(Cecilia Fabiano/LaPresse/The Associated Press - image credit) Health Canada's approval of the Oxford-AstraZeneca and the Serum Institute of India's version to prevent COVID-19 in adults follows similar green lights from regulators in the United Kingdom, Europe Union, Mexico and India. The Oxford-AstraZeneca vaccine, called ChAdOx1, was approved for use in Canada on Friday following clinical trials in the United Kingdom and Brazil that showed a 62.1 per cent efficacy in reducing symptomatic cases of COVID-19 cases among those given the vaccine. Experts have said any vaccine with an efficacy rate of over 50 per cent could help stop outbreaks. Dr. Supriya Sharma, Health Canada's chief medical adviser, said the key number across all of the clinical trials for those who received AstraZeneca's product was zero — no deaths, no hospitalizations for serious COVID-19 and no deaths because of an adverse effect of the vaccine. "I think Canada is hungry for vaccines," Sharma said in a briefing. "We're putting more on the buffet table to be used." Specifically, 64 of 5,258 in the vaccination group got COVID-19 with symptoms compared with people in the control group given injections (154 of 5,210 got COVID-19 with symptoms). Dr. Susy Hota, medical director of infection prevention and control at Toronto's University Health Network, called it a positive move to have AstraZeneca's vaccines added to Canada's options. "Even though the final efficacy of the AstraZeneca vaccine appears lower than what we have with the mRNA vaccines, it's still reasonably good," Hota said. "What we need to be focusing on is trying to get as many people as possible vaccinated so we can prevent the harms from this." Canada has an agreement with AstraZeneca to buy 20 million doses as well as between 1.9 million and 3.2 million doses through the global vaccine-sharing initiative known as COVAX. WATCH | AstraZeneca vaccine safety: Canada will also receive 2 million doses of AstraZeneca's COVID-19 vaccine manufactured by the Serum Institute of India, the government announced Friday. Here's a look at some common questions about the vaccine, how it works, in whom and how it could be rolled out. What's different about this shot? The Oxford-AstraZeneca is cheaper and easier to handle than the mRNA vaccines from Pfizer-BioNTech and Moderna, which need to be stored at ultracold temperatures to protect the fragile genetic material. AstraZeneca says its vaccine can be stored, transported and handled at normal refrigerated conditions (2 to 8 C) for at least six months. (Moderna's product can be stored at refrigeration temperatures for 30 days after thawing.) The ease of handling could make it easier to administer AstraZeneca's vaccine in rural and remote areas of Canada and the world. "There are definitely some advantages to having multiple vaccine candidates available to get to as many Canadians as possible," Hota said. Sharma said while the product monograph notes that evidence for people over age 65 is limited, real-world data from countries already using AstraZeneca's vaccine suggest it is safe and effective among older age groups. "We have real-world evidence from Scotland and the U.K. for people that have been dosed that would have been over 80 and that has shown significant drop in hospitalizations to the tune of 84 per cent," Sharma said. Data from clinical trials is more limited compared with in real-world settings that reflect people from different age groups, medical conditions and other factors. How does it work? Vaccines work by training our immune system to recognize an invader. The first two vaccines to protect against COVID-19 that were approved for use in Canada deliver RNA that encodes the spike protein on the surface of the pandemic coronavirus. Health-care workers Diego Feitosa Ferreira, right, and Clemilton Lopes de Oliveira travel on a boat in the state of Amazonas in Brazil, on Feb. 12, to vaccinate residents with the Oxford-AstraZeneca COVID-19 vaccine. The product can be stored at refrigeration temperatures, which facilitates its use in remote areas. In contrast, the AstraZeneca vaccine packs the genetic information for the spike protein in the shell of a virus that causes the common cold in chimpanzees. Vaccine makers altered the adenovirus so it can't grow in humans. Viral vector vaccines mimic viral infection more closely than some other kinds of vaccines. One disadvantage of viral vectors is that if a person has immunity toward a particular vector, the vaccine won't work as well. But people are unlikely to have been exposed to a chimpanzee adenovirus. How and where could it be used? Virologist Eric Arts at Western University in London, Ont., said vaccines from Oxford-AstraZeneca, Johnson & Johnson, which is also under review by Health Canada, and Russian Sputnik-V vaccines all have some similarities. "I do like the fact that AstraZeneca has decided to continue trials, to work with the Russians on the Sputnik-V vaccine combination," said Arts, who holds the Canada Research Chair in HIV pathogenesis and viral