Fed slashes rates, global central banks coordinate to cushion coronavirus blow

The U.S. Federal Reserve and global central banks moved aggressively on Sunday to buttress a world economy unraveling rapidly amid the coronavirus pandemic, with the Fed slashing interest rates to near zero, pledging hundreds of billions of dollars in asset purchases and backstopping foreign authorities with the offer of cheap dollar financing. The coordinated global […]

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U.S. Representative Tulsi Gabbard ends Democratic presidential bid, endorses Biden

Representative Tulsi Gabbard, an Iraq War veteran who campaigned to end “forever wars,” dropped her long-shot bid for the 2020 Democratic presidential nomination on Thursday and endorsed front-runner Joe Biden in a video posted to Twitter. “Although I may not agree with the vice president on every issue, I know that he has a good […]

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UK government scientists publish evidence on COVID-19 evolution

British government emergency response scientists published the evidence on their understanding of COVID-19 evolution on Friday. “The Scientific Advisory Group for Emergencies (SAGE) has been providing ministers and officials with free and frank advice throughout,” they said. “This is an incredibly fast-moving, developing situation and as part of our collective efforts to give the clearest […]

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SBP’s rate cut will not help improve economy: Hafeez Pasha

Former financing minister Dr Hafeez Pasha has stated the State Bank of Pakistan (SBP) has not cut the policy rate keeping in view the nation’s real financial circumstance and the coronavirus crisis. He stated it appeared that the main bank’s focus to improve bad financial outlook of the nation was even below acceptable, as its […]

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Iran’s death toll from coronavirus reaches 724, says health official

Iran stated on Sunday that the brand-new coronavirus has actually eliminated 113 individuals in the past 24 hours, raising the nation‘s death toll to 724, a health ministry official tweeted, including that the variety of contaminated individuals had actually reached 13,938 The brand-new figures were tweeted by Alireza Vahabzadeh, a consultant to Iran’s health minister. […]

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India suspends domestic soccer and cricket over coronavirus outbreak

India suspended domestic soccer till the end of this month while domestic cricket was postponed indefinitely due to the coronavirus on Saturday. The All India Football Federation (AIFF) stated in a declaration that, following the Ministry of Health and state government-level suggestions, “all footballing activities under the aegis of AIFF stay suspended till March 31”. […]

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Fauci says U.S. has 2,226 coronavirus cases but hasn’t yet ‘reached peak’ of outbreak

Dr. Anthony Fauci, head of National Institute of Allergy and Infectious Diseases, speaks during a press briefing held by U.S. President Donald Trump with members of the Coronavirus Task Force at the White House in Washington, U.S., March 14, 2020. The leading U.S. contagious illness professional stated on Saturday that the nation has recorded 2,226 […]

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India shuts malls in Mumbai, bars in Bengaluru after coronavirus death

2 Indian states bought the closure of public buildings, malls, movie theaters and bars in a number of significant cities on Friday, with Mumbai and Bengaluru based on varying limitations, after the nation reported its first death from the coronavirus. With simply 74 verified cases of the infection and a single death, India, a nation […]

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