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Japan PM Abe says country at critical stage

Japanese Prime Minister Shinzo Abe says the country is at a critical stage in dealing with coronavirus infections but not at a point to declare a state of emergency. Abe says Japan has managed to keep clusters under control by carefully following infection routes. But the initial...

IMF head says global economy now in recession

The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn. IMF Managing Director Kristalina Georgieva said the 189-nation lending agency was forecasting a recovery in 2021,...