Bloomberg The number of acutely food insecure people in East Africa and the Horn of Africa is likely to increase to between 34 million and 43 million from May through July due to the socio-economic impact of the coronavirus pandemic, according to the World Food Programme. “The most vulnerable and at risk are poor, urban communities living hand-to-mouth in informal ...

Bloomberg Mumbai, India’s financial hub and the epicenter of the nation’s coronavirus outbreak, is converting several of its iconic structures into quarantine facilities as it races to prepare for a predicted peaking of infections this month. From a new hospital being built just a short stroll away from the US Consulate building and the India offices of Citigroup Inc to ...

Bloomberg Carnival Corp. was cut to junk by Moody’s Investors Service amid a prolonged suspension of the cruise company’s operations because of the Covid-19 pandemic. Moody’s assigned the company a Ba1 rating, the highest junk grade, and lowered its rating on Carnival’s senior unsecured notes by one notch to the same level. It said in a statement Monday that Carnival’s ...