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Minister of Canadian heritage Steven Guilbeault commented: “With this measure, we are responding to the needs of Canadian audiovisual producers who are severely affected by the pandemic. We will save jobs and continue to encourage creativity in this industry. Our government is proud to support the Canadian film and television industry, which plays an important role in the social, cultural and economic development of our country.”

Canada offers $37 million fund for virus-hit film productions

The government of Canada has launched a fund to make up to $37m (c$50m) available to compensate Canadian productions for COVID-19-related filming delays.
Workers are seen underground South Africa's Gold Fields South Deep mine in Westonaria, 45 kilometres south-west of Johannesburg, South Africa, March 9, 2017. REUTERS-Siphiwe Sibeko-File Photo

World’s gold miners wary of production ramp-up despite price surge

The world’s top gold miners are retrenching after COVID-19 related shutdowns despite record prices for the yellow metal, with cost-conscious executives prioritizing investor returns over production growth.
Shoppers stock up on groceries as they wear protective masks to contain coronavirus at a Makro store in Johannesburg, South Africa, March 16, 2020. REUTERS-Siphiwe Sibeko-File Photo

Sub-Saharan Africa GDP to contract 3.1% this year

Sub-Saharan Africa’s economy will contract this year after shutdowns disrupted activity and as daily cases of coronavirus are still rising in the region but a recovery is expected next year, a Reuters poll found on Friday.
Director of Pandemic and Epidemic Diseases Department at the World Health Organization (WHO) Frenchwoman Sylvie Briand poses after an interview with AFP outside the UN agency’s headquarters on May 12, 2020 in Geneva. – Briand said the UN agency was “surprised” by the lack of preparedness of some countries to deal with the coronavirus epidemic. (Photo by Fabrice COFFRINI / AFP)

WHO warns virus may be here to stay as toll nears 300,000

The coronavirus may never go away and populations will have to learn to live with it just as they have HIV, the World Health Organization has warned, as the global death toll from the disease nears 300,000.
US President Donald Trump has fired a fresh salvo at the World Health Organization, accusing its chief of siding with China and “politicising” the coronavirus pandemic while repeating his threat to freeze the UN agency’s funding.

US borrows $3 trillion as coronavirus bites harder

The U.S. Treasury announced its borrowing will reach a record $3 trillion in the current quarter, as the coronavirus batters the economy and government spending increased, including through massive stimulus programmes.

US senator calls for a criminal antitrust probe into Amazon

Sen. Josh Hawley (R-MO) is calling on federal prosecutors to open a criminal antitrust investigation into Amazon, as laid out in a letter released on Tuesday.
Every evening after the sun sets, families usually gather to eat together, and many go to the mosque to pray, two activities which will not be possible this year. Image Credit: AFP

Saudi relaxes virus lockdown except in hotspot Mecca — in pictures

Saudi Arabia on Sunday partially eased a 24-hour curfew in place to combat the coronavirus pandemic, except for in hotspots including the Muslim holy city of Mecca.
FILE - New York Governor Andrew Cuomo delivers remarks at a news conference regarding the first confirmed case of coronavirus in New York State in the Manhattan borough of New York City, March 2, 2020.

New York on coronavirus ‘descent’ as nationwide deaths top 40,000

Hospitalisation rates and reported deaths from the novel coronavirus continued to decrease in New York state on Sunday as Governor Andrew Cuomo said his state appears to be past a plateau of coronavirus cases.
A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo. REUTERS-Kim Kyung-Hoon

World Bank: Sub-Saharan Africa to fall into recession in 2020

The rapidly-spreading coronavirus outbreak is expected to push sub-Saharan Africa into recession in 2020 for the first time in 25 years, the World Bank said in a new forecast on Thursday.
Mr Adeyemi Olutoye, Founder of an online pharmaceutical shop, Drugstore .ng, says establishment of online pharmacies will address the shortage of drugs supply in Nigeria.

