Tag: Economic

  • Vanguard economic and market outlook for 2019: Down but not out

    Vanguard economic and market outlook for 2019: Down but not out

    In its annual global economic and market outlook, Vanguard outlines its expectations for growth, inflation, monetary policy, and more.
    Vanguard economic and market outlook for 2019: Down but not out
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  • Coronavirus latest news: Economic impact of pandemic ‘worse than 2008’

    Coronavirus latest news: Economic impact of pandemic ‘worse than 2008’

    The latest coronavirus news updated every day including coronavirus cases, the latest news, features and interviews from New Scientist and essential information about the covid-19 pandemic
    Coronavirus latest news: Economic impact of pandemic 'worse than 2008'
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  • Schistosomiasis elimination: refocusing on snail control to sustain progress

    Schistosomiasis elimination: refocusing on snail control to sustain progress

    Substantial progress has been made during the past decade to prevent and control schistosomiasis (also known as bilharziasis) globally. The disease affects more than 230 million people, mostly in sub-Saharan Africa.

    Progress is mainly due to large-scale periodic treatment of affected populations with praziquantel, the only medicine recommended by the World Health Organization (WHO) against all forms of schistosomiasis. Regular treatment cures mild symptoms and prevents
    progression to severe, chronic disease.

    “Through progressive scale-up of periodic large-scale treatment
    to control morbidity in many endemic countries, we are closer to
    achieving the minimum target of 75% global coverage of all school‐aged
    children,
    ” said Dr Amadou Garba Djirmay, who leads WHO’s global schistosomiasis control programme. “But
    if we want to achieve elimination, we must go a step further to
    introduce snail control in hot spots and in areas targeting elimination.
    This is bound to increase impact and accelerate progress towards
    interruption of transmission
    .”

    Expansion of treatment is largely supported by donated praziquantel from Merck KGaA of up to 250 million tablets annually. In 2018, almost 78 million children were treated, representing 63% of all school‐aged children eligible for treatment.

    Transmission: role of snails

    Schistosomiasis is an acute, chronic parasitic disease caused by infection with trematode worms of the genus Schistosoma. It is prevalent in tropical and subtropical areas, especially in poor, rural communities that have little or no access to
    safe drinking‐water and basic sanitation. Infection is transmitted when people suffering from schistosomiasis contaminate freshwater sources when evacuating urine and faeces containing the parasite’s eggs.

    Once an egg comes into contact with fresh water, it releases miracidia (hatchlings) which enter a snail and produce hundreds of cercariae (larvae) daily. The cercariae enter the human body on contact with the skin and develop into adult worms.

    Besides treatment with praziquantel, eliminating snail hosts and improving sanitation are important methods for sustainable prevention of the disease. Dam and irrigation projects are known to be potential sites for outbreaks of the disease. Snail management,
    often achieved through mollusciciding, can help to reduce transmission by eliminating these intermediate snail hosts.

    Vector control

    In 2017, the World Health Assembly – WHO’s decision making body – adopted resolution WHA70.16 on the Global Vector Control
    Response, calling on Member States to develop or adapt national vector control strategies and operational plans. The strategy aims to reduce by at least 40% the incidence of vector borne diseases, including schistosomiasis, by 2025.

    In response, WHO is reinforcing snail control as part of its strategic approach to achieve the target of eliminating schistosomiasis as a public health problem and, ultimately, the goal of elimination of transmission. Snail control will complement mass
    treatment campaigns and sustain the public health impact of this core intervention.

    To facilitate implementation of snail control, in 2019 WHO published on specific, standardized procedures and criteria for efficacy
    testing and evaluation and in 2017 a manual on the use of molluscicides in the field. WHO is also planning to strengthen capacities
    of health staff in medical malacology in order to reinforce snail control activities in countries.

    In the past, molluscicides (particularly niclosamide1 based products) were widely used in schistosomiasis control programmes. For example, in China programmes largely relied on snail control for over 30 years to overcome the disease as a public
    health problem. In other parts of the world, however, snail control programmes were gradually discontinued and competencies faded away.

