Tag: United States

1.9 million in US seek jobless aid even as reopenings slow layoffs

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COURTESY BY: https://www.hindustantimes.com/ Nearly 1.9 million people applied for US unemployment benefits last week, the ninth straight decline since applications spiked in mid-March, a sign that the gradual reopening of businesses has slowed the loss of jobs. The diminishing pace suggests that the job market meltdown that was triggered by the coronavirus may have bottomed out as more companies call at least some of their former employees back to work. The total number of people who are now receiving jobless aid rose only slightly to 21.5 million, suggesting that rehiring…

Maq saved cricket in America

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Maq Qureshi praised for saving American cricket.

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SOUTH CAROLINA/USA – Outspoken cricket team owner Sanju Patel says that cricket administrator Mahammad Qureshi saved cricket in America. Speaking on the popular cricket network MaqTV, he said that he formed a team because of Qureshi’s tournament the US Open T20, and because of that, many of his players have gone on to represent the US. According to Patel: “Back in 2009, I met Maq and decided to form a team to play at his US Open T20 tournament. My team the US Tigers have stayed together since and it…

Donald Trump tests negative for coronavirus after report valet infected

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COURTESY BY: https://www.hindustantimes.com/ President Donald Trump and Vice President Mike Pence have tested negative for coronavirus(REUTERS) President Donald Trump and Vice President Mike Pence have tested negative for coronavirus after finding out a member of the U.S. military who worked on the White House campus had become infected, a White House spokesman said on Thursday. The military official was identified by CNN as personal valet to Trump.

Iran says US push to extend Tehran’s arms embargo is ‘illegitimate’

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President Donald Trump’s administration has been taking a harder line with the United Nations over its desire to extend and strengthen the embargo on Iran.(REUTERS) COURTESY BY: https://www.hindustantimes.com/ Iran dismissed as “illegitimate” efforts by the United States to extend the U.N. Security Council arms embargo on Tehran, an Iranian Foreign Ministry spokesman said on Monday. “Iran is not seeking to exit the 2015 nuclear deal with six powers … America’s move is illegitimate and our reaction will be proportionate,” Abbas Mousavi said in a televised weekly news conference. The United…

US has very ‘conclusive’ report on Covid-19’s China origins, says Trump

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U.S. President Donald Trump listens during a Fox News town hall at the Lincoln Memorial in Washington, D.C., U.S., on Sunday, May 3, 2020. (Bloomberg) COURTESY BY: https://www.hindustantimes.com/ President Donald Trump promised a “conclusive” report from the U.S. government on the Chinese origins of the coronavirus outbreak, adding that he has little doubt that Beijing misled the world about the scale and risk of the disease before it became a global pandemic. “We will be giving a very strong report on what we think happened, and I think it will…

Covid-19: Italy begins to emerge from world’s longest nationwide lockdown

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People wearing face masks cross Ponte Milvio bridge, as the spread of the coronavirus disease (COVID-19) continues, in Rome, Italy, May 1, 2020. (REUTERS) COURTESY BY: https://www.hindustantimes.com/ Stir-crazy Italians will be free to stroll and visit relatives for the first time in nine weeks on Monday as Europe’s hardest-hit country eases back the world’s longest nationwide coronavirus lockdown. Four million people — an estimated 72 percent of them men — will return to their construction sites and factories as the economically and emotionally shattered country tries to get back to…

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.

‘Nothing can stop America’: Warren Buffett says US can withstand Covid-19

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File photo of Warren Buffett, chairman and CEO of Berkshire Hathaway(Reuters File ) COURTESY BY: https://www.hindustantimes.com/ Billionaire investor Warren Buffett on Saturday said the United States’ capacity to withstand crises provides a silver lining as it combats the coronavirus, even as he acknowledged that the global pandemic could significantly damage the economy and his investments. Over more than 4-1/2 hours at the annual meeting of Berkshire Hathaway Inc, Buffett said his conglomerate has taken many steps responding to the pandemic, including providing cash to struggling operating units, and throwing in…

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…