The election of Joe Biden as US president gives the International Monetary Fund (IMF) a chance to reset its relationship with its largest shareholder and make green initiatives a bigger part of its global economic recovery plan.
The S&P 500 ended higher but closed just shy of a record on Monday as investors bet that a full economic reopening was finally in sight following the first positive data from a late-stage Covid-19 vaccine trial.
President-elect Joe Biden on Monday made an urgent plea for Americans to wear masks to slow the spread of the coronavirus, declaring that a mask is not a political statement as he vowed to make defeating the pandemic his No. 1 priority when he replaces President Donald Trump on Jan 20.
Prime Minister Boris Johnson suffered a heavy defeat in parliament's upper chamber on Monday over proposed laws which would allow him to breach Britain's EU exit treaty – a plan that has been criticized by US president-elect Joe Biden.
There were two notable holdouts among the world leaders who rushed to congratulate Joe Biden on his victory in the U.S. elections: the leaders of Latin America’s two largest countries, both of whom have been seen as friendly to President Donald Trump in different ways.
The United States became the first nation worldwide since the pandemic began to surpass 10 million coronavirus infections, as the third wave of the COVID-19 virus surges across the nation. The grim milestone came on the same day as global coronavirus cases exceeded 50 million.
Even when the Chinese government and chairman Xi Jinping have still to congratulate president elect Joe Biden on his victory, Global Times, the Chinese Communist Party English language newspaper published on Sunday a set of suggestions and warnings on the future relations with a new US Democrat administration in Washington, but also ”popping some of the bubble’s from the rough times with president Trump.
President-elect Joe Biden declared it was “time to heal” America in his first speech after prevailing on Saturday in a bitter election, even as President Donald Trump refused to concede. Biden made his speech to the Nation from HQ in Wilmington, Delaware, the state he represented in Congress since first elected at age 27.
The Democratic Party candidate, Joe Biden, was elected on Saturday the 46th President of the United States elections after taking definitive lead in the key state of Pennsylvania, making him the new president-elect of the United States. However, the current president and defeated candidate, Donald Trump, refuses to acknowledge defeat by Biden.
Democrat Joe Biden said on Friday that he was going to win the U.S. presidency as his lead grew over President Donald Trump in battleground states, although television networks held off from declaring him the victor as officials continued to count votes.