Tag Archives: needs

The PM aims to formulate a plan to meet the future needs of the essential goods – Pakistan | Instant News


Published in 25 February 2021 19:00

PM directs to formulate plans to meet the needs of important items in the future

ISLAMABAD (Dunya News) – Prime Minister Imran Khan has directed to formulate a comprehensive plan to meet future needs and any emergency situations regarding prices and availability of essential goods in sufficient quantity.

Chairing a review meeting in Islamabad on Thursday on prices and availability of essential goods, he said strict legal action must be taken against hoarders and profiteers.

The Prime Minister stressed that efforts must be made to avoid additional burdens on the poor. He also emphasized strengthening coordination between provinces to end the disparity in prices for basic necessities.

Imran Khan instructs to use information technology to shift agricultural produce from the field to the market so that the procedure is more transparent so that farmers and consumers can get the best price.

He suggested increasing the number of warehouses for storage of edible goods on modern lines.

.



image source

Analysis: “Russian roulette” in Europe due to a shortage of syringes is preventing the COVID-19 firing | Instant News


PARIS / BERLIN (Reuters) – Laurent Fignon, a geriatric doctor in southern France, had to improvise while administering Pfizer and BioNTech’s Covid-19 vaccine shots to orphanage residents and health workers because of the proper supply of syringes. and a short syringe.

Getting six full doses from a Pfizer / BioNTech syringe – as permitted this month by European Union health regulators – requires a needle thin enough to minimize waste and long enough to deliver the injection, as needed, to the recipient’s shoulder muscle.

Fignon hospital in the Mediterranean resort of Cannes was sent syringes from French public health authorities that were too short, he said, forcing him to hunt for supplies locally. Other nearby hospitals got proper syringes and were generous enough to share several.

“For us, it is like Russian roulette,” Fignon told Reuters. “You don’t know what you will get.”

Similar shortcomings emerged elsewhere in Europe, complicating the stuttering beginnings of vaccination efforts that have been exacerbated by warnings from Pfizer and AstraZeneca, its Anglo-Swedish partner, that they will not be able to meet vaccine supply commitments any time soon.

Pfizer now predicts it will produce 2 billion doses this year, but this assumes that it will be possible to extract the full six from each bottle. It fills on a dose basis, meaning the cost of the bottle has gone up by 20%.

The European Commission is urging Pfizer and German partner BioNTech to provide more low dead space needles to extract extra doses.

BioNTech says it has purchased 50 million marketable needles to countries around the world, and is working to buy more. That compares with the EU order for up to 600 million doses of its vaccine.

Industry executives say that, while the yield of syringes is sufficient to meet current demand, chaotic ordering means they often don’t reach where they need it most. Work is underway to assess future demand and find ways to meet it, they said.

FILE PHOTOS: A vial and sryinge seen in front of the Pfizer and Biontech logos shown in the illustration taken on January 11, 2021. REUTERS / Dado Ruvic / Illustration / File Photo

COORDINATED CALLS

In Germany, vaccine distribution is handled by the central government but 16 federal states are responsible for obtaining the syringes needed to inject them – with mixed results.

Some, like Baden-Wuerttemberg and Thuringia, have had the luck of ordering the right needles and syringes early on. But others, including Bavaria, Saarland and Lower Saxony, did not and had to carry out follow-up orders, officials said.

Saxony, on the Czech border, also has to shop as scarce supplies push prices up, said Lars Werthmann, regional head of vaccine logistics at the German Red Cross.

“We can’t miss a single dose at this point. And we cannot justify failure for a 5 cent syringe, “Werthmann told Reuters.

Europe’s leading injection equipment manufacturer, a private German company called B.Braun, said it was facing increased demand for syringes and other products needed for vaccination.

“With our competitors, we are currently able to meet all the demands regarding the products required for vaccination,” said spokeswoman Christine Bossek. “We are working on solutions in parallel to ensure that this will also happen in the future.”

The German medical technology industry association, BVMed, said there were no production barriers and the supply of syringes and syringes was sufficient. But chaotic orders make distribution difficult, he added, calling for better coordination.

SHOOTING DEVICES

Switzerland has ordered so-called “firing equipment” to deliver five doses per bottle. With six now permitted, it is in talks with Pfizer to supply the equipment needed to withdraw those doses, the Federal Office of Public Health said.

Officials in the UK, which have started vaccination efforts earlier, say the health team is equipped with the right injection equipment.

Back in Cannes, Fignon says he and his colleagues have managed to extract six doses from a Pfizer bottle but this will not last unless doctors get the equipment they need.

“Some countries have the right equipment from the start; we are not here in France, “he said. The French health ministry has acknowledged that extracting the sixth dose is challenging and requires specialized equipment. It said it was in the process of making sure the right syringe reached the doctor.

In addition to BioNTech’s pledge to supply syringes at a cost, Pfizer said it was in discussions with the European Commission and EU governments about their vaccination plans, including “supporting governments in securing a low supply of dead space syringes if they need them”.

Additional reporting by John Miller in Zurich, Francesco Guarascio in Brussels, Alistair Smout in London and Ludwig Burger in Frankfurt; Written by Douglas Busvine; Edited by Nick Macfie

.



image source

‘We cannot repeat the mistakes of the past:’ Governor Cuomo responded to UK testing requirements | Instant News


Posted:
Updated:

(WSYR-TV) – On Christmas Eve, the US government said it would mandate a negative COVID-19 test from travelers originating from the UK.

