Countries
Australia’s economy, already plunged into recession in September – its first recession in 30 years since 1991 – continues to register bad news. And it has nothing to do with Covid-19 pandemic. Rather, it’s a self-inflicted economic backlash after Canberra deliberately campaigned for an international inquiry into the origins of the Coronavirus in April which […]
... written on Nov 04 2020Crude oil prices dropped below zero for the first time in history on April 20, 2020. Many were scratching their head in disbelief as the U.S. oil prices turned negative. Others were amused as they watched the deepest fall in demand for the “black gold” in 25 years. It’s not everyday you get to watch crude […]
... written on Nov 02 2020Two people were killed and five others injured in a stabbing attack on Saturday night in Quebec City, Canada. Police spokesperson Étienne Doyon said the 5 injured victims were transported to local hospitals with different levels of injury. However, Doyon refused to reveal the motive of the attacks, whether the attacks were random or identify the […]
... written on Nov 01 2020When Macron unveiled a plan to defend France’s secular values against “Islamist radicalism”, he said the religion was “in crisis” all over the world. Stressing the importance of schools in instilling secular values in young people, he said beginning next year, about 50,000 French children who are currently educated at home would be required to […]
... written on Oct 30 2020China has decided to impose unspecified sanctions on three American defence contractors – Boeing, Raytheon Technologies and Lockheed Martin. The sanction was taken after the U.S. State Department approved US$1.8 billion in arms sales to Taiwan last week. Also targeted in the sanction included “the US individuals and entities who played an egregious role”. […]
... written on Oct 28 2020At the 17th annual meeting of the Valdai Discussion Club, Russian President Vladimir Putin said a Russia-China military alliance could be forged, but for now, there is no need. Speaking during a video conference on Thursday, Putin’s suggestion is a concept similar to the western military alliance NATO. He said – “We don’t need it, […]
... written on Oct 25 2020The IMF has painted a gloomier picture for Asia. On Wednesday (Oct 21), the International Monetary Fund revealed Asia’s economic contraction this year will be worse than previously thought. In its latest Regional Economic Outlook report for Asia and Pacific, the IMF predicts the region’s economy to shrink by 2.2%, worse than an earlier 1.6% contraction […]
... written on Oct 22 2020The Thanksgiving holiday is around the corner. Dr. Anthony Fauci, the top US infectious-disease expert, said Americans must “sacrifice” it if they hope to prevent another surge of Covid-19 cases. The White House Coronavirus advisor said during an interview with CBS News that his kids won’t be coming home for Thanksgiving this year due to fear of spreading the […]
... written on Oct 19 2020Australia’s economy officially plunged into recession in September after it registered two consecutive quarters of negative growth. Its GDP (gross domestic product) shrank 7% in the April-to-June quarter compared to the previous three months. Not only this is Australia’s first recession in nearly 30 years (since 1991), but also the deepest since the Great Depression […]
... written on Oct 17 2020If you think an effective vaccine for Covid-19 will be available before Christmas this year, you would be disappointed. Unless you don’t mind trying Russian-developed vaccine – “Sputnik V” – which is already available, a United States FDA-approved vaccine won’t happen until next year. The virus is still spreading rapidly, with over 1-million deaths and […]
... written on Oct 15 2020
