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Category: World

Another 2.438 Million Americans File For Unemployment Benefits
World

Another 2.438 Million Americans File For Unemployment Benefits

First-time filings for unemployment insurance totaled 2.44 million last week as the tail effects of the coronavirus shutdown continued to…

byEkeminiMay 21, 2020
UAE Introduces New Coronavirus Penalties For Violators
World

UAE Introduces New Coronavirus Penalties For Violators

The United Arab Emirates revised penalties for those who violate rules and will implement expanded Covid-19 measures from Wednesday, officials announced on…

byEkeminiMay 20, 2020
The UK Just Sold Its First Ever Negative-Yielding Government Bond
World

The UK Just Sold Its First Ever Negative-Yielding Government Bond

he U.K. borrowed at a negative interest rate for the first time on Wednesday, amid growing fears of a deep…

byEkeminiMay 20, 2020
Lockdowns Lead To Drastic Fall In Carbon Emissions
World

Lockdowns Lead To Drastic Fall In Carbon Emissions

The coronavirus pandemic and associated lockdowns have resulted in a significant fall in worldwide carbon emissions, according to a new…

byEkeminiMay 20, 2020
The Pandemic Closed 90% Of The World’s Museums, And One In Eight May Never Reopen
World

The Pandemic Closed 90% Of The World’s Museums, And One In Eight May Never Reopen

Museums are starting to reopen in some countries as governments ease coronavirus restrictions, but experts warn that one in eight…

byEkeminiMay 20, 2020
Pandemic Could Cost Global Economy $82 Trillion In Depression Scenario
World

Pandemic Could Cost Global Economy $82 Trillion In Depression Scenario

How badly will the coronavirus pandemic impact the economy? Does $82 trillion sound not good? That is the scary number…

byEkeminiMay 20, 2020May 20, 2020
World Bank Extends COVID-19 Emergency Support To 100 Countries
World

World Bank Extends COVID-19 Emergency Support To 100 Countries

The World Bank on Tuesday said it had extended emergency support in the campaign against the COVID-19 pandemic to 100…

byEkeminiMay 20, 2020May 20, 2020
Trump ‘Considering’ Travel Ban After Brazil Suffers Deadliest Coronavirus Day On Record
World

Trump ‘Considering’ Travel Ban After Brazil Suffers Deadliest Coronavirus Day On Record

resident Donald Trump said he is considering imposing a travel ban on Brazil, following the South American country’s deadliest day…

byEkeminiMay 20, 2020May 20, 2020
Pence Says He Isn’t Taking Unproven Hydroxychloroquine Treatment For Coronavirus
World

Pence Says He Isn’t Taking Unproven Hydroxychloroquine Treatment For Coronavirus

Vice President Mike Pence said Tuesday he is not taking hydroxychloroquine as a preventive treatment for the coronavirus. “My physician…

byEkeminiMay 19, 2020May 19, 2020
Coronavirus: New Car Registrations In Europe Fall 76% In April
World

Coronavirus: New Car Registrations In Europe Fall 76% In April

European car sales fell dramatically in April as coronavirus lockdowns in the region closed car dealerships and brought a halt…

byEkeminiMay 19, 2020
Over 4 Million Americans Are Now Skipping Mortgage Payments
World

Over 4 Million Americans Are Now Skipping Mortgage Payments

Fewer Americans are calling their mortgage servicers to ask for relief from mortgage payments, but the housing industry isn’t out…

byEkeminiMay 19, 2020
Nigeria: Blue-Chip Firms Dominate As Investors Gain N37bn
World

Nigeria: Blue-Chip Firms Dominate As Investors Gain N37bn

Transactions on the floor of the Nigerian Stock Exchange on Monday halted marginal negative sentiment witnessed last Friday to begin…

byEkeminiMay 19, 2020May 19, 2020
Low Oil Demand Faces Further Threat From Electric Vehicles
World

Low Oil Demand Faces Further Threat From Electric Vehicles

Oil companies may be facing uncertainty as the coronavirus pandemic triggers a collapse in demand for their products, but auto…

byEkeminiMay 19, 2020
How Post-Pandemic Office Spaces Could Change Corporate Culture
World

How Post-Pandemic Office Spaces Could Change Corporate Culture

By now it’s very clear that the coronavirus pandemic will change the way we work in offices — perhaps indefinitely. Less…

byEkeminiMay 19, 2020
Coronavirus: UK Jobless Claims Increased By 70% in April
World

Coronavirus: UK Jobless Claims Increased By 70% in April

The number of people claiming unemployment benefits in the U.K. soared in April, as the coronavirus outbreak created mass job…

byEkeminiMay 19, 2020
Germany, France Propose 500 Billion-Euro EU Economic Recovery Fund
World

