Global Economy Hit by Record Collapse of Business Activity

Company action in the U.S., Europe and Japan collapsed in April as governments tightened limits on movement and social conversation aimed at limiting the distribute of the coronavirus, in accordance to surveys of buying supervisors.

The surveys, out Thursday, suggest governments have correctly closed pieces of the economic system where by facial area-to-facial area conversation is unavoidable—such as restaurants and barbers—and action has tumbled in pieces of the economic system much less straight influenced.

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U.S. Offers Aid to Greenland to Counter China, Russia

WASHINGTON—The U.S. is providing Greenland with a offer of growth assist as component of a tactic to counter Russian and Chinese affect in the Arctic, focusing on vitality, education and tourism, officials mentioned Thursday.

A senior Condition Department official mentioned the $ million assist offer to the autonomous Danish territory was component of a U.S. response to the demanding geopolitics in the Arctic. Denmark accredited the opening of a U.S. consulate in the Greenland cash of Nuuk in December.

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