US President Donald Trump's refusal of the $900 billion package, which is linked to $1.4 trillion government funds bill, could spark a federal shutdown at midnight Monday.
The aid package aims to deliver long-sought cash to businesses and individuals and resources to vaccinate a nation confronting a frightening surge in Covid-19 cases and deaths.
The moves by two of the nation's four biggest airlines represent the first — and likely the largest — of involuntary job cuts across the industry in coming days.
The United States imposed sanctions on several companies, accusing them of enabling the shipment and sale of Iranian petrochemicals, the Treasury Department said in a statement.
As well as Carrie Lam, the sanctions target Hong Kong Police commissioner Chris Tang and his predecessor Stephen Lo; John Lee Ka-chiu, Hong Kong's secretary of security, and Teresa Cheng, the justice secretary.
ICC prosecutor Fatou Bensouda wants to investigate possible crimes committed between 2003 and 2014 including the alleged torture of prisoners by Afghan authorities and, to a lesser extent, by US forces and the CIA.
As the global economy heads for recession and people fear job losses, all eyes are on a few central bankers.
The US Senate unanimously passed a $2-trillion bill aimed at helping unemployed workers and industries hurt by the coronavirus pandemic, as well as providing billions of dollars to buy urgently needed medical equipment.
The agreement came after days of often intense haggling and mounting pressure and still needed to be finalised in detailed legislative language.
Stocks surge on Wall Street, sending Dow Jones up more than 2,100 points – biggest-ever point gain since 1933 – as Congress nears a deal to mitigate damage from coronavirus outbreak.
After days of playing down the threat, he blamed the European Union for not acting quickly enough to address the novel coronavirus and claimed that US clusters were “seeded” by European travellers.
Annual World Economic Forum kicks off with US President Donald Trump criticising "prophets of doom" and teenage activist Greta Thunberg urging global financial elite to act against environmental crisis.
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