Europe is generally seen to be easing the lockdown measures.
NASA proposes the Artemis Accords, a framework under which lunar mining will be explored with the cooperation other foreign space agencies. Along with Netflix trying to keep up with this trend in its new series, SpaceX became the first private company to have sent actual humans into orbit.
As a result of the Coronavirus, U.S unemployment rose as high as 13.3%, if not more. On the other hand, the consumer price index has decreased for about 0.8%. As if the pandemic itself was not enough, the United States are now plagued by protests flared by the death of George Floyd, caused by the discrimination and brutality of a policeman.
The German Constitutional Court declared that the European Central Bank acted beyond boundaries when buying government bonds with view to quantitative easing. This disagreement matters, as the German national interest challenges the interests and perhaps the cohesion of the European Union.
Talk about indecisive: Philippines retracted its decision to end the treaty allowing the presence of U.S troops.
Despite tensions rising between the United States and China, the two states are trying their best to implement the so called “Phase One” trade deal. At the same time, the Trump administration terminated its relationship with the World Health Organization, accusing it of serving Chinese interests.
An excellent example of how China is using its economic power defensively are the trade obstacles it imposes upon Australia, one of the states actively pushing for an investigation of Covid-19 origins. Eventually China opened itself to investigation. Despite that, the two countries are still in conflict on multiple levels. China recently warned its citizens to avoid travelling to Australia due to “sudden rise. in discriminatory and violent actions” against Chinese Nationals and even sentenced an Australian drug smuggler to death.
India unleashes a Covid-19 stimulus package worth about 10% of India’s GDP. Speaking of Indians, they had a low intensity conflict with China across their border. Eventually, the two countries decided to resolve the conflict peacefully.
China passes a controversial national security law, pretty much negating the relative autonomy of Hong Kong’ one country, two systems rule. The legislation allows China to intervene and operate in Hong Kong through its national security agencies and security forces. As expected, the United States are strictly against this move and threaten China via economic diplomacy.
Tensions between the two Koreas escalate as the North one ghosts and cuts communication with the South one.
Greece and Italy sign an agreement on the Exclusive Economic Zone between them in the Ionian Sea.
The United Kingdom, pressured by its Brexit agenda, refused to extend its membership in the EU single market beyond the deadline of December 31, which, of course, leaves less time for the two sides to negotiate the terms of a free trade agreement.
The United States will continue withdrawing troops from Iraq, as the situation with the Islamic State seems stable, for the time being,