Number of people who had been testing positive for the coronavirus has been topping the 300,000 people as this pandemic is continuing to be increase all over the world as the situation in Italy, Spain and United States as they deteriorate even with the pandemic stabilizing in the regions of China, where the virus had…
G20 Officials Call For Unified Action To Tax Leading Tech Companies
G20 officials on Saturday called for leading global economies to join hands and fight against “tax optimization” practiced by leading tech companies to lower the amount they have to pay in taxes. The Organisation for Economic Corporation and Development (OECD) has proposed a new taxation system fo leading tech companies like Facebook, Amazon, and Google,…
Herd Immunity for countering the coronavirus
The herd immunity for the lack of the other therapeutic treatments or any vaccine for the coronavirus has suggested that there is a safety in numbers. The physicians have said that the reality is actually a lot more complex. The chief scientific adviser of the United Kingdom has said that the herd immunity is the…
H-E-B across this region going to open and close earlier
The stores of H-E-B all across the region of Texas are going to be opening and closing earlier till further notice has been given as per the announcement of the chain. The stores are going to be opening from the opening time of 8 a.m. and will be closing from 8 p.m. This change is…
CONGRESS ACTING FAST IN THEIR RESPONSE TO CORONAVIRUS
The Congress has been acting fast in its response to the epidemic of coronavirus and it is faster than what the Congress thinks. Nancy Pelosi and President Trump had made an agreement on the spending will that had been passed before anyone could know the cost of it or had time for the reviewing of…
Coronavirus putting the brakes on exceptional decade for servers
Apart from a few potholes which exist and the odd times when hyperscalers and the cloud builders tapped brakes, this has been an exceptional decade for the servers. However because of the coronavirus outbreak and a few issues structurally with the sections of global economy, there is no time to pretend that the economies are…
Oil falls 2% on renewed uncertainties over coronavirus outbreak
The global economy is taking a hit due to the rise of the coronavirus outbreak. The crude oil industry seems to have also been affected by the virus outbreak which has claimed lives of thousands already in Asia. There has been fresh news of casualties in the East-Asian countries like China. Due to this the…
Plague of locusts threatens East African economies as UN sounds alarm
The most noticeably awful desert insect invasion in 70 years is assaulting East Africa, possibly imperilling economies in a locale intensely subject to horticulture for nourishment security. As of late, insect swarms have started to affect South Sudan, Uganda and Tanzania, having just annihilated harvests all through Ethiopia, Kenya and Somalia, Eritrea and Djibouti. The…
Major events cancelled in Asia due to the spread of the coronavirus
The shares in Asia have slipped in Asia on this Thursday as the impact of the coronavirus which had begun in China has begun to deepen with Apple making a statement that it is going to fail in meeting their profit target and also the news of China postponing or in some cases cancelling their…
IMF says lack of deeper improvement in economies hindering growth
International Monetary Fund head has said that the lack of deeper improvements in the economic system of the world has been hindering what has already been an anemic outlook of growth for the world particularly as coronavirus shock has further made the prospects of a pickup in the year be lower. The monetary space has…