All The Latest News From Around The World
What’s in the Brexit Deal that the UK and EU Signed?
Starting from this month, citizens of the EU and the UK will have to endure a few complicated months until the Brexit deal’s nitty-gritty is clarified. UK nationals voted for the UK to leave the EU during the Brexit referendum in 2016. The UK legally left the EU eleven months ago, and the parties struck…
UK Lockdown – Stricter Measures, Angry Public
Last night, UK’s Prime Minister Boris Johnson announced that the UK is going into lockdown once again until mid-February. The PM believes that the weeks to come will be the “hardest yet” due to surging cases across the country. “It is clear that we need to do more to bring this new variant under control,”…
Sino-Australian Relations are Spiraling Downwards
The relationship between Beijing and Canberra continues to deteriorate. The Chinese authorities impose more bans on Australian exports, and the Australians threaten legal actions against China. It all began in 2018 when Australia banned Huawei’s 5G network, and then backed an international inquiry into China’s handling of the pandemic in early 2020. As…
Brexit – How will EU markets react to UK’s final departure
Despite four long years of preparing for the UK’s departure from the EU, much of the outcome and details are still unclear. Will there be a deal? What are the benefits? What are the disadvantages? How has Brexit impacted the world so far? When the referendum results became public in 2016, a so-called “political earthquake”…
Airbnb’s IPO resulted in a market frenzy, raising $3.5 billion
The frenzy around Airbnb’s initial public offering (IPO) tore through the financial sector, which has seen more companies go public this year than any since the dot-com craze of the ’90s. DoorDash went public on Wednesday, soaring 85%, while Airbnb managed to raise $3.5 billion during its IPO on Thursday, 10th December. Thousands of hosts…
Biden’s Win Is Pretty Much Confirmed
Donald Trump continues his battle against the election results believing they rigged it. On the 9th of December 2020, the president asked the Supreme Court to block votes from states that lead Joe Biden to victory. He aims to invalidate numerous votes that took place in Georgia, Wisconsin, Michigan, and Pennsylvania. Trump’s petition stated the…
Wozniak’s Cryptocurrency Efforce Is Taking The Markets By A Storm
The co-founder of Apple Inc. and tech prodigy Steve Wozniak has introduced a new cryptocurrency token. The token was launched by Efforce, a crowdfunding company whose aim is to have holders share in the profits of global ventures that promote energy efficiency. Essentially, Efforce will facilitate green-energy investments via crypto and blockchain technology. In one of…
A New Page For Climate Change
COVID-19 has apparently put combating climate change on hold. Earlier this year, Donald Trump took the US out of the UN Paris Climate Agreement, causing an uproar. Trump does not believe in climate change. It snowed over 4 inches this past weekend in New York City. It is still October. So much for Global Warming.…
Facebook’s Cryptocurrency Libra in the Limelight Again
According to a report published by the Financial Times, Libra – the cryptocurrency spearheaded by Facebook – will be launching as early as January 2021, albeit on a smaller scale than initially planned. The Libra Association was formally introduced on June 18, 2019, and has had its fair share of ups and downs since. From…
Pfizer’s Vaccine Development Sends the Stock Markets Booming
As COVID-19 cases rise on a global scale, so do the contenders for the vaccine. Even though vaccines typically go through years of research and testing, everyone is aboard the race for the first COVID-19 vaccine. Researchers have fast-tracked the process, and some are in final-stage trials. The available vaccines will not be able to…