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  • OECD: Tackling The Coronavirus (COVID-19) - Contributing To A Global Effort

    Date 26/03/2020

    The pandemic brings with it the third and greatest economic, financial and social shock of the 21st Century, after 9/11 and the Global Financial Crisis of 2008. This shock brings a double whammy: a halt in production in affected countries, hitting supply chains across the world, and a steep drop in consumption together with a collapse in confidence. Stringent measures being applied, albeit essential to contain the virus, are thrusting our economies into an unprecedented “deep freeze” state, from which emergence will not be straightforward or automatic.

  • Nadex Refrains From Listing Certain Contracts

    Date 26/03/2020

    Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(h), on trade date Monday, March 26, 2020 Nadex took the following actions:  

  • Remarks By IMF Managing Director Kristalina Georgieva During An Extraordinary G20 Leaders’ Summit

    Date 26/03/2020

    International Monetary Fund Managing Director Kristalina Georgieva made the following statement today following a conference call of G20 Leaders’ Summit:

    “I am grateful to the Saudi presidency for calling this extraordinary summit – so we can close ranks as a global community to protect people’s lives and guard the world economy. We project a contraction of global output in 2020, and recovery in 2021.  How deep the contraction and how fast the recovery depends on the speed of containment of the pandemic and on how strong and coordinated our monetary and fiscal policy actions are."

  • ESMA Consults On Post-Trade Risk Reduction Services Under EMIR Refit

    Date 26/03/2020

    The European Securities and Markets Authority (ESMA), the EU's securities markets regulator, has launched a public consultation on Post Trade Risk Reduction Services (PTRR) under the European Market Infrastructure Regulation (EMIR).

  • Swedish Finansinspektionen (FI) Expects Banks And Credit Market Companies To Stop Dividend Payments

    Date 26/03/2020

    The spread of the coronavirus has created immediate challenges for society and caused economic disruptions throughout Sweden and the global economy. The forecasts for the Swedish economy are rapidly deteriorating. Therefore, it is important the we safeguard a stable supply of credit to households and firms and maintain good resilience in the system. Banks and credit market companies play a crucial role in this respect.