Elon Musk Now the World’s Second Richest Man
Tesla CEO Elon Musk on Monday became the world’s second-richest person with a net worth of $128 billion, surpassing Microsoft Founder surpass Bill Gates according to Bloomberg Billionaires’ Index. Elon has added over a $100 billion to his net worth in 2020 mainly driven by the soaring market value of Tesla shares.
G20 Debt Relief
The World Bank Group President David Malpass on Saturday warned the Group of 20 (G20) that they must provide enough debt relief to some countries to avoid an increase in poverty amid the coronavirus pandemic.
“Debt reduction and transparency will enable productive investment, a key to achieving an earlier, stronger, and more lasting recovery. We need to guard against doing too little now, and then suffering disorderly defaults and repeated debt restructurings as in the 1980s.” He said at the G20’s 2020 summit.
The G20 leaders also announced that they are planning on working to address the “immediate financing needs” of the supply and distribution of coronavirus vaccines.
Google charged by Russia over failure to remove dangerous content
Russia’s communications and information technology authority on Monday said it had launched “administrative proceedings” against Alphabet Inc.’s Google LLC for failure to comply with Russian laws by not removing “up to 30% of dangerous content” banned in the country.
The agency said that Google also failed to take out sites with extremist, obscene and suicidal content from the search results.
