Wednesday, 8 May 2024

Japan eyeing second extra budget worth over $1.3 trillion: Report

UK PM's adviser has been reported to police over lockdown journey- Daily Mirror

LONDON, May 24 (Reuters) – British Prime Minister Boris Johnson’s aide Dominic Cummings, who is under pressure over a long journey made while coronavirus restrictions were in place, has been reported to police over an alleged breach of the lockdown, the Daily Mirror said.

A spokesman at Johnson’s Downing Street did not offer an immediate comment when contacted by Reuters. Durham police could not immediately be reached for comment. (Reporting by Costas Pitas, Editing by Timothy Heritage)

Iran’s Trade Body Says All Businesses to Resume Starting Tuesday

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Businesses in Iran, including those deemed “high risk,” should resume work Tuesday, the state-run Islamic Republic News Agency reported, citing the head of the Tehran Chamber of Trade Unions.

The advice is based on guidance from the government’s coronavirus task force, according to Qassem Nodeh Farahani, head of the trade body, IRNA said.

The so-called high-risk businesses include restaurants, cafes, gyms, saunas and wedding halls, Nodeh Farahani said, adding that they have to keep abiding by social-distancing rules.

Religious shrines and mosques will reopen Monday, after the Muslim holiday of Eid, Iranian President Hassan Rouhani said Saturday.

Earlier on Sunday, Iran’s health ministry said the number of confirmed coronavirus cases had reached 135,701 and about 7,417 people had died. Official figures show that new cases have been increasing at an average rate of 5.7% each day since May 2.

Iran Reports Highest Daily Coronavirus Cases Since April 10

Iran, the initial epicenter of the pandemic in the Middle East, began easing some lockdown restrictions on April 11 to keep its sanctions-hobbled economy afloat.

Pets rescued after Winnipeg fire

Multiple pets were rescued after a fire early Sunday morning.

The Winnipeg Fire Paramedic Service responded to a fire in a two-storey, multi-family home in the 600 block of Agnes Street at 3:27 a.m.

When crews arrived on scene, they saw smoke and flames coming from the building and extinguished the fire about 20 minutes later.

Rockies vs. Phillies MLB The Show 20 live stream, May 24, 2020

With the start of the Major League Baseball season postponed due to the coronavirus pandemic, we here at The Denver Post took a look at how the Rockies would fare in MLB The Show 20 on PlayStation 4. We will have a story for every game that had been scheduled until real-life baseball returns. Here’s a look at the virtual Rockies’ preseason preview. Entering Sunday’s game, the Rockies were 35-15.

German Marquez (6-3) takes the mound for Colorado against Philadelphia’s Zack Wheeler (5-4) on Sunday. The live stream will begin at 3:10 p.m. MT.

Mobile users, if you can’t see the video, tap here.

24-year-old man shot in attempted murder in Rivière-des-Prairies: Montreal police

Montreal police are investigating after a 24-year-old man was shot in Montreal’s Rivière-des-Prairies neighborhood on Saturday evening.

Police say they were dispatched to the scene at 9 p.m. and the victim was brought to hospital without fear for his life.

U.K. Draws Up Plan to Save Strategically Important Companies: FT

Britain’s finance minister, Rishi Sunak, has authorized a plan to save strategically important companies, the Financial Times reported, citing details shared with the newspaper by the Treasury.

Under the plan, the government would rescue companies in exceptional circumstances to save those whose failure would “disproportionately harm the economy,” the Financial Times reported.

Sunak has increased the Treasury’s capacity to handle bailouts of “viable companies which have exhausted all options,” the report said. Any support would be on a “last resort basis,” the newspaper reported.

Sunak’s allies told the newspaper that the Treasury would not initially seek equity stakes in struggling companies, preferring to extend loans.

Japan eyeing second extra budget worth over $929 bln – Nikkei

TOKYO, May 25 (Reuters) – Japan’s government is considering compiling a second extra budget for the current fiscal year worth over 100 trillion yen ($929.45 billion) to combat the economic fallout from the coronavirus pandemic, the Nikkei newspaper reported on Monday.

The budget will include 60 trillion yen for expanding low-interest rate loan schemes for firms hit by the pandemic, and 27 trillion yen for other financial aid programmes, the paper said, without citing sources.

The government is expected to approve the budget at a cabinet meeting on Wednesday.

Japan eyeing second extra budget worth over $1.3 trillion: Report

TOKYO (REUTERS) – Japan’s government is considering compiling a second extra budget for the current fiscal year worth over 100 trillion yen (S$1.32 trillion) to combat the economic fallout from the coronavirus pandemic, the Nikkei newspaper reported on Monday (May 25).

The budget will include 60 trillion yen for expanding low-interest rate loan schemes for firms hit by the pandemic, and 27 trillion yen for other financial aid programmes, the paper said, without citing sources.

The government is expected to approve the budget at a Cabinet meeting on Wednesday.

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