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COVID-19′s Gobal Death Toll Tops 5 Million in Under 2 Years, Corona Summary, World Stats


 

The global death toll from COVID-19 topped 5 million on Monday, less than two years into a crisis that has not only devastated poor countries but also humbled wealthy ones with first-rate health care systems.

Together, the United States, the European Union, Britain and Brazil — all upper-middle- or high-income countries — account for one-eighth of the world’s population but nearly half of all reported deaths. The U.S. alone has recorded over 740,000 lives lost, more than any other nation.

“This is a defining moment in our lifetime,” said Dr. Albert Ko, an infectious disease specialist at the Yale School of Public Health. “What do we have to do to protect ourselves so we don’t get to another 5 million?”

The death toll, as tallied by Johns Hopkins University, is about equal to the populations of Los Angeles and San Francisco combined. It rivals the number of people killed in battles among nations since 1950, according to estimates from the Peace Research Institute Oslo. Globally, COVID-19 is now the third leading cause of death, after heart disease and stroke.

The staggering figure is almost certainly an undercount because of limited testing and people dying at home without medical attention, especially in poor parts of the world, such as India.

Hot spots have shifted over the 22 months since the outbreak began, turning different places on the world map red. Now, the virus is pummeling Russia, Ukraine and other parts of Eastern Europe, especially where rumors, misinformation and distrust in government have hobbled vaccination efforts. In Ukraine, only 17% of the adult population is fully vaccinated; in Armenia, only 7%.

“What’s uniquely different about this pandemic is it hit hardest the high-resource countries,” said Dr. Wafaa El-Sadr, director of ICAP, a global health center at Columbia University. “That’s the irony of COVID-19.”

Wealthier nations with longer life expectancies have larger proportions of older people, cancer survivors and nursing home residents, all of whom are especially vulnerable to COVID-19, El-Sadr noted. Poorer countries tend to have larger shares of children, teens and young adults, who are less likely to fall seriously ill from the coronavirus.

India, despite its terrifying delta surge that peaked in early May, now has a much lower reported daily death rate than wealthier Russia, the U.S. or Britain, though there is uncertainty around its figures.

The seeming disconnect between wealth and health is a paradox that disease experts will be pondering for years. But the pattern that is seen on the grand scale, when nations are compared, is different when examined at closer range. Within each wealthy country, when deaths and infections are mapped, poorer neighborhoods are hit hardest.

In the U.S., for example, COVID-19 has taken an outsize toll on Black and Hispanic people, who are more likely than white people to live in poverty and have less access to health care.

“When we get out our microscopes, we see that within countries, the most vulnerable have suffered most,” Ko said.

Wealth has also played a role in the global vaccination drive, with rich countries accused of locking up supplies. The U.S. and others are already dispensing booster shots at a time when millions across Africa haven’t received a single dose, though the rich countries are also shipping hundreds of millions of shots to the rest of the world.

Africa remains the world’s least vaccinated region, with just 5% of the population of 1.3 billion people fully covered.

“This devastating milestone reminds us that we are failing much of the world,” U.N. Secretary-General António Guterres said in a written statement. “This is a global shame.”

In Kampala, Uganda, Cissy Kagaba lost her 62-year-old mother on Christmas Day and her 76-year-old father days later.

“Christmas will never be the same for me,” said Kagaba, an anti-corruption activist in the East African country that has been through multiple lockdowns against the virus and where a curfew remains in place.

The pandemic has united the globe in grief and pushed survivors to the breaking point.

“Who else is there now? The responsibility is on me. COVID has changed my life,” said 32-year-old Reena Kesarwani, a mother of two boys, who was left to manage her late husband’s modest hardware store in a village in India.

Her husband, Anand Babu Kesarwani, died at 38 during India’s crushing coronavirus surge earlier this year. It overwhelmed one of the most chronically underfunded public health systems in the world and killed tens of thousands as hospitals ran out of oxygen and medicine.

In Bergamo, Italy, once the site of the West’s first deadly wave, 51-year-old Fabrizio Fidanza was deprived of a final farewell as his 86-year-old father lay dying in the hospital. He is still trying to come to terms with the loss more than a year later.

“For the last month, I never saw him,” Fidanza said during a visit to his father’s grave. “It was the worst moment. But coming here every week, helps me.”

