Low income countries world bank 2018

Share to Twitter Share to Linkedin Topline The World Health Organization has recommended Pfizer’s antiviral pill Paxlovid to treat high-risk Covid patients, the agency announced Friday, which it said is safer, easier to administer and better at preventing hospitalizations than other available treatments. Key Facts The WHO’s expert panel endorsed Paxlovid—a combination of nirmatrelvir, which inhibits coronavirus replication, and ritonavir, an HIV inhibitor which also slows the liver’s breakdown of nirmatrelvir—for Covid patients without severe disease who are at high risk of hospitalization. High risk groups include older patients, those with compromised immune systems or chronic illnesses and the unvaccinated, according to the guidelines. The panel cited new data from two clinical trials involving 3,100 patients, which found Paxlovid led to 84 fewer hospital admissions per 1,000 patients treated with little or no risk of severe side effects … [Read more...] about WHO Endorses Pfizer’s Antiviral Pill Paxlovid For High-Risk Covid Patients But Says Benefits ‘Trivial’ For Low-Risk Groups

Representative Image| A hydropower plant being constructed along the Bhote Koshi River in Nepal. Image by Jonas Gratzer for Mongabay. The New Development Bank (NDB) has reached out to India Exim Bank with an offer to co-finance trade infrastructure across the world. While India remains a stakeholder in the multilateral NDB, any prospective partnership will mark the first time that it partners with China, considered to be a major global rival in all forms of multilateral finance, including export credit, and project exports in particular. "I invite India Exim Bank to identify some priority projects, in trade enabled infrastructure, which involves both the elements of physical infrastructure as well as of technology," NDB President Marcos Prado Troyjo said. Troyjo was virtually attending a summit on project exports organized by India Exim Bank on May 5. Formerly referred to as the BRICS Development Bank, the multilateral development bank was established by five nations … [Read more...] about New Development Bank seeks to co-finance trade infrastructure projects with India Exim Bank

Christie Pitney is a certified nurse midwife who was working at a federally funded health center in California’s Central Valley when the pandemic struck. In those early months, several of her patients struggled to get abortions. Under normal circumstances, the closest abortion clinic is 45 minutes away, but during the pandemic, clinics around the country suffered staff shortages and canceled services. Patients were having trouble getting to clinics even when they were open. advertisement advertisement This is part of a series of articles on the business case for abortion access. See the full package here. “My patients and the population in that area, they don’t have reliable transportation. They are working six to seven days a week,” she says. “They have childcare needs and don’t have reliable income. Most of them are either working in a packing house or in the fields.” And that’s in California, one of the most accessible states to get an … [Read more...] about In a post-‘Roe’ world, abortion pills won’t be enough

FOR global investors trying to the gauge the fallout from surging interest rates and slowing economic growth, Hong Kong is quickly emerging as a must-watch market. Perhaps nowhere else is as exposed to two of the biggest worries roiling global asset prices – the Federal Reserve’s (Fed) rapidly tightening monetary policy and China’s sputtering economy. While Hong Kong’s US$466bil (RM2 trillion) foreign-reserves stockpile and plentiful interbank liquidity suggest little chance of an imminent crisis, signs of financial stress are building. This week saw the city intervene to prop up its pegged currency for the first time since 2019. Its stock market has tumbled this year at one of the fastest rates globally. Home prices in the world’s least affordable property market are falling and signs of capital flight are multiplying, after portfolio outflows last year topped US$100bil (RM440bil) for only the second time since Hong Kong’s 1997 handover to China. “There’s a lot the city … [Read more...] about Hong Kong becomes world’s must-watch market

- A + A (May 16): As spiraling inflation spreads across the globe, emerging-market bonds from Turkey to Thailand are feeling the brunt. Local-currency debt from developing nations -- which is far more sensitive to a country’s domestic inflationary pressures than dollar denominated equivalents — has slumped almost 9% this year, the most since at least 2008, according to a Bloomberg index. There’s unlikely to be any relief soon as central bankers around the world attempt to control surging prices by raising interest rates even more aggressively — potentially risking growth in doing so. That certainly wasn’t the plan. Many developing economies led the charge in rate hikes last year, getting ahead of policy makers in the US and hoping to avoid a redux of the 2013 taper tantrum. But with inflation raging in the US and the strong dollar pressuring currencies elsewhere, these countries are now making a new rulebook. Policy makers across emerging nations are either … [Read more...] about Bond traders reel as inflation hits world’s emerging local debt

