Nguyen Quoc Hung, director of the SBV’s credit department, said most banks have agreed to lower their interest rates by 0.5-1 percentage point and scrap fees on payments and transfers for businesses affected by the disease. … [Read more...] about Banks to offer credit incentives to save businesses from coronavirus-induced woes
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Marlene Rivadeneira, an unemployed 53-year-old, is hoping for a miracle to save her 60-year-old sister Isabel, who was taken to the emergency room on Sunday directly from her prison cell where she was serving a five-year sentence over a traffic accident. … [Read more...] about Waiting for news of the dead at the heart of Ecuador’s virus outbreak
The carriers' reputation is in a weak position in these talks: they've spent $39 billion over the last five years pampering their shareholders, S&P Dow Jones Indices calculated, rather than preparing for a crisis like the one that now jeopardises their survival. … [Read more...] about Trump says airline rescue plan coming soon
PFA Chairman Gordon Taylor - PHOTO: REUTERS LONDON (REUTERS) - Premier League footballers were unfairly asked by the British government to take a paycut during the coronavirus outbreak when hedge-fund managers and bankers were not subjected to similar demands, players’ union chief Gordon Taylor has said. … [Read more...] about PFA chief Taylor slams UK government for singling out footballers
The industry does that for two reasons - it saves a fortune in tax, and it means that they don't have to follow American or European labour laws. This allow the companies to recruit cheap workers from developing countries, pay them less, and work them harder. … [Read more...] about Will we ever take cruise holidays again?