U.S. Senate Majority Leader Mitch McConnell (R-KY) said that if House Speaker Nancy Pelosi (D-CA) and Treasury Secretary Steven Mnuchin can resolve the final differences, and pass a Coronavirus Stimulus Bill in the House of Representatives, then the Senate will take over the bill.
Tag: coronavirus
Netflix’s Revenue Falls Short of Market Expectations
Before the market opened on Wednesday, Netflix’s stock price plunged 5.4%. The third-quarter revenue was $6.436 billion, an increase of 22.7% this year. It was expected to be $6.39 billion. Net profit was $790 million, and EPS was $1.74, which was lower than the expected $2.13.
Weak Dollar, Stimulus Optimism Driving Gold
Gold futures closed higher thanks to US Dollar weakness and optimism that a coronavirus assistance program will be passed prior to the US presidential election in less than two weeks. This enhanced gold ‘s appeal as a hedge against inflation. At the same time, copper futures prices hit their highest closing level in more than two years.
Lagarde: New Coronavirus Cases Pose “Clear Risk” to Economy
European Central Bank President Christine Lagarde said on Tuesday that the unexpectedly accelerated growth of new coronavirus poses a “clear risk” to the economic outlook. This statement is a sign that policymakers will step up to adopt more monetary stimulus measures.
Coronavirus — Johnson Locks Down Northern England
As per a directive from British Prime Minister Boris Johnson, effective this weekend, northern England will enter a “very high” level of alertness in a bid to battle the second wave of coronavirus. In addition to the closure of bars, the Prime Minister has also prohibited social gatherings in Manchester.
Israel Roundup — UAE Delegation Lands, Lockdown Eases
In August, Israel and United Arab Emirates (UAE) agreed to normalize relations between the two countries. They met at the White House, together with US President Donald Trump. Representatives from Bahrain joined them. This was the first Middle East treaty since 1994.
Euro Rises Nearly 60 Points to Three-Day High
In the European market on Monday, the Euro rose about 60 points against the US dollar to a three-day high of $1.1763. Meanwhile, US President Donald Trump said that he wanted a stimulus plan larger than that of House Speaker Nancy Pelosi (D-CA). He also said that the new coronavirus vaccine will be available soon.
China Announces Growth After Coronavirus
China announced its third-quarter GDP data on Monday. From July to September, China’s GDP grew by 4.9% this year, higher than the 3.2% in the second quarter. Various data are expected to show that China’s economic recovery has accelerated in the third quarter, and is currently the only major economy in the world with positive growth.
Merkel Asks Germans to Stay Home After Three Days of Record High Coroavirus Cases
German Chancellor, Angela Merkel on Saturday Oct 17th, called upon the Germans to stay at home as the country is experiencing a new wave of the coronavirus pandemic. Merkel opined that the country is in a difficult phase of the pandemic and infections are increasing faster over the last three days, than in spring.
Coronavirus — Kiryas Yoel Hit by Second Outbreak
A second outbreak of the coronavirus has struck the religious Chassidic community of Kiryas Yoel, in Monroe, New York. Thirty people within the community have been hospitalized and nine of them are in critical condition. Another 41 people are being treated with oxygen at home.
Europe Locks Down, Oil Plunges, Gold Rises
According to the World Health Organization (WHO), there are currently more than 7.2 million cases of new coronavirus across Europe, and the number of hospitalizations is increasing at an alarming rate. European stock markets fell across the board.There were more than 30,000 new confirmed cases in France in a single day on Thursday.
IMF: China’s Economy to Achieve Positive Growth
The International Monetary Fund (IMF) predicted that global GDP would shrink by 4.4% in 2020, an increase of 0.8 percentage points from its June forecast. This year, China is still the only major economy that the IMF expects to achieve positive growth. Tobias Adrian, head of the IMF’s currency and capital markets department, said this in an interview.
Stocks Fall Thursday as Talks Fail, Jobless Claims Rise
On Thursday, the US stock markets fell for the third consecutive day, but the decline was significantly narrowed towards the end of the trading session. The European region tightened lockdown measures to control the coronavirus pandemic to suppress market sentiment.
