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Germany cracks down on coronavirus aid fraud

Germany cracks down on coronavirus aid fraud

German authorities have pledged to crack down on coronavirus fraud amid mounting evidence that scammers, many of them based in Eastern Europe, are hijacking the country’s generous aid program for companies affected by the disease. pandemic. Hubertus Heil, Minister of Labor, said that all potential scammers will be investigated and prosecuted. “Most people will behave … Read more

Henry Paulson: Save globalisation to secure the future

Henry Paulson: Save globalisation to secure the future

This article is part of a series in which the Financial Times asks key commentators and policymakers what to expect from a post-Covid-19 future. Writer, former US Secretary of the Treasury, chairs the Paulson Institute Covid-19 has caused more than a deadly pandemic. It plunged the world economy into its most serious crisis since the … Read more

Rupee can depreciate another 4% despite RBI's liquidity support measures

Abhishek Goenka, IFA Global

The Reserve Bank of India (RBI) has launched a series of measures to help the economy weather the current crisis. He launched targeted long-term repo operations (TLTRO) 2.0 of Rs 50,000 crore. Banks would be required to deploy at least 50% of the funds made available under this facility in bonds of small non-bank finance … Read more

Baylor star Lauren Cox hasn't let diabetes stop her WNBA dreams

Baylor star Lauren Cox hasn't let diabetes stop her WNBA dreams

This was one of the few things Lauren Cox was allowed to do. With the world closing as the new coronavirus spread, the Baylor attacker enjoyed her regular trip to the grocery store with her mother. Now Cox, whose type 1 diabetes puts her at high risk of complications from the virus, can’t even have … Read more

Michael Jordan docuseries 'The Last Dance' is more than a TV show. It's a cultural event

Michael Jordan docuseries 'The Last Dance' is more than a TV show. It's a cultural event

In 1998, during the latter part of the last season of his sitcom, Jerry Seinfeld filed a court interview about the major sports dynasty of the era. “The agreement between” Seinfeld “and the Bulls?” he repeats for the camera before heading to the locker room to greet the game’s star, Michael Jordan. “The show of … Read more

Wargaming Paint Companies Are Pivoting to Hand Sanitizer

Wargaming Paint Companies Are Pivoting to Hand Sanitizer

All those bottles of Greenskin are used in a different, great way.Statue: The Army Painter Toys and collectiblesAction figures, statues, exclusives and other merchandise. Beware: if you look here, you will probably spend some money afterwards. We are all looking for things to do while we are in different states of lockdown and social distance. … Read more

Coronavirus menaces Japan’s ailing regional banks

Coronavirus menaces Japan’s ailing regional banks

The coronavirus pandemic threatens to force Japan’s large regional banking sector to regret aggressive overseas investments and purchase loans during its four-year battle with negative interest rates. Analysts estimate that about 70 of the regional lenders listed are more vulnerable to rising credit costs than the country’s mega banks, as they are already under heavy … Read more

Tom Hanks hosts first remote 'SNL,' performs opening monologue in his kitchen

Tom Hanks hosts first remote 'SNL,' performs opening monologue in his kitchen

Tom Hanks hosted “Saturday Night Live” from his home yesterday and it was the first remote broadcast in the show’s 45-year history. The actor, who recently recovered from the coronavirus, spoke to viewers from his kitchen and provided the opening monologue dressed in a suit. He joked that it was the first time that he … Read more

Nigeria in ‘crisis’ as oil receipts plummet

Nigeria in ‘crisis’ as oil receipts plummet

To show how badly the Nigerian economy has been hit by the coronavirus pandemic and falling oil prices, Africa’s largest oil producer this week warned of an impending recession, asked 7 billion dollars in emergency funding and abandoned an expensive oil subsidy program. Although the country of 200 million people recorded a relatively modest 254 … Read more