Asian shares plunge after Wall Street’s worst day since ’87
Shares plunged in Asia on Friday, with benchmarks in Japan, Thailand and India sinking as much as 10% after Wall Street suffered its biggest drop since the Black Monday crash of 1987.
Markets worldwide have retreated as fears of economic fallout from the coronavirus crisis deepen and the meltdown in the U.S., the world's biggest economy, batters confidence around the globe.
https://apnews.com/f4dec5de0bcb4d32a1e28ada66e2fc6f
Shares plunged in Asia on Friday, with benchmarks in Japan, Thailand and India sinking as much as 10% after Wall Street suffered its biggest drop since the Black Monday crash of 1987.
Markets worldwide have retreated as fears of economic fallout from the coronavirus crisis deepen and the meltdown in the U.S., the world's biggest economy, batters confidence around the globe.
https://apnews.com/f4dec5de0bcb4d32a1e28ada66e2fc6f
AP News
Asian shares plunge after Wall Street's worst day since '87
BANGKOK (AP) — Shares plunged in Asia on Friday, with benchmarks in Japan, Thailand and India sinking as much as 10% after Wall Street suffered its biggest drop since the Black Monday crash of 1987.
Trump declares virus pandemic a national emergency
President Donald Trump announced Friday that he is declaring the coronavirus pandemic a national emergency, as Washington struggles with providing Americans with relief and officials race to slow the spread of the outbreak.
Speaking from the Rose Garden, Trump said, “I am officially declaring a national emergency.” He said the emergency would open up $50 billion for state and local governments to respond to the outbreak.
https://apnews.com/83b0c8e168548fd453b0c177dd1f203a
President Donald Trump announced Friday that he is declaring the coronavirus pandemic a national emergency, as Washington struggles with providing Americans with relief and officials race to slow the spread of the outbreak.
Speaking from the Rose Garden, Trump said, “I am officially declaring a national emergency.” He said the emergency would open up $50 billion for state and local governments to respond to the outbreak.
https://apnews.com/83b0c8e168548fd453b0c177dd1f203a
California governor issues statewide stay-at-home order
California’s 40 million residents should stay home indefinitely and venture outside only for essential jobs, errands and some exercise, Gov. Gavin Newsom said Thursday, warning that the coronavirus threatens to overwhelm the state’s medical system.
The move, the most sweeping by any state so far, was an exclamation point at the end of a week of increasingly aggressive moves meant to keep the virus in check by forcing people to stay away from each other as often as possible.
https://apnews.com/9ca4a191790dd6f80bd5acec569ec423
California’s 40 million residents should stay home indefinitely and venture outside only for essential jobs, errands and some exercise, Gov. Gavin Newsom said Thursday, warning that the coronavirus threatens to overwhelm the state’s medical system.
The move, the most sweeping by any state so far, was an exclamation point at the end of a week of increasingly aggressive moves meant to keep the virus in check by forcing people to stay away from each other as often as possible.
https://apnews.com/9ca4a191790dd6f80bd5acec569ec423
On hold: Tokyo Olympics postponed to 2021
The IOC announced a first-of-its-kind postponement of the Summer Olympics on Tuesday, bowing to the realities of a coronavirus pandemic that is shutting down daily life around the globe and making planning for a massive worldwide gathering in July a virtual impossibility.
https://apnews.com/fc044c3fa987a60534a804046215f3de
The IOC announced a first-of-its-kind postponement of the Summer Olympics on Tuesday, bowing to the realities of a coronavirus pandemic that is shutting down daily life around the globe and making planning for a massive worldwide gathering in July a virtual impossibility.
https://apnews.com/fc044c3fa987a60534a804046215f3de
India's Prime Minister Decrees 21-Day Lockdown to Curb Virus
India will begin the world's largest lockdown on Wednesday, Prime Minister Narendra Modi announced in a TV address, warning citizens to stay inside or risk inviting the pandemic into their homes, and pledging $2 billion to bolster the country's beleaguered health care system.
