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Global reserve managers upbeat on growth but worry about politics
But 87% of the reserve managers surveyed flagged further escalation...
US insurers may take a hit of about $2.7 billion from damage caused by Hurricane Beryl
Triggered a record $44 million payout to the nation of Grenada from...
Zoom to buy cloud-based call centre operator Five9 in $15-billion deal
The San Jose, California-based company is now shifting focus to its two-year-old cloud-calling product Zoom Phone and conference-hosting product Zoom Rooms as bigger players Facebook and Alphabet’s Google amp up their video products.
India among top three countries facing phishing attacks via WhatsApp and Telegram, reveals report
The biggest share of detected malicious links between December 2020 and May were sent via WhatsApp (89.6 per cent), followed by Telegram (5.6 per cent), according to data shared by Kaspersky Internet Security for Android, part of the cyber security firm Kaspersky Lab.
Countries experiencing the highest number of phishing attacks were Russia (46 per cent), Brazil (15 per cent) and India (7 per cent).
WHO warns world in early stages of third Covid wave
The reversal has been attributed to low vaccination rates, the relaxation of mask rules and other precautions, and the swift spread of the more-contagious delta variant, which WHO said has now been identified in 111 countries and is expected to become globally dominant in the coming months.
Climate change is driving a large increase in intense, slow-moving storms, a new study has found.
Researchers from the Newcastle University and the UK Met Office Hadley Centre used very detailed climate model simulations and found that slower storm movement acts to increase the amount of rainfall that accumulates locally, increasing the risk of flash floods across Europe beyond what has been expected based on previous studies.
The scientists estimate that these slow-moving storms may be 14 times more frequent across land by the end of the century. It is these slow-moving storms that have the potential for very high precipitation accumulations, with devastating impacts, as currently seen in Germany and Belgium.
Global sustainable debt issuance will crack $1 trillion mark in 2021 -IIF
With corporations and financial institutions under growing pressure from investors to up their environment, social and governance (ESG) game, the issuance of bonds to raise money for climate-related or social projects, or linked to sustainability targets, is an increasingly popular option.
Sustainable debt sales more than doubled year-on-year in the first half of 2021 to over $680 billion, closing in on the $700 billion issued during the whole of last year.
China’s first human infection case with Monkey B virus dies: Report
The 53-year-old male vet, who worked for an institution researching on non-human primates, showed early-onset symptoms of nausea and vomiting, a month after he dissected two dead monkeys in early March, the state-run Global Times reported on Saturday, citing English Platform of Chinese Centre for Disease Control and Prevention.
It said that there were no fatal or even clinically evident BV infections in China before, thus the vet’s case marks the first human infection case with BV identified in China.
Tokyo Olympic : First case of Covid-19 detected in Games Village
The Tokyo 2020 playbooks and COVID-19 countermeasures provide the framework for safe and secure Olympic Games. Implementing the playbooks, the ceremonies will take place respecting the following guidelines and scenarios:
As floods hit western Europe, scientists say climate change hikes heavy rain
In general the rising average global temperature – now about 1.2 degrees Celsius above the pre-industrial average – makes heavy rainfall more likely, according to scientists.
The floods follow just weeks after a record-breaking heatwave killed hundreds of people in Canada and the United States. Scientists have since said that extreme heat would have been “virtually impossible” without climate change, which had made such an event 150 times more likely to occur.
Facebook, others ‘killing people’ by carrying COVID misinformation, says Biden
US President’s comments came a day after US Surgeon General Vivek Murthy declared misinformation about the vaccines a threat to public health, and as US officials advised that deaths and serious illness from the virus are almost entirely preventable because of the vaccines.
Biden, asked if he had a message for platforms like Facebook where false or misleading information about the coronavirus vaccines has spread, told reporters, They’re killing people.
The only pandemic we have is among the unvaccinated,” he said.
World leaders pledge to redouble pandemic fight at special APEC meeting
“The pandemic continues to have a devastating impact on our region’s people and economies,” the leaders said in a joint statement issued after a virtual meeting chaired by New Zealand.
“We will only overcome this health emergency by accelerating equitable access to safe, effective, quality-assured, and affordable COVID-19 vaccines,” they said.There have been over 50 million cases of COVID-19 within APEC’s borders, with over 1 million deaths. APEC-wide GDP contracted by 1.9% in 2020.