Day: December 20, 2022

“60% of China may get infected by Covid-19 in the next 90 days”, says experts.

Epidemiologists estimate that over the next few days more than 60 per cent of China’s population and 10 per cent of Earth’s population would likely to get infected by Covid-19 and this would be just the ‘start’. 

Skyrocketing infections, inundated hospitals, overflowing morgues — elation from the lifting of zero Covid curbs proved tragically short-lived as China reels under a Covid explosion.

Amid this grim state of affairs, a top infectious disease expert has projected that more than 60 per cent of China’s population is likely to be infected by the coronavirus in the next three months and witness millions of Covid-related deaths.

Chinese authorities have failed to bolster the elderly vaccination rate, upping surge and intensive care capacity in hospitals, and stockpiling antiviral medications, which could spell disaster for the country’s 1.4 billion citizens, warned experts.

"60% of China may get infected by Covid-19 in the next 90 days", says experts.

Epidemiologists estimate that over the next few days more than 60 per cent of China’s population and 10 per cent of Earth’s population would likely to get infected by Covid-19 and this would be just the ‘start’. 

Skyrocketing infections, inundated hospitals, overflowing morgues — elation from the lifting of zero Covid curbs proved tragically short-lived as China reels under a Covid explosion.

Amid this grim state of affairs, a top infectious disease expert has projected that more than 60 per cent of China’s population is likely to be infected by the coronavirus in the next three months and witness millions of Covid-related deaths.

Chinese authorities have failed to bolster the elderly vaccination rate, upping surge and intensive care capacity in hospitals, and stockpiling antiviral medications, which could spell disaster for the country’s 1.4 billion citizens, warned experts.

After Russia, Sri Lanka to use Indian rupee(INR) for internation trade.

India’s rupee trade settlement mechanism, which was set up by the Reserve Bank of India in July 2022, is attracting interest from more countries apart from Russia.

The mechanism is a means of using rupees instead of dollars and other big currencies for international transactions in order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of global trading community in the rupee.

Dollar-strapped Sri Lanka and sanctions-hit Russia will be the first countries to use the Indian rupee trade settlement mechanism.

Sri Lanka has agreed to use Indian rupee (INR) for international trade. It comes days after the Government of India said it is looking at ways to bring countries that are particularly short of dollars into the ambit of Indian rupee trade settlement mechanism. Central Bank of Sri Lanka (CBSL) said it is waiting for RBI’s (Reserve Bank of India) approval to designate Indian rupee as foreign currency of Sri Lanka.

Tajikistan, Cuba, Luxembourg and Sudan have begun talking to India about using the mechanism, reported Reuters, quoting two sources and an official document. It has already been used by Russia following the imposition of sanctions on Moscow over the Ukraine war.

After Russia, Sri Lanka to use Indian rupee(INR) for internation trade.

India’s rupee trade settlement mechanism, which was set up by the Reserve Bank of India in July 2022, is attracting interest from more countries apart from Russia.

The mechanism is a means of using rupees instead of dollars and other big currencies for international transactions in order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of global trading community in the rupee.

Dollar-strapped Sri Lanka and sanctions-hit Russia will be the first countries to use the Indian rupee trade settlement mechanism.

Sri Lanka has agreed to use Indian rupee (INR) for international trade. It comes days after the Government of India said it is looking at ways to bring countries that are particularly short of dollars into the ambit of Indian rupee trade settlement mechanism. Central Bank of Sri Lanka (CBSL) said it is waiting for RBI’s (Reserve Bank of India) approval to designate Indian rupee as foreign currency of Sri Lanka.

Tajikistan, Cuba, Luxembourg and Sudan have begun talking to India about using the mechanism, reported Reuters, quoting two sources and an official document. It has already been used by Russia following the imposition of sanctions on Moscow over the Ukraine war.