As coronavirus outbreaks have become more threatening outside China in recent days, attention has turned to the likely damage to global output and to the possible reaction of macroeconomic policymakers. This has become urgent with the catastrophic decline in China’s PMI business surveys yesterday. The question now is whether a global recession can be avoided.
The global economy faces a demand shock focused on services and consumer spending.
The Microsoft founder noted that the virus spreads faster than Ebola and warned the situation could lead to a pandemic, killing 10 million worldwide.
Space travel company Axiom’s station will have the largest space observatory ever built, plus private modules with windows.
More than 2000 Australian suffering from advanced melanoma will soon receive financial relief with an expansion of treatments on the Pharmaceutical Benefits Scheme, federal Health Minister Greg Hunt says.
From March 1 the PBS listed Opdivo (nivolumab) will be expanded, assisting 1500 patients who might otherwise pay more than $100,000 per course of treatment without the PBS subsidy.
“Opdivo is a breakthrough immunotherapy which works by blocking proteins and helping the body’s own immune system to find, attack and destroy cancer cells,” Mr Hunt said in a statement on Sunday.
The Dutch shipbuilder Royal Huisman used an engineering process developed by the European Space Agency (ESA) for space missions in the design of the superyacht Sea Eagle II — expected to become the largest aluminum sailing yacht in the world upon delivery to its owner this Spring.
Engineering design used by the European Space Agency was used to create the largest aluminum superyacht.
Scientists think if there is life on Mars it’s likely to be hidden in deep underground caves.
This theory is supported by NASA experts and the U.S. space agency will be sending a new rover to the red planet this summer.
According to Space.com, NASA Jet Propulsion Laboratory research scientist Vlada Stamenković explained the Martian underground life theory at a recent space event.
Hitting the Books: How getting your clock cleaned can turn your brain’s first line of immune defense into its own worst enemy.
Regeneron will work with the U.S. government to develop antibody treatments for the new coronavirus from China, disclosing Tuesday an expansion of a partnership that previously yielded an experimental drug cocktail for the Ebola virus.
The Tarrytown, New York-based biotech is one of roughly a dozen drugmakers now working on treatments for the coronavirus that emerged late last year in Wuhan, China. Most are smaller companies unlikely to possess sufficient funds to run large-scale tests, although Johnson & Johnson and Gilead have announced initial efforts in recent weeks.
The biotech hopes to replicate its past success in quickly advancing a treatment for Ebola. But, as that experience showed, proving a new antiviral isn’t easy.
