Former BoE governor comments on recession

Source: Dukascopy Bank SA
On Monday, the former Governor of the Bank of England Mervyn King stated that the current recession is bound to be much serious than in 2008.
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Mon, 23 Mar 2020 14:42:01 GMT

Bundesbank comments on economy

The German Bundesbank revealed on Monday that despite public finances being solid a recession is inevitable.

Mon, 23 Mar 2020 12:11:20 GMT

Shell trims annual spending by $5.0B, delays share buyback

On Monday, Royal Dutch Shell will trim its 2020 spending by $5.0B, suspending its vast $25B share buyback plan, as the oil and gas company seeks to stay afloat after the recent plunge in oil prices.

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