The Washington Post has been forced, no doubt begrudgingly, to print a retraction two months after they published a story that made it sound like Trump was trying to rig the election speaking to an elections investigator in Georgia. The Post reported in January that the then President had spoken to Frances Watson in December, […]

ASIA: India’s trade deficit in goods widened to $12.62 billion in February from $10.16 billion during the same period a year earlier, revised data released by the government on Monday showed. Merchandise exports rose 0.67% in February from a year earlier to $27.93 billion, while imports were up 6.96% to $40.54 billion, the data showed. […]

There seems to be a HUGE gap in what people think about cryptocurrency. The European Central Bank (ECB) is working on a scheme to launch “digital euro central bank money” as soon as possible. Many economists praise the project as an “innovation,” as an important and indispensable step in an increasingly digitized world. But economists […]

ASIA: A Covid-19 vaccine developed by the Institute of Microbiology of Chinese Academy of Sciences (IMCAS) has obtained the green light for emergency use in China, the institute said on Monday, marking the country’s fifth vaccine eligible for some scale of use. The ZF2001 vaccine, being tested in a late-stage clinical trial aiming to recruit […]

ASIA: China denied on Friday it was planning to hit e-commerce giant Alibaba with a record fine of almost $1 billion for allegedly flouting monopoly rules, as authorities turned up the pressure on the country’s vast technology sector. Alibaba, China’s largest online shopping portal, has been in the crosshairs of authorities in recent months over […]

ASIA: China’s parliament on Thursday overwhelmingly endorsed a proposal on “improving the electoral system” of Hong Kong, further restricting the ability of people in the city to elect their leaders freely. Members of the National People’s Congress in Beijing voted 2,895 in favor of the proposal, with no votes against and one abstention. The decision […]

ASIA: China’s new five-year plan, made public on Friday, called tech development a matter of national security, not just economic development, in a break from the previous plan. China is freeing up tens of billions of dollars for its tech industry to borrow. It is cataloging the sectors where the United States or others could […]

ASIA: Microsoft has blamed a huge attack on its Exchange email service on a group linked to China, which has affected hundreds of thousands of customers worldwide. The American tech giant revealed last week that a hacking group called Hafnium exploited Microsoft Exchange and was able to gain access to computers. The company said the […]

ASIA: China will invest more in coal to power its economy over the next five years, according to a government plan released Friday (Mar 5) that only modestly increased renewable ambitions. Environmentalists had been hoping China’s five-year national development plan, unveiled at its annual parliamentary session would give a roadmap for its goal of carbon […]

ASIA: China is aiming for an economic growth rate above 6% in 2021. After scrapping its target last year, Chinese Premier Li Keqiang announced the target on Friday at the opening of this year’s National People’s Congress. The target marks a return to strong growth after the Covid-19 pandemic impacted the world’s second-largest economy. By […]