Coronavirus

coronavirus across the world has focused metals markets on the risks to demand, causing prices to plummet, but so far investors have largely ignored the mounting threats to supply.A hint of what may be coming was South Africa's decision on Monday to impose a 21-day nationwide lockdown to try and contain the epidemic, a move that will affect the nation's mines.South Africa is the world's largest producer of platinum, the second-largest of palladium and is also a major exporter of thermal coal, iron ore and gold.The country dominates global platinum production, with its output of about 130 tonnes in 2019 nearly six times more than the next biggest producer, Russia.Like most metals, platinum had been hit hard by the sell-off as the coronavirus spread from its source in China to Europe and North America, prompting several nations to shut down much of their economies to contain the disease.Spot platinum fell 46% from its peak this year of $1,041.05 an ounce to its low of $558 on March 16, … [Read more...] about Coronavirus supply disruptions are the next worry for metals

“We have slashed our GDP forecast for this fiscal year to - 10.5%, a huge revision of - 5pp (percentage points) compared to the June GEO. We expect the shortfall of activity relative to our pre-virus forecast to be 16% by early 2022,” Fitch said. … [Read more...] about Coronavirus | Indian economy to contract 10.5%, says Fitch Ratings

Sunny Leone is busy living it up in Los Angeles, going for hikes, painting with her children and basking in the hot LA sun sporting her gorgeous swimwear collection. The Bollywood actor has been posting about her lockdown life amid the coronavirus pandemic on social media, and in her latest post she is seen standing by the pool wearing a simple yet stunning black swimsuit with a plunging neckline. Sunny’s nails were painted a pale blue, her wet hair tucked under a straw-coloured hat, sporting a lipstick from her own line, Starstruck by Sunny Leone. This is one of the many swimsuits that the Jism 2 actor has flaunted on her social media from her enviable collection. And while swimming at the beach may be a distant dream for many of us, why not enjoy the sights and the feels vicariously through Sunny’s sunny posts (it had to be done). … [Read more...] about ‘Extremely hot LA weather’: Sunny Leone flaunts her enviable curves and swimsuit collection amid the coronavirus pandemic. See pics

New Delhi: Indian Air Force's C17 Global master has left for Iran to evacuate Indian stranded in the country as the coronavirus pandemic spreads in the west Asian country on Monday (March 9, 2020).  … [Read more...] about Coronavirus outbreak: Indian Air Force’s C17 leaves for Iran to evacuate stranded Indians

The Assembly Speaker urged the MLAs that instead of attending the session, they should home quarantine themselves if they experience any influenza-like illness (ILI) symptom. Parmar also urged them to get themselves to undergo thermal screening while entering the Assembly complex. … [Read more...] about Coronavirus | Speaking loudly could also help spread virus, H.P. Assembly Speaker tells MLAs