Washington: US Treasury Secretary Steven Mnuchin warned Republican senators on Tuesday that failure to act on a proposed coronavirus rescue package could lead to US unemployment as high as 20 per cent and lasting economic damage, a person familiar with the closed-door meeting said. Mnuchin met with senators to persuade them to pass a $1 […]
Sheikh Mohamed highlighted the precautionary measures the country has taken to contain the spread of the virus.
The regulator said it will take additional action, if necessary.
Washington: Faced with a growing economic shutdown from the global new coronavirus pandemic, the US Federal Reserve on Sunday announced drastic emergency measures to shore up confidence and keep the financial sector running, including slashing the key interest rate to virtually zero. The Fed made its second emergency rate cut in less than two weeks, […]
The European championship, due to be played in June and July this year, has been postponed until 2021 because of the More…
Wimbledon organisers are still planning to play the Grand Slam this year, despite the coronavirus chaos that led the More…
The Central Bank of the UAE has announced that the Money Supply Aggregate M3 edged up to circa AED1.694 trillion in More…
The Global Council for Tolerance and Peace has expressed its full support for the efforts of international and national More…
A horrified woman says her goldfish has grown into a flesh-eating monster. Alexandria Miller – from Chicago in the US – More…
This brings the number of diagnosed cases in the country to 113.