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Thailand may lose $65 million in first-quarter exports to China amid virus scare: shippers
BANGKOK (Reuters) – Thailand may lose 2 billion baht ($64.6 million) in exports to China in the first quarter, as the impact of coronavirus on supply chains weighed, a Thai shipping association said on Tuesday. Exports of fresh fruits and vegetables will be the worst hit, Ghanyapad Tantipipatpong, group chairwoman of Thai National Shippers’ Council, […]
Trump, Michigan governor trade jabs as state’s virus cases mount
DETROIT (Reuters) – President Donald Trump and Democratic Governor Gretchen Whitmer of Michigan took fresh swipes at each other over the spread of the coronavirus, escalating a war of words as the state braces to become one of the hardest hit by the pandemic. Whitmer sent a letter to Trump on Thursday seeking a major […]
Pandemic won’t cause euro debt crisis, but a North-South divide
By Jan Strupczewski BRUSSELS (Reuters) – Euro zone government debt will surge this year on the coronavirus pandemic, but while another debt crisis is unlikely, large differences in indebtedness as countries emerge from the downturn could seriously test their unity. The International Monetary Fund expects debt in the 19 countries sharing the euro to jump […]