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World 16 Apr 2020 | 6:14 PM

Italian mob seeks to profit from coronavirus crisis, prosecutors say

ROME (Reuters) - Italy's mafia clans are taking advantage of the coronavirus pandemic to buy favour with poor families facing financial ruin, prosecutors and officials say, and are offering loans and food in what is seen as an age-old recruitment tactic.

AseanPlus News 14 Apr 2020 | 3:05 PM

Coronavirus chaos is the IMF’s biggest test ever

HONG KONG: Finance ministers and central-bank governors logging in for this week’s virtual meetings of the International Monetary Fund and World Bank will say the right thing, promising to work together to confront the economic fallout of the coronavirus. The question is whether they will do the right thing and take concrete steps to allow the necessary cooperation and coordination.