Blog Layout

HK police arrest 14 opposition activists

Hong kong protesters, thunberg nominated for nobel peace prize

Bloomberg Hong Kong police arrested 14 people on Saturday on suspicion of organising and participating in an unauthorised assembly in 2019, when months of pro-democracy protests upended life in the city. The police action was connected to unauthorised assemblies on August 18, October 1 and 20 in Hong Kong Island and Kowloon last year, Superintendent Lam Wing-ho said at a ...

Read More »

Buhari’s chief of staff dies after getting virus

Middle side dc abba kyari copy

Bloomberg Abba Kyari, chief of staff to Nigerian President Muhammadu Buhari and an ardent supporter of state intervention in the economy, has died. His age wasn’t disclosed. “The Presidency regrets to announce the passage of the Chief of Staff to the President, Mallam Abba Kyari,” presidential spokesman Garba Shehu said on Twitter. Kyari had been hospitalised in the commercial capital, ...

Read More »

Biden digital game outmatched by Trump in virtual race

Joe biden campaigns

Bloomberg President Donald Trump’s campaign boasts it needed just 24 hours to switch into virtual mode after coronavirus lockdowns ended his signature, high-energy rallies. For Joe Biden, who thrives on the personal connection of retail politics, the transition is taking much longer. Trump’s digital operation dominates the digital space in no small part thanks to the presidential bully pulpit and ...

Read More »

Indonesia tightens curbs on millions as virus cases spike

Bloomberg Indonesia has extended stricter social-distancing rules to millions of people living on the main island of Java, and in West Sumatra, as the world’s fourth-most populous nation strives to stem a spike in coronavirus cases. Large-scale social restrictions will be put in place across five regions in West Java that collectively house almost 9 million people, Health Minister Terawan ...

Read More »

The US Space Force is ready for takeoff, finally

Vice president mike pence chairs national space council meeting

The US Space Force — which has been dismissed variously as a fantasy, a presidential folly and a prospective Pentagon turf war — was finally set to launch for real on Saturday — as 86 newly minted space warriors graduate from the Air Force Academy. The surprise in this space startup, so far, is that most of the bad things ...

Read More »

New car models smell of disinfectant

Eu car sales down by 55.1 per cent in record virus related slump

Judging by the number of motor vehicles being stolen in New York City right now, cars have become no less desirable during a lockdown. Burglary rates aren’t a reliable economic indicator, but they’re far from the only sign that car demand could prove more resilient than might appear from recent record sales declines. If unemployment doesn’t surge even higher — ...

Read More »

Big holes in Trump’s state reopening plan!

President Donald Trump’s reopening guidelines for states are more cautious than you might expect from someone who consistently calls for a rapid return to economic activity. The “gating” metrics that states are supposed to meet before reopening are fairly robust: They should see a two-week downward trajectory of flu and Covid-like symptoms, and a two-week downward trajectory of documented cases ...

Read More »

The big government is bad for productivity

The coronavirus pandemic and its devastating effect on the US economy has ensured that big government—the one that’s already spending some $4.7 trillion in the current fiscal year—is poised to get even larger. As in past crises that led to massive government interventions, new initiatives will largely stay in place once the business downturn ends to the long-term detriment of ...

Read More »

Mass death affects US presidents; even Trump

Us president trump signs coronavirus rescue package

The US has surpassed 28,000 dead from Covid-19, which is almost certainly an undercount, and is bracing for more. President Donald Trump’s partisan and incoherent response — the sum of his positions is that he has both total authority and zero responsibility — has made the crisis more political than it might have been. Multiple governors have shown a better ...

Read More »

Amazon squeezes affiliates when they can least afford it

Dhl shipping center in rheinberg

The coronavirus pandemic has gutted many US businesses. Amazon.com Inc, of course, is one of the notable exceptions. The e-commerce giant is thriving as self-isolating consumers make more and more of their purchases online rather than risk Covid-19 infection by shopping outdoors. To illustrate the magnitude of the recent ramp-up, the company announced earlier this week it plans to hire ...

Read More »
Send this to a friend