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Rare annular solar eclipse leaves ‘ring of fire’ above parts of Africa, Middle East, Asia

Rare annular solar eclipse leaves ‘ring of fire’ above parts of Africa, Middle East, Asia

World
June 21 (UPI) -- A rare "ring of fire" solar eclipse was visible across parts of Africa, the Middle East and Asia on Sunday. The annular eclipse, the first of two solar eclipses set to take place in 2020, produced a visible orange ring of sunlight around the Moon, viewable in a narrow portion of the globe. Advertisement An annular eclipse occurs when the Moon is farthest from the Earth, according to NASA. "Though the Moon orbits Earth about once a month, its orbit is tilted by five degrees, so the perfect alignment that creates an eclipse is relatively rare," said NASA. "Often the Moon is too high or too low in our sky to block out the sun." Northern India experienced a near-full solar eclipse with 99.4 percent of the Sun blocked at the peak of the event. Some portions of Europe and the ...
New loans scheme launched for firms with turnovers above £45m

New loans scheme launched for firms with turnovers above £45m

Business
Businesses with a turnover of more than £45m will be allowed to access funding through a new government scheme, the chancellor has announced.Rishi Sunak said the government wanted to ensure that "no viable business slips through our safety net of support as we help protect jobs and the economy" during the coronavirus outbreak. Sky's city editor Mark Kleinman reported at the weekend that ministers were preparing to overhaul the emergency loan programme for larger companies whose future has been put at risk of collapse by the COVID-19 pandemic.
Africa’s cases above 1,000; presidents defy own travel bans

Africa’s cases above 1,000; presidents defy own travel bans

World
ABUJA, Nigeria -- Lockdowns have begun in Africa as coronavirus cases rise above 1,000, while Nigeria on Saturday announced it is closing airports to all incoming international flights for one month in the continent's most populous country. Rwanda said all unnecessary movements outside the home are banned for two weeks as of midnight except for essential services such as health care and shopping. The East African nation, which has 17 cases, told all public and private employees to work from home. Tunisia earlier imposed a lockdown as well. Meanwhile, two African heads of state appeared to defy their own travel restrictions to attend another president’s inauguration. Uganda, Eritrea and Angola announced their first cases, meaning 42 of Africa’s 54 countries are now affected. Congo and Ghan
Wages back above pre-economic crisis levels

Wages back above pre-economic crisis levels

Business
Average weekly wages in the UK have returned to pre-economic crisis levels for the first time since March 2008.Weekly pay reached £511 in the three months to December - the last time they were this high, after adjusting for inflation, was before the downturn.Excluding bonuses, earnings grew at an annual rate of 3.2% in the three-month period, official figures show.Employment rose by 336,000 to another record high of 32.93 million, while unemployment stayed at 1.29 million.The number of women in employment increased again - this time by 150,000 in the three months to December to a record high of 15.61 million. Myrto Miltiadou, of the ONS, said: "In real terms, regular earnings have finally risen above the level seen in ear
Markets slide on Iran tension as oil price spikes above $70

Markets slide on Iran tension as oil price spikes above $70

Business
Global stock markets have fallen further amid rising global tensions after the killing of a top Iranian general by the US - and a spike in the price of oil.The FTSE 100 was down by more than 80 points, or 1%, in early deals though it closed 0.6% - or 47 points - lower at 7575. The performance was cushioned by a boost for BP, up 2%.That was after the Iran tensions pushed the price of a barrel of Brent crude above $ 70 for the first time since September though the gains later petered out.British Airways owner International Airlines Group (IAG) and Ryanair were each off by about 4% though their values later closed 2.5% and 1.6% lower respectively. Advertisement Image: ...