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Coronavirus death toll surges as fears grow for Chinese economy

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The death toll from the coronavirus epidemic in mainland China soared past 1,000 on Tuesday with a record daily rise in fatalities, while the prolonged disruption to factories and businesses played havoc with the world’s second-largest economy. Hundreds of Chinese firms say they will need billions of dollars in loans ...

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Philippines to terminate troop agreement with US

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President Rodrigo Duterte, who has openly disapproved of the military alliance, made the decision after an ally’s visa was rescinded   Rodrigo Duterte, president of the Philippines, has told his foreign minister to give formal notice to the United States of his termination of a visiting forces agreement (VFA) between ...

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Coronavirus: death toll passes Sars virus as dozens more die in Wuhan

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Wuhan hospitals need more staff and supplies as residents describe increasingly desperate conditions   Dozens more people have died in the city at the centre of China’s coronavirus outbreak, where hospitals are severely undersupplied and understaffed and residents have described increasingly desperate conditions. Chinese state media reported 57 new deaths ...

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Lebanon banks tighten withdrawal caps, sparking outcry

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Major banks in Lebanon began tightening banking controls this month, halving the amount of dollars depositors are allowed to withdraw every month, despite growing public anger. Faced with a dollar liquidity crunch, banks have imposed informal controls on dollar withdrawals and transfers abroad since September amid widespread anti-government protests and ...

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