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Startups in Tokyo abandon offices amid coronavirus upheaval




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Japan's foreign students struggle to stay and study amid pandemic















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Lockdowns do no help much in lower & middle income countries, important to let people work: Lancet Paper

“Let shopkeepers sell their wares and provide services. Let construction workers return to building sites. Allow farmers to harvest their crops and to transport them to be sold on the open market,” the authors wrote, while arguing that restrictions should be placed only in clusters which report higher number of cases.




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Amid lockdown, Madhya Pradesh government reshuffles 50 IAS officers

This is the first major bureaucratic rejig by the BJP-led state government since Shivraj Singh Chouhan became chief minister in March this year.




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Former Google CEO Eric Schmidt is reportedly no longer an advisor to the company

While Schmidt might not have his technical advisor role anymore, he remains an Alphabet shareholder after leaving the board seat he held for 18 years.




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Tesla prepared to move out of California amid fight over factory shutdown, Musk tweets

Tesla had wanted to start production again in Fremont, California, on Friday afternoon, but officials said the company did not have authorization to break shelter-in-place rules. The plant is where the company makes vehicles for Europe and North America.




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‘We’re afraid of tomorrow’: Syrian refugees face hunger, poverty amid Covid-19 downturns

Ahmad al-Mostafa can't afford milk for his baby daughter. A Syrian refugee, he has barely been able to feed his family since Lebanon sank into economic crisis last year. But now, a coronavirus lockdown has made things even worse.




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Vaccine orders plummet amid coronavirus outbreak: CDC

Washington (AFP) - Orders for vaccines against diseases such as measles have declined since a national emergency was declared in the United States because of the coronavirus pandemic, the US Centers for Disease Control and Prevention said Friday.






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'Inflation To Touch RBI's Mid-Term Target By 2018 End'

Global credit rating agency Fitch Ratings on Monday forecast that inflation in India would touch Reserve Bank of India's (RBI) medium term target range of two-six per cent by end 2018.




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SMEs and entrepreneurs need to diversify their funding amid continued credit constraints

Small and medium-sized enterprises (SMEs) are fundamental for inclusive growth and jobs, but they need to broaden their sources of finance in order to reduce their vulnerability to volatile credit market developments, according to two new OECD reports.




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OECD Steel Committee says structural challenges must be addressed urgently amid new era of low steel demand growth and rising exports

Chairman's statement of the OECD Steel Committee's 78th session, Paris, 11-12 May 2015.




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OECD Steel Committee sees tentative and vulnerable recovery amid excess capacity and market distortions

A modest recovery is under way in the global steel market but structural imbalances remain acute amid sluggish demand growth expected in the long-term demand, the OECD Steel Committee said at the end of its meeting this week.




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Mapping of Investment Promotion Agencies: The Mediterranean Middle East and North Africa (pdf)

This report provides an inventory of existing practices among IPAs in eight southern Mediterranean (MED) economies: Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, the Palestinian Authority, and Tunisia. Each MED country has one national IPA with the exception of Tunisia, where three agencies have investment promotion functions.




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Mapping of Investment Promotion Agencies: The Mediterranean Middle East and North Africa (Arabic pdf)

This report provides an inventory of existing practices among IPAs in eight southern Mediterranean (MED) economies: Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, the Palestinian Authority, and Tunisia. Each MED country has one national IPA with the exception of Tunisia, where three agencies have investment promotion function




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Mapping of Investment Promotion Agencies: The Mediterranean Middle East and North Africa (French pdf)

This report provides an inventory of existing practices among IPAs in eight southern Mediterranean (MED) economies: Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, the Palestinian Authority, and Tunisia. Each MED country has one national IPA with the exception of Tunisia, where three agencies have investment promotion function




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Mapping of Investment Promotion Agencies: Middle East and North Africa

This report provides an inventory of existing practices among IPAs in eight southern Mediterranean (MED) economies: Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, the Palestinian Authority, and Tunisia. Each MED country has one national IPA with the exception of Tunisia, where three agencies have investment promotion functions. The survey was therefore conducted with ten different agencies.




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Better Plays for Better Lives: A Midsummer Night’s Dream, OECD Insights Blog

The OECD Environmental Outlook to 2050: Consequences of Inaction warns that by 2050, under a worst-case scenario, we could see a 10% biodiversity loss; 2.3 billion more people living in water-stressed areas; and a 50% increase in GHG emissions, primarily caused by a 70% growth in CO2 emissions from energy use.




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OECD’s Gurría reaffirms need for global cooperation amid progress at G20 Summit

International cooperation is now more critical than ever, OECD Secretary-General Angel Gurría said following a G20 Leader’s Summit marked both by controversy but also advances on a range of policies to tackle global challenges.




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The Squeezed Middle Class - How does Germany compare?

This country fact-sheet presents key figures from "Under Pressure: The Squeezed Middle Class". This report analyses the trends of middle-income households in areas such as employment, consumption, wealth and debt, as well as perceptions and social attitudes. It also includes recommendations for protecting middle-class living standards and financial security in the face of economic challenges.




