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Search Results for "covid 19" (360 articles)

Paul Alexander
International

‘Man in iron lung’ dead at 78

A polio survivor known as the “man in the iron lung” has died aged 78, according to his family and a fundraising website.Paul Alexander of Dallas, Texas contracted polio at the age of six, leaving him paralysed from the neck down and reliant on a mechanical respirator to breathe for much of the time.Though often confined to his submarine-like cylinder, he excelled in his studies, earned a law degree, worked in the legal field and wrote a book.“With a heavy heart I need to say my brother passed last night,” Philip Alexander posted on Facebook early yesterday. “It was an honour to be part of someone’s life who was as admired as he was.”Christopher Ulmer, a disability advocate running a fundraiser for Alexander, also confirmed his death in a GoFundMe update posted on Tuesday.“His story travelled wide and far, positively influencing people around the world. Paul was an incredible role model that will continue to be remembered,” said Ulmer.A prior update on Alexander’s official TikTok account said he had been rushed to the emergency room after contracting Covid-19.Iron lungs are sealed chambers fitted with pumps. Raising and lowering the pressure inside the chamber expands and contracts the patient’s lungs.Invented in the 1920s, their use fell away after the invention of the polio vaccine by Jonas Salk, which became widely available in 1955 and helped consign the devastating paralytic illness to history.Alexander held the official Guinness World Record for time spent in a lung.According to his Guinness page, he was able to leave the device for periods of time after he learned to “frog breathe” with the help of a physical therapist.This involved “using his throat muscles to force air into his lungs, gulping down air one mouthful at a time.” Eventually, he only returned to his iron lung at night to sleep.As a practicing lawyer, he was able to represent clients in court in a special wheelchair that held his paralysed body upright.Seventy-five-year-old Martha Lillard of Shawnee, Oklahoma is reportedly the last surviving person in an iron lung.

Gulf Times
Sports

McIlroy wants to ‘speed up’ PGA-PIF deal to reunite stars

Four-time major champion Rory McIlroy wants talks on a PGA Tour merger deal with Saudi Arabia’s Public Investment Fund (PIF) to conclude quickly, saying fans want star golfers reunited.Saudi-backed LIV Golf League, in its third campaign, has many star names who defected from the PGA Tour, including reigning Masters champion Jon Rahm and 2023 PGA Championship winner Brooks Koepka.Talks to finalise a controversial framework agreement from last June to unify the PGA and PIF have dragged beyond a December deadline, something McIlroy sees as a factor in television rating declines for PGA signature tournaments, down 30 percent for last week’s event at Bay Hill.“I want the train to speed up so we can get this thing over and done with,” McIlroy said on the eve of The Players Championship at TPC Sawgrass in Florida.McIlroy said the PGA’s signature events, with limited fields in big-money showdowns, “are not quite capturing the imagination this year compared to last year”.“I think it’s because fans are fatigued of what’s going on in the game and I think we need to try to reengage them in a way that the focus is on the play and not on talking about equity and all the rest of it,” he said.“The sooner that this is resolved, I think it’s going to be better for the game and better for everyone, the fans and the players.”McIlroy said a major factor is that LIV and PGA players compete against each another only at major tournaments.“If I were a fan, I would want to watch the best players compete against each other week in, week out,” McIlroy said.“If you just unified the game and brought us all back together in some way, that would be great for the fans, I would imagine.“I think that would then put a positive spin on everything that has happened here, and OK, get together, we all move forward, and I think people could get excited about that.”PGA Tour commissioner Jay Monahan has been criticised since revealing the shock PGA-PIF deal and reigning Olympic champion Xander Schauffele said Monahan “has a long way to go to regain the trust of the membership”.Monahan has McIlroy’s support as he continues what he calls “accelerating” talks with PIF.“I think some of the reaction to June 6 was warranted, but at this point it’s eight months ago and we all need to move on,” McIlroy said. “We all need to sort of move forward and try to bring the game back together.”McIlroy cited Monahan’s work during the Covid pandemic, on media rights deals and aligning with the DP World Tour.“People can nit-pick and say he didn’t do this right or didn’t do that right, but if you actually step back and look at the bigger picture, I think the PGA Tour is in a far stronger position than when Jay took over,” McIlroy said.McIlroy, the 2019 Players champion, is hoping to rediscover his best form this week after failing to post a top-20 finish in his four PGA Tour appearances so far this year.