Share to Twitter Share to Linkedin The context is transitioning from fossil energy to renewables. One key aspect of this is transport via gasoline or diesel vehicles and its transition to electric motors driven by batteries or hydrogen. The fossil fuel industry should be concerned about the efficiency and cost of sustainable transport, because that will determine the speed of the transition which will likely affect the decline of oil production and perhaps the oil and gas industry itself. Elon Musk knows batteries. He builds them: to propel cars and trucks, at one bookend, to grid-scale behemoths that store and stabilize electrical power for hundreds of homes and commercial enterprises, at the other bookend. Last week, May 12, 2022, Musk said hydrogen “is the most dumb thing I could possibly imagine for energy storage.” This is not the first time, as Musk has made similar negative comments in past years. A few years ago, Musk told reporters that hydrogen … [Read more...] about Is Elon Musk Right Or Wrong To Dismiss Hydrogen Use For Low-Carbon Energy Storage?

Representative Image.(Courtesy : AP) India will soon be sending trade delegations to at least nine wheat importing nations to explore the possibilities of boosting wheat exports. The move comes amid widespread loss of yield in major wheat growing states, and low response to public procurement by farmers who continue to sell at much higher prices to traders. The Centre will send trade delegations to Morocco, Tunisia, Indonesia, Philippines, Thailand, Vietnam, Turkey, Algeria, and Lebanon to promote Indian wheat , the Commerce and Industry Ministry said on May 12. The move is part of the government's efforts to export 10 million tonnes of wheat in 2022-23, amid rising global demand, it said. Not more than 10 days after the Ukraine crisis began, the Centre began discussions with various countries, including Egypt, Turkey, China, Bosnia, Sudan, Nigeria and Iran on commencing wheat exports. Initial shipments have also begun to some of these nations. The Agricultural and … [Read more...] about India to send trade delegations to 9 countries to boost wheat exports

File Image. Prime Minister Narendra Modi with Mauritius Prime Minister Pravind Kumar Jugnauth during a meeting, in New Delhi, Friday, December 6, 2019. (PIB/ PTI Photo) After being the largest source of foreign direct investment (FDI) for India since economic liberalisation in 1991, Mauritius is looking to attract investments from Indian businesses as it attempts to shed the image of being a tax haven. The Indian Ocean island nation also wants to reduce its reliance on China as a development partner and mend a tourism-dependent economy hurt by the global travel shutdown in the aftermath of the pandemic. Mauritius Prime Minister Pravind Jugnauth, in India on an eight-day trip, is scheduled to meet with business leaders in Lucknow and other cities. He has already met the Chief Ministers of Gujarat and Uttar Pradesh, seeking both bilateral partnerships as well as support to push Mauritius as an investment destination in these states, multiple sources in the know said. During … [Read more...] about ​Exclusive| Mauritius seeks Indian investments amid major bid to shed tax-haven image

Erika Christensen was in her third trimester in May 2016, when doctors told her the fetus wasn’t swallowing, and her baby would likely not be able to breathe outside her body. advertisement advertisement They were also concerned for her health. Christensen had had brain surgery a year before, and going into natural labor was already a risk. The doctors agreed that the best course of care was to terminate the pregnancy. This is part of a series of articles on the business case for abortion access. See the full package here. Despite the risks, Christensen was past the point where abortion was legal in New York, as she was more than 24 weeks pregnant. She would have to travel to Colorado for a $10,000 procedure. On top of that, she discovered that—while she had “very good private insurance”—abortion care wasn’t covered out-of-network. “I didn’t know to ask for pre-authorization to reimburse myself,” she says. “And I am not sure it would have … [Read more...] about Insurance is one of the major barriers to abortion care in the U.S. That’s intentional

FILE PHOTO: Teachers unpack Enhanced Nutribun bread at a school in Caloocan City. The latest version of the 1970s’ Nutribun was developed by the Department of Science and Technology—Food and Nutrition Research Institute. INQUIRER PHOTO/GRIG MONTEGRANDE MANILA, Philippines—Throughout the campaign period, the achievements and programs of the late dictator Ferdinand Marcos Sr.—whether based on historical records or mere claims by die-hard supporters—seemed to have become the shadow of presumptive president Ferdinand “Bongbong” Marcos Jr. The so-called legacies of the late Marcos have resurfaced amid the younger Marcos’ presidential bid. Stories glorifying and lauding what Marcos Sr. has done as president have spread online through various platforms—boosting the son’s campaign. Many of these stories, however, have been fact-checked and found to be myths or false claims. READ: Debunking Marcos myths on social media Among the myths swirling around the Marcoses, which have been … [Read more...] about The muddled past of Nutribun