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Sanctions are crippling Iran’s fight against coronavirus

As mayor of Tehran I have seen lives lost as a result of medical shortages. This is no time for vindictive politics, says Pirouz Hanachi

Unemployment in US and UK ‘may be worse than in Great Depression’

Coronavirus fuelling faster collapse in jobs and business than 1930s, says ex-Bank of England rate-setter David Blanchflower

FTSE 100 posts largest quarterly fall since Black Monday aftermath

Speed of US stock market fall outstrips even 1929 Wall Street crash, reflecting global scenario

The stock markets have rallied, so is peak panic over?

In the past fortnight an optimism of sorts has returned but the rebound rests in part on some pretty heroic assumptions

Coronavirus epidemic ‘far from over’ in Asia-Pacific, WHO warns

Every country needs to keep preparing for large-scale community transmission, says regional director

UN calls for $2.5tn emergency package for developing nations

Rich countries urged to help emerging economies cope with coronavirus ‘financial tsunami’

Coronavirus forecast to cut UK economic output by 15%

Analysts say unemployment could also double in deepest recession since financial crisis

Think when coronavirus is over Australia’s economy will snap back into place? Good luck with that

When comparisons to the Great Depression start, you know you’re in trouble

Complacency to chaos: how Covid-19 sent the world’s markets into freefall

Governments and investors woke up too late to the crisis. Now they are facing the deepest global recession in history

Dozens of poorer nations seek IMF help amid coronavirus crisis

IMF’s Kristalina Georgieva says world has entered recession ‘as bad or worse’ than 2008-09

‘Hell is coming’: how Bill Ackman’s TV interview tanked the markets and made him $2.6bn

US hedge fund manager’s doom-laden TV appearance about coronavirus crisis sparked frenzied selling

Africa won’t beat coronavirus on its own. The west must dig deep before it’s too late

If developed nations don’t step in to help the continent now, the whole world will pay the price, says Guardian economics editor Larry Elliott

Western governments told to suspend debt interest amid Covid-19

IMF and World Bank asking countries to agree to requests for forbearance

Oil price may fall to $10 a barrel as world runs out of storage space

Facilities thought to be 75% full with Saudi Arabia due to ramp up output as demand falters amid coronavirus shutdowns

Stock markets rally after Federal Reserve starts printing money

Dow Jones has best day since 1933, with Asian and European markets also up, after US move

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  • UK house prices flat in June, says Nationwide; higher energy bills cap kicks in – business live
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  • Northern Rail Project risks repeating costly HS2 failures, MPs warn
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  • EU halves duty-free steel quota but UK and other partners given better rate
  • Telegraph’s £575m takeover by German group completed
  • Nigel Farage received £270,000 from gold marketer he promotes
  • UK government ‘minded to intervene’ in Paramount’s takeover of Warner Bros Discovery – as it happened
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  • Sainsbury’s chief says grocery inflation not as bad as feared so far
  • Nearly 25% of UK pubs and restaurants lose money, research shows
  • Cost to rewire Great Britain’s electricity network could reach £90bn in 2030s
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  • Millions of Britons urged to submit meter readings before energy price cap rises on Wednesday
  • Brompton sells stakes to Decathlon and Chinese Labubu backer

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