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Virus hovers above Trump stimulus

WASHINGTON (AFP) — President Donald Trump’s push for economic stimulus measures to combat market turmoil in the midst of the growing coronavirus crisis got a slow start Tuesday after talks with skeptical lawmakers. The outbreak has prompted US airlines to cancel flights, the Federal Reserve to make its first emergency rate cut in 12 years […] The post Virus hovers above Trump stimulus appeared first on Daily Tribune......»»

Category: newsSource: tribune tribuneMar 11th, 2020

Trump sees crimson as Harvard receives millions in virus aid, wants it back

WASHINGTON, D.C.: US President Donald Trump insisted Tuesday that Harvard, the world’s wealthiest university, pay back millions it received under a massive government stimulus package meant to cushion the economy from the coronavirus pandemic. “Harvard, you pay that money back. I want Harvard to pay the money back, ok? And if they don’t do that, […].....»»

Category: newsSource:  manilatimes_netRelated NewsApr 22nd, 2020

Biden vows to tackle virus, trashes Trump

Joe Biden flayed Donald Trump on Tuesday with accusations the US President has surrendered to a surging pandemic, as the Democrat took his campaign to the Republican stronghold of Georgia one week before the election......»»

Category: newsSource:  thestandardRelated NewsOct 28th, 2020

Stimulus talks slow but continue: White House official

US policymakers continued to hold talks Monday on a new spending package to aid the virus-hit economy, but the negotiations have lost momentum, dimming hopes that an agreement can be reached before the November 3 election......»»

Category: newsSource:  thestandardRelated NewsOct 27th, 2020

Asian markets lifted by stimulus optimism, vaccine hopes

Asian markets rose Wednesday on signs US lawmakers are edging towards agreeing a new stimulus for the struggling economy, while hopes for a vaccine helped temper worries about surging virus infecti.....»»

Category: newsSource:  philippinetimesRelated NewsOct 22nd, 2020

Trump hindi na makahahawa ng COVID

Wala pang dalawang linggo matapos magpositibo sa COVID-19, inanunsyo kaagad ng isang doktor na hindi na mapapasa ni US President Donald Trump ang virus sa iba at pinatitigil na rin ang quarantine para sa opisyal. The post Trump hindi na makahahawa ng COVID first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsOct 13th, 2020

Fauci says Trump campaign ad twists his words on virus

Top government scientist Anthony Fauci said Sunday that an ad aired by Donald Trump's reelection campaign was edited to make him seem to endorse the president's handling of the coronavirus pandemic......»»

Category: newsSource:  thestandardRelated NewsOct 12th, 2020

Asian markets rise on growing hopes for US stimulus

Optimism that US lawmakers will eventually pass a new stimulus package lifted Asian markets Monday, with the White House ramping up its offer and Donald Trump insisting Republicans want to get a deal done......»»

Category: financeSource:  thestandardRelated NewsOct 12th, 2020

Fauci says Trump’s talk of Covid-19 ‘cure’ causing confusion

US President Donald Trump has been talking up an experimental Covid-19 treatment he received as “a cure,” but one of his top government scientists said referring to it as such may cause “confusion.” Anthony Fauci, the longtime director of the National Institute of Allergies and Infectious Disease, gave an interview to CBS News on Friday where he also referred to the coronavirus outbreak at the White House that infected dozens of people as a “super spreader event.” Asked about Trump’s effusive praise for Regeneron’s antibody treatment, Fauci said that talking about a “cure” could be misleading because it hasn’t yet been proven, and the drugs that are currently available have only been shown to have modest to moderate results.  “We don’t have any indication — I think you really have to depend on what you mean by a cure, because that’s the word that leads to a lot of confusion,” he said. He then walked through some of the medicines that are currently recommended or have been temporarily approved against the disease. These include the antiviral remdesivir which has been shown to diminish time to recovery among hospitalized patients, and the steroid dexamethasone, which reduces mortality rates in patients who need supplemental oxygen. Regeneron’s treatment belongs to a class of drug called monoclonal antibodies. Fauci said that while these had been “showing promise in clinical trials,” the research is still ongoing and no final determination has been made. Fauci was also asked about the low level of mask use at the White House until recently, and what lessons could be learned. “I think the — the data speaks for themselves,” the scientist said of mask-wearing.  “We had a super-spreader event in the White House and it was in a situation where people were crowded together and were not wearing masks. So the data speak for themselves.” More than 30 people are thought to have been infected at a White House ceremony held September 26 for the nomination of Amy Coney Barrett to the Supreme Court. The president’s doctor Sean Conley has said Trump may return to public engagements as early as Saturday, raising fears that he may still have high levels of the virus in his body and therefore still be contagious.  Fauci said he had faith that the president’s medical team wouldn’t allow him to do that. “I can tell you, they are going to be testing him to determine the trajectory and whether he gets to the point where he’s not infected,” he said. “I can guarantee you that they will be testing him before they let him go out.”.....»»

