Bloomberg Brazil’s government was expected to announce on Tuesday the extension of an aid to informal workers for a few more months, seen as crucial to poorest people amid pandemic impacts on the economy. Country’s unemployment rose in May to 12.9% from 12.6% in April, according to the national statistic agency. Primary deficit hit 131.4 billion reais in May from ...

Bloomberg Indonesia’s central bank may buy billions of dollars of sovereign bonds at zero interest, or below its benchmark rate to help the government finance a wider deficit arising out of stimulus measures to counter fallout of the coronavirus pandemic. Bank Indonesia may bear the full cost of an expanded health care and social safety net budget of $27.6 billion ...

Bloomberg UK households continued to amass savings and pay down debt in May as stores remained closed for a second month in an effort to the stop the spread of coronavirus. The build-up of money in bank accounts reflects both the reduced opportunities to spend and the fact that the wages of millions of furloughed workers are being paid by ...