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Added on the 28/05/2020 11:47:48 - Copyright : AFP EN
UN chief Antonio Guterres calls for "massive investments" to help Pakistan recover from last year's devastating floods. "Rebuilding Pakistan in a resilient way will run in excess of 16 billion US dollars, and far more will be needed in the longer term," the UN's Secretary-General tells an international conference in Geneva, which is seeking billions of dollars in donor pledges and other support for the flood-hit country. SOUNDBITE
"Our expectation is in the second half of the year we would see the European economies on a sound recovery path," Kristalina Georgieva, the managing director of the International Monetary Fund, says in remarks ahead of the spring meetings of the IMF and the World Bank. SOUNDBITE
EU Council President Charles Michel says he is "convinced" an agreement on a massive post-coronavirus recovery package is "possible", hoping to end four days of deadlock at a summit in Brussels. SOUNDBITE
Facebook founder Mark Zuckerberg urges the European Union to take the lead in setting global standards for tech regulation or risk seeing countries follow China as a model. SOUNDBITE
European Commission President Ursula von der Leyen announces that the EU will propose a bloc-wide guarantee that could raise 100 billion euros ($109 billion) to aid strained national unemployment schemes as millions of jobs are hit by efforts to slow the coronavirus outbreak. SOUNDBITE
EU Commission President Ursula von der Leyen hails the EU parliament's adoption of a contentious asylum policy reform as a "huge achievement for Europe". The parliament's main political groups overcame opposition from far-right and far-left parties to pass the new migration and asylum pact -- a sweeping reform nearly a decade in the making. SOUNDBITE
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