Tag: Donald Trump

Tuesday, March 31st 2020 - 09:07 UTC
Saudi Arabia wants to be Oil King again and lets prices collapse

Saudi Arabia said on Monday it will raise its oil exports to a record 10.6 million barrels per day starting from May despite a global supply glut, escalating a price war with Russia. Oil prices are languishing at 17-year lows as the coronavirus pandemic threatens a painful global recession that could further sap demand.
Monday, March 30th 2020 - 07:48 UTC
Trump said social distancing guidelines will be extended until 30 April

President Trump announced on Sunday the nationwide social distancing guidelines will remain in place until April 30, saying the “peak” of the coronavirus pandemic is expected in two weeks. Mr. Trump said he expected the country to be “well on its way to recovery” by June 1.
Saturday, March 28th 2020 - 08:52 UTC
Bolsonaro and governors clash over priorities and funds to combat the epidemic

Brazil’s governors pressed President Jair Bolsonaro on Thursday for more federal support in the coronavirus battle after he blasted them as job-killers and undermined their orders with a decree keeping churches open at evangelical preachers’ request.
Saturday, March 28th 2020 - 08:39 UTC
US approves the massive US$ 2,2 trillion package to cope with the pandemic

The US House of Representatives on Friday approved a US$2.2 trillion aid package - the largest in American history - to help people and businesses cope with the economic downturn inflicted by the coronavirus pandemic.
Friday, March 27th 2020 - 08:52 UTC
Xi calls Trump to improve bilateral ties; offers to help combat coronavirus

Chinese President Xi Jinping told US President Donald Trump during a phone call on Friday that he hopes the United States will take substantive action to improve bilateral ties, China's foreign ministry said.
Thursday, March 26th 2020 - 08:55 UTC
Bolsonaro clashes with governors over lockdowns: “they are destroying Brazil”

President Jair Bolsonaro on Wednesday blasted as criminals the governors and mayors of Brazil’s largest states and cities for imposing lockdowns to slow the coronavirus outbreak, as tensions with his health minister simmered. The death toll rose to 57 from 46 while confirmed cases rose to 2,433 from 2,201 the day before.
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.
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.
Wednesday, March 18th 2020 - 07:30 UTC
Bolsonaro asks Congress to declare state of emergency to free federal funds from spending caps

Brazil President Jair Bolsonaro said on Tuesday his second coronavirus test was negative and his government asked Congress to authorize a state of emergency that would allow it to scrap fiscal targets and free up funds to combat the virus’ spread.
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.