Seek news on
InfoAnda
powered by
Google
Custom Search

Last text search :
2016 wso 2.5 rw-r
2017 #1 smp wso rw-r

wso-drwxr-xr-x-smp.php-(writeable).php
2017 #1 smp wso rw-r
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php


Sunday, 3 May 2009 - Swine flu could worsen global recession: analysts
  • Pakistanis angry over detentions in Times Sq. case
    Monday, May 24, 2010
    ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
    They
  • Taiwan denies boycotting Australian film festival
    Thursday, August 6, 2009

    AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
  • Merkel's support dips, regional ally resigns International
    Thursday, September 3, 2009

    By Sarah Marsh and Noah Barkin

    BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
  • Minister seeks closure of anti-Berlusconi websites
    Wednesday, December 16, 2009
    ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
  • Asian markets mixed after Wall Street rally
    Wednesday, March 18, 2009

    By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
  • Israel blocks bid by Arab MPs to break Gaza blockade | 7 December 2008
  • Lebanon's Clerics Attack Domestic Violence Law | 26 June 2011
  • Cameron says Euro needs single government: report | | 9 May 2012
  • China urges restraint as tensions mount between two Koreas | | 20 October 2012


    ">Forum Views () ">Forum Replies ()

    Read more with google mobile : Swine flu could worsen global recession: analysts

    Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Swine flu could worsen global recession: analysts AFP - Sunday, May 3 SINGAPORE (AFP) - - The swine flu outbreak could shatter fragile signs of a global economic rebound, but the gravity of its impact depends on the death toll it inflicts and the panic it generates, analysts said. ADVERTISEMENT For Asia, where some countries are in recession, the crisis has revived memories of the severe acute respiratory syndrome (SARS) outbreak in 2003 that killed hundreds, halted travel and sent economies reeling. Asia's first case of the A(H1N1) virus was confirmed in Hong Kong Friday, the epicentre of the 2003 SARS outbreak when close to 300 people died. "The global economy faces yet another huge challenge," research firm Moody's Economy.com said in a market analysis. "The recent outbreak of swine flu in Mexico and its rapid spread to other countries could interrupt trade and investment, exacerbating the worldwide recession for an uncertain period." The World Health Organization has raised its flu alert level to five out of six, signalling a pandemic was "imminent" as more nations announced cases. At least 19 confirmed deaths from the virus have been reported in Mexico and one death in the United States. If the swine flu outbreak is similar to SARS, the impact will be sharp but would last only for several months, economists said. "The risk here is if swine flu is actually more lethal than SARS and containment measures are not effective," Leong Wai Ho, a Singapore-based regional economist with Barclays Capital, told AFP. "Under that scenario, the impact is likely to be prolonged and more profound." Song Seng Wun, a regional economist with CIMB-GK Research, said swine flu could stamp out any tentative signs of recovery from the worst global economic crisis since the Great Depression. "If it stays as a flu bug... perhaps it may not do too much damage to the current signs of stabilisation," he said. "But if things were to take a turn for the worse, the early shoots of recovery may be snuffed out." Song said business confidence has begun to show signs of revival after governments worldwide rolled out stimulus packages to fight the recession and some companies were starting to receive more orders. "If there's any knock to the fragile business confidence at this point, it may easily die out again," he warned. Swiss banking giant Credit Suisse said the economies most vulnerable to a fallout from swine flu would be "those having sizeable tourism, retail and transportation sectors" like Hong Kong, Malaysia, Singapore and Thailand. Moody's said the world's poorer nations, where infections might be harder to detect and treatment may not be readily available, will bear the brunt of the impact should the outbreak escalate into a pandemic. This could affect efforts to reduce poverty, Moody's said. For more developed economies like Singapore, Hong Kong and Taiwan, "weak confidence may be a bigger threat than the disease itself," it added. Private consumption, a key economic growth driver after exports have fallen, could suffer if swine flu forces people to stay indoors. This could hinder an economic rebound in the same way as SARS, which came as the region recovered from the impact of the technology crash in 2001 and the Bali bombings in 2002, analysts said. "The economic effects of consumers and travellers staying at home will most likely be larger than the costs of fighting the virus," Moody's said. Economists said that Asia and other major economies such as the United States and European nations are better prepared now to tackle the threat. "For a start, swine flu appears to respond well to treatment using existing drugs," said London-based Capital Economics, noting that most of the deaths have been in Mexico where the health care system is relatively poor. "Secondly, the world is now much better prepared to deal with these sorts of crises, thanks to the experience of SARS and persistent threat of avian flu," the research consultancy said. It noted that the main economic damage so far "has typically come from panic measures to control a potential pandemic rather than the impact of the disease itself." Email Story IM Story Printable View Blog This Recommend this article 0 users recommend Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy Australian treasurer warns of 'unpopular' budgetAFP - 1 hour 18 minutes ago Asia must retool to boost domestic demand: ADBAFP - 1 hour 36 minutes ago Japan offers 38.4 bln dlrs to Asian pool: ministerAFP - 2 hours 33 minutes ago WRAPUP 1-Key Asian nations finalise details on crisis fundsReuters - 2 hours 38 minutes ago Related Articles: Business Australian treasurer warns of 'unpopular' budgetAFP - 1 hour 18 minutes ago Asia must retool to boost domestic demand: ADBAFP - 1 hour 36 minutes ago Asia needs to develop bond markets -ADB headReuters - 1 hour 40 minutes ago US-BUSINESS SummaryReuters - 1 hour 56 minutes ago Asian nations finalize $120 billion crisis fundsReuters - 2 hours 1 minute ago Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Chrysler begins court bid for quick bankruptcy exit Citigroup may need $10 bln more: report Kenyan women to sex-starve men -- for politics Swine flu spreads economic shivers Google fields low-tech wildfire prevention: goats View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

