United Kingdom’s chief scientific advisor believes that it is likely that Covid-19 will become as “endemic” as the annual flu virus. None of the potential vaccines are likely to eradicate the virus, said Patrick Vallance, even though some of the… Read More ›
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ECB’s Panetta Says Euro Zone Recovery Delay Risk Due To Second Pandemic Wave
The recovery of the euro zone from the deep recession could be derailed in the event of a large second wave of the novel coronavirus pandemic which makes it more important to announce ultra-easy monetary policy, said Fabio Panetta, a… Read More ›
Consumers Purchasing Luxury Goods Again Raise Hopes Of Recovery
Indications that consumers are getting comfortable spending on luxury product again was available from the good earnings reported by LVMH, the fashion conglomerate that owns brands such as Louis Vuitton, Fendi and Dior. There was growth again in the last… Read More ›
Belgian 5G Contracts Goe To Nokia, China’s Huawei Ousted From Heart Of EU
Amid pressure from the United States to exclude the Chinese telecom equipment maker Huawei from supplying key telecoms equipment, wireless service providers Orange and Proximus have chosen to partner with Nokia for the construction of state of the art next… Read More ›
Airbus Increased Jet Deliveries In September, Targets 500 Deliveries For 2020
In September, the milestone for delivering the highest number in any month so far this year was achieved by the European plane making giant Airbus. But the company could not manage any new sales because of the conditions of the… Read More ›
Trump Will ‘Take A Good, Strong Look’ About Existence Of UFOs
United States president Donald Trump plans to give a closer look into intelligence reports in the country about the existence of UFOs, he said in a recent interview. A question about the US Department of Defense’s announcement that the Pentagon… Read More ›
IMF Urges World For Greater Synchronized Measures To Tackle Covid-19 Economic Hit
More needs to be done by the international community in order to address the economic impact of the novel coronavirus pandemic which started n China at the end of last year and then spread to the rest of the world…. Read More ›
Nobel Peace Prize For 2020 Awarded To World Food Programme
This year’s Nobel Peace Prize has been awarded to the World Food Programme “for its efforts to combat hunger, for its contribution to bettering conditions for peace in conflict-affected areas and for acting as a driving force in efforts to… Read More ›
Green Bonds Booming Amid Pandemic Rush To Fix The Climate Crisis
A critical role could be played by green bonds in the recovery of the global economy from the impact of the novel coronavirus pandemic. In recent months, there has been an increase in interest in green bonds with investors trying… Read More ›
WTO Could Soon Have Its First Ever Female Boss
The process of selecting the new director general of the World Trade Organisation (WTO) is now in its final stages. Nigeria’s former finance minister Ngozi Okonjo-Iweala and South Korean trade minister Yoo Myung-hee are the final two candidates who… Read More ›