Gulf Times
Business

Cathay Pacific profitable with ‘pandemic losses finally behind us’

Hong Kong’s Cathay Pacific reported its highest annual profit in more than a decade as strong travel demand buoyed the Hong Kong flag carrier’s earnings, with its chair declaring: “In 2023, we finally left the Covid-19 pandemic behind us.”The airline posted net profit of HK$9.8bn ($1.3bn) for the year on Wednesday, breaking a three-year streak of losses including a HK$6.6bn loss in 2022. Cathay shares rose nearly 4% after the earnings were released.The profit is the highest since 2010, when it recorded HK$14bn. Global airline groups, including British Airways owner IAG, have also reported strong profits in the past few weeks, as airfares remain higher than pre-pandemic levels.Cathay CEO Ronald Lam said the global supply-demand imbalance that had driven up yields, or passenger revenue per mile, would diminish and “normalise” this year, while headwinds from inflationary pressures and persistent supply chain issues in the aviation industry, in terms of delivery delays and parts shortages, could affect its outlook negatively.But Cathay’s results were “characterised by a notable surge in travel demand”, said chair Patrick Healy, in comments reflecting on the end of the pandemic’s influence on consumers’ ability and willingness to fly.The recovery of Hong Kong as an aviation hub would be “heavily dependent” on a Cathay comeback, said Willie Walsh, head of the International Air Transport Association, at an event in Hong Kong this month, although he said the carrier had been recovering “faster than expected”.The airline said it would hold global roadshows over the next few months, including potentially in Europe and the Middle East, to attract new pilots. Its pilot workforce is still around 35% lower than 2019 levels as of last month, according to its union, the Hong Kong Aircrew Officers Association.Singapore Airlines, which released its third-quarter results last month, warned that higher fuel prices and rising operating costs could weigh on its outlook.Net income for the group, which includes budget arm Scoot, totalled S$2.16bn ($1.62bn) as people embraced flying again after Covid. It posted a loss of S$962mn the previous year. Revenue was S$17.78bn, up from S$7.6bn.The airline said it could ramp up operations at short notice when demand for air travel surged after Singapore fully reopened its borders in April 2022 and restrictions eased globally. “Demand for air travel remains robust in the first quarter,” it said in a statement to the stock exchange on Tuesday.Singapore Airlines and Scoot carried 26.5mn passengers in the year, six times higher than the 12 months through March 2022, with passenger capacity rising to 79% of pre-Covid levels in March. The airline said it flew 1.75mn passengers in April, up 53% from the same month last year.Citigroup Inc last month upgraded Singapore Airlines to “buy” from “sell” and raised its price target to S$6.41 from S$5.16. The shares climbed 3.6% in the quarter through March for a gain of 4.2% in the 12-month period.“Geopolitical and macroeconomic uncertainties, as well as high cost inflation, could pose challenges for the airline industry in the months ahead. Even though fuel prices have moderated in recent months, they remain at elevated levels,” it said.It also expects competition to increase , while cargo demand is likely to remain soft in the near term, with inflation and weak economic conditions impacting consumer demand and trade.Singapore Airlines’ shares edged 0.3% higher before the results on Tuesday to S$5.92. The company proposed a final dividend of S$0.28 per share.International Airlines Group; the parent company of British Airways, Iberia, and other airlines, reported a robust financial performance for the full year of 2023. CEO Luis Gallego announced a full year operating profit of €3.5bn, a significant increase from €1.2bn in 2022 and surpassing the €3.3bn mark from 2019. The operating margin reached 11.9%, nearly at pre-pandemic levels. IAG's strategic initiatives, including capacity growth and transformation efforts, have contributed to this success.The Spanish brands, particularly Iberia and Vueling, along with the IAG Loyalty programme, have shown strong results.The company also made notable strides in sustainability, reducing carbon intensity, and securing a sustainable aviation fuel contract. Looking ahead to 2024, IAG is confident in generating substantial free cash flow and maintaining a fortified balance sheet, supported by a comprehensive transformation programme and customer-centric investments.In Germany, the Lufthansa Group generated the third-best financial result in its history due to the continued high demand for air travel and another record result at Lufthansa Technik. Revenue increased to €35.4bn (previous year: €30.9bn). In the financial year 2023, operating profit, measured as Adjusted EBIT, rose to €2.7bn (previous year: €1.5bn). The Adjusted EBIT margin improved accordingly to 7.6% (previous year: 4.9%). The company more than doubled its net profit to €1.7bn (previous year: €790mn).Lufthansa said the desire to travel remained high last year. Demand for tickets rose once again. In 2023, a total of 123mn passengers travelled with the airlines of the Lufthansa Group, an increase of 20 percent compared to the previous year (2022: 102mn).The Lufthansa Group airlines increased the number of flights offered by 14% to 946,000. The number of seats on offer was gradually expanded over the course of the year. On average, the airlines offered 84% of 2019 capacity last year. The seat load factor improved by 3.1 percentage points to around 83%, returning to pre-crisis levels. "The strong result for the financial year 2023 is another important step in positioning the Lufthansa Group for the future” Remco Steenbergen, Chief Financial Officer of Deutsche Lufthansa said. “Our solid balance sheet and strong free cash flow enable us to make the necessary investments in our fleet and our product. I am convinced that these investments will pay off - for our customers, but also for our shareholders.Over the past three years, I have had the privilege of supporting the company in overcoming the crisis and putting the Group back on a solid financial footing. The Lufthansa Group has set itself the goal of continuing to pursue the path of profitable growth in order to increase the operating margin in the long term and continue to create value in the future. I am particularly pleased that we can once again allow our shareholders to participate in our success by resuming dividend payments."The author is an aviation analyst. Twitter handle: @AlexInAir

