Economy
Economic damage for India from lockdown to be significant, says Moody's
Indian economy already was growing at its slowest pace in six years and with the stimulus measures falling short of expectations
135 million Indians may lose job due to coronavirus impact
The worst impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita income
Brazil and Mexico report record surge in coronavirus cases
Leaders of both countries receive criticism for intensified attempts to reopen their economies
New Zealand plans spending spree to counter virus job losses
New Zealand finance minister unveils new budget on the same day the nation lifted most of its lockdown restrictions
US to temporarily ban immigrant visas including H-1B
Nearly 500,000 migrant workers are employed in the US in the H-1B status
UK shadows Italy as worst hit in Europe
United Kingdom’s COVID-19 death toll rose by 621 on Saturday to a total of 28,131 as of May 1
Businesses reopen in a few US states
Enterpraises are asked to make sure the coronavirus doesn’t come storming back by employing their own restrictions within premises
Telangana makes a departure on lockdown strategy
The state would do well to ease its lockdown restrictions in two phases
Japan passes $240 billion virus package including cash handouts
Prime minister Shinzo Abe was forced into a U-turn on cash handouts, reversing an initial plan to offer means-tested assistance to families
Latest coronavirus updates from around the world
More than 2.97 million people have been reported to be infected and 205,948 have died, according to a Reuters tally, as of on Monday