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Mexico can tap $10 billion to address coronavirus, president says - Mexico's President Andres Manuel Lopez Obrador speaks during a news conference at National Palace in Mexico City, Mexico April 1, 2020. Mexico's Presidency/Handout via REUTERS April 4, 2020 MEXICO CITY (Reuters) – Mexico will be able to tap around $10 billion from various funds and trusts to alleviate the economic impact of the coronavirus pandemic, President Andres Manuel Lopez Obrador said on Friday. Mexican gross domestic product is expected to suffer a sharp recession this year due to the crisis, and Lopez Obrador said he would lay out the “basic guidelines” of a plan to lift the economy in an address to the nation on Sunday. On Thursday, the government said it would wind up a series of funds and trusts that would free up funds. “We can collect in total, just from trusts and funds, around 250 billion pesos ($10 billion),” Lopez Obrador told reporters at a regular government… ... [Read more...]
Berkshire Hathaway sells part of Delta, Southwest airline stakes - FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett seen at the annual Berkshire shareholder shopping day in Omaha, Nebraska, U.S., May 3, 2019. REUTERS/Scott Morgan/File Photo April 4, 2020 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc <BRKa.N> said on Friday it sold about 18% of its stake in Delta Air Lines Inc <DAL.N> and 4% of its holdings in Southwest Airlines Co <LUV.N> this week, as the coronavirus pandemic drives the airline industry into perhaps its biggest crisis ever. According to regulatory filings, Berkshire sold nearly 13 million Delta shares for about $314 million and roughly 2.3 million Southwest shares for about $74 million. The sales were conducted on Wednesday and Thursday, the filings show. Berkshire previously owned about 11.1% of Delta stock and 10.4% of Southwest stock, according to Refinitiv data. No reasons for the sales were given. Berkshire did not immediately respond to a request for comment sent to… ... [Read more...]
Southwest expects talks on U.S. payroll grant terms over next several days - FILE PHOTO: A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake/File Photo April 3, 2020 CHICAGO (Reuters) – Southwest Airlines Co <LUV.N> said on Friday it has applied for U.S. payroll grants but cannot disclose details as the next several days could involve conversations on the terms of any agreement. In a statement, Southwest said its goal is to evaluate all possible sources of capital that will help protect its employees and the company’s “healthy footing,” with payroll support one option under consideration. (Reporting by Tracy Rucinski; Editing by Sandra Maler) IMPORTANT DISCLAIMER: The political opinions that are expressed in the re-published articles from other information media are not necessarily shared by the editors of ReporteroCubano.Net. | Visit the source for more information ... [Read more...]
Country music stars replace awards show with at-home performance special amid coronavirus pandemic - FILE PHOTO: Kenny Rogers poses backstage after accepting the Willie Nelson Lifetime Achievement award at the 47th Country Music Association Awards in Nashville, Tennessee November 6, 2013. REUTERS/Eric Henderson April 3, 2020 (Reuters) – Country music stars will come together on Sunday with acoustic performances recorded from their homes for a televised special that will replace the annual Academy of Country Music Awards, which were canceled due to the global coronavirus outbreak. The two-hour “ACM Presents: Our Country” will feature Carrie Underwood, Keith Urban, Old Dominion and others. “It will be a night filled with entertainment, hope and reflection, bringing the healing power of music to Americans at a time when they need it most,” organizers said.”CBS This Morning” anchor Gayle King will host the show from her home in New York. “What these guys have done is amazing,” King said in an interview to preview the event. “You have… ... [Read more...]
NYC Residents Should Cover Face When in Public, Mayor Says NYC Residents Should Cover Face When in Public, Mayor Says - ALBANY, N.Y.—As the CCP (Chinese Communist Party) virus, commonly known as novel coronavirus, cases soared, New York City Mayor Bill De Blasio asked New Yorkers on Thursday to wear a face covering when they go outside to prevent the spread of the CCP virus. Gov. Andrew Cuomo warned that the state’s supply of breathing machines could be exhausted in six days. And the COVID-19 death toll climbed to at least 2,400. While New York City remained a hotspot, there were troublesome trends around the state as the outbreak spread to every county. Unemployment filings skyrocketed too, as the pandemic wreaked economic havoc. The latest developments in New York: Face Covering New York City Mayor Bill De Blasio asked New Yorkers to wear a face covering when they go outside and will be near other people. New York City Mayor Bill De Blasio speaks during a video press conference on the… ... [Read more...]
