Day 93

16/06/2020 Tuesday, cloudy & shower

The US government changes the rules of entity list and allows US companies to fully engage with Huawei in standards work. It shows one doesn't have to have overwhelming power against competitors, but need to hold sufficiently high stakes in the shared interest. Standards work is all about competing and cooperating. One company or a few cannot do all the work on his/their own.

U.S. posts rule allowing U.S. companies to work with Huawei on 5G and other standards

Scientists hail dexamethasone as "major breakthrough" in treating COVID-19

LONDON (Reuters) - The number of people on British employers’ payrolls fell by more than 600,000 in April and May as the coronavirus lockdown hit the labour market, and vacancies plunged by the most on record, data showed on Tuesday.

“Unemployment will get worse before it gets better,” Nye Cominetti, an economist at the Resolution Foundation think tank, said, pointing to the scheduled expiry of the government’s furlough scheme at the end of October.

Many companies, ranging from carmakers to airlines, have announced permanent layoffs of workers.

NEW DELHI/SRINAGAR (Reuters) - India’s army said on Tuesday 20 of its soldiers had been killed in clashes with Chinese troops at a disputed border site, in a major escalation of a weeks-long standoff between the two Asian giants in the western Himalayas.

Maybe the Covid-19 is out of control inside India?