Republicans plan to slash emergency benefits

Republicans plan to slash emergency  benefits

Senate Republicans on Monday proposed a $1 trillion coronavirus aid package hammered out with the White House, paving the way for talks with Democrats on how to help Americans as expanded unemployment benefits for millions of workers expire this week. Senate Majority Leader Mitch McConnell called the proposal a "tailored ...

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Trump economic adviser predicts 20% US second-half growth

Trump economic adviser predicts 20% US second-half growth

The US economy will grow on the order of 20% in the third and fourth quarters, a top White House economic adviser predicted on Sunday, despite reopening setbacks linked to a coronavirus resurgence. "I don't deny that some of these hotspot states moderate that recovery, but on the whole the ...

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Trump team, Senate Republicans agree on coronavirus aid offer

Trump team, Senate Republicans agree on coronavirus aid offer

Top aides to US President Donald Trump said on Sunday they agreed in principle with Senate Republicans on a $1 trillion coronavirus relief package – the party's opening offer in negotiations with Democrats less than a week before enhanced unemployment benefits expire. White House Chief of Staff Mark Meadows told ...

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Silver rally may have a bright, green future

Silver rally may have a bright, green future

LONDON: Gold may glimmer but silver is sparklier. The price of the white metal has so far this year risen even more than that of its yellow cousin, which is itself one of the best performing assets of 2020. The silver rally may have further to run for two reasons ...

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Australia says economy shrank 7% in Q2

Australia says economy shrank 7% in Q2

Australia warned on Thursday that its economy will shrink at its fastest pace in history during the second quarter, while the budget deficit will be the biggest since the Second World War as the country battles to contain the impact of the coronavirus. The government has stumped up tens of ...

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Trump delisting threat benefiting Hong Kong 

Trump delisting threat benefiting Hong Kong 

(ATF) Donald Trump’s threat to delist US-listed Chinese companies is turning out to be a boon for Hong Kong as the financial centre experiences a surge in foreign investment flows chasing new IPOs. More than 150 China-based companies with a combined market value of $1.2 trillion are traded on US ...

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US tells China to shut Houston consulate, angers Beijing

US tells China to shut Houston consulate, angers Beijing

(ATF) The United States has told the Chinese consulate in Houston to shut down in three days, citing a need to protect American intellectual property and information, amid a sharp deterioration in relations between the two countries. Beijing condemned the order and threatened retaliation. A source said China was considering ...

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