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Trump, Fauci at odds on reopening schools in U.S.

Trump, Fauci at odds on reopening schools in U.S.

2020-05-14 11:36

"It's just, to me it's not an acceptable answer, especially when it comes to schools."

U.S government directed U.S fund to keep money out of Chinese equities.

U.S government directed U.S fund to keep money out of Chinese equities.

2020-05-14 10:11

The U.S. government directed the U.S. federal employee retirement fund to keep money out of Chinese equities.

Italys cabinet passes 55-bln-euro package to relaunch economy

Italy's cabinet passes 55-bln-euro package to relaunch economy

2020-05-14 05:02

Italian PM Giuseppe Conte's cabinet on Wednesday passed a decree containing financial measures worth 55 billion euros to support the economy.

U.S. Fed Chair Powell warns of prolonged recession amid COVID-19 crisis

U.S. Fed Chair Powell warns of prolonged recession amid COVID-19 crisis

2020-05-14 03:44

The COVID-19 crisis raises "long-term concerns," a prolonged recession and weak recovery could lead to an extended period of low productivity growth.

Washington, D.C. extends stay-at-home order to June 8

Washington, D.C. extends stay-at-home order to June 8

2020-05-14 02:00

Washington, D.C. Mayor Muriel Bowser announced on Wednesday that the city is extending its stay-at-home order through June 8.

COVID-19 to slash global economic output by 8.5 trln USD over next 2 years

COVID-19 to slash global economic output by 8.5 trln USD over next 2 years

2020-05-14 00:55

The global economy is projected to contract sharply by 3.2 percent this year, according to the UN report.

Fiji needs to protect natural biodiversity for sustainable development

Fiji needs to protect natural biodiversity for sustainable development

2020-05-13 15:02

The safeguarding and protection of Fiji's natural biodiversity must take precedence in all aspects of development.

IMF receives Chiles request for 23.8 bln USD FCL

IMF receives Chile's request for 23.8 bln USD FCL

2020-05-13 13:55

IMF on Tuesday said it has received Chilean authorities' request for a 23.8 billion U.S. dollars Flexible Credit Line (FCL) over two years.

Downward revision of growth forecast ＂very likely＂ : IMF chief

Downward revision of growth forecast ＂very likely＂ : IMF chief

2020-05-13 13:26

IMF Managing Director Kristalina Georgieva said on Tuesday that the multilateral lender would "very likely" further cut global growth forecasts.

Philippine GDP growth to shrink 2.0 to 3.4 pct in 2020 due to COVID-19

Philippine GDP growth to shrink 2.0 to 3.4 pct in 2020 due to COVID-19

2020-05-13 13:24

The Philippines's economic growth is projected to contract by 2.0 to 3.4 percent in 2020 due to COVID-19 that continues to savage the country.

Vietnams central bank cuts rates to push post-pandemic recovery

Vietnam's central bank cuts rates to push post-pandemic recovery

2020-05-13 11:54

The State Bank of Vietnam (SBV) has decided to slash many rates by up to 0.5 percentage points from Wednesday.

U.S. Fed official warns of more pessimistic scenarios

U.S. Fed official warns of more pessimistic scenarios

2020-05-13 11:14

While the U.S. economy is likely to pick up in the second half of the year, more pessimistic scenarios with new coronavirus infections.

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