Forty years ago today, in an unprecedented feat of global public health collaboration, the world eradicated a virus that had plagued humankind for three millennia.
In the eight decades leading up to that point, it killed around 4 million people a year.
But on May 8, 1980, the World Health Organisation officially declared that the world was finally free of smallpox.
Today, the virus exists only in a limited number high-security laboratories.
Our victory over smallpox marked the first and only time that humanity has ever successfully eradicated a disease through coordinated efforts.
Today, in the era of Covid-19, it is a precious reminder that such feats are possible.
The UAE has been malaria-free since 2007. In the last decade, it has punched far above its weight in helping to combat the disease worldwide
Viral pandemics, of course, are only one among a myriad of threats to public health that emerge from nature.
Another, which has devastated tropical regions of our planet for much of human history, is the malaria parasite, spread primarily through infected mosquitoes.
Malaria claims over 400,000 lives a year, most of which belong to children and infants.
The annual economic costs of the disease to Africa alone amount to $12 billion. The UAE has been malaria-free since 2007.
In the last decade, it has punched far above its weight in helping to combat the disease worldwide.
In addition to supporting the Roll Back Malaria Partnership and donating malaria nets and other supplies to Yemen and various African nations, the UAE has also been a major supporter of Gavi, the global vaccine alliance, which has launched its own malaria vaccine pilots.
Through its leadership in the Reach the Last Mile initiative, a global public-private coalition is working to combat malaria, polio, river blindness and other diseases. Abu Dhabi's biannual RLM Forum has become the meeting point for public health leaders committed to eliminating disease.
Significant progress has been made. The current death toll from malaria is less than half of what it was a decade ago.
But without a vaccine, the fight had begun to stall – until now.
This week, the scientific community announced a significant breakthrough on the road to eradicating malaria.
A multinational team of researchers in Kenya have discovered that Microsporidia MB, a fungus-like microbe that also parasitises mosquitoes, protects its insect hosts from malaria infection, in turn preventing them from transmitting it to humans.
The researchers found that not a single mosquito carrying Microsporidia MB (5 per cent of the mosquitoes surveyed) also hosted the malaria parasite.
There is still some ways to go before the benefits of Microsporidia MB can be fully realised. But a major benefit is that it is already a natural part of the ecosystem and does no apparent damage to mosquitoes or the wider biosphere.
To effectively halt malaria in its tracks, it needs to infect 40 per cent of a region’s mosquitoes, and more studies must be done on how to spread it effectively.
If further work on a solution to malaria involving Microsporidia MB proves successful, we will show – perhaps for the second time in the last half-century – that we are not a species so easily defeated by disease outbreaks.
With co-operation, ingenuity and hard work, we can always make the world of tomorrow a safer and healthier place.
FIXTURES
Fixtures for Round 15 (all times UAE)
Friday
Inter Milan v AS Roma (11.45pm)
Saturday
Atalanta v Verona (6pm)
Udinese v Napoli (9pm)
Lazio v Juventus (11.45pm)
Sunday
Lecce v Genoa (3.30pm)
Sassuolo v Cagliari (6pm)
SPAL v Brescia (6pm)
Torino v Fiorentina (6pm)
Sampdoria v Parma (9pm)
Bologna v AC Milan (11.45pm)
Gender pay parity on track in the UAE
The UAE has a good record on gender pay parity, according to Mercer's Total Remuneration Study.
"In some of the lower levels of jobs women tend to be paid more than men, primarily because men are employed in blue collar jobs and women tend to be employed in white collar jobs which pay better," said Ted Raffoul, career products leader, Mena at Mercer. "I am yet to see a company in the UAE – particularly when you are looking at a blue chip multinationals or some of the bigger local companies – that actively discriminates when it comes to gender on pay."
Mr Raffoul said most gender issues are actually due to the cultural class, as the population is dominated by Asian and Arab cultures where men are generally expected to work and earn whereas women are meant to start a family.
"For that reason, we see a different gender gap. There are less women in senior roles because women tend to focus less on this but that’s not due to any companies having a policy penalising women for any reasons – it’s a cultural thing," he said.
As a result, Mr Raffoul said many companies in the UAE are coming up with benefit package programmes to help working mothers and the career development of women in general.
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From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
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.”
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
Killing of Qassem Suleimani
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
INFO
What: DP World Tour Championship
When: November 21-24
Where: Jumeirah Golf Estates, Dubai
Tickets: www.ticketmaster.ae.
The years Ramadan fell in May
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