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Lebanon stumbles to reform while crisis worsens

Lebanon is struggling to take its first steps out of a deep financial crisis, with hopes of reforms getting under way shaken by what government critics say is a sectarian carve-up of state jobs th

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Australians struggle with exercise, wellbeing during coronavirus lockdown: survey

Australians have struggled with their diet, wellbeing and exercise during the coronavirus lockdown, a survey has revealed. The survey of nearly 4,000 Australians published by the Commonwealth Scient

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Pope Francis urges aid to migrants and end to Libya fighting

Pope Francis on Sunday urged political and military leaders in Libya to end their hostilities and called on the international community to take “to heart” the plight of

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S.Korea expected to face worse export conditions from COVID-19: c.bank

South Korea is expected to face worse export conditions from the COVID-19 outbreak across the world, the country's central bank said Thursday. The Bank of Korea (BOK)

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Boeing supplier Spirit announces layoffs due to virus, 737 MAX impacts

Aircraft parts maker Spirit AeroSystems Holdings Inc announced on Wednesday a 21-day layoff for staff doing production and support work for Boeing Co's 737 program.Spirit, which makes the 737 fuselag

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Super Virus – COVID-19: How we got here

The novel coronavirus has so far claimed over 400,000 lives worldwide. No one knows how dangerous the virus really is and how long the pandemic will last.To present readers with a clear picture of ho

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Japanese key index of business conditions in April drops to lowest

The Japanese government maintained its assessment on Fridaythat the economy in April had "worsened," with its index of business conditions dropping to the lowest level since record keeping began.A

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Massive US protests raise fears of new virus outbreaks

The mayor of Atlanta, one of dozens of U.S. cities hit by massive protests in recent days, has a message for demonstrators: “If you were out protesting last night, you

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Renault to restructure factories and make worldwide job cuts

Workers gather as up to 4,600 French jobs are to be cut after car manufacturer Renault announced cost-saving measures. /Geoffroy van der Hasselt/AFP Renault says 15,000 jobs are being cut worl

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Former judge highlights necessity of national security legislation in Hong Kong

Henry Litton, a former judge of the Court of Final Appeal of China's Hong Kong Special Administrative Region (SAR), has highlighted the necessity of introducing nation

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US layoffs climb to 41 million, despite business reopenings

An estimated 2.1 million Americans applied for unemployment benefits last week despite the gradual reopening of businesses around the country, bringing the running tota

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Boeing cutting more than 12,000 U.S. jobs, thousands more planned

Boeing said on Wednesday it was eliminating more than 12,000 U.S. jobs, including 6,770 involuntary layoffs, as the largest American planemaker restructures in the face of the coronavirus pandemic

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IMF warns banks to struggle for profitability through 2025

The International Monetary Fund (IMF) said in a report on Friday that the COVID-19 pandemic has exposed and worsened pre-existing financial vulnerabilities, noting that profitability will be a persis

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Hungarian hospital sends 80-year-old home to free-up beds

Lilla Szeleczki' s mother is an 80-year-old with dementia, chronic pneumonia and a kidney tumor and was sent home from hospital. /CGTN Europe As Budapest, the epicenter of the COVID-19 crisis

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Turkey expands lira swap facility with Qatar in $10bn deal

The lira hit a record low of 7.49 to the dollar earlier this month. /VCG Qatar has thrown a lifeline to the COVID-19-hit Turkish economy by agreeing to increase its currency swap facility.The

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Roundup: World leaders call for unity, stronger role for WHO in fighting COVID-19

The world must be united and the irreplaceable World Health Organization (WHO) should play a stronger role in the fight against the COVID-19 crisis, said world leaders

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Japan Q1 GDP shrinks 3.4% annualized

Japan's economy contracted at an annualized rate of 3.4 percent in January-March, government data showed on Monday, meeting the technical definition of a recession – the first since the second hal