Dollar

Mexico death toll overtakes UK as third-highest in the world

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Mexico has overtaken the United Kingdom as the country with the world’s third-highest coronavirus death toll – more than 46,600. On Friday, a multibillion-dollar agreement with the United Nations was announced to buy medical equipment and supplies. Al Jazeera’s Manuel Rapalo has more from Mexico City. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us … Read more Mexico death toll overtakes UK as third-highest in the world

Wisconsin Gov. Tony Evers Issues Statewide Mask Mandate as Virus Cases Spike

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Wisconsin Gov. Tony Evers on Thursday issued a statewide mask mandate amid a spike in coronavirus cases. Evers’ order set up a conflict with Republican legislative leaders and some conservatives who oppose such a requirement and successfully sued to kill the governor’s “safer at home” order. Evers, a Democrat, declared a new public health emergency … Read more Wisconsin Gov. Tony Evers Issues Statewide Mask Mandate as Virus Cases Spike

Kodak Shares Skyrocket After Pivot from Photography to Pharmaceuticals

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Eastman Kodak Co. is getting another shot at redemption. The 131-year-old company that once dominated the market for photographic film and made an ill-fated foray into cryptocurrencies is pivoting again. This time, Kodak plans to make ingredients for generic drugs, aided by a $765 million U.S. government loan, the first fruits of a Trump Administration … Read more Kodak Shares Skyrocket After Pivot from Photography to Pharmaceuticals

SocGen’s Jukes: Sit Back, Beware Volatility Supporting Dollar

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Jul.30 — Jerome Powell “did nothing to make you buy” the dollar, says Kit Juckes, chief FX strategist at Societe Generale, as he examines how the latest Federal Reserve rate decision and the potential for negative interest rates may impact the U.S. dollar. He speaks on “Bloomberg Surveillance.”

NASA launches robotic rover to search for past Martian life

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NASA has launched its new Mars rover Perseverance from Florida’s Cape Canaveral. The six-wheeled robot will test out equipment for future human missions and search for traces of past Martian life. An Atlas 5 rocket sent the car-sized rover on its way. The 2.4-billion-dollar mission is the U.S. space agency’s ninth trek to the Martian … Read more NASA launches robotic rover to search for past Martian life

Keiser Report | When Life Imitates Money Printer Go Brrr Art | E1573

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In this episode of the Keiser Report, Max and Stacy discuss the front page of the Economist asking if central bank money printing has an end. They look at historical gold, dollar and Fed Funds rate charts to see if they can’t find answers in there. In the second half, Max interviews Jack Mallers about … Read more Keiser Report | When Life Imitates Money Printer Go Brrr Art | E1573

Australia Sets Coronavirus Record as Melbourne Lockdown Struggles

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Australia has suffered its worst day of Covid-19 infections with Victoria state recording 723 new cases, dashing hopes that a lockdown in the city of Melbourne was bringing the outbreak under control. “Age-care cases, including staff, account for just around 10% of the total cases announced today,” said Prime Minister Scott Morrison. He added that … Read more Australia Sets Coronavirus Record as Melbourne Lockdown Struggles

Will the dollar lose reserve currency status?

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Amid rising tensions over technology and geopolitics, #American billionaire investor Ray Dalio has warned that the conflict between the U.S. and #China could develop into a “capital war,” which would damage the dollar. Meanwhile, international investment bank Goldman Sachs warned recently the U.S. dollar is in danger of losing its status as the world’s reserve … Read more Will the dollar lose reserve currency status?

‘We face intense competition’ -Facebook CEO

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In his opening remarks during a much-anticipated congressional hearing featuring the CEOs of four of America’s largest tech firms, Facebook Inc’s Mark Zuckerberg on Wednesday defended his company against allegations by critics that the social network has hurt competitors with their business practices. Appearing via videoconference before the House Judiciary Committee’s antitrust panel, Zuckerberg said … Read more ‘We face intense competition’ -Facebook CEO

Zuckerberg Defends Efforts to Stop Election Interference, Hate Speech on Facebook

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During today’s testimony before a Congressional antitrust panel, Mark Zuckerberg went off-script a little bit — at least the script we expected — pointing out how Facebook Inc. lags behind a number of competitors, including Alphabet Inc., Amazon.com Inc. and Apple Inc. Zuckerberg isn’t hesitating to use some sharp elbows, pointing out that Amazon is … Read more Zuckerberg Defends Efforts to Stop Election Interference, Hate Speech on Facebook

Najib Razak: Malaysian ex-PM gets 12-year jail term in 1MDB corruption trial – BBC News

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A court in Malaysia has sentenced former PM Najib Razak to 12 years in jail after finding him guilty on all seven counts in the first of several multi-million dollar corruption trials. Najib had pleaded not guilty to the charges of criminal breach of trust, money laundering and abuse of power. The case against him … Read more Najib Razak: Malaysian ex-PM gets 12-year jail term in 1MDB corruption trial – BBC News

Consumer prices go backwards for the first time in decades | Finance Report

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The Australian dollar was unmoved by today’s well anticipated drop in consumer prices and ended the day slightly higher. Alan Kohler has today’s finance report. Read more here: https://www.abc.net.au/news/business/ For more from ABC News, click here: https://ab.co/2kxYCZY You can watch more ABC News content on iview: https://ab.co/2OB7Mk1 Subscribe to us on YouTube: http://ab.co/1svxLVE Go deeper … Read more Consumer prices go backwards for the first time in decades | Finance Report

Launceston dam receives million-dollar hole to allow eels to migrate north | ABC News

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The Trevallyn Dam in the heart of Launceston has been powering homes for around 70 years. It has also been trapping short-finned eels behind its walls, preventing them from migrating downstream. Hydro Tasmania has built a $1 million eel bypass, allowing the eels to pass through the wall and onto freedom. For more from ABC … Read more Launceston dam receives million-dollar hole to allow eels to migrate north | ABC News

Najib Conviction Bolsters Malaysia Leader’s Hopes of Staying On

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The guilty verdict against former prime minister Najib Razak in the first of the 1MDB trials could strengthen the current government’s hand after months of political turmoil. Najib faces at least 12 years in prison after the High Court on Tuesday found him guilty of all seven charges in a case involving millions he received … Read more Najib Conviction Bolsters Malaysia Leader’s Hopes of Staying On