In a statement, U.S. President Donald Trump said, he expects Russia and Saudi Arabia to reach an agreement on crude oil production in the next few days, and end the price war between the two which has “ravaged” the oil… Read More ›
Geopolitics
S&P Says Global Growth Being Pushed Towards Zero Because Of Coronavirus Pandemic
S&P Global Ratings has predicted that the global growth is set to be pushed toward zero this year because of the global economic turbulence caused by the coronavirus pandemic as well as the nationally enforced lockdowns across major markets. “In… Read More ›
COVID-19 data from China, Russian, North Korea and Iran are hard to chart: U.S. Intelligence
According to sources familiar with an intelligence reporting, U.S. spy agencies are finding it hard to put together a precise picture of the world’s coronavirus outbreaks. There are serious gaps in their ability to assess the situation in China, North… Read More ›
U.S. working on executive order that expands ‘Buy America’ provisions: USTR
In a development pregnant with possibilities, U.S. Trade Representative Robert Lighthizer stated, the Wuhan Coronavirus pandemic shows that the United States is way too dependent on cheap foreign imports for key strategic medical supplies. The statement underscores the need for… Read More ›
Coronavirus Pandemic Blamed For Its Collapse Space Firm By OneWeb
The high-profile London-based satellite start-up – OneWeb, blamed the coronavirus pandemic while it was forced to file for bankruptcy protection in the United States. The company was engaged in the development of a network to deliver broadband across the globe…. Read More ›
North Korea Test Fired More Missiles Than Ever This Month
While the world is struggling to control the spread of the deadly coornavirus pandemic, North Korea is continuing to conduct tests of its missiles. On Sunday, the pariah nation fired what was apparently two short-range ballistic missiles into the ocean… Read More ›
Coronavirus Crisis Forces Many Poorer Countries To Seek Help From The IMF
The huge economic fallout from the coronavirus pandemic that has impacted more than 80 poor and middle-income countries who have now requested the International Monetary Fund for financial assistance in recent weeks. While saying that the global economy has entered… Read More ›
Coronavirus Stokes Global Food Security Concerns
As about one fifth of the global population around the world are placed under lockdowns because of the coronavirus pandemic, many countries are contemplating putting a cap on the flow of staple foods which has raised concerns for global food… Read More ›
G20 Will Do ‘Whatever It Takes’ To Fight Global Coronavirus Threat
The Group of 20 major economies of the world has decided to pump in $5 trillion into the global economy though national measures in order to try and ease the economic impact of the coronavirus pandemic while also pledging to… Read More ›
Washington and Beijing to collaborate in G20 summit: South China Morning Post
In a report, the South China Morning Post said, the United States and China are expected to set aside their differences and focus on the challenges of controlling and stopping the pandemic when leaders of the G20 nations hold talks… Read More ›