Russian Student Invents Smart Clothespin for Face Masks
A student from the Far Eastern Federal University in Vladivostok, Georgy Budnik, created a device that monitors the condition of a protective mask and tells you when it’s time to change it. The student was part of the Axiom team, which participated in the International Exhibition for Young Inventors 2020 that was held this month.
Israel: The Land of Milk, Honey, and Coronavirus
When the Bible speaks of the Land of Israel, it is called the Land of Milk and Honey. Israel is praised in the Bible by saying, “the eye of God watches over the land of Israel from the beginning to the end of the year.” Israel is now in a lockdown to stop the spread of the coronavirus.
Looking at the COVID-19 Pandemic and the Real Estate Industry
The coronavirus pandemic has had a massive impact on the entirety of the glow. To this point, nearly every corner of the Earth has been impacted by it. In addition to a drastic public health crisis that has led to millions of cases and hundreds of thousands of deaths, a significant economic crisis has been created as well. Countless people have lost their jobs, many small businesses have been forced to close their doors for good, and there are numerous families that are struggling to make ends meet. Therefore, it is important to take a look at one of the biggest sectors of the economy and how it has been impacted, which is the real estate industry.
Trump Rejects Virtual Debate with Biden
US President Donald Trump announced on Thursday that he considers it a “waste of time” to engage in a virtual debate with his rival for the US presidency, former Vice President Joe Biden. Therefore, Trump announced he won’t participate in what would have been the second debate between the two fierce contenders, initially scheduled for October 15.
Fed Meets as Stimulus Talks Stall
In the European market on Wednesday, the dollar against the yen in the short-term refreshed a three-and-a-half-week high to 105.94, which is close to the 106 integer mark. On Tuesday, U.S. President Donald Trump suddenly stopped financial stimulus negotiations with Congressional Democrats.
As in Israel, Jewish Communities Oppose NYC Lockdown
New York City Mayor Bill de Blasio, in cooperation with New York Governor Andrew Cuomo, has decided to impose a lockdown in several religious communities in the city. Mayor de Blasio has divided the five boroughs of New York City into traffic light colors— green, yellow and red— according to the level of the increasing Coronavirus infections.
Demonstrations Continue in Israel
Israel’s secular democrats are not willing to accept the limitations made by the government of Prime Minister Benjamin Netanyahu, according to the guidelines of the Ministry of Health. These guidelines limited demonstrations to within one kilometer of demonstrators’ homes.
UN Calls on Iran to Release Nasrin Sotoudeh
The United Nations High Commissioner for Human Rights has expressed concern about the situation of activists and imprisoned lawyers in Iran, calling for their release amid the expansion of the coronavirus. Michelle Bachelet expressed concern about the situation of Nasrin Sotoudeh, in Tehran’s Evin prison.
US Dollar Index Rose in Fourth Quarter
On Tuesday, the positive correlation between the U.S. dollar and U.S. stocks may be interrupted this quarter due to the decline in its attractiveness as an arbitrage currency and possible fiscal stimulus. Data from the past 10 years show that the US dollar index rose by an average of about 1.7% in the fourth quarter.
The Uncertainty in the Current Job Market
The COVID-19 pandemic has impacted everyone and there are countless people who are wondering how they are going to be able to make ends meet. Even though many businesses have started to reopen, there are still countless countries that are struggling to contain the virus, including both the United States and Israel. It is important to look at why the job market is so uncertain and what this means for the future moving forward. Some of the major reasons why there is so much uncertainty with respect to the job market include:
Coronavirus — Trump Briefly Leaves Hospital to Greet Supporters
US President Donald Trump briefly left the Walter Reed Army Medical Center on Sunday, sat in his presidential car, and greeted the supporters gathered outside the hospital through the window. The 74-year-old waved gently while wearing a mask, while supporters vigorously waved the Trump 2020 campaign flag and shouted “USA! USA!”
A New Solution for Wholesalers in the Pandemic Economy
The coronavirus pandemic, and the associated Great Lockdown designed to contain it, have wreaked havoc on the global economy throughout 2020. The global wholesale market is no exception. Forecasters believe this typically robust market will experience an industry-wide decline over the course of the year.
