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World faces new 'Great Depression' as virus toll mounts

World faces new 'Great Depression' as virus toll mounts

BRUSSELS: World powers scrambled on Thursday to build a global response to the human tragedy and once-in-a-century economic catastrophe caused by the coronavirus epidemic, as death tolls in the US and Europe soared higher.

9 Apr 2020 5
Super spreader: A funeral, a birthday party and a trail of death

Super spreader: A funeral, a birthday party and a trail of death

WASHINGTON: Back in late February, when the US thought it had sealed itself off from the coronavirus, a Chicago resident with mild respiratory symptoms went to pay his respects at a funeral as a friend of the family.

9 Apr 2020 4

Australian police raid virus-hit cruise ship, seize 'black box'

SYDNEY: Australian police have raided the coronavirus-stricken Ruby Princess cruise ship and seized its black box, they said Thursday, as part of a criminal investigation after thousands of passengers were allowed to disembark in Sydney and 15 later died of the illness.

9 Apr 2020 2
Australian police raid virus-hit cruise ship, seize 'black box'
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20:05

World faces new 'Great Depression' as virus toll mounts

BRUSSELS: World powers scrambled on Thursday to build a global response to the human tragedy and once-in-a-century economic catastrophe caused by the coronavirus epidemic, as death tolls in the US and Europe soared higher.

20:05
World faces new 'Great Depression' as virus toll mounts
17:45

'Coronavirus ceasefire' in Yemen's long conflict begins

RIYADH - The Saudi-led coalition began a unilateral ceasefire in Yemen's long war Thursday, saying it hoped the initiative to prevent coronavirus in the impoverished country would lead to a wider political solution.

17:45
'Coronavirus ceasefire' in Yemen's long conflict begins
15:45

Asia virus latest: Australia raids cruise ship; Taiwan demands WHO apology

SINGAPORE: Here are the latest developments in Asia related to the novel coronavirus pandemic:

15:45 4
Asia virus latest: Australia raids cruise ship; Taiwan demands WHO apology
13:45

OPEC, allies consider output cut after price crash

LONDON - Top crude producers will on Thursday hold a crucial teleconference to discuss a possible cut in output after a collapse in demand caused by the coronavirus and a damaging Saudi-Russia price war caused a crash in the market.

13:45 1
OPEC, allies consider output cut after price crash
13:45

Taiwan demands apology from WHO chief over virus 'slander'

TAIPEI: Taiwan demanded an apology from the World Health Organization chief on Thursday after he accused the island's government of leading personal attacks against him and his agency's response to the coronavirus pandemic.

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Taiwan demands apology from WHO chief over virus 'slander'
11:45

Strays feel the bite as pandemic spreads

ATHENS - As coronavirus forces billions of people around the world into lockdown, another sizeable population has also been hard hit -- stray animals.

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Strays feel the bite as pandemic spreads
11:45

Disney+ streaming service hits 50 million users

SAN FRANCISCO - The Walt Disney Company on Wednesday said its television streaming service has already won 50 million paid subscribers just five months after its launch in the US.

11:45
Disney+ streaming service hits 50 million users
11:45

Singapore migrant workers live in fear as virus hits dorms

SINGAPORE: Migrant workers in Singapore are living in fear following a surge of coronavirus infections in their dormitories where they say cramped and filthy conditions make social distancing impossible.

11:45
Singapore migrant workers live in fear as virus hits dorms
10:45

Locked-down Spain celebrates Holy Week with music and humour

MADRID - In the week leading to Easter Sunday, hundreds of colourful processions featuring penitents in cone-shaped hoods and centuries-old religious floats traditionally flood the streets of villages and cities across Spain.

10:45
Locked-down Spain celebrates Holy Week with music and humour
10:45

Asian equities mostly rise as dealers eye slowing infection rate

HONG KONG: Asian markets were mostly in positive territory Thursday following another strong day for Wall Street as traders buy into optimism that the coronavirus crisis could be nearing its apex, while crude extended gains on hopes top producers will agree to a massive output cut.

10:45
Asian equities mostly rise as dealers eye slowing infection rate