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Calm before the storm for Japan suicides as coronavirus ravages economy

Kyoto University’s Resilience Research Unit has predicted 2,400 more suicides for each 1% rise in unemployment. If the virus subsides in a year, unemployment could peak at around 6% by March, lifting annual suicides to around 34,000, it estimated. If pandemic conditions persist for two years, a rise to 8% unemployment by March 2022 would see suicides spike over 39,000

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Private jet demand rises as wealthy Russians spend lockdown in West

In March, there were 250 private jet round flights between Moscow and Europe, flight tracking data from 80 planes registered with Russian and European charter firms show, though the data did not specify how many people were on board each.

Flights continued in April, albeit falling to 61 round trips that month despite Russia suspending regular and commercial charter flights to and from Russia with some exceptions and locking down Moscow, the epidemic’s epicentre.

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COVID-19 pandemic creating ‘lockdown generation’ as one in six youths stop work:UN

ILO has said that it does not have enough data to determine the overall youth unemployment rate since the coronavirus pandemic began. But, in a survey of people aged 29 and under, the organisation found that worldwide, more than 17 percent of youth had been forced to stop working due to the crisis. And those who have continued to work have had working hours cut, on an average, by 23 percent.

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More patients than beds in Mumbai as India faces surge in virus cases

India has 0.5 beds per 1,000 people, according to the latest data from the Organisation for Economic Co-operation and Development (OECD), up from 0.4 beds in 2009, but among lowest of countries surveyed by the OECD. In contrast, China has 4.3 hospital beds per 1,000 people and the United States has 2.8, according to the latest OECD figures.

While millions of India’s poor rely on the public health system, especially in rural areas, private facilities account for 55% of hospital admissions, according to government data. The private health sector has been growing over the past two decades, especially in India’s big cities, where an expanding class of affluent Indians can afford private care.

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How India, Singapore are contributing to a COVID-19 vaccine race

India’s Pune-based Serum Institute is not only India’s largest biotech company but one of the world’s largest. It has the capacity to produce 1.5 billion doses of vaccine annually. It is currently working on three projects to produce COVID-19 vaccines – one is with UK’s Oxford University, another with US-based biotech Codagenix, and it is also working on its own vaccine. To save time, it is taking the risk of preparing part of its facilities to be ready to produce between 20-40 million doses as soon as in September although one or more of the vaccines being worked on may not succeed in clinical trials or be approved by health authorities.
Singapore was involved in the international clinical trial of the Gilead Sciences drug remdesivir which was initially developed to treat Ebola. Around 100 patients in Singapore were enrolled in the US National Institute of Allergy and Infectious Disease (NIAID) led international trial which had about 1,000 patients taking part globally. The trial showed that remdesivir significantly improved recovery prospects of COVID-19 patients.

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