Gulf Times
Opinion

The turnaround: Egypt looks to build on IMF deal, investment plans

All of a sudden, Egypt has gone from the brink of an economic collapse to unlocking more than $40bn of investments.On March 6, as part of that, the country delivered its biggest-ever interest rate hike and allowed its currency to weaken more than 38% in a long-awaited flotation.Egypt agreed an expanded $8bn support programme with the International Monetary Fund last Wednesday.Ahead of the move, the country secured a $35bn investment deal with UAE sovereign fund ADQ for the development of a peninsula on its Mediterranean coast and other projects, easing a long-running foreign currency crunch.The next step for the country, home to 105mn people, may be a multi-billion dollar land investment from Saudi Arabia.The moves are the culmination of global efforts — led by Gulf states and the IMF, and backed by the US — to support a country whose stability is seen as crucial for the Middle East and which has been hammered by soaring inflation and a war on its border.Foreign investors are already hailing the turnaround and saying they expect Egypt to attract billions of dollars from bond traders in the coming months.Egypt’s credit outlook has been raised to positive by Moody’s Ratings as the nation unlocked fresh funding from the IMF and bilateral lenders.Causes for Egypt’s economic woes date back decades, such as subpar industrial development due to poor planning and heavy bureaucracy, and export policies that created a persistent trade deficit.An over-valued currency, weak property rights and institutions, and an overbearing state and military have deterred investment and competition, according to economic experts.Remittances in 2022-23 fell 30% to $22bn as workers abroad backed away from transfers at the overvalued official exchange rate.The conflict in the Gaza Strip, on Egypt’s northeastern border, has brought risks to tourism and to Suez Canal revenues; receipts from the waterway dropped by about 50% earlier this year.Authorities have also pointed to external shocks, including the Covid-19 pandemic and war in Ukraine.The pound has fallen by more than two-thirds against the dollar since March 2022 in a series of devaluations.Official data classified about 30% of the population as poor before Covid-19 struck, and analysts say numbers have risen since then. As many as 60% of Egypt’s 106mn citizens are estimated to be below or close to the poverty line.Egypt’s latest bout of economic tumult began in 2022, when Russia’s invasion of Ukraine sent commodity prices surging and pushed up the cost of imported wheat and fuel. Bond investors fled en masse, pulling about $20bn from the country, according to a Bloomberg report.Under the latest IMF agreement, authorities are committing to exchange rate flexibility, as well as fiscal discipline in order to bring down inflation and the trade deficit.The policy plan that led to the deal also includes structural reforms to encourage private-sector growth, partly by removing exemptions and privileges for the country’s powerful state-owned enterprises.Egypt’s hardships are likely to worsen in the near term. Consumers are likely to feel the sting of the latest devaluation in higher consumer prices, with inflation already running near 30%.But authorities are banking on the reforms attracting foreign investors back to the country and ending its worst economic crisis in decades.The World Bank will provide Egypt with $3bn in support, Finance Minister Mohamed Maait said on Sunday. Egypt also expects the European Union to announce its support package soon.Longer term for Egypt, the Arab world’s most populous nation, the priority now should be to build on the momentum with meaningful structural reforms that will help attract direct investment, create jobs and improve living standards.

Director general of the General Administration of Endowments Dr Sheikh Khalid bin Mohamed bin Ghanem al-Thani and Hifz Alnaema Centre executive director Ali Ayed al-Qahtani addressing the press conference.
Qatar

Awqaf's food kit distribution to benefit more than 4,000 families

The General Administration of Endowments at the Ministry of Endowments and Islamic Affairs (Awqaf) will distribute food kits to more than 4,000 families during Ramadan.The initiative is implemented in co-operation with Hifz Alnaema Centre. This was announced during a press conference that was attended by the director general of the General Administration of Endowments Dr Sheikh Khalid bin Mohamed bin Ghanem al-Thani, Hifz Alnaema Centre executive director Ali Ayed al-Qahtani and several directors and section heads in the department.Al-Thani said the initiative is one of the pioneering schemes by the department and it has been functional since the beginning of Covid-19 to distribute food kits to needy families. “We announce the continuation of the initiatives that will benefit a large group of needy families."Al-Qahtani expressed his thanks to the General Administration of Endowments for implementing the project and co-operating with the centre. He urged the benefactors to take part in the initiative and contribute to this charity through various endowment methods.The initiative has had a good impact on the beneficiaries, in addition to many praises from those interested and following community affairs. The initiative is aimed at promoting the culture of giving and spreading the spirit of compassion among the different segments of society, and sharing giving with needy families during Ramadan, which is the month of giving.

