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Do you want to know more information about the COVID-19 and the impact on all aspects ?Kind check CFM’s news today .

1.In August, overseas holdings of US Treasuries fell by US$13.8 billion to US$7.08 trillion. Japan’s holdings of US Treasuries fell by US$14.6 billion from US$1.28 trillion in July and remain the largest holder of US Treasuries abroad, while China, the second-largest holder, fell by US$5.4 billion to US$1.07 trillion in August.
2. [World Health Organization (WHO)] the mid-term results of the Solidarity trial showed that treatment with redaciclovir, hydroxychloroquine, lopinavir / ritonavir and interferon had little effect on preventing death or shortening the length of stay of COVID-19 patients, and Solidarity Test will evaluate other therapies, including monoclonal antibodies and new antivirals. At present, dexamethasone is still the only effective drug for COVID-19 ‘s critically ill patients.
3. Brazilian Ministry of economy: a zero-tariff policy will be implemented on soybeans and corn imported into Brazil before January 15, 2021. The aim is to curb inflation caused by the rapid rise in food and beverage prices in Brazil in recent months. Brazil is the world’s largest exporter of soybeans, but the recent devaluation of the local currency, the real, has led to a decline in the price of export commodities and an increase in export volume, which in turn has led to a decline in domestic grain and oil stocks and a rise in domestic prices.
4.The third and final round of consultations on the selection of the new Director-General of the World Trade Organization ((WTO)) was launched in Geneva. In the meantime, the new Director-General of the WTO will continue to be elected from among the two candidates through secret consultations among members. Subsequently, the WTO General Council will approve the new Director-General, and the final result is expected in early November.
5.According to a survey of adults aged 18 to 29 by the Pew Research Center in the United States, 52% of them lived with their parents in July, the highest number since the Great Depression, with the total number of young people “gnawing” at 26.6 million, surpassing the peak of the Great Depression, Forbes reported.
6.Federal Reserve Chairman Colin Powell: the Federal Reserve has not yet decided to issue digital money. It is important for the Federal Reserve Station to be at the forefront of payment technology. At present, there are difficult policy and operational problems in the digital currency of the central bank. There is a need to work with the private sector on the central bank’s digital currency.
7.Moscow Mayor Sergei Sobyanin: Moscow will begin mass vaccination of novel coronavirus vaccine in the next two months. Russia will become the first country in the world to approve novel coronavirus vaccination to the general public. At present, about 10, 000 people in Moscow have been hospitalized with novel coronavirus, of whom about 1000 need to use ventilators.
8.Moscow Mayor Sergei Sobyanin: Moscow will begin mass vaccination of novel coronavirus vaccine in the next two months. Russia will become the first country in the world to approve novel coronavirus vaccination to the general public. At present, about 10, 000 people in Moscow have been hospitalized with novel coronavirus, of whom about 1000 need to use ventilators.
9.Nippon Keizai Shimbun: Japanese parts manufacturers have received a new wave of orders from competitors such as Xiaomi, OPPO and vivo in the month after the US tightened Huawei’s export controls. A representative of a major Japanese parts manufacturer pointed out, “orders at the end of September hit an all-time high.” Some manufacturers even plan to double their production plans for next year. ”
10.Elon Musk: SpaceX is expected to launch its first unmanned mission to Mars in four years. The next generation of SpaceX will be ready by 2023 at the earliest, just in time for the 2024 launch window.


Post time: Oct-20-2020

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