Category: News & Announcement

Decades of chronic underfunding of water infrastructure is putting many countries at worse risk in the coronavirus crisis, with more than half the global population lacking access to safely managed sanitation, experts said as the UN marked World Water Day on Sunday. Good hygiene – soap and water – are the first line of defence against coronavirus and a vast range of other diseases, yet three quarters of households in developing countries do not have access to somewhere to wash with soap and water, according to Tim Wainwright, chief executive of the charity…

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Italy has gone full “Wuhan” with a massive lockdown across the country amid a virus crisis that has paralyzed its economy. So far, 63,927 confirmed cases of COVID-19 had been reported, with 6,077 deaths. The Italian economy is being dragged into a depression as the fast-spreading virus cripples its northern regions, forcing the government to ban travel and close all industrial production across the country. The impact of the virus on Italy’s economy led to the collapse of electricity consumption last week. Electricity usage fell 16% YoY for March 16-22, according to Bloomberg calculations based on Terna SpA data. Diego Marquina, an analyst…

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In New Delhi, a fruit vendor whose sales have dropped by half now dilutes the milk she serves to her five children. In central Turkey, a company that runs hot air balloon rides for tourists has banished its 49 employees to indefinite leave while cutting their wages by half. In Manila, a bartender for an international cruise line finds himself marooned at home, wondering if his savings will last until his ship returns to sea. In Johannesburg, a mother who makes her living braiding hair goes home empty-handed. And in…

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With the death report finding its way on the social media, the netizens were seen in sudden panic. In India, too, it quickly went on to trend on Twitter with netizens tweeting their thoughts. What is Hantavirus? As mentioned in the website of Centre for Disease Control and Prevention, Hantavirus is caused by rodents. It can spread in humans who come in contact them. The website description reads, “Rodent infestation in and around the home remains the primary risk for hantavirus exposure. Even healthy individuals are at risk for HPS…

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Saudi Arabia and Russia must have anticipated an oil price crash when they broke up their three-year-long bromance to push up oil prices.    Two weeks later and nearly 4 million bpd of total promised additional oil supply to the market next month, and Riyadh and Moscow are now counting the cost and trying to adjust government spending. The friends-turned-foes expect sharp drops in oil revenues in the near term, not only because Brent Crude is barely managing to cling to the $30 mark these days, but also because the coronavirus pandemic is leading…

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