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via finance.yahoo04/13/2021

Pfizer to pursue bringing COVID-19 vaccine to India after import relaxation - Yahoo Finance

Pfizer Inc said on Tuesday it would work towards bringing the COVID-19 vaccine it developed with Germany's BioNTech to India after the government eased import rules, after withdrawing its application in February. "We have noted the recent announcement with regard to the regulatory pathway for global vaccines," a Pfizer spokesperson told Reuters in an email. "We remain committed to continuing our engagement with the government towards making the Pfizer and BioNTech vaccine available for use in the government’s immunisation program."

via finance.yahoo04/13/2021

India fast-tracks emergency approvals for foreign-produced COVID-19 vaccines - Yahoo Finance

India said on Tuesday it would fast-track emergency approvals for foreign-produced COVID-19 vaccines that have been granted emergency authorisation in other countries, as infections surge. "The first 100 beneficiaries of such foreign vaccines shall be assessed for seven days for safety outcomes before it is rolled out for further immunisation programme within the country," the health ministry said in a statement.

via arabnews04/12/2021

Saudi Arabia's King Salman calls on Muslims to reject differences and discord - Arab News

RIYADH: Saudi Arabia’s King Salman on Monday called on Muslims to reject differences and discord, and to arbitrate the language of reason. In a speech marking the start of the month of Ramadan, the king said the Kingdom has achieved great efforts in confronting the coronavirus pandemic. “We hope that everyone will adhere to the preventive measures and apply for the vaccine,”

via finance.yahoo04/12/2021

Saudi Arabia Major Projects Report, H1 2021-2023 - Growing Backlog of Projects Should Combine to See Overall Project Spending to Rise to More than $36 Billion in 2021 - Yahoo Finance

Dublin, April 12, 2021 (GLOBE NEWSWIRE) -- The "Saudi Arabia Projects, H1 2021 - Outlook of Major Projects in Saudi Arabia - MEED Insights" report has been added to's offering. The COVID-19 pandemic has in most countries caused significant disruption to the projects market and Saudi Arabia has been no exception. As the coronavirus took hold and the kingdom went to economic lockdown in the Spring, the government announced a raft of measures including a cut back in projects spending as its revenues from oil sales declined sharply.The impact is no better highlighted than in the performance of the projects market. For 2020 as a whole, just $18.2bn worth of contracts were awarded in total, making last year the worst year in at least a decade. Indeed, only a paltry $5bn worth of deals were let in the second six months of the year as the economy drew almost to a halt.Nonetheless, the projects market is expected to rebound fairly strongly this year as life returns to normal and the crude price exceeds $60 a barrel. The government is also talking bullishly by recommitting to its ambitious projects spending plans under its 2030 Vision. It has also doubled downed on its self-styled 'gigaprojects' programme which is set to transform the economic landscape in the kingdom.Increased government spending and a growing backlog of projects should combine to see overall project spending to rise to more than $36bn in 2021 which would be on par with the totals seen in the 2017-19 period. However, the kingdom is still vulnerable to the vagaries of the oil price and investor confidence, and it remains to be seen whether it can successfully push through with its plans in the long-run.Reasons to Buy Opportunities and challenges in the kingdom's projects marketAnalysis of the pipeline of planned projects and contract awards 2021-2023Key policies and drivers shaping the outlook for projects in Saudi ArabiaPolitical and economic backgroundThe barriers and challenges that may ariseSector-by-sector breakdown of future project plansKey drivers of projects in each sectorSaudi Arabia's most valuable key projects and major project sponsors Key Topics Covered: Preface Executive SummarySaudi Arabia Country OverviewSaudi Arabia Projects MarketOil and GasConstructionTransportIndustrialPower and Water List of Tables Top ProjectsBiggest planned and un-awarded projects in Saudi ArabiaTop Oil and Gas Sector ProjectsBiggest planned and un-awarded Oil and Gas projects in Saudi Arabia Due in Bidding StageBiggest planned and un-awarded Oil and Gas projects in Saudi Arabia at Design, FEED or Study StageTop Construction Sector ProjectsBiggest planned and un-awarded Construction projects in Saudi Arabia Due in Bidding StageBiggest planned and un-awarded Construction projects in Saudi Arabia at Design, FEED or Study StageTop Transport Sector ProjectsBiggest planned and un-awarded Transport projects in Saudi Arabia Due in Bidding StageBiggest planned and un-awarded Transport projects in Saudi Arabia at Design, FEED or Study StageTop Industrial Sector ProjectsBiggest planned and un-awarded Industrial projects in Saudi Arabia Due in Bidding StageBiggest planned and un-awarded Industrial projects in Saudi Arabia at Design, FEED or Study StageTop Power and Water Sector ProjectsBiggest planned and un-awarded Power and Water projects in Saudi Arabia Due in Bidding StageBiggest planned and un-awarded Power and Water projects in Saudi Arabia at Design, FEED or Study Stage For more information about this report visit CONTACT: CONTACT: Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

