Month: May 2020

Britain’s system for tracing those with the novel coronavirus was under fire on Thursday as it grappled with the development of a tracking app and health workers warned the government that unless there was clarity […]

Israeli Anti-Viral Mask Maker Sonovia Eyes Nasdaq Listing

Israel’s Sonovia, which makes washable and reusable anti-viral masks, is considering going public on Nasdaq by the end of this year, its chief technology officer said, Reuters writes. The masks are coated in zinc oxide […]

Lufthansa Closes in on $10bn State Rescue Deal

Lufthansa is in advanced talks over a 9 billion euros ($9.9 billion) state bailout that would see Germany take a 20% stake in its flagship airline, as countries battle to save an aviation industry hammered […]

Shares Lose Footing, Oil Marches On

Equity markets slipped on Thursday on concerns about the long-term impact of the new coronavirus and simmering U.S.-China tensions, though those worries couldn’t stop oil prices from marching to a 2-1/2 month high, Reuters writes. […]

U.S. Showcases Planes at Japan Base to Show It’s Ready for Action Despite Pandemic

U.S. Air Force transport aircraft on Thursday massed at Washington’s key Asian military air transportation hub, Yokota Air Base in Japan, to show potential foes and allies it was ready for action despite the coronavirus […]

Trump Steps Up Attacks on Mail Vote

President Donald Trump on Wednesday escalated his assault against mail voting, falsely claiming that Michigan and Nevada were engaged in voter fraud and had acted illegally, and threatening to withhold federal funds to those states […]

Supreme Court Blocks Disclosure of Russia Report Material

The U.S. Supreme Court on Wednesday blocked the disclosure to a Democratic-led House of Representatives committee of grand jury material redacted by President Donald Trump’s administration from former Special Counsel Robert Mueller’s report documenting Russian […]

U.S. Arrests Two Men Wanted by Japan Over Carlos Ghosn’s Escape

U.S. authorities on Wednesday arrested a former U.S. Army Special Forces soldier and another man in Massachusetts wanted by Japan on charges that they enabled the escape of former Nissan Motor Co boss Carlos Ghosn […]

Coronavirus Tally Rises in Saudi Arabia, Bahrain

Coronavirus tally has risen in Saudi Arabia and Bahrain in the past 24 hours, according to health authorities in both countries on Monday, Anadolu Agency reported. In Saudi Arabia, eight fatalities were recorded, pushing the […]

Iran Claims Its Navy Will Still Operate in Gulf

The Iranian navy will maintain regular missions in the Gulf, the ISNA news agency reported on Wednesday, a day after the United States warned mariners there to stay away from U.S. warships, Reuters reported. “The […]

US admin discusses raising the debt ceiling

Twenty-Year Treasury Bond Will Add to $25 Trillion U.S. Debt Pile

Investors expect robust demand for the Treasury Department’s new $20 billion issue of 20-year bonds, set to launch Wednesday, from U.S. institutions, foreign investors and other market participants, Reuters reports. The government’s borrowing needs have […]

Japan Ruling Party Calls for Mix of Monetary and Fiscal Stimulus

Japan must maintain an appropriate “policy mix” by adopting strong fiscal spending to go with the Bank of Japan’s powerful monetary easing to protect the economy and jobs from the coronavirus fallout, the ruling Liberal […]

Stocks Adrift as Vaccine Rally Falters

European stocks slipped lower on Wednesday and gold gained as a sceptical press report undermined some hopes for a COVID-19 vaccine and concern about obstacles to a recovery from the pandemic returned, Reuters informs. Italian […]

California Gov prposed new $2.7 billion disaster responsee package to fight coronavirus

U.S. Department of Justice Warns California Governor Over Church Closings

The U.S. Department of Justice on Tuesday warned California’s governor that his COVID-19 restrictions discriminated against places of worship by preventing them from meeting while businesses and film studios are allowed to carry on working, […]

Trump Allies Lining up Doctors to Prescribe Quick Reopening

Republican political operatives are recruiting “extremely pro-Trump” doctors to go on television to prescribe reviving the U.S. economy as quickly as possible, without waiting to meet safety benchmarks proposed by the federal Centers for Disease […]

LUNCHTIME POLITICS: Biden’s VP Pick? – North Carolina Senate, Governor – Florida – Coronavirus Update

