In 1300 or so Marco Polo, a Venetian merchant, introduced Europeans to a monetary marvel witnessed in China. The emperor, he wrote, “causes the bark of trees, made into something like paper, to pass for money all over his country”. Eventually the West also adopted paper money, some six centuries after China invented it. More recent …
The early days of the internet were full of predictions about access to information unleashing a wave of democratisation. More recently, views on the internet’s impact have soured, as states use it to spy on dissidents and influence foreign elections. Opinions on this topic are abundant, but hard data are scarce. No one knows whether the …
THE PANDEMIC has hit the world economy with the biggest shock since the second world war. It has also created big performance disparities between countries. By the end of next year, according to forecasts by the OECD, America’s economy will be the same size as it was in 2019 but China’s will be 10% larger. The pandemic will …
The White House on Friday took a new coronavirus stimulus offer to Democrats, believed to cost $1.8 trillion, as the sides work to strike a deal before the 2020 election. The plan would mark an increase from the $1.6 trillion the Trump administration previously proposed. House Democrats passed a $2.2 trillion bill earlier this month, and the …
With more people stuck indoors and craving entertainment thanks to lockdowns across the country, you’d think that video game retailer GameStop would be thriving. GameStop’s core business is selling new and used software and hardware to video game enthusiasts. But the coronavirus pandemic has decimated the already struggling chain. Even before the pandemic started, gamers had already begun to shift from …
RETAIL Why GameStop declined as video games boomed قراءة المزيد »
Like many modern tech companies, UiPath had been expanding its mental health benefits to employees in recent years, committing the equivalent of 1% of salaries to health and wellness programs. More than seven months into the coronavirus pandemic, that all seems quaint. The crises of 2020 have taken stress, anxiety and depression to entirely new levels for …
More than 26 million Americans are currently collecting unemployment benefits, according to the Labor Department. Of those, over 13 million are relying on pandemic-related programs for benefits, as they would not normally be eligible. But further stimulus package negotiations remain at a standstill, even as experts urge Congress to take action. More waiting could “lead to a weak recovery, creating unnecessary …
Al Ghad’s Muhammad Momani said that the government has recently announced a series of procedures to resume medical tourism and attract patients willing to receive treatment in Jordan. Reopening doors for medical tourism was accompanied with clear quarantine regulations for patients and their chaperones in hospitals or hotels hosting them, as well as asking for …
MADRID — Madrid’s top court on Thursday struck down virus restrictions on millions in the Spanish capital, as European governments battle to control a sustained surge in virus cases. While people across France and Belgium face closed bars and cafes, countries including Austria and Poland are toughening their rules on mask wearing and other measures. …
Spanish capital rejects lockdown as Europe faces virus surge قراءة المزيد »
The Greater Amman Municipality (GAM) Council has approved an agreement to develop, invest and manage GAM’s assets and investment rights with Amman Vision Investment and Development (AVID), which is wholly owned by the municipality as a master developer and investment arm. The decision was made during a council session chaired by Amman Mayor Yousef Shawarbeh …
GAM Council approves agreement with Amman Vision Investment and Development قراءة المزيد »
The occupancy rate at hotels with a rating less than three stars in Amman stands at zero per cent, said Chairman of the Jordan Hotel Association’s Board of Directors Abdul Hakim Hindi. The occupancy rate in hotels with more than 3 stars ranges from only 2 per cent to 3 per cent, Hindi said in a …
Budget hotels in Amman lie empty as virus takes toll قراءة المزيد »
The motor insurance market in the Asia-Pacific region is expected to grow to $257.8 billion in 2023 from $227.1 billion in 2019, in terms of written premiums, according to GlobalData. According to the analytics company’s ‘Global Motor Insurance Market 2020’ insight report, the motor insurance market in Asia-Pacific is predicted to grow at a compound …
Motor insurance market in Asia-Pacific could top $257bn in 2023 قراءة المزيد »
