WASHINGTON (Reuters) – The coronavirus pandemic has caused more extensive and profound damage to economic activity than previously thought, the International Monetary Fund said Wednesday, prompting the institution to further cut its global output forecasts by 2020. The IMF said it now expects 2020 global output to shrink by 4.9%, …
Read More »New York, New Jersey and Connecticut impose 14-day quarantine on travelers to critical states of coronavirus
New York Governor Andrew Cuomo speaks during the daily press conference at the New York State Governor’s Office on June 12, 2020 in New York City. Jeenah Moon | fake pictures Travelers arriving in New York, New Jersey and Connecticut from regions with high rates of Covid-19 infection will be …
Read More »Beware of the buyer: SEC warns investors to avoid fraud and scams related to coronavirus
The United States Securities and Exchange Commission urges investors to beware of coronavirus pandemic scams and to carefully consider claims related to treatments, therapies and equipment that promise great returns for investors. The virus that has sickened more than 2.3 million Americans has also attracted bad actors seeking to profit …
Read More »Coronavirus increases in Latin America as deaths exceed 100,000
MEXICO CITY (Reuters) – The death toll in Latin America from the coronavirus pandemic surpassed 100,000 on Tuesday, according to a Reuters count, with little sign that the outbreak is easing in a region marked by crowded cities and high levels of poverty. FILE PHOTO: The faithful of the Afro-Brazilian …
Read More »Putin raises taxes for wealthy Russians before voting on his rule
Russia’s President Vladimir Putin delivers a televised address to the nation in Moscow, Russia on June 23, 2020. Sputnik / Alexei Nikolsky / Kremlin via REUTERS MOSCOW (Reuters) – President Vladimir Putin raised the income tax for wealthy Russians and offered new state benefits to families with children on Tuesday, …
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