via arabnews04/10/2021

Saudi Arabia announces ten more COVID-19 deaths - Arab News

RIYADH: Saudi Arabia announced ten deaths from COVID-19 and 878 new infections on Saturday. Of the new cases, 410 were recorded in Riyadh, 149 in Makkah, 141 in the the Eastern Province, 30 in Hail, 28 in Asir, 24 in Madinah, 23 in Jazan, 22 in Tabuk, nine in Al-Jouf, eight in Najran and eight in the Northern Borders region. The total number of recoveries in the Kingdom

via arabnews04/09/2021

Saudi Arabia announces nine more COVID-19 deaths - Arab News

RIYADH: Saudi Arabia announced nine deaths from COVID-19 and 904 new infections on Friday. Of the new cases, 401 were recorded in Riyadh, 169 in Makkah, 143 in the the Eastern Province, 39 in Asir, 25 in Madinah, 25 in Hail, 22 in Jazan, 19 in Tabuk, 12 in Najran, 10 in the Northern Borders region and nine in Al-Jouf. The total number of recoveries in the Kingdom increased to

via arabnews04/09/2021

Saudi Air Force concludes Aces Meet 2021 exercise with Pakistan and US counterparts - Arab News

RIYADH: The Royal Saudi Air Force (RSAF) concluded a mixed air exercise with their US and Pakistani counterparts at the Mushaf air base in Pakistan's Punjab province, the Kingdom’s defense ministry said on Thursday. The “Aces Meet 2021” maneuvers concluded in the presence of Saudi Ambassador to Pakistan Nawaf bin Saeed Al-Maliki, the military attaché Maj. Gen. Awad bin

via nytimes04/13/2021

Johnson & Johnson Vaccine Live Updates: States Pausing Doses, Blood Clotting and More - The New York Times

The authorities in Ohio, New York, Georgia, Virginia and several other states said they would follow the call from federal health agencies to pause the administration of Johnson & Johnson’s vaccine after six women in the United States developed a rare disorder involving blood clots within about two weeks of vaccination. The virus is also surging in some parts of the U.S.

via finance.yahoo04/13/2021

China reports 9 new COVID-19 cases vs 16 a day earlier - Yahoo Finance

China reported nine new COVID-19 cases on April 12, down from 16 cases a day earlier, the country's national health authority said on Tuesday. The National Health Commission said in a statement that one of the new cases was a local infection reported in Yunnan province, which is dealing with a cluster that emerged in Ruili city on the border with Myanmar. The number of new asymptomatic cases, which China does not classify as confirmed cases, rose to 18 from 12 cases a day earlier.

via finance.yahoo04/12/2021

Regeneron's COVID-19 cocktail helps prevent symptomatic disease - study - Yahoo Finance

Regeneron's COVID-19 antibody cocktail helped cut the risk of symptomatic infections by 81% among people in households where another member had become ill, according to a statement on Monday from its manufacturing partner, Roche. "The subcutaneous administration of casirivimab and imdevimab reduced the risk of symptomatic infections by 81% in those who were not infected when they entered the trial," Roche said. "In addition, individuals treated with casirivimab and imdevimab who still experienced a symptomatic infection resolved their symptoms on average within one week, compared to three weeks with placebo," the company said.