control. Boxes with AstraZeneca's COVID-19 vaccine are pictured at St. Mary's Hospital in Dublin, Ireland. Health Canada says the vaccine is given by two separate injections of 0.5 millilitres each into the muscle of the arm. "The reason why I'm encouraged by it is I think there might be greater opportunity to administer those vaccines in low- to middle-income countries. We need that. I think our high-income countries have somewhat ignored the situation that is more significant globally." Researchers reported on Feb. 2 in the journal Lancet that in a Phase 3 clinical trial involving about 20,000 people in Russia, the two-dose Sputnik-V vaccine was about 91 per cent effective and appears to prevent inoculated individuals from becoming severely ill with COVID-19. There were 16 COVID-19 cases in the vaccine group (0.1 per cent or 16/14,964) and 62 cases (1.3 per cent or [62/4,902 ) in the control group. No serious adverse events were associated with vaccination. Most adverse events were mild, such as flu-like symptoms, pain at injection site and weakness or low energy. An analysis of results from 2,000 adults older than 60 years suggested the vaccine was similarly effective and well tolerated in this age group. Arts and other scientists acknowledged the speed and lack of transparency of the Russian vaccination program. But British scientists Ian Jones and Polly Roy wrote in an accompanying commentary that the results are clear and add another vaccine option to reduce the incidence of COVID-19.
DUBAI, United Arab Emirates — Two U.S. Navy warships operating in the Mideast have been struck by coronavirus outbreaks, authorities said Friday, with both returning to port in Bahrain. A dozen troops aboard the USS San Diego, an amphibious transport dock, tested positive for COVID-19, said Cmdr. Rebecca Rebarich, a spokeswoman for the Bahrain-based 5th Fleet. The guided-missile cruiser USS Philippine Sea also has “confirmed several cases of COVID-19," she said. “All positive cases have been isolated on board, and the (ships) remains in a restricted COVID bubble,” Rebarich told The Associated Press. “The port visit and medical support have been co-ordinated with the host nation government and Bahrain Ministry of Health.” The San Diego sails with nearly 600 sailors and Marines aboard, while the Philippine Sea carries some 380 sailors. The 5th Fleet patrols the waterways of the Mideast. Its vessels often have tense encounters with Iran in the Persian Gulf and the Strait of Hormuz, the narrow mouth of the Gulf through which 20% of all oil traded worldwide passes. The Navy’s largest outbreak so far in the pandemic was aboard the aircraft carrier USS Theodore Roosevelt, which had to be sidelined in Guam for nearly two months last year. More than 1,000 sailors tested positive and one died. Eventually all of the 4,800 crew members were sent ashore in Guam for weeks of quarantine, in a systematic progression that kept enough sailors on the ship to keep it secure and running. The failure of the ship’s leaders to properly handle the outbreak exploded into one of the biggest military leadership crises in recent years. The ship’s captain, who pleaded for faster action to protect his crew from the rapidly spreading virus, was fired and the one-star admiral on the ship had his promotion delayed. Earlier this month, three sailors tested positive as the aircraft carrier was conducting operations in the Pacific. The sailors and those exposed to them were isolated, and the Navy said it is “following an aggressive mitigation strategy,” including masks, social distancing, and proper handwashing and hygiene measures. Jon Gambrell, The Associated Press
NYON, Switzerland — Draw Friday for the last 16 in the Europa League: First Leg March 11 Ajax (Netherlands) vs. Young Boys (Switzerland) Dynamo Kyiv (Ukraine) vs. Villarreal (Spain) Roma (Italy) vs. Shakhtar Donetsk (Ukraine) Olympiakos (Greece) vs. Arsenal (England) Dinamo Zagreb (Croatia) vs. Tottenham (England) Manchester United (England) vs. AC Milan (Italy) Slavia Prague (Czech Republic) vs. Rangers (Scotland) Granada (Spain) vs. Molde (Norway) ___ Second Leg March 18 Young Boys (Switzerland) vs. Ajax (Netherlands) Villarreal (Spain) vs. Dynamo Kyiv (Ukraine) Shakhtar Donetsk (Ukraine) vs. Roma (Italy) Arsenal (England) vs. Olympiakos (Greece) Tottenham (England) vs. Dinamo Zagreb (Croatia) AC Milan (Italy) vs. Manchester United (England) Rangers (Scotland) vs. Slavia Prague (Czech Republic) Molde (Norway) vs. Granada (Spain) ___ More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports The Associated Press
