Tag: Health emergency

• Wednesday, April 1st 2020 - 07:50 UTC

  Mexico on health emergency: fears the system could be overwhelmed by growing cases of coronavirus

  

  Mexico declared a health emergency on Monday and issued stricter rules aimed at containing the fast-spreading coronavirus after its number of cases surged past 1,000 and the death toll rose sharply.

• Wednesday, March 4th 2020 - 06:58 UTC

  Fed emergency intervention to address potential economic toll of the coronavirus outbreak

  

  The Federal Reserve on Tuesday cut interest rates amid concern about the potential economic toll of the coronavirus outbreak. The Federal Open Market Committee (FOMC), which sets Fed interest rates, announced it would cut its baseline rate range by 0.5 percentage points to a 1 to 1.25 percent spread.