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Posted by The Analyst | 10 April 2020 | Business
Boeing may slash staff by 10% amid coronavirus crisis & 737 MAX fiasco

American aviation giant Boeing could cut its more than 150,000-strong workforce by around 10 percent as the Covid-19 pandemic continues to take a toll on the global airline industry, according to the Wall Street Journal (WSJ). The plane maker could offer its workers early retirement as well as voluntary layoffs, the outlet said, citing sources,...

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Posted by The Analyst | 10 April 2020 | Breaking News
Number of coronavirus cases in Russia rises by 1,786 to 11,917

The number of coronavirus cases in Russia rose by 1,786 in the past 24 hours, the country's largest daily rise so far, the crisis center said in a statement on Friday. This brings the total number of confirmed cases in Russia to 11,917. It added that coronavirus patients had been identified for the first time...

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Posted by The Analyst | 10 April 2020 | Politics
Nobody knows anything: West doesn’t trust China’s Covid-19 figures, but are its own numbers any more meaningful?

Whatever the eventual impact of the coronavirus, one thing has become apparent: when governments are the gatekeepers of data-gathering, there is no reliable source of information on the scale of the pandemic. It did not take long for a war of information to break out over the true extent of Covid-19. Every morning, we wake...

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Posted by The Analyst | 10 April 2020 | Business
OPEC+ struggle to seal deal to cut output, as 10mn barrel oil curb hinges on Mexico’s approval

OPEC+ has said the proposed cut of 10 million barrels per day tentatively agreed after marathon talks would only happen with Mexico's nod. The country, which is hellbent on boosting production, reportedly balked at the idea. The body of world oil producers called on its members to “contribute to the efforts aimed at stabilizing the...

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Posted by The Analyst | 09 April 2020 | Politics
Twitter jams open a back door to track your phone – which may already be in use by the government

Twitter is no longer allowing users to hide private data like their phone's unique tracking identifier from advertisers, at the same time the US government is apparently targeting advertiser data to track Covid-19. Coincidence? The social media giant announced the changes in a popup when users logged in on Wednesday, glibly informing those outside Europe...

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Posted by The Analyst | 09 April 2020 | Business
Oil prices slide as OPEC+ closes in on record production cut deal

Following a brief surge, crude prices slumped again on Thursday, while OPEC and major producers led by Russia are still discussing a new output cut deal, expected to be a record one. The prices surged by some 12 percent on reports that Russia and Saudi Arabia managed to agree on new production cuts. The growth,...

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Posted by The Analyst | 09 April 2020 | Politics
Ecuador’s Correa is latest example of Latin America’s right-wing using courts to smash adversaries, hold power

Weaponizing courts against political opponents has become the modus operandi of the right-wing across Latin America. By sentencing Ecuador's ex-President Correa, Moreno and his allies sought to take him out of contention. Ecuador's authorities may have struggled to deal with the rotting corpses of the Covid-19 dead in the streets of Guayaquil, but they have...

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