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Gold rises on renewed US stimulus hope, dollar falls

House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin. Senate Majority Leader Mitch McConnell said his chamber would take up a comprehensive coronavirus package if an accord is struck. The Bloomberg Dollar Spot Index headed for the third straight decline.
China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app.

TikTok owner seeking $60 billion valuation in US deal

China’s ByteDance Ltd. is seeking a valuation of $60 billion for TikTok as Oracle Corp. and Walmart Inc. take stakes in the short-video app’s business to address U.S. security concerns, according to a person familiar with the matter.
The Joe Biden campaign is taking over a popular Instagram account from a teen supporter, who built a huge following over their summer break.

Joe Biden campaign enlists teen’s Instagram account for online organizing

The Joe Biden campaign is taking over a popular Instagram account from a teen supporter, who built a huge following over their summer break. Formerly a fan account, @VoteJoe account will now serve as the campaign’s primary point of grassroots outreach on Instagram, supplementing Biden’s personal account.
South African president Cyril Ramaphosa has declared a national state of disaster as he announced a range of extraordinary measures to contain the coronavirus outbreak that has infected 61 people so far.

South Africa seeks to curb gender-based violence

President Cyril Ramaphosa has termed them as the “most far-reaching legislative overhaul in the fight against gender-based violence and femicide”.
Flames rise from a street after a liquid had been spread and lit, during protests in Portland.

Tear gas, fire bombs as police declare Portland protest a ‘riot’

Police arrested dozens of people and used tear gas against hundreds of demonstrators in Portland late Saturday as the western US city marked 100 days since Black Lives Matter protests erupted against racism and police brutality.
US Secretary of State Mike Pompeo charged Thursday that China may have known of the new coronavirus as early as November, renewing accusations that Beijing has not been transparent and again drawing ire from China.

U.S. restricts Chinese diplomats from cultural events

The United States Government has imposed restrictions on senior Chinese diplomats, regarding their engagement in cultural and university events in the country.
Swiss Health Minister, Alain Berset, however, warned that the situation could get out of control.

Switzerland records highest daily increase in virus cases since April

The Swiss Office of Public Health, on Wednesday, reported 383 new cases of the coronavirus within 24 hours, the highest daily tally since the peak of the outbreak in April.
President Donald Trump on Monday postponed the Group of Seven (G7) meeting until after the United States election in November, after a previous delay due to COVID-19 concerns, CNN reported.

Donald Trump postpones G7 Summit until after US election

President Donald Trump on Monday postponed the Group of Seven (G7) meeting until after the United States election in November, after a previous delay due to COVID-19 concerns, CNN reported.
U.S. President Donald Trump on Thursday raised the possibility of delaying the nation’s Nov. 3 presidential election despite its date being enshrined in the U.S. Constitution, drawing immediate objections from Democrats.

Media will be barred from US Republican convention – reports

Media will be barred from the Republican National Convention in North Carolina later this month, US news outlets reported, when President Donald Trump will formally receive his party’s nomination.
The United Kingdom (UK) has the highest coronavirus death rate in Europe, new data has revealed.

US records 1,568 coronavirus deaths in 24 hours

The United States recorded 1,568 coronavirus deaths in the past 24 hours, bringing the total to 78,746, according to the latest real-time tally reported by Johns Hopkins University at 8:30 pm Saturday (0030 GMT Sunday).
FILE - This Dec. 13, 2019 file photo shows former President Barack Obama speaking at the Gathering of Rising Leaders in the Asia Pacific, organized by the Obama Foundation in Kuala Lumpur, Malaysia. Obama will deliver a televised prime-time commencement address for the Class of 2020 during an hour-long event that will also feature LeBron James, Malala Yousafzai and Ben Platt, among others. ABC, CBS, FOX, and NBC will simultaneously air the special May 16 at 8 p.m. Eastern, along with more than 20 other broadcast and digital streaming partners, according to the announcement Tuesday from organizers. (AP Photo/Vincent Thian, File)

Barack Obama blasts Donald Trump in leaked virtual call with ex-staff

Former President Barack Obama described President Donald Trump’s handling of the coronavirus pandemic as “chaotic” in a conference call with former members of his administration.
Pfizer Inc. and BioNTech SE announced on Wednesday, May 6, 2020, that the first participants have been dosed in the U.S in the Phase 1-2 clinical trial for the BNT162 vaccine program to prevent COVID-19.