James Anderson gestures after taking his 7007th Test wicket in Dharamsala on Saturday. (AFP)
Sports

Anderson, England’s enduring ‘king of swing’

James Anderson may be 41 but the England veteran shows no signs of stopping after becoming the first pace bowler to take 700 Test wickets. Only two spinners, Sri Lanka’s Muttiah Muralitharan (800 Test wickets) and the late Australia great Shane Warne (708), are ahead of Anderson on the all-time list of the five-day game’s most successful bowlers.Anderson joined the exclusive ‘700 club’ when he dismissed India’s Kuldeep Yadav, who edged a length delivery outside off in the fifth and final Test in Dharamsala on Saturday.Anderson is renowned as both a conventional swing bowler and for generating reverse-swing later in an innings, while maintaining tight control.Those qualities have helped him to the landmark of 700 wickets, including 32 five-wicket hauls, with his scalps coming at an average of 26.52. He has played an England-record 187 Tests so far. What is more, he is still putting his body through the gruelling demands of pace bowling at an age when many of his international contemporaries have long since retired.The dynamic leadership of England captain Ben Stokes and coach Brendon McCullum has provided Anderson with fresh inspiration.“I am loving playing in this dressing room at the moment. That keeps me going a little bit more,” Anderson, who made his Test debut back in 2003, told TNT Sports during the second match of the current series against India. “I love this group of blokes, the captain and coach have got a great thing going at the moment, and it’s fun to be a part of. For me, it is just something I want to try and do for as long as possible.”Anderson’s long-time bowling partner Stuart Broad retired after last year’s Ashes series in England at the age of 37 with 604 Test wickets. But Anderson has kept going and has proved his worth on the current tour, with two key wickets in the second Test, including bowling India captain Rohit Sharma for 13 with a delivery that nipped away. Stokes lauded his old warhorse before that match in Visakhapatnam by saying: “It’s great that Jimmy is doing good things for the old boys out there. Lots of people should look up to Jimmy.”India’s Sachin Tendulkar, an all-time batting great, lauded Anderson’s ability to challenge even cricket’s greatest run-scorers. “He would hold the ball as if he is bowling an outswinger,” said Tendulkar. “But the release point, he would try and bring the ball back in.”And what is more, in defiance of conventional wisdom about the physical toll of pace bowling, there are signs that late-career Anderson could be the most effective version of them all. Statistics compiled by ESPNCricinfo showed that in the years he was aged 25 to 29, Anderson averaged 28.47 runs per Test wicket. Between 30 and 34, that figure improved to 25.45, and since turning 35, Anderson’s average is just under 23.Anderson’s five great Test hauls on road to 700Five-star debut: Anderson, having already made a name for himself at the 2003 World Cup, marked his Test debut against Zimbabwe at Lord’s in May 2003 by taking 5-73, with four of his victims bowled. It was the first of his 32 five-wicket hauls in Test cricket.Trent Bridge triumph: Nottingham’s venue has a reputation for helping swing bowlers, so it was no surprise that Anderson enjoyed one of his best returns at Trent Bridge in June 2008, when he took 7-43 against New Zealand. He accounted for the first six wickets to fall as England won by an innings and nine runs.Success Down Under: A longstanding criticism of Anderson has been that he is far more effective in home conditions, where he has a bowling average of 24.50, than abroad (30.22). But Anderson did take 24 wickets in the 2010/11 Ashes series in Australia as England triumphed 3-1, and was the leading bowler on either side. England have not won a series in Australia since.Kolkata odds defied: Indian pitches have long had a reputation as a graveyard for seam bowlers, yet by taking six wickets in the third Test in Kolkata in December 2012, Anderson played a key role in a seven-wicket win that contributed to a 2-1 series success – England’s first in India for 28 years.Historical 600: Anderson made history by becoming the first seamer to take 600 Test wickets when he had Pakistan captain Azhar Ali caught in the slips by Joe Root at Southampton in August 2020. The match was played during the Covid-19 pandemic and there were no spectators to acknowledge his feat, with Anderson having to make do with the applause of his teammates.

