25 February 2020
China’s Top Leaders Signaled they will increase fiscal and monetary stimulus this year, as the Coronavirus outbreak Hammers the World`s Second-Biggest Economy. At a Friday meeting chaired by President Xi Jinping, Officials Pledged to be more "Proactive" in Using Fiscal Policy and Exercise "More Flexibility" in Monetary Easing. The wording indicates a greater easing can be compared with the stance that was endorsed at a top-level of economic meetings in December, where the communist party leadership laid out stimulus plans for 2020. (Bloomberg) The U.S. Will sign military deals worth more than $ 3 billion with India on Tuesday, President Donald Trump Said at the Start of a Two-Day State Visit to the South Asian Nation. "We make the greatest weapons ever made. Airplanes. Missiles. Rockets. Ships. We make the best and we`re dealing now with India. But this includes advanced air-defense systems and armed and unarmed aerial vehicles, "Trump Told a cheering crowd at the western Indian city of Ahmedabad on Monday as he shared the stage with India’s Prime Minister Narendra Modi. (Bloomberg) Source: Danareksa Securities Debt Research Photo by Annie Spratt on Unssplash