crisis

COVID-19 crisis: Nobel laureate Abhijit Banerjee for large fiscal stimulus, cash transfer to poor

Nobel laureate Abhijit Banerjee has recommended that India offer cash to the poorest 60% of its population and waive off loan repayments for small businesses in the June quarter, as he pitches for a large enough fiscal package to stimulate demand in the economy ravaged by the novel coronavirus crisis.




crisis

Lower power tariff can boost Make in India after corona crisis

"It is the time to review the policy of cross subsidisation of power as this plays a part in making our industries non-competitive,” former finance secretary Subhash Chandra Garg said at an online panel discussion on the power sector.




crisis

IT Industry in the USA has a mid-level talent crisis

Owing to the strict interpretations of rules which govern the H-1B work visa program Indian IT companies, as well as their customers, face a shortage of mid-level talent in the US.A major problemThere was a problem of talent at the entry-level in the…




crisis

Coronavirus crisis: 20 lakh migrant workers stranded in relief camps

The labour ministry has started mapping details of such workers from April 8. Along with basic details such as name, age, gender, occupation, residential address and native district/state, details of their bank accounts and Aadhhar cards are also being collected.




crisis

Coronavirus pandemic: IOC set for crisis talks as fears grow for Tokyo Olympics

The IOC's executive board will meet via conference call to prepare an "information exchange" ahead of a series of talks with athletes' representatives, National Olympic Committees (NOCs) and International Federations (IFs), planned for Tuesday and Wednesday.




crisis

Coronavirus outbreak: Nepal is home away from home for some stranded foreign tourists during COVID-19 crisis

The tourists are staying like a family and the guesthouse owner has waived their expanses for one week due to the lockdown imposed in response to contain the coronavirus, leaving many tourists stranded.




crisis

The scary rise in global debt since financial crisis of 2008

As we learned during the financial crisis, a country with high debt levels can get into trouble regardless of whether its debts are most heavily owed by the govt (Greece, Italy), households (Spain, US), or financial institutions (Ireland, Britain)




crisis

Banking system provides services seamlessly during COVID-19 crisis

Earlier, the Business Correspondent Federation of India (BCFI) had said that while the BCs were offering services of cash withdrawal, very few are depositing money in the wake of the current lockdown.




crisis

We’re in conserve, consolidate mode; crisis a great time to go digital: Mahabaleshwara MS, CEO, Karnataka Bank

Loan waiver schemes for agricultural loans introduced by some of the state governments may also help reduce stress to some extent.




crisis

NBFCs tapping NCD market to raise funds amid Covid crisis

The three year NCD issue of Indiabulls Housing Finance opened on April 29. Although, the base issue size was Rs 100 crore, but it had a greeshoe option of Rs 900 crore.




crisis

The crisis no one is talking about

What will happen when schools reopen?




crisis

Non-food credit growth slips to 6.67% y-o-y amid COVID-19 crisis

Meanwhile, deposit growth in the banking system rose to 9.83%, falling marginally compared to the previous fortnight.




crisis

Crisis not going away soon; IMF says, new incoming economic data worse than previous estimates

The International Monetary Fund said that the global economic outlook has worsened since its latest forecast three weeks ago and the world can expect more waves of financial-market turbulence.




crisis

Pandemic slams Asia's factories, activity hits financial crisis lows

Asia's factory activity was ravaged in April, business surveys showed Monday, and the outlook dimmed further as government restrictions on movement to contain the coronavirus outbreak froze global production and slashed demand.




crisis

Coronavirus is a crisis for the developing world, but here's why it needn't be a catastrophe | Esther Duflo & Abhijit Banerjee

A radical new form of universal basic income could revitalise damaged economies

  • Esther Duflo and Abhijit Banerjee won the 2019 Nobel prize in economics for their work on poverty alleviation
  • Coronavirus – latest updates
  • See all our coronavirus coverage
  • While countries in east Asia and Europe are gradually taking steps towards reopening their economies, many in the global south are wondering whether the worst of the pandemic is yet to come. As economists who work on poverty alleviation in developing countries, we are often asked what the effects of coronavirus will be in south Asia and Africa. The truth is, we don’t know. Without extensive testing to map the number of cases, it’s impossible to tell how far the virus has already spread. We don’t yet have enough information about how Covid-19 behaves under different conditions such as sunlight, heat and humidity. Developing countries’ more youthful populations may spare them the worst of the pandemic, but health systems in the global south are poorly equipped to deal with an outbreak, and poverty is linked to co-morbidities that put people at a higher risk of serious illness.

    Without the information widespread testing provides, many poorer countries have taken an extremely cautious approach. India imposed a total lockdown on 24 March, by which time the country had about 500 confirmed cases. Countries such as Rwanda, South Africa and Nigeria enforced lockdowns in late March, long before the virus was expected to peak. But these lockdown measures can’t last forever. Poorer countries could have used the quarantine to buy time, gather information about how the disease behaves and develop a testing and tracing strategy. Unfortunately, not much of this has happened. And, far from coming to their aid, rich countries have outrun poorer nations in the race for PPE, oxygen and ventilators.

