Move is part of coordinated effort with European Central Bank and others to head off potential economic crisis due to coronavirus. The US Federal Reserve stepped in on Sunday to prop up the US economy in the face of the escalating Covid-19 crisis. In its most dramatic move since the 2008 financial crisis the Fed announced it is cutting its benchmark interest rate to near zero and said it would buy $700bn in Treasury and mortgage-backed securities as it attempts to head off a severe slowdown. Source The Guardian
General Konstantinos Floros sent a strong message to Ankara during a Commemorative Prayer for Fallen Paratroopers, which took place at Vouliagmeni, saying that those who “underestimate us are making a mistake.” Specifically, the Chief of General Staff, referring to the special forces, stated that “the ties of those who serve or have served in the Special Forces are indestructible and are never broken. We are the descendants of easy and brave warriors. Source Greek City Times
In Montpellier, traders in the city center are worried: weakened by the coronavirus crisis , they are the target of unaccompanied minors – MNA – who rob at night and attack customers during the day.
Every night, unaccompanied minors and former unaccompanied minors, young adults who are homeless, carry out raids: they kick violently at store doors, at random. When they give in, they steal everything that can be sold, as well as cash. They climb buildings to take goods, including bikes. Source Actu France
After hours of peaceful protest in downtown Atlanta, some demonstrators suddenly turned violent, smashing police cars, setting one on fire, spray-painting the iconic logo sign at CNN headquarters, and breaking into a restaurant. The crowd pelted officers with bottles, chanting “Quit your jobs.” Source New York Post
