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.
Human rights activists in the United States are questioning Washington’s decision to push ahead with legislation that would transfer $1.3bn in military aid to Egypt, in light of recent protests calling for the fall of President Abdel Fattah el-Sisi’s government.
A British legal group has called on judicial authorities to issue an arrest warrant Egyptian President Abdel Fattah el-Sisi over his alleged role in the death of Mohamed Morsi, the country’s first democratically elected president, at a Cairo court session last year.