Israeli Prime Minister Benjamin Netanyahu said on Wednesday there would be “no avoiding” a complete lockdown of the country without a decrease in the rate of new coronavirus infections.
It is understood that the regulator’s consumer protection arm is looking at insurers’ handling of claims relating to travel, health, mortgage protection and business continuity policies.
The Malta Bankers’ Association (MBA) has been meeting regularly and keeping in constant touch with the Maltese authorities to provide its support in connection with the developing COVID-19 situation.
Get a bloody move on.
The IMF and the World Bank on Wednesday said Somalia had taken the necessary steps to begin receiving debt relief, a key move that will allow the Horn of Africa country to lower its $5.2 billion in external debt to around $557 million.
- IMF, World Bank say Somalia ready to receive debt relief (Reuters: Mar 25, 2020 at 5:38 PM)
Long queues, crowded markets, and harassment of e-commerce and food delivery people by police departments seemingly unaware of what was allowed and what wasn’t, marked the first day of the three-week lockdown to cease the spread of the coronavirus disease (Covid-19), although by Wednesday evening, some sense of order emerged.
Putin also proposed setting a sickness payment rate of at least one minimum wage per month and introducing holidays on consumer and mortgage loans in the event that the income of individuals falls by more than 30%.
Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh on Wednesday discussed the measures that the government is taking in order to deal with the economic impact of the Covid-19 pandemic.
Canadian officials said the country’s economy is shedding jobs at an accelerated pace, forcing the government to expand its original fiscal-stimulus package
Members of the House of Representatives convened this afternoon to debate with Finance Minister Wopke Hoekstra, pressing government to speed up emergency economic measures in the wake of the Covid-19 outbreak.