US banks set aside $28 billion to cover loan losses from Covid-19 pandemic
16 July 2020 | 9:00 am
Three of the largest banks in the United States have dramatically increased their reserves to cover losses from unpaid loans. JP Morgan, Wells Fargo and Citigroup have together set aside $28 billion to cover bad debts in the three months from April to June. The lenders are expecting the damage from this crisis to be protracted, and unemployment in the US to remain over 10 percent until the end of the year, with knock-on effects on the repayment of loans from households and businesses.
4 Feb 2022
With one of the highest vaccination rates in the world, Spain is looking at an exit strategy from the pandemic. Its government says it's time to start treating COVID-19 like any other endemic seasonal respiratory disease. DW's Jan-Philipp Scholz reports.
6 Feb 2022
Abortion rights in America are under threat with the nation's landmark ruling, Roe v Wade, at risk of being overturned or significantly weakened later this year. In response, California is already declaring itself a sanctuary state for women seeking a termination. Annette Young talks to Amanda Becker, the Washington correspondent for the 19th, an American website reporting on gender and policy, on what the Supreme Court is likely to do. Plus we meet photographer, Pamela Tulizo from the Democratic Republic of Congo whose work challenges clichés about women in her country who are often presented as victims.
26 Mar 2022
Baky Meïté is a former captain of the Ivory Coast rugby team. Back in the spring of 2020, he put his rugby career on hold to work as a janitor in a geriatric hospital in Paris. He has now published a book, "Les Chiffons Bleus", as a tribute to his former colleagues who appear somewhat forgotten today. He joined us for Perspective.
7 May 2022
In this week's show, we take a look at why the constitutional right to abortion in the United States appears to be in the crosshairs of the Supreme Court. This happened after a leaked draft showed the Court may be ready to overturn the landmark Roe v. Wade decision, which ruled that the constitution protected a woman's right to legal termination. Our international commentator Douglas Herbert will break down the implications of this event.
9 May 2022
In this edition, uproar in the United States after a leaked Supreme Court draft ruling shows the country is set to end 50 years of a woman's right to have an abortion. Annette Young also talks to writer Molly Jong-Fast about what life in America would look like without Roe versus Wade. Plus, the rickshaw and taxi revolution in the Indian capital of New Delhi, with authorities encouraging female drivers to get behind the wheel of new electric-powered vehicles.
26 Jun 2022
The leaders of the US, the UK, and Canada all slammed the Supreme Court's move, which puts US women at risk of losing their right to abortion. Meanwhile, Donald Trump said "God made the decision" on reproductive rights.
8 Jul 2022
This month marks 80 years since the Vél d'Hiv roundup, when French police detained 13,000 Parisian Jews, including 4,000 children, acting on orders from occupying German forces and their French allies in the Vichy Regime. Many were first sent to the Vélodrome d'Hiver stadium, which gave its name to this sinister chapter of French history, before being deported to Auschwitz, never to return. FRANCE 24’s Claire Paccalin and Stéphanie Trouillard met with survivors who managed to escape.
24 Jul 2022
The ruling by a majority of judges in the United States’ Supreme Court to overturn the right to a legal abortion across the entire country has also sent shockwaves through Europe.In our programme we examine abortion rights around the EU and look at how the situation might evolve.
29 Sep 2022
US President Joe Biden has declared the pandemic to be "over," but hundreds still die in the US daily. Patient advocates and researchers warn that public health and the economy are still at risk.
29 Oct 2022
Created to reduce the gaps and inequalities between the different regions of the European Union, the bloc's cohesion policy was caught out by the unexpected arrival of Covid-19. But did it fail to act against the pandemic? We take a closer look.
28 Dec 2022
Famous German virologist Christian Dorsten believes the coronavirus pandemic has ended and COVID-19 is now an endemic disease. And Justice Minister Marco Buschmann called for the last restrictive measures to be lifted.
The major banks include JPMorgan Chase, Bank of America, Wells Fargo, Citigroup and Truist. The $30 billion infusion will give the struggling San Francisco lender much-needed cash to meet customer withdrawals and buttress confidence in the US banking system during a tumultuous moment for lenders.
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Around 10% of the victims of the recent devastating floods in Libya were from other countries. Some were working there, others likely trying to leave for Europe. But all will be very difficult for their families to find.
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The Indian government is exploring the idea of holding simultaneous elections at the national, state and local levels. But the opposition has slammed it, saying it goes against the spirit of federalism.
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Not for the first time, EU leaders are facing growing calls to take a firmer line with Azerbaijan. With a gas deal in place and myriad geopolitical considerations, hopeful Armenians shouldn't hold their breath.
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Cooperation between Tunisia and the EU to limit irregular migration is proving difficult. Both parties have something to win and much to lose.
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With Ukrainian President Volodymyr Zelenskyy in Washington seeking more help to fend off Russia's forces, US President Joe Biden said he was confident Congress would continue supporting Kyiv.
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Growing tensions between the Global South and Western economic powerhouses overshadowed a UN meeting in New York. German Chancellor Olaf Scholz spoke at the summit, proposing initiatives to reverse the trend.