APN: Fake news on coronavirus can increase health issues

The Association of Psychiatrists of Nigeria (APN), has warned that fake news on COVID-19 pandemic could cause significant emotional distress to Nigerians and increase the rate of mental health problems in the country.
Organisation of Petroleum Exporting Countries (OPEC) | Reuters

Oil prices plunge deeper as doubts grow over output cut deal

Oil prices fell sharply Monday after a meeting to discuss output cuts between OPEC and its allies was delayed, dimming hopes of swift action to support coronavirus-ravaged energy markets.
Hungary’s Prime minister Viktor Orban looks on as he is welcomed by French President in the courtyard of the Elysee presidential palace before their meeting on October 11, 2019 in Paris. (Photo by Ludovic MARIN - AFP)

Hungary prepares $30bn package to jump-start economy

Hungary is preparing to announce a roughly $30 billion package of measures to help jump-start the economy amid the coronavirus outbreak, a top government official said on Saturday.

Bill Gates: America missed opportunity to stay ahead of coronavirus

The novel coronavirus has infected more than 1,016,000 people and killed over 53,000 worldwide, according to Johns Hopkins University.
Saudi authorities have seized more than five million medical masks that were illegally stockpiled amid the coronavirus outbreak, state media reported on Sunday.

Saudi seizes five million illegally stored medical masks

Saudi authorities have seized more than five million medical masks that were illegally stockpiled amid the coronavirus outbreak, state media reported on Sunday.
South Africa has begun an lockdown that will be patrolled by the military and will see any disobeying the rules heavily punished

South Africa begins ‘unprecedented’ military-patrolled lockdown

South Africa came under a nationwide military-patrolled lockdown on Friday, joining other African countries imposing strict curfews and shutdowns in an attempt to halt the spread of the coronavirus across the continent.
Ford Motor Co said on Monday it has decided to temporarily halt vehicle and engine production at its factories in India, South Africa, Thailand and Vietnam in response to the growing impact of the coronavirus.

Ford decides to halt production in India, South Africa on coronavirus impact

Ford Motor Co said on Monday it has decided to temporarily halt vehicle and engine production at its factories in India, South Africa, Thailand and Vietnam in response to the growing impact of the coronavirus.

Report: African countries lost over $2 billion to Internet shutdowns

Twelve African economies lost out on over $2.16bn in economic activity last year due to Internet blackouts and social media shutdowns, according to a new report.
Rohingya refugees shop during a rainfall in a market place at Kutupalong refugee camp in Ukhia on September 12, 2019. (Photo by MUNIR UZ ZAMAN - AFP)

UN experts urge probe of Rohingya killings in Bangladesh

UN human rights experts have raised new concerns about the treatment of Rohingya refugees in Bangladesh following a deadly backlash over the killing of a ruling party official.

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World 100m champion suspended for two years

World champion sprinter Christian Coleman has been banned from athletics for two years for anti-doping violations, the Athletics Integrity Unit announced on Tuesday.
The Head of the Civil Service of the Federation, Dr Folasade Yemi-Esan, issued the threat in a circular marked HCSF-109-S.1-120 with the title, ‘Unauthorised circulation of official documents-information on social media.’

Nigerian government okays 1,500 civil servants for SMAT-P training

A total of 1, 500 civil servants have been selected to participate in the second batch of the Structured Assessment-Based Training Programme, SMAT-P, by the federal government, Head of the Civil Service of the Federation, Dr. Folasade Yemi-Esan, has said.
Minister of Interior Ogbeni Rauf Aregbesola, who made the announcement in Abuja at a world press conference, explained that in arriving at the amnesty various issues were looked at and several options considered.

Nigerian government declares Thursday public holiday for Eidul-Mawlid celebration

The Federal Government has declared Thursday, October 29, 2020 a public holiday, according to the Ministry of Interior.
The new minister of State for Budget and National Planning, Clement Agba, has charged staff of the ministry to work harder and smart to realize the Next Level agenda of the federal government.

Nigeria receives $26.9 billion foreign support in six years – minister

Agba made this known on Tuesday in Abuja while briefing the House of Representatives Committee on Civil Society and Development Partners on Donor Funds Receipts, Transfers and Disbursement to Government Agencies, Civil Society and Non-Governmental Organisations in Nigeria.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Stock market sustains gains, advances by 0.7 per cent

The Nigerian equities market maintain a positive stance, on Tuesday, as the local bourse inched up by 0.70 per cent.