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Coronavirus Outbreak: Instances of humanity amid lockdown overshadow bad news

New York: The idea formed on a day when all the news headlines were dire. The coronavirus was surging worldwide; Nashville had lost lives in a devastating tornado and children had their lives upended as they separated from beloved classmates to shelter at home.

But only bad news is never the whole story. Days later, The Associated Press started its daily series 'One Good Thing' to reflect the unheralded sacrifices made to benefit others that normally wouldn't make a story, but maybe always deserved one.

Since March 17, when a Norwegian mom tried to soften the blow of birthdays under quarantine for her two teens by asking via social media that people reach out to them, there have been 35 stories about the ways that everyday people have tried to make a positive difference in the lives of others. The gestures have been grand and small, some as simple as chalk-written messages on a sidewalk thanking healthcare workers at a New Orleans hospital for their efforts.

Music has been a central theme. The series has included stories about a Rio firefighter sharing his love of music from a hydraulic ladder 150 feet up as he played the trumpet for cooped-up apartment dwellers; a virtual rendition of 'Bolero' from the National Orchestra of France, with each musician playing alone at home; the virtual Corona Community Choir with members around the world, performing on Sundays.

If music soothes the soul, food feeds it. There have been six stories that tell of benefactors feeding health care workers, the poor, the elderly shut ins, even volunteers feeding hungry animals at a revered Hindu temple in Kathmandu, Nepal.

There have been meals from Brooklyn caterer Israel Frischman for Holocaust survivors who are shut in. The day after the story ran, donations poured in and now Frischman has financial backing for the needed meals.

And simpler fare from the 'Solidarity Menu' started by Emiliano Moscoso who employed his hamburger chain of restaurants in Colombia to feed poor neighborhoods in Bogota.

The delivery of lifesaving supplies has been a storyline as well, from the professional cyclist in Italy who has gone from racing against competitors to racing medicine to those in need, to Yale student Liam Elkind's delivery service. A month after reporting on Elkind's 'Invisible Hands' effort which he started with a friend, he reports that it's ballooned.
'We're making over 1,000 deliveries a week now, and over 10,000 volunteers have joined our group. I feel like I haven't slept in decades, but, honestly, I've never felt more energized,' he said.

Heroes have emerged in youth, from Nova Knight, a 5-year-old firecracker in Alaska imploring her cohorts to wash their hands and postpone playdates, to 16-year-old TJ Kim, who can't drive, but can fly. He uses those skills to deliver much-needed medical supplies across rural Virginia.

The stories have circled the world, from Colombia and Nepal, to Italy, Germany, France, Spain, Brazil, Israel, Indonesia and South Korea where Kim Byung-rok, a shoe cobbler, donated land to help raise money for the fight against the virus.

In the month of stories about the goodness of others, it's no surprise when we doubled back to the previous subjects of the coverage, AP journalists found the obvious: the givers' giving has expanded.

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This throwback picture of two widowed fairy penguins will well up your eyes

The novel Coronavirus outbreak has created an atmosphere of uncertainty but everybody has been trying to create hope in some way or the other.

This picture is of two fairy penguins standing side by side and comforting each other which watching the Melbourne skyline.

The Twitter user captioned the images, "Couldn't stop thinking about these penguins enjoying the Melbourne skyline together. So I found the original photographer and apparently they're both widowed. I can't handle it."

 
 
 
View this post on Instagram

Pinguins Part 2. “... Love is the only game in which we win even when we lose” The way that these two lovebirds were caring for one another stood out from the entire colony. While all the other penguins were sleeping or running around, those two seemed to just stand there and enjoy every second they had together, holding each other in their flippers and talking about penguin stuff. Pain has brought them together (see PART 1). I guess sometimes you find love when you least expect it. It’s a privilege to truly love someone, paradisiacal when they love you back. 📸 @tobiasvisuals • (Even though it is very similar to the previous image I thought it’d be a pity to not share it with you guys)

A post shared by Tobias Baumgaertner (@tobiasvisuals) onApr 13, 2020 at 5:01pm PDT

He also explained that the penguins had been standing on the rock for hours. He clicked the pictures about a year ago but shared them once again so that people could enjoy the heartwarming moment during such times.

According to him, it was a volunteer who revealed that the white penguin was an "elderly lady" who lost her partner and the one to the left was a "younger male", who lost its partner too.

"During times like this, the truly lucky ones are those that can be with the person/people they love most. I captured this moment about a year ago. These two fairy penguins poised upon a rock, overlooking the Melbourne skyline and were standing there for hours, flipper in flipper, watching the sparkling lights of the skyline and ocean. A volunteer approached me and told me that the white one was an elderly lady who had lost her partner and so did the younger male to the left. Since then they meet regularly comforting each other and standing together for hours watching the dancing lights of the nearby city. I spent 3 full nights with this penguin colony until I was able to get this picture. Between not being able or allowed to use any lights and the tiny penguins continuously moving, rubbing their flippers on each other's backs and cleaning one another, it was really hard to get a shot but I got lucky during one beautiful moment. I hope you enjoy this moment as much as I did. #lovewillalwayswin." (sic)

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Turkish Spiderman delivers groceries to elderly neighbours amid coronavirus lockdown

Amid the coronavirus gloom, a Turkish man is giving netizens a reason to smile with his unique antics and helping attitude. The man identified as Burak Soylu dresses up as the famous Marvel superhero Spiderman to help his neighbours amid the global pandemic.

According to a Twitter post shared by Goodable, just like the 'friendly neighbourhood' Marvel superhero who helps people with his superpowers, Burak dresses up in a Spiderman suit and goes around helping his neighbours, especially elderly people by distributing milk, groceries and essentials at the doorsteps.

In the pictures shared by Goodable, Burak can be seen buying vegetables from the market and delivering it to those in need of help at a time when most countries have imposed a lockdown to curb the spread of coronavirus. While speaking to Goodable, Burak said that his superpower is doing good for his neighbours.

Twitter user Serhan also shared some breathtaking pictures of Burak as Spiderman driving his Beetle and even posing on a tractor. Since the time it was shared, the post has garnered over 10,000 re-tweets and about 4,000 likes.

The post, which has gone viral now has garnered tons of appreciation from netizens. While some Twitterati lauded Burak for helping the elderly amid coronavirus crisis, others talked about how Burak was spreading the safety message by wearing a costume that includes a face mask and hand gloves which are highly important to combat COVID-19.

One user said, "And he's masked and gloved too! Good one, Spidey!" while another user commented, "Now that's what I call a friendly neighborhood spiderman..." A third user jokingly said, "So can we say Superman costume is Coronaproof? Hahaha." Talking about the Turkish spiderman's noble cause, a fourth user said, "He also visits disabled kids school and presents toys along with mask."

Here's how netizens reacted to Turkish spiderman's noble work:

Isn't the Turkish Spiderman living by the well-known proverb of the Marvel superhero, "With great power comes great responsibility".

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Viral video: Dog exposes owner's fake handstand, leaves netizens in splits!

In a viral video that left the internet in splits, a dog exposed the owner's fake handstand pose. The video that went viral on Facebook shows a woman pretending to do handstand by lying down and pressing her hands against the wall, while a man on a chair reading a newspaper is seen sitting besides her.

The nearly-perfect clip seemed convincing until the act was exposed when a dog made an appearance in the picture. At that point, the viewers realised that the man and the woman were simply lying on the floor and the handstand pose was created by tweaking the camera angle and successfully tricking people into believing that the pose was legitimate.

