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 ›
Sustainability
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 ›
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 ›
US Space Force conducts space war simulations to test resilience of US satellite communication networks
Weeks after Russia shot down an ageing communication satellite, the United States has begun testing the resilience of its satellite communication networks in order to deter threats from China and Russia. The computer-aided simulations included potential shooting down of U.S…. Read More ›
Biden Administration orders immediate stop in financing new carbon intensive fossil fuel projects overseas
According to US diplomatic cables, the Biden Administration has ordered U.S. government agencies to immediately stop financing new carbon-intensive fossil fuel projects abroad and prioritize global collaborations towards clean energy technology. The move is aimed at ending US financial support… Read More ›
Global M&A Boom Prompted Surge In Insurance Rates
Following a surge of deal making throughout the world during the Covid-19 epidemic, the cost of insurance to cover situations involving M&A has nearly quadrupled in only two years, according to underwriters and brokers. Potential buyers purchase insurance to protect… Read More ›
South Africa Has Not Yet Witnessed Any Indications Of Enhanced Omicron Severity
South African experts said on Friday that there is no evidence that the Omicron coronavirus variant is causing more severe sickness, as government announced preparations to provide vaccination boosters as daily infections hit an all-time high. Late last month, South Africa… Read More ›
General Motors re-enters rare earths industry
In a significant development that marks the return of General Motors Co to the rare earth industry, the US automaker now plans on sourcing rare earth magnets for its future line of electric vehicles from new U.S.-based manufacturing facilities under two… Read More ›