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China successfully launches first Mars mission

Wenchang, China | XINHUA | China launched a Mars probe on Thursday, aiming to complete orbiting, landing and roving in one mission, and taking the first step in its planetary exploration of the solar system. A Long March-5 rocket, China’s largest launch vehicle, carrying the spacecraft with a mass of …

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EU’s massive recovery package boosts European stock market

Brussels, Belgium | XINHUA | The European Union’s (EU) landmark economic recovery package has largely underpinned the region’s stock market with major shares closing above four-month highs on Tuesday, lifting investor sentiment across the continent amid the ravaging COVID-19 pandemic. After five days of intense marathon negotiations, the 27-member bloc …

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UNICEF chief says COVID-19 worsens global childcare crisis

Kampala, Uganda | XINHUA | The COVID-19 “pandemic is making a global childcare crisis even worse,” Henrietta Fore, head of the United Nations International Children’s Fund (UNICEF), warned Tuesday. Fore’s remark came after the release of a UN study that shows at least 40 million children have missed out on …

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Expert warns Europe of “American trap” over Huawei ban

Madrid, Spain | XINHUA | Europe should resist U.S. pressure to isolate China and remain independent in its decision making in the face of so-called security concerns, a Spanish expert has said. “If the U.S. wants to include Europe in its ‘anti-China’ strategy because it does not want anyone to …

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U.S. dollar weakens following EU stimulus deal

New York, US | XINHUA | The U.S. dollar dropped noticeably in late trading on Tuesday as the euro extended gains after European Union (EU) leaders reached a deal on a massive stimulus plan for their coronavirus-battered economies. The dollar index, which measures the greenback against six major peers, fell …

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