Major non nato ally

- A + A (Aug 10): Norway’s inflation exceeded forecasts for a fourth straight month, hitting a new 34-year high and adding pressure on Norges Bank to deliver a bigger interest rate hike this month than it has flagged earlier. Consumer prices rose 6.8% in July from a year earlier, the fastest pace since July 1988, according to data from Statistics Norway on Wednesday. Underlying inflation, the measure followed by the central bank, rose to an annual 4.5% — the highest on record. The median estimate in the analyst poll for core price growth was 3.8%, while Norges Bank had projected a pace of 3.2%. The data triggered revisions by several banks in their forecasts on Norway’s rate path, with Norges Bank now seen delivering another half-point interest rate hike from 1.25% at its interim meeting next week and possibly also at its September meeting. While Norwegian policy makers have been among the most aggressive in raising rates among the holders of major currencies, … [Read more...] about Norway inflation at 34-year high boosts rate-hike pressure

(Image: Reuters) The COVID-19 test positivity rate (TPR) in 144 districts in India has breached the 10 percent mark yet again while 159 districts are reporting a positivity rate between 5 percent and 10 percent. As per the World Health Organisation, a TPR of under 5 percent is a sign of the pandemic being under control, and adequate public health measures are recommended for districts falling beyond this category. On August 10, India reported 16,047 new coronavirus cases, which was more than 25 percent higher than the previous day, and 54 new deaths which included 6 backlog fatalities. The total number of active cases, however, dropped by over 3,500. The highest TPRs are being reported from several districts in Andhra Pradesh, Arunachal Pradesh, Assam, Delhi, Haryana, Kerala and Mizoram. Delhi on Tuesday registered 2,495 new cases and a TPR of 15.41 percent, the highest since January this year. However, the country’s top health administrators are still calling the rise … [Read more...] about COVID-19 test positivity rate shoots over 10% in 144 districts; watching hospitalisation, death patterns in states, says govt

Representative image India’s medical education regulator has now applied for recognition by the World Medical Education Federation (WMFE), failing which Indian medical graduates will not be eligible to appear for the United States Medical Licentiate Examination (USMLE) for postgraduate training. Starting 2024, individuals applying for the Education Commission for Foreign Medical Graduates (ECFMG) certification must be a student or graduate of a medical school that is accredited by a regulatory agency duly recognised by the WMFE. WMFE is an international organisation working to improve the quality of medical training and it operates in partnership with the World Health Organisation and the World Medical Association. “We have extended our application for WMFE recognition with details such as how we offer affiliation to medical colleges in India and the plans to strengthen the accreditation process further in order to improve the quality of medical training,” said a senior … [Read more...] about MC Exclusive | NMC seeks accreditation for global recognition of India’s medical colleges