Economy

Taiwan Minister of National Defense, Yen Teh-fa, issued a public apology concerning an outbreak of deadly coronavirus in a navy ship said to have toured the Pacific Ocean during in the course of last month. The minister said he is willing to resign. “I have asked President Tsai for punishment, and the president has asked […]

The Managing director of International Monetary Fund (IMF), Kristalina Georgieva, has expressed her views that the organization needs to step out of its comfort zone going out of its way so as to help in cushioning global economic plunge caused by coronavirus pandemic. According to a published post in the company’s website, Geirgieva says in […]

Parent company of search engine Google Alphabet Inc. (GOOGL) introduced a video calling tool to its services dubbed Meet. The video call tool launched in September last year and it has only been available for various institutions which have a Gmail.com account. Video conferencing services have been on high demand, Google has always maintained high […]

Indeed global breakout of deadly Coronavirus will be among the greatest pandemic the World will have experienced in the 21st Century if not the greatest. It’s no longer a question of whether the global economy will plunge but by how much will it. A confederation of independent charity organizations known as Oxfam has released a […]

Coronavirus pandemic seems to be affecting each sector of different economies without favor, it’s now clear different industries are being affected directly or indirectly by this untimely global pandemic. First it started by the airline industry and the hotel industry taking the heat generated by outbreak of deadly coronavirus since countries started suspending flights and […]

The Governor of New York, Andrew Cuomo, has confirmed that his brother, Chris Cuomo, has tested positive for the coronavirus disease. The Governor revealed this information on Tuesday and on this day, New York State recorded more than 9,000 new infections. With these new infections, total number of coronavirus cases in New York now stands […]

U.S based car manufacturer Ford Motor Co. (F) has announced its partnership with health care unit of General Electric (GE) to produce 50,000 ventilators in 100 days so as to combat break out of deadly coronavirus in the United States. In what stated as a non-alarming situation in the United States, Coronavirus has now emerged […]

On Wednesday the U.S Senate unanimously voted for a $2 trillion bill to assist in the fight against breakout of deadly coronavirus which is spreading in the United States more rapidly than anyone could have anticipated. Largely, this funds will be used to support unemployed peoples, purchase of critically needed medical equipment and injecting financial […]

Without a doubt outbreak of deadly coronavirus has and continues to affect the entire world in worst ways no one would have ever imagined. The effects of this epidemic are being felt in each sector of any given economy in the entire world. Widely used social media network Twitter Inc. (TWTR) has not been left […]