(Paul Taillon/Office of the Premier - image credit) This column is an opinion from Graham Thomson, an award-winning journalist who has covered Alberta politics for more than 30 years. Before delivering the new provincial budget Thursday, Alberta Finance Minister Travis Toews bought himself new cowboy boots. A pair of ballet shoes would have been more appropriate. Toews's budget does a lot of dancing, much of it on eggshells. This is a budget that is afraid of suffering another embarrassing pratfall like the one performed last year when Toews tabled an overly optimistic budget in February that predicted solid economic growth, higher employment and a balanced budget by 2023 — and was quickly rendered obsolete with the arrival of the COVID-19 pandemic. "When I was actually presenting the budget, it felt like Rome was burning behind me," said a slightly traumatized Toews at the time. This year's budget might be entitled, "Protecting lives and livelihoods" but, "Once burned, twice shy" would work, too. It's a conservative document, not in terms of spending and deficits, but in terms of predictions. The budget uses the word "uncertainty" so often it's like a nervous twitch, as in, "A great deal of uncertainty remains about vaccination roll-outs and the speed and breadth of global economic recovery." WATCH | Finance minister, Opposition leader discuss 2021 budget: "Uncertainty" is the word of the day. And it's going to be the word of the year as we continue to muddle through the minefield that is COVID 2021. The government learned an important lesson last year: don't raise expectations. Toews's economic outlook this year includes an $18 billion deficit, in addition to last year's $20 billion shortfall caused in part by a price of oil that went negative at one point. The accumulated debt will hit $115 billion this year and reach an astronomical $132 billion in two years. That's not including the $1.3 billion at risk in the Keystone XL pipeline gamble. The debt is climbing so high, so fast, the government is starting to couch the debt in terms of its relationship to the total provincial economy. This is called the net-debt-to-GDP ratio and it's a term beloved by pernickety economists — and by politicians trying to mask the size of their government's record debt. Right now Alberta's ratio is 24.5 per cent, which is pretty good compared to Ontario, for example, at 50 per cent. But just two years ago, our ratio was 11 per cent. Yes, there are few encouraging numbers in this budget. The government is spending four per cent more on health care and is setting up a $1.25-billion contingency fund to fight the pandemic. Premier Kenney is not slashing spending or cutting services as he seemed to suggest much of last year with his warning of a "fiscal reckoning" to come. Alberta Premier Jason Kenney promised there would be no new taxes in the budget. This is not a fiscal-reckoning budget or even an austerity budget. It is not the fiscal plan of a self-assured government. This is the keep-your-head-down-budget of a government under siege from COVID-19 and an unhappy public that seems to be increasingly dissatisfied with the UCP. The fiscal outlook is so uncertain that Toews doesn't even pretend to have a plan to balance the budget, unlike last year when he confidently predicted no more deficits starting in 2022, right before he felt the flames of COVID setting his prognostications on fire. 'Right-sizing' But if Toews is not outright slashing, he is planning to do some whittling and that has public-sector unions nervous. "One area where we can no longer delay is addressing a public -ector salary structure in Alberta that has for decades been an outlier compared to other provinces," said Toews, who has previously warned unions that if they don't accept concessions, they'll face more job cuts. Toews calls this "right-sizing" public-sector compensation, a term sure to infuriate workers and do nothing to quell labour unrest. "Perhaps if governments had shown more restraint in previous years, we would not have had to confront this issue," added Toews, who might be taking a jab at the former NDP government but really should be aiming at a succession of previous Conservative governments. True to form, Toews also pointed the finger of blame at the federal Liberal government: "The biggest obstacle to recovery may be our own national government, which has layered on regulatory requirements, created investment uncertainty, chased away the investment that maintains family-supporting jobs, and is now increasing the costs for our most vital national economic drivers." What the Kenney government tends to gloss over is that after the pandemic hit, most of the financial aid delivered to beleaguered Albertans came from Ottawa. Not only did the federal government deliver $11 billion in direct transfers to the Alberta treasury last year, it sent an additional $23 billion to individual Albertans and businesses via programs such as the Canada Emergency Response Benefit and the Canada Emergency Wage Subsidy. Albertans are no doubt relieved that, as Kenney promised, there are no new taxes in the budget. But you have to wonder if that's just a matter of time. The pandemic might have forced the government into spending record amounts of money but our fiscal problems didn't begin and end there. COVID's rampage through our economy demonstrated once again how over-reliant we are on the capricious price of fossil fuels. There will be a "fiscal reckoning" in our future, sooner or later.