Paulinho Martins, who posted this video on Facebook on Tuesday, said in the captions, "Everything was going well, until the dog ruined everything." The video has received over 6.1 million views with more than 48,000 likes and was shared over 225,000 times.

Amid hilarious reactions, users commenting on the post said that they would love to try it out with their friends while one user commented, "Is that spiderdog?" Another user said, "It is not that bad to cheat, well done!" while one more comment read, "It is absolutely obvious, when he touched his glasses. Newspaper fell on him."

What do you think of the video?

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Viral video: Girls play tennis from rooftop amid lockdown

Two young girls in Italy took the lockdown game to a whole new level by playing tennis from neighbouring buildings.

The girls in Liguarian town of Finale Ligure managed a 12-shot rally in the 24-second video. The video was posted on Facebook last Friday by a local tennis club where the two are members.

Naturally, a few balls during the practice session did not make it across and bounced down into a private road below where the girls' fathers put them in plastic bags their daughters had affixed to the end of fishing poles.

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Coronavirus Outbreak: Cars with 'Thank You' placards line up to laud doctor's efforts

Doctors, nurses and other healthcare staff are working on the frontline, dutifully serving patients in the fight against the coronavirus outbreak. Most healthcare workers have been working in longer shifts risking their lives to save others while combatting daily challenges like shortage of PPEs and other issues. Their efforts have been lauded and people across the globe have taken to social media to praise the healthworkers 

Business tycoon Harsh Goenka shared a video on Twitter of a doctor getting praises from people in a unique way that has gone viral. In an emotional video that is been widely circulated online, medical practitioner Dr Uma Madhusudan is seen outside her house getting 'Thank you' praises from cars passing by with passengers holding placards in a 'Drive of Honour'.

The car rally also had the fire brigade trucks and police cars with neighbours holding 'Thank You' placards for her. The elated doctor is seen thanking them and waving at them.

According to the Star of Mysore, Dr Madhusudhan studied at the JSS Medical College in Mysuru and is currently working at the South Windsor Hospital in the US.

“Dr Uma Madhusudan, an Indian  doctor, was saluted in a unique way in front of her house in USA in recognition of her selfless service treating Covid patients,” the caption for Goenka’s post read.

The video posted on April 21, garnered more than 44,600 views and over 3,400 likes and was retweeted 354 times. Here’s how the Twitterati reacted on the post:

What do you think about the video?

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Spain PM plans to extend COVID lockdown after spike in deaths

Despite the World Health Organisation's warnings to not rush into easing the Coronavirus restrictions as it could lead to a resurgence of the disease, some of the affected countries have started to restart their economies.

Spain, which was also planning to ease the lockdown when the daily deaths dropped below 400, had to reconsid its plan after recording a spike for the second day on Wednesday. Another 435 people died in the past 24 hours, bringing the overall death toll to 21,717, said the authorities.


Pedro Sanchez, Spain PM

Spain has suffered the third-highest number of deaths in the world after the US and Italy, with infections now hitting 2,08,000 cases, health ministry figures showed. Monday's figure of 399 deaths was the lowest in four weeks, but a day later, it rose to 430 with officials explaining the numbers tend to go up slightly on Tuesday following delays in receiving regional data on weekend deaths.

The March 14 lockdown has been twice extended with Spain Prime Minister Pedro Sánchez seeking parliament go-ahead to prolong nation's state of emergency until May 9. "We must avoid missteps. If we stay on top of the virus and our health system maintains and reinforces that impression, then we will propose another step," BBC quoted him as saying.


A worker on a construction site on Wednesday in Cenon, France, as works resume after stopping several weeks; long lines built up outside the few McDonald's drive-thrus that started serving customers again; more than 10 million employees in France - one out of every two in the private sector - have been laid off during the lockdown. Pic/AFP

But from Sunday, the conditions are to be eased for youngsters in Spain, who have not been allowed out of the house for nearly six weeks under one of the most restrictive lockdowns in the world. From April 26, those under 14 will be allowed to go for a walk with one of their parents or accompany them on trips out to buy food, medicine or go to the bank.

Addressing MPs at Wednesday's parliamentary session, Sánchez said moves to ease the lockdown would likely begin in the second half of May. "The second half of May offers the prospect of a scaling-back [of the lockdown], of phase two of the fight" when the restrictions "will be modified", he said.
But the lockdown "will not be lifted until we are prepared for it because we are not going to take any risks," he said, insisting that "any optimism must be tempered by prudence".
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"We must be incredibly careful in this phase," he said. "The scaling-back period will be slow and gradual, precisely because it has to be safe." Restrictions were also being eased in Denmark, Austria and France. In the US, too, some states were relaxing restrictions. The pandemic has infected over 2.5 million people and killed over 1,77,000 around the world.

Iran and Iraq continue to report new deaths

Iraq, which had on Tuesday partly eased the lockdown restrictions, recorded one more fatality, bringing the tally to 83 on Wednesday. The Health Ministry said the total number of cases reached 1,602 with 28 new cases, reported Anadolu Agency. In Iran, where local shops were reportedly allowed to open from April 20 but with social distancing in place, reported 94 new deaths on Wednesday. But the cases of infections was on the way down, it said. Health ministry said the fatalities detected in the past 24 hours took Iran's overall toll to 5,391; and infections climbed to 85,996 with 1,194 new cases. "If we arrogantly think that the job is done and we have won, then this would be the biggest problem that could affect us," President Hassan Rouhani said. Iran has struggled to contain the outbreak. Despite that, Iran has allowed many businesses to reopen since April 11 after shutting most down in mid-March to prevent the spread of the disease.

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Coronavirus Lockdown: Photo of sad dog looking at children playing from balcony is breaking hearts online

A photo of a sad bulldog looking at children playing from the balcony and not being able to join them in their games has gone viral amid the Coronavirus lockdown and is breaking hearts online.

Rebecca Ellis, the owner of the dog named Big Poppa said on Twitter that he loves playing with children and he is sad that he is not able to play with them due to the lockdown imposed to contain the deadly virus, but she has been trying to cheer him up.  "I've been trying but he loves children more than anything and not being able to play with them daily but he can see them... I think its taking a toll on him," she said.

In the caption of the photo, Ellis said, "Big Poppa has been so sad today, I think he miss(es) playing with the kids in the building.  He just watches them from the patio." The photo that has attracted attention from international celebrities too, got more than 656,100 likes and was retweeted over 72,300 times.

Among the users commenting on the photo is Game-of-Thrones fame Maisie Williams and popular TV show host Ellen Degeneres. The photo has been melting hearts with many asking the owner to hug the dog to cheer him up and introducing their pets to him.

What do you think about the dog’s photo?

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China gives WHO 30 million dollars more

Cash-rich China on Thursday announced an additional USD 30 million grant to the World Health Organization to support its global fight against the deadly coronavirus, days after Beijing expressed "serious concern" over President Donald Trump's decision to freeze US' funding for the UN health agency over its handling of the COVID-19 crisis. Chinese Foreign Ministry Spokesman Geng Shuang made the announcement at a media briefing here. The grant will be in addition to the USD 20 million provided by China, the world's second largest economy, earlier to the WHO.

"China has decided to donate another USD 30 million in cash to the WHO in addition to the USD 20 million cash donation to support the global fight against COVID-19 to help strengthen developing countries health systems," Geng said. He clarified that the additional USD 30 million funding was "aimed to COVID-19 response and supporting the health systems of developing countries".

"This is a different thing from the membership dues paid by China," he said. China hinted at stepping up its monetary contribution to the UN health agency on April 15. Beijing's response came a day after Trump announced to put a "very powerful" hold on US' funding to the WHO, accusing the UN agency of being "very China-centric" and criticising it for having "missed the call" in its response to the coronavirus pandemic. The US is the largest donor to the Geneva-based WHO.

