New York

Russian national charged with $26 mln securities fraud in US

NEW YORK, March 14. /TASS/: The US Securities and Exchange Commission has announced charges against Florida-based Russian citizen Denis Sotnikov over his alleged participation in a fraudulent scheme to lure US investors into buying fictitious Certificates of Deposit, the commission said in a statement posted on its website on Friday.

The complaint was filed in the federal court in the District of New Jersey.

US airlines ground more planes as travel crisis deepens

New York, Mar 13 (AFP/PTI) US airlines announced additional steps Friday to ground planes and curtail executive pay as they prepare for an unprecedentedly bad travel market in the near-term.

Demand for service at Delta Air Lines is "declining at an accelerated pace daily, driving an unprecedented revenue impact," Chief Executive Ed Bastian said in a letter to employees that announced the carrier will cut overall capacity by 40 per cent.

USA: Stocks roar back on hopes for government’s virus plan

NEW YORK (AP) — Wall Street roared back from its worst day in 30 years Friday with a broad rally that sent the Dow Jones Industrial Average nearly 2,000 points higher — its biggest point gain ever — after President Donald Trump declared the coronavirus pandemic a national emergency.

Indian police took part in last month’s deadly attacks against Delhi Muslims: NYT report

NEW YORK, Mar 12 (APP): An investigative report in a leading American newspaper blamed the Delhi police for siding with Hindu mobs carrying out deadly attacks against Muslim neighbourhood in the northeast of the Indian capital during the February 24-25 violence in which 50 people were killed.

In a joint dispatch, three New York Times correspondents said in the New Delhi-datelined team report that the worst sectarian bloodshed in years was in the view of many “the inevitable result of Hindu extremism that has flourished under the government of Prime Minister Narendra Modi.”

UN says Philippines diplomat is first corona virus case at world body’s HQ

UNITED NATIONS, Mar 13 (APP): A diplomat from the Philippines has tested positive for the spreading corona virus disease, the first case reported among diplomats and staff at the United Nations headquarters in New York, a UN spokesman said Friday.

Spokesman Stephane Dujarric said that the Philippine mission to the UN had informed the U.N. Medical Services of the test result earlier in the day.

UN-sponsored side events at headquarters in New York canceled

UNITED NATIONS, March 12 (Xinhua) -- UN Secretary-General Antonio Guterres, reacting to the coronavirus crisis, has cancelled all UN system-sponsored side events at headquarters in New York, but not legislative meetings such as for the General Assembly and Security Council, a UN spokesman said on Thursday.

Stephane Dujarric, spokesman for Guterres, also said the UN chief urges all 193 member states to consider cancelling all side events they are sponsoring.

Iran accuses US of `economic terrorism,′ urges sanctions end

UNITED NATIONS (AP) — Iran’s foreign minister demanded Thursday that the United States immediately halt what he called a “campaign of economic terrorism” and lift sanctions, saying they have made it increasingly difficult for the country to export oil and virtually impossible to import medicine and medical equipment, including to identify and treat coronavirus patients.

Virus testing is a ‘failing,’ leaving cases uncounted

NEW YORK (AP) — Seven weeks have passed since the first U.S. case of coronavirus was announced, and the government is failing to account for what could be thousands of additional infections because of ongoing problems with testing.

“The system is not really geared to what we need right now,” said Dr. Anthony Fauci, the top infectious disease expert at the National Institutes of Health. “That is a failing. It is a failing, let’s admit it.”

Impact of pandemic stretches from schools to world’s leaders

NEW YORK (AP) — Schools shut down across much of Europe. Gatherings were canceled or banned from California to Germany. And the coronavirus reached directly into the world’s centers of power Thursday, with politicians in Canada, Brazil, Spain and elsewhere either testing positive for the new virus or putting themselves in quarantine as fallout from the pandemic further upended daily life.

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