Initial results from survey conducted by the Ministry of Education to assess how families of students are doing under the COVID-19 conditions show that most are doing well under these new conditions. The survey also shows that there are families struggling due to COVID-19 impact. Since the declaration of the National Health Emergency and the […]
Tag: economy
Posted inWorld News
Mideast economies take massive hit with oil price crash
BAGHDAD (AP) — Iraq is planning painful cuts in social benefits relied on by millions of government workers. Saudi Arabia will likely have to delay mega-projects. Egypt and Lebanon face a blow as their workers in the Gulf send back less of the much-needed dollars that help keep their fragile economies afloat. The historic crash […]
Posted inPacific News
COVID-19 and its likely impact on the tuna industry in the Pacific Islands
HONIARA, 27 APRIL 2020 (DEVPOLICY.ORG) —The importance of tuna in the Western and Central Pacific Ocean (WCPO) cannot be underestimated. Approximately 60 percent of the raw material for the global tuna canning market comes from the WCPO. There are two reasons why COVID-19’s impact on the tuna industry should be monitored. First, shelf-stable foods, such […]
Posted inWorld News
Lockdown politics increasingly pit economic, health concerns
WASHINGTON (AP) — The global health crisis is taking a nasty political turn with tensions worsening between governments locked down to keep the coronavirus at bay and people yearning to restart stalled economies and forestall fears of a depression. Protesters worrying about their livelihoods and bucking infringements on their freedom have taken to the streets in some […]
Posted inWorld News
Asian stocks slide after weak US data add to global gloom
BEIJING (AP) — Asian stocks were mostly lower Thursday after unexpectedly weak U.S. retail and other data added to gloom about the impact of the coronavirus pandemic. Benchmarks in Tokyo and Hong Kong declined while Shanghai gained. On Wall Street, the benchmark S&P 500 index sank 2.2% after the U.S. government reported last month’s retail […]
Posted inPacific News
WHO reviewing impact of US funding withdrawal amid COVID-19 pandemic
GENEVA, 16 APRIL 2020 (UN NEWS CENTRE/BBC NEWS)—The head of the World Health Organisation (WHO) on Wednesday upheld the importance of international solidarity in tackling the COVID-19 pandemic: a “dangerous enemy” to all humanity. Director-General Tedros Adhanom Ghebreyesus was speaking to journalists one day after the United States announced that it was cutting funding to […]