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.
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