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Showing posts from March, 2020

Coronavirus | World Bank says about 11 million could be driven into poverty in East Asia and Pacific

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Containment of the pandemic would allow for a sustained recovery in the region, although risks to the outlook from financial market stress would remain high, the Washington-based global lender stated in a report About 11 million people could be driven into poverty in East Asia and the Pacific as a result of the coronavirus pandemic that has impacted over 780,000 people and killed more than 37,000 globally, the World Bank has warned. The Washington-based global lender, in a report released on Monday, said that prior projections had estimated that nearly 35 million people would escape poverty in East Asia and the Pacific in 2020, including over 25 million in China alone. “If the economic situation were to deteriorate further, and the lower-case scenario prevails, then poverty is estimated to increase by about 11 million people,” it said in its April 2020 Economic Update for East Asia and the Pacific ahead of the annual spring meeting of the International Monetary Fund and

Coronavirus: 'Millions' of Americans could be infected, expert warns

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The coronavirus pandemic could kill up to 200,000 Americans and millions more could be infected, the US government's leading expert has warned. Dr Anthony Fauci, the face of the Trump administration's coronavirus task force, made the prediction on Sunday. "Looking at what we're seeing now, I would say between 100,000 and 200,000 deaths," he told CNN. But he quickly urged caution. "I don't want to be held to that," he said. "It's such a moving target." Dr Fauci added that the US, which now has the most recorded cases of the virus in the world, was the "focus" of the global outbreak. "We've got a serious problem in New York, we have a serious problem in New Orleans, and we're going to be developing serious problems in other areas," he said. "I want to see that tests are being implemented on the ground," he added. "If we can do that... then I think we can pull back on some of the restr

Coronavirus: Trump backs away from New York quarantine

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US President Donald Trump has said quarantining New York "will not be necessary", after the state's governor said doing so would be "preposterous". Mr Trump said the latest decision was taken on the recommendation of the White House Coronavirus Task Force. The president had earlier said he might impose a quarantine on New York, and parts of New Jersey and Connecticut, to slow the spread of Covid-19. There are more than 52,000 cases in New York. The state has about half of the total confirmed Covid-19 cases in the entire US. Mr Trump tweeted that instead of quarantine, a "strong travel advisory" would be issued to New York, New Jersey and Connecticut by the Centers for Disease Control and Prevention (CDC).

Coronavirus: Trump orders 'time-squandering' General Motors to make ventilators

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US President Donald Trump has requested General Motors to make ventilators for coronavirus patients in the wake of assaulting the vehicle goliath's CEO.   He summoned the Korean War-time Resistance Creation Act, which permits a president to constrain organizations to make items for national protection.  Mr Trump said that "GM was sitting around idly" and activity was expected to spare American lives.  The US currently has 104,000 instances of the infection, the most on the planet.  With almost 1,700 fatalities, America's Covid-19 loss of life despite everything lingers a long ways behind Italy and China.  Mr Trump had recently said the protection request was redundant, in light of the fact that organizations were intentionally changing over their activities to help battle the spread of coronavirus. Be that as it may, on Friday he said in an announcement: "The infection is too pressing to even think about allowin

The United States now leads the world in confirmed virus case

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The US now has more confirmed cases of coronavirus than any other country, with more than 85,500 positive tests. According to the latest figures collated by Johns Hopkins University, the US has overtaken China (81,782 cases) and Italy (80,589). But with almost 1,300 Covid-19-related fatalities, the US death toll lags behind China (3,291) and Italy (8,215). The grim milestone came as President Donald Trump predicted the nation would get back to work "pretty quickly". How did the White House react? Asked about the latest figures at a White House briefing on Thursday afternoon, President Trump said it was "a tribute to the amount of testing that we're doing". Vice-President Mike Pence said coronavirus tests were now available in all 50 states and more than 552,000 tests had been conducted nationwide. Trump says US tested more than S Korea - is he right? Mr Trump also cast doubt on the figures coming out of Beijing, telling reporters: "You don't

Pep Guardiola: Manchester City manager donates 1m euros to fight coronavirus

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Pep Guardiola won 14 trophies in four years as Barcelona manager between August 2008 and May 2012 Manchester City manager Pep Guardiola has donated 1m euros (£920,000) to fight the coronavirus outbreak in Spain. Guardiola, who is at his home in Barcelona, has been working with his lawyers over the past few days to work out the best way of using the money. It will go to a campaign being promoted by the Medical College of Barcelona and the Angel Soler Daniel Foundation. Spain is one of the worst affected countries in Europe. Official figures on Tuesday showed that 2,696 people had died in the country and close to 40,000 are infected. The money will be used to help purchase medical equipment and protective material for the hospital staff involved in treating those admitted to hospital. The Catalan region is one of the areas in Spain which has the most concentrated number of cases. Lionel Messi and Cristiano Ronaldo have both reportedly donated 1m euros to coronavirus campaigns

