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Global recession likely if coronavirus becomes pandemic: Moody’s Analytics

by AIP Online Bureau | Feb 26, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Global recession likely if coronavirus becomes pandemic: Moody's AnalyticsA global recession is likely if coronavirus becomes a pandemic, and the odds of that are uncomfortably high and rising with infections surging in Italy and Korea, Moody's...

Mega bank merger on track, says Sitharaman amid worry over April 1 deadline

by AIP Online Bureau | Feb 26, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Policy

  New Delhi: Mega bank merger on track, says Sitharaman amid worry over April 1 deadlineWith the April 1 deadline for the mega merger of 10 state-run banks into four fast approaching, Finance Minister Nirmala Sitharaman on Wednesday asserted that there is no...

Govt revises rules for enhanced disclosures in auditor reports of companies

by AIP Online Bureau | Feb 26, 2020 | Eco/Invest/Demography, Indian News, Policy

   New Delhi: Auditors will soon be required to provide details about companies' defaults on borrowings in a prescribed format as well as ensure disclosure of various other information in their reports, with the government putting in place a stricter...

Climate Risk:Singapore prepares itself with $72B Defense Plan

by AIP Online Bureau | Feb 26, 2020 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography

  Singapore has a reputation for planning ahead. When it comes to climate change, it’s planning for the worst.   While governments around the world are struggling to meet the goals of the Paris agreement — keeping the global temperature increase...

Markets are overreacting to threat of Coronavirus: Allianz CEO Baete

by AIP Online Bureau | Feb 26, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Markets are overreacting to the threat of the rapidly spreading coronavirus and the global economy will only see a short-term impact, said the head of Allianz SE, Europe’s biggest insurer.   Chief Executive Officer Oliver Baete said the firm was more...
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