China’s Covid-19 Crisis

China’s Covid-19 Crisis

As people from across the world try to move on from the effects of the covid-19 pandemic, reports from China suggest that recommended precautions are still very much needed.   What’s happening in China?  The disease appears to be defying China’s control measures, which have been largely unpopular. Despite adopting a zero-tolerance approach to the virus,…

UK Supreme Court thwarts Scotland’s Independence move 

UK Supreme Court thwarts Scotland’s Independence move 

Scotland’s bid to be an independent nation after about 300 years of being together with the United Kingdom has suffered another setback.   What setback? The Supreme Court of the United Kingdom has ruled that Scotland cannot hold a new referendum on independence without the consent of the British Government.  In a unanimous verdict of the…

Bolsonaro Wants Brazil’s Election Annulled 
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Bolsonaro Wants Brazil’s Election Annulled 

Brazil’s president Jair Bolsonaro has rejected the outcome of the country’s recent presidential election.  What’s he saying?  About a month after his failed re-election bid, Bolsonaro on Tuesday demanded that the electoral authority annul votes cast on most of the country’s electronic voting machines, as he blamed a software bug for allegedly compromising the integrity…

Indonesia: 5.6 magnitude earthquake leaves scores dead and many injured

Indonesia: 5.6 magnitude earthquake leaves scores dead and many injured

No less than 60 people have been confirmed dead by Indonesian authorities and about 700 others injured as a 5.6 magnitude earthquake struck Indonesia’s main Island of Java on Monday, November 21. How did it happen? According to the United States Geological Survey, the 5.6 magnitude earthquake was centered in the Cianjur region in West…

Russian to conclusions  

Russian to conclusions  

According to multiple governments, a blast that killed two people in south-eastern Poland on Tuesday was not caused by missiles fired by Russia, easing concerns over the explosions drawing NATO countries into the Russian invasion of Ukraine.  What caused the blast?  Poland’s president announced that Ukraine’s air defenses were responsible for the blast, with the…

Algeria jails former CEO of state-owned oil firm 

Algeria jails former CEO of state-owned oil firm 

Abdelmoumen Ould Kaddour, a former CEO of Algeria’s state-owned oil and gas group Sonatrach, has been sentenced to jail.  In a corruption case involving the 2018 purchase by Sonatrach of the Augusta refinery and other assets in southern Italy from Esso Italy, an affiliate of American ExxonMobil, Kaddour and other indicted individuals were prosecuted. Miloud…

More suspects arrested over Istanbul attack

More suspects arrested over Istanbul attack

At least 50 suspects have been arrested in connection with the Istanbul bombing that killed six people and wounded dozens of others on Sunday.  Have the perpetrators been identified?  The outlawed Kurdistan Workers’ Party (PKK) and associated Syrian Kurdish factions were named by Turkish authorities as the perpetrators. Several hours after the explosion, police conducted…

US-China relations; Biden and Xi meet, promise to manage differences

US-China relations; Biden and Xi meet, promise to manage differences

Two years after becoming president of the United States, President Joe Biden met for the first time with his Chinese counterpart, President Xi Jinping for a face-to-face talk on the sidelines of the G20 summit held in Bali, Indonesia. What did both discuss? Nothing really substantial. Both leaders of the world’s two largest economies greeted…

What’s the buzz about FTX?
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What’s the buzz about FTX?

Building wealth may be an extremely difficult endeavor, but losing it can happen almost effortlessly. Sam Bankman-Fried, previously celebrated CEO of crypto exchange FTX and crypto trading firm Alameda Research, is a prime example of how wealth can easily be gone with the wind.  What’s his story?  Once described as the “Next Warren Buffett,” and…

China partially eases Covid-19 restrictions to mitigate its impact on the economy.
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China partially eases Covid-19 restrictions to mitigate its impact on the economy.

As China continues to battle its worst wave of the Covid-19 crisis and its attendant negative impact on its economy, the Chinese health authority has announced the easing of its “Zero-Covid policy”, even as it continues to witness a record number of Covid-19 cases. Three Chinese cities of Beijing, Guangzhou, and Zhengzhou have seen a…