UPDATE 1-Eurozone yields steady as U.S. fiscal boost soothes nerves

* Italy/Germany bond yield gap well off highs * U.S., European fiscal stimulus give heart to investors * But lock downs could severely hurt global economy * Eurozone periphery bond yields tmsnrt.rs/2ii2Bqr (Adds Coronabond comments from ECB’s Lagarde, quote, updates prices) By Abhinav Ramnarayan LONDON, March 25 (Reuters) – Eurozone government bonds steadied on Wednesday after policymakers in Europe and […]

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Russia lifts tsunami warning after M7.5 quake off Kuril Islands

(Reuters) – Russian authorities lifted a tsunami warning in the Pacific far east on Wednesday after a 7.5 magnitude earthquake struck off the coast of the Kuril Islands, the RIA news agency reported, citing a representative of the Sakhalin Tsunami Centre. Residents in the town of Severo-Kurilsk in Russia’s Sakhalin region had earlier been evacuated to a safe zone on […]

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Istanbul prosecutor indicts Saudi suspects for Khashoggi killing

Former deputy head of Saudi Arabia’s general intelligence and former royal court adviser also accused in indictment. The Istanbul prosecutor’s office said it had prepared an indictment against 20 suspects over the killing of Saudi journalist Jamal Khashoggi, including the former deputy head of Saudi Arabia’s general intelligence and a former royal adviser. Khashoggi’s killing in the Saudi consulate in […]

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Coronavirus: Parliament to shut down tonight over COVID-19 spread fears

Parliament is shutting down a week early because of fears over the spread of coronavirus. MPs will be sent back to their constituencies for Easter recess tonight, as soon as new laws handing emergency lockdown powers to the government are passed. Commons Leader Jacob Rees-Mogg thanked them for “coming together” to unanimously back the Coronavirus Bill, which now only needs […]

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Death toll in Peru hits seven as coronavirus spreads

LIMA (Reuters) – The death toll from coronavirus in Peru hit 7 on Tuesday after a 38-year-old man died after he contracted the disease while on a trip to Canada, the country’s Ministry of Health said. The ministry said the man, who recently returned to Peru, died after being admitted to a Lima hospital on Monday for respiratory failure. He […]

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Economic Affairs: Waiting for global cooperation

During the depths of the global financial crisis in April 2009, the Group of 20 (G-20) held a crucial summit in London, chaired by then British Prime Minister Gordon Brown. In the run-up to the summit, financial markets were crashing, economies were sliding into recession and confidence was shot to pieces. The G-20, which comprises not only major industrial countries, […]

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Hantavirus: The disturbing way new deadly virus in China is spreading

A man travelling on a bus who died has tested positive for hantavirus, a completely different virus to COVID-19 which is currently sweeping the globe, according to reports. Other passengers have since been tested for hantavirus. The unidentified victim, who is thought to be from Yunnan province, was travelling to work when he died, the state-run Global Times announced in […]

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