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India declares coronavirus outbreak as a notified disaster

by AIP Online Bureau | Mar 14, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

New Delhi: In the wake of spurt in cases of coronavirus pandemic in the country, the Ministry of Home Affairs on Saturday decided to treat Covid-19 as a "notified disaster".   The move would enable the states to spend a larger chunk of funds from the...

S. Korea temporarily bans stock short selling for 6 months

by AIP Online Bureau | Mar 14, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

Seoul: South Korea on Friday announced a temporary ban on stock short selling for six months amid a market rout triggered by the outbreak of the new coronavirus.   The Financial Services Commission said the six-month ban will affect all listed firms, starting...

Germany unleashes biggest post-war aid package against virus

by AIP Online Bureau | Mar 14, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

The German government on Friday unleashed the biggest economic aid package in the country's post-war history, offering companies "unlimited" credit to keep them afloat during the coronavirus crisis. Chancellor Angela Merkel said the measures "are...

Coronavirus: Saudi Arabia extends travel ban to EU, 12 nations including India

by AIP Online Bureau | Mar 14, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Riyadh: Saudi Arabia extends travel ban to EU, 12 nations including IndiaSaudi Arabia has extended its travel ban to include the European Union and 12 other countries, including India, as the number of coronavirus cases in the Kingdom jumped to 62, according to...

Generali, other Italian companies rush to provide funds for virus emergency

by AIP Online Bureau | Mar 14, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life

  Assicurazioni Generali S.p.A, Italy’s biggest insurer, on Friday joined a rising number of companies that have rushed to provide funds to fight the coronavirus crisis.   Italy has been hardest hit by the outbreak in Europe, with 15,113 confirmed...
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