Tag Archives: coronavirus

The governments and central banks world over readied more emergency measures to tackle the economic impact after spreading coronavirus on Friday, helping financial markets pare some of their steep losses, while more major events were canceled or postponed. US president even declared national emergency and set $50 billion fund to tackle the contagious disease. Till date (Friday March 14) about 138,000 people are affected worldwide and over 5,000 died, according to available …

Federal Reserve of United States has cut rate in an emergency that has created opportunity for other central banks around the globe to cut rate, especially for those who held off so far out due to domestic and external concerns. It is expected that State Bank of Pakistan (SBP) will also follow the suite. However, many analysts expect the SBP to and opt for status quo in the upcoming monetary policy announcement. There are …

Uncertainty is worse than bad news. Some airlines in many countries have asked their employees to go on unpaid leave. There is a likelihood that the employees may be sent on forced leave without pay to cope with the unprecedented disaster globally. The coronavirus has infected over 135,000 people across the world and more than 4,900 people are believed to have died of the virus. In addition to Wuhan in China the …

The coronavirus has presently affected more than 100,000 persons worldwide. This fast widespread of the virus impacts several business sectors including that of insurance. The pandemic won’t be affecting life insurance in 2020 and as per Moody’s agency estimates, the impact of the pandemic on global reinsurers will be limited, i.e. the consequences will only be significant only at very high levels of gravity. For property and casualty insurance, the …

More awareness, taking digital form and conducive environment are key to success Interview with Muhammad Nasir Ali Syed – CEO, Pak-Qatar General Takaful Limited PAGE: Tell me something about yourself and your organization, please? Muhammad Nasir Ali Syed: There is no bigger satisfaction in the world than to help fellow human beings and get their honest blessings in return. My colleagues call me that I am more so a teacher and …

Members of Organization of Petroleum Exporting Countries (OPEC) are scheduled to meet in Vienna in first week of March 2020. Top of the agenda item is to decide production quotas in the aftermath of coronavirus spread. To arrive at further production cut will not be easy because of United States emerging as one of the largest oil producing country as well as exporting substantial quantity. Even the bigger concern is …

Many social media firms mainly Facebook are taking good vigilance about removing coronavirus conspiracies as per studies of different sources. Facebook has continuously updating the users on the strategy to rightly know the outbreak and corresponding of misinformation spreading in the world. Mark Elliot Zuckerberg co-founder of Facebook, reiterated in a Facebook post that the platform was removing conspiracy theories connected to the coronavirus that have been flagged through worldwide …