Walmart Will Limit Number of Customers in Stores Starting Saturday Walmart Will Limit Number of Customers in Stores Starting Saturday - Walmart announced it will limit the number of people inside its stores at the same time during the COVID-19 pandemic. All Walmart stores across the United States, starting on Saturday, will start to monitor the number of people who are allowed inside the store. “Starting Saturday, we will limit the number of customers who can be in a store at once. Stores will now allow no more than five customers for each 1,000 square feet at a given time, roughly 20 percent of a store’s capacity,” according to a release. Store employees will start a line at a single-entry door and will tell customers to go there to queue. They will then be allowed in the store one-by-one, according to the company. “Associates and signage will remind customers of the importance of social distancing while they’re waiting to enter a store–especially before it opens in the morning,” the store wrote.… ... [Read more...]
Supreme Court Postpones April Oral Arguments Supreme Court Postpones April Oral Arguments - The Supreme Court has postponed another session of oral arguments in order to comply with guidance to mitigate the spread of the CCP virus pandemic. The top court said in a statement that oral arguments scheduled between April 20-29 are postponed in keeping with public health guidance. This comes after the court postponed a number of cases scheduled for the March session, including oral arguments in challenges to assess President Donald Trump’s financial records. There are 15 deaths and 757 confirmed cases of COVID-19, the disease the CCP virus causes, in Washington as of Thursday, according to state officials. Meanwhile, the surrounding states, Maryland and Virginia, have more than 2,000 cases each. The court did not indicate when the arguments will resume this term but stated that it will consider rescheduling some postponed cases from the March and April sessions before the term ends if circumstances permit. The court also… ... [Read more...]
Former Southern California Admissions Official to Plead Guilty for Faking Transcripts for Students From China - A former admissions official accused of helping students from China cheat their way into the University of Southern California’s graduate school has agreed to plead guilty to a federal wire fraud charge, the U.S. Attorney’s Office announced Wednesday. Hiu Kit David Chong, an assistant director at the UCS’s Office of Graduate Admissions from 2008 to 2016, admitted in his plea agreement that in exchange for money, he placed “college transcripts with inflated grades, phony letters of recommendation and fraudulent personal statements” into the admissions packets of those otherwise unqualified Chinese students. Chong, even after he left the USC, continued to promise to students from China that he could help them get admitted into the graduate degree program at the university. He bought forged college transcripts purporting to be from Chinese universities with falsely inflated GPAs, and submitted those phony documents along with fabricated letters of recommendation and personal statements to… ... [Read more...]
Former USC Admissions Official to Plead Guilty for Faking Transcripts for Students From China - A former admissions official accused of helping students from China cheat their way into the University of Southern California’s graduate school has agreed to plead guilty to a federal wire fraud charge, the U.S. Attorney’s Office announced Wednesday. Hiu Kit David Chong, an assistant director at the UCS’s Office of Graduate Admissions from 2008 to 2016, admitted in his plea agreement that in exchange for money, he placed “college transcripts with inflated grades, phony letters of recommendation and fraudulent personal statements” into the admissions packets of those otherwise unqualified Chinese students. Chong, even after he left the USC, continued to promise to students from China that he could help them get admitted into the graduate degree program at the university. He bought forged college transcripts purporting to be from Chinese universities with falsely inflated GPAs, and submitted those phony documents along with fabricated letters of recommendation and personal statements to… ... [Read more...]
Judge Issues Scathing Order After Watchdog Flags Rampant Flaws in FBI Surveillance - The lead judge of the Foreign Intelligence Surveillance Court reprimanded the FBI over widespread flaws in surveillance applications uncovered by the Justice Department inspector general. In an order issued on April 3, Judge James Boasberg directed the FBI to turn over the names of the targets in the 29 applications audited by the inspector general. The inspector general’s audit, the results of which were released in a memo to the FBI on March 30, found that every one of the 29 Foreign Intelligence Surveillance Act (FISA) applications reviewed had a missing or inadequate Woods File—a group of records that substantiate the facts the bureau asserts in applications to the court. The inspector general concluded that it was not confident that the FBI’s procedures were adequate in ensuring the bureau followed its own policy that FISA applications have to be “scrupulously accurate.” “It would be an understatement to note that such… ... [Read more...]
