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BREAKING
At least 3 people killed in explosions at federal police headquarters in Pakistan's Peshawar, terror attack not ruled out
Al Mayadeen's Beirut Bureau Chief Roni Alfa: This Israeli aggression says that issue of negotiating with Lebanon is not on table, and that "Israel" will not abide by Resolution 1701.
Al Mayadeen's correspondent: Preliminary casualty toll of Israeli aggression on Southern Suburb of Beirut now at one martyr, 21 wounded.
Ammar: Palestinian experience shows that settlements and talk of peace cannot emanate from enemy that blatantly declares its intent to expand.
Ammar: Unfortunately, enemy is emboldened to commit its aggression by voices within Lebanon that have turned themselves into tools that support its aggression.
Ammar: We are in a full-fledged battle with enemy, and walk at a different pace; we will set the time [for a response].
Ammar: Resistance dealing with utmost wisdom, patience, and will confront this enemy at appropriate time.
Ammar: Any attack on Lebanon is violation of red lines, this aggression is part and parcel of entity which targets Lebanon's dignity, sovereignty, and security of citizens.
Lebanese MP Ali Ammar from attack site: Israeli aggression has attacked entirety of Lebanon since Washington-sponsored ceasefire.
Israeli media citing senior US official: We were not informed prior to strike, but as it was underway.

India's Economy Battered by COVID-19

  • By Al Mayadeen
  • Source: The New York Times
  • 2 Sep 2021 14:16
1 Min Read

Economists are particularly concerned about the slow rate of vaccinations and the possibility of a third wave of the virus, which could be disastrous for any economic recovery.

  • x
  • A checkpoint during the lockdown in West Bengal, India
    A checkpoint during the lockdown in West Bengal, India

Economic experts expect that the growth rate in India to pick up in the second half of this year. However, the damage caused by the corona epidemic could take several years to wear off, as reported by the New York Times. 

According to the Indian credit rating agency, economic results were 9.2 percent lower in the April to June period of the current year than in 2019 before the outbreak of the pandemic. Millions have lost their jobs since then.

This year has seen improvements over last year's lockdowns, with gross domestic product rising by 20 percent from April to June 2021, according to government estimates released late Tuesday.

However, economic experts are particularly worried about the slow rate of vaccination and the possibility of an economic recovery in the third wave of the virus.

The coronavirus has essentially robbed India of much of the momentum it needs to create jobs for its young, fast-growing workforce. Pressure is mounting on Prime Minister Narendra Modi to get the country back to work.

  • India
  • COVID-19

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