Coronavirus’ Economic Impact Could Hit $8.8tln, Says Asian Devt. Bank

CoronavirusEconomyWorld NewsCoronavirus’ Economic Impact Could Hit $8.8tln, Says Asian Devt. Bank

PilotnewsMay 15, 2020

Global economic losses from the coronavirus pandemic could reach up to 8.8 trillion dollars, or nearly 10 per cent of the world economy’s output, the Asian Development Bank (ADB) said on Friday.  The Manila-based bank said the forecast for the pandemic’s impact under a long containment period of six months was more than double its assessments in March and April, as well as the projections by the World Bank and the International Monetary Fund. Under...

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Global Coronavirus Death Toll Exceeds 300,000 – Reuters Tally

CoronavirusNewsWorld NewsGlobal Coronavirus Death Toll Exceeds 300,000 – Reuters Tally

PilotnewsMay 15, 2020

Global coronavirus deaths passed 300,000 on Thursday as infections approached 4.5 million, according to a Reuters tally, with the U.S. responsible for more than a quarter of all fatalities. The UK and Italy accounted for another 10-11 per cent each, while France and Spain accounted for 9 per cent each. The number of deaths linked to COVID-19 in just four months is now equal to about three-quarters of the number of people who die annually...

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Colombian Army Announces Killing of Key Guerrilla Leader in Bombing

MilitaryNewsWorld NewsColombian Army Announces Killing of Key Guerrilla Leader in Bombing

PilotnewsMay 15, 2020

Colombia’s air force on Thursday bombed a camp of the National Liberation Army (ELN), a guerrilla group, killing one of its most wanted leaders, Defence Minister Carlos Holmes Trujillo announced.  Regional official Carlos Feliz put the number of guerrillas killed at 22, but Holmes Trujillo only mentioned the deaths of the leader known as Mocho Tierra and three other “terrorists”. The attack occurred in a rural area in Montecristo in the country’s north. It targeted...

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UN Rights Chief Urges Caution in Lifting of COVID-19 Lockdowns

CoronavirusEconomyWorld NewsUN Rights Chief Urges Caution in Lifting of COVID-19 Lockdowns

PilotnewsMay 15, 2020

The UN Human Rights High Commissioner, Ms. Michelle Bachelet, has called for caution as more countries move to lift  COVID-19 lockdowns imposed to contain the spread of the coronavirus. Bachelet, a former medical doctor, Minister of Health, and President of Chile, gave the advice while speaking to newsmen from Geneva on Thursday. She warned of potential risks, including the “danger of a second wave” that could cost many more lives if countries lift restrictions without adequate...

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Malaysia to Allow Some Mosques to Reopen for Friday Prayers

CoronavirusReligionWorld NewsMalaysia to Allow Some Mosques to Reopen for Friday Prayers

PilotnewsMay 14, 2020

Malaysian authorities will allow 88 mosques to hold Islamic Friday prayers this week in a relaxation of curbs imposed on places of worship due to the coronavirus pandemic. Up to 30 people will be allowed enter the mosques to pray as long as they “observe social distancing, practice sanitizing and get details [of those who enter] for record purposes,” said Zulkifli Mohamad, Malaysia’s Minister for Islamic Affairs. The reopening of some mosques comes ahead of the end of the...

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Swearing-in of New Israeli Government Pushed Back to Sunday

PoliticsWorld NewsSwearing-in of New Israeli Government Pushed Back to Sunday

PilotnewsMay 14, 2020

In a surprise last-minute move, the long-awaited swearing-in of Israel’s new government has been postponed until Sunday, as caretaker Prime Minister Benjamin Netanyahu said he needed more time to distribute portfolios to future ministers. The decision came just as the parliament, or Knesset, was set to begin Thursday’s ceremony. Netanyahu and his former rival Benny Gantz made the decision jointly, according to a statement. “Netanyahu approached Gantz with a request to postpone the swearing-in until...

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Lufthansa First to Land As Lithuania Resumes Passenger Flights

CoronavirusTravelWorld NewsLufthansa First to Land As Lithuania Resumes Passenger Flights

PilotnewsMay 14, 2020

Passenger flights in and out of Lithuania have resumed after a break of more than a month and a half during the coronavirus pandemic.  German airline Lufthansa had a flight from Frankfurt to the Lithuanian capital Vilnius on Wednesday afternoon with more than 150 passengers. A similar number of passengers flew the other way from Vilnius to Frankfurt later in the evening, local media reported. The passengers had to undergo a medical check after landing...

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US to Get Covid-19 Vaccine First – French Drug Maker

CoronavirusInvestingWorld NewsUS to Get Covid-19 Vaccine First – French Drug Maker

Adeola Oladipupo (Correspondent)May 14, 2020

Sanofi, the French pharmaceutical giant, says the United States would get its COVID-19 vaccine first before other countries if it succeeds in developing it. Paul Hudson, Sanofi’s Chief Executive Officer, told Bloomberg news that the US was the first in line to fund Sanofi’s vaccine research. “The US government has the right to the largest pre-order because it’s invested in taking the risk. I have been campaigning in Europe to say the US will get...

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Twitter Announces Plans to Allow Employees to Work from Home Forever

BusinessCoronavirusNewsPress * MediaWorld NewsTwitter Announces Plans to Allow Employees to Work from Home Forever

Bada Yusuf Amoo (Correspondent)May 13, 2020

The social media giant, Twitter, had announced on Tuesday, its plans to let all its employees who wish to work from home to do so for the foreseeable future. It says this will also be allowed in the post-COVID-19 world. The company made this known in a statement on Tuesday. The company said that the past few months had seen its staff work remotely is proof that it can work. The statement read in part,...

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WHO Gives Conditions for Reopening Schools and Workplaces

CoronavirusWorld NewsWHO Gives Conditions for Reopening Schools and Workplaces

Bada Yusuf Amoo (Correspondent)May 12, 2020

The World Health organization had given conditions for reopening of schools and workplaces across the world.  The directives were mentioned by the WHO’s Director-General, Tedros Adhanom Ghebreyesus, on Monday while giving his opening remarks at the media briefing on COVID-19.  The health organization said a comprehensive package of measure is the most effective set of tools used to tackle the virus while the search for a vaccine is ongoing.  The WHO urged decision-makers across the...

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