EU Agrees On Coronavirus Fund After Disputes

Leaders of the European Union have agreed on an unprecedented 1.82 trillion euro ($2.1 trillion) budget and coronavirus recovery fund after tense negotiations that included table banging and meeting walkouts.

EU Leaders Continue Corona Talks Amid Abuse and Table Banging

Leaders of the 27 European Union nations are trying to agree on a massive EU coronavirus recovery fund and a budget amid reports of quarrels. As talks entered their fourth day, there was some hope of a breakthrough. However, the European Union delegates appeared weary and even bleary as they began another round of fighting over an unprecedented 1.85 trillion-euro ($2.1 trillion) EU budget.

US, India Discuss ‘Possibility’ of Free Trade Pact

The U.S. and India discussed the “possibility” of a free trade pact, India’s Commerce and Industry Ministry said in a statement Thursday, just days after India began free trade agreement talks with the European Union.

Russian Spies Try Stealing Coronavirus Vaccine Research

Western security services say Russian spies try to steal coronavirus research in several Western nations. Britain’s National Cyber Security Centre (NCSC) warned Friday that Russian hackers “almost certainly” operated as “part of Russian intelligence services.”

Pro-Western Party Wins Troubled Vote In North Macedonia    

A pro-Western party in North Macedonia is trying to form a coalition government after it claimed victory in somewhat historic but troubled elections. The Balkan nation’s first national vote under a new state name faced a suspected hacking attack impacting the publishing of results. 

Israel: New surge in COVID-19 cases may cause return to lockdown

Israeli officials are anticipating the likelihood of renewing a nationwide lockdown as the country had 1,575 new cases of COVID-19 Monday, the Times of Israel reports. With a population of fewer than nine million residents, Israel has now had over 43,000 cases, including over 23,000 currently active cases and 375 coronavirus related deaths.

U.S. plans to restrict Mexico, Canada border crossings until late August

The Trump administration is planning to extend restrictions barring non-essential travel across the Mexican and Canadian borders until at least late August as coronavirus cases and deaths continue to spike in the U.S. and Mexico, according to three people familiar with the plans.

Two More Explosions at Sensitive Sites in Iran

Iran saw two further explosions at sensitive sites Sunday, with fire at a petrochemical plant in the Khuzestan province and a blast in a building believed to hold gas cylinders in Tehran, Fox News reported. These incidents were the latest in a series of sometimes deadly, mysterious explosions that have been taking place at military or infrastructural sites since June 26.

EU states have yet to agree on coronavirus economic stimulus package

German Chancellor Angela Merkel has said a further summit of European Union member states may be required if Friday’s planned meeting fails to produce agreement on an economic stimulus package to help the bloc recover financially from COVID-19, the Washington Times reports.

France: ‘Over Eight Billion To Coronavirus-Fighting Health Workers’

The French government and unions have signed an agreement to give over eight billion euros in pay rises for the nation’s troubled health workers. France’s recently appointed Prime Minister Jean Castex said the move was overdue amid the devastating coronavirus pandemic in the European Union member state.

US Budget Deficit Hits All-Time High of $864 Billion in June

The U.S. government, faced with a surge in COVID-19 cases and their economic impact, said it incurred its biggest monthly deficit ever in June, an $864 billion figure that is more than the country usually has recorded annually throughout its history.

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