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Merkel gives go-ahead for Bundesliga to resume in mid-May

Berlin, Germany | AFP | German Chancellor Angela Merkel and state leaders on Wednesday gave the Bundesliga the green light to restart behind closed doors from mid-May after weeks of shutdown imposed to control the spread of the coronavirus. The political blessing makes the German top-flight the first of Europe’s five …

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Germany eyes accelerated return to normality

Berlin, Germany | AFP |  Germany is eyeing an almost complete return to normality in May, with plans to send all pupils back to school and to restart the top-flight football Bundesliga, according to a draft agreement seen by AFP Wednesday. “Even after initial steps to open up were introduced from …

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US trade deficit widens in March on record export drop

Washington, United States | AFP | US exports plunged 9.6 percent in March — the biggest monthly decline on record — increasing the trade deficit to $44.4 billion as the coronavirus pandemic disrupted global commerce, according to government data released Tuesday. While widespread business shutdowns in the United States did not …

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Russia reports more than 10,000 new virus cases

Moscow, Russia | AFP | Russia cemented its place as the European country reporting the highest number of new coronavirus infections Tuesday as its total cases soared passed 155,000. Yevgeny Mikrin, chief designer at Energia, Russia’s top producer of spacecraft, has died from the coronavirus, becoming one of the infection’s highest-profile victims in the country, …

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‘Promising’ virus-fighting antibody found: study

Paris, France | AFP | An antibody that can stop the new coronavirus infecting cells in laboratory tests has been identified by researchers in the Netherlands, in what scientists say could help the development of therapies for COVID-19. The antibody neutralised the new coronavirus, according to the research published in Nature Communications, and the authors …

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Oil collapse wipes out profits at Total

Paris, France | AFP | Total said Tuesday its quarterly profit fell by 99 percent because of dropping oil prices and announced it would slash investments in response to ongoing turmoil in crude markets. The French oil major reported a net profit of $34 million for the first quarter, against $3.1 billion a year earlier. …

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Top German judges to rule on massive ECB economic support

Frankfurt am Main, Germany | AFP |  Germany’s top court will rule Tuesday on mass bond-buying by the European Central Bank, a tool the Frankfurt institution has deployed like never before to cushion the impact of the coronavirus. “Will Germany’s supreme court constrain the European Central Bank’s response to the worst …

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