COVID-19: German GDP forecast
FRANKFURT: The German government on Wednesday lowered its economic growth forecast for 2022 as a surge in COVID-19 cases holds back Europe's industrial powerhouse. The country's gross domestic product is…
FRANKFURT: The German government on Wednesday lowered its economic growth forecast for 2022 as a surge in COVID-19 cases holds back Europe's industrial powerhouse. The country's gross domestic product is…
WASHINGTON: The Omicron variant of Covid-19 is creating an obstacle course for the global economy, which will slow growth this year, notably in the world's two largest economies, the IMF said…
ISLAMABAD: The National Command and Operation Center (NCOC) on Wednesday issued guidelines for various sectors to tackle the rising trend of new coronavirus variant of Omicron. The NCOC session, chaired…
PARIS: Global demand for oil is expected to remain "robust" in 2022 and overcome short-term disruption caused by the Omicron coronavirus variant, the Organization of Petroleum Exporting Countries (OPEC) said…
GENEVA: The Omicron variant of Covid-19 is dangerous -- and especially so for those who have not been vaccinated against the disease, the World Health Organization said Wednesday. The WHO said…
WASHINGTON: Global growth will "decelerate markedly" this year, but the Omicron variant of Covid-19 that is spreading rapidly worldwide could make the situation worse and exacerbate labor shortages and supply chain…
UNITED NATIONS: As the Omicron variant of COVID-19 continues to surge across the world, the UN health agency has said that it was crucial that more is done to help…
PARIS: France began debating draft legislation that would require most people to be vaccinated against Covid-19 to enter public spaces such as bars, restaurants and long-distance public transport. Dubbed the…
NEW YORK: Over 4,500 flights were cancelled around the world by Saturday and thousands more were delayed as the highly infectious Omicron variant disrupted holiday travel, according to tracking website…
WASHINGTON: President Joe Biden on Tuesday (21st of December, 2021) told Americans worried about the rapidly spreading Omicron coronavirus variant that the country was "prepared" to fight it, as Israel…
NEW YORK: Global equity and oil markets slumped Monday on investor panic over the impact of worldwide measures to contain the fast-spreading Omicron coronavirus variant, dealers said. Asia tanked due…
NEW YORK: European and US stock markets dropped Thursday as traders tracked developments surrounding the Omicron coronavirus variant and fallout from the Chinese property crisis. The Dow ended flat but…
JOHANNESBURG: The laboratory in South Africa, that discovered Omicron Variant, has implemented strict rules limiting the number of visitors to avoid any accidental infection. Here, technicians at whirring machines analyse…
HONG KONG: Asian stocks made broad gains in Thursday trade, following another strong lead from Wall Street as Omicron coronavirus variant fears lessened. In Hong Kong, the Hang Seng Index was…
KARACHI: Minister for Health and Population Welfare, Sindh, Dr. Azra Pechuho has informed about a suspected case of Omicron that was detected here on 8th of December, 2021. https://twitter.com/SindhHealthDpt/status/1468826246343766016?cxt=HHwWgMC5oYvsqOIoAAAA According…
NEW YORK: Global stocks finished a volatile week on a downcast note Friday, sunk by festering worries over the Omicron variant and disappointment at the most recent US job growth figures.…
WASHINGTON: First cases of local Omicron infections were reported Thursday and Friday in the United States and Australia, increasing concerns over the new coronavirus variant, which is already spreading fast…
LONDON: Major oil producers decided Thursday to raise output levels in January, despite the Omicron coronavirus variant raising fresh questions over demand. The OPEC+ alliance led by Saudi Arabia and…
TOKYO: Japan suspended all new flight bookings into the country from Wednesday in response to Omicron, ignoring a World Health Organization warning against blanket travel bans as the new coronavirus…
SYDNEY: Australia on Monday halted a plan to relax border restrictions imposed last year to fight the Covid pandemic, as a Omicron is sweeping the world prompted the WHO to…
JOHANNESBURG: S. Africa on Monday said it was "regrettable... (and) sad" that fellow African nations had joined a rush by wealthy countries to impose travel bans over the Omicron. "It…
PARIS: Here are the latest developments in the Omicron crisis: - Omicron risk 'very high' - The World Health Organization warns that the Omicron variant poses a "very high" risk,…
WASHINGTON: Senior government scientist Anthony Fauci said Monday the United States was on "high alert" for the new Covid-19 variant Omicron and urged people to get vaccinated after Canada confirmed…
ROME: Italy on Saturday said it had detected its first case of the new Omicron strain of Covid-19 in a traveler from Mozambique. A top laboratory "sequenced the genome from…