The New York Federal Reserve said Thursday that pressure on global supply chains eased in July, reaching its lowest level since January 2021, as congestion at ports and other obstacles eased; This is in the latest data for a global indicator related to supply problems.
The pressure eased for the third month in a row, in an encouraging sign for policy makers at the Federal Reserve, who are keen to ease supply chain problems to help tame inflation that has reached four-decade highs in the world’s largest economy.
The Federal Reserve’s Global Supply Chain Stress Index combines data on shipping costs, delivery times, delays and other statistics into a single metric and compares them to common standards.
The index has now fallen more than 50 percent from its highest level, which was recorded last December, but it is still well above the levels it was at before the start of the Covid-19 pandemic.
The data is consistent with a survey published by the Institute for Supply Management earlier this week, which also showed an improvement in the speed of supplier delivery.
The supply chain problem has become a major issue in the global recovery from the Corona pandemic, and in the efforts of the Federal Reserve and other major central banks to curb inflation.
The supply chain problem worsened earlier in the year; China’s lockdown measures to tackle the spread of the coronavirus and the war in Ukraine have extended delivery times.
The US central bank and other central banks have already begun to raise interest rates more quickly in an attempt to curb demand for goods and services with the hope of solving the supply chain problem in order to achieve a better balance in economies.
(Archyde.com)
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New York
Spanier reports: – Infected with monkeypox just by shaking hands
written by Alexandra Hartman Editor-in-Chief
No tattoo, no sex party – “You’re going to freak out when you hear how I got it,” Spanish Twitter user Mei Rito said of his monkeypox infection. Contrary to the statement that the virus primarily spreads in homosexual circles during sexual intercourse, a fleeting contact was apparently sufficient for him – when buying an e-scooter.
FC Barcelona | This is Barça’s eleven to face the New York Red Bulls
written by Alexandra Hartman Editor-in-Chief
31/07/2022
Act. a las 00:11
CEST
Frenkie de Jong returns to midfield and Araujo to the side
Barça will try to finish the tour of the United States undefeated
The Barça club has announced the players who will start the game this morning once morest New York Red Bulls to try and cap off the American tour with a win. Who still will not be available to the Terrassa coach is the latest signing, Jules Koundewho is already training in the sports city while waiting for his teammates.
The Barça has two victories (Inter Miami y Real Madrid) and draw once morest Juventus, so they have the chance to finish the tour undefeated.
This is the eleventh Xavi Hernandez for the party in New York: ter Roasting; Wednesday, Christensen, Eric, Dawn; Frenkie de Jong, Gavi, Busquets; Dembele, Lewandowski, Raphinha.
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The WHO has declared monkeypox a global health emergency.
New York:
New York City asked the World Health Organization (WHO) on Tuesday to rename the monkeypox virus to avoid stigmatizing patients who might then hold off on seeking care.
New York has seen more cases of the disease, which the WHO declared a global health emergency over the weekend, than any other city in the United States, with 1,092 infections detected so far.
“We have a growing concern for the potentially devastating and stigmatizing effects that the messaging around the ‘monkeypox’ virus can have on… already vulnerable communities,” New York City public health commissioner Ashwin Vasan said in a letter to WHO chief Tedros Adhanom Ghebreyesus dated Tuesday.
The WHO had floated the idea of changing the name of the virus, which is related to the eradicated smallpox virus, during a press conference last month, a proposal Vasan mentioned in his letter.
Vasan referenced the “painful and racist history within which terminology like (monkeypox) is rooted for communities of color.”
He pointed to the fact that monkeypox did not actually originate in primates, as the name might suggest, and recalled the negative effects of misinformation during the early days of the HIV epidemic and the racism faced by Asian communities that was exacerbated by former president Donald Trump calling Covid-19 the “China virus.”
“Continuing to use the term ‘monkeypox’ to describe the current outbreak may reignite these traumatic feelings of racism and stigma — particularly for Black people and other people of color, as well as members of the LGBTQIA+ communities, and it is possible that they may avoid engaging in vital health care services because of it,” Vasan said.
Anyone is susceptible to contracting monkeypox, which has long been endemic in Central and Western Africa, but so far its spread in Europe and the United States has been mostly concentrated among men who have sex with other men.
The first symptoms can include a fever and fatigue, followed a few days later by a rash that can turn into painful, fluid-filled skin lesions, which may last for a few weeks before turning into scabs that then fall off.
No deaths have been reported so far in Europe or the United States.
More than 16,000 confirmed cases have been recorded in 75 countries so far this year, the WHO said on Monday.
A limited number of doses of a smallpox vaccine found to protect once morest monkeypox, called Jynneos, have been administered in New York, mostly to gay and bisexual men.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)