Protesters took to the streets of Cuba on Sunday in a rare outburst of social unrest as a fresh wave of blackouts exacerbated tensions on the cash-strapped island. Social media posts showed crowds of people in Santiago de Cuba, the second-largest city on the eastern part of the island, chanting “corriente y comida” — power … Read more
For much of the past two years, the US economy’s extraordinary resilience has revolved around demand for services. That’s been a zombie narrative that’s refused to die a tidy death — perhaps until now. Despite a cooling in some services spending in early 2023, the category caught a second wind thanks, in part, to Taylor … Read more
In a recent study posted to bioRxiv preprint* server, researchers observed that the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) XBB.1.5 monovalent vaccine booster induces robust neutralizing antibodies (nAbs) against emergent variants. SARS-CoV-2 Omicron XBB sub-variants have reduced the effectiveness of current vaccines, leading to the authorization of monovalent XBB.1.5 vaccines. While preliminary evidence suggests that … Read more
The Eastern Caribbean Central Bank is celebrating 40 years since its founding. What do you view as the main benefits of the Eastern Caribbean Currency Union? The main benefit, without a doubt, is relatively low inflation over an extended period. Since 1976, we have pegged US$1 to EC$2.7. Our inflation is largely imported and typically … Read more
In a recent study published in the journal Pediatrics, researchers from California evaluated the burden of residual cardiovascular pathology after about six months of treatment for multisystem inflammatory syndrome in children (MIS-C). The tests performed during the follow-up included cardiac magnetic resonance (CMR) imaging, cardiopulmonary exercise testing (CPET), and ambulatory rhythm monitoring. The researchers found … Read more
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“Modern money is backed by a series of institutions, mostly housed in central banks. Its value rests on confidence. The value of money requires not just the belief of the public at a point in time but, critically, the consent of the public at all times … When it comes to money, the consent and … Read more
In a recent study published in Nature, researchers analyze the extent, pathways, and risk factors of in-hospital severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) transmission in England. The broader implications of these events for community transmission dynamics and hospital infrastructure optimization were also examined. Study: The burden and dynamics of hospital-acquired SARS-CoV-2 in England. Image Credit: … Read more
The US dollar will remain the dominant currency in Zimbabwe even after the government’s December 2025 deadline to stop its use in the economy, the country’s largest independent asset manager said. Imara Asset Management, which oversees more than $100 million, said the dollarization of the economy is actually accelerating since authorities curbed the local currency’s … Read more
A century ago, pediatricians began prescribing for children with intractable seizures the “keto diet,” which they also used to treat diabetes in children and adults. The low- carbohydrate, high-fat meals were designed to induce a near hypoglycemic state, forcing the body to use ketones for fuel instead of glucose. The strategy fell out of favor … Read more