Covid-19: Pres Trump calls off stimulus talks, Fed says recovery faster with aid

WASHINGTON, Oct 7 (NNN-AGENCIES) — President Donald Trump called off talks on a new stimulus plan to boost the Covid-ravaged US economy until after the election, sending Wall Street plunging and upending recent progress made in the long-delayed negotiations. The Tuesday afternoon tweet undid optimism that had developed in recent…

Covid-19: UK hospitality to shed over 560,000 jobs – CEO

LONDON, Oct 7 (NNN-AGENCIES) — Britain’s hospitality sector will shed more than 560,000 jobs this year as the coronavirus pandemic kills trade in bars, hotels, nightclubs, pubs and restaurants, its boss warned Tuesday. Kate Nicholls, chief executive of UKHospitality, told a cross-party panel of MPs that a recent survey showed…

Covid-19: Downturn not as bad as feared; crisis not over, says IMF chief

WASHINGTON, Oct 7 (NNN-AGENCIES) — The global downturn caused by the coronavirus pandemic will not be as bad as originally feared thanks to a flood of government spending, but the crisis is far from over, IMF chief Kristalina Georgieva said. “The picture today is less dire… allowing for a small…

Covid-19: US agency wants 2 months safety data before approving vaccine

WASHINGTON, Oct 7 (NNN-AGENCIES) — The US Food and Drug Administration made public its guidance for issuing emergency approval for a Covid-19 vaccine, making it clear it wants to see follow-up two months after trial volunteers have their second dose. It is therefore unlikely for Donald Trump’s administration to have…

Armenian PM blames Turkey for deadly Karabakh escalation

STEPANAKERT (Azerbaijan), Oct 7 (NNN-AGENCIES) — Armenian Prime Minister Nikol Pashinyan said that Turkey’s encouragement of Azerbaijan was to blame for the outbreak of fighting over the disputed Nagorno-Karabakh region, as Ankara renewed its support for Baku. “Without Turkey’s active engagement this would not have begun,” Pashinyan said in an…

UN Human Rights Council deepens relations with Venezuela

Venezuelan Foreign Minister participating in the international seminar, “Let Us Breathe: Sanctions As a Human Rights Violation,” in Caracas CARACAS, Oct 7 (NNN-TELESUR) — The UN Human Rights Council has approved a resolution to strengthen the joint work between the Office of the High Commissioner, Michelle Bachelet, and the government…

President Obrador: ‘The Honduran migrant caravan won’t pass through Mexico’

The immigrant caravan crosses a river on its way to the US-Mexico border MEXICO CITY, Oct 7 (NNN-TELESUR) — Mexico’s President Andres Manuel Lopez Obrador (AMLO) assured that the Honduran migrant caravan stopped and will no longer transit through his country. “The group of migrants changed its decision after we…

Covid-19: Panama to resume tourism on Oct 12

PANAMA CITY, Oct 7 (NNN-TELESUR) — The government of Panama announced the resume of tourism activities on Oct 12 as part of its plan to foster its economy during the pandemic. “After closing our borders at the end of March, we are pleased to welcome back tourists to Panama,” Tourism…

Delta becomes a hurricane heading to Mexico’s Yucatan peninsula

MIAMI, Oct 7 (NNN-TELESUR) — The weather phenomenon Delta became a category two hurricane in the Caribbean Sea during its path to Mexico’s Yucatan Peninsula, where it will strike this midnight. According to the U.S. National Hurricane Center forecast, Delta could reach Mexican territory as a category three hurricane on…

Covid-19: Top US military leaders quarantine after official tests positive

Mark Milley has tested negative for coronavirus WASHINGTON, Oct 7 (NNN-AGENCIES) — Top US General Mark Milley and other military leaders are self-quarantining after a senior Coast Guard official tested positive for coronavirus.Admiral Charles Ray, vice commandment of the US Coast Guard, tested positive after experiencing mild symptoms.Other officials were…