World leaders, their economic advisers and policymakers are taking a wide and varied approach to the COVID-19 (aka- the coronavirus) and its impact, or the potential impact it will have on their country’s economy. The approaches range from wait-and-see, to emergency interest rate reductions, to large spending packages, which will fund research for a vaccine, an accurate testing procedure and everyday necessities. For many countries it’s a combination of all. Reuters correspondents have put together a list of the major countries of the world and their approach and response to the COVID-19 virus outbreak.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.
Factbox: The economic remedies for the coronavirus