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Added on the 03/09/2020 10:18:32 - Copyright : Euronews EN
Shah Alam, Jan 18 (EFE/EPA).- The Prime Minister of Malaysia, Muhyiddin Yassin, announced Tuesday an additional stimulus package worth around $3.7 billion to strengthen the economy in the Asian country after it was hard-hit by the coronavirus pandemic.The package is known as ' Malaysian Economic and People Protection Assistance Package' (PERMAI) and its initiatives will be based on three main objections, which are to combat the Covid-19 pandemic, to ensure the welfare of the people, and to support the survival of businesses. Malaysia has so far recorded over 150,000 confirmed cases and 601 deaths of the COVID-19. (Camera: FAZRY ISMAIL).SHOT LIST: MEDICAL PERSONNEL PREPARE FOR A SWAB CORONAVIRUS TESTING AT SHAH ALAM, OUTSIDE KUALA LUMPUR, MALAYSIA.
The United States, Saudi Arabia, the European Union, the United Arab Emirates and others launch an initiative to link railways, ports, electricity and data networks and hydrogen pipelines on the sidelines of the Group of 20 summit in New Delhi. IMAGES
The Lebanese pound sinks to a historic low against the dollar on the parallel market, as banks in the crisis-hit country resumed an open-ended strike. The Lebanese pound, officially pegged at 15,000 to the dollar, was trading at 100,000 against the greenback on Tuesday, dealers said -- a dizzying plunge from 1,507 before the economic crisis hit in 2019. IMAGES
France's finance minister Bruno Le Maire, praised the agreement reached between social partners on the sharing of value in companies, described as "historic" for all employees of Small and medium-size enterpresises (SMEs), at the conclusion of a Renaissance Convention in Paris on this theme. SOUNDBITE
The IMF hopes to mobilise 100 billion dollars from the world's richest countries to be distributed to countries in need, including the Democratic Republic of the Congo, says chief Kristalina Georgieva in Kinshasa during her first trip to Africa since start of Covid-19 pandemic. SOUNDBITE
President Joe Biden plans to sign into law a $1.9 trillion stimulus plan aimed at lifting the United States from an economic slump triggered by the year-long coronavirus pandemic on Friday. "We expect that delivery to happen sometime tomorrow and then the president will sign it on Friday," says White House press secretary Jen Psaki. SOUNDBITE