    Other News on Sunday, 3 May 2009
    Two U.S. soldiers killed in northern Iraq | International |
    Israel picks U.S. immigrant for new Washington envoy | International |
    African Union panel on Darfur will meet ICC: Mbeki | International |
    French forces grab 3 Somali pirates in Seychelles | International |
    Gates on US troop numbers in Afghanistan
    Anatomy of an `inside' ambush in Iraq
    Gunman in Iraqi army uniform kills 2 US soldiers
    Pakistan sets up Islamic court for restive region | International |
    Millionaire magnate lures poor in Panama election | International |
    Around 30 militants said killed in Afghan attacks
    GM could follow Chrysler into bankruptcy: analysts
    Gunmen kill Albanian opposition MP ahead of polls | International |
    US, Canada, Mexico call for flu not to hit trade
    Iran hangs woman convicted of murder as a minor
    Fiat boss expected to discuss Opel bid with Germany
    CORRECTED: Afghan presidential hopeful promises Talib | International |
    Israeli airstrike against Gaza tunnels kills 2
    Iran to review jail sentence of U.S.-born reporter
    Amy Winehouse hospitalised after fainting
    CORRECTED
    Iran shells Kurdish rebel positions in north Iraq
    BLM to get $300 million for stimulus projects
    Buffett offers bleak outlook for U.S. newspapers | Technology |
    Clinton returns to Oklahoma bombing site for tour
    Boston Globe gets brief reprieve from closure
    Spokeswoman: Jack Kemp, one-time VP nominee, dies
    Airman in Alaska sentenced for forced miscarriage
    At least 3 dead in Russia gas blast
    Obamas take a walk, holding hands in the evening
    Unpopular Sarkozy recasts his national role
    Tweaked about fake tweets, Idaho gov joins Twitter
    More than half L'Aquila quake homes 'habitable': Berlusconi
    Venezuela's Chavez courts Iran as US shows concern
    Chechen president denies link to exile's murder: report
    US military deaths in Iraq war at 4,284
    Mo. woman convicted of murder commits suicide
    Malaysia's 'McCurry' cheers win over McDonald's
    Judge: Mumbai attacks suspect to be tried as adult
    Pakistan: Islamic appellate court formed
    Sri Lanka rebels ask British, French to seek truce
    Asia reports no new swine flu cases
    'Draconian' powers seen to contain swine flu
    Pacquiao knocks out Hatton for historic triumph
    Global Weather-Celsius
    60 years after WWII, Okinawa still rife with bombs
    Asia must retool to boost domestic demand: ADB
    Pakistan sets up Islamic court for restive region
    Japan offers 38.4 bln dlrs to Asian pool: minister
    Swine flu could worsen global recession: analysts
    Comedian Robert Schimmel arrested in assault case
    Review: Welser-Moest gives magic to Wagner
    WWOZ gives New Orleans Jazz Fest to the world
    Girl's father does not want Madonna to adopt her
    Irish recession strains marriages: church
    `Wolverine' has box-office bite with $35M debut
    Nepal Maoists sack army chief | International |
    Egypt pig farmers clash with police over slaughter
