Monday, 26 Oct 2020

Vatican police carry out new raid over suspected corruption

Documents and computers are seized from the department in charge of maintenance and restoration at St Peter’s Basilica. Vatican police have raided the department in charge of maintenance and restoration at St Peter’s Basilica, seizing documents and computers for an investigation into suspected corruption. Tuesday’s raid was similar to one last October that involved another […]

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Wall Street set for lower open after strong quarterly rebound

(Reuters) – Wall Street was set to open lower on Tuesday as coronavirus-related worries and simmering U.S.-China tensions weighed on sentiment at the end of what is expected to be the S&P 500’s best quarter since 1998. The benchmark index has rebounded about 18% since April on a raft of fiscal and monetary stimulus and […]

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Grim data keeps euro, sterling under pressure

LONDON (Reuters) – A fresh batch of grim economic data kept the euro and the pound under pressure on Tuesday as sentiment faltered amid fears new COVID-19 hot spots across the world might jeopardise the swift recovery from the pandemic investors are hoping for. The common currency lost further ground against the dollar in morning […]

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Croatian police brutality against migrants reported to Austria

Austria’s parliament receives 1,600-page report, documenting Croatian border police brutality against irregular migrants A Bosnian volunteer has handed over more than 1,600 pages of media reports and personal testimonies to Austria’s parliament, documenting the brutality of Croatia’s border police against irregular migrants. Zehida Bihorac, a Bosnian volunteer from Velika Kladusa in northern Bosnia,┬áspoke┬áto the Austrian […]

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Fed's offered flood of credit so far just a trickle in practice

(Reuters) – The Federal Reserve’s promise in the early days of the coronavirus pandemic to flood the U.S. economy with trillions of dollars seemed like the proverbial central bank bazooka. It has been more of a trickle in practice, with activity outside the U.S. Treasury and other core financial markets so far only a fraction […]

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Six months after 'viral pneumonia', Wuhan returning to normal, with masks

WUHAN, China/BEIJING (Reuters) – Six months after the World Health Organization learned of “viral pneumonia” cases that would become the COVID-19 pandemic, life in Wuhan, the city where it emerged, is returning to normal, although masks remain ubiquitous and emotional scars linger. A city of 11 million, Wuhan was locked down for two months starting […]

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