WASHINGTON (AFP) -- US President Donald Trump threatened to cut ties with China over its role in the spread of the coronavirus, as the global death toll from the disease topped 300,000. Despite fears of a second wave of infections, national and local governments around the world are easing lockdown orders as they try to get stalled economies moving again. But there were warnings Friday that some of the world's poorest people remain the most vulnerable, with predictions that a quarter of a bi

World News May 15, 2020

LONDON (AFP) -- The deadly coronavirus pandemic will cost the global insurance industry about $203 billion (188 billion euros), Lloyd's of London insurance market forecast on Thursday. Lloyd's said it had examined underwriting losses and reductions in the value of investments that companies hold to fund future claim payments. Lloyd's itself expects to pay out up to $4.3 billion on coronavirus claims, putting the cost on a similar magnitude to the September 11, 2001 terror attacks. "The

World News May 14, 2020

THE HAGUE (AFP) -- A vaccine for the novel coronavirus could be ready in a year's time under an "optimistic" scenario, based on trials that are underway, the European Medicines Agency said Thursday. The Amsterdam-based EU agency also played down fears expressed by the WHO that the virus might never go away, saying it would be "surprised" if a vaccine was not found eventually. "We can see the possibility if everything goes as planned that some of them (vaccines) could

World News May 14, 2020

WUHAN (AFP) -- Nervous residents of China's pandemic epicentre of Wuhan queued up across the city to be tested for the coronavirus on Thursday after a new cluster of cases sparked a mass screening campaign. Lines of socially distanced people formed at makeshift testing sites set up under tents in parking lots, parks and residential communities as it rained in the metropolis of 11 million people. "This is a good thing. It's a way to be responsible toward others and to yourself," a 4

World News May 14, 2020

BRUSSELS (AFP) -- The EU insisted Thursday that any vaccine against coronavirus must be available fairly to all countries after French drug giant Sanofi said it was reserving first shipments for the US. "The vaccine against COVID-19 should be a global public good and its access needs to be equitable and universal," European Commission spokesman Stefan de Keersmaecker told reporters. Sanofi's chief executive Paul Hudson caused fury in France by announcing that US patients would get

World News May 14, 2020

MOSCOW (AFP) -- Cars sales in Russia plummeted by a historic 72.4 percent in April, manufacturers said Wednesday, after the industry was hit by the sweeping restrictions imposed to slow the coronavirus pandemic. Year-on-year sales in April totalled just 38,922 units across the country, according to the Association of European Businesses which represents foreign investors in Russia. This is "the biggest drop of monthly sales in the history of AEB statistics" since records began in 20

World Business May 12, 2020

HONG KONG (AFP) -- Hong Kong's government risks reigniting last year's political unrest by pushing ahead with a controversial bill outlawing insults to China's national anthem, opposition lawmakers said Tuesday.  Pro-democracy lawmakers warned history was repeating itself, noting that the fast-tracking of a bill last year to allow extraditions to the authoritarian mainland was the spark that lit seven straight months of pro-democracy protests. On Tuesday Hong Kong's leader Carrie Lam --

World News May 12, 2020

ROME (AFP) -- The fate of the Serie A championship remained in limbo on Thursday after state scientists met with football bosses in a desperate effort to save the coronavirus-interrupted season threatened by a new wave of positive tests among players. The Italian Football Federation (FIGC) huddled with the government's technical scientific committee to discuss details of the medical protocol for a potential return to group training. The talks came with pressure mounting from sports-deprived f

Soccer May 8, 2020

DUBAI (AFP) -- One pixel at a time, Dubai will light up the facade of the world's tallest building to represent each donation made to relieve coronavirus-hit communities across the United Arab Emirates. The Burj Khalifa, which stands 828 metres (2,717 feet) high, will be transformed into the "world's tallest donation box" as part of a campaign to provide 10 million meals to low-income people. The appeal comes during the Muslim fasting month of Ramadan, a time of self-reflectio

World News May 3, 2020

LONDON (AFP) -- European leaders are backing an initiative from Brussels to raise 7.5 billion euros ($8.3 billion) to tackle the global coronavirus pandemic. The president of the European Commission, Ursula von der Leyen, outlined the fund-raising plan for an international effort to find a vaccine and treatment for COVID-19 on Friday. An online pledging conference will take place on Monday to plug gaps in financing of research. Italy's Prime Minister Giuseppe Conte, French President Emm

World News May 3, 2020

ROME (AFP) -- Europe on Sunday prepared for a further cautious easing of coronavirus restrictions following signs the pandemic may be slowing, with hard-hit Italy set to follow Spain in allowing people outside. More than 243,000 people have been killed and 3.4 million infected worldwide by the virus, which has left half of humanity under some form of lockdown and pushed the global economy towards its worst downturn since the Great Depression. With signs that the spread of the contagion h

World News May 3, 2020

WASHINGTON (AFP) -- Donald Trump vowed to temporarily ban immigration to the United States to combat the "invisible enemy" of coronavirus, claiming it would save American jobs as the world economy plunges into meltdown. The announcement, a drastic new step in the US President's anti-immigration crusade, comes as the globe tries to chart its way out of an unprecedented health and economic crisis. In just four months, the novel coronavirus has touched almost every nation on the planet

World News April 21, 2020

PARIS (AFP) -- The coronavirus pandemic could nearly double the number of people around the world facing acute hunger, the UN's World Food Programme warned Tuesday. "The number of people facing acute food insecurity stands to rise to 265 million in 2020, up by 130 million from the 135 million in 2019, as a result of the economic impact of COVID-19," the WFP said its projections had shown. The warning came as the WFP and other partners released a new report on food crises around the

World News April 21, 2020

ZURICH (AFP) -- Swiss watch exports plunged by more than a fifth in March, the Swiss watch industry federation, FH, said Tuesday, warning it expected the situation to deteriorate further in April. Overall, Swiss watch exports fell 21.9 percent in March compared to a year earlier, to 1.4 billion Swiss francs ($1.4 billion, 1.3 billion euros) -- with a range of markets seeing devastating declines, as economies worldwide have basically ground to a halt in the face of the COVID-19 pandemic. Expor

World News April 21, 2020

SINGAPORE (AFP) -- Singapore on Tuesday extended restrictions to fight the coronavirus until early June, the city-state's leader said, as cases surged past 9,000 due to a growing number of infections among migrant workers. The city-state managed to keep its outbreak in check in the early stages due to widespread testing and contact-tracing, but is facing a fast-moving second wave of infections. Health authorities reported 1,111 cases Tuesday taking the total to 9,125, with the vast majority

World News April 21, 2020