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Eightfold increase in tobacco smuggling during June-Oct 20 : FICCI CASCAD

Commenting on the development, FICCI CASCADE Chairman Anil Rajput said: “There has been an almost eightfold increase over the year, indicating that India continues to be a target for tobacco smugglers in spite of several restrictions. It is clear that criminal enterprises are continuing to seek ways of ensuring infiltration of smuggled goods into the country.”

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Lloyd’s of London sees global pandemic insurance losses above previous estimate

Lloyd’s has proposed a “Black Swan” reinsurance scheme to governments globally to ensure better cover during circumstances such as the pandemic and other disturbances to business, but Carnegie-Brown said it was hard to get government attention on the topic so far.

“The challenge for governments of course is that they are very short-term focused… (it is) very difficult for them to lift their heads above the parapet and think about the future,” Carnegie-Brown said.

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Nobel scientists urge face mask rethink as Sweden’s COVID cases climb

Sweden’s soft-touch pandemic response has focused mostly on voluntary social distancing and the Public Health Agency has cast doubt on the effectiveness of face masks, which are mandatory in many public places in Europe.

However, a report on Thursday by the Royal Academy of Sciences said that face masks could play a role in reducing infection, particularly in enclosed spaces.

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Global economy recovering, but may be losing momentum, says IMF chief Kristalina Georgieva

While fiscal spending of nearly $12 trillion and monetary policies had averted even worse outcomes, poverty and inequality were increasing, and more support was needed, the IMF said.

New outbreaks and more stringent mobility restrictions, and delays in vaccine development and distribution could reduce growth, increase public debt and worsen economic scarring.

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Wildlife diseases poised to spread northwards as climate changes: study

The study projects increasing spread over the next five decades of wildlife diseases caused by bacteria, fungi, viruses and infectious worms. There are serious implications for humans, said co-author Jason Rohr of the University of Notre Dame, Indiana.

“We do know that 75% of emerging infectious diseases have a wildlife origin,” said Rohr, who runs an ecology and public health lab at Notre Dame. “We should be concerned for our own health when we see studies suggesting that there could be increases in infectious disease in wildlife.”

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COVID-19 caseload in India breaches 89-lakh mark

The number of active cases remained below 5 lakh for the eighth consecutive day.There are 4,46,805 active cases of coronavirus infection in the country as on date which comprises 5.01 per cent of the total caseload, the data stated.

The total recoveries have surged to 83,35,109 pushing the national recovery rate to 93.52 per cent, while the COVID-19 case fatality rate stands at 1.47 per cent.

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FDA approves first COVID-19 test kit for home use

The single-use test, made by Lucira Health, has been given emergency use authorization for home use with self-collected nasal swab samples in individuals aged 14 and older who are suspected of COVID-19 by their health care provider, the FDA said.“While COVID-19 diagnostic tests have been authorized for at-home collection, this is the first that can be fully self-administered and provide results at home,” FDA Commissioner Stephen Hahn said.

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