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Archive

World

Thursday, October 8, 2020

US hits Iran's financial sector with fresh round of sanctions
World

US hits Iran's financial sector with fresh round of sanctions

  • The prohibitions did not apply to transactions for the provision of agricultural commodities, food, medicine or medical devices to Iran.
  • The sanctions Trump has reinstated target everything from oil sales to shipping and financial activities.
Published 08 Oct, 2020 11:48pm
Report exposes Facebook for spreading climate change misinformation
USA

Report exposes Facebook for spreading climate change misinformation

  • According to a report by InfluenceMap, a U.K. based think-tank, approximately 8 million people have viewed deliberately misinformed advertisements on Facebook, which peddled conspiracy theories like fossil fuels are not a threat to the environment, and that climate change is a “hoax”
Published 08 Oct, 2020 04:53pm
Key takeaways from the vice-presidential debate
Exchange

Key takeaways from the vice-presidential debate

  • After last week’s calamitous Presidential debate, the Vice Presidential debate was poised to provide a more policy-oriented counterweight, with Kamala Harris and Joe Biden attempting to clarify their starkly contrasting policies amongst a surge in political misinformation.
Updated 08 Oct, 2020 03:44pm
Jordan's King Abdullah appoints palace aide Bisher al Khasawneh PM
Middle East

Jordan's King Abdullah appoints palace aide Bisher al Khasawneh PM

  • The monarch dissolved parliament on Sept. 27 at the end of its four-year term, a move that under constitutional rules meant the government had to resign within a week.
  • Khasawneh will oversee parliamentary elections due on Nov. 10 whose outcome is expected under an electoral law.
Published 08 Oct, 2020 01:51am
US senators urge sanctions on Turkey over Russian missile system
USA

US senators urge sanctions on Turkey over Russian missile system

  • Washington's failure to act more decisively about the S-400 purchase had "emboldened" Turkey's government.
  • Turkey bought a batch of the missile systems from Russia last year, leading to its suspension by Washington from the US F-35 stealth fighter jet program.
Published 08 Oct, 2020 01:43am
US CDC reports 210,232 deaths from coronavirus
USA

US CDC reports 210,232 deaths from coronavirus

  • The CDC reported its tally of cases of the respiratory illness known as COVID-19, caused by a new coronavirus.
  • The CDC figures do not necessarily reflect cases reported by individual states.
Published 08 Oct, 2020 12:58am
Hungary to revive 5pc VAT rate on housing to boost economy: PM
Europe

Hungary to revive 5pc VAT rate on housing to boost economy: PM

  • The measure fuelled a housing boom in Budapest of a kind not seen since before the 2008 global financial crisis and helped boost Hungary's economic growth rate to around 4% to 5%.
  • The VAT rate on home building projects will again be 5% until Dec. 31, 2022.
Published 08 Oct, 2020 12:37am
Fed's Williams says US economy 'nowhere near' full recovery
USA

Fed's Williams says US economy 'nowhere near' full recovery

  • The good news is that the economy has started to recover and the unemployment rate has come down.
  • The Fed vowed last month to keep interest rates at their current near-zero level until the economy is at full employment,
Published 08 Oct, 2020 12:20am
Britain stands with France, Germany over Navalny, Raab says
Europe

Britain stands with France, Germany over Navalny, Raab says

  • The UK stands side by side with our German and French partners in our response to the abhorrent poisoning of Alexei Navalny.
  • We will work together with our international partners to take forward sanctions targeting Russian officials and others.
Published 08 Oct, 2020 12:17am
Qatar makes formal request for F-35 jets
Middle East

Qatar makes formal request for F-35 jets

  • As a matter of policy, the United States does not confirm or comment on proposed defense sales or transfers until they are formally notified to Congress.
  • Israel has signaled stiff opposition to a UAE sale and would likely be just as resistant to one with Qatar.
Published 08 Oct, 2020 12:10am