Global health chiefs renamed coronavirus variants in an effort to remove any stigma associated with the countries they are associated with.
Under the new system devised by the World Health Organisation, variants are no longer identified by the area or country of their discovery, such as the Indian, South African or Kent strains.
Greek letters have instead been assigned to the strains in the order they were designated variants of concern, starting at Alpha, for the strain first detected in the UK last year.
The scientific names used for the variants were also ruled out for regular use as they could be deemed too complicated to remember.
Viruses have often been named after the place where they emerged, like Ebola, which was named after a river in the Democratic Republic of the Congo.
But that has been damaging to the countries’ reputations, WHO said.
It lists 10 Covid-19 strains, four of which are described as variants of concern and six variants of interest.
Here we explain the new names and what you need to know about the strains.
Variants of concern:
Delta - Indian variant/B1617.2
This was first detected in October in India, where it led to a second wave that has receded.
The strain includes mutations which make it more transmissible and help it evade the body’s immune response.
The UK recently said it was estimated to be 40 per cent more transmissible than the Alpha variant, which itself was also more transmissible than the original strain.
And vaccines appear to be less effective against it.
Research from the UK, where the strain has recently become dominant, suggests people who have received the Pfizer vaccine generate fewer antibodies against it compared to other variants.
The study, published in The Lancet medical journal, found that people fully vaccinated with Pfizer-BioNTech are likely to have more than five times lower levels of neutralising antibodies against it.
According to Public Health England (PHE), three weeks after the first dose of either Pfizer or AstraZeneca-Oxford, both vaccines were around 33 per cent effective against symptomatic disease, versus 50 per cent against Alpha.
Its latest risk assessment said there is a “high level of uncertainty” about AstraZeneca’s effectiveness against the strain after two doses.
A report by PHE also said people infected by the strain are also twice as likely to end up in hospital than with Alpha. It has been linked to cases of “unprecedented damage” to the pancreas in otherwise healthy people in India.
For these reasons, scientists say the strain is the worst seen to date.
Gamma - Brazil variant/P1
This strain is believed to have emerged in mid-November in Brazil in the Amazonian city of Manaus, which was hit by two waves of the virus.
Mutations make it more transmissible and give it the ability to escape previous immunity.
Data collected in Manaus suggested the variant may be twice as transmissible as previous strains, and could evade up to half of immune defences from previous infections.
People who had the virus before have around 54 to 79 per cent protection against P1.
That explains why the variant led to a deadlier second wave, overwhelming hospitals again, even after studies suggested more than three quarters of the population had already had the virus.
Vaccines also appear to be weaker against it.
In lab tests, antibodies produced by Pfizer’s vaccine could not attach as well compared to the original virus.
Beta - South Africa variant/B1351
This strain was first detected in South Africa in early October, but not publicly announced until December, when authorities said it appeared to affect younger people more than previous variants.
It has since been found in more than 80 countries.
It carries a mutation called E484K, which helps the virus elude a person’s immune system.
And the vaccines do not work as well against it, in particular AstraZeneca, which offers only 10 per cent protection against mild to moderate illness caused by the strain.
Research in Qatar found people who received the Pfizer vaccine were 75 per cent less likely to develop Covid-19.
Alpha - Kent variant/B117
Tests showed the variant first emerged in the UK in Kent in late September.
At the end of October the strain accounted for only 3 per cent of cases in England.
But by the start of February the share had soared to 96 per cent, causing a third wave across the country.
It also became dominant in the US.
That was because the strain is significantly more transmissible than the original virus which emerged in Wuhan.
And because more people become sick, more people are put in hospital if they catch it.
Data suggested the strain is 30 to 70 per cent more lethal than the original strain.
But it does not escape antibodies from natural infection or vaccines.
A trial from the UK found the AstraZeneca-Oxford vaccine was 70.4 per cent effective against symptomatic Covid-19 caused by the variant.
Pfizer is 89.5 per cent effective against the strain, at least 14 days after the second dose.
Variants of interest:
Epsilon - B.1.427/B.1.429
It was first designated a variant of interest on March 5 and is common in California. It is believed to be about 20 per cent more infectious, and carries the L452R mutation, which is believed to increase immune evasion and binding to cells.