    “Snail control is a crucial component of the global schistosomiasis elimination strategy,” said Dr Rajpal Yadav, Scientist, WHO Department of Control of Neglected Tropical Diseases. “It
    is time we look for new snail control products that are cost–effective
    and of low risk to humans and the environment. Some efforts are being
    made to explore molluscicide compounds from plants, marine algae and
    microorganisms
    .”

    An integrated control strategy involving mass treatment with praziquantel, snail control and environmental modification, wider access to sanitation and safe water, economic and environmental development, health education and poverty-alleviation can greatly
    contribute to sustainable control and elimination of schistosomiasis.

    WHO’s new road map on neglected tropical diseases for 2021–2030, due to be launched later this year, advocates enhanced financial and political support to achieve the target of interruption of transmission. Additional research to address gaps,
    develop tools and optimize the impact of existing programmes with snail control will complement the core strategic approach.

    Schistosomiasis: forms of the disease

    There are two major forms of schistosomiasis – intestinal and urogenital.

    Intestinal schistosomiasis usually results in diarrhoea and blood in the stool; enlargement of the liver and of the spleen and portal hypertension are common in advanced cases.

    Urogenital schistosomiasis is characterized by the presence of blood in the urine. Chronic infection results in fibrosis of the bladder and ureter that can evolve to hydronephrosis and create conditions for bladder cancer.

    In women, urogenital schistosomiasis can cause vaginal bleeding, pain during sexual intercourse and nodules in the vulva, a condition now described as female genital schistosomiasis. In men, urogenital schistosomiasis can induce disease in the seminal
    vesicles and prostate.


    1Limitations with the use of formulations based on niclosamide include restrictions on the usage of water immediately after application and temporary toxicity to non-target aquatic organisms including
    fish, amphibians and invertebrates. 

     

        Schistosomiasis elimination: refocusing on snail control to sustain progress
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      • Coronavirus: Stop Wasting Testing Kits On Politicians, AIED Tells NCDC

        Coronavirus: Stop Wasting Testing Kits On Politicians, AIED Tells NCDC

        Coronavirus: Stop Wasting Testing Kits On Politicians, AIED Tells NCDC 1

        Coronavirus: Stop Wasting Testing Kits On Politicians, AIED Tells NCDC 2


         

        The Advocacy for Integrity and Economic Development has urged the Nigeria Centre for Disease Control to stop wasting “limited testing kits” on political office holders and government officials. 

        In a statement on Thursday by its Director of Media and Publicity, Comrade O’Seun John, the organisation said the unchecked usage of the scarce testing kits for COVID-19 on government officials and politicians is appalling and a disservice to ordinary Nigerian, who deserve to be truly tested. 

        The statement reads, “We have noticed with utmost dismay the unending wastage of scarce testing kits for COVID-19 on politicians and political office holders at the detriment of the masses. 

        “We find this endeavour as a disservice to the people of Nigeria who should be the primary focus of the Nigerian Centre for Disease Control and Ministry of Health. 

        “From several reports, the NCDC conducts an average of two tests on governors, senators, House of Representatives and Assembly members, Chief of Staff to the President amongst other influential figures in the country. 

        “These individuals have been solely responsible for the decades of decay and backwardness our health care system is facing. They stood aloof and budgeted billions of naira for frivolous expenses while the citizens suffer in penury, they do not deserve to enjoy the benefits from magnanimous philanthropists who have inconvenient themselves to help Nigerians. 

        “It is also on record that most, if not all, of the cases recorded or perceived in the corridors of power have been caused by the sheer refusal to submit to simple emergency protocols and checks at the airports. Nigerians should not then be the ones suffering for the ego and pride of these few ones. 

        “While we acknowledge that not every Nigerian will get tested for COVID-19, it is extremely important that these testing kits are kept safely for the primary use of the average Nigerian. 

        “The present statistics of less than 200 individuals who have received testing from the NCDC is disgraceful for a population of almost 200 million people. NCDC must channel its resources on improving the testing rates for Nigerians.

        “The NCDC should leave the politicians alone and focus on Nigerians who are more in number and at a greater risk. If any politician feels the need to get tested, such politician can charter a flight to Europe, Asia or America where they get their routine medical check-up.” 

