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UK needs tighter COVID rules to avert new “catastrophe”, epidemiologist warns

“We are entering a very dangerous new phase of the pandemic, and we’re going to need decisive early national action to prevent a catastrophe in January and February,” said Andrew Hayward, professor of infectious disease epidemiology at University College London.

More than 71,000 people in Britain have died within 28 days of a positive test for the disease.

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India’s financial sector faces challenging times ahead – RBI

The overall outlook for the Indian economy in 2021 continues to remain uncertain, the report said.“
Given the uncertainty induced by COVID-19 and its real economic impact, the asset quality of the banking system may deteriorate sharply going forward,” the RBI said.

The report also said Indian banks had written-off loans worth 2.38 trillion rupees ($32.46 billion) in the financial year 2020 that ended on March 31.

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Wealthy hospitals rake in U.S. disaster aid for COVID-19 costs

Federal Emergency Management Agency has received nearly 2,200 aid requests from hospitals and thus far has approved about 15% of them, for a total of $894 million, the agency told Reuters. Hospitals can request more money as U.S. infections surge, and FEMA officials expect total aid awards to rise significantly.

Some health policy experts say that large and well-capitalized nonprofit systems – which typically pay no taxes – do not need the additional relief money. Among the aid applicants are some of the nation’s best-known health systems, including the Cleveland Clinic, Providence and Stanford Health Care.

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Diplomatic headache as China struggles to get nations to trust its vaccines

China has made a global effort to reassure governments and populations about the efficacy and safety of its vaccines. In October, a group of ambassadors and diplomats representing 50 African countries toured a Sinopharm Group Co. facility amid a publicity blitz touting China’s promise to deliver vaccines to Africa. “When the coronavirus vaccine completes research and is put into use, we are willing to prioritize benefiting African countries,” said Liu Jingzhen, chairman of Sinopharm.

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Will COVID-19 vaccines work on the new coronavirus variant?

Dr. Anthony Fauci, the top U.S. infectious disease expert, said data coming from Britain indicates the vaccines still will block the virus. But the U.S. also will do tests to be sure.

Viruses often undergo small changes as they reproduce and move through a population. In fact, the slight modifications are how scientists track the spread of a virus from one place to another.

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Delhi airport ‘completely ready’ to handle vaccine distribution challenge

India is relying largely on two domestically made vaccines from Bharat Biotech International Ltd. and the Serum Institute of India Ltd., which has partnered with AstraZeneca Plc to produce at least one billion doses. Ultra-cold storage requirements for Pfizer Inc.’s shot make it an unlikely choice for widespread use given India’s patchy health networks and infrastructure, especially in rural areas where the bulk of the country’s nearly 1.4 billion people live.

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