The Federal Reserve on Tuesday announced that it was setting up a special entity to purchase short-term debt issued by corporations to help keep afloat companies facing a credit crunch because of the coronavirus pandemic.
From Jerusalem’s Western Wall to Saudi Arabia’s Mecca, the coronavirus is changing the Middle East and people in the region are adjusting to a new normal.
The Senate on March 16 agreed to a 77-day extension of a set of FBI surveillance tools under the Foreign Intelligence Surveillance Act (FISA) that had expired March 15, to allow lawmakers time for further negotiations on necessary reforms to the powerful domestic eavesdropping program that saw wiretapping of individuals in the Trump campaign.
The Pentagon on Tuesday laid out how the U.S. military would support the medical response to the coronavirus, from using its stockpile of respirator masks to potentially building field hospitals and perhaps even deploying Navy hospital ships to reduce the stress on U.S. emergency rooms.
In a striking and unexpected abandonment of a once-heralded prosecution initiated by Special Counsel Robert Mueller, the Justice Department moved Monday to drop charges against two Russian companies that were accused of funding a social media meme campaign to further their ‘strategic goal to sow discord in the U.S. political system, including the 2016 presidential election.’
The Israel Defense Forces on Tuesday accused the Hezbollah terror group and the Syrian army of being behind an attempted sniping attack against Israeli soldiers in the Golan Heights earlier this month, which was thwarted by an Israeli strike on the suspects’ car.
The Pentagon is starting the process of activating Navy hospital ships USNS Mercy (T-AH-19) and USNS Comfort (T-AH-20) as part of the Defense Department’s domestic response to the spreading COVID-19 virus, USNI News has learned.
The S&P 500 rose 6% on Tuesday, a day after its steepest decline since the 1987 crash, as the Federal Reserve took further steps to boost liquidity and stem damage from the coronavirus outbreak that has gripped the global economy.
China is revoking the press credentials of three major US media organizations, in a move that has been censured by US Secretary of State Mike Pompeo as a further step toward secrecy by the communist administration of Xi Jinping.
The White House proposed an $850 billion stimulus package Tuesday for an economy that has been rocked by coronavirus fears, the Trump Administration expecting bipartisan support for a move that may involve sending Americans $1,000 checks.
An ‘unprecedented’ locust swarm is forming in the Horn of Africa, according to the UN Food and Agriculture Organization, and is expected to cause major food shortages across Africa and the Middle East later this summer.
The European Union announced that member nations will close the EU’s external borders for the next 30 days to slow the spread of the coronavirus pandemic.
Israel’s caretaker government unanimously approved on Tuesday a measure allowing security services to deploy advanced digital monitoring tools in an effort track carriers of the coronavirus, despite widespread privacy concerns.
A member of the Assembly of Experts, which has the power to appoint or dismiss the country’s supreme leader, Ayatollah Ali Khamenei, has died from the COVID-19 illness caused by the virus, the semi-official Fars and Tasnim news agencies reported Monday.
Stocks fell sharply Monday — with the Dow suffering its worst day since the ‘Black Monday’ market crash in 1987 and its third-worst day ever — even after the Federal Reserve embarked on a massive monetary stimulus campaign to curb slower economic growth amid the coronavirus outbreak.
U.S. health officials say the first human trial has begun to test an experimental coronavirus vaccine, as scientists race to find treatments for the pandemic.
Dr. Deborah Birx, White House coordinator of the coronavirus response team, said Monday that millennials ‘are the core group’ that will stop COVID-19.
The U.S. Supreme Court announced Monday it is postponing scheduled oral arguments through the month of March.
The White House Monday issued new COVID-19 guidelines for Americans to follow over a crucial 15-days period, as President Donald Trump said that ongoing efforts to stop the spread of the novel coronavirus could continue on until the middle of summer or even longer.
A day after a dramatic move in interest rates, the Federal Reserve on Monday increased the amount of liquidity it’s offering in short-term lending to the financial industry.