Trump also criticised the organisation's relationship with China. "American taxpayers provide between USD 400m and USD 500 million per year to the WHO; in contrast China contributes roughly USD 40 million a year, even less. As the organisation's leading sponsor, the United States has a duty to insist on full accountability," he said. While announcing the new funding, Geng without referring to Trump's criticism, expressed China's full backing for the WHO and its Director General Dr General Tedros Adhanom Ghebreyesus, whom Trump has termed as pro-China.

"Since the outbreak of COVID-19, the WHO and its Chief Dr Tedros have been actively fulfilling their duties in upholding scientific, objective and an impartial stance. It played an important role in helping the relevant countries strengthen their pandemic response and promote international cooperation," Geng said.
"As the global fight against COVID-19 is at a crucial stage supporting the WHO is defending the ideals and principles of multilateralism and upholding the status and authority of the UN," he said.

Terming the virus the "common enemy of all", Geng said solidarity was the only weapon to defeat it. "Our donation is made out of support and trust of Chinese government and people for the WHO," Geng said, adding that "this is also our way of contributing to global public health and global efforts against the pandemic" Earlier while responding to Trump's announcement to freeze US' funding for the WHO, another Chinese Foreign Ministry Spokesman Zhao Lijian had said: "China expresses serious concern over the US announcement to halt its funding to WHO".

He said China will always support the Geneva-based WHO in playing an important role in international public health and global anti-epidemic response. Asked if China will step-up funding to the WHO to replace the US contributions, Zhao had said, "China has provided USD 20 million to the WHO (to fight COVID-19) and we will study the relevant matter", indicating that Beijing was considering to increase its contribution to the global health body.

Both China and the WHO faced serious criticism over lack of transparency especially about the discovery of the coronavirus in December last year and its silent spread in Wuhan until Beijing imposed a lockdown in the city on January 23. By that time, over five million people from Wuhan were reported to have left for holiday destinations at home and abroad to celebrate the Chinese New Year, which many allege resulted in the spreading of the deadly virus worldwide.

China has denied the allegations of any cover-up, saying it was the first country to report the COVID-19 to the WHO.

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Indian girl brings smile on withered faces of US nursing home residents amid COVID-19 lockdown

Washington: Girls her age play Candy Crush or like watching cartoons, but 15-year-old Hita Gupta peps up hundreds of lonely Americans, including the elderly and children, marooned in nursing homes due to the COVID-19 lockdown by sending them gift packs and spirit-lifting notes.

The 10th-grade Indian-American student from Pennsylvania's Conestoga High School has an NGO 'Brightening A Day' and is using it to spread love, hope and joy among America's nursing homes' residents, especially senior citizens, to help them keep at bay their boredom arising from the COVID-19 restrictions.

Gupta brightens up their lives by sending them handwritten notes and gift packs containing puzzle and colouring books and a packet colour pencils.

"It saddens me to think of how lonely or depressed many nursing home residents feel because they cannot see their loved ones. Our seniors are already one of the most isolated groups. A research has shown that more than 40 per cent of seniors regularly feel lonely," Gupta told PTI in an email interaction.

"During this uncertain time, which is causing panic among many seniors, it's our responsibility to let them know that they are not alone. I initially started sending gift packs to nursing homes using self-funding. Now, I have sent them to residents of 16 local nursing homes," she said.

Each gift pack contains one puzzle book, one colouring book, and a pack of colour pencils/crayons, Gupta said. "It also contains an uplifting note written by my 9-year-old brother Divit Gupta," she said.

Her NGO has reached more than 2,700 kids and seniors in 50 hospitals and nursing homes in seven different States in the US with hand-made cards on holidays like Christmas and Valentine's Day. "We have also sent school supplies and cards to orphanages in India," Gupta said.

Gupta's initiative has won her praise from one and all.

"Need some inspiration? 15-year-old Hita Gupta, from Pennsylvania, USA, is brightening the lives of nursing home residents with gift packs through her NGO, Brighten A Day," the US Embassy in New Delhi wrote on its Facebook page.

"She aims to lift the spirits of those who are in need of some cheer by sending them love, hope, and joy through cards and gifts. During the COVID-19 lockdown period, she is sending handwritten notes and gift packs to cheer the residents and help them overcome loneliness and isolation. More power to you Hita!" the embassy said.

Nursing homes throughout the US are limiting the interaction of senior citizens who remain mostly confined to their rooms. Outsiders are also prohibited form visiting them, resulting in feelings of loneliness and isolation in many of them.

The US is the worst affected country from the coronavirus, with 842,000 infections and over 46,000 deaths reported so far. According to Centre for Diseases Control and Prevention, eight in every 10 deaths due to the coronavirus reported in the US are adults, and people who are 65 years old or above.

Globally, the coronavirus pandemic has claimed over 185,000 lives and infected more than 2.6 million people, according to the Johns Hopkins University data.




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Unfazed! Journalist calmly dodges falling light stands continues live reporting; netizens impressed

Keeping calm and focused towards the task in hand is a recommended recipe for success. A journalist from US is being lauded for doing the same. News reporter Kirsten Welker was reporting a live event and remained unfazed even after dodging two light stands that fell near her becuase of strong windy conditions.

Welker wearing a mask was reporting live from Washington DC on a windy day when two tall lighting fixtures fell near her. However, she calmly dodged the falling stands and continued with her reporting, which has impressed netizens across the globe. Ever since the clip went viral, Welker is being hailed as a legend and received several appreciating comments for her commitment.

With many people sharing the clip, even Welker responded to comments she received in a witty manner. When a sports news website shared the clip saying, “First-round pocket presence”, here’s how she responded:

The clip that has received more than 1.4 million views and over 23,600 likes on Twitter was retweeted more than 3,600 times. Users commenting on the video posted about how Welker handle the situation with presence of mind.

What do you think about the video?

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Belgian Prime Minister unveils plan to lift lockdown

Belgian Prime Minister Sophie Wilmes has announced a detailed plan to gradually lift the country's coronavirus restrictions, the media reported on Saturday.

After hours of discussions on Friday, Prime Minister Wilmes announced a timetable to gradually end the country's lockdown, which began on March 12, reports the BBC. The first businesses to open will be fabric shops on May 4 in order to help people comply with new regulations requiring all Belgians aged 12 or over to wear masks on public transport. Other shops will reopen a week later.

Schools will return from May 18, but no more than 10 children will be allowed in each class. Cafes and restaurants will not be permitted to open before June 8. But Wilmes warned that "nothing is set in stone". At least 44,293 people have tested positive for the virus in Belgium as of Saturday, according to the Johns Hopkins University tally.

A total of 6,679 deaths have been recorded in the nation of 11.4 million - the highest rate per capita in Europe. More than half the fatalities have been in care homes. A number of other European countries have already announced measures to ease their lockdowns, the BBC reported. On Friday, the Czech Republic ended restrictions on free movement which had been put in place to help halt the spread of coronavirus.

Sme shops have already reoopened in Germany and schools will gradually reopen from May 4, although bars, cafes, restaurants, cinemas and music venues will all remain closed. Meanwhile, Poland's Health Minister Lukasz Szumowski called for a two-year delay to the presidential election - due to take place in two weeks' time - saying it was the safest situation given the pandemic.

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Indian-American Democratic National Committee CEO steps down

Indian-American Seema Nanda has announced that she was stepping down as the CEO of the Democratic National Committee (DNC), it was reported. The Boston College Law School and Brown University grad, who took over as the DNC CEO in June 2018, succeeding Mary Beth Cahill, announced the move via Twitter on Friday, the American Bazaar reported.

