News UK
Coronavirus: US economy shrinks at fastest rate since 2008 – BBC News
The US economy suffered its most severe contraction in more than a decade in the first quarter of the year, as the country introduced lockdowns to slow the spread of coronavirus.
The world’s largest economy sank at an annual rate of 4.8%, according to official figures released on Wednesday.
It marked the first contraction since 2014, ending a record expansion.
But the figures just hint at the full crisis, since many of the restrictions were not put in place until March.
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Elections in Hungary have ended Viktor Orbán’s 16 years in power in a landslide victory for Péter Magyar.
Budapest was filled with supporters celebrating the win as Magyar promised to tackle corruption, restore judiciary independence and reverse Orbán-era changes to education and health.
Preliminary results put his Tisza party on course for 138 seats, with Orbán’s Fidesz on 55 and the far-right Our Homeland on six.
The 45-year-old former Fidesz party insider convinced the majority of Hungarians to bring an “electoral autocracy” to an end, allowing Hungary to reset global relationships and overturn domestic policies.
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The details of the next phase of talks between the US and Iran remain unclear. Iran’s foreign ministry spokesman says it has “no …
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One year on from 279 schoolgirls being kidnapped in northern Nigeria by Boko Haram militants, BBC News looks back at efforts to free them.
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Donald Trump has said the US plans fresh talks with Iran from Monday, has and threatened to hit infrastructure if a deal is not agreed.
Shots fired at vessels in the Strait of Hormuz yesterday are a violation of the ceasefire agreement, the US president said, while Iran has also accused the US of breaching the truce agreement with its naval blockade.
Ships have again come to a standstill around the strait after Iran resumed its blockade yesterday.
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Hungarians are going to the polls in large numbers, in a vote that could bring down Prime Minister Viktor Orbán after 16 years.
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