The coronavirus outbreak has more complex impact on the global economy than 2008 global economic pressure fueled by US investment bank Lehman Brothers’ bankruptcy. This was stated by Indonesian Finance Minister Sri Mulyani Indrawati. The coronavirus (Covid-19) outbreak has put direct pressure on individuals and not through the financial sector as in 2008, the minister noted at the Presidential Palace in Jakarta on Thursday (5/3). The direct pressure on individuals has disrupted economic and other activities of the community, including the closure of schools and factories, thereby resulting in a delay in the realization of public activities, including production, as quoted by Antara. The short-term impact of the 2008 global economic pressure only touched financial service institutes, while the coronavirus outbreak has a real impact on public activities, including the economy. (Ant)
PHOTO : VOI-NUKE
Canadian Embassy in Indonesia and its mission for Association of Southeast Asian Nations or ASEAN are organizing Speed Mentoring for Women professional, the future leader of Indonesia.
The event is held in the residence of Canadian ambassador in Indonesia, Cameron MacKay, Thursday, March 5th to celebrated The International Women Day.
Ambassador MacKay said Canada is committed to empowering women to become leader.
"Let me say that Canadian government is committed to a feminist foreign policy, to a feminist international assistance policy. I think Prime Minister Trudeau was very clear when he took off as in 2015 and he appointed 50 percents of ministers in his cabinet were female. He was very clear he wanted feminism to be a key part of his government mandate. And we're following up on that today by helping to generate the next generation of women leaders in Indonesia" Ambassador said.
Ambassador MacKay said that women participation in any societies is very important for economic and competitiveness. This speed mentoring is opportunity for mentor and participants to share their insights, experiences dan suggestions to overcome any obstacles. In this event the women professional could discuss many ways to support each other.
Canadian Embassy is providing 12 mentors that is leader in many fields such as diplomats, businesses and non government organization. There are Sweden Ambassador Marina Berg, Ireland Ambassador Olivia Leslie, businesswoman Shinta Kamdani from Indonesian Chamber of Commerce and Industry, Alissa Wahid from Wahid Institute and the famous Chef Farah Quinn//NK
UK airline Flybe has gone into administration, putting 2,000 jobs at risk after a bid for fresh financial support failed. The carrier said the impact of the coronavirus outbreak on demand for air travel was partly to blame for its collapse. As quoted by BBC.com (05/3)Its website now advises customers to "not travel to the airport" unless they have arranged an alternative flight. Exeter-based Flybe narrowly avoided going bust in January. In a letter to the airline's staff, chief executive Mark Anderson said: "Despite every effort, his side now has no alternative - having failed to find a feasible solution to allow us to keep trading. In response to the collapse, the UK government said it was ready to help Flybe's workers find new jobs and will work with other airlines to replace services: //bbc.com // ===
The International Monetary Fund has announced $50bn (£39bn) in funding for countries hit by the coronavirus. The organisation also warned that the outbreak had already pushed this year's global economic growth below last year's levels. As quoted by BBC.com (05/3) the emergency measure came after the virus has spread rapidly outside China to more than 70 countries. This week governments and central banks around the world have taken action to ease the impact of the virus. The IMF said it is making the money available to help poor and middle-income countries with weak health systems respond to the epidemic. At the same time the fund said the spread of the coronavirus has erased expectations of stronger economic growth this year, and will push 2020 global output gains to their slowest rate since the financial crisis in 2008. //bbc.com//===