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WHO reports record daily increase in global coronavirus cases, up over 230,000
The biggest increases were from the United States, Brazil, India and South Africa, according to a daily report. The previous WHO record for new cases was 228,102 on July 10. Deaths remained steady at about 5,000 a day.
Russia’s Sechenov University successfully completes clinical trials of Covid-19 vaccine
According to Alexander Lukashev, the director of the Institute of Medical Parasitology, Tropical and Vector-Borne Diseases at Sechenov University, the objective of this stage of the study was to show the vaccine’s safety for human health, which was successfully done.
Early detection of Covid cases has resulted in low fatality rate: Vardhan
India’s total coronavirus cases have increased to 8,49,553. The country now has 2,92,258 active cases out of the total that were confirmed positive. Yesterday, the tally breached the 8-lakh mark. The total number of deaths that have been reported so far has increased to 22,674. India reported 28,637 new cases in the last 24 hours.
Coronavirus bringing record $1 trillion of new global corporate debt in 2020 – report
“COVID has changed everything,” said Seth Meyer, a portfolio manager at Janus Henderson, the firm that compiled the analysis for a new corporate debt index. “Now it is about conserving capital and building a fortified balance sheet”.
No coronavirus patient under home isolation in Delhi has died in July: study
“During the June 24 to July 8 fortnight, a total of 691 deaths took place in Delhi, which is an average of 46 deaths per day during this period,” the government said in a statement.
According to the study, the number of daily deaths in past few days has come down. From a high of 101 daily deaths in mid-June, daily deaths have come down to around 46 deaths during the last fortnight, registering a significant improvement, it said.
Healthcare spends, making India slum-free should be govt’s priority: Experts
“To change this crisis to an opportunity, let us invest in the health sector,” SBI’s chief economist S K Ghosh said, suggesting a plan to build a 500-bed hospital in 250 districts at a cost of Rs 60,000 crore over the next two years
Covid-19 left 147 mn unemployed, global consumption loss at $3.8 trn: Study
“Our study highlights the interconnected nature of international supply chains, with observable global spillover effects across a range of industry sectors, such as manufacturing, tourism and transport,” said study researcher Arunima Malik from the University of Sydney in Australia.
After vigorous monsoon rains, crop planting gathers pace in India
Farmers start planting rice, corn, cotton, soybeans, sugarcane and peanuts among other crops from June 1, when monsoon rains reach India. Nearly half of India’s farmland lacks irrigation and planting usually lasts through July.
Gilead analysis shows remdesivir reduced coronavirus death risk, more studies needed
Findings from the analysis showed that 74.4% of remdesivir-treated patients recovered by Day 14 versus 59.0% of patients receiving standard of care, the company said.
The mortality rate for patients treated with remdesivir in the analysis was 7.6% at Day 14, compared with 12.5% among patients not on remdesivir.
Relying on market forces for Covid-19 drugs would prolong the deadly pandemic:Bill Gates
With hundreds of vaccine projects under way and governments in Europe and the United States investing billions of dollars in research, trials and manufacturing, there is concern that richer nations could scoop up promising medicines against the new coronavirus, leaving developing countries empty-handed.
The European Commission and the World Health Organization have warned of an unhealthy competition in the scramble for a medicine seen as key to saving lives and resolving economic chaos sowed by virus, while some officials in Washington have indicated they would seek to prioritize U.S residents.