Governments need to act to avoid ‘long economic Covid’
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21 October The Covid-19 pandemic has had a crushing blow on the world economy, with the threat of ‘long economic Covid’ looming in most parts of the world. The second wave of the disease is expected to increase the financial fragility among rich as well emerging and developing economies. Erik Fossing Nielsen, group chief economist …
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Double dip recession looms for Europe post Covid
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20 October Even before the actual coronavirus outbreak was fully controlled, many countries in Europe are now facing a second wave of infections. The previously projected growth forecasts remain doubtful as a double dip recession seems more likely. Rafael Domenech, head of economic analysis of BBVA Research, shared an article on how a second wave …
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International update: Global Covid cases pass 40.4 million – US may authorize emergency use of vaccine in December
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20 October Global: Global coronavirus infections have passed 40.4 million cases, reaching 40,403,779. The global coronavirus death toll is 1,118,361 according to researchers at Johns Hopkins University. US: US Covid-19 infections exceed 8.2 million, meanwhile, the US coronavirus death toll is 220,133 according to researchers at Johns Hopkins University. President Donald Trump has confirmed he …
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Coronavirus company news summary – Philippine Navy to cancels International Fleet Review – Swiss Armed Forces chief tests positive for Covid-19
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20 October Soldiers can skip 14-day quarantine to fulfil their duties or take short leaves, according to the latest guidelines issued by the Indian armed forces. The updated guidelines on the quarantine policies were issued to meet the growing need for troops in the eastern Ladakh region due to the rising tensions with China at …
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GlobalData Epidemiologist Report: Global Covid cases pass 40.1 million – rise in Africa as restrictions eased
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19 October Globally, the total confirmed cases of Covid-19 have reached over 40.1 million with more than 1,114,000 deaths and 27,532,000 recoveries. The US and India combined remains the most heavily affected country worldwide, accounting for 40% of the total confirmed cases across the world. Cases are rising all over the Europe with countries recording …
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International update: Global Covid cases pass 40 million – Trump claims US is ’rounding the turn’
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19 October Global: Global coronavirus infections have passed a staggering 40m cases, reaching 40,050,902. The global coronavirus death toll is 1,113,750 according to researchers at Johns Hopkins University. Europe: Europe’s death toll has passed 250,000 according to an AFP tally based on official sources. US: US Covid-19 infections exceed 8.1 million, meanwhile, the US coronavirus …
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Coronavirus company news summary – Second outbreak on USS Theodore Roosevelt
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19 October The Department of Defense (DoD) and the Department of Health and Human Services (DHHS) will assist care facilities across the US in administering Covid-19 vaccines to residents. Care facilities have the option to sign up with two of the major US pharma companies to administer a vaccine to the most vulnerable people. US …
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How rising unemployment rates point to slow US recovery – Why obesity has made Covid-19 worse in the US
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19 October Experts and economists initially forecast the US economy to recover by the end of the year. The growth posted in the second quarter was also encouraging. However, the slowdown in the third quarter raises questions about the forecasted recovery. Prof. Steve Hanke, economist at Johns Hopkins University, questioned the predicted V-shaped recovery, and …
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GlobalData Epidemiologist Report: Global Covid cases near 39 million – deaths approach 1,100,000
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16 October Globally, the total confirmed cases of COVID-19 have reached over 38,998,000 with over 1,099,000 deaths and 26,930,000 recoveries. The US remains the most heavily affected country worldwide, accounting for 21% of the total confirmed cases across the globe. Though the UK is experiencing a second wave of COVID-19 considerably larger than the first, …
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International update: Global Covid infections near 39 million – case numbers rising across Europe
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16 October Global: The global coronavirus death toll is 1,098,434 according to researchers at Johns Hopkins University. Covid-19 infections exceed 38.9 million world wide. US: Covid-19 infections exceed 7.9 million, meanwhile, the US coronavirus death toll is 217,700 according to researchers at Johns Hopkins University. A passenger on Joe Biden’s campaign plane tested positive for …
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