Italy has adopted seemingly draconian measures to stop the outbreak of Covid-19 that has killed 500 people in the country so far and [the number of virus cases soared by 25% to 9,172 on March 09]. [Italy imposed national restrictions on its 60 million people to control the coronavirus on Tuesday.] Initially, the government had announced the lockdown of northern ...

Bungling the rescue of a bank that has more than $20 billion in deposits is probably the costliest own goal India has scored since its foolish November 2016 ban on most currency notes. Arm-twisting government-controlled State Bank of India to inject capital into failing Yes Bank Ltd was the only option left for New Delhi. But the halfhearted bailout just ...

You may not have been exposed to the new coronavirus yet, but you’ve almost certainly been exposed to an adjacent contagion. Maybe you’ve even helped spread it. It might be retweeting Australian complaints about supermarkets sold out of hand sanitiser. Liking Gwyneth Paltrow’s Instagram post of herself in a face mask. Scrolling agog through Facebook photos from a friend in ...