Sony teased Thursday which games will be available to play on its upcoming next-gen PlayStation 5 console and finally revealed the device’s new design. Sony showed two versions of the PlayStation 5: a standard one, and a “Digital Edition” that does away with the console’s disc drive. Without the disc …
Read More »US national debt hits $ 26 TRILLION, soaring by $ 1 trillion just in one month
The latest data from the Treasury Department shows that the US gross national debt has exceeded $26 trillion for the first time, as the nation grapples with economic relief from the Covid-19 pandemic. The national debt is up from $23.5 trillion in March, with an increase of $1 trillion since …
Read More »Microsoft joins Amazon, IBM in pausing face scans for police
Microsoft has become the third big tech company this week to say it won’t sell its facial recognition software to police, following similar moves by Amazon and IBM. Microsoft’s president and chief counsel, Brad Smith, announced the decision and called on Congress to regulate the technology during a Washington Post …
Read More »NASCAR bans Confederate flag from its races, venues
As the nation attempts to renew race relations in the wake of the death of George Floyd in police custody, NASCAR says the Confederate flag is now no longer welcome in the stock car series. For more than 70 years, the Confederate flag was a common and complicated sight at …
Read More »Oil prices set for the worst daily drop since April
Oil prices slumped on Thursday, dragged down by another record build-up in U.S. crude inventories and the U.S. Federal Reserve’s projections that the world’s biggest economy would shrink 6.5% this year. Brent crude LCOc1 futures erased Wednesday’s gains, falling 6.6%, or $2.74, to $38.99 a barrel by 1342 GMT. U.S. …
Read More »Another 1.5 million Americans filed for first-time unemployment benefits last week
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening. The latest figure from the Labor Department marked the 10th straight weekly decline in applications …
Read More »First human trials begin for antibody cocktail that might treat and prevent Covid-19
A medicine that may treat and prevent Covid-19 is now being tested in patients in multiple sites around the United States, according to an announcement Thursday from Regeneron Pharmaceuticals Inc. It is the first trial of a Covid-19 antibody cocktail in the United States. If successful, Regeneron hopes it could …
Read More »Pandemic ‘accelerating’ in Africa, test kits needed, WHO says
The coronavirus pandemic is “accelerating” in Africa, spreading from capital cities where it arrived with travelers, but it does not appear that severe cases and deaths are being missed, the World Health Organization (WHO) said on Thursday. Ten countries are driving Africa’s epidemic, accounting for 75% of some 200,000 cases …
Read More »Lionel Messi chases 11th La Liga title as Spanish football resumes
“Our duty was to come back prepared for this moment. It was tough, but we’ve made it.” That is how La Liga president Javier Tebas describes the return of the top division of Spanish soccer. Spain has recorded a total of over 240,000 confirmed cases of Covid-19, including over 27,000 …
Read More »Coronavirus: US passes two million cases as states report rise
The US surpassed 2 million confirmed coronavirus cases Wednesday night as new hotspots emerge and hospitalizations go up in some states. More than 112,000 people have died from Covid-19 nationwide, according to Johns Hopkins University. The spike in numbers highlights how complicated it is to stop the spread of the …
Read More »The UK faces a deeper recession than any other developed country, OECD warns
The UK’s economy is likely to be the worst affected among developed countries due to coronavirus, a major think tank has warned. The Organisation for Economic Co-operation and Development (OECD) said Britain’s economy was likely to slump by 11.5% in 2020 – above the slumps expected for other developed nations …
Read More »Federer to miss rest of 2020 season after injury setback
Roger Federer has announced he will not play tennis again this year after undergoing further surgery on his right knee. The 20-time grand slam champion had been recovering from surgery he underwent in February but suffered a setback in his pursuit of fitness a few weeks ago. “I had to …
Read More »49 Million People May Fall into Extreme Poverty this Year Due to Covid-19: UN Chief
Nearly 49 million more people are likely to fall into extreme poverty this year due to the COVID-19 crisis and every percentage point drop in the global GDP would mean hundreds of thousands of additional children will have stunted growth, UN chief Antonio Guterres has warned, calling on countries to …
Read More »Oil falls towards $40 as U.S. inventory rise revives glut worries
Oil fell more than 1% towards $40 a barrel on Wednesday after a report showed a rise in crude inventories in the United States, reviving concerns about oversupply and weak demand due to the coronavirus crisis. The report from the American Petroleum Institute, an industry group, said crude stocks rose …
Read More »Saturn’s moon Titan is rapidly migrating away from the planet
Titan, Saturn’s largest moon, is moving away from its planet a hundred times faster than previously established, according to a new study. The giant moon isn’t alone in this behavior; other moons among the 150 known moons in our solar system are also slowly distancing themselves from the planets they …
Read More »China removes pangolin scales from traditional medicine list
The Chinese government has removed pangolin scales from its 2020 list of approved ingredients used in traditional Chinese medicine, a move campaigners describe as a “critical step” towards saving the world’s most trafficked mammal. Pangolins are scale-covered insectivores, about the size of a house cat, that is highly valued in …
Read More »WHO: clarifies remarks on ‘very rare’ asymptomatic Covid-19 spread
World Health Organization expert Maria van Kerkhove says people with coronavirus are most infectious just at the point when they first begin to feel unwell, day after remarks that transmission of virus by people with no symptoms is “very rare.” A top World Health Organization (WHO) expert has tried to …
Read More »A promising drug can prevent Covid-19 symptoms
A study published on Tuesday, by Nature magazine, showed that an anti-viral drug called “Remdesivir” was effective in the prevention of respiratory symptoms in Macaque monkeys deliberately infected with Covid-19. Healthcare authorities warranted the emergency use of the Gilead company’s product for severely ill cases of Covid-19 in the United …
Read More »Samsung: Court rejects Lee Jae-yong arrest warrant request
A court has denied an arrest warrant request for Samsung heir Lee Jae-yong, after he was accused of accounting fraud and stock manipulation. The ruling provides at least temporary relief for the de facto head of the South Korean conglomerate. But Mr Lee isn’t completely in the clear yet as …
Read More »US officially fell into recession in February amid coronavirus pandemic
The National Bureau of Economic Research said in a report that the United States officially fell into a recession in February when the country began to feel the effects of the measures imposed to fight the novel coronavirus outbreak, reported Sputnik news agency. “The (Business Cycle Dating) committee has determined …
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