China to Give Pakistan ‘Grant’ as UAE Mulls $6B in Aid

China plans to provide an unspecified financial “grant” to Pakistan while the United Arab Emirates is actively considering Islamabad’s request for a fiscal relief package of up to $6 billion to help the country deal with a looming balance-of-payments crisis, Chinese and Pakistani officials say.   News of the anticipated financial aid came days after Prime Minister Imran Khan secured more than $6 billion in immediate financial support from Pakistan’s close ally, Saudi Arabia, during an official visit to Riyadh.  Pakistan urgently needs foreign currency to shore up its depleting reserves of less than $8 billion, which is barely enough for servicing its debt and paying import bills.  Khan’s nascent government, which took office two months ago and has inherited a debt-ridden national economy, estimates the country urgently needs about $12 billion to fulfill domestic and external liabilities.  Khan is to travel to Beijing Nov. 2-5 on his first official visit to the country, where he is scheduled to meet President Xi Jinping and his Chinese counterpart.  Chinese diplomats in Islamabad have announced ahead of Khan’s visit that it will result in “good news” in terms of securing financial assistance for Pakistan.  “During the visit of the prime minister, we will provide, hopefully, a grant to the Pakistani government. Please look forward to the outcome of this visit. There will be more good news to follow,” said Deputy Chinese Ambassador Lijian Zhao, when asked whether Beijing would provide Khan financial assistance similar to the package the Saudis have pledged. He declined to speculate on the size of …

DRC Ebola Death Toll Rises to 164

The Ebola outbreak in eastern Democratic Republic of the Congo has led to 164 deaths, health authorities said.  In mid-October, Congolese authorities said they were facing a “second wave” of the outbreak centered on Beni, a town in North Kivu near the border with Uganda.  The epicenter had earlier been focused on Mangina, a town about 20 kilometers (12 miles) from Beni.  In total, 257 cases had been recorded in the region, of which 222 were confirmed and 35 were probable, since the start of the outbreak at the beginning of August, the Congolese Health Ministry said in a bulletin dated Friday.  On Oct. 17, the World Health Organization said the death toll was 139, although it said the outbreak did not yet merit being labeled a global health emergency.  The second wave of the deadly virus has been attributed to community resistance to measures already taken to tackle the disease.  On Thursday, about 1,000 students marched through the streets of Beni to launch a campaign to fight Ebola.  Since a vaccination program began on Aug. 8, over 22,000 people have been inoculated, of whom about 11,000 were in Beni, the health ministry said.  An Ebola treatment center in the city now has more than 60 beds, it added.  The latest outbreak is the 10th in DRC since Ebola was first detected there in 1976.  …

Somali Medical Pioneer Continues Battle to Stop FGM

When she was a young girl, Edna Adan Ismail’s mother and grandmother circumcised her in a traditional ceremony while her father, a doctor, was away. That evening, he returned home, enraged at what had happened. “What have you done?” he asked Ismail’s mother and grandmother. Cutting the young girl, he said, was “haraam” — a sin. She was only seven or eight, but Ismail knew what had happened was wrong. The event, and her father’s reaction, would have a lasting impact. Medical trailblazer Years later, Ismail followed in her father’s footsteps, pursuing a career in medicine. She studied abroad and became a pioneer in health care in Somaliland, an autonomous region of Somalia.   In 1965, the World Health Organization made Ismail the first Somali appointed to a senior civil servant position. She spent decades with the organization working in Somalia, Somaliland and Djibouti, and caring for patients from across the Horn of Africa, many of whom were refugees.   In 1976, Ismail attended a health conference in Sudan that changed her next steps. Ismail, then a director in Somaliland’s Ministry of Health, had traveled with a team of doctors to learn about developments in the field.   At the conference, Ismail heard, for the first time, people in a Muslim country openly discuss the harm caused by female circumcision, also called female genital mutilation, or FGM. For Ismail, the discussions were a revelation. Back home, talking about FGM, let alone its harms, was taboo.   But Ismail knew there …

