United States

Tuesday, May 5th 2020 - 06:58 UTC
US prepared to borrow a record US$ 3 trillion in second quarter; national debt soared above 100% of GDP

United States has said it wants to borrow a record US$ 3 trillion in the second quarter, as coronavirus-related rescue packages blow up the budget. The sum is more than five times the previous quarterly record, set at the height of the 2008 financial crisis.
Tuesday, May 5th 2020 - 06:55 UTC
China official media calls “Evil Pompeo” a lying clown

China's state broadcaster CCTV on Monday attacked US Secretary of State Mike Pompeo's “insane and evasive remarks” over the origins of the COVID-19 pandemic, further fuelling Sino-US tensions.
Monday, May 4th 2020 - 07:45 UTC
Trump announces coronavirus vaccine for end of the year; urges reopening of schools by September

President Donald Trump on Sunday said the United States would have a coronavirus vaccine by the end of this year.
Monday, May 4th 2020 - 07:41 UTC
Buffett sold its entire stakes at the four largest US airlines: “the world has changed”

Berkshire Hathaway sold its entire stakes in the four largest US airlines in April, chairman Warren Buffett said on Saturday at the company's annual meeting, saying “the world has changed” for the aviation industry.
Monday, May 4th 2020 - 07:07 UTC
US insists on blaming Beijing: “enormous evidence” coronavirus originated in a lab in China, claims Pompeo

US Secretary of State Mike Pompeo on Sunday said “enormous evidence” showed the new coronavirus originated in a lab in China, further fueling tensions with Beijing over its handling of the outbreak.
Saturday, May 2nd 2020 - 07:21 UTC
Trump thinking on ways of making China accountable for the coronavirus: raising tariffs an option

US President Donald Trump said on Friday raising tariffs on China is “certainly an option” as he considers ways to retaliate for the spread of the COVID-19 out of Wuhan, China.
Saturday, May 2nd 2020 - 06:37 UTC
Trump supports right wind armed protestors who stormed Michigan Capitol building

President Trump threw his support behind armed right-wing protesters who entered the Michigan Capitol shouting and blocked the office of Democratic Gov. Gretchen Whitmer, claiming that they are “very good people, but they are angry.”
Thursday, April 30th 2020 - 07:48 UTC
US economy down 4.8% in first quarter and an “unprecedented” drop forecasted for the second quarter

The U.S. central bank that has already slashed interest rates to zero reiterated on Wednesday they will stay there until the economy is clearly back on track. It has also rolled out around US$ 2 trillion in lending commitments, and Fed chief Jerome Powell said it was ready to do more as needed.
Thursday, April 30th 2020 - 07:41 UTC
Brazil's Minerva confident of boosting beef sales to US and China

Minerva SA, the largest beef exporter in South America, hopes to further boost foreign sales due to potentially scarce supplies in large producing nations like the United States, Chief Financial Officer Edison Ticle said.
Thursday, April 30th 2020 - 07:33 UTC
Trump orders meat processing plants to remain open to protect the food supply

President Donald Trump ordered meat-processing plants to stay open to protect the food supply in the United States, despite concerns about coronavirus outbreaks, drawing a backlash from unions that said at-risk workers required more protection.