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How the next euro crisis could unfold

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What if Italy cannot service its debt and a future government is tempted to default? Reported by FT.com 2 days ago.

How France found itself in the middle of a coronavirus catastrophe

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In Paris on March 9, the day neighbouring Italy was locked down, Macron went strolling with his wife on the Champs Elysee, telling restaurant patrons he wanted to “send a message of confidence to the French economy.” Reported by CBC.ca 19 hours ago.

Coronavirus outbreak: US receives India's hydroxychloroquine cargo

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A consignment of hydroxychloroquine from India has reached the US, the global COVID-19 hotspot, days after New Delhi lifted a ban on the export of the anti-malarial drug to America and some other countries on humanitarian grounds to help them combat the coronavirus pandemic.

More than 1.7 million people have tested positive and 108,867 people have died from the novel coronavirus globally. The US has emerged as the global hotspot with 20,580 deaths and nearly 530,000 cases, according to Johns Hopkins University data. America has replaced Italy as the country with the highest number of COVID-19 deaths at 20,597, the data shows.

Earlier this week, India at the request of President Donald Trump cleared the export of 35.82 lakh tablets of hydroxychloroquine to the US along with nine metric tons of active pharmaceutical ingredient or API required in the manufacturing of the drug.

"Supporting our partners in the fight against COVID-19. Consignment of hydroxychloroquine from India arrived at Newark airport today (Saturday)," India's Ambassador to the US Taranjit Singh Sandhu tweeted. Hydroxychloroquine has been identified by the US Food and Drug Administration as a possible treatment for the COVID-19 and it is being tested on more than 1,500 coronavirus patients in New York.

Anticipating that it will work, given the initial positive results, Trump has bought more than 29 million doses of hydroxychloroquine for potential treatment of COVID-19 patients. The arrival of consignment was welcomed by Americans.

"US will never forget this great humanitarian gesture by India. Under President Trump and Prime Minister Narendra Modi, the two largest democracies of the world have come together than ever in the past,' said New York-based Al Mason, a real estate consultant and a Trump supporter. "A wonderful gesture by India to its friends in need," tweeted Dr Sampat Shivangi.

*20,597*
N. of deaths in the US

*1,10,005*
No. of deaths worldwide

**Death toll in Europe passes 75,000**

Over 75,000 people have died from the Coronavirus in Europe, with 80 per cent of the fatalities occurring in Italy, Spain, France and Britain, according to an AFP tally. With a total of 75,011 deaths from 909,673 infections, Europe is the hardest-hit continent in the COVID-19 pandemic, which has killed more than 1,10,000 people worldwide.

**Stay put: Indian students in US told**

India's Ambassador to the US Taranjit Singh Sandhu has advised the Indian students, stranded in America due to the sudden closure of universities and the ongoing lockdown back home because of the coronavirus pandemic, to stay where they are and assured them help in this crisis situation. Sandhu addressed the concerns of over 500 Indian students who attended the Instagram Live session hosted by the Indian Embassy on Saturday. There are an estimated 250,000 Indian students in the US, a significantly large numbers of whom are stranded due to the sudden closer of the universities and asked to vacate their hostels and follow stay-at-home order issued by the authorities. The Indian government imposed a 21-day nationwide lockdown from March 24 to stem the tide of the fast-spreading disease and also suspended rail, road and air services during the period. "At this time the most advisable thing to do is stay where you are," Sandhu said.

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This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Reported by Mid-Day 23 hours ago.

Global infections hit 1.8m but slow in US, France, Italy: Virus update

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The northeastern Chinese city of Harbin is tightening rules to curb the spread of coronavirus by extending quarantine periods for certain visitors to 28 days. China reported 108 more cases April 12, mostly imported. Reported by Bangkok Post 21 hours ago.

UK's Johnson leaves hospital as millions mark Easter in lockdown

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UK's Johnson leaves hospital as millions mark Easter in lockdown LONDON: Virus-stricken British Prime Minister Boris Johnson thanked medics for saving his life after leaving hospital on Easter Sunday, as hundreds of millions of Christians observed the holiday under lockdown due to the coronavirus pandemic. More than half of humanity is confined at home as governments scramble to stop the COVID-19 pandemic, which has claimed more than 112,500 lives around the world. More than 1.8 million people have been infected but glimmers of hope were emerging that the worst may be behind - especially in Europe, where hard-hit Italy recorded its lowest death toll in three weeks and fatalities fell in France. Johnson, the highest-profile leader to contract the virus... Reported by WorldNews 21 hours ago.

