Month: March 2020

Energy Law Firm offers support to businesses affected by the Covid-19 Pandemic and the oil industry crisis Our firm will offer assistance to local services companies in our countries of operation on contractual disputes, employment issues and compliance matters JOHANNESBURG, South Africa, March 24, 2020/ — Recognizing the toll that the Covid-19 Pandemic has taken on the oil and gas…

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Karachi, 25th March-2020: Playing its role in facilitating the nation and its institutions to fight the Coronavirus pandemic, JS Bank, has introduced financing of up to Rs. 200 million to hospital and medical centers, for the purchase of equipment to detect, contain and treat patients infected by COVID-19. Under this State Bank designed scheme, all medical centers registered with federal…

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GE Healthcare today provided two updates on its continued efforts to support clinicians, governments and the broader healthcare community in the fight against the coronavirus (COVID-19). GE Healthcare and Ford Motor Company will work together to scale the production of ventilators, arming clinicians with medical equipment important in the treatment of COVID-19 patients. Through this collaboration, Ford will provide its…

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ISLAMABAD: Pakistan is facing growing calls to declare force majeure in its liquefied natural gas (LNG) deal with Qatar following a sharp dip in consumer demand in the wake of coronavirus-related lockdown. Officials told The Express Tribune that different quarters were discussing and suggesting that Pakistan should declare force majeure in its long-term deal with Doha in order to halt imports…

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Governments and financial institutions are under growing pressure to make economic bailouts designed to counter the coronavirus pandemic dependent on climate action in the longer term.  Over the last week, hundreds of billions of dollars worth of stopgap measures have been announced to fight the coronavirus and limit economic shortfalls. In the US, industries are scrambling for a share of a $1…

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The announcement was followed by a force majeure declaration that affects the Mundra LNG terminal, owned by GSPC and Adani. The force majeure is in effect from 7 am India time (0130 GMT) on March 22, 2020, according to the company’s official notice. “Port hereby notifies the Force Majeure event wherein port will not be responsible for any claims, damages,…

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Decades of chronic underfunding of water infrastructure is putting many countries at worse risk in the coronavirus crisis, with more than half the global population lacking access to safely managed sanitation, experts said as the UN marked World Water Day on Sunday. Good hygiene – soap and water – are the first line of defence against coronavirus and a vast range of…

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Italy has gone full “Wuhan” with a massive lockdown across the country amid a virus crisis that has paralyzed its economy. So far, 63,927 confirmed cases of COVID-19 had been reported, with 6,077 deaths. The Italian economy is being dragged into a depression as the fast-spreading virus cripples its northern regions, forcing the government to ban travel and close all industrial production across the country. The impact of the…

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In New Delhi, a fruit vendor whose sales have dropped by half now dilutes the milk she serves to her five children. In central Turkey, a company that runs hot air balloon rides for tourists has banished its 49 employees to indefinite leave while cutting their wages by half. In Manila, a bartender for an international cruise line finds himself…

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