Former Stardust nightclub manager Eamon Butterly has denied that half of the 48 victims of the 1981 blaze died because three exits were locked when the fire broke out, preventing their escape.
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The Asian Century, the subject of our cover story this month, is certainly not just the result of the Covid-19 pandemic. But it is quite clear that the handling of the global health crisis has generated many more “winners” among Asian countries than in the rest of the world. Asia’s growth and its increasing world leadership in manufacturing have given the region a clear lead as the engine of growth for the rest of the world, and the last year has reinforced this position.
For example, Luca Paolini & Patrick Zweifel, chief strategist and chief economist, respectively, of Pictet Asset Management, recently wrote: “A year after the Covid-19 outbreak triggered widespread social and economic upheaval, Asia is emerging out of the crisis stronger and with greater influence on the world stage, pulling the globe’s economic center of gravity steadily to the East.”