Yuanqiong Hu, a senior legal and policy advisor at Doctors without...
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Delta Covid variant becoming globally dominant: WHO’s Soumya Swaminathan
“The Delta variant is well on its way to becoming the dominant variant globally because of its increased transmissibility,” Swaminathan told a news conference.
Australia limits use of AstraZeneca COVID-19 vaccine to people over 60
Several European Union member states have stopped administering the AstraZeneca vaccine to people below a certain age, usually ranging from 50 to 65, restricting its use to older people, due to very rare cases of blood clotting, mainly among young people.
Global life insurance outlook revised to stable amid brightening growth prospects:Moody’s
“Strong solvency capital ratios globally underpin our view of the outlook,” Moody’s Vice President Manoj Jethani says.
“Although pandemic mortality continues to weaken profitability, the overall impact on the credit profile of life insurers has been less severe than originally expected due to differences in demographics of the general versus the insured population, as well the benefits of diversification from longevity-type insurance products, ” he adds.
Philippines insurance commissioner Dennis B. Funa reelected as the chairperson of Asian Reinsurance Corp
Bangkok headquarted Asian Re, set up in 1977 ,is a professional reinsurer owned by 10 governments in Asia-Pacific called the Council of Members, namely the Philippines, Afghanistan, Bangladesh, Bhutan, China, India, Iran, South Korea, Sri Lanka, and Thailand.
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Bank, airline websites go dark briefly in international internet outage
The resultant cascading failures, which affected services from Amazon.com Inc. to Shopify Inc. and Stripe Inc., served as a stark reminder of how exposed the world’s biggest websites are to the impact of disruptions ranging from simple human error to coordinated cyberattack.
Cathay Pacific working with Airbus on single-pilot system for long-haul
That promises savings for airlines, amid uncertainty over the post-pandemic economics of intercontinental flying. But it is likely to encounter resistance from pilots already hit by mass layoffs, and safety concerns about aircraft automation.
Lufthansa has also worked on the single-pilot programme but currently has no plans to use it, a spokesman for the German carrier told Reuters.
US, China trade war costs global value chains 3-5 years of growth, says UN
The report from the United Nations Development Programme looking at the post-pandemic future of global value chains found that trade within those supply lines shrank in absolute terms along with other types of trade. Still, they’ll remain at the core of economic recovery in the Asia-Pacific region even as global manufacturers consider moving production closer to home.
The supply troubles come as the cost of shipping goods across the globe is skyrocketing, threatening to boost consumer prices and compounding concerns in global markets already bracing for accelerating inflation.
COVID-19 cases surge in Africa, less than 0.8% of fully vaccinated, say officials
New cases are up nearly 30% in the past week and deaths are up by 15%, she said, with five countries — South Africa, Tunisia, Zambia, Uganda and Namibia — accounting for 76% of the new cases. The continent of 1.3 billion people has not yet been battered with an emergency during the pandemic on the scale of that recently facing India, but officials including Moeti continue to warn that such a catastrophe could hit.
“Africa is in the midst of a full blown third wave…We’ve seen in India and elsewhere how quickly COVID-19 can rebound and overwhelm health systems,” Matshidiso Moeti, WHO regional director for Africa, told a news conference.
Suicide remains one of leading causes of death worldwide: WHOWHO
From job loss to financial stress and social isolation, the many risk factors triggered by the COVID-19 pandemic make suicide prevention “even more important now”, said the top WHO official.
Among young people aged 15-29, suicide was the fourth leading cause of death after road injury, tuberculosis and interpersonal violence, according to the study: Suicide worldwide in 2019.
U.S. Supreme Court rejects Republican challenge to Obamacare law
If Obamacare had been struck down, up to 20 million Americans stood to lose their medical insurance and insurers could have once again refused to cover people with pre-existing medical conditions. Obamacare expanded the Medicaid state-federal healthcare program and created marketplaces for private insurance.
The provision, called the “individual mandate,” required Americans to obtain health insurance or pay a financial penalty. It marked the third time the court has preserved Obamacare since its 2010 enactment.