Government inspectors in the United States have found out that more than $1.4bn of its pandemic rescue funds were sent by the US Treasury to people who we4re already dead by mistake. This disclosure was among the several “challenges” that… Read More ›
Day: June 26, 2020
The Worst Of The Coronavirus Crisis Has ‘Probably Passed’, Says ECB’s Lagarde
While expressing hope that the worst phase of the impact of the novel coronavirus pandemic on the world would be over, Christine Lagarde, the president of the European Central Bank, said that it is unlikely that the world and its… Read More ›
Bipartisan bill punishing China over draconian Hong Kong security law sails through U.S. Senate
In yet another significant development, the U.S. Senate has passed a bipartisan bill that imposes mandatory sanctions on companies and people that back China’s effort to restrict Hong Kong’s autonomy. The bill also includes secondary sanctions on banks that do… Read More ›
Novartis settles criminal and civil charges, agrees to pay $346M fine: DoJ
In a statement, the U.S. Department of Justice stated, Novartis AG along with Novartis Hellas, a Greece-based unit of the Swiss drugmaker, has entered a deferred prosecution agreement wherein it has agreed to pay $225 million as a criminal fine…. Read More ›
UAE and Israeli companies to work together to fight coronavirus pandemic
According to a report from WAM, UAE’s state-run news agency, two private companies from the country will collaborate with two Israeli companies on medical projects. The collaboration will include creating drugs to combat coronavirus which emerged from Wuhan, China. The… Read More ›
Major U.S. airlines to hold White House meeting today
According to three sources briefed on the matter at hand, th CEOs of major U.S. airlines are set to hold a meeting later today at the White House to convince the federal government to mandate temperature checks for passengers. The… Read More ›