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Germany reckons with mental health impact of Covid-19

n a recent survey by health insurance company Pronova BKK, three quarters of the 154 psychiatrists and psychotherapists questioned said they were expecting an increase in mental illness over the next 12 months as a result of the Covid-19 crisis.

According to the charity German Depression Aid, people with depression experienced the spring’s restrictive measures as far more stressful than the general population.

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Study suggests frequent travellers 7 pc happier

“While things like work, family life and friends play a bigger role in overall reports of well-being, the accumulation of travel experiences does appear to have a small yet noticeable effect on self-reported life satisfaction,” Chen said. “It really illustrates the importance of being able to get out of your routine and experience new things.”

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European hunt for assets for Chinese assets in insurance, healthcare and automobile sector

“These are the major growth areas with massive amounts of investments. EU companies are pretty keen to get a piece of the action,” said Alan Wang, Partner at law firm Freshfields Bruckhaus Deringer.
“The EU-China Comprehensive Agreement on Investment (CAI) will certainly facilitate the FDI, including M&A, by EU investors into China,” said Cherrie Shi, a senior counsel at law firm FenXun Partners, Baker McKenzie’s Joint Operation partner.
Total M&A value of EU companies into China amounted to $71 billion for the past three decades, much lower than the $117 billion recorded over the same period from American companies, data from Refinitiv showed.

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India to continue export of medicines, including vaccines: PM Modi

India is the world’s biggest vaccine maker. Its pharmaceutical industry has been freeing up capacity and pushing ahead with investments to help support a global vaccination campaign.

Health secretary Rajesh Bhushan earlier this month said there was no ban on vaccine exports, following media reports that the government had imposed restrictions to ensure domestic vaccine requirements were met first.

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India to start COVID-19 vaccination drive from January 16, 3 cr healthcare, frontline workers to get shots first

After healthcare and frontline workers, the vaccines will be given to “those above 50 years of age and the under-50 population groups with co-morbidities, numbering around 2.7 million,” the statement said.
India’s drug regulator has approved two coronavirus vaccines for emergency use, Covishield, developed by AstraZeneca and Oxford University and Covaxin by local company Bharat Biotech and a state-run institute.

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COVID-19 impact: 8.7 lakh expats returned to Kerala, over half of them due to job loss: Official Data

The data from the Non-Resident Keralites Affairs (NORKA) department as of Thursday also showed that 1,11,151 of the 13,27,330 Keralites who came back from other parts of the country also cited loss of jobs as the reason for their return. The second biggest reason cited by the returnees (2.08 lakh) was their job visas. The rest include senior citizens, or children, and family members of expats.

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Up to 4,000 financial firms could fail due to COVID, says UK regulator

“At end of October we’ve identified there are 4,000 financial services firms with low financial resilience and at heightened risk of failure,” said Sheldon Mills, the FCA’s executive director of consumers and competition.

“These are predominantly small and medium sized firms and approximately 30% have the potential to cause harm in failure.”

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