COVID 2019

  • Over nine days, Chinese authorities had announced a consistent decline in the confirmed number of new cases of COVID-2019 (the disease caused by the novel coronavirus) outside of Hubei province. However, the province itself, which has been the epicentre of the outbreak, recorded a sharp spike in the number of newly confirmed cases and deaths. What explains this?

 

How much is the spike

  • Hubei’s tally was updated with 14,840 new cases to on Wednesday. These brought the total number to 48,206 — the largest 24-hour increase recorded since the outbreak began.

 

Why?

  • The spike appears to have been caused due to an adjustment in diagnostic criteria.
  • Any suspected cases with pneumonia-related computerised tomography (CT) scan results are counted as clinically diagnosed cases.”
  • The new method is only being used in Hubei.

 

 

Global 
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TOTAL 
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The UN health agency Thursday said a sharp rise was 
rec»rted in COVItn9 cases in China, due to a change in 
methcx3

 

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S&P retains India’s rating at ‘BBB-’ with stable outlook

  • Rating agency says growth may recover toward longer term trend rates in 2 to 3 years.
  • India is experiencing a cyclical, rather than a structural economic slowdown.
  • S&P says despite the slowdown, India’s structural growth outperformance remains intact.
  • “India’s growth will stabilize and begin to recover from its current low ebb."
  • “Fiscal deficits will remain broadly in line with our forecasts over the next two years,"
  • Economic growth rate is likely to improve to 6% during 2020-21, 7% in the next fiscal and 7.4% thereafter.

 

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Time is running out to reduce greenhouse gas emissions

  • The ‘Future of Earth, 2020’ report enlists five key global risks by South Asia Future Earth Regional Office, Divecha Centre for Climate Change, Indian Institute of Science.
  • Concentration of carbon dioxide in the atmosphere reached more than 415 ppm, and the five years from 2014 to 2018 were the warmest recorded over land and ocean since 1880
  • The report was prepared with the aim of reducing carbon footprint and halting global warming below 2 degree Celsius by 2050.

5 Global risks