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US mulls paying companies, tax breaks to pull supply chains from China: Report
May 18, 2020 09:53US lawmakers and officials are drawing up proposals aimed at encouraging American companies to move operations or major suppliers out of China.
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Over 95,000 coronavirus patients recover in Iran
May 18, 2020 09:01The death toll from the novel coronavirus in Iran surpassed 7,000 on Monday, while more than 95,000 positive cases have recovered from the disease.
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VP urges development of digital economy in Iran
May 18, 2020 07:54Iranian First Vice President Eshaq Jahangiri called for plans to develop the infrastructures for digital economy in the country, highlighting the role that the Ministry of Information and Communications Technology plays in working towards that goal.
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US facing severe economic downturn: Federal Reserve chairman
May 18, 2020 03:45The US is facing a severe economic downturn amid the global pandemic, but will not suffer another Great Depression and will see a recovery begin later this year, Federal Reserve Chair Jerome Powell said Sunday.
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Almost 2 out of 3 UK workers three months away from rent or mortgage default: Study
May 18, 2020 01:40As many as 6 million people in Britain fear losing their job within six months as the coronavirus outbreak causes the biggest economic shock in living memory, a study has warned.
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Japan slips into recession, slump set to worsen as pandemic wreaks havoc
May 18, 2020 01:37Japan’s economy slipped into recession for the first time in 4-1/2 years, putting the nation on course for its deepest postwar slump as the coronavirus crisis ravages businesses and consumers.
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‘Grossly incompetent:’ Trump responds to Obama’s covid-19 criticism
May 18, 2020 01:28US President Donald Trump has attacked his predecessor, Barack Obama, over the criticism of his administration’s response to the coronavirus pandemic.
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Leader: Americans support terrorists, will be expelled from Syria and Iraq
May 17, 2020 15:47Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says due to its support for terrorists, the US is hated in most parts of the world and will be soon expelled from Syria and Iraq, where it is illegally present in the region.
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Obama attacks Trump for his administration's virus response
May 17, 2020 05:42Former US President Barack Obama has criticized the Trump administration for mishandling the coronavirus crisis, saying the pandemic has shown many officials "aren't even pretending to be in charge."
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WHO scientist says children ‘seem less capable of spreading virus’
May 17, 2020 11:40The World Health Organisation (WHO) said on Sunday, May 17, that children are less capable of spreading COVID-19 and are at low risk of getting ill from the disease itself.