Pelosi announces select committee to oversee U.S. coronavirus relief

WASHINGTON (Reuters) – U.S. House of Representatives Speaker Nancy Pelosi said on Thursday she will form a bipartisan select committee on the coronavirus crisis to oversee the spending of $2.3 trillion that Congress has approved to respond to the pandemic. In a conference call with reporters, the Democratic House leader also said she believed the administration of Republican President Donald […]

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MPs review home visits amid coronavirus concerns

Long queues formed at the People’s Action Party’s (PAP) Nee Soon South branch at Block 850 Yishun Street 81 last night. But this is a common sight on Mondays at the centre where Nee Soon GRC MP Lee Bee Wah holds her Meet-the-People Session (MPS). Coronavirus or not, the number of residents seeking help has stayed constant at about 60 […]

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Coronavirus: Penticton cracks down on social-distancing rule breakers

The City of Penticton says it’s cracking down on people and businesses who don’t follow social-distancing rules, now that bylaw officers have new powers to enforce public health orders to fight the novel coronavirus pandemic.  From March 25 to Monday morning, bylaw officers responded to four complaints of businesses breaking an order, three complaints related to people at or inside […]

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Historic $2.2 trillion coronavirus bill passes U.S. House, headed to Trump

WASHINGTON (Reuters) – The U.S. House of Representatives on Friday approved a $2.2 trillion aid package – the largest in American history – to help people and businesses cope with the economic downturn inflicted by the coronavirus pandemic. The massive bill also rushes billions of dollars to medical providers on the front lines of the outbreak. Republican President Donald Trump […]

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Enhanced financing schemes, $20 billion in loan capital to give businesses access to credit during Covid-19 crisis

SINGAPORE – Around $1.7 billion drawn from past reserves will be used to finance several enhanced schemes to provide businesses with access to credit amid the coronavirus outbreak. The Temporary Bridging Loan Programme, which was rolled out to the hard-hit tourism sector at last month’s Budget, will be made available to enterprises across all sectors from April 1. Businesses can […]

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World's ailing airlines appeal for aid as U.S. offers $58 billion

DUBAI/SINGAPORE (Reuters) – Global airlines urged the world’s major economies to act quickly to prevent irreversible damage to an industry that has seen demand decimated almost overnight by the coronavirus crisis. Several states have already stepped in to help airlines hammered by the travel slump, with the United States offering $58 billion in aid, Singapore announcing support for aviation and […]

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U.S. House sets Friday debate for coronavirus aid bill

WASHINGTON (Reuters) – The U.S. House of Representatives will begin a two-hour debate on a sweeping, $2.2 trillion coronavirus aid bill at 9 a.m. (1300 GMT) on Friday but it was not clear whether the measure would be able to pass on a voice vote, the House Majority Leader’s office said late on Thursday. While most House members are in […]

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Giant U.S. coronavirus relief bill heads for debate in House

WASHINGTON (Reuters) – The U.S. House of Representatives will begin a two-hour debate on a sweeping, $2.2 trillion coronavirus aid bill at 9 a.m. (1300 GMT) on Friday, despite doubts over whether it can quickly pass on a voice vote or will be delayed into the weekend. While most of the House’s 430 members are in their home districts because […]

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PM and ministers to take three-month pay cut in solidarity with Singaporeans coping with coronavirus

SINGAPORE – The Prime Minister, Cabinet ministers and other political office-holders – as well as the President – will take a three-month pay cut to stand in solidarity with Singaporeans in this difficult time, Deputy Prime Minister Heng Swee Keat said on Thursday (March 26). Mr Heng, who is also Finance Minister, said that political office-holders will take an additional […]

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EU lawmakers back suspension of airline slots rule until October

BRUSSELS (Reuters) – European lawmakers overwhelmingly agreed on Thursday to suspend until Oct. 24 a rule requiring airlines to use at least 80% of their flight slots to keep them the following year so as to ease an industry crisis unleashed by the coronavirus pandemic. Following a deal reached last week by envoys of the EU’s 27 member states, the […]

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