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World - 2020-07-14
US deficit soars amid pandemic relief payments
USA

US deficit soars amid pandemic relief payments

  • With outlays in June surging to $1.1 trillion and receipts falling, the funding gap in the first nine months of the current fiscal year soared 267 percent compared to a year earlier, hitting $2.74 trillion, Treasury said.
Published 14 Jul, 2020 01:21am
Sudan hands out cash to ease economic crunch
Africa

Sudan hands out cash to ease economic crunch

  • "The programme is based on supporting 80 percent of the country's population with direct cash support from the state," Essam Abbas, director of the finance ministry's digital transformation agency, told AFP.
Published 14 Jul, 2020 01:11am
Coronavirus toll at 1900 GMT Monday

Coronavirus toll at 1900 GMT Monday

  • China -- excluding Hong Kong and Macau -- has to date declared 83,602 cases (eight new since Sunday), including 4,634 deaths (0 new), and 78,648 recoveries.
Published 14 Jul, 2020 01:09am