Dec 17, 2018

Saudi Arabia blasts Senate for its response to Khashoggi murder

Photo: Billal Bensalem/NurPhoto via Getty Images

Saudi Arabia’s foreign ministry condemned the Senate on Monday for its votes last week to pull U.S. support from the Saudi-led coalition in Yemen's ongoing civil war and blaming Crown Prince Mohammed bin Salman (MBS) for Jamal Khashoggi’s murder, stating the nation rejects "any attempts to undermine its sovereignty or diminish its stature."

The big picture: The Senate votes broke markedly with the official position of the Trump administration, which publicly stood behind Saudi Arabia with a controversial statement from President Trump last month despite a CIA report linking MBS to Khashoggi's death. Saudi Arabia referenced this break in its statement, saying it hopes it "is not drawn into domestic political debates in the United States of America, to avoid any ramifications on the ties between the two countries that could have significant negative impacts on this important strategic relationship."

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Coronavirus dashboard

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  1. Global: Total confirmed cases as of 5 p.m. ET: 1,331,032 — Total deaths: 73,917 — Total recoveries: 275,851Map.
  2. U.S.: Total confirmed cases as of 5 p.m. ET: 356,942 — Total deaths: 10,524 — Total recoveries: 18,999Map.
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  4. States latest: West Coast states send ventilators to New York and other states with more immediate need — Data suggest coronavirus curve may be flattening in New York, Gov. Andrew Cuomo said.
  5. World update: U.K. Prime Minister Boris Johnson moved to intensive care as coronavirus symptoms worsen.
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Stocks jump 7% despite bleak coronavirus projections

People passing by the New York Stock Exchange amid the coronavirus pandemic. Photo: John Nacion/NurPhoto via Getty Images

The S&P 500 closed up 7% on Monday, while the Dow rose more than 1,500 points.

Why it matters: The huge market surge comes amid rare optimistic signs that the spread of the coronavirus may be slowing in parts of the country, including New York. But government officials say this will be a difficult week, while economists — including former Fed chair Janet Yellen today — warn that the pandemic could have a catastrophic impact on the global economy.

Boris Johnson moved to intensive care as coronavirus symptoms worsen

Photo: Peter Summers/Getty Images

U.K. Prime Minister Boris Johnson has been taken to the intensive care unit of St. Thomas Hospital in London due to increasingly severe coronavirus symptoms.

The backdrop: Johnson was admitted to the hospital on Sunday for what Downing Street called "routine tests" because his condition had not improved 10 days after he tested positive for the virus. His condition has since "worsened," according to a statement, and Foreign Secretary Dominic Raab will step into his place "where necessary."

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