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 […]
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Italy Travel Complicated or Impossible to Continue
The amended travel advice from the Ministry of Foreign Affairs (Buza) for Italy means that it will become a lot harder for travel organizations and tour operators to keep to agreements with customers, says branch organization ANVR. Buza adjusted the travel advice for the whole of Italy on Tuesday. Travellers […]
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Topman Largest American Bank Undergoes Heart Surgery
JPMorgan Chase boss Jamie Dimon, chief executive of the largest bank in the United States, underwent urgent heart surgery on Thursday to close a crack in his main artery. According to the financial group, the intervention was successful. Dimon, who is considered one of the most prominent drivers on […]
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Western Brands Benefit from Slave Labour Uyghurs
China uses tens of thousands of Uighurs as forced labourers. The Uighurs, who belong to an Islamic minority group and because of their faith and culture are being “re-educated” in camps in Xinjiang province, must also work elsewhere in China in factories that supply Western brands. At least 80,000 […]
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Volkswagen Pays Diesel Engine Owners Compensation in Germany
Volkswagen Pays Diesel Engine Owners Compensation in Germany. German owners of a Volkswagen with a tamper-evident diesel receive money from the automaker. The German company reached an agreement on this with an umbrella organization for consumer associations. VW allocates a total of 830 million euros for this. Approximately 260,000 […]