https://www.nytimes.com/aponline/2020/03/24/business/ap-as-virus-outbreak-india.html
India will begin the world's largest lockdown on Wednesday, Prime Minister Narendra Modi announced in a TV address, warning citizens to stay inside or risk inviting the pandemic into their homes, and pledging $2 billion to bolster the country's beleaguered health care system.
https://www.nytimes.com/aponline/2020/03/24/business/ap-as-virus-outbreak-india.html
NY Times
India's Prime Minister Decrees 21-Day Lockdown to Curb Virus
India will begin the world's largest lockdown on Wednesday, Prime Minister Narendra Modi announced in a TV address, warning citizens to stay inside or risk inviting the pandemic into their homes, and pledging $2 billion to bolster the country's beleaguered…
Confirmed U.S. coronavirus cases most in world, overtaking China and Italy
Confirmed coronavirus cases in the United States reached 81,378 on Thursday, more than any other country, overtaking both Italy and China, a Reuters tally showed.
China was second with 81,285 cases, and Italy was third with 80,539 cases.
https://mobile.reuters.com/article/amp/idUSKBN21D3PB
Confirmed coronavirus cases in the United States reached 81,378 on Thursday, more than any other country, overtaking both Italy and China, a Reuters tally showed.
China was second with 81,285 cases, and Italy was third with 80,539 cases.
https://mobile.reuters.com/article/amp/idUSKBN21D3PB
U.S.
Confirmed U.S. coronavirus cases most in world, overtaking China and Italy: Reuters tally
Confirmed coronavirus cases in the United States reached 81,378 on Thursday, more than any other country, overtaking both Italy and China, a Reuters tally showed.
UK PM Johnson Admitted to Hospital with Persistent Coronavirus Symptoms
British Prime Minister Boris Johnson was admitted to hospital for tests on Sunday after showing persistent symptoms of coronavirus ten days after testing positive for the virus, although his office said it was not an emergency admission.
https://www.reuters.com/article/us-health-coronavirus-britain-johnson/uk-pm-johnson-admitted-to-hospital-with-persistent-coronavirus-symptoms-idUSKBN21N0VI
British Prime Minister Boris Johnson was admitted to hospital for tests on Sunday after showing persistent symptoms of coronavirus ten days after testing positive for the virus, although his office said it was not an emergency admission.
https://www.reuters.com/article/us-health-coronavirus-britain-johnson/uk-pm-johnson-admitted-to-hospital-with-persistent-coronavirus-symptoms-idUSKBN21N0VI
U.S.
Boris Johnson hospitalised for tests after persistent coronavirus symptoms
British Prime Minister Boris Johnson was admitted to hospital for tests on Sunday after suffering persistent coronavirus symptoms 10 days after testing positive for the virus, though Downing Street said he remained in charge of the government.
UK Prime Minister Johnson in Intensive Care after COVID-19 Worsens
British Prime Minister Boris Johnson has been taken into the intensive care unit in hospital after his COVID-19 worsened, his office said on Monday.
https://www.reuters.com/article/us-health-coronavirus-britain-johnson-in/uk-prime-minister-johnson-in-intensive-care-after-covid-19-worsens-idUSKBN21O2PV
British Prime Minister Boris Johnson has been taken into the intensive care unit in hospital after his COVID-19 worsened, his office said on Monday.
https://www.reuters.com/article/us-health-coronavirus-britain-johnson-in/uk-prime-minister-johnson-in-intensive-care-after-covid-19-worsens-idUSKBN21O2PV
Reuters
UK PM Johnson in intensive care after COVID-19 worsens
LONDON (Reuters) - British Prime Minister Boris Johnson has been taken into intensive care in hospital after his COVID-19 worsened, his office said on Monday.
