Tag: pandemic

Flattening the curve: Finance and the pandemic of gender-based violence

With the world staying home due to COVID-19, we see a rise in gender-based violence (GBV), including domestic violence. Recently, the UN reported that Lebanon and Malaysia, for example, have seen the number of calls to helplines double since this time last year; in China they have tripled, and in Australia, search engines are seeing the highest number of searches for domestic violence help in the past five years.

As the global pandemic of violence against women and girls is addressed with the combined efforts of many organizations and individuals – recognizing specifically the many women’s networks on the frontlines – it is also important to focus on the opportunities COVID-19 presents for economic and financial systems to build solutions and mitigate violence as active partners.

Finance is one of the most powerful systems on earth, and investment decisions about private and public funds are based on an analysis of

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COVID-19: Finance professionals worry over impact of the pandemic on businesses

Finance professionals working in organizations, large and small in the public and private sectors, have expressed deep concerns about the impact of Covid-19 on people, productivity and cashflow of businesses.

The dreaded disease which the World Health Organisation has described as a global health emergency, is taking toll on families and their businesses, leading to pay cuts and posing threat to job security.

A  new global research conducted by Association Of Chartered Certified Accountants (ACCA) among 10,000 finance professionals, including an expert panel of 227 in Nigeria turned out startling revelations.

Respondents in Nigeria say the most severe impact of the virus is employee productivity being negatively affected, with 55 percent saying this was the case, followed by cash flow problems hitting business viability.

33 percent of the respondents, according to the research, stated that the virus is really an impact while  a third of the respondents explained they were

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U.S. weekly jobless claims top 6 million amid coronavirus pandemic – National

The number of Americans filing claims for unemployment benefits last week shot to a record high for a second week in a row — topping 6 million — as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.

READ MORE: The Canada Emergency Response Benefit for COVID-19 — who’s eligible and how to apply

Thursday’s weekly jobless claims report from the Labor Department, the most timely data on the economy’s health, reinforced economists’ views that the longest employment boom in U.S. history probably ended in March.

Coronavirus outbreak: Trump says there’s plenty of ventilators, big order of medical supplies made to Walmart

Coronavirus outbreak: Trump says there’s plenty of ventilators, big order of medical supplies made to Walmart

Initial claims for state unemployment benefits surged 3.3 million to a seasonally adjusted 6.6 million for the week ended March 28,

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