South Africa will downgrade its coronavirus lockdown measures to level three on June 1, marking what President Cyril Ramaphosa called a "significant shift" in its approach to the pandemic.
Lawmakers in Europe have generally taken a more aggressive approach in their response to protecting the labor market from the effects of Covid-19, with many countries introducing wage subsidy programs.
The U.K.'s National Cyber Security Center has launched another review into Huawei after the U.S. imposed sanctions on the Chinese tech giant last week.
France and Italy, which implemented stringent coronavirus lockdown measures in the first quarter, saw the most significant damage to GDP among the major members.
Stock markets around the world surged on Tuesday as hopes for a coronavirus vaccine and the easing of lockdown restrictions worldwide drive investors back toward risk assets.
Relations between the U.S. and China — the world's top two economies — look set to worsen, said Graham Allison, Harvard University's Douglas Dillon Professor of Government.
China's central government is introducing a national security law in Hong Kong because the territory's authorities have not been able to do it locally for over 20 years, a Hong Kong official said on Tuesday.
China will continue to defend its "national sovereignty and territorial integrity" in the face of pressure from the U.S., said Victor Gao of the Center for China and Globalization.
The European Central Bank should not need to take into account the size of a country's economy when buying governments bonds, François Villeroy de Galhau told CNBC.
The flamboyant tycoon, who loved to dance but advised his nearest and dearest to shun gambling, headed one of the world's most lucrative gaming businesses through his flagship firm, SJM Holdings Ltd, valued at about $6 billion.
Singapore will in total spend nearly 100 billion Singapore dollars ($70.4 billion), or around 20% of GDP, to help businesses and households manage the economic impact of the coronavirus.