Wall Street’s main stock indexes opened higher on Tuesday as oil prices staged a recovery and a slew of countries eased coronavirus-led restrictions in an attempt to revive economic activity. The Dow Jones Industrial Average .DJI rose 209.12 points, or 0.88%, at the open to 23,958.88. The S&P 500 .SPX …
Read More »US: Another 1,700 virus deaths reported in NY nursing homes
New York state is reporting more than 1,700 previously undisclosed deaths at nursing homes and adult care facilities as the state faces scrutiny over how it’s protected vulnerable residents during the coronavirus pandemic. At least 4,813 people have died from COVID-19 in the state’s nursing homes since March 1, according …
Read More »May the 4th be with you to stay in: Darth Vader enforces Covid-19 lockdown in the Philippines
Darth Vader and his stormtroopers swapped spaceships for riverboats as they made their way around Malabon City on the outskirts of Manila as local authorities tried to enforce the coronavirus lockdown. The representatives of the galactic empire, or local officials in self-made disguise, were met with smiles and waves as …
Read More »First Covid-19 case in France have been as early as December, new evidence suggests
The first coronavirus case in France could have occurred a month earlier than official figures suggest, according to a professor from Avicenne Hospital, following the retesting of 24 patient blood samples. Professor Yves Cohen from the Avicenne Hospital in Bobigny said in an interview with local media that it appears …
Read More »World leaders pledge billions for virus vaccine research
World leaders, organizations and banks on Monday pledged 7.4 billion euros ($8 billion) for research to find a vaccine against the new coronavirus, but warned that it is just the start of an effort that must be sustained over time to beat the disease. The funds, pledged at a video-conference …
Read More »Iran Parliament Approves Bill To Change Currency, Slash Four Zeros
The Iranian Parliament on Monday voted for the details of a government monetary reform bill which will change the country’s currency name and drop four zeros from banknotes. Under the new law, which will come into effect after the final approval of the Guardian Council, the national currency unit will …
Read More »Oil falls on renewed US-China tensions, global glut
Oil prices fell on Monday on worries that a global oil glut may persist even as coronavirus pandemic lockdowns start to ease and amid a fresh spat between the United States and China over the origin of the virus. Brent crude LCOc1 was down 7 cents, or 0.3%, at $26.37 …
Read More »Malaria ‘completely stopped’ by a microbe
Scientists have discovered a microbe that completely protects mosquitoes from being infected with malaria. The team in Kenya and the UK say the finding has “enormous potential” to control the disease. Malaria is spread by the bite of infected mosquitoes, so protecting them could, in turn, protect people. The researchers …
Read More »Jordan sees economy down 3% in 2020 due to coronavirus
Jordan’s cash-strapped economy is expected to contract around 3% in 2020 due to the impact of the coronavirus, the finance minister said on Sunday. The International Monetary Fund (IMF), which last March approved a four-year $1.3 billion programme with the kingdom, had expected Jordan’s economy to grow around 2.1% in …
Read More »Billionaires Got $283 Bln Richer During Coronavirus Pandemic, Study Says
The COVID-19 pandemic has exacerbated economic inequality in the United States, even despite the fact that billionaires’ taxes have surged during this period. US billionaires have increased their wealth by $282 billion during the novel coronavirus pandemic, as estimated by the Institute for Policy Studies. “Between 18 March and 10 …
Read More »FIFA vice-president ponders calendar year season in Europe
FIFA vice-president Victor Montagliani has said that moving the European soccer season to the calendar year is a “possibility to be discussed” in the wake of the coronavirus pandemic which has brought football to a standstill around the world. In an interview with Italy’s Radio Sportiva, Montagliani, who is seen …
Read More »WHO: Coronavirus did not leak from Wuhan Laboratory
The World Health Organization confirmed that the new Corona virus does not descend from a laboratory in Wuhan, China, from which the pandemic started, noting that this strain has a natural origin ” Mike Ryan, director of the World Health Organization’s emergency program, told a news conference today, Friday, in …
Read More »Iraq oil exports at 3.44 million bpd, revenues more than halve in April: statement
Iraq’s total oil exports for April averaged 3.438 million barrels per day (bpd) and oil revenue more than halved to $1.42 billion, a statement from the oil ministry said on Friday. The average price per barrel of oil in April was $13.8. Iraq’s revenue from oil, its main source of …
Read More »NASA plea: Stay home for 1st home astronaut launch in years
NASA and SpaceX on Friday urged everyone to stay home for the first home launch of astronauts in nearly a decade because of the coronavirus pandemic. Top officials warned the public against traveling to Florida for the May 27 launch of two NASA astronauts aboard a SpaceX rocket to the …
Read More »Robots on hand to greet Japanese coronavirus patients in hotels
Coronavirus patients with light symptoms arriving to stay at several Tokyo hotels are likely to get a lift from a pleasant surprise – a robot greeter in the lobby. Japan is now using hotels to house patients who have tested positive for the coronavirus but whose symptoms are too light …
Read More »Sudan Bans Female Genital Mutilation
Sudan has outlawed female genital mutilation (FGM), in a move that has been hailed by women’s rights campaigners. The country’s transitional government approved an amendment to its criminal legislation on 22 April and made it public on Friday. The new law states that anyone who performs FGM, whether inside a …
Read More »Why Belgium has the highest coronavirus death rate in the world
It is rare for Donald Trump to credit other countries with world records, but at a press briefing last month the US President unveiled a list that put Belgium at the top. Unfortunately for Belgium, it was a ranking of deaths from the coronavirus. According to numbers collated by the …
Read More »Wall Street slides at open as Trump warns of new tariffs on China
U.S. stocks fell at open on Friday after President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis, while Apple and Amazon became the latest companies to warn of more pain in the future. The Dow Jones Industrial Average .DJI fell 224.94 points, or 0.92%, at …
Read More »Oil rises further above $26 as OPEC+ begins record cuts
Oil rose further above $26 a barrel on Friday as OPEC and its allies embarked on record output cuts to tackle a supply glut due to the coronavirus crisis that has been weighing on the market. The global oil benchmark, Brent crude, has fallen almost 60% percent in 2020 and …
Read More »PSG crowned Ligue 1 champions after French football canceled due to coronavirus crisis
Paris Saint-Germain was declared champion of the French football league on Thursday after the season ended early because of the coronavirus pandemic. The announcement from the league followed the French government’s decision on Tuesday to call off the football and rugby seasons in the country and end plans to resume. …
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