U.S. Manufacturing Activity Falls To 11-Year Low Amid COVID-19 Fallout

WASHINGTON, May 3 (NNN-AGENCIES) – Economic activity in the U.S. manufacturing sector plunged to an 11-year low in Apr, amid mounting COVID-19 fallout and weak global energy markets, the Institute for Supply Management (ISM) reported. The Purchasing Managers’ Index (PMI) fell by 7.6 percentage points to 41.5 percent in Apr,…

Experts Caution Against Washington Being “More Aggressive” On China

NEW YORK, May 3 (NNN-XINHUA) – A more aggressive stand adopted by some top U.S. administration officials against China on economic, diplomatic and scientific issues, at the heart of the relationship between the world’s first and second largest economies may backfire, reported The New York Times on Saturday. “Along with…

Iran Threatens To React “Severely” If Arms Embargo Extended

TEHRAN, May 3 (NNN-TASNIM) – The Iranian government, on Saturday, threatened that, in case the arms embargo against Iran is extended, it will trigger a “harsh” response from the country. Ali Rabiee, spokesman for Iranian administration, decried U.S. push for extending the UN Security Council’s arms embargo against Iran, saying,…

“No Scientific Backing” For Claims COVID-19 Could Have Escaped From Wuhan Lab: Scientists

WASHINGTON, May 3 (NNN-XINHUA) – There is “no scientific backing” for the two claims, floated recently by some U.S. politicians and media outlets that, COVID-19 could be human-made and have escaped from a laboratory, scientists said. “The origin of the novel coronavirus is a legitimate area of scientific inquiry, in…

COVID-19 Deaths In U.S. Top 65,000

NEW YORK, May 3 (NNN-AGENCIES) – The number of COVID-19 deaths in the United States topped 65,000 on Saturday morning, reaching 65,244, as of 12:00 a.m. (1600 GMT), according to the Centre for Systems Science and Engineering (CSSE), at Johns Hopkins University. A total of 1,106,373 cases have been reported…

Chile police arrest dozens at Santiago May Day protest

Riot police arrest demonstrators in Santiago SANTIAGO, May 2 (NNN-AGENCIES) — Chilean police on Friday arrested dozens of people, including press photographers, when they broke up a May Day demonstration in the capital Santiago. Demonstrators had gathered in the city’s Plaza Italia in defiance of a government prohibition on public…

Covid-19: Brazil’s Rio de Janeiro opens 2nd field hospital for patients

A new field hospital at the Riocentro convention center  RIO DE JANEIRO, May 2 (NNN-Xinhua) — The Brazilian city of Rio de Janeiro opened on Friday its second field hospital to serve patients infected with COVID-19, as the pandemic has put a strain on the city’s public hospital network. It…

Covid-19: Ecuadorian president urges workers, employers to come to agreements to avoid layoffs amid pandemic

QUITO, May 2 (NNN-Xinhua) — Ecuadorian President Lenin Moreno asked employers and employees to come to agreements to avoid layoffs in the midst of the COVID-19 pandemic, which has strongly impacted the economy. “These are difficult times for Ecuador and the world. That is why it is important, especially now,…

Covid-19: IMF renews $10.8 bn credit line for Colombia as recession looms

WASHINGTON, May 2 (NNN-AGENCIES) — The IMF renewed a nearly $11 billion credit line for Colombia as a backstop amid the growing economic impact of the coronavirus pandemic. Colombia has had a Flexible Credit Line (FCL) since May 2009, and the IMF board has renewed it every two years, providing…

Canada says five missing in navy chopper crash in Mediterranean Sea believed dead

OTTAWA, May 2 (NNN-AGENCIES) — The five missing crew members of a Canadian navy helicopter that crashed during a NATO operation this week into the Mediterranean Sea are presumed dead, officials said. The search and rescue mission undertaken on Wednesday has now officially been transformed into a recovery effort, the…
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