crisis

LONDON (Reuters) – British property funds are set to remain frozen for months as the market is impossible to value due to the coronavirus crisis, and some may need to change structure to survive, industry sources say. FILE PHOTO: Empty offices are seen as the spread of the coronavirus disease (COVID-19) continues, in London, Britain
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A volunteer prepares free lunch boxes for low-income communities during the coronavirus disease (COVID-19) outbreak in Bangkok, Thailand May 13, 2020. REUTERS/Soe Zeya Tun BANGKOK (Reuters) – Professional chefs on Wednesday started cooking up around 40,000 lunches in Thailand’s capital for communities affected by the coronavirus pandemic. Chef Hugs, a local charity, hired 200 chefs
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WASHINGTON (Reuters) – Massive fiscal stimulus measures adopted by governments around the world to combat the coronavirus pandemic must be tailored to tackle climate change at the same time, International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday. FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on
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BERLIN (Reuters) – Governments should focus on climate protection when considering fiscal stimulus packages to support an economic recovery from the coronavirus pandemic, German Chancellor Angela Merkel said on Tuesday. FILE PHOTO: German Chancellor Angela Merkel gives a media statement after a video conference of EU leaders on the spread of the new coronavirus disease
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WASHINGTON (Reuters) – U.S. President Donald Trump made a hardline immigration agenda central to his 2020 re-election campaign and his administration has pushed ahead with a wide-ranging crackdown even as the United States has become the epicenter of the novel coronavirus outbreak worldwide. U.S. President Donald Trump participates in a signing ceremony for the “Paycheck
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WASHINGTON (Reuters) – President Donald Trump on Wednesday ordered a temporary block on some foreigners from permanent residence in the United States, saying he wanted to protect American workers and jobs during the coronavirus pandemic. U.S. President Donald Trump addresses the daily coronavirus task force briefing at the White House in Washington, U.S., April 21,
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LONDON (Reuters) – Britain’s Prince Charles said on Wednesday the urgent global response to the coronavirus showed how the world could tackle climate change, and that recovery from the disease presented a chance to create a more sustainable future. FILE PHOTO: Britain’s Prince Charles and Camilla, Duchess of Cornwall attend the Commonwealth Reception at Marlborough
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LONDON (Reuters) – British Prime Minister Boris Johnson on Wednesday faced a call for an inquiry into his government’s handling of the coronavirus crisis after failing to fully explain partial death data, limited testing or the lack of equipment for hospitals. FILE PHOTO: Britain’s Prime Minister Boris Johnson waves as he leaves Downing Street, as
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WASHINGTON (Reuters) – President Donald Trump said on Tuesday he will issue an executive order to temporarily suspend immigration to the United States to protect U.S. workers amid the economic fallout from the coronavirus outbreak U.S. President Donald Trump answers questions during the daily coronavirus task force briefing at the White House in Washington, U.S.,
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(Reuters) – Texas Instruments Inc (TXN.O) on Tuesday reported better-than-expected results for the first quarter but forecast current-quarter revenue and profit largely below Wall Street estimates, as the chip industry braces for a big hit from the coronavirus outbreak. FILE PHOTO: A Texas Instruments Office is shown in San Diego, California, U.S., April 24, 2018.
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LONDON (Reuters) – Bitcoin has fared better than stocks but worse than gold and U.S. Treasuries during the coronavirus pandemic, with investors ascribing its performance to speculative bets and bids to hedge against inflation linked to stimulus measures. Enthusiasts have laid out numerous narratives for bitcoin as an investment proposition through its first 12 years
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PARIS (Reuters) – The coronavirus situation in France is improving “slowly but surely” and shortages of protective gear such as face masks are easing, Prime Minister Edouard Philippe said on Sunday, although he warned that the crisis was far from over. FILE PHOTO: French Prime Minister Edouard Philippe looks on during a session of questions
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NEW YORK (Reuters) – The U.S. coronavirus crisis took a sharp political turn on Friday as President Donald Trump lashed out at four Democratic governors over their handling of the pandemic after having conceded that states bear ultimate control of restrictions to contain the outbreak. The Republican president targeted three swing states critical to his
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LOS ANGELES (Reuters) – Sacred Heart Community Service thought it was prepared for the pain the growing COVID-19 pandemic would cause in San Jose, California. The nonprofit, which has long helped those struggling to pay rent or keep the lights on, rallied donors and helped set up an $11 million fund that would offer up
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