Plant Fibers Make Stronger Concrete

It may surprise you that cement is responsible for 7 percent of the world’s carbon emissions. That’s because it takes a lot of heat to produce the basic powdery base of cement that eventually becomes concrete. But it turns out that simple fibers from carrots could not only reduce that carbon footprint but also make concrete stronger. VOA’s Kevin Enochs reports. …

Equities’ Slide Sends Bonds Higher, Dents Greenback

Stock markets around the world tumbled Friday while U.S. Treasury prices rose along with demand for safer bets as better-than-expected U.S. economic data did little to ease anxiety over disappointing corporate profits and trade wars. Wall Street closed above its session lows, but earnings reports from Amazon.com and Alphabet, issued late Thursday, rekindled a rush to dump technology and other growth sectors. MSCI’s gauge of stocks across the globe shed 1.19 percent. The global index went 13.7 percent below its Jan. 26 record close and clocked its fifth straight week of consecutive losses for the first time since May 2013. With equities whip-sawing each day in reaction to the last big earnings beat or miss, investors braced for more volatility through the remainder of the U.S. earnings season and ahead of the Nov. 6 U.S. midterm congressional elections. “Once the elections and earnings are out of the way we’ll have a calmer market but not necessarily a big move up,” said Ernesto Ramos, portfolio manager for BMO Global Asset Management in Chicago. “Investors are anxious about 2019 earnings. They know 2018 is going to be phenomenal,” he said. “There’s been a lot of panic selling. One of the things you don’t want to do is buy or sell based on emotion. … The volatility is incredible.” The Dow Jones Industrial Average fell 296.24 points, or 1.19 percent, to 24,688.31; the S&P 500 lost 46.88 points, or 1.73 percent, to 2,658.69; and the Nasdaq Composite dropped 151.12 points, or 2.07 percent, …

Визначена дата продажу першого об’єкта великої приватизації 2018 року – Фонд держмайна

13 грудня відбудеться конкурс із продажу першого об’єкта великої приватизації 2018 року – ПАТ «Центренерго», повідомив в.о. Фонду державного майна України Віталій Трубаров у Facebook. «Дату продажу першого об’єкту великої приватизації 2018 року визначено. 13 грудня об 11:00 відбудеться конкурс з продажу державного пакету акцій ПАТ «Центренерго». Стартова ціна 5,984 мільярда гривень. Відповідне рішення прийняла Комісія з продажу ПАТ «Центренерго», – заявив Трубаров. Він зазначив, що 29 жовтня в друкованому виданні Фонду державного майна України «Відомості приватизації» буде опубліковане інформаційне повідомлення про проведення конкурсу з відкритістю пропонування ціни за принципом аукціону. Держава виставляє на продаж 78,2 відсотка акцій ПАТ «Центренерго». За словами голови Фонду держмайна, це буде перше підприємство зі списку об’єктів великої приватизації у 2018 році. У травні Кабінет міністрів України затвердив перелік підприємств великої приватизації на 2018 рік. До нього включили 26 об’єктів. …

US Stocks Plunge, Then Recover Some Ground Friday

U.S. stock market indexes fell sharply in Friday’s early trading, but saw losses ease later in the day.  At one point the S&P 500 and the Dow were down by two percent or more, while the NASDAQ was off by 3.5 percent at one point.  Investors worried about faltering growth, rising interest rates, trade tensions, and weak profit outlook for major tech firms, including Amazon and Google’s parent company. By afternoon, losses moderated with the S&P off by 1.3 percent, the Dow down six-tenths of a percent, and the NASDAQ sliding 1.9 percent.  Key European indexes dropped about one percent.Earlier in Asia, Hong Kong’s Hang Seng was off a bit more than one percent, while Japan’s Nikkei moved down four-tenths of a percent. The market turbulence comes at the same time as U.S. unemployment is low, and reports show growth and consumer confidence are strong. …

