Stocks under pressure after biggest quarterly drop since 2008

Asian shares faced another leg lower on Wednesday as the coronavirus sharply slows global growth, leading a gauge of world stocks to post its biggest quarterly decline in more than a decade and oil prices to trade near lows last seen in 2002.


from Reuters: Top News https://ift.tt/2JGw4GF Asian shares faced another leg lower on Wednesday as the coronavirus sharply slows global growth, leading a gauge of world stocks to post its biggest quarterly decline in more than a decade and oil prices to trade near lows last seen in 2002.

U.S. rushes to build makeshift hospitals as death toll rises by 800

The U.S. government raced on Tuesday to build hundreds of makeshift hospitals near major cities to ease the strain on overwhelmed healthcare systems as President Donald Trump predicted a "very painful" two weeks ahead.


from Reuters: Top News https://ift.tt/3dNSSlE The U.S. government raced on Tuesday to build hundreds of makeshift hospitals near major cities to ease the strain on overwhelmed healthcare systems as President Donald Trump predicted a "very painful" two weeks ahead.

Mexico president ramps up rich vs poor rhetoric in coronavirus fight

As the outlook for Mexico's economy gets gloomier during the coronavirus crisis, President Andres Manuel Lopez Obrador has driven home the message that his government is ready to help the poor to weather the storm - but that the rich can forget it.


from Reuters: Top News https://ift.tt/3atJ0v7 As the outlook for Mexico's economy gets gloomier during the coronavirus crisis, President Andres Manuel Lopez Obrador has driven home the message that his government is ready to help the poor to weather the storm - but that the rich can forget it.

Australian authorities take cluster approach to contain coronavirus

Australian authorities will open a pop-up coronavirus testing clinic next to Sydney's Bondi Beach on Wednesday as health workers try to contain clusters of infections across the country.


from Reuters: Top News https://ift.tt/2JqsUqa Australian authorities will open a pop-up coronavirus testing clinic next to Sydney's Bondi Beach on Wednesday as health workers try to contain clusters of infections across the country.

Pentagon says coronavirus outbreak on carrier doesn't warrant evacuation

U.S. Defense Secretary Mark Esper said on Tuesday it was not time to evacuate a U.S. aircraft carrier reeling from an outbreak of coronavirus, adding that he had not read in detail a letter from the commander of the ship pleading for help.


from Reuters: Top News https://ift.tt/39v3XnZ U.S. Defense Secretary Mark Esper said on Tuesday it was not time to evacuate a U.S. aircraft carrier reeling from an outbreak of coronavirus, adding that he had not read in detail a letter from the commander of the ship pleading for help.

Mexico president ramps up rich vs poor rhetoric in coronavirus fight

As the outlook for Mexico's economy gets gloomier during the coronavirus crisis, President Andres Manuel Lopez Obrador has driven home the message that his government is ready to help the poor to weather the storm - but that the rich can forget it.


from Reuters: World News https://ift.tt/2wT7uiH
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