Business Science

China prepared for an “arms race” with the US

The Chinese authorities are preparing for a kind of “arms race” with the United States in the field of microelectronics, writes Bloomberg. Beijing is preparing protectionist measures to circumvent restrictions imposed by the administration of us President Donald trump. According to sources of the publication, the Chinese government is preparing to launch a large-scale program […]

Business Stories

In Europe, they found the culprits of the slow recovery of the economy

Europe’s recovery from the effects of the crisis triggered by the coronavirus pandemic and the collapse in oil prices has stalled. According to Bloomberg, the culprits could be Spain and Italy and a reduction in their GDP. According to the IHS Markit index, which is an indicator of economic health, output rose only in manufacturing […]

Science Tech

Bankers of all European countries were encouraged to join

German Finance Minister Olaf Scholz called on European countries to implement the European banking Union (EBA) initiative faster, writes Reuters. “It is important not to dwell on one issue,” said Scholz, referring to the single European Deposit insurance system (EDIS). — If we want to create a banking Union, all countries must move towards a […]

Tech World

Europe’s largest brothel went bankrupt due to COVID-19

The largest brothel in Europe, Pascha, which is located in Cologne, went bankrupt due to the coronavirus. This is reported by the local newspaper Express. “This is unthinkable, but on Tuesday I filed for bankruptcy in the local court,” admitted the Manager of the brothel, Armin Lobscheid. He explained that the brothel spent all its […]

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US national debt will exceed the size of the economy

The US national debt may exceed the size of the economy next year, for the first time since world war II. This is reported by the Wall Street Journal with reference to the report of the congressional Budget office. According to the Agency’s estimates, the national debt will be equal to 100 percent of the […]

Science World

The company of the world’s richest man was accused of total surveillance of employees

Amazon, owned by the world’s richest man, Jeff Bezos, has developed a system of total control and spies on employees, according to a study by the human rights organization “Open markets Institute” (Open Markets Institute). During the coronavirus pandemic, the retailer introduced a system that uses artificial intelligence to track employee movements. Video surveillance is […]

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Chubais urged to tighten the law on harmful emissions

Anatoly Chubais, the head of RUSNANO Corporation, criticized the draft law on regulating carbon emissions, which has been under development for several years. In his opinion, the current project is completely “toothless” and it needs to be tightened. Chubais believes that the document, which is now available, can be thrown in the trash, reports RBC. […]

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The former wife of the world’s richest man became the world’s richest woman

Ex-wife of the founder of Amazon, the world’s richest man Jeff Bezos (Jeff Bezos) Mackenzie Scott became the wealthiest woman on the planet. This follows from the rating Bloomberg Billionaires Index. Mackenzie Scott’s fortune reached $ 68 billion, which gave her the 12th place in the ranking of the world’s rich. She overtook the granddaughter […]