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President-elect Joe Biden urged Americans to give up their traditional Thanksgiving customs during the pandemic, warning of the dangers of coronavirus “fatigue”. “This is the time when we need to strengthen our thorns, redouble our efforts and re-engage in combat,” Biden said in a Thanksgiving speech.
ExxonMobil said it would lay off up to 300 workers at its Canadian subsidiaries, including tar sands producer Imperial Oil, as it continues to cut costs following the coronavirus accident this year. “The impact of Covid-19 on demand for ExxonMobil products has increased the urgency of efficiency work,” the company said.
Turkey is in the middle of a severe resurgence of the coronavirus, the country’s health minister confirmed by announcing a full figure for new daily cases confirmed after months of opacity. Health Minister Fahrettin Koca told a press conference that authorities had identified 28,351 confirmed cases of the virus in the past 24 hours.
The UK advertising industry described the dire situation face during christmas time in a letter to the Prime Minister calling for the immediate publication of evidence of the spread of the virus in pubs. The letter was signed by the British Beer and Pub Association alongside the majority of the major UK pub groups.
New York reported Wednesday more than 6,000 cases of coronavirus in one day for the first time in seven months. Another 6,265 people have tested positive for 24 hours, Governor Andrew Cuomo revealed at a press conference, up from 4,881 on Tuesday.
United States the merchandise trade deficit has swelled last month, the recovery in domestic demand brought imports back above pre-crisis levels. The trade gap, which US President Donald Trump had promised to narrow during his four years in office, widened to $ 80.3 billion in October from $ 79.4 billion in September, said the Ministry of Commerce.
Over £ 56million has been set aside to support a 1000 loans to entrepreneurs under the start-up loan program administered by the British Business Bank, a state-owned company. The government has said £ 519million will be allocated to wider Covid-19 loan programs until 2021.
World trade increased for the fourth consecutive month in September, closing the gap from last year’s level. China’s economic rebound fueled global imports and exports. The volume of international merchandise trade rose 2.1 percent in September from August, according to a widely watched world trade monitor published by the Netherlands Bureau of Economic Policy Analysis.
Large minorities in ‘frugal’ EU countries worry about the misuse of € 750 billion in pandemic stimulus funds. The EU struck a deal on the stimulus fund in July after resistance from Austria, Denmark, the Netherlands and Sweden, who opposed the idea of allowing the Union to borrow money and distribute it as budgetary expenditure to member states.
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