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Eco/Invest/Demography

U.S.makes deal for 100 million doses of coronavirus vaccine, deaths expected to rise

The U.S. Centers for Disease Control on Friday forecast between 168,000 and 182,000 total fatalities by August 22, predicting that deaths will rise fastest in Alabama, Kentucky, New Jersey, Puerto Rico, Tennessee and Washington state.
Coronavirus deaths in the United States are rising at their fastest rate since early June. Roughly one American died about every minute from COVID-19 on Wednesday.

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India’s IFSCA gets members from 4 regulators,to regulate financial markets in IFSCs

The centre has notified the names of T.L.Alamelu,member, IRDAI, Indrani Banerjee,executive director,Reserve Bank of India(RBI), Sujit Prasad,executive director,Securities and Exchange Board of India(Sebi),Ananta Gopal Das,executive director,Pension Fund Regulatory and Development Authority(PFRDA), as members of IFSCA)

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India records highest one-day jump of 57,118 COVID-19 cases; recoveries surge to 10,94,374

According to the ICMR, a cumulative total of 1,93,58,659 samples have been tested up to July 31 with 5, 25,689 being tested on Friday

Of the new 764 deaths reported, 265 are from Maharashtra, 97 from Tamil Nadu, 84 from Karnataka, 68 from Andhra Pradesh, 45 from West Bengal, 43 from Uttar Pradesh, 27 from Delhi, 23 from Gujarat, 16 from Punjab, 14 each from Bihar and Telangana, 12 from Jammu and Kashmir and 11 from Rajasthan

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Govt to come out with list of strategic sectors soon:FM Sitharaman

She said there could be various models to achieve minimum four PSUs in case of those falling under the strategic sector.

Either they will be merged, or they will be brought together in such a way that there are only four or lesser, she said.

Under the policy, a list of strategic sectors will be notified where there will be at least one and a maximum of four public sector enterprise, apart from private sector companies.

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Facebook raises settlement to $650 million in facial recognition lawsuit

The social media giant reached a $550 million settlement in January regarding the same lawsuit, which started in 2015, when Illinois users accused the company of violating the state’s Biometric Information Privacy Act in collecting biometric data.
In 2019, a U.S. Circuit Court of Appeals court swatted away Facebook’s  claim that facial recognition data did not count as biometric data, stating that “development of face template using facial-recognition technology without consent (as alleged here) invades an individual’s private affairs and concrete interests.”

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Children carry COVID-19 virus, small study finds

Data on children as sources of coronavirus spread are sparse, and early reports did not find strong evidence of children as major contributors to the deadly virus that has killed 669,632 people globally.

Understanding the transmission potential in children will be key to developing public health guidelines, said the researchers who published the study in the journal JAMA Pediatrics.

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