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100-year drought hits poor EU region reeling from virus

Bloomberg First the virus lockdown shuttered the two dairies where farmer Gavrila Tuchilus sells the milk from his 1,500 cows. Then his fields dried up, forcing him to abandon his barley crop for the first time in 39 years. “A double war is taking place,” said Tuchilus, from Matca, a village in southeast Romania. “It’s a war against invisible Covid-19 ...

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US stocks, futures decline on worsening China tension

Bloomberg Stocks declined alongside US equity futures on Thursday as deteriorating Sino-American ties cast a cloud over the recent rally in risk assets. Treasuries advanced with the dollar. The Stoxx Europe 600 Index erased Wednesday’s gain, with all 19 sector groups in the red. Contracts on the three main American equities gauges signalled a drop at the Wall Street open, ...

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Indian stocks gain on optimism about virus curbs easing

Bloomberg Indian stocks climbed, putting the main indexes on track for the third day of gains, amid optimism of economic revival as the nation gradually exits from the world’s strictest lockdown. The S&P BSE Sensex climbed 0.5% to 30,983.04 as of 10:11 am in Mumbai, while NSE Nifty 50 Index rose by a similar magnitude. Both the measures posted their ...

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