coronavirus pandemic

Cities worldwide dim lights to mark Earth Hour
World

Cities worldwide dim lights to mark Earth Hour

  • Experts believe human activity, such as widespread deforestation, destruction of animals' habitats and climate change, is spurring this increase, and warn more pandemics could occur if nothing is done.
Updated 28 Mar, 2021 05:31pm
Facebook services down in Bangladesh amid protests against Modi visit
World

Facebook services down in Bangladesh amid protests against Modi visit

  • The government of Prime Minister Sheikh Hasina did not comment if it had blocked Facebook and its messenger app, but it has previously used internet shutdowns as a tool to curb the spread of protests.
  • Dozens were also hurt on Friday in the capital Dhaka where police used rubber bullets and teargas in clashes with violent protesters.
Published 27 Mar, 2021 08:56pm
Paris, EU near deal on Air France bailout conditions: report
Business & Finance

Paris, EU near deal on Air France bailout conditions: report

  • The expected deal would see Air France give up fewer airport flight slots at its Paris base than initially sought by the European Commission, notably at Orly airport, the newspaper said in a report published late on Friday.
  • The Air France-KLM group recorded a 7.1 billion euro ($8.38 billion) net loss for last year.
Published 27 Mar, 2021 05:47pm
Greece delays gas utility bid deadline to third quarter
Markets

Greece delays gas utility bid deadline to third quarter

  • The Greek privatisation agency last year shortlisted seven investors for a 65% stake in DEPA Commercial and the deadline for binding offers was due to expire this month.
  • The seven investor groups that have qualified to bid include two consortiums, one between Hellenic Petroleum and Italy's Edison International Holding and the other including Motor Oil and Public Power Corp.
Published 22 Mar, 2021 08:26pm
Bolsonaro critics face 'intimidation campaign' in Brazil
World

Bolsonaro critics face 'intimidation campaign' in Brazil

  • Lawyers and human-rights activists warn Brazil is seeing a surge in legal and extra-legal moves to stifle dissent against Bolsonaro, in some cases with legislation and tactics dating back to the country's 1964-1985 military dictatorship -- for which the president is openly nostalgic.
Updated 21 Mar, 2021 05:52pm
G7 makes progress on pandemic relief for poorer nations: UK
World

G7 makes progress on pandemic relief for poorer nations: UK

  • Britain - which is chairing the Group of Seven (G7) this year - said G7 finance ministers had agreed to support a "new and sizeable" increase in the volume of Special Drawing Rights (SDRs), an internal currency used by the IMF.
  • Any expansion of SDRs will need to be agreed with other countries ahead of the IMF's spring meeting that takes place in April.
Published 19 Mar, 2021 09:08pm
Pandemic pushes 32mn Indians out of middle class, says Pew Research
World

Pandemic pushes 32mn Indians out of middle class, says Pew Research

  • India is estimated to have seen a greater decrease in the middle class and a much sharper rise in poverty than China in the COVID-19 downturn.
  • In January last year, the World Bank forecast almost the same level of economic growth for India and China, at 5.8% and 5.9% respectively, in 2020.
Published 18 Mar, 2021 07:38pm