Bernie Sanders Drops Out of 2020 Democratic Race for President
Senator Bernie Sanders of Vermont ended his presidential candidacy on Wednesday, concluding a quest that elevated him as a standard-bearer of American liberalism and clearing the way for a general election between the presumptive Democratic nominee, Joseph R. Biden Jr., and President Trump at a time of national crisis.
https://www.nytimes.com/2020/04/08/us/politics/bernie-sanders-drops-out.amp.html
Senator Bernie Sanders of Vermont ended his presidential candidacy on Wednesday, concluding a quest that elevated him as a standard-bearer of American liberalism and clearing the way for a general election between the presumptive Democratic nominee, Joseph R. Biden Jr., and President Trump at a time of national crisis.
https://www.nytimes.com/2020/04/08/us/politics/bernie-sanders-drops-out.amp.html
NY Times
Bernie Sanders Drops Out of 2020 Democratic Race for President
Mr. Sanders, a democratic socialist making his second run for the White House, withdrew after a series of losses to Joseph R. Biden Jr., who emerges as the presumptive nominee for the general election.
Global Coronavirus Death Toll Hits 100,000, Cases Over 1.6 Million
The number of deaths linked to the novel coronavirus reached 100,000 on Friday, as the tally of cases passed 1.6 million, according to a Reuters tally.
The first death came in the central Chinese city of Wuhan on Jan. 9. It took 83 days for the first 50,000 deaths to be recorded and just eight more for the toll to climb to 100,000.
The toll has been accelerating at a daily rate of between 6% and 10% over the past week, and there were almost 7,300 deaths globally reported on Thursday.
https://www.reuters.com/article/us-health-coronavirus-death-toll/global-coronavirus-death-toll-hits-100000-cases-over-1-6-million-idUSKCN21S1SM
The number of deaths linked to the novel coronavirus reached 100,000 on Friday, as the tally of cases passed 1.6 million, according to a Reuters tally.
The first death came in the central Chinese city of Wuhan on Jan. 9. It took 83 days for the first 50,000 deaths to be recorded and just eight more for the toll to climb to 100,000.
The toll has been accelerating at a daily rate of between 6% and 10% over the past week, and there were almost 7,300 deaths globally reported on Thursday.
https://www.reuters.com/article/us-health-coronavirus-death-toll/global-coronavirus-death-toll-hits-100000-cases-over-1-6-million-idUSKCN21S1SM
U.S.
Global coronavirus death toll hits 100,000, cases over 1.6 million
The number of deaths linked to the novel coronavirus reached 100,000 on Friday, as the tally of cases passed 1.6 million, according to a Reuters tally.
Reaching Grim Milestone, United States Logs World’s Highest Coronavirus Death Toll
The United States surpassed Italy on Saturday to become the country with the highest number of recorded coronavirus deaths, reporting more than 19,600 fatalities since the outbreak began, according to a Reuters tally.
https://www.reuters.com/article/us-health-coronavirus-usa-casualties/u-s-coronavirus-deaths-top-20000-highest-in-world-exceeding-italy-reuters-tally-idUSKCN21T0NA
The United States surpassed Italy on Saturday to become the country with the highest number of recorded coronavirus deaths, reporting more than 19,600 fatalities since the outbreak began, according to a Reuters tally.
https://www.reuters.com/article/us-health-coronavirus-usa-casualties/u-s-coronavirus-deaths-top-20000-highest-in-world-exceeding-italy-reuters-tally-idUSKCN21T0NA
Reuters
U.S. coronavirus deaths top 20,000, highest in world exceeding Italy: Reuters tally
(Reuters) - U.S. deaths due to the coronavirus surpassed 20,000 on Saturday, the highest reported number in the world, according to a Reuters tally, although there are signs the pandemic might be nearing a peak.
