Tag: United States

Thursday, April 2nd 2020 - 07:50 UTC
US unemployment claims expected at record high: 80% Americans under some form of lockdown

The number of Americans filing claims for unemployment benefits likely shot to a record high for a second week in a row as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.
Wednesday, April 1st 2020 - 07:54 UTC
Trump calls on Florida to allow Zaandam to dock: “They are dying on the ship”

U.S. President Donald Trump on Tuesday urged Florida officials to open an Atlantic Coast port to a Dutch cruise ship stuck at sea with a deadly coronavirus outbreak onboard, urging the governor to drop his opposition.
Wednesday, April 1st 2020 - 07:40 UTC
Most coronavirus patients in US with underlying diabetes, heart disease and long term lung problems

Diabetes, heart disease and long-term lung problems are the most common underlying conditions among Americans hospitalized with the illness caused by the new coronavirus, but more than one in five people requiring intensive care had no such health issues, according to a report issued on Tuesday.
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.
Tuesday, March 31st 2020 - 08:15 UTC
Russia's oil giant Rosneft, yields to US pressure: ceases operations in Venezuela

Russian oil production giant Rosneft said it had ceased operating in Venezuela and transferred its assets to a company own entirely by the Russian government. The move is apparently intended to shield the company from US sanctions aimed at punishing entities that do business with the government of President Nicolas Maduro.
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.
Monday, March 30th 2020 - 07:27 UTC
Retired Venezuela general charged with drug-trafficking turned himself to US authorities

A retired Venezuelan general has turned himself over to Colombian authorities after the United States charged him with drug-trafficking and offered a reward for his capture, local media reported. Cliver Alcala turned himself in on Friday to the Colombians, who in turn handed him over to US authorities, the El Tiempo de Bogota newspaper said.
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.
Saturday, March 28th 2020 - 08:26 UTC
Brazil's central bank preparing a “financial bazooka” to prevent recession becoming depression

Brazil’s central bank could soon be forced to fire up the money printing presses if the coronavirus-fueled recession facing Latin America’s largest economy is as devastating as some economists fear.
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.