EU strikes rescue deal as hopes rise of virus easing | The Malaysian Insight

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EU strikes rescue deal as hopes rise of virus easing

A family applaud from their balcony, adorned with a banner reading ‘Everything will be ok’ in Valencia as Spain continues its national lockdown. – AFP pic, April 10, 2020.

TENTATIVE signs of hope emerged that the coronavirus pandemic was peaking, as the European Union sealed a rescue package to help the hard-hit continent. With the death toll passing 93,000, there remained plenty of grim news, with the IMF warning that the world was dipping into a new Great Depression and new data showing the United States has shed a massive 17 million jobs in a matter of weeks.

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