This is in addition to the $6 billion bailout package that Islamabad signed with the IMF in July last year to stave off a balance of payment crisis.
Babita Phogat: India stars under fire for ‘anti-Muslim’ tweets on coronavirus
An international medallist and the sister of a Bollywood star have been criticised for tweets attacking Muslims over the spread of coronavirus in India. A hashtag calling on Twitter to ban wrestler …
‘I am so afraid’: India’s poor face world’s largest lockdown
The street peddler watched the prime minister’s speech on a battered TV, with her family of five crowded around her in a one-room house with no toilet and no running water. It’s squeezed into …
Different goal: Former India winger joins coronavirus relief work
A month after Jamshedpur FC ended their disappointing Indian Super League (ISL) season, winger CK Vineeth joined another team – working in a call centre providing relief to people in his district …
Global external demand shock has hit China’s economy ‘big time’: Former Australian PM Rudd
External demand shock is hitting China’s economic recovery “big time” even as its coronavirus situation eases, with the rest of the world suppressing Chinese imports amid local demand issues from the …
Global Stocks and U.S. Futures Strengthen Despite China GDP Plunge
Pacific region rose while S&P 500 stock futures traded higher, pointing to a strong session for U.S. shares on Friday.
China Economy Has Worst Quarter in 40 Years After Coronavirus Lockdowns, Leading the World Into Recession
The global economy is projected to contract sharply by 3 percent in 2020, much worse than during the 2008-09 financial crisis,” the International Monetary Fund said Tuesday.
Coronavirus hits China’s economy harder than anything since 1970s
Consumer spending and factory activity hint that recovery will be longer, harder than many initially believed.
China’s January-March property investment down 7.7% from a year earlier
Real estate investment in China fell 7.7% in the first three months of 2020 from a year earlier, official data showed on Friday. The property market, a key growth driver, was among many segments of …
China’s GDP to grow by 2% in 2020 amid virus crisis: TS Lombard
China’s GDP growth rate may only return to pre-coronavirus levels in the fourth quarter of 2020 at the earliest, says Bo Zhuang, TS Lombard’s chief China economist.