Coronavirus outbreak triggers mass sell-off in global markets

COVID-19 has claimed over 4,200 lives and infected more than 117,330 people across 107 countries and territories. And global stock markets have been sinking despite central banks putting in effort to ease the effects of the outbreak. In the wake of the coronavirus outbreak, the global markets have been observing a mass sell-off wherein shelves…

US health officials begins first human trial of coronavirus vaccine in Seattle

WASHINGTON: The first human trial to evaluate a candidate vaccine against coronavirus disease 2019 has begun in Seattle, US health officials said on Monday. “The open-label trial will enroll 45 healthy adult volunteers ages 18 to 55 years over approximately 6 weeks. The first participant received the investigational vaccine today,” the US National Institutes of…

Israel swears in new parliament under strict rules amid coronavirus shadow

JERUSALEM: Israel swore in its newly elected parliament on Monday under stringent restrictions because of the coronavirus outbreak, in a surreal ceremony reflecting the country’s unprecedented dual crisis in politics and public health. Instead of the typical festive gathering of parliament’s 120, the new lawmakers took the oath of office in groups of three over…

Curfew in New Jersey, San Francisco as US battles coronavirus

US government moved to clamp down movement of citizens while announcing curfews in New Jersey state and San Francisco due to the rapid spread of coronavirus in the country. As the shutdown continued and major airlines hit, President Trump indicated that the US “maybe” heading towards a recession. Across the country, bars, cinemas, restaurants, schools…

Lockheed Martin names James Taiclet as new CEO

NEW YORK: Lockheed Martin named James Taiclet as chief executive of the world’s biggest defense company to replace Marillyn Hewson, the company announced on Monday. Taiclet (59), a board member at Lockheed since 2018, has most recently led the real estate investment trust American Tower, previously working as Honeywell and serving in the United States…

Nigeria blast death toll rises to 19 as authorities dig up bodies

LAGOS: The death toll from a suspected gas explosion that tore through a residential area of Nigeria’s biggest city Lagos rose to 19 on Monday as emergency services dug bodies from the debris. The blast next to an oil pipeline destroyed buildings, lorries and cars as it tore through a residential area of the sprawling…

Turkey’s Pelican group – A state within a state

After Recep Tayyip Erdogan’s government set its sights on critical news outlet OdaTV, several of its journalists now face harsh prison sentences. Is Turkey’s president using a secret group to control judges?It was one of those moments that once again showed Turkish President Recep Tayyip Erdogan’s seemingly limitless power. On a return flight from a…

Opinion – Europe’s steep coronavirus learning curve

Failure on all fronts – the virus has brought chaos to EU governments and institutions. Solidarity has fallen by the wayside. It is time things changed, says DW’s Barbara Wesel.Run for your lives – that seemed to be European governments’ motto at the beginning of the coronavirus crisis. They were uncoordinated, and everyone introduced measures…

Disney Shutting Theme Parks In California, Florida Over Coronavirus

Walt Disney Co will close its theme parks in California and Florida and its resort in Paris from this weekend through the end of the month due to the global outbreak of coronavirus, the company said on Thursday. Disney Cruise Line will suspend all new departures starting Saturday through the end of the month, the…