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Tag: pandemic covid-19


Global Economic Growth Predicted To Minus 5 Percent, Worst In 80 Years

Chief Economist of PT Bank CIMB Niaga Tbk, Adrian Panggabean, predicted that the global economy will contract by minus 5 percent in 2020. Adrian even said that this contraction was the worst in the last 80 years. In 2021, the global economy will recover (rebound) partially in the range of 3 percent-4 percent. "The projection range of global economic growth is in the range of -5 percent to -4 percent in 2020, the worst in 80 years," said Adrian in his report, Wednesday (14/10/2020). Adrian said that the global economic recovery in 2021 is still marked by high uncertainty. Next year, it seems that there are still sharp business fluctuations. Recovery can be patchy across countries. Especially at this time, the Covid-19 virus still infects more than 140 countries in the world. Hopes for a s...

The Road to Global Economic Recovery After the Covid-19 Pandemic Ends

The impact of the Covid-19 pandemic on the global economy this year is not as bad as initially thought. International institutions are busy revising the global economic projections better, although they are still contracting. However, economic recovery to pre-pandemic levels has yet to go through a long climb and is prone to falls. In the October edition of the World Economic Outlook report released by the IMF on Tuesday (14/10). The projection for the global economy this year is negative 4.4%, better than June's prediction of minus 5.2%. However, it is estimated that the world economy will grow at a slower pace than the previous prediction, which grew by 5.4% to 5.2%. IMF Chief Economist Gita Gopinath explained that this year's economic projection is better than the initial prediction ...

DKI Returns Total PSBB, Epidemiologist: Covid-19 Pandemic Needs Preparation and Collaboration with JABODETABEK Areas

DKI Jakarta Governor Anies Baswedan decided to pull the emergency brake applying large-scale social restrictions (PSBB). Thus, the implementation of the transitional PSBB in Jakarta was also revoked and the PSBB was re-implemented on Monday, 14 September. This decision was made taking into account a number of factors such as the availability of almost full hospital beds and high mortality rates. "There are not many options for Jakarta except to pull the emergency brake as soon as possible," Aniaes said in a press conference broadcast on the DKI Jakarta Provincial Government's Youtube channel, Wednesday (9/9/2020). Buffer area preparation and collaboration In response to this decision, Indonesian epidemiologist at Australia's Griffith University Dicky Budiman said the potential for colla...

Australia Successfully Handles Corona, Lowest Covid-19 Cases Over 3 Weeks

Police and army officers patrol a popular running track in Melbourne, Tuesday (4/8/2020). The state of Victoria in Australia, in particular the capital city of Melbourne, announced a state of emergency for the COVID-19 disaster on Sunday (2/8) local time. (William WEST / AFP) Australian authorities reported that the number of new Corona COVID-19 infections at the epicenter of the country's outbreak had decreased on Thursday (13/8). This also raises hopes of a second wave of viruses under control. 278 new daily infections were recorded in Victoria State, which was down from 410 the day before and was the lowest daily increase in cases in more than three weeks. HomeGlobalInternationalAustralia Successfully Handles Corona, Lowest Covid-19 Cases Over 3 WeeksNatasha Khairunisa AmaniNa...

Super Rich People Willing to Change Nationality to Avoid Corona

Tourists sunbathe enjoying the hot sun during the Covid-19 pandemic at the Splendid Hotel Beach, Budva, Montenegro, yesterday WASHINGTON - The corona pandemic has limited travel activities. However, this is not the case with the super rich. They actually increase the activity of traveling across countries with the power of their money. This cannot be separated from the investment migration policy which is popular among people with deep pockets. The investment migration policy makes passport applications no longer based on citizenship, but wealth and the desire to always travel the world. With the name citizen by investment program (CIP), these rich people can change nationalities by pocketing a gold visa. In the last five to ten years, those who have joined the CIP program generally...