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India’s December jobless rate hits 4-month high of 7.9%: CMIE

by AIP Online Bureau | Jan 3, 2022 | Data, Eco/Invest/Demography

Urban unemployment rate rose to 9.3% in December from 8.2% in the previous month while the rural unemployment rate was up 7.3% from 6.4%, the data showed Many economists worry that the Omicron variant could reverse the economic recovery seen in the previous quarter...

Global Covid-19 caseload tops 290 mn, deaths surge to over 5.44 mn

by AIP Online Bureau | Jan 3, 2022 | Health, International News, Non-Life, Pandemic

In its latest update on Monday morning, the University’s Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and the death toll stood at 290,065,951 and 5,443,444, respectively, while the total number of vaccine doses...

Billionaires are embracing crypto in case money ‘goes to hell’

by AIP Online Bureau | Jan 3, 2022 | Eco/Invest/Demography, Facts, Risk Management, Wealth Management/ Philanthropy

These days, the Hungarian-born billionaire is well versed in cryptospeak. Peterffy, worth $25 billion, said it’s prudent to have 2 per cent to 3 per cent of one’s personal wealth in cryptocurrencies, just in case fiat currency goes to “hell.” Even as prices swung...

EU drafts plan to label gas and nuclear investments as “green”

by AIP Online Bureau | Jan 2, 2022 | Eco/Invest/Demography, International News

“Taking account of scientific advice and current technological progress as well as varying transition challenges across member states, the Commission considers there is a role for natural gas and nuclear as a means to facilitate the transition towards a...

Omicron-related disruptions cause over 3,600 flight cancellations to start off 2022

by AIP Online Bureau | Jan 2, 2022 | Eco/Invest/Demography, Health, International News, Pandemic

The Christmas and New Year holidays are typically a peak time for air travel, but the rapid spread of the highly transmissible Omicron variant has led to a sharp increase in COVID-19 infections, forcing airlines to cancel flights as pilots and crew quarantine More...
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