Coronavirus — Trump Tests Positive, Receives Well Wishes
US President Donald Trump and the First Lady, Melania Trump, announced late Thursday night that they had tested positive for the Coronavirus. Their announcement triggered messages of goodwill and wishes for a speedy recovery from leaders at home and from across the globe.
Jobless Claims Fall, Recovery Worries Persist
The number of initial jobless claims in the United States declined last week, but it was still higher than the level during the Great Recession. Personal income also fell in August, highlighting the need for the government to provide a new round of relief programs for businesses and the unemployed.
Israel — Demonstrations Continue Despite Pandemic
Israel is known for its new innovations in Science and Technology. Today, it has introduced a new innovation in demonstrations for freedom and democracy. The right to demonstrate in a democracy is sacred. The right to protest may be a manifestation of the right to freedom of assembly, the right to freedom of association, and the right to freedom of speech.
Oil Falls Below $40 as Demand Worries Intensify
On Friday, US crude oil continued overnight decline, refresh more than a two-week low at $37.29. The cloth oil fell below the $40 mark, news sources confirmed, triggering fears of the market for the spread of the epidemic. The United States Crude oil is currently reported at $37.40, a decrease of 3.46%.
Merkel Defends Germany’s Response to Pandemic
German Chancellor Angela Merkel today defended her government’s performance, in as far as fighting the coronavirus pandemic is concerned. While addressing the country’s members of the Bundestag, Chancellor Merkel argued that Germany did well, compared to many of its peers.
Israel — Knesset Votes to Limit Protests During Lockdown
Israel is in a lockdown for at least the next few weeks. As result, many businesses are closed. Schools are closed, even though the period of the lockdown falls during the holiday season, when schools would be closed anyway. However, there are many restrictions on holiday celebrations.
Is Russia’s Vaccine Being Tested in the USA?
Scientists at the N. F. Gamalei Center held the first online briefing on the main stages of the development of the Sputnik V vaccine for an American audience. The discussion was attended by more than 100 doctors and medical staff of the Maimonides Medical Center, one of the most reputable medical institutions in the United States.
CDC is Coronavirus Testing Your Dog and Cat
Department of health teams are visiting homes to test your dogs and cats for coronavirus. Texas scientists have reported finding two pet cats with the coronavirus — the first in the state. Cats were swabbed as part of a study being conducted at Texas A&M University to understand how pets living in “high-risk” households may be impacted by COVID-19.
Russian Researchers Create Virus Detector
Russian researchers have created a device that instantly detects dangerous viruses and bacteria in the air, even if there are very few of them. A compact detector will help you determine whether it is safe to be in a room or vehicle. This innovation is relevant given the Coronavirus pandemic around the world.
Demonstrations Persist in America, Israel
Demonstrations continue in Louisville, Kentucky, and throughout the United States, against the decision of a grand jury in the killing of Breonna Taylor. The grand jury’s decision to not charge the police officers who killed Taylor was legal but controversial. It was based on all evidence given by all sides involved in the killing.
Prayer and Protest Show Tensions in Israel
Democracy gives the right of the people to demonstrate and should also give the right for its people to pray together. This is the complaint of the religious parties and communities in Israel, faced with a lockdown during the holiday season, which began the day before the Jewish new year.
National Mask Exemption Awareness Day™ (MEADAY104)
It seems all we hear these days in #COVIDWORLD is mask this or mask that. The CDC recommends them. Dr. Fauci recommends them. Governors and mayors have mandated them, and a large number of citizens are wearing them. But amid all of this recommending and mandating, has anyone or entity really stopped to think and implement practical strategy for our most vulnerable and underserved population during this pandemic-the mask-exempt.
Trump: China Infected the World with COVID-19
United States President Donald Trump, on Tuesday, called upon the United Nations to compel China to “account” for “infecting the world” with COVID-19. He also hit out at the World Health Organization (WHO), describing it as a mere puppet of the Chinese government.
COVID-19 — Per Capita Cases Increasing in Israel
Israel has been one of the leading countries in the world for COVID-19 cases per capita. At press time, Israel and the United States are neck and neck in this statistic neither nation wants. There are 21,251 cases per million people in the United States, compared to 20,759 in Israel.