"After two years, I will be stepping down as CEO of the DNC. I couldn't be prouder of the infrastructure we have built, the primary process we have run, and the team we have built. "I look forward to continuing the fight for our democracy and to elect Democrats everywhere," she added.

Nanda however, did not reveal the reason behind her decision nor did she announce her next move. During her tenure, Nanda worked closely with DNC Chair Tom Perez, managing the group's day-to-day operations.

The two had worked together at the Department of Labor during the former administration of President Barack Obama. Perez's term as DNC chair will end after the November presidential election. While accepting the position in 2018, Nanda described the job as "the opportunity of a lifetime".

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Donald Trump: Press briefings not worth my time

US President Donald Trump tweeted that his daily Coronavirus briefings were not worth his time, two days after sparking a furore by suggesting patients might be injected with disinfectant to kill an infection.

He appeared to confirm media reports that he was considering halting the briefings, which dominate early-evening cable television news for sometimes more than two hours, out of frustration with questions about his handling of the COVID-19 pandemic.

On Thursday, the US leader stunned viewers by saying doctors might treat people infected with the coronavirus by shining ultraviolet light inside their bodies, or with injections of household disinfectant.

After a strong rebuff of his suggestion by top medical experts and disinfectant manufacturers, Trump on Friday claimed he had been speaking "sarcastically." But he limited that day's briefing, which usually includes himself, Vice President Mike Pence and members of the White House Coronavirus Task Force, to just 19 minutes, and did not take any questions from reporters.

And on Saturday, after 50 briefings over two months, the White House did not hold one at all. Trump has used the briefings to occupy television screens and promote his administration's policies, fend off critics and attack political rivals — from opposition Democrats to China to the US media.

Nearly 2,500 dead in 24 hrs
The US recorded 2,494 more coronavirus deaths in the past 24 hours, according to figures reported Saturday night by Johns Hopkins University. The country now has an overall death toll of 53,511, with 9,36,293 confirmed infections, according to a tally at 8.30 pm (0030 GMT Sunday). The US is by far the hardest-hit country in the global pandemic.

No cases in Wuhan hospitals for 1st time

The number of hospitalised COVID-19 patients in China's Wuhan, where the virus first emerged before turning out to be a pandemic, on Sunday dropped to zero for the first time. The last patient in Wuhan was cured on Friday, Mi Feng, a spokesperson for China's National Health Commission. Hubei has so far reported 68,128 confirmed COVID-19 cases, including 50,333 in Wuhan. The revised figure raised China's overall COVID-19 death toll to 4,632. The total number of cases as of Thursday stood at 82,692.

Italy ponders what went wrong

As Italy prepares to emerge from the West's first and most extensive lockdown, it is increasingly clear that something went terribly wrong in Lombardy, the hardest-hit region. Italy's total of 26,000 fatalities lags behind only the United States in the global toll. Prosecutors are deciding whether to lay any criminal blame for the hundreds of dead in nursing homes, many of whom aren't even counted in Lombardy's official death toll of 13,269.

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Virus lockdown raises tensions in poorest areas of France

Joining more than 1,000 others, Djemba Diatite stood for hours in line to feed her growing family, grateful for handouts of fruits, vegetables and soap. It was her first time accepting charity, but she had no choice. The pandemic has turned her small world upside down.

With open air markets closed, supermarket prices skyrocketing, an out-of-work husband, two children to feed and another on the way, Diatite said even tomatoes are now too expensive. "This is my only solution," she said.

Clichy-sous-Bois — where fiery nationwide riots started in 2005 — is just 23 km northeast of the French capital, but with its rows of housing projects, restless youth and residents teetering on the poverty line, it feels light years away.

The town mayor, seeing a looming crisis triggered by food shortages, sounded the alarm, and with scattered unrest simmering in impoverished suburbs, the French government announced a plan for urgent food assistance of 39 million euros for communities in need. "I feel the social crisis is growing with confinement," said Clichy-Sous-Bois Mayor Olivier Klein. The government will detail to parliament on Tuesday how it plans to pull the country out of the lockdown.

Boris to be back to work from Monday

British Prime Minister Boris Johnson will return to work at 10 Downing Street in London on Monday. The 55-year-old has been recuperating at his prime ministerial countryside retreat at Chequers since he was discharged on April 12 and had put UK Foreign Secretary Dominic Raab in charge as his deputy. Johnson is reportedly "raring to go" and will be back to an initially light work schedule from next week, starting with a meeting with UK Health Secretary Matt Hancock.

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4,093 people arrested in London for domestic violence

In the six weeks up to April 19, at least 4,093 people were arrested from across London for domestic abuse offences -- nearly 100 a day on an average -- during the coronavirus lockdown in the UK, the Metropolitan Police has revealed.

Charges and cautions have increased by 24 per cent since March 9, when people with COVID-19 symptoms were asked to self-isolate, compared to last year, Xinhua news agency quoted Commander Sue Williams, the Met's lead for safeguarding, as saying on Sunday.

Domestic incidents, which can include family rows not recorded as crimes, have seen a 3 per cent increase since last year, and jumped by 9 per cent between March 9 and April 19, said the Met Police.

There have been two domestic-related murders recorded in London as police continue to warn of an increased risk of abuse during the strict measures in place, said the Scotland Yard, metonym for the headquarters of the Met Police.

"The COVID-19 restrictions and 'stay at home' instruction is vital to managing this public health crisis, but unfortunately it has also left current and potential victims of domestic abuse even more vulnerable and isolated," said Williams.

The Met Police gave examples of some of the cases it has dealt with in recent weeks, including one in which police discovered that a man reported by a victim was linked to firearms.

"Officers located him within three hours of receiving the report and searched his vehicle, finding two sawn-off shotguns. A cannabis factory was also discovered. The man was subsequently charged and is awaiting trial," said the Scotland Yard in a statement.

Officers were also called to help a pregnant victim in east London, who had gone to a hospital to seek refuge after her partner assaulted and tormented her. Police said he was quickly arrested, but she was unwilling to support criminal action.

However, due to the evidence captured on body worn video, and witness accounts from staff at the hospital, the Crown Prosecution Service supported a victimless prosecution, and the suspect is awaiting trial, said the Met Police.

"Victims should be assured that they can leave their homes to escape harm or seek help, and they will not be penalized in any way for not maintaining social distancing, or otherwise breaching COVID-19 restrictions," said Williams. The UK has reported 154,037 coronavirus cases, with 20,794 deaths.

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COVID-19 Outbreak: Donald Trump says testing 'not a problem,' but doubts persist

The White House released new guidelines Monday aimed at answering criticism that America's coronavirus testing has been too slow, and President Donald Trump tried to pivot toward a focus on 'reopening' the nation. Still, there were doubts from public health experts that the White House's new testing targets were sufficient. Monday's developments were meant to fill critical gaps in White House plans to begin easing restrictions, ramping up testing for the virus while shifting the president's focus toward recovery from the economic collapse caused by the outbreak. The administration unveiled a 'blueprint' for states to scale up their testing in the coming week, a tacit admission, despite public statements to the contrary, that testing capacity and availability over the past two months have been lacking.

