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Dates to Watch as Governments Face a Fiscal Cliff Edge

  • Bailout programs are expiring with economies still in trouble
  • Extending programs risks higher budget deficits, zombification
Australia's Second-Largest City Re-Enters 6-week Long Virus Lockdown
Photographer: Carla Gottgens/Bloomberg

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Governments that raced to the rescue as the coronavirus hit their economies now face the dilemma of whether to extend their massive bailouts of businesses and labor markets.