Middle Eastern stability as risk as Jordan’s monarchy experiences malicious drama
The US government, under Biden’s administration, has stepped in to address the ongoing drama within Jordan’s royal family that the government has labled as a “malicious plot” questioning the king’s administration. As a global reliable ally, Jordan’s monarchy has been the US government’s asset as it is geographically surrounded by unstable zones like Saudi Arabia, Israel, Syria and Iraq.
Analysis: With quick fixes, Biden’s agencies reverse Trump’s Wall Street-friendly rules
WASHINGTON (Reuters) – U.S. President Joe Biden’s interim regulators are wasting no time unraveling Wall Street-friendly measures introduced under former Republican President Donald Trump, using quick-fix legal tactics. They have spiked or stalled more than a dozen contentious Trump-era measures that critics said eroded consumer protections, weakened enforcement, and curbed investors’ ability to push for […]
China March new bank loans rise but broad credit growth eases
BEIJING (Reuters) – New bank loans in China rose more expected in March from the previous month due to strong corporate and household demand, as the central bank walks a tightrope between supporting the rapidly recovering economy and containing debt risks. Chinese banks extended 2.73 trillion yuan ($416.62 billion)in new yuan loans in March, up […]
The United States’ global immunisation campaign: An attempt to effectively end the Covid-19 pandemic.
As the SARS-CoV-2 has resurfaced and continues to rise, countries are relentlessly trying to implement new health guidelines and measures to prevent the entry and spread of the virus. The US as a nation has suffered the most as a result of the COVID. Every day, the number of cases have grown. The state is […]
The world is delivering a new billionaire every 17 hours
Although the world is still dealing with the devastating effects of the Covid-19 epidemic, a few positive things have begun to knock on the world’s door. The rise in the number of billionaires’ during this period, is one such interesting feat. According to Forbes World’s billionaire list, more individuals will enter the billionaire club after […]
Dollar bounce loses steam; AstraZeneca worries dent sterling
SINGAPORE (Reuters) – The dollar advanced slightly on Friday but was headed for its softest week of the year as strong data in Europe, surprisingly weak U.S. jobs figures and a determinedly accommodative Federal Reserve have prompted investors to trim bets on the greenback. The euro and yen are also poised for their largest weekly […]
Liftoff by Eric Berger – Musk’s otherwordly ambition
The dramatic inside story of the first four historic flights that launched SpaceX – and Elon Musk – from a shaky startup into the world’s leading-edge rocket company. In 2006, SpaceX – a brand-new venture with fewer than 200 employees – rolled its first, single-engine rocket onto a launch pad at Kwajalein Atoll. After a […]
Exclusive: China’s Didi picks Goldman, Morgan Stanley for mega U.S. IPO – sources
HONG KONG (Reuters) – China’s top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans to file confidentially for the New York float this month, two people with knowledge of the matter said. Didi, backed by Asian technology investment giants SoftBank, Alibaba and Tencent, is looking […]
South Korea unveils prototype of KF-X fighter jet
SEOUL (Reuters) – South Korea on Friday unveiled the first prototype of the KF-X fighter jet it is developing with Indonesia, amid lingering uncertainty over the future of Jakarta’s role in the project. The next-generation aircraft being developed by Korea Aerospace Industries Ltd (KAI) is designed to be a cheaper, less-stealthy alternative to the U.S.-built […]
Toshiba chairman issues cautious statement on CVC’s take-private offer
TOKYO (Reuters) -The chairman of Toshiba Corp’s board on Friday issued a statement on CVC Capital Partners’ recent offer to take the company private, saying it was unsolicited and that a deal would require various antitrust approvals and financing. “This initial proposal by CVC was completely unsolicited and not initiated by Toshiba,” board chairman Osamu […]
