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COVID-19: ILO predicts 195 million job losses, 400 million in India will fall deeper into poverty

The coronavirus pandemic can wipe out 6.7 per cent of working hours globally in the second quarter of 2020, which is equivalent to 195 million full-time workers. This number far exceeds the effects of the 2008-09 financial crisis, the International Labour Organization (ILO) warned on Tuesday.

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EU: Poland, Hungary, Czech Republic Broke EU Law

The ruling effectively removes the sovereignty of EU member states to make their own decisions regarding the keeping of public law, order and national security in the case of EU migration policies, if those decisions conflict with EU obligations.

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Coronavirus: The Looming Collapse of Europe's Single Currency

In Spain, which recently overtook Italy as the epicenter of the coronavirus in Europe, Prime Minister Pedro Sánchez committed €200 billion — 20% of the country’s GDP — to alleviate the economic and social consequences of the pandemic. When asked how he would pay for that amount of spending, Sánchez …

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