Tuesday, 20 Oct 2020

Oil Prices Fall Amid Virus Surge

Ivanka Trump’s Tree-Planting Boast Is Chopped Down By Angry Twitter Users

Critics on Twitter accused Ivanka Trump of greenwashing her father’s anti-environment administration after she expressed her support for a global conservation initiative.

Donald Trump’s daughter and adviser tweeted Thursday she was “proud to support” the president’s signing of an executive order forming the United States One Trillion Trees Interagency Council as part of the World Economic Forum’s project to plant 1 trillion trees worldwide by 2030.

The issue of whether the mass planting of trees actually benefits the environment notwithstanding, Ivanka Trump was fiercely criticized for the Trump White House’s attack on green issues. The president has embraced fossil fuels and has pursued an anti-environment agenda, rolling back dozens of rules aimed at protecting natural resources.

Other detractors were skeptical about the timing of the announcement ― less than a month before the 2020 election ― and suggested it was only a cynical ploy to appeal to voters concerned about the environment.

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Princess Beatrice posts rare message a she opens up over ‘new chapter’

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In a rare tweet Princess Beatrice wrote: “Thank you to everyone who has sent in and tweeted their best wishes for our special day in July.

“Edo and I are so excited to embark on this new chapter together.”

More to follow.

Navistar Issues Its Response To Letter From TRATON – Quick Facts

Navistar International Corp. (NAV) said the company’s Board of Directors confirmed that it would be prepared to move forward with a transaction in which TRATON would acquire Navistar for $44.50 per share in cash. The company’s Board said an offer of $44.50 per share has the support of Navistar’s two largest shareholders.

Navistar’s Board of Directors asked TRATON to confirm that a price of $44.50 per share is a basis for finalization of definitive agreements.

Four Women Share their Stories of Hardship and Survival in Sierra Leone

In the West African nation of Sierra Leone, one in 10 women die during childbirth. Healthcare systems are fragile – further strained by Ebola and now COVID-19 – and access to basic treatment is often limited. The journeys that pregnant women take to reach healthcare provision can be long and traumatic. In this comic series, four women share their stories of hardship and survival in a country where falling pregnant means risking death.

EU Expects Brexit Talks to Continue With UK Next Week: Official

The European Union expects Brexit negotiations to continue with the U.K. next week, according to an official familiar with the talks.

The bloc’s negotiating team did not interpret Prime Minsiter Boris Johnson’s statement on Friday as an indication that they were leaving the talks, said the official, who asked not to be identified because discussions are private.

CANADA STOCKS-TSX inches up at open on vaccine hopes

Oct 16 (Reuters) – Canada’s main stock index inched up on Friday as optimism over progress in a possible COVID-19 vaccine offset concerns over rising global infections and signs of a stalling economic recovery.

* At 9:30 a.m. ET (1330 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 27.03 points, or 0.16%, at 16,528.06.

Google's newest features help pinpoint nearest voting locations

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Alphabet Inc’s Google said on Friday it was introducing new features across its search engine, Maps and voice assistant to help voters in the United States find their nearest voting locations.

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Details on in-person voting or returning mail-in ballots can be found under searches with “early voting locations” or “ballot drop boxes near me,” Google said in a blog post, adding the data was pulled from a joint project between state election officials and non-partisan, non-profit civic group Democracy Works.

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Google said its voice assistant would also share details on where to vote nearby, if prompted with the question, while Google Maps would provide directions and voting hours for the locations.

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Oil Prices Fall Amid Virus Surge

Oil prices fell about 1 percent on Friday as virus worries lingered and investors awaited more clarity on OPEC production stance.

Benchmark Brent crude for December delivery dropped over 1 percent to $42.72 a barrel, while U.S. West Texas Intermediate (WTI) crude futures for November delivery were down 0.9 percent at $40.60.

The governments of European countries are each responding in their own way to the second wave of coronavirus.

London will enter a tighter Covid-19 lockdown from midnight today, while a nighttime curfew will take effect in some French cities starting Saturday.

The daily rise in infections surged past 7,000 for the first time ever in Germany, smashing the previous record set just the day before.

Despite lingering concerns over demand recovery, OPEC and its allies plan to taper the ongoing oil production cuts as of January 2021, as initially agreed.

Keeping market stability is the top priority of the OPEC+ agreement, but “We have no illusions this recovery will take a long time,” OPEC’s Secretary General Mohammad Barkindo said on the Energy Intelligence Forum on Thursday.

There is an OPEC+ meeting scheduled for Nov. 30 to Dec. 1 to set policy.

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