A Fintech Frontier Calling for Pioneers


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With the negative impact of the COVID-19 pandemic spreading the globe, the World Bank expects that the global economy will contract by a staggering 5.2% this year, while Ian Bremmer, President of Eurasia Group, speaks of “the first global economic depression of our lifetimes”. Government rescue measures have already exceeded US$4.5 trillion, and growing by the day, leading to not many people feeling optimistic these days.

However, global headlines make it clear that industries are not being affected equally, that some are finding opportunities, despite the many challenges on the horizon. Among those worst-hit are the airline industry, which is forecasted to incur losses of $250 billion, the hospitality and leisure sector, which in the US alone recorded a 47% loss in jobs, and the

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Facebook removes Trump post calling the coronavirus ‘less lethal’ than the flu

“Flu season is coming up! Many people every year, sometimes over 100,000, and despite the Vaccine, die from the Flu. Are we going to close down our Country? No, we have learned to live with it, just like we are learning to live with Covid, in most populations far less lethal!!!” Trump’s tweet and now-deleted Facebook post reads.

Trump on Monday night left Walter Reed National Military Medical Center, where he was being treated for covid-19. Earlier in the day, he posted on social media, “Don’t be afraid of Covid. Don’t let it dominate your life.” That drew intense criticism online for what many saw as him downplaying the virus that has killed at least 209,000 people in the United States.

Neither Twitter nor Facebook took any action against the Monday post and did not respond to repeated requests for comment asking if it violated their policies against coronavirus misinformation.

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