Bloomberg New Zealand’s government is preparing additional fiscal measures to limit a surge in unemployment as it battles the coronavirus, Finance Minister Grant Robertson said. “Work on further significant government investment to protect jobs, support cashflow, and prepare the economy for recovery is well advanced,” Robertson said in Wellington. Scenarios released by the Treasury department show that unemployment “can be ...

Bloomberg Republicans are ratcheting up efforts to paint China as the villain in the coronavirus pandemic, seeking to shift blame as President Donald Trump faces increased criticism of his handling of a crisis that has shuttered the US economy. The Trump campaign sent out a fundraising email that accused China of “lying” about the outbreak and saying the country must ...

Bloomberg China criticised US President Donald Trump’s move to temporarily halt funding to the World Health Organization (WHO) and pledged to support the global health body. Trump said he ordered the move against the WHO because it took China’s claims about the coronavirus “at face value” and failed to share information about the pandemic as it spread. China has “serious ...