Europe looks to ease lockdowns As global coronavirus cases passed the 3 million mark Monday, some of the hardest-hit European countries signaled tentative moves to restart their economies after weeks of lockdowns. Italy will start reopening construction and manufacturing sectors on May 4, retailers and museums on May 18, and bars, restaurants and hair salons on June 1. Schools won’t reopen until September.…
Bill Gates in Gates Notes: “The coronavirus pandemic pits all of humanity against the virus. The damage to health, wealth, and well-being has already been enormous. This is like a world war, except in this case, we’re all on the same side. Everyone can work together to learn about the disease and develop tools to…
If we take in right lessons from COVID-19, everyone can benefit from its outcomes. Once the pandemic subsides, the face masks will go, but there could be much good that nations and businesses can opt for. Dr. Nasser Saidi, Special to Gulf News As we speak, COVID-19, the grim reaper, is rampaging through the US…
Looking for examples of true leadership in a crisis? From Iceland to Taiwan and from Germany to New Zealand, women are stepping up to show the world how to manage a messy patch for our human family. Add in Finland, Iceland and Denmark, and this pandemic is revealing that women have what it takes when…
Many of the world’s low- and middle-income countries are still in the early stages of the COVID-19 pandemic, but the impact is already being felt. Health systems are strained in Ethiopia and Yemen; more medical staff are needed in countries such as Haiti and Mongolia. Millions of children can’t go to school in Pakistan and…
A rebound in infections in Hong Kong and Singapore confirms that the epidemic is far from over in Asia. finews.asia speaks exclusively to Credit Suisse’s Francois Monnet on facing the pandemic. Francois Monnet, few, if any, CEOs could have planned for the disruption to business that has been caused by Covid-19. What is your read of the…
CEOs work from home just like you and me: they work from the kitchen table, listen to «The Who» on coffee breaks, and enjoy take-out pizza sometimes. finews asked around. Thomas Gottstein, Credit Suisse CEO: «The phone is my most important work tool now. I’m talking to our employees, clients, and political representatives as well as other…
State of global markets: • These are unprecedented times – haven’t seen anything like this in my 44 years in finance. • This is not a financial crisis. Dependency on central banks to moderate the problem can only achieve limited results. • We are seeing central banks become very aggressive, taking on responsibility of stabilizing…