Today, 92% of Bergamo’s eligible population have had at least one shot, the highest vaccination rate in Italy. The chief of medicine at Pope John XXIII Hospital, Dr. Stefano Fagiuoli, said he believes that’s a clear result of the city’s collective trauma, when the wail of ambulances was constant.

In Lake City, Florida, LaTasha Graham, 38, still gets mail almost daily for her 17-year-old daughter, Jo’Keria, who died of COVID-19 in August, days before starting her senior year of high school. The teen, who was buried in her cap and gown, wanted to be a trauma surgeon.

“I know that she would have made it. I know that she would have been where she wanted to go,” her mother said.

In Rio de Janeiro, Erika Machado scanned the list of names engraved on a long, undulating sculpture of oxidized steel that stands in Penitencia cemetery as an homage to some of Brazil’s COVID-19 victims. Then she found him: Wagner Machado, her father.

“My dad was the love of my life, my best friend,” said Machado, 40, a saleswoman who traveled from Sao Paulo to see her father’s name. “He was everything to me.”

___

AP journalists Rajesh Kumar Singh in Chhitpalgarh, India; Cara Anna in Nairobi, Kenya; Rodney Muhumuza in Kampala, Uganda; Kelli Kennedy in Fort Lauderdale, Florida; Colleen Barry in Bergamo, Italy; and Diane Jeantet in Rio de Janeiro contributed.

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What you need to know about the coronavirus right now

Patrick Vo gets his hair cut on the first day of eased coronavirus disease (COVID-19) regulations, following a lockdown to curb an outbreak, in Melbourne, Australia, October 22, 2021. REUTERS/Sandra Sanders

Nov 1 (Reuters) –

Borders open in Australia, Thailand

Australia eased its international border restrictions on Monday for the first time during the coronavirus pandemic, allowing some of its vaccinated public to travel freely and many families to reunite, sparking emotional embraces at Sydney’s airport. While travel is initially limited to Australian citizens, permanent residents and their immediate families, it sets in motion a plan to reopen the country to international tourists and workers, both much needed to reinvigorate a fatigued nation. read more

Hundreds of vaccinated foreign tourists are scheduled to arrive in Bangkok on Monday, the first wave of visitors to Thailand in 18 months who will not have to undergo quarantine for the coronavirus. Seeking to resurrect its pandemic-ravaged tourism economy, Thailand’s government has given the green light to vaccinated tourists from more than 60 countries, including the United States and China. read more

FDA needs more time to complete review of Moderna teen shot

Moderna Inc said on Sunday it has been told that the U.S. Food and Drug Administration will require additional time to complete its assessment of the company’s COVID-19 vaccine for use in adolescents aged 12 to 17 years.

The FDA informed Moderna that the review may not be completed before January 2022, the company said in a statement, dealing a potential setback to the timing of an emergency use authorization (EUA) for that age group. read more

China outbreak developing rapidly, health official says

China’s latest COVID-19 outbreak is developing rapidly, a health official said, as the authorities demanded high vigilance at ports of entry amid growing infections in northeastern Heihe border city caused by the virus arriving from abroad.

Some 377 domestically transmitted cases with confirmed symptoms were reported from Oct. 17-29, National Health Commission (NHC) data showed. China has tackled a series of outbreaks this year since it largely contained a national spread in early 2020. read more

China says U.S. COVID origins report is without credibility

A declassified U.S. intelligence report saying it was plausible that the COVID-19 pandemic originated in a laboratory is unscientific and has no credibility, Chinese foreign ministry spokesman Wang Wenbin said in a statement on Sunday.

The updated U.S. intelligence briefing, published on Saturday, said that a natural origin and a lab leak were both plausible hypotheses to explain how SARS-CoV-2, the virus responsible for COVID-19, first infected humans, but that the truth may never be known. read more

A joint study by China and the World Health Organization published this year all but ruled out the theory that COVID-19 originated in a laboratory, saying that the most likely hypothesis was that it infected humans naturally, probably via the wildlife trade. read more

Cheap antidepressant shows promise against COVID-19

Fluvoxamine, an inexpensive antidepressant, might help keep patients with COVID-19 from developing severe disease, according to a new study published in The Lancet Global Health on Wednesday.

