South Africa has announced more than 12,000 new confirmed coronavirus cases as the total in one of the world’s worst affected countries reaches 434,200 with 6,655 deaths. South Africa makes up well over half the confirmed cases on the African continent, where experts say the virus could smoulder in areas …
Read More »Venezuela Prepares to Challenge BoE Ruling on Its Gold Bullion After Winning Right to Appeal
On July 2, the High Court of Justice in London ruled against Caracas in a battle for over $1.13 billion in gold stored in the Bank of England’s coffers, arguing that the British government’s recognition of opposition leader and self-proclaimed ‘interim president’ Juan Guaido gave him the right to dispose …
Read More »Completion of Nord Stream 2 to Cut Europe Gas Prices by 25%, Consulting Company Says
European prices for natural gas would drop by about one quarter if the Nord Stream 2 pipeline connecting Russia to Germany were completed, the consulting firm Wood Mackenzie said in a report on Friday. If Nord Stream 2 remains unfinished, European benchmark TTF gas is expected to average about $4 …
Read More »US plans to build nuclear reactors for the MOON & MARS to host ‘sustainable human presence’
The US is planning to construct nuclear reactors for use on the Moon and on Mars that would allow humans to inhabit them for long periods of time – and it’s asking for help from the private sector to do it. Washington wants to have a “fission surface power system” …
Read More »Record numbers of coronavirus cases in every global region: Reuters tally
Almost 40 countries have reported record single-day increases in coronavirus infections over the past week, around double the number that did so the previous week, according to a Reuters tally showing a pick-up in the pandemic in every region of the world. The rate of cases has been increasing not …
Read More »World shares retreat on rise in Sino-US tensions
Global shares skidded further from five-month peaks on Friday as a bounce-back in European business activity did little to ease the jitters surrounding Sino-U.S. tensions, while gold approached a record high. The mood darkened after Beijing ordered the United States to close its consulate in Chengdu, in retaliation for being …
Read More »Golden sovereign: Which countries have the most gold reserves?
Considered a ‘safe haven’ during crises, the yellow metal is being stockpiled by central banks around the world, adding 650 tonnes to their reserves in the last year. In times of uncertainty, gold has long been touted as a ‘safe haven’ – and never more so than during times of …
Read More »South Korea enters recession as exports plunge by most since 1963
South Korea slipped into a recession in the second quarter in its worst economic decline in over two decades as exports plunged due to the coronavirus pandemic. As social distancing curbs paralyzed factories in South Korea, the country’s economy shrank by a seasonally adjusted 3.3% in the June quarter from …
Read More »High Oil Prices With The Start Of “OPEC +” Coalition To Implement Reduction Agreement
Brent crude contracts for September delivery rose today, Thursday, by 0.4 percent to trade at 44.5 dollars a barrel, thanks to the start of the “OPEC +” coalition countries to implement the agreement, which requires a historic reduction of 9.7 million barrels per day, immediately after sharp declines in oil …
Read More »TikTok could be sold to American investors to avert US ban, reports say
Could an American takeover of TikTok save it from being locked out of the United States? US investors are reportedly considering buying the video-sharing app from Chinese parent company ByteDance in an effort to save TikTok’s sizeable foothold in America. A group of investors, including venture capital firms Sequoia and …
Read More »Hackers try to steal £1m transfer fee during football club cyber attack, report.
Hackers froze turnstiles at a football game and tried to steal a £1m club transfer fee in recent cyber attacks on UK sport, a new report has revealed. Cybercriminals hacked the emails of a Premier League club’s managing director during a transfer negotiation and would have been able to pocket …
Read More »China successfully launches first Mars mission – In Pictures
China launched a Mars probe on Thursday, aiming to complete orbiting, landing and roving in one mission, and taking the first step in its planetary exploration of the solar system. A Long March-5 rocket, China’s largest launch vehicle, carrying the spacecraft with a mass of about 5 tonnes, soared into …
Read More »Global COVID-19 cases top 15 mln: Johns Hopkins University
Global confirmed COVID-19 cases topped 15 million on Wednesday, reaching 15,000,424 as of 16:35 GMT, according to the Center for Systems Science and Engineering (CSSE) at Johns Hopkins University. A total of 617,832 people worldwide have died of the disease, the data showed. The United States has suffered the most …
Read More »Multi-planet system around sunlike star photographed for the 1st time
For the first time ever, astronomers have directly imaged multiple planets orbiting a sun-like star. The European Southern Observatory’s Very Large Telescope (VLT) in Chile photographed two giant planets circling a very young analogue of our own sun that lies about 300 light-years from Earth, a new study reports. “This …
Read More »Pfizer in Pact with US for 100 Million COVID-19 Vaccine Doses
The U.S. agreed to pay $1.95 billion for 100 million doses of a vaccine made by Pfizer Inc. and BioNTech SE, the government’s latest step to lock up supplies to fight the pandemic. The U.S. will pay the companies when it receives the doses, following regulatory authorization or approval, according …
Read More »Oil falls as U.S. posts surprise rise in crude inventories
Oil prices fell on Wednesday as U.S. government data showed a surprise rise in U.S. crude inventories and as tensions escalated between the United States and China. Brent crude fell 55 cents, or 1.2%, to $43.77 a barrel by 10:56 EST (1456 GMT). U.S. West Texas Intermediate (WTI) crude dropped …
Read More »Apple ‘adding periscope telephoto lens to iPhones’ – reports
Apple will be adding a periscope telephoto lens to iPhones in the near future, potentially dramatically increasing the camera’s zoom capabilities, according to reports. Respected analyst Ming Chi Kuo, who has predicted a number of new Apple features, says South Korean lens-maker Semco will be providing periscope lenses for Apple. …
Read More »Magnitude 7.8 earthquake hits near Alaska peninsula: USGS
An earthquake of magnitude 7.8 struck off the south-south eastern coast of the Alaskan peninsula on Tuesday, according to the U.S. Geological Survey (USGS). The quake, with an epicenter at a depth of 10 km (6 miles), prompted the U.S. National Tsunami Warning Center to issue a tsunami warning for …
Read More »Twitter will suspend accounts tweeting about conspiracy theory group QAnon
Twitter Inc said on Tuesday it would permanently suspend accounts that violate its policies while tweeting about QAnon, a fringe group that claims “deep-state” traitors are plotting against President Donald Trump. Twitter, which announced the change on its Twitter Safety page, said it would not serve content and accounts associated …
Read More »Global coronavirus cases exceed 15 million
Global coronavirus infections surged past 15 million on Wednesday, according to a Reuters tally, with the pandemic gathering pace even as countries remain divided in their response to the crisis. In the United States, which has the highest number of cases in the world with 3.91 million infections, President Donald …
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