Lebanese central bank to inject dollars to stop pound’s slide

2/2 © Reuters. Lebanon’s President Michel Aoun meets with Lebanese political leaders to present the plan aimed at steering the country out of a financial crisis, at the presidential palace in Baabda 2/2 By Eric Knecht and Tom Perry BEIRUT (Reuters) – Lebanon’s central bank will begin injecting dollars into the market on Monday, President […]

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Exclusive: Germany in talks to inject billions into Lufthansa – sources

By Arno Schuetze and Ilona Wissenbach FRANKFURT (Reuters) – Germany is in talks to provide Lufthansa (DE:) with billions of euros in state aid and could take a stake in the airline, which has grounded more than 90% of its fleet due to the coronavirus pandemic, people close to the matter said. The government and […]

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Brazil government to inject $30 billion into economy to combat coronavirus hit

By Marcela Ayres BRASILIA (Reuters) – Brazil’s government on Monday announced emergency measures to inject nearly 150 billion reais ($ 30 billion) into the economy to soften the blow from the coronavirus pandemic. The fiscal boost represents a rapid turnaround for Economy Minister Paulo Guedes who, as recently as the weekend, insisted that Brazil could […]

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