Friday , February 28 2025

WORLD

World News

Pandemic causing deep recession, and it could get worse: IMF

Washington, United States | AFP | The coronavirus pandemic is pushing the global economy into its deepest recession in a century, cutting world output by three percent this year, the International Monetary Fund said Tuesday. If the virus is contained and economies can begin operating again, 2021 should see a rebound …

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McDonald’s apologises after China store bans black people

Beijing, China | AFP | US chain McDonald’s has apologised after a sign telling black people they were banned from entering a branch in southern China prompted outrage online, following reports of discriminatory treatment towards Africans in the city. Tensions have flared between police and Africans in the southern metropolis of …

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Cardinal Pell threatened online a week after leaving jail

Sydney, Australia | AFP | Australian Cardinal George Pell, released from prison last week after a court overturned his child sex conviction, was warned by police Tuesday of online threats against him, as new abuse allegations also emerged. Pell walked free last week after the Australian High Court cleared him …

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Gold shoots to seven-year peak on weaker dollar

Just after 1230 GMT, gold rallied to $1,731.25 an ounce on the London Bullion Market, striking a peak last seen in November 2012. The dollar slid against main rivals Tuesday in the wake of the Federal Reserve’s ongoing stimulus policies that are aimed at cushioning the blow to the world’s …

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From father to son, the shared experience of the Holocaust

New York, United States | AFP |  Daniel Terna experienced neither the Holocaust that nearly killed his father nor the war that spawned it, but since childhood he has been immersed in the inherited trauma. It’s been 75 years since the liberation of concentration camps in Nazi Germany, four of which …

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Russia’s small businesses buckling under virus restrictions

Moscow, Russia | AFP |  When President Vladimir Putin announced a paid holiday for the month of April to keep Russians home and prevent the coronavirus from spreading, many small business owners braced themselves. How would they keep to the president’s promise of paying employees while they were shut down? The …

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US eyes virus ‘plateau’ as world weighs cautious reboot

Washington, United States | AFP |  Coronavirus deaths in the hard-hit United States were flat for a second consecutive day, with New York’s governor saying the “worst is over” as many countries weigh a gradual reopening of their shattered economies. Since emerging late last year, the coronavirus pandemic has killed around …

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Bolt goes viral with ‘social distancing’ Olympic photo

Washington, United States | AFP |  Retired track star Usain Bolt showed he’s still a few steps ahead when he posted an AFP picture of him outstripping his rivals at the Beijing Olympics with the cheeky caption: “social distancing”. Bolt’s post, featuring a picture by AFP photographer Nicolas Asfouri of …

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IMF approves debt relief for 25 poor countries

Washington, United States | AFP | The International Monetary Fund on Monday announced immediate debt relief for 25 poor countries to help them free up funds to fight the coronavirus pandemic. “This provides grants to our poorest and most vulnerable members to cover their IMF debt obligations for an initial phase over the next six …

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