Tag: Pandemic

Covid-19 pandemic: Mumbai sees 8,063 fresh cases and no death

Covid-19 pandemic cut life expectancy by most since World War II

By Administrator_ India Capital Sands The Covid-19 pandemic reduced life expectancy in 2020 by the largest amount since World War II, according to a study published on Monday by Oxford Univer­sity, with the life expectancy of American men dropping by more than two years. Life expectancy fell by more than six months compared with 2019 in 22 of the 29 countries analyzed in the study, […]

Fed to shutter pandemic support asset purchases by end-2022

By Administrator_ India Capital Sands The Federal Reserve will shutter its asset purchases program by the end-2022, according to a Reuters poll, with a few more economists now predicting a rate hike as early as next year, but they pegged new COVID-19 variants as the biggest economic risk. However, Fed chair Jerome Powell said on Wednesday withdrawing monetary policy support […]

Saudi Arabia plans spending cuts in 2021 as economy recovers: Report

Saudi Arabia plans spending cuts in 2021 as economy recovers

By Administration_ India Capital Sands Saudi Arabia said its spending plans for next year would be expansionary, as it leans more heavily on government-controlled funds to make up for cuts to a finance ministry budget battered by a decline in oil prices and the coronavirus pandemic. The kingdom will stick to its plan to cut spending by 7.3 per cent in […]