FILE PHOTO: Emir Sheikh Sabah al-Ahmad al-Jaber al-Sabah of Kuwait is seen during the Arab Summit in Mecca, Saudi Arabia, May 31, 2019. REUTERS / Hamad l Mohammed / File Photo KUWAIT (Reuters) – Kuwait’s ruler, Emir Sheikh Sabah al-Ahmad al-Sabah, 91, was admitted to the hospital on Saturday for …
Read More »G20 officials pledge to continue cooperating to boost global economy
RIAD / WASHINGTON (Reuters) – Finance officials from the Group of 20 major economies on Saturday pledged to continue to use “all available policy tools” to combat the coronavirus pandemic and strengthen the global economy, warning that the outlook remains highly uncertain . Saudi Finance Minister Mohammed al-Jadaan wears a …
Read More »China’s economy recovers after sharp decline, weak demand, US tensions increase risks
BEIJING (Reuters) – China’s economy grew again in the second quarter after a deep depression earlier in the year, but an unexpected weakness in domestic consumption underscored the need for more political support to boost recovery after the impact of the coronavirus crisis. Asian equity markets and the Chinese yuan …
Read More »Waves of viruses. Plateau working hours. America may be flattening the wrong curve
(Reuters) – The United States’ economic recovery showed signs of stagnation last week when the country struggled against rising coronavirus cases and an increasingly fractured government response, according to data from a broad set of industry sources and government. FILE PHOTO: A waitress takes customers’ temperatures when they come to …
Read More »Study Shows Americans Who Receive COVID-19 Unemployment Benefits Spend More Than They Work
FILE PHOTO: People line up outside the Kentucky Career Center before it opens to find help with their unemployment claims in Frankfort, Kentucky, USA, June 18, 2020. REUTERS / Bryan Woolston (Reuters) – Americans who received higher unemployment benefits due to the coronavirus pandemic spent more than when they worked, …
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