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List of Nations Affected by Coronavirus in Euro-area

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  • List of Nations Affected by Coronavirus in Euro-area

With coronavirus rising across Europe as the world struggles to curb a new outbreak that could hurt global growth in 2020 and plunge Italy into an economic recession, here is the list of nations affected by the Novel Coronavirus.

– ITALY –
With 14 deaths and 528 infections, Italy is by far the European country worst affected by the COVID-19 outbreak. It has also been a point of contagion with many cases in other countries involving people who returned home after travelling in infection-hit areas of northern Italy.

Israel on Thursday began turning away foreign nationals who arrived on flights from Italy to contain the virus’s spread.

– GERMANY –
In Germany, 26 people have been infected, including 10 diagnosed since Tuesday. Fourteen of the 26 work for an equipment manufacturer in Bavaria, and were infected by a colleague returning from China. Several hundred people are quarantined in their homes.

– FRANCE –
France has so far registered 18 infections and two deaths, and has urged its nationals to delay travel to virus hotspots in northern Italy. Students returning from China, Singapore, South Korea and the Italian regions of Lombardy and Veneto are asked to remain at home for two weeks after their return.

– SPAIN –
Spain has registered 17 cases – 15 of them since Monday. Twelve are linked to Italy.

They include four Italians who were visiting Tenerife in the Canary Islands. The hotel where they were staying has been quarantined.

Three cases have been registered on the Spanish mainland, including one man in serious condition in the Madrid region.

– BRITAIN –

Britain has thus far recorded 15 cases, including two announced on Thursday: one patient had been in Italy and the other in Tenerife. The government has requested travellers returning from affected areas in northern Italy, China, South Korea and Iran to isolate themselves and inform authorities.

– SWITZERLAND –
Switzerland has registered four cases since Tuesday, including a man in his 70s who was infected near Milan.

– RUSSIA –
Two infected Chinese citizens have been treated in Russia, which has also repatriated and quarantined eight passengers from the Diamond Princess cruise ship, of whom three have tested positive.

– AUSTRIA –
A 72-year-old man in Vienna tested positive on Thursday, making him Austria’s third case after an Italian couple, both 24, tested positive on Tuesday.

The Innsbruck hotel where the Italian woman worked as a receptionist was initially placed on lockdown but the measure was lifted late Tuesday following tests. Austria has urged its nationals to avoid visiting affected areas of neighbouring Italy.

– CROATIA –
Three people have tested positive for the virus, including a young man who recently stayed in Italy and his brother. A third case was detected Wednesday in a man who works in the Italian city of Parma.

– GREECE –
Greece has announced three cases — all Greeks who had recently returned from northern Italy.

Athens announced its first infection Wednesday, a woman aged 38. Two more were announced on Thursday, including a 10-year-old.

All three affected are Greek nationals.

The authorities have cancelled carnival celebrations planned for this weekend.

– FINLAND –
Two virus infections were confirmed Wednesday — a Chinese tourist in Lapland and a second case involving a Finnish national who had recently visited northern Italy.

– SWEDEN –
Two cases have been detected so far. One was registered at the end of January: a woman who had visited Wuhan, the Chinese city where the virus emerged in December. On Wednesday, a second infection was discovered — in a man returning from northern Italy.

– BELGIUM –
One case was detected in a Belgian national who was repatriated from Wuhan in early February.

– DENMARK –
Denmark announced its first case on Thursday — a man returning from a skiing trip to northern Italy. His wife and son tested negative. He is described as not in danger, and the family is being confined to their home.

– GEORGIA –
Georgia on Wednesday announced the first confirmed case of the novel coronavirus in the South Caucasus region.

– NORTH MACEDONIA –
One case has been detected – a woman who recently returned from Italy.

– NORWAY –
Norwegian health authorities announced Wednesday the first case of the new coronavirus in the Nordic nation in someone who returned from China last week. They said the patient was not in danger.

– ROMANIA –
Romania reported its first case on Wednesday – a man who was in contact with an Italian who visited the country last week.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Real Madrid Breaks Financial Records, Posts €1 Billion Revenue Amid Stadium Overhaul

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Real Madrid's Portuguese forward Cristia

Real Madrid has announced record-breaking revenue exceeding €1 billion for the 2023/24 fiscal year.

The club’s latest financial report reveals a €1.073 billion ($1.16 billion) in revenue, a substantial 27% increase from the previous year.

This impressive growth comes despite the ongoing overhaul of the Santiago Bernabéu, which has temporarily limited its full operational capacity.

The revenue surge highlights the club’s ability to generate substantial income through various channels, including marketing and stadium operations.

Real Madrid’s success is not confined to the pitch; it has achieved significant commercial milestones.

The 2023/24 season saw the club secure its sixth UEFA Champions League title in a decade, alongside domestic triumphs in La Liga and the Super Cup.

