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MINNEAPOLIS: Back in March, with stocks reeling and no end in sight to the pandemic lockdown or its economic devastation, Doug Ramsey took a look at history and warned his clients they might have a while to wait before a rebound came for equities.
ISLAMABAD (Reuters) - Pakistan's national airline has written to foreign missions and global regulatory and safety bodies, assuring them it has grounded all 141 pilots suspected of obtaining licenses through unfair means, the carrier's spokesman said on Saturday.
WARSAW (Reuters) - The driver of a municipal bus that plunged off a motorway bridge in the Polish capital on Thursday, killing one person, was driving while under the influence of amphetamines, the Warsaw prosecutor's office said.
TODAY, the world’s financial rhythm remains American. The US dollar assumed the role of the world’s dominant reserve, payment and settlement currency after WWII. The country’s position as the sole financial superpower gives it extraordinary influence over the destinies of nations
LONDON (Reuters) - Coronavirus lockdowns led to huge reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters analysis shows.
ACCORDING to the International Monetary Fund, India will be the large economy worst hit by the Covid-19 pandemic.
HONG KONG: Three months ago, Arjun Vij couldn’t wait to sell all his junk bonds. Now he can’t get enough of them.
EMERGING markets have breathed a sigh of relief at the easing of the dollar-funding shock that accompanied Covid-19, but the respite may be temporary as the post-pandemic landscape looks more unfriendly than ever before for developing economies.
ROME (Reuters) - Pope Francis has written to former Formula One driver and Paralympic champion Alex Zanardi, who is in intensive care after suffering severe head injuries in a handbike accident on Friday, telling him his life is a "lesson of humanity".
ISLAMABAD (Reuters) - An investigation into the Pakistan airliner that killed 97 last month has found that its pilots and air traffic control officials did not follow set procedures, the aviation minister said on Wednesday.