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WASHINGTON (Reuters) - Five inmates at a federal prison in Oakdale, Louisiana, have died since March 28 after contracting the coronavirus. Harold Lee’s family fears he could be next.
NEW YORK (Reuters) - It’s the most dramatic government intervention into our lives since World War II. To fight the coronavirus outbreak, governments across the globe have closed schools, travel and businesses big and small. Many observers have fretted about the economic costs of throwing millions of people out of work and millions of students out of school.
JAKARTA: Besieged by the worst turmoil since the Asian financial crisis more than two decades ago, Indonesia has given its central bank unprecedented powers to shield the economy from the fallout of the Covid-19 (coronavirus) pandemic on Friday (April 3).
The outbreak of the Covid-19 (coronavirus) pandemic has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related to the global economy, the work place and the spread of the virus.
MELAKA: The Malaysian Association of Hotels (MAH) is seeking urgent solutions from financial institutions and the state government to prevent hotels from winding up operations.
PETALING JAYA: Many businesses are facing difficulty in obtaining loans from licensed financial institutions in the face of a dampened economy, with some saying even loan sharks are more selective nowadays.
PURSUING tertiary education in a quality higher learning institution is what most youths aim to do after completing Sijil Pelajaran Malaysia (SPM).
ZURICH (Reuters) - The Swiss death toll from the coronavirus has reached 378, the country's public health ministry said on Wednesday, rising from 373 people a day earlier as Switzerland prepares additional measures to mitigate the epidemic's economic hit.
MANILA (Philippine Daily Inquirer/ANN): The Philippines’ top three airlines are seeking a financial lifeline from the Duterte administration as the new coronavirus disease (Covid-19) deals an “existential threat” to the domestic aviation sector — mirroring the crisis facing the industry globally.
BEIJING (Xinhua): The Chinese government will roll out a set of fiscal and financial policies, including allocating more local government bond quota in advance as per due procedures, and intensifying inclusive financial support to micro, small and medium-sized enterprises.