Sunday, 7 March 2021

Tag Archives: coronavirus

World Bank approves $12B to fight COVID-19

LONDON: The World Bank approved an envelope of $12 billion for developing countries to finance the purchase and distribution of novel coronavirus vaccines, tests, and treatments for their residents. The financing is part of an overall World Bank Group (WBG) package of up to $160 billion through June 2021 to fight ...

Read More »

Climate change spurs doubling of disasters since 2000: UN

GENEVE: Climate change is largely to blame for a near doubling of natural disasters in the past 20 years, the United Nations said. The UN Office for Disaster Risk Reduction said 7,348 major disaster events had occurred between 2000 and 2019, claiming 1.23 lives, affecting 4.2 billion people and costing ...

Read More »

British Airways chief executive steps down

LONDON: British Airways, slammed by the coronavirus pandemic, said that CEO Alex Cruz is stepping down “with immediate effect” but gave no reason for his departure. Parent group IAG added in a statement that Cruz, who has been BA chief executive for four and half years, will be replaced by ...

Read More »

Malaysia’s Anwar meets king in bid to topple government

KUALA LUMPUR: Malaysian opposition leader Anwar Ibrahim had a long-awaited meeting with the king, seeking to prove he has support to take power and fulfil a decades-old ambition of becoming premier. The Southeast Asian nation has been in turmoil since a reformist government headed by Mahathir Mohamad – which included ...

Read More »

Czech government to tighten coronavirus measures

PRAGUE: The Czech government will tighten coronavirus measures to curb soaring infections and hospitalisations but will seek to avoid the kind of blanket lockdown imposed in the spring, government officials said. The nation of 10.7 million has recorded Europe`s fastest rate of growth in new cases per capita in recent ...

Read More »

U.S imposed sanctions on Iran’s banking sector

WASHINGTON: Donald Trump’s administration imposed sweeping sanctions on Iran’s banking sector, taking a major new step to cripple the arch-rival’s already struggling economy weeks ahead of US elections. The Treasury Department said it was designating 18 major Iranian banks, a move that could largely cut off the nation of 80 ...

Read More »

COVID-19 crisis may worsen in north of England, MPs told

LONDON: British lawmakers have been informed in a meeting that the number of people suffering from the novel coronavirus in intensive care units in the north of England will exceed the number at the peak of the pandemic in April, if current trends continue. The meeting was chaired by Health ...

Read More »

Ruby Tuesday, hit by COVID, files for bankruptcy

WASHINGTON: Ruby Tuesday is filing for bankruptcy protection, the latest casual restaurant chain to suffer from coronavirus-related closures and changing consumer habits. The Maryville, Tennessee-based company, which was founded in 1972, said on Wednesday that its restaurants will remain open throughout the bankruptcy process. Ruby Tuesday has 250 company-owned and franchised ...

Read More »

Covid-19 vaccine may be ready by year-end, says WHO’s Tedros

GENEVA: A vaccine against Covid-19 may be ready by year-end, the head of the World Health Organisation (WHO) said yesterday. WHO Director-General Tedros Adhanom Ghebreyesus called for solidarity and political commitment by all leaders to ensure equal distribution of vaccines when they become available. “We will need vaccines and there ...

Read More »

ICC forging ahead with World Test Championship despite virus

(AP) Cricket’s global governing body is forging ahead with plans to stage an inaugural World Test Championship final in 2021, despite the disruption caused to the international game by the coronavirus outbreak. The International Cricket Council devised the championship to give some context to dozens of test series taking place ...

Read More »