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Ending lockdowns no guarantee of quick economic rebound: IMF

Business shutdowns amid the coronavirus pandemic imposed an economic cost, but removing restrictions is no guarantee of a quick recovery unless the virus is defeated, the IMF said Thursday. Voluntary social distancing played nearly as large a role in the economic impact of Covid-19 as the...

Despite virus shutdown, North Korea to stage huge parade

Eight months into a strict, coronavirus-triggered border shutdown, nuclear-armed North Korea is widely expected to stage an attention-grabbing display of its latest and most advanced weaponry at a mass military parade in Pyongyang on Saturday. The cavalcade will mark the 75th anniversary of...