Egypt detects 818 new coronavirus infections; 42 deaths on Monday    Tatweer Misr signs EGP 3.2bn worth investment contracts for Bloomfields educational zone    Egypt prepares for launching its 1st mobile notary public    Water wars    The endangered River Nile    Egypt highlights anti-climate change efforts during Spring Meetings    GERD: All options open    Don't miss AUC's Lions of Cairo ensemble concert    Egypt's external debt increases to $129.2bn in 2020: CBE    Prominent American rapper and actor DMX dies at 50    Tehran vows revenge    Al-Sisi, Lavrov address bilateral cooperation, Ethiopia's disputed dam    Narrative Summit launches 1st episode of Reshaping Norms 2021    Russia offers technical assistance in Nile dam negotiation: Lavrov    2021 Copenhagen Documentary Festival to launch Big Digital Live Platform    Paris to launch first int'l modern and contemporary art fair dedicated to Middle East, North Africa    Syrian air force may have dropped chlorine bomb on town in rebel area in 2018: Chemical arms watchdog    Egyptian artists honoured at Cairo Opera House for taking part in Golden Parade    Lebanese minister expands claim in maritime area dispute with Israel    Abu Dhabi's ADNOC, Dutch-listed OCI weigh IPO of fertiliser joint venture: sources    Karnak Int'l hospital in Luxor to turn into key medical tourism destination in Egypt: Health minister    IMF increases its expectations for MENA economy to 4% in 2021    Russian FM says Egypt is main partner in Middle East, Africa    Macro Group delays Egypt IPO plans    Hotels in Egypt open at half capacity, have 40-45% occupancy rates in Q1    Bayern Munich, Liverpool needing comebacks to reach CL semifinals    Borussia Dortmund's Sancho back in training before City clash    Australia abandons COVID-19 vaccination targets after new advice on AstraZeneca shots    Cleopatra Hospitals, Nahda University sign EGP 7.4m MoU for joint scholarship programme    Egyptian-African Relations Committee discusses strengthening Egypt's stance in Africa    Egypt will not allow internal water crisis due to Ethiopian dam: Water Minister    Egypt's Public Prosecution announces results of investigations into Sohag train crash    Egypt's Trezeguet injury worries Aston Villa Coach Dean Smith    Egypt's hotels, open at half capacity, had 40%-45% occupancy rate in Q1 2021: official    Egypt sees an uptick in new coronavirus infections registers 801 new cases on Saturday    Bibliotheca Alexandrina launches hieroglyphics programme for primary school teachers    Ethiopia invites Egypt, Sudan to nominate operators in data exchange on GERD's 2nd filling    PMI moves towards a smoke-free transformation, takes part in a webinar on e-cigarettes    Zamalek's Shikabala nominated for best goal in CAF Champions League    Egypt's national youth fencing team achieves world glory    Karate Federation celebrates success of Egypt Cup    Egypt's President warns of grave consequences of water crises in Africa    Allianz Egypt partners with IGNITE to equip brand ambassadors for 2021 Olympics    Hassan Allam consortium wins contract to manage, operate Grand Egyptian Museum    Enhanced Labs signs Mr. Olympia 2020 "Big Ramy" And His Trainer Dennis James    King Tutankhamun funerary mask is must-see tourist icon: The Telegraph    Seasoned Egyptian screenwriter Wahid Hamed dies at 76    Egypt, Ethiopia, Sudan to resume Nile dam talks today    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





What you need to know about the coronavirus right now
Published in Ahram Online on 02 - 09 - 2020

Elders drive South Korea case surge
More than 40% of new coronavirus cases in South Korea are being found in people over the age of 60, contributing in part to a surge in the number of COVID-19 patients who are severely or critically ill, health authorities said on Wednesday.
The surge in cases over the past three weeks has depleted medical facilities, with less than 3% of hospital beds - or just nine - available for critical cases in greater Seoul, versus 22% about 10 days ago, the health ministry said.
South Korea is battling a second wave of infection, centred in the capital Seoul and surrounding areas which are home to 25 million people.
Preventing U.S. renters from being evicted
The U.S. Centers for Disease Control and Prevention on Tuesday issued a sweeping nationwide order temporarily halting millions of U.S. renters from being evicted, in a bid to reduce the spread of COVID-19.
The order lasts through Dec. 31 and covers all 43 million U.S. residential renters as long as they meet income eligibility requirements, although an administration official said the government does not expect an "overwhelming" use of the program.
In July, a firm estimated more than $21.5 billion in past-due rent is owed by Americans. As unemployment surged to levels unseen since the aftermath of the 1930s Great Depression, a patchwork of federal, state and local eviction bans has kept renters who could not make payments in homes.
Super-cooled vaccine a challenge
Getting a coronavirus vaccine from manufacturing sites to parts of the developing world supply will be an immense challenge, given the need to store some vials at temperatures as low as minus 80 Celsius (-112 Fahrenheit), German logistics firm Deutsche Post warned on Tuesday.
Companies developing vaccines requiring exceptional cold storage, such as Moderna Inc and CureVac, are working to make their injections last longer in transit. The novel class of mRNA vaccines is among the furthest advanced in a field of 33 immunisation shots currently being tested on humans.
Upgrading cold storage infrastructure in regions outside the 25 most advanced countries, home to one-third of the global population, will pose an immense challenge, said Deutsche Post in its study, conducted with consultancy firm McKinsey.
Flipped consumer economy
America's pandemic consumer economy is like nothing we've seen before. Instant coffee, ketchup, Lululemon yoga pants and Nike Air Max sneakers are all in. Bottled water, pricey diapers and Burberry luxury trench coats are out.
This has given some companies surprising power to raise prices or withdraw discounts. Demand and prices have also increased for more expensive, or "splurge" items, like $106 men's Nike Air Max sneakers, $105 Lululemon yoga pants and even a $1,500 Louis Vuitton handbag. Economists put this apparent discrepancy in behavior down to the fact that many people, unable to spend outside, have more cash in hand.
Some industry experts point out that companies have had to grapple with costly production shifts to adapt to the new landscape, while it remains uncertain how long this will last. Consumer demand, as well as brands' pricing power, could change in the coming weeks and months as many Americans feel more financial pain.


Clic here to read the story from its source.