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The US  has announced a $122 million fund for India to prevent epidemics that could have been avoided

The US has announced a USD 122 million grant to the top three Indian medical research institutes to prevent preventable epidemics, detect disease risks early, and respond quickly and effectively. The entire funding of USD 122,475,000 will be allocated over five years to the three leading Indian health research institutes: the Indian Council of Medical Research (ICMR), the National Institute of Virology (NIV), and the National Institute of Epidemiology (NIE). The fund, which was announced on Wednesday by the Centers for Disease Control and Prevention (CDC), would expedite progress toward…

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5 Things to Watch for in Global Markets in 2020

By Ritu,      Capital Sands   1. No end in sight to the U.S.-China struggle for supremacy The trade war between the U.S. and China, which hobbled the world economy almost single-handedly in 2019 is likely to leave deep marks on 2020 too. The International Monetary Fund estimated in October that the tariffs imposed by both sides, and the far-reaching uncertainty they have caused, will shave $700 billion of value off the world economy next year, the equivalent of 0.8% of global gross domestic product. Election to cast a…

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