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Korean Firms Send Coronavirus Test Kits to US
Two weeks ago, three test kit-makers in South Korea received interim approval from the U.S. FDA. "We are grateful to our Republic of Korea partners for assisting the United States in procuring COVID-19 tests, and for its support to the people of the United States", the official told Yonhap News Agency. [Full Article...]
US Navy planes fly near Taiwan 12 times in 3 weeks
The current location and destination of the carrier group is unknown, but Taiwan has sent its own vessels to monitor them. On Monday, a U.S. Navy sailor died after contracting the coronavirus, marking the first death of a sailor assigned to the coronavirus-stricken aircraft carrier Theodore Roosevelt. [Full Article...]
China downplays African evictions on coronavirus, blames USA media
He said that information made available to him by the African consulates and the Chinese authorities when he sought clarification on the trending videos of alleged discriminatory practises against Africans have revealed that half truths were contained in the videos. [Full Article...]
Nigeria Heading Into Worst Recession In 30 Years
The lower-than-expected exchanges with traditional trade partners like China and the United States will also take a toll on the Latin American economy as Mexico and Central America rely heavily on the USA economy for trade and remittances, while South America has close ties with China through investment and trade in raw materials, he noted. [Full Article...]
Travellers to Canada now required to have self-isolation plan
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The federal government will pay the costs. "For us in the North, we don't have the luxury of having a huge selection of businesses that do the same thing". Each province is experiencing the disease differently, he added. "It's going to go out near immediately", he said. Trudeau also announced over $130-million in aid for Canada's North. [Full Article...]
Barack Obama Officially Endorses Joe Biden For President
From his campaign launch video onward, the legacy of his eight years in the White House with Obama was at the core of his argument for voters. He rarely talks directly about his successor, President Donald Trump , and avoided intervening in the Democratic primary. [Full Article...]
Nigeria heading into its worst recession in 30 years, says International Monetary Fund
Gopinath acknowledged that countries are taking on massive amounts of debt to fund health and economic rescue efforts, but said debt-to-GDP levels should begin to stabilize next year. But in the latest outlook, it expected 5.9% economic contractions in the U.S. and 7.5% in the 19-country Euro zone. China, world's second-biggest economy where the pandemic originated, is expected to eke out 1.2% g... [Full Article...]
Bitcoin to Face Stronger Global Recession Than In 2009, IMF Forecast Shows
As a whole, the Middle East and North Africa economy, which grew by just 1.0 per cent past year, is projected to rebound by 4.2 per cent in 2021, the report said. The IMF pointed out that much depends on whether the virus remains contained in the world's second largest economy and whether further Chinese authorities end up having to implement further lockdown or social distancing measures. [Full Article...]