FACEBOOK MESSENGER JOINS THE FIGHT AGAINST COVID-19

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Facebook's texting administration will partake in the worldwide battle against Covid-19. Actually, the organization utilizes outsider designers to help improve Facebook Messenger with the goal that it tends to be utilized to share exact data and react to individuals' inquiries. Facebook Messenger is propelling another program to help social insurance associations around the globe battle the pandemic. The stage to be sure wishes to feature the official data gave by the experts so as to disseminate the phony news which keeps on flowing in spite of the endeavors made. Only a couple of days back, all the tech mammoths concurred on a joint statement so as to all the more likely battle disinformation on their individual stages. After which, Twitter at that point declared it would set up stricter measures to evacuate tweets spreading counterfeit news. Facebook is less forceful and the new Messenger program will permit intrigued individuals to discover right data about Covi

Why has Italy been seriously infected by COVID-19?

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You've likely heard at this point Italy has been hit hard by the infection.  It's currently at the focal point of the flare-up, and the nation's leader has encouraged different nations to gain from its battle to slow the spread of Covid-19.  The quantity of recorded passings there as of late overwhelmed those in China, where the infection began a year ago. Italy revealed 651 coronavirus passings on Sunday and saw its cost for as long as month arrive at 5,476, the most noteworthy on the planet.  So why has Italy been so seriously influenced? Various potential reasons have been mooted.  A few investigations point to the enormous number of older individuals in the most exceedingly terrible influenced areas, for example, Lombardy in the north. Italy additionally has the most established populace on the planet after Japan with some 23% of individuals there beyond 65 years old.  This issues in light of the fact that the infection is particularly hazardous for more sea

Iran refuses US offer of aid

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Iran's Supreme Leader has rejected America's offer of aid to help the country with its battle against coronavirus. In a televised speech, Ayatollah Ali Khamenei said the US was Iran's "most evil enemy" and hinted at a conspiracy theory, also voiced by some Chinese officials, that America was responsible for the pandemic. “I do not know how real this accusation is but when it exists, who in their right mind would trust you to bring them medication?" Mr Khamenei said. "Possibly your medicine is a way to spread the virus more.” Without offering any evidence, he also alleged that the virus “is specifically built for Iran using the genetic data of Iranians which they have obtained through different means”. Other Iranian officials have also accused America of hypocrisy for offering aid while refusing to lift heavy sanctions. Iran has become one of the worst-hit countries in the world since the coronavirus outbreak began, and it has recorded the hig

The coronavirus outbreak and tumbling oil prices are triggering a dollar shortage in Nigeria

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Nigeria has recorded only two confirmed cases of Covid-19 but the global pandemic’s growing impact on its economy is far more significant. As oil prices tank while global demand drops drastically in the wake of the outbreak, Nigeria’s economy is being caught in the cross-hairs. Essentially, with oil being Nigeria’s biggest export, the government relies heavily on the resource for dollar earnings to fund its national budget. And with this year’s $37 billion budget passed with a benchmark oil price of $57 per barrel—nearly double its current price of around $31 to $33, Africa’s largest economy cannot currently fund its budget. One unfolding real-time effect is a US dollar shortage that’s already manifesting on parallel forex markets with the informal dollar dealers who often operate just in front or across the road from airports and top hotels in the business districts of Lagos and Abuja. With Nigeria’s naira official exchange rates fixed by the country’s Central Bank, these

Lionel Messi receives a huge exit offer as Barcelona downfall continues

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Barcelona will have to rebuild themselves soon to avoid matching the fate of AC Milan or a similar club, but that may well be without Lionel Messi. Barcelona captain Lionel Messi looked absolutely dejected and livid as his side was well beaten by Real Madrid on Sunday. The 32 year old has not made public comments about how he feels about Barca’s condition in a long time but it’s certain that Messi is an unhappy man, at least looking at the direction in which the club is going. Some weeks ago, there was talk that Lionel Messi might leave for newer pastures and end his career on a high rather than staying at a club that seems to be on a downward spiral. Manchester City was thought to be an attractive destination thanks to Pep Guardiola managing them, but their Champions League ban shed water on any possible transfer. Don Balon has now reported that MLS outfit Inter Miami is readying a contract for the Argentina international. David Beckham’s side played its first official mat