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WASHINGTON: The U.S. economy grew at a record pace in the third quarter, fueled by more than $3 trillion in pandemic relief, the government confirmed on Tuesday, but appears to have lost momentum as the year drew to an end amid raging new COVID-19 cases and dwindling fiscal stimulus.
TOKYO (Reuters) - Organisers of the Tokyo Olympics will spend $900 million on measures to stop the spread of the coronavirus at next year's Games, they said on Tuesday, as they unveiled their latest budget for the delayed tournament.
LONDON: Oil prices tumbled on Monday as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked worries about a slower recovery in fuel demand.
UK BLUE-CHIP stocks fell to a near three-week low on Monday as a fast-spreading new strain of the coronavirus prompted tougher restrictions, while a fresh ban on travellers from Britain hammered airline and oil stocks.
JAKARTA (Bloomberg): Indonesia's capital has extended its virus restrictions by another two weeks from Monday (Dec 21) to prevent any further spikes in coronavirus cases during the holiday season as infections continue to rise.
KUALA LUMPUR (Bernama): The flood situation on the east coast of the peninsula worsened with more than 9,000 residents, involving more than 3,000 families, being evacuated to relief centres as at 8am on Monday (Dec 21).
KULAI: Health and safety concerns of more than 3,000 residents of a flat here have finally been put to rest with the completion of two carparks on the site of previously abandoned spaces filled with rubbish and overgrown grass.
(Reuters) - The United States will recommend on Sunday who will be next in line to get inoculated as the distribution of the second approved coronavirus vaccine began with shipments of Moderna Inc's leaving warehouses for healthcare facilities across the country.
DETROIT/LOS ANGELES/NEW YORK (Reuters) - U.S. distribution of Moderna Inc's COVID-19 vaccine began on Saturday, with more than 3,700 sites due to start receiving and administering shots as soon as Monday, vastly widening the rollout started last week by Pfizer Inc.
WASHINGTON (Reuters) - President Donald Trump on Friday signed into law a two-day stopgap extension of existing federal funds passed by Congress to avoid a midnight government shutdown, as lawmakers negotiate a $900 billion pandemic aid bill and as part of $1.4 trillion government spending package.