In this episode of the MarketPlace Espresso, I bring major economics news stories from the week beginning 24th May. News highlights include:
EU Commission's Proposal for the EU
China's National Security Bill and the possible economic implications for Hong Kong
Argentina's debt crisis
African Free Trade Area postpones
Major Business News
A random economic news story of the weekhttps://www.cnbc.com/2020/05/26/coronavirus-european-commission-to-unveil-new-stimulus-that-could-boost-markets.html
https://www.cnbc.com/2020/05/28/eu-needs-coronavirus-stimulus-deal-in-coming-months-dombrovskis-says.html
https://markets.businessinsider.com/news/stocks/eu-unveils-new-groundbreaking-covid-19-stimulus-826-billion-2020-5-1029236883
https://www.bbc.com/news/business-52853333
https://www.cnbc.com/2020/05/28/chinas-security-law-what-it-means-if-hong-kong-loses-special-status-with-us.html
https://www.cnbc.com/2020/05/28/china-national-security-proposal-for-hong-kong-what-we-know-so-far.html
https://www.aljazeera.com/ajimpact/argentina-defaults-debt-talks-progress-200522212222639.html
https://www.bbc.com/news/world-latin-america-52846939
https://www.cnbc.com/2020/05/26/singapore-plans-fourth-stimulus-package-for-coronavirus-hit-economy.html
https://www.cnbc.com/2020/05/26/afcfta-is-delayed-by-the-coronavirus-experts-say-its-vital-to-recovery.html
https://www.cnbc.com/2020/05/26/south-africa-downgrades-lockdown-rules-sending-8-million-back-to-work.html
https://www.investopedia.com/terms/s/strategicalliance.asp
https://www.bbc.com/news/business-52845849
https://www.independent.co.uk/news/business/news/nissan-job-cuts-sunderland-barcelona-plant-brexit-a9536416.html
https://www.cnbc.com/2020/05/28/easyjet-to-cut-workforce-by-30percent-as-coronavirus-pandemic-weighs.html
https://www.cnbc.com/2020/05/28/amazon-to-offer-permanent-roles-to-70percent-of-175000-new-us-hires.html