Les statues grecques, les guerres napoléoniennes et l’avènement de la photographie ont tous joué un rôle dans l’obsession des hommes pour des abdominaux parfaits.
En l’absence d’activités organisées par les organismes et municipalités, que pourront faire les familles de la Haute-Côte-Nord pendant la semaine de relâche du 1erau 5 mars? Gino Jean, enseignant en éducation physique à l’école St-Luc ainsi qu’au Cégep de Forestville et impliqué dans le sport jeunesse, a quelques suggestions. 1. Soyez créatifs! La pandémie apporte son lot de conséquences, mais Gino Jean rappelle qu’on peut y trouver du positif. « La crise que l’on vit présentement nous permet de passer plus de temps en famille. Il faut profiter de la relâche pour créer des jeux avec nos enfants et laisser aller notre imagination. Construire un fort, aménager une glissade dans la cour ou partir à la recherche des plus belles buttes…» 2. Du plein air, 1 heure par jour, sans cellulaire. L’enseignant est un fervent du plein air hivernal. Il conseille à ses élèves et à leurs parents de prendre l’air au moins une heure par jour. « Même si tu ne fais pas d’activité précise, tu peux t’asseoir et lire un livre, si tu veux, mais au moins tu respireras l’air frais. Et surtout, laissez le cellulaire dans la maison, sinon on est tenté de le regarder », soutient-il. 3. Apprendre les rudiments de la survie en forêt. « Une belle activité à laquelle toute la famille trouvera son compte est sans aucun doute la marche en forêt pour apprendre quelques notions de survie. Faire une cabane en sapin, amasser du bois pour faire un feu, tant les adolescents que les plus jeunes seront amusés. La famille passera du bon temps à l’extérieur », suggère M. Jean qui a déjà fait cette activité avec son fil Clovis. 4. Randonnée en ski de fond. Le ski de fond est très accessible en Haute-Côte-Nord. « Plus particulièrement à Forestville, il est possible d’effectuer une randonnée de 1,2 kilomètre du stationnement du club de ski de fond au relais. On peut apporter une petite collation, se faire un feu pour se réchauffer et ce sera un bel avant-midi ou après-midi en famille », affirme l’amateur de ce sport d’hiver, précisant qu’il peut prêter des paires de skis aux enfants de l’école St-Luc. 5. Essayer le fatbike. Le vélo à pneus surdimensionnés (fatbike) est de plus en plus populaire partout au Québec. Gino Jean conseille les familles de l’essayer, surtout qu’une nouvelle piste est ouverte au golf Le Méandre à Forestville. « La Municipalité de Portneuf-sur-Mer en a deux à prêter pour les intéressés », dévoile-t-il. 6. Profiter des sentiers de raquettes. « Partout en Haute-Côte-Nord la forêt est à proximité, rappelle l’enseignant. Pourquoi ne pas en profiter pour sortir nos raquettes et partir en randonnée familiale? À Forestville, un magnifique sentier se rend au lac Forest et offre une merveilleuse vue. Le club de ski de fond offre également des pistes pour faire de la raquette. » 7. Marcher dans les rues. « Une simple marche dans les rues de notre municipalité peut être une belle activité parents-enfants. Certains trottoirs sont même déblayés pour les marcheurs. En plus, la température sera de notre côté pendant cette semaine de repos, selon les prévisions météos », de mentionner le papa de trois enfants. 8. L’important, c’est de lâcher les écrans et de se relâcher. Finalement, comme l’indique M. Jean, l’important est de reposer son cerveau et de relâcher de tout. « Et surtout de lâcher les écrans, que ce soit les cellulaires, les tablettes, les jeux vidéos, la télévision. Oui, un film un soir ça peut être bien, mais ne pas passer nos journées collé là-dessus », conclut-il. Johannie Gaudreault, Initiative de journalisme local, Journal Haute-Côte-Nord
