Taiwan airlines to get $1.6 billion help, more stimulus may be coming
Thursday, 19 March 2020 Taiwan will help its hard-hit airline industry access T$50 billion ($1.6 billion) in financing, and does not rule out further economic stimulus to help during the coronavirus outbreak, President Tsai Ing-wen said on Thursday.
US Businesses Seek $2 Trillion
in Bailouts Due to COVID-19 From major airlines to Amtrak and
the Native American Gaming Industry, U.S. businesses are seeking financial help
from the federal government and
President Trump due to the global pandemic. The biggest request may come from the
Amid growing contention over the democratically-ruled island of Taiwan,Chinese President Xi Jinping said Friday China will never allow its sovereignty, security and development interests to be undermined. Gloria Tso reports.
China's Foreign Ministry said on Thursday the United States' approval of a potential $1.8 billion arms sale to Taiwan would have a major impact on Sino-U.S. ties, and China will make the necessary response as the situation develops. Francis Maguire reports.