Markets
Millions in England to enter tougher Tier 4 Covid rules
The spread of the new, more virulent strain of Covid-19 is increasing in the South West, Midland and parts of the North, Hancock said. A report on Tuesday had said that 24 million people which is almost 43 per cent of the population in England is already under strict " stay-at-home " lockdown. [Full Article...]
$600 stimulus checks will start rolling out immediately
Check your bank account, the second round of stimulus payments has already started. The U.S. Treasury will begin to mail paper checks today. Taxpayers will receive another $600 per child dependent. Payments are reduced for people earning more than those amounts. The Kentucky Republican on Tuesday blocked quick passage of a House-approved bipartisan measure to increase the checks to $2,000 , p... [Full Article...]
Post-Brexit deal to be signed Wednesday after go-ahead by European Union members
But the end to Britain's membership in the EU's vast single market and customs union will still bring inconvenience and new expense for both individuals and businesses - from the need for tourists to have travel insurance to the millions of new customs declarations that firms will have to fill out. [Full Article...]
Round 2 of Stimulus Checks Approved, Here's Who Qualifies
The House of Representatives on Monday passed standalone legislation that would increase the economic impact payments to $2,000, from $600 - a policy that President Trump has very publicly supported. While the portal isn't now open, the IRS says it "continues to monitor and prepare for new legislation related to Economic Impact Payments". Timing could, however, be impacted by the holiday as a nu... [Full Article...]
House votes in favor of increasing coronavirus stimulus checks to $2,000
The House's approval - made on a 275-134 bipartisan vote - is the latest in the unusual saga of the second round of coronavirus payments. President Trump signed a $2.3 trillion spending bill Sunday - despite his own late objections - that funds the government and includes $900 billion in stimulus provisions for struggling households and businesses. [Full Article...]
US House passes $2000 check bill
One member of the U.S. Senate who caucuses with Democrats has a plan to jam up Senate Majority Leader Mitch McConnell over increased direct aid - and it is also created to help oust the GOP leader. The spending bill Trump signed includes $900 billion for coronavirus relief and $1.4 trillion for government funding through next September. Global markets were buoyed after Mr Trump approved the pack... [Full Article...]
European stocks extend gains as Brexit deal boosts UK
The jump came after US President Donald Trump signed a $900 billion (735 billion euros) stimulus bill late Sunday, averting a government shutdown and removing considerable uncertainty for the world's largest economy. London markets were shut for the Boxing Day holiday, meanwhile trading volumes are expected to be light in European stocks in another holiday shortened week. [Full Article...]
One in 1000 Americans have died from COVID-19
This has been the deadliest month of the outbreak in the USA yet, with about 65,000 deaths in December so far, according to the COVID Tracking Project . The individual countries with the largest number of infections are the United States with 18,945,149 cases and 331,916 deaths, India (10,169,118 cases, 147,343 deaths), Brazil (7,465,806 cases, 190,795 deaths), Russian Federation (3,050,248 cases... [Full Article...]