Coronavirus could cost the global economy $4.1 trillion – five per cent of worldwide output – Asian Development Bank warns Asian Development Bank says coronavirus could cost economy $4.1 trillion The estimated impact is equivalent to nearly five percent of worldwide output Crisis has sent equity markets spinning as traders fret over the long-term impact … Read more
The House on Friday passed a $2 trillion coronavirus rescue package, defeating a move by a rogue lawmaker to hold up a vote on the legislation, which now heads to President Donald Trump for his signature. The threat from Republican Congressman Thomas Massie of Kentucky united President Trump, Speaker Nancy Pelosi and House GOP Leader Kevin … Read more
The Senate has passed an unparalleled $2 trillion economic rescue package to respond to the coronavirus pandemic, clearing the way for the House to vote on the measure followed by President Donald Trump’s signature. The bill passed the Senate unanimously by a vote of 96-0 late on Wednesday night after days of contentious debate and negotiations. … Read more
The Senate has passed an unparalleled $2 trillion economic rescue package to respond to the coronavirus pandemic, clearing the way for the House to vote on the measure followed by President Donald Trump’s signature. The bill passed the Senate unanimously by a vote of 96-0 late on Wednesday night after days of contentious debate and negotiations. … Read more
Democrats indicate they are finally ready to sign the phase three economic stimulus package Wednesday, which includes a measure that prohibits Donald Trump’s family businesses from receiving benefits from the coronavirus relief. Senators were finally able to strike a deal overnight on the $2 trillion rescue package to address the fallout from the coronavirus outbreak, … Read more
Last week, Amazon CEO Jeff Bezos finally lifted the veil on the lunar lander his aerospace company has been developing in secret for years, along with a plan to put humans back on the moon to stay. And in the process, he also revealed an ambitious vision for space colonization. Building off of a concept … Read more
Research from Atlas VPN found that criminals’ net proceeds outpace the revenue made by tech giants each year. How the Dark Web and cryptocurrency aid the propagation of cybercrime Neil Walsh, UN Chief of Cybercrime, explains how technologies like encryption and the blockchain are essential for maintaining international human rights but are being exploited by … Read more
A GSMA report found that 5G is making significant inroads in China, South Korea, and Europe but lagging behind in other regions. 5G will bring smart cities to life in unexpected ways 5G has the potential to help cities improve citizen engagement and build an intelligent urban ecosystem around services, ambience, sustainability, inclusion, and equity. … Read more