The number of new U.S. unemployment claims picks up for the first time in four months, The President of the European Commission pointed out that the new 7-year budget approved by the leaders of member states is not comprehensive
The number of new U.S. unemployment claims picks up for the first time in four months
The latest number of first-time jobless claims in the United States was 1.416 million, an increase of 109,000 on a weekly basis. Obviously, because of the severe epidemics in many US states, the restriction order must be reintroduced, which is the main reason for the increase in unemployment. However, in addition to the above-mentioned bad news, there was also good news in the United States last night. U.S. Treasury Secretary Mnuchin said that with regard to the new round of US$1 trillion economic rescue plan, it is understood that a preliminary agreement has been reached with the Republicans in the Senate. Negotiations with the Democrats are now pending, and the plan is expected to be reached by the end of this month.
The President of the European Commission pointed out that the new 7-year budget approved by the leaders of member states is not comprehensive
European Commission President Ursula von der Leyen believes that the new seven-year budget approved by the leaders of the 27 EU member states is a compressed version, and the budget in some places is not enough. After Von der Lein’s speech, members of the European Parliament were dissatisfied with the budget’s lack of aggressive strategies, and the response to the new crown virus pandemic caused heavy economic damage. They passed resolutions by a large number and strongly criticized the budget cuts and harmed the sustainable recovery of the European economy. basis. The European Parliament has the final decision on the budget and is expected to vote at the end of this year.
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The latest number of first-time jobless claims in the United States was 1.416 million, an increase of 109,000 on a weekly basis. Obviously, because of the severe epidemics in many US states, the restriction order must be reintroduced, which is the main reason for the increase in unemployment. However, in addition to the above-mentioned bad news, there was also good news in the United States last night. U.S. Treasury Secretary Mnuchin said that with regard to the new round of US$1 trillion economic rescue plan, it is understood that a preliminary agreement has been reached with the Republicans in the Senate. Negotiations with the Democrats are now pending, and the plan is expected to be reached by the end of this month.
The President of the European Commission pointed out that the new 7-year budget approved by the leaders of member states is not comprehensive
European Commission President Ursula von der Leyen believes that the new seven-year budget approved by the leaders of the 27 EU member states is a compressed version, and the budget in some places is not enough. After Von der Lein’s speech, members of the European Parliament were dissatisfied with the budget’s lack of aggressive strategies, and the response to the new crown virus pandemic caused heavy economic damage. They passed resolutions by a large number and strongly criticized the budget cuts and harmed the sustainable recovery of the European economy. basis. The European Parliament has the final decision on the budget and is expected to vote at the end of this year.
Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading & margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/