    Continue reading...




    crisis

    DAC 2015: Jim Hogan Warns of “Looming Crisis” in Automotive Electronics

    EDA investor and former executive Jim Hogan is optimistic about automotive electronics, but he has some concerns as well. At the recent Design Automation Conference (DAC 2015), he delivered a speech titled “The Looming Quality, Reliability, and Safety Crisis in Automotive Electronics...Why is it and what can we do to avoid it?"

    Hogan gave the keynote speech for IP Talks!, a series of over 30 half-hour presentations located at the ChipEstimate.com booth. Presenters included ARM, Cadence, eSilicon, Kilopass, Sidense, SilabTech, Sonics, Synopsys, True Circuits, and TSMC. Held in an informal setting, the talks addressed the challenges faced by SoC design teams and showed how the latest developments in semiconductor IP can contribute to design success.

    Jim Hogan delivers keynote speech at DAC 2015 IP Talks!

    Hogan talked about several phases of automotive electronics. These include assisted driving to avoid collisions, controlled automation of isolated tasks such as parallel parking, and, finally, fully autonomous vehicles, which Hogan expects to see in 15 to 20 years. The top immediate priorities for automotive electronics designers, he said, will be government regulation, fuel economy, advanced safety, and infotainment.

    More Code than a Boeing 777

    According to Hogan, today’s automobiles use 50-100 microcontrollers per car, resulting in a worldwide automotive semiconductor market of around $40 billion. The global market for advanced automotive electronics is expected to reach $240 billion by 2020. Software is growing faster in the automotive market than it is in smartphones. Hogan quoted a Ford vice president who observed that there are more lines of code in a Ford Fusion car than a Boeing 777 airplane.

    One unique challenge for automotive electronics designers is long-term reliability. This is because a typical U.S. car stays on the road for 15 years, Hogan said. Americans are holding onto new vehicles for a record 71.4 months.

    Another challenge is regulatory compliance. Aeronautics is highly regulated from manufacturing to air traffic control, and the same will probably be true of automated cars. Hogan speculated that the Department of Transportation will be the regulatory authority for autonomous cars. Today, automotive electronics providers must comply with the ISO26262 automotive functional safety specification.

    So where do we go from here? “We’ve got to change our mindset,” Hogan said. “We’ve got to focus on safety and reliability and demand a different kind of engineering discipline.” You can watch Hogan’s entire presentation by clicking on the video icon below, or clicking here. You can also watch other IP Talks! videos from DAC 2015 here.

    https://youtu.be/qL4kAEu-PNw

     

    Richard Goering

    Related Blog Posts

    DAC 2015: See the Latest in Semiconductor IP at “IP Talks!”

    Automotive Functional Safety Drives New Chapter in IC Verification







    crisis

    Which FDI sectors could benefit from the coronavirus crisis?

    Wavteq's Henry Loewendahl discusses which sectors retain potential for foreign investment amid the current global crisis 




    crisis

    EU Seeks Faster Renewable Energy Integration Amid Crisis in Ukraine

    The European Union is seeking to speed up the creation of a common energy market to help its shift to a low-carbon economy and boost security of energy supplies amid a natural-gas dispute between Russia and Ukraine.




    crisis

    Testing Medical Device Security During COVID-19 Crisis

    As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.




    crisis

    Testing Medical Device Security During COVID-19 Crisis

    As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.




    crisis

    Improving Data Governance During the COVID-19 Crisis

    To ensure data is protected, business units must work closely with IT and security specialists to resolve data governance issues, says Sydney-based Prashant Haldankar, CISO at Privasec.




    crisis

    Testing Medical Device Security During COVID-19 Crisis

    As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.




    crisis

    Testing Medical Device Security During COVID-19 Crisis

    As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.




    crisis

    Improving Data Governance During the COVID-19 Crisis

    To ensure data is protected, business units must work closely with IT and security specialists to resolve data governance issues, says Sydney-based Prashant Haldankar, CISO at Privasec.




    crisis

    Testing Medical Device Security During COVID-19 Crisis

    As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.




    crisis

    Testing Medical Device Security During COVID-19 Crisis

    As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.




    crisis

    Testing Medical Device Security During COVID-19 Crisis

    As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.




    crisis

    Testing Medical Device Security During COVID-19 Crisis

    As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.




    crisis

    Testing Medical Device Security During COVID-19 Crisis

    As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.




    crisis

    Testing Medical Device Security During COVID-19 Crisis

    As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.




    crisis

    Testing Medical Device Security During COVID-19 Crisis

    As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.




    crisis

    Testing Medical Device Security During COVID-19 Crisis

    As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.




    crisis

    Testing Medical Device Security During COVID-19 Crisis

    As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.




