WORLD


Proponents of lab escape can explain all the available facts about SARS2 considerably more easily than can those who favour natural emergence, said Nicholas Wade, a science writer.   Writing in the Bulletin of Atomic Scientists, Wade said, "For the lab escape scenario, a Wuhan origin...

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Moneylife Digital Team 20 May 2021
The European Commission (EC) has levied a total fine of 371 million pounds on Bank of America, Natixis, Nomura, RBS (now NatWest), UBS, UniCredit and WestLB (now Portigon) for breaching antitrust rules of the European Union (EU) through participation of a group of traders in a cartel in the...

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As Covid-19 spread around the world, stock markets across countries took a major hit, yet markets in China where the disease first struck avoided significant falls, a new study has shown.   Researchers at Lero, the Science Foundation Ireland Research Centre for Software based at the...

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Recent findings in a report in an Australian daily has yet again reinforced the call that international investigators must dig deeper to rule out whether COVID-19 is a made-in-China bio-weapon.   The controversy about COVID-19 origins has resurfaced after the Weekend Australian...

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The US has backed the request by India and South Africa to the World Trade Organization (WTO) to waive Intellectual Property rights for Covid-19 vaccines but it has been met with oppostion from some members of the body.   US Trade Representative Katherine Tai announced the decision on...

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In a significant development, the independent Oversight Board on Wednesday upheld Facebook's decision on January 7 to suspend then US President Donald Trump from its main platform and Instagram.   The Board found that Trump's posts severely violated Facebook's rules, and his words of...

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Ryan Gabrielson (ProPublica) 04 May 2021
The vaccine rollout was meant to prioritize vulnerable communities, but four months of data shows healthier — and often wealthier — counties have been faster to vaccinate.   As the U.S. rushes to vaccinate its population against the coronavirus, most counties with the sickest...

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Allan Sloan  and   Cezary Podkul (ProPublica) 28 April 2021
The US Federal Reserve’s low-interest-rate policies have stabilized the economy and turbocharged the stock market. But those who don’t own lots of stocks haven’t benefited anywhere near as much as those who do.   Ever since the COVID-19 pandemic struck, the Federal Reserve has gotten...

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In what could be another Autopilot mode failure, two people were killed in a fiery Tesla crash in Texas with no one in the driver's seat.   Harris County Precinct 4 Constable Mark Herman told Houston television station KPRC 2 that the investigation showed "no one was driving" the...

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Sunil Mahajan 14 April 2021
The distinctive geopolitical story of recent times has been the inexorable rise of China as a superpower and the conflict with the US for global supremacy. Unsurprisingly, there are divergent views on how the rivalry may play out.    Some people believe a war between the two nations...

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Controversial Bollywood actress Mamata Kulkarni's husband Vicky Goswami extradited by the US Drug Enforcement Administration (DEA), leaves a trail of several drug traffickers from the Indian sub-continent which are presently wanted by Washington.   While Goswami is jailed in New York,...

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Credit Suisse has taken a hit of around $4.7 billion because of the default by a major US-based hedge fund on margin calls.   "While our financial results are still subject to detailed finalisation and review, we would expect to report a pre-tax loss for 1Q 2021 of approximately...

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J David McSwane (ProPublica) 02 April 2021
House Democrats investigating the COVID-19 response say Trump adviser Peter Navarro pressured agencies to award deals worth hundreds of millions of dollars.   A top adviser to former President Donald Trump pressured agency officials to reward politically connected or otherwise...

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Facebook has kicked off former US President Donald Trump for the second time from its platform as he tried to evade the ban by posting an interview via a Facebook Page in the name of his daughter-in-law Lara Trump.   Lara is married to Eric Frederick Trump, third child and second son...

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Mahesh Natani 30 March 2021
During the past few days, the rising yield of the 10-year US treasury has attracted the attention of the bond and stock investors all over the world. The yield in a very short period of 75 days had crossed the level of 1.75% on 18th March, creating panic among investors in bonds and growth...

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The container ship that blocked the Suez Canal has been freed and is now on the move.   Reports said the Ever Given was under way and heading for the Great Bitter Lake further along the canal, about 45km away. Boskalis, the salvage company involved in the rescue, said the ship would...

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Joaquin Sapien  and   Joshua Kaplan (ProPublica) 17 March 2021
More than 15 hours of testimony failed to answer fundamental questions about the Capitol attack. Among them: Why national security officials responded differently to BLM protesters than to Trump supporters.   After two weeks of congressional hearings, it remains unclear how a...

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Jack Gillum  and   Justin Elliott (ProPublica) 25 February 2021
Amid a 2018 Turkish military campaign, Facebook ultimately sided with Turkey’s demand to block the page of a mostly Kurdish militia. “I am fine with this,” Sandberg wrote. As Turkey launched a military offensive against Kurdish minorities in neighboring Syria in early 2018, Facebook’s top...

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Lydia DePillis (ProPublica) 18 February 2021
A mountainous backlog of paperwork at the IRS continues to wreak havoc on America’s tax collection system — which especially hurts lower-income filers.   Kathy Brenneman hears plenty of taxpayer horror stories in her receptionist’s job at a tax preparation service in Waldorf,...

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Nikhila Natarajan (IANS) 05 February 2021
The regulators are coming for 'Roaring Kitty'. Keith Gill, the man in a red bandana whose enthusiasm for video game retailer GameStop drove millions of his devotees to buy up the stock and take it "to the moon", is under investigation in his own backyard.   Gill is facing an inquiry...

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