News Archives for World - 2020-05-13

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World - 2020-05-13

Middle East

Lebanon launches IMF talks to rescue economy

The talks will be based on a government rescue plan which maps out tens of billions of losses in the financial syst

Published 13 May, 2020 10:23pm

Europe

Merkel urges Germans not to jeopardize coronavirus achievements

"It would be depressing if we have to return to restrictions that we want to leave behind us because we want too mu

Published 13 May, 2020 10:21pm

Europe

Italy's daily coronavirus death toll rises, new cases fall

The number of confirmed cases amounts to 222,104, the fifth highest global tally behind those of the United States,

Published 13 May, 2020 10:19pm

Collapse in consumption dragging down global economic outlook: IMF

Gopinath said economic data gathered since April confirmed the IMF's forecast for a 3pc contraction in global econo

Published 13 May, 2020 10:18pm

Europe

Spanish antibody study points to 5pc of population affected by coronavirus

The testing should help the government gauge the true extent of the epidemic, taking into account also those who ma

Published 13 May, 2020 10:17pm

World has 'long way to go' in COVID-19 fight: WHO expert

Governments around the world are struggling with the question of how to reopen their economies while still containi

Published 13 May, 2020 10:16pm

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

The stay-at-home order, intended to curb the spread of the novel coronavirus, had been scheduled to end on May 15.

Published 13 May, 2020 10:14pm

EU pushes to reopen borders for summer tourism amidst coronavirus

Tourism industry groups praised the recommendations as a first step to help save their businesses, but the Commissi

Published 13 May, 2020 10:12pm

Pompeo lauds Israel over coronavirus cooperation, raps China

Pompeo did not name China and did not give specific examples of Israeli cooperation in the fight against coronaviru

Published 13 May, 2020 10:10pm

Global Business Economy

India unveils $60bn credit line for small businesses and lenders hit by lockdown

The credit line is a part of a 20 trillion rupee ($266 billion) fiscal and monetary package announced by Prime Mini

Published 13 May, 2020 01:39pm

Russia records more than 10,000 new virus cases

Health officials reported 10,028 new cases over the last 24 hours, bringing Russia's total number of infections to

Published 13 May, 2020 12:16pm

Chinese city in partial lockdown over 'major risk' of virus spread

A cluster of infections was reported in the suburb of Shulan over the weekend. BEIJING: A northeastern Ch

Published 13 May, 2020 12:08pm

Taliban says ready to counter Afghan forces after deadly carnage

President Ashraf Ghani blamed both attacks on the Taliban and Islamic State, ordering Afghan troops to "resume thei

Published 13 May, 2020 12:03pm

Pompeo in Israel for West Bank annexation talks amid new bloodshed

Pompeo and Netanyahu voiced fresh condemnation of their common foe Iran, accusing the Islamic republic of promoting

Published 13 May, 2020 11:57am

Middle East

Dubai turns world's tallest building into coronavirus charity box

Each of the tower’s 1.2 million external lights was ‘sold’ for 10 dirhams ($2.70), enough to buy one meal. As donat

Published 13 May, 2020 05:21am

Middle East

Saudi Arabia to enforce nationwide 24-hour curfew for Eid holiday

The curfew will apply from May 23-May 27 following the end of the fasting month of Ramadan. RIYADH: Saudi

Published 13 May, 2020 05:19am

Global Business Economy

French economic activity down 27 percent in April

French economic activity plunged 27 percent in April compared with its expected trajectory before the coronavirus pandemic but this was still a slight improvement on March, the Bank of France said Tuesday.