The researchers suspect the drug is helping by limiting the ability of the virus to cause inflammation. However, more research is needed to determine the impact of fluvoxamine because “composite outcomes” – where a variety of results are lumped together for analysis – are unreliable, according to an editorial by Otavio Berwanger of Hospital Israelita Albert Einstein in Sao Paulo. read more

Compiled by Karishma Singh; Editing by Himani Sarkar
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WORLD STATS

Coronavirus Cases:

247,560,792

Deaths:

5,017,024

Recovered:

224,211,889
Highlighted in green
= all cases have recovered from the infection
Highlighted in grey
= all cases have had an outcome (there are no active cases)

[back to top ↑]

Latest News

November 1 (GMT)

Updates

  • 441 new cases and 9 new deaths in Nepal [source]
  • 685 new cases and 2 new deaths in Laos [source]
  • 626 new cases and 23 new deaths in Libya [source]
  • 40,402 new cases and 1,155 new deaths in Russia [source]
  • 229 new cases and 7 new deaths in Japan [source]
  • 5 new cases in Ta

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WORLD VIEW: Covid Deaths Top 5m, COP26 Meet Opens, Afghan Doctors Dispute, More

Nov. 1, 2021

Alternate text
  • The global death toll from COVID-19 passed 5 million Monday, less than two years into the crisis that has devastated poor nations and humbled wealthy countries.
  • In the Scottish city of Glasgow, world leaders are outlining their commitments to tackle global warming at a United Nations climate summit. Underscoring the challenges the summit faces,
  • The AP looks at a town in eastern India to focus on why it is so hard to say goodbye to coal.
  • In the World Series the Houston Astros have cut the Atlanta Braves’ lead to 3-2
  • The U.S. Supreme Court takes up Texas law banning most abortions
  • In Afghan hospital, unpaid doctors clash with Taliban.
  • Ugandan kids lose hope and education amid COVID-19 pandemic.WORLDF

MIKE CORDER

The Hague, Netherlands

The Associated Press

Advancing the Power of Facts

The Rundown

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The global death toll from COVID-19 topped 5 million on Monday, less than two years into a crisis that has not only devastated poor countries but also humbled wealthy ones with first-rate health care systems….Read More

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GLASGOW, Scotland (AP) — It’s time for more than 130 world leaders to feel the heat . Over 130 heads of state will traipse to the podium Monday and Tuesday at crucial international climate talks in Scotland …Read More

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DHANBAD, India (AP) — Every day, Raju gets on his bicycle and unwillingly pedals the world a tiny bit closer to climate catastrophe. Every day, he straps half a dozen sacks of coal pilfered from mines — up to …Read More

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WASHINGTON (AP) — The Supreme Court is taking up challenges to a Texas law that has virtually ended abortion in the nation’s second-largest state after six weeks of pregnancy. The justices are hearing argument…Read More

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ATLANTA (AP) — Just in time, Carlos Correa and the Houston Astros broke out the bats. Because if they had waited any longer, this World Series would’ve been over. Staggered by Adam Duvall’s grand slam in the f…Read More

OTHER TOP STORIES

KABUL, Afghanistan (AP) — The Taliban-appointed supervisor of a small district hospital outside the Afghan capital has big plans for the place — to the dismay of the doctor…Read More

RICHMOND, Va. (AP) — Democrat Terry McAuliffe and Republican Glenn Youngkin are set for a final day of campaigning at a frenetic pace ahead of Tuesday’s finale in the compe…Read More

BUSIA, Uganda (AP) — Dressed in his school uniform, Mathias Okwako jumped into the mud and started his daily search for gold, a commodity that may be closer to his grasp th…Read More

CANBERRA, Australia (AP) — Sydney’s international airport came alive with tears, embraces and laughter on Monday as Australia’s border opened for the first time in 20 month…Read More

The post WORLD VIEW: Covid Deaths Top 5m, COP26 Meet Opens, Afghan Doctors Dispute, More appeared first on The St Kitts Nevis Observer.

Guyana Looks to Middle East for Help in Constructing Deep Water Port

A deep-water harbour port in Guyana providing access to the Atlantic Ocean is back on the agenda with renewed interest and assistance from the Middle East.

This project is expected to benefit Guyana and its neighbours Brazil, Suriname and French Guiana.

On Friday, Guyana’s President Mohamed Irfaan Ali announced that during his recent visit to Expo 2020 in Dubai, he had “extensive” discussions with Khalifa Port.

