January 2021 – Page 15 – THE OVAL CIRCLE

AstraZeneca rejects ‘completely incorrect’ claim that Covid vaccine is less than 10 percent effective among elderly

Posted on January 26, 2021January 26, 2021By Editor

AstraZeneca has denied claims circulating in German media that its Covid-19 vaccine has low efficacy among people 65 and over. The sensational reports have emerged as the EU mulls approval for the drug. … Read More >AstraZeneca rejects ‘completely incorrect’ claim that Covid vaccine is less than 10 percent effective among elderly

Business

Russia doubles wheat export duty to stabilize domestic food prices

Posted on January 26, 2021January 26, 2021By Editor

The Russian government has signed a decree raising the export duty for wheat from €25 ($30) to €50 ($60.59) per ton, starting on March 1. Duties will also be introduced on exports of corn at €25 per ton and barley at €10 per ton. … Read More >Russia doubles wheat export duty to stabilize domestic food prices

Business

US-China investments are almost DOUBLE what the official figures show, report reveals

Posted on January 26, 2021January 26, 2021By Editor

Total investments between the US and China are nearly twice as large as official numbers indicate, totaling $3.3 trillion in 2020, despite escalating tensions between the world’s two largest economies, a new study has found. … Read More >US-China investments are almost DOUBLE what the official figures show, report reveals

Asia & Pacific

Taiwan stages snap air force drills following massive incursion of China’s jets and bombers

Posted on January 26, 2021January 26, 2021By Editor

Taiwan has launched snap air force drills, after a large-scale flyby of Chinese aircraft over the weekend. The island has stated that it is ready to protect its territory from any potential hostile move by mainland China. … Read More >Taiwan stages snap air force drills following massive incursion of China’s jets and bombers

Asia & Pacific

Beijing urges Biden administration to learn from Trump’s strategic errors and wrong policies towards China

Posted on January 26, 2021January 26, 2021By Editor

The Chinese foreign ministry has reiterated its hopes for better relations with the new US administration of Joe Biden, urging the incoming President to learn from Trump’s errors and not to treat Beijing like a threat. … Read More >Beijing urges Biden administration to learn from Trump’s strategic errors and wrong policies towards China

Russia

Appeals to bring more young Russians to US as ‘soft power’ tool could backfire, there’s no guarantee they will like what they see

Posted on January 26, 2021January 26, 2021By Editor

High profile American activists, such as former Ambassador to Moscow Michael McFaul, want more young Russians to get a taste of life in the US. Experience shows that such a move may not lead to the results they desire. … Read More >Appeals to bring more young Russians to US as ‘soft power’ tool could backfire, there’s no guarantee they will like what they see

Business

Covid-19 wiped out equivalent of 255 MILLION full-time jobs last year – UN labor agency

Posted on January 26, 2021January 26, 2021By Editor

The world lost four times more jobs last year than during the 2008-09 financial crisis, as the coronavirus pandemic rattled the global economy, the International Labour Organization (ILO) has said. … Read More >Covid-19 wiped out equivalent of 255 MILLION full-time jobs last year – UN labor agency

Business

Recession is over for the richest few, while billions will live in poverty for at least a decade – Oxfam

Posted on January 26, 2021January 26, 2021By Editor

The Covid-19 pandemic has the potential to increase economic inequality in almost every country globally at once, according to a new report revealed by Oxfam on Monday. … Read More >Recession is over for the richest few, while billions will live in poverty for at least a decade – Oxfam

Business

China to build 30 ‘fully connected’ 5G factories by 2023

Posted on January 26, 2021January 26, 2021By Editor

China’s Ministry of Industry and Information Technology (MIIT) has said the nation plans to accelerate its rollout of wireless technology, setting up 30 “fully connected” 5G factories in ten key industries in the next two years. … Read More >China to build 30 ‘fully connected’ 5G factories by 2023

Business

China overtakes US as global destination for foreign investment amid Covid-19 pandemic

Posted on January 26, 2021January 26, 2021By Editor

China became one of the few countries to attract more capital than the US in 2020, making it the top destination for foreign direct investment, while overall global flows dwindled by over 40 percent. … Read More >China overtakes US as global destination for foreign investment amid Covid-19 pandemic

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