Week 02 of 2021 – YPF Around the Globe

(8th JANUARY 2021 TO 14th JANUARY 2021 )
Contributors:
Oishee Eerada Maudud, Sabyasachi Karamker, Shanjida Hossain and Farhan Uddin Ahmed

Week 02 Economics & Business
Bitcoin fell by over 19 percent to $30,699, which is the lowest level in a week

Bitcoin plummeted more than 19 percent on Monday, 11th January 2021. This is its largest single-day drop since March 2020, which was caused by the chaos brought on to financial markets by the coronavirus pandemic.

Source: Times of India

Week 02 Politics
Biden unveils $1.9tn US economic relief package

President-elect Joe Biden has unveiled a $1.9tn (£1.4tn) stimulus plan for the coronavirus-sapped US economy before he takes office next week. If passed by Congress, it would include $1tn for households, with direct payments of $1,400 to all Americans.

Source: BBC

Week 02 Significant Corona Update
Disappointing Chinese Vaccine Results Pose Setback for Developing World

Scientists in Brazil have downgraded the efficacy of a Chinese coronavirus vaccine that they hailed as a major triumph last week, diminishing hopes for a shot that could be quickly produced and easily distributed to help the developing world.

Source: The New York Times

Week 02 Science & Technology
GM goes all-in at CES 2021 with air taxis and EVs galore

Even though CES 2021 is an entirely digital affair, General Motors treated its keynote like a full-on event, releasing a whole host of concepts and teasers for vehicles and quasi-vehicles across its spectrum of companies. CES staples like flying cars and self-driving pods made an appearance, as did a number of vehicle concepts that will be arriving in production form in the coming years.

Source: CNET

Week 02 RMG/Agriculture
EU farmers could get cash to curb emissions from belching livestock

Farmers should get European Union funding to reduce methane emissions from livestock or increase organic farmland, the European Commission said on Thursday, under plans to make agriculture greener. Farmers should get European Union funding to reduce methane emissions from livestock or increase organic farmland, the European Commission said on Thursday, under plans to make agriculture greener.

Source: Reuters

Week 02 Social & Education
The Capitol Police Had One Mission and now the Force Is in Crisis.

The department’s performance during the rampage at the Capitol has cast a harsh light on an agency that has been unused to public scrutiny.

Source: The New York Times

Week 02 Environment
Madrid Is Buried Under Heaviest Snowfall in 50 Years

The heaviest snowfall in five decades has blanketed Madrid over the past few days, after giant storm Filomena hit southern and central Spain, causing at least three deaths and prompting the authorities to activate the highest level of weather warning in the capital.

Source: The New York Times

DISCLAIMER: THE INFORMATION PROVIDED HERE IS OBTAINED SOLELY FROM THE THIRD PARTIES MENTIONED ABOVE. YOUTH POLICY FORUM (YPF) IS NOT RESPONSIBLE FOR ANY MISINFORMATION OR MISREPRESENTATION.

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