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Alberta sees highest daily COVID-19 cases since mid-May, nearly double daily average in June – Edmonton Journal

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While anyone can fall ill, older people and those who have underlying conditions like diabetes or heart disease are more at risk of becoming severely sick.

“Albertans have faced COVID-19 as they do any other obstacle — head-on, with grit and determination. Our government will continue providing unprecedented support for vulnerable groups, but we need everyone to act responsibly and encourage others to do the same. Simple actions save lives, so let’s all keep doing our part,” Premier Jason Kenney said in a Saturday news release.

Health Minister Tyler Shandro said COVID-19 is still a risk in Alberta, and the province is putting supports in place to protect vulnerable people, like those living in long-term care facilities.

Health Canada has confirmed 102,794 cases of the disease and 8,508 people have died across the country as of Saturday. Globally, the World Health Organization has reported 491,128 deaths and 9,653,048 confirmed cases.

lboothby@postmedia.com

@laurby

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Is Facebook losing the boycott battle? – BBC News

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As an advertising boycott of Facebook continues to grow, Mark Zuckerberg shows no sign of backing down.

The campaign, involving some of the world’s biggest companies, calls on Facebook to do more about hate speech and misinformation.

Facebook boss Mr Zuckerberg says he thinks the brands will be back “soon enough” and that Facebook’s policies won’t change. It’s a story that cuts to the heart of how the internet interacts with democracy, freedom of speech, business and how we define truth and hate.

In the latest of his weekly reports, this is Ros Atkins on Facebook and the boycott.

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Japan to US: Extradite men accused of helping ex-Nissan boss flee – Aljazeera.com

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Japan has formally asked the United States to extradite a former Green Beret and his son, who are accused of helping former Nissan Motor Co boss Carlos Ghosn flee the country while he was awaiting trial on financial charges.

Japan submitted a request to the US Department of State to extradite Michael Taylor and his son, Peter Taylor, after they were provisionally arrested in Massachusetts in May, the US Department of Justice said in a court filing on Thursday.

Attorneys for the Taylors did not immediately respond to requests by Reuters for comment. Their lawyers have argued that they have not been charged in Japan with an offense for which extradition is possible under the US-Japan treaty.

The Japanese embassy in Washington and the Department of Justice did not respond to requests for comment.

The Taylors were arrested in Harvard, Massachusetts, on May 20 at Japan’s request after authorities there in January accused the pair of helping smuggle Ghosn, Nissan’s former chairman, out of the country on December 29, 2019, in a box.

Ghosn fled to Lebanon, his childhood home, after being charged with engaging in financial wrongdoing, including by understating his compensation in Nissan’s financial statements. He denies wrongdoing.

Lebanon has no extradition treaty with Japan.

Both men have been held without bail since their arrest. Prosecutors have argued that neither Taylor – including Michael, a US Army Special Forces veteran and private security specialist – should be released from jail as they are flight risks.

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Reuters news agency

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Crude Oil Price Forecast – Crude Oil Markets Continue With Same Song and Dance – FX Empire

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WTI Crude Oil

The West Texas Intermediate Crude Oil market has gone back and forth during the trading session on Thursday, as we awaited the jobs figure. We tried to break out above the $40 level but failed a little bit, and the fact that the 200 day EMA is sitting just above at what was the previous top of a major gap, seems to be a bit too much for the market to continue this trajectory. We have gone sideways for a moment now, and that does seem to suggest that we are probably going to roll over, although I do not think it is a major selling event. At this point, the market is stuck between the 50 day and the 200 day EMA indicators.

Crude Oil Video 03.07.20

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Brent

Brent markets tried to rally initially during the day but gave back the gains. It is very much the same over here as in the WTI market, we are simply trading in a general gap that causes both support and resistance. The market has nowhere to be, except in this grade of crude oil we have not filled the gap above, so that is something that is still relatively bullish. Because of this, I anticipate that Brent will outperform WTI, although I would also point out that is a relative strength call, not necessarily that I am overly bullish, just that it will do better than the other. At this point, I think we are simply looking for some type of catalyst to make the next move.

For a look at all of today’s economic events, check out our economic calendar.

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