World News

Analysis: Diab was meant to fail. He did it well

The political establishment that appointed Hassan Diab as Lebanon’s PM only stood to benefit from his failure. Beirut, Lebanon – “They” controlled the state.  “They” blocked the government’s reform efforts. “They” were ultimately to blame for a catastrophic explosion that ripped through Beirut a week ago. In his resignation speech on Monday evening, Lebanese Prime […]

Business

Kodak expects sales volumes to rebound after COVID-19 hit

(Reuters) – Eastman Kodak Co (KODK.N) said on Tuesday it expects sales volumes and working capital to improve in the current quarter after reporting a 31% decline in quarterly revenue due to the COVID-19 pandemic, sending its shares up 7%. The photographic equipment maker’s stock plunged on Monday after the U.S. government blocked a $765 […]

World News

While You Were Sleeping: 5 stories you might have missed, Aug 12

Joe Biden picks Kamala Harris as running mate Democratic presidential candidate Joe Biden on Tuesday tapped Senator Kamala Harris of California as his choice for vice-president, his campaign told supporters in a text message. Harris, 55, becomes the first black woman on a major presidential ticket in US history and providing him with a partner well suited […]

Business

U.S.-China trade deal is 'fine', China still buying U.S goods: Kudlow

WASHINGTON (Reuters) – China is continuing to buy U.S. goods and particularly commodities under the U.S.-China Phase 1 trade deal signed in January, despite rising tensions on Hong Kong and other issues, White House economic adviser Larry Kudlow said on Tuesday. Asked if deteriorating ties between the world’s two largest economies on other fronts could […]

World News

Putin hails new Sputnik moment as Russia is first to approve a COVID-19 vaccine

MOSCOW (Reuters) – President Vladimir Putin said on Tuesday that Russia had become the first country to grant regulatory approval to a COVID-19 vaccine after less than two months of human testing, a move Moscow likened to its success in the Cold War-era space race. The vaccine, which will be called “Sputnik V” in homage […]

Politics

Coronavirus: Boris Johnson insists he has ‘no doubt’ schools can fully reopen safely

The prime minister has said he has “no doubt” that schools can fully reopen safely next month, despite reported warnings from scientists that secondary school pupils transmit coronavirus like adults. Boris Johnson said schools were doing a “huge amount” to make sure the planned return of all pupils to the classroom is done safely amid […]

World News

New cases end New Zealand's 'COVID-free' status; Auckland back in lockdown

WELLINGTON (Reuters) – New Zealand announced on Tuesday it was shutting down its largest city, Auckland, after four new cases of COVID-19 were discovered in the city, the first evidence of domestic transmission after being coronavirus-free for 102 days. New Zealand’s successful fight against COVID-19 was hailed globally and the Pacific island nation of 5 […]

Politics

Trump White House mulls entry ban for U.S. citizens thought to have COVID-19

President Donald Trump is reportedly considering a proposal that would allow border officials to temporarily block U.S. citizens or legal residents from entering the country if authorities believe they may be infected with the coronavirus, an extraordinary step as the county grapples with the ongoing pandemic. The New York Times first reported Monday evening that […]

World News

World War 3 ‘threat is real’ warning after North Korea’s missile scare infuriated China

We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. North Korea’s missile testing in recent years has resulted in growing tensions in Asia while also increasing hostility with the US. Kim Jong-un’s country completed a staggering 10 missile tests in 2019, […]

Politics

Trump’s payroll tax break weakens Social Security, Dems claim

WASHINGTON (AP) — President Donald Trump’s move to defer Social Security payroll taxes could be taking him into treacherous political territory. His directive — aimed at boosting an economy shaken by the coronavirus pandemic — doesn’t affect retirement benefits but impacts how they’re paid for. Democrats seized on it Monday as a signal that Trump […]