U.S. indicts Venezuelan President Nicolas Maduro for ‘narco-terrorism’

The U.S. government on Thursday indicted Venezuelan President Nicolas Maduro and more than a dozen other top Venezuelan officials on charges of ‘narco-terrorism’, the latest escalation of the Trump administration’s pressure campaign aimed at ousting the socialist leader. The State Department offered a reward of up to $15 million for information leading to the arrest… Read More U.S. indicts Venezuelan President Nicolas Maduro for ‘narco-terrorism’

U.S. Senate passes bill to aid unemployed workers, industries amid coronavirus crisis

The U.S. Senate on Wednesday unanimously backed a $2 trillion bill aimed at helping unemployed workers and industries hurt by the coronavirus epidemic, as well as providing billions of dollars to buy urgently needed medical equipment. After bitter negotiations, the deeply divided Senate came together and passed the bill by a 96-0 vote, which sent… Read More U.S. Senate passes bill to aid unemployed workers, industries amid coronavirus crisis

North Korea fires short-range ballistic missiles

North Korea fired two projectiles that appeared to be short-range ballistic missiles on Saturday, South Korea’s military said, calling the action “highly inappropriate” given the global coronavirus pandemic. The suspected missiles were fired around 6:45-50 a.m. KST into the sea off the east coast of the Korean peninsula from around Sonchon, North Pyongan province, South… Read More North Korea fires short-range ballistic missiles

U.S. government proposes free $1000 for American adults in bid to avert recession

U.S. President Donald Trump and Treasury Secretary Steven Mnuchin on Tuesday proposed mailing out checks of up to $1,000 to American adults to quickly pump hundreds of billions of dollars into the U.S. economy at a time when airlines are slashing flights and officials are shuttering restaurants, sports arenas and other public venues. Though details… Read More U.S. government proposes free $1000 for American adults in bid to avert recession

Fox set to acquire streaming firm Tubi in $440million cash deal

Fox Corp said on Tuesday it would acquire video streaming firm Tubi for about $440 million in cash and will fund the deal with the net proceeds from the sale of its stake in Roku Inc. Tubi users spend over 160 million hours a month watching content on the free, ad-supported platform, the company said.… Read More Fox set to acquire streaming firm Tubi in $440million cash deal

China withdraws accreditation of American journalists as dispute with U.S. escalates

China is withdrawing the press credentials of American journalists at three U.S. newspapers, intensifying a bitter fight between the world’s top two economies that has widened to include the coronavirus outbreak and media freedoms. Beijing announced on Wednesday what it said was retaliation against U.S. restrictions on Chinese journalists that includes revoking the accreditations of… Read More China withdraws accreditation of American journalists as dispute with U.S. escalates