Europe running out of hospital beds as ‘powerful’ second wave takes hold


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European nations have sounded alarm over the availability of hospital beds as many battle to overcome the second wave of coronavirus.

Belgium - Europe’s worst Covid hotspot - warned there had been a “very limited” decrease in the number of coronavirus patients in ICU wards, despite deaths potentially peaking on Friday.

Health authorities this week began flying severely ill coronavirus patients to Germany to free up beds.

Belgian virus crisis centre spokesman Yves Van Laethem said the country could “finally see the peak of this second wave”.

But he warned: "Just because these results are better does not mean they are good. Together with the Czech Republic, we remain the European champions in terms of the number of new infections.”

The latest infection data on Friday showed a significant decline with 11,128 new cases over 24 hours - down from 15,672 on Thursday.

Belgium hit a high for new cases on October 27 when 22,171 were recorded,

In Switzerland, meanwhile, health workers said ICU facilities were “constantly full”.

In one Swiss hospital, the sudden transfer of Covid patients has become routine.

"This morning, I was asked to take one more patient ... so I had to transfer the most stable patient I had to another hospital to make room," said Herve Zender, chief physician at the La-Chaux-de-Fonds's ICU.

"This is something we are doing basically every day at the moment. The unit is constantly full. We have no back-up."

In recent days, Switzerland’s daily case count has repeatedly surpassed 10,000, and now counts more than 200,000 cases and in excess of 2,330 deaths since the start of the pandemic.

European hospitals were being pushed to the limit by coronavirus patients. Getty Images
European hospitals were being pushed to the limit by coronavirus patients. Getty Images

In Austria, health officials warned intensive care beds could be full within two weeks.

Health Minister Rudolf Anschober said the second wave appeared “much stronger, more serious, more dynamic and more powerful”.

In Poland, the first patient has been brought into a temporary hospital built inside a football stadium in Warsaw.

The stadium, originally built for the Euro 2012 football championships, has capacity for 1,200 beds.

One doctor, Sebastian Szpak, said spare beds in his hospital “simply don't exist”.

“Our staff spend most of their time looking for spare beds in other facilities, but the answer is always the same… no spare beds,” he said.

Authorities in Norway have plunged the capital Oslo into a “social lockdown”.

All theatres, cinemas, gyms and swimming pools have been shut, while bars and restaurants are no longer permitted to serve alcohol.

Meanwhile, the World Health Organisation (WHO) has opened an investigation into the biosecurity of mink farms, after Denmark ordered a cull because of an outbreak of infections in the animals.

An expert said the species appeared to be much more susceptible to coronavirus than others.

But WHO chief scientist Soumya Swaminathan said it was too early to say whether the mutated strain found in minks could have implications for a future vaccine.

"We don't have any evidence at the moment that it would,” she said.

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.”

Du Football Champions

The fourth season of du Football Champions was launched at Gitex on Wednesday alongside the Middle East’s first sports-tech scouting platform.“du Talents”, which enables aspiring footballers to upload their profiles and highlights reels and communicate directly with coaches, is designed to extend the reach of the programme, which has already attracted more than 21,500 players in its first three years.

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Russia's Muslim Heartlands

Dominic Rubin, Oxford

Two-step truce

The UN-brokered ceasefire deal for Hodeidah will be implemented in two stages, with the first to be completed before the New Year begins, according to the Arab Coalition supporting the Yemeni government.

By midnight on December 31, the Houthi rebels will have to withdraw from the ports of Hodeidah, Ras Issa and Al Saqef, coalition officials told The National. 

The second stage will be the complete withdrawal of all pro-government forces and rebels from Hodeidah city, to be completed by midnight on January 7.

The process is to be overseen by a Redeployment Co-ordination Committee (RCC) comprising UN monitors and representatives of the government and the rebels.

The agreement also calls the deployment of UN-supervised neutral forces in the city and the establishment of humanitarian corridors to ensure distribution of aid across the country.

TEACHERS' PAY - WHAT YOU NEED TO KNOW

Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:

- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools

- average salary across curriculums and skill levels is about Dh10,000, recruiters say

- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance

- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs

- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills

- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month

- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues

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Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

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Power: 420kW

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if you go

The flights
Emirates flies to Delhi with fares starting from around Dh760 return, while Etihad fares cost about Dh783 return. From Delhi, there are connecting flights to Lucknow. 
Where to stay
It is advisable to stay in Lucknow and make a day trip to Kannauj. A stay at the Lebua Lucknow hotel, a traditional Lucknowi mansion, is recommended. Prices start from Dh300 per night (excluding taxes). 

Match info

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Hoedt (10' og), Matip (21'), Salah (45 3')

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Engine: 2.9-litre twin-turbo V6

Power: 540hp at 6,500rpm

Torque: 600Nm at 2,500rpm

Transmission: Eight-speed auto

Kerb weight: 1580kg

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Biog

Mr Kandhari is legally authorised to conduct marriages in the gurdwara

He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada

Father of two sons, grandfather of six

Plays golf once a week

Enjoys trying new holiday destinations with his wife and family

Walks for an hour every morning

Completed a Bachelor of Commerce degree in Loyola College, Chennai, India

2019 is a milestone because he completes 50 years in business

 

HOW TO WATCH

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Main camera: quad 12MP ultra-wide f/2.2, 108MP wide f/1.8, 10MP telephoto f/4.9, 10MP telephoto 2.4; Space Zoom up to 100x, auto HDR, expert RAW

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