• Workers in personal protective equipment are seen alongside police patrols in Melbourne, Australia. Nine public housing towers are placed under lockdown, with a stay-at-home order announced for the whole city starting from Wednesday. Getty Images
    Workers in personal protective equipment are seen alongside police patrols in Melbourne, Australia. Nine public housing towers are placed under lockdown, with a stay-at-home order announced for the whole city starting from Wednesday. Getty Images
  • A woman looks out a window from a locked-down public housing tower in Melbourne. AP Photo
    A woman looks out a window from a locked-down public housing tower in Melbourne. AP Photo
  • People walk along the street before entering the area where stores are open, during the gradual reopening of commercial activities in in Mexico City. Reuters
    People walk along the street before entering the area where stores are open, during the gradual reopening of commercial activities in in Mexico City. Reuters
  • Grade 7 pupils of the Sitoromo Junior Secondary School in Sterkspruit, South Africa, sit in their classroom as a cook pours milk into a steaming dish of maize porridge. The school reopened only for Grade 7 pupils after being shut for two weeks because of a Covid-19 case found among its staff. AFP
    Grade 7 pupils of the Sitoromo Junior Secondary School in Sterkspruit, South Africa, sit in their classroom as a cook pours milk into a steaming dish of maize porridge. The school reopened only for Grade 7 pupils after being shut for two weeks because of a Covid-19 case found among its staff. AFP
  • Serbian army soldiers prepare a makeshift field hospital inside the Belgrade Arena. AFP
    Serbian army soldiers prepare a makeshift field hospital inside the Belgrade Arena. AFP
  • Workers in personal protective equipment in Melbourne, Australia. Getty Images
    Workers in personal protective equipment in Melbourne, Australia. Getty Images
  • People wearing face masks stand outside a high school as their wards write the annual national college entrance exam, which had been postponed by a month, in Beijing, China. Reuters
    People wearing face masks stand outside a high school as their wards write the annual national college entrance exam, which had been postponed by a month, in Beijing, China. Reuters
  • A visitor wearing a face mask takes a selfie in front of Leonardo da Vinci masterpiece "Mona Lisa" at the Louvre Museum in Paris, on the museum's reopening day. AFP
    A visitor wearing a face mask takes a selfie in front of Leonardo da Vinci masterpiece "Mona Lisa" at the Louvre Museum in Paris, on the museum's reopening day. AFP
  • Firefighters prepare to distribute food at a public housing tower in Melbourne, Australia. Reuters
    Firefighters prepare to distribute food at a public housing tower in Melbourne, Australia. Reuters
  • People eat lunch at a restaurant with plastic dividers between tables, as a preventative measure amid the Covid-19 pandemic in Sao Paulo, Brazil. AP Photo
    People eat lunch at a restaurant with plastic dividers between tables, as a preventative measure amid the Covid-19 pandemic in Sao Paulo, Brazil. AP Photo
  • Marcela Alvarez holds her birthday party in her home's balcony in Buenos Aires. AP Photo
    Marcela Alvarez holds her birthday party in her home's balcony in Buenos Aires. AP Photo
  • A health worker takes a nasal swab of a person for a Covid-19 test at a hospital in New Delhi, India. AP Photo
    A health worker takes a nasal swab of a person for a Covid-19 test at a hospital in New Delhi, India. AP Photo

Scientists urge WHO to acknowledge virus can spread in air


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More than 200 scientists have called for the World Health Organisation and others to acknowledge that the coronavirus can spread in the air – a change that could alter some of the current measures being taken to stop the pandemic.

In a letter published this week in the journal Clinical Infectious Diseases, two scientists from Australia and the US wrote that studies have shown "beyond any reasonable doubt that viruses are released during exhalation, talking and coughing in microdroplets small enough to remain aloft in the air". That means people in certain indoor conditions could be at greater risk of being infected than was previously thought.

The WHO has long maintained that Covid-19 is spread by larger respiratory droplets, most often when people cough or sneeze, that fall to the ground. It has dismissed the possibility of airborne transmission, except for certain high-risk medical procedures, which include putting patients on breathing machines.

In a statement on Monday, the UN health agency said it was aware of the article and was reviewing it with technical experts.

