Friday , February 28 2025

WORLD

World News

Bitcoin world faces ‘halving’: what’s happening?

London, United Kingdom | AFP | Bitcoin miners, whose computer processors enable the running of the world’s most popular virtual currency, will soon face an event that takes place every four years and alters the profitability of the hi-tech industry. So-called halving is when cryptocurrency-mining companies and individuals find out the …

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International tourism to plunge up to 80% due to virus: UN

Madrid, Spain | AFP | The number of international tourist arrivals could plunge by 60 to 80 percent in 2020 owing to the coronavirus, the World Tourism Organization said Thursday, revising its previous forecast sharply lower. Widespread travel restrictions and the closure of airports and national borders to curb the spread …

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Cushing, Oklahoma: the town global oil markets depend on

Cushing, United States | AFP |  Using his fleet of drones, Dale Parrish tracks one of the most sensitive data points in the oil world: the amount of crude stored in giant steel tanks in Cushing, Oklahoma. The black liquid can’t be seen from outside the structures, so Parrish and his …

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UN warns of risks for trafficking victims due to pandemic

Vienna, Austria | AFP | The UN’s Office on Drugs and Crime (UNODC) on Wednesday warned of increased risks to human trafficking victims due to the coronavirus crisis with people more vulnerable to exploitation and protection limited. New UNODC analysis found, other than the risk of catching the virus, some rescued victims have been unable …

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The Wuhan lab at the heart of the US-China virus spat

Beijing, China | AFP | The Chinese laboratory accused by top American officials of being the source of the coronavirus pandemic conducts research on the world’s most dangerous diseases. US President Donald Trump and Secretary of State Mike Pompeo have both claimed that there is evidence the pathogen came from the …

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Grim and getting worse: US set for historic unemployment surge

Washington, United States | AFP | Like a global tsunami, the coronavirus pandemic has caused a huge loss of life and taken a massive economic toll. In the US economy, skyrocketing unemployment is the most-visible sign of the devastation: almost overnight, at least 30 million workers lost their jobs. The April …

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