Gulf Times
Opinion

Kerry bolstered US image, but world’s trust still elusive

As John Kerry prepared to depart as President Joe Biden’s special envoy on climate change, he leaves the United States in a stronger position in global climate diplomacy despite lingering mistrust on the world stage over American policy intentions.The 80-year-old Kerry, capping off over six decades in public service, is credited with restoring US climate ties with China and courting private capital for climate action. But these accomplishments were made even as the United States has become the world’s biggest producer of climate-polluting oil and gas.In an interview ahead of his departure, Kerry said he plans to continue climate advocacy outside of government, though he did not specify whether he will join any boards or organisations.“I will be in a better position to be able to try to leverage, push, cajole, work at the effort” after leaving his envoy post, Kerry said.John Podesta, named by Biden to succeed Kerry, faces a challenging year on climate policy in the run-up to the November 5 US election in which Biden, a Democrat, is seeking re-election, with former president Donald Trump the runaway frontrunner for the Republican nomination to challenge him. According to news reports, Biden’s administration may weaken proposed climate regulations for power plants, automobiles and climate financial disclosures amid resistance from industry and other groups.Kerry assumed the envoy post in 2021 after Trump, during his four years as president, reversed American leadership on climate issues. Trump withdrew the United States from the 2015 Paris agreement that commits most of the world’s nations to combating climate change — and has threatened to do it again if he wins the election.Kerry’s efforts have been hamstrung by a politically divided Congress constraining what the United States could offer in climate finance, with Republicans resisting Democratic efforts.“This is a glaring challenge for US climate policy, and the whole world knows that both political parties are not on board with the agenda,” Samantha Power, administrator of the US Agency for International Development, said in an interview.Kerry turned to building public-private sector coalitions to create momentum, Power added.Under the 2021 Global Methane Pledge, almost 150 countries pledged to slash methane emissions and raised more than $1bn in grant-funding. The First Movers Coalition involved nearly 100 companies including automaker Ford and cement-maker Holcim pledging to buy new climate-friendlier technologies.Through Kerry, the United States also joined other Western governments and banks in launching “just transition” partnerships with South Africa, Indonesia and Vietnam aimed at shuttering coal plants.Kerry has had “one hand tied behind his back,” said Oxford University professor Rachel Kyte, a former World Bank and UN climate official.“He’s tried to find numerous creative ways to keep the conversation moving forward. Time will tell whether these initiatives get off the ground,” Kyte added. Kerry acknowledged a “dangerous trend” in recent weeks, with investment firms including Blackrock and JPMorgan rolling back climate commitments.“I’m concerned about anything that pushes back against common sense, good policy, without presenting an alternative,” Kerry said. “We have to push back against it.”Kerry came up with the idea to forge the US-China relationship on climate 10 years ago as secretary of state under President Barack Obama, then kept it alive amid bilateral tensions and Covid-19 pandemic-related disruptions. Showing unity and progress on climate change between the world’s two biggest economies — and two biggest polluters — helped lay the foundation for the 2015 Paris Agreement, the 2021 Glasgow Pact and other accords, according to experts.“Personal relationships still matter in politics,” said Børge Brende, president of the Swiss-based World Economic Forum.Gina McCarthy, Biden’s White House climate adviser from 2021-2022, said Kerry’s continued engagement with his Chinese counterpart Xie Zhenhua during Trump’s 2017-2021 presidency meant that the United States “was able to restart the relationship at full speed” despite “Trump’s attempt to weaken it.”The United States has failed to fully deliver on climate finance pledges, transferring only $2bn of the $3bn it promised 10 years ago. It has since pledged another $11.4bn, but payments require congressional approval. With private capital shying away from the poorest countries, Kerry’s private sector focus has yet to serve the world’s most climate-vulnerable, according to adviser to the Alliance of Small Island States Michai Robertson of the London-based global affairs think tank ODI.Some critics faulted Kerry’s approach toward corporate leaders and high-polluting countries. — Reuters

Donald Trump
International

Trump challenges Biden to debate ‘anytime, anywhere’

Donald Trump has challenged Joe Biden to an election debate after the two men emerged from primary voting as the all-but-certain Republican and Democratic candidates in November’s US presidential vote.“It is important, for the Good of our Country, that Joe Biden and I Debate Issues that are so vital to America, and the American People,” said Trump, who ducked out of every debate in the race for the Republican nomination.“I am calling for Debates, ANYTIME, ANYWHERE, ANYPLACE!” he wrote on his Truth Social platform.Trump, 77, sewed up the Republican nomination during the 15-state Super Tuesday voting bonanza as he saw off sole remaining challenger Nikki Haley in every state except Vermont.Biden will almost certainly be his opponent.Trump was repeatedly challenged by Haley and his other primary rivals to show up for the Republicans’ televised debates, but he refused, reckoning that he had nothing to gain from sharing a spotlight with lower-polling rivals.However, he is polling within the margin of error against 81-year-old Biden and has reversed his position, saying he would even agree to debates hosted by the Democrats.Biden – who, along with Trump, has faced questions over his age and mental acuity – has not revealed whether he is open to debating Trump.The pair faced off twice in 2020, but the first match-up descended into chaos as Trump spent much of the time shouting Biden down, and a third debate was cancelled following Trump’s refusal to conduct it virtually due to the coronavirus (Covid-19) pandemic.While Biden has been occasionally criticised for distortions of the truth, the former president makes false statements almost every time he speaks in public.His persistent false claim that fraud was to blame for his 2020 election defeat to Biden features in the criminal indictments he faces and was encapsulated by a phrase that has become part of the political lexicon – “The Big Lie”.The Washington Post catalogued over 30,000 false or misleading public claims by Trump during his first term – around 21 a day.

