World News

The Economic Times

Coronavirus frustrates Saudi women's push for financial independence
Posted on Thursday June 04, 2020

Women in the United States and Europe have taken an outsized hit from the wave of unemployment caused by the coronavirus, but for women in Saudi Arabia the downturn is particularly damaging because it struck just as their efforts to enter the workforce and gain greater financial independence were gaining traction.

Debt relief for poorest countries could extend beyond 2020, G7 says
Posted on Thursday June 04, 2020

In a lengthy joint statement, the G7 finance ministers urged all official creditors to join the initiative, called for strengthened reporting of public debt data, and said all creditors - public and private - should make responsible lending decisions in line with debt sustainability guidelines.

People are blowing up, or just taking, ATMs in Philadelphia
Posted on Thursday June 04, 2020

Cash machines in some other cities, including Pittsburgh and Minneapolis, also have been stolen from or damaged since civil unrest struck the nation when George Floyd was killed on Memorial Day. But Philadelphia's problem appears to be on a larger scale.

UK PM Boris Johnson confirms visa plans for 3 million Hong Kong citizens
Posted on Thursday June 04, 2020

Writing in ‘The Times', the UK prime minister said the offer would be triggered only if China presses ahead with the new law which threatens to strip the former British colony of its traditional freedoms. An estimated 3,50,000 Hongkongers hold British National (Overseas) passports and another 2.5 million would be eligible to apply for them. At present, these BNO passports only allow visa-free access to the UK for up to six months.

With wins in 7 states and DC, Biden closes in on nomination
Posted on Wednesday June 03, 2020

Joe Biden is on the cusp of formally securing the Democratic presidential nomination after winning hundreds more delegates in primary contests that tested the nation's ability to run elections while balancing a pandemic and sweeping social unrest.