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☆ Biden nominates former MasterCard CEO Ajay Banga to head World Bank
▼ + stars: | 2023-02-23 | by ( ) www.cnbc.com time to read: +2 min

U.S. President Joe Biden on Thursday nominated former MasterCard CEO Ajay Banga to become president of the World Bank, hailing his business experience in his native India and his commitment to mobilizing private funds to expand financial inclusion and help developing countries grapple with climate change. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," Biden said in a statement. "Raised in India, Ajay has a unique perspective on the opportunities and challenges facing developing countries and how the World Bank can deliver on its ambitious agenda to reduce poverty and expand prosperity." Biden singled Banga's decades of experience building global companies and building public-private partnerships to tackle urgent challenges such as climate change, and said he had a proven track record working with global leaders. "He can really be a force for change," Moreno said, noting that Banga enjoyed the trust of financial markets whose support was urgently needed to help raise the trillions of dollars needed to deal with global challenges.

☆ JPMorgan CEO says remote work isn't good for young people and managers, but can be 'perfectly reasonable' for coders and women with caregiver concerns
▼ + stars: | 2023-01-21 | by ( ) www.businessinsider.com time to read: +3 min

JPMorgan CEO Jamie Dimon said in a CNBC interview that remote work is "perfectly reasonable to help women." Remote work is reasonable for some jobs, Dimon said, but it doesn't work for "young kids" and managers. "I think it's perfectly reasonable to help women," Dimon said during an interview Thursday from Davos, Switzerland where the World Economic Forum is being held. Dimon also said there are jobs where remote work is "perfectly reasonable," like writing a book, or doing research or coding. "It doesn't work for young kids, it doesn't work for spontaneity, it doesn't really work for management," Dimon told Squawkbox of working remote.

☆ Russia releases U.S. Navy veteran into Poland
▼ + stars: | 2023-01-12 | by ( ) www.nbcnews.com time to read: +2 min

Russia on Thursday released a U.S. citizen who had crossed into its Kaliningrad exclave in the first weeks of Moscow’s invasion of Ukraine last February, former U.S. Ambassador to the United Nations Bill Richardson, who met the man at the border in Poland, said in a statement. U.S. Navy veteran Taylor Dudley, 35, was backpacking in Europe when he crossed the Polish-Russian border in April, Jonathan Franks, a lawyer who represents families of Americans detained overseas, said in an email to reporters. Dudley’s circumstances while in Russia were unclear and his case had not been previously publicized. Kaliningrad is a Russian province sandwiched between Poland and Lithuania and is the headquarters of the Russian navy’s Baltic Fleet.

U.S. Navy veteran Taylor Dudley, 35, was backpacking in Europe when he crossed the Polish-Russian border in April, Jonathan Franks, a lawyer who represents families of Americans detained overseas, said in an email to reporters. Dudley's circumstances while in Russia were unclear and his case had not been previously publicized. "The negotiations and work to secure Taylor’s safe return were done discreetly and with engagement on the ground in both Moscow and Kaliningrad and with full support from Taylor’s family back in the United States," the Richardson Center said. A U.S. embassy representative in Warsaw was also present at Dudley's release, according to Franks, and the Richardson Center thanked U.S. officials, as well as businessman Steve Menzies, for helping secure Dudley's return. Kaliningrad is a Russian province sandwiched between Poland and Lithuania and is the headquarters of the Russian navy's Baltic Fleet.

The methods for counting COVID deaths have varied across countries in the nearly three years since the pandemic began. CAN CHINA'S COVID DATA BE TRUSTED? With one of the lowest COVID death tolls in the world, China has been routinely accused of downplaying infections and deaths for political reasons. Globally, the study estimated 18.2 million excess deaths in 2021-2022, compared with reported COVID deaths of 5.94 million. China actually cut its accumulated death toll by one on Dec. 20, bringing the total to 5,241.

