June 2020 – Page 2 – PressClub World

12. 6. 2020 No Responses

El-Erian Warns: Bad Things Happen When Markets Front-Run The Economy

Governments need to ensure durable growth that benefits more than the well-off in society. For most of the last 15 years, the US economy has relied on a mix of public and private finance to liquefy financial markets, boost asset prices...

10. 6. 2020 No Responses

Volkswagen Management In Turmoil

As if Volkswagen didn’t have enough problems as it attempts to extricate itself from the coronavirus morass, the issue of its unsatisfactory system governance is rearing up again. CEO Herbert Diess lost his other job as head of VW brand...

9. 6. 2020 No Responses

Chesapeake Energy preps bankruptcy plan

In 1994, the Italian scientists discovered a new physical phenomenon – the production of energy in Ni / H reactions. These reactions were neither chemical nor nuclear. His work was followed by about 50 scientific teams, including such names as...

8. 6. 2020 No Responses

Euphoria Hits Dot Com Insanity High

Less than three months after markets were gripped by a historic bout of panic, dumping everything – bonds, stocks, gold, bitcoin – in a liquidation frenzy, euphoria on Wall Street is back to levels not seen since the dot com bubble...

7. 6. 2020 No Responses

NASA Announces “Lattice Confinement Fusion”

NASA Glenn Research Center published article Lattice Confinement Fusion: NASA Discovers Potential New Power-Generation Method. Excerpt: Lattice Confinement Fusion NASA Discovers Potential New Power-Generation Method A team of NASA researchers seeking a new ene...

6. 6. 2020 No Responses

World Trade Refuses To Rebound

The pandemic and ensuing lockdowns across the world have led to a recession, if not depression, unseen since the 1930s. It has resulted in unprecedented job loss and economic declines in both developed and emerging economies. Central bankers have spent the...

5. 6. 2020 No Responses

GE Aviation delivers first KF-X engine

The US-based powerplant manufacturer announced the milestone on 4 June, noting that the first F414-GE-400K engine was delivered in May. Korea Aerospace Industries (KAI) selected GE Aviation in May 2016 to partner on the KF-X project, with an initial 15...

4. 6. 2020 No Responses

ECB Expands Emergency QE By €600 Billion To €1.350 Trillion

As previewed last night, consensus was expecting for the ECB to boost its emergency QE PEPP program by €500BN. So perhaps not to risk disappointing markets, moments ago the Central Bank announced that it would not only expand the PEPP...

3. 6. 2020 No Responses

Kratos XQ-58A Valkyrie as a potential platform to carry the Skyborg system

The U.S. Air Force has issued a broad agency announcement to seek technical proposals for a potential $400M program that aims to advance prototyping and experimentation work on Skyborg unmanned air vehicles. A notice last week says the Skyborg Prototyping,...

2. 6. 2020 No Responses

OPEC+ May Extend Its Historic Production Cut Agreement

OPEC+ is set to bring forward its meeting to Thursday, with a short extension of the current production cuts as the most likely outcome. Originally scheduled to take place on June 9, OPEC is now looking at moving it up to...

1. 6. 2020 No Responses

IndiGo, GoAir get extended deadline till August 31 to replace Pratt & Whitney engines

IndiGo and GoAir’s P&W engine-powered A320neo planes have been facing glitches over the past few months causing large-scale flight disruptions affecting thousands of passengers and raising safety concerns. In the wake of coronavirus-induced lockdown,...

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