Profitloss Centerstage Events

Australia opening its borders to tourism took center stage on Monday, 7 February 2022 among all major events across the globe, and remains the highlight of this week's list of center stage events.
Picture Courtesy: Profit loss

Centerstage events of week 1

NASA has awarded Lockheed Martin Space a contract to build...

NASA has awarded Lockheed Martin Space a contract to build the Mars Ascent Vehicle (MAV), a lightweight rocket that will launch rock and atmospheric samples from Mars. This milestone brings NASA closer to its goal of the first robotic round-trip mission to safely return samples to Earth through the Mars Sample Return Program. The MAV, a crucial part of the campaign, will launch from Mars' surface and deliver the samples to an Earth Return Orbiter spacecraft, which will bring them back to Earth in the early- to mid-2030s.

Monday, 7 February, 2022

Johnson & Johnson has reportedly stopped production of its single-dose...

Johnson & Johnson has reportedly stopped production of its single-dose COVID-19 vaccine, leaving developing nations reliant on the vaccine without a steady supply. The company closed its manufacturing plant in the Netherlands, where the vaccine was produced, to focus on a different drug. Although J&J expects to resume vaccine production, the timeline remains uncertain. The company stated that it has millions of vaccine doses in inventory and is fulfilling its contractual obligations to the African Union.

Tuesday, 8 February, 2022

A molar tooth discovered in a French cave has provided...

A molar tooth discovered in a French cave has provided the earliest evidence of Homo sapiens living in western Europe. The tooth, along with stone tools dating back approximately 54,000 years, indicates that early humans inhabited Europe 10,000 years earlier than previously believed. Remarkably, the Homo sapiens tooth was found among layers of Neanderthal remains, challenging the notion that the arrival of Homo sapiens caused the extinction of Neanderthals. This discovery suggests a more complex coexistence between the two human groups. The findings were published in the journal Science Advances.

Wednesday, 9 February, 2022

In January, deforestation reached a record high in Brazil, with...

In January, deforestation reached a record high in Brazil, with an area of 430 square kilometres cleared, over seven times the size of Manhattan. Factors contributing to this include global demand for agricultural commodities like beef and soya beans, as well as an anticipated law to legitimize land grabbing. Environmentalists blame President Jair Bolsonaro for weakening protections and enabling the acceleration of deforestation. Despite promises made at CoP26 to halt and reverse deforestation by 2030, the situation in Brazil remains concerning.

Thursday, 10 February, 2022

As inflation in Turkey reaches a nearly 20-year high, President...

As inflation in Turkey reaches a nearly 20-year high, President Recep Tayyip Erdoğan has announced a reduction in value-added tax (VAT) on basic food products from 8% to 1%. The decision, effective from February 14, covers various staples such as flour, rice, meat, and dairy products. Erdoğan emphasized the government's commitment to fighting inflation, stating that the VAT reduction would contribute to this effort. In January, Turkey reported an annual inflation rate of 48.69%, with the housing, food, and utilities sectors particularly impacted.

Friday, 11 February, 2022

President Joe Biden has signed an order to unfreeze $7...

President Joe Biden has signed an order to unfreeze $7 billion in Afghan assets, with the money divided between humanitarian aid for Afghanistan and a fund for Sept. 11 victims. Although no immediate release of funds will occur, $3.5 billion will be allocated to a trust fund for Afghan relief, while the remaining $3.5 billion will finance payments to U.S. terrorism victims through ongoing lawsuits. The order aims to ensure the funds reach the Afghan people while preventing the Taliban and malicious actors from accessing them.

Saturday, 12 February, 2022

In a historic moment, the flag of Mauritius has been...

In a historic moment, the flag of Mauritius has been hoisted on the British-controlled Chagos Archipelago in the Indian Ocean for the first time. Mauritian Prime Minister Pravind Jugnauth expressed that it was time for the United Kingdom to relinquish control of the archipelago, highlighting the significance of this event.

Sunday, 13 February, 2022