FILE PHOTO: The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar
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World food prices fall sharply in March because of coronavirus, oil slump: U.N
ROME (Reuters) – World food prices fell sharply in March, hit by a drop in demand tied to the coronavirus pandemic and a plunge in global oil prices, the United Nations food agency said on Thursday. The Food and Agriculture Organization (FAO) food priceindex, which measures monthly changes for a basket of cereals,oilseeds, dairy products, […]
Supreme Court postpones April oral arguments over coronavirus
By Lawrence Hurley WASHINGTON (Reuters) – The U.S. Supreme Court on Friday postponed oral arguments scheduled for April as a result of the coronavirus pandemic and is considering alternative options for handling the various outstanding cases. The court, which already had delayed cases due to be argued in March, has yet to say how it […]
IMF chief says pandemic will unleash worst recession since Great Depression
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The pandemic sweeping the world will turn global economic growth “sharply negative” in 2020, triggering the worst fallout since the 1930s Great Depression, with only a partial recovery seen in 2021, the head of the International Monetary Fund said. IMF Managing Director Kristalina Georgieva painted a […]