By Reuters Staff
2 Min Read
FILE PHOTO: New York City Mayor Bill de Blasio, speaks during a news conference, following the outbreak of the coronavirus disease (COVID-19) in the Coney Island neighborhood of the Brooklyn borough of New York City, U.S., September 15, 2020. REUTERS/Brendan McDermid/File Photo
(Reuters) - A decline in property tax revenue related to the ongoing coronavirus pandemic has punched a bigger hole in the upcoming budget for New York City, which needs Democrats in control of the White House and the U.S. Congress to deliver major fiscal stimulus, Mayor Bill de Blasio said on Thursday.
Pfizer will temporarily reduce its deliveries to Europe of its vaccine against COVID-19 while it upgrades its production capacity, the company and the Norwegian Institute of Public Health (FHI) said on Friday.
Policymakers worldwide should embrace more spending to help revive their stuttering economies, the head of the International Monetary Fund said on Friday at Russia's annual Gaidar economic forum.
Turkey's lira led losses across emerging-market currencies on Friday as a survey showed 2021 inflation remaining elevated, while stocks fell from record highs as focus turned to a U.S. stimulus package.
The Indonesian parliament's legislative committee (Baleg) has shelved a plan to revise the act covering the central bank and lawmakers will instead debate an alternative bill on the financial sector, its chairman said late on Thursday.