May 19, 2020 John Ganjei

Your Daily Polling Update for Tuesday, May 19, 2020 TRUMP JOB APPROVAL: AVERAGE 45%Same as Thursday RON’S COMMENT: Today’s average is based on five polls, ranging from 41% (Reuters) to 48% (Rasmussen). Without these extremes […]

Biden’s New Nickname for Trump: ‘President Tweety’

The former vice president and presumptive Democratic nominee Joe Biden revealed on Monday that he’s calling Donald Trump “President Tweety,” although less than a week ago he said that he was “really resisting” giving Trump a nickname, […]

Pompeo Says He Wasn’t Aware State Department Watchdog Was Investigating Him

Secretary of State Mike Pompeo acknowledged that he requested that President Donald Trump fire State Inspector General Steve Linick, accusing him of “undermining” his department’s mission, but rejected any claims that he knew that Linick was investigating […]

Actions made to combat the delta version should still be successful in combating the newly discovered omicron variation, according to World Health Organization officials.

Trump Threatens to Keep WHO Funding Freeze in Place after WH Probe

President Donald Trump published a blistering letter late Monday addressed to the head of the World Health Organization, stating that his administration conducted a probe that confirmed the health body’s multiple failures in the early stages […]

California Opens Up Coronavirus Funding for Immigrants in State Illegally, Faces Backlash

Undocumented immigrants in California from now on can apply for the state’s coronavirus relief program that will give $500 per person and up to $1,000 per household, according to reports Monday, Fox News informed. The Los Angeles […]

Sen. Ron Johnson Wants Email from Susan Rice Fully Declassified, Report Says

Sen. Ron Johnson, R-Wisc., requested the Trump administration to declassify the entire email that President Barack Obama’s former national security Susan Rice sent herself just before her boss was about to leave office, a report said, Fox News informed. Politico reported Monday […]

Saudi Stocks Extend Gains as Gulf Tracks Global Rally

Major Gulf stock markets rose in early trade on Tuesday, taking their cue from gains at global equities on hopes for a coronavirus vaccine and a rally in oil price continued its rally, Reuters reported. […]

Trump Claims He Is Taking Hydroxychloroquine Despite FDA Warning

President Donald Trump, in a surprise announcement, said on Monday he is taking hydroxychloroquine as a preventive medicine against the coronavirus despite medical warnings about the use of the malaria drug, Reuters reports. Trump volunteered […]

Promising Virus U.S. Vaccine Trials Reported

The phased reopening of U.S. business and social life gained traction on Monday with more Americans emerging from coronavirus lockdowns and financial markets boosted by promising early results from the first U.S. vaccine trial in […]

World Economic Forum: Long-Lasting Global Recession Likely Due to COVID-19

Risk managers expect a prolonged global recession as a result of the coronavirus pandemic, a report by the World Economic Forum showed on Tuesday, Reuters reported. Two-thirds of the 347 respondents to the survey – […]

US and China will meet for the first time at a high level since Russia's attack on Ukraine as Biden tries to get Beijing's help with the war.

Nasdaq to Tighten Listing Rules, Restricting Chinese IPOs

Nasdaq is set to unveil new restrictions on initial public offerings (IPOs), a move that will make it harder for some Chinese companies to debut on its stock exchange, people familiar with the matter said […]

De Blasio: NYC Needs Billions in Federal Aid for City Economy to Get Back on Track

New York City Mayor Bill de Blasio has stated that the city needs $7.5 billion in federal aid to get back on track after being crippled by the coronavirus pandemic that has killed thousands of residents and shut down […]

Pompeo Warns China after Revealing it ‘Threatened to Interfere’ with Work of US Journalists in Hong Kong

Secretary of State Mike Pompeo issued a warning to China on Sunday, stating that he’s learned that the communist country has been threatening to obstruct American journalists in Hong Kong, Fox News informed. “It has recently come to my attention that the Chinese government has […]

Japan Braces for Worst Postwar Slump as Economy Goes Into Recession

Japan’s economy slipped into recession for the first time in 4-1/2 years in the last quarter, putting the nation on course for its deepest postwar slump as the coronavirus crisis ravages businesses and consumers, Reuters […]

Saudi Arabia’s Plans Stall for Futuristic £400bn Megacity

Saudi Arabia’s construction of the £400 billion futuristic megacity Neom has been delayed due to plunging oil prices and coronavirus fears hitting the land of billionaire princes, the Daily Mail reported. The futuristic tech-hub was […]