Category: newsSource:  mb.com.phRelated NewsOct 9th, 2020

Trump restarts public speeches, falsely claims Covid has a cure

US President Donald Trump will give a public speech at the White House on Saturday for the first time since testing positive for Covid-19, and will also hold a Florida rally next week in an attempt to relaunch his stumbling reelection campaign with only 25 days to go. Knocked off the campaign trail by his hospitalization for three nights last week, the president is in the midst of a frenetic bid to catch up with surging Democratic challenger Joe Biden. On Friday, during an extended media blitz, he falsely claimed that Covid-19 now has a cure. He also revealed that he’d been told he was near death at the worst of his bout with the virus, which has killed more than 210,000 Americans and severely dented his chances of winning a second term on November 3. Saturday’s speech, which a senior administration official said would be on Trump’s favored theme of “law and order,” will give him a chance to dispel lingering doubts about his health. The crowd will be on the South Lawn of the White House, while the president will stand up on the balcony, the official said, confirming US media reports. And on Monday, Trump will take another big step by holding a rally in Sanford, in the crucial electoral state of Florida, his campaign said. The events come despite continued questions over how sick Trump was last week and how complete his recovery is now, with White House officials refusing to answer basic queries including the date on which the president first contracted the virus and whether he has tested negative since. – ‘Better than a vaccine’ – On Friday, Trump gave a marathon interview to right-wing talk radio host Rush Limbaugh in which he said the experimental Regeneron antibody cocktail that he took as part of therapeutic treatment was “a cure.” It’s “a total game changer” and “better than a vaccine,” he said. In fact, there is no cure and still no approved vaccine for the coronavirus. Trump repeatedly asserted that he feels fine and he has been backed up by statements from the presidential physician, Sean Conley. But in his Limbaugh interview, Trump suggested for the first time that he had been close to death, had it not been for the therapeutic drugs. “I’m talking to you today because of it. I could have been a bad victim,” he said, referring to friends of his who had died from Covid-19. Trump said that doctors told him afterward, “you were going into a very bad phase.”  “You know what that means,” said the president. According to Conley, Trump is now fit for a “safe return to public engagement” from Saturday. – Battle for attention – Trump has tried to fill the gap left by his enforced absence from the campaign trail by making back-to-back appearances on friendly media outlets. He twice spoke at length on Fox on Thursday and was due back on Fox’s Tucker Carlson Tonight show late Friday, appearing from the White House where he was to undergo what the network described as an on-air “medical evaluation,” conducted remotely by Fox contributor Doctor Marc Siegel. Biden, however, is already picking up the pace of travel, with a stop in Nevada on Friday after going to Arizona on Thursday. Polls show Biden leads heavily in key demographics including women and the elderly, prompting analysts to talk increasingly of a possible landslide victory. Trump’s biggest liability — overwhelming public dissatisfaction over his handling of the coronavirus crisis — has returned as the headline issue of the campaign thanks to the president’s own infection. Adding to the pressure, congressional Democrats who control the House of Representatives unveiled plans for a commission to investigate a president’s physical and mental fitness for the job — a move clearly meant to jab at Trump. The speaker of the House, Nancy Pelosi, said it was time to examine Trump’s “disassociation from reality.”.....»»

