News Archives for World - 2020-05-27

World - 2020-05-27

UK PM Johnson to join post-Brexit talks as key deadline nears

 London and Brussels must still agree on everything from fishing rights to state aid rules and environmental standar

Published 27 May, 2020 09:32pm

Global Business Economy

BoE's Andrew Bailey: UK risks 'longer and harder recovery'

 "The Bank stands ready to do whatever we can to support UK households and businesses during this period of economic

Published 27 May, 2020 09:29pm

EU must play global role in virus crisis, says Merkel

 She welcomed the European Commission's proposed 750 billion euro coronavirus recovery fund for the bloc but said mo

Published 27 May, 2020 09:25pm

Global Business Economy

US outlook highly uncertain, businesses 'pessimistic': Fed

 The survey showed activity in the world's largest economy continued to fall sharply in recent weeks in all regions,

Published 27 May, 2020 09:23pm

US ends sanction waivers for nations in Iran nuclear deal

 These escalatory actions are unacceptable and I cannot justify renewing the waiver, Pompeo said in a statement.

Published 27 May, 2020 09:16pm

North America

Pompeo says Hong Kong does not warrant pre-1997 special treatment

 "No reasonable person can assert today that Hong Kong maintains a high degree of autonomy from China, given facts o

Published 27 May, 2020 04:00pm

Europe

EU agency to set up 'independent' research on virus vaccine

 The Amsterdam-based EU agency said its main focus would be on the safety and efficacy of a vaccine, which scientist

Published 27 May, 2020 03:52pm

Europe

Moscow to ease lockdown restrictions from Monday: mayor

 He also announced other measures including allowing people to take walks under some limitations.

MOSCOW: Mosc

Published 27 May, 2020 03:39pm

Middle East

Rouhani urges Iran MPs to cooperate as parliament opens

 Iran held a legislative election on February 21 and is scheduled to hold a presidential poll in around 12 months.

Published 27 May, 2020 03:37pm

Europe

EU needs to focus on Brexit negotiations

 "I think it's important that they keep enough focus on these negotiations as well and don't relegate them to someth

Published 27 May, 2020 03:18pm

Europe

Merkel: German states taking more responsibility for coronavirus steps

 After talks with the leaders of the states in the former Communist East, some of whom have pushed for a shift away

Published 27 May, 2020 03:01pm

Europe

Ireland may decide next week to speed up the reopening plan

 Health Minister Simon Harris also said the number of COVID-19 patients in hospitals fell to 218 from 278 on Tuesday

Published 27 May, 2020 02:53pm

Asia

Key spending in Japan's second stimulus package of $1.1trn

 It will include 2.4 trillion yen to ramp up a pool of funds that can be tapped to inject capital into companies tha

Published 27 May, 2020 01:53pm

Europe

Putin gets invitation from UK's Johnson on coronavirus vaccine summit

 The British government will hold the Global Vaccine Summit 2020, to mobilize resources needed to ensure universal a

Published 27 May, 2020 01:30pm

Trump offers to mediate 'raging' India-China border dispute

 "We have informed both India and China that the United States is ready, willing and able to mediate or arbitrate th

Published 27 May, 2020 01:25pm

Europe

Germany can't confirm Merkel will attend G7 in person

 President Donald Trump believes there would be "no greater example of reopening" than holding a summit of Group of

Published 27 May, 2020 01:22pm

Europe

EU must evolve its position in talks on future ties

 Asked whether Frost would want the EU's negotiator to have a changed mandate for the negotiations.

LONDON: Th

Published 27 May, 2020 01:18pm

Europe

Spain sees 750bn euro EU coronavirus fund plan as good basis for talks

MADRID: The Spanish government said on Wednesday the European Union's proposal for a 750 billion euro ($824bn) coronavir

Published 27 May, 2020 01:13pm

Europe

PM takes Brexit decisions, Cummings does not give instructions: UK negotiator

 "The Brexit policy is set by the Prime Minister and by the committee so I'm quite confident that whatever the arran

Published 27 May, 2020 01:06pm

Europe

UK govt in talks with companies about additional customs declarations: Gove

 "We are conducting work with (business) to determine exactly how many additional customs declarations may be requir

Published 27 May, 2020 01:04pm

Europe

France's Macron: need to act quickly on EU'S 750bn euro recovery plan

 "We need to proceed quickly and adopt an ambitious agreement with all of our European partners," he added.

Published 27 May, 2020 01:01pm

Trump threatens to shutter social media companies after Twitter warning

 Trump, without offering any evidence, reiterated his accusations of political bias by such technology platforms.

Published 27 May, 2020 12:23pm

Asia

China aviation authority may consider increasing international flights if risks under control

 The Civil Aviation Administration of China (CAAC) has since March drastically reduced the number of international f

Published 27 May, 2020 11:47am

Europe

Russia reports 161 new coronavirus deaths

 Officials reported 8,338 new cases on Wednesday, pushing Russia's overall case tally to 370,680.

MOSCOW: Russ

Published 27 May, 2020 11:44am

Europe

Finland unemployment nearly doubles in April from year ago, ministry says

 The number of jobseekers increased by 124,000 in April from the previous month, it said. 
 The ministry's number

Published 27 May, 2020 11:27am

Asia

Taiwan president pledges humanitarian relief for Hong Kongers

 Hong Kong's demonstrators have won widespread sympathy in democratic Taiwan, which China considers as its territory

Published 27 May, 2020 11:04am

Asia

Malaysia reports 15 new coronavirus cases with no new deaths

KUALA LUMPUR: Malaysian health authorities on Wednesday reported 15 new coronavirus cases, raising the cumulative total

Published 27 May, 2020 11:01am

Europe

Italy PM meeting coalition allies on Atlantia concession

 The two sources, asking not to be named because of the sensitivity of the matter, said the coalition meeting was sc

Published 27 May, 2020 10:36am

Europe

EU exec to propose 1.1 trillion budget for bloc in 2021-27

BRUSSELS: The European Union's executive will propose later on Wednesday that the bloc's joint budget for 2021-27 amount

Published 27 May, 2020 10:25am

Asia

Japan approves fresh $1.1 trillion stimulus to combat pandemic pain

 The record stimulus of 117 trillion yen, which will be funded partly by a second extra budget, followed another 117

Published 27 May, 2020 10:20am

U.N. warns of global mental health crisis due to COVID-19 pandemic

 Emerging studies and surveys are already showing COVID-19’s impact on mental health globally. 
 Psychologists sa

Published 27 May, 2020 06:35am

North America

Pentagon's deputy inspector general resigns; latest in watchdog role to depart

 Most recently the State Department’s inspector general, Steve Linick, was fired. That ousting prompted heavy critic

Published 27 May, 2020 06:26am

WHO expects hydroxychloroquine safety findings by mid-June

 U.S. President Donald Trump and others have pushed hydroxychloroquine as a coronavirus treatment.

ZURICH: The

Published 27 May, 2020 06:12am

World needs 'green recovery', health pros tell G20 leaders

Trillions of dollars, euros and yuan pouring into post-pandemic economies must build a "healthy and green recovery", 200 medical groups representing 40 million health professionals worldwide told G20 leaders Tuesday in an open letter.