News

Economics vs. Virus: Why India won’t enter a lockdown

Published

5 years ago

May 3, 2021

Authorities in India are hesitant to declare a national lockdown despite COVID-19 cases rising, with hundreds of thousands of new cases per day.

Leading industry bodies have urged the government to curb economic activity to save lives.

The billionaire president of the Confederation of Indian Industry says a ‘maximal response measure at the highest level is called to cut the transmission links.’

The surge in cases has overwhelmed India’s healthcare system.

However, building healthcare infrastructure will take time: something the nation doesn’t have.

The Indian government is concerned that a nationwide lockdown will have a devastating impact on the economy. Indian Health Officials say they’re concerned a lockdown will lead to job losses, particularly impact migrant labor.

India has also recorded over 3700 deaths in the past 24-hours.

US Infectious disease expert Dr Anthony Fauci recommended a lockdown for India.

“Lock down so that you wind up having less spread. No one likes to lock down the country. … But if you do it just for a few weeks, you could have a significant impact.”
U.S. infectious disease expert Anthony Fauci

“This virus has shown us that if left to its own devices, it will explode in society,” Fauci said in an interview with Indian Express newspaper. “If you don’t respect its ability to cause serious damage, you are going to get into trouble.”

News

Global stocks wobble as Davos kicks off and Trump reshapes geopolitics

Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.

Published

19 hours ago

January 23, 2026

Harvey Vargas

Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.

Global stock markets endured a volatile week as world leaders gathered in Switzerland for the World Economic Forum, with investors closely watching signals on inflation, interest rates and geopolitical risk.

The Davos meetings set a cautious tone, as uncertainty weighed on market sentiment across regions.

Adding to the tension, Donald Trump announced a deal involving Greenland, reigniting debate over strategic assets and global influence. The unexpected move injected fresh geopolitical risk into markets already grappling with an unsettled global outlook.

Kyle Rodda from Capital.com, breaks down how markets are reacting, what the Greenland announcement could mean for investors, and what to watch next as Davos concludes.

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Zelenskyy reveals planned UAE talks with Russia and the United States

Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.

Published

24 hours ago

January 23, 2026

Ahron Young

Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.

Volodymyr Zelenskyy says trilateral talks with Russia and the United States are planned in the United Arab Emirates as efforts to end the war intensify.

He also criticised European leaders at the World Economic Forum, calling for stronger political will.