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We have seen governments do what they can and think what they need to do to stop the economic carnage from economies wrecked by the Covid-19 outbreak.
MILAN (Reuters) - It took Silvia Bertuletti 11 days of frantic phone calls to persuade a doctor to visit her 78-year-old father Alessandro, who was gripped by fever and struggling for breath.
(Reuters) - U.S. medical professionals on the front line of the coronavirus pandemic are lobbying policymakers for protection from potential malpractice lawsuits as hospitals triage care and physicians take on roles outside their specialties.
NEW YORK: The cost of hauling oil from the US to China has skyrocketed to nearly US$10 a barrel - almost half of what the American benchmark crude is currently valued at - as the price war spurs a rush for ships.
RIYADH: Plans for a future after oil in Saudi Arabia are increasingly at the mercy of the present. A strategy to transform the Saudi economy, championed by Crown Prince Mohammed bin Salman, is likely to face deep budget cuts as the coronavirus pandemic and plummeting crude prices batter the economy, according to people familiar with the matter.
China is considering temporarily easing quotas designed to boost production of electric cars to help automakers badly bruised by the coronavirus pandemic to revive slumping sales.
KUALA LUMPUR: Following the rapid spread of Covid-19 and the heightened financial volatility, growth outlook for developing countries in the East Asia and the Pacific (EAP) region, including Malaysia, has been sharply downgraded as they face global financial shock and recession.
KUALA LUMPUR: Aset Kayamas Sdn Bhd has contributed 6,000 sets of medical-grade protective suits to frontliners who are fighting tirelessly against the Covid-19 pandemic.
INSURERS the world over have been walloped by evaporating investment returns, but those in South Korea have been hit particularly hard. Just consider this: The nation’s second-largest life insurer became a penny stock this month.