Here is the list of news you need to catch up for today:
- The latest updates on 2020 USA elections
- Saudi Arabia’s decision to cut oil prices to Asia
- Covid-19 cases continue to keep rising all around the world as the U.S recently reported over 100,000 new cases in a single day
The Latest Updates on 2020 USA Elections
The people of the USA went to the polls to elect the 46th president of the country; votes are being counted; and now breaking news about the results are closely followed by everyone all around the world. The announcement of the US election results is eagerly awaited. There is an exciting rivalry between Trump and Joe Biden. For the time being, the results that are expected from Nevada and Pennsylvania are highly critical.
Below we have listed the states won by each candidate:
States won by Trump: Idaho (4), Montana (3), Wyoming (3), Utah (6), North Dakota (3), South Dakota (3), Nebraska (5), Iowa (6), Kansas (6), Missouri (10), Oklahoma (7), Texas (38), Arkansas (6), Louisiana (8), Mississippi (6), Alabama (9), Florida (29), South Carolina (9), West Virginia (9), Kentucky (8), Indiana (11), Tennessee (11). Total – 213 Votes.
States won by Biden: Washington (12), Oregon (7), California (55), New Mexico (5), Colorado (9), Minnesota (10), Illinois (20), Wisconsin (10), Michigan (16), Maine (4), Vermont (3), New Hampshire (4), Massachusetts (11), New York (29), Connecticut (7), Rhode Island (4), New Jersey (14), Maryland (10), Delaware (3), District of Columbia (3), Virginia (13). Total – 253 Votes.
States with continuing counting:
- North Carolina (15 delegates): Biden: 48.69% / Trump: 50.09% / 94 percent of the votes counted.
- Arizona (11 delegates): Biden: 50.1%/ Trump: 48.5%/ 90 percent of the votes counted.
- Georgia (16 delegates): Biden: 49.36% / Trump: 49.4% / 99 percent of the votes counted.
- Pennsylvania (20 delegates): Biden: 49.29% / Trump: 49.56% / 95 percent of the votes counted.
- Nevada (6 delegates): Biden: 49.43% / Trump: 48.5% / 84 percent of the votes counted.
- Alaska (3 delegates): Biden: 33% / Trump: 62.9% / 56 percent of the votes counted
“Stop the Count”, Trump tweets as Biden gets closer to the victory
As the critical vote count continues in the US elections, tweets continue to come from President Donald Trump one after the other. In his last post, Trump said, “If the vote count is done legally, I can easily win the US presidency. Observers are not allowed in any way and are not allowed to do their work. These votes should not be considered legal. The Supreme Court must decide.”
Trump, who made a live statement in the morning at local time while the election results continued to come, drew attention to the interruption in the announcement of the results and accused the Democrats of “stealing votes”.
“Democrats know that they cannot win these elections. This is a shame for our country. We were going to win these elections, and we did.” had used the expression.
Saudi Arabia’s Decision to Cut Oil Prices to Asia
The world’s top oil exporter, Saudi Arabia reduced its official oil selling price to its key market Asia, as a resurgence in the coronavirus clouds the outlook for energy markets.
Saudi state oil giant Aramco cut on Thursday its official selling price (OSP) for the Arab Light crude to Asia, its largest regional market, by $0.10 a barrel to a $0.50 discount to the benchmark.
Markets have been extremely concerned about near-term oil demand since early October, as the second COVID-19 wave threatens to unravel the recovery from the second-quarter slump in Europe and the United States, and in parts of Asia.
OPEC Secretary-General Mohammad Barkindo mentioned that: ‘’ Oil dropped around 10% last week as European nations including Germany and France announced new lockdowns and daily virus cases hit a record in the U.S. While crude has since recovered most of those losses, the market continues to face headwinds’’.
He also added that: ‘’ Global economic and oil demand recovery was still anemic, while the return of lockdowns in major economies in Europe—including France, Germany, and the UK—sent the Brent price below $40 a barrel last week. ‘’
Instead of easing the supply cuts at the beginning of January, as originally expected, OPEC is considering keeping demand at current levels until 2021. Even Armaco’s Al- Buainain doubts that the world needs more oil, with European lockdowns and refinery profits declining.
U.S. Reports 100,000 Cases in a Day for the First Time
The United States on Wednesday recorded over 100,000 new coronavirus cases in a single day for the first time since the pandemic began. The total count of new infections on Wednesday was more than 107,800, according to a New York Times database.
According to data collected by Johns Hopkins University and Bloomberg, the U.S. became the first nation to top 100,000 cases in one day. Illinois, Ohio, Michigan and Indiana were among the states on Thursday reporting record infections with Covid-19.
An analyst from Height Capital Markets predicted that if infections proceed at the current rate, U.S. hospitals might exceed capacity and cause lockdowns before the Thanksgiving holiday.
In Europe, the U.K. put Denmark on its quarantine list following an outbreak of a rare mutation in the Nordic country’s mink farms. According to the government, the mutated form of the virus has been passed back to humans. Denmark has been removed from the British government’s list of travel corridors. Now, travelers arriving in the UK from Denmark after 4am on Friday must self-isolate for 14 days.
Meanwhile, Russia broke 20,000 new cases in a day for the first time, straining hospitals’ capacity in certain regions.
In Asia, Japan recorded over a thousand Covid-19 infections in a single day for the first time since August 21, according to Japan’s Health Ministry.
South Korea reported 145 new coronavirus cases in 24 hours, the biggest gain in two weeks.
China is suspending entry for most foreign passport holders who come from the UK, reacting to a new rise of Covid – 19 cases in the United Kingdom.