Kampala, Uganda | XINHUA | UN Secretary-General Antonio Guterres on Friday called for a strengthened and renewed multilateralism as the world is striving to respond and recover from COVID-19. “As we strive to respond and recover, we must re-examine many longstanding assumptions and reconsider the approaches that have led us …
Read More »IMF chief urges further policy agility, action for next phase of COVID-19 crisis
Washington, US | XINHUA | As many countries gradually reopen their economies, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva has called for further action to support a resilient recovery. “Many countries are gradually reopening, even as the (COVID-19) pandemic remains with us,” Georgieva wrote in a blog published …
Read More »Coronavirus causing short- and long-term “uncertainty” in food chains: FAO report
Kampala, Uganda | XINHUA | The global coronavirus outbreak is causing “unprecedented uncertainty” in the world’s food supply chains, according to a report released Thursday by the Rome-based United Nations Food and Agriculture Organization (FAO). The “Agriculture Outlook 2020-2029” report, produced by FAO and the Paris-based Organization for Economic Cooperation …
Read More »Poverty reduction progress at risk due to profound COVID-19 impact: UN report
Kampala, Uganda | XINHUA | A United Nations index report published Thursday shows that progress in tackling poverty is at risk now due to the profound impact of the COVID-19 pandemic, although such progress was made before the pandemic hit. New figures show that before the COVID-19 pandemic hit, progress was …
Read More »U.S. breaks record with over 77,000 cases of COVID-19 in one day: Johns Hopkins
Kampala, Uganda | XINHUA | The United States reported a record high of more than 77,000 new cases of COVID-19 in the past 24 hours, bringing the total number of infections to 3,560,364, according to a tally by Johns Hopkins University. Meanwhile, the death toll rose by 974, taking the country’s …
Read More »ECB keeps monetary policy unchanged ahead of EU summit
Kampala, Uganda | XINHUA | The European Central Bank (ECB) said on Thursday that it decided to keep monetary policy unchanged in its July meeting. The 19-nation eurozone base interest rate will remain at 0.00 percent, with the marginal lending rate and deposit rate remaining at 0.25 percent and minus 0.50 …
Read More »Web platforms not liable for copyright infringement: ECJ advocate general
Kampala, Uganda | XINHUA | The video-sharing platform YouTube and its parent company Google cannot be held liable when users upload copyrighted content there, Advocate General Henrik Saugmandsgaard Oe at the European Court of Justice said on Thursday. “As EU (European Union) law currently stands, online platform operators, such as …
Read More »Trump approval rating hits record low among battleground voters, poll says
Washington, US | XINHUA | A CNBC-Change Research poll has found that U.S. President Donald Trump’s approval rating hit a record low of 45 percent among likely voters in six crucial swing states, U.S. media outlet The Hill reported Wednesday. The survey, which interviewed 1,258 likely general election voters around …
Read More »Aussie state of Victoria records biggest daily increase of COVID-19 cases
Kampala, Uganda | XINHUA | The Australian State of Victoria on Thursday recorded its biggest daily increase of COVID-19 infections since the pandemic began, with 317 confirmed cases. Victoria is the centre of a renewed outbreak of COVID-19 in Australia, with close to 2,800 new infections for the state in July …
Read More »Trump continues legal fight to conceal his financial records from federal prosecutor
Kampala, Uganda | XINHUA | Lawyers for U.S. President Donald Trump said Wednesday the president will continue his fight to shield his tax returns and financial records from a federal prosecutor who subpoenaed them, days after the Supreme Court ruled the president is not entirely immune to criminal investigation. In a …
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