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UN chief: Desertification and drought destabilizing well-being of 3.2 billion people

Having contributed to the collapse of biodiversity and promoting zoonoses – diseases which jump from animals to humans
Audrey Azoulay, Director-General of the Educational, Scientific and Cultural Organization (UNESCO) called desertification “another reminder” that human health and that of the environment, are “deeply intertwined”.

Desertification and drought also increase water scarcity, at a time when two billion people still lack access to safe drinking water, said Ms. Azoulay, adding that “over three billion may have to confront a similar situation by 2050”.

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Global Covid-19 caseload tops 176 mn; deaths surge to more than 3.80 mn

In terms of infections, India follows in the second place with 29,510,410 cases.

The other worst countries with over 3 million cases are Brazil (17,452,612), France (5,803,012), Turkey (5,336,073), Russia (5,162,049), the UK (4,589,398), Italy (4,245,779), Argentina (4,145,482), Colombia (3,777,600), Spain (3,741,767), Germany (3,724,168) and Iran (3,039,432), the CSSE figures showed.

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COVID-19:Insurance protection gap reaches new high of $1.4 trillion in 2020, Swiss Re

Jérôme Haegeli, Swiss Re Group Chief Economist said “”The global pandemic has accentuated the gap between the rich and poor. It has laid bare the need for governments to focus on rebuilding and promoting social cohesion. Social equity – and at its heart, creating equal opportunities for all – will be a defining feature of a more resilient world.”

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Indian tech firms struggling with Covid-19 trauma

Indian tech firms help young workers in Covid trauma
There is a cultural hurdle companies need to cross as they help staff. Consulting a psychologist or a psychiatrist is often taboo in India so companies sometimes camouflage their support. Workers are given access to “life coaches,” not psychologists, and they’re measured on a “happiness index,” rather than an anxiety or depression scale.

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RBI to focus on growth even as inflation breaches tolerance band

The annual retail inflation rate rose 6.30 per cent year-on-year in May, up from 4.29 per cent in April and sharply above analysts’ estimate of 5.30 per cent. The wholesale price inflation rate rose 12.94 per cent, its highest in at least two decades.

“There is a broad-based increase in CPI inflation but it still is not driven by demand and that gives the RBI some leeway. They will continue to wait and watch as a rate hike is out of question for now,” the first source said.

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