Month: November 2020

Nearly 60 hand sanitizer brands are potentially toxic, FDA warns

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The Food and Drug Administration is warning consumers and health care providers about the growing number of hand sanitizers that contain methanol, which can be toxic when absorbed through the skin and deadly if swallowed.  The regulatory agency has expanded to 59 its list of sanitizers to steer clear of — some of which have already been recalled and some the FDA is recommending be recalled — for containing the potentially fatal substance, also known as wood alcohol. The agency is aware of adults and children ingesting hand sanitizer products contaminated with…

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Covid vaccine: First ‘milestone’ vaccine offers 90% protection

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The first effective coronavirus vaccine can prevent more than 90% of people from getting Covid-19, a preliminary analysis shows. The developers – Pfizer and BioNTech – described it as a “great day for science and humanity”. Their vaccine has been tested on 43,500 people in six countries and no safety concerns have been raised. The companies plan to apply for emergency approval to use the vaccine by the end of the month. No vaccine has gone from the drawing board to being proven highly effective in such a short period…

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Libya’s Oil Output Hits 1 Million Bpd

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Libya’s crude oil production topped 1 million bpd, the National Oil Corporation said this weekend, although it added this level of production may not be sustainable. “It is worth mentioning that the National Oil Corporation faces very big financial difficulties and a huge shortage of its budgets which led to accumulating of debts on the sector’s companies and significant delay for the salaries of its service companies,” the NOC said. “The National Oil Corporation asserts that it may not be able to sustain the current production levels and these levels…

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Citibank Forecasts $49 WTI For 2021

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Citi revised down on Monday its outlook for the WTI Crude price for next year by $5 to $49 a barrel, citing the global spike in coronavirus cases that is set to impact oil demand. Citi Research also cut its estimate for Brent Crude by $5 a barrel to $54 per barrel, Reuters quoted the bank as saying in a note on Monday. Two months ago, Citi was expecting oil prices to recover to $60 a barrel by the end of next year as the oversupply will have been drawn down by then, as major investment banks and…

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Experts discuss post-Covid world order

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KARACHI: The Pakistan Institute of International Affairs (PIIA) on Saturday held a webinar on ‘Post Covid-19 World Order: Challenges and Strategies’. Human rights activist and lawyer Hina Jilani said with regard to the Covid-19 crisis there’s so much to lament but also so much to reflect upon. It isn’t just a health crisis; it’s a human rights crisis. It’s also an opportunity to correct what we have neglected in the past. The foremost aspect of the situation is that how weak the world is, developed or underdeveloped — employment opportunities…

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