Thursday, October 21, 2021

U.S. Senate passes $2 trillion bill for ‘strange and evil’ coronavirus crisis

The U.S. Capitol Building as seen ahead of a vote on the coronavirus (COVID-19) relief bill on Capitol Hill in Washington, U.S., March 25, 2020. REUTERS/Tom Brenner

Washington, March 26 (Reuters) - The U.S. Senate on Wednesday unanimously backed a $2 trillion bill aimed at helping unemployed workers and industries hurt by the coronavirus epidemic, as well as providing billions of dollars to buy urgently needed medical equipment. After bitter negotiations, the deeply divided Senate came together and passed the bill by a 96-0 vote, which sent...

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Stunned world grapples with ‘once-in-100-year’ coronavirus battle

An empty shopping street is seen during the spread of coronavirus disease (COVID-19) in Berlin, Germany, March 18, 2020. REUTERS/Fabrizio Bensch

March 18 (Reuters) - Hundreds of millions of people worldwide were adjusting on Wednesday to once-in-a-generation measures to battle the coronavirus crisis that is not only killing the old and vulnerable but also threatening prolonged economic misery. The fast-spreading disease that jumped from animals to humans in China has now infected about 200,000 people and caused nearly 8,500 deaths in...

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Malaysia travel ban, virus pushes Singapore closer to first recession in two decades

A view of new cars parked at Tanjong Pagar Container Terminal in Singapore March 9, 2020. REUTERS/Edgar Su/File Photo

Singapore, March 18 (Reuters) - Singapore is edging towards its first full-year recession in nearly two decades as neighboring Malaysia’s travel ban cuts off a key source of labor and the coronavirus pandemic hits the economy, firming the case for the central bank to loosen policy. The Southeast Asian nation has been widely praised for its response to the outbreak, but...

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