    crisis

    How We’re Responding to the COVID-19 Crisis

    As people around the world gather online to address the global challenges posed by COVID-19, we want to share some of the steps we have taken so far to support the communities we serve, while keeping our critical internet infrastructure running smoothly. Protecting Our People In late January, Verisign established a task force to monitor […]

    The post How We’re Responding to the COVID-19 Crisis appeared first on Verisign Blog.




    crisis

    Verisign Will Waive Wholesale Restore Fee to Help Registrants Keep Their Domain Names During COVID-19 Crisis

    Last week, we announced a number of actions we are taking to support our people and community during the global COVID-19 crisis. Today, we’re pleased to provide more detail about one of those actions, which, with the help of registrars, will make it easier for domain name registrants worldwide to keep their domain names in […]

    The post Verisign Will Waive Wholesale Restore Fee to Help Registrants Keep Their Domain Names During COVID-19 Crisis appeared first on Verisign Blog.




    crisis

    Ukraine Crisis May Spur EU Clean Energy Policies, Neste Oil Says

    Europe’s concern about its reliance on Russian fossil fuels may spur governments to prioritize alternative energy, the head of Neste Oil Oyj said.




    crisis

    EU Seeks Faster Renewable Energy Integration Amid Crisis in Ukraine

    The European Union is seeking to speed up the creation of a common energy market to help its shift to a low-carbon economy and boost security of energy supplies amid a natural-gas dispute between Russia and Ukraine.




    crisis

    EWC President Morrison on the Crisis in Japan

    EWC President Morrison on the Crisis in Japan
    The East-West Center community expresses its sympathy and deep concern over the loss of life and on-going crisis in Japan resulting from the massive earthquake and tsunami. Our hearts go out to the family members of those who lost their lives and to the thousands who are still trying to locate family and friends, who lost property, or who have had to leave their homes. We salute those courageous workers and members of the military and other public services who are doing their utmost to contain the damage at the nuclear reactors and providing relief assistance to hundreds of thousands of Japanese. Please consider giving generously to the organizations involved in relief activities.




    crisis

    Leading Experts To Address Implications of the Global Economic Crisis For The Asia Pacific Region

    Leading Experts To Address Implications of the Global Economic Crisis For The Asia Pacific Region
    HONOLULU (July 23, 2009) – The implications of the current global economic crisis for the Asia Pacific region will be the topic of a luncheon forum hosted by the East-West Center on Monday, Aug. 3.  The luncheon at the EWC’s Hawaii Imin International Conference Center (Jefferson Hall) is open to the public and will feature a panel discussion by leading experts from the Asia Pacific region, including:

    • Barbara Weisel, Assistant U.S. Trade Representative for Southeast Asia and the Pacific. Weisel is the lead negotiator for the Trans-Pacific Strategic Economic Partnership initiative and the U.S. Free Trade Agreement negotiations with Malaysia and Thailand. 




    crisis

    Eversheds Sutherland EHS and Employment clinic webinar - When does a pandemic crisis spell disaster?

    The world is in turmoil. Rumour, fake news and wild assertions form part of our daily information overload. How are good organisations communicating with their employees, suppliers and stakeholders? Reputations will be made and lost during this cris...




    crisis

    The IPO Market's Slowest Spring Since The Financial Crisis




    crisis

    Pensions Regulator’s expectations on funding and communications in a crisis

    The Pensions Regulator has issued its 2020 annual funding statement which provides more guidance for plans going through a valuation process and new Full Article



    crisis

    Trying fraud in a crisis

    At the end of March, as the impact from the UK’s Coronavirus restrictions began to hit the criminal justice system hard, the CPS published an Interim Charging Protocol, agreed with the National Police Chief’s Council (the “Pro...




    crisis

    Coronavirus - (Real Estate) investment funds in the Corona crisis: Liquidity risks through regulatory and tax provisions - Germany

    No support in the Corona crisis... The measures already initiated by the German Federal Government and the EU Commission to support and secure liquidity in the Corona crisis are focused on the industries directly affected by Corona/ COVID 19. They ...




    crisis

    Syria reduces fuel subsidies as economic crisis deepens

    Syria's oil and mineral resources ministry announced Saturday a reduction in automobile fuel subsidies, the latest government measure to tackle a deepening economic crisis.




    crisis

    Delta CP wades into Delta community crisis

    …directs Area Commander, DPO to disarm disbanded vigilante members By Festus Ahon ASABA – DELTA State Commissioner of Police, Mr Hafiz Inuwa has waded into the communal crisis rocking Evwreni Kingdom in Ughelli North Local Government Area of the State over the disbandment of the local vigilante team of the kingdom. Speaking at a stakeholder’s
    Read More

    The post Delta CP wades into Delta community crisis appeared first on Vanguard News.



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    crisis

    Maritime Varsity: Ugborodo Community Dumps Warri Kingdom, Supports Okerenkeko Location … Alleges Olu of Warri Trying To Cause Fresh Crisis

    Nigeria (Blank NEWS Online) –:  The people of Ugborodo Community in Warri South West Local Government Area of Delta State have said that they are satisfied with the current  location […]