Good news is in short supply during any crisis, and this one has been no exception. The energy industry is being pummeled to the ground by low oil and gas prices, crippled demand for hydrocarbons, and unfriendly banks. But there is one part of this space generating good news: renewables. And, more specifically, wind power. Often in the shadow of cheap solar, which can be slapped up on a rooftop to generate electricity, wind power is now coming to the fore. Costs, as for solar, have fallen substantially over the years,…
Read MoreDay: July 13, 2020
Trump wears mask in public for first time during pandemic
United States President Donald Trump wore a mask during a visit to a military hospital on Saturday, the first time the president has been seen in public with the type of facial covering recommended by health officials as a precaution against spreading or becoming infected by the novel coronavirus. Trump flew by helicopter to Walter Reed National Military Medical Center in suburban Washington to meet wounded service members and health care providers caring for Covid-19 patients. As he left the White House, he told reporters: “When you’re in a hospital,…
Read MoreAmitabh, Abhishek Bachchan hospitalised after testing positive for Covid-19
Bollywood superstar Amitabh Bachchan, his son and two other family members have tested positive for the coronavirus in Mumbai, India’s financial and entertainment capital, a government minister said Sunday. The Nanavati Super Speciality Hospital said that Amitabh Bachchan was in stable condition with mild symptoms in an isolation unit. Bachchan, 77, said in a tweet Saturday that he had tested positive and appealed to those who were in close proximity to him in the past 10 days to get themselves tested. His son, Abhishek Bachchan, 44, tweeted Saturday night that…
Read MoreFlorida sets one-day record with over 15,000 new Covid-19 cases, bigger increase than most countries
Florida reported a record increase of more than 15,000 new cases of Covid-19 in 24 hours on Sunday, a day after Walt Disney World in Orlando reopened and anti-mask activists held a rally at a nearby restaurant. If Florida were a country, it would rank fourth in the world for the most new cases in a day behind the United States, Brazil and India, according to a Reuters analysis. Florida’s daily increases in cases have already surpassed the highest daily tally reported by any European country during the height of the pandemic.…
Read MoreChina economy rebounds in Q2 after virus hit
China returned to growth in the second quarter after the coronavirus pandemic handed the world’s second largest economy its first contraction in decades, according to an AFP poll of analysts. The survey of analysts from 11 institutions pegged China’s growth at 1.3 percent — a far cry from the 6.1 per cent expansion posted last year but in better shape than other countries still grappling with the contagion. The coronavirus, which first emerged in China’s industrial central province of Hubei late last year, has shut businesses worldwide and destroyed hundreds of millions…
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