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Death toll due to COVID-19 rises to 2,649; cases climb to 81,970: Health Ministry

by AIP Online Bureau | May 15, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

New Delhi: The death toll due to COVID-19 rose to 2,649 and the number of cases climbed to 81,970 on Friday, registering an increase of 100 deaths and 3,967 cases in the last 24 hours since Thursday 8 AM, according to the Union Health Ministry.   The number of...

Covid-19 could cause economic loss up to $8.8 trn, 9.7% of global GDP: ADB

by AIP Online Bureau | May 15, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

  Manila: Global economic losses caused by the coronavirus pandemic could be between $5.8 trillion and $8.8 trillion this year, the Asian Development Bank (ADB) said on Friday, more than double its earlier estimates as containment measures paralyse economies....

Fitch highlights India’s two big challenges in fight against coronavirus

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

  Mumbai: Despite additional funding, the continued lack of medical investment and healthcare infrastructure will present challenges to mounting an effective response in India against Covid-19 pandemic, Fitch Solutions has said.   "The continued lack of...

ILO warns Indian states on scrapping of workers’ rights

by AIP Online Bureau | May 14, 2020 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits

NEW DELHI/AHMEDABAD: The U.N. labour agency urged Indian states thinking of relaxing workers’ rights to help industry survive the coronavirus to consult workers first as a union linked to India’s ruling party said it would protest the planned moves.Six...

Germany must stabilise social security system with cash injection: officials

by AIP Online Bureau | May 14, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pension & Social Security

  BERLIN: Germany will have to stabilise its social security system with cash injections to cushion the effect of coronavirus on health, the labour market and pensions, officials said on Thursday, an effort experts estimate could cost many billions of euros....
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