Friday, 1 July, 2022
TopicBloomberg

Topic: Bloomberg

Covid-19 hospitalisations continue to rise in New York, no slowing of rate of positive tests

Travelers from the UK face more restrictions due to a new variant of the virus spreading, with the US insisting arriving Britons have a negative Covid-19 test within 72 hours of departing the country.

China detains Bloomberg News staff member on suspicion of threatening national security

Haze Fan, a Chinese citizen, was last seen Monday while being escorted by plain clothes security officials. Chinese authorities said she is under suspicion of engaging in criminal activities.

Apple suppliers’ exodus from China won’t slow down under Biden

Apple Inc.'s decision to move some production of iPads and MacBooks to Vietnam suggests a longer-term migration that could impact the company & China’s role as a workshop to the world.

India ranks 34th in global Covid resilience survey, placed below Pakistan and Bangladesh

According to the Covid Resilience Ranking by Bloomberg, 12 Asian countries have scored better than India in handling the coronavirus pandemic.

Joe Biden’s Covid advisers say national lockdown not on agenda, will be US’ last resort

Vivek Murthy, former US surgeon general, says locking down the whole country will increase ‘pandemic fatigue’, hurt jobs and economy. Targeted effort is needed.

Days of free unlimited phone storage are numbered. Here are some ways to curb the problem

You can save money by opting for external hard drives, extra memory in the form of a MicroSD card or regularly backing your smartphone up to your computer.

Joe Biden’s win sparks Democratic joy pent up for years

After 4 years of angry division & 5 days of breath-held anxiety, celebrations erupted in Democratic strongholds in the US, even as Trump’s supporters continued to protest the result.

China tests 3 million people in Xinjiang after recording cluster of asymptomatic cases

Free testing is being rolled out for nearly 4.75 mn people in Kashgar of Xinjiang province. As of Sunday afternoon, 2.83 mn had been tested & 334,800 were found to be negative.

12 civilians killed & over 40 injured after missile hit city of Ganja in Azerbaijan

Azerbaijan's foreign affairs ministry suggested that Armenia was responsible for the shelling. The two countries have been fighting over the disputed region of Nagorno-Karabakh.

South Africa’s data on Covid-19 deaths doesn’t reflect true scale of crisis, say health experts

There is significant underreporting of mortality in villages and smaller towns in the Eastern Cape, said Ian Sanne, head of non-profit organisation, Right to Care.

On Camera

YourTurn

PM Modi at the MSME Idea Hackathon, 2022. | Praveen Jain | ThePrint

BJP, Modi’s ‘total politics’ stems from insecurity. They still don’t rule the power elite

Yogendra Yadav is wrong. BJP might have a hegemonic position in politics and economy, but it's not the same in moral and intellectual spaces.
The Reserve Bank of India logo | Photo: Suraj Singh Bisht | ThePrint

RBI intervenes with multi-pronged strategy in battle against rupee fall

The Reserve Bank’s challenges include crashes in forward dollar premiums to rising open interest in futures that adds to pressure on the currency.

Defence

The Autonomous Flying Wing Technology Demonstrator | Photo: DRDO

‘Major milestone’: India conducts maiden flight of unmanned aircraft demonstrator

DRDO calls flight a significant step towards self-reliance in defence technologies; Defence Minister Rajnath Singh lauds achievement, says ‘it paves way for Aatmanirbhar Bharat in critical military systems’.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
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