International
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Coronavirus thwarts vulture funds' efforts to finally crack China
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Apr 24th, 2020viaReuters UK - Financial Services News
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Vulture funds cheering freer access to China’s $1.5 trillion in bad debt have flown straight into a knotty market complicated by coronavirus restrictions, at a time when similar curbs are serving up opportunities in easier, developed markets.
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Australia shares flat as dealers weigh coronavirus impact
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Apr 24th, 2020viaReuters UK - Financial Services News
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Australian shares traded flat on Friday as investors held their bets while they fretted over the economic fallout from the novel coronavirus pandemic and worried that an antidote may not be imminent.
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EBRD adds 3 billion euros to coronavirus support package
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Apr 23rd, 2020viaReuters UK - Business News
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The European Bank for Reconstruction and Development (EBRD) said on Thursday it would boost by 3 billion euros (2.62 billion pounds) a support package to help stricken companies and councils mitigate the economic hit from the coronavirus.
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UK
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What will coronavirus mean for the British economy?
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Apr 24th, 2020viaThe Guardian - Economics
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One month after a national lockdown was declared in an attempt to limit the spread of Covid-19, it is clear that Britain is heading for the deepest recession in living memory.
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Coronavirus: Councils warn government bailout cash 'gone now'
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Apr 24th, 2020viaBBC Manchester
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Councils in England say they have to plug funding gaps worth hundreds of millions of pounds within weeks to avoid "significant" cuts. The coronavirus pandemic has increased councils' costs while income has been lost from services like parking.
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Coronavirus: Boris Johnson 'could be back at work at No 10 on Monday'
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Apr 23rd, 2020viaThe Independent - News
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The newspaper, which previously employed Mr Johnson as a columnist, also claimed he has been demanding government papers. However, Downing Street told The Independent the prime minister’s return to duties had not been officially scheduled yet.
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Day-to-Day Impact
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Coronavirus: Wales lockdown rules tightened over second homes
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Apr 23rd, 2020viaBBC - Front Page
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Some lockdown rules in Wales are being made stricter to "address challenges being faced in parts of the country", the first minister has said. Updated regulations, announced by Mark Drakeford, make it clear people cannot remain away from the place they live.
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NHS limits dialysis supplies for coronavirus patients
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Apr 23rd, 2020viaThe Guardian - Health
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Hospitals are having to conserve life-saving dialysis fluid in the coming days due to national shortages, as it has been revealed that 28% of coronavirus patients in intensive care who need significant help to breathe also need kidney support.
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Coronavirus: State surveillance 'a price worth paying'
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Apr 23rd, 2020viaBBC News - Technology
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A major increase in state surveillance is a "price worth paying" to beat Covid-19, a UK think tank says. The Tony Blair Institute for Global Change (TBI), founded by the former prime minister, says it could offer an "escape route" from the crisis.
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Global Situation
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U.S. to test some immigrants for coronavirus before deportation
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Apr 23rd, 2020viaReuters UK - Top News
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U.S. Immigration and Customs Enforcement (ICE) plans to begin testing some migrants in detention for COVID-19, the disease caused by the new coronavirus, before deporting them to other countries, a U.S. official familiar with the effort said on Thursday.
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Covid-19 pandemic casts long shadow as Ramadan starts
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Apr 23rd, 2020viaGuardian UK - Middle East News
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Festival, normally marked by social gatherings and feasts, will be muted affair under lockdown Ramadan is normally a sociable time, as abstention from food and water during daylight hours gives way to sumptuous meals and gatherings at dusk.
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Costa Rica pushes back coronavirus, reducing current cases
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Apr 23rd, 2020viaReuters UK - Health News
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While parts of Latin America enter the toughest phase of the coronavirus pandemic, Costa Rica has for the past week reported a steady fall in the number of people currently infected, in a sign the country’s approach to the crisis may be paying off.
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Hopes dashed as coronavirus drug remdesivir fails first trial
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Apr 23rd, 2020viaBBC News - Health News
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A potential antiviral drug for the coronavirus has reportedly failed in its first randomised clinical trial. There had been widespread hope that remdesivir could treat Covid-19. But a Chinese trial showed that the drug had not been successful, according to draft documents accidentally published by the World Health Organization.
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