Economy Jun 18 European Central Bank hands out 1.3 trillion euros in loans The European Central Bank has handed out more than a trillion euros in cheap loans to banks as part of its effort to get the economy through the virus outbreak.
World May 10 Pandemic shows contrasts between US, European safety nets The coronavirus pandemic is straining social safety nets across the globe — and underlining sharp differences in approach between wealthy societies such as the United States and Europe.
Economy Apr 30 Europe’s employment aid keeps jobs from vanishing — for now Government programs are keeping hard-hit businesses across Europe afloat, preventing millions of workers from losing their jobs and income for now, and thousands of bosses from seeing their trained staff scatter.
World Mar 12 European Central Bank deploys stimulus to ease virus damage ECB President Christine Lagarde said the economy was facing a “major shock” and that the central bank measures unveiled Thursday were “almost surgically” targeted at areas where monetary policy could help.
World Feb 21 Germany shooting prompts calls for action against far-right extremism Germany's top security official said authorities would step up the police presence throughout the country and keep a closer watch on mosques and other sites, in a first reaction to the rampage.
World Feb 19 German gunman calling for genocide kills 9 people Authorities say a 43-year-old German who posted a rant calling for the "complete extermination" of various races and cultures shot and killed nine people, most of them Turkish.
Economy Feb 14 What negative interest rates mean for businesses and home buyers Ultra-low rates have helped push up stock markets to record highs, as vanishing returns on safe assets lead to a search for returns elsewhere.
World Jan 01 Global air crash deaths fall by more than half in 2019 The To70 consultancy said Wednesday that 257 people died in eight fatal accidents in 2019. That compares to 534 deaths in 13 fatal accidents in 2018.
World Dec 12 European Central Bank chief says economic slowdown is stabilizing ECB head Christine Lagarde said that recent economic indicators are “weak overall” but “point to some stabilizing in the slowdown of of economic growth.”…
Economy Dec 06 OPEC nations and Russia agree to cut oil output to lift prices The nations have agreed to cut their crude production by an extra 500,000 barrels a day.