XI STRESSES KEY ROLE OF G20 Members of the G20 should enhance their coordination in macroeconomic policies to prevent a global recession resulting from the novel coronavirus outbreak, President Xi Jinping said on Thursday. Xi made the remark while delivering a speech during the G20
3.3 MILLION AMERICANS APPLY FOR UNEMPLOYMENT More than 3 million people filed for unemployment benefits last week, sending a collective shudder throughout the economy that is unlike anything Americans have experienced. The report, released by the Labor Department on Thursday, provides so
GOV'T PREPARES TO EXHAUST FISCAL LEEWAY, POLITICAL CAPITAL IN DUTERTE'S 'YOLANDA MOMENT' MANILA — A decade of fiscal discipline and record popularity are now being put to good use by President Duterte vowing to do whatever it takes to sufficiently counter the coronavirus disease-2019
FM SITHARAMAN ANNOUNCES PACKAGE WORTH RS 1, 70,000 CRORE FOR POOR The government on Thursday announced a Rs 1, 70,000 crore package for the Next three months for the vulnerable sections of the population. Bundled under the PM Gareeb Kalyan Scheme, the Covid relief package Comprises cash
PRESIDENT CONTINUES WITH BUSY DIPLOMATIC AGENDA President Xi Jinping said on Wednesday that China is willing to bolster coordination and cooperation with all other nations to send a message of solidarity and unity in fighting COVID-19 and to shore up global confidence. Xi made the remark i
WHITE HOUSE, US CONGRESS AGREE ON $2 TRILLION RESCUE BILL The White House and Senate leaders of both major political parties announced agreement early Wednesday on unprecedented emergency legislation to rush sweeping aid to businesses, workers and a health care system slammed by the coro
PHILIPPINES HAS ECONOMIC 'FIREPOWER' TO FIGHT CORONAVIRUS, SAYS IMF MANILA -- The Philippines has the economic "firepower" to fight the coronavirus pandemic and can draw from the International Monetary Fund's emergency financing, the Washington-based lender said Thursday. Manila has high
GOVERNMENT STEPS IN AFTER RETAILERS AND E-COMMERCE PLAYERS STOPPED As the 21-day nationwide lockdown kicked in Wednesday, confusion prevailed among local authorities and police over exemptions, causing major disruptions in last-mile supply of food and grocery items, which are part of ess
XI TO ATTEND VIRTUAL G20 SUMMIT ON CORONAVIRUS President Xi Jinping will attend in Beijing on Thursday an extraordinary virtual G20 leaders' summit on coping with the novel coronavirus, Foreign Ministry spokeswoman Hua Chunying announced on Wednesday.
WORLD ON LOCKDOWN: BUSINESS ACTIVITY COLLAPSES AT RECORD PACE Business activity has collapsed from Australia and Japan to Western Europe at a record pace, as measures to contain the coronavirus hammer the world economy, with data for the United States later on Tuesday expected to be just
