Month: July 2020

Iran says no talks with US that will only help Trump’s re-election bid

Iran will not open talks with the United States that will only benefit Donald Trump, supreme leader Ayatollah Ali Khamenei said on Friday, insisting the president’s sanctions policy had failed.Decades-old tensions between Tehran and Washington have soared in the past year, with the sworn enemies appearing several times to come to the brink of war.The…

Iceland wants to shield Arctic from rising US-China tensions: PM

Iceland wants to protect the Arctic from rising global tensions between the United States and China, the Icelandic Prime Minister said on Thursday.Her comments followed a trip to Denmark last week by US Secretary of State Mike Pompeo during which he criticised China for designating itself a near-Arctic nation.“We have obviously seen a rise in…

Nasa’s Perseverance Mars blasts off in search of signs of alien life

The biggest, most sophisticated Mars rover ever built – a car-size vehicle bristling with cameras, microphones, drills and lasers – was launched for the red planet on Thursday, part of an ambitious, long-range project to bring the first Martian rock samples back to Earth to be analysed for evidence of ancient life.Nasa’s Perseverance rode a…

Former US marine Trevor Reed jailed for nine years in Russia for assaulting two police officers

A Russian court on Thursday sentenced former US marine Trevor Reed to nine years in prison for assaulting two police officers while drunk last year.Reed, a 29-year-old student and former marine from Texas, allegedly attacked police after attending a party in Moscow.He appeared wearing a facemask in a cage for defendants in a courtroom in…

China urged to develop its own international payment system to counter risk of US financial sanctions

Chinese researchers and former officials have increased the urgency of their calls for Beijing to insulate the country from the potential risk of being cut off from the US dollar payments system, as new US government sanctions are expected to punish officials involved in the implementation of Hong Kong’s new national security law, and the…

WeLab takes its virtual banking battle to Hong Kong’s bricks-and-mortar lenders with higher rates, rebates in opening salvo

Hong Kong’s newest virtual bank is seeking a slice of the city’s banking business by stirring up competition at a time when the Covid-19 outbreak is driving more consumers and businesses to online platforms.WeLab Bank opened for business today after a three-month trial by dangling a 4.5 per cent annual rate on deposits from as…

Hong Kong needs citywide coronavirus testing, China’s ‘Sars hero’ Zhong Nanshan says

China’s top respiratory disease expert Zhong Nanshan has urged the Hong Kong government to carry out citywide Covid-19 testing to contain its third wave of local infections.Hong Kong registered a triple-digit rise in Covid-19 cases for the eighth day running on Wednesday, pushing its total infections over 3,000 since its first coronavirus outbreak in late…