COVID-19 Updates
-
Global public debt to rise ‘modestly’ after US$14 trillion spent to tackle coronavirus economic damage, IMF says
Global public debt is set to rise “modestly” in 2021 after some US$14 trillion was spent last year to tackle economic damage from the coronavirus pandemic, according to the International…
-
Michael Lewis reveals next book, The Premonition, will be about coronavirus
The Big Short author is setting out to tell story of ‘misfits’ who anticipated the pandemic and went on to make sense of it Michael Lewis, author of bestsellers including…
-
Portugal facing ‘worst moment’ of Covid crisis so far, says PM
Amid record death toll and struggling hospitals, António Costa admits failings in handling outbreak Coronavirus – latest updates See all our coronavirus coverage Portugal is in the grip of a…
-
‘Your money and your life’: no need to trade off saving lives from coronavirus and economic recovery
Economic growth can only be achieved by first stopping deaths from the coronavirus, although China’s success in achieving this last year led to an increase in global inequality, according to…
-
China’s rust-belt province of Liaoning merges 12 local banks into one ‘first-class’ bank as bad loans mount
The Chinese rust-belt province of Liaoning will merge a dozen local government-owned commercial banks into one large provincial institution, in the wake of an increase in bad loans caused by…
-
China’s state-run economic model is not the answer to all future problems, despite coronavirus success, prominent economists warn
China should be wary of relying too heavily on its state-led economic-management model and not get caught up in the belief that successfully controlling the pandemic last year is proof…
-
Coronavirus: WHO investigation team members leave hotel quarantine in China
A World Health Organization team in China to investigate the origins of the Covid-19 pandemic ended 14 days of hotel quarantine on Thursday, kicking off the field portion of their…
-
Coronavirus state of emergency has the Japanese staying home, hoarding cash
As Japan prepares to extend its state of emergency beyond February 7, the country’s public is largely resigned to its fate. Most people say they are simply battening down the…
-
Race to dig graves in Brazil’s ‘Gateway to Amazon’ as Covid-19 death rate soars
With more than 3,000 burials in January alone, the Amazon rainforest city of Manaus does not remember a deadlier month.Its cemetery is expanding at breakneck speed as bulldozers dig dozens…