US Treasury plans to borrow $2.9 trillion during Q3

US Treasury plans to borrow $2.9 trillion during Q3

The United States Treasury department said it plans to borrow USD 2.9 trillion during the April-June quarter to deal with the coronavirus pandemic. According to The Wall Street Journal, this is five times of what the United States borrowed at the peak of the 2008...
British new car sales fall around 97% in April

British new car sales fall around 97% in April

Last month, around 4,000 cars were registered with most of the sales being fleet purchases, according to preliminary data from the Society of Motor Manufacturers and Traders  Reuters        Last Updated: May 5, 2020  | 12:21 IST British new car sales slumped by around...