Україна оголосила про випуск євробондів на 2 млрд доларів

Міністерство фінансів України оголосило про два нові випуски єврооблігацій на загальну суму у два мільярди доларів. Згідно з повідомленням, сума першого випуску складатиме 750 мільйонів доларів із кінцевим строком погашення 1 лютого 2024 року, а сума другого – 1,25 мільярда зі строком погашення 1 листопада 2028 року. «На п’ятирічні облігації будуть нараховуватися проценти за ставкою 8,994% річних, на 10-річні – 9,750%», – розповіли в Міністерстві фінансів. У відомстві пояснили, що залучені кошти підуть на фінансування дефіциту бюджету, а також на виплату короткострокових облігацій зовнішніх державних позик з терміном погашення у лютому 2019 року на 725 мільйонів доларів. …

US Economy Grew at Strong 3.5 Percent Rate in 3rd Quarter

The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade.  The Commerce Department said Friday that the third quarter’s gross domestic product, the country’s total output of goods and services, followed an even stronger 4.2 percent rate of growth in the second quarter. The two quarters marked the strongest consecutive quarters of growth since 2014. The result was slightly higher than many economists had been projecting. It was certain to be cited by President Donald Trump as evidence his economic policies are working. But some private economists worry that the recent stock market declines could be a warning signal of a coming slowdown. The GDP report along with next week’s unemployment report for October are the last major looks at the economy before voters go to the polls in the mid-term elections. For this year, economists are projecting the momentum built up should result in growth of 3 percent, the best annual showing in 13 years. But they believe the impact of Trump’s trade war with China and rising interest rates will slow growth in 2019 to around 2.4 percent, with a further decline to under 2 percent in 2020. “I think we will see a significant slowdown, in part because economic growth has been raised to an artificially high level by the tax cuts,” said Sung Won Sohn, chief economist at SS Economics in Los …

Sources: Honda Mulls Moving US-Bound Fit Production to Japan

Honda Motor Co is considering shifting production of its U.S.-bound Fit subcompact cars to Japan from Mexico in a few years, partly due to a new North American trade agreement, two people familiar with the deal told Reuters. Fit cars for export to the United States are now made at Honda’s auto plant in Celaya, Mexico. The Celaya plant also makes HR-V sport utility vehicles (SUVs) for the U.S. market. A Honda spokesman said the company had not made any decisions on Fit production. The new trilateral deal, which replaces the 1994 North American Free Trade Agreement (NAFTA), is set to raise the minimum North American content for cars to qualify for duty-free market access to 75 percent from 62.5 percent. U.S. President Donald Trump wants the deal to shrink the U.S. trade deficit by curbing imports into the United States and boosting production of foreign-branded vehicles there. But the terms of the trade deal reduce Honda’s incentive to produce the Fit in Mexico for the U.S. and European markets, said the sources, one of whom has direct knowledge of the plan and the other who was briefed on it. They declined to be identified as the matter was still confidential. In addition, they said, U.S. consumers are increasingly shifting to SUVs, making it more advantageous for the Mexico plant to build those, rather than subcompacts. One of the sources said if Honda decides to shift production, it would come when the company launches its next Fit model in the …

Trump Says Proposal Will Lower Some US Drug Prices

Less than two weeks before the midterm elections, President Donald Trump on Thursday announced a plan to lower prices for some prescription drugs, saying it would stop unfair practices that force Americans to pay much more than people in other countries for the same medications.  “We are taking aim at the global freeloading that forces American consumers to subsidize lower prices in foreign countries through higher prices in our country,” Trump said in a speech at the Department of Health and Human Services.  “Same company. Same box. Same pill. Made in the exact same location, and you would go to some countries and it would be 20 percent of the cost of what we pay,” said Trump, who predicted the plan would save Americans billions. “We’re fixing it.”  But consumers take note:  — The plan would not apply to medicines people buy at the pharmacy, just ones administered in a doctor’s office, as are many cancer medications and drugs for immune system problems. Physician-administered drugs can be very expensive, but pharmacy drugs account for the vast majority of what consumers buy.  — Don’t expect immediate rollbacks. Officials said the complex proposal could take more than a year to be put into effect.  In another twist, the plan is structured as an experiment through a Medicare innovation center empowered to seek savings by the Affordable Care Act. That’s the law also known as “Obamacare,” which Trump is committed to repealing.  Trump has long promised sweeping action to attack drug prices, both as president and when he was …

