World News Archives - Page 341 Of 473

Morgan Stanley: ‘World Facing Deep Global Recession’

April 2, 2020April 2, 2020

The world’s largest investment bank and financial services company warns of a “deep global recession” due to the new coronavirus pandemic. New York-based Morgan Stanley says worldwide economic growth could slow by as much as 0.9 percent this year. “[The virus] COVID-19 is at once a human tragedy and unparalleled synchronous shock, affecting both the demand and supply sides of the global economy,” writes Morgan Stanley chief economist Chetan Ahya in a note.

Trump claims Iran planning ‘sneak attack’ on US troops in Iraq

April 1, 2020

President Trump warned that Iran and its allies are planning to attack American troops “and/or assets” in Iraq.

Dutch Daily: ‘World Searching For Leader Amid Coronacrisis’

April 1, 2020

With roughly half the world in lockdown and many politicians weak or ill, the largest Dutch daily concludes in a headline: “World searching for LEADER.” De Telegraaf (The Telegraph) also expresses that “Nobody takes the lead in the fight against the coronavirus pandemic.” Its commentator, Frank van Vliet, complained: “While the world is on fire, international politicians are running in one direction to put out their fire. No leader has taken the lead, and solidarity is lacking. They did not read author Alexander Dumas’ Three Musketeers because “one for all and all for one” has been replaced by “own people first.”

US extends Iran nuclear cooperation sanctions waivers

March 31, 2020

The Trump administration on Monday renewed several waivers on U.S. sanctions against Iran, allowing Russian, European and Chinese companies to continue to work on Iran’s civilian nuclear facilities without drawing American penalties.

North Korea fires more missiles than ever amid coronavirus outbreak

March 29, 2020

North Korea fired what appeared to be two short-range ballistic missiles into the ocean off its east coast on Sunday, the latest in an unprecedented flurry of launches that South Korea decried as ‘inappropriate’ amid the global coronavirus pandemic.

US-led coalition pulls out of third Iraqi base this month

April 16, 2020March 29, 2020

The U.S.-led coalition withdrew on Sunday from a military base in northern Iraq that nearly launched Washington into an open war with neighboring Iran.

Former British PM parrots “One Health” global governance paradigm as necessary response to coronavirus

March 30, 2020March 27, 2020

Ex-British Prime Minister Gordon Brown is calling for a “temporary” one-world government as a supposed relief effort for economies hit by fear of spreading disease.

‘Iran may well collapse’ under coronavirus strain, warns top EU diplomat

March 26, 2020

Iran’s theocratic regime could crumble under the pressure of the coronavirus outbreak that has spread through elite ranks and the broader population alike, according to the European Union’s top diplomat.

G20 leaders pledge $5tn in ‘united’ response to coronavirus crisis

March 20, 2025March 26, 2020

G20 nations pledged a ‘united front’ Thursday in the fight against coronavirus, saying they were injecting $5 trillion into the global economy to counter the pandemic amid forecasts of a deep recession.

Mobile phone companies slated to become instruments of state surveillance

March 25, 2020March 25, 2020

National governments across the world are joining with telecom companies to collect private mobile phone user data and erode privacy standards, using the fear of a global pandemic as a justification for tracking citizens.

European Union finance ministers deadlock on coronavirus economic strategy

March 24, 2020

Finance ministers fell short of agreement Tuesday night on an EU-wide strategy to fight an economic slump caused by the coronavirus.

U.S., Seoul call on North Korea to stop ‘inappropriate’ missile tests

March 22, 2020

North Korea launched two short-range ballistic missiles towards the East Sea on Saturday, according to the South Korean military, in a move that highlights the country’s continuing military expansion amid a global health pandemic.

Will the Coronavirus bring the end of cash? Could this crisis introduce Central Bank cryptocurrencies?

May 5, 2020March 20, 2020

The ongoing spread of the coronavirus has spurred government agencies to warn its citizenry against the use of paper currency and coins. Meanwhile, Central Banks around the world are considering the use of cryptocurrency in the future.

‘Under control’: Putin seeks referendum vote despite coronavirus outbreak

March 19, 2020

Even the new coronavirus can’t stop President Vladimir Putin when his power is on the line. As rumors abound that Russia’s capital is about to be locked down to prevent an outbreak of COVID-19, Mr. Putin said this week that an April 22 nationwide vote on constitutional amendments that could keep him in power until 2036 will proceed as planned.