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Global banks bracing for losses amid US hedge fund collapse

The sudden liquidation of the New York-based billionaire Bill Hwang’s Archegos Capital Management ignited a fire sale of more than $20 billion in assets that has left some of the world’s biggest investment banks bearing billions of dollars of losses. According to billionaire investor Mike Novogratz, the collapse of Hwang’s …

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‘Nobody wants a complete ban on foreign social networks,’ Kremlin says, but companies must be forced to comply with Russian rules

President Vladimir Putin’s spokesman, Dmitry Peskov, told Moscow’s Argumenty i Fakty newspaper on Tuesday that he was optimistic foreign-owned social media giants could learn to live within the country’s laws. “It is necessary to find a middle ground between the priorities of media freedom and regulation,” he said. “More and …

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Humans possess genetic blueprints to produce venom, study suggests

Scientists from the Okinawa Institute of Science and Technology Graduate University and the Australian National University examined “co-operating” genes associated with venom production but not directly responsible for it in the Taiwanese habu snake (Trimeresurus mucrosquamatus), finding over 3,000.  These venom-associated genes carry out housekeeping, such as protecting cells from …

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Despite roll-out, Russians ‘in no hurry’ to receive Covid-19 vaccines as suspicion is a ‘national characteristic,’ Kremlin claims

Speaking to Moscow-based newspaper Argumenty i Fakty, President Vladimir Putin’s press secretary, Dmitry Peskov, admitted that distrust in domestically-produced vaccines is still hampering immunization efforts. “In terms of why people are in no hurry to get vaccinated, it seems to me that this is one of our national characteristics,” the …

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Syrian President Assad and wife recover from coronavirus

“After the end of the quarantine period, symptoms of Covid-19 and negative PCR results, President Bashar al-Assad and Mrs. Asma al-Assad have resumed their work normally,” SANA news agency said on Tuesday. In a Twitter message, the Syrian Presidency confirmed the news, wishing all Syrians who have contracted the disease …

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