Category: newsSource:  mb.com.phRelated NewsOct 9th, 2020

Stocks close lower over budget delay

The local stock market ended the week lower yesterday over concern that the passage of next year’s budget will be delayed.  The Philippine Stock Exchange index (PSEi) shed 11.05 points, or 0.19 points, to close at 5,931.61 with sectoral indices mixed.  Volume was lower at 9.16 billion shares worth P5.63 billion with gainers beating losers 119 to 76 with 43 unchanged.  “The local bourse declined due to worries over a possible delay in the passage of the national budget for 2021 which would serve as a risk against the local economic recovery,” said Philstocks Financial Senior Analyst Japhet Tantiangco.  Regina Capital Development Corporation Managing Director Luis Limlingan noted that, “Local shares retraced from earlier losses to close marginally lower after House Speaker Nancy Pelosi rejected the idea of a standalone bill to aid the airline industry, saying such a measure would need to be part of a broader fiscal stimulus package. President Trump doubled down on the Fiscal Stimulus and insisted now to have a larger than the proposed airline stimulus.”.....»»

Category: newsSource:  mb.com.phRelated NewsOct 9th, 2020

Stocks slump on Trump dumping stimulus talks

Local shares extended their decline for the third straight day on Wednesday after Wall Street fell following coronavirus-infected United States President Donald Trump’s sudden decision to suspend talks on economic stimulus measures. The benchmark Philippine Stock Exchange index (PSEi) shaved off 0.72 percent or 42.76 points to close at 5,867.88 while the wider All Shares […].....»»

Category: newsSource:  manilatimes_netRelated NewsOct 9th, 2020

Trump calls off talks on stimulus plan

Washington—President Donald Trump on Tuesday called off talks on a new stimulus plan to boost the Covid-ravaged US economy until after the election, sending Wall Street plunging and upending recent progress made in the long-delayed negotiations......»»

Category: financeSource:  thestandardRelated NewsOct 8th, 2020

Stock market declines; ABS-CBN tops gainers

The stock market declined Wednesday for the third straight day, after Donald Trump called off talks on a much-needed stimulus before urging lawmakers to agree on handouts for struggling Americans and help for small businesses......»»

Category: financeSource:  thestandardRelated NewsOct 8th, 2020

Doctors to rule on Trump discharge, but spokeswoman Covid positive

Doctors were to decide Monday whether to discharge Donald Trump from hospital but news that the president's spokeswoman had also tested positive for COVID-19 underlined the out-of-control spread of the virus through a chaotic White House......»»

Category: newsSource:  thestandardRelated NewsOct 6th, 2020

Virus derails Trump campaign

WASHINGTON (AFP) — President Donald Trump was hospitalized Friday and given an experimental Covid-19 treatment, but said he was “well,” following bombshell news that the Republican had contracted the virus, knocking him off the campaign trail a month from the US election. After having not been seen in public since his shock announcement that he […] The post Virus derails Trump campaign appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsOct 4th, 2020

Kasama ni Trump sa event nahawa ng COVID

Inanunsyo ni dating White House counselor Kellyanne Conway na nagpositibo siya sa COVID-19 matapos na kumpirmahin ni US President Donald Trump na tinamaan siya ng virus. The post Kasama ni Trump sa event nahawa ng COVID first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsOct 3rd, 2020

Trump hospitalized for COVID treatment, campaign grounded

President Donald Trump was hospitalized Friday and given an experimental COVID-19 treatment, but said he was “well,” following bombshell news that the Republican had contracted the virus, knocking him off the campaign trail a month from the US election......»»

Category: newsSource:  thestandardRelated NewsOct 3rd, 2020

Trump quarantines as virus situation worsens in Europe

US President Donald Trump went into quarantine Thursday night after a potential Covid-19 exposure, as more restrictions loomed in Europe in an attempt to contain the deadly pandemic......»»

Category: newsSource:  thestandardRelated NewsOct 2nd, 2020

Stock market slips for third straight day; Puregold rises

The stock market fell for the third straight day Thursday following another sharp sell-off on Wall Street as investors were bombarded by a perfect storm of problems including rising virus infections, new lockdowns, a slowing economic recovery, stalled US stimulus talks and election uncertainty......»»

Category: lifestyleSource:  abscbnRelated NewsSep 24th, 2020

Asia markets struggle again as virus trumps Wall Street bounce

Asian investors struggled to match their Wall Street counterparts Wednesday, with markets drifting as spiking infection rates, new containment measures and still no US stimulus fuel concerns about economic recovery......»»

Category: financeSource:  thestandardRelated NewsSep 23rd, 2020