China holds emergency talks with chip firms after U.S. curbs -Bloomberg News
China’s Ministry of Industry and Information Technology convened a series of emergency meetings over the past week with leading semiconductor companies, seeking to assess the damage from the U.S. chip restrictions, Bloomberg News reported on Thursday.
EU gas price rockets higher after Russia halts Nord Stream flows
European gas prices rocketed as much as 30% higher on Monday after Russia said one of its main gas supply pipelines to Europe would stay shut indefinitely, stoking renewed fears about shortages and gas rationing in the European Union this winter.
Ghana delivers biggest rate hike ever at emergency meeting
Ghana’s central bank on Wednesday delivered its biggest rate hike ever, a 300 basis point increase to 22%, at an emergency meeting to address the economy’s rapid deterioration amid crippling inflation.
Analysis: After inflation, a bond supply shock may be next for markets
Central banks, the developed world’s most reliable group of bond buyers, could slash debt purchases next year by as much as $2 trillion across the four big advanced economies, implying a potentially hefty rise in many governments’ borrowing costs.
EU countries splinter ahead of crisis talks on energy price spike
Divisions have deepened among European Union countries ahead of an emergency meeting of ministers on Tuesday on their response to a spike in energy prices, with some countries seeking a regulatory overhaul and others firmly opposed.
Japan faces longer state of emergency, casting doubt on Olympics
The Japanese government is considering extending a coronavirus spurred state of emergency in Tokyo and other major urban areas, a move that could cast doubt on the planned Summer Olympics. Officials were leaning toward an extension of the measures in Tokyo, Osaka, Kyoto and Hyogo prefectures beyond May 11 as the country battles a surge […]
Tornado rips through Mississippi, damages buildings, power lines
A tornado tore through the southern U.S. city of Tupelo on Sunday, blowing the roofs off homes and tearing down trees and power lines, but there were no immediate reports of injuries. “Emergency crews are currently assessing the degree of damage,” the mayor’s office said in a statement on Facebook, urging people to stay in […]
Another Disaster struck by the Novel Coronavirus & Another Nation is in Shock.
Covid-19 cases are on the rise once more. Vanuatu, a Pacific island country, has reportedly limited all of its external relations. They made the decision after discovering a body washed up on the beach that tested positive for Covid-19. It was covered by Radio New Zealand. The alleged body was of a Filipino fisherman, as […]
Japan to lift Tokyo area state of emergency as planned on Sunday
TOKYO (Reuters) – The Japanese government’s advisory panel on coronavirus measures approved on Thursday a plan to let the state of emergency expire in the Tokyo area as scheduled on March 21, while the capital’s governor warned citizens not to let down their guard.
