IMF rejects Maduro bid for the emergency loan to fight Corona virus | Chronicleplanet.com

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IMF rejects Maduro bid for the emergency loan to fight Corona virus

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IMF rejects Maduro bid for the emergency loan to fight Corona virus

The International Monetary Fund has quickly rejected a surprise request Tuesday by Venezuela for an emergency $5 billion loan to fight the new coronavirus, which threatens to push its already battered economy over the edge.An IMF spokesperson said the request can’t be considered because there was no clarity among its 189 member states on who it recognizes as Venezuela’s rightful leader.The Bolivarian government is taking different preventive measures and following thorough, strict and exhaustive controls to protect the Venezuelan people


Euro 2020 postponed until next summer Due To Corona virus

Euro 2020 is being postponed for a year due to the coronavirus outbreak, UEFA has confirmed.European football’s governing body said its other tournaments and matches – involving both domestic and international teams in the men’s and women’s game – were also on hold


Belgium is latest European nation to go into lockdown

330bn of government-backed loans to support businesses as part of “unprecedented package”