Corona Virus Current Affairs - 2020

Iran seeks Financial Help from IMF first time since 1962 to fight against Corona Virus

For the first time since 1962, Iran is seeking the help of International Monetary Fund. Since Islamic Revolution Iran stopped getting help from IMF. IMF and Corona Virus Earlier, this month, IMF allocated emergency funds to middle income countries. The international banking institution, allocated 50 billion USD to fund middle-income and poor countries. Also, it Read More…

Spanish Flu: Predecessor Pandemic to Corona Virus

In 1918, the Spanish Flu caused global pandemic. It spread indiscriminately killing more than 50 million people. 10% of the patients infected with the virus died. It is considered as the deadliest pandemic in the world history. Highlights Though the disease was named Spanish Flu, it did not originate in Spain. It was Spain who Read More…

Corona Virus: Epidemic Disease Act Invoked in India

On March 11, 2020, the Group of Ministers formed by the Union Government to fight against Covid-19 in India invoked the Epidemic Disease Act, 1897. Highlights The GoI has invoked Section 2 of the Epidemic Disease Act, 1897. The act has been invoked as the number of infected persons in the country reached 73. The Read More…

WHO declares Corona Virus as GLOBAL PANDEMIC

On March 11, 2020, the World Health Organization declared Corona Virus as Global Pandemic as it is rapidly spreading across the world. Today there are more than 126,369 people infected with COVID-19 virus. The virus has so far killed 4,634 people. What is Pandemic? The United States Centre for Disease Control and Prevention defines pandemic Read More…

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UNCTAD: FDI inflows are to drop by 15% due to Corona Virus

The United Nations Conference on Trade, Investment and Development has warned that the Foreign Direct Investment flows all over the world will reduce by 15% due to Corona Virus. According to the organization, the outbreak could cost 2 trillion USD to the global economy. Highlights The United Nations earlier pointed out that the growth of Read More…