Tag: COVID-19

• Friday, May 15th 2020 - 08:04 UTC

  Massive €18 billion support for France's tourism sector, “rescuing it is a national priority”

  

  France announced measures worth €18 billion (US$19 billion) to support its tourism sector, which has been hammered by the COVID-19 crisis and resulting shutdown in beaches, leisure attractions, and hotels.

• Friday, May 15th 2020 - 07:51 UTC

  China's industrial output in April returned to growth but retail sales remained weak

  

  China's industrial output returned to growth for the first time this year in April, official data showed on Friday, as the country continued its gradual recovery after the coronavirus brought activity to a near-halt.

• Friday, May 15th 2020 - 07:46 UTC

  Trump mobilizing the military to distribute a coronavirus vaccine when available

  

  President Donald Trump is mobilizing the U.S. military to distribute a novel coronavirus vaccine when one becomes available and will focus first on older Americans.

• Friday, May 15th 2020 - 07:40 UTC

  WTO chief to step down in September: plenty of time to agree on a successor next year

  

  The World Trade Organization chief announced on Thursday he will step down on August 31, a year before his term ends, despite the COVID-19 pandemic ravaging the global economy. Brazil's Roberto Azevedo said it had been a “personal decision” reached with his family, and stressed that he was not leaving to pursue “political opportunities”.

• Thursday, May 14th 2020 - 08:59 UTC

  Chile orders total quarantine for Santiago's population following a virus peak of infections

  

  Chile ordered a mandatory total quarantine for the capital Santiago's seven million people on Wednesday, after authorities reported a 60% spike in coronavirus infections in 24 hours, dealing a stunning blow to hopes the economy would soon reopen.

• Thursday, May 14th 2020 - 08:57 UTC

  World will have to learn to live with Covid-19, warns World Health Organization

  

  The new coronavirus may never go away and populations around the world will have to learn to live with it, the World Health Organization warned on Wednesday. As some countries around the world begin gradually easing lockdown restrictions imposed in a bid to stop the novel coronavirus from spreading, the WHO said it may never be wiped out entirely.

• Thursday, May 14th 2020 - 08:50 UTC

  Fewer remittances because of Covid-19 will hit hard Central and Latin America

  

  Remittances—the money that immigrants working abroad send home to families on a regular basis—have become a major source of funding for developing countries. In 2019, total global remittances exceeded US$550 billion, putting them on a par with levels achieved by foreign direct investment.

• Thursday, May 14th 2020 - 08:08 UTC

  Britain's economy shrank 2% in the first quarter and 5.8% in March

  

  Britain's economy shrank 2% in the first three months of the year, rocked by the fallout from the COVID-19 pandemic, official data showed on Wednesday, with analysts predicting even worse to come.

• Thursday, May 14th 2020 - 08:00 UTC

  US Senate votes financial support for local newspapers and broadcast outlets

  

  Thousands of local US newspapers and broadcast outlets, grappling with a massive downturn in advertising because of the Covid-19 pandemic, would be eligible for financial help under legislation introduced in Congress on Wednesday.

• Thursday, May 14th 2020 - 07:50 UTC

  US accuses Chinese hackers of attempting to steal coronavirus data on vaccines

  

  US authorities warned on Wednesday that Chinese hackers were attempting to steal coronavirus data on treatments and vaccines, adding fuel to Washington's war with Beijing over the pandemic.