DC Edit | Biden shows the way DECCAN CHRONICLE.
Updated Mar 13, 2021, 4:53 am IST
Biden signed a historic US $1.9 trillion Covid-19 relief package heralding a path-breaking measure that sets very high standards
Mr Biden can do even more to help the world rid itself of the pandemic. (Photo: AFP)
US President Joe Biden signed a historic US $1.9 trillion Covid-19 relief package heralding a path-breaking measure that sets very high standards for the world while showing it the way out of the pain of the pandemic as well as the economic recession that came in its wake. There is something for everyone in the plan, from vaccination eligibility for every American by May and the promise of normal family gatherings by July 4 and the reopening of schools. Considering how his predecessor Donald Trump had mishandled the Covid-19 crisis into making America the worst sufferer, Mr Biden has not just tread a truly effective path; he has chosen the best possible response to a global crisi
By Sumita Layek (Reuters) - Gold rose on Wednesday, hovering near a one-week peak hit in the previous session, as a weaker dollar and rising hopes of a U.S. stimulus elevated bullion s appeal as a hedge against inflation. Spot gold rose 0.3% to $1,842.41 per ounce by 0342 GMT. Prices hit their highest since Feb. 2 at $1,848.40 in the previous session. U.S. gold futures gained 0.3% to $1,843.50. Making gold more affordable, the dollar fell to a near two-week low against rivals. With U.S. yields holding steady, gold is moving inversely to the U.S. dollar. That says to me this is not a gold story, rather it is a weak dollar story, said Jeffrey Halley, a senior market analyst at OANDA.
Read more about Asian shares jump on US stimulus, Japan s Nikkei hits 29-year high on Business Standard. Asian shares jumped, with Japanese stocks hitting a 29-year high, as hopes that a long-awaited U pandemic relief package would be expanded and a Brexit trade deal supported investor risk appetites
Global shares edge up on news Donald Trump signs pandemic aid bill business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.