(Dave Croft/CBC - image credit) Murray Lundberg spends an awful lot of time peering into the past, but this week he's pretty excited about the future — he's going to turn his passion project into a book. The Whitehorse-based amateur historian has just signed a contract with a publisher to translate his popular Yukon History & Abandoned Places Facebook group into print. "I am so pumped by this whole thing. Yeah, it's awesome," he said. Lundberg says he was called out of the blue earlier this week by small, Nova Scotia-based publisher MacIntyre Purcell. The company published 10 to 12 books per year, and many of them focus on photography and local histories — Old Winnipeg: A History in Pictures and Abandoned Alberta are among the titles in its catalogue. "They came to me. Yeah, this is — I didn't know that ever happened. I mean, like most writers, I have a substantial stack of rejection letters," Lundberg laughed. "So to have a publisher come to me was pretty amazing." Vernon Oickle, managing editor of MacIntyre Purcell, says he came across the Facebook group not long ago while surfing the internet, looking for new book ideas. He says he followed various online rabbit holes until he landed on Lundberg's group. "It's a fantastic page, lots of wonderful photos, and historic perspective of Whitehorse and the region," Oickle said. "The more I looked at the Facebook page, I thought, jeez, there's potential for a book there." Lundberg says he signed the contract on Wednesday, and the book will likely be out by the end of next year. A wealth of material Now the real hard part begins — sifting through hundreds and hundreds of photos and other posts to figure out what to include in the book, and how to organize it all. The Facebook group is a veritable trove of historic photos and stories about the Yukon of yesteryear. Some postings are things that Lundberg himself has found or had given to him, but many more have been shared by other group members. A typical post on the Yukon History & Abandoned Places Facebook group. It's become an online go-to for many people curious about something they've found or dug out of storage. Posts can generate plenty of discussion, and sometimes mysteries are solved when other group members recognize an unidentified person, place, or time. Lundberg started the page just seven years ago, "because there was really no place to talk about Yukon history in general," he said. "At that point, there was a Dawson history group and maybe that was it, actually. So I started a Yukon-wide one." He says it "staggered along" for a few years with a few hundred members. He recalls thinking how great it would be to one day reach 1,500 members. "And now we have 15,400 members. And yeah, it's just an amazing place for gathering photographs and stories. It's just a really vibrant community now." Lundberg will be sifting through hundreds and hundreds of fascinating photos and other posts to figure out what to include in the book, and how to organize it all. Lundberg says the enthusiasm of group members is part of what attracted publisher MacIntyre Purcell to the project. Many of the online group members are Yukoners, of course, but Lundberg says there are followers from all over the place. "A lot of that comes down to the fact that people say that you can leave the Yukon, but the Yukon never leaves you," he said. "And we get so many comments by people who have left the territory and are looking to grab at little memories from the Yukon. And those photographs trigger exactly that." Lundberg says many of the page's fans are Yukoners, while others have some nostalgic connection to the territory. 'You can leave the Yukon, but the Yukon never leaves you,' Lundberg says. One thing the book won't be, Lundberg says, is another celebration of the Klondike Gold Rush or the building of the Alaska Highway during the Second World War. Those events have been the twin pillars of so much Yukon popular history over the years, and Lundberg wants to shine a light on some lesser-known times, places and events in the territory's past. The Gold Rush "won't be getting a whole lot of attention," nor will the building of the highway. "I have 117 books about the Alaska Highway in my own collection. So, you know, I think that's been well-covered," he said.
