Your Daily Scan of the New Global Economy

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East-Med Gas Forum evolves as Israel, Egypt enhance cooperation Israel’s Energy Minister Yuval Steinitz and six others sign the charter of the Eastern Mediterranean Gas Forum, which brings cooperation with other partners into a second, concrete phase. Posted: September 23, 2020 12:36 am
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House OKs spending bill, sending legislation to Senate just days before government set to shutdown The House approved a government spending bill Tuesday in hopes of averting a government shutdown that would rock the country in eight days in the midst of a global pandemic. Posted: September 23, 2020 12:30 am
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Curious to know if Bitcoin is here to stay ? Read the latest developments from the cryptocurrency space, breaking news and analysis on Bitcoin and blockchain on RTTNews. Know more about altcoins, mining, ICOs, warnings and regulation. Find out how to acquire and trade digital currencies. Posted: September 23, 2020 12:30 am
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State fines Bay Area nursing homes, hospitals for COVID-19 workplace violations Nursing homes in the South Bay and East Bay along with Santa Clara Valley Medical Center were issued fines on Tuesday for failing to protect workers from COVID-19 exposure, said the state agency which oversees workplace safety. Cal/OSHA issued the largest penalty against the...
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Top Small-Cap Fund Shuns Cyclical Shares as Australia Reopens (Bloomberg) — An outperforming Australian small-cap fund is avoiding shares tied to the nation’s economic revival, cautious of how the recovery might play out.Perennial Value Management Ltd.’s Andrew Smith said he’s maintained a defensive slant in his micro-cap fund since the coronavirus-induced March swoon, as he...
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Where Was the Battery at Tesla’s Battery Day? Musk made some big promises at Tesla’s highly anticipated Battery Day. But a prototype never made an appearance, and it was unclear what Tesla had actually achieved. Posted: September 23, 2020 12:24 am
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House Passes Stopgap Funding Measure to Keep Government Open (Bloomberg) — The U.S. House passed a stopgap funding bill to keep the government operating through Dec. 11 after both parties in Congress and officials at the White House struck a deal to provide aid to farmers and food assistance for low-income families.The 359-57 vote on...
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A $50 Phone is Ambani's Weapon to Dominate India Telecom Market (Bloomberg) — Reliance Industries Ltd. has asked local suppliers to ramp up production capacity in India so they can make as many as 200 million smartphones over the next two years, according to people familiar with the matter, a potentially enormous boost for the...
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INVESTOR ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Portland General Electric Company and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES, CA / ACCESSWIRE / September 22, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the...
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Contra Costa extends rent increase, eviction moratorium for tenants CONTRA COSTA COUNTY — Renters in the county will have a few more months of protection from certain evictions and rent increases after the Board of Supervisors on Tuesday voted unanimously to extend a temporary ordinance prohibiting them until the end of January 2021. The ordinance,...
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