Also, Real Madrid’s basketball team also enjoyed a stellar season, clinching the Spanish league title, King’s Cup, and Spanish Super Cup, while reaching the Euroleague finals.

Despite a decline in broadcasting revenues from La Liga, the club’s financial performance has been buoyed by increased marketing and sponsorship deals.

Notably, Real Madrid secured a new shirt sleeve sponsorship with HP, contributing to a substantial rise in marketing revenues.

The club’s EBITDA soared to €144 million ($156 million), a 71% increase from the previous year, reflecting its robust financial health and operational efficiency.

The ongoing renovation of the Santiago Bernabéu Stadium, with a total investment of €1.163 billion ($1.262 billion), is set to further enhance the club’s revenue streams.

The final phase of the renovation, including VIP areas and event spaces, is expected to be completed by the 2024/25 financial year.

This development will likely drive additional revenue growth, reinforcing Real Madrid’s financial strength.

The club’s net worth stands at €574 million ($623 million), with a modest net debt of just €8 million ($8.6 million) as of June 30, 2024.

The financial results highlight Real Madrid’s resilience and strategic acumen, particularly in managing significant investments and leveraging commercial opportunities.

“Achieving over €1 billion in revenue is a groundbreaking accomplishment for Real Madrid,” said a club spokesperson.

“Despite the challenges posed by the stadium renovation, we have successfully driven growth through innovative marketing strategies and commercial partnerships. Our focus remains on building a stronger future both on and off the field.”

As the club prepares for the 2024/25 season, the anticipated arrival of Kylian Mbappé on a free transfer is expected to further boost commercial prospects and enhance the club’s marketability.

The combination of sporting success, strategic investments, and a renovated stadium positions Real Madrid for continued financial and on-field success.

Real Madrid’s achievement reflects broader trends in football finance, where top clubs are increasingly leveraging commercial opportunities to achieve unprecedented revenue milestones.

The club’s performance sets a new benchmark for financial success in the sport and underscores its enduring global appeal.

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Singapore Tops Passport Power Rankings, Overtakes European Rivals

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Singapore has reclaimed its position as the holder of the world’s most powerful passport, surpassing European countries such as France, Germany, Italy, and Spain.

According to the Henley Passport Index, Singaporean citizens can now enjoy visa-free access to 195 destinations globally, placing the city-state at the top of the rankings.

The Henley Passport Index, which uses data from the International Air Transport Association, evaluates 199 passports and their access to 227 destinations.

The latest update sees Singapore leapfrogging previous leaders, with the European quartet and Japan now sharing second place.

In third place are Austria, Finland, Ireland, Luxembourg, Netherlands, South Korea, and Sweden, whose passport holders have visa-free access to 191 destinations.

This is the first time seven nations have occupied this spot together.

Juerg Steffen, CEO of Henley & Partners, emphasized the significance of passport strength in today’s globalized world.

“The ability to travel visa-free is more than convenience; it’s a powerful economic tool driving growth, fostering international cooperation, and attracting foreign investment.”

While Singapore rises, the United States continues its decline, now ranking eighth, a drop from its former position at the top alongside the UK a decade ago. The UK, meanwhile, has slipped to fourth place.

At the bottom of the list, Afghanistan remains the weakest passport, offering visa-free entry to just 26 destinations.

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Netflix’s Premium Plan Sees 40% Price Hike Amidst Nigerian Inflation

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Netflix

Netflix has increased its subscription prices in Nigeria with the Premium Plan seeing a 40% hike from ₦5,000 to ₦7,000 per month.

According to the updated pricing on Netflix’s website, the Standard Plan, popular for its HD quality and multi-screen options, now costs ₦5,500, up from ₦4,000—a 37.5% rise.

Meanwhile, the Basic Plan increased by 21% to ₦3,500, and the Mobile Plan saw a dramatic 83% jump from ₦1,200 to ₦2,200.

In April, Netflix adjusted its Premium Plan from ₦4,400 to ₦5,000 and its Standard Plan from ₦3,600 to ₦4,000. The Basic Plan remained unchanged at ₦2,900 during that period.

The company stated these changes were part of a broader strategy to enhance revenue and support its expanding content offerings.

This latest hike comes amid soaring inflation in Nigeria, which has significantly impacted the cost of living.

As food and essential goods prices rise, many Nigerians find entertainment subscriptions increasingly unaffordable.

Netflix’s price adjustments are not limited to Nigeria; similar increases have occurred in major markets like the United States, United Kingdom, and France.

In October 2023, both the Basic and Premium plans experienced hikes in these countries as part of Netflix’s global pricing strategy.

The frequent price hikes have sparked concern among Nigerian subscribers who already face economic challenges. Many are reevaluating their subscriptions as home entertainment costs continue to climb.

As Netflix continues to adjust its pricing to sustain growth and content expansion, Nigerian consumers are left weighing the value of their streaming subscriptions against other financial priorities.

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