WORLD
US weekly jobless claims rise to 719K
In the week ending March 27, the number of Americans filing for unemployment benefits increased by 61,000 from the previous week's downwardly revised level of 658,000, according to a report released by the Department's Bureau of Labor Statistics (BLS) on Thursday.
Over 25 world leaders call for pandemic treaty: WHO chief
"The pandemic treaty would be a generational commitment to keeping the world safe from new pathogens with pandemic potential in the future," Xinhua news agency quoted WHO Director-General Tedros Adhanom Ghebreyesus while addressing a presser on Thursday.
'Job loss a concern for 40% workers worldwide'
Based on a survey of 32,000 workers conducted by consulting giant PwC in 19 countries, Xinhua news agency quoted the report as saying on Thursday that half of the respondents were optimistic about their future. The survey also highlighted that 60 per cent of the respondents were worried about the effects of automation and 56 per cent thought that fewer people would obtain longterm employment in the future.
Suez Canal to seek over $1bn compensation for losses caused by stuck ship
The compensation for the losses and damages will reach over 1 billion dollars Xinhua news agency reported citing SCA chairman Osama Rabie as saying This is the right of the state and we will not give it up.
US welcomes EU-led meeting between Iran, world powers
The meeting of the Joint Commission of the deal, officially known as the Joint Comprehensive Plan of Action (JCPOA), scheduled to take place on Friday, reports Xinhua news agency. "We obviously welcome this as a positive step," State Department spokesman Ned Price told reporters during a press briefing on Thursday.
US-Russia relations at lowest level: Foreign Minister Sergei Lavrov
In the US policy towards Russia, there is increased pressure in all fields and tougher rhetoric is nothing new, Xinhua news agency quoted Lavrov as saying in an interview with a local TV program on Thursday. He stressed that there are little chances for serious dialogue between Russia and the US if Washington continues to blame Moscow for the consequences of its own reckless policy.
US Treasury working with IMF on SDR allocation
"An allocation of IMF Special Drawing Rights would help build reserve buffers, smooth adjustments, and mitigate the risks of economic stagnation in global growth," Xinhua news agency quoted the Department as saying in a statement issued on Thursday.
In a first, US does not describe Tibet as 'inalienable part of China'
Reacting to the crucial development, the Central Tibetan Administration (CTA), headquartered in this northern India hill station, on Thursday said this year's report marks a victory for Tibetans, for the report's Tibet section does not describe Tibet as an "inalienable part of China", a departure from past reports.
Myanmar's ousted democratic leaders rescind Constitution
The Committee Representing Pyidaungsu Hluttaw CRPH, or Parliament, on Wednesday announced the Constitution would be invalid from March 31, reports dpa news agency. It is however unclear whether this move will have any consequences on the ground due to the February 1 military takeover of the country.
4 killed in California shooting
The incident took place on Wednesday evening in the city of Orange, 55 km southeast of Los Angeles, Xinhua news agency reported.The Orange Police Department said that they responded to reports of a shooting at around 5.30 p.m. and then found multiple victims at the scene including fatalities where shots were being fired.
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