* British Prime Minister Boris Johnson said he was remaining in isolation with mild symptoms, seven days after he was confirmed to be infected. Britain's health minister said the curve of deaths could peak on Easter Sunday. Queen Elizabeth will make an extremely rare address to the nation on Sunday. … [Read more...] about Coronavirus pandemic | Latest on the spread of COVID-19 around the world
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With the sale, Tabreed assumes majority ownership of a system of chilled water cooling plants that cool the Burj Khalifa, Dubai Opera and Dubai Mall during summer months that sea temperatures rise above 45 degrees Celsius (113 degrees Fahrenheit). … [Read more...] about Dubai’s Emaar sells 80% stake in cooling system for $675M
In the wake of the outbreak, the UNHCR has pledged $33 million to improve conditions at refugee camps and settlements, expanding primary and secondary health services, establishing surveillance networks, and countering the infiltration of misinformation among refugee communities. Considering the intensity of the pandemic, these efforts are droplets in the ocean. Around 80 percent of the world’s refugees reside in economically weak countries, which reports lower rates of immunisation and higher rates of malnutrition than their higher-income counterparts. These deteriorating health facilities further weaken people’s immune systems, proffering them susceptible to emerging health hazards like the coronavirus. … [Read more...] about COVID-19 | Countermeasures adopted by nations must factor in the vulnerabilities of refugees as well
1. If Sensex cuts 40% decline levels (~26,000) – Convert STP to lump sum and immediately deploy adequate amount to ensure that 50% of the earmarked money is invested in equities2. If Sensex cuts 45% decline levels (~24,000) – Convert STP to lump sum and immediately deploy adequate amount to ensure that 75% of the earmarked money is invested in equities3. If Sensex cuts 50% decline levels (~22,000) – Deploy remaining amount entirely into equities – so that 100% of the earmarked money is now invested in equities … [Read more...] about Equity investment – should we invest all at once or in a staggered manner?
Considering the overall scenario it's quite evident that bullish bias needs to be maintained for the near term. As the revival of uptrend is expected up to the level of 78, traders can initiate “married put” with some modification. Long positions can be taken in the future and to hedge the trade put option of 75.50 strike price can be sold. Being a truncated week, it would be prudent to take advantage of theta decay and call option of 78 strike price can also be sold in the ratio of 1:2 … [Read more...] about USD/rupee may go up further towards 78; here’s how you can trade this week