         

         

         

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        Coronavirus: Stop Wasting Testing Kits On Politicians, AIED Tells NCDC
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      • Court Orders Forfeiture Of Retired Army General’s N293m, Property Over Financial Theft

        Court Orders Forfeiture Of Retired Army General’s N293m, Property Over Financial Theft

        Court Orders Forfeiture Of Retired Army General’s N293m, Property Over Financial Theft 3

        Court Orders Forfeiture Of Retired Army General’s N293m, Property Over Financial Theft 4


        The Federal High Court in Lagos on Thursday ordered the forfeiture of N293m, six parcels of land and 30, 000 MTN shares recovered from a former commander of the military Joint Task Force, Operation Pulo Shield, in the Niger Delta, Maj. Gen. Emmanuel Atewe (retd).

        Justice Mohammed Liman made an order for the temporary forfeiture of the assets to the Nigerian Government following an ex parte application by the Economic and Financial Crimes Commission.

        The EFCC alleged that the assets were part of proceeds of N8.5bn, which Atewe allegedly diverted from the military operation between September 5, 2014 and May 20, 2015.

        The landed properties were identified as 50 hectares of farmland at Plot No. FL746B Gaube Farmland Extension II Layout, Kuje, Abuja; a piece of land located at Commercial Layout, Yenagoa Gardens, Bayelsa State; one hectare of land in Kuje District, Abuja; Plot No. CP10, Sector Centre B Layout, Kuje, Abuja; Plot MF62 Outer Northern Expressway Cadastral Zone, Abuja; Plot No. 1228 Jahi, Abuja; four hectares of land designated as Plot No.CP6386 and Plot No.CP6387, Sabon Lugbe, Abuja.

        An investigating officer of the EFCC, Adamu Yusuf, said Atewe purchased the 30,000 MTN shares for N170,350,000.

        Counsel to the EFCC, Rotimi Oyedepo, said it would be in the interest of justice for the court to order the temporary forfeiture of the assets.

        After listening to him, Justice Liman granted the prayers and ordered that the temporary forfeiture order be published in a national newspaper.

        The judge adjourned until April 20 for anyone interested in the assets to appear before him to show reasons why they should not be permanently forfeited to the Nigerian Government.

        The EFCC had since 2016 been prosecuting Atewe alongside a former Director-General of the Nigerian Maritime Administration and Safety Agency, Patrick Akpobolokemi; Kime Engozu and Josephine Otuaga.

        They were accused of conspiring to divert N8.5bn of the military Operation Pulo Shield in the Niger Delta.

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      • Socso launches programme to assist workers who have lost jobs

        Socso launches programme to assist workers who have lost jobs

        Socso launches programme to assist workers who have lost jobs 5

        KUALA LUMPUR: The Human Resources Ministry, through its agency, the Social Security Organisation (Socso), has launched the Employment Retention Programme (ERP) to assist workers who have lost their jobs.

        Minister Datuk Seri M. Saravanan (pix) said the programme which was introduced as part of the 2020 Economic Stimulus Package, will be implemented through the Employment Insurance System.

        “The assistance will be provided in the form of temporary financial benefits and employment services,” he said in a Public Service Announcement today.

        In this connection, Kumpulan Wang Pembangunan Sumber Manusia (KWPSM) also launched a 2020 Training Stimulus Package which will benefit more than 40,000 local workers in the hotel, tourism management and air transport sectors which have been affected by Covid-19.

        Saravanan reminded employers not to impose employee pay cuts or force employees to use their annual leave during the length of the government’s Movement Control Order aimed at containing Covid-19.

        “It is the responsibility of employers to ensure the well-being and health of their workers,” he stressed.

        The minister also called on Malaysians to abide by the Movement Control Order which took effect on March 18 and was recently extended to April 14.

        “Stay calm, stay home,” he urged. – Bernama

        Socso launches programme to assist workers who have lost jobs
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      • Muslims urged to perform hajat prayer simultaneously tomorrow

        Muslims urged to perform hajat prayer simultaneously tomorrow

        Muslims urged to perform hajat prayer simultaneously tomorrow 6

        PUTRAJAYA: Muslims in Malaysia are encouraged to perform solat hajat (prayer of need) simultaneously in their respective homes after the Zohor prayer tomorrow in seeking protection and blessings in the face of the current situation in the country.

