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Postal employees to get Rs 10 lakh compensation in case they succumb to COVID-19

“In the context of COVID-19 situation, it has been decided to extend payment of compensation of Rs 10 lakh to all postal employees, including Gramin Dak Sevaks (GDS), succumbing to the disease while brought on duty. The guidelines will come into effect immediately and continue for the entire period till the crisis of COVID-19 is over,” the Ministry of Communications said in a statement.

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Trump warns China of consequences,Australia demands coronavirus enquiry

“If it was a mistake, a mistake is a mistake. But if they were knowingly responsible, yeah, I mean, then sure there should be consequences,”U.S. President Donald Trump

Australia’s foreign minister, Marise Payne, said her concern about China’s transparency was at a “a very high point”.

“The issues around the coronavirus are issues for independent review, and I think that it is important that we do that,” Payne told ABC television.

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IRDAI directs insurers to settle all COVID 19 claims in 2 hrs

– Decision on authorization for cashless treatment shall be communicated to the network provider (hospital) within two hours from the time of receipt of authorization request and last necessary requirement from the hospital either to the insurer or to the TPA whichever is earlier,

-Decision on final discharge shall be communicated to the network provider within two hours from the time of receipt of final bill and last necessary requirement from the hospital either to the insurer or to the TPA whichever is earlier,

– Insurers have to issue appropriate guidelines to their respective Third Party Administrators.

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World economy bound to suffer ‘severe recession’: IMF

“The global coronavirus outbreak is a crisis that is like no other and poses daunting challenges for policymakers in many emerging market and developing economies (EMDEs), especially where the pandemic encounters weak public health systems, capacity constraints, and limited policy space to mitigate the outbreak’s repercussions,” IMF chief Kristalina Georgieva said.

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WHO unsure antibodies protect against COVID, little sign of herd immunity

“A lot of preliminary information coming to us right now would suggest quite a low percentage of population have seroconverted (to produce antibodies),” Mike Ryan, the WHO’s top emergencies expert, said.

“The expectation that … the majority in society may have developed antibodies, the general evidence is pointing against that, so it may not solve the problem of governments.”

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Global coronavirus death toll hits 150,000 

The first death came in the central Chinese city of Wuhan on Jan. 9. It took 83 days for the first 50,000 deaths to be recorded and just eight more for the toll to climb to 100,000. It took another eight days to go from 100,000 to 150,000.The death toll is still far short of the so-called Spanish flu, which began in 1918 and is estimated to have killed more than 20 million people by the time it petered out in 1920.

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COVID-19 Pandemic:Wave of class action lawsuits against insurers in US for denial of business interruption claims

The suits represent the broadest effort yet to compel insurance companies to fulfill promises made to hundreds of thousands of U.S. businesses that purchased insurance coverage to protect against precisely this situation.

Lloyd’s of London, Aspen American Insurance, Auto-Owners Insurance, Society Insurance, Oregon Mutual Insurance, and Topa Insurance Company are Named in Lawsuits

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