World

An American car broke the record for the fastest car in the world, and snatched the title from Bugatti Chiron.

At a time when the world’s economies are struggling after the knockout hit by the emerging corona virus, a new report revealed that the richest people in China, where the virus first appeared, have grown richer and reached a record of $ 1.5 trillion over the past year.

 The President of the American International Development Finance Corporation, Adam Buehler, announced, Tuesday, that the United States, the United Arab Emirates and Israel will establish a fund "to encourage private sector investment and regional cooperation.

Oil prices declined, Monday, after the growth of the Chinese economy in the third quarter of the year was weaker than expected, highlighting concerns about the impact of the growing Coronavirus infections around the world on demand for the largest importer of crude in the world.

The US government announced that the budget deficit for 2020 rose by 218 percent, to a record high of $ 3.1 trillion in the fiscal year ending on September 30, due to the massive spending to combat the consequences of the Covid-19 pandemic.

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