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The country whose economy may grow above 50% despite the pandemic

In the latest revised forecast for Latin America and the Caribbean by the leading multilateral financial institutions for 2020, the economy of just one nation is certain to grow this year.Guyana,

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Markets dragged down by abysmal retail sales and factory output

U.S. major stock indexes fell in Wednesday trading as new data from the Commerce Department and Federal Reserve indicated a collapse in manufacturing output and retail sales.However, the declines did

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Q&A: Apple and Google discuss their coronavirus tracing efforts

Last week, Apple and Google announced a partnership that will soon let users opt-in to a decentralized tracing tool, designed to help determine if a person has come into contact with someone who test

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Will Russian state budget survive the negative oil export price?

Editor's note: Djoomart Otorbaev is the former Prime Minister of the Kyrgyz Republic, Non-Resident Senior Fellow of Chongyang Institute for Financial Studies, Renmin University of China, and a mem

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Italian PM extends anti-coronavirus lockdown to April 13

Italy will remain under a nationwide anti-coronavirus lockdown until April 13, Prime Minister Giuseppe Conte said in a televised press conference on Wednesday evening.

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Wall Street rallies, led by healthcare jump

U.S. stocks rose on Monday, led in part by healthcare stocks as investors looked for shares that have become cheap and can withstand the impact to the economy from efforts to stem the spread of the c

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Economic crisis from coronavirus begins to bite in European football

The Red Bull Arena before the UEFA Champions League round of 16 match between RB Leipzig and Tottenham in Leipzig, Germany, March 10, 2020. /VCG Europe may be the financial powerhouse of globa

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Economic crisis from coronavirus begins to bite in European football

The Red Bull Arena before the UEFA Champions League round of 16 match between RB Leipzig and Tottenham in Leipzig, Germany, March 10, 2020. /VCG Europe may be the financial powerhouse of globa

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Spain "close to peak" of contagion as COVID-19 cases exceed 17,000

Spain is approaching the peak in the number of confirmed cases of COVID-19, the disease caused by coronavirus, the country's Minister for Health, Consumer Affairs and Social Services, Salvador Ill

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COVID-19 travel bans bleed European airlines

A number of European carriers are slashing routes, as passenger traffic crumbles. /John Thys/AFP The US flight ban on Europe did not stop scheduled flights from departing Brussels Airport in B

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President Trump declares emergency order to free funds and loosen regulations for healthcare facilities

In an announcement from the White House Friday afternoon, President Donald Trump said that he has announced an emergency declaration to free up more federal resources that states can access as they re

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Spotlight: European countries act to withstand economic shocks due to COVID-19

The European Union (EU) on Wednesday launched an investment initiative worth several billion euros to cushion the economic impact of COVID-19, while some members have

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IMF chief economist calls for targeted policies to limit COVID-19 economic fallout

The COVID-19 outbreak will have "a significant economic fallout," and "substantial targeted policies" are thus needed to support the economy through the epidemic, International Monetary Fund (IMF) c

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Mexico can withstand drop in oil prices: president

Mexican President Andres Manuel Lopez Obrador speaks during the morning press conference at National Palace, in Mexico City, March 9, 2020. (Xinhua/Str) The Mexican peso hit a low of 22.13 to the U.

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The earth, our shared homeland

For wildlife and humans, the earth is our shared homeland. This year's World Wildlife Day, on March 3, the theme is "sustaining all life on earth." The ongoing COVID-19 outbreak and many other epidem

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Novel coronavirus impact not to reverse growth of China's economy: Chinese state councilor

Chinese State Councilor and Foreign Minister Wang Yi said here on Thursday that the limited and short-term impact from the novel coronavirus (COVID-19) outbreak will not reverse the growth of China's

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Bloomberg to go face to face against rivals after ad blitz

For Mike Bloomberg, the one-way conversation with Democratic voters is about to end.By spending more than $400 million of his own money and largely bypassing his oppone