COVID-19 pandemic: Coronavirus death toll in UK surpasses 10,000 mark

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In terms of infection, the US is followed by Spain (166,831 cases), Italy (156,363 cases), France (133,670 cases), Germany (127,854 cases) and the United Kingdom (85,208 cases). Reported by DNA 19 hours ago.

Founders are turning to GoFundMe to stay afloat as venture capitalists back out of funding rounds

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Founders are turning to GoFundMe to stay afloat as venture capitalists back out of funding rounds· Founders all over the world are increasingly turning to crowdfunding platforms like GoFundMe to keep their startups alive. 
· Widespread quarantines and business closures aimed at curbing the pandemic's spread have tanked smaller startups' revenues. 
· GoFundMe has launched a specially-designed hub where users can find local businesses to donate to. 
· *Click here for more BI Prime stories.*

Founders around the world are turning to crowdfunding platform GoFundMe to keep their startups from going under due to COVID-19. 

Across the globe, widespread quarantines and business closures aimed at curbing the pandemic's spread have left firms with a fraction of their projected revenues.

GoFundMe has responded to the crisis facing entrepreneurs, creating a hub where users can find local businesses to donate to. 

Flair Football, a mobile app helping young soccer players track their performance and compete against friends, has so far raised close to $22,000 to keep the company alive. 

The firm doesn't qualify for the UK government's current loan scheme designed to help businesses deal with coronavirus, so instead encouraged its 75,000 followers to contribute via GoFundMe. 

"We were mid-fundraise when the crisis hit," the firm wrote on its campaign page, adding that it was now hard to close traditional funding rounds. "As our service is currently free, we are running out of cash to cover our costs, and there's now a real chance we won't survive." 

Meanwhile in Vancouver, FrogPlum – a digital marketing and app development startup – is trying to raise $50,000 in an attempt to avoid bankruptcy. 

Cofounder and CEO Ivan Krstovic said the firm had been forced to fire employees and had been threatened with eviction from its office space in Vancouver. 

"With the COVID-19 crisis, we lost all our revenue," he wrote. "We had to lay off employees and ask others to take unpaid leave until we can stand on our feet again.

"Sadly, day by day, it is only getting worse." 

In Italy, described as the European epicenter of the virus, the tourism trade been hit especially badly. 

Valeria Vitrano, founder of travel and experience startup CityXcape, said the firm was going through "tough times" due to the pandemic. 

Since launching its own campaign three weeks ago, CityXcape has so far raised only €785 of its €20,000 target. 

"Nobody is visiting Sicily anymore," Vitrano said. "Every single donation helps and could really make a difference, helping us keep this project going and stopping people from losing their jobs." 

Speaking to Business Insider, GoFundMe's international director John Coventry said the platform had seen two broad trends over the past few weeks. 

"The first is people coming together to support local businesses, ensuring that – when we are through the worst of this pandemic – those essential local enterprises are able to thrive again. 

"The second is the extraordinary adaptability of entrepreneurs, adjusting their companies to provide goods or services that can help in this time of crisis." 

You can find your local businesses in need of support on GoFundMe here. 

Join the conversation about this story »

NOW WATCH: Jeff Bezos reportedly just spent $165 million on a Beverly Hills estate — here are all the ways the world's richest man makes and spends his money Reported by Business Insider 15 hours ago.

Italy hopes to test players in May to prepare for season restart

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The Italian Football Federation hopes players can be tested for coronavirus at the start of May to prepare for the season to restart. Reported by BBC News 15 hours ago.

Cardinal Tagle urges leaders to ensure healthcare for all in coronavirus crisis

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Rome, Italy, Apr 13, 2020 / 05:00 am (CNA).- In his Easter message, the president of Caritas Internationalis called on governments to ensure access to healthcare and social protections for all amid the coronavirus pandemic.

Cardinal Luis Antonio Tagle, prefect of the Vatican Congregation for the Evangelization of Peoples, said it was time for world leaders to “rise to the challenge” to promote unity and shared responsibility.

“The pandemic is making the suffering of vulnerable people -- migrants and refugees, the elderly, the sick, the poor and unemployed -- even deeper. We urge our governments to ensure access to healthcare and social protection for everyone – particularly the most vulnerable,” Tagle wrote in an Easter message published on the Caritas Internationalis website.

“Can our governments admit that many of them got it wrong when they didn’t allow everyone to belong to the human family in a dignified way? Can our societies put aside economic concerns and show that they care for everyone without exception?” the cardinal asked.

