Board: Puerto Rico to see 65% surplus drop amid debt crisis A federal control board that oversees Puerto Rico’s finances says the island could be hit with a deficit earlier than expected and see its surplus plunge by 65%, warning the government cannot afford to pay current debt obligations By DÁNICA COTO Associated Press May 27, 2020, 2:11 AM 4 min read SAN JUAN, Puerto Rico — A federal control board … Read More
Israel passes on Chinese bid for major desalination plant Israel has passed over a Hong Kong-based company for a contract to build a new desalination plant outside Tel Aviv May 26, 2020, 7:09 PM 2 min read JERUSALEM — Israel on Tuesday awarded a contract to build a new desalination plant to a local company, turning down a bid by a Hong Kong conglomerate at a time of growing … Read More
Most Medicare enrollees could get insulin for $35 a month WASHINGTON — Medicare recipients will be able to get prescription plans that limit copays for insulin, a potential savings of hundreds of dollars, the White House announced Tuesday in a pivot to pocketbook issues that could influence November’s election. The new benefit — to be formally unveiled at a Rose Garden event Tuesday afternoon — is being touted as a … Read More
Pharmacist, used car salesman charged with COVID-19 fraud A pharmacist and a used car salesman have been arrested on charges that they designed frauds to capitalize on the search for protective equipment during the pandemic May 26, 2020, 6:07 PM 2 min read 2 min read Share to FacebookShare to TwitterEmail this article NEW YORK — A pharmacist and a used car salesman were arrested Tuesday on charges … Read More
Under-fire UK government aide Cummings has Johnson’s loyalty LONDON — Dominic Cummings helped Boris Johnson win power by pitting the people against the elite. Johnson’s Conservative administration has branded itself “the People’s Government.” The prime minister’s populist appeal has been hammered by news that, as the coronavirus outbreak raged, chief adviser Cummings drove 250 miles (400 kilometers) to his parents’ house while he was falling ill with suspected … Read More
EU agency seeks airline, airport input on new virus guidance Europe’s aviation safety agency is calling on airlines and airports to participate in a program to help evaluate new coronavirus guidelines in real-life situations By DAVID RISING Associated Press May 26, 2020, 5:03 PM 3 min read BERLIN — Europe’s aviation safety agency called on airlines and airports Tuesday to participate in a program to help evaluate new coronavirus guidelines … Read More
Congress weighs choice: ‘Go big’ on virus aid or hit ‘pause’ WASHINGTON — Congress is at a crossroads in the coronavirus crisis, wrestling over whether to “go big,” as House Speaker Nancy Pelosi wants for the next relief bill, or hit “pause,” as Senate Majority Leader Mitch McConnell insists. It’s a defining moment for the political parties heading toward the election and one that will affect the livelihoods of countless Americans … Read More
German companies flying 200 workers to China in mass return A flight carrying about 200 employees of German companies to China is to arrive Saturday in the first mass return of foreign workers since Beijing barred most visitors from overseas two months ago to fight the coronavirus By JOE McDONALD AP Business Writer May 26, 2020, 1:09 PM 3 min read 3 min read Share to FacebookShare to TwitterEmail this … Read More
WHO warns that 1st wave of pandemic not over; dampens hopes BANGKOK — As Brazil and India struggle with surging coronavirus cases, a top health expert is warning that the world is still smack in the middle of the pandemic, dampening hopes for a speedy global economic rebound and renewed international travel. “Right now, we’re not in the second wave. We’re right in the middle of the first wave globally,” said … Read More
France to unveil rescue plan for struggling car industry French President Emmanuel Macron is set to unveil new measures to rescue the country’s car industry, which has been hammered by the virus lockdown and recession By SYLVIE CORBET Associated Press May 26, 2020, 9:54 AM 4 min read PARIS — French President Emmanuel Macron is set to unveil on Tuesday new measures to rescue the country’s car industry, which … Read More
