COVID-19 Updates
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EU green recovery package sets a marker for the world
The European commission has put down a marker for the world with its green recovery package. It sets a high standard for other nations, using the rebuilding of coronavirus-ravaged economies…
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What does Durham police’s statement on Dominic Cummings tell us?
The formal statement from Durham police on Dominic Cummings’ travels to the county during lockdown is sufficiently cautious that both the prime minister’s chief adviser and his accusers are likely…
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China pledges largest-ever economic rescue package to save jobs and livelihoods amid coronavirus
China has pledged a package of 4 trillion yuan (US$559 billion) worth of cost cuts for the country’s struggling factories and merchants in 2020, the largest economic rescue plan in…
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UK coronavirus live: No 10 backs Cummings after police find possible ‘minor breach’ of rules
A conflict now arises between the police and the Attorney General, Suella Braverman, according to the Secret Barrister, a junior barrister whose anonymous writings about the English and Welsh legal…
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Covid-19 crisis pushes US jobless claims above 40m – business live
ING’s chief international economist James Knightly cautions that despite the relative drop in US jobless claims, further hiring will be constrained by social distancing restrictions. Social distancing will limit the…
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The Conservative MPs calling for Dominic Cummings to go
The number of Conservative MPs calling for Dominic Cummings to resign or criticising his behaviour in recent days has swelled. In total, more than 80 MPs have been critical of…
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Debenhams cuts 300 jobs but future of 11 stores remains in doubt
Debenhams is cutting more than 300 jobs at its headquarters as it slims down its back office team in line with a swathe of store closures. The redundancies in merchandising,…
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Coronavirus live news: South Korea re-tightens lockdown restrictions after spike in cases
President Trump has broken his silence on the grim milestone of more than 100,000 American deaths, commenting on Twitter. Donald J. Trump (@realDonaldTrump) We have just reached a very sad…
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Coronavirus: Singapore economy could reopen quicker than planned if infections remain ‘low and stable’, minister says
A full reopening of Singapore’s economy could happen earlier than expected if there is not a spike in daily coronavirus infections after the city state begins a phased lifting of…