The federal government has raised the alarm over a case of 3,000 doses of fake Covid-19 vaccines to be exported to Africa but intercepted in China.
Tag: World news
China proposes global rules for central bank digital currencies (CBDC)
China proposed a set of global rules for central bank digital currencies on Thursday, from how they can be used around the world to highly sensitive issues such as monitoring and information sharing.
RELIABLE SOURCE: Ghana hit by countrywide power blackout.
Ghana suffered a nationwide power cut on Sunday, the west African country’s electricity provider GRIDCo said, as it attempted to restore power.
Biden’s SEC chair nominee signals more regulation for cryptocurrencies.
KEYPOINTS • Guidelines to be created for crypto currency • Bitcoin might be excepted S.E.C law • Crypto market is worth $1.45 trillion as Tuesday (3rd of March, 2021) • Tesla and MasterCard embraces crypto currency The U.S. Securities and Exchange Commission appears likely to work on its first guidelines for cryptocurrencies after President Joe Biden’s nominee to lead the agency promised to provide “guidance and clarity” to the rapidly evolving market.
Jeff Bezos to pay $5bn under wealth tax? In a bid to accelerate wealth gap.
KEYPOINTS • Jeff Bezos would owe $5.7 billion in taxes for 2020 under the Ultra-Millionaire Tax Act proposed by a group of Senate and House Democrats and independent Sen. Bernie Sanders on Monday. • The tax would be a 2% annual levy on wealth over $50 million and 3% on wealth over $1 billion. • Elon Musk would owe $4.6 billion in 2020 and would still have a fortune of over $148 billion at the end of the year. • Bill Gates would have to pay $3.6 billion for 2020,…
Joe Biden revokes Donald Trump’s visa suspension for temporary foreign workers
President Joe Biden has revoked former President Donald Trump’s order that limited the number of new work visas for temporary foreign workers in the United States amid the coronavirus pandemic.
Germany to provide additional N570 billion for coronavirus vaccination
German chancellor Angela Merkel has announced that Germany will be providing an additional N570billion (1.5 billion euros) to the ‘Access to COVID-19 Tools Accelerator’ (ACT Accelerator), the platform coordinated by the World Health Organization (WHO) to support the global efforts to tackle the COVID-19 pandemic.
U.S. to release $4 billion for vaccines to 92 poor countries
U.S. President Joe Biden will announce at the G7 gathering on Friday that the United States will release $4billion for an international initiative to supply Coronavirus (COVID-19) vaccines to poor countries, the White House said.
OFFICIAL: Sterling hits highest vs. dollar since April 2018
Sterling hit its highest level against the dollar since April 2018 and traded just below eight-month highs against the euro on Tuesday, with analysts citing Britain’s lead in COVID-19 vaccinations as a positive for the currency. The pound hit $1.3788 against the dollar in early London deals, its highest level against the greenback since Apr. 30, 2018. Against the euro, it traded down 0.15% at 87.80 pence by 0902 GMT.
RELIABLE SOURCE: The U.K. is on track to vaccinate all people over age 50 by May.
The U.K. is on track to vaccinate all people over age 50 by May. It’s already planning for a program of top-up vaccinations to fight new Covid variants from the autumn, officials said.