Flooding tests China’s crisis capabilities

Significance On the heels of the COVID-19 pandemic and a serious economic downturn exacerbated by trade frictions with the United States, the flooding poses yet another crisis for Beijing. Impacts There is no compelling immediate evidence to support claims that the Three Gorges Dam or major flood-control infrastructure could collapse. The economic damage from flooding will be significant, but far less than that caused by the COVID-19 pandemic. Climate change need not mean deadlier inland floods, particularly if flood-control and emergency response systems continue to improve.

Significance The USMCA represents continuity with NAFTA in most sectors, but introduces new rules governing the automotive trade, a key industry for Mexico’s economy. The challenges of USMCA implementation come on top of a severe economic downturn due to the COVID-19 pandemic. Impacts The USMCA provides some commercial certainty for investors in Mexico, in a context of political and health risks. The new rules bring opportunities for new auto investment in Mexico, but these may come at the expense of higher overall production costs. The agreement’s immediate impact will depend on the pace of economic recovery in Mexico and the United States.


Significance US-China trade frictions, centring chiefly on disagreements over technology, intellectual property and the bilateral trade balance, are causing international market uncertainty. One US response to concerns about trading with China has been to expand the remit of the Committee on Foreign Investment in the United States (CFIUS), which evaluates investments into the United States from abroad. Impacts CFIUS expansion has bipartisan support and will continue regardless of the winner of the 2020 presidential election. The CFIUS intervened when a Chinese firm bought a US dating app, perhaps a precedent for seemingly non-security related investments. The CFIUS does not cover non-acquiring business partnerships or joint ventures, but general political pressure could curtail these.


2017 ◽  
Vol 5 (29) ◽  
Author(s):  
Yuki Teru ◽  
Jun-ichi Hikima ◽  
Tomoya Kono ◽  
Masahiro Sakai ◽  
Tomokazu Takano ◽  
...  

ABSTRACT Photobacterium damselae subsp. piscicida is a causative bacterium of fish pasteurellosis, which has caused serious economic damage to aquaculture farms worldwide. Here, the whole-genome sequence of P. damselae subsp. piscicida 91-197, isolated in the United States, suggests that this genome consists of two chromosomes and two plasmids.


2013 ◽  
Vol 7 (4) ◽  
pp. 433-438 ◽  
Author(s):  
Mazen J. El Sayed

AbstractThe emergency response to mass casualty incidents in Lebanon lacks uniformity. Three recent large-scale incidents have challenged the existing emergency response process and have raised the need to improve and develop incident management for better resilience in times of crisis. We describe some simple emergency management principles that are currently applied in the United States. These principles can be easily adopted by Lebanon and other developing countries to standardize and improve their emergency response systems using existing infrastructure. (Disaster Med Public Health Preparedness. 2013;0:1–6)


Subject Advanced world corporate debt risks. Significance Expansionary fiscal and monetary policies have boosted economic activity in the United States, Japan, Germany, United Kingdom and France since the global financial crisis, and corporate profits have grown faster than real GDP in all five. In Germany, Japan and the United Kingdom, profits have outgrown the outstanding debts held by financial corporations. This is not the case in the United States or France, where corporate debt risks are piling up. Impacts If credit conditions deteriorate or there is an economic downturn, France will have the largest number of highly indebted companies at risk. France’s high corporate debt exposure may prompt the authorities to raise further the counter-cyclical capital buffers banks must hold. Surging leveraged loans and share buybacks are fuelling speculative-grade US corporate bond activity, threatening financial stability. Risks are intensified in specific segments, but the subprime crisis shows that even limited specific risks can threaten overall stability.


Significance The region has some of the world’s busiest ports and sea lanes, which play a key role in global trade. Impacts High rates of piracy incidents will increase insurance rates for ships passing through South-east Asia. Growing tensions in the South China Sea will complicate state responses to piracy. Major powers such as the United States and Japan will increase capacity-building support for regional navies and coast guards.


