US president flounders in media briefing and TV interview; France could lose control any time; Nadal withdraws from US Open. Follow all the developments
- US: Biden tells Trump to ‘step up and do your job’
- ‘We’re fighting a ghost’: six months on victories over virus remain fragile
- US: Trump on the ropes over Covid-19 figures in TV interview
2.11am BST
Stock markets in Asia Pacific are racking up some fairly hefty losses so far today because of concerns about the direction of the world economy.
You’d think those concerns might have sent the markets much lower in the past few months but massive government and central bank stimulus has so far acted as a backstop.
Along with elevated gold prices, bonds are signalling higher concern for the global growth outlook, with obvious implications for risk assets like shares.
1.53am BST
American consumers have lost close to $100m to fraudsters who are inventing new scams to prey on people already distressed by the pandemic crisis.
A report from Federal Trade Commission on Tuesday, based on government data, highlighted fraud such as fake promises of government stimulus cheques, often perpetuated through “robocalls”, texts, or emails seeking personal and financial information the caller supposedly needs to deposit benefits into the victim’s account.
Continue reading…US president flounders in media briefing and TV interview; France could lose control any time; Nadal withdraws from US Open. Follow all the developmentsUS: Biden tells Trump to ‘step up and do your job’‘We’re fighting a ghost’: six months on victories over virus remain fragileUS: Trump on the ropes over Covid-19 figures in TV interview 2.11am BSTStock markets in Asia Pacific are racking up some fairly hefty losses so far today because of concerns about the direction of the world economy.You’d think those concerns might have sent the markets much lower in the past few months but massive government and central bank stimulus has so far acted as a backstop.Along with elevated gold prices, bonds are signalling higher concern for the global growth outlook, with obvious implications for risk assets like shares. 1.53am BSTAmerican consumers have lost close to $100m to fraudsters who are inventing new scams to prey on people already distressed by the pandemic crisis.A report from Federal Trade Commission on Tuesday, based on government data, highlighted fraud such as fake promises of government stimulus cheques, often perpetuated through “robocalls”, texts, or emails seeking personal and financial information the caller supposedly needs to deposit benefits into the victim’s account. Continue reading…