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Here is a masonry blog layout with no sidebarG20 agrees debt framework to help poor countries hit by COVID
Bank of England warns insurers risk unexpected COVID losses
“Our work has highlighted that a number of firms have not been able to accurately identify and track COVID exposed policies, leading to unexpected COVID losses,” the BoE said in a letter to insurers.
“Firms should ensure that this uncertainty is reflected in the reserve estimates and that, where possible, appropriate procedures are put in place to identify and track exposed policies.”
Should Millennials and Gen Z Get the Vaccine First?
But what if vaccinating the elderly first isn’t the best way to minimize fatalities? A recently published (but not yet peer-reviewed) model from three academics at Khalifa University suggests priority should be accorded to groups with the highest number of daily in-person interactions, since that amplifies the vaccine’s effectiveness by reducing infections (and mortality) both among the vaccinated group and those they come into contact with.
According to their model, proper prioritization can reduce total fatalities by up to 70%.
Vietnam braces for Typhoon Vamco, 53 dead in Philippines
Vietnam is prone to destructive storms and flooding due to its long coastline. Vamco will be the 13th storm that affects the Southeast Asian country this year, where more than 160 people have been killed in natural disasters triggered by a series of storms since early October.
“There has been no respite for more than eight million people living in central Vietnam,” said Nguyen Thi Xuan Thu, Vietnam Red Cross Society President. “Each time they start rebuilding their lives and livelihoods, they are pummelled by yet another storm.”
Goldman hires Barclays banker to ride insurance deal boom
Trust in vaccines vital to end pandemic, WHO says
But with the pandemic continuing to surge after already claiming some 1.3 million lives, she voiced deep concern at growing signs of vaccine hesitancy, with misinformation and mistrust coloring people’s acceptance of scientific advances.
More needed to be done to boost public “confidence in the fact that the vaccines that WHO is involved in evaluating, we will not be compromising on safety or efficacy,” she said.
A better tomorrow won’t fix India’s broken today
China regulator says financial innovation must not create oligopolies
Sensex, Nifty make modest gains in special Diwali day session
“Muhurat” means auspicious in Hindi, and many traders believe gains made during this session bring prosperity and wealth in the year ahead. Regular trading resumes on Tuesday.
BPCL investors were among the happiest lot, as the stock climbed 5.19 per cent to Rs 414.45, emerging as the biggest gainer among Nifty constituents. Indian Oil, Tata Motors, HDFC Life Insurance, Sun Pharma and Coal India NSE 0.95 % were other major gainers, rising 1-3 per cent.
On the other hand, Hindalco was the biggest loser in the pack, falling 1.21 per cent to Rs 208. Hero MotoCorp, JSW Steel, SBI, Bajaj Finance and Shree Cement were other top losers, down up to 1 per cent.
Volatility indicator, India VIX, came down further, signalling a drop in nervousness among traders. The index settled 2.8 per cent down at 19.15.
Broader market induces also logged solid gain, outperforming their headline peers. Nifty Smallcap Index added 0.67 per cent and Nifty Midcap 0.38 per cent. Nifty500, the broadest index on NSE, advanced 0.38 per cent.
Microsoft urges action on health care cyber attacks
HelpAge India receives the 2020 UN Population Award’ for its outstanding service
There are an estimated 106 million elderly in India. HelpAge India provides relief through various agecare, healthcare & livelihood interventions such as – it runs one of the largest network of Mobile Healthcare Units in India, provides agecare services through care homes. It has pioneered Elder-Self-Help-Groups in rural India, for providing livelihood opportunities. It operates a national Elder Helpline service and empowers seniors through Digital Literacy workshops, so they are not excluded from the social fabric and can lead active & independent lives.
Hurricanes staying stronger longer after landfall than in past
“If their conclusions are sound, which they seem to be, then at least in the Atlantic, one could argue that insurance rates need to start going up and building codes need to be improved … to compensate for this additional wind and water destructive power reaching farther inland,” said University of Miami hurricane researcher Brian McNoldy, who wasn’t part of the study
Parents say employers are illegally firing them during Pandemic
Parents who’ve lost their jobs during the pandemic are driving a surge of litigation, alleging their employers discriminated against them for taking care of their kids when schools closed. Since March, working parents have filed at least 40 lawsuits...
U.S. court upholds Harvard race-based admissions
U.S. Circuit Judge Sandra Lynch, however, said Harvard’s use of race was not “impermissibly extensive” and was instead “meaningful,” because it prevented diversity from plummeting.
“Harvard’s race-conscious admissions program ensures that Harvard can retain the benefits of diversity it has already achieved,” she said.
Tsunami-hit reactor in northeast Japan gets final approval to restart
Onagawa was the closest among Japan’s nuclear stations to the epicentre of the magnitude-9 quake in March 2011, which triggered a tsunami that killed nearly 20,000 people as well as causing the worst atomic disaster since Chernobyl in 1986.
The station was swamped by the tsunami, but survived with its cooling system intact, saving its reactors from the threat of meltdowns similar to those that occurred at Tokyo Electric Power’s Fukushima Daiichi station to the south.
Europe ‘must grit teeth’ on COVID-19 as vaccine euphoria fades
As the euphoria that followed Pfizer’s announcement faded, European shares slipped back from their eight-month highs, with poor economic data from Britain adding to doubts about the rebound from the brutal slump caused by the first lockdowns.Its economy lost steam in September, hardening expectations that it will shrink again as 2020 ends.
Britain passed 50,000 COVID-19 deaths this week, and the 33,470 new cases registered on Thursday were its highest daily tally to date.
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Swiss financial market supervisor sees pandemic’s strain lasting
WHO to set up centre for traditional medicine in India
“This new centre will support WHO’s efforts to implement the WHO traditional medicine strategy 2014-2023 which aims to support countries in developing policies and action plans to strengthen the role of traditional medicine as part of their journey to universal health coverage and a healthier, fairer and safer world,” WHO Director General Tedros Adhanom Ghebreyesus said.