Author: Eva Schmidt

  Britain has experienced a record economic boost in April as the government eased the lockdown measures. It has been growing very quickly since July, achieving an output of an amazing 27.6%. It is much higher than that of last year when everything was shut down due to the toughest lockdown. The status for National Statistics gave out the exact figures on Friday. It revealed that huge and fast growth has been observed in the service sector. It was possible because hospitality businesses, non-essential retail, and schools opened up after…

  In the global race to vaccinate people against Covid19, Africa is tragically at the back of the pack. It has barely gotten out of the starting blocks. In South Africa, which has got the most robust economy of the continent and its biggest coronavirus caseload, just 0.8% of the population is fully vaccinated. The reports have come according to a worldwide tracker kept by the Johns Hopkins University. Hundreds and thousands of the country’s health workers have come face to face with the virus every day and are still…

    According to recent reports, Dr. Anthony Fauci, a top US infectious diseases expert has called on China to release the medical records of those nine people whose ailments might provide some vital clues into whether Covid-19 has first emerged as the result of a lab break as reported by major news outlets on Thursday. According to recent developments that have occurred Fauci has been reportedly quoted as saying he would first like to see the medical records of the three people who are reported to have got sick…

    Vietnam has planned to test all the 9 million people in its largest city for the coronavirus. On Monday, the country has also imposed restrictions to deal with the growing Covid-19 outbreak. People who belong to Ho Chi Minh city are only allowed to leave their home for necessary activities and public gatherings of more than 10 people have been banned for the next two weeks according to an announcement made by the government. Before the imposed order, the city which is also the economic hub of Vietnam…

    World’s one of the biggest banks, HSBC has decided to close its retail banking business in the United States. They announced that they have made the move to center their efforts on the management of wealth. Their nearly 80 East Coast branches will be sold to Citizens Bank. And 10 more branches on West Cost will be sold to Cathay Bank. The deposits and the bank accounts of the customers will be transferred to the new banks. HSBC plans to convert 20 to 25 branches into wealth management…