The new testing targets would ensure states had enough COVID-19 tests available to sample at least 2.6 per cent of their populations each month, a figure already met by a majority of states. Areas that have been harder hit by the virus would be able to test at double that rate, or higher, the White House said. The testing issue has bedeviled the administration for months. Trump told reporters on March 6 during a visit to the CDC in Atlanta that 'anybody that wants a test can get a test,' but the reality has proved to be vastly different. The initial COVID-19 test developed by the Centers for Disease Control and Prevention was contaminated, and early kits operated only on platforms able to perform a small number of test per day. While the rate of testing increased as tests developed for higher-capacity platforms, they were still limited by shortages of supplies, from nasal swabs to the reagents used to process the samples.

Administration officials maintained Monday that the limiting factor now is actually the availability of samples from people who have been tested ' either because guidelines on who could be tested are too stringent or because there are not enough health workers able to take nasal swab samples from them. The CDC moved to address one of those concerns Monday, expanding the list of people to be prioritized for virus testing to include those who show no symptoms but are in high-risk settings like nursing homes. And Trump met with leaders of businesses including CVS, Walmart and Kroger, who said they were working to expand access to tests across the country. 'Testing is not going to be a problem at all,' Trump said later in the Rose Garden.

However, many of the administration's past pledges and goals on testing have not been met. Jeremy Konyndyk, a disaster preparedness expert who helped lead the Obama administration response to Ebola, said the administration's testing plans are well short of what is needed. Researchers at Harvard have estimated the country needs to be testing a minimum of 500,000 people per day, and possibly many more. Konyndyk said the aim should be 2 million to 3 million per day. Trump said the current total, up sharply in recent days, is over 200,000 per day. Konyndyk said, 'Over the past month, we've doubled or if you want to be really generous tripled the testing capacity in this country. We need to take where we are now and expand it 10-fold."

The testing blueprint for states provides details missing from the administration's guidelines for them to return to normal operations that were released more than a week ago. It includes a focus on surveillance testing as well as 'rapid response' programs to isolate those who test positive and identify those with whom they had come in contact. The administration aims to have the market 'flooded' with tests for the fall, when COVID-19 is expected to recur alongside the seasonal flu. Trump and administration medical experts outlined the plan on a call with governors Monday afternoon, before unveiling them publicly in a Rose Garden press conference. The White House announcements came as Trump sought to regain his footing after weeks of criticism and detours created in part by his press briefings.

Days after he set off a firestorm by publicly musing that scientists should explore the injection of toxic disinfectants as a potential virus cure, Trump said he found little use for his daily task force briefings, where he has time and again clashed with medical experts and reporters. Trump's aides had been trying to move the president onto more familiar and, they hope, safer, ground: talking up the economy in more tightly controlled settings. Republican Party polling shows Trump's path to a second term depends on the public's perception of how quickly the economy rebounds from the state-by-state shutdowns meant to slow the spread of the virus.

On Monday, the White House initially announced there would be a Trump briefing, but canceled it as Trump's greatest asset in the reelection campaign ' his ability to dominate headlines with freewheeling performances ' was increasingly seen as a liability. But hours later, Trump it became clear Trump had other ideas. He held court in the Rose Garden for a bit less than an hour. Spokeswoman Kayleigh McEnany said that briefings would be held later in the week but 'they might have a new look to them, a new focus to them.' Trump said he hoped that virus deaths would end up no more than 60,000 to 70,000, slightly revising upward his public estimate of recent days as the U.S. toll neared 56,000 on nearly 1 million cases.

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Donald Trump wont budge on Nov 3 poll

US President Donald Trump has ruled out making any changes in the date of the November 3 presidential election because of the Coronavirus pandemic. "I never even thought of changing the date of the election. Why would I do that? November 3, it's a good number," Trump told reporters at his White House news conference. His likely Democratic opponent Joe Biden last week said Trump was considering changing the date. "Mark my words, I think he is gonna try to kick back the election somehow, come up with some rationale why it can't be held [sic]," Biden said during an online fundraiser.

'Look forward to it'
"No, I look forward to that election and that was just made a propaganda not by him but by some of the many people that are working writing little segments. I see all of the time statements made you say something statement made per Joe Biden, Sleepy Joe," Trump said. "He didn't make those statements. Somebody did but they said he made it. No, let him know I am not thinking about it at all. Not at all," he said.

In a call with governors on Monday, Trump said states should "seriously consider" reopening their public schools before the end of the academic year, even though dozens already have said it would be unsafe for students to return until the summer or fall.

'Consider opening schools'
"Some of you might start thinking about school openings, because a lot of people are wanting to have the school openings. It's not a big subject, young children have done very well in this disaster that we've all gone through," he said. Reopening schools is considered key to getting the economy moving again. Without a safe place for their kids, many parents would have difficulty returning to work.

1,010,507
Total no. of COVID-19 infections in the US

56,803
Total no. of COVID-19 deaths in the US

Turkey sends protective equipment to US


The cargo at the Etimesgut airport outside Ankara. Pic/AP

Turkey has dispatched a planeload of personal protective equipment to support the United States as it grapples with the novel Coronavirus outbreak. A Turkish military cargo carrying the medical equipment took off from an air base near the capital Ankara on Tuesday, the state-run Anadolu Agency reported. It was scheduled to land at Andrews Air Force Base near Washington later in the day. A top official said Turkey is donating 5,00,000 surgical masks, 4,000 overalls, 2,000 litres (528 gallons) of disinfectant, 1,500 goggles, 400 N-95 masks and 500 face shields.

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South Korea experts downplay possible reinfections

South Korean infectious disease experts have downplayed concerns that patients could get reinfected with COVID-19 after recovering. While hundreds in South Korea have tested positive again after their release from hospitals, Oh Myoung-don, who heads the central clinical panel on new infectious diseases, on Wednesday said there was a "high possibility" that such test results were flawed.

He said South Korea's standard real-time PCR tests, designed to amplify the genetic materials of the virus so that even tiny quantities are detected, doesn't reliably distinguish between remains of dead virus and infectious particles. He said lab tests on animals suggest that COVID-19 patients would maintain immunity for at least a year after their infections. He also said it was unlikely that the virus could be reactivated after remaining dormant when it doesn't seem to be a type that causes chronic illnesses.

277
No. of people tested positive after recovering

Construction fire near Seoul kills 8

A fire broke out on a construction site near Seoul on Wednesday, killing eight workers and leaving another 17 presumed dead. Local fire officials said the toll could rise as more people were believed to be trapped inside the warehouse that was under construction in Icheon. Another 14 or the 70 workers remained unaccounted for.

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Coronavirus Lockdown: Six-year-old boy's drive-by, walk-by joke stand wins hearts online

A six-year-old boy has been cheering up his neighbours with one joke at a time amid the distressful Coronavirus pandemic and the agonizing lockdown that followed, by putting up a joke stand outside his home in Saanich, a town in Canada's British Colombia.

A picture of Callaghan McLaughlin, sitting at his 'Drive-by, walk-by joke stand' with a wide smile was shared by his mother Kelsea on Instagram, where he has earned praises for his adorable efforts to make people smile. His mother requests in the caption to listen to a joke from him.

According to the CBC, Callaghan only knows 16-17 jokes which he learned from a joke book his mother gave him, and with these jokes, he does the best he can to make people have a hearty laugh.  The mother-son duo missed interacting with their neighbours due to the lockdown and came up with this idea that helps people cheer up.

 
 
 
View this post on Instagram

Please drive by and hear a joke from this kid 🥰 . . . #driveby #walkby #kidhumour #togetheryetapart #cadborobay

A post shared by Kelsea Murray-Roxburgh (@kelseamclaughlin) onApr 14, 2020 at 9:00am PDT

The post shared on Instagram received 188 likes with many users lauding him for his adorable effort to bring a smile on the faces of people. One user said, "What a sweet thing to do. You are a blessing." Another user said, "This is actually amazing! Well done Callaghan." A user commented, "This is so precious."

