global recession
Nearly 1 in 5 US children left hungry since virus crisis: study
World
May 7, 2020
Nearly 1 in 5 US children left hungry since virus crisis: study
Nearly a fifth of young children in the United States are not getting enough to eat since the coronavirus pandemic…
Pandemic pushes some Iraqis, broken by conflict, into poverty
Middle East
May 6, 2020
Pandemic pushes some Iraqis, broken by conflict, into poverty
BAGHDAD (Reuters) — When shops and homes shutter at curfew, some Iraqis in this Baghdad district say it reminds them…
SABIC reports first-quarter loss, warns coronavirus could hit demand
Business
May 4, 2020
SABIC reports first-quarter loss, warns coronavirus could hit demand
(Reuters) — Saudi Basic Industries Corp, the world’s fourth-biggest petrochemicals firm, reported a net loss in the first quarter, citing…
Dubai Expo 2020 world’s fair postponed to October 1, 2021
Middle East
May 4, 2020
Dubai Expo 2020 world’s fair postponed to October 1, 2021
DUBAI, United Arab Emirates (AP) — Dubai’s Expo 2020 world’s fair will be postponed to Oct. 1, 2021, over the…
Lebanon restaurants partially reopen, face faltering economy
Middle East
May 4, 2020
Lebanon restaurants partially reopen, face faltering economy
BEIRUT (AP) — It’s not just a lifestyle, it’s a livelihood. That was the motto used by some of Lebanon’s…
South Africa starts easing coronavirus lockdown
World
May 1, 2020
South Africa starts easing coronavirus lockdown
South Africa began to gradually ease its strict coronavirus lockdown on Friday, allowing some industries to reopen after five weeks…
May Day marks pain, not celebration for workers hit by virus
World
May 1, 2020
May Day marks pain, not celebration for workers hit by virus
JAKARTA, Indonesia (AP) — May Day usually brings both protest rallies and celebrations rallies marking international Labor Day. This year,…
European economy suffers record drop amid pandemic
Economy
April 30, 2020
European economy suffers record drop amid pandemic
FRANKFURT, Germany (AP) — The European economy shrank by a record 3.8 percent in the first quarter as business activity…
Hopes turn to virus drug breakthrough as economies stumble
World
April 30, 2020
Hopes turn to virus drug breakthrough as economies stumble
The promise of an effective treatment against the coronavirus — an experimental drug that can speed the recovery of COVID-19…
US economy shrank at 4.8% rate last quarter as virus struck
World
April 29, 2020
US economy shrank at 4.8% rate last quarter as virus struck
WASHINGTON (AP) — The US economy shrank at a 4.8 percent annual rate last quarter as the coronavirus pandemic shut…