Tag Archives: World economy

European markets hope coronavirus vaccine can be found

European stocks are expected to open higher Tuesday, continuing the positive trend set at the start of the week as hopes rise for a coronavirus vaccine. London’s FTSE is seen 19 points higher at 6,067, Germany’s DAX is expected to open 43 points higher at 11,101 and France’s CAC 40 is seen 20 …

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Kenya’s ‘triple whammy’ of crises

Residents in Mandera County, Kenya, displaced by flooding. The County Government of Mandera, Kenya. Already navigating the coronavirus pandemic and the worst invasion of desert locusts for more than 25 years, parts of East Africa are now being devastated by flooding. Heavy rains over the last month have led to …

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Auto suppliers desperate for cash infusion

Approximately two months after the coronavirus outbreak caused a nearly nationwide lockdown, 48 states have eased shelter-in-place restrictions — only Massachusettes and Connecticut kept strict lockdown rules in place — in an attempt to reinvigorate their local economies. An NBC News survey of 33 states and Washington, D.C., found the lockdown will …

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Brazil surpasses Spain and Italy in total confirmed cases

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 4.6 million Global deaths: At least 311,425 Most cases reported: United States (more than 1.4 million), Russia (272,042), United Kingdom, (241,461), Brazil …

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