The American oil company Diamond Offshore Drilling has filed for Chapter 11 bankruptcy because of the unprecedentedly low oil prices. For the first time in history, parties had to make additional payments last week to supply US oil. The oil price plummeted because of the collapsed demand caused by […]
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The Stock Exchanges in New York Started with Losses on Wednesday
The stock exchanges in New York started losses on the new trading day on Wednesday. Sentiment on Wall Street is fueled in part by dramatic data on U.S. retail sales as a result of the corona crisis. The industry around New York is also severely affected by the virus […]
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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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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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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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Epstein Victims Furious with Prince Andrew: Do the Right Thing and Cooperate with Research
The alleged victims of abuse of businessman Jeffrey Epstein are furious that the British prince Andrew has not cooperated in any way with the ongoing investigation. Lawyers Lisa Bloom and Gloria Allred urge the prince to do “the right thing”. Andrew was friends with the suspect, who was convicted […]
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American Soldiers Found Dead in the Dormitory of German Airbase
Two American soldiers were found dead last week at an air force base in Germany, where they were stationed. The cause of their decease is still unknown. The men, both 20 years old, were “found lifeless in the dormitory.” Attempts to resuscitate them were in vain, and doctors declared […]