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ECONOMY

The economic damage caused by the COVID-19 pandemic is largely driven by a fall in demand, meaning that there are not consumers to purchase the goods and services available in the global economy.

The volume of retail sales fell by 18.1 per cent comparing to 5.2% in March. Monthly decline was seen across all sectors, apart from non-store retailing and alcohol stores.

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U.S. Foreign Policy – where does America stand today?

Until now, the U.S. foreign policy has been characterized by tension. But given the anxiety about President Donald Trump and what his administration might do – pull out of NATO, start a war with Iran or North Korea – it was something to be grateful for.

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Vladimir Putin – the modern Tsar of Russia

Vladimir Putin – the modern Tsar of Russia– is serving as President of Russia since 2012, previously holding the position from 2000 until 2008. In between his presidential terms, he was also the Prime Minister of Russia under his close associate Dmitry Medvedev (Putin was barred from a third consecutive term by the Constitution). However, Vladimir Putin gained 76% of the March 2018 presidential vote and was re-elected for a six-year term that will end in 2024.

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The New Normal!

The rampant escalation of COVID-19 outbreak, across the world, has acutely impacted almost everyone, in one way or the other, and triggered significant downside risks to the overall global economic outlook.

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Rwanda Receives Robots to Fight COVID-19

The robots donated to the Rwanda’s Health Ministry by the United Nations Development Programme (UNDP) and the Rwandan Ministry of ICT and innovation will be mainly used for temperature checks, monitor patient’s status and keep medical records of COVID-19 patients.

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There is no denying the fact that the pandemic is changing world order to a great extent. Geo-political and geo-economic shifts and consequences are likely to be seen in the near future.

May 26, 2020
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As a child growing up in Vietnam, Truong Manh Quan was acutely aware that his hard-working parents were battling to make do on the equivalent of a few hundred dollars a month.

May 21, 2020
New Delhi: New Delhi-Dibrugarh special train prepares to leave the New Delhi Railway Station following the resumption of passenger train services connecting major cities, during the ongoing COVID-19 lockdown, in New Delhi, Tuesday, May 12, 2020. (PTI Photo/Manvender Vashist) (PTI12-05-2020_000238B)

While we praise the efforts of the Indian government to resume railway services, let’s look at the loopholes that are going to affect people betwixt the increasing spread of the pandemic.

May 19, 2020
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