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Day: May 11, 2020

Saudi triples VAT, suspends handouts in virus-led austerity drive

Saudi Arabia unveiled plans Monday to triple its value added tax and halt monthly allowances to citizens as part of a series of austerity measures amid record low oil prices and a coronavirus-led economic slump. The measures, which state media said would boost state coffers by 100 billion […]

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Indian start-ups get creative as coronavirus crisis fuels funding crunch

BENGALURU – Samik Sarkar was managing to eke a profit out of his online apparel store before the coronavirus crisis hit India, forcing the 36-year old to reinvent his business overnight. “I started selling masks because that’s all I could sell,” Sarkar said. “I have salaries to pay.” […]

India to restart some passenger trains even though coronavirus infections jump

NEW DELHI – India announced a limited re-opening of its giant rail network beginning on Tuesday after a nearly seven-week lockdown, despite also reporting its biggest single-day jump in coronavirus cases. Prime Minister Narendra Modi has faced increasing calls to end his government’s stringent lockdown of the nation’s […]

Europe emerges from confinement, but Asia infections spike

Swathes of Europe began the long process of reopening from coronavirus lockdowns on Monday, but the first new infections in weeks at China’s ground zero offered a sobering reminder of the dangers of a second wave of cases. The mixed fortunes illustrate the high-wire act governments face across […]

New week brings new challenges for White House

WASHINGTON — The Trump administration’s leading health experts on safely dealing with the novel coronavirus will be testifying in a Senate hearing by a videoconference this week after three of them and the committee’s chairman were exposed to people who tested positive for COVID-19. Adding to a string […]

Jerry Stiller, comedian and ‘Seinfeld’ actor, dies at 92

NEW YORK — Comedy veteran Jerry Stiller, who launched his career opposite wife Anne Meara in the 1950s and reemerged four decades later as the hysterically high-strung Frank Costanza on the smash television show “Seinfeld,” died at 92, his son Ben Stiller announced Monday. He died of natural […]

Iran friendly fire missile strike in drill kills 19 sailors

TEHRAN, Iran — An Iranian missile fired during a training exercise in the Gulf of Oman struck a support vessel near its target, killing 19 Iranian sailors and wounding 15, Iran’s military and state media said Monday, amid heightened tensions between Tehran and Washington. The statement significantly raised […]

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