Chinese economy is still not solid, the Communist Party said, but profits in April tell the opposite.
Chinese economy is still not solid, the Communist Party said, but profits in April tell the opposite. Chinese economy in April maintained stable growth, but the foundation for its recovery is still fragile as new issues emerge post-pandemic on the global scale, the country's National Bureau of Statistics said in a report published on Monday. "In April ... all regions and departments consolidated and coordinated both the epidemic prevention and control and the economic and social development, the production and demand continued to grow…
![Elon Musk will not accept Bitcoins as payment for the purchase of a Tesla [due to environmental impact of crypto mining] [?]](https://1.bp.blogspot.com/-j_zibbwny9Q/YJzb37Li16I/AAAAAAAAe6U/ErwG0eyRUsYjHM7iouWOcLGwHiIFlX2LQCLcBGAsYHQ/w640/TESLA_BITCOIN.jpg)
Elon Musk will not accept Bitcoins as payment for the purchase of a Tesla [due to environmental impact of crypto mining] [?]
The Tesla founder announced that his company has stopped accepting Bitcoin as payment for electric vehicles over concerns about the negative environmental impact of cryptomining. Elon Musk will not accept Bitcoins as payment for the purchase of a Tesla Bitcoin dropped on Wednesday, losing 15 percent of its price after Elon Musk raised concerns over the increasing use of fossil fuels for mining, saying that he is looking at "other cryptocurrencies that use <1% of bitcoin's energy/transaction". "Tesla has suspended vehicle …
Fear of runaway inflation drives widespread selling on Wall Street. The Federal Reserve continues to sleep on interest rates.
Fear of runaway inflation drives widespread selling on Wall Street. The Federal Reserve continues to sleep on interest rates. Wall Street on Wednesday took its hardest hit since the start of the year as fears of runaway inflation from led to widespread losses for stocks despite the Federal Reserve’s insistence that rising costs will be temporary. The Dow Jones Industrial Average, the broadest US equity barometer, posted its largest daily drop since January 29, losing 682 points, or 2 percent, to close at 33,588. The S&P 500, which groups t…
Once upon a time the global pandemic but Magic China exports surge 32,3 % in April 2021 over year ago.
Once upon a time the global pandemic but Magic China exports surge 32,3 % in April 2021 over year ago. China’s trade with the United States and the rest of the world surged by double digits in April as consumer demand recovered, but growth appeared to be slowing. China’s trade with the United States and the rest of the world surged by double digits in April as consumer demand recovered, but growth appeared to be slowing. Global exports rose 32.3% over a year ago to $263.9 billion, in line with March but down from the explosive 60.6% rise in…
Mystery : Human mistake in manifacturing ruins 15 millions of vials of Johnson & Johnson Vaccine.
Human mistake in manifacturing ruins 15 millions of vials of Johnson & Johnson Vaccine. © REUTERS / Dado Ruvic Johnson & Johnson admits having produced a faulty batch of coronavirus vaccines at an East Baltimore facility, reportedly due to a mix-up of two ingredients that led to the ruining of about 15 million doses. " As with the manufacturing of any complex biologic medication or vaccine, the start-up for a new process includes test runs and quality checks to ensure manufacturing is validated and the end product meets our high-q…
Russian researchers have created a new alloy to reduce noticeably the weight and so the cost of cooling systems.
Russian researchers have created a new alloy to reduce noticeably the weight and so the cost of cooling systems. © CC BY 2.0 / Matt Roberts / Liquid Metal Drops (from Moscow by Sputnik Agency) New alloys created by scientists from the National University of Science and Technology "MISiS" (NUST MISIS) in cooperation with LG Electronics may reduce the weight of heat sink and heat dissipation systems in electric cars and consumer electronics by a third. New alloys created by scientists from the National University of Sc…
Congestion in the Suez Canal costs the global trade system $ 400 million an hour. Who will pay for these disasters?
Congestion in the Suez Canal costs the global trade system $ 400 million an hour. Who will pay for these disasters? A major maritime jam, costing global trade around $400 million an hour - according to economists' estimates - occurred when the captain of container ship Ever Given lost control of his vessel because a sandstorm blew it off course, causing it to get stuck diagonally and close off the entire Suez Canal. © REUTERS / CNES/AIRBUS DS A satellite image shows stranded container ship Ever Given after it ran aground in Suez Canal, Egy…
'EU needs right break to tough a new plan about sanction for Russia' , Austrian Foreign Minister said
'EU needs right break to tough a new plan about sanction for Russia' , Austrian Foreign Minister said The European Union should refrain from actions that could backfire when working out restrictive measures against Russia over Alexei Navalny, Austrian Foreign Minister Alexander Schallenberg said on Sunday. Credit to © Sputnik / Vladimir Sergeev Austria will support the introduction of sanctions as long as the list of targets is "politically literate and legally reliable," the minister told German newspaper Welt am Sonntag, …
You don't accept the new terms and conditions before the May 15 2021. 'OK ! No more messages ,you're out by WhatsApp !'
