SINGAPORE (Reuters) – Singapore’s trade-dependent economy fell into recession in the second quarter with a record contraction, signaling a global first semester globally and an equally challenging outlook as the coronavirus crisis comes at a high cost in business and demand. Gross Domestic Product (GDP) fell a record 41.2% in …
Read More »‘Let’s go’: UK tells companies to prepare for the Brexit crisis
LONDON (Reuters) – Britain urges businesses and individuals to prepare for the end of the Dec. 31 Brexit transition period with an information campaign titled: “The UK’s New Beginning: Let’s Move Forward.” FILE PHOTO: The EU flag is placed on broken glass and the British flag in this illustrated image …
Read More »New security law begins to break Hong Kong’s pro-democracy economy
HONG KONG (Reuters) – As soon as Hong Kong’s new national security law went into effect last week, Ivan Ng removed all protest-themed paintings, posters and flags from the list of items for sale at his print shop. Onestep. FILE PHOTO: Memo documents with protest slogans are seen outside a …
Read More »Britain’s first sanctions target Russians, Saudis
FILE PHOTO: Britain’s Foreign Secretary Dominic Raab reacts when he makes a statement on Hong Kong’s national security legislation in London, Britain, on July 1, 2020. REUTERS / Hannah McKay LONDON (Reuters) – Britain’s first sanctions will target 25 Russian citizens who it says were involved in the mistreatment and …
Read More »Greek Prime Minister says he will not accept strict EU conditions on COVID-19 – FT aid
FILE PHOTO: Greek Prime Minister Kyriakos Mitsotakis announces the national curfew as a precaution against the spread of the coronavirus disease (COVID-19), at the Maximos mansion in Athens, Greece, on March 22, 2020. Greek Prime Minister’s Office / Dimitris Papamitsos / Brochure via REUTERS (Reuters) – Greece will not accept …
Read More »