Winners of the awards with HE Dr Hanan Mohamed al-Kuwari.
Qatar

Health minister honours Stars of Excellence Awards winners

The winners of Hamad Medical Corporation (HMC)’s 11th Stars of Excellence Awards have been honoured by HE the Minister of Public Health and HMC Managing Director Dr Hanan Mohamed al-Kuwari.There were three main categories – Health, Education, and Research – as well as the Managing Director’s Award, the Star of Excellence Award, and the Rising Star Award.The awards programme was established in 2010 to acknowledge employees’ commitment to delivering high-quality healthcare services and to recognise the outstanding achievements of staff.“Since Stars of Excellence began in 2010, the HMC has transformed dramatically,” said HE Dr al-Kuwari. “Stars of Excellence highlights our commitment to the Qatar National Vision 2030 in fostering a skilled and motivated workforce; this in turn has an ongoing ripple effect to improve patient centred care, resulting in a healthy population both physically and mentally.”“This year’s nominations have included many projects related to the coronavirus (Covid-19) pandemic and the FIFA World Cup Qatar 2022,” she said.“For three years, our healthcare teams worked tirelessly to support Qatar’s strategies for these national priorities,” the minister added. “Thanks to the commitment and expertise of our healthcare staff, working alongside colleagues from the healthcare sector and across government, Qatar was able to implement a comprehensive strategy to protect the population from Covid-19 and to host a safe, healthy and incredibly successful FIFA World Cup, in addition to successfully hosting many other major events in the country.”“What makes me especially proud is that despite the enormous demand and pressure from Covid-19 and the FIFA World Cup, our dedicated healthcare teams made enormous progress across a wide range of areas to improve the quality of care delivered to our patients,” HE Dr al-Kuwari said.Nasser al-Naimi, HMC’s chief of Patient Experience, said: “Stars of Excellence 2024 received a record number of project nominations and the standard this year has been truly exceptional. Tonight’s programme highlighted the shortlisted projects, yet there are countless more projects that also deserve to be recogniszed and appreciated.”A total of 28 awards were given to the winning project teams, including the Managing Director’s Award, the Star of Excellence Award, the Rising Star Award, and two Awards of Merit.This year’s winning project of the Managing Director’s Award was “Novel Clinical Practices for Covid-19 Critical Care Management”, which also won a Star of Excellence Award within the Health category.The project focused on the implementation of clinical practice modifications to ensure a low mortality rate.Stars of Excellence 2024 Winners* Managing Director’s Award: Novel Clinical Practices for Covid-19 Critical Care Management* Health Category:* Quality and Patient Safety: Qatar’s Age Friendly Health System Movement* Patient Experience: Enhancing Patient Care and Accessibility through the Urgent Consultation Centre* Clinical Practice: Novel Clinical Practices for Covid-19 Critical Care Management* Operational Performance: Clinical Information Systems (CIS)* Technology Refresh and Code Upgrade and Collaborative Achievement: Achieving Excellence with Teamwork* Education Category: Protecting Breastfeeding for the High-Risk Infant* Research Category: HMC National Covid-19 Research Collaboration.

Gulf Times
Business

QNB sees 'some room for positive surprises' in euro area growth

Positive macro data surprises, real income gains and a more supportive global manufacturing cycle should prevent a deepening of the ongoing economic stagnation in the euro area, QNB said in an economic commentary.“All in all, while we do not expect strong growth for the euro area this year, we believe consensus figures are too negative,” QNB noted.According to QNB, the euro area has been in a negative spiral since early 2022, when the region was caught in a doom loop of geopolitical uncertainty, high energy prices, record monetary tightening, and weak external demand.As a result, the post-Covid economic recovery was followed by a significant slowdown on the back of the Russo-Ukrainian conflict. With a deeper energy crisis avoided by good weather, fiscal support and strong tourism seasons, the economic blow was softened.While the euro area as a whole was able to avoid a recession so far, there seems to be no end in sight for such potential threat. Out of the 20 member countries of the euro area, nine are officially in or very close to a recession, including Germany, the Netherlands and Austria.Importantly, headwinds are still looming over the region and the economy is in a standstill for three quarters now, broadly stagnant even as other advanced economies, such as the US, presented a more robust performance with some re-acceleration.Moreover, analysts and economists are projecting further weakness ahead, with the Bloomberg consensus pointing to a tepid 0.5% growth in 2024, far below the long-term average growth of 1.4% for the euro area.Obviously, there is little room to be excessively optimistic about growth in the euro area, as the lagging effects of restrictive monetary policy still need to take place and fiscal policy accommodation should be gradually withdrawn.“However, we do see some room for positive surprises, which justifies our above consensus forecast for 0.8% growth in the euro area. Three main factors underpin our view,” QNB said.First, the flurry of negative economic data surprises in the Euro area seems to be exhausting itself, pointing to some extreme pessimism that is likely to produce positive surprises in the near future. This is reflected by the recent moves in the Citi Economic Surprise Index, a timely figure that measures the pace at which economic indicators are coming in above or below consensus forecasts.For the first time in more than nine months, data has been mostly producing positive surprises since early February 2024. These types of turns tend to imply that projections are currently too gloomy and should start to be revised upwards.Second, lower and falling inflation is expected to produce real income gains, potentially boosting discretionary consumption. In fact, inflation has been collapsing in the Euro area, from a peak of 10.7% in October 2022 to 2.9% in December 2023, with leading indicators suggesting a more rapid convergence towards the 2% inflation target of the European Central Bank.This, in a context where wage growth is still strong, running above 5% per year, point to real income gains that are likely to be translated into higher household spending. As consumption makes up for more than 73% of the euro area’s GDP, this may be a powerful tailwind for stronger growth.Third, manufacturing is expected to be more supportive for euro area growth over the coming months. After an unusually deep and long “global manufacturing recession,” which has been in place since 2022, a positive turn towards an expansion cycle is expected. The Global Manufacturing Purchasing Manager’s Index (PMI), a timely indicator of whether activity is improving or deteriorating, has bottomed in July last year and improved thereafter.The latest print, from January 2024, point to activity at the brink of turning expansionary. An expansion manufacturing cycle often gains momentum rapidly and lasts for about 1.5 years. This is expected to be supportive for the euro area, as manufacturing represents 15-20% of the region’s GDP, QNB added.