You don't accept the new terms and conditions before the May 15 2021 . No more messages ,you're out by WhatsApp ! WhatsApp going out of order ! WhatsApp users who fail to accept the app's new terms and conditions before the May 15 deadline will not be able to read or send messages, TechCrunch reported on Saturday, citing the Facebook-owned messenger’s email to one of its merchant partners. Earlier this week, WhatsApp said that it would allow users to carefully review its privacy update and "slow ask" them to comply with…
Spain also breaks sanctions over Russia: Embassy in Moscow vaccinated staffers with Sputnik V
Spain also breaks sanctions over Russia: Embassy in Moscow vaccinated staffers with Sputnik V. MOSCOW (Sputnik Agency) - The Spanish Embassy in Russia told Sputnik on Friday it had received the foreign ministry's invitation to inoculate staffers with Russia's Sputnik V vaccine, and some diplomats had already been vaccinated. Russia's Sputnik V vaccine vial © AP Photo / Zoltan Balogh The embassy has received the Russian Foreign Ministry's invitation, and several staffers have been vaccinated", the dipl…
'Cocktail of Antibodies' has been approved by FDA to reduce the number of hospitalisations and related deaths by 70 percent !
'Cocktail of Antibodies' has been approved by FDA to reduce the number of hospitalisations and related deaths by 70 percent ! Earlier, multinational ( 18 countries around the world )pharmaceutical giant Eli Lilly revealed an antibody “cocktail” that reportedly helps to significantly ease severe symptoms caused by COVID-19. One of its components, bamlanivimab, has already been approved for emergency use. Multinational pharmaceutical giant Eli Lilly in Indianopolis,Indiana On Tuesday, the US Food and Drug Administration (FDA) issued eme…
Health :The European Medicines Agency (EMA) Completed Scientific Consultations for Sputnik V Vaccine .( Will the EU adopt it? )
The European Medicines Agency (EMA) Completed Scientific Consultations for Sputnik V Vaccine . ( Will the EU adopt it? ) The European Medicines Agency (EMA) has completed scientific consultations with Russia's Gamaleya research centre that developed the Sputnik V coronavirus vaccine, which means that Moscow can now submit an application for vaccine authorization for the EU market. Russia's Gamaleya research RELATED ARTICLE After Pfizer's troubles, as side effects and delays in deliveries of vaccine why European countries neglect R…
Latest Update : Brent Crude rose above $62 Per Barrel First Time Since 24 January 2020 according to trading data.
Brent Crude rose above $62 Per Barrel First Time Since 24 January 2020 according to trading data. The price of Brent crude futures rose above $60 per barrel for the first time since 29 January 2020, trading data shows on Monday. As of 08:25 Moscow time (05:25 GMT), the April futures were trading 0.77 percent up at $60.01 per barrel, while March futures for WTI hovered at $57.73 per barrel, showing a 1.18 percent increase. On 5 January, OPEC+ agreed that only Russia and Kazakhstan would slightly increase production over the next two months, whi…
Business : Apple Electric Car project is starting with an investment of $3,6 billion in South Korean Kia
Apple to Invest $3.6 Billion in Kia to Produce Own Electric Cars by 2024, Reports Claim For some time now, media has speculated that the California-based tech giant aims to challenge Elon Musk's Tesla, although it may take a couple of years before one could see the results of the efforts. In order to start developing its own electric vehicles, Apple is planning to invest $3.6 billion in South Korean carmaker Kia Motors, according to a Wednesday report by South Korea's DongA Ilbo newspaper. With the hope of getting them to market by 2…
Why did he come back and why did Jack Ma get lost?
Ant Group to Restructure as Financial Holding Company Under People's Bank of China, WSJ Report Says Jack Ma Ant Group (Chinese: 蚂蚁集团; pinyin: Mǎyǐ jítuán), formerly known as Ant Financial and Alipay, is an affiliate company of the Chinese Alibaba Group. The group owns China's largest digital payment platform Alipay , which serves over one billion users and 80 million merchants, with total payment volume (TPV) reaching CN¥118 trillion in June 2020. In March 2019, The Wall Street Journal reported that Ant's flagship Tianhong Yu…
SocialMedia : Millions Users Flee WhatsApp After Update to Terms of Service
WhatsApp had to delay the implementation of the new terms, slated for 8 February while its competitors have welcomed fleeing users. WHATSAPP WhatsApp's user numbers recently took a sharp dive with millions of people choosing alternative messaging apps like Telegram or Signal instead. The company's poorly executed change to its terms of service is behind the sudden exodus. WhatsApp informed users that it will be allowed to share data including location and contact details from chats on its "Business" app with parent company Fa…
US pharma giant Merck (M.S.D.) and its partner Institut Pasteur have canceled their coronavirus vaccine projects due to low immune responses.
With Pfizer, Moderna and Sputnik V shots being widely distributed since December, US pharma giant Merck and its partner Institut Pasteur in France have canceled their coronavirus vaccine projects due to low immune responses. Merck, known as MSD outside North America, said on Monday that it was discontinuing the development of two of its vaccine candidates. The decision was made after the results of Phase 1 clinical trials revealed that the immune responses produced by the candidates were inferior to those found in people who were cured from …
'China Virus' : Worldwide Pandemic pushes up China export,Surplus became $ 535 Billion
Worldwide Pandemic pushes up China export,Surplus became $ 535 Billion. China’s exports rose in 2020 despite pressure from the coronavirus pandemic and a tariff war with Washington, boosting its politically volatile trade surplus to $535 billion, one of the highest ever reported . BEIJING -- China’s exports rose in 2020 despite pressure from the coronavirus and a tariff war with Washington, boosting its politically volatile trade surplus to $535 billion, one of the highest ever reported. Exports increased 3.6% over 2019 to $2.6 trillion, an …
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