WTO Member Group Vows to Reform Rules on Subsidies, Dispute Settlement

Top trade officials from 12 countries and the European Union on Thursday vowed to reform World Trade Organization rules in the face of U.S. actions that threaten to paralyze the body and address some of Washington’s complaints about Chinese subsidies. The officials, meeting in the Canadian capital Ottawa, said they shared a “common resolve for rapid and concerted action” to address challenges to the WTO. “The current situation at the WTO is no longer sustainable. Our resolve for change must be matched with action,” the officials said in a communique issued after their daylong meeting ended. The United States and China, which are locked in an escalating tariff war that is threatening the WTO’s foundations, were not invited to the meeting to discuss reform ideas, but Canadian Trade Minister Jim Carr said he would report outcomes to them and try to persuade them to join the reform effort. Carr acknowledged that no WTO reforms could proceed without a buy-in from the world’s two largest economies. “They should listen because we’re making good arguments,” Carr told a news conference after the meeting, adding that the group’s proposals would ultimately serve U.S. and Chinese interests. The officials from Canada, the European Union, Japan, Brazil, Mexico, Australia and seven other countries agreed to meet again in January 2019 to review progress from their discussions. They were short on specifics of their proposals, but called for urgent action to unblock the appointment of new judges to the Appellate Body of the WTO’s dispute settlement …

Water Out of Thin Air: California Couple’s Device Wins $1.5M

It started out modestly enough: David Hertz, having learned that under the right conditions you really can make your own water out of thin air, put a little contraption on the roof of his California office and began cranking out free bottles of H2O for anyone who wanted one. Soon he and his wife, Laura Doss-Hertz, were thinking bigger — so much so that this week the couple won the $1.5 million XPrize For Water Abundance. They prevailed by developing a system that uses shipping containers, wood chips and other detritus to produce as much as 528 gallons (2,000 liters) of water a day at a cost of no more than 2 cents a quart (1 liter). The XPrize competition, created by a group of philanthropists, entrepreneurs and others, has awarded more than $140 million over the years for what it calls audacious, futuristic ideas aimed at protecting and improving the planet. The first XPrize, for $10 million, went to Microsoft co-founder Paul Allen and aviation pioneer Burt Rutan in 2004 for SpaceShipOne, the first privately financed manned space flight. When Hertz learned a couple of years ago that a prize was about to be offered to whoever could come up with a cheap, innovative way to produce clean freshwater for a world that doesn’t have enough of it, he decided to go all in. At the time, his little water-making machine was cranking out 150 gallons a day, much of which was being given to homeless people living in …