An employee works on a tractor production line at a factory in Weifang, in China’s eastern Shandong province. China’s manufacturing activity in February shrank for a fifth straight month, an official survey showed yesterday, raising pressure on Beijing to roll out more stimulus measures as the parliament prepares for a key annual meeting next week.
Business

China’s factory activity shrinks for 5th month, raises pressure for more stimulus measures

China’s manufacturing activity in February shrank for a fifth straight month, an official survey showed yesterday, raising pressure on Beijing to roll out more stimulus measures as the parliament prepares for a key annual meeting next week.The official manufacturing purchasing managers’ index (PMI), compiled by the National Bureau of Statistics (NBS), fell to 49.1 in February from 49.2 in January with a sizeable drop in the output component. It was below the 50-mark separating growth from contraction and in line with a median forecast of 49.1 in a Reuters poll.Seasonal factors contributed to some of the weakness as the Lunar New Year (LNY) fell on Feb. 10 this year and saw factories shut as workers returned home for the holiday.However, a survey by the Caixin/S&P Global released just after the official PMI showed manufacturing activity expanded steadily as both production and new orders grew faster. Taken together, the PMIs highlighted an uneven economic recovery, maintaining pressure on authorities as markets clamour for bolder stimulus measures and reforms to safeguard China’s long-term growth potential.With the exception of September last year, China’s official manufacturing PMI has remained in contraction since March 2023.“We expect the weak growth momentum to extend into March,” said Ting Lu, chief China economist at Nomura, forecasting China’s first quarter GDP growth to be 4.0% year-on-year, much slower than the 5.2% pace clocked in the fourth quarter of last year. China won’t release its 2024 full-year growth target till next Tuesday at the rubber-stamp parliamentary meeting, but policy insiders expect Beijing will maintain a similar growth target to last year of around 5%.China’s disappointing post-Covid recovery has cast doubts about the foundations of its economic model, raising the stakes for government action at the parliament meeting of senior policymakers.The world’s second-biggest economy has been grappling with sub-par growth over the past year amid a property crisis and as consumers hold off spending, foreign firms divest, manufacturers struggle for buyers, and local governments contend with huge debt burdens.China is also facing external challenges, as wars in Ukraine and the Middle East hamper global growth with Japan unexpectedly slipping into a recession at the end of last year and eurozone narrowly escaped it.New export orders have shrunk for 11 consecutive months in the NBS manufacturing PMI, while a year-long contraction in employment in the factory sector pointed to persistent strain on businesses.On the brighter side, the official non-manufacturing PMI, which includes services and construction, rose to 51.4 from 50.7 in January, marking the highest reading since September last year, thanks to robust activity during the LNY holidays.However, construction activity nudged down by 0.4 percentage points with property-related activity still in contraction, an NBS statement said.“Although the survey readings remain below historical averages, this is likely distorted by sentiment effects — survey-based measures have underperformed the hard data recently,” said Zichun Huang, China economist at Capital Economics.Policymakers have pledged to roll out further measures to help shore up growth after the steps implemented since June had only a modest effect. The People’s Bank of China cut the reserve requirement ratio (RRR) for banks by 50-basis points on February 5, the biggest in two years, releasing 1tn yuan ($139.03bn) in long-term liquidity.

