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16 Mar 2020

WHO's Tedros: Very serious weaknesses globally in terms of preparedness

"Globally, we have a very very serious weakness in terms of preparedness," World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus said on Monday. "We need to invest to minimise risk from outbreaks."

Tedros reiterated that they are advising countries to stick to the containment strategy, which is showing results in China, South Korea and Singapore. 

"The financial support received for COVID-19 is really encouraging, the WHO is getting close to funding it had sought," Tedros further noted.

Flight to safety

Risk aversion continues to dominate the financial markets on Monday. As of writing, Wall Street's three main indexes were all down more than 8% and the 10-year US Treasury bond yield was erasing nearly 22% at 0.767%.

Mar 16, 2020

G7 leaders: Mobilizing full range of instruments, including monetary and fiscal measures

In a statement published following Monday's meeting, G7 leaders said that they are mobilizing the full range of instruments, including monetary and fi
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Mar 16, 2020

NZD/USD recovers to 0.6130 but failed to hold above 0.6100

The NZD/USD pair dropped to test daily lows and rebounded, rising to 0.6131. As of writing, was trading at 0.6090, modestly higher compared to Friday’
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