Khalifa Port which is located halfway between Dubai and Abu Dhabi is a state-of-the-art deep-water port built to accommodate some of the world’s largest ships.

Officials from Khalifa Port already had two technical teams in Guyana and are expected to return, President Ali said with their “evaluation”.

“They are looking at a modern state-of-the-art facility operation with cutting edge technology, focusing on efficiency, safety and security,” Ali told the media.

The President said that a team from Khalifa Port is expected in Guyana in another 2-3 weeks to follow up with an evaluation.

“Their initial assessment is one of great optimism,” Ali said, “that is how they described it, they believe that this is a project that can happen, that this is a project that is viable, they are now working on the financial details.”

Asked about funding, Guyana’s President would only say that the government is looking at “private sector investment,” as he added that the Abu Dhabi team will deliver both technical and financial evaluations.

This port is expected to provide the land-lock Roraima region of Brazil with access to the Atlantic Ocean.

This access has seen decades-long discussions as well as bilateral agreements between the South American neighbours.

Guyana’s President said that discussions have started with some of Guyana’s neighbours, “all three countries are strongly committed to the project,” he declared on Friday.

Ali said that a strategic meeting between Brazil, Suriname and French Guiana on the port and other issues is planned for early 2022.

Already there have been transformational projects on riverside lands along the three main rivers. The oil and gas industry has seen the development of onshore facilities.

At least two major, onshore facilities are in the planning stages and would be located in both the Essequibo River and the Demerara Rivers.

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Bolsonaro Isolated at G-20 Meet, His Security Detail in Punch-Up with Reporters

RIO DE JANEIRO, Oct 31 (Reuters) – Brazilian President Jair Bolsonaro’s security detail allegedly used violence against Brazilian reporters covering his trip to Rome for the Group of 20 major economies meeting, local media reported on Sunday.

The alleged attacks against Brazilian reporters, who Bolsonaro has long accused of treating him unfairly and publishing fake news, capped a grim weekend for the far-right president. Videos from G20 events showed him as an isolated figure, who was not part of the photo taken at the Trevi fountain with world leaders. Out on the streets of Rome, he was loudly criticized for his handling of the country’s brutal pandemic, with critics calling him “genocidal.”

More than 600,000 people have died from COVID-19 in Brazil, the second highest tally in the world after the United States. Bolsonaro has questioned the severity of the virus, shunned lockdowns, sowed vaccine doubts and pushed unproven cures. A Senate panel has recommended he be indicted for nine crimes related to his handling of the pandemic, including crimes against humanity.L1N2RM342

Newspaper O Globo reported that broadcast journalist Leonardo Monteiro of TV Globo was punched in the stomach and pushed by Bolsonaro’s security after asking the president why he didn’t attend any G20 events on Sunday. A video taken by UOL journalist Jamil Chade shows chaotic scenes with security staff jostling the press and Bolsonaro supporters chanting abuse at reporters.

It was not clear if the security officers were Brazilian or Italian. O Globo reported that Italians had been given the job of providing security to Bolsonaro.

The president’s office did not immediately respond to requests for comment on the attacks or why he was missing from the leaders’ photo. The G20 press team also did not immediately respond to requests.

“Globo vehemently condemns the aggression against its correspondent Leonardo Monteiro and other colleagues in Rome and demands a complete assessment of responsibilities,” TV Globo said in a statement.

Videos from the G20 events show Bolsonaro looking isolated.

The former army captain has seen his international support diminish since former U.S. President Donald Trump lost his re-election bid, while Bolsonaro’s skepticism toward COVID-19, vaccines and environmental concerns has won him few friends on the global stage.

In one video taken by Jamil Chade, Bolsonaro is seen striking up a conversation with Italian waiters as global leaders chat among themselves in the other part of the room.

“This video of Bolsonaro walking around alone in the G20 conference hall, while other world leaders are chatting, is painful to watch, but it adequately reflects the collapse of Brazil’s standing in the world,” Oliver Stuenkel, an international relations professor at the Getulio Vargas Foundation, a Brazilian university, tweeted.

