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Fear and poverty in Turkey as pandemic hits Erdogan’s base

Fear and poverty in Turkey as pandemic hits Erdogan’s base

Huseyin Goksoy, a tailor who was so stressed about going hungry during the worst of the COVID-19 pandemic that he was briefly bedridden with a hernia, is increasingly worried about his future as Turkey strains…

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Stocks under pressure as Trump vows to end violent protests

Stocks under pressure as Trump vows to end violent protests

Asian stocks were set to come under pressure on Tuesday following a dip in Wall Street futures as U.S. President Donald Trump vowed to use force to end violent protests in American cities, souring a…

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Once taboo, investors begin to imagine negative U.S. rates

Once taboo, investors begin to imagine negative U.S. rates

Negative interest rates in the United States were once unimaginable. The coronavirus has changed that. While the Federal Reserve has all but ruled it out, the sweeping economic and financial-markets impact of the pandemic has…

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French, Dutch join forces to urge EU to show teeth on trade

French, Dutch join forces to urge EU to show teeth on trade

 France and the Netherlands have joined forces to urge the European Union to enforce environmental and labour standards more forcefully with countries the bloc signs trade deals with, according to a document seen by Reuters.…

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French aerospace suppliers need billions in fresh capital

French aerospace suppliers need billions in fresh capital

The French aerospace industry needs billions of euros in fresh capital to help struggling suppliers overcome the coronavirus crisis, which has pushed a third of its 200,000 employees into furlough, a leading industry association said…

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Saudi Prince’s Year of Prestige Is Unraveling in Front of Him

Saudi Prince’s Year of Prestige Is Unraveling in Front of Him

The courtyard around the Grand Mosque in Mecca should be teeming with hundreds of thousands of pilgrims marking the start of Ramadan. Instead, it’s deserted: The coronavirus pandemic has hit the city where the Prophet Mohammed was…

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Coronavirus Drags China’s Economy Into First Slump In Four Decades

Coronavirus Drags China’s Economy Into First Slump In Four Decades

China, the world’s second largest economy, said on Friday that its economy shrank 6.8% in the first quarter compared with 2019, marking its first contraction since 1992 as a result of the coronavirus and draconian…

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When Will Your Retirement Nest Egg Rise Again To Recover Its Losses?

When Will Your Retirement Nest Egg Rise Again To Recover Its Losses?

There’s a time to swoon and there’s a time to celebrate. Are you in a cabin fever funk or poised for an exciting tomorrow? And what about your retirement portfolio? You’ve just experienced the quickest…

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Malaysia’s AirAsia founders not taking salary; staff accepts up to 75% pay cut

Malaysia’s AirAsia founders not taking salary; staff accepts up to 75% pay cut

The founders of Malaysia’s AirAsia Group Bhd (KL:AIRA) will not take salaries and its staff has agreed to an as much as 75% cut in pay due to the impact of the novel coronavirus outbreak…

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Britain sticking to EU deal timeline, Irish finance minister says after talks

Britain sticking to EU deal timeline, Irish finance minister says after talks

Britain appears to be sticking to its plan to seek a free trade deal with the EU by the end of 2020 even though formal talks have been postponed due to the coronavirus, Ireland’s finance…

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