Post COVID-19: Africa’s growth stands to rebound to 3% in 2021, African Development Bank says in African Economic Outlook 2020 Supplement | African Development Bank

Africa’s economic growth could rebound in 2021, provided that governments manage the COVID-19 infection rate well, according to updated forecasts from the African Development Bank, released on Tuesday. In a comprehensive socio-economic assessment of the pandemic’s impact, the Bank said growth was now projected to rebound to 3% in 2021 from -3.4% in the worst-case […]

Brazil’s Bolsonaro Hails Hydroxychloroquine Even as He Fights Coronavirus

RIO DE JANEIRO — President Jair Bolsonaro of Brazil has been presenting an image of resilience and vigor as he fights the coronavirus, flashing smiles and thumbs-up, posting on social media — and enthusiastically promoting the drug hydroxychloroquine. His attitude during convalescence is consistent with his widely-discredited contention that the virus poses little threat to […]

Coronavirus: Evening update as Rishi Sunak unveils summer economic plan

Here are five things you need to know about the coronavirus outbreak this Wednesday evening. We’ll have another update for you on Thursday morning. 1. Chancellor cuts VAT on hospitality to ‘save jobs’ Rishi Sunak is to cut VAT on hospitality as part of a £30bn plan to save jobs and limit the economic impact […]

Silver concerned about COVID-19 cases penetrating NBA bubble in Orlando

NBA commissioner Adam Silver is concerned positive coronavirus tests may penetrate the Orlando bubble ahead of the league’s planned return. The 2019-20 NBA season is set to restart via a 22-team format at the Disney World complex in Orlando, Florida on July 30 after the campaign was halted due to COVID-19 in March. However, there […]

Covid-19 news: UK could eliminate coronavirus entirely, say scientists

By Clare Wilson , Jessica Hamzelou , Adam Vaughan , Conrad Quilty-Harper and Layal Liverpool People eat and drink oudoors in Soho, London, as coronavirus lockdown restrictions are eased across England.Matt Crossick/Empics/PA UK could eliminate coronavirus with new strategy, say Independent SAGE scientists The UK government has “given up” on trying to eliminate the coronavirus, […]

Coronavirus: 10 players and staff at Premiership clubs test positive

Each Premiership team had nine regular-season games left to play when the season was suspended in March because of the coronavirus pandemic Six players and four non-playing members of staff have tested positive after the first round of Premiership Rugby’s coronavirus testing. A total of 804 tests were carried out across the 12 clubs on […]

Coronavirus: Queen’s University charters plane for Chinese students

Image copyright AFP Image caption The flight will be operated by Qatar airlines and leaves Beijing on 18 September Queen’s University in Belfast (QUB) has chartered a jet to take hundreds of students from China to NI in the face of the coronavirus pandemic. Chinese students offer a vital source of income at a time […]

Tokyo shares track Wall Street lower as COVID-19 cases spike

TOKYO, July 8 (Reuters) – Japanese shares slipped on Wednesday, tracking overnight Wall Street losses, as investors monitored surging coronavirus cases across the world that could derail a nascent global economic recovery. The benchmark Nikkei share average ended down 0.78% at 22,438.65 after moving in and out of positive territory in early session, with 40 […]