Global powers throw cash at spiraling coronavirus crisis - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The world’s richest nations prepared more costly measures on Tuesday to combat the coronavirus that has infected tens of thousands of people via SABCNewsOnline

Airlines are among the worst-hit sector, with United States carriers seeking at least $50 billion in grants and loans to stay afloat as passenger numbers collapse.that has infected tens of thousands of people, triggered social restrictions unseen since World War Two and sent economies spinning toward recession.

Airlines are among the worst-hit sector, with United States carriers seeking at least $50 billion in grants and loans to stay afloat as passenger numbers collapse., which has told people to avoid pubs, clubs, restaurants, cinemas and theaters, was to unveil a rescue package for businesses threatened with collapse.

“I have always defended financial rigor in peacetime so that France does not have to skimp on its budget in times of war,” Budget Minister Gerald Darmanin was quoted as saying by financial daily Les Echos. The Philippines was the first country to close markets, while Europe – now the epicenter of the pandemic – saw airline and travel stocks plunge another 7%.

Pakistan suspended its cricket Super League after an overseas player showed symptoms of coronavirus, the Kentucky Derby horse race was postponed, and there was continued speculation over the fate of the Olympics in Japan.Brazil recorded its first coronavirus death while Peru put its military on the streets.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LIVE: State Capture Inquiry - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Commission of Inquiry into State Capture will continue to hear Passenger Rail Agency of South Africa related testimony by its Group Executive of Legal Risk and Compliance, Martha Ngoye.
Source: SABC News Online - 🏆 32. / 51 Read more »

Churches cancel Easter services - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Catholic Church in Johannesburg has cancelled all its Easter services. This is a response to President Cyril Ramaphosa’s declaration of coronavirus as a national disaster via SABCNewsOnline Do they preach faith or fate ? Nightclubs LEADERSHIP by Ntate Matamela... A consultative President.....MzwaneleManyi
Source: SABC News Online - 🏆 32. / 51 Read more »