Germany suspends aid and cooperation to Niger after rebellion

After last week's military rebellion, Germany became the latest Western power to suspend financial aid and cooperation with Niger.

A spokesperson for the German foreign ministry stated at a news conference that all direct support payments to the central government of Niger have been...

FACEBOOK TO OFFER $4.3 MILLION GRANT FOR SMALL BUSINESSES IN INDIA

HIGHLIGHTS

• Facebook has announced a $4.3 million grant to help small businesses in India.
• Facebook will help small businesses in the cities it has offices in.

Facebook has announced a $4.3 million grant for more than 3000 businesses ...

BELGIAN AID TO BRUSSELS AIRLINES APPROVED BY GERMANY

HIGHLIGHTS

• Belgian government has granted financial aid to Brussels Airlines.
• Aid has been approved by the German Economic Stabilization Fund.

Belgian government has granted financial aid to Brussels Airlines. Brussels Airlines is a ...

COMMERCIAL BANKS IN THAILAND TO SUBSIDIZE BUSINESS ENTERPRISES

HIGHLIGHTS

• Thailand banks to help out business enterprises to sail through the pandemic
• Thailand innovative measures and support of every organization will help build the kingdom again

The Bank of Thailand (BOT) has doled out busines...

JAPANESE NOT SATISFIED WITH AID TO FIRMS

HIGHLIGHTS

• A survey says that most Japanese people are not satisfied with the final aid given by government to the businesses.
• Most respondents felt that France was giving the best help to its businesses.

According to a survey, Japan...

EUROPEAN COMMISSION APPROVES AID FOR POLAND

Highlights –

• European Commission has approved financial aid to Poland.
• Approximately $1.6 billion will be provided to Poland for their scheme.
• The aid so given is due to the ongoing pandemic and its losses in Poland’s economy.<...

ADRN HELPS FIGHT JOBLESSNESS AND LOSS OF PAY WITH COVID-19 RELIEF

ADRN has made a corpus to aid the citizens who have been laid off from their jobs due to COVID-19 outbreak and are now without a pay.

The ADRN comprises 200 greater Austin Churches.

Austin Disaster Relief Network (ADRN) including 200 more prominent Austin Churches has begun di...

JAPAN TO DISBURSE 300, 000 YEN TO EACH HOUSEHOLD IN NEED

• Prime Minister to render an economic revival package that will financially help 10 million families.
• The handout will be of 300000 yen ($2800) in addition to a supplement budget funding.

Prime Minister of Japan, Shinzo Abe and his ruling Liberal Democratic Par...

SOUTH KOREAN GOVERNMENT AIDS VARIOUS BUSINESS ACTIVITIES AMID COVID-19 OUTBREAK

Highlights –

• Emergency funds for various business activities
• Low interest rate on loans
• No layoffs of staff, rather to be subsidized

Due to the ongoing spread of COVID-19 and business activities facing a steep loss, ...