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Donald Trump says plan afoot to reopen America as deaths top 60,000

President Donald Trump said on Wednesday the federal government will not be extending its COVID-19 social distancing guidelines once they expire Thursday, and his son-in-law and adviser, Jared Kushner, predicted that by July the country will be "really rocking again."

Trump to fly out next week

Trump said he plans to resume out-of-state travel after spending over a month mostly cooped up in the White House, starting with a trip to Arizona next week. And he said he's hoping to hold mass campaign rallies in the coming months with thousands of supporters, even though medical experts have said there is little hope of having a vaccine by then.

Trump delivered his daily upbeat update on Wednesday, putting a positive face on the latest grim numbers — the death toll in the US on Wednesday crept past 60,000, a figure that he in recent weeks had suggested might be the total death count.

35 states' reopening plan out

"We mourn... every life tragically lost to the invisible enemy. And we are heartened that the worst of the pain and suffering is going to be behind us," Trump said. As many as 35 of the 50 US states affected by the pandemic have unveiled formal reopening plans, as President Donald Trump expressed confidence that "much better days" are ahead for the country that has been hit hard by the "invisible enemy".

So far, the virus has killed 61,670 Americans and infected 1,064,737 others. Globally, the virus has killed 2,29,182 people and infected 3,244,586 others.
Agencies

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Cute video alert! Dog adorably interrupts owner presenting weather report

In what appears to be an adorable working from home blunder, a video of a weatherman’s pet dog adorably interrupting his weather report has been making rounds of social media.

Meteorologist Paul Dellegatto was presenting the weather report from his home in Florida when his dog Brody entered the room, knocking into his computer and sat on his lap for a brief moment after which he went to find the cameraman, the New York Post reported.

Dellegatto can be heard playfully scolding Brody in the video saying, "This is not very smart," while the pooch begs him for some snacks and pets. Then after letting out a yawn, Brody runs off to look for the cameraman, who was filming the section from Dellegatto’s porch while maintaining social distance. He is heard saying, "Now he can't see Craig, so he's gone crazy trying to find Craig..."

The viral video posted by Andrew Fienberg on Twitter on Thursday managed to garner more than 3.4 million views with over 162,200 likes and was retweeted more than 35,700 times. The caption reads, "This is the best weather forecast in the history of television news."

Users commenting on the video resonated that this is the best content on Twitter right now, with some pointing out a cute-little detail in the video –a framed picture of Brody on Dellegatto’s desk.

What do you think about this video?

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Undermining intel, Donald Trump claims he has proof virus is from Wuhan lab

US President Donald Trump on Thursday threatened new tariffs against Beijing as he claimed to have seen evidence linking the novel Coronavirus to a lab in China's ground-zero city of Wuhan. Trump's comments undercut a rare public statement from his own intelligence community on Thursday which stated no such assessment has been made by them whether the COVID-19 outbreak began through contact with infected animals or if it was the result of an accident at a laboratory in Wuhan.

'I have evidence'

At his daily White House briefing on COVID-19 on Thursday, Trump was asked by a reporter: "Have you seen anything at this point that gives you a high degree of confidence that the Wuhan Institute of Virology was the origin of this virus?" "Yes, I have. Yes, I have," Trump said. He, however, refused to provide any details, except for saying that investigations are on and it would be out soon.

Asked what gave him a high degree of confidence that the virus originated from the WIV, he said, "I can't tell you that. I'm not allowed to tell you that."

The Office of the Director of National Intelligence said on Thursday it concurs with the "wide scientific consensus" regarding COVID-19's natural origins. The US has 1,069,400 confirmed cases of COVID-19.

WHO blamed for pandemic

Trump also blamed the World Health Organisation for the pandemic. "I think the WHO should be ashamed of themselves because they're like the public relations agency for China," he said. Trump, however, did not hold his Chinese counterpart Xi Jinping responsible for the global outbreak.

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Emerging from lockdown: '46 days in the house was enough'

From the US to Europe and Asia, people in many parts of the world are emerging from their homes as virus-related restrictions begin to ease and springtime temperatures climb.

Chinese were flocking to tourist spots, many newly reopened, after a relaxation of domestic travel restrictions ahead of a five-day holiday that runs through Tuesday.

Nearly 1.7 million people visited Beijing parks on the first two days of the holiday, and Shanghai's main tourist spots welcomed more than a million visitors, according to Chinese media reports. Many spots limited the number of daily visitors to 30 per cent of capacity or less, keeping crowds below average.

Masks were worn widely, from runners in Spain to beach-goers in the southern US. "It's great to have an audience after all these weeks," saxophonist Julia Banholzer, a native of Germany, said.

New Jersey reopened state parks, though several had to turn people away after reaching a 50 per cent limit in their parking lots. Margie Roebuck and her husband were among the first on the sand at Island Beach State Park. "Forty-six days in the house was enough," she said.

In Spain, many ventured out Saturday for the first time since a lockdown began on March 14. "I feel good, but tired. You sure notice that it has been a month and I am not in shape," Cristina Palomeque said in Barcelona. Prime Minister Pedro Sánchez asked citizens to remain vigilant. COVID-19 has caused over 25,100 deaths in Spain.

The divide in the US between those who want lockdowns to end and those who want to move cautiously extended to Congress. The Republican-majority Senate will reopen Monday, while the Democrat-controlled House of Representatives stays shuttered.

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Top UK government scientist behind lockdown move breaks rules, quits

A top UK government scientist, who was behind the country's strategy to impose strict lockdown measures to curb the spread of coronavirus, has resigned after a media report revealed that he broke the rules and allowed a woman he was said to be in a relationship with to visit his home during the lockdown. Professor Neil Ferguson, an epidemiologist whose modelling convinced Prime Minister Boris Johnson to press ahead with a UK-wide lockdown, quit the Scientific Advisory Group for Emergencies (SAGE) after allegations emerged in The Daily Telegraph. He admitted that he had allowed a woman Antonia Staats to visit him at his London home after travelling across the UK capital from her home, which she shares with her husband and children, on at least two occasions.

The movement goes against the very strict stay at home and save lives advice of the government, put in place by British Prime Minister Boris Johnson prompted by the scientific team led by Ferguson. The incidents took place soon after the 51-year-old leading epidemiologist from Imperial College London had completed a two-week spell self-isolating after testing positive for coronavirus. "I accept I made an error of judgement and took the wrong course of action. I have therefore stepped back from my involvement in SAGE, said Ferguson after the report.

"I acted in the belief that I was immune, having tested positive for coronavirus and completely isolated myself for almost two weeks after developing symptoms. I deeply regret any undermining of the clear messages around the continued need for social distancing," he said. The scientist, however, stressed that the government's advice on social distancing remains "unequivocal", adding that it was there "to protect all of us". UK Security Minister James Brokenshire said the senior scientist "made the right decision" and that the government will "continue to be informed" by SAGE.

"We have a range of experts that will continue to support ministers," he said. The first of the visits by Staats, 38, was on March 30, which coincided with a public warning by Prof Ferguson that the UK's one-week-old lockdown measures would have to remain until June. Staats, a left-wing campaigner, made a second visit on April 8 despite telling friends she suspected that her husband, an academic in his 30s, had symptoms of coronavirus, the newspaper report claims. He has peculiarly breached his own guidelines, and for an intelligent man I find that very hard to believe. It risks undermining the government's lockdown message," said Conservative Party MP and former minister Ian Duncan Smith.

