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Showing posts from April 18, 2020

First hit, first opened? Seattle eyes reopening economy

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"It's a marathon, not a sprint," Mayor Jenny Durkan said. "We're not even really halfway through, even though we've hit the peak." from Yahoo News - Latest News & Headlines https://ift.tt/3aliOC6 via Latest News

Trump blasts new coronavirus message: 'LIBERATE' swing states that have Democratic governors

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President Trump fired off a series of tweets Friday that appeared to encourage citizens in states protesting strict coronavirus lockdown orders to “LIBERATE” themselves from their governors. from Yahoo News - Latest News & Headlines https://ift.tt/34LDHFe via Latest News

Italy's daily coronavirus death toll lowest since April 12

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Deaths from the COVID-19 epidemic in Italy rose by 482 on Saturday, the lowest daily increase since April 12, while the number of new cases was stable at 3,491, the Civil Protection Agency said. The death toll had risen by 575 on Friday, up from 525 the day before, with 3,493 new cases recorded. from Yahoo News - Latest News & Headlines https://ift.tt/3cuHzNI via Latest News

Ilhan Omar unveils bill to cancel rent and mortgage payments amid pandemic

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Landlords and mortgage holders would be able to have losses covered by the federal government under the legislation * Coronavirus – live US updates * Live global updates * See all our coronavirus coverageThe Minnesota congresswoman Ilhan Omar has unveiled a bill that would cancel rent and mortgage payments for millions of Americans struggling amid the coronavirus pandemic.Under the legislation announced on Friday, landlords and mortgage holders would be able to have losses covered by the federal government. The program would extend for a month beyond the end of the national emergency, which was declared on 13 March, and would be made retroactive to cover April payments.The proposal comes amid an unprecedented housing crisis: 31% of Americans in rental accommodation could not pay rent at the beginning of this month. Millions have lost their jobs since.Federal answers have been limited. The Cares Act stimulus package included $12bn for Department of Housing and Urban Development programs...

Donald Trump denies US has most coronavirus deaths and says 'strange things are happening' in China

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President Donald Trump says that "a lot of strange things are happening" regarding the origins of the coronavirus and claims that China has far more deaths than its figures suggest. Mr Trump cast doubt on China's official death toll, which was revised up on Friday. China said 1,300 people who died of the coronavirus in the Chinese city of Wuhan - half the total - were not counted, but dismissed allegations of a cover-up. The US president said on Friday that many more people must have died in China than in the US, which is currently the epicentre of the global pandemic and has reported the largest number of deaths in the world linked to the virus. "We don't have the most in the world deaths," Mr Trump said. "The most in the world has to be China. It's a massive country. It's gone through a tremendous problem with this, a tremendous problem - they must have the most." from Yahoo News - Latest News & Headlines https://ift.tt/2ykQ9Qm v...

Jeff Bezos reportedly buys 4th condo in NYC for $16 million and now owns nearly $100 million in property in one building alone

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The latest purchase would be on top of the $80 million worth of real estate Jeff Bezos already owns in the same New York City building. from Yahoo News - Latest News & Headlines https://ift.tt/2xuZuFf via Latest News

Mexico Downgraded to Baa1 by Moody’s on Weak Growth Outlook

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(Bloomberg) -- Mexico received a long-anticipated downgrade by Moody’s Investors Service after a year of economic contraction and persistent uncertainty.The nation’s sovereign debt was downgraded one notch to Baa1 with a negative outlook, the rating firm said in a statement. Mexico has held a solid A3 investment-grade rating since 2017, but Moody’s lowered the country’s outlook from stable to negative in June 2019.“Mexico’s medium term economic growth prospects have materially weakened,” analyst Ariane Ortiz-Bollin wrote in the decision. “The continued deterioration in Pemex’s financial and operational standing is eroding the sovereign’s fiscal strength.”Moody’s also cut Pemex’s rating two notches to Ba2, well into junk levels, fueling concerns that the state oil company’s bonds could be in line for a forced sell-off. The outlook on Pemex’s rating remains negative.The decision follows a downgrade by Fitch Ratings Inc. on Wednesday to BBB-, the lowest investment grade score, and a downg...

How coronavirus could change wedding culture — even after the pandemic ends

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As the novel coronavirus outbreak unfolds, the modern wedding industry faces an unprecedented challenge and couples are downscaling their celebrations. from Yahoo News - Latest News & Headlines https://ift.tt/34TT8LO via Latest News

Photos capture North Korea ships' sanctions busting in Chinese waters: U.N. report

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On Oct. 10 last year, eight North Korean vessels - several carrying illicit coal shipments - were anchored in Chinese waters off the port of Ningbo-Zhoushan, according to a photo in a U.N. report published online on Friday. The annual report to the U.N. Security Council by independent sanctions monitors said North Korea continued to flout council resolutions "through illicit maritime exports of commodities, notably coal and sand" in 2019, earning Pyongyang hundreds of millions of dollars. from Yahoo News - Latest News & Headlines https://ift.tt/2VgCSkE via Latest News

People entering Canada could face a $750,000 fine if they don't quarantine for 14 days — even if they don't show coronavirus symptoms

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Canada also said it would require people coming on planes to prove they have a mask to cover their nose and mouth. from Yahoo News - Latest News & Headlines https://ift.tt/2XLHhxJ via Latest News

Hannity Lauds South Dakota, Home of Worst U.S. Virus Cluster, for Never Having to Shut Down

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Fox News host Sean Hannity touted South Dakota on Thursday night as a state that has never had to shut down amid the coronavirus pandemic, leaving unmentioned that it is home to the country’s worst coronavirus cluster.Applauding President Donald Trump’s latest guidelines for governors to explore reopening their states during the crisis, Hannity kicked off his primetime broadcast by pointing to the Upper Midwest state as a good example of an area that can quickly get back to work.“Earlier today, [Trump] unveiled—finally we can hopefully move on— the federal government’s three-phase plan to reopen America again,” he said. “Starting as early as May 1 but actually earlier in some places. South Dakota never closed—at all! Even their restaurants stayed open.”Later in Hannity’s monologue, after noting that many industries and essential businesses have remained open through the pandemic, he once again pointed to the state as an exemplar for returning to normal.“The details of this plan include...

