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IMF, WHO urge leaders to focus on health spending to get virus under control
WASHINGTON (Reuters) – The IMF and the World Health Organization on Friday urged leaders of developing countries to prioritize paying medical staff, buying protective gear and other health expenditures in their response to the COVID-19 pandemic. In a joint column in the UK’s Telegraph newspaper, the heads of the two institutions said getting the new […]
ECB is prepared to act on any post-Brexit market turbulence
FRANKFURT (Reuters) – The European Central Bank stands ready to act on any post-Brexit market volatility, it said on Thursday, just a day before Britain is due to leave the European Union after years of preparation. “The ECB and the Bank of England activated a currency swap arrangement in March 2019, through which the Bank […]
Public Storage only bidder left for National Storage with $1.25 billion bid
(Reuters) – U.S.-based Public Storage <PSA.N> emerged on Friday as the likely buyer of Australia’s largest self-storage operator National Storage REIT <NSR.AX> with its current A$1.89 billion ($1.25 billion) offer, after two rivals dropped out of the race. Warburg Pincus had pulled out of the contest, National Storage said on Friday, a day after China’s […]