☆ Fact Check-‘Catastrophic Contagion’ video is fictional and does not support claims about pandemic preparedness exercises
▼ + stars: | 2022-12-15 | by ( Reuters Fact Check | ) www.reuters.com time to read: +6 min

Baseless claims that pandemic preparedness exercises are proof that disease outbreaks are “planned” by authorities have been a recurring narrative since the coronavirus pandemic broke out. These fictional scenarios go beyond infectious diseases, as such exercises also exist for natural disasters or nuclear events, for example. These rules, that are binding for WHO members, set out countries’ obligations when handling public health events and emergencies that could potentially cross borders (here) (here). Otherwise, we will be unprepared for the next infectious disease event. Experts told Reuters that preparedness exercises like “Catastrophic Contagion” have been a part of pandemic preparedness for at least the last two decades.

☆ FDA expresses concern about providers who offer abortion medications before pregnancy, reports say
▼ + stars: | 2022-11-01 | by ( Jen Christensen | ) edition.cnn.com time to read: +7 min

Medication abortion, also known as medical abortion, is a method by which someone ends their pregnancy by taking two pills, rather than having a surgical procedure. Medication abortion now accounts for more than half of all US abortions, according to the Guttmacher Institute, a research and policy organization focused on sexual and reproductive health. “We’re also proud to offer ongoing, supportive abortion care from our providers as part of our advance provision service to support patients throughout the process,” she said. “Providers are fully able to prescribe medications off-label, and in fact, some prescribe mifepristone up to 12 weeks” into a pregnancy, Upadhyay said. To prescribe the abortion medication, providers have to be certified, and the patient must sign paperwork that says they understand that there is a risk of complications.

The family of a retired U.S. Marine believe he is on life support in a separatist-controlled hospital in Ukraine after he went to fight back the Russian invasion alongside the Ukrainian military. Grady Kurpasi, 50, traveled to Ukraine shortly after the war began in February to help with evacuations and train Ukrainian soldiers. Courtesy Don TurnerA State Department spokesperson said the agency was “aware of unconfirmed reports regarding a missing U.S. citizen in Ukraine. The center has brought up the retired Marine in recent discussions with the Russian government, a spokesperson confirmed. A retired Marine Corps officer, Kurpasi was adopted by an American couple from South Korea as a young child.

☆ U.S. not expecting any big breakthroughs on debt issues this week -Treasury officials
▼ + stars: | 2022-10-11 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/IllustrationWASHINGTON, Oct 11 (Reuters) - U.S. Treasury Secretary Janet Yellen views debt restructuring as a key priority, but senior Treasury officials said they do not expect any major breakthroughs on debt matters at this week's meetings of the International Monetary Fund and World Bank. Aiding Sri Lanka, one of the most urgent such cases, would require a process with key creditors outside of the G20 framework, the Treasury official said. Yellen, who last week warned that some countries would need "considerable debt relief," would discuss the issue with her counterparts during the week, a second Treasury official said. The Zambian government told investors on Friday it hoped it would agree debt relief terms with official creditors by the end of the year or early 2023. Chad's creditors are also close to reaching a debt relief agreement, a French Finance Ministry source said on Monday.

☆ The Covid-19 emergency may end, but there’s no rule to say when the pandemic is over
▼ + stars: | 2022-09-21 | by ( Brenda Goodman | ) edition.cnn.com time to read: +7 min

For now, it remains a public health emergency in the United States, according to the US Department of Health and Human Services, and it’s still a public health emergency of international concern, or PHEIC, according to WHO. Each country, in turn, declares its own public health emergency – declarations that carry legal weight. In the United States, for example, the end of the public health emergency will have ramifications for health care coverage and cost-sharing of Covid-19 tests and treatments. At this point, WHO is not saying whether it will recognize an end to the Covid-19 pandemic. Instead, he said, WHO will continue to assess the need for the public health emergency, and an expert committee meets every three months to do that.

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