Tagle said he saw signs of hope in changes that had occurred as a result of the pandemic, temporarily resolving certain global problems that previously had seemed insoluble.

“Changes that would have been unthinkable three months ago are actually happening: air quality has improved in a number of countries and warring parties in some others have called ceasefires,” he said.

“In the midst of loss, uncertainty and suffering, something incredible is happening: we are noticing the bonds which form our human family. Bonds that we previously took for granted or ignored.”

He continued: “As we live in isolation and we all become marginalized and vulnerable, the global suffering we are seeing has made it startlingly apparent to us that we need other people and other people need us too.”

“It is as though the stone that covers the tomb is slowly being rolled back to allow a light of recognition. This light heralds Easter and the Risen Christ.”

Tagle thanked the Caritas staff and volunteers who are taking care of those affected by the coronavirus in a coordinated global effort to aid the sick and the vulnerable.

Caritas Internationalis is the umbrella organization that coordinates and gathers 165 local Catholic charities all over the world. The Caritas network is overseen by the Vatican’s dicastery for Integral Human Development, which must act in coordination with the Secretariat of State.

“Death does not have the final say when you make space for hope,” Tagle said.

Aloysius John, the general secretary of Caritas Internationalis, met privately with Pope Francis April 4 to discuss the organization’s “strategy of charity” to provide assistance to people during the coronavirus emergency.

“Our main concern today is to prepare the poorer countries in Africa, Asia, Latin America, and the Middle East, to confront such a massive emergency due to a sudden outbreak of the pandemic,” John said.

The local Caritas in Rwanda used the diocesan radio to spread awareness before the first case of COVID-19 was documented in the country. Caritas Jerusalem has distributed food and supplies to Gaza and the West Bank. And in Venezuela the local Caritas has organized soup kitchens to feed the poor, the secretary general reported.

“The people on the move, the migrants, the asylum seekers and the displaced are also in highly unsafe conditions and are already affected by the loss of means of livelihood, precarious living conditions and also lack of basic needs. Caritas has a special concern for those living in the refugee and IDP camps, who are displaced,” he said.

Among the initiatives that Caritas has launched is a virtual platform to exchange scientific data on the pandemic. The platform is for internal use only, but the information shared on it is intended for broad sharing and consultation.

Cardinal Tagle said that there is an opportunity to slow down and “reflect deeply on what ‘Body of Christ’ means for each of us” as people celebrate Easter without the possibility of receiving Communion. 

“In the darkness of this crisis, the light of Christ will shine. Jesus is truly risen! He will not die again. May Jesus rise for people around the world through our love!” he said.

“‘Caritas christi urget nos’ – the love of Christ urges us on (2 Corinthians 5:14). This love, seen in small and large gestures of hope and solidarity, is calling us to a new future and a new way of living. COVID-19 knows no borders but neither do faith, hope and love,” Tagle said. Reported by CNA 14 hours ago.

US COVID-19 Death Toll Crosses 22000

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On Monday, a day after the United States overtook Italy as the country with the highest number of coronavirus deaths, U.S. death toll crossed 22000. A total of 22,115 people died and 560,433 others were tested positive for COVID-19. In New York, the most badly hit state, deaths remain high but with a fall in hospital admission rate being reported, Governor Andrew Cuomo said Reported by RTTNews 14 hours ago.

Lockdown diaries: Lessons from Yemen to Italy

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A Yemeni shares his life experiences with Italians via his YouTube channel to help them get through the pandemic. Reported by Al Jazeera 13 hours ago.

Pope Francis commends women caring for others under coronavirus lockdown

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Vatican City, Apr 13, 2020 / 06:30 am (CNA).- Pope Francis has urged Catholics to pray for women who are currently caring for children, aiding the elderly, or working in healthcare or law enforcement amid the coronavirus pandemic.

In an address livestreamed from the library of the Apostolic Palace April 13, he noted that women were the first to tell the disciples that Jesus had risen from the dead. 

“Today I would like to recall with you what many women do, even during this health crisis, to take care of others: women doctors, nurses, law enforcement officers and prison officers, employees of shops for basic necessities... and many mothers and sisters who find themselves locked in their homes with the whole family, with children, the elderly, the disabled,” he said.

Speaking immediately after he had recited the traditional Easter prayer, the Regina Coeli, he noted that the lockdown might place some women at greater risk of domestic violence.

“Sometimes they are at risk of being subjected to violence, due to a living situation in which they bear a burden that is far too heavy,” he said. “Let us pray for them, that the Lord may give them strength and that our communities may support them together with their families.”

