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DUBAI/MOSCOW, April 4 (Reuters) - OPEC and Russia have postponed a Monday meeting to discuss oil output cuts until April 9, OPEC sources said on Saturday, as a dispute between Moscow and Saudi Arabia over who is to blame for plunging crude prices intensified.
RIYADH: Saudi authorities announced a lockdown and a partial curfew in seven neighbourhoods of the Red Sea city of Jeddah, starting on Sunday (April 5), as part of measures to contain the new coronavirus outbreak, the interior ministry said in a statement.
HONG KONG: The OPEC+ meeting to try to end the oil price war is unlikely to go ahead on Monday as previously expected, as Riyadh and Moscow trade barbs about who’s to blame for the collapse in oil prices. The OPEC+ alliance needs more time for negotiations, a delegate familiar with the matter said, noting the meeting may still happen a few days later.
RIYADH (Reuters) - Saudi Arabia's King Salman ordered the disbursement of up to 9 billion riyals (1.95 billion pounds) in financial support to more than 1.2 million citizens who work in private sector companies affected by the economic fallout of the coronavirus outbreak, the state-run Saudi Press Agency reported on Friday.
RIYADH (Reuters) - Saudi Arabia will finance treatment for anyone infected with the coronavirus in the country, the health minister said on Monday, while the agriculture ministry took steps to boost wheat and livestock supplies amid global fears of a food shortage.
BEIJING (Xinhua): Chinese President Xi Jinping's pledge to continue to share good practices and assist countries affected by Covid-19 has won applause from observers from across the globe.
BANDAR SERI BEGAWAN (Bernama): Brunei Darussalam reported its first death from COVID-19 in the country, the sultanate's Health Ministry said Saturday (March 28).
Nigeria on March 25 received test kits and protective gear from China's richest man, Jack Ma, to help fight novel coronavirus, which has so far claimed one life and infected 45 others in Africa's most populous nation.
RIYADH: Leaders of the Group of 20 major economies pledged on Thursday to inject US$5 trillion (4.1 trillion pounds) in fiscal spending into the global economy to blunt the economic impact of the coronavirus and "do whatever it takes to overcome the pandemic."
RIYADH/WASHINGTON (Reuters) - Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion (£4.1 trillion) into the global economy to limit job and income losses from the coronavirus and "do whatever it takes to overcome the pandemic."