South Korea Slumps Into Recession

South Korea Slumps Into Recession

South Korea’s economy fell into a recession as it diminished in dimension for a second consecutive quarter, as the worldwide coronavirus pandemic took a heavy toll on the export-reliant country. Sinful domestic product shrank by 3.3% within the second quarter…

U.S. Orders China to End Its Houston Consulate

U.S. Orders China to End Its Houston Consulate

The U.S. ordered China to shut its consulate in Houston, with officers accusing it and other Chinese diplomatic missions of commercial espionage and visa fraud, an unparalleled escalation in a deteriorating relationship. U.S. officers said Wednesday that the Houston consulate…

Italy Approves Coronavirus Spending Equipment

Italy Approves Coronavirus Spending Equipment

ROME—The Italian authorities permitted a new €25 billion ($28.94 billion) spending equipment late Wednesday, a day after European Union leaders agreed on a €1.8 trillion equipment aimed in huge part to attend Italy and other southern European countries blunt the industrial affect…