Weak dollar no boon for emerging markets this time

LONDON/NEW YORK (Reuters) – Typically a boon for emerging markets, this year’s plunge in the U.S. dollar may fail to boost the developing world’s prospects as the raging pandemic hits economic activity, increases poverty and exposes weak policymaking. The greenback

Venezuela produce market is at center of Caracas COVID-19 outbreak

CARACAS (Reuters) – Venezuela capital Caracas’ largest produce market is at the center of a worsening COVID-19 outbreak, but cash-strapped merchants refuse to stop hawking food there for the city’s 5 million residents, many of whom are starving. Three days

Fed policymakers call for fiscal support to save U.S. economy

(Reuters) – The U.S. economy, battered by a resurgence in the spread of COVID-19, needs increased government spending to tide over households and businesses and broader use of masks to better control the virus, U.S. central bankers said on Monday.

Next big COVID-19 treatment may be manufactured antibodies

(Reuters) – As the world awaits a COVID-19 vaccine, the next big advance in battling the pandemic could come from a class of biotech therapies widely used against cancer and other disorders – antibodies designed specifically to attack this new