Across Africa, home to some of the world’s fastest-growing cities with badly strained infrastructure, authorities worry that the virus could swiftly spread through slums and impoverished townships. Tear gas and gunfire have been used in a couple of cities in a rough bid to enforce social distancing. So far the continent of more than 1.3 billion people has nearly 3,500 cases, but with the global shortage of testing kits the actual number could be higher and health experts have warned that the rising rate looks like that of Europe. … [Read more...] about From Mumbai to Gaza: How do you socially distance in a crowd?
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The details: The Small Business Administration has a dedicated page where you can learn about loan eligibility and forgiveness details. Find it here. Where to apply? Find the borrower application form here or here. Where to find a lender? The SBA has a searchable tool for that here. What if I’m a lender? The final rule will be posted in the Federal Register. You can find an interim version of it here. Are banks ready? Here’s how some of the major financial institutions are responding to questions about the Paycheck Protection Program: … [Read more...] about Paycheck Protection Program: What small businesses need to know as SBA loan applications go live
Some businesses are adopting that approach. On a recent conference call organized by the Main Street Alliance, a national network of small business owners, entrepreneurs shared their concerns about rising debt loads, expressed appreciation for local efforts to support them through gift card purchases, and said they hoped federal low-interest loans would roll out in the coming weeks. One of the participants was Aaron Seyedian, the founder of Well-Paid Maids, a living-wage cleaning company that is paying out a $500 emergency bonus to each furloughed staff member to help cover needs in the short-term and paying for 100% of their health insurance premiums while they are closed. “I absolutely think a shared-sacrifice, community-minded approach to weathering this storm is essential,” he told me later. … [Read more...] about To save capitalism from the COVID-19 crisis, we need to act more like socialists
To ensure the soundness of the Indian stock market in the wake of coronavirus outbreak, the National Stock Exchange of India (NSE) on March 21 temporarily allowed dealers and employees of brokers to log into trading systems from remote locations to carry out day-to-day activities. … [Read more...] about Coronavirus pandemic | In a first, NSE allows stock brokers to work from home
Hubei is a central China air traffic hub. All air traffic control units in the central and southern regions have cooperated to fully ensure the safe and orderly resumption of Hubei civil aviation, the CAAC said.Time to show-off your poker skills and win Rs.25 lakhs with no investment. Register Now! … [Read more...] about Coronavirus impact: China’s coronavirus hit Hubei province begins domestic flights