US downplays prospect of post-Brexit trade deal with UK

US Secretary of State Antony Blinken has downplayed any prospect of an imminent commerce cope with a post-Brexit Britain. In an interview with BBC radio broadcast Thursday, Blinken mentioned any deal would take “a while” and that US President Joe Biden desires to make sure any commerce settlement would profit American staff and their households. … Read more

Microsoft pledges to let European Union users keep data inside bloc

Microsoft “will transcend our present knowledge storage commitments and allow you to course of and retailer all of your knowledge within the EU,” mentioned Brad Smith, the US expertise big’s president. AP | | Posted by Harshit Sabarwal, London PUBLISHED ON MAY 06, 2021 04:42 PM IST Microsoft is pledging to let enterprise and public … Read more

Suspect held after 2 Asian American women stabbed in San Francisco

Police arrested a person who they mentioned is suspected of stabbing two Asian American girls with out warning Tuesday afternoon in San Francisco’s Mid-Market neighborhood. Officers despatched to the scene shortly earlier than 5 p.m. discovered the wounded girls, who have been taken to a hospital. There was no quick phrase on the situation of … Read more

Trade deal between EU, US would ‘make a lot of sense’: German chancellor Merkel

Merkel stated that whereas Germany had no real interest in a world divided into camps because it was within the Chilly Struggle, it was good that america, Europe’s “most necessary ally”, stood alongside Europe in rivalries with China and Russia. Reuters | | Posted by Harshit Sabarwal, Berlin PUBLISHED ON MAY 05, 2021 07:26 PM … Read more

Covid-19 in United States: Prez Biden aims to vaccinate 70% of adults by July 4

President Joe Biden set a brand new vaccination objective to ship not less than one shot to 70% of grownup People by July Fourth as he tackles the vexing drawback of successful over the “doubters” and people unmotivated to get inoculated. Demand for vaccines has dropped off markedly nationwide, with some states leaving greater than … Read more

Covid in US: Biden admin to reallocate vaccines to states with greater interest

The change away from a strict by-population allocation comes as demand for the coronavirus vaccines has dropped nationwide, however particularly precipitously in some areas, with some states turning down half or all of their weekly dose allotments. AP | | Posted by Harshit Sabarwal, Washington PUBLISHED ON MAY 04, 2021 10:20 PM IST The Biden … Read more

UN welcomes US President Joe Biden’s decision to admit more refugees this year

Filippo Grandi, UN Excessive Commissioner for Refugees, stated in an announcement: “I hope this choice will now additionally encourage different international locations to observe swimsuit, to revive or increase their resettlement commitments.” Reuters | | Posted by Harshit Sabarwal, Geneva PUBLISHED ON MAY 04, 2021 08:28 PM IST The UN refugee company on Tuesday welcomed … Read more

‘Neither yes nor no’: Top Biden aide on second term for Federal Reserve chair Jerome Powell

Jared Bernstein, a member of US President Joe Biden’s Council of Financial Advisers, stated the choice on deciding on the following Federal Reserve chief will come after a radical ‘course of’ Bloomberg | | Posted by Karan Manral PUBLISHED ON MAY 04, 2021 08:27 PM IST A senior White Home financial aide demurred on the … Read more

US trade deficit surges to record $74.4 billion in March, over 5% more than gap last month

The U.S. commerce deficit surged to a file $74.4 billion in March as an enhancing U.S. financial system drove purchases of imported international items. The deficit, the hole between what America buys from overseas and what it sells to different nations, was 5.6% larger than the February hole of $70.5 billion, the Commerce Division reported … Read more

Oil rises on US, Europe demand growth optimism

Oil costs rose on Tuesday after extra US states eased lockdowns and the European Union sought to draw travellers, serving to to offset issues over gasoline demand in India as Covid-19 instances soar. Brent crude futures have been 65 cents, or 0.96%, larger at $68.21 a barrel at 0822 GMT, after climbing 1.2% on Monday. … Read more