Fed announces more emergency moves to stem dollar, liquidity strains

The U.S. Federal Reserve continued to roll out emergency support on Friday as it enhanced efforts with other major central banks to ease a global dollar-funding crunch, backstopped a market essential for U.S. state and local government finances and ramped up its purchases of mortgage-backed securities.

Trump to seek $500 billion in direct payments to Americans

Saying that ‘in a sense’ he is ‘a wartime president,’ President Donald Trump wants Congress to approve $500 billion in new spending to send money directly to American households reeling from the ongoing coronavirus pandemic.

U.S., Canada to close border

The U.S. and Canada will close their border to non-essential traffic to limit the spread of the novel coronavirus.

Finally Free: Asia Bibi releases new book

Asia Bibi has released a new book detailing her nearly ten-year-long blasphemy trial, and is now hoping to gain political asylum in France after her stay in Canada.

Coronavirus Containment Window Shrinking As Virus Spreads to More Countries

Canada’s border measures to guard the country against incoming cases of the novel coronavirus, or COVID−19, will likely become less effective as transmission of the virus spreads to more countries outside of Canada, the country’s chief medical officer Dr. Theresa Tam said Monday.

Coronavirus contagion ‘getting stronger’ in China

The coranavirus has killed 80 people so far in China, where Wuhan, the city at the center of the outbreak, and 16 surrounding cities have been put under quarantine conditions to prevent its spread.

Honduras to designate Hezbollah as terrorist group

The office of Honduras’s President said Tuesday that the central American country will recognize Hezbollah as a terrorist group, following a recent decision by the German Bundestag to do the same.

More Than Third of US Healthcare Costs Go to Bureaucracy

U.S. insurers and providers spent more than $800 billion in 2017 on administration, or nearly $2,500 per person — more than four times the per-capita administrative costs in Canada’s single-payer system, a new study finds.

Worthy Christian News