Tag Archives: Eastern Europe

Stocks wear thin as coronavirus surge destroys hopes of recovery

SINGAPORE (Reuters) – Asian stocks posted their biggest decline in eight sessions, bonds rose and the US dollar held firm on Thursday due to growing cases of coronavirus in the United States and the International Monetary Fund’s downgrade to economic projections reduced confidence in a recovery. FILE PHOTO: Passers-by wearing …

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WHO warns of oxygen shortage as COVID cases exceed 10 million

GENEVA (Reuters) – The world is facing a shortage of oxygen concentrators as the number of global cases of coronavirus infection approaches the 10 million mark, the head of the World Health Organization said on Wednesday. FILE PHOTO: The Director General of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, …

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EU travel recommendations may prevent Americans and Russians

BRUSSELS (Reuters) – The European Union (EU) expects to reopen borders for strangers starting in July, but will review each nation’s COVID-19 situation every fortnight, according to diplomats and a document that sets criteria that could keep them away. Americans and Russians. FILE PHOTO: The Bridge of Sighs sees tourists …

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Dollar earnings from coronavirus, tariff concerns

NEW YORK (Reuters) – The dollar rose on Wednesday as a surge in coronavirus cases in the United States weighed in on optimism about a rapid economic recovery, and as the United States weighed tariffs on European products. FILE PHOTO: US dollar bills are seen in this image illustration from …

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