via ctvnews.ca04/11/2021

IMF: Coronavirus vaccine inequity threatens Mideast's economic recovery - CTV News

Middle East economies are recovering from the coronavirus pandemic faster than anticipated, largely due to the acceleration of mass inoculation campaigns and an increase in oil prices. But the International Monetary Fund warned Sunday that an uneven vaccine distribution would derail the region's rebound, as the prospects of rich and poor countries diverge.

via arabnews04/09/2021

Saudi Arabia: Vaccine required to enter Prophet's Mosque, permit needed for Umrah - Arab News

RIYADH: Saudi Arabia has announced that only vaccinated or immune worshippers will be allowed to enter the Prophet’s Mosque in Madinah and that pilgrims who perform Umrah without a permit during Ramadan will be fined SR10,000 ($2,666) in a bid to prevent spread of the coronavirus. An official source in the Ministry of Interior said that a fine of SR10,000 will be imposed on

via arabnews04/09/2021

Norway PM fined for violating coronavirus restrictions - Arab News

OSLO: Norwegian Prime Minister Erna Solberg received a hefty fine on Friday for breaking the country’s virus curbs by organizing a family birthday dinner that she ended up not attending, police said. Police concluded that the dinner organized in part by Solberg had exceeded the number of guests allowed at private functions. For the infraction, the head of government was fined

via arabnews04/09/2021

Saudi Arabia hosts world tourism crisis meeting - Arab News

RIYADH: Saudi Arabia hosted on Thursday the Global Tourism Crisis Committee meeting of the World Tourism Organization (UNWTO). During the meeting, the committee presented its recommendations on how to resume safe travel, and the procedures that must be adhered to to restore travelers’ confidence.

via finance.yahoo04/12/2021

Italy reports 358 coronavirus deaths on Monday, 9,789 new cases - Yahoo Finance

Italy reported 358 coronavirus-related deaths on Monday against 331 the day before, the health ministry said, while the daily tally of new infections fell to 9,789 from 15,746. Italy has registered 114,612 deaths linked to COVID-19 since its outbreak emerged in February last year, the second-highest toll in Europe after Britain and the seventh-highest in the world. The total number of intensive care patients slightly rose to 3,593 from a previous 3,585.

via arabnews04/12/2021

UAE may invest in a COVID vaccine production facility in Indonesia - Arab News

DUBAI: The UAE may invest in a COVID-19 vaccine production facility in Indonesia, Energy and Infrastructure Minister Suhail Al-Mazrouei said on Monday. He said there has been an exceptional boom in economic relations between the UAE and Indonesia, especially during the past ten years, and currently the UAE has a number of promising projects that will strengthen bilateral

via arabnews04/11/2021

Saudi Arabia's King Salman approves Tarawih prayers in Two Holy Mosques - Arab News

RIYADH: Saudi Arabia’s King Salman has approved Tarawih prayers to be held in the Grand Mosque in Makkah and the Prophet’s Mosque in Madinah during Ramadan, but to reduce them to 10 raka’ats. Sheikh Abdul Rahman Al-Sudais, head of the Presidency for the Affairs of the Two Holy Mosques, said the decision was based on King Salman’s keenness to continue holding rituals in both

via finance.yahoo04/11/2021

U.S. administers 189.7 mln doses of COVID-19 vaccines - CDC - Yahoo Finance

The United States has administered 189,692,045 doses of COVID-19 vaccines in the country as of Monday morning and distributed 237,796,305 doses, the U.S. Centers for Disease Control and Prevention said on Monday. The tally is for Moderna, Pfizer/BioNTech, and Johnson & Johnson's vaccines as of 6:00 a.m. ET on Monday, the agency said. According to the tally posted on April 11, the agency had administered 183,467,709 doses of the vaccines, and distributed 237,791,735 doses.

