Tag: fears

Coronavirus restrictions: Australia fears more suicides

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Coronavirus restrictions: Australia fears more suicides

Psychological stress and financial hardship caused by the coronavirus crisis could drive thousands of Australians to suicide, far more than the victims of the disease itself, experts in Sydney warned on Thursday. The Center for the Brain and Mind of the University of Sydney has estimated that an additional 750 to 1,500 suicides may occur ….  Read More

World Bank Fears Historic Drop in Migrant Money Transfers

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World Bank Fears Historic Drop in Migrant Money Transfers

In front of a Western Union office, in Beirut (Lebanon) on April 23. MOHAMED AZAKIR / REUTERS One of the primary sources of funding for poor countries is drying up. According to calculations by the World Bank, published on Wednesday April 22, migrants’ money transfers to their countries of origin could decrease by 19.7% in ….  Read More

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Fears of second wave of job losses as coronavirus crisis hits Australian construction industry | News from Australia

A second wave of job losses from the coronavirus pandemic could hit the Australian economy as construction and construction activity slows and housing projects dry up. Tradies reports residential projects are on hold because homeowners worry about job security and cash flow, unions warn that some larger construction projects are on hold, particularly in New ….  Read More