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Rate hikes, Ukraine war, China woes darken Asia economic outlook, says ADB
WEDNESDAY, SEPTEMBER 21, 2022
The Asian Development Bank (ADB) on Wednesday further slashed its growth forecasts for developing Asia for 2022 and 2023 amid mounting risks from increased central bank tightening, the fallout from the war in Ukraine and Covid-19 lockdowns in China.
No Metro Manila lockdowns for the 1st time since 2020
SUNDAY, APRIL 10, 2022
For the first time since March 2020, no area or even household in any of Metro Manila’s 16 cities and one municipality was considered on lockdown, the National Capital Region Police Office (NCRPO) confirmed on Saturday.
Britain tightens lockdowns over virus mutation with 'significantly faster' transmission
SUNDAY, DECEMBER 20, 2020
LONDON - Faced with a newly emerging coronavirus mutation with "significantly faster" transmission rates, Britain on Saturday announced tightened pandemic restrictions that returned London and parts of the country to virtual lockdown and reversed earlier promises for relaxed rules over the holidays.
Oil slumps to 5-month low as lockdowns, Libya spook market
MONDAY, NOVEMBER 02, 2020
Oil plunged to a five-month low as gains in Libyan production coincided with a wave of new virus-lockdown measures in Europe.
Lifting lockdowns amid high infections won't boost GDP, IMF says
THURSDAY, OCTOBER 08, 2020
Lifting lockdowns is unlikely to lead to a decisive and sustained economic boost as long as covid-19 infections remain elevated, because people will probably keep avoiding social interactions out of fear of contracting the virus, the International Monetary Fund said.
Europe gets serious about lockdowns as Italy slows deaths
TUESDAY, MARCH 24, 2020
On the same day Italy saw a dip in the number of deaths from the coronavirus, the U.K. was forced into a full lockdown with Europe still scrambling for new ways to mitigate the devastating social and economic impact of the pandemic.
Lockdowns shuttered six of Trump's top-earning clubs and resorts before he called for rethinking them
MONDAY, MARCH 23, 2020
President Donald Trump's private business has shut down six of its top seven revenue-producing clubs and hotels because of restrictions meant to slow the spread of the novel coronavirus - potentially depriving Trump's company of millions of dollars in revenue.