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Middle-class economics

In 2014, the US economy added more jobs than in any year since the 1990s. In fact, this longest streak of job growth on record has persisted into 2015. Inflation-adjusted wages are up by 1.4% annually over the last two years, more than twice the pace of the last recovery. But this is still not enough to make up for decades of subpar gains for middle-class families–a challenge shared by many other OECD economies.




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Cognitive skills in middle-income countries: Evidence from PIAAC and STEP

An increasing number of middle-income countries are participating in projects measuring cognitive skills of the adult population. Large differences in skill levels exist between these countries, with some having a large skills gap compared to OECD countries. Skill differences not only reflect differences in educational attainment, as skill levels among adults with the same level of educational differ widely across countries.




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Legal and social barriers holding back women’s empowerment in Middle East and North Africa

Women in the Middle East and North Africa are better educated and better skilled than ever, yet legal and social barriers mean the share of them in work is still the lowest in the world. Bringing family and labour laws into line with gender goals would enable more women to enter employment and would make MENA economies more competitive and inclusive, according to a new OECD report.




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Regulatory Reform in the Middle East and North Africa: Implementing Regulatory Policy Principles to Foster Inclusive Growth

This report assesses progress in the implementation of regulatory policy within the MENA region and highlights good practices from Bahrain, Egypt, Jordan, Lebanon, Mauritania, Morocco, the Palestinian Authority and Tunisia.




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Internship opportunities working on anti-corruption in the Middle East and North Africa region at the OECD

The OECD Anti-Corruption Division and Middle East and Africa Division offers short-term internships of 3-6 months for qualified students. These internships provide students with the experience of working in an international organisation on anti-corruption issues in MENA countries.




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Democrats risk over-reach after midterms

Americans resent inquisitions aimed at depriving them of their elected president





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Qantas suspends China all flights amid coronavirus fears

Qantas has suspended all of its flights to China as the deadly coronavirus becomes a global emergency.  




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Qantas cancels MORE flights including routes to Hong Kong and Auckland amid coronavirus fears

Qantas said on Friday it will cut more international flights this month including to Japan and New Zealand amid falling bookings because of coronavirus fears. 




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Qantas allows customers to cancel their flights and use credit for later trips amid coronavirus

Qantas passengers will be able to cancel booked flights and use the credit to reschedule trips later on.




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Woolworths offers jobs to some of the 20,000 Qantas workers forced on unpaid leave amid

The airline has told 20,000 staff members to stand down and cut schedules from late March until May after the government recommended Australians do not travel overseas




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Virgin Australia will give back annual leave to workers who were stood down amid coronavirus

Virgin Australia will give back annual leave to thousands of workers that were stood down amid the outbreak of coronavirus after the federal parliament passed the $1500 fortnightly wage subsidy.




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Atletico Madrid 'set £20m price tag on Kieran Trippier' amid Premier League interest

The 29-year-old moved to the Wanda Metropolitano last summer having fallen out of favour in north London, with the La Liga side splashing £20million on the England international.




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Weatherford Oil Tool Middle East ... vs Vedanta Limited & Anr. on 8 May, 2020

1. The hearing was conducted through video conferencing.

OMP (I) (COMM.) 95 & 96/2020 Page 1 of 4

2. Petitioner, by the present petition, under Section 9 of the Arbitration & Conciliation Act, 1996 (hereinafter referred to as the "Arbitration Act"), inter alia seeks a restraint on the respondent from invoking and encashing the performance bank guarantees issued by respondent no. 2 on behalf of the petitioner and further seeks a direction to respondent no. 1 to release the payments due to the petitioner under the relevant contracts.

3. It is submitted that the respondent no. 2 is a Performa party.

4. Several contracts have been executed between petitioner and respondent no. 1 for provision of services, personnel and equipment. The contracts were executed as part of a composite transaction for the performance of services between petitioner and respondent no. 1 and are subject to and governed by Master Services Agreement and Master Supply Agreement.




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BRITs 2020: Dave hangs out with Jorja Smith who flashes her toned midriff in a daring semi-sheer top

Dave and Jorja Smith attended the BRIT Awards Beats By Dr Dre after party at The Scotch of St James on Tuesday night.




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Fuel prices are falling quickest in the West Midlands and is cheapest in Northern Ireland

Data released by Forecourt Trader and the AA shows that a litre of unleaded on average is most expensive in London costing 113.6p while in Northern Ireland it is just 105.7p - an 8p difference.




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MPs launch inquiry into e-scooter safety ahead of trials amid road chaos fears

The Department for Transport (DfT) last month revealed the electric scooters, capable of 30mph, will be trialled in select cities as part of plans for a 'transport revolution'.




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Old RAF airbase is packed with £35m worth of unsold cars amid covid-19 crisis

The brutal impact of the pandemic on the economy was laid bare yesterday by figures showing that fewer than 1,000 new cars were sold to private consumers last month. 




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Donald Trump congratulates UFC for holding fight amid coronavirus pandemic

UFC 249 was held in an empty stadium in Jacksonville, Florida on Saturday night, and was aired on ESPN. Trump appeared in a taped message during the broadcast.