In remarks before the Regina Coeli, the pope recalled that today is known in Italy as Lunedì dell’Angelo (Monday of the Angel, also known as Pasquetta), when “the joyful proclamation of Christ's Resurrection resounds”.

Standing beneath Pietro Perugino’s painting of the Resurrection, he said: “If Christ is risen, it is possible to look with confidence at every event of our existence, even the most difficult ones, full of anguish and uncertainty. This is the Paschal message that we are called to proclaim, with words and above all with the witness of life.” 

“May this joyful news resound in our homes and in our hearts: ‘Christ, my hope, is risen!’ (Easter Sequence). This certainty strengthens the faith of every baptized person and encourages especially those who are facing greater suffering and difficulties.” 

“May the Virgin Mary, silent witness of the death and resurrection of her Son Jesus, help us to believe strongly in this mystery of salvation which, welcomed with faith, can change our lives.”

After his address, the pope went to the window of the Apostolic Palace, where he would normally deliver his Regina Coeli address. He looked out over a nearly empty St. Peter’s Square and delivered his blessing.

At the end of the Regina Coeli, Pope Francis noted that some countries are seeing large numbers of infections and deaths as a result of the coronavirus, including Italy, the United States, Spain and France. 

“I pray for them all. And don't forget that the pope prays for you, he is close to you,” he concluded. Reported by CNA 12 hours ago.

Serie A players to be tested for coronavirus in May as Italian Football Federation aims to finish 2019/20 season

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The Italian Football Federation aim to begin testing all players in Serie A for coronavirus in May before restarting the season. Serie A football was suspended indefinitely on March 9 as a result of the COVID-19 outbreak, which has resulted in the deaths of more than 19,000 people across Italy. The entire country has been […] Reported by talkSPORT 12 hours ago.

‘Never give up’: volunteers raise hospital, and spirits, in Italy's virus-wracked Bergamo

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Whenever Italy is struck by calamity, Bergamo’s volunteers are among the first to rush to the rescue. Now that disaster has struck at home, the city worst hit by the coronavirus pandemic is finding strength in its trademark comradeship and resilience. Reported by France 24 12 hours ago.

Google Classroom took Italy’s school system online after ‘several sleepless days’

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Many things are changing as COVID-19 affects people all over the globe and that includes education. Schools were among the first places to shut down in areas such as the United States and, as a result, Google Classroom has exploded in popularity around the world amidst the coronavirus pandemic.

more…

The post Google Classroom took Italy’s school system online after ‘several sleepless days’ appeared first on 9to5Google. Reported by 9to5Google 11 hours ago.

Keralites from Italy back home

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They completed four-week quarantine in Delhi Reported by Hindu 11 hours ago.

Moscow turns into Wuhan

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The coronavirus infection in Russia continues spreading at a dangerous pace. There is no more optimistic scenario for the development of the crisis: the number of positive cases and deaths will continue to grow, while quarantine and restrictive measures will have to be extended. In the USA, the pandemic progressed from 1,000 to 10,000 positive cases within 6 days; in Germany, Italy and Spain - eight days, in Austria - 15 days, and in Russia - 12 days. Five countries have already passed the mark of 100,000 patients within 15 or18 days. Irresponsibility of citizens, especially young people who mistakenly believe that they are out of risk, makes preventive measures for the spread of the infection a lot less effective. The virus can affect anyone regardless of age. Moreover, nothing is known about the consequences that Covid-19 may cause for the human body. It may decrease physical stamina and change psychological peculiarities. Tatyana Golikova, the Vice Prime Minister of the Russian Federation, believes that Russia is not going to be able to lift restrictions by May holidays. "We do want to get out of this crisis on the eve of such a great holiday as Victory Day, but we definitely won't be able to extricate from the crisis," she said. Reported by PRAVDA 10 hours ago.

Qatar medical aid shipment delivered to Italy

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(MENAFN - The Peninsula) Doha: On the directives of the Amir HH Sheikh Tamim bin Hamad Al-Thani to send medical aid to the friendly Italian Republi... Reported by MENAFN.com 10 hours ago.

WATCH: Metro State uses 3D printing lab to produce personal protective equipment for health care workers

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Ted Shin, the chair of the Department of Industrial Design at Metropolitan State University of Denver, could see coronavirus coming, first in China, then in Italy. Reported by Denver Post 9 hours ago.

Ex-Italy striker Vialli given pancreatic cancer all-clear

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Former Chelsea striker and manager Gianluca Vialli is given the all-clear from pancreatic cancer. Reported by BBC News 9 hours ago.
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