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Tag Archives: coronavirus

Ahead of vote, virus emboldens Serbian president’s one-man show

Belgrade, Serbia | AFP |  An excuse to dominate the airwaves, sideline the opposition and cast himself as a saviour: President Aleksandar Vucic has emerged from the coronavirus crisis stronger than ever as he looks to extend his vice-like grip on Serbia’s troubled democracy. After flattening the infection curve and capping …

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Lockdowns averted 3 million deaths in 11 European nations: study

Paris, France | AFP | Lockdowns prevented around 3.1 million deaths in 11 European countries, according to a new modelling study published Monday, as most nations tiptoe out of the strict measures to halt the spread of the new coronavirus. Research by Imperial College London, whose scientists are advising the British …

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World stocks extend gains on economic optimism

London, United Kingdom | AFP | Global stock markets built on strong pre-weekend gains on Monday as optimism that economies are emerging from coronavirus gloom kept buyers onside. On Wall Street, the Dow index was up just over 200 points at the opening bell, while in Europe London and Frankfurt were …

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Gas, processed milk to be exempted from taxes

Kampala, Uganda | THE INDEPENDENT | The government will on Thursday announce the removal of Value Added Taxes on various products including liquefied petroleum gas (LPG) and the processed milk. The announcement is one of the measures contained in the 2020/21 financial year budget with an aim to boost the …

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Bank of Uganda further cuts growth forecast

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has further cut growth forecasts to just over 2 percent an indicator that the impact of coronavirus disease on the economy is deeper than earlier thought. In the June monetary policy statement issued on Monday,  the central bank said that the …

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Declared coronavirus cases top seven million globally

Paris, France | AFP | Declared coronavirus infections topped seven million globally, some two-thirds in Europe and the United States, according to an AFP tally of official figures at 0700 GMT Monday. At least 7,003,851 cases have been officially recorded around the world, including 402,867 deaths, and Europe is the hardest-hit continent with 2,275,305 cases …

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Spain, Italy join wave of anti-racism rallies

Madrid, Spain | AFP |  Chanting for justice, thousands of protesters rallied in the streets of Spain and Italy on Sunday joining a wave of global demonstrations sparked by the death of African American George Floyd at the hands of US police. A video of the incident with Floyd pleading for …

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Sweden didn’t lock down, but economy to plunge anyway

Stockholm, Sweden | AFP |  Unlike most countries, Sweden never locked down during the coronavirus pandemic, largely keeping businesses operating, but the economy appears to be taking a hard hit nonetheless. Under the Scandinavian country’s controversial approach to the virus, cafes, bars, restaurants and most businesses remained open, as did schools …

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Virus crisis piles pressure on African media

Lagos, Nigeria | AFP |  Collapsing revenues, rising layoffs: the coronavirus crisis is battering media outlets across Africa that were already struggling for cash and often facing pressure from hostile authorities. The news of cutbacks was sudden and painful for journalists at two of Nigeria’s most popular independent newspapers when bosses …

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