Trump hosts Big Oil execs at White House to discuss market slump - FILE PHOTO: U.S. President Donald Trump addresses the daily coronavirus response briefing at the White House in Washington, U.S., April 1, 2020. REUTERS/Tom Brenner April 3, 2020 By Steve Holland WASHINGTON (Reuters) – U.S. President Donald Trump met with oil company executives at the White House on Friday afternoon to discuss a historic oil-price slump threatening their businesses, brought on by the coronavirus outbreak and a Saudi-Russia price war. “We’ll work this out and we’ll get our energy business back,” he told reporters while surrounded by cabinet members, oil state lawmakers and executives from big drillers such as Exxon Mobil, Chevron Corp, and Continental Resources prior to the beginning of private talks. The administration may offer ways to help the industry weather the crisis, including waiving royalty payments drillers must pay for oil produced on federal lands, imposing an import tariff on foreign crude oil or easing shipping regulations, according… ... [Read more...]
Democrats Attempt to Use Coronavirus to Take Down Trump Will be Strike Three - After failing to deal a lethal political blow to President Trump with the Russia collusion hoax and the Ukraine impeachment sham, they are now using the coronavirus crisis in another last ditch effort to undermine the president. Politicizing the coronavirus is different than the previous efforts to damage the Trump presidency. The Russia collusion and impeachment strategies were manufactured crises by Democrats and amplified by the anti-Trump media. In contrast, with the coronavirus, the president’s adversaries are exploiting a natural phenomena to inflict damage on the president. All three efforts were designed to remove the president from office but differ with the mechanism. With Russia collusion and Ukraine the end was having Congress remove President Trump from office, but with the coronavirus the goal is to blame the president for the virus spreading across the United States. The decline in the stock market and negative economic impact can then be… ... [Read more...]
Italy Reports 766 New Deaths From COVID-19 - Officials in Italy have reported 766 new COVID-19 fatalities, bringing the country’s death toll from the CCP (Chinese Communist Party) virus to 14,681. The Civil Protection Agency said the total number of COVID-19 infections, which includes fatalities and recoveries, hit 119,827 on Friday. Italian health authorities said the contagion curve reached a plateau, with Friday being the fifth consecutive day in which the number of new cases remained within a range of 4,050-4,782. Medical responders in protective suits attend to a patient suspected of COVID-19 infection, in Rome, Italy, on March 30, 2020. (Reuters/Remo Casilli)Officials earlier said the infection rate can only be brought down if strict social distancing measures remain in place. Italians have been under nationwide lockdown for nearly four weeks, with most shops, bars, and restaurants closed. People are forbidden from leaving their homes unless it is for essential things like getting food or medical attention. Civil Protection Agency… ... [Read more...]
Full-Time Work Available for All Canadian Military Reservists for COVID-19 Response - OTTAWA—The federal government is planning to offer full−time employment to all reservists in the Canadian Armed Forces until the end of the summer as it seeks to bolster the military’s ranks and help offset some of the economic damage from COVID-19. Reservists across the country are being contacted to see if they are available and interested in the offer, which will see them receive regular pay and benefits while also putting them on standby to respond should the military be asked to help with the current pandemic. While planning is still underway, the Department of National Defence says many reservists who voluntarily agree to serve full-time will see their contracts begin as early as Sunday and continue through to the end of August. Those who agree will receive the same pay and benefits as regular-force personnel for the next five months. Defence Department spokesman Daniel Le Bouthillier says they will… ... [Read more...]
Wall Street Week Ahead: Investors look to coronavirus data to support stabilizing markets - FILE PHOTO: A man wears a protective mask as he walks on Wall Street during the coronavirus outbreak in New York City, New York, U.S., March 13, 2020. REUTERS/Lucas Jackson April 3, 2020 By April Joyner NEW YORK (Reuters) – Investors are parsing a broad range of signals, from infection counts to more traditional indicators, for clues on the trajectory markets may take in coming weeks as the pandemic caused by the novel coronavirus continues to spread. Some point to signs that the worst of a vicious sell-off that took the S&P 500 <.SPX> down as much as 34% from its record closing high may be fading, though markets remain turbulent and far off their highs. Volatility has eased from its March peaks. Fewer U.S. stocks are hitting new 52-week lows. Liquidity in fixed-income markets has improved, and credit spreads, while still wide, have come in from their March highs.… ... [Read more...]
