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World

Friday, August 7, 2020

US imposes sanctions on Hong Kong's Lam, other officials over crackdown
Exchange

US imposes sanctions on Hong Kong's Lam, other officials over crackdown

  • The sanctions target Hong Kong Police commissioner Chris Tang and his predecessor Stephen Lo; John Lee Ka-chiu, Hong Kong's secretary of security, and Teresa Cheng.
  • "Carrie Lam is the chief executive directly responsible for implementing Beijing's policies of suppression of freedom and democratic processes," it said.
Published 07 Aug, 2020 11:54pm
At least 15 dead as Indian COVID repatriation flight crashes on landing
South Asia

At least 15 dead as Indian COVID repatriation flight crashes on landing

  • Some of them lying motionless on stretchers, brought into a hospital surrounded by health workers wearing masks because of the COVID-19 pandemic.
  • The plane skidded off a runway, crashing nose-first into the ground.
  • Air India Express AXB1344, was a repatriation flight operated by the government to bring Indians home during international travel restrictions.
Published 07 Aug, 2020 11:36pm
Democrats offer to cut $1trn from coronavirus plan, White House says no
World

Democrats offer to cut $1trn from coronavirus plan, White House says no

  • Nancy Pelosi disclosed the offer as she and Senate Democratic Leader Chuck Schumer prepared to meet White House negotiators again on Friday afternoon.
  • Treasury Secretary Steven Mnuchin, one of the White House negotiators, rejected Pelosi's proposal out of hand, telling reporters, "that's a non-starter."
Published 07 Aug, 2020 11:23pm
Ratings agencies warn Turkey it may need to hike rates
Currency

Ratings agencies warn Turkey it may need to hike rates

  • Ankara indicated on Friday it would use more backdoor policy tightening to try to stabilise the currency.
  • In an email to Reuters, he added that usable foreign exchange reserves were expected to drop below $10 billion this year from around $30 billion last year.
Published 07 Aug, 2020 11:08pm
UN agencies scramble to help Beirut warehouse blast victims
World

UN agencies scramble to help Beirut warehouse blast victims

  • The United Nations announced an additional $6 million in funding for its response - taken from its Central Emergency Response Fund.
  • The WHO has flown supplies from Dubai to treat people burned and wounded by flying glass and other debris.
Published 07 Aug, 2020 11:01pm
US Iran pointman resigns: Pompeo
USA

US Iran pointman resigns: Pompeo

WASHINGTON: Brian Hook, the US pointman on Iran behind President Donald Trump's hardline push, has resigned,...
Published 07 Aug, 2020 02:45am
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