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First case of deadly Marburg virus confirmed in WAfrica: WHO
“This is the first time Marburg, a highly infectious disease that causes haemorrhagic fever, has been identified in the country, and in West Africa,” it added.
The disease falls into the same family as the virus that causes Ebola, another deadly and highly infectious disease.
Global average temp rise of 1.5 degrees Celsius in next 20 years: UN report
This report tells us that recent changes in the climate are widespread, rapid and intensifying, unprecedented in thousands of years, said IPCC Vice Chair Ko Barrett, senior climate adviser for the U.S. National Oceanic and Atmospheric Administration. The changes we experience will increase with further warming.
Extreme sea level events likely every year by end of this century: IPCC
If we reduce emissions globally to net zero by 2040 there is still a two-thirds chance to reach 1.5 degrees and if we globally achieve net zero emissions by the middle of the century, there is still a one-third chance to achieve that, said Dr Friederike Otto, Associate Director of the Environmental Change Institute at the University of Oxford and one of the authors of the IPCC report.
India to Indonesia: Asian economies challenged by Delta Covid variant
Supply chains from Vietnam to Thailand, where outbreaks are surging, have also been interrupted, with factories that make goods for Nike Inc. and Adidas AG shutting down over virus restrictions, potentially missing out on the crucial holiday shopping season. That raises the prospect of Asia’s delta hit reverberating worldwide, if exports are delayed longer term.
“The current delta wave in Asia may snarl production networks further,” said Frederic Neumann, co-head of Asian economic research at HSBC Holdings Plc in Hong Kong. “The risk is that growth scars linger for longer.”
GIC Re shuts down Dubai branch, moves its MENA business to India’s GIFT City
.“Following a review of the branch operations, it has been decided to underwrite business emanating from the MENA region (both new and renewal), effective 3 July 2021, from Gujarat International Finance Tec-City,” GIC Re said in a letter addressed to all business partners on 5th August, signed by Balaji Thiagarajan, CEO, GIC Re, Dubai.
GIC Re said that it will continue to service the underwriting and claims run-off from business underwritten earlier from its Dubai office,
Global Covid deaths estimated to reach 5.3 million by December
There have been almost 4.3 million deaths from Covid-19 globally since the start of the pandemic, according to the World Health Organization.
The delta variant is associated with viral loads that are more than 1,200 times higher in newly infected individuals compared with the original coronavirus strain, which means that delta can spread as easily as chickenpox.
AIG is reducing cyber insurance limits as cost of coverage soars
“We continue to carefully reduce cyber limits and are obtaining tighter terms and conditions to address increasing cyber loss trends, the rising threat associated with ransomware and the systemic nature of cyber risk generally,” CEO Peter Zaffino said on a conference call with analysts, according to a transcript produced by Refinitiv.
United States now averaging 100,000 new Covid-19 infections a day
The virus is spreading quickly through unvaccinated populations, especially in the Deep South. Florida, Louisiana and Mississippi have had hospitals overrun with patients.
The US first crossed the 100,000 average number in November and peaked at about 250,000 in early January before bottoming out in late June.
Cash glut at Warren Buffett’s Berkshire may trap tech titans next
With Buffett hoarding more than $100 billion of cash at Berkshire the last few years, the perception is that the investing icon has lost his touch in a technology-driven economy that would seem to be full of investment opportunities.
Tech titans Amazon, Google, Microsoft join US cyber team to fight ransomware
The tech giants are among firms signed on to be part of a Joint Cyber Defense Collaborative intended to combine government and private skills and resources to fight hackers, according to the Cybersecurity and Infrastructure Security Agency (CISA).
“With these extraordinarily capable partners, our initial focus will be on efforts to combat ransomware and developing a planning framework to coordinate incidents affecting cloud service providers,” said CISA director Jen Easterly.