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Decade of US growth ends as Fed warns of more virus hardship ahead
Apr 30, 2020 02:56The coronavirus pandemic ended a decade of US economic expansion, but the Federal Reserve pledged Wednesday to use every tool it has to help fuel a recovery.
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Germany's economy to suffer biggest slump this year, govt. warns
Apr 30, 2020 00:35The German government has warned that the country's economy is expected to suffer the biggest slump of its history this year over the COVID-19 crisis.
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Rouhani, Imran Khan call for more trade ties as Pakistan PM blasts US sanctions on Iran
Apr 29, 2020 14:42President Hassan Rouhani and Pakistani Prime Minister Imran Khan have called for the further expansion of bilateral ties, especially trade cooperation.
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India records highest daily jump in coronavirus deaths
Apr 29, 2020 12:26India has seen its highest jump in deaths related to the novel coronavirus in a 24-hour period following its highest daily increase, the Health Ministry says.
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Boeing to cut workforce by 10% and reduce 787 production due to pandemic
Apr 29, 2020 12:23Boeing Co (BA.N) said on Wednesday it would cut its workforce by about 10% and further reduce 787 Dreamliner production after reporting a loss for the second straight quarter as the coronavirus pandemic hits global travel demand.
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US economy contracted most since Great Recession over coronavirus
Apr 29, 2020 08:40The US economy contracted in the first quarter at its sharpest pace since the Great Recession as businesses across the country shut down and laid off tens of millions of workers to slow the spread of the coronavirus pandemic.
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Tensions rise between China, Australia over call for coronavirus probe
Apr 29, 2020 07:19China has blasted Australia’s Prime Minister Scott Morrison for attempting to blame Beijing for the coronavirus pandemic by pushing for an “independent inquiry” into its origins.
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Israel did worst job of all in confronting COVID-19
Apr 29, 2020 05:16With Israeli regime completely neglecting millions of Palestinians in its response to the novel coronavirus’ pandemic, one can only draw the conclusion that it has effectively done the worst job of all at dealing with the outbreak. To put it in perspective, this sort of reaction to the outbreak amongst Palestinians and its continued brutalization of Palestinians, could amount to its acting as accessory to genocide if the virus mutated and began to have a much higher kill rate.
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Disinfectant riff is latest of many Trump science clashes
Apr 29, 2020 05:11Recently, US President Donald Trump raised the idea of injections of disinfectant to fight the coronavirus, which health officials warned would be dangerous. The president later claimed he was being sarcastic, although the transcript of his remarks suggests otherwise. Trump also suggested ultraviolet light, even internal light, could be a possible preventative measure, contrary to scientific advice.
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IRGC Navy chief: Regional states can join hands, evict outsiders
Apr 29, 2020 04:50Commander of the Islamic Revolution Guards Corps’ Navy Rear Admiral Ali Reza Tangsiri said regional security should be ensured by regional countries, which he said can force aliens out of the region through cooperation.