WHO has been criticised in recent weeks and months for its seeming divergence from the scientific community. The organisation for months declined to recommend mask-wearing, partly out of supply concerns and has also continued to describe the transmission of Covid-19 from people without symptoms as "rare".

The letter, endorsed by 239 scientists from diverse fields, said the issue of whether or not Covid-19 was airborne was of "heightened significance" as many countries stop restrictive lockdown measures.

The authors cited previous studies suggesting that germs closely related to the new virus were spread by airborne transmission. They said "there is every reason to expect" the coronavirus behaved similarly. They also cited a Washington state choir practice and research about a poorly ventilated Chinese restaurant in Guangzhou, each of which raised the possibility of infections from airborne droplets.

"We are concerned that the lack of recognition of the risk of airborne transmission of Covid-19 and the lack of clear recommendations on the control measures against the airborne virus will have significant consequences," the scientists wrote. "People may think they are fully protected by adhering to the current recommendations but in fact, additional airborne interventions are needed."

Scientists around the world have been working furiously to understand the new virus. According to the US Centres for Disease Control and Prevention, the virus is thought to mainly jump from person to person through close contact. "We are still learning about how the virus spreads," it said.

Martin McKee, a professor of European Public Health at the London School of Hygiene and Tropical Medicine who was not linked to the letter, said the scientists' arguments sounded "entirely reasonable."

"Part of the problem is that everybody at WHO was moving with the paradigm of influenza, even though we know there are lots of differences between influenza and coronaviruses," he said.

Mr McKee said with Britain's recent reopening of its pubs, restaurants and salons, the possibility of airborne coronavirus transmission might mean stricter interventions are needed indoors, including more mask-wearing and continued physical distancing.

"We're getting accumulating evidence about super-spreading events happening in indoor spaces where there are large numbers of people in confined spaces," he said. "Many of these are in exactly the circumstances that governments now want to open up."

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

Company%20profile
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Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Trolls World Tour

Directed by: Walt Dohrn, David Smith

Starring: Anna Kendrick, Justin Timberlake

Rating: 4 stars

Glossary of a stock market revolution

Reddit

A discussion website

Redditor

The users of Reddit

Robinhood

A smartphone app for buying and selling shares

Short seller

Selling a stock today in the belief its price will fall in the future

Short squeeze

Traders forced to buy a stock they are shorting 

Naked short

An illegal practice  

UK’s AI plan
  • AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
  • £10bn AI growth zone in South Wales to create 5,000 jobs
  • £100m of government support for startups building AI hardware products
  • £250m to train new AI models
New Zealand 15 British & Irish Lions 15

New Zealand 15
Tries: Laumape, J Barrett
Conversions: B Barrett
Penalties: B Barrett

British & Irish Lions 15
Penalties: Farrell (4), Daly

Disability on screen

Empire — neuromuscular disease myasthenia gravis; bipolar disorder; post-traumatic stress disorder (PTSD)

Rosewood and Transparent — heart issues

24: Legacy — PTSD;

Superstore and NCIS: New Orleans — wheelchair-bound

Taken and This Is Us — cancer

Trial & Error — cognitive disorder prosopagnosia (facial blindness and dyslexia)

Grey’s Anatomy — prosthetic leg

Scorpion — obsessive compulsive disorder and anxiety

Switched at Birth — deafness

One Mississippi, Wentworth and Transparent — double mastectomy

Dragons — double amputee

Shipping%20and%20banking%20
%3Cp%3EThe%20sixth%20sanctions%20package%20will%20also%20see%20European%20insurers%20banned%20from%20covering%20Russian%20shipping%2C%20more%20individuals%20added%20to%20the%20EU's%20sanctions%20list%20and%20Russia's%20Sberbank%20cut%20off%20from%20international%20payments%20system%20Swift.%3C%2Fp%3E%0A
T20 World Cup Qualifier

Final: Netherlands beat PNG by seven wickets

Qualified teams

1. Netherlands
2. PNG
3. Ireland
4. Namibia
5. Scotland
6. Oman

T20 World Cup 2020, Australia

Group A: Sri Lanka, PNG, Ireland, Oman
Group B: Bangladesh, Netherlands, Namibia, Scotland

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.”