The tattoo industry, like many others, have been hit hard during COVID. Obviously not being an essential service, the pandemic has shutdown thousands of tattooers’ livelihoods. Tattooing has grown to become a $3 billion industry worldwide, with 38% of Canadians having at least one tattoo. Revenue growth for the Tattoo Artists industry is expected to decline 9.5% as a result of the pandemic and overall economic downturn. All tattooers have been forced to close up shop during the lockdowns as their work requires close contact and sitting with people for prolonged periods. Sjeli Pearse, a local tattoo artist who is currently living and working in Toronto, shares her experience with SaultOnline as she is currently closing up her studio. “We recently made the hard decision to let go of our location,” Pearse shares that for more than half of her lease she has not been able to work in her rented space due to the pandemic, “it’s hit the community really hard in Toronto especially because the lockdowns have been so much longer.” “At this point we really can’t trust that we will open, or that we will be allowed to stay open, or that clients will even have money to get tattooed.” Although the tattoo industry usually weathers economic downturns well, COVID has stopped them from providing their services. They already have to maintain sterilized work spaces and be extremely aware of their shop environment. Adapting their practice to COVID safety measures will be a necessity in order for tattooers to reopen and return to business. Follow SaultOnline as we follow this industry going forward. Josie Fiegehen, Local Journalism Initiative Reporter, SaultOnline.com
Syria said U.S. air strikes against Iranian-backed militias in the east of the country on Friday were a cowardly act and urged President Joe Biden not to follow "the law of the jungle". An Iraqi militia official close to Iran said the strikes killed one fighter and wounded four. U.S. officials said they were limited in scope to show Biden's administration will act firmly while trying to avoid a big regional escalation.
Digital assets under management across exchange-traded products doubled this month to a record $43.9 billion, researcher CryptoCompare said on Friday, underscoring soaring interest in securities that track digital currencies. Bitcoin has leapt over 60% this year, hitting an all-time high of $58,354 this month as mainstream companies such as Tesla Inc and Mastercard Inc embraced cryptocurrencies. Still, daily trading volumes across all varieties of exchange-traded products involving cryptocurrencies slumped 38% in February from a month earlier to $936 million, CryptoCompare said in a research report.
A single voice could raise cash for health and art. The Raise Your Voice contest and virtual concert is a fundraiser focusing on both the Stevenson Memorial Hospital Foundation and the Gibson Centre. “We wanted to reach out to the community in this new safe world we’re living in and raise money for two very different causes,” said spokesperson Whitney Sallach. Sallach is urging amateur performers from Simcoe County to submit a song by March 14 before midnight for the June 3 virtual singing contest finale. Singers will be judged by Canadian musicians Marshall Dane Erin McCallum and Sophia Fracassi, who will also perform at the event. Contestants are asked to submit a sample of their singing, and assist the hospital and art centre by encouraging virtual concert ticket sales and the launch of the voting event. Three contestants will be chosen to sing at the virtual concert, and the grand prize winner will receive $1,000. Cheryl Browne, Local Journalism Initiative Reporter, Barrie Advance
Giorgio Armani is taking fashionistas back to the 1980s for his fall Emporio Armani line, nodding to the era's bright colours in his latest creations at Milan Fashion Week. The veteran designer, affectionately called "King Giorgio" in his native Italy, presented plenty of hot pink and purple creations, high-waisted trousers and chunky jewellery in the autumn/winter 2021-2022 collection called "In the mood for pop". In a video presented at the virtual Milan Fashion Week on Thursday, models wore wide-leg trousers with suspenders, velvet jumpsuits and round-shouldered jackets and coats, some with boule buttons, others with shiny patterns.
La production alimentaire locale tout au long de l’année est à notre portée et réduira l’impact de l’agriculture sur le climat – mais seulement si nous adoptons la technologie agricole.
