Sunak pledges more spending as UK emerges from pandemic

UK 2021 GDP +6.5% vs previous forecast +4.0% Credit forecasts lowered by OBR Sunak: getting started with the post-pandemic economy Sunak says government is ready to act on inflation Promise for real spending increase for all departments LONDON, Oct. 27 (Reuters) – Chancellor of the Exchequer Rishi Sunak used a stronger forecast for Britain’s post-lockdown … Read more

COVID infections, deaths plummet across America – health agency

A woman receives a dose of Pfizer/BioNTech vaccine against coronavirus disease (COVID-19) during a vaccination campaign in the University of Santiago, Chile, June 30, 2021. REUTERS/Ivan Alvarado BRASILIA, Oct. 27 (Reuters) – COVID-19 is slowly retreating across most of the Americas, the Pan American Health Organization (PAHO) said Wednesday, reporting that last week’s death and … Read more

US Oil Demand Soars, Tanks Are Emptying in Oklahoma

Crude oil storage tanks can be seen in an aerial view at the Cushing Oil Hub in Cushing, Oklahoma, US Apr. 21, 2020. REUTERS/Drone Base NEW YORK, Oct. 27 (Reuters) – Crude oil tanks in the Cushing, Oklahoma storage and delivery hub for US crude futures are more depleted than in the past three years, … Read more

Thailand is preparing for tourism restart with reopening test

BANGKOK, Oct. 27 (Reuters) – Thailand held a dry run on Wednesday for the much-anticipated quarantine-free reopening for vaccinated travelers as the country rushes to restart an industry battered by an 18-month hiatus in international tourism. At Suvarnabhumi Airport in Bangkok, Thailand’s main gateway, airport staff and health and immigration officials simulated the arrival of … Read more

The U.S. Senate Democrat reveals ‘billionaire tax’ for Biden’s agenda

US President Joe Biden leaves after delivering an update on his administration’s response to coronavirus disease (COVID-19) at the Eisenhower Executive Office Buildings South Court Auditorium in the White House in Washington, USA, June 2, 2021. REUTERS / Carlos Barria WASHINGTON, Oct. 27 (Reuters) – U.S. billionaires would pay taxes on unrealized gains from their … Read more

Cuba welcomes tourists as homegrown vaccination campaign kicks off

HAVANA, Oct. 26 (Reuters) – Cuba will open its borders and relax entry requirements next month after it vaccinates most of its people with homegrown COVID-19 drugs, allowing it to welcome foreign visitors and give it a shot in the arm to its ailing tourism industry. Strict restrictions due to the pandemic, a drastic cut … Read more

‘Children are going to die’, warns UN agency as Afghanistan collapses

Millions of Afghans, including children, could die of starvation unless urgent action is taken to withdraw Afghanistan from the collapse, a senior UN official warned, calling for frozen funds to be released for humanitarian action. World Food Programs (WFP) CEO David Beasley told Reuters that 22.8 million people – more than half of Afghanistan’s 39 … Read more

Evergrande, EV shares jump after chairman signals business shift

A traffic light is seen near the headquarters of China Evergrande Group in Shenzhen, China’s Guangdong province, September 26, 2021. REUTERS/Aly Song/File Photo HONG KONG, Oct. 25 (Reuters) – Shares in China Evergrande Group (3333.HK) and its EV unit rose on Monday as the embattled real estate developer prioritized growing its nascent electric vehicle business … Read more

New Zealand reports second-highest daily COVID-19 cases in pandemic

A member of the public receives a Pfizer vaccine at a COVID-19 vaccination clinic in Otara during a single-day vaccination drive aimed at increasing the percentage of vaccinated people in the country in Auckland, New Zealand, October 16, 2021. REUTERS / Simon Watts October 25 (Reuters) – New Zealand on Monday reported 109 new locally … Read more

Turkish lira reaches record low after Erdogan seeks deportation

A money changer holds Turkish lira banknotes at a currency exchange office in Ankara, Turkey on October 12, 2021. REUTERS / Cagla Gurdogan ISTANBUL, October 24 (Reuters) – Turkish lira weakened 1.6% to a record low against the dollar in early Asian trade after President Tayyip Erdogan said he had ordered the expulsion of ambassadors … Read more