On Christmas Day, Governor Andrew Cuomo issued the following statement:

“When British Prime Minister Boris Johnson announced the UK had discovered a new variant of the COVID virus that could be 70 per cent more contagious, it became clear how dangerous it is that the US government does not ask travelers to get a negative test beforehand. fly across the Atlantic.

New York is doing all it can within its limited authority over international flights, and within days we can convince British Airways, Delta and Virgin Atlantic to voluntarily test passengers before they leave the UK. I thank the airlines for their swift efforts.

But testing travelers flying to just one of the 50 states is simply not enough. I am calling on the federal government to reverse its policies and am pleased to see that it has now been done. It is common practice to test people for COVID-19 before they get on a plane. We cannot repeat the mistakes of the past, and we continue to do all we can to keep New Yorkers and Americans safe. “

.



image source

Brazil faces a $ 112 billion refinancing gap in early 2021 | Instant News


BRASILIA, Nov 24 (Reuters) – Brazil’s debt has swelled to unprecedented levels due to the COVID-19 pandemic and the government faces a $ 112 billion refinancing gap early next year, with April funding needs the highest for a month.

Publicly, at least, Treasury officials in Latin America’s top economies insist there will be no problems getting investors to lend to them. The so-called liquidity cushion can cover at least three months of the loan.

In addition, nearly all of Brazil’s debt is denominated in reais and more than 90% of it is held by domestic investors, many of whom are forced to hold it by banking regulations.

Financial analysts also see little risk of a boycott by lenders, which is likely to trigger a serious crisis and wreak havoc on Brazilian financial markets.

But the likelihood that the Ministry of Finance may have difficulty repaying debts, due to sudden unfavorable political, economic or market conditions, is not zero. And it will likely pay a premium to shift so much debt at once, analysts say.

According to Treasury Department figures, about 605 billion reais ($ 112 billion) of domestic federal debt is due in the first four months of next year. That’s 14.1% of Brazil’s 4.82 trillion reais pile of domestic debt.

The month to watch is April, when the 283 billion reais of debt will need to be extended. That is 6.6% of Brazil’s debt and will be the largest single month of maturity debt on record, according to the Ministry of Finance.

“It’s a huge number, and if people want to reduce their exposure a little bit for whatever reason, that’s a significant amount,” said Sergi Lanau, deputy chief economist at the Washington-based Institute of International Finance (IIF).

“It’s not a good situation, but it would be much worse if it was foreign debt. We are not too worried about the pile maturing. If something goes wrong at that point, then you will be exposed,” he said. the word.

The IIF analysis shows that the government’s domestic debt maturing in April amounts to 3.7% of GDP, also an all-time high for a month.

Economy Minister Paulo Guedes said he saw “no problem” for the Ministry of Finance to reimburse the debt. About half of the 600 billion reais due early next year may already be covered by cash inflows from central banks and public sector banks, he said.

STEP CURVE

The government’s surprisingly aggressive fiscal response to the pandemic, particularly through direct income transfers to the poor, has driven its deficits and debt to records that are far above most other developing economies.

Brazil’s main deficit, excluding interest payments, is estimated at nearly 12% of GDP this year, with overall debt rising to around 95% of GDP, according to the government.

That has forced the Treasury Department to borrow more, more and more in short dated paper because it’s cheaper and as growing concerns around the fiscal outlook mean investors are reluctant to lend to the government long-term loans.

While reducing average debt maturity lengths and record low official interest rates have brought average interest costs down to a record low, the so-called “roll over risk” for the Treasury has increased sharply.

“The problem is if we can’t sell any bonds. But we don’t have to worry too much, there’s money in the system,” said an interest rates specialist at a hedge fund in Sao Paulo.

“The treasury won’t run out of cash: that’s not the case. But it will continue to pay higher interest rates and see a steeper curve,” he said.

The difference between long-term and short-term interest rates has widened sharply. Before the pandemic, the difference between the January 2022 and January 2027 futures rates was 180 basis points or less. That tripled to 460 basis points in September, and is now creeping back to that all-time peak.

The Treasury has failed to sell the full allocation of bonds offered at several auctions in recent weeks, both the fixed rate ‘LTN’ note and the floating rate ‘LTF’ note linked to the central bank’s official Selic rate.

To attract buyers, the Ministry of Finance has to pay a higher premium. It also relies on other sources of financing, including a recent transfer of 325 billion reais from the central bank.

Waldery Rodrigues, special secretary of the economy ministry, said last week that a central bank selling part of its foreign currency reserves to pay debt is “on the menu” for next year, although the decision rests with the central bank.

($ 1 = 5.40 reais)

(Reporting by Jamie McGeever; Editing by Tom Brown)

.



image source

The NC governor announced $ 5 million to address food insecurity for communities hardest hit by COVID-19 | Instant News


“COVID-19 has destroyed the world, and as Pastors, we can handle this problem, but we don’t have the resources. “It is great to see Livingstone College playing a leading role as the AME Zion Church, other entities and state governments come together to tackle this great challenge,” said Dr. Dwayne Walker, Board of Trustees for Livingstone College and Pastor of Little Rock AME Zion Church in Charlotte.

.



image source