As the spread of Covid-19 ramped up in March, financial markets came close to their own lockdown. It required large-scale interventions by central banks on both sides of the Atlantic to stop a credit crunch. The Bank of England slashed bank rate to 0.1 per cent, the Federal Reserve injected huge liquidity into the system, … Read more
50,000 extra non-EU workers and their families will be let into the UK each year under new immigration system… but there will be 80,000 FEWER migrants from EU countries Home Office admitted extra 50,000 workers could arrive from rest of the world A further 25,000 students will bring the total up to 75,000 each year … Read more
The Los Angeles County coroner’s office has released the autopsy reports Kobe Bryant, his 13-year-old daughter Gianna and seven others who were killed in a California helicopter crash in January. Bryant was headed to his daughter’s basketball tournament at his Mamba Sports Academy in Thousand Oaks, California, on the morning of January 26, when the … Read more
MIT researchers develop wireless system that measures use of appliances likes microwaves and hair dryers so data can be used to optimize energy usage The system is called Sapple and uses radio waves and a smart e-meter It is being positioned as a way to increase energy savings A Wi-Fi like box can judge radio … Read more
Health chiefs have awarded an IT development firm a £3.8million contract to see if it can use Apple and Google software in the new coronavirus contract tracing app. NHS digital innovation arm NHSX has asked the London office of Swiss firm Zuhlke Engineering to develop and support the app which is on trial on the … Read more
Scientists have developed an environmentally friendly plasma-powered jet propulsion system that needs air and electricity to propel itself forward. A Chinese team say their prototype can generate thrust on the same magnitude as a commercial jet engine without burning fossil fuels and emitting greenhouse gases. The device converts high pressure air into a jet of … Read more
It has long been thought that Earth’s moon is made of ‘dead’ rock, but new evidence suggests otherwise. Data from NASA‘s Lunar Reconnaissance Orbiter (LRO) shows ridges with freshly exposed bedrock on the surface, which are a result of an active tectonic system. More than 500 patches of exposed rock were found on the nearside … Read more
The cost of the coronavirus pandemic on the US healthcare system could be hundreds of billions of dollars in direct medical expenses, a new study suggests. Researchers say the average cost of the infection alone is $3,045, four times higher than the flu and five times more than a case of whooping cough. With as … Read more
Britons struggled to book coronavirus test on Government’s new online system today as Ministers race to meet their 100,000 daily target by the end of next week. Some ten million key workers and their households are now eligible for the tests, but the website was already telling them as early as 8.30am that today’s allocation … Read more
A Japanese expert who criticised the country’s response to the coronavirus warned the healthcare system is ‘on the verge of collapse’ and that the Olympics may not be able to go ahead even in 2021. ‘The system is on the verge of collapse in many places in Japan,’ said Kentaro Iwata, a professor of infectious diseases … Read more