Following the financial crisis, the European Banking Authority (EBA) has established tighter standards around the definition of default (CRR Article 178) to achieve greater alignment across banks and jurisdictions. These need to be implemented by the end of 2020.
Hong Kong’s Chief Executive, Carrie Lam has recently warned that the hospital system of Hong Kong is on the verge of significant collapse, as the region is facing a sharp rise in the cases of COVID-19. He pleaded with residents to follow new strict measures to stop the spread of the virus.
The Japanese-owned ship, MV Wakashio, was on its way from China to Brazil when it ran aground on the reef at Pointe d’Esny, south of Mauritius on July 25, and began to leak tons of oil into the pristine Indian Ocean.
Covid-19 cases have exceeded the 9.8 million threshold globally while the death toll is approaching 500 thousand: this is what emerges from the statistics published by Johns Hopkins University.
Hundreds of Rohingya refugees stuck at sea Hundreds of Rohingya…
In almost all countries, wearing the mask is near-universal in public places and are mandated in others. While we all make it look like a new normal, there is a whole another country with a lot of people pushing back about covering up.
After the United Arab Emirates, Bahrain has also started diplomatic relations with Israel. But the Middle East is still split.
Vietnam has managed the Covid-19 pandemic flawlessly On March 24,…
The FDA’s authorisation for emergency use of the first Covid-19 vaccine is a significant milestone in battling this devastating pandemic that has affected so many families in the United States and around the world.
THE NEW EU THROUGH CORONABOND Coronavirus continues to plague the…
Wildfires fueled by extreme heat and high wind spread further across California, Oregon, and Washington on Thursday, destroying hundreds of homes and killing at least seven people.
The Rescue Mission! The environment has always been a part…
Sunday, August 2nd. More than 10,000 protesters invaded the centre of Jerusalem. They participated in the new demonstration against Israeli Prime Minister Benjamin Netanyahu.
The Extinction Rebellion launched a 10-day strike, the first action since the laws of the lockout was relaxed.
After the 10-month dark tunnel that upended millions of lives in 2020, a shed of light has given hope to people in 2021. India is all set to kick off what is touted to be the world’s largest vaccination drive against Covid-19 on January 16.