Month: August 2020

One of the most exciting things about technology is that it is always advancing thanks to brilliant minds that are always curious and hungry for more. When a new milestone is achieved and a once-inconceivable idea takes shape—and even begins to hit the mainstream—it almost feels like things can’t evolve further. But they can, and they do. Take electricity. People have continued to advance ways of producing, distributing, installing and using electricity. And it’s been nearly 300 years. The electricity we use features a dual character—both a basic part of…

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SLAMABAD: A group of diplomats and foreign relations experts from the Islamic Republic of Iran and Pakistan, stressing the use of capacities of regional economic organizations to strengthen bilateral and multilateral relations said cooperation between Iran’s Chabahar and Pakistan’s Gwadar ports would enhance ties between the two states. They expressed the views during a Webinar on the “Iran-Pakistan Economic Partnership in the Post-Corona era” hosted by Golden Ring Economic Federation (GREF) in Lahore with the cooperation of the Embassy of the Islamic Republic of Iran here Saturday. “Mashallah Shakeri”, Advisor…

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President Trump on Saturday baselessly accused the Food and Drug Administration of impeding enrollment in clinical trials for coronavirus vaccines and therapeutics for political reasons, as he broadened and escalated his attacks on administration scientists. “The deep state, or whoever, over at the FDA is making it very difficult for drug companies to get people in order to test the vaccines and therapeutics,” he said on Twitter. “Obviously, they are hoping to delay the answer until after November 3rd. Must focus on speed, and saving lives!” He tagged FDA Commissioner…

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Offshore drilling major Valaris became the latest victim of the crisis this week as it filed for bankruptcy in the U.S., proposing a swap of some $6.5 billion in debt that will see creditors become its owners. But it is just the latest headache for offshore drillers. There is more than $20 billion in offshore drillers’ debt still out there—and there are not many new drilling contracts. This considerable debt pile is bad news. Expectations that offshore drilling orders will not begin to return until 2021 is even worse news.…

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