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Archive

World

Friday, April 24, 2020

Germany announces new 10 billion euro virus package
World

Germany announces new 10 billion euro virus package

The German government unveiled a 10 billion euro ($10.8 billion) economic package on Thursday to pay for additional unemployment benefits and new tax cuts to help businesses affected by the coronavirus.
Published 24 Apr, 2020 02:52am
US new home sales tumble
World

US new home sales tumble

Sales of new US single-family homes dropped by the most in more than 6-1/2 years in March and further declines are likely as the novel coronavirus outbreak batters the economy and throws millions of Americans out of work.
Published 24 Apr, 2020 02:52am
Millions of Americans join unemployed ranks
World

Millions of Americans join unemployed ranks

A stunning 26.5 million Americans have sought unemployment benefits over the last five weeks, confirming that all the jobs gained during the longest employment boom in US history have been wiped out as the novel coronavirus savages the economy.
Published 24 Apr, 2020 02:52am
Pandemic throws global economy into deeper decline
World

Pandemic throws global economy into deeper decline

Global economic activity all but ground to a halt this month as government-imposed lockdowns due to the coronavirus pandemic took a particularly heavy toll on the world's service industry, surveys showed on Thursday.
Published 24 Apr, 2020 02:52am
Spanish government apologises to children
World

Spanish government apologises to children

One of Spain's deputy prime ministers apologised Thursday to the country's children for confining them to their homes since mid-March as part of a nationwide lockdown to fight the coronavirus pandemic.
Published 24 Apr, 2020 02:52am
First Syrian state torture trial opens in Germany
World

First Syrian state torture trial opens in Germany

Two alleged former Syrian intelligence officers went on trial in Germany on Thursday accused of crimes against humanity in the first court case worldwide over state-sponsored torture by Bashar al-Assad's regime.
Published 24 Apr, 2020 02:52am
UN warns Israel over West Bank annexation
World

UN warns Israel over West Bank annexation

The UN's special Middle East envoy, Nickolay Mladenov, on Thursday warned Israel not to annex parts of the West Bank, saying such a move would be a "devastating blow" to the internationally-backed two-state solution.
Updated 24 Apr, 2020 06:29am