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International News

Indonesian divers retrieve flight recorder from Jet crash

The black boxes will provide more information on what caused the plane to plunge more than 10,000 feet in a matter of seconds. Both pilots in command of Sriwijaya Air Flight 182 were experienced and the airline has a solid safety record, with no fatal accidents since it was founded in 2003. The 737-500 model itself also has a good safety record.

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Governments should partner with pvt sector to maximise the potential of digital healthcare in Asia:Survey

Social media is the most frequently cited source of personal health and wellness information. However, the survey respondents overwhelmingly agreed that the most trustworthy sources are national government and public health authorities. Governments can seize the opportunity by becoming the most reliable source of quality health information for citizens.

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GSK, Vir to test antibody for COVID-19 treatment

The new trial, supported by England’s National Health Service, is expected to begin in the first quarter of 2021 at multiple sites across the UK, the companies said in a joint statement. Preclinical data suggested the companies’ monoclonal antibody (mAb) has the ability to clear infected cells and the potential to enhance virus-specific T cell function, which could help treat and/or prevent infection

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Coronavirus spurred changes to global workforce to be permanent

The International Labour Organization (ILO) has estimated that the impact of huge job losses worldwide is creating a fiscal gap that threatens to increase inequality between richer and poorer countries.

The ILO estimated that global labour income declined by 10.7 per cent, or $3.5 trillion, in the first three quarters of 2020, compared with the same period in 2019, excluding government income support.

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China, Vietnam shown there is way of dealing with pandemic even in absence of vaccine: IMF

“I think China, but not only China, but other countries in Asia, look, for example, at Vietnam, have shown that there’s a way of dealing with a pandemic even in the absence of a vaccine, that will allow the economy to get back, at least close to normal operating capacity by learning how to deal with local outbreaks,” Berger told reporters during a conference call.

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Aon launches fuel price insurance product for shipping and aviation industries

Backed by AAA-rated credit insurance, the coverage will be activated if the cost of fuel rises and exceeds an agreed limit. The policy will cover the difference between the agreed price and the higher price, paid out monthly, to help companies manage their fuel cost exposure and avoid significant spikes in market price.

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