Poverty and unemployment will go up manifold from 21.9 per cent to...
Category:
Disaster & Management
Latest
Aug 30 flood in B’luru led to a loss of Rs 225 crore: IT companies to CM Bommai
"The inadequate infrastructure on ORR has now reached a...
Pakistan: More than 6.4 million in ‘dire need’ after unprecedented floods
With 1.1 million houses washed away and vital infrastructure...
Australia faces worsening bushfires without climate change action: Report
“If we fail to take strong action to rapidly phase out coal, oil and gas as part of a global effort, the impacts of climate change, including worsening extreme weather, will continue to escalate,” the report said. “Further denial and delay in taking action on emissions guarantees a worsening of disasters into the future.”
Coronavirus case count touches 73 in India
While the Union ministry maintained that there are two confirmed cases of the infection in Maharashtra, the state health officials put the number to seven.Rajasthan, Telangana, Tamil Nadu, Jammu and Kashmir and Punjab have reported one case each, the ministry said, adding Kerala has till now reported 17 cases, including the three patients who were discharged last month following recovery.
Insurers face big investment losses, Trade Credit claims from Coronavirus crisis
Coface chief executive Xavier Durand told analysts two weeks ago that hotels and airlines in Asia would feel the worst impact, while Euler Hermes saw coronavirus costing $320 billion of trade losses every quarter this year.
Lloyd’s of London to shut market for a day on Friday – CEO Lloyd’s
The decision to shut the so-called “underwriting room”, which is used by nearly 50,000 employees in the Lloyd’s of London market, comes after the coronavirus epidemic was officially classed as a pandemic, with cases in Europe and the United States and government responses rising.
76-yr-old Karnataka man becomes India’s first COVID-19 death
The state has already reported five confirmed COVID-19 cases. A 26-year-old man who returned from Greece tested positive for coronavirus, making it the fifth case, the health department said on Thursday.
‘People are terrified’: Daily life on hold as Americans face coronavirus threat
Analysts say the virus risks plunging the world’s largest economy into recession as people put their lives on hold – canceling travel plans, staying home and steering clear of restaurants, movie theaters and other public spaces.
Life upended for Americans as U.S. scrambles to contain coronavirus threat
New York City Mayor Bill de Blasio declared a state of emergency, granting him new powers as the number of confirmed cases rose to 95 in the nation’s most populous city.
“We are getting into a situation where the only analogy is war and a wartime dynamic,” de Blasio said, referring to an expected surge in demand for hospital beds.
From California to New York, officials banned large gatherings and closed museums and other institutions without saying how long the directives would stay in place, compounding the uncertainty.
Markets suffer record meltdown as global coronavirus alarm grows
Major European bourses fell by double-digit percentages for their biggest daily losses on record, led by a 17% slide in Italian stocks .FTMIB. Stimulus efforts from the European Central Bank did little to calm nerves.
China government spokesman says U.S. army might have brought virus to China
“When did patient zero begin in US? How many people are infected? What are the names of the hospitals? It might be US army who brought the epidemic to Wuhan. Be transparent! Make public your data! US owe us an explanation!” Zhao tweeted in English
U.S. states scramble to slow virus spread, prevent hospital collapse
The goal is to prevent the kind of surges that overwhelmed Italy – a country with more doctors and hospital beds per capita than the United States – causing fatality levels to leap as doctors ran out of equipment to help people breathe.