United States

• Wednesday, May 13th 2020 - 07:37 UTC

  Fed says US households will need more fiscal support and forecasts 20% unemployment

  

  United States businesses and households are going to need more fiscal support to get through what will likely be a longer period of recovery from the coronavirus shutdown than initially expected, Federal Reserve policymakers said on Tuesday.

• Wednesday, May 13th 2020 - 07:15 UTC

  US budget deficit in April reaches a record US$ 738 billion: revenue down 55% and outlays up 161%

  

  The United States on Tuesday reported a record US$738 billion budget deficit in April, as an explosion in government spending and a shrinking of revenues amid the novel coronavirus pandemic put it deep into the red.

• Tuesday, May 12th 2020 - 08:00 UTC

  President Trump cuts short press briefing after an exchange with CBS reporter

  

  US President Donald Trump abruptly ended his coronavirus press briefing on Monday after getting into a testy exchange with an Asian-American reporter. CBS News reporter Weijia Jiang asked Trump why he continued to insist that the US was doing better than other countries when it came to testing for the virus.

• Tuesday, May 12th 2020 - 07:49 UTC

  Trump opposes renegotiating US-China Phase 1 trade deal despite Beijing concerns

  

  US President Donald Trump said on Monday he opposed renegotiating the US-China “Phase 1” trade deal after a Chinese state-run newspaper reported some government advisers in Beijing were urging fresh talks and possibly invalidating the agreement.

• Tuesday, May 12th 2020 - 07:18 UTC

  White House staff must wear masks in the West Wing, except Trump

  

  White House staff have been ordered to wear masks when entering the West Wing after two aides tested positive for coronavirus. The White House personnel office has said that staff must cover their faces at all times except when seated at their desks, socially distant from colleagues.

• Monday, May 11th 2020 - 08:35 UTC

  China and US clash over reference to WHO in a UN global cease fire statement

  

  China and the United States both supported a draft United Nations Security Council resolution confronting the coronavirus pandemic on Thursday, and it was “shocking and regretful” that Washington changed its mind on Friday, a Chinese diplomat said.

• Monday, May 11th 2020 - 07:48 UTC

  Unemployment will “get worse before they get better”, says Mnuchin

  

  The staggering US unemployment rate reported by the government on Friday amid coronavirus lockdowns may get even worse, Treasury Secretary Steven Mnuchin said on Sunday.

• Saturday, May 9th 2020 - 08:50 UTC

  COVID-19 wipes 20,5 million jobs in the US; unemployment soars to 14,7%

  

  The COVID-19 lockdown wiped out 20.5 million jobs in the United States in April, destroying nearly all the positions created in the prior decade in the world's largest economy, the Labor Department reported on Friday.

• Saturday, May 9th 2020 - 07:56 UTC

  Tougher visa guidelines for Chinese journalists in US

  

  The United States issued a new rule on Friday tightening visa guidelines for Chinese journalists, saying it was in response to the treatment of US journalists in China, a shift that comes amid tensions between the two nations over the coronavirus global pandemic.

• Friday, May 8th 2020 - 08:55 UTC

  Washington Post exposes links between US company and Venezuela opposition plot to capture and oust Maduro

  

  Members of Venezuela’s opposition in October negotiated a US$ 213 million deal with a small Florida security company to invade the country and overthrow President Nicolas Maduro, according to a document published by the Washington Post on Thursday.