US Stocks Rebound Strongly

Major U.S. stock indexes made strong gains in Thursday’s trading after some upbeat profit reports by major companies.  The Nasdaq composite posted its biggest daily gain since March, as Microsoft’s upbeat earnings spurred a rebound in technology names and investors snapped up oversold shares. The Nasdaq added 209.94 points, or 2.95 percent, to 7,318.34, a day after it confirmed a correction and registered its biggest decline since 2011. The Dow Jones industrial average rose 401.13 points, or 1.63 percent, to 24,984.55, while the Standard & Poor’s 500 gained 49.47 points, or 1.86 percent, to 2,705.57. Both moved back into positive territory for the year.  In Europe, France’s key index jumped 1.6 percent, while German and British stock prices made smaller gains.  Variety of gainers The latest round of good U.S. results came from a variety of companies, including Ford Motor Co., Visa Inc., Whirlpool Corp. and Twitter Inc., and offered relief after the earnings season began slowly and stumbled further on sluggish outlooks from manufacturers and chipmakers.  Stocks have sold off recently amid worries about rising interest rates, growing trade tensions between the world’s two largest economies, China’s slowing economy and the fading impact of the recent U.S. tax cut on company profits.  In a further sign that economic growth is moderating, U.S. business spending on equipment appeared to have remained slow in September and the goods trade deficit grew as rising imports outpaced a rebound in exports.  Lower prices But the recent sell-off has also made stocks a bit cheaper. The S&P 500’s valuation fell to a 2½-year low of 15.3 times profit estimates for the next 12 months from 15.8, according to trading and data business Refinitiv. Results from S&P 500 …

At Many Hospitals Worldwide, If You Don’t Pay, You Can’t Leave

Doctors at Nairobi’s Kenyatta National Hospital have told Robert Wanyonyi there’s nothing more they can do for him. Yet more than a year after he first arrived, shot and paralyzed in a robbery, the ex-shopkeeper remains trapped in the hospital. Because Wanyonyi cannot pay his bill of nearly 4 million Kenyan shillings ($39,570), administrators are refusing to let him leave his fourth-floor bed. At Kenyatta National Hospital and at an astonishing number of hospitals around the world, if you don’t pay up, you don’t go home. The hospitals often illegally detain patients long after they should be medically discharged, using armed guards, locked doors and even chains to hold those who have not settled their accounts. Even death does not guarantee release: Kenyan hospitals and morgues are holding hundreds of bodies until families can pay their loved ones’ bills, government officials say. An Associated Press investigation has found evidence of hospital imprisonments in more than 30 countries worldwide, according to hospital records, patient lists and interviews with dozens of doctors, nurses, health academics, patients and administrators. The detentions were found in countries including the Philippines, India, China, Thailand, Lithuania, Bulgaria, Bolivia and Iran. Of more than 20 hospitals visited by the AP in Congo, only one did not detain patients. Millions possibly affected “What’s striking about this issue is that the more we look for this, the more we find it,” said Dr. Ashish Jha, director of the Harvard Global Health Institute. “It’s probably hundreds of thousands, if not millions …

Голова НБУ очікує, що перший транш від МВФ надійде у грудні

Перший транш від Міжнародного валютного фонду може надійти ще цього року. Про це на брифінгу сказав голова Національного банку України Яків Смолій. «Наразі ми не можемо говорити про чіткі терміни, оскільки рішення прийматиме рада директорів МВФ. Ми очікуємо, що воно відбудеться в грудні, і ми можемо розраховувати на отримання траншу ще в цьому році», – зазначив Смолій. Він додав, що не може назвати точну суму першого траншу. Читайте також: Україна і МВФ: залежність чи порятунок? Міжнародний валютний фонд на рівні уповноваженого персоналу погодив із українською владою нову програму резервної підтримки замість чинної програми розширеного фінансування – про це МВФ заявив 19 жовтня. Обсяг нової програми – 3,9 мільярда доларів. Згідно з повідомленням, вона має стати основою для економічної політики уряду в 2019 році – передбачається, що ця політика буде зосереджена на зниженні інфляції та реформах оподаткування, фінансового і енергетичного секторів. Після того, як Верховна Рада затвердить бюджет на 2019 рік з урахуванням рекомендацій МВФ, угоду має розглянути Виконавча рада фонду. Читайте також: Порошенко: Україна потребує співпраці з МВФ та зовнішніх запозичень Визначення stand-by означає, що Україна отримує гарантію на цю суму і може за потреби отримати її повністю або частково протягом терміну дії угоди та за умови дотримання її положень. Після закінчення терміну дії угоди невикористаний залишок кредиту повертається фонду. 19 жовтня прем’єр-міністр України Володимир Гройсман повідомив, що уряд змушений підняти ціни на газ для населення на 23,5% у рамках співпраці з Міжнародним валютним фондом. …

