Secondary perils such as hurricane-induced flooding, storm surges...
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225 million displacements in APAC due to disasters, Impact of climate change deepens: ADB Report
The 225 million displacements in Asia and the Pacific include 5...
Pakistan flood-borne diseases could get ‘out of control’ as deaths rise
Record monsoon rains and glacial melt in northern Pakistan...
Most airlines may go bankrupt by May without govt action on Coronavirus
“As the impact of the coronavirus and multiple government travel reactions sweep through our world, many airlines have probably already been driven into technical bankruptcy, or are at least substantially in breach of debt covenants,” said global aviation consultancy firm CAPA
Food habits, temperature have nothing to do with coronavirus: AIIMS Director
“As common healthcare precaution, all kinds of meat should be thoroughly washed and properly cooked,” said the AIIMS Director. He sought to dismiss claims that the intensity of COVID-19 would taper down and ultimately vanish with temperatures going up. “The impact of the virus is as serious in hot-humid weather conditions of Singapore as in the colder environment of European countries,” he said.
Yes Bank moratorium to be lifted on March 18 : RBI governor
RBI governor said the Reserve Bank of India’s monetary policy committee will decide if a rate cut is needed to help the economy facing the coronavirus outbreak.
S&P 500 sheds $2 trillion in value as as trading on Wall Street resumes after 15-minute halt
“It’s not just about a reduction in earnings growth, or that you will have not have earnings growth. There’s credit concerns and cashflow concerns, that’s why the Fed acted,” said Tom Martin, senior portfolio manager at GlobAlt Investments in Atlanta.
India bars passengers from EU, UK from March 18 in Covid-19 precaution
These instructions are temporary measures and shall be in force till March 31 2020 and will be reviewed subsequently,
World needs coordinated fiscal response to pandemic: IMF chief
She cited data from global banking group the Institute of International Finance showing that investors have pulled nearly $42 billion from emerging markets since the beginning of the crisis.
‘All is well.’ In Italy, triage and lies for virus patients
The most devastating medical crisis in Italy since World War Two is forcing doctors, patients and their families to make decisions that Resta, a former military doctor, said he has not experienced even in war. As of Monday, 2,158 people had died and 27,980 been infected by coronavirus in Italy – the second highest number of reported cases and deaths in the world behind China.
Coronavirus outbreak: FinMin says Indian macroeconomic outlook vulnerable to disruption of trade with China
The coronavirus outbreak, first in China and now having being confirmed in more than 100 countries, has emerged as a key risk to human health as well as global growth outlook through numerous channels like trade, production and supply chain disruptions as well as decline in demand.
This was stated by Minister of State for Finance Anurag Thakur in a written reply to a question in the Lok Sabha.
Europe’s Soccer Clubs may face $1B Bill if Coronavirus forces season cancellation
The move to suspend international games and competitions in England, Spain and Italy has got media lawyers poring over broadcast rights contracts that are a big source of income for clubs such as Manchester United, Barcelona and Juventus.
Checking Caronavirus:US Federal Reserve cut interest rates to near zero
With limited testing available, US officials have recorded nearly 3,000 cases and 62 deaths. Globally more than 162,000 are infected and over 6,000 have died.