Naushad Forbes: We should, by the way, do some scenario planning for what’s the best- and worst-case scenario and what’s in between. For those scenarios, we must have action plans in place that are transparent so people can prepare accordingly. The best-case scenario to me is that the three-week lockdown delivers. We shouldn’t expect the rising trend of cases to change for a minimum of 10 days before a successful lockdown can have an effect (because of the gestation of the virus). The best-case scenario is that 10 days from now, we start seeing a flattening of the growth rate. A few more days later, we see the curve starting to turn down. Then we can say the lockdown is working, now how do we start working towards recovery. We should put those plans in place now. … [Read more...] about How can India contain the economic impact of COVID-19?
By Badri Narayanan Gopalakrishnan and Sumathi Lalapet ChakravarthyNew Delhi:While China shuts down its last makeshift coronavirus hospital, the world endures a bigger challenge as the pandemic is rampaging to every continent on the planet at a speed greater than the light. Based on the John Hopkins coronavirus tracker, the novel virus COVID-19 has spread to an unprecedented 175 countries as of March 27, 2020. The world is grappling with uncertainties and several countries have imposed restrictions that would severely impact the economic activities not just for now, but for a prolonged period of time.India still shows hope in terms of the spread of the infections and reporting a lower number of deaths. It remains one of the least impacted among the highly populous countries at present; there are just about 0.39 cases per million people: negligible in comparison with a staggering 1350 cases per million Italians or 258 cases per million Americans. The timely decline in oil prices, shall … [Read more...] about Opinion: Covid-19 impact on Indian economy and the auto industry – What’s ahead of us?
Goodwill has reduced the hours of operation of its retail stores – while significantly increasing cleaning and sanitizing procedures of all facilities – and temporarily closed its Job Connection (free career services) sites. Goodwill will offer remote career services to veterans and their families, the homeless and other job seekers, to ensure the health and safety of its team and the public. Essential emergency assistance clothing for community members in need is also available, and its number for information and referral services (888-230-8820) remains open. … [Read more...] about Coronavirus impacts force Goodwill Manasota to reduce its staff
Penguins Foundation Executive Director Jim Britt said: “We want to thank our fans for once again coming through to assist residents of our community who are in need at this difficult time.” … [Read more...] about Penguins Foundation Donating Money Raised Through Jersey Auction To Groups Helping People Impacted By Coronavirus Outbreak
Sony noted that it planned to release its financial results on April 30 for the fiscal year ending this month, but it warned that "the spread of COVID-19 could lead to delays in account closing procedures and other operations, making it difficult for Sony to proceed with this announcement as planned." … [Read more...] about Sony Outlines Coronavirus Impact on Music, Film and Game Divisions