TURKISH STARTUP DEVELOPS MONEY-DISINFECTING ATM

Sat 21 March 2020: A Turkish start-up has developed a module for ATMs that can remove bacteria and viruses from paper money amid the coronavirus pandemic. Istanbul-based tech company Money Shower says the new module disinfects paper bills within 15 minutes, Hurriyet Daily News reported. “There are now 26,000 bacteria of 500 types on average on banknotes circulating in Europe. These […]

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PANIC BUYING, LOCKDOWNS MAY DRIVE WORLD FOOD INFLATION-FAO, ANALYSTS

Sat 21 March 2020: (REUTERS) Lockdowns and panic food buying due to the coronavirus pandemic could ignite world food inflation even though there are ample supplies of staple grains and oilseeds in key exporting nations, a senior economist at FAO and agricultural analysts said. The world’s richest nations poured unprecedented aid into the global economy […]

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IMF SEES SEVERE IMPACT FROM PANDEMIC ON GLOBAL ECONOMY, BUT CRISIS TEMPORARY

Sat 21 March 2020: The impact of the global coronavirus pandemic will be “quite severe,” but a long expansionary period and high employment rates mean the global economy should weather the current shock, a top International Monetary Fund official said on Friday. Martin Muehleisen, who heads the IMF’s strategy policy and review department, said in […]

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CHINA SEES ZERO LOCAL CORONAVIRUS CASES FOR THIRD DAY, IMPORTED INFECTIONS RISE

Sat 21 March 2020: (REUTERS) Mainland China reported zero locally transmitted cases of the coronavirus for a third day running, while the daily log of infections involving travellers arriving from other countries continued to rise. Mainland China had 41 new confirmed cases of coronavirus infections on Friday, the country’s National Health Commission said, all imported […]

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RECOVERY OF CORONAVIRUS EPICENTER, CHINA’S WUHAN GIVES HOPE TO REST OF WORLD: WHO

Tedros-Adhanom-Ghebreyesus(WHO) AFP Sat 21 March 2020: The World Health Organization said Friday that the Chinese epicenter of the coronavirus outbreak at last reporting no new cases gave hope to the rest of the world battling the pandemic. The city of Wuhan registered no new cases of COVID-19 in 24 hours – for the first time […]

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UAE REPORTS ITS FIRST CORONAVIRUS DEATHS: 78-YEAR-OLD ARAB AND 58-YEAR-OLD ASIAN

Sat 21 March 2020: The United Arab Emirates reported the country’s first deaths due to the coronavirus, two men, a 78-year-old Arab and a 58-year-old Asian, the ministry of health said early Saturday. The ministry said the 78-year-old Arab man had come to the country from Europe and died due to a heart attack which […]

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