Friday, 20 March 2020 Asian shares sought a reprieve on Friday as Wall Street eked out gains, bonds rallied and oil boasted its biggest bounce on record, though a panicked rush into U.S. dollars suggested the crisis was far from done.
Indian businessman Mukesh Ambani is worth $68.4 billion. Business Insider says he's the richest person in India and all of Asia. What do we know about him? Ambani is the chairman and largest shareholder of oil-to-telecom conglomerate Reliance Industries. He is almost four times richer than the second-richest person in India. He and his family live in a 27-story skyscraper in Mumbai that cost an estimated $1 billion to build. Ambani gets approximately $31,202 richer every minute.
Boris Johnson has accused China of breaching a key treaty with Britain by imposing a heavily criticised national security law on Hong Kong.But what is the background to the legislation, why is the UK concerned, and how has the world responded?
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Sugar consumption is linked with larger fat deposits around the heart and in the abdomen, which are risky for health, finds a new study. Excess sugar consumption is a worldwide problem. The six countries with the highest sales of sugary drinks per capita are Chile, Mexico, Argentina, Peru, the US, and Saudi Arabia. The demand for sugar is expected to increase in Asia, Africa, and Russia. This observational study examined both sugar-sweetened beverages (such as soft drinks, fruit drinks, energy drinks) and sugar added to foods and beverages for sweetness (for example when cooking or in processed foods). The researchers analysed the association between long-term sugar consumption and fat stores around the heart and other organs. Researchers found that sugar intake over the 20-year period was related to fat volumes later in life. Higher intakes of both sugar-sweetened beverages and added sugar (/topic/sugar) were related to greater fat stores around organs in a stepwise fashion.
U.S stocks rose Wednesday and the Nasdaq hit a record closing high, supported by tech shares as early signs of an economic rebound offset concern about rising coronavirus cases across the country. Fred Katayama reports.
In March, Bernie Sanders lost his second bid for the Democratic presidential nomination. According to the NY Times the George Floyd protests and their cultural repercussions, may have destroyed Sanders entire case for a socialist America. The paper posits that this summer he may lose his battle for the future of the left, his legacy gone up in smoke. Cultural battles, pro business and pro Wall Street programs have over shadowed Sanders "millionaires and billionaires are evil" narrative.