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China Drops Annual GDP Target for the First Time Since 1990

China world’s second largest economy has dropped its Gross Domestic Product (GDP) target for the year citing massive disruptions of economic activities caused by breakout out of deadly coronavirus. This is the first time ever China is completely withdrawing its annual growth targets. China’s Premier Li Keqiang presented his report to the parliament, unfortunately the […]

Trump Threatens to Permanently Cut WHO Funding

U.S President Donald Trump has reignited his war with the World Health Organization (WHO) this time threatening to permanently cut out U.S funding to the organization if WHO will not commit to improvements within 30 days. In the letter addressed to WHO’s Chief, Dr. Tedros Adhanom Ghebreyesus and posted on Twitter, Trump further threatens to […]

TikTok Poaches New CEO From Walt Disney

China based video sharing social networking platform TikTok has poached Chief of streaming in mass media and entertainment company Walt Disney Co. (DIS) Kevin Mayer as its new Chief executive officer. TikTok which is owned by China ByteDance Technology Co announced the news further clarifying the incoming CEO will be assuming office in June 1. […]

Pompeo Warns China Against Interfering With American Journalists in Hong Kong

U.S Secretary of State Mike Pompeo has issued a warning to China against interfering with U.S journalists based in Hong Kong. Pompeo says any negative interference by China to the journalists will greatly impact assessment of Hong Kong status by the U.S. “These journalists are members of a free press, not propaganda cadres, and their […]

U.S to Increase Jobless Benefits as Unemployment Bites Deeper

By now the question is no longer has coronavirus pandemic caused unemployment in economies across the world but rather by how much are economies experiencing rise in unemployment rates attributed to the pandemic. The pandemic has increased elasticity in the U.S labor market as millions of workers have lost their jobs in the country since […]

Coronavirus Pandemic Slumps UK Economy by a Record 5.8%

Indeed global breakout of coronavirus has taken a toll in each economy globally, every economy has been affected by the pandemic in one way or another some affected more than others. This is generally captured by how various sectors in economies are performing dismally further seeking bailouts if they are to resume normal operations. The […]

Twitter Adds Labels on Tweets With Misleading Information on Coronavirus

Social network Twitter Inc. (TWTR) will be introducing labels and warning messages on tweets containing misleading or disputed information concerning coronavirus pandemic. The company made the announcement further adding this new approach will be extended to other topics in due time. In scenarios where the risk of harm is relatively high, the new label on […]

Musk Reopening California Factory Says He’s Ready to be Arrested

Billionaire Chief executive of U.S electric car maker Tesla Inc. (TSLA) Elon Musk announced he will be reopening the company’s factory in California to resume normal production activities. This is the only factory the electric vehicle manufacturer has in the United States. Reopening the factory would mean defying orders from county’s health authorities directing the […]

Trump’s Administrations in Talks With Chip Makers to Build Factories in U.S

Insider sources from chip manufacturing companies have revealed that the government of United States is holding talks with chip making companies concerning the companies building manufacturing factories in the country. William Moss, spokesman of Intel Corp (INTC) revealed the company was in discussion with United States Department of Defense, the two parties are discussing on […]

President Trump Spending $10 Million on Ads for Re-election Campaigns

Incumbent U.S President Donald Trump officially launched his re-election campaign in upcoming U.S Presidential election set to happen later in the year. Republican President Trump will be taking Democratic nominee and former U.S Vice President Joe Biden head on in the election. According to an insider source who sought anonymity, Trump will be spending a […]