Goldman Sachs CEO David Solomon speaks on a panel at

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FILE PHOTO: Goldman Sachs CEO David Solomon speaks on a panel at the annual meetings of the International Monetary Fund and World Bank in Washington, U.S., October 18, 2019. REUTERS/James Lawler Duggan

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World Bank pandemic bond under pressure as coronavirus spreads

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By Karin Strohecker LONDON (Reuters) – A World Bank bond designed to deliver funding to help the world’s poorest countries to tackle fast-spreading diseases has lost half its value as the coronavirus outbreak in China has fanned fears that investors could face hefty losses. After the 2013-2016 Ebola outbreak that ravaged Sierra Leone, Guinea and […]
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Airlines facing what official calls ‘deepest crisis ever’

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(This April 1 story corrects from 14 to 26 European countries in paragraph 16) By Reade Levinson LONDON (Reuters) – As the novel coronavirus continues to spread, commercial flights have all but stopped. The situation is so dire that the head of the trade group representing the world’s airlines called the last few months “its […]
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Victoria erupts as lockdown continues despite virus average dropping below 5

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Frustrations have boiled over and Melburnians have lashed out at the Premier after he backtracked on a promise from last week to reopen today. Victorians have lashed out at Premier Daniel Andrews after he announced today that Melbourne would see no easing of restrictions despite reaching its virus target. Victorians took to Twitter to call […]