China says there has never been a cover-up on coronavirus outbreak

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Chinese foreign ministry spokesman Zhao Lijian said on Friday there has never been a cover-up of the coronavirus outbreak in China and the government does not allow any cover-ups. Zhao told reporters at a daily briefing that the revision of the case toll in Wuhan, where the epidemic first emerged in late 2019, was the result of a statistical verification to ensure accuracy and that revision is a common international practice. Wuhan's health authority earlier on Thursday revised up its cumulative death toll by 50% to 3,869 to rectify what it called incorrect reporting, delays and omissions. from Yahoo News - Latest News & Headlines https://ift.tt/3ct9cq6 via Latest News

Turkish Banks Ask Regulator to Help Smooth Tensions With Erdogan

from Yahoo News - Latest News & Headlines https://ift.tt/2xBSBSn via Latest News

John Kerry: New Trump environmental rules will 'kill more Americans'

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Former Secretary of State John Kerry charged Thursday that the Trump administration was using the coronavirus pandemic as a cover to weaken key environmental regulations that will “kill more Americans.” from Yahoo News - Latest News & Headlines https://ift.tt/2VeBDCE via Latest News

IMF, World Bank pledge help amid calls for more debt relief

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The 189-nation International Monetary Fund and its sister lending agency, the World Bank, on Friday pledged to step up their efforts to cushion the blow to the global economy from the coronavirus pandemic. The two agencies' assurance came at the end of their spring meeting where they heard calls for them to provide more debt relief to poorer nations being battered by the health crisis. IMF Managing Director Kristalina Georgieva and World Bank President David Malpass both stressed that their agencies are well aware of the rising threat from a health crisis that is expected to plunge the global economy into the deepest recession since the Great Depression of the 1930s. from Yahoo News - Latest News & Headlines https://ift.tt/2VhtvBh via Latest News

Tens of thousands defy Bangladesh lockdown for imam's funeral

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Tens of thousands of people defied a nationwide coronavirus lockdown in Bangladesh on Saturday to attend the funeral of a top Islamic preacher, even as authorities battle a surge in virus cases. Police had agreed with the family of Jubayer Ahmad Ansari, that only 50 people would attend the funeral in the eastern town of Sarail because of the risk of spreading the disease. Aide to Prime Minister Sheikh Hasina, Shah Ali Farhad, also said more than 100,000 were present. from Yahoo News - Latest News & Headlines https://ift.tt/2ViTTe9 via Latest News

Amazon reportedly tried to shut down a virtual event for workers to speak out about the company's coronavirus response by deleting employees' calendar invites

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Amazon has now fired five workers since the coronavirus pandemic began who were involved in protests or criticized the company's treatment of workers. from Yahoo News - Latest News & Headlines https://ift.tt/3bepYJz via Latest News

Small-business loan program ran out of money within minutes, some banks say

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“It was Hunger Games,” said one senior banking executive. from Yahoo News - Latest News & Headlines https://ift.tt/2KfWcs3 via Latest News

Argentina unveils foreign debt restructuring proposal

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Argentina unveiled its debt restructuring proposal Thursday, saying it is willing to pay back less than 40 cents for every dollar invested by private creditors in foreign debt securities and that payments would begin in 2023. Economy Minister Martin Guzman laid out the framework to restructure roughly $70 billion in debt as the South American country grapples with a biting recession and the coronavirus pandemic. The plan consists of a 62% reduction in interest payments equivalent to $37.9 billion and a 5.4% capital reduction worth $3.6 billion. from Yahoo News - Latest News & Headlines https://ift.tt/34KrAbB via Latest News

Russia Reports New Record Daily Rise in Coronavirus Cases

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(Bloomberg) -- Russia recorded its largest daily increase in coronavirus infections, with the new cases rising by almost 5,000 in a single day.New infections jumped by 4,785 to 36,793, the official Russian coronavirus information center reported on its website. Forty people died in the past day, including 21 in Moscow, bringing the number of fatalities to 313. The pace of new cases increased 17.6% after slowing to less than 15% in the previous two days.Officials in Moscow have tightened restrictions on moving around the capital, introducing a new system of digital travel passes on Wednesday to try to curb the spread of the virus. President Vladimir Putin has ordered most Russians to stay at home until April 30, warning this week that the epidemic has yet to reach its peak in the country. On Thursday, he postponed all planned public celebrations of the May 9 World War II victory, including the Red Square military parade.For more articles like this, please visit us at bloomberg.comSubscr...

CDC Wants to Know if Some Sailors on Stricken Carrier Developed Coronavirus Immunity

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Medical personnel will take a nasal swab sample and blood tests for sailors on the carrier, which remains docked in Guam. from Yahoo News - Latest News & Headlines https://ift.tt/2RQ4J98 via Latest News

Column: The PPP is letting our small restaurants and businesses die

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The PPP was supposed to save our small restaurants and businesses. But where's the money? from Yahoo News - Latest News & Headlines https://ift.tt/2Vjw1Hp via Latest News

The best chest strap heart rate monitors, as rated by Amazon reviews - CNET

No more slipping, sliding or shimmying with these chest straps. from CNET https://ift.tt/2x0qv2z via Mobiles