Category: Corona

Due to the coronavirus pandemic, the global economy will shrink dramatically this year: the international monetary fund (IMF) expects the worst global recession in almost a century.

Global economic output could fall by 3 percent in 2020, and by as much as 7.5 percent in the euro zone, according to the IMF’s latest global economic forecast. In january, the IMF was still forecasting global growth of 3.3 percent for 2020, with the euro zone expected to grow by 1.3 percent.

Ride-hailing services uber and lyft have won a last-minute reprieve from a california law that requires drivers to be treated as employees rather than independent contractors.

Lyft had already announced that it would suspend operations in the u.S. State at midnight because the new regulations would then take effect. Uber also had a stop in sight.

State-trimmed lufthansa must shrink even more than initially planned in the corona crisis.

Due to weak demand and ongoing travel restrictions, at least 150 aircraft in the group’s fleet will be permanently grounded and thousands of additional jobs will be eliminated, the company announced in frankfurt on monday. The mdax group also wants to cut every fifth management position and rent 30 percent less office space in germany.

The majority of germans are against a relaxation of the contact ban to contain the corona pandemic. In a poll conducted by the opinion research institute yougov on behalf of the german press agency, 44 percent favored an extension of the restrictions over the 19. April, 12 percent are even in favor of tightening the restrictions.

Only 32 percent are in favor of relaxing and 8 percent of abolishing the restrictions imposed by the federal and state governments. 5 percent did not give any information.

In a fire in a hospital for corona patients in st. Petersburg five people have died this tuesday. According to the interfax agency, these were patients who were connected to ventilators in the intensive care unit.

150 patients and employees were brought to safety on other floors of the clinic. The fire broke out on the sixth floor.