Reporting by Gabriel Stargardter; editing by Diane Craft

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COP26: Global Climate Talks Open to Ever More Daunting Challenges

by and

 

  • COP26 aims to secure tougher measures to cut CO2 emissions
  • Conference set to begin with afternoon speeches
  • Weekend G20 summit failed to set positive tone for COP26
  • Thunberg urges leaders: ‘Face up to climate emergency now’

GLASGOW, Nov 1 (Reuters) – World leaders began arriving on Monday at a U.N. conference critical to averting the most disastrous effects of climate change, their challenge made even more daunting by the failure of major industrial nations to agree ambitious new commitments.

The COP26 conference in the Scottish city of Glasgow opens a day after the G20 economies failed to commit to a 2050 target to halt net carbon emissions – a deadline widely cited as necessary to prevent the most extreme global warming.

Instead, their talks in Rome only recognised “the key relevance” of halting net emissions “by or around mid-century”, set no timetable for phasing out coal at home and watered down promises to cut emissions of methane, a greenhouse gas many times more powerful than carbon dioxide.

Swedish activist Greta Thunberg asked her millions of supporters to sign an open letter accusing leaders of betrayal.

“As citizens across the planet, we urge you to face up to the climate emergency,” she tweeted. “Not next year. Not next month. Now.”

Many of those leaders take to the stage in Glasgow on Monday to defend their climate change records and in some cases make new pledges at the start of two weeks of negotiations that conference host Britain is billing as make-or-break.

“Humanity has long since run down the clock on climate change. It’s one minute to midnight and we need to act now,” British Prime Minister Boris Johnson will tell the opening ceremony, according to advance excerpts of his speech.

“If we don’t get serious about climate change today, it will be too late for our children to do so tomorrow.”

But discord among some of the world’s biggest emitters about how to cut back on coal, oil and gas, and help poorer countries to adapt to global warming, will not make the task any easier.

U.S. President Joe Biden singled out China and Russia, neither of which is sending its leader to Glasgow, for not bringing proposals to the table.

“Russia and … China basically didn’t show up in terms of any commitments to deal with climate change,” Biden, who faces domestic resistance to his climate ambitions, told reporters at the G20.

ABSENTEES

Chinese President Xi Jinping, whose country is by far the biggest emitter of greenhouse gases, will address the conference on Monday in a written statement, according to an official schedule.

Turkish President Tayyip Erdogan will also stay away from Glasgow. Two Turkish officials said Britain had failed to meet Ankara’s demands on security arrangements and protocol. read more

Delayed by a year because of the COVID-19 pandemic, COP26 aims to keep alive a target of capping global warming at 1.5 degrees Celsius (2.7 Fahrenheit) above pre-industrial levels – a level scientists say would avoid its most destructive consequences.

To do that, the conference needs to secure more ambitious pledges to reduce emissions, lock in billions in climate-related financing for developing countries, and finish the rules for implementing the 2015 Paris Agreement, signed by nearly 200 countries.

Existing pledges to cut emissions would allow the planet’s average surface temperature to rise 2.7C this century, which the United Nations says would supercharge the destruction that climate change is already causing by intensifying storms, exposing more people to deadly heat and floods, raising sea levels and destroying natural habitats.

“Africa is responsible for only 3% of global emissions, but Africans are suffering the most violent consequences of the climate crisis,” Ugandan activist Evelyn Acham told the Italian newspaper La Stampa.

“They are not responsible for the crisis, but they are still paying the price of colonialism, which exploited Africa’s wealth for centuries,” she said. “We have to share responsibilities fairly.”

Two days of speeches by world leaders starting Monday will be followed by technical negotiations. Any deal may not be struck until close to or even after the event’s Nov. 12 finish date.

Reporting by Elizabeth Piper and Jeff Mason; writing by Mark John and Kevin Liffey; editing by Barbara Lewis

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Mia Mottley’s COP26 Message is Clear: ‘The Issue is About Life and Death for Us’

In the battle to slow down climate change, countries like Barbados are on the “front line,” says Prime Minister Mia Mottley. The island is threatened by rising sea levels and extreme weather events like hurricanes that are increasing in intensity and frequency.

But adapting to the impacts of climate change, to build defenses and repair the damage from hurricanes, will cost money that Barbados, with a national debt ratio of 144% of GDP, does not have.

Mottley has made tackling the country’s debt a priority, and she negotiated a debt restructuring for Barbados shortly after taking office in 2018 that included “natural-­disaster clauses” to allow a break in interest repayments in the aftermath of extreme weather events. But the combined impact of those disasters and the COVID-19 pandemic has taken a heavy toll on the island, whose economy shrank by over 17% in 2020. “You are effectively talking about the potential loss of a decade,” Mottley says.

