MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Friday that he will return a fourth of his salary to help the country weather the coronavirus crisis that has battered the economy, encouraging public servants also to donate from their earnings.
He did not say if it would be a one-time or recurring deduction.
Since taking office in
Anthony Joshua’s promoter says the world champion’s next title defence may not be staged behind closed doors despite the coronavirus crisis.
Eddie Hearn is considering moving Joshua’s next fight against Kubrat Pulev, which was originally scheduled for the Tottenham Hotspur Stadium on June 20.
The London bout has been postponed indefinitely due to the pandemic and Hearn would be willing to move it to the Middle East if an audience is allowed there.
Joshua beat Andy Ruiz to take the WBA, IBF, WBO and IBO heavyweight titles in Saudi Arabia in December.
Hearn has already suggested he might stage the …
London and New York stocks sank on Friday after US President Donald Trump lashed out at China over the coronavirus crisis, bringing back bad memories of a damaging standoff between both countries over trade.
The eurozone’s key equity markets were shut for a public holiday as were several exchanges in Asia.
Investor nerves were tested further by a weak bottom line for Amazon even after the retail giant’s revenues received a boost from online shopping under the coronavirus lockdown.
The company warned earnings in the second quarter would be entirely wiped out by expenses related to COVID-19.
“Global markets continue …
After being battered by the coronavirus crisis and a high debt load. Virgin Australia Holdings Ltd said on Tuesday it entered voluntary administration.
The aim was to recapitalise the business and emerge in a stronger financial position.
Deloitte has been appointed as the administrator, the airline said in a statement.
It said it had been unable to secure a A$1.4 billion ($887.60 million) loan from the federal government.
Virgin said the current management team led by chief executive Paul Scurrah would continue to run the business.
It would still operate scheduled domestic and international flights to help transport essential …
Following the ongoing Coronavirus crisis, Miss England 2019, Bhasha Mukherjee, has hung up her crown and returned to work as a doctor.
The 24-year-old has taken a career break as a junior doctor after competing in the Miss World pageant in December 2019.
The beauty queen told CNN on Monday that she returned to the United Kingdom in order to help her fellow health care workers who complained about the long hours during this Coronavirus pandemic.
According to her, wearing her Miss England crown while her colleagues were risking their lives
The government has ordered 10,000 ventilators from Dyson to help deal with the coronavirus crisis.
The firm, headed by British inventor Sir James Dyson, said it had designed a new type of ventilator in response to a call on behalf of the NHS.
The order is still subject to the devices passing stringent medical tests but that is expected to happen quickly.
Dyson has had hundreds of engineers working round the clock to design the ventilators from scratch.
Blitz spirit
It hopes to build the ventilators at scale from its UK base in Wiltshire – using aircraft hangars that were …
The White House and Senate have reached agreement on a $2 trillion stimulus package for the US economy and millions of Americans ravaged by the coronavirus crisis, top lawmakers said early Wednesday.
“At last, we have a deal,” Senate Majority Leader Mitch McConnell said, hailing the massive “wartime level of investment into our nation” reached after five days of arduous and tense negotiations.
“We have a bipartisan agreement on the largest rescue package in American history,” top Senate Democrat Chuck Schumer said shortly after McConnell spoke.
“So many people are being put out of work through no fault of their …
Britain agreed to a deal with private healthcare providers on Saturday to free up beds and medical services for the state-run health system as one emergency doctor warned the country could suffer a worse fate than Italy during the coronavirus crisis.
Britain had suffered 177 deaths due to Covid-19 as of late Friday, with the number of confirmed infections rising to 3,983.
Government health experts say tens of thousands of British people are probably infected.
Italyβs coronavirus crisis is the worldβs deadliest, with more than 4,000 fatalities.
In a bid to ease the pressure in Britain, the National Health Service …
U.S. President Donald Trump announced a plan on Tuesday to send as much as $1000 to Americans immediately to ease the economic shock from the coronavirus crisis.
Treasury Secretary Steven Mnuchin, appearing with Trump in the White House press briefing room, said he was talking with congressional leaders on a plan to send checks immediately to displaced Americans. Trump said some people should get $1,000.
Scrambling to get a grip on an unpredictable virus that has disrupted Americans in all walks of life, Trump predicted the economic challenge will be tough short term but that the economy will eventually rebound.…
