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Poorer nations need their own pandemic toolkit

With death rates beginning to peak in Western countries, the epicenter of the coronavirus crisis is moving towards the developing world. Yet bare hospitals, armies of informal workers and sprawling slums mean the poorest nations have struggled to pull down the shutters. Experiences in Asia and elsewhere suggest that limiting chaotic mass migration to rural areas can be a start. ...

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Virus derails Myanmar’s move to open stock market to foreigners

Bloomberg The novel coronavirus outbreak has derailed Myanmar’s move to open its stock market to foreign investors. Only two of the country’s five listed securities have attracted international traders since rules were relaxed on March 20, leaving their foreign-shareholding ratios at minimal levels. Officials had hoped to attract funds from both expatriates and non-resident foreigners. “After two trading days when ...

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Canadian stocks see biggest weekly gain since 2009

Bloomberg Canada shares rose, capping the biggest one-week advance since January 2009 despite a record plunge in employment in the country and another surge in jobless claims in the US. Investors focused instead on another dose of economic support south of the border. The S&P/TSX Composite index climbed 1.7%, bringing the weekly gain to 9.5%, the biggest since January, 2009, ...

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