World
Covid pushed nearly 5 million more in Southeast Asia into extreme poverty, says Asian Development Bank
A man ties up used cardboard boxes he salvaged to sell for recycling in Jakarta, Indonesia. Bay Ismoyo | Afp | Getty Images Southeast Asia is grappling with high poverty levels as recurring waves of Covid-19 have dealt a blow to the region’s labor market, said the Asian Development Bank. Last year, the pandemic pushed […]
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BlackRock’s Rieder sees more downside in the short term and is holding more cash than usual
BlackRock’s Rick Rieder said stocks still have a ways to fall in a period of uncertainty, but they should be higher at the end of the year. Source
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The rise (and fall?) of the Covid-19 testing industry
The multi-billion dollar Covid-19 testing industry emerged practically overnight to meet sudden demand for coronavirus tests. But with Covid-19 testing requirements now easing, what does its future look like? The Covid-19 testing industry sprung up almost overnight. There was an overwhelming demand for tests around the world, and entrepreneurs reacted quickly – pouring money into hiring staff, […]
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