ARD Das Erste false statement about Georgia due to coronavirus
In its broadcast, ARD German Television (22.03.2020 20:33h) reported on the situation of the corona virus in Russia, Ukraine and Georgia. ARD’s reporting is completely amateur, false and ironic from Autor: Demian von Osten/ARD Studio Moskau. ARD Source ARD: With holy water and incense against Corona....
What BITEX Trader and the stock market tells us about the consequences of COVID-19
The outbreak of the novel coronavirus (COVID-19) will go down in history as a major example of a neglected risk. The topic “infectious diseases” was ranked tenth in terms of impact in the World Economic Forum’s Global Risk Report 2020 (WEF 2020, published on 15...
Bank of England cuts interest rates from 0.25% to 0.1% amid coronavirus-sparked economic turmoil
The Bank of England has slashed its key interest rate to 0.1%, its lowest-ever level, amid global economic turmoil sparked by the coronavirus pandemic. The bank’s Monetary Policy Committee says the unanimous decision is part of moves “to meet the needs of UK businesses and...
COVID-19 spread prompts Federal Reserve to slash rates in surprise move
In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus. Chairman Jerome Powell noted that the coronavirus “poses evolving risks to economic activity.”...
Asian markets open in freefall amid coronavirus fears
Global stock exchanges suffered historic crashes as coronavirus panic gripped the financial world. On Friday morning, stock markets across Asia opened to a freefall in numbers, with benchmarks in Japan, Thailand and India sinking as much as 10% after Wall Street suffered its biggest drop...
Coronavirus: Marseille soap firm cleaning up as people urged to wash hands to stop COVID-19
While the coronavirus crisis is causing economic headaches across Europe, one manufacturer in southern France has seen a boom in demand. Marseille’s traditional soap is enjoying a surge in popularity as Europeans are urged to wash their hands to prevent COVID-19. With an abundance of...
Wall Street suffers worst week since 2008 amid coronavirus and fears of recession
Stocks sank to their worst week since the financial crisis of 2008 as traders went into full retreat out of fear that the coronavirus will plunge the US and other major economies into deep recessions. The Dow industrials dropped more than 900 points, extending their...
Coronavirus: German tourists stuck in Morocco, and they’re not happy with their government
They had hoped for sun, beach and relaxation. Instead, they got stuck in a foreign country as the world grapples with a global pandemic. Thousands of European tourists are stranded abroad as the coronavirus pandemic has caused the cancellation of their flights back to Europe....
Why are many people going out to brave coronavirus? Economists answer
Crowds going to open air markets versus a state leader who must lecture his compatriots: in France, not everyone is following the government’s order for general confinement. Too many people take self-isolation “lightly”, French President Emmanuel Macron estimated this week, after he asked the French...
Coronavirus: Latest figures on new COVID-19 infections and deaths
The pace of the COVID-19 coronavirus outbreak means information is changing all the time. Here is the latest data on infection hotspots and deaths from the virus.
A 5.3 magnitude earthquake shakes Croatia and its capital
A strong earthquake has shaken Croatia and its capital, causing widespread damage and panic. The European seismological agency, EMSC, said the earthquake measured 5.3 and struck a wide area north of the capital, Zagreb, at 6:23 a.m. (05:23 GMT) Sunday. At least two other tremors...
Georgia’s breakaway republic of Abkhazia goes to poll
The breakaway Georgian republic of Abkhazia is holding a presidential election Sunday to replace the leader who stepped down in January under pressure from the opposition. Raul Khadzhimba resigned as president in January, days after demonstrators seized his office to protest alleged violations in September’s...
Coronavirus: Dutch PM appoints opposition minister as new Health Secretary
Dutch Prime Minister Mark Rutte has appointed an opposition MP as the country’s new health minister to help combat the spread of the COVID-19 coronavirus. Martin van Rijn, the former Labour party health secretary, has been appointed the Minister for Medical Care on a temporary...
Coronavirus: France’s homeless ‘fined for not staying indoors’ during COVID-19 lockdown
French police have fined several homeless people for breaching a government order to stay indoors amid the coronavirus crisis, charities claim. President Emmanuel Macron declared a nationwide policy of self-isolation on Monday, with all French people asked to stay home as much as possible and...
Ireland ramps up testing amid fears of a surge in coronavirus cases
Ireland is not taking social distancing rules seriously enough, the country’s health minister has warned. Simon Harris made the claim amid fears infections could hit 15,000 by the end of March, even though this is regarded as a worst-case scenario. Ireland currently has 638 COVID-19...
Coronavirus: London books 300 hotel rooms for the homeless to self-isolate
London will open 300 hotel rooms for the self-isolation of homeless people, the Mayor of London announced on Saturday as the UK prepares to enter weeks of social distancing to fight the coronavirus pandemic. “Homeless Londoners will benefit from vital protection against the coronavirus, as...
French parliament declares ‘state of sanitary emergency’
The French Assemblée National approved on Saturday a legal text that would introduce a “state of sanitary emergency” in France during the coronavirus pandemic. The law would give the French prime minister “the power to declare, by decree and upon recommendation of the Health minister,...