Politics

Wednesday, April 22nd 2020 - 07:45 UTC
US Senate approves bipartisan US$ 480 billion relief package for small businesses

The US Senate approved a bipartisan, nearly half-trillion-dollar relief package on Tuesday, with funding earmarked for devastated small businesses, overwhelmed hospitals, and a ramp-up of testing nationwide during the COVID-19 pandemic.
Wednesday, April 22nd 2020 - 07:40 UTC
Commonwealth Heads of Government meeting scheduled for June suspended

A Commonwealth Heads of Government Meeting scheduled to take place in the Rwandan capital Kigali in June has been postponed due to COVID-19, the organization said on Tuesday. A new date for the event, which takes place every two years, would be announced in due course, the body's London-based secretariat said in a statement.
Wednesday, April 22nd 2020 - 07:24 UTC
Ten world leading banks sued for allegedly rigging prices in US corporate bond market

Ten of the world's largest banks, including JPMorgan Chase and Bank of America, have been sued for allegedly conspiring over nearly 14 years to rig prices in the US$9.6 trillion US corporate bond market, costing ordinary investors billions of dollars.
Wednesday, April 22nd 2020 - 07:17 UTC
Missouri state sues China's leadership over COVID-19 seeking billions in compensation

The US state of Missouri on Tuesday Apr 21 sued China's leadership over COVID-19, seeking damages over what it described as deliberate deception and insufficient action to stop the pandemic.
Wednesday, April 22nd 2020 - 06:35 UTC
UN chief urges governments to address climate change emergency, on 50th anniversary of Earth Day

United Nations chief Antonio Guterres urged governments to use their economic responses to the coronavirus pandemic to tackle the “even deeper emergency” of climate change, in a message for the 50th anniversary of Earth Day.
Tuesday, April 21st 2020 - 10:16 UTC
US oil price on Monday turned negative for the first time in history

The price of US oil has turned negative for the first time in history. That means oil producers are paying buyers to take the commodity off their hands over fears that storage capacity could run out in May.
Tuesday, April 21st 2020 - 10:15 UTC
Major asset managers reject Argentina's proposal to overhaul US$ 66bn foreign debt

A group of major asset managers who are creditors to Argentina have rejected the government’s proposal aimed at overhauling US$66.2 billion of its foreign-law debt, saying it inflicted an unjust amount of financial pain on international bondholders.
Tuesday, April 21st 2020 - 10:14 UTC
Trump to sign executive order temporarily suspending immigration to the US

US President Donald Trump said on Monday he will sign an executive order to temporarily suspend immigration into the United States. “In light of the attack from the Invisible Enemy, as well as the need to protect the jobs of our GREAT American Citizens, I will be signing an Executive Order to temporarily suspend immigration into the United States”, Trump said in a tweet late on Monday.
Tuesday, April 21st 2020 - 10:11 UTC
Falklands planning to lift building industry restrictions on Wednesday

The Falkland Islands Executive Council last Friday agreed in principle that construction activity on the Islands can resume this Wednesday, 22 April. However, Chief Executive Barry Rowland said the final decision would be subject to COVID-19 test swab results from the United Kingdom expected to be received this Tuesday 21 April.
Tuesday, April 21st 2020 - 10:10 UTC
Falklands government and people wish the Queen a safe and healthy birthday; parade cancelled

The Falkland Islands government said that in light of the announcement by Her Majesty the Queen and following consultations between Governor Nigel Phillips CBE and Buckingham Palace, it has been decided to cancel the Queen's Birthday Parade on 21 April.