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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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BREAKING: Shots ring out at Trump rally

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Donald Trump was whisked off the stage at a rally in Butler, Pennsylvania after loud noises rang through the crowd.

Trump was showing off a chart of border crossing numbers when bangs started ringing through the crowd. Trump could be seen reaching with his right hand toward his neck. There appeared to be blood on his face.

He quickly ducked behind the riser as agents from his protective detail rushed the stage and screams rang out from the crowd. The bangs continued as agents tended to him on stage.

His motorcade has left the venue.

In a statement, Trump says he is “fine” and says he is being checked at a medical facility.

Donald Trump was safe, the U.S. Secret Service and his campaign said on Saturday after multiple shots rang out at a rally by the Republican presidential candidate in Pennsylvania as video showed Trump grimacing and raising a hand to his right ear.
The former president had just started his speech when gunshots erupted and Trump and other rally attendees hit the deck. Secret Service agents swarmed around him and live video showed blood on the right side of Trump’s face and ear.
 
Trump repeatedly raised his fist in the air, with an American flag visible behind him, as security ushered him away.
“The Secret Service has implemented protective measures and the former president is safe,” a spokesperson for the agency said on X after what it called an incident.
“This is now an active Secret Service investigation and further information will be released when available.”

A map of the site, showing where the alleged gunman was situated compared to Donald Trump.

CNN reported that Trump was injured, but gave no other details. It was not clear how or what injuries he may have sustained.

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NASA astronauts phone home, confident Boeing’s Starliner will return to Earth safely

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Stranded NASA astronauts express confidence in Boeing’s Starliner spacecraft, assuring its capability to safely transport them back to Earth from the International Space Station.

The astronauts, over a video call to NASA, highlighted Starliner’s enhanced safety features and testing protocols as reassuring factors for their safe return.

“I have a real good feeling in my heart that this spacecraft will bring us home, no problem…”, said Sunita “Suni” Williams, one of the stranded NASA astronauts.

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Franchising vs. Independent: key differences to choosing the right SMB model

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With latest Australian Federal budget, many SMB’s are weighing their options when selecting a suitable business model.

Franchising provides brand recognition, operational support, and economies of scale but involves ongoing fees.

Independent businesses offer full control and profit retention but face higher costs and regulatory challenges.

For risk and reward, the franchising model reduces risk through established practices and support but involves ongoing fees and profit-sharing with the franchisor.

On the alternative, independent businesses retain full control of profits but face higher risks and responsibilities in managing the business.

Sonia Shwabsky, CEO at Kwik Kopy Australia, joins to share her key insights on SMB’s. #featured

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