Emerging countries like Barbados need financial assistance to adapt to and mitigate against climate change. Developed nations pledged 12 years ago to put $100 billion a year toward helping them do it by 2020, but that target has not been met, and Mottley will be among those at COP26 arguing that it is no longer sufficient. It’s not just a question of countries sharing responsibilities, she says, but of ensuring their very existence. “This issue is about life and death for us. It is an issue about the stability of a nation.”

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Caribbean Leaders Begin Arriving for COP26 Meet

Loop- Antigua and Barbuda Prime Minister Gaston Browne was an early arrival in Glasgow, Scotland for the COP26 Climate Conference.

Earlier today, Browne and the Prime Minister of Tuvalu, Kausea Natano, signed an agreement that will establish a pathway for small nations affected by climate change to take action against large greenhouse gas polluting countries.

“Small Island States’ emission of greenhouse gases is negligible, but they bear the overwhelming burden of its catastrophic effects, including persistent destruction, repeated costs of rebuilding and huge debts to finance resilience. This injustice must end. We insist that those States most responsible for this dire situation respect their legal obligations to stop global warming and to provide compensation to its victims,” Browne said.

Browne is the chairman of the Alliance of Small Island States (AOSIS).

Prime Minister Andrew Holness has held talks with newly elected Bahamian PM Phillip Davis and Guyanese President Dr Mohammed Irfaan Ali.

“As Caribbean countries with similar challenges, COP26 presents a unique opportunity to address these challenges and craft strategies towards advancing the climate agenda,” Holness said in a tweet.

Barbadian Prime Minister Mia Mottley left the island last night for Scotland.

Her first engagement will be tomorrow when she addresses the Opening Ceremony of the World Leaders’ Summit.

The Government Information Service said she will also participate in Action and Solidarity – the Critical Decade, and a World Leaders’ Reception on the same day.

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Antigua and Tuvalu in Pact to Hold Large Nations Accountable for Climate Damage

The Prime Ministers of Antigua and Barbuda and Tuvalu signed a historic accord in Edinburgh, Scotland today that will clear the way for small states to sue major developed nations for the severe damage caused by climate change.

The development comes as world leaders are meeting in Glasgow, Scotland for the United Nations Climate Change Conference (COP26).

The Agreement establishes a Commission of Small Island States on Climate Change and International Law that will be tasked with developing and implementing fair and just global environmental norms and practices. 

The commission may also request advisory opinions from the International Tribunal for the Law of the Sea (ITLOS) on the legal responsibility of States for carbon emissions, marine pollution, and rising sea levels. 

Only small states, whose leaders have long complained about large greenhouse gas polluting countries not being held responsible for their actions, will be allowed to be part of the commission.

Prime Minister of Antigua and Barbuda, Gaston Browne, who chairs the Alliance of Small Island States (AOSIS), noted that small nations have become heavily indebted since they are forced to repair and rebuild infrastructure that is continuously damaged during catastrophic events.

“Small Island States’ emission of greenhouse gases is negligible, but they bear the overwhelming burden of its catastrophic effects, including persistent destruction, repeated costs of rebuilding and huge debts to finance resilience. This injustice must end. We insist that those States most responsible for this dire situation respect their legal obligations to stop global warming and to provide compensation to its victims,” he said.

The Prime Minister of Tuvalu, Kausea Natano, said the time has come for action as state are already being negatively impacted by climate change.

“For us, climate justice is a matter of survival.  Rising sea levels, extreme weather events, the decline of marine resources – these threaten our very existence.  We see better than anyone else what is being done to our beautiful planet.  It is time to put words into action, to save Small Island States, and to save the world from impending disaster,” he said.

The legal counsel to the Commission, Professor Payam Akhavan of Massey College, University of Toronto, and Member of the Permanent Court of Arbitration at The Hague, said that: “Small Island States are the canary in the coalmine of climate catastrophe. 

Their fate is a warning to all humankind that the disastrous consequences of global warming are happening now, not in a distant future.  The fundamental principle of international law not to cause harm to others has now taken on an unprecedented dimension.  This historic initiative to pursue climate justice should be welcome by all who care about the future of our planet.”

