FLAGSTAFF, Ariz. (AP) — The U.S. Treasury Department said Tuesday that it will begin doling out billions to help tribes respond and recover from the coronavirus more than a week after a congressional deadline and after being sued over who is eligible for the money.
The $2.2 trillion federal rescue package approved in late March set aside $8 billion for tribal governments. The money was supposed to be distributed by April 26, but the Treasury Department said it was grappling with how to do it.
Tribes sued the agency to keep the money from going to Alaska Native corporations, which own most Native lands in the state under a 1971 settlement but are not tribal governments. U.S. District Judge Amit Mehta in Washington, D.C., gave the tribes a victory last week by limiting the funding to the country’s 574 federally recognized tribes while he settles the question of eligibility.
The state finance minister of Germany’s Hesse region, which includes Frankfurt, has been found dead. Authorities said he appears to have killed himself and the state’s governor suggested Sunday that he was in despair over the fallout from the coronavirus crisis.
The body of Thomas Schaefer, a 54-year-old member of Chancellor Angela Merkel’s Christian Democratic Union, was found Saturday on railway tracks at Hochheim, near Frankfurt.
Police and prosecutors said that factors including questioning of witnesses and their own observations at the scene led them to conclude that Schaefer killed himself.
April 24, 2019 Thomas Schäfer (CDU), Minister of Finance of Hesse in Frankfurt, Germany. (AP)
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State governor Volker Bouffier linked Schaefer’s death to the virus crisis on Sunday.
Bulgarian boxer Pulev to donate half money of heavyweight title fight to virus medics
Monday, April 06, 2020, 15:05 By Xinhua
Bulgaria’s Kubrat Pulev is seen during a press conference at the Principality Stadium in Cardiff on Sept 11, 2017 during an event to promote his heavyweight world title boxing match against champion Britain’s Anthony Joshua. (GEOFF CADDICK / AFP)
SOFIA – Bulgarian boxer Kubrat Pulev, the IBF’s world heavyweight title challenger, said he will donate half of his money from the fight against Briton Anthony Joshua to help medical workers fight the coronavirus.
Pulev, 38, is expected to earn around five million US dollars from the fight, which has been postponed due to the pandemic.
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THE HAGUE, April 1 — Dutch Finance Minister Wopke Hoekstra acknowledged yesterday that the Netherlands and some other EU countries had not expressed much empathy for southern Europe’s battle against Covid-19, but still declined to back common bonds.
Hoekstra spoke with private broadcaster RTLZ in reference to a meeting of eurozone finance ministers last Thursday where northern countries rejected a request by others for a common bond issuance to help countries like Italy and Spain weather the crisis.
“We were not empathetic enough, to the point that it has raised resistance,” Hoekstra told RTLZ.
“We did not succeed in conveying what it is we want to do,” he added.
Hard-hit countries including Italy and Spain called for eurozone
Filthy lucre: Paper money shunned for fear of virus spread
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Posted: 8:15 PM, Mar 20, 2020
This picture taken with a slow shutter speed shows an electronic billboard information as traveler's advice about the coronavirus at the arrival hall from Beijing at Charles de Gaulle airport, north of Paris, early Monday, Jan. 27, 2020. France's government announced Sunday it will repatriate up to hundreds of French citizens from the Chinese city of Wuhan, the epicenter of a deadly new virus. (AP Photo/Kamil Zihnioglu)
In a world suffering a pandemic, cash is no longer king.
A growing number of businesses and individuals worldwide have stopped using banknotes in fear that physical currency, handled by tens of thousands of people over their useful life, could be a vector for the spreading the coronavirus.
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