WASHINGTON — Bouncing back from months of retrenchment, America's consumers stepped up their spending by a solid 2.4% in January in a sign that the economy may be making a tentative recovery from the pandemic recession. Friday’s report from the Commerce Department also showed that personal incomes, which provide the fuel for spending, jumped 10% last month, boosted by cash payments most Americans received from the government. The January spending increase followed two straight monthly spending drops that had raised concerns that consumers, who power most of the economy, were hunkered down, too anxious to travel, shop and spend. Last month's sharp gain suggests that many people are growing more confident about spending, especially after receiving $600 checks that went to most adults last month in a federal economic aid package. The government also reported Friday that inflation by a measure preferred by the Federal Reserve rose a moderate 0.3% in December. That left prices up 1.5% over the past 12 months, well below the Fed’s 2% target. Besides receiving cash payments, many Americans who have managed to keep their jobs have also been saving money for several months. That could bode well for the economy later this year, once consumers feel more willing to spend, vaccinations are more widely distributed and some version of President Joe Biden’s new economic aid proposal is enacted. Concerns that a strengthening economy will accelerate inflation have sent bond yields surging. On Thursday, the yield on the 10-year U.S. Treasury note moved above 1.5% — a level not seen in more than a year and far above the 0.92% it was trading at only two months ago. The move raised alarms on Wall Street and ignited a deep selloff in the stock market. Some investors fear that rising interest rates and the threat of inflation might lead the Fed to raise its benchmark short-term rate too quickly and potentially derail the economy. The tame inflation figure in Friday's report from the government shows that so far, price increases are mostly mild. In testimony to Congress this week, Fed Chair Jerome Powell downplayed the inflation risk and instead underscored the economy’s struggles. Layoffs are still high. And 10 million jobs remain lost to the pandemic that erupted nearly a year ago. That’s a deeper job loss than was inflicted by the Great Recession of 2008-2009. Still, despite the weakened job market, key sectors of the economy are showing signs of picking up as vaccinations increase and government rescue aid works its way through the economy. The Fed’s ultra-low-rate policy is providing important support as well. Retail sales soared last month. Factory output also rose and has nearly regained its pre-pandemic levels. And sales of newly built homes jumped in January. Martin Crutsinger, The Associated Press
(Dave Irish/CBC - image credit) The military psychiatrist to first treat Lionel Desmond after he was released from the military said the veteran's post-traumatic stress disorder included dissociative events that would send him back to Afghanistan for minutes at a time. Dr. Anthony Njoku, who testified Friday at the fatality inquiry in Nova Scotia, described Desmond's PTSD as severe when they met in 2015 and said he felt from the beginning Desmond would benefit from in-patient treatment. Before getting to a place where Desmond could relive and confront his trauma in therapy, he needed to be stabilized — getting his drinking under control, sleeping better and learning techniques to calm himself. "He tells me that seeing people in military attire, hearing the sound of gunfire from [the] shooting range, or an overflying aircraft all make him more agitated, aggressive and angry," Njoku wrote in his assessment. The psychiatrist testified he expected Desmond would have had more insight into his triggers and developed coping mechanisms, given his more than three years of psychiatric treatment in the military. The fact that he couldn't self-soothe concerned Njoku, he said. Njoku testified he wasn't sure that Desmond would be able to focus on his treatment at the Occupational Stress Injury (OSI) Clinic in Fredericton, saying he clearly had stresses within the community, which is located about 26 minutes northwest of Canadian Forces Base Gagetown. The assessment took place in 2015, about a year and a half before Desmond killed his wife, Shanna; his 10-year-old daughter, Aaliyah; and his mother, Brenda, before turning the gun on himself at a home in Upper Big Tracadie, N.S. CBC reporter Laura Fraser was live blogging the hearing: Poor continuity in care Dr. Mathieu Murgatroyd, Desmond's psychologist at the OSI Clinic, testified Thursday the veteran went weeks or months without seeing his psychologist or psychiatrist, even though they wanted to see him more regularly. This was largely due to the fact Desmond was only living part time in Fredericton and spent the rest of his time with his family in Nova Scotia's Guysborough County. Adam Rodgers, the lawyer for Desmond's estate, said the testimony underscored the importance of supporting veterans who may have been deployed in one area but have a home somewhere