Demands for the debt payments of developing countries to be dropped this year have been raised by more than 100 global organizations. the list includes those countries that are among the poorest in the world are finding it almost impossible… Read More ›
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80% Reduction In French French Petrol Consumption In Just The Last 10 Days Of March
The strict stay at home orders during the lockdown of France resulted in a 80 per cent drop in petrol consumption in the last 10 days of March as cars remained off the road because of the travel restrictions, said… Read More ›
Coronavirus Conspiracy Theories In UK Sees 5G Cell Towers Being Torched
With the spread of conspiracy theories online that put link the spread of the coronavirus pandemic in the United Kingdom to 5G mobile technology, a number of cell towers in the country have been set on fire and engineers harassed…. Read More ›
Chinese Mask Makers Scramble To Make Most Of Growing Demand Amid Virus Pandemic
Chinese manufacturers of face masks are reportedly making huge profits as demand across the world rises among the healthcare workers and common people to try and fight the novel coronavirus. This rush to make masks has created a “madhouse” like… Read More ›
Service Sector PMI In Japan Drops At Fastest Pace In March Since 2009 Financial Crisis
A sharp drop in demand because of the coronavirus pandemic and the restrictions put on business activities have cause a contraction in the services sector of Japan in March that was the fastest for any month since the global financial… Read More ›
Record Drop For UK Service Sector Activity In March Due To Virus Pandemic
The economic impact of the coronavirus pandemic is being felt by the services sector of Britain, which in March recorded a decline in activity at the fastest pace beer seen in more than the last two decades. A joint report… Read More ›
All Time Record For US Unemployment Benefit Claim Due To Coronavirus Pandemic
The number of Americans who filed for unemployment benefits hit a history high for the last week as more and more lose their jobs because of shutting down of business due to the conronavirus pandemic. The latest figures broke the… Read More ›
70 Percent Pay Cut To Be Taken By Barcelona Players, Says Messi
Barcelona football club’s captain Lionel Messi said that all of the professional footballers attached with the iconic club are willing to take a pay cut of 70 per cent so that the non-playing staff of the club are able to… Read More ›
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 ›
Sweden Takes A Relaxed Approach To Virus Pandemic, Contrary To Some Of Its European Peers
A more relaxed approach to combating the coronavirus pandemic has been adopted by Sweden even as most of its European Union peers have imposed severe restrictions on public life and closed down borders to businesses to prevent the spreading the… Read More ›