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The challenges faced by COVID-19 the Fed announced additional $750bn in loan support.With this additional action, the Fed has committed to providing $2.3Tn in loan to support the economy.Given the historic rise in unemployment claims it's not surprising that the Fed has taken further actions to contain the economic fallout.
In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.
In this Watch we estimate admissions and exits in the Spanish health system during COVID-19, and variations in the number of patients in hospitals, which reached its maximum on March 25. Now exits are close to exceeding admissions. At the end of the crisis, having good data will be crucial.
We are faced with a pandemic whose economic impact will likely cause the biggest drop in global GDP since the end of the Second World War. The uncertainties are enormous.
The last weekend of March saw the Spanish Government make the isolation measures in the country more restrictive, bringing a halt to all non-essential activity in the fight against the COVID-19 pandemic. Activities considered essential include those carried out by financial services companies, including banks.