Pfizer Inc. warned on Friday that the Covid-19 pandemic will not be over until 2024, and that a lower-dose version of its vaccine for children aged 2 to 4 years old produced a weaker immune reaction than anticipated, possibly postponing… Read More ›
Economy & Finance
German Chancellor Olaf Scholz vows inclusive digital transformation of economy
German Chancellor Olaf Scholz said, his government would make Germany, Europe’s biggest economy, fit for the future and vowed it would leave no one behind in this major transformation of the economy. Vowing increased investments in climate protection and digitalization… Read More ›
Omicron likely to become dominant variant in Europe by early 2022: ECDC
In a statement, the European Centre for Disease Prevention and Control (ECDC) said, there is a “very high” that the Omicron variant of COVID-19 will become dominant in Europe by early 2022 and lead to a growing number of hospital… Read More ›
Covid-19 vaccines likely to be less effective against Omicron variant: WHO
In a statement on Wednesday, the World Health Organization said, preliminary evidence indicates that COVID-19 vaccines may be less effective against transmission and infection from the Omicron variant of the coronavirus; it also carries a higher risk of reinfection. As… Read More ›
Eight Chinese companies, including DJI, to be placed on Entity List
As per a report from the Financial Times, the U.S. Treasury is slated to place 8 Chinese companies including DJI, on the Entity List, for alleged involvement in surveillance of the Uyghur Muslim minority. With the move the Biden Administration… Read More ›
China’s property market will continue to decline in 2022: S&P
Already under pressure, China’s property market is faced increased headwinds in November following cash crunch among developers and faltering demand. Prices for new homes fell by 0.3% month-on-month in November marking the biggest decline since February 2015. In October, home… Read More ›
Almost 85% Of All Bitcoins That Can Ever Be Produced Have Already Been Mined
Since the introduction of bitcoins 13 years ago, almost 85% of all the possible bitcoins have been mined. According to crypto experts, however, mining the remaining bitcoins will take longer – over 100 years. Recent statistics show that bitcoins have… Read More ›
Australia signs $716.5M critical mineral deal with South Korea
Australia has signed a $716.5 million (A$1 billion) defense deal with South Korea aimed at boosting Seoul’s ability to grow its military exports. Under the terms of the deal, South Korean defence company Hanwha Corp will build 30 self-propelled howitzers… Read More ›
Double doses of vaccination will not neutralize Omicron variant: Oxford study
Two doses of COVID-19 vaccinations will not suffice to neutralize antibodies against the Omicron variant of the Coronavirus, found British scientists. They further found that those who have been previously infected or vaccinated may face increased infections. Researchers from the University… Read More ›
Israel-UAE hold historic meeting, Iran continues to be in focus
In the first ever public meeting, Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan played host to Israel’s prime minister Naftali Bennett, following the formalisation of Israel-UAE ties in 2020. Ahead of the talks, Israeli ambassador to Abu Dhabi… Read More ›
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