2018 ◽  
Vol 2018 (6) ◽  
pp. 3-12
Author(s):  
Zhang DONGYANG ◽  

The status and prospects of development of trade and economic relations between Ukraine and China are considered. It is proved that bilateral cooperation in the trade and economic sphere has made significant progress. In 2012–2017, China was the second largest trading partner of Ukraine after Russia. However, the problem of imbalance in imports and exports between Ukraine and China has not yet been resolved. In addition, the scale and number of projects in which Ukraine attracts Chinese investment is much less than investments from European countries and the United States. It is justified that trade and economic cooperation between Ukraine and China is at a new historical stage. On the one hand, Ukraine signed the Association Agreement with the European Union, and on January 1, 2016, the rules of the free trade zone between Ukraine and the EU entered into force. This helps to accelerate the integration of Ukrainian economy into European one. On the other hand, the global economic downturn requires the introduction of innovations in the model of cooperation. The Chinese initiative “One belt is one way” is one of the variants of the innovation model of cooperation. Its significance is to unite the Asia-Pacific region with the EU in order to join the Eurasian Economic Union, create a new space and opportunities for development and achieve prosperity with the Eurasian countries. All this forms unprecedented opportunities for development of bilateral economic and trade relations. It seems that to fully open the potential of Ukrainian economy and expand bilateral trade and economic cooperation, it is necessary to take into account such proposals as the establishment of the Sino-Ukrainian industrial park, the promotion of cooperation in the field of electronic commerce, the formation of the Sino-Ukrainian free trade zone and enhanced interaction within multilateral mechanisms (for example, the Shanghai Cooperation Organization and the interaction of China and the countries of Central and Eastern Europe in the 16 + 1 format).


2021 ◽  
Vol 12 (1) ◽  
Author(s):  
Benjamin H. Strauss ◽  
Philip M. Orton ◽  
Klaus Bittermann ◽  
Maya K. Buchanan ◽  
Daniel M. Gilford ◽  
...  

AbstractIn 2012, Hurricane Sandy hit the East Coast of the United States, creating widespread coastal flooding and over $60 billion in reported economic damage. The potential influence of climate change on the storm itself has been debated, but sea level rise driven by anthropogenic climate change more clearly contributed to damages. To quantify this effect, here we simulate water levels and damage both as they occurred and as they would have occurred across a range of lower sea levels corresponding to different estimates of attributable sea level rise. We find that approximately $8.1B ($4.7B–$14.0B, 5th–95th percentiles) of Sandy’s damages are attributable to climate-mediated anthropogenic sea level rise, as is extension of the flood area to affect 71 (40–131) thousand additional people. The same general approach demonstrated here may be applied to impact assessments for other past and future coastal storms.


2017 ◽  
Vol 61 (4) ◽  
Author(s):  
Michael J. Satlin ◽  
Liang Chen ◽  
Gopi Patel ◽  
Angela Gomez-Simmonds ◽  
Gregory Weston ◽  
...  

ABSTRACT Although the New York/New Jersey (NY/NJ) area is an epicenter for carbapenem-resistant Enterobacteriaceae (CRE), there are few multicenter studies of CRE from this region. We characterized patients with CRE bacteremia in 2013 at eight NY/NJ medical centers and determined the prevalence of carbapenem resistance among Enterobacteriaceae bloodstream isolates and CRE resistance mechanisms, genetic backgrounds, capsular types (cps), and antimicrobial susceptibilities. Of 121 patients with CRE bacteremia, 50% had cancer or had undergone transplantation. The prevalences of carbapenem resistance among Klebsiella pneumoniae, Enterobacter spp., and Escherichia coli bacteremias were 9.7%, 2.2%, and 0.1%, respectively. Ninety percent of CRE were K. pneumoniae and 92% produced K. pneumoniae carbapenemase (KPC-3, 48%; KPC-2, 44%). Two CRE produced NDM-1 and OXA-48 carbapenemases. Sequence type 258 (ST258) predominated among KPC-producing K. pneumoniae (KPC-Kp). The wzi154 allele, corresponding to cps-2, was present in 93% of KPC-3-Kp, whereas KPC-2-Kp had greater cps diversity. Ninety-nine percent of CRE were ceftazidime-avibactam (CAZ-AVI)-susceptible, although 42% of KPC-3-Kp had an CAZ-AVI MIC of ≥4/4 μg/ml. There was a median of 47 h from bacteremia onset until active antimicrobial therapy, 38% of patients had septic shock, and 49% died within 30 days. KPC-3-Kp bacteremia (adjusted odds ratio [aOR], 2.58; P = 0.045), cancer (aOR, 3.61, P = 0.01), and bacteremia onset in the intensive care unit (aOR, 3.79; P = 0.03) were independently associated with mortality. Active empirical therapy and combination therapy were not associated with survival. Despite a decade of experience with CRE, patients with CRE bacteremia have protracted delays in appropriate therapies and high mortality rates, highlighting the need for rapid diagnostics and evaluation of new therapeutics.


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