IMF, World Bank call for suspending debt payments

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The International Monetary Fund and World Bank on Wednesday called for governments to put a hold on debt payments from the world's poorest nations so they can battle the coronavirus pandemic. "The World Bank Group and the IMF believe it is…

UAE, UK sign MoU on transit flights for British citizens

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As part of the UAE's efforts to intensify international cooperation amid COVID 19 pandemic, the UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) and the United Kingdom's Foreign and Commonwealth Office signed a Memorandum…

Quibi claims to transform entertainment

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Quibi, the multi-billion-dollar streaming platform launching, is betting it can transform entertainment with short, Hollywood-quality clips to watch "on the go" -- even as much of the world is trapped at home. Industry legends and stars from…

WHO warns Middle East must act quickly to contain coronavirus

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Middle Eastern governments must act quickly to limit the spread of the coronavirus as cases in the region have risen to nearly 60,000 - almost double the tally of a week earlier, the World Health Organization (WHO) warned. "New cases have…

Coronavirus cases in US go past 300,000

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The number of coronavirus cases in the United States has exceeded 300,000, while the death toll passed 8,100. New York state's coronavirus toll has risen at a devastating pace to 3,565 deaths, up from 2,935 the previous day, the largest 24-hour…

Virus fears keep pressure on Asian stocks

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As the number of new coronavirus cases and deaths jumped to new highs around the world on Thursday, investors in most larger Asian stock markets headed for the exits again, sending key indices lower. The rising death toll coupled with a grim…

China mourns Covid-19 victims with three-minute silence

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China has mourned the victims of the coronavirus outbreak by observing a three-minute silence, bringing the nation to a halt. A day of remembrance was declared in China to honour the more than 3,300 people who died of Covid-19. At 10:00…

Developing countries face economic collapse in COVID-19 fight: UN

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The coronavirus outbreak threatens to disproportionately devastate the economies of already impoverished countries as they gear up to tackle a health crisis with extremely limited resources, the United Nations Development Programme (UNDP) has…

BA expected to suspend 36,000 staff

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British Airways is expected to announce it will suspend around 36,000 staff. The airline, which grounded much of its fleet due to the coronavirus crisis, has been negotiating with the Unite union for more than a week. The two sides have…

Saudi Arabia asks Muslims to delay Hajj bookings

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Saudi Arabia has asked Muslims planning to take part in the Hajj pilgrimage to delay booking amid uncertainty over the coronavirus pandemic. Hajj Minister Mohammed Banten said the kingdom was concerned about the safety of pilgrims and urged…

Scientists begin tests on two possible vaccines

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Scientists in Australia have begun testing two potential coronavirus vaccines in "milestone" lab trials. The vaccines, made by Oxford University and US company Inovio Pharmaceutical, have been cleared for animal testing by the World Health…

Grand Imam of Al Azhar urges nations to share responsibility to combat COVID-19

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(Cairo) - Dr. Ahmad Al Tayyeb, Grand Imam of Al Azhar Al Sharif, has expressed Al Azhar’s solidarity with the nations and people facing the coronavirus, COVID-19, urging countries to share the responsibility of combating the pandemic. In…

Mohamed bin Zayed, Grand Imam of Al Azhar review global fight against corona

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(Abu Dhabi) - His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, discussed with the Grand Imam of Al Azhar Dr Ahmed Al Tayeb the prospects of promoting the values…

Coronavirus: Millions will be left in poverty, World Bank warns

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The financial impact of coronavirus will stop almost 24 million people from escaping poverty in East Asia and the Pacific, according to the World Bank. It says “significant economic pain seems unavoidable in all countries”. The World…