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COVID-19 TOTAL DAILY
CASES 308,217 799
DEATHS 6,437 5
Mnuchin says US Treasury cannot act on own to avert airline layoffs
USA

Mnuchin says US Treasury cannot act on own to avert airline layoffs

  • Airlines have been pushing Congress for months to back a new $25 billion bailout and extend payroll assistance to prevent passenger airline layoffs for another six months.
  • "Unfortunately there is not," Mnuchin said. He added the funding from Congress approved in March "literally saved the entire industry."
Published 24 Sep, 2020 11:55pm
US CDC reports 201,411 coronavirus deaths
USA

US CDC reports 201,411 coronavirus deaths

  • The CDC reported its tally of cases of the respiratory illness known as COVID-19.
  • The CDC figures do not necessarily reflect cases reported by individual states.
Published 24 Sep, 2020 11:37pm
Mary Trump, niece of Donald Trump, sues US president and family for fraud
USA

Mary Trump, niece of Donald Trump, sues US president and family for fraud

  • The complaint accused Donald Trump, his sister Maryanne Trump Barry, and his brother Robert Trump, who died in August, of "rampant fraud and misconduct."
  • She accused the siblings of seizing control of the real estate empire built by their father Fred Trump Sr, who died in 1999, and exploiting it to enrich themselves.
Published 24 Sep, 2020 11:11pm
Trump unveils new sanctions targeting Cuban rum, cigars, hotels
USA

Trump unveils new sanctions targeting Cuban rum, cigars, hotels

  • The moves were the latest in Trump's effort, since taking office in January 2017, to roll back a detente with America's old Cold War foe pursued by his Democratic predecessor.
  • Trump's aides believe his toughened stance on Cuba has gone down well in the large Cuban-American community in south Florida.
Published 24 Sep, 2020 12:01am
US CDC reports 200,275 coronavirus deaths
USA

US CDC reports 200,275 coronavirus deaths

  • The CDC reported its tally of cases of the respiratory illness known as COVID-19.
  • The CDC figures do not necessarily reflect cases reported by individual states.
Published 23 Sep, 2020 11:50pm
Pompeo warns local US politicians to be alert to Chinese 'influence and espionage'
USA

Pompeo warns local US politicians to be alert to Chinese 'influence and espionage'

  • Know that when you are approached by a Chinese diplomat, it is likely not in the spirit of cooperation or friendship.
  • The latest swipe at Beijing comes in the run-up to the November presidential election, in which US President Donald Trump has made a tough approach to China an important foreign policy platform.
Published 23 Sep, 2020 11:20pm
Venezuela launches London appeal in battle for $1bn in gold
USA

Venezuela launches London appeal in battle for $1bn in gold

  • The Banco Central de Venezuela (BCV) board controlled by the Maduro government is challenging a High Court ruling in July.
  • the bullion is his to control as the British government, along with around 60 others around the world.
Published 23 Sep, 2020 01:15am
Canada at 'crossroads' with COVID-19 case numbers rising
USA

Canada at 'crossroads' with COVID-19 case numbers rising

  • Canada is at a crossroads and individual action to reduce contact rates will decide our path.
  • Tam's comments are the latest in a series of warnings from health officials across Canada that the spread of the disease is gaining momentum.
Published 23 Sep, 2020 12:51am
Argentina economy plunges record 19.1pc in second quarter on pandemic impact
USA

Argentina economy plunges record 19.1pc in second quarter on pandemic impact

  • The steep fall, deeper than a 16.3% drop during Argentina's major 2002 crisis, came as the South American country imposed a strict lockdown in mid-March to stem the virus.
  • The key is the lockdown, which restricted supply and was a blow to demand, which pummeled economic activity in the second quarter of 2020.
Published 23 Sep, 2020 12:50am
US House pauses vote on bill to fund government and avoid shutdown
USA

US House pauses vote on bill to fund government and avoid shutdown

  • The delay "relates to numerous agriculture provisions" in the bill, one Democratic aide said. With government funding lapsing on Sept. 30.
  • The bill generally continues current spending levels, avoiding a government shutdown when funding runs out on Sept. 30.
Published 23 Sep, 2020 12:46am
US CDC reports 199,462 coronavirus deaths
USA

US CDC reports 199,462 coronavirus deaths

  • he CDC reported its tally of cases of the respiratory illness known as COVID-19.
  • The CDC figures do not necessarily reflect cases reported by individual states.
Published 22 Sep, 2020 10:39pm
Fed's Barkin says recent labor market improvements will slow
USA

Fed's Barkin says recent labor market improvements will slow

  • Many small businesses are reducing staff to adjust to lower demand, and the level of people filing for jobless claims for the first time each week remains elevated six months after the shutdown.
  • If this rate of initial claims continues, you have to imagine the recent improvements in the labor market are going to slow.
Published 22 Sep, 2020 10:27pm