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Poland needs fiscal stimulus to aid virus-hit economy

Bloomberg Poland should provide fiscal stimulus to aid the virus-hit economy before the central bank considers cutting borrowing costs that are already at a record low, Monetary Policy Council member Grazyna Ancyparowicz said. “It’s high time for fiscal policy to play first fiddle,” Ancyparowicz said in an interview. “Our monetary policy has already been near its limit and absolutely nothing ...

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Mahathir says opposition lacks votes to oust Malaysia leader

Bloomberg Malaysia’s former leader Mahathir Mohamad warned that the opposition coalition may lack the support needed to remove the current government, while criticising his long-time rival Anwar Ibrahim for the collapse of his administration. The Pakatan Harapan alliance, which was ousted from power last month, now had the backing of about 108 lawmakers, from 114 the morning before Prime Minister ...

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White House health aide warns ‘spike’ in virus cases coming

Bloomberg Expanding testing for the Covid-19 virus in the US will result in a “spike in the curve” over the next week as more cases are uncovered, a top White House aide said. “For those of you who watched China, and China reporting, remember when they changed their definition and all of a sudden there was a blip in their ...

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