• Coronavirus plunges world economy into brutal recession

    Coronavirus plunges world economy into brutal recession

    Measures imposed to slow the spread of the coronavirus are pushing the world economy into a recession deeper and more painful than initially expected, even if a rebound is still on the cards for next year. A week before the International Monetary Fund updates its forecasts for the global economy that will take into account the initial damage incurred since the coronavirus emerged in China at the start of the year, the first sets of data are coming in.

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  • Bernie Sanders ending presidential run

    Bernie Sanders ending presidential run

    Bernie Sanders is ending his second bid for the presidency, the campaign staff was informed on a conference call Wednesday morning, according to campaign sources. Sanders then told supporters in a live stream that the decision to end his campaign was "very difficult and painful", and acknowledged some of his supporters would have wished him to fight until the last state contest.

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  • Spain envisages gradual return to normal life after 26 April

    Spain envisages gradual return to normal life after 26 April

    Spain, which has been under a lockdown since 15 March, would slowly see life return to normal by the end of the month, news wires reported. Finance minister and government spokeswoman Maria Jesus Montero said some social distancing measures put in place to curtail the spread of the novel coronavirus could begin to be lifted after 26 April, when the country's state of emergency is set to expire.

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  • Obesity considered as major Covid-19 risk factor

    Obesity considered as major Covid-19 risk factor

    Being overweight is a major risk for people infected with the new coronavirus, according to France’s chief epidemiologist. Prof Jean-François Delfraissy, who heads the scientific council that advises the government on the epidemic, said as many as 17 million French citizens were seriously at risk from the coronavirus because of age, pre-existing illness or obesity.

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  • Croatia seeks €9bn to combat coronavirus crisis

    Croatia seeks €9bn to combat coronavirus crisis

    Croatia will need about 70 billion kuna (€9.2bn) in the next few months to finance the measures it undertakes to combat the crisis caused by the coronavirus pandemic, Finance Minister Zdravko Maric said on Wednesday cited by Reuters. The government has already introduced some measures to help the economy, including writing off tax obligations or deferring of tax payments over the next three months.

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