Daily Archives: October 16, 2020

US Deficit Balloons to More Than $3.1 Trillion

Massive pandemic-related government spending and a drop in tax revenue caused the U.S. budget deficit to balloon to more than $3.1 trillion in fiscal 2020, triple the deficit of 2019.The deficit was more than double the record of $1.4 trillion set duri…

WHO Warns of COVID-19 Spikes in Europe, Americas

Daily cases of COVID-19 have reached record highs around the world, particularly in Europe and the Americas, the World Health Organization said Friday.WHO Director-General Tedros Adhanom Ghebreyesus said during a briefing in Geneva that record-high num…