Economy

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 […]

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 […]

Columbia Removes Contact Tracing Feature from Official App

Columbia has dropped the contact tracing feature from its official app used to inform country’s residents about developments on coronavirus pandemic. The country says main reason behind the move is technical hitches in the contact tracing feature. Government officials told reporters that they will be engaging tech firms Apple Inc. (AAPL) and Alphabet Inc’s. (GOOGL) […]

Apple Taps Into Federal Reserve’s Cheap Debt

IPhone manufacturer Apple Inc. (AAPL) has decided to tap into emergency measures provided by the Federal Reserve to cushion the United States economy against plunge inflicted by breakout of coronavirus pandemic. Under the measures, Apple tapped into these cheap debt measures by issuing cheaper bonds in the markets with an aim of using the cash […]

Google and Apple Forbid Use of Location Data in Contact Tracing

Not long ago, leading tech giants Alphabet Inc. (GOOGL) and Apple Inc. (AAPL) joined fight against global breakout of deadly coronavirus by use of technology. The tech companies introduced apps that would help individuals know when they have been exposed like maybe when they come into contact with infected persons or high risky areas. This […]

Pompeo Has Enough Evidence to Prove COVID-19 Emanated From Chinese Lab

The United States and China have been at logger heads concerning origin and breakout of deadly coronavirus. It all started by U.S accusing China of developing the virus in a Wuhan lab covering evidence and silencing involved sources. In response for a while, China lynched the same accusations towards the U.S claiming the U.S military […]

German Changes Stand on Tech Used by Apple and Google to Combat COVID-19

Two weeks ago, two leading American tech companies Apple Inc. (AAPL) and Alphabet Inc. (GOOGL) announced a partnership working together on a smartphone technology that will help in tracing of persons infected with coronavirus. Additionally, the technology will be notifying non infected persons once they come into contact or near persons who had earlier been […]