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Tech firms must give businesses a break

A large part of managing the economic disruption from the coronavirus crisis has been keeping businesses and individuals afloat amid the shutdown of large parts of the economy. Banks, landlords, the federal government, hospitals and workers have all chipped in to do their part. But one notable group of companies has been missing from this process — large technology companies ...

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Thinking big about Covid-19 and monetising public debt

A Holy Grail of policymaking since the end of the 1970s high-inflation era has been to stop turning public debt into interest-free money. In emerging economies like India, where the idea made a late entry, this dogma is threatening to get in the way of mounting a robust response to the coronavirus. The reluctance to surrender hard-won victories is understandable. ...

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European stocks see decline with US futures; oil advances

Bloomberg European stocks dropped with US futures on Thursday as investors weighed the latest signs of the coronavirus’s impact on the global economy and a slew of corporate earnings. Crude oil rose to about $15 a barrel in New York. The Stoxx Europe 600 Index quickly erased its opening gain as an estimate of private-sector activity in the euro area ...

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