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Mexican standoff imperils proposed 10M-barrel OPEC+ oil cut

Mexican standoff imperils proposed 10M-barrel OPEC+ oil cut

DUBAI, United Arab Emirates — A deal between OPEC and nations including Russia to boost oil prices involves a 10 million barrels per day cut until July, then an 8 million barrels per day cut through the end of the year, though the cartel said Friday

Asian shares steady after Wall St caps best week since 1974

BANGKOK — Asian shares are steady in quiet Good Friday trading after Wall Street closed out its best week in 45 years thanks to the Federal Reserve's titanic effort to support the economy through the coronavirus crisis.
Asian shares steady after Wall St caps best week since 1974

Asian shares steady after Wall St caps best week since 1974

BANGKOK — Asian shares are steady in quiet Good Friday trading after Wall Street closed out its best week in 45 years thanks to the Federal Reserve's titanic effort to support the economy through the coronavirus crisis.
B.C. ramps up mental health support for front-line health care workers, families

B.C. ramps up mental health support for front-line health care workers, families

VICTORIA — Two hundred psychologists in British Columbia are volunteering to provide free virtual counselling to front-line health workers as part of the province's efforts to ramp up mental health services for anyone who needs them.

Shaw suspends share buybacks amid economic uncertainty caused by COVID-19 impact

CALGARY — Shaw Communications executives said Thursday that the Freedom Mobile service won't meet its 2020 target for growing its subscriber base because the COVID-19 crisis has kept stores closed and customers distracted, but they said the lost reve

Alberta announces extra $1B to create jobs repairing roads, bridges, schools

EDMONTON — Alberta is adding $1 billion to its budget to repair more roads, schools, bridges and potholes as a way to create jobs during the COVID-19 pandemic.
A new $2.3 trillion Fed plan to aid localities and companies

A new $2.3 trillion Fed plan to aid localities and companies

WASHINGTON — The Federal Reserve unleashed a new series of moves Thursday to try to make loans available to states, localities and companies that have been hard hit by the coronavirus. In doing so, the Fed will pump an additional $2.
Pandemic has set the number of air travellers back decades

Pandemic has set the number of air travellers back decades

The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading the new coronavirus.
IMF head sees worst economic downturn since Great Depression

IMF head sees worst economic downturn since Great Depression

WASHINGTON — The coronavirus pandemic will push the global economy into the deepest recession since the Great Depression, with the world's poorest countries suffering the most, the head of the International Monetary Fund said Thursday.
16.8M Americans out of work; Easter celebrations move online

16.8M Americans out of work; Easter celebrations move online

NEW YORK — A staggering 16.8 million Americans lost their jobs in just three weeks in a measure of how fast the coronavirus has brought world economies to their knees.