Eco/Invest/Demography

Inside a COVID-19 hospital in India, doctors see no end in sight

Facts       May 29, 2020

NEW DELHI: It was barely noon on Thursday when the metal doors of the mortuary at a hospital in south New Delhi swung open and staff in white coveralls rolled out a stretcher. Mourning relatives looked on, as a body bag was loaded into an...

Calm before the storm for Japan suicides as coronavirus ravages economy

Facts       May 29, 2020

  TOKYO: The phones at the Tokyo suicide hotline start ringing as soon as it opens for its once-weekly overnight session. They don’t stop until the lone volunteer fielding calls from hundreds of people yearning to talk signs out early the next morning.Both operating days and...

China's rich moving out of Hong Kong to seek asset safety elsewhere: Report

International News       May 28, 2020

  Rich Chinese are expected to park fewer funds in Hong Kong on worries that Beijing's proposed national security law for the city could allow mainland authorities to track and seize their wealth, bankers and other industry sources said.   More than half of Hong Kong's estimated...

16 domestic flight passengers of 3 airlines test  positive for COVID-19

Indian News       May 28, 2020

  New Delhi: Since, domestic flights resumed in India from May 25, 16 passengers in three different airlines have tested positive for COVID-19.   The government had suspended all domestic flights for over two months in light of the COVID-19 pandemic-led lockdown and international flights from India...

Monsoon rains forecast to arrive on India's southern coast around June 1

International News       May 28, 2020

  NEW DELHI: Monsoon rains are likely to enter India through the southern coast around June 1, the state-run weather office said on Thursday, marking the start of the four-month rainy season that is crucial for the country’s farm-dependent economy.   Weather conditions are “very likely to...

Coronavirus impact on shipping industry: idle vessels face new risks, Allianz warns

      May 28, 2020

  Johannesburg/London/Munich/New York/Paris/Sao Paulo/Singapore: Restrictions on supply chains and international travel due to the coronavirus outbreak have serious implications for the maritime industry. Although the threat from the perils ships usually encounter at sea may have reduced in many cases due to an increasing number of...

U.S. FDA finds high levels of carcinogen in diabetes drug metformin

Facts       May 28, 2020

 The U.S Food and Drug Administration said on Wednesday it had found high levels of a possible cancer-causing impurity in some versions of the popular diabetes drug metformin.   The agency is reaching out to companies whose drugs had N-nitrosodimethylamine (NDMA) over accepted levels and will...

NY Stock Exchange traders, staff sign liability waivers for reopening

International News       May 28, 2020

  New Yok: New York Governor Andrew Cuomo donned a face mask and rang the opening bell at the New York Stock Exchange on Tuesday, marking the partial reopening of the trading floor at 11 Wall Street, which had been shuttered since March 23 due to...

Trump executive order to reduce liability shield for social media giants

International News       May 28, 2020

Donald Trump has been raging against Twitter Inc. since the social media platform that helped vault him to the presidency slapped fact-check links on a pair of his tweets.   Now, he’s poised to take action Thursday that could bring a flurry of lawsuits down on...

COVID-19 pandemic creating 'lockdown generation' as one in six youths stop work:UN

Facts       May 27, 2020

  The novel coronavirus pandemic has led to a surge in unemployment worldwide but it has hit young workers hard, the United Nations said on May 27, noting that more than one in six people aged under 29 were forced to stop working due to the...

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