Ferguson's resignation comes a month after Scotland's Chief Medical Officer, Dr Catherine Calderwood, had to resign when it was revealed she had broken lockdown rules by making two trips back and forth to a second home. Under the government's guidelines in the UK, people are expected to stay at home and allowed to move out only for one form of daily exercise and essential shopping.

The measures have been in place since March 23 to try and flatten the curve of the rising number of cases of COVID-19, the UK death toll from which reached 29,427 on Tuesday the highest number of virus deaths in Europe. However, figures from the Office for National Statistics (ONS), which includes deaths where the virus is suspected and not just where tests have been carried out, brings the total number even higher to 32,375.

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Donald Trump thinks COVID-19 fight's over?

The Trump administration has initiated talks on winding down the White House Task Force on COVID-19 and gradually delegating its responsibilities to the relevant federal agencies, US Vice President Mike Pence said on Tuesday. Pence leads the task force.

"As I have said before, as we continue to practise social distancing and states engage in safe and responsible reopening plans, I truly believe — and the trend lines support it — that we could be in a very different place. And by late May and early June — and that probably represents the timetable for our agencies."

President Donald Trump also confirmed the news. Asked why is now the time to wind down the task force if there could be a recurrence, he said, "Because we cannot close our country down for the next five years. The administration has learned a lot." The president noted that health experts believe there could be a recurrence but they would need to "put it out". Over 71,000 Americans have died more than 12 lakh have been infected from COVID-19 so far.

Infection rate rising
Meanwhile, the infection rate outside of New York is rising even as states move to lift their lockdowns, an Associated Press analysis found Tuesday.

New confirmed infections per day in the US exceed 20,000, and deaths per day are well over 1,000, according to figures from Johns Hopkins University.

And public health officials warn that the failure to flatten the curve and drive down the infection rate in places could lead to perhaps tens of thousands of deaths as people are allowed to venture out and businesses reopen. "Make no mistakes: This virus is still circulating in our community, perhaps even more now than in previous weeks" said Linda Ochs, director of the Health Department in Shawnee County, Kansas.

HCQ warnings ignored
Fired vaccine expert Dr Rick Bright has alleged that the US ignored the concerns of doctors over the import of hydroxychloroquine from "uninspected" factories in India and Pakistan and flooded the US with the unproven and potentially dangerous drug to treat COVID-19 patients.

Italy claims to have made vaccine that neutralises COVID-19

Italian biotech firm Takis has claimed that they have developed a vaccine that neutralises COVID-19 in human cells. According to reports, the tests conducted on mice at Rome's Lazzaro Spallanzani National Institute for Infectious Diseases showed that the vaccine generated antibodies in mice that could work on human cells too. "This is the most advanced stage of testing of a candidate vaccine created in Italy. We believe this will also happen in humans," Takis CEO Luigi Aurisicchio said.

Pak becomes 29th country with over 500 COVID-19 deaths

With a surge in the number of COVID-19 cases and deaths in the past week, Pakistan has now become the 29th country in the world where over 500 deaths have been reported. The Executive Director of National Institute of Health (NIH), Maj Gen Prof Dr Aamer Ikram said things would start improving for Pakistan in June, Dawn reported. But as things stand, he said the total number of cases in Pakistan could go up to 1,50,000. Pakistan's cabinet has given a nod to relax the lockdown restrictions after May 9.

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Tax-News.com: India, Hong Kong Sign Double Tax Deal

Hong Kong and India on March 19 signed an agreement to avoid double taxation and limit withholding tax rates on passive income at source.




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Tax-News.com: Indian GST Council Endorses GST Rate Changes For Housing

India's GST Council has decided on a number of goods and services tax regime amendments to boost the availability of affordable housing in the country.




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Tax-News.com: Switzerland, Netherlands Amend Double Tax Pact

Switzerland and the Netherlands have signed a protocol to their double tax agreement that will bring it into line with international standards.




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Tax-News.com: Netherlands-UK Synthesized Double Tax Agreement Text Released

The UK Government on January 6, 2020, released the synthesized text of the 2008 Netherlands-UK double tax agreement, as modified by the BEPS multilateral instrument.




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Tax-News.com: Netherlands Adopts COVID-19 Economic Relief Package

On March 17, 2020, the Dutch Ministry of Finance announced that the Government has adopted a package of measures intended to protect the economy from the coronavirus epidemic, including several tax changes.




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Tax-News.com: Indonesia Increases Airport Tax

Indonesia is to hike its air departure tax for Soekarno-Hatta Airport, by far the country's busiest, from March 1.




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Tax-News.com: Tax Regime Overhaul Announced In Barbados

Barbados's new government has issued a new Budget that would raise corporate and income tax rates, repeal the National Social Responsibility Levy and road tax and make other value-added tax and levy changes.




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Tax-News.com: Indonesia To Seek VAT From Overseas E-Services Providers

Indonesia's Ministry of Finance is preparing a legislative response to ensure the collection of VAT on electronically supplied services to Indonesian consumers.




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NTPC Plunges by 5%; BSE POWER Index Down 2.1%

Posted by Equitymaster
      

NTPC share price has plunged 5% and is presently trading at Rs 92.

Meanwhile, the BSE POWER Index is at 1,456 (down 2.1%).

Among the top losers in the BSE POWER Index today is NTPC (down 5.1%).

RELIANCE INFRA (up 5.0%) and THERMAX (up 0.8%) are among the top gainers today.

Over the last one year, NTPC has moved down from Rs 134 to Rs 92, registering a loss of Rs 42 (down 31.0%)..

The BSE POWER has moved down from 1,954 to 1,456, loss of 498 points (down 25.5%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were TORRENT POWER LTD (up 20.9%) and GMR INFRA (up 7.2%).

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.4%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 4.0%). The most traded stocks in the BSE Sensex are INDUSIND BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 1.3%). ZEE ENTERTAINMENT (up 5.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.73%).

NTPC Financial Update...

NTPC net profit down at Rs 14 billion for the quarter ended December 2019, compared to a loss of Rs 27 billion a year ago. Net Sales declined 2.6% to Rs 235.0 billion during the period as against Rs 241.2 billion in October-December 2018.

For the year ended March 2019, NTPC reported 151.3% increase in net profit to Rs 161.6 billion compared to net profit of Rs 64.3 billion during FY18.

Revenue of the company grew 8.7% to Rs 957 billion during FY19.

The current Price to earnings ratio of NTPC, based on rolling 12 month earnings, stands at 5.1x.

This article (NTPC Plunges by 5%; BSE POWER Index Down 2.1%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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TORRENT POWER LTD Plunges by 5%; BSE POWER Index Down 2.1%

Posted by Equitymaster
      

TORRENT POWER LTD share price has plunged 5% and is presently trading at Rs 327.

Meanwhile, the BSE POWER Index is at 1,456 (down 2.1%).

Among the top losers in the BSE POWER Index today is TORRENT POWER LTD (down 5.1%).

RELIANCE INFRA (up 5.0%) and THERMAX (up 0.8%) are among the top gainers today.

Over the last one year, TORRENT POWER LTD has moved up from Rs 255 to Rs 327, registering a gain of Rs 72 (up 28.1%)..

The BSE POWER has moved down from 1,954 to 1,456, loss of 498 points (down 25.5%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were TORRENT POWER LTD (up 20.1%) and GMR INFRA (up 7.5%).

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.3%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 4.0%). The most traded stocks in the BSE Sensex are INDUSIND BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 1.3%). ZEE ENTERTAINMENT (up 4.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.76%).

TORRENT POWER LTD Financial Update...

