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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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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Senate Republicans introduce new coronavirus bill

U.S. Senate Leader Mitch McConnell on Thursday presented a huge new legal package to combat the impacts of the coronavirus break out, stating Republicans would soon start negotiations with Democrats aimed at brokering an offer to pass it. McConnell stated the legislation would consist of direct financial assistance for Americans, relief for small companies and […]

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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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Jack Ma donates two million masks for coronavirus crisis in Europe

Chinese billionaire and Alibaba co-founder Jack Ma has vowed to contribute two million protective masks for distribution throughout Europe, with a first consignment arriving in Belgium late on Friday. A freight airplane packed with 500,000 masks and other medical products such as test packages landed at Liege Airport. The consignment will be sent out to […]

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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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Google says it is developing a nationwide coronavirus website

Alphabet’s Google stated on Saturday that it was dealing with the U.S. federal government to establish a nationwide website that would assist Americans with concerns about coronavirus signs, danger elements, and screening. “We are fully aligned and continue to work with the U.S. government to contain the spread of COVID-19, inform citizens, and protect the […]

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U.S. House passes coronavirus bill funding free tests, sick leave

The U.S. House passed a coronavirus help bundle early on Saturday that would supply free screening and paid sick leave, in a quote to restrict the financial damage from a pandemic that has actually shuttered schools, sports arenas, and workplaces. By a bipartisan vote of 363 to 40, the Democratic-controlled House passed a multi-billion-dollar effort […]

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