Pfizer, BioNTech dose U.S first participants of trial coronavirus vaccine

Pfizer Inc. and BioNTech SE announced on Wednesday, May 6, 2020, that the first participants have been dosed in the U.S in the Phase 1/2 clinical trial for the BNT162 vaccine program to prevent COVID-19. The trial is part of a global development program, and the dosing of the first cohort in Germany was completed last week.
US President Donald Trump speaks during the daily briefing on the novel coronavirus, which causes COVID-19, in the Brady Briefing Room of the White House on April 17, 2020, in Washington, DC. (AFP-Jim Watson)

33 million Americans rendered jobless by coronavirus pandemic

3.2 million Americans applied for unemployment benefits last week as the coronavirus crisis sidelined 33 million workers in less than two months, the feds said Thursday.
A deadly giant insect known as the “murder hornet” has been spotted for the first time in the United States, prompting fears it could decimate the honeybee population and creating a buzz on social media.

Asian giant hornets spotted for first time in US

A deadly giant insect known as the “murder hornet” has been spotted for the first time in the United States, prompting fears it could decimate the honeybee population and creating a buzz on social media.
President Donald Trump speaks April 4 during a coronavirus task force briefing at the White House. Patrick Semansky-AP Photo

Donald Trump admits US reopening will cost more lives

President Donald Trump conceded Tuesday that more Americans will die in reopening the US economy but underlined his insistence on a dwindling coronavirus threat by refusing to wear a mask, even as he toured a mask-making factory.
US President Donald Trump has fired a fresh salvo at the World Health Organization, accusing its chief of siding with China and “politicising” the coronavirus pandemic while repeating his threat to freeze the UN agency’s funding.

US borrows $3 trillion as coronavirus bites harder

The U.S. Treasury announced its borrowing will reach a record $3 trillion in the current quarter, as the coronavirus batters the economy and government spending increased, including through massive stimulus programmes.
The worldwide death toll from the new coronavirus has surpassed 100,000 amid about 1.6 million cases and more than 368,000 recoveries, according to the Johns Hopkins University tally.

Global coronavirus deaths top 170 000

The coronavirus pandemic has killed more than 170 000 people globally, close to two-thirds of them in hardest-hit Europe, according to an AFP tally on Tuesday at 09:35 (GMT).
The Copa América has been suspended, Conmebol have confirmed on Tuesday.

Copa América moved to 2021

The Copa América has been suspended, Conmebol have confirmed on Tuesday.

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Nollywood actress, Genevieve Nnaji, has enjoined the Feminist Coalition not to stop receiving donations supporting the #EndSARS protesters.

#EndSARS: Nollywood actress urges Feminist Coalition not to stop accepting donations

Recall that the group, which has been providing administrative support and fundraising for the group had said it would no longer accept donations for the campaign, which seeks an end to police brutality and the disbandment of the police’s tactical special units – SARS and SWAT. Their decision followed President Buhari’s Thursday night’s national broadcast which asked protesters to get off the streets as violence and anarchy reigned.
Veteran Nollywood actress, Omotola Jalade-Ekeinde, has asked families who lost their relatives during the Lekki tollgate incident to speak up.

#EndSARS: Let those who lost relatives at Lekki toll plaza speak up – Omotola

Veteran Nollywood actress, Omotola Jalade-Ekeinde, has asked families who lost their relatives during the Lekki tollgate incident to speak up.
Gov. Ben Ayade of Cross River has directed applicants for the 8,000 automatic jobs to enlist through their respective village heads.

#EndSARS: Cross River governor declares 24-hour curfew

According to a statement signed by the Special Adviser Media and Publicity to the governor, Christian Ita, the curfew followed “the hijacking of the peaceful protest against police brutality in the state by hoodlums.”

Joe Okei-Odumakin urges government to address citizens’ grievances

Dr Joe Okei-Odumakin, President, Women Arise and Centre for Change, on Friday urged all tiers of government to urgently implement policies that would address the grievances of citizens.
Leftist leader Luis Arce has won a smashing victory in Bolivia’s presidential election, a final official vote count released on Friday shows, providing vindication for the Movement Towards Socialism (MAS) party of overthrown President Evo Morales.

Luis Arce secures big victory in Bolivia election

The result, which was a vindication to Evo Morales’s MAS party, also gave majorities in both houses of Congress.