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Coronavirus Send Political, Economic Shockwaves Beyond China

The fast-spreading new coronavirus that originated in the Chinese city of Wuhan is, at its most immediate level, a public health crisis. But it is also much more than that. As governments struggle to contain the epidemic, the virus is already having economic ramifications in China and around the world. That’s the second level of

Israeli Soldier Wounded In Third Terrorist Attack

An Israeli soldier was lightly wounded in a drive-by shooting in Israel’s Benjamin region on Thursday, in the third terrorist attack in the country in fewer than 24 hours. The soldier was reportedly manning a guard post at a junction in the area, not far from Jerusalem, when he was hit. According to first responders,

13 killed In Aswan Road Accident

Thirteen people were killed and seven injured Thursday when a bus and a truck collided on a highway in Egypt’s southern Aswan province, a health official said. Ihab Hanafy, a health ministry undersecretary, said the bodies were transferred to the morgue of a local hospital and the injured were receiving treatment. Thursday’s collision was the second road accident in

Man Arrested For Banging Woman To Death

The Abu Dhabi Criminal Court adjourned to Monday (Feb.17), the case of an Asian charged with the attempted murder of an Arab woman after he banged her against a wall several times. The Public Prosecution charged the suspect with attempting to murder the victim by banging her against a wall, besides stealing her mobile phone

Mortgage Lending Volumes Rise 11% At Stonebridge

Mortgage and insurance network, Stonebridge, has announced record mortgage completions of £8bn in 2019, with lending volumes up by 11%. Despite what the network described as ‘extraordinary market conditions’ and a contraction in overall UK gross lending, Stonebridge mortgage application case numbers were up by 5% on the previous year. Protection volumes for the network

China Halves Tariffs On Some US Imports As It Scrambles To Prop Up The Economy

China has halved tariffs on US imports worth tens of billions of pounds as Beijing scrambles to prop up its coronavirus-stricken economy. Stock markets extended their recovery after China pulled back on tariffs slapped on 1,717 American products during the trade spat between the two powerhouse countries, amid growing concerns about the economic impact of its lockdown following

There Are No Antibiotics In Our Fish, Says Producer Banned From Russia

A Chilean salmon producer whose fish have been temporarily banned from Russia has insisted the company’s products don’t contain the traces of antibiotics allegedly found by Russian laboratory tests Salmones Aysén is one of four Chilean producers whose salmon were blocked from sale by Russian veterinary authority Rosselkhoznadzor last Friday. The others are Mowi Chile, Yadrán

Tron’s Justin Sun (Finally) Gets $4.5M Dinner With Warren Buffett

The TRON Foundation announced Thursday that Sun met the chairman and CEO of Berkshire Hathaway for dinner, at Buffett’s suggestion, at a private country club in his home city of Omaha, Neb., on Jan. 23. Sun brought several guests including Litecoin creator Charlie Lee, eToro CEO Yoni Assia, as well as the CFO of Huobi,

Crude Oil Picks Up, Euros Nears Important Support, Equities Remain Bouyant

US crude oil is battling back after hitting a one-year low this week on a combination of OPEC+ talk and Chinese tariff news. OPEC+ is mooting production cuts of 600k barrels a day in order to balance out lost demand caused by the Chinese flu outbreak. In addition, overnight news that China would halve a range

Lords Committee Investigates Extension Of Working Rules

The House of Lords Finance Bill Sub-Committee has launched an inquiry into government plans to introduce off-payroll working rules for the private sector, with concerns about whether the impact has been fully assessed. The inquiry will focus on the government’s proposal to extend the off-payroll working rules to large and medium-sized organisations in the private

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