Gulf Times
Opinion

E-book lending boom in US pits publishers against libraries

They don’t go missing or get torn and tattered, but e-books are posing concerns for US libraries as publishers insist on restrictive and costly digital licensing contracts, librarians say.“We have to pay for every single checkout, have major limitations on how many copies we can have... and a lot of other arbitrary issues,” said Alison Macrina, a librarian and director of the Library Freedom Project, an advocacy group.Digital collections — including e-books, audiobooks, music and more — have become increasingly central to libraries’ work, particularly since the Covid-19 pandemic when they allowed lending to continue during lockdowns.Patrons checked out a record 662mn e-books and other digital products from libraries last year, 19% more than the previous year, according to OverDrive, a major platform.Over the past decade-and-a-half, the handful of companies that control most US e-book production and distribution have started to lease these works to libraries — rather than selling copies outright.Dubbed “the Netflix model” by some librarians, licensing is not only more expensive, but some worry it allows companies to track reading habits, remove books or censor content.“Major publishers offer no option for the vast majority of e-books to be owned at all by a consumer, whether an individual or a library. You buy a license to view the file,” said Lia Holland from Fight for the Future, a digital rights non-profit.The clash of interests between publishers and libraries has resulted in a series of legal battle in recent years.Publishing companies worry that constraints on e-book licensing could hurt the sector’s economics, while libraries argue the higher fees and other restrictions undermine their mission to make books easily available and encourage reading.“It’s an illustration of the vehemence of this push toward profit maximisation at the cost of an educated populace,” said Holland, campaigns and communications director at Fight for the Future, which has been meeting federal lawmakers on the issue.A number of states have considered laws to oblige publishers to make e-books available to libraries on “reasonable terms”. But publishers and authors have warned the proposals would lower the value of literary works, and a federal judge in 2022 ruled one such state law in Maryland was unconstitutional.Two copyright lawsuits now threaten further restrictions to how libraries can make digital works available.In 2020, four major publishers sued the Internet Archive, a non-profit library with some 44mn print materials and also the world’s largest archive of the Internet.The publishers seek to limit what is known as controlled digital lending — the library’s ability to purchase a book, scan it and then lend the digital copy.Music publishers also brought a second lawsuit over some of the group’s audio recordings.“It’s about ownership — library ownership versus licensing — and the tension that exists between those two ways of managing materials,” said Chris Freeland, director of library services at the Internet Archive.Freeland said the issue was crucial for reader access as well as preservation: “We can’t preserve what we don’t own.” Terrence Hart, the general counsel for an industry trade organisation, the Association of American Publishers, said last year the “Internet Archive’s industrial scale format-shifting activities constitute copyright infringement.” “There is simply no legal support for the notion that Internet Archive or a library may convert millions of e-books from print books for public distribution without the consent of, or compensation to, the authors and publishers,” he said.A judge sided with the publishers last year, but the Internet Archive appealed and the case is ongoing.Longstanding fights over content ownership have expanded to control of distribution channels, said Dave Hansen, executive director of Authors Alliance, which represents authors and submitted a brief in the Internet Archive lawsuit.He said there were now four major e-book publishers in the US, each with their own rules.“These private contracts, private terms and private pieces of technology have supplanted the more generally applicable rules that we have under copyright,” he said.Hansen pointed to a 2022 incident when publisher John Wiley and Sons suddenly removed 1,380 titles from a collection of academic e-books that many libraries use.The experience “demonstrated the power that publishers had to unilaterally dictate what kind of content users could get access to,” he said.Wiley later reversed the decision. It said in a statement it was committed to providing students with affordable e-books and expanding the range of titles available. New technologies are also being used by school boards in their efforts to comply with recently passed state laws banning material that lawmakers have ruled to be offensive.School book bans have increased substantially in recent years and become more comprehensive, according to PEN America, which tracked 5,894 efforts in 41 states from 2021 to 2023.In Iowa, Mason City Community Schools used artificial intelligence (AI) to analyse book content to ensure compliance with a state law passed last year requiring the removal of works depicting sexual acts.“With thousands of books to manage across nine building-level libraries, AI was a tool to efficiently narrow down the list of potential non-compliant books,” Mason City schools superintendent Pat Hamilton said in an e-mail.In December, a federal judge blocked implementation of the state law, pending a legal challenge.Yet the new use of this technology echoes past lessons around AI and social media moderation, said Emile Ayoub, counsel in the liberty and national security programme with the Brennan Center for Justice, a think-tank.“Again and again we’ve seen the limitations of these tools — they’re unreliable, unable to understand content and nuance, they’re biased and can disproportionately impact minority communities,” he said.A tool such as Chat GPT — the “generative” AI program released a year ago — offers a veneer of objectivity, even while producing inconsistent results, he said.“Broad and vague book bans like in Iowa are a basic threat to free speech,” Ayoub said. “And when you use generative AI tools to comply with those bans, it only increases that risk.” Researchers with the Harvard Library Innovation Lab last year tested several “large language models” (LLMs) that power tools such as Chat GPT — asking the models to provide justifications to ban particular books.They found that safeguards against harmful requests were “unpredictable”, with models often going back and forth but complying 75% of the time.“The key point to remember here is that variability is not a bug, but a feature of LLMs,” the lab’s Matteo Cargnelutti and Kristi Mukk said in e-mail.“For now you’ll learn a lot more by talking to a real librarian,” added the lab’s director, Jack Cushman. — Reuters