 

 

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SKN Economy Hit Hard by Pandemic-IMF Report

CMC- The International Monetary Fund Executive Board has said in St.Kitts and Nevis the complete halt in cruise ship arrivals and very few stayover tourists since the first quarter of 2020 “compounded the pandemic’s impact on domestic activity.”

In a statement, the lending agency said the pandemic resulted in an estimated annual decline in the gross domestic product (GDP) of 14 percent, and the general government’s first fiscal deficit (4.7 percent of GDP) since 2010, “financed by drawing down sizeable deposit buffers.”

“An expected rebound in tourism sets the stage for a strong recovery from 2022 onward, but risks to the outlook remain significant,” the IMF said.

Following a loss of the 2020–21 winter tourism season and slow resumption of tourism inflows to date, it said staff projects a small further decline in GDP of 1 percent in 2021, followed by 10 percent growth in 2022.

“However, the recovery path could be derailed should the pandemic lead to further sustained disruptions on the anticipated pace of tourism recovery and domestic activity,” the IMF warned.

It said other risks include financial sector uncertainties, natural disasters, and lower-than-expected CBI receipts.

The IMF said its executive directors agreed with the thrust of the staff appraisal, which noted that St. Kitts and Nevis entered the COVID-19 pandemic from a position of fiscal strength, commending the authorities’ “prompt and effective policy response, which has helped contain the pandemic’s economic and health impact.

“Directors agreed that, in the near term, the key policy priorities are containing the pandemic and supporting the economic recovery,” the IMF said. “In particular, they emphasized that reaching herd immunity through vaccination is the chief priority to save lives and livelihoods.”

The IMF directors agreed that fiscal relief measures should be kept in place until the recovery firmly takes root.

They noted that robust levels of public investment would further support economic activity.

Given the small economy’s susceptibility to natural disasters and dependence on tourism and volatile revenues from the Citizenship by Investment (CBI) Program, the IMF said its directors concurred that, once the recovery is firmly established, the government should resume saving part of the CBI revenues to rebuild fiscal buffers, “which will also provide additional fiscal space to mitigate contingent and long-term fiscal pressures.”

The IMF said its directors agreed on the need to preserve the stability of the financial system by increasingly focusing on building readiness to exit the temporary support measures.

They recommended reviewing and formalizing crisis management plans, containing risks in the systemic bank, strengthening supervision of non-banks, developing a more robust plan to divest unsold lands, and pursuing reforms to facilitate asset recovery.

While commending the authorities for promoting financial integrity, securing correspondent banking relationships, establishing CBI program safeguards and bolstering the AML/CFT and tax cooperation frameworks, the IMF said the directors called for further efforts in these areas.

It said the directors encouraged structural reforms that raise productivity growth, economic competitiveness and human capital.

In this regard, the IMF said the directors “particularly welcomed the authorities’ agenda to diversify energy sources and channel CBI revenues into other sectors besides tourism and for infrastructure that protects against natural disasters.”

The IMF said St Kitts and Nevis had entered the COVID-19 pandemic from a position of fiscal strength following nearly a decade of budget surpluses.

It said a significant part of the large CBI revenues was “prudently saved, reducing public debt below the regional debt target of 60 per cent of GDP and supporting accumulation of large government deposits.”

“Prompt government action helped contain the pandemic’s public health impact.”

At the onset of the pandemic, it said the St Kitts and Nevis government “swiftly restricted” inbound travel, introduced a month-long national lockdown, and procured protective and medical equipment.

“The reopening of borders at end-October 2020 has been accompanied by strict safety protocols. The response measures effectively mitigated the pandemic’s human cost, with St Kitts and Nevis having had the lowest per capita case count in the Western Hemisphere and no mortalities in 2020.

“But the impact on the economy has been severe,” the IMF lamented.

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School student allegedly stabbed teacher in Perth

A teacher has been stabbed by a school student in Perth.

The incident happened at 11.15am (local time) at Willetton Senior High School.

The student allegedly fled after the incident.

READ MORE: Perth man arrested after Mounties find drugs hidden behind painting

WA Police confirmed they are investigating.

"A female teacher was assaulted by a student," they said in a statement.

"During the incident the teacher received a minor wound and was taken to Fiona Stanley Hospital for treatment.

"Police are continuing their inquiries and are attempting to locate the student who has left the school grounds."