GERMANY IN TALKS WITH EU OVER LUFTHANSA BAILOUT
Germany is still in talks with the European Commission (EC) over its rescue package for flagship carrier Lufthansa, Economy Minister Peter A
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The Financial District
May 26, 20201 min read
UN EXEC WARNS OF SKYROCKETING CYBERCRIMES
United Nations (UN) disarmament chief Izumi Nakamitsu says while the world is preoccupied with battling the COVID-19, it must forget that “c
The Financial District
May 26, 20201 min read
BIDEN MAKES 1ST PUBLIC APPEARANCE BY LAYING WREATH ON MEMORIAL DAY
Presumptive Democratic presidential nominee Joe Biden made his first in-person appearance in more than two months on Monday, May 25, 2020, a
The Financial District
May 26, 20201 min read
CHINA’S MASK BOOM ROBS FABRIC FOR DIAPER MAKERS
Skyrocketing demand for masks for robbed makers of diapers, sanitary towels and wet wipes in China with the fabric that they need, the Agenc
The Financial District
May 26, 20202 min read
WHO WARNS OF 2ND PEAK IN AREAS WHERE COVID-19 CASES ARE DECLINING
Countries where COVID-19 infections are declining could still face an “immediate second peak” if they let up too soon on measures to halt th
The Financial District
May 26, 20201 min read
WHO + UNICEF CALL FOR JOINT EFFORT TO SAFELY DELIVER ROUTINE IMMUNIZATION AND VACCINATION
COVID 19 is disrupting life-saving immunization services around the world, putting millions of children – in rich and poor countries alike –
The Financial District
May 25, 20201 min read
COVID-19 ZAPS WASHINGTON AGAIN; PASTA COMPANY HIT
Just as Washington Gov. Jay Inslee thought his state had flattened the curve and ended its battle with the COVID-19 pandemic, a new outbreak
The Financial District
May 25, 20201 min read
IBM SLASHES JOBS ACROSS US, FATE OF 352,600 EMPLOYEES HANGS
IBM, a venerable 110-year-old pioneer in computing, has told the Wall Street Journal and Bloomberg that it is axing a number of workers in t
The Financial District
May 25, 20201 min read
HAITI VOODOO TEMPLES OPEN FOR COVID-19 PATIENTS
If medicine can’t cure, then voodoo will. This might be the best time for Haiti’s voodoo leaders to test just how effective the rituals and
The Financial District
May 25, 20201 min read
GERMAN DOCTORS WARN OF 2ND WAVE OF COVID-19 INFECTIONS
German doctors warned on Sunday, May 24, 2020, that the mass movement of holidaymakers could prompt a second wave of the COVID-19 pandemic a
The Financial District
May 25, 20201 min read
CHINA WARNS VS TRUMP’S PUSHING A ‘NEW COLD WAR’
Chinese Foreign Minister Wang Yi has accused US President Trump of being infected by a “political virus” as he ramps up attacks against Beij
The Financial District
May 25, 20201 min read
JAPAN’S UNIQLO TO MAKE MASKS USING UNDERWEAR FABRIC
Japanese casual clothing chain Uniqlo, owned by Fast Retailing, said it plans to sell masks made of fabric used for its Airism underwear lin
The Financial District
May 24, 20201 min read
TRUMP URGES U.S. CHURCHES TO REOPEN
U.S. President Donald Trump has ordered churches to reopen, labeling houses of worship as “essential” and calling on governors to allow them
The Financial District
May 24, 20201 min read
NO IMPROVEMENT IN DEATH RATE FOR COVID-19 PATIENTS WHO RECEIVED HYDROXY CHLOROQUINE
A research team led by investigators from Brigham and Women’s Hospital has evaluated real-world evidence related to outcomes for COVID-19 pa
The Financial District
May 24, 20202 min read
U.S. TO STAY OPEN EVEN IF 2ND WAVE OF COVID-19 HITS
The U.S. will stay open and will not impose any kind of lockdown should a second wave of the COVID-19 pandemic zaps the country, U.S. Presid
The Financial District
May 24, 20201 min read
HERTZ FILES FOR BANKRUPTCY PROTECTION
The iconic Hertz rent-a-car pioneer in the US has filed for bankruptcy protection after failing to meet payments on its $17-billion debt, sa
The Financial District
May 23, 20201 min read
PANDEMIC TO COST WORLD ECONOMY $82-T IN 5 YEARS: CAMBRIDGE STUDY
The COVID-19 pandemic could cost the global economy a “nightmarish” $82-trillion in five years, a study conducted by the Judge Business Scho
The Financial District
May 23, 20201 min read
EUROPE ABANDONING TRUMP OVER PANDEMIC FLAPS, ERRATIC MOVES
Europe is abandoning the U.S., all because of President Trump’s grievous mistakes in handling the COVID-19 pandemic and his plan to control
The Financial District
May 23, 20202 min read
CUBA CREDITS LOCALLY-PRODUCED DRUGS FOR BEATING PANDEMIC
Cuba has credited its success in combating the COVID-19 pandemic to the use of two locally-produced drugs that calm the cytokine storm, a da
The Financial District
May 23, 20201 min read
U.S. RAPS CHINA FOR BLOCKING FLIGHTS OF AMERICAN LINERS
The U.S. has accused China of blocking U.S. flights and making it nearly impossible for American airliners to fly to China and demanded that
The Financial District
May 23, 20201 min read
U.S. MANUFACTURING OUTPUT TAKES BIGGEST HIT IN 100 YEARS
Facts are unkind to the ardent wish of U.S. President Trump to reopen the economy and make a 180-degree turn from the high unemployment rate
The Financial District
May 23, 20201 min read
BANK OF JAPAN BACKS SMALL BUSINESSES BATTLING PANDEMIC
The Bank of Japan (BOJ) vowed on Friday, May 22, 2020, to provide some 30 trillion yen ($280 billion) to banks for financing small and mediu
The Financial District
May 23, 20201 min read
BIGGEST MALL IN U.S. 2 MONTHS BEHIND PAYMENTS ON $1.4-B LOAN
The Mall of America, biggest mall in the U.S. is having troubles paying interest and principal payments on its $1.4-billion in April and May
The Financial District
May 23, 20201 min read
ECUADORIAN INDIGENOUS GROUPS SUES GOV’T
The Waorani indigenous people in Ecuador’s Amazon have sued the government for not providing them with an emergency response to battle the d
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