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Nalezeno "coronavirus recession": 6

Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates


Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...

JPMorgan, Bank of America, Deutsche Bank Predict Major Recession


Big banks are predicting a major recession, the deepest one in the post-war era. JPMorgan Chase CEO Jamie Dimon said his bank cannot be immune to the resulting financial stress while Bank of America expects the U.S. economy to “collapse” and Deutsche Bank has forecasted a severe global...

Can CBDC Help Recover From Coronavirus Recession And Lead To Bitcoin?


Equestrian statue of the Duke of Wellington in front of the Bank of England. There is a general consensus that the global economy is heading for a sharp recession. The economic output will contract, but there are, at least, certain innovations that can be implemented to mitigate...

Stablecoins Will Have to Adapt to Survive Coronavirus Recession


Stablecoins are facing new challenges. With USD interest rates hitting 0% and US Treasury yields turning negative, it's becoming increasingly hard to earn a profit simply by holding USD in reserve or by purchasing US Treasury bills. While some stablecoins operate using alternative business models...

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