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After virus fades, service industries may be changed forever

by AIP Online Bureau | Apr 9, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

  WASHINGTON: For years, personal trainer Amanda Tikalsky didn’t have to worry much about her job. The U.S. economy’s record-breaking 11-year expansion offered security to service workers like her.   Then came the coronavirus, which closed the...

Centre launches “iGOT” training module for frontline COVID-19 warriors

by AIP Online Bureau | Apr 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: The Government of India has launched a training module for the management of COVID-19 named "Integrated Government Online training" (iGOT) portal on Ministry of Human Resource Development's (MHRD) DIKSHA platform for the capacity...

Global economy faces a $5 trillion hit due to Covid-19. That’s more than Japan’s GDP

by AIP Online Bureau | Apr 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  London: The coronavirus pandemic is set to rob the global economy of more than $5 trillion of growth over the next two years, greater than the annual output of Japan.   That’s the warning from Wall Street banks as the world plunges into its deepest...

WTO says global trade collapse may be worst in a generation

by AIP Online Bureau | Apr 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

   Geneva: The coronavirus pandemic could cause a deeper collapse of international trade flows than at any point in the postwar era, the World Trade Organization said.   The Geneva-based trade body presented two possible scenarios for global trade in...

Van Gogh heist focuses collectors’ attention on security systems

by AIP Online Bureau | Apr 8, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

  The break-in lasted just minutes. At 3 a.m. on Monday, a thief — or thieves — forced open the glass doors of the Singer Laren museum in the Netherlands and headed straight for its prize exhibit: a Van Gogh oil painting. By the time police arrived,...

Speed of coronavirus deaths shock doctors as New York toll hits new high

by AIP Online Bureau | Apr 8, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

NEW YORK: New York state, epicenter of America’s coronavirus crisis, set another single-day record of COVID-19 deaths on Wednesday, as veteran doctors and nurses voiced astonishment at the speed with which patients were deteriorating and dying. The number of...

China sees slight rise in new coronavirus infections as imported cases jump

by AIP Online Bureau | Apr 8, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

BEIJING: China reported a slight increase in new coronavirus cases for the second straight day, as the number of infections involving incoming overseas travellers hit a two-week high. China reported 63 new cases on Wednesday, up from 62 a day earlier, the National...

Peak Re to acquire Bermuda based ILS asset manager Lutece

by AIP Online Bureau | Apr 8, 2020 | International News, Non-Life, Reinsurance

  Hong Kong: Hong Kong based Peak Reinsurance Company (“Peak Re”) on Wednesday has decided to acquier Bermuda based dedicated ILS asset manager Lutece Holdings Ltd and its subsidiary Lutece Investment Management Ltd....

Merging PSBs can continue their existing bancassurance partnerships for a year:IRDAI

by AIP Online Bureau | Apr 8, 2020 | Banking & Bancassurance, Indian News, Intermediaries, Life, Non-Life, Regulation

  Hydearbad: The insurance regulator IRDAI has clarified as to how the existing bancassurance arrangements for the public sector banks(PSBs), who are parts of  the mega merger exercise effected since 1st April, 2020, will function post the merger of...

Lockdown won’t be lifted in one go, PM Modi hints at all-party meeting

by AIP Online Bureau | Apr 8, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi:  Prime Minister Narendra Modi told leaders of opposition and other parties in Parliament that the nationwide lockdown will not be revoked in one go on April 14, according to BJD’s Pinaki Misra. Modi’s comments came during a meeting...
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