I started wearing disposable gloves and a mask in early March. Almost everyone was looking at me as if I was some kind of a freak. Today, I don’t wear a mask when I go out and people are looking at me as if I am an idiot. Most of the time it makes perfect […]...
(Bloomberg) -- The U.S. stepped up pressure on Saudi Arabia to seal a historic deal to cut global oil production, as a group of prominent Republican senators warned the kingdom of the consequences of failure.Talks aimed at ending an oil-price war that’s savaging the U.S. oil industry and threatening petrostates’ budgets dragged on for a third day, as Mexico and Saudi Arabia refused to budge. In an attempt to move the talks along, a group of U.S. Republican senators spoke with the Saudi oil minister by conference call.“The Saudis spent over a month waging war on American oil producers, all while our troops protected theirs. That’s not how friends treat friends,” said Senator Kevin Cramer of North Dakota. “Saudi Arabia’s next steps will determine whether our strategic partnership is salvageable.”Some Republican senators have raised the prospect of cutting off aid to Saudi Arabia if the kingdom doesn’t pare its output, and...
Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output. Saudi Arabia and Russia were close to finalizing a deal to cut crude output by a record 10 million barrels per day. Oil prices had fallen to 18-year lows as the coronavirus outbreak closed down economies across the world and after major producers Saudi Arabia and Russia had boosted output in a race for market share....
While most investors were focusing on the Fed and demand for risk, Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr said the central bank can support the economy for as long as needed through both quantitative easing and other tools....
As the coronavirus pandemic threatens the survival of restaurants across the country, a tech company called Goldbelly offers an alternative revenue stream: shipping local foods to all 50 states....
(Bloomberg) -- The U.S. became the world’s deadliest coronavirus hotspot, surpassing Italy. In New York, the mayor of the biggest city and the governor are at odds over keeping schools closed.France reported a drop in fatalities for the second day in a row. Italy had the highest number of new cases in a week. Spain and Germany reported the fewest new deaths in more than a week.U.S. governors sought $500 billion in federal aid to offset the economic hit from social-distancing measures.Key DevelopmentsCoronavirus Tracker: Global cases exceed 1.7 million; deaths top 107,000U.K. reports 917 new deaths, total rises to 9,875U.S. states launch containment effortsEU backs Sweden, Belgium on aviation aidArticle indicates progress toward vaccineApple, Google plan contact-tracing phone appU.S. States Prepare Test-and-Trace Programs (3 p.m. NY)Several states have started efforts to contain Covid-19, laying plans to test aggressively and track the potentially infected with help from nonprofits, universities and the private...
