Indian Prime Minister Narendra Modi (L) speaks to Chinese President Xi Jingping during the BRICS meeting in Goa, India on October 16, 2016. Prakash Singh | AFP | fake pictures China’s Twitter-like service Weibo removed the account of Indian Prime Minister Narendra Modi at the request of the Indian embassy …
Read More »The unemployment rate in the euro area rises to 7.4% in May
A protester at the picket line wears a written helmet without layoffs during a demonstration in Spain. SOPA Images The unemployment rate in the euro zone reached 7.4% in May, as the region is dealing with the Covid-19 economic shock. It comes after several European economies took their first steps …
Read More »WHO warns that some countries may need to reset blockages as the coronavirus pandemic accelerates
Some countries with rapidly spreading coronavirus outbreaks may have to reset blockages and other restrictions to slow the spread of the virus, a senior World Health Organization official said on Wednesday. Countries like Spain and Italy managed to successfully delay serious outbreaks with a comprehensive public health strategy that mobilized …
Read More »Hope for vaccines and US data on the agenda
European shares traded higher on Thursday when world markets received a boost from news about the development of a possible coronavirus vaccine. The pan-European Stoxx 600 rose 1.3% mid-morning, with banks up 4% to lead gains as all sectors and major markets entered positive territory. European stocks are tracking global …
Read More »Stock futures rise after Nasdaq hits record to start Q3
Although the Dow Jones Industrial Average lagged behind with a modest loss on Wednesday, all three major indices are on track for sizable weekly gains. The S&P 500, Dow and Nasdaq Composite are up 3.5%, 2.8% and 4%, respectively, since Friday’s close. US markets will be closed on Friday for …
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