China Economy Grows In 2020 As Rebound From Virus Gains Via AP News: China eked out 2.3% economic growth in 2020, likely becoming the only major economy to expand as shops and factories reopened relatively early from a shutdown to fight the coronavirus while the United States, Japan and Europe struggled with rising infections. Growth in the three months ending in December rose to 6.5% over a year earlier as […]
Oil Steady As Chinese Data Offsets Coronavirus Fears Via Reuters: Oil prices held steady on Monday as a better than expected quarterly rebound for China’s economy countered fears over soaring COVID-19 cases around the world and tight restrictions that could dent economic growth and fuel consumption. Brent crude gained 3 cents, or 0.1%, at $55.13 a barrel by 0938 GMT while U.S. oil was up 2 cents, or less than […]
Trump Directs Government To Minimize Procurement From China Via Reuters: In another action against China days before he leaves office, U.S. President Donald Trump on Friday directed government departments to look at ways to minimize procurement of Chinese goods and services to reduce the risks from espionage, his national security adviser said. In a statement, Robert O’Brien accused China of targeting the information systems of the U.S. government for personnel […]
Biden Unveils Plan To Pump $1.9 Trillion Into Pandemic-Hit Economy Via Reuters: President-elect Joe Biden outlined a $1.9 trillion stimulus package proposal on Thursday, saying bold investment was needed to jump-start the economy and accelerate the distribution of vaccines to bring the coronavirus under control. Biden campaigned last year on a promise to take the pandemic more seriously than President Donald Trump, and the package aims to put that pledge […]
Dollar Buoyed As Treasury Yields Stabilise Via Reuters: Stabilising U.S. Treasury yields helped the dollar trade back in positive teritory on Wednesday, though investors remained bearish on the currency’s near-term prospects. Benchmark 10-year Treasury yields fell more than 6 basis points from a 10-month high hit on Tuesday, briefly snuffing out a three-day winning streak for the dollar. They last traded 2 basis points lower at 1.12%, helping the currency […]
Volkswagen Recalls 56,000 Golf Models For Software Update Via Reuters: Volkswagen will recall 56,000 of its bestselling Golf models to fix software problems that affect the infotainment system and reversing camera, the German company said on Tuesday. The fix affects vehicles of the most recent Golf 8 series that were made until July 2020, a spokesman said. He added the recall was not mandatory but was a “voluntary service measure”. […]
US Safety Agency Rejects Petition To Recall Tesla Vehicles Via AP News: The U.S. government’s auto safety agency has rejected a request to investigate unintended acceleration in Tesla electric vehicles, saying the acceleration was caused by drivers pushing the wrong pedal. Brian Sparks of California, petitioned the National Highway Traffic Safety Administration in December of 2019 asking for an investigation. At the time the government had 127 owner complaints including […]
Corporations Suspend Donations To U.S. Lawmakers Who Voted Against Biden Certification Via Reuters: Marriott International Inc, the world’s largest hotel company, and the Blue Cross Blue Shield Association (BCBSA) said Sunday they will suspend donations to U.S. lawmakers who voted last week against certifying President-elect Joe Biden’s victory. “We have taken the destructive events at the Capitol to undermine a legitimate and fair election into consideration and will be pausing […]
Boeing Will Pay $2.5 Billion To Settle Charge Over 737 Max Via AP News: Boeing will pay $2.5 billion to settle a Justice Department investigation and admit that employees misled regulators about the safety of its 737 Max aircraft, which suffered two deadly crashes shortly after entering airline service. The government and the company said Thursday that the settlement includes money for the crash victims’ families, airline customers and a […]
Morning Drive is still the most listened to part of the radio broadcast day and The CRUSADE Channel now gives you an extra 70 minutes of original, Morning Drive, great talk-radio content! Hosted by the now seasoned radio presenter Fiorella Nash (5 Minute Mysteries, The Fiorella Files), The Early Show is a 70 minute long, fast paced conversation with regular guests Joe Clovis of Walsingham U.K., Emmett Dooley of Ireland, Irish born ETWN announcer KV Turley and Sarah Taylor of the U.K.
close
