Articles by Jacob J

Coronavirus outbreak will cause 'worst equity market crash of a lifetime'

Dow Jones is smarting under the worst quarterly performance since 1987, while the S&P 500 faced the biggest rout since the 2008 crisis.

2 days ago

Coronavirus

trump-impeachment-legal-team-now-has-dershowitz-ray-and-starr

Will US cancel or postpone November 2020 presidential election? 9 questions answered

Though the odds of a postponement of the dates are low, authorities have to take into account widespread disruptions during the poll run-up and considerable mayhem on the voting day.

3 days ago

Coronavirus

Saudi Arabia expat worker with Coronavirus faces death penalty; Is he really guilty?

The expat worker's actions amount to first-degree murder, the Saudi prosecution says.

6 days ago

Coronavirus

China lying about Coronavirus deaths? Western skepticism maybe vastly exaggerated

Can people with families, identities, homes, jobs, bank loans and court cases disappear in their thousands without a trace from the face of the Earth? Even in China?

7 days ago

Coronavirus

Hundreds of thousands could get coronavirus in New York, projection says

If the number of cases doubles every three days and the contagion takes three weeks to peak, several hundred thousands of people in New York could become infected.

9 days ago

Coronavirus

us-is-willing-to-use-military-action-against-syria-again-mike-pompeo-warns

Iran officials stole $1 bln of coronavirus funds, Pompeo says in pushback against Khamenei

Iran is more interested in waging an ideological warfare instead of fighting coronavirus, Pompeo says.

10 days ago

Coronavirus

What is a Black Swan event? US stocks to fall further before they hit the bottom?

Global corporate revenue are expected to take $12 trillion hit; Goldman Sachs warns that global real GDP will shrink by about 1 percent in 2020 from the coronavirus impact.

11 days ago

Coronavirus

Passive immunization: This quick method can save millions before Coronavirus vaccine arrives

Since there are thousands of people who recover from the disease the world over, it is possible to scale the serum therapy at a localised level in each country.

13 days ago

Coronavirus

Who are Kelly Loeffler and Richard Burr? US Senators sell millions worth of stock before Wall Street crash

Kelly Loeffler dumped shares on January 24, while Burr and his wife Brooke sold up to $1.7 million worth of stocks on February 13.

14 days ago

Coronavirus

$US readies 1 trillion stimulus: Trump may give large corporate tax cuts; Democrats not happy

The Coronavirus Aid, Relief and Economic Security Act is expected to be passed by Congress by Monday.

14 days ago

Coronavirus

US Depression a fancy theme for Chinese; state media warns of 1929-like scenario

The risk of a depression in the United States is greater than ever since the Great Depression of 1929, says Chinese government mouthpiece.

15 days ago

Coronavirus

Coronavirus cure: Favipiravir in Japanese flu drug Avigan 'clearly effective' in curing Covid-19

Medical experts in China have said the Japanese flu drug is 'clearly effective' in treating the coronavirus

15 days ago

Coronavirus

What is Buffett Indicator? US stock market investors should be ready for bigger crash

Before the dotcom bust the US market cap was 146 percent of the of GDP, while it was 137 percent before the 2008 Financial Crisis. On March 4, 2020, it was 146 percent.

16 days ago

Coronavirus Depression

Coronavirus: Your chances of survival better if you have Blood Type O; Type A more vulnerable - Study

It is not clear if enough epidemiological analysis and adequate sampling underpin the findings

16 days ago

Coronavirus

Talk of global recession gives way to fears of a 2020 depression

There is no sign that that we have avoided the 2008-type scenario completely.

17 days ago

Coronavirus

China flays US for 'hijacking' CureVac coronavirus vaccine research from Germany

China government mouthpiece says US chasing its "America First" ideology" at the wrong time.

17 days ago

Coronavirus

Coronavirus can upset Donald Trump victory in November; Bookies say Biden ahead now

Oddsmaker Paddy Power says Biden has overtaken Donald Trump as the favorite 'for the first time since we opened a betting market on the 2020 Presidential Election'.

17 days ago

Coronavirus