Chinese President Xi Jinping told US President Donald Trump during a phone call on Friday that he hopes the United States will take substantive action to improve bilateral ties, China's foreign ministry said.
Britain has placed an emergency order of 10,000 ventilators designed at breakneck speed by bag-less vacuum cleaner company Dyson, the first fruits of an industry-wide call to arms to prepare for the looming peak of the coronavirus outbreak.
A British charity has teamed up with scientists to see whether dogs could help detect COVID-19 through their keen sense of smell, they said on Friday. Medical Detection Dogs will work with the London School of Hygiene and Tropical Medicine (LSHTM) and Durham University in northeast England to determine whether canines could help diagnoses.
Norway's sovereign wealth fund, the world's largest, has lost 1.33 trillion Norwegian crowns (US$124 billion) so far this year as stock markets have plunged due to the coronavirus pandemic, it said on Thursday.
As passenger demand evaporated around the world due to the COVID-19 pandemic, the International Air Transport Association (IATA) has warned airlines are fighting for survival. The airline association stated that airlines need $US200 billion in liquidity support as they face “apocalypse now.”
Spain extended its state of emergency for two more weeks to allow the government to extend stringent lockdown measures in a desperate attempt to contain the coronavirus. Spain reported 738 new deaths in one day on Wednesday while Italy announced 683. The two countries have the highest fatality rate in the global pandemic.
A new satellite system that could revolutionize mobile connectivity has been tested successfully, setting a new world record in the process, according to its inventor. Tyghe Spiedel is the co-founder of Lynk, a company that builds very small satellites designed to communicate with standard mobile phones.
The World Bank Group and International Monetary Fund have issued the following joint statement to the G20 concerning debt relief for the poorest countries:
By Gwynne Dyer – They teach you in journalism school never to use the phrase “…X has changed the world forever”. Or at least they should. Covid-19 is certainly not going to change the world forever, but it is going to change quite a few things, in some cases for a long time. Here’s eight of them, in no particular order.
Oil rose over 3% on Tuesday after the U.S. Federal Reserve said it would take steps to bolster the economy and on growing hopes the United States will soon reach a deal on a US$ 2 trillion coronavirus economic package.