G20 world leaders to discuss coronavirus
Leaders of the G20 countries will discuss the coronavirus crisis and create a plan to deal with its aftermath. The World Bank has predicted that the virus will cause a global recession and that countries need to use monetary and fiscal policies to promote growth. A number of G20 countries are currently in economic conflicts with each other.
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Donald Trump abruptly cancels the Republican convention in Florida
US President Donald Trump announced Thursday that Republicans have scrapped plans to hold convention activities in Jacksonville, Florida. The move is a striking turnaround for Trump, who moved the convention to Jacksonville after North Carolina's governor raised public health concerns about having massive gatherings in Charlotte, as the GOP had long-planned
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Trumps says 99% of coronavirus cases are totally harmless
US President Donald Trump has claimed 99% of coronavirus cases are "totally harmless" after a surge of infections in the US. In a speech at the White House on America's Independence Day, the US president insisted his strategy to tackle COVID-19 was "moving along well" despite some states reporting record increases in cases. He branded the virus a "terrible plague from China"
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Obama criticizes Trump over coronavirus response
In an online address to graduating college students, former US President Barack Obama criticized Donald Trump over his coronavirus response. He said the pandemic had shown that many officials "aren't even pretending to be in charge". "More than anything this pandemic has fully, finally torn back the curtain on the idea that so many of the folks in charge know what they're doing," he said
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Indian PM announces $260 billion economic relief package
Indian Prime Minister Modi announced a massive $260 billion economic relief package to support the economy after a major hit from coronavirus. The amount is nearly 10% of the country's total GDP. "The package's main aim is to build a self-reliant India," Modi said in a televised speech on Tuesday adding that it will help the country compete globally
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