Zeta - P2
Identified as a a variant of interest later in March, it was discovered in Brazil in April, 2020. It includes the E484 mutation in the spike. There is limited information on whether monoclonal antibody therapies and antibodies generated post-vaccination are affected by it.
Eta - B.1.525
Eta was first detected in Nigeria but has since been found in other countries. It was designated a variant of interest at the same time as Zeta.
It includes the E484K mutation, which is believed to help the virus avoid the immune system, and possibly vaccine-induced antibodies.
Theta - P.3
Theta was identified in the Philippines in January before being designated a variant of interest in March. It also includes the E484K mutation.
Iota - B.1.526
The strain was detected in New York and identified as a variant of interest in late March.
There are two forms of the variant, one of which includes the E484K mutation, while the other includes the S477N mutation, which is believed to help the virus bind more tightly to cells.
Kappa - B.1.617
Detected in India in October, it was classified as a variant of interest in April. It split into two lineages, one of which, B.1.617.2, has since become a variant of concern.
WHO has said has demonstrated increased transmissibility in some areas, but appears to be declining. It carries two mutations believed to be of concern, L452R and E484Q, termed as an escape mutation as it helps the virus slip past the body's immune system.
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How the UAE gratuity payment is calculated now
Employees leaving an organisation are entitled to an end-of-service gratuity after completing at least one year of service.
The tenure is calculated on the number of days worked and does not include lengthy leave periods, such as a sabbatical. If you have worked for a company between one and five years, you are paid 21 days of pay based on your final basic salary. After five years, however, you are entitled to 30 days of pay. The total lump sum you receive is based on the duration of your employment.
1. For those who have worked between one and five years, on a basic salary of Dh10,000 (calculation based on 30 days):
a. Dh10,000 ÷ 30 = Dh333.33. Your daily wage is Dh333.33
b. Dh333.33 x 21 = Dh7,000. So 21 days salary equates to Dh7,000 in gratuity entitlement for each year of service. Multiply this figure for every year of service up to five years.
2. For those who have worked more than five years
c. 333.33 x 30 = Dh10,000. So 30 days’ salary is Dh10,000 in gratuity entitlement for each year of service.
Note: The maximum figure cannot exceed two years total salary figure.
The specs
Engine: 3.8-litre twin-turbo flat-six
Power: 650hp at 6,750rpm
Torque: 800Nm from 2,500-4,000rpm
Transmission: 8-speed dual-clutch auto
Fuel consumption: 11.12L/100km
Price: From Dh796,600
On sale: now
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.”
The specs: 2018 Mercedes-Benz E 300 Cabriolet
Price, base / as tested: Dh275,250 / Dh328,465
Engine: 2.0-litre four-cylinder
Power: 245hp @ 5,500rpm
Torque: 370Nm @ 1,300rpm
Transmission: Nine-speed automatic
Fuel consumption, combined: 7.0L / 100km
So what is Spicy Chickenjoy?
Just as McDonald’s has the Big Mac, Jollibee has Spicy Chickenjoy – a piece of fried chicken that’s crispy and spicy on the outside and comes with a side of spaghetti, all covered in tomato sauce and topped with sausage slices and ground beef. It sounds like a recipe that a child would come up with, but perhaps that’s the point – a flavourbomb combination of cheap comfort foods. Chickenjoy is Jollibee’s best-selling product in every country in which it has a presence.
'How To Build A Boat'
Jonathan Gornall, Simon & Schuster
Museum of the Future in numbers
- 78 metres is the height of the museum
- 30,000 square metres is its total area
- 17,000 square metres is the length of the stainless steel facade
- 14 kilometres is the length of LED lights used on the facade
- 1,024 individual pieces make up the exterior
- 7 floors in all, with one for administrative offices
- 2,400 diagonally intersecting steel members frame the torus shape
- 100 species of trees and plants dot the gardens
- Dh145 is the price of a ticket
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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
ARSENAL IN 1977
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Mar 12 QPR 2-1 Arsenal
Mar 23 Stoke 1-1 Arsenal
Apr 02 Arsenal 3-0 Leicester
Key changes
Commission caps
For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:
• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term).
• On the protection component, there is a cap of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).
• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated.
• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.
• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.
Disclosure
Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.
“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”
Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.
Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.
“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.
Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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Vidaamuyarchi
Director: Magizh Thirumeni
Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra
Rating: 4/5
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Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
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