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The coronavirus pandemic has claimed over 16,000 lives and infected over 460,000 people in the US, devastating the country’s economy and rendering a record 16 million workers jobless in just three weeks. Of this, the New York metropolitan area, comprising the adjoining New Jersey and Connecticut, alone account for more than 9,000 and 220,000 cases respectively. Globally, over 1.5 million people have been infected so far by the coronavirus and the fatalities stands at nearly 95,000. The United States accounts for nearly 30 per cent of the all the COVID-19…

In a relief to liquor baron Vijay Mallya, the High Court in London has deferred hearings on a plea by the SBI-led consortium of Indian banks, seeking the indebted tycoon to be declared bankrupt to enable them recover a loan of around 1.145 billion pounds from him. Justice Michael Briggs of the insolvency division of the High Court granted relief to Mallya, ruling that he should be given time till his petitions to the Supreme Court of India and his settlement proposal before the Karnataka High Court be determined, allowing…

Iran’s supreme leader suggested Thursday that mass gatherings in the Islamic Republic may be barred through the holy Muslim fasting month Ramadan amid the coronavirus pandemic. Supreme Leader Ayatollah Ali Khamenei made the comment in a televised address as Iran prepares to restart its economic activity while suffering one of the world’s worst outbreaks. He is also the highest-ranking official in the Muslim world to acknowledge the holy month of prayer and reflection will be disrupted by the virus and the COVID-19 illness it causes. “We are going to be…