The 1918 influenza pandemic, described by experts as “the deadliest in human history”, had killed at least 50 million people worldwide, noted the Centers for Disease Control and Prevention. That is equivalent to 200 million in terms of present day’s… Read More ›
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Global Refining Capacity Demand Could Be Cut By Half By 2050 Due To Advent Of Electric Vehicles
According to a report published by consultancy services firm Rystad Energy, there will likely be a 50 per cent drop in demand for oil refining capacity of the world by 2050 because of the efforts across the world to shift… Read More ›
China’s Possible Lehman Moment – The Potential Collapse Of Evergrande
Questions are being raised about whether China is facing its own Lehman Brothers moment – wherein the fall of a single company is powerful enough to disrupt markets all around the world. This is because of concerns of a possible… Read More ›
Former World Bank Chief Kristalina Georgieva Denies Report Of Pro-China Pressure On World Bank Report
Allegations that she had exerted pressure on World Bank staff to change a methodology to favour China during her time as World Bank CEO, were denied by Kristalina Georgieva, who is currently the chief of the International Monetary Fund. A… Read More ›
Nearly 2 Mln People A Year Are Killed Because Of Working Conditions, Says UN Agency Report
Every year, almost 2 million people die because of work related reasons, including form illnesses related to working long hours and from air pollution, showed a recent report published by United Nations agencies. In 2016, 1.9 million people all across… Read More ›
India Delivers More Than 22.6 Million Covid-19 Vaccine Doses On Friday
More than 22.6 million people in India were administered a single dose of vaccine in just one day on Friday which was three times the average daily total doses administered during the past month. A number of states of the… Read More ›
More Than Sixty South Korean Crypto Exchanges To Suspend Services
Customers of more than 60 cryptocurrency exchanges in South Korea will be required to be informed of a partial; or complete suspension of trading on the exchanges by Friday midnight in response to a new regulation that is to come… Read More ›
More Covid-19 Vaccines Need To Be Sent To Poor Countries, Urge IMF And World Bank
Countries that have already achieved high rate of vaccination against Covid-19 were urged by the International Monetary Fund Managing Director Kristalina Georgieva and other multilateral-organization leaders to increase their efforts to deliver more doses of the vaccines to low and… Read More ›
Zara Owner Inditex Report Quarterly Profits Higher Than Pre-Pandemic Levels
The second quarter sale of fashion brand Zara owner Inditex rose above its pre-pandemic levels, outpacing its Swedish rival H&M, as both firms bounced back from the pandemic crisis. With more stores of Inditex, the biggest fashion retailer of the… Read More ›
Two Data Privacy Investigations Launched Against TikTok By Its Lead EU Regulator
Two inquiries have been opened by the lead data privacy regulator for the Chinese owned short video sharing app TikTok within the European Union over the manner I n which the company processes children’s personal data and whether it transfers… Read More ›