TORRENT POWER LTD net profit stood at Rs 4 billion for the quarter ended December 2019, compared to a profit of Rs 2 billion a year ago. Net Sales declined 5.4% to Rs 30.8 billion during the period as against Rs 32.5 billion in October-December 2018.

For the year ended March 2018, TORRENT POWER LTD reported 121.5% increase in net profit to Rs 9.5 billion compared to net profit of Rs 4.3 billion during FY17.

Revenue of the company grew 15.1% to Rs 115 billion during FY18.

The current Price to earnings ratio of TORRENT POWER LTD, based on rolling 12 month earnings, stands at 10.0x.

This article (TORRENT POWER LTD Plunges by 5%; BSE POWER Index Down 2.1%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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BHEL Plunges by 5%; BSE CAPITAL GOODS Index Down 0.9%

Posted by Equitymaster
      

BHEL share price has plunged 5% and is presently trading at Rs 23.

Meanwhile, the BSE CAPITAL GOODS Index is at 11,399 (down 0.9%).

Among the top losers in the BSE CAPITAL GOODS Index today is BHEL (down 5.2%).

SKF INDIA (up 5.2%) and SADBHAV ENGINEERING (up 4.9%) are among the top gainers today.

Over the last one year, BHEL has moved down from Rs 64 to Rs 23, registering a loss of Rs 40 (down 63.3%)..

The BSE CAPITAL GOODS has moved down from 17,932 to 11,399, loss of 6,533 points (down 36.4%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HONEYWELL AUTOMATION (up 12.2%).

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.7%). The top gainers among the BSE Sensex stocks today are HUL (up 3.8%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 0.8%). DR. REDDYS LAB (up 4.3%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.27%).

BHEL Financial Update...

BHEL net profit down at Rs 2 billion for the quarter ended December 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 22.6% to Rs 56.8 billion during the period as against Rs 73.4 billion in October-December 2018.

For the year ended March 2019, BHEL reported 44.1% increase in net profit to Rs 11.9 billion compared to net profit of Rs 8.3 billion during FY18.

Revenue of the company grew 5.3% to Rs 304 billion during FY19.

The current Price to earnings ratio of BHEL, based on rolling 12 month earnings, stands at 21.6x.

This article (BHEL Plunges by 5%; BSE CAPITAL GOODS Index Down 0.9%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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M&M Plunges by 5%; BSE AUTO Index Down 1.6%

Posted by Equitymaster
      

M&M share price has plunged 5% and is presently trading at Rs 408.

Meanwhile, the BSE AUTO Index is at 12,741 (down 1.6%).

Among the top losers in the BSE AUTO Index today is M&M (down 5.0%).

MOTHERSON SUMI (up 2.1%) and ASHOK LEYLAND (up 0.9%) are among the top gainers today.

Over the last one year, M&M has moved down from Rs 636 to Rs 408, registering a loss of Rs 228 (down 35.8%)..

The BSE AUTO has moved down from 18,491 to 12,741, loss of 5,750 points (down 31.1%) during the last 12 months.

The top gainers among the BSE AUTO Index stocks during this same period were MRF LTD. (up 11.6%) and BALKRISHNA INDUSTRIES (up 4.3%).

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.7%). The top gainers among the BSE Sensex stocks today are HUL (up 4.0%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 0.8%). DR. REDDYS LAB (up 4.3%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.24%).

M&M Financial Update...

M&M net profit down at Rs 3 billion for the quarter ended December 2019, compared to a loss of Rs 11 billion a year ago. Net Sales declined 5.5% to Rs 123.5 billion during the period as against Rs 130.7 billion in October-December 2018.

For the year ended March 2019, M&M reported 4.8% increase in net profit to Rs 44.3 billion compared to net profit of Rs 42.2 billion during FY18.

Revenue of the company grew 12.3% to Rs 1,047 billion during FY19.

The current Price to earnings ratio of M&M, based on rolling 12 month earnings, stands at 8.8x.

This article (M&M Plunges by 5%; BSE AUTO Index Down 1.6%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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PRESTIGE ESTATES Plunges by 5%; BSE REALTY Index Down 0.8%

Posted by Equitymaster
      

PRESTIGE ESTATES share price has plunged 5% and is presently trading at Rs 169.

Meanwhile, the BSE REALTY Index is at 1,345 (down 0.8%).

Among the top losers in the BSE REALTY Index today is PRESTIGE ESTATES (down 5.4%).

GODREJ PROPERTIES (up 2.8%) and MAHINDRA LIFESPACE (up 1.8%) are among the top gainers today.

Over the last one year, PRESTIGE ESTATES has moved down from Rs 263 to Rs 169, registering a loss of Rs 94 (down 35.7%)..

The BSE REALTY has moved down from 1,983 to 1,345, loss of 638 points (down 32.2%) during the last 12 months.

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.9%). The top gainers among the BSE Sensex stocks today are HUL (up 4.6%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 0.7%). HUL (up 5.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.15%).



This article (PRESTIGE ESTATES Plunges by 5%; BSE REALTY Index Down 0.8%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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Tax-News.com: Luxembourg Adopts Anti-Tax Avoidance Law

On December 18, 2018, Luxembourg's parliament approved legislation that will implement the European Union Anti-Tax Avoidance Directive.




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Tax-News.com: Luxembourg Ministers Endorse EU VAT 'Quick Fixes'

Luxembourg's Government Council, comprising government ministers, has approved legislative changes to the territory's VAT regime to introduce the four quick fixes to improve the functioning of VAT rules in the European Union.




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Rupee vs dollar: Rupee rises 45 paise to 75.27 amid weak dollar, fund inflows

At the interbank foreign exchange, the rupee opened at 75.36, then gained ground to touch 75.27, registering a rise of 45 paise over its previous close




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Coronavirus lockdown: It's Delhi vs Bihar on who pays the train fare for migrant workers

According to a PTI report, all state governments except Maharashtra have been paying for the railway costs to ferry passengers to their native places




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FM Sitharaman says Rs 18,253 crore disbursed under PM-KISAN scheme during lockdown

The FM also said that about three crore farmers with agricultural loans totaling Rs 4,22,113 crore availed the benefit of the 3-month loan moratorium announced by the Reserve Bank of India (RBI) in March




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Fighting COVID-19 with facts not fear: How India can get back to work after coronavirus lockdown

Under complete lockdown less than a quarter of India's $2.8 trillion economy is functional. We are expected to lose over Rs 32,000 crore ($4.5 billion) every day during the lockdown




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Coronavirus crisis: How will Indian auto industry change post COVID-19 lockdown

With most auto-stocks down by nearly 40-70% since February 2020, the post-COVID-19 scenario might see consumers move away from all forms of shared mobility to more personal forms of transport




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Coronavirus impact: What Indian companies need to do to survive in a post COVID-19 world

Companies' success in the next 18 months won't be determined by their growth or profitability, but merely by their ability to survive and not run out of cash




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Tax-News.com: London On-Water Boat Show To Open In May

The organizers of last year's St Katharine Docks On-Water Exhibition have announced that they are planning an event this year, on May 4-7, that will be double the size of last year's, renamed as "The London On-Water Yacht and Boat Show."




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Tax-News.com: EFTA States Conclude Georgia FTA, Begin Ecuador Talks

The member states of the European Free Trade Association signed a free trade agreement with Georgia during a meeting on June 27, 2016.




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Tax-News.com: EU Expected To Adopt New Fuel Marker To Prevent Fraud

New chemical markers intended to be used in gas oil (diesel) and kerosene in the EU are more resilient to fraud than the one currently applied, and introducing a new marker might cost less than member states currently lose in tax revenues, a new EU report says.