World & Politics
Virus and waste: garbage volumes jump high during COVID-19 pandemic - 06/29/2020
COVID-19 pandemic and the quarantine measures associated with it have resulted in a significant reduction in harmful emissions into the atmosphere. However, other side effects of the pandemic were less positive for the environment: in particular, the use of plastic, and, consequently, the amount of plastic waste have significantly increased. For now, there is no exact data about the number of...
Trump restricts issuance of work visas as unemployment is growing - 06/23/2020
In a situation of record unemployment, Donald Trump stopped issuing several types of American work visas until the end of the year. Restrictions on green card issuance have also been extended. On Monday, June 22, US President Donald Trump signed a decree to stop issuance of certain types of work visas until the end of the year. In particular, the decree refers to the H1-B type of visas, which...
Two biggest Asian powers turn on each other after border incident - 06/18/2020
The Indian and Chinese military began to withdraw forces from the control line in East Ladakh, where was the most serious clash of border guards in half a century. According to recent reports, 20 Indian soldiers, including their commander, were killed during the incident. The PRC did not disclose information about its losses. However, the Indian military, referring to the radio interception,...
Japan brings anti-crisis measures package to $ 1 trillion - 06/17/2020
The Central Bank of Japan announced an increase to 110 trillion ($ 1.02 trillion) of a package of anti-crisis measures aimed at stimulating the economy affected by the epidemic of the coronavirus COVID-19. Earlier, the Japanese Central Bank has repeatedly increased the volume of the stimulus package, bringing it up to 75 trillion ($ 700 billion), the base discount rate in the country is already...
WHO welcomes first drug to reduce mortality from COVID-19 - 06/17/2020
Head of the World Health Organization called results of a British study on the treatment of COVID-19 with dexamethasone "a life-saving scientific breakthrough". Head of the World Health Organization called results of a British study on the treatment of COVID-19 with dexamethasone "a life-saving scientific breakthrough". Speaking in Geneva on Wednesday night, June 17, he congratulated the British...
Germany buys 23% stake in COVID-19 vaccine developer CureVac - 06/16/2020
The German government invested € 300 million in the biotechnology corporation CureVac, which, among others, is developing a vaccine against COVID-19. This was announced on Monday. In accordance with the terms of the transaction, German authorities who invested in the company through the state-owned KfW bank will receive a 23% stake in the company. In March, CureVac, one of dozens of companies...
French President declares victory over local COVID-19 epidemic - 06/15/2020
On June 14, President Emmanuel Macron turned to compatriots and announced that the coronavirus epidemic had been defeated. From Monday, June 15, state borders open within Europe, and from July 1, communications with countries outside Schengen where the "epidemic is stopped" resumes. All France goes into the "green" zone, except for two overseas territories - Mayotte and Guiana. Restaurants,...
G7 Foreign Ministers are preparing joint statement on Hong Kong - 06/11/2020
The G7 Foreign Ministers will soon make a joint statement on Hong Kong, reports NHK. The channel’s sources in the Japanese government said that Japanese Foreign Minister Toshimitsu Motegi and French Minister Jean-Yves Le Drian said in a telephone conversation that G7 Foreign Ministers would make such a statement. It is noted that in ambassadors of the G7 countries express concern over China’s...
Analysts: Chinese exports falling slower than imports - 06/08/2020
The trade balance of China in May 2020 was a record high - $ 62.9 billion, the PRC customs said. The growth is explained by a limited decline in exports - by 3.3% - with a sharp contraction of imports - by 16.7%. China's exports in May fell again - by 3.3%, to $ 206.8 billion, compared with the same period last year, while imports showed a bigger decline - by 16.7%, to $ 143.9 billion, resulting...
ECB to fork out €600B to support EU economy - 06/05/2020
Following a meeting on Thursday, the European Central Bank (ECB) announced an additional increase in its asset repurchase program by another € 600 billion to € 1.35 trillion. The regulator explained his decision by an unprecedented decline in the currency bloc’s economy and an additional decrease in inflation forecasts. The recession and support measures will lead to a sharp increase in funding...