Breaking News
UK Prime Minister Johnson in Intensive Care after COVID-19 Worsens British Prime Minister Boris Johnson has been taken into the intensive care unit in hospital after his COVID-19 worsened, his office said on Monday. https://www.reuters.com/article/us-health…
UK’s Johnson Leaves Hospital as Virus Deaths Exceed 10,000
British Prime Minister Boris Johnson expressed his gratitude to the staff of the National Health Service for saving his life when his experience with the coronavirus could have “gone either way” as the U.K. on Sunday became the fourth European country to surpass 10,000 virus-related deaths.
https://apnews.com/71b6e12ef090cc5f49ee5260b2b5bc25
British Prime Minister Boris Johnson expressed his gratitude to the staff of the National Health Service for saving his life when his experience with the coronavirus could have “gone either way” as the U.K. on Sunday became the fourth European country to surpass 10,000 virus-related deaths.
https://apnews.com/71b6e12ef090cc5f49ee5260b2b5bc25
AP NEWS
UK virus deaths top 10,000 as leader Johnson leaves hospital
LONDON (AP) — British Prime Minister Boris Johnson expressed his gratitude to the staff of the National Health Service for saving his life when his treatment for the coronavirus could have “gone either way" as the U...
Gunman Kills 16 in Rampage, Deadliest in Canadian History
A man disguised as a police officer went on a shooting rampage in the Canadian province of Nova Scotia, killing 16 people Sunday, in the deadliest such attack in the country’s history. Officials said the suspected shooter was also dead.
https://apnews.com/7c9a33ae52420e0ddbfb5275898a7e79
A man disguised as a police officer went on a shooting rampage in the Canadian province of Nova Scotia, killing 16 people Sunday, in the deadliest such attack in the country’s history. Officials said the suspected shooter was also dead.
https://apnews.com/7c9a33ae52420e0ddbfb5275898a7e79
AP News
16 killed in shooting rampage, deadliest in Canadian history
TORONTO (AP) — A gunman disguised as a police officer shot people in their homes and set fires in a rampage across the Canadian province of Nova Scotia that killed 16 people, the deadliest such attack in the country’s history.
Oil Price Crashes into Negative Territory for the First Time in History Amid Pandemic
U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut, ending the day at a stunning minus $37.63 a barrel as desperate traders paid to get rid of oil.
https://www.reuters.com/article/us-global-oil/oil-price-crashes-into-negative-territory-for-the-first-time-in-history-amid-pandemic-idUSKBN2210V9
U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut, ending the day at a stunning minus $37.63 a barrel as desperate traders paid to get rid of oil.
https://www.reuters.com/article/us-global-oil/oil-price-crashes-into-negative-territory-for-the-first-time-in-history-amid-pandemic-idUSKBN2210V9
Reuters
Oil price crashes into negative territory for the first time in history amid pandemic
NEW YORK (Reuters) - U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut, ending the day at a stunning minus $37.63 a barrel as desperate traders paid to get rid of oil.
U.S. Coronavirus Cases Top 1 Million as Projected Death Toll Rises
U.S. cases of the novel coronavirus topped 1 million on Tuesday, having doubled in 18 days, and making up one-third of all infections in the world, according to a Reuters tally.
More than 56,500 Americans have died of the highly contagious respiratory illness COVID-19 caused by the virus, an average of about 2,000 a day this month, according to the tally.
The actual number of cases is thought to be higher, with state public health officials cautioning that shortages of trained workers and materials have limited testing capacity.
https://reut.rs/3cWDd26
U.S. cases of the novel coronavirus topped 1 million on Tuesday, having doubled in 18 days, and making up one-third of all infections in the world, according to a Reuters tally.
More than 56,500 Americans have died of the highly contagious respiratory illness COVID-19 caused by the virus, an average of about 2,000 a day this month, according to the tally.
The actual number of cases is thought to be higher, with state public health officials cautioning that shortages of trained workers and materials have limited testing capacity.
https://reut.rs/3cWDd26
Reuters
U.S. coronavirus death toll exceeds Americans killed in Vietnam War as cases top 1 million
(Reuters) - The U.S. death toll from the novel coronavirus on Tuesday exceeded the 58,220 American lives lost during the Vietnam War as cases topped 1 million, according to a Reuters tally.
US Unemployment Surges to a Depression-Era Level of 14.7%
The coronavirus crisis has sent U.S. unemployment surging to 14.7%, a level last seen when the country was in the throes of the Depression and President Franklin D. Roosevelt was assuring Americans that the only thing to fear was fear itself.
