Victims of Australia's catastrophic bushfires are still living in tents, garages and makeshift shelters months after the blazes ended, with efforts to rebuild their lives hampered by the coronavirus pandemic. As quoted by AFP.com ( 27/5) inside a small tin shed on Australia's southeast coast, a family of six takes refuge from the cold as the southern hemisphere winter begins to bite. The structure -- chock-full of toys and beds -- has been home to 51-year-old Anita Lawrence and five of her children since February. She had been in Tasmania when fires ripped through the area, torching materials ready to build a new home and new life for her family//AFP
Equities were mixed Wednesday as profit-taking and worries about deteriorating China-US relations were weighed against optimism over the gradual reopening of economies around the world. As quoted by AFP.com ( 27/5) Hong Kong extended losses as police fired pepper-ball rounds as anti-China protesters took to the city's streets, with investors fearing the demonstrations could erupt into the worst unrest since last summer. The broad trend across global markets has been upward for weeks as virus deaths and infections ease in most countries and governments begin to reopen their battered economies, fanning hopes for a recovery in the second half of the year. Confidence has also come from mind-boggling amounts of stimulus and central bank pledges of support, with the latest coming from the eurozone, where European Commission President Ursula von der Leyen is due to unveil a trillion-euro revival plan for the bloc. However, there was little fresh desire for risk assets with eyes on the simmering row between the world's top two economies, fuelled by Donald Trump's barracking of China over its role in the pandemic, and made worse this week by Beijing looking to tighten its grip on Hong Kong//AFP.
US President Donald Trump threatened Wednesday to shutter social media platforms after Twitter for the first time acted against his false tweets, prompting the enraged Republican to double down on unsubstantiated claims and conspiracy theories. As quoted by AFP.com ( 27/5) Twitter tagged just two of Trump's tweets in which he'd claimed that more mail-in voting would lead to what he called a "Rigged Election" this November. There is no evidence that attempts are being made to rig the election and under the tweets Twitter posted a link which read "Get the facts about mail-in ballots. For years, Twitter has been accused of ignoring the president's breaking of platform rules with his daily, often hourly barrages of personal insults and inaccurate information sent to more than 80 million followers//AFP
The EU unveiled a proposed 750-billion-euro recovery plan Wednesday to get the continent back on its feet after the devastation wreaked by the coronavirus pandemic, as Latin America outpaced Europe and the US in the number of daily infections. As quoted by AFP.com ( 27/5) the massive European plan follows other unprecedented emergency measures introduced around the world to rescue economies shattered by the disease, which has claimed more than 350,000 lives while infections top 5.6 million. While the virus continues to wreak havoc in Latin America, Europe has slowly started reopening businesses as outbreaks on the continent slow, but Italy and Spain lack the firepower of richer European nations to rebuild their economies.The European Union put forward a 750 billion euro ($825 billion) proposal to the European Parliament and member states on Wednesday, aiming to help the worst-affected countries with a mix of grants and loans//AFP