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FDA okays storing Pfizer vaccines in standard freezers
- Move will allow vials to be transported and stored under more flexible conditions, says FDA official
Biden signs order to bolster critical supply chains
- 'We shouldn't have to rely on a foreign country, especially one that doesn't share our interests or values,' president says
EU sets 3-month target for introducing vaccine certificates
- EU heads of state, governments begin 2-day virtual summit to discuss vaccinations and travel restrictions
Janet Yellen becomes 1st woman to lead US Treasury Dept
- President Joe Biden now has three members of his Cabinet confirmed by Senate
Biden signs 15 orders in sweeping erasure of Trump acts
- President describes efforts as 'starting points,' saying his policy agenda is 'bold and vital'
Oil prices down on concerns over COVID-19 vaccines
- Further lockdowns in Europe and Asia erase last week’s gains, according to experts
Oil prices up over higher US pandemic relief plan
- Increase in number of coronavirus cases worldwide and tightening measures continue to raise concerns over oil demand
China: Daily COVID-19 cases top 100 mark in 5-month 1st
- Latest virus outbreak in Hebei province leads to emergency measures in affected areas in China
Biden rolls out stimulus plan, names economic team
- President-elect says 'anxiety and fear of' everyday workers remind him of economic crisis he helped lead US out of in 2009
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World Bank raises Turkey's 2020 growth projection
- Outlook for 2021 downgraded with sharp rise in new COVID-19 infections, weak tourism, tight monetary policy
Oil prices up after US okays stimulus payments
- Investors are now waiting for outcome of OPEC+ meeting on Jan. 4 when group will decide on next month’s production quota
Oil down on demand fears from spread of virus variant
-US President Donald Trump finally signs pandemic relief pack, boosting hopes for economic recovery in country
Pfizer to supply additional 100M vaccine doses to US
- Delivery expected by July 31
More than 1M get COVID vaccine in US: CDC
- At least 1,008,025 people have received vaccine; 9,465,725 doses have been distributed
24.12.2020
Americas
Canada approves Moderna virus vaccine
- At least 1.2 million doses from both Pfizer and Moderna on track to be delivered by Jan. 31, says Justin Trudeau
China’s economy to grow nearly 8% in 2021: World Bank
- World Bank however urges China to strengthen its ‘still fragile private demand’
Oil prices down over pandemic-driven demand fears
-Further fueling weak demand fears, US crude oil inventories are forecast to rise by 2.7 million barrels, API figures show
US panel recommends Moderna vaccine for emergency use
- If approved, Moderna's vaccine will be country’s second authorized COVID-19 shot
18.12.2020
General
Oil prices reach 9-month high over US stocks drop
- US commercial crude oil inventories rise by 3.1 million barrels relative to market expectation of 3.5 million-barrel fall
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New US relief bill talks to restart: Treasury chief
- Fed chair warns lack of congressional support would risk economic recovery
US weekly jobless claims top 1M
- After recording lowest figure in early August since pandemic began, tally again rises above 1M mark
28.08.2020
Americas
Russian energy minister tests positive for COVID-19
- Novak has no coronavirus symptoms, continues to perform his duties remotely
Turkish, Russian presidents discuss Libya, Eastern Med.
- Over phone, Erdogan, Putin also agree to maintain contact between Turkey, Russia on Syria via military, diplomatic channels
3M British jobs at risk if govt ends support scheme
- Official data last week said UK economy shrank 20.4%, plunging Britain into deepest recession of any G7 nation
Oil giants post $80B total loss in 1H20 due to virus
- Top 12 oil firms also see total revenue decline by $240 billion, or 37%, in first half of 2020
US gasoline supply post largest monthly rise since 1945
- Easing stay-at-home orders cause rise in gasoline use, but jet fuel demand remains low with weak commercial air travel
Trump says US economy better than Europe’s
- President touts America’s economic gains after Kamala Harris accused him of crashing economy
Russia registers world's 1st coronavirus vaccine
- Russian president says vaccine developed by Gamaleya Research Center is registered with country's Health Ministry