    U.S. urges calm after three die in south Yemen clashes | International |
    Israel considers pullout from Lebanon border village
    Berlusconi's wife wants to file for divorce: press | International |
    Israel's Lieberman off to Europe amid tensions
    Iraqi forces arrest U.S.-allied militia leader | International |
    Father rejects Madonna's adoption bid: report
    Pakistan's Imran Khan barred from Karachi | International |
    Afghan music school emerges from ruins
    Six climbers killed in Austria Alps avalanche | International |
    Obama set for 'intense' Pakistan, Afghan summit
    Zimbabwe orders school fee cuts as economy struggles | International |
    Ethanol test for Obama on climate change, science
    Israel considers pullout from Lebanon border village | International |
    Medvedev brings new style to the Kremlin | International |
    NATO games in Georgia draw fire from Russia | International |
    Cautious optimism on flu but US 'not out of woods'
    Ethanol test for Obama on climate change, science
    THE INFLUENCE GAME: Lobbyists prosper in downturn
    Iran: US journalist's case will get fair review
    SC search for missing NY teen turns up no clues
    Canadian party taps Ignatieff as leader
    Times Co., Boston Globe unions resume negotiations
    Cause not yet known in 28-injury tour bus wreck
    2 win Alaska betting game, guess river ice breakup
    Afghan rights chief fears vote fraud against women
    Key party quits Nepal's coalition government
    Taliban behead two Pakistani officials in Swat
    Pakistan creates Islamic court
    Sydney police rescue alleged burglar from rooftop
    Mexico sees swine flug coming under control
    HBO's Alzheimer's series aims to push for cure | Entertainment |
    Philippine rebels attack plantation, 9 wounded
    Rights chief warns of Afghan vote fraud
    Nepal's prime minister fires army chief
    Brazil films shown in NY examine slums, hunger | Entertainment |
    ASEAN, China, Japan, SKorea finalise crisis pact
    Asia urged to rethink growth policies amid crisis
    'Best job' contenders arrive on Aussie island
    Greece at new risk of being pushed off euro
    Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
    Female Breasts Are Bigger Than Ever
    AMD Trinity Accelerated Processing Units Now in Volume Production
    The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
    AMD to Start Production of piledriver
    Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
    Islamists Protest Lady Gaga's Concert in Indonesia
    Japan Successfully Broadcasts an 8K Signal Over the Air
    ECB boosts loans to 1 trillion Euro to stop credit crunch
    Egypt : Mohammed Morsi won with 52 percent
    What do you call 100,000 Frenchmen with their hands up
    AMD Launches AMD Embedded R-Series APU Platform
    Fed Should not Ignore Emerging Market Crisis
    Fed casts shadow over India, emerging markets
    Why are Chinese tourists so rude? A few insights

    [InfoAnda] [Home] [This News]



    USD EUR - 1 year graph

    BlogMeter 1.01