And because of government errors and the particular way the Labor Department measures the job market, the true picture is even worse. By some calculations, the unemployment rate stands at 23.6%, not far from the Depression peak of nearly 25%.
https://apnews.com/908d7a004c316baceb916112c0a35ed0
The coronavirus crisis has sent U.S. unemployment surging to 14.7%, a level last seen when the country was in the throes of the Depression and President Franklin D. Roosevelt was assuring Americans that the only thing to fear was fear itself.
And because of government errors and the particular way the Labor Department measures the job market, the true picture is even worse. By some calculations, the unemployment rate stands at 23.6%, not far from the Depression peak of nearly 25%.
https://apnews.com/908d7a004c316baceb916112c0a35ed0
AP NEWS
US unemployment surges to a Depression-era level of 14.7%
WASHINGTON (AP) — The coronavirus crisis has sent U.S. unemployment surging to 14.7%, a level last seen when the country was in the throes of the Depression and President Franklin D. Roosevelt was assuring Americans that the only thing to fear was fear itself.…
U.S. Coronavirus Deaths Top 100,000 as Country Reopens
U.S. deaths from the novel coronavirus topped 100,000 on Wednesday even as the daily average death toll declines, businesses reopen and Americans emerge from lockdowns across the country.
About 1,400 Americans have died on average each day in May, down from the peak of the outbreak in April when 2,000 people a day died on average.
https://www.reuters.com/article/us-health-coronavirus-usa-casualties/u-s-coronavirus-deaths-top-100000-as-country-reopens-idUSKBN23334Z
U.S. deaths from the novel coronavirus topped 100,000 on Wednesday even as the daily average death toll declines, businesses reopen and Americans emerge from lockdowns across the country.
About 1,400 Americans have died on average each day in May, down from the peak of the outbreak in April when 2,000 people a day died on average.
https://www.reuters.com/article/us-health-coronavirus-usa-casualties/u-s-coronavirus-deaths-top-100000-as-country-reopens-idUSKBN23334Z
U.S.
U.S. coronavirus deaths top 100,000 as country reopens
The novel coronavirus has killed more than 100,000 people in the United States, according to a Reuters tally on Wednesday, even as the slowdown in deaths encouraged businesses to reopen and Americans to emerge from more than two months of lockdowns.
Civil Unrest Rages in Minneapolis Over Racially Charged Killing by Police
Peaceful rallies gave way to a third night of arson, looting and vandalism in Minneapolis on Thursday as protesters vented their rage over the death of a black man seen on video gasping for breath while a white police officer knelt on his neck.
https://www.reuters.com/article/us-minneapolis-police-investigation/minnesota-calls-in-national-guard-to-quell-unrest-over-black-mans-death-in-police-custody-idUSKBN23423Q
Peaceful rallies gave way to a third night of arson, looting and vandalism in Minneapolis on Thursday as protesters vented their rage over the death of a black man seen on video gasping for breath while a white police officer knelt on his neck.
https://www.reuters.com/article/us-minneapolis-police-investigation/minnesota-calls-in-national-guard-to-quell-unrest-over-black-mans-death-in-police-custody-idUSKBN23423Q
Reuters
Civil unrest rages in Minneapolis over racially charged killing by police
MINNEAPOLIS (Reuters) - Peaceful rallies gave way to a third night of arson, looting and vandalism in Minneapolis on Thursday as protesters vented their rage over the death of a black man seen on video gasping for breath while a white police officer knelt…
Minneapolis Police Officer Charged with Murder in George Floyd Case
The white Minneapolis policeman who pinned an unarmed black man with a knee to the throat before the man died was arrested and charged with murder, a prosecutor said on Friday, after three nights of violent protests rocked the Midwestern city.
https://www.reuters.com/article/us-minneapolis-police-investigation-cnn/minneapolis-police-officer-arrested-in-george-floyd-case-idUSKBN2351DF
The white Minneapolis policeman who pinned an unarmed black man with a knee to the throat before the man died was arrested and charged with murder, a prosecutor said on Friday, after three nights of violent protests rocked the Midwestern city.
https://www.reuters.com/article/us-minneapolis-police-investigation-cnn/minneapolis-police-officer-arrested-in-george-floyd-case-idUSKBN2351DF
U.S.
