Tag: United States

• Wednesday, March 25th 2020 - 08:37 UTC

  Announced US stimulus plan helps a slight recovery of oil prices

  

  Oil rose over 3% on Tuesday after the U.S. Federal Reserve said it would take steps to bolster the economy and on growing hopes the United States will soon reach a deal on a US$ 2 trillion coronavirus economic package.

• Wednesday, March 25th 2020 - 08:24 UTC

  On request from Trump, South Korean medical equipment and expertise to fight coronavirus

  

  South Korea said it will send medical equipment to the United States to fight the coronavirus if it has any spare after an urgent request from US President Donald Trump in which he promised to help Korean firms gain US government approval.

• Wednesday, March 25th 2020 - 07:52 UTC

  Trump wants to loosen the economy's lockdown by Easter: “US is not built to shut down”

  

  President Donald Trump announced on Tuesday he wants to loosen the coronavirus lockdown in the United States and restart the economy within three weeks, calling social distancing measures too disruptive.

• Thursday, March 19th 2020 - 08:23 UTC

  Mnuchin denies potential US unemployment of 20% but considers a US$ 2.000 stimulus check to every American

  

  Treasury Secretary Steven Mnuchin on Wednesday vowed that unemployment would not reach 20%, seeking to clarify comments he made a day earlier on a worst-case economic scenario resulting from the coronavirus pandemic.

• Thursday, March 19th 2020 - 08:21 UTC

  Oil prices collapse below US$ 30 a barrel and could drop to US$ 20, Goldman Sachs estimates

  

  U.S. oil prices reached their lowest point since 2003 on Wednesday as the coronavirus has reduced demand in countries around the world. The prices fell for a third session, with U.S. crude Clc1 reaching US$ 25.06 per barrel, the lowest prices since late April 2003. As of 11:35 GMT, U.S. crude Clc1 hit US$1.51 cents or 5.6 percent at US$ 25.44 per barrel.

• Tuesday, March 17th 2020 - 08:21 UTC

  Several officials tested coronavirus positive after Trump/Bolsonaro meeting in Mar-a-Lago resort

  

  Brazilian Foreign Trade Secretary Marcos Troyjo, who was part of the Brazilian delegation that recently visited Florida, has tested positive for the coronavirus, his office said in a statement on Monday.

• Tuesday, March 17th 2020 - 08:15 UTC

  Trump urges to halt social activities for 15 days and not congregate in groups larger than ten people

  

  President Donald Trump urged Americans on Monday to halt most social activities for 15 days and not congregate in groups larger than 10 people in a newly aggressive effort to reduce the spread of the coronavirus in the United States.

• Monday, March 16th 2020 - 11:19 UTC

  G7 global rescue: Fed cuts rates to almost zero and launches US$ 700bn stimulus program

  

  The US has cut interest rates to almost zero and launched a US$ 700bn stimulus program in a bid to protect the economy from the effect of coronavirus. It is part of a coordinated action announced on Sunday in the UK, Japan, the Eurozone, Canada, and Switzerland.

• Saturday, March 14th 2020 - 09:50 UTC

  Trump and Congress agree on safety net programs for Covid 19 patients and victims

  

  The U.S. House of Representatives overwhelmingly passed a coronavirus aid package early on Saturday that would provide free testing and paid sick leave, in a bid to limit the economic damage from a pandemic that has shuttered schools, sports arenas, and offices.

• Thursday, March 12th 2020 - 07:15 UTC

  NBA suspends all matches following on Rudy Gobert testing Covid 19 positive

  

  The National Basketball Association has announced that it will suspend all games after Wednesday night until further notice, following a player on the Utah Jazz testing positive for COVID-19. “The NBA will use this hiatus to determine next steps for moving forward in response to the coronavirus pandemic,” the association said in a statement.