Alibaba struggles with overwhelming demand, restive workforce due to pandemic
As coronavirus spreads globally, AliExpress faces unprecedented challenges managing bulk orders for personal protective equipment. System failures and logistics worker shortages lead to widespread order cancellations, impacting medical suppliers and international buyers seeking critical pandemic supplies.
“Coronavirus is China’s fault,” say global officials
The coronavirus pandemic has caused global economic disruption, with stock markets crashing, businesses closing, and thousands dying. Top officials, including U.S. President Donald Trump, have criticized China for allegedly concealing critical information about the virus's initial outbreak and spread.
Australia wards off recession through $11 billion stimulus package
The Australian Government has unveiled an $11.4 billion stimulus package to mitigate the economic fallout from the coronavirus pandemic. Prime Minister Scott Morrison emphasized the plan's focus on preserving jobs and helping businesses survive the crisis, with cash payments ranging from $1,294 to $16,184 for small and medium enterprises.- EXCERPT: A 100-word summary that captures the essential information from the original text
Offshore leaks sparked changes on global tax policies
In 2013, the International Consortium of Investigative Journalists unveiled massive offshore tax evasion, exposing 130,000 hidden accounts involving legislators, business leaders, and prominent figures worldwide. The revelations prompted significant global tax policy reforms and increased scrutiny of international financial practices.
3 Filipino church leaders accused of fraud and trafficking in US
Three top administrators of the Kingdom of Jesus Christ Church were indicted by a US federal grand jury for allegedly obtaining illegal visas, restricting workers' movement, and forcing members to solicit donations for a fraudulent children's charity. The accused leaders manipulated immigration documents to control church workers.
Lesotho’s first lady surrenders to face murder charges
Maesaiah Thabane, Lesotho's first lady, has turned herself in to face murder charges related to the 2017 killing of Prime Minister Thomas Thabane's estranged wife Lipolelo. She was wanted after refusing to cooperate with police and allegedly fled to South Africa to avoid arrest.
China’s claim on Spratly violated Philippine sovereign rights, World court says
The Permanent Court of Arbitration determined that China illegally claimed jurisdiction over the Spratly Islands, interfering with Philippine fishing rights, petroleum exploration, and constructing artificial islands in the disputed West Philippine Sea region.
Three Malaysian execs face money laundering charges
Two former high-ranking Malaysian government officials were arrested by the Malaysian Anti-Corruption Commission (MACC) on money laundering charges. Tan Sri Shahrir Abdul Samad and Datuk Seri Ahmad Maslan are accused of illegally obtaining RM1 million and are among 80 individuals linked to suspicious 1MDB transactions.
Taiwan President wants China to “face reality and show respect”
Taiwan's President Tsai Ing-wen asserts Taiwan's sovereignty in a BBC interview, urging China to "face reality and show respect." She claims her landslide re-election proves Taiwanese people reject forced reunification, highlighting the island's democratic success and independent identity.
What to expect next as US-China trade deal gets inked
US President Donald Trump and China's Vice Premier Liu He signed a long-awaited trade deal, promising fair trade and committing China to purchase $200 billion in additional American goods by next year, with provisions for intellectual property protection.
