Euro zone inflation will remain negative for the rest of the 2020, European Central Bank Vice President Luis de Guindos said today, just after fresh data showed price growth hitting a more than four year low.
China will respond resolutely to any attempt by UK to sanction Chinese officials following the imposition of a security law in Hong Kong, its ambassador in London said on Sunday.
The World Health Organization (WHO) is set to resume its trial of hydroxychloroquine for potential use against the Covid-19, its head Tedros Adhanom Ghebreyesus said today, after testing was suspended due to health concerns.
An economic support package being readied to help the European Union recover from the Covid-19 crisis may need be to worth around 1.6 trillion euros ($1.7 trillion), the EU’s industry chief Thierry Breton said on Tuesday.
A record number of blazes are ravaging the rainforest, many of them thought to have been started deliberately in Brazil, drawing international concern because of the Amazon’s importance to the global environment.
The imposition of tariffs on United States imports of cars would have a bigger impact on the world economy than the U.S.-China trade war has had to date, while a “no deal” Brexit could also weigh on trade growth, the WTO’s chief economist said on Tuesday.
China and the United States appear close to a deal that would roll back U.S. tariffs on at least $200 billion worth of Chinese goods, as Beijing makes pledges on structural economic changes and eliminates retaliatory tariffs on U.S. goods, a source briefed on negotiations said on Sunday.