Unrest flares in U.S. cities despite arrest of Minneapolis policeman
The white former Minneapolis police officer shown in video footage using his knee to pin an unarmed black man's neck to the street was charged with murder on Friday in the man's death, an incident that has unleashed four nights of violent protests.
NASA Resumes Human Spaceflight from U.S. Soil with Historic SpaceX Launch
SpaceX, the private rocket company of billionaire entrepreneur Elon Musk, launched two Americans toward orbit from Florida on Saturday in a mission that marks the first spaceflight of NASA astronauts from U.S. soil in nine years.
A SpaceX Falcon 9 rocket lifted off from the Kennedy Space Center at 3:22 p.m. EDT (1922 GMT), launching Doug Hurley and Bob Behnken on a 19-hour ride aboard the company’s newly designed Crew Dragon capsule bound for the International Space Station.
https://www.reuters.com/article/us-space-exploration-spacex-launch/nasa-resumes-human-spaceflight-from-u-s-soil-with-historic-spacex-launch-idUSKBN2360D2
SpaceX, the private rocket company of billionaire entrepreneur Elon Musk, launched two Americans toward orbit from Florida on Saturday in a mission that marks the first spaceflight of NASA astronauts from U.S. soil in nine years.
A SpaceX Falcon 9 rocket lifted off from the Kennedy Space Center at 3:22 p.m. EDT (1922 GMT), launching Doug Hurley and Bob Behnken on a 19-hour ride aboard the company’s newly designed Crew Dragon capsule bound for the International Space Station.
https://www.reuters.com/article/us-space-exploration-spacex-launch/nasa-resumes-human-spaceflight-from-u-s-soil-with-historic-spacex-launch-idUSKBN2360D2
Reuters
NASA resumes human spaceflight from U.S. soil with historic SpaceX launch
CAPE CANAVERAL, Fla. (Reuters) - SpaceX, the private rocket company of billionaire entrepreneur Elon Musk, launched two Americans into orbit from Florida on Saturday in a landmark mission marking the first spaceflight of NASA astronauts from U.S. soil in…
Protests Flare Again in US Amid Calls to End Police Violence
Protesters took to the streets across America again Sunday, with violence flaring in pockets of largely peaceful demonstrations fueled by the killings of black people at the hands of police. A truck driver — apparently deliberately — drove into demonstrators in Minneapolis nearly a week after George Floyd pleaded with an officer pressing a knee into his neck that he could not breathe.
Protests sprang up from Boston to San Francisco, with people robbing stores in broad daylight in Philadelphia and Santa Monica, California. In Minneapolis, the tanker truck sped into a peaceful crowd of thousands on a closed highway, but no protesters appeared to have been hit, authorities said.
https://apnews.com/55933b8695e36337a6bfe96728b3e7f3
Protesters took to the streets across America again Sunday, with violence flaring in pockets of largely peaceful demonstrations fueled by the killings of black people at the hands of police. A truck driver — apparently deliberately — drove into demonstrators in Minneapolis nearly a week after George Floyd pleaded with an officer pressing a knee into his neck that he could not breathe.
Protests sprang up from Boston to San Francisco, with people robbing stores in broad daylight in Philadelphia and Santa Monica, California. In Minneapolis, the tanker truck sped into a peaceful crowd of thousands on a closed highway, but no protesters appeared to have been hit, authorities said.
https://apnews.com/55933b8695e36337a6bfe96728b3e7f3
AP NEWS
Unrest overshadows peaceful US protests for another night
WASHINGTON (AP) — Tens of thousands of protesters took to the streets across America again Sunday, with peaceful demonstrations against police killings of black people overshadowed by unrest that ravaged cities from Philadelphia to Los Angeles and flared…