People queue at a walk-in Covd-19 testing centre in Berlin as infections and deaths surge. Reuters.
People queue at a walk-in Covd-19 testing centre in Berlin as infections and deaths surge. Reuters.
People queue at a walk-in Covd-19 testing centre in Berlin as infections and deaths surge. Reuters.
People queue at a walk-in Covd-19 testing centre in Berlin as infections and deaths surge. Reuters.

Merkel plans mega-lockdown as Germany suffers record Covid deaths


Neil Murphy
  • English
  • Arabic

Germany recorded a record number of deaths from the coronavirus on Thursday, prompting calls for an even tighter lockdown after the country emerged relatively unscathed in 2020.

Chancellor Angela Merkel wanted a "mega-lockdown", shutting down the country almost completely for fear of the fast-spreading variant of the virus first detected in Britain, Bild newspaper reported.

She was considering shutting down local and long-distance public transport, although that had not yet been decided.

German Chancellor Angela Merkel is planning a 'mega-lockdown' amid a surge in coronavirus deaths. AFP.
German Chancellor Angela Merkel is planning a 'mega-lockdown' amid a surge in coronavirus deaths. AFP.

At a meeting of top officials from her party on Thursday, Mrs Merkel called for "very fast action" against the spread of virus mutations, participants told Reuters.

She also wanted to bring forward a meeting with regional leaders planned for January 25.

While Germany's total deaths per capita since the pandemic began are far lower than the US, its daily per capita mortality since mid-December has often exceeded America's.

Germany's daily death toll currently equates to about 15 deaths for every million people, compared with 13 in the US.

The Robert Koch Institute reported 25,164 new coronavirus cases and 1,244 fatalities, bringing Germany's total death toll since the start of the pandemic to 43,881.

In response to the Covid-19 crisis, ruling parties in the eastern state of Thuringia said they were postponing a regional election due for April 25 until September 26, the same day as this year's federal election.

Germany initially managed the pandemic better than its neighbours with a strict lockdown last spring.

But it recorded a sharp rise in cases and deaths in recent months, and the institute said people were not taking the virus seriously enough.

Its president, Lothar Wieler, said on Thursday that restrictions were not being implemented as consistently as they were during the first wave.

Mr Wieler said more people should work from home and the current lockdown needed to be tightened further.

Germany introduced a partial lockdown in November that kept shops and schools open.

But it tightened the rules in mid-December, closing non-essential shops, and children have not returned to classrooms since the Christmas holidays.

Hospitals in 10 of Germany's 16 states were facing bottlenecks because 85 per cent of intensive-care unit beds were occupied by coronavirus patients, Mr Wieler said.

So far only about 1 per cent of the German population, or 842,455 people, has been vaccinated, the institute reported.

Germany has recorded 16 cases of people with the fast-spreading variant of the virus first detected in Britain, and four with the mutant strain from South Africa, Mr Wieler said.

He urged people who were offered a Covid-19 vaccination to accept it.

"At the end of the year we will have this pandemic under control," Mr Wieler said.

THE BIO

Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.

Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.

Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.

Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.

 

 

Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
Company%C2%A0profile
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BRIEF SCORES

England 228-7, 50 overs
N Sciver 51; J Goswami 3-23

India 219, 48.4 overs
P Raut 86, H Kaur 51; A Shrubsole 6-46

England won by nine runs

UAE%20Warriors%2045%20Results
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FULL%20FIGHT%20CARD
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MATCH INFO

FA Cup final

Chelsea 1
Hazard (22' pen)

Manchester United 0

Man of the match: Eden Hazard (Chelsea)

Walls

Louis Tomlinson

3 out of 5 stars

(Syco Music/Arista Records)

Married Malala

Malala Yousafzai is enjoying married life, her father said.

The 24-year-old married Pakistan cricket executive Asser Malik last year in a small ceremony in the UK.

Ziauddin Yousafzai told The National his daughter was ‘very happy’ with her husband.

Australia men's Test cricket fixtures 2021/22

One-off Test v Afghanistan:
Nov 27-Dec 1: Blundstone Arena, Hobart

The Ashes v England:
Dec 8-12: 1st Test, Gabba, Brisbane
Dec 16-20: 2nd Test, Adelaide Oval, Adelaide (day/night)
Dec 26-30: 3rd Test, Melbourne Cricket Ground, Melbourne
Jan 5-9, 2022: 4th Test, Sydney Cricket Ground, Sydney
Jan 14-18: 5th Test, Optus Stadium, Perth

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.”

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Washmen Profile

Date Started: May 2015

Founders: Rami Shaar and Jad Halaoui

Based: Dubai, UAE

Sector: Laundry

Employees: 170

Funding: about $8m

Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures

J%20Street%20Polling%20Results
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Ziina users can donate to relief efforts in Beirut

Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”

Charlotte Gainsbourg

Rest

(Because Music)

Dubai Creek Open in numbers
  • The Dubai Creek Open is the 10th tournament on this year's Mena Tour
  • It is the first of five events before the season-concluding Mena Tour Championship
  • This week's field comprises 120 players, 21 of which are amateurs
  • 15 previous Mena Tour winners are competing at Dubai Creek Golf and Yacht Club  
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