World News

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Will the Coronavirus bring the end of cash? Could this crisis introduce Central Bank cryptocurrencies?
Posted on:Friday, March 20, 2020

The ongoing spread of the coronavirus has spurred government agencies to warn its citizenry against the use of paper currency and coins. Meanwhile, Central Banks around the world are considering the use of cryptocurrency in the future.

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Italy coronavirus death toll passes China’s for first time
Posted on:Thursday, March 19, 2020

The number of people to have died from coronavirus in Italy has now surpassed that of China, where the disease originated, according to figures released Thursday.

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China targeting U.S. Navy warships with electromagnetic weapons
Posted on:Thursday, March 19, 2020

China has called for using electromagnetic attacks on U.S. warships transiting the South China Sea, according to a state-run Chinese outlet.

‘Under control’: Putin seeks referendum vote despite coronavirus outbreak
Posted on:Thursday, March 19, 2020

Even the new coronavirus can’t stop President Vladimir Putin when his power is on the line. As rumors abound that Russia’s capital is about to be locked down to prevent an outbreak of COVID-19, Mr. Putin said this week that an April 22 nationwide vote on constitutional amendments that could keep him in power until 2036 will proceed as planned.

European Central Bank announces €750B coronavirus stimulus
Posted on:Wednesday, March 18, 2020

The European Central Bank (ECB) announced an economic stimulus program worth €750 billion Wednesday night.

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Researchers say Japanese flu drug ‘clearly effective’ in treating coronavirus
Posted on:Wednesday, March 18, 2020

Early trials have shown that a Japanese flu drug is effective in treating the coronavirus, according to reports on Wednesday.

Oil falls 24% in 3rd worst day on record, sinks to more than 18-year low
Posted on:Wednesday, March 18, 2020

Oil dropped 24% to a more than 18-year low on Wednesday as the coronavirus pandemic continues to sap demand for crude, and as rising worries about a global recession lead to fears of longer-term demand destruction.

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U.S., Canada to close border
Posted on:Wednesday, March 18, 2020

The U.S. and Canada will close their border to non-essential traffic to limit the spread of the novel coronavirus.

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Coronavirus cases top 200,000 worldwide, death toll passes 8,000
Posted on:Wednesday, March 18, 2020

The total number of confirmed cases of the novel coronavirus worldwide has now surpassed 200,000, according to Johns Hopkins University, while the death toll has topped 8,000.

Coronavirus Ravages Middle East as Iran Warns of ‘Millions’ of Deaths
Posted on:Tuesday, March 17, 2020

From Jerusalem’s Western Wall to Saudi Arabia’s Mecca, the coronavirus is changing the Middle East and people in the region are adjusting to a new normal.

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China plans to disbar three major US news organizations
Posted on:Tuesday, March 17, 2020

China is revoking the press credentials of three major US media organizations, in a move that has been censured by US Secretary of State Mike Pompeo as a further step toward secrecy by the communist administration of Xi Jinping.

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African locust swarm headed for Middle East
Posted on:Tuesday, March 17, 2020

An ‘unprecedented’ locust swarm is forming in the Horn of Africa, according to the UN Food and Agriculture Organization, and is expected to cause major food shortages across Africa and the Middle East later this summer.

EU will close borders for 30 days to slow coronavirus outbreak
Posted on:Tuesday, March 17, 2020

The European Union announced that member nations will close the EU’s external borders for the next 30 days to slow the spread of the coronavirus pandemic.

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Coronavirus kills leading Iranian ayatollah, as worries intensify
Posted on:Monday, March 16, 2020

A member of the Assembly of Experts, which has the power to appoint or dismiss the country’s supreme leader, Ayatollah Ali Khamenei, has died from the COVID-19 illness caused by the virus, the semi-official Fars and Tasnim news agencies reported Monday.

Russia’s Constitutional Court Approves Amendments Allowing Putin To Rule Until 2036
Posted on:Monday, March 16, 2020

Russia’s Constitutional Court has approved constitutional amendments that could enable President Vladimir Putin to stay in power for another 16 years.

IMF says it’s ready to mobilize its $1 trillion lending capacity to fight coronavirus
Posted on:Monday, March 16, 2020

The International Monetary Fund on Monday said it ‘stands ready’ to use its $1 trillion lending capacity to help countries around the world that are struggling with the humanitarian and economic impact of the novel coronavirus.

Europe mulls shutting external borders in fight against coronavirus
Posted on:Monday, March 16, 2020

Europe proposed shutting its external borders to foreigners for 30 days on Monday in a bid to turn the page on its scramble to contain the coronavirus, but it drew criticism for doing too little, too late.

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Chinese Economy Craters in First Two Months of 2020 Due to Coronavirus Outbreak
Posted on:Monday, March 16, 2020

New economic data released Monday shows China’s economic activity in all areas plunged in the first two months of 2020 as the novel coronavirus outbreak first erupted and took hold in the world’s second-largest economy.

Putin Formally Signs Off on Constitutional Changes That Allow Him to Extend Power
Posted on:Sunday, March 15, 2020

Vladimir Putin has formally signed off on constitutional amendments that would allow the Russian leader to run again for president in 2024, the Interfax news agency reported on March 14.

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WHO: Europe Replaces China as Epicenter of Virus Pandemic
Posted on:Saturday, March 14, 2020

The World Health Organization says Europe has replaced China as the epicenter of the coronavirus pandemic.

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