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ECB eases bank funding rules in 'unprecedented' step

The European Central Bank on Tuesday announced an "unprecedented" easing of collateral requirements in a bid to boost bank lending during the coronavirus crisis. The package of measures aims to "mitigate the tightening of financial conditions across the euro area" and includes the use of...

Shelling Tripoli hospital violation of int. law: UN

The United Nations on Tuesday condemned the heavy shelling of Tripoli's Al Khadra General Hospital at a time when people need "functioning medical facilities," saying it was a "clear violation of international law." Jens Laerke, spokesman for the UN Office for the Coordination of...