EU Parliament Moves to Ban Single-Use Plastics

The European Parliament voted overwhelmingly Wednesday to ban single-use plastic products such as straws, eating utensils and coffee sticks across the European Union. The measure passed 571 to 53, with 34 abstentions. If approved by the European Commission — the EU executive — and individual states, the ban would become law in 2021. Supporters say plastics are a major source of pollution that chokes oceans, litters cities, and can take decades to disintegrate. Some U.S. cities have moved to ban plastic straws in restaurants after a heartbreaking video of a wildlife rescuer pulling a straw out of a turtle’s bloody nose was posted on the internet earlier this year. A consortium of European plastics manufacturers called the EU bill “disproportionate” and said banning single-use plastics discourages investment into new ways to recycle. The EU plastics bill also includes deadlines for reducing or recycling other plastics such as bottles, fishing lines, food wrappers, and cigarette filters.   …

These Carbon-Capture Methods Are Ready to Fight Climate Change Today, Experts Say

Four cost-effective methods are ready today to remove substantial amounts of planet-warming carbon dioxide (CO2) from the atmosphere, according to a new report from a panel of top scientists. All four take advantage of nature’s ability to take carbon from the air and store it. However, fully implementing all of them still would not be enough to prevent potentially catastrophic levels of global warming, according to the report from the National Academies of Sciences, Engineering, and Medicine.  Nearly all nations have signed on to the Paris climate agreement, which pledges to keep global warming to less than a global average of 2 degrees Celsius above pre-industrial levels, and ideally below 1.5 degrees. Emissions from burning fossil fuels and other sources have already warmed the planet about 1 degree. At the current pace, temperatures will likely top 1.5 degrees by mid-century, according to the latest report from the U.N. Intergovernmental Panel on Climate Change.  Zero emissions technologies such as wind farms and solar panels will not be enough to stop global warming, the U.N. report says. Negative emissions technologies will be needed as well.  Trees are tops The National Academies panel looked at existing strategies for removing CO2 from the atmosphere and found four that are ready for widespread use.  The first is among the most tried-and-true: planting trees. “It’s even kind of a misnomer to call it a technology,” said Princeton University biologist Stephen Pacala, who chaired the panel. Adding and restoring forests, plus better management of existing forests, are …

Tech Companies Lead Another Steep Sell-Off in US Stocks

Another torrent of selling gripped Wall Street on Wednesday, sending the Dow Jones Industrial Average plummeting more than 600 points and extending a losing streak for the benchmark S&P 500 index to a sixth day. The tech-heavy Nasdaq composite bore the brunt of the sell-off, leaving it more than 10 percent below its August peak, what Wall Street calls a “correction.” The Dow and S&P 500 erased their gains for the year. Technology stocks and media and communications companies accounted for much of the selling. AT&T sank after reporting weak subscriber numbers, and chipmaker Texas Instruments fell sharply after reporting slumping demand. Banks, health care and industrial companies also took heavy losses, outweighing gains by utilities and other high-dividend stocks. Disappointing quarterly results and outlooks continued to weigh on the market, stoking investors’ jitters over future growth in corporate profits. Bond prices continued to rise, sending yields lower, as traders sought safe-haven investments. “Investors are on pins and needles,” said Erik Davidson, chief investment officer at Wells Fargo Private Bank. “There has definitely been a change in sentiment for investors starting with the volatility we had last week. The sentiment and the outlook seem to be turning more negative, or at the very least, less rosy.” The S&P 500 lost 84.59 points, or 3.1 percent, to 2,656.10. The index is now off about 9.4 percent from its Sept. 20 peak. The Dow tumbled 608.01 points, or 2.4 percent, to 24,583.42. The tech-heavy Nasdaq slid 329.14 points, or 4.4 percent, to …

