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Canada’s federal deficit hits $148.6B amid coronavirus pandemic
OTTAWA — The federal government ran a deficit of $148.6 billion during the first four months of its 2020-2021 fiscal year, the result of unprecedented spending in response to the COVID-19 pandemic. The result compared with a deficit of $1.6 billion for the same period in the 2019-2020 fiscal year. In its monthly fiscal monitor, […]
Kim Yong Ju: Younger brother of North Korea founder Kim Il Sung dies
Kim Yong Ju, the younger brother of North Korea founder Kim Il Sung, has died, according to state media. Kim Yong Yu was regarded as being the country’s second most powerful figure before his nephew Kim Jong Il became ruler in 1994. North Korean state media has not reported exactly when he died. According to […]
Putin’s problems mount as coronavirus hits Russian economy
By Andrew Osborn MOSCOW (Reuters) – It was meant to be the day Russians voted to change the constitution to allow President Vladimir Putin to extend his rule until 2036. Instead, Putin spent Wednesday troubleshooting one of the biggest crises of his rule – fallout from the coronavirus outbreak. Because of the pandemic, the constitutional […]