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THE Covid-19 lockdowns have led to a deep economic dive, sending shockwaves around the world. IMF estimates world GDP will fall by 3% in 2020 (down 6.3 percentage points from its earlier forecast of +3.3% in late January).
TAINAN, Taiwan (Reuters) - Kitty Wong and Adolf Yim, both from Hong Kong, are finalising work on a hostel in Taiwan's southern city of Tainan that they hope will open its doors to holiday-makers next month.
BEIJING (Reuters) - As many as half of China's breeding pigs have either died from African swine fever or been slaughtered because of the spreading disease, twice as many as officially acknowledged, according to the estimates of four people who supply large farms.
LONDON: For almost three decades, Opec has always pumped at least 30% of the world’s crude oil, creating an informal floor for Saudi Arabia and its allies in the cartel. The level has survived everything from wars and economic crisis to terrorist attacks and diplomatic spats.
PUTRAJAYA: The seven telecommunication companies (telcos) which have signed the Consumer First Pledge must comply with the proposed General Consumer Code of Practice, said Communications and Multimedia Minister Gobind Singh Deo.
OSAKA: Russia has agreed with Saudi Arabia to extend by six to nine months a deal with Opec on reducing oil production, Russian President Vladimir Putin said.