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Jakarta sinks deeper as subsidence worsens flood risks

IMF approves $3.4 bn for Nigeria to address coronavirus

The IMF board on Tuesday approved US$3.4 billion in emergency financing for Nigeria to help deal with the economic damage inflicted by the coronavirus pandemic.

Oil rebounds, but gains capped by virus worries

Oil prices rebounded Wednesday but gains were capped due to concerns about a collapse in demand due to the coronavirus pandemic and storage capacity running low.

Aviation industry warns of cargo capacity shortfall

The global aviation industry warned Tuesday of a severe cargo capacity shortage as airlines around the world slash jobs and suffer plunges in profits due to the coronavirus crisis.

Security Council looks to 3-month 'humanitarian pause' in global conflicts

The UN Security Council plans to call for a 90-day "humanitarian pause" in conflicts worldwide as part of the ongoing struggle against the COVID-19 pandemic, according to a draft resolution on Tuesday.

US records 1,303 coronavirus deaths in 24 hours: Johns Hopkins

The United States recorded 1,303 more novel coronavirus deaths in the past 24 hours, according to figures reported late Monday by the Johns Hopkins University, with confirmed US cases nearing one million.

South Korea reported 14 more cases of the new coronavirus on Tuesday, bringing the nation's total infections to 10,752.

France to reveal how virus lockdown will be eased

France will on Tuesday reveal how it plans on May 11 to lift its six-week-old lockdown to combat the coronavirus, with cafes set to stay shut but schools controversially being allowed to reopen.

Trump says he knows how N.K. leader is doing but can't talk about it yet

US President Donald Trump said on Monday that he knows how North Korean leader Kim Jong-un is doing and wishes him well amid speculation he may be gravely ill, but refused to offer details.

Military spending saw biggest increase in a decade in 2019: study

Global military expenditure saw its biggest uptick in a decade in 2019, researchers said on Monday, marking the first year two Asian countries were among the top three spenders.

Conte unveils plan for Italian life after lockdown

Prime Minister Giuseppe Conte promised Italians on Sunday they would soon be allowed to stroll in parks and visit relatives as the country emerges from the world's longest coronavirus lockdown.

Egypt seeks aid from IMF amid virus-inflicted downturn

Egypt is seeking an aid package from the International Monetary Fund to offset the economic impact of the coronavirus pandemic, Prime Minister Mostafa Madbouli said on Sunday.

Israel's Labour party agrees to join Netanyahu-led coalition

Israel's left-wing Labour party, traditionally a staunch opponent of right-wing Prime Minister Benjamin Netanyahu, voted on Sunday to join a coalition government he is set to lead.

PM Johnson back to work as UK virus problems mount

British Prime Minister Boris Johnson returns to work on Monday more than three weeks after being hospitalised for the coronavirus and spending three days in intensive care.

Virus toll nears 200,000 as UN pushes for global vaccine effort

The global coronavirus death toll approached 200,000 on Saturday as the United Nations launched an international push for a vaccine to defeat the pandemic.

Saudi announces Ramadan starts Friday amid virus fears

"I am pained that the holy month arrives amid circumstances that make us unable to perform group prayers and Taraweeh -- special Ramadan night prayers -- at mosques due to precautionary measures to protect the peoples' lives and health in combating the coronavirus pandemic," the king said in a statement cited by SPA.