Democrats and Republicans in Washington remain in the last two weeks of negotiations before the November 3 presidential election on new spending procedures to increase the US economy after the coronavirus pandemic triggered grievous damage previously in the year.
The losses came as worldwide coronavirus cases struck a brand-new high of 500 000 on Tuesday, according to a tally from health authorities compiled by AFP.
German Chancellor Angela Merkel is likewise seeking drastic new curbs, consisting of fresh shutdowns hitting leisure, sports and the food and drink sectors as she holds crisis talks with Germany’s regional leaders to halt rising coronavirus infections and save the Christmas vacation season.
Besides the coronavirus, financiers are also jittery over the US presidential election.
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