Tag: U.S.

NEWS

China Enacts Hong Kong Security Law

China, ignoring all concerns from the international community, has enacted a contentious national security law that will allow Beijing to override Hong Kong’s judicial system, and criminalize most dissent in the city. This new move also ultimately removes the autonomy of the territory agreed to with Britain. “The legal firewall, if you like, that separates the two systems [of Hong […]

POLITICS

US Navy Ship Sails Near Venezuela After Arrival Of Iranian Cargo

An American warship in the Caribbean Sea navigated into waters the US Navy says are illegitimately claimed by Caracas. A US Navy ship has navigated near the Venezuelan coast in what the US military’s Southern Command (SOUTHCOM) called a “freedom of navigation operation,” a day after a cargo ship from US foe Iran docked at a port of the South […]

POLITICS

Trump — Not So!

Allegations of Russian interference in U.S. military affairs abroad have surfaced, but the Trump White House denies the charge. Meanwhile, Russia called the report “nonsense.” “This unsophisticated plant clearly illustrates the low intellectual abilities of the propagandists of American intelligence, who instead of inventing something more plausible have to make up this nonsense,” the Russian Foreign Ministry said. The U.S. […]

BUSINESS

U.S. Economic Outlook Not Pretty

Weak demand is forcing U.S. employers to now lay off workers, keeping new applications for unemployment benefits extraordinarily high. This move comes against the backdrop of businesses’ collective outlook that the COVID-19 pandemic could persist longer than expected. A resurgence in confirmed coronavirus cases across the country, linked to the reopening of businesses, is also dimming the outlook. Roughly 29 […]

NEWS

WHO Sounds The Alarm On COVID-19

The coronavirus pandemic has entered a “new and dangerous phase” as daily Covid-19 cases hit record highs, the World Health Organization (WHO) warned recently. “The pandemic is accelerating. More than 150,000 new cases of COVID-19 were reported [on Thursday], the most in a single day so far,” WHO Director-General Tedros Adhanom Ghebreyesus said during a press conference. Almost half of […]

BUSINESS

US Puts 33 Chinese Companies On Blacklist

The U.S. Commerce Department has recently placed new restrictions on 33 Chinese firms and institutions. The agency has added the companies and institutions to an economic blacklist, accusing them of helping China spy on its minority Muslim Uighur population in Xinjiang or because of alleged ties to weapons of mass destruction and China’s military. The move will restrict the sales […]

NEWS

Brazil COVID-19 Death Toll Rises

Nearly 50,000 people have died from the coronavirus in Brazil, making the country the world’s Number 2 hotspot, with 1,022 fatalities in the last 24 hours, according to the country’s health ministry. Brazil confirmed its first case of the novel coronavirus on February 26 and passed 1 million cases on Friday. Meanwhile, the U.S. maintains the number one spot with […]

BUSINESS

Mnuchin — Keep The U.S. Economy Open

Treasury Secretary Steven Mnuchin said that shutting down the U.S. economy for a second time to combat the spread of Covid-19 isn’t a viable option and could cause even more headaches for Americans. “We can’t shut down the economy again. I think we’ve learned that if you shut down the economy, you’re going to create more damage,” said Mnuchin in […]

NEWS

U.S. — COVID-19 Vaccine In Final Stage

A vaccine against COVID-19 developed by United States biotech firm Moderna will enter the third and final stage of its clinical trial in July with 30,000 people, the manufacturer has announced. Some will get the real shot and some a dummy shot as scientists carefully compare which group winds up with the most infections. Meanwhile, with far fewer COVID-19 cases […]

BUSINESS

The U.S. Economy Belches

The U.S. economy roars back in May after suffering record losses in the prior months. Some financial analysts have concluded that this is a clear sign that the downturn triggered by the COVID-19 pandemic may have been left behind. However, others have expressed caution and warned that challenging times lie ahead. The Labor Department’s statistics revealed jobless rate falling to […]