Businessman Sheldon Adelson Announces Plan to Pay Workers for 2 Months, Urges Others to Follow Lead - Business mogul Sheldon Adelson will pay workers for two months despite his businesses being closed amid the COVID-19 pandemic, he announced this week. Adelson’s Las Vegas Sands resort-hotels are shut down but he said he’s still paying every one of his nearly 10,000 workers as though they were still working. “I hope to do that right up until the time that we can reopen our businesses. It’s not only the right thing to do—it’s good business,” he wrote in an op-ed in the New York Post. The 86-year-old has a net worth of 27.9 billion. Adelson recounted growing up poor and said he didn’t want his workers wondering where their family’s next meal would come from. He praised President Donald Trump, New York Gov. Andrew Cuomo, Ohio Gov. Mike DeWine, Nevada Gov. Steve Sisolak, and California Gov. Gavin Newsom for “taking decisive actions” during the pandemic before urging fellow corporate executives… ... [Read more...]
Anyone Near Trump, Pence Will Given Rapid CCP Virus Test: White House - The White House said on Friday that anyone who will be near President Donald Trump or Vice President Mike Pence will be given a rapid test to see if they have COVID-19, the new disease caused by the CCP (Chinese Communist Party) virus, commonly known as the novel coronavirus. “As the physician to the president and White House Operations continue to protect the health and safety of the president and vice president, starting today anyone who is expected to be in close proximity to either of them will be administered a COVID-19 test,” White House spokesman Judd Deere said in a statement. The test will “evaluate for pre-symptomatic or asymptomatic carriers status to limit inadvertent transmission,” he added. The White House didn’t immediately return a request for more details. President Donald Trump holds up the results of his CCP virus test in the press briefing room with members of the White House Coronavirus… ... [Read more...]
Fed Chair Powell spoke with Trump as central bank geared up for virus response - FILE PHOTO: U.S. President Donald Trump gestures with Jerome Powell, his nominee to become chairman of the U.S. Federal Reserve at the White House in Washington, U.S., November 2, 2017. REUTERS/Carlos Barria April 3, 2020 (Reuters) – Federal Reserve Chair Jerome Powell had two previously undisclosed phone calls with U.S. President Trump in February, calendars released on Friday show, including a brief call during the last week of the month when it was becoming clearer that the coronavirus would likely have more than a transitory effect on the U.S. economy. The two spoke for a half hour on February 7 and again on February 26. Two days later Powell released a statement acknowledging evolving risks from the virus and promising the central bank would act as appropriate to support the economy. It delivered an emergency rate cut on March 3. (Reporting by Ann Saphir; Editing by Chizu Nomiyama) IMPORTANT DISCLAIMER:… ... [Read more...]
Hobby Lobby Forced to Close Despite Claiming ‘Essential’ Status Amid Pandemic - Dallas authorities have forced Hobby Lobby stores to shutter after the craft chain stayed opened despite county-wide orders for non-essential businesses to close temporarily to curb the spread of the CCP virus, commonly knows as novel coronavirus. Dallas County Judge Clay Jenkins told a press conference on Thursday that a cease-and-desist order would be issued to the Hobby Lobby Corporation, Dallas News reported. After the presser, sheriff’s deputies went to Hobby Lobby stores in North Dallas and Garland and taped the orders to storefront doors, Courthouse News reported. “Attention other non-essential businesses who aren’t complying: Don’t be next,” Jenkins wrote on Twitter, sharing a photograph of the order posted on a front door window. “If you do not immediately comply with the Order, the Dallas County Sheriff’s Office may take all appropriate measures,” the order states, noting that violation “may be punished criminally as a misdemeanor.” He said violators could face… ... [Read more...]
Brent crude surges 10% on hopes of oil output deal - FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. Picture taken November 24, 2019. REUTERS/Angus Mordant/File Photo April 3, 2020 By Jessica Resnick-Ault NEW YORK (Reuters) – Crude futures surged for a second day on Friday, with benchmark Brent up 10% on hopes that a global deal to cut crude supply worldwide will emerge early next week. On Thursday, oil staged its largest one-day rally in history on prospects for a cut in supply equivalent to anywhere from 10% to 15% of world demand. The sharp rebound from weeks of losses came after U.S. President Donald Trump said Russia and Saudi Arabia will negotiate to end a price war that slashed prices last month by more than half. Trump said the U.S. has not agreed to cut its output. The rally continued… ... [Read more...]
