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Added on the 05/06/2019 10:11:36 - Copyright : Wochit
Despite US President Donald Trump's vocal push for a new COVID-19 stimulus package, it appears unlikely that one will come before Election Day. On Tuesday, Business Insider reports Trump signaled he wanted an ever-larger deal than the $2.2 trillion bill proposed by House Democrats. But according to Business Insider, Senate Republicans are skeptical that anything is going to happen anytime soon. It's getting to be toward the last minute. And the clock keeps ticking away. And I'm not optimistic about us doing anything. Sen. Richard Shelby (R-AL)Chairman, Senate Appropriations Committee Furthermore, Senate Majority Leader Mitch McConnell has pushed for a far slimmer package than Democrats and the president. The GOP has prioritized Supreme Court Justice confirmation hearings for Judge Amy Coney Barrett over economic relief for Americans. But on Tuesday, Trump phoned in to 'Fox and Friends' to say he wants a stimulus program even larger than the Democrats' proposed $2.2 trillion package.
The Emirati head of the COP28 climate talks says that there is still "a lot to do" for countries to finalise an agreement on fossil fuels after he proposed a draft deal. COP28 president Sultan Al Jaber had released a document that omits calls for a phase-out of fossil fuels and instead proposes "reducing" their consumption and production in order to reach net-zero emissions by 2050. "We have made progress but we still have a lot to do," Jaber tells a plenary session of the UN climate talks in Dubai. SOUNDBITE
Wearing white laboratory coat and hair net, French President Emmanuel Macron tours the production site in Chartres, southwest of Paris, of Novo Nordisk . In a deal to be sealed officially with Macron today, Danish pharmaceutical giant Novo Nordisk will invest 2.1 billion euros ($2.3 billion) in this existing facility to expand capacity for a blockbuster anti-obesity drug. Novo Nordisk is the European Union's most valuable company with market capitalisation of around $460 billion, mostly thanks to growing use of its anti-diabetes drugs as weight-loss derivatives. IMAGES
Mexican President Andres Manuel Lopez Obrador is on his way to Acapulco with an official convoy heading for the Pacific beach resort of Acapulco, after a powerful hurricane left a trail of destruction and tourists stranded. IMAGES
Colombia's President Gustavo Petro welcomes Mexican President Andres Manuel Lopez Obrador in the Colombian city of Cali, to discuss security and integration issues, prior to the Latin American and Caribbean Conference on Drugs. IMAGES
Supporters of Mexican President Andres Manuel Lopez Obrador take to the streets of Mexico City to commemorate the left-wing populist's fourth year in office. IMAGES