Friday, April 30, 2021

US March household income surges to record high, consumer spending also gained

US household income in March surged to a record high as spending improved, according to latest government data.


The increase is attributed to federal stimulus checks that sustained the economy during the pandemic and come as the country's economic recovery gains momentum.


From our New York bureau, here's Liling Tan with the details.


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FBI warned Giuliani of Russian influence campaign to discredit Biden

Donald Trump's former lawyer Rudy Giuliani was warned by the FBI that
Russia was using him to undermine the 2020 US election.

News of the 2019 warning comes after federal agents raided Giuliani's apartment.

Nick Harper reports from Washington.

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EU ACCUSES APPLE OF ANTI-COMPETITIVE BEHAVIOUR

The EU is accusing Apple of anti-competitive behaviour against rival music streaming services.

Competition commissioner Margrethe Vestager says consumers are losing out — with high commission fees for other streaming services on the App Store but not for Apple's own offering, Apple Music.

Stuart Smith report from Brussels.

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South African humanitarian organisation responds to crisis in India

US to reduce consular assistance, cut visa services in Russia

The US Embassy in Moscow said it will eliminate non-emergency consular services for Americans in Russia from next month as well as cut most visa services for the Russian citizens. The step followed Moscow's ban for "unfriendly" countries embassies to hire staff locally which could leave nearly 75% of staff of the U.S. Mission in Russia without jobs. The move comes amid a flurry of tit-for-tat diplomatic expulsions, with Washington accusing Russia of election interference. Daria Bondarchuk reports from Moscow.

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Macron lays out four-stage deconfinement plan for France

France will allow cafes, bars and restaurants to serve outside and relax a nightly curfew in an easing of lockdown measures to begin in May. 

The four-stage plan outlined by President Emmanuel Macron aims to largely reopen the country by the 9th June. 

Lucy Hough has more from Paris. 

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DRC HUMAN RIGHTS ABUSES

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A coalition of 50 nongovernmental groups in the Democratic Republic of Congo has asked the newly inaugurated government to adopt a clear strategy for holding people suspected of serious human rights abuses accountable. Chris Ocamringa has more from Kinshasa...

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UK PM's mobile phone number available online for 15 years

The British government has been embarrassed by claims that Boris Johnson's personal mobile phone number was freely available on the internet for the past 15 years.


The weekly gossip Popbitch newsletter revealed that the digits were tacked on to the bottom of a 2006 press release when he was an opposition MP, and that it remained online ever since. 


Security officials are deeply concerned about how this could have compromised the Prime Minister and left him vulnerable to cyber threats or even blackmail. 


From London, Benji Hyer reports. 


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Extended lockdown hits German economy as vaccine rollout speeds up

Germany's economy has been hit hard by prolonged lockdowns, with new analysis showing the economy shrank in the first quarter of this year. 

A fall was expected, but the size of the drop in GDP went further than analysts predicted. 

From Berlin, Trent Murray has the details. 

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DOZENS DIE AT ISRAEL RELIGIOUS GATHERING

Authorities in Israel say at least 44 people have been killed and dozens more injured, in a stampede at a religious gathering.

The crush happened at Mount Meron in the north-east of the country, where the Lag BaOmer celebrations were taking place.

Dozens more people are injured.

Prime Minister Benjamin Netanyahu has called it a "great tragedy".

Noa Shpigel is a correspondent for the Haaretz newspaper.

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Help arrives from the US in India, UK too sending oxygen plants

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Help from all over the world is starting to arrive in India.

On Friday morning, 400 oxygen cylinder and one million COVID-19 testing kits landed in India…

At a time when the healthcare system is crashing and crematoriums filling up across the nation.

Ishan Garg tells us more.

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Australia – Sydney men linked to European drug syndicate appear in court after multi million dollar drug bust

A pair of Sydney men, allegedly linked to a 2019 attempt to smuggle MDMA into Australia from the Netherlands, have appeared in court in Brisbane.


The arrests stemmed from a major joint international investigation that prevented an estimated 15 million ecstacy pills arriving in Australia.


Shaun Bindley reports from Brisbane.


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COURTESY AIR NEWS MEDIA - AUSTRALIA


South Korea's President Moon Jae-in to visit White House in May

South Korean President Moon Jae-in is to meet with US President Joe Biden at the White House on May 12th.

He will be the second foreign leader to make such a visit since Mr Biden took office.

Jagruti Dave reports from Washington.

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Hong Kong records first untraceable local COVID-19 mutation

Hong Kong's health authorities are warning of a new COVID-19 transmission risk, after recording the city's first untraceable local case of a mutated virus strain. Hundreds of people living in the residential building where the case was discovered have been sent to government quarantine centres. 

Richard Kimber reports from Hong Kong.

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Biden Pitches Spending Plan at Georgia Rally

US President Joe Biden made the case for the trillions of dollars of new funding he is proposing for infrastructure and families at a rally in Georgia.

It comes as Mr Biden marks his 100 days in office.

Our Correspondent Jagruti Dave reports from Washington.

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Thursday, April 29, 2021

Wall Street gains on strong GDP, lower jobless claims, tech earnings

Wall Street bounced back Thursday, on the back of strong first-quarter GDP, declining jobless claims, and blockbuster earnings from Facebook and Apple, 


The three benchmark indices clocked gains as the technology sector continued its winning streak, with the S&P hitting a new record high.


Here's Liling Tan with the Wall Street wrap. 


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Trump calls Giuliani probe “unfair”

Former U.S. President Donald Trump says an investigation into his
personal lawyer Rudy Giuliani is very unfair.

The FBI raided the former mayor of New York City's home and office
this week as part of an investigation into Giuliani's business ties
with Ukraine.

William Denselow reports from New York.

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Germany breaks vaccine record as BioNTech promises children's jab soon

Germany has broken its daily vaccine record - with over one million jabs administered. 

The milestone comes as German vaccine-maker, BioNTech, says it could have a children's vaccine for Covid-19 ready within weeks. 

Trent Murray reports from Berlin

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US economy grows 6.4% in first quarter

The US economy grew by 6.4% in the January to March period, the
fastest growth in four decades.

Meanwhile new unemployment claims dropped dramatically in the last
week showing signs of increased hiring.

US correspondent Nick Harper reports.

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New York aims to lift all Covid-19 restrictions by July

New York is aiming to lift all coronavirus restrictions by July 1st.

It comes more than a year after the city became the epicenter of the
Covid-19 pandemic.

Sarah Walton reports

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