This week, the European Commission is going to present a plan to ease restrictive measures in connection with the COVID-19 pandemic. It provides for a series of steps: from returning people to schools and universities to resolving public events. However, not every EU member state is waiting for instructions from Brussels to lift quarantine: some take decisions on their own after consulting with...

Tehran won a trial in a case of $ 1.6 billion of Iranian funds that had previously been frozen in Luxembourg’s jurisdiction at the request of the United States, Iranian President Hassan Rouhani said at a meeting of the headquarters against coronavirus. His words are quoted by the Fars agency. Rouhani said the country was able to triumph in a European court over Washington’s attempt to block and...

For 2020, the International Monetary Fund (IMF) forecasts the worst economic downturn since the Great Depression due to the situation with the coronavirus COVID-19, said IMF Managing Director Kristalina Georgieva. More than 170 countries will face declining incomes, the IMF head said during a speech in Washington on the eve of the spring session of the governing bodies of the IMF and the World...

A plane with 90 tons of assistance from the UN arrived in Venezuela on Wednesday to help the country fight the coronavirus pandemic. The cargo includes 28 thousand sets of personal protective equipment for medical workers, oxygen concentrators, baby beds, water quality control equipment and hygiene kits, the organization said. “This is the first United Nations humanitarian aid in support of...

The International Labor Organization (ILO) has stated that the labor market is facing the worst crisis since World War II due to the COVID-19 coronavirus pandemic. Quarantine measures led to the fact that temporary full or partial closures of enterprises affected 2.7 billion people, that is, 81% of the total workforce in the world. The most affected are the hotel business, administrative...

The Venezuelan government criticized the plan proposed by the US authorities to resolve the domestic political conflict in the country. Washington believes that it is necessary for Caracas to create an interim government, which would include representatives of the opposition. Head of the Venezuelan Foreign Ministry, Jorge Arreaza, called this plan an attempt to intervene in the country's internal...

The global economy has entered a recession, said the IMF Head Kristalina Georgieva. She believes that recovery in the next year will not be possible unless the coronavirus pandemic is restrained. The coronavirus has already plunged the global economy into recession, Kristalina Georgieva, managing director of the International Monetary Fund (IMF), said in an interview with CNBC. The extent to...

The North American international auto show, which was supposed to take place in June, was canceled; the venue will be repurposed into a hospital for those infected with coronavirus, NBC News reported. It is reported that the decision on the cancellation was made after the US Federal Emergency Management Agency decided to use the site where the car dealership was supposed to go as a hospital for...

For the second time in its history, US authorities have charged a serious criminal offense to the incumbent head of a foreign state, Venezuelan President Nicolas Maduro. The US authorities accuse Mr. Maduro (who, however, has not been recognized as a legitimate leader for a long time) of "direct participation in the drug trade" and his desire to "flood the United States with cocaine." Washington...