Thu, 22 Oct 2020

WASHINGTON -- U.S. House Speaker Nancy Pelosi on Tuesday slammed the Trump administration's response to the COVID-19 pandemic, and urged the Republicans to support the House Democrats' 3-trillion-U.S.-dollar relief bill to blunt the economic fallout.

"Republicans must accept the gravity of this crisis & vote on the science-based strategy in the #HeroesAct, which passed the House more than four months ago," Pelosi said in a tweet, referring to the 3-trillion-dollar relief bill drafted by House Democrats. (US-Relief Bill-COVID-19)

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HAVANA -- Cuban President Miguel Diaz-Canel on Tuesday condemned Washington's intensified economic blockade against the island nation.

In his video address to the 75th session of the UN General Assembly, Diaz-Canel also said that the current U.S. administration tries to discredit the Caribbean island's medical assistance as part of the global response to stem the spread of the COVID-19 pandemic worldwide. (Cuba-US-Economic Blockade)

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HARARE -- Zimbabwe on Tuesday announced a plan to set up a 1-million-U.S.-dollar plant to manufacture vehicle number plates in a move to save the country's foreign currency.

"Cabinet approved the proposal and attendant budget of 1 million U.S. dollars which will result in the establishment of a plant for the local manufacture of number plates," said Information Minister Monica Mutsvangwa, adding that the project will help citizens to access the number plates at an affordable price, which will be almost half of the current rate. (Zimbabwe-Vehicle Number Plate)

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BRASILIA -- The Central Bank of Brazil's Monetary Policy Committee (Copom) on Tuesday warned of short-term inflationary pressures on the economy, although the inflation outlook remains under control.

"Long-term inflation expectations remain anchored," according to the minutes of Copom's meeting last week, which were released on Tuesday.

However, a temporary increase in inflation is expected due to the rise in food prices and the gradual normalization of activities in the wake of the COVID-19 pandemic and lockdown, the committee said. (Brazil-Economy-Inflation)

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