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Iran sets new record for virus infections amid holiday surge

Health
Iran has shattered its daily record for new coronavirus infections for the second consecutive day, with 20,954 new cases reported on WednesdayByThe Associated PressApril 7, 2021, 10:00 AM• 1 min readTEHRAN, Iran -- Iran has shattered its daily record for new coronavirus infections for the second consecutive day, with 20,954 new cases reported on Wednesday.The country is in the midst of one of the most severe surges of the coronavirus to date, following a two-week public holiday for Nowruz, the Persian New Year, which drove millions to travel to vacation spots across the country and congregate in homes in defiance of government health guidelines.For months, Iran has struggled to curb the worst outbreak of the coronavirus in the Middle East. Wednesday's case count brought the total number of...

Banks stocks rise after hours as Fed sets date to lift buyback, dividend restrictions

Finance
In this articleJPMCWFCKBEGSFederal Reserve Jerome Powell testifies during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020.Susan Walsh | ReutersBank stocks rose in extended trading on Thursday after the Federal Reserve announced its plan for lifting restrictions on dividends and buybacks from financial companies.Shares of JPMorgan Chase rose 1%, while those for Citigroup and Wells Fargo each added 0.7%. Goldman Sachs climbed 0.5%.The Fed said it would keep its pandemic-era restrictions on banks in place until June 30. The Fed had previously said that banks could restart their buybacks and dividend hikes in the first quarter, so Thursday's announcement is a delay but does provide more clarity for investo...
Climate change: Biden’s first act sets tone for ambitious approach

Climate change: Biden’s first act sets tone for ambitious approach

Science
Getty ImagesMake no mistake, returning to the Paris climate agreement is not mere symbolism - it is an act cloaked in powerful, political significance. While re-joining the pact involves the simple signing of a letter and a 30-day wait, there could be no more profound signal of intention from this incoming administration.Coming back to Paris means the US will once again have to follow the rules.Those rules mean that sometime this year the US will need to improve on their previous commitment to cut carbon made in the French capital in 2015. This new target, possibly for 2030, and President Biden's commitment to reaching net zero emissions by 2050, will be the guide rails for the US economy and society for decades to come.Coming back to Paris really means it is no longer "America First". It ...
EU sets out plans in case Brexit trade talks fail

EU sets out plans in case Brexit trade talks fail

World
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Chinese spacecraft sets off on Moon sample quest

Chinese spacecraft sets off on Moon sample quest

Science
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