Germany, France Propose 500 Billion-Euro EU Economic Recovery Fund

The leaders of Germany and France proposed Monday a 500 billion-euro ($543 billion) recovery fund for European economies hit by…

byEkeminiMay 18, 2020
Japan Slips Into Recession As Coronavirus Takes Toll
World

Japan Slips Into Recession As Coronavirus Takes Toll

Japan has fallen into recession for the first time since 2015 as the financial toll of the coronavirus continues to…

byEkeminiMay 18, 2020
UK Aims To Roll Out 30 Million Doses Of Coronavirus Vaccine By September
World

UK Aims To Roll Out 30 Million Doses Of Coronavirus Vaccine By September

The U.K. could roll out 30 million doses of a Covid-19 vaccine as early as September, according to the British…

byEkeminiMay 18, 2020
As Oil Prices Continue To Slump, Saudi Arabia Increases Taxes And Cut Spending
World

As Oil Prices Continue To Slump, Saudi Arabia Increases Taxes And Cut Spending

Saudi Arabia’s economic downturn is about to worsen. Already reeling from the slump in oil prices and lockdowns to halt…

byEkeminiMay 17, 2020
A Month After Negative Oil Prices, U.S. Crude Contracts Expiry Looms
World

A Month After Negative Oil Prices, U.S. Crude Contracts Expiry Looms

A month after sellers had to pay nearly $40 a barrel to get rid of U.S. oil futures, the next…

byEkeminiMay 17, 2020
Italy Looks To Reopen Borders Next Month As Lockdown Measure Ease
World

Italy Looks To Reopen Borders Next Month As Lockdown Measure Ease

Italian Prime Minister Giuseppe Conte outlined a further loosening of movement restrictions on Saturday, including opening borders to travellers from…

byEkeminiMay 16, 2020
How The Pandemic May Change The Way We Grocery Shop
World

How The Pandemic May Change The Way We Grocery Shop

Gone are the days of leisurely browsing the aisles of grocery stores. Instead, customers are getting used to new grocery…

byEkeminiMay 16, 2020
Coronavirus: Millions Of Americans Could Retire Into Poverty
World

Coronavirus: Millions Of Americans Could Retire Into Poverty

Labor economist Teresa Ghilarducci began studying retirement in 2008, when the Great Recession was making it impossible for millions of Americans to…

byEkeminiMay 16, 2020
How Would Negative Interest Rates Affect Mortgages?
FeaturesTipsWorld

How Would Negative Interest Rates Affect Mortgages?

The Federal Reserve hasn’t left itself much room to keep using interest rates to battle the coronavirus, which Fed Chairman…

byEkeminiMay 16, 2020May 16, 2020
Trump Administration Reportedly Set To Restore Partial Funding To World Health Organization
World

Trump Administration Reportedly Set To Restore Partial Funding To World Health Organization

U.S. President Donald Trump’s administration is set to restore partial funding to the World Health Organization, Fox News reported late on Friday, citing a…

byEkeminiMay 16, 2020
China Asks United States To Stop ‘Unreasonable Suppression’ Of Huawei
World

China Asks United States To Stop ‘Unreasonable Suppression’ Of Huawei

China’s foreign ministry said on Saturday the United States needed to stop the “unreasonable suppression” of Chinese companies like Huawei. The…

byEkeminiMay 16, 2020
House Democrats Pass $3 trillion Coronavirus Relief Package
World

House Democrats Pass $3 trillion Coronavirus Relief Package

House Democrats on Friday passed a $3 trillion coronavirus relief package, unprecedented spending Senate Republicans have pledged to block as…

byEkeminiMay 16, 2020
Mike Bloomberg Plots Spending Blitz To Support Joe Biden’s Run For President
World

Mike Bloomberg Plots Spending Blitz To Support Joe Biden’s Run For President

Billionaire and former presidential candidate Mike Bloomberg is plotting a massive spending blitz to back Joe Biden’s quest for the…

byEkeminiMay 15, 2020
Could Jeff Bezos Really Become The World’s First Trillionaire By 2026?
World

Could Jeff Bezos Really Become The World’s First Trillionaire By 2026?

Jeff Bezos is already the world’s wealthiest person by a healthy margin and he’s the founder and CEO of one…

byEkeminiMay 15, 2020
Saudi Oil Rush Threatens To Disrupt Stabilizing U.S. Market
World

Saudi Oil Rush Threatens To Disrupt Stabilizing U.S. Market

An armada of tankers filled with Saudi Arabian crude steaming toward the U.S. threatens to prevent America’s oil glut from…

byEkeminiMay 15, 2020

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