Russia’s vaccine chief claims West is trying to ‘lure’ its scientists

An employee at work at the Gamaleya Scientific Research Institute of Epidemiology and Microbiology of the Russian Healthcare Ministry that produces a COVID-19 vaccine. Vyacheslav Prokofyev | TASS | Getty Images The head of Russia’s vaccine-development body has claimed that Western research institutions are seeking to “lure” away its scientists to work for them. Alexander […]

European payment system project comes to fruition

The project had been on track for several months. In 2018, the European Central Bank (ECB) wanted a European payment standard to be created, to have an alternative against the American giants Visa and Mastercard and the new Chinese players who are gaining ground. → READ. Banks working on a European payment system Thursday July […]

Concerns about China’s economy are causing oil prices to collapse

Oil production Brent is the most important oil for Europe. The WTI variety comes from the USA. (Photo: dpa) Frankfurt Oil prices fell sharply on Friday due to economic concerns. The price of a barrel (159 liters) of the North Sea type Brent fell in the morning by up to six percent to below $ […]

Japan’s exports have seen the sharpest decline since 2009

Container terminal in Tokyo Japan’s economy has slipped into recession again. (Photo: dpa) Tokyo Japan’s exports recorded the sharpest decline since the global financial crisis in 2009 as a result of the corona virus pandemic in April. Data from the Ministry of Finance (MOF) showed a 21.9 percent year-on-year slump in foreign trade on Thursday. […]

Merkel rejects higher taxes to finance Corona aid

Chancellor Angela Merkel underlined the importance of international cooperation between states. (Photo: AP) Berlin Chancellor Angela Merkel has called for further economic relief for the next phase of the corona pandemic. “It has been pointed out that the recovery phase must also be accompanied by economic stimulus programs,” said Merkel on Wednesday after a switch […]

Trump is considering the G7 summit as a real meeting

US President Donald Trump during a press event According to a tweet from the president, Trump is now considering holding this year’s G7 meeting as a real meeting. (Photo: Reuters) Washington / Berlin US President Donald Trump is considering holding this year’s G7 summit as a real meeting and not via video. Trump wrote on […]

Corona crisis is causing worst recession in decades

Jerome Powell The head of the US Federal Reserve has said that the Fed will continue its emergency measures and leave the key interest rate close to zero. (Photo: AP) Washington The coronavirus pandemic has plunged the US economy into the worst recession since World War II, according to central bank chief Jerome Powell. There […]

Gold price rises to its highest level in seven years

gold bar The gold price rose at the beginning of the new week and reached a new high. (Photo: dpa) Frankfurt The gold price has climbed to its highest level in seven years at the start of the week, according to economic warnings from the US Federal Reserve. On Monday morning, the troy ounce of […]

Corona vaccine – experts warn of nationalism

Laboratory at Glaxo Smithkline The British company is joining forces with the French pharmaceutical giant Sanofi to develop a corona vaccine. Both groups receive financial support from the state organization BARDA of the US Department of Health. (Photo: obs) Dusseldorf Pharmaceutical experts vigorously warned over the weekend of a nationalism in the development and distribution […]

The corona pandemic reveals the failure of the global community

Berlin When Donald Trump moves into the White House in January 2017, a manual for combating health crises is available for the new US president and his staff. The “Playbook For High-Consequence Emerging Infectious Disease Threats and Biological Incidents”, created by the National Security Council, describes on 69 pages how the USA should deal with […]