August 14, 2020

Asian markets struggle as US stimulus impasse drags on

Hong Kong (AFP) – Asian markets drifted Friday as investors grew increasingly concerned about the stalemate in Washington on a new stimulus for the world’s top economy.Hopes that Democrats and Republicans would cast aside their mutual animosity to stump up much-needed cash for struggling Americans have been key to supporting equities for weeks.But they were dealt a blow Thursday when senators broke up for a summer recess, saying they would not return until early next month, while both sides continued to trade accusations over who was to blame for the impasse.Democrats have called on Republican…

source https://this.kiji.is/en/666846291955221601?c=648607265489716321

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