Tag: Donald Trump

Oil prices open down on persistent oversupply worries

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US crude futures fell more than 5% in early trade on Monday(AP) COURTESY BY: https://www.hindustantimes.com/ US crude futures fell more than 5% in early trade on Monday, paring last week’s gains, on worries about oil oversupply and tempered hopes for an economic recovery as some US states and cities around the world ease coronavirus pandemic restrictions. US West Texas Intermediate (WTI) crude futures fell as low as $18.50 a barrel and last traded down 95 cents, or 4.8%, at $18.83. The benchmark contract rose 17% last week.

Donald Trump revises US Covid-19 toll estimate again to ‘hopefully under 100,000’

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US President Donald Trump talks to reporters as he departs on travel to the Camp David presidential retreat from the South Lawn at the White House in Washington, US, May 1, 2020. (REUTERS) COURTESY BY: https://www.hindustantimes.com/ President Donald Trump on Friday revised the estimate of US fatalities from Covid-19 to “hopefully” less than 100,000, just days after he said he feared it could go up to 60,000 and then to 70,000. His first estimate based on projections by his coronavirus task force was up to 200,000. As of Saturday morning,…

Donald Trump points to Wuhan lab as Covid-19 source, threatens new tariffs as punishment

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US President Donald Trump(Reuters photo)

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COURTESY BY : https://www.hindustantimes.com/ President Donald Trump on Thursday said the United States has intelligence that establishes a virology lab in Wuhan is the source of the pandemic and indicated new tariffs as his administration considers a range of punitive measures such as partly cancelling public debt and allowing victims to sue China. “Yes I have,” Trump told reporters when asked if he has seen intelligence that traces the epidemic’s origin to the Wuhan lab with a high degree of confidence. He did not share any evidence and when asked…

Armed protesters demand end to Covid-19 curbs in US state

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US President Donald Trump holds up a presidential proclamation declaring a “Older Americans Month 2020” during an event about senior citizens and the coronavirus disease (COVID-19) pandemic in the East Room at the White House in Washington.(REUTERS) COURTESY BY: https://www.hindustantimes.com/ Hundred of protestors, some of them armed with guns, swarmed Michigan state’s assembly building in Lansing Thursday demanding removal of stay-at-home Covid-19 restrictions. Michigan is among the hardest hit by the virus with more than 3,700 fatalities till Thursday, and upwards of 41,000 infections. The state’s Democratic governor Gretchen Whitmer has…

US ‘hasn’t seen’ North Korean leader Kim Jong-un recently, Mike Pompeo

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COURTESY BY: https://www.bbc.com/news/ US officials “haven’t seen” North Korean leader Kim Jong-un recently and are watching reports about his health “closely”, US Secretary of State Mike Pompeo has said. He also expressed concern that the hermit state could be hit either by the coronavirus outbreak or a famine. Mr Kim, 36, last appeared in state media on 12 April, triggering speculation that he was seriously ill. But officials in South Korea later said such reports were not true. Kim Jong-un illness rumours denied amid intense speculation Who might lead N…

US finds tentative cure for Covid-19, hunts chutes for a vaccine

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A lab technician visually inspects a filled vial of investigational coronavirus disease treatment drug remdesivir at a Gilead Sciences facility in La Verne, California, US. (Gilead Sciences Inc/Handout via Reuters) COURTESY BY: https://www.hindustantimes.com/ A sliver of hope ran through a nation ravaged by a new virus and shuttered at home after a top US government scientist announced Wednesday that data from ongoing federal trials demonstrated that an antiviral drug can significantly shorten the duration of the illness and hasten recovery from coronavirus. News reports indicated the US Food and Drug…

Congress Must Stand Up to the White House and Deliver Relief to the Postal Service

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A United States Postal worker makes a delivery with gloves and a mask in Philadelphia. (Matt Rourke / AP Photo

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COURTESY BY: https://www.thenation.com/ EDITOR’S NOTE: The Nation believes that helping readers stay informed about the impact of the coronavirus crisis is a form of public service. For that reason, this article, and all of our coronavirus coverage, is now free. Please subscribe to support our writers and staff, and stay healthy. This month, the US Postal Service sounded the alarm: Mail revenue could drop by more than 50 percent this year as a result of the novel coronavirus crisis. Without a large federal cash infusion, the USPS may not survive he summer. On Capitol Hill, leaders on both…

Trump faces the risk of a coronavirus cliff

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Unemployed Americans will lose a federal safety net long before the economy fully recovers — potentially creating a messy Election Day for the GOP. COURTESY BY: https://www.politico.com/ Republicans are trying to pull off a high-wire act over the next three months: Reopen the economy enough to get most jobless Americans back to work and off the public dole, while resisting another giant stimulus package. If they fail, they’ll face a coronavirus cliff — an even deeper collapse in spending and sky-high unemployment in the months before Election Day. That could…

Ohio’s G.O.P. Governor Splits From Trump, and Rises in Popularity

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Gov. Mike DeWine wore a protective mask made by his wife at a coronavirus briefing this month. His handling of the pandemic has led to a surge in his approval ratings.Credit…Doral Chenoweth/The Columbus Dispatch, via Associated Press COURTESY BY: https://www.nytimes.com/ For 40 years, Mike DeWine rose steadily if blandly up the ladder of Ohio politics, finally landing his dream job as governor. He took office last year as a familiar figure in the state, not because of any indelible political identify, but because, at 72, he had been around forever.…

Trump and Florida’s DeSantis talk reopening plans and share mutual congratulations

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COURTESY BY: CNN Politics

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COURTESY BY: https://edition.cnn.com/ Last week, when a Republican governor set plans to begin reopening his state, President Donald Trump signed off before reversing himself and declaring the strategy a mistake. This week, as another GOP governor contemplates his own reopening scheme, he’s talking to the President in person. Florida Gov. Ron DeSantis traveled to Washington on Tuesday to meet with Trump in the Oval Office as the expiration of his state lockdown order nears on May 1. He said during the meeting he would unveil his reopening plans on Wednesday. And he made…