ECONOMIC IMPACT – COVID 19 Archives - Page 11 of 12

April 4, 2020

Working in strict alignment with guidelines set by health officials to combat the COVID-19 pandemic, the Hayleys Plantations sector initiated several measures to ensure that the daily needs of all its employees were met, while rolling out a set of strict health and safety regulations to be followed in the field, factories and estate premises. […]

April 3, 2020

Hong Kong is using tracker wristbands to geofence people under coronavirus quarantine : The wristbands are connected to a smartphone app and will be used to make sure people actually stay at home. It’s mandatory to wear the wristbands on arriving passengers to enforce coronavirus quarantine. Who ever is not complying with this new regulation, […]

April 3, 2020

In moves sure to concern privacy advocates, 19 countries are now accessing citizens’ mobile location data in an effort to fight the coronavirus outbreak. A COVID-19 Digital Rights Tracker by Top10VPN lists countries that are using mobile data for the pandemic. Uses range from anonymous aggregated data to monitor the general movement of people, to tracking the […]

April 2, 2020

The World Travel and Tourism Council has warned the COVID-19 pandemic could cut 50 million jobs worldwide in the travel and tourism industry. Asia is expected to be the worst affected. Once the outbreak is over, it could take up to 10 months for the industry to recover. The tourism industry currently accounts for 10% […]

March 21, 2020

UK’s coronavirus death toll rises by 40 to 177 in biggest daily spike yet as 714 more Britons test positive for the life-threatening illness – taking infection toll to almost 4,000 The Prime Minister Boris Johnson told a press conference today that social premises that also include theatres, cinemas, gyms and sports centres must close […]

March 19, 2020

The World Federation of Exchanges Issues Statement on Covid-19 And Market Volatility London, Thursday 19 March 2020 – The World Federation of Exchanges (“WFE”), the global industry group for exchanges and CCPs, has today issued a statement on coronavirus (Covid-19) and current market volatility. The economic impact of the Covid-19 pandemic has introduced extraordinary volatility in global financial markets, […]

March 19, 2020

Focus on private sector and workers spearheaded by IFC to mitigate financial and economic impact of crisis The World Bank and IFC’s Boards of Directors approved today an increased $14 billion package of fast-track financing to assist companies and countries in their efforts to prevent, detect and respond to the rapid spread of COVID-19. The […]

March 18, 2020

As we prepare for the additional demands that the COVID-19 outbreak will place on our hospital system, our operational leaders need up-to-date projections of what additional resources will be required. Informed estimates of how many patients will need hospitalization, ICU beds, and mechanical ventilation over the coming days and weeks will be crucial inputs to readiness responses […]

March 18, 2020

The day the world stopped | Amid travel bans and lockdowns, their approaches differ OF THE SUPPOSED five stages of grief, humanity’s response to the covid-19 pandemic has seemed stuck in the first three: denial (it will not happen to us), anger (it’s another country’s fault, or our government’s) and bargaining (if we make modest […]

March 17, 2020

Apart from the tragic human consequences of the COVID-19 coronavirus epidemic, the economic uncertainty it has sparked will likely cost the global economy $1 trillion in 2020, the UN’s trade and development agency, UNCTAD, said on Monday. “We envisage a slowdown in the global economy to under two per cent for this year, and that […]

Hayleys Plantations implements stringent measures to protect estate workers from COVID 19

Tracker wristbands to geofence people under coronavirus quarantine

Countries track mobile location to fight COVID-19

World Economic Forum : This is how COVID19 could affect the travel and tourism industry

UK PM orders UK-wide lockdown from Tonight

Exchanges and CCPs support market participants in the face of the global coronavirus (Covid-19) economic shock

World Bank Group Increases COVID-19 Response to $14 Billion To Help Sustain Economies, Protect Jobs

Announcing CHIME, A tool for COVID-19 capacity planning

Governments are still struggling to get ahead of the coronavirus

Coronavirus update: COVID19 likely to cost economy $1 trillion during 2020, says UN trade agency