WHO: ‘Very Serious’ Ebola Situation in Eastern DRC

Violence in the eastern Democratic Republic of Congo is hampering efforts to contain an Ebola outbreak that has already killed more than 150 people, according to the World Health Organization. “It’s a very serious situation. This is something that we have been fearing from the beginning; that the security situation will influence the response to the level that we cannot really function fully,” says a WHO spokesman, Tarik Jasarevic. The outbreak in Congo’s North Kivu province is in a conflict zone where dozens of armed groups operate.  Aid agencies have been forced to suspend or slow down their work on several occasions since the outbreak began in July. Health workers killed It happened again over the weekend, when two health agents with Congo’s military were killed by rebels.  The next day, residents in the city of Beni pelted aid groups’ vehicles with stones during a protest against a separate rebel attack that killed at least 13 people.  Jasarevic tells VOA’s English-to-Africa service that the incidents have forced Ebola containment teams to severely curtail their operations. The result?   “Contacts will not be followed; this is something that has to be done on a daily basis. People who may develop the disease will not go immediately to treatment centers and will present danger to their environment,” he says. Containment delayed That means health workers will have to essentially start over to locate contacts of Ebola victims and ensure they are vaccinated.  “In case we are not able to access communities, if …

West Africa’s Ebola Outbreak Cost $53 Billion: Study

An Ebola outbreak that ravaged Sierra Leone, Guinea and Liberia in 2014 cost economies an estimated $53 billion, according to a study in this month’s Journal of Infectious Diseases. The study aimed to combine the direct economic burden and the indirect social impact to generate a comprehensive cost of the outbreak, which was the worst in the world. The outbreak ran from 2013 to 2016 and killed at least 11,300 people, more than all other known Ebola outbreaks combined. The vast majority of cases were in Guinea, Liberia and Sierra Leone. The report’s authors, Caroline Huber, Lyn Finelli and Warren Stevens, put the economic costs at $14 billion and said the human cost was even greater, based on the people affected and a dollar figure that reflects the value of each human life. The total is far higher than previous estimates. In October 2014, the World Bank said the Ebola epidemic could cost $32.6 billion by the end of 2015 in a worst case scenario, but by November 2014 it dialled back that forecast to $3-4 billion. In 2016 the World Bank estimate of economic loss was $2.8 billion. The 2003 severe acute respiratory syndrome (SARS) cost an estimated $40 billion, while the 2015-2016 Zika virus outbreak in the Americas was estimated to have caused $20 billion in social costs, the new study said. But a repeat of the 1918 influenza pandemic could cost an annual 700,000 lives and $490 billion, the authors said, citing research published in 2016. The …

Indonesian Village Bans 3 HIV+ Orphans From School

Authorities in a North Sumatra village have banned three HIV+ orphans from elementary school, and threatened the children, who are from outside the area, with expulsion from Nainggolan due to community fears of transmission. The children, a boy and two girls, aged 7 to 11 years, were infected by transmission from their mothers, Berlina Sibagariang, executive secretary of the Batak Protestant Christian Huria AIDS Committee (HKBP), told VOA Indonesia. The orphaned children attended preschool and the Nainggolan State Primary School in North Sumatra for one day before they were expelled, in response to outcry from students and parents who learned of their HIV status, according to Sibagariang. “We want those three children to enjoy their rights to go to school and get an education,” Sibagariang said, adding “the community hopes that the children will no longer attend local schools. They are afraid that their children will be infected with HIV.” The children were removed from classes on October 22, and Sibagariang said the local community set an October 25 deadline for the children to leave the village. While an estimated five million people are infected with HIV in Asia, the rate of new infections has slowed in the last decade. But not in Indonesia, which now has an estimated 660,000 people living with HIV, according to the UNAIDS. According to the U.N. agency, Indonesia had 48,000 new HIV infections and 38,000 AIDS-related deaths in 2016, an increase in AIDS-related deaths of 68 percent from 2010. As of 2016, an estimated …