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South Africa's economy contracts by 51 percent in Q2

Gross domestic product in South Africa shrank by more than half from April to June compared with a year earlier, battered by the impact of the coronavirus pandemic, the country's statistics agency sa

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Israel accelerates move to implement annexation plan: Palestinian official

A senior Palestinian official said on Tuesday that Israel is accelerating its move to implement the plan of annexing parts of the West Bank. Walid Assaf, head of the National Commission to Resist the

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The impact of COVID-19 on Latin American governments and economies

02:29 The two largest economies in Latin America, Brazil and Mexico, are among the four nations hardest hit by COVID-19 in the world. Many other Latin American democracies are facing u

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Canadian Opposition Leader Calls on Trudeau, Morneau to Resign Over WE Scandal

Canada’s opposition leader Andrew Scheer on Friday called on Prime Minister Justin Trudeau and Finance Minister Bill Morneau to resign amid the ongoing WE Charity scand

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World can still learn from China's successes in curbing COVID-19 outbreak: The Lancet

China has largely controlled COVID-19, and the rest of the world can still learn from China's successes in bringing its outbreak under control, according to the latest editorial by medical journal

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UAE says "communication established" with 1st Mars orbiter

The United Arab Emirates (UAE) on Monday successfully launched its first Mars orbiter, the Hope Probe, said the UAE government. "The UAE marks history with an unprecedented space achievement for t

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Greek PM calls for deal on COVID stimulus, says EU cannot appear weak

Greek Prime Minister Kiriakos Mitsotakis said on Sunday he hoped the third day of EU leaders’ summit will manage to overcome differences and agree on a mass economic st

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Wells Fargo announces 2.4 bln U.S. dollars losses in Q2 amid pandemic

Major U.S. multinational bank Wells Fargo Company has reported a net loss of 2.4 billion U.S. dollars for the second quarter of 2020, compared with a net income of 6.2 billion dollars for the same pe

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Apple and Google block dozens of Chinese apps in India

Two days after India blocked 59 apps developed by Chinese firms, Google and Apple have started to comply with New Delhi’s order and are preventing users in the world’s second largest inter

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Espanyol motivated by performance since La Liga restart, says Wu Lei

Espanyol have been greatly inspired by their early performance and are building momentum since La Liga's restart, said the Barcelona outfit striker Wu Lei. Espanyol beat Alaves 2-0 on their return f

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CAAC leading industry's recovery: Boeing executive

China's homegrown C919 passenger jet taxis after landing on its maiden flight at the Pudong International Airport in Shanghai, China, May 5, 2017. /Reuters The Civil Aviation Administration of

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IOC to work with Beijing 2022 organizers through "peak to peak" approach from Tokyo to Beijing

The International Olympic Committee (IOC) will join hands with Beijing 2022 organizers in adopting a "peak to peak" approach from the Tokyo Games to the Beijing Games, which will be held only six mo

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Russian scholar praises China's achievements in poverty reduction

China has made a truly remarkable breakthrough in the fight against poverty and will certainly complete the building of a moderately prosperous society in all respects this year, a Russian scholar h

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IMF allocates additional 121 mln USD for Kyrgyzstan to fight COVID-19 pandemic

The Executive Board of the International Monetary Fund (IMF) approved 121.1 million U.S. dollars in emergency assistance under the Rapid Financing Instrument and Rapid Credit Facility for Kyrgyz

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Nigeria's booming local oil sector under siege

Nigeria has overseen a huge growth of locally-owned and managed companies in its oil sector - but lower prices and the new coronavirus are threatening the transformation./Reuters Nigeria's eco

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U.S. private hiring collapses in April, down 20.2 mln: ADP

More than 20.2 million U.S. private-sector jobs were destroyed in April, and that almost certainly underestimates the damage from the efforts to contain the novel coronavirus, payrolls firm ADP said

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World needs solidarity, cooperation more than ever amid pandemic challenge: Xi

The international community needs solidarity and cooperation more than ever in the face of the unprecedented pandemic challenge, Chinese President Xi Jinping said on Monday. Xi made the remarks durin