Cycling – Tour going ahead would be ‘madness’, says former minister - FILE PHOTO: French Les Republicains party deputy David Douillet attends the questions to the government session at the National Assembly in Paris, France, July 6, 2016. REUTERS/Regis Duvignau/File Photo April 3, 2020 (Reuters) – Allowing the Tour de France to go ahead as scheduled despite the COVID-19 pandemic would be “madness” and a “crime against humanity”, former French sports minister David Douillet has said. The outbreak has decimated the global sporting calendar and the Tour de France – which takes place in June and July – is one of the last major global sporting events that has not yet been cancelled or postponed. French Sports Minister Roxana Maracineanu said on Twitter last month that it was too soon to decide if the Tour should be cancelled but that if the race did go ahead it might be held without roadside spectators to minimise the risk of infection. Douillet, a double… ... [Read more...]
NRA Sues States Over Gun Store Closures Amid CCP Virus Outbreak - The National Rifle Association (NRA) has sued the governors of New York and California for deeming gun stores as “non-essential” and requiring them to close as part of state measures to control the spread of the CCP virus. The gun rights association filed its latest lawsuit against New York on Thursday alleging that its governor Andrew Cuomo’s order to suspend the operations of gun stores by not designating them as “essential businesses” is in violation of the Second Amendment of the U.S. Constitution. New York has become the epicenter for the outbreak in the United States, with over 2,900 deaths and 102,000 cases across the state, according to Cuomo during a news conference on Friday. Cuomo’s order, signed on March 20, requires all non-essential businesses to close through April 19. Businesses or services deemed “essential” such as grocery stores, pharmacies, gas stations, and laundromats are not subject to the order. Any businesses… ... [Read more...]
U.S. biofuels industry seeks bailout to weather ‘collapsing demand’: letter - FILE PHOTO: Corn is harvested from a field on Hodgen Farm in Roachdale, Indiana, U.S. October 29, 2019. REUTERS/Bryan Woolston April 3, 2020 (Reuters) – The U.S. biofuel industry has asked the Trump administration for funds from the U.S. Department of Agriculture’s Commodity Credit Corporation to help it survive a demand slump triggered by the coronavirus outbreak, according to a letter seen by Reuters. The funds could be used to offset a portion of the industry’s corn and soy bean purchases, or as direct assistance to companies to help them retain staff, according to the April 1 letter addressed to Agriculture Secretary Sonny Perdue. The letter, signed by representatives of the nation’s top biofuel trade groups including the Renewable Fuels Association, said that “collapsing demand” for fuel during the outbreak had idled some 3.5 billion gallons of annualized ethanol output at a quarter of the nation’s production facilities. “The biofuels… ... [Read more...]
99-Year-Old in New Jersey Charged After Attending Party During State Ban on Gatherings - A 99-year-old man and nine others were charged in New Jersey with violating the state’s ban on gatherings aimed at stemming the spread of CCP virus, officials said. The group was celebrating an engagement in Lakewood, New Jersey, on Tuesday, Ocean County Prosecutor Bradley D. Billhimer and police Chief Gregory Meyer said in a news release. The couple hosting the party was also charged with six counts of child endangerment, one count for each of their six minor children who were at the celebration, the prosecutor’s office said. New Jersey Gov. Phil Murphy announced a statewide “stay at home” order March 21 that prohibits all gatherings, such as celebrations. “Can’t believe I have to say this at all, let alone for the second time,” the governor wrote on Twitter last weekend. “But here we are. NO CORONA PARTIES. They’re illegal, dangerous, and stupid. We will crash your party. You will… ... [Read more...]
Economy Sheds 700,000 Jobs by Mid-March Amid CCP Virus Epidemic - The American economy has lost more than 700,000 jobs in the first weeks of government efforts to slow the spread of the CCP virus. The hospitality industry was hit the hardest, but virtually no sector escaped the contraction, data released April 3 by the Bureau of Labor Statistics (BLS) shows. One after another, governors across the country issued shutdown orders, closing bars, theaters, and all “non-essential” businesses. The CCP virus, also known as the novel coronavirus, broke out in the central Chinese city of Wuhan around November 2019 and was allowed to spread across China and the world due to a coverup and mismanagement by the Chinese Communist Party (CCP). The United States has now more than 240,000 cases and nearly 5,000 dead. The BLS data doesn’t capture the full brunt of the shutdown, as it’s based on a survey conducted between March 8 and March 14, before many of… ... [Read more...]
