Oil Prices Plunge after Producers’ Meeting DelayedOil prices fell as much as $3 a barrel in early Asian trading on Monday, after Saudi Arabia and Russia postponed to Thursday a meeting about a potential pact to cut production.
Brent crude traded lower by $2.39 a barrel, or 7 per cent, by 6:16 p.m. EDT (10:16 GMT) after earlier touching a session low of $30.03 a barrel.
Covid-19 Cases Pass 1,2 M, Over 65,000 KilledMore than 1,200,000 people are infected with the novel coronavirus and more than 65,600 others have died of the disease caused by it around the world, according to www.worldometers.info.
US COVID-19 Death Rise by 1,000 in Single DayThe US death toll from Covid-19 rose by 1,000 in a single day for the first time, making the Trump administration to join local officials in advising Americans to wear masks when venturing out during the still-exploding coronavirus pandemic.
North Korea’s leader Kim Jong-un said the test launch of “new-type tactical guided missiles” was carried out as a warning to the US and South Korea, which resumed military maneuvers amid Pyongyang’s warnings that the war games would jeopardize peace negotiations.
Pyongyang reportedly has fired two missiles into the sea off its eastern coast, shortly after North Korean leader Kim Jong-un rejected any further talks with South Korea over a recent joint military exercise with the US.
North Korea has fired two “suspected short-range ballistic missiles off toward the ocean off its eastern coast on Saturday in the latest in a series of launches by Pyongyang amid the gridlocked nuclear talks with the US.
North Korea performed anther test at its long-range rocket launch site in order to boost “the reliable nuclear deterrent,” just days ahead of a year-end deadline set by North Korea to revive denuclearization talks with the US.
The US has dismissed an end-of-year deadline set by North Korea to stop hostilities and make concessions to revive the stalled diplomatic process, urging Pyongyang to immediately return to the negotiating table on denuclearization.