Tuesday, September 15, 2020

S&P 500 and Nasdaq gain while Dow closes flat

WALL STREET: The S&P 500 Hundred and Nasdaq closed up off the back of
gains for tech companies.

It comes as the Federal Reserve begins its two day policy meeting.

Sarah Walton reports

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Family of Breonna Taylor with $12 million settlement

The family of an African American woman shot dead by police in her own
home, is to get a $12 million settlement from the city of Louisville
in Kentucky.

Breonna Taylor was killed in March.

Sarah Walton reports.

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[Wrap] UAE, Bahrain, Israel sign normalization deal

The United Arab Emirates and Bahrain have signed a historic agreement
with Israel to normalize relations after decades of isolating the
Jewish state.

The deal, brokered by the Trump administration, is also a major
foriegn policy coup just ahead of November's presidential election.

Nick Harper reports from Washington.

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[ALT] President Trump spoke ahead of the signing at the White House.

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[ALT] President Trump says he expects more countries to normalize
relations with Israel soon.

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[ALT] President Trump says it marks a major change in Middle East relations.

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Smoke from West Coast Wildfires Spreads Across United States

The blanket of smoke from the wildfires burning on the west coast of the United States has spread across the country. 

Some flights have been suspended out of Oregon and Washington, because of the thick smoke and haze. 

Rachel Silverman has this report on the wildfires. 


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TWO rules US tariffs on China unlawful

The World Trade Organization has ruled that US tariffs on Chinese goods violate trade laws.  


The decision from the international body vindicates China, but the United States is expected to veto the ruling.


Here's US correspondent Liling Tan with the details. 


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Report: Justice Department Opens Criminal Investigation Over Bolton Book

Federal Prosecutors have launched a criminal investigation over the publication of former U.S. national security advisor John Bolton's book, according to media reports.


The Trump administration had tried to stop publication, which is highly critical of the president, on national security grounds.


US correspondent Ira Spitzer has more.

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UAE-Bahrain-Israel signing historic agreement in DC

The United Arab Emirates and Bahrain are signing a historic agreement
with Israel to normalize relations.

The deal, brokered by the Trump administration, is being signed at the
White House.

Nick Harper reports from Washington.

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Uganda Refugee Killings

Intro;

The UN refugee agency is calling for an investigation into the death of 10 refugees in a settlement in Northern Uganda.


Police in Uganda say the death occurred after a dispute between the local community and South Sudan refugees turned violent.


Michael Baleke has more from Kampala

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--

Michael Baleke,

Managing Editor, Africa

TV Correspondent


Phone: +256 751 914 838
          michaelbaleke@gmail.com
Twitter: @mbaleke
Website: www.featurestorynews.com 
Address: Regency Apartments & Suites, Plot 30, Lugogo Bypass, Kampala. (Uganda)
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EU plans larger role in rebuilding of Moria migrant camp

The European Union has said it is open to playing a bigger role in rebuilding and running the Moria camp on the Greek island of Lesbos. 

It comes as German Chancellor Angela Merkel said she was willing to admit hundreds of refugees whose makeshift homes were destroyed in last week's fire. 

Lucy Hough has more from Brussels. 

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South Africa hits 650 000 Covid-19 cases

South Africans are into their 25th week of a coronavirus lockdown which began in March. The country’s daily rate of new infections has slowed in recent weeks, raising hopes that President Cyril Ramaphosa will soon announce a move to the country’s lowest lockdown level. Mark Roughton reports.

 

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Photo shows recovering Navalny sitting up

A photo has been shared from the Instagram account of Russian opposition activist Alexey Navalny, showing him sitting up in hospital. It comes nearly a month after he took ill in what German officials say was poisoning with a nerve agent. Julia Chapman has more.

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UK 'TESTING CRISIS'

The UK government is facing criticism that it's Covid-19 testing system is in 'crisis' following widespread reports of people struggling to get a test. 


It comes as health officials warn that hospital services are being put at risk due to a lack of tests for staff. 


Holly Hudson has more. 


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UK PAYROLLS SLUMP

New figures show companies in the UK now employ almost 700 000 fewer people than they did in March.

The Office for National Statistics says the rate of unemployment rose to 4.1% in the three months to July - due to the impact of Covid-19.

Recruitment agency boss James Reed says the figures are likely to worsen further as the government unwinds its furlough scheme.

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UK INTERNAL MARKET BILL PASSES FIRST HURDLE

Legislation which could allow the UK to breach international law now heads into a period of detailed scrutiny, after passing its first hurdle.

The Internal Market Bill was backed by MPs, 340 votes to 263.

The government says it's retaining the ability to breach the EU Withdrawal Agreement, only as 'insurance' against no trade deal being reached with Brussels.

But the legislation, which it insists must be fully passed by the end of the year, is described as 'squalid' by opposition Labour.

Conservative MP Henry Smith says he's backing it because the EU is not holding to its obligations.

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India bans onion export to curb food inflation

Intro:

The Indian government is banning the export of onions…

Hoping to curb the food inflation rate in the country.

It's worried that exporting onions could create a supply shortfall domestically.

Ishan Garg has more from New Delhi.


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Hong Kong's mass COVID-19 testing faces scrutiny

Health experts in Hong Kong are questioning the effectiveness of the government's voluntary mass COVID-19 testing scheme, which ended on Monday. 


Richard Kimber reports. 


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S. Korean chipmakers brace for blow over U.S. Huawei sanctions

U.S. sanctions against Chinese telecom giant Huawei take effect on Tuesday. South Korea chipmakers may be among the hardest hit, considering the country's robust trade relationship with China. 

Bruce Harrison reports from Seoul. 

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US Ambassador to China Terry Branstad to leave post

The US ambassador to China is stepping down before the US election in November.

Terry Branstad's departure comes at a low point in US China relations.

From Washington Jagruti Dave reports.

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Ethiopia introduces New currency


Intro

Ethiopia has introduced new currency notes.
The look of three old notes has been changed, while a new one of 200 Ethiopia n Birr, equivalent to around 5 dollars has been introduced.
The government hopes the new currency into the economy will curb financing of illegal activities as well as reduce corruption that has been on the rise in the past two years .


Coletta Wanjohi reports from Addis Ababa:


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Monday, September 14, 2020

Wildfires Heat Up Climate Talk

Devastating wildfires on the west coast of the United States are fuelling political discussion about climate change. 

While on a visit to fire-ravaged California, President Trump downplayed the role of climate change is playing in the devastation… 

Rachel Silverman has details. 


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