else. Desmond's transience wasn't unique among recently retired soldiers, Rodgers noted. "For somebody who is going through PTSD symptoms, the bureaucracy and the complexity of dealing with multiple jurisdictions can be very difficult," he said. Adam Rodgers, counsel for Desmond's estate, said he'd like to see more research into post-concussion syndrome. "So for someone having to deal with appointments, medical care, prescriptions — all of these things from multiple sources in a team approach, like Cpl. Desmond was — you absolutely need somebody that's there looking out for you, helping to co-ordinate the care for you." Njoku's notes indicated that he'd recommended Desmond get a clinical case manager through Veterans Affairs Canada. It's unclear why that never happened, but Njoku testified that it's likely because Desmond was moving between different places. A loving family In January 2016, Desmond's wife and daughter accompanied him to an appointment with Njoku, who described them Friday as a loving family. Njoku said after seeing the care Desmond's wife exhibited, he believed some of the relationship complaints the veteran had shared were likely the result of paranoia and hypervigilance. The psychiatrist said he felt reassured about the marriage. "This was a family. This was a wife who was just as caring, who was just as interested in his well-being and who was wanting to know about his treatment," said Njoku. "His daughter was there, interactions seemed entirely appropriate, entirely loving. "So it's probably the worst moment of this entire thing." Njoku broke off his testimony at that moment, overcome at his description of a loving family before the fatal shootings on Jan. 3, 2017. The inquiry in Port Hawkesbury is scheduled to continue hearing from witnesses Tuesday. It's expected the inquiry will hear from the clinicians at Ste. Anne's Hospital near Montreal, where Desmond went for in-patient therapy in May 2016. Desmond is shown here in this family photo with his mother, Brenda, left, and daughter, Aaliyah, right.
Protesters gathered in Tbilisi, Georgia over the arrest earlier in the week of opposition leader Nika Melia.View on euronews
Canada on Friday approved AstraZeneca's COVID-19 vaccine, including the version produced by the Serum Institute of India, and 500,000 doses are due to arrive next week. The vaccine is the third to be approved by Health Canada following the December approval of vaccines developed by Pfizer Inc with BioNTech SE and Moderna Inc. "With Pfizer, Moderna, and now AstraZeneca, Canada will get more than 6.5 million doses before the end of March," Prime Minister Justin Trudeau told reporters.
From the United States to Germany and Australia, government borrowing costs on Friday were set to end February with their biggest monthly rises in years as expectations for a post-pandemic ignition of inflation gained a life of their own. Australia's 10-year bond yield and Britain's 30-year yields were set for their biggest monthly jump since the 2009 global financial crisis. Even after a Friday respite from this week's brutal drubbing, Australia's 10-year yield is up 70 basis points in February and New Zealand's 10-year yield is up almost 77 bps.
LIVERPOOL, England — Liverpool captain Jordan Henderson faces a long spell on the sidelines after undergoing an operation on the groin injury he sustained in last weekend’s Merseyside derby loss against Everton. Liverpool has not put a timescale on the midfielder's recovery but said he will be out until at least April in another blow to its fading Premier League title defence. “Henderson has successfully had a corrective procedure carried out on the adductor injury," Liverpool said in a statement on Friday. “He will begin a rehabilitation program immediately.” Liverpool is in sixth place, 19 points behind leader Manchester City but the six-time European champions remain in the Champions League. Henderson, who has been playing as an emergency centre back, joins a lengthy injury list. The three senior central defenders, Virgil Van Dijk, Joe Gomez and Joel Matip, have all had their seasons ended prematurely while backup Fabinho is still out, having played just one of the last seven matches because of a muscle injury. James Milner is still sidelined by a hamstring problem and fellow midfielder Naby Keita only returned to the squad last weekend for the first time since mid-December. Forward Diogo Jota began full training this week after three months out with a knee problem. ___ More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports The Associated Press
U.S. regulators on Friday said they would work quickly to authorize Johnson & Johnson's COVID-19 vaccine for emergency use after a panel of outside advisers backed the one-shot immunization. The Food and Drug Administration is expected to decide on emergency use by Saturday for what would be the third vaccine available in the United States, and the only one that requires a single shot. The agency told J&J that "it will rapidly work toward finalization and issuance of an emergency use authorization," the regulator said in a statement after the vote by advisers.