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Abu Dhabi borrows $7bln as low oil price bite

The emirate of Abu Dhabi said Sunday it had sold $7 billion of bonds in the third major sale this month by Gulf sovereigns seeking to counter slumping oil prices. OPEC kingpin Saudi Arabia last week raised $7 billion in a bond sale, while gas-rich Qatar sold bonds worth $10 billion two...

Indian labourers stuck in pandemic camps long to go home

Tens of thousands of stranded labourers have been herded into camps and shelters across India like the Yamuna sports complex in Delhi where their suffering has been forgotten amid the world's biggest coronavirus lockdown. Once used for the 2010 Commonwealth Games, the air is now rank with...

Fearful but impatient, Italy edges toward end of lockdown

Italians debated Sunday their first cautious steps out of a coronavirus lockdown that has left an estimated half of the working population seeking government support. The Mediterranean country has been filled with rumours and speculation about when people will finally be allowed to walk the...