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WHAT’S more important: a roof over your head or a car in your driveway? With unemployment rising as the coronavirus shuts down parts of the United States economy, the decision made by borrowers as their payments come due will determine how securities backed by auto loans and leases perform.
ROME (Reuters) - Italian mayors and regional governors on Tuesday bought a page in Frankfurter Allgemeine Zeitung newspaper to ask Germany for solidarity amid the coronavirus outbreak, saying that other states agreed to cut its debt after World War Two.
Bob Dylan surprised fans overnight into Friday by releasing his first original music in eight years, a 17-minute ballad about the assassination of John F. Kennedy.
THE Covid-19 health crisis is an unprecedented challenge to the nation on many fronts – the scale of the crisis, the economic aftermath which is feared to be as horrific as the outbreak itself and the fact that it is being tackled by a government that was only a week old when the pandemic unleashed its full terror.
FROM PHILIP WONG , Director, Sarawak Institute for Public Affairs (SIPA)
LONDON: The UK government is loosening its bankruptcy rules to allow struggling businesses to continue trading if they can’t pay their debts because of the impact of the coronavirus.
KIEV (Reuters) - President Volodymyr Zelenskiy is the first Ukrainian leader in history to command a single party majority in parliament but its strength will be tested next week as he urges lawmakers to pass reform bills needed to unlock a $8 billion aid package.
In ordinary times, Singapore's Changi Airport - straddling Asia's crossroads and among the finest of such facilities anywhere - is a humming, throbbing hive of activity. It is to Asia what Dubai is to the Middle East and Africa, or London's Heathrow to Europe. But not anymore!
FACED with an industry heading toward a wave of bankruptcies, an investor’s first instinct is often turning to the first three pages of the financial statements.