America’s Fortune 500 take on COVID-19 - Many of America’s most successful companies are giving money, supplies and know-how to take on the COVID-19 crisis at home and abroad. Each of the companies below is on the Fortune 500, Fortune magazine’s annual ranking of the 500 U.S. companies with the largest total revenue. According to the publication, Fortune 500 companies represent two-thirds of the U.S. gross domestic product with $13.7 trillion in revenues, $1.1 trillion in profits and 28.7 million people employed worldwide. Here is a sampling of the heavy hitters that, amid the global threat of the COVID-19 pandemic, are stepping up to help. Manufacturing General Motors Company, in partnership with Ventec Life Systems, has said it will begin producing 10,000 ventilators per month beginning in April to meet hospitals’ demand for ventilators and safety masks. Ford Motor Company, in collaboration with GE Healthcare, has committed to producing 50,000 ventilators over the next 100 days, and… ... [Read more...]
Spain overtakes Italy in coronavirus cases, death rate slows - FILE PHOTO: Ambulance workers push a stretcher with a patient at a nursing home during the coronavirus disease (COVID-19) outbreak in Leganes Madrid, near Madrid, Spain, April 2, 2020. REUTERS/Juan Medina April 3, 2020 By Inti Landauro and Clara-Laeila Laudette MADRID (Reuters) – Spain overtook Italy for the first time on Friday for the number of confirmed coronavirus cases, but the overnight death toll fell from the previous day, providing a small glimmer of hope. With a total 117,710 confirmed cases, Spain is now second in the number of infections only to the United States, which has a population some seven times larger. Spain’s total death toll now stands at 10,935, second only to Italy, with 13,915 fatalities. On a happier note, Friday marked the first time in more than a week that the number of deaths fell from the previous day, to 932 fatalities from 950. “The increase in… ... [Read more...]
COVID-19 Deaths in Spain Near 11,000 as Hospitals in Catalonia Reach at ‘Maximum Stress’ - Deaths from the new COVID-19 disease in Spain jumped again overnight to 10,935, an increase of 932 from Thursday. The number was a decline from the day prior, the first time that happened in over a week. Spain’s Ministry of Health also reported that 7,472 new patients tested positive and 342 more patients were placed in intensive care. The country now has 117,710 patients, of whom 6,416 are in ICUs. The number of people discharged from hospitals also rose to 30,513, an increase of more than 3,700. About 26,000 remain hospitalized. Spanish authorities have said this week that the country has reached the peak of the COVID-19 pandemic. If so, the number of cases and deaths will remain around the same level for several days before beginning to drop. “The central issue is no longer whether we’ve reached the peak or not, it seems like we are there,” health emergency… ... [Read more...]
GE to Furlough 50% of US Engine Assembly, Component Manufacturing Ops Staff - General Electric Co said on Thursday it would furlough about half its workers in the U.S. engine assembly and component manufacturing operations, a move that would affect thousands of employees, as the CCP virus pandemic hurts travel demand. The furloughs will be in addition to the about 2,600 U.S. job cuts announced last month by GE’s aviation unit, which makes engines for Boeing Co and Airbus SE aircraft. “Due to the unprecedented impact of COVID-19 on the commercial aviation industry, GE aviation is implementing a temporary reduction…for up to four weeks,” a company spokesperson said in a statement. The unit employed about 52,000 people globally as of 2019. GE’s shares fell as much as 3.1% in afternoon trading. By Ankit Ajmera Epoch Times staff contributed to this report. IMPORTANT DISCLAIMER: The political opinions that are expressed in the re-published articles from other information media are not necessarily shared by the… ... [Read more...]
Putin says restricting economic activity across Russia is ‘impractical’ - FILE PHOTO: Russian President Vladimir Putin delivers a televised address to the nation about the coronavirus disease (COVID-19) outbreak, at the Novo-Ogaryovo state residence outside Moscow, Russia April 2, 2020. Sputnik/Alexei Druzhinin/Kremlin via REUTERS April 3, 2020 MOSCOW (Reuters) – Russian President Vladimir Putin said on Friday it would be impractical to restrict economic activity all over the country due to the coronavirus, given that each region is facing different challenges. “It is clear that limiting economic activity, closing businesses and institutions, spreading the measures evenly across the whole country is not necessary,” said Putin. (Reporting by Vladimir Soldatkin and Darya Korsunskaya, Writing by Alexander Marrow; Editing by Hugh Lawson) IMPORTANT DISCLAIMER: The political opinions that are expressed in the re-published articles from other information media are not necessarily shared by the editors of ReporteroCubano.Net. | Visit the source for more information ... [Read more...]