Chinese University Students Confined Since Back At College
Covid-19 continues to be rampant in many countries, except where it broke out first: China. According to the latest statistics, on September 18, there were only 18 new confirmed patients, all travelers from other countries. Even so, the Chinese government is extremely careful with these imported cases. On September 13, in Ruili, two illegal travelers from Myanmar were reported to be infected. The next day, the local government quarantined the entire city and started to carry out massive PCR testing. In just three days, they’ve already completed 95,362 tests (all negative), and more underway.
Pandemic Hunger Pangs
The pandemic has completely upended lives across the planet, restricting movement, shutting schools and forcing millions to work from home.Being cooped up at home with an immense amount of downtime means tending to the bottomless pit called stomach. Snacking and family meals increase; family members search for a new snack to devour every few hours. Eating food affects an individual’s levels of dopamine—a neurotransmitter in the brain that plays a major role in reward-motivated behavior. To put it simply, dopamine is the brain’s “desire” chemical associated with the feeling you get when achieving a goal.
Chinese Defector Alleges Coronavirus Manmade
Chinese virologist Li-Meng Yan, who worked in a Hong Kong lab, published a report on Zemodo, an open-access digital platform, alleging the SARS-CoV-2 virus is manmade. According to Dr. Li’s abstract, “SARS-CoV-2 shows biological characteristics that are inconsistent with a naturally occurring, zoonotic virus.”
Israel Locks Down Again, Conflicting with Holidays
The Israeli government has chosen to begin its lockdown a few hours before the Jewish New Year, called Rosh Hashanah, will be celebrated. The lockdown will continue for three weeks, extending into the holiday of Yom Kippur and Sukkot. The lockdown will begin at 2:00 in the afternoon.
“I Did Not Lie!” Trump Defends Himself from “Rage” Book
US president Donald Trump on Thursday tried to absolve himself from blame, owing to the accusations being aimed at him after the release of an explosive book about him by popular journalist, Bob Woodward. Trump was asked why he lied to the American populace about the seriousness of COVID-19.
Colombia — Ten Dead in Protests Against Police Brutality
At least ten people died in Colombia Wednesday in clashes that ensued following the death of a man as a result of police violence. The authorities had initially reported seven, and later ten dead. Amongst the dead include seven young people, aged between 17 to 27 in Bogotá, and three more in Soacha, a city near the capital.
“Rage”: Officials Blast Trump in Woodward Book
Several former US defense and national security advisers are of the opinion that the incumbent US President, Donald Trump. is “incapable,” “dangerous,” and lacks the capacity to govern the country effectively. The information is courtesy of a series of interviews compiled in a new book entitled “Rage,” authored by popular journalist Bob Woodward.
Israel Roundup — Lockdowns Hardening, Palestinians Easing
Israel was one of the first nations to lockdown, and in the first wave of Coronavirus, they were leading the world in fewest cases. Since their economy was in danger of breakdown from their lockdown, they began to normalize opening up businesses, schools, synagogues, wedding halls, restaurants, and malls, almost totally restoring normal Israeli life.
Is the German Economy Taking a Dive?
The German economy is showing a serious downward trend. The German auto industry could be in trouble according to Bild. The Coronavirus continues to be a factor. The Coronavirus impacted a majority of the economies around the world. Currently, there are over 27.7 million infected and over 900,000 deaths around the globe.
Is China Headed for Food Rationing?
Last month, China’s “President for Life,” Xi Jinping, pointed out in a speech the importance of saving food. According to the Chinese leader, “the phenomenon of waste in relation to food is appalling and distressing.” This is despite the fact, he says, that grain production in the country is growing from year to year.
Labor Day Weekend – Is Covid-19 Worry Warranted?
Labor Day marks the unofficial end of summer. California is again hit by a dangerous and potentially historic heat wave. Extreme heat will significantly increase the risk for heat related illnesses, and could become deadly, particularly for those working or participating in outdoor activities. But crowds packed beaches as California baked in the scorching sun. “Every heat wave could have that potential to be deadly,” said Eric Boldt of the National Weather Service. “And this one in particular because it is so hot. We’re talking about possibly all-time records and that goes back over 100 years.”
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