Global economy not expected to fully recover before 2022 — report
By Patricia B. Mirasol
Mounting job losses and bankruptcies, more government support for a green recovery, disruptive trade spats and international disputes, and opportunities in...
US president-elect Biden calls for healing, unity
WILMINGTON, Del./WASHINGTON — President-elect Joe Biden declared it was “time to heal” a deeply divided America in his first speech after prevailing on Saturday in a bitter election, even as President Donald Trump refused to concede and pressed ahead with legal fights against the outcome.
Kamala Harris breaks barriers as America’s next vice president
WASHINGTON — Kamala Harris made history on Saturday with her election as Joe Biden’s vice president, becoming the first woman, first Black American and first Asian American to win the second highest US office.
Global uncertainty could risk World War III, says UK military chief
LONDON — Current global uncertainty and anxiety amid the economic crisis caused by the coronavirus pandemic could risk another world war, the head of Britain’s armed forces has warned.
Japan formally proclaims Crown Prince Akishino heir to throne
TOKYO — Japan formally proclaimed Crown Prince Akishino the first in line as heir to the throne on Sunday, the last of a series of ceremonies after his elder brother, Emperor Naruhito, became monarch last year following their father’s abdication.
‘I just couldn’t be silent’: How American women decided the 2020 presidential race
ARCHBALD, Pa, — Marygrace Vadala’s 82-year-old mother had been a fan of President Donald Trump since his days hosting the reality TV show The Apprentice. She enthusiastically voted for him in 2016.
Biden’s trade policy will take aim at China, embrace allies
WASHINGTON — President-elect Joseph R. Biden has pledged to work more closely with US allies in confronting China on trade, and is seen as...
Biden wins U.S. presidency, supporters celebrate in deeply divided nation
WILMINGTON, Del./WASHINGTON - Democrat Joe Biden won the U.S. presidential election on Saturday after a bitter campaign, sparking street celebrations among his supporters in...
Fed keeps policy steady as Biden inches closer to victory
WASHINGTON — The Federal Reserve kept its loose monetary policy intact on Thursday and pledged again to do whatever it can in coming months...
Experts spar over ethical question: Should we be paid to get COVID-19 shots?
LONDON — A suggestion by an ethics professor at a leading UK university that governments should pay citizens to get vaccinated against COVID-19 has...
Biden edges closer to White House as Trump mounts legal challenges
WASHINGTON — Democrat Joe Biden moved closer to victory in the US presidential race on Thursday as election officials tallied votes in the handful of states that will determine the outcome and protesters took to the streets.
Indonesia in recession for 1st time since 1998
JAKARTA — Indonesia fell into recession for the first time in over two decades in the third quarter as the coronavirus disease 2019 (COVID-19) pandemic battered consumption and business activity in Southeast Asia’s largest economy, official data showed on Thursday.