The US Trade Representative Ambassador Katherine Tai has released a statement showing the current Biden-Harris administration’s support for waiving the intellectual property protections for COVID-19 vaccines. In a statement released by the Office of the United States Trade Representative, Ambassador Katheirne Tai stated that “This is a global health crisis,Continue Reading

President Ibrahim Mohamed Solih has given the greenlight to close all government offices in the Greater Malé Area as a series of preemptive measures  taken to curb the surge in COVID19 cases in the Maldives. The announcement was made through a statement release by the President’s Office. However, the statementContinue Reading

Parliament debate on the government’s proposed budget for 2021 has ended after over 15 hours of debate. Following the proposal of the budget last Monday, the MVR 34.7 billion budget was criticized by both the opposition and ruling party members. Majority of the parliamentarians criticized the budget stating the highContinue Reading

German payment processor and financial  service provider Wirecard collapsed this Thursday after its auditor Ernst & Young revealed a massive irregularities within its records. The $6.69 billion worth company filed for insolvency stating that the company will be unable to pay $1.5billion of loans due raising concern over its survival.Continue Reading