IRAN ASSEMBLY OF EXPERTS MEMBER HASHEM BATHAEI-GOLPAYGANI DIES OF CORONAVIRUS

Mon 16 March 2020: Ayatollah Hashem Bathaei-Golpaygani, a member of Iran’s Assembly of Experts, has died from the novel coronavirus, Iran’s state news agency IRNA reported on Monday. Bathaei-Golpaygani was receiving treatment in Qom’s Shahid Beheshti hospital, according to Iranian news agencies. He was initially admitted to the hospital on Saturday. At least 1,400 Qom citizens […]

Continue Reading

TRUMP OFFERS GERMAN FIRM ‘LARGE SUMS OF MONEY’ FOR EXCLUSIVE USE OF CORONAVIRUS VACCINE

Mon 16 March 2020: The U.S. and Germany are vying to produce an exclusive vaccine against the coronavirus which is being developed in a German laboratory, Die Welt daily reported Saturday. According to the paper, U.S. President Donald Trump is trying to poach German scientists working on an experimental vaccine against a global health threat […]

Continue Reading

MORE COUNTRIES IMPOSE TIGHT CONTROLS AGAINST SPREAD OF GLOBAL COVID-19

Mon 16 March 2020: The coronavirus pandemic has now hit all global regions, ripping up sporting and cultural calendars and causing panic in stock markets and companies, particularly airlines. Measures have also been intensified to restrict the pandemic, which has sickened more than 150,000 people and killed more than 6,000. While France ordered the closure […]

Continue Reading

NEARLY 8 MILLION BRITONS MAY CATCH CORONAVIRUS, UK OFFICIALS WARN

Mon 16 March 2020: The coronavirus crisis in Britain will last until spring 2021 and could lead to 7.9 million people catching the disease, the Guardian reported late Sunday, citing a closed Public Health England (PHE) briefing for senior health officials. “The document, seen by the Guardian, is the first time health chiefs tackling the […]

Continue Reading

WITH STORE SHELVES EMPTYING, TRUMP ASSURES US HAS ‘NO SHORTAGES’

Mon 16 March 2020: (AFP) Food has been quickly disappearing from US supermarket shelves in signs of panic-buying but President Donald Trump and other government and industry officials assured on Sunday that the supply chain is intact and there’s plenty of food. “You don’t have to buy so much… Relax,” Trump said at a press […]

Continue Reading

US FED SLASHES KEY INTEREST RATE, ROLLS OUT MASSIVE RESPONSE TO PANDEMIC

Mon 16 March 2020: (AFP) Faced with a growing economic shutdown from the coronavirus pandemic, that could cause the US economy to contract, the US Federal Reserve on Sunday announced drastic emergency measures to shore up confidence and keep the financial sector running, including slashing the key interest rate to virtually zero. The Fed made […]

Continue Reading

UAE, SAUDI AND EGYPT CENTRAL BANKS PLEDGE $47 BILLION TO CONTAIN CORONAVIRUS FALLOUT

Sun 15 March 2020: Three of the biggest Arab economies pledged almost $47 billion in stimulus to limit the economic damage of the coronavirus outbreak, joining a global effort meant to soothe markets and salvage growth. Saudi Arabia’s central bank unveiled a 50-billion riyal ($13.3 billion) package to support private businesses, soon after its counterpart in the United […]

Continue Reading

WHAT KILLS MORE PEOPLE? THE CORONAVIRUS OR THE ECONOMIC RECESSION IT’S CAUSING

Sun 15 March 2020: The number of people killed by the coronavirus pandemic continues to rise daily as countries across the world brace for the worst-case scenario. But as the virus hits the global economy through travel bans, quarantines, and infrastructure shutdowns, economists have warned of a longer term impact – people dying as the […]

Continue Reading

GULF STATES EXTEND CORONAVIRUS PRECAUTIONS TO BOURSES, SHIPPING, ARCADES

Sun 15 March 2020: Gulf Arab states expanded measures to contain the spread of coronavirus on Sunday with Oman banning open ship-to-ship transfers with Iranian vessels, Abu Dhabi’s bourse closing trading halls and Dubai shuttering cinemas, gyms and arcades, Reuters reports. Citizens and residents in Kuwait, which went into virtual lockdown on Thursday, had their temperatures tested […]

Continue Reading

CRISTIANO RONALDO ‘WILL TRANSFORM HIS HOTELS IN PORTUGAL INTO HOSPITALS’ TO HELP FIGHT CORONAVIRUS

Sun 15 March 2020: As the coronavirus pandemic continues to spread across the world, former Man United star Cristiano Ronaldo has reportedly made a generous move to help in the fight against the disease. According to Spanish publication Marca, the 35-year-old Juventus forward will transform his hotels in Portugal into hospitals to help fight coronavirus. The makeshift hospitals will be available […]

Continue Reading