Because of the Covid-19 pandemic, US President Donald Trump suggested that America would save US$500 billion if Washington “cut off” the bilateral relationship with China, after expressing doubts over his recent trade agreement with Beijing.
Business & Finance
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Elon Musk, Chief Executive of Tesla, said production at the company’s primary vehicle factory in California resumed on Monday. As he went against the local authorities attempt to curb the spread of Covid-19 by keeping the plant closed, he took full responsibility by asking that only he should be arrested if that be the case.
Most SMEs are expected to restructure their businesses (29%) or downsize their operations (23%) in order to survive after the damage brought upon to the economy by Covid-19, according to a recent survey by the SME Association of Malaysia.
Occupational experts say that office workers will need to be alert while working in offices as the stay-at-home orders are lifted. Things to bear in mind is to be alert in all areas by laying out buffer zones around desks, clear plastic screens and one-way corridors, and maintaining social distancing as colleagues could at any time cough or sneeze.
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This redistribution of funds has left the African Content with no option but to plea bargain for relief from repayment of billions of US Dollars of outstanding debt it has with the G20 (Group of 20) largest economies. In this case, since China is the major lender, all eyes are on Beijing’s response to Africa’s plea.