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Archive

World

Thursday, April 16, 2020

US retail sales, factory output sink
World

US retail sales, factory output sink

US retail sales suffered a record drop in March and output at factories declined by the most since 1946, buttressing analysts' views that the economy contracted in the first quarter at its sharpest pace in decades as extraordinary measures to control the
Published 16 Apr, 2020 12:00am
Virus sends Germany into recession
World

Virus sends Germany into recession

Germany in March plunged into a recession set to last until the middle of the year, the economy ministry said Wednesday, as the government readied an extension of the virus-fighting curbs that sparked the slump until May 3.
Published 16 Apr, 2020 12:00am
New Zealand PM takes pay cut as virus hits economy
World

New Zealand PM takes pay cut as virus hits economy

New Zealand Prime Minister Jacinda Ardern announced Wednesday she will take a 20 percent pay cut in a symbolic act of solidarity with people struggling financially during the coronavirus pandemic.
Published 16 Apr, 2020 12:00am
India allows rural poor to work
World

India allows rural poor to work

Millions of people in rural India will be allowed back to work next week despite a nationwide coronavirus lockdown, the government said Wednesday, as it conceded the hardships of shutting its vital farming economy were too great.
Published 16 Apr, 2020 12:00am
China denies criticising France's virus response
World

China denies criticising France's virus response

China on Tuesday denied criticising France's response to the coronavirus pandemic, saying there had been "misunderstandings" after French officials summoned the Chinese ambassador in Paris.
Published 16 Apr, 2020 12:00am
McEnany takes over as White House press secretary
World

McEnany takes over as White House press secretary

Kayleigh McEnany, a former Fox News figure who is fiercely loyal to President Donald Trump, took over Wednesday as his new press secretary, entering the high-profile job at a time of turmoil in White House relations with the press.
Published 16 Apr, 2020 12:00am