        Minister in the Prime Minister’s Department (Religious Affairs) Datuk Seri Dr Zulkifli Mohamad Al-Bakri said the Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah had urged that he proposed a plan for the prayer to be performed simultaneously nationwide.

        “After much contemplation I have decided that the appropriate date and time for the prayer to be held simultaneously by Muslims wherever they may be, is on Friday, March 27, after zohor prayer,“ he said in a statement today.

        Instead of the congregational prayer this Friday, Zulkifli called on Muslims to increase their zikr adding that this is the time for them to turn back to Allah in forgiveness, repentance and supplication.

        In another development Zulkifli said the application for aid to those affected by the Covid-19 outbreak regardless of their race, religion, state or political affiliation, has been simplified to expedite distribution.

        In fact he said to facilitate submission of application to the Federal Territory Islamic Religious Council, the required documents could be sent via WhatsApp without having to go to the office.

        “I would like to emphasise that the aid which include other provisions is not only extended to Muslims but also to others who are in need,” he said adding the quantum from the related agencies and the number of beneficiaries would be announced soon.

        Zulkifli added that since the #MUSAADAHCOVID-19 mission started on March 19 to date, RM29.01 million have been spent on the vulnerable groups.

        He said donations which were given to those living in Kuala Lumpur, Putrajaya, Labuan as well as other states would continue until the MCO ruling ends,

        The mission was the joint efforts of the Malaysian Islamic Economic Development Foundation, Federal Territory Zakat Collection Centre, Federal Territories Islamic Religious Council, Waqaf Foundation Malaysia and the Federal Territories Islamic Religious Department. – Bernama

        Muslims urged to perform hajat prayer simultaneously tomorrow
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      • Oil Benchmark Slashed To $30 Per Barrel By Nigerian Government

        Oil Benchmark Slashed To $30 Per Barrel By Nigerian Government

        Oil Benchmark Slashed To $30 Per Barrel By Nigerian Government 9

        Oil Benchmark Slashed To $30 Per Barrel By Nigerian Government 10


         

        The Nigerian Government on Wednesday proposed $30 per barrel of oil so as to work the 2020 national budget around that.

        The announcement was made by the Minister of Finance, Zainab Ahmed, in Abuja.

        Ahmed advised a review of the 2020 budget using a $30 per barrel price benchmark in favour of the previous $57.

        She also said, “The privatisation proceeds will be cut by 50 per cent, based on the adverse economic outlook on sales of the Independent Power Projects and other assets.

        “The Federal Government is working on Fiscal Stimulus Measures to provide fiscal relief for taxpayers and key economic sectors.

        “We will incentivise employers to retain and recruit staff during the economic downturn.

        “We will stimulate investment in critical infrastructure; review non-essential tax waivers to optimise revenues, and compliment monetary and trade interventions to respond to the crisis.”

         

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      • Adamawa Governor Denies Refusal To Pay N32,000 New Minimum Wage

        Adamawa Governor Denies Refusal To Pay N32,000 New Minimum Wage

        Adamawa Governor Denies Refusal To Pay N32,000 New Minimum Wage 11

        Adamawa Governor Denies Refusal To Pay N32,000 New Minimum Wage 12


         

        Adamawa State governor, Ahmadu Fintiri, has debunked media reports claiming that his administration had backed down on paying the N32,000 new minimum wage.

        The governor said that workers on Grade Level 1 to 6 had been paid their March salaries with the new minimum wage template.

        A section of the mass media had on Tuesday quoted the government as saying the new minimum wage was suspended due to hardship caused by the outbreak of Coronavirus in the country.

        Solomon Kumangar, Director General, Media and Communications to the governor, on Wednesday said only the consequential adjustment affecting workers from Level 7 to 17 was suspended temporarily.

        He said, “Government wishes to draw the attention of the public to the regrettable misunderstanding arising from an earlier statement regarding the payment of March salaries without the consequential adjustment agreed upon by organised labour.

        “As at now, workers have started receiving March salary alerts with the N32,000 minimum wage.

        “It is only the consequential adjustment that the government was unable to implement due to the economic crunch imposed by the global pandemic Covid-19.”

         

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