The stock markets in New York started trading lower on Tuesday, after the nice pluses a day earlier. Wall Street is concerned about the rising death toll in the United States from the new coronavirus. US investors are also looking at better-than-expected figures on Chinese industry, which showed unexpected […]
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American Chipmakers Want to Remain Operational During the Coronavirus Crisis
The Semiconductor Industry Association (SIA) calls on the U.S. government to classify large semiconductor manufacturers as essential companies. This allows companies to remain open despite measures to limit the spread of the coronavirus. AMD, Intel, Broadcom, IBM and Qualcomm, among others, are members of the SIA. The advocacy organization […]
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Rhode Island, USA, Quarantine New Yorkers
Rhode Island, USA, Quarantine New Yorkers. The governor of the US state of Rhode Island has all of the people in New York who are in her state tracked down and quarantined. Gina Raimondo announced this as part of measures against the spread of the new coronavirus. New York, […]
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US Senate Unanimously Votes in Favor of Historic Aid Package
The United States Senate unanimously approved a $ 2,000 billion aid package on Thursday to mitigate the economic damage caused by the corona crisis. The law is yet to be approved by the House of Representatives on Friday. Finance Minister Steven Mnuchin expects that the law will also be […]
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Trump will Oblige Companies to Make Corona Test Kits
The United States government will require companies to supply products to combat the coronavirus, such as respirators, mouth masks, and test kits. In doing so, the Trump administration invokes the Defense Production Act, a war law that gives the President the necessary additional powers. That writes The Wall Street […]
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Singapore Airlines Keeps Almost the Entire Fleet on the Ground
Airline Singapore Airlines reduces its capacity by 96 percent and keeps almost its entire air fleet grounded. The measures are in response to global travel restrictions due to the new coronavirus. The company calls the corona crisis “the greatest challenge” it has ever faced. The global travel hub in […]
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Head of Security Service Suriname is Doing Coronavirus Prevention
Head of Security Service Suriname is Doing Coronavirus Prevention. Measures are also being taken in the South American country of Suriname to contain the coronavirus. When the head of the security service learned that there was a ‘tequila party’, while such meetings are prohibited, she had a striking message: […]
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The US and China Media War: China Announces to Deport at least 13 US Journalists
The United States and China have entered a real media war. China announces that it will deport at least 13 US journalists. China does this because certain Chinese media had to register in America as “diplomatic missions”. After that, the US government also demanded that a maximum of 100 […]
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Wall Street Turns Deep Red After the Cooling Period
The stock exchanges in New York turned dark red on Monday. Due to the significant losses in the opening minutes, trading was even temporarily halted. Concerns about the new coronavirus continue to dominate global markets. A new, unexpected rate cut by the Federal Reserve (Fed) has yet to turn […]
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Brake on Earning from Virus Panic: British Market Watchdog Prohibits Short Selling
The British market watchdog temporarily bans the possibility of short selling, with investors speculating on a share price fall, the Financial Conduct Authority (FCA) announced. Stock markets have plummeted in recent days due to fears of the coronavirus. The measure will take effect immediately. According to the Netherlands Authority […]