The Federal Reserve is further reducing the rate at which it buys government bonds. The umbrella of central banks in the United States will buy an average of $ 4 billion in bonds daily from June 8-12, versus $ 4.5 billion this week.
Unemployment in the United States fell to 13.3 percent in May. According to the United States Department of Labor, more than 2.5 million jobs were added to the largest economy in the world last month compared to April. The economy was doing much better than expected.
Retail sales in the eurozone fell sharply again in April due to the outbreak of the new corona virus and restrictive measures to curb the disease. This was reported by the European statistics agency Eurostat.
Ryanair would require personnel in France to hand in 10 to 20 percent of their wages to help lead the Irish low coster through the corona crisis. If staff refuse the proposal, dismissal may follow. Unions speak of blackmail. The French television station BFM reports on the matter.
According to a parliamentarian from Laois-Offaly, an Irish parliamentary constituency, the necessity of import of thousands of tons of potatoes and other food worth billions of euros suggests that the next Irish government should pay more attention to the sustainability of the food supply.
The Federal Reserve is further reducing the rate at which it buys government bonds. The US central bank system will buy an average of $ 4.5 billion in bonds next week, up from 5 billion this week.
Renewi waste processor processed less waste in the first quarter because of the lockdown measures against the corona virus. This was especially evident in April, according to the company that emerged from the takeover of the Dutch Van Gansewinkel by the British Shanks.
In order to pay for the European recovery and to limit the bill for the Member States, the European Commission is counting on a accumulation of new sources of its own income, such as a levy on non-recycled plastic or a carbon tax at the borders.