Boris Johnson's brother has stepped down from his position as an advisor on the board of directors of Bfinity, a controversial exchange. According to a report published by Reuters, a lawyer for the British politician has denied accusations that he engaged in misconduct or acted dishonestly. However, the exchange is reportedly facing a legal investigation that may lead to the departure of other members of the team.
Jo Johnson steps down as advisor on the board of directors of Bfinity
One of the most talked about crypto startups in recent memory, Binance, has been in the news for the wrong reasons. Among them is the fact that the company is attempting to get a regulatory license to offer financial services in the UK. Considering the country's regulatory climate, this is a tall order. Fortunately, the company isn't alone in the fray. Last month, the UK's Financial Conduct Authority ruled that the company can't offer financial services in the country without permission. Despite the ban, the company has vowed to continue its foray into the UK's financial ecosystem. It's been reported that Binance's chief financial officer, David Chen, has been making trips to London to consult with officials on how to get the requisite license.
COVID-19 death toll exceeds 40,000 in the United Kingdom
The UK's COVID-19 death toll has passed 40,000, according to official figures, which is the highest death toll for any country in Europe. Boris Johnson's government has been criticised for its handling of the pandemic.
Scientists warned the government to reconsider its decision to lift restrictions on allowing hospitals to be open during the pandemic. They said the measure could have saved as many as 59,000 lives.
While the UK's official COVID-19 death toll of 40,261 is higher than the previous week's toll of 381, the true count may be more than 40,000. That's because new data has just been released. It counts every single death certificate that lists the coronavirus as the cause of death.
This new data is being used to determine the net mortality burden of the coronavirus pandemic. Researchers have looked at observed counts of deaths over specific time periods and compared them to the expected number of deaths during the same period.
Clinical trial to investigate effects of HIV medicine and a steroid drug on UK patients with COVID-19
The RECOVERY trial is the largest clinical trial to investigate the effects of HIV medicine and a steroid drug on UK patients with COVID-19. The trial has more than 40,000 participants. It is being conducted in 185 trial sites across the UK.
The trial team has released preliminary findings. They have important implications for patient care. They have discovered that corticosteroids are effective in the treatment of COVID-19.
These drugs are commonly used for the treatment of other inflammatory diseases. It is well understood that these drugs can help prevent blood clots. In addition, corticosteroid administration was associated with lower rates of chronic heart disease, dementia, and chronic neurological disease. It is also cheap.
The RECOVERY trial has been funded by the National Institute of Health Research. It is one of the first trials to assess the effectiveness of a steroid drug in patients with COVID-19.
J.K. Rowling's Ickabog
As a result of recent exchange controversy, Boris Johnson's brother resigned as a Binance advisor. He said the situation was "unsatisfactory" and he would concentrate on his new role with the digital currency exchange.
A new report from the National Trust in the UK details dozens of properties linked to slavery. The toll from the COVID-19 virus has risen to over 980 deaths, and the UK government is now considering taking on more staff.
After announcing the COVID-19 lockdown, the UK government announced a series of new restrictions aimed at preventing a repeat of the outbreak's deadly surge. For example, the government wants people who can't do their jobs at home to come back to work.
The United Kingdom has also rolled out an ambitious plan to cut its dependence on cheap low-skilled labor. It also announced plans to impose full customs checks on all EU goods entering the country after the Brexit transition period is over.
J.K. Rowling's lawyer denies acting improperly or dishonestly
Harry Potter scribe JK Rowling has come under fire for her transphobic views. However, she has remained steadfast in her defence, and her latest book, The Ink Black Heart, bears a number of similarities to her own public controversy.
One of the most controversial elements of Rowling's latest work is the use of pseudonym Robert Galbraith to create an almost 1,200-page novel. During the course of a three-month period, the book sold more than a thousand copies. Although a few critics have been quick to call it the Harry Potter lite, others have hailed it as "beyond parody" and have called for a boycott of the author's work.
The book's adulation of the fictional Edie Ledwell, a popular cartoonist, has drawn criticism. She is branded a ableist, a racist and a transphobic.
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The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.