via finance.yahoo04/09/2021

Oil Posts Worst Week in Three With Demand Recovery in Focus - Yahoo Finance

(Bloomberg) -- Oil posted its worst week in three amid concerns that rising global coronavirus cases are slowing the economic recovery.West Texas Intermediate futures ended the week down 3.5%, the biggest weekly loss since mid-March. With the Organization of Petroleum Exporting Countries and its allies planning to start raising output, markets are now focused on whether the demand recovery will be enough to absorb growing supplies.While consumption is climbing in India and the U.S., rising virus cases and the possibility of stricter travel limits in Europe are muddying the forecast and putting pressure on crude. Oil plunged Monday after the U.K. said it may delay global travel beyond May 17.“The Covid situation has really not had a strong recovery in Europe and across many emerging markets, and that’s really weighed down the demand outlook for oil,” said Edward Moya, senior market analyst at Oanda Corp.A stronger dollar also weighed on oil Friday, reducing the appeal of commodities priced in the currency. A higher-than-expected rise in U.S. March producer prices stoked inflation concerns.“If we get some hotter inflation readings, that could send Treasury yields higher again,” negatively impacting oil, according to Moya.Saudi Arabia said it remains confident that OPEC+ made the right decision to increase production over the next three months, and there are signs of better days ahead for demand that could soak up the additional barrels.India’s oil-products demand in March rose to the strongest since late 2019, while Germany reiterated support for a short, strict lockdown in the country. In the U.S., traffic is roaring back in some cities, an indication of stronger demand this summer.Making the calculation even more complex are ongoing talks between Iran and world powers to resuscitate a 2015 nuclear deal, which would set the stage for the Persian Gulf to increase supply. Negotiations are set to continue next week, though no direct contacts between Iranian and U.S. envoys have yet been made.Crude in New York has around $60 a barrel since mid-March, with market volatility slumping to the lowest in a month. Prices haven’t broken out of a $5 trading range over recent weeks, and have oscillated in smaller and smaller bands with each passing day -- creating a technical pattern some see as indicative of a breakout higher.“We’re toward the lower end of the range on concerns over the global economic recovery,” said Gary Cunningham, director at Stamford, Connecticut-based Tradition Energy. “Until we start to see some jet fuel demand come back, Asian demand pick up and European countries ease restrictions,” prices may not surge much higher in the near term.(A previous version of the story corrected size and scope of India oil-products consumption in third paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

via bmj04/09/2021

Covid-19: a disaster five years in the making - The BMJ

The covid-19 pandemic is not a one-off extraordinary event but the culmination of a five year unravelling of progress in global health, writes Peter Hotez We live in extraordinary times in global health. Through two decades of the United Nations’ millennium and sustainable development goals, the number of childhood deaths from measles and some other vaccine preventable infections has fallen by as much as 87%.1 The launch and support of global vaccination programmes through Gavi, the Vaccine Alliance, and mass treatment programmes for HIV-AIDS, malaria, tuberculosis, and neglected tropical diseases have produced enormous global health gains.1 We are also moving towards the elimination of neglected tropical diseases including onchocerciasis, lymphatic filariasis, scabies, yaws, and trachoma, with major falls in the incidence of AIDS in Africa and elsewhere. The benefits of these successes go beyond public health to reduced poverty through improvements in productivity, child development, and maternal-fetal outcomes. Global security has also been strengthened. Over the past 5-6 years, however, we have seen abrupt reversals in these developments leading to the emergence or re-emergence of both vaccine preventable diseases and neglected infections in multiple areas of the world. And that’s before the onset of covid-19. Humanity is able to make tremendous gains against global disease like never before—but we have allowed those gains to unravel. The novel coronavirus has shown us the consequences of this. Between 2015 and 2020 a group of new social determinants, sometimes working synergistically with climate change, accelerated to halt or collapse health systems and bring back illness globally.1 Among the most potent of these were political instability and conflict. In Venezuela, failed policies of the Maduro regime together with dropping oil prices in 2015 precipitated a total socioeconomic collapse that began under former president Hugo Chavez. Interruption to childhood vaccination programmes contributed …