CNN — When Fiona slammed into Canada’s eastern seaboard with hurricane-force winds and torrential rainfall Saturday, it pulled buildings into the ocean, collapsed homes, toppled trees and knocked out power for hundreds of thousands of people. Fiona – which wreaked havoc in the Caribbean as a hurricane before moving up the Atlantic and making landfall … Read more
CNN — Hurricane-strength Fiona is ripping through Canada’s eastern seaboard after making landfall in Nova Scotia early Saturday, slamming the area with fierce rain and damaging winds and knocking out power for hundreds of thousands in what could be a “landmark” weather event for the country. Fiona, now a post-tropical cyclone, had maximum sustained winds … Read more
This is the weekly edition of CNN’s coronavirus newsletter. Look out for your roundup every Wednesday. If you haven’t subscribed yet, sign up here. CNN — US President Joe Biden said he believes the Covid-19 pandemic is “over,” even as the country continues to see around 400 deaths a day. In a Sunday interview on … Read more
CNN — President Joe Biden vowed to voters he would always give it to them straight. But his blunt talk keeps getting him into trouble. Biden is on a streak of talking “straight from the shoulder,” as he once said, on Taiwan, the pandemic, ex-President Donald Trump’s extreme MAGA supporters and whether Vladimir Putin should … Read more
Washington CNN — A Republican county official in Georgia and operatives working with an attorney for former President Donald Trump spent hours inside a restricted area of the local elections office on the day voting systems there were breached, newly obtained surveillance video shows. The video reveals for the first time what happened inside the … Read more
CNN — Florida Gov. Ron DeSantis, speaking in Kansas on Sunday, gave every indication he intends to capitalize on the latest wave of attention that has followed from him sending migrants to Massachusetts last week. “This is a crisis. It’s now getting a little bit more attention,” DeSantis said, earning a standing ovation as he … Read more
Hong Kong/London CNN Business — Markets steadied early Wednesday after US stocks logged their worst day since June 2020, plunging on news that inflation in August was higher than expected. Shares in Europe were mixed. Germany’s DAX (DAX) dropped 0.2% in early trading, while France’s CAC 40 (CAC40) was flat. The FTSE 100 (UKX) in … Read more
The Federal Reserve now owns about a third of both the Treasury and mortgage-backed-securities markets as a result of its emergency asset-buying to prop up the US economy during the Covid-19 pandemic. Two years of so-called quantitative easing doubled the central bank’s balance sheet to $9 trillion, equivalent to roughly 40% of the nation’s gross … Read more
In Europe, fears of a potentially deep recession continue to take hold. Meanwhile, these fears seem to have subsided in North America—at least in the oil industry. Instead, it’s back to growth mode for the shale patch and the oil sands. This is according to Schlumberger, whose chief executive said this week that activity in … Read more
CNN — The 10 victims of the mass stabbing in Canada on Sunday range in age from 23 to 78 years old and all but one are from the Indigenous community of James Smith Cree Nation, according to authorities. The Saskatchewan Coroner’s Service and Saskatchewan Royal Canadian Mounted Police provided names and ages of the … Read more
