TOKYO (Bloomberg): Japan’s vaccine drive was slow to get going, but it’s on track now to beat the current US inoculation rate within weeks good news for an economy that’s endured one virus emergency after another.
Published May 24, 2021, 3:03 PM
The Philippines is the “clear laggard” in Asia, Moody’s Analytics declared, noting that its economy will likely return to its pre-pandemic levels only by the end of next year.
Decentralized health advice alongside the sluggish COVID-19 vaccine rollout is denting the nation’s recovery, an analysis by the US-based economic and financial think tank said on Monday, May 24.
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In the analysis “The Philippines Struggles to Shake the Pandemic,” Moody’s Analytics said the country, which before the heath crisis was among the fastest growing economies in the region, has fallen behind on recovery compared with its Asian peers.
Lockdowns Are More Economically Devastating Than Voluntary Social Distancing mises.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mises.org Daily Mail and Mail on Sunday newspapers.
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Britain must go into an Asia-style lockdown now with nurseries and places of worship closed, hotels commandeered as isolation centres and masks worn in every public space, experts have warned.
Former WHO director Anthony Costello said only a total clampdown would succeed in stopping the mutant strain of coronavirus ripping through the country.
Professor of operational research at UCL Christina Pagel added that she thinks the current lockdown restrictions are likely to fail and measures seen in China and Vietnam should be brought in.
In Wuhan, where the virus originated, authorities would go door-to-door to monitor people and made sure people with Covid self-isolated.
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India s December Fuel Demand Scales 11-Month Peak As Recovery Gathers Pace
Sales of cooking gas, or liquefied petroleum gas (LPG), rose more than 7% to 2.53 million tonnes on a monthly and annual basis, while naphtha sales fell by 2.4% to 1.24 million tonnes from a year earlier.
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India s fuel consumption in December rose for a fourth straight month as economic activity and transport demand continued to recover from a coronavirus-led hiatus.
Consumption of fuel, a proxy for oil demand, rose 4.1% to 18.6 million tonnes in December, the highest since January 2020, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas showed on Friday.