JAPAN’S ECONOMY SINKS 3.4% AS EXPORTS SPUTTER
Japan’s economy has gone underwater for the first time in 4-1/2 years in the first quarter of 2020, with Japan possibly experiencing its wor
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The Financial District
May 19, 20201 min read
U.S. MULLS SWEETENERS FOR FIRMS PULLING OUT OF CHINA
White House is mulling cash rewards and tax breaks for U.S. companies that will move out of China just like what Japan did to encourage its
The Financial District
May 19, 20201 min read
NATIONS WITH HUGE DEBT NEARING THE CLIFF, EXPERTS WARN
Three countries saddled with huge debt have already defaulted this year and more may join the financial disaster.
The Financial District
May 19, 20201 min read
SOFTBANK VISION FUND SUFFERS $18 BILLION OPERATING LOSS
Japan’s SoftBank Group Corp. has registered a mournful $18 billion loss at its giant Vision Fund, pushing Masayoshi Son’s conglomerate to a
The Financial District
May 19, 20201 min read
FDA STOPS BILL GATES’S FREE COVID-19 TESTING
The U.S. Food and Drug Administration (FDA) has stopped the COVID-19 testing program in Seattle backed by Microsoft founder Bill Gates, sayi
The Financial District
May 19, 20201 min read
TOP EXPERT WARNS OF ANOTHER COVID-19 WAVE IN CHINA
Dr. Zhong Nanshan, the Chinese government's senior medical adviser and the public face of the country's fight against COVID-19, has warned t
The Financial District
May 19, 20201 min read
TOP EU DIPLOMAT ADMITS COVID-19 PUTS POLITICS, BUSINESS IN DISARRAY
Josep Borrell, who is the top diplomat of the European Union (EU), has admitted that the COVID-19 pandemic has worsened the already ''disord
The Financial District
May 19, 20201 min read
CHINA’S SECRET COVID-19 CURE CAME FROM CUBA
There was nothing spectacular about the rapid decline in the number of COVID-19 infections in China since it was able to mass produce a drug
The Financial District
May 19, 20201 min read
FED BUYS $305-M CORPORATE DEBT ETFs
The Federal Reserve's latest corporate-credit facility took in $305 million worth of exchange-traded funds (ETFs) on the first day of its op
The Financial District
May 19, 20201 min read
GERMANY’S PLUNGING INTO RECESSION DRAGS OTHER EU COUNTRIES
The German economy, the biggest in the European Union (EU) contracted by 2.2% in the first quarter of this year, the biggest contraction sin
The Financial District
May 18, 20201 min read
U.S. STOCK MARKET RALLY 'ELUSIVE,’ PLAYERS WARN
There is no reason why the stock market should be clinking champagne glasses over the market’s rally from lugubrious March 2020 lows, with f
The Financial District
May 18, 20201 min read
FRAUD NETWORK TARGETING US UNEMPLOYMENT SYSTEM BACK
The US Secret Service has warned that an international syndicate specializing in fraud is back in its slimy game, attacking the US unemploym
The Financial District
May 17, 20202 min read
TRUMP IRKS EXPERTS BY CLAIMING COVID VACCINE CAN BE READY IN 7 MONTHS
US President Donald Trump’s boast that hundreds of millions of doses of vaccines against the COVID-19 pandemic will be ready within the year
The Financial District
May 17, 20201 min read
BREAKING NEWS: MCCONNELL ADMITS HE WRONGLY HIT OBAMA
US Senate majority leader Mitch McConnell, contrary to the habit of US President Donald Trump not to admit any of his 19,000 confirmed lies,
The Financial District
May 17, 20202 min read
PANDEMIC FORCES FRANCE TO MULL RELOCATION OF PHARMA PRODUCTION
France, which had lost 27,000 of its citizens to the COVID-19 pandemic, is now agonizing over the fact that 80% of its pharmaceutical produc
The Financial District
May 17, 20201 min read
BRAZIL HEALTH CHIEF QUITS AFTER LESS THAN A MONTH ON THE JOB
Brazil has lost its second health minister in just two months, just a day after President Jair Bolsonaro was slapped in the face with a repo
The Financial District
May 17, 20202 min read
INTERFERON A-2-B HASTENS CURE OF COVID-19, INT’L TEAM SAYS
It has turned out that the human body produces a key element for curing the SARS-CoV2 virus that has caused the COVID-19 pandemic, and an in
The Financial District
May 17, 20201 min read
DESTRUCTION OF COVID-19 VIRUS IN ILLEGAL CHINA LABS ADMITTED
China has confirmed that it had ordered unauthorized laboratories to destroy samples of COVID-19 in the early stage of the outbreak but just
The Financial District
May 16, 20201 min read
TRUMP CHAMPIONS SUPERSTITION IN TIFF WITH FAUCI
President Trump is using superstition and his burning desire to win another four-year lease of the White House as weapons to promote his lat
The Financial District
May 16, 20202 min read
OBAMA INSISTS BETTER POLICY VS COVID-19 NEEDED
Former President Barack Obama has asked the Trump administration to shape up and use all the tools in the shed to battle the deadly COVID-19
The Financial District
May 16, 20201 min read
COVID-19 WILL COMPROMISE THE TRANSITION TO CLEAN ENERGY WITHOUT URGENT STAKEHOLDER ACTION
The coronavirus pandemic risks cancelling out recent progress in transitioning to clean energy, with unprecedented falls in demand, price vo
The Financial District
May 16, 20202 min read
FOX NEWS GETS BEATING AFTER SAVAGING DEMOCRAT STIMULUS PLAN
Fox News has been battered black and blue for criticizing the $3-trillion stimulus bill crafted by Democrats, with commentators arguing the
The Financial District
May 15, 20201 min read
FBI WARNS US RESEARCHERS VS SINO CYBERATTACKS
The Federal Bureau of Investigation (FBI) and the Cybersecurity and Infrastructure Security Agency (CISA) have warned COVID-19 research orga
The Financial District
May 15, 20201 min read
FED CHIEF CONTRADICTS TRUMP, PAINTS SUSTAINED RECESSION
The future is bleak for the US economy, contrary to the declarations of US President Trump that the COVID-19 crisis would be followed by an
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