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

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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.”

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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