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The US Fed's rate cut took place as the rate of coronavirus infections outside China is accelerating, while the epidemic shows signs of easing in China. Analysts said the move may lead some other central banks to join a new round of monetary easing and global liquidity expansion.

The US actress and the queen's grandson will marry on May 19 at Windsor Castle.

The US measures came amid the tense situation in the region after Trump decided not to re-issue the sanctions waivers for major importers to continue buying Iran's oil when they expired in early May.

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The US-China Business Council, he noted, predicts that American goods and services exports to China will double to 9 billion in the next decade and rise to 0 billion by 2050.

The UN Private Sector Forum this year was hosted by Secretary-General Guterres and organized by the UN Global Compact in collaboration with other organizing partners.

The US has formed the American Belt and Road Working Group to serve as "one node" for cooperation on the initiative, according to Matthew Pottinger, a special assistant to President Donald Trump and leader of the US delegation to the forum.

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The US had more than 5.19 million confirmed cases as of Thursday afternoon, according to data from Johns Hopkins University. More than 166,000 people have died due to COVID-19 since the beginning of the pandemic.

The Ukrainian International Airlines flight was bound for Kiev. The downing of the airliner occurred about four hours after Iran had fired several rockets into Iraq, targeting US military sites in apparent retaliation for a US drone attack that killed Qassem Soleimani, a major general in the Islamic Revolutionary Guard.

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The US Federal Reserve established currency swap programs with nine central banks last week, whereby the Fed accepts other currencies in exchange for dollars, to meet the globally soaring demand for dollar and avoid liquidity crunch.

The United States has imposed tariffs on imported steel and aluminum. In September, Trump slapped 10 percent tariffs on another 0 billion worth of Chinese imports. The European Union has imposed tariffs on Kentucky-made bourbon, among other products, while China has imposed tariffs on soybeans and other US goods.