“If all goes well with testing, we could know if some of the candidate vaccines are both safe and effective as early as September/October. Then, rolling a vaccine out will depend on the type of product and how quickly it can be made, put in vials and so forth,” Doherty told PTI in an email interview from Melbourne. … [Read more...] about Nobel laureate Peter Doherty concerned about lockdown relaxations in India
India warns china
Donald Trump announced US will end its relationship with the World Health Organization. This comes amid growing tensions between US and China over covid-19. Trump said, “We have detailed reforms that they must make and engage with them directly, but they have refused to act. We will be today terminating our relationship with the WHO.” Watch full video here. … [Read more...] about News updates from Hindustan Times: Experts warn, 2020 could be the hottest year since records began and all the latest news
We pay for your stories! Do you have a story for The Sun Online news team? Email us at [email protected] or call 0207 782 4368 . You can WhatsApp us on 07810 791 502. We pay for videos too. Click here to upload yours. … [Read more...] about Mega-swarms of 80 million locusts devastate India in worst plague for 25 years
The first flight with 200 passengers was due to arrive shortly before noon on Saturday in Tianjin, a port city just east of the capital Beijing. Another flight to Shanghai. The second flight was expected to arrive in Shanghai around midday on Thursday, June 4. … [Read more...] about The Latest: Pakistan allows international flights to resume
Terminating America’s relationship with the World Health Organization. Trump said the WHO is biased in favor of China and has failed to approve reforms arising out of its dealing with the coronavirus pandemic that originated in China. The move cuts off about $450 million in U.S. funding for the WHO. Trump said the U.S. would use those funds for “other worldwide and deserving urgent global public health needs.” … [Read more...] about Gordon G. Chang: Trump is right to ditch 5 decades of failed US-China engagement policy
Even if you lift lockdown, it is not going to revive economic activity immediately because consumption will not revive, so demand will not. Investment will not revive, therefore demand will not revive. Only the government is spending, but it is going to lose massive tax revenue. My estimate is that the economy will not recover to January 2020 levels for several years because we are into a deep depression. It is not going to be a V-shaped recovery, it is going to be a shallow U-shaped recovery. But suppose very optimistically we go back to January 2020 in a year, then the average rate growth from (-)75% to 0% means we will have a (-)37.5% rate of growth of the economy. If the rate of growth is (-)37.5%, Tax to GDP ratio will become half of what it was earlier. It is easy to see why. GST collections largely come from non-essential goods and sin goods, those in 43% bracket, 28% and 18% brackets. Essentials are in zero per cent or five per cent brackets. … [Read more...] about Can India’s workforce have a safe return to business?