Monkeypox outbreak | scoop

Medical Mousse ??

Monkeypox Vaccine Gains Approval by the European Union

According to the European Medicines Agency's recommendation from last week, the Danish biotechnology company Bavarian Nordic announced on Monday that the European Commission had approved the marketing of its Imvanex vaccine as a defense against monkeypox (EMA).

Immediately following the World Health Organization's high-level notice designating the rapidly expanding monkeypox outbreak as a global health emergency, the authorization was given. The Bavarian vaccine is the only vaccine approved in the US and Canada to prevent monkeypox sickness. However, it has only received permission to treat smallpox in the EU thus far. But during the current monkeypox outbreak, the business provided the vaccine to several EU nations for what is known as "off-label" use.

President Joe Biden Recovering As Covid Symptoms Reduce

On Saturday night, Biden finished his third full day of taking Paxlovid, an antiviral medication that lowers the risk of contracting a serious infection, according to Physician to President Kevin O'Connor.

His painful throat is currently his main symptom, O'Connor added. "This is encouraging because it is probably the outcome of lymphoid activation as his body removes the infection. His bodily pains, cough, and rhinorrhea have significantly lessened."

While the president's voice is still "a little bit deep," according to O'Connor, Biden's temperature, respiration rate, pulse, and blood pressure are all normal, and he has no shortness of breath. According to the physician, Biden's oxygen saturation is "outstanding" on room air, and his lungs are still in good shape.

Poverty Pudding ??

World Bank Commitments Aid MENA to Mitigate Impacts of Covid-19 and War in Ukraine

The World Bank committed more than $5 billion in its most recent fiscal year, which concluded on June 30th, in response to many shocks that affected nations in the Middle East and North Africa (MENA). Together with strategic and reform-focused advisory and analytical support, these investments are assisting people throughout the region in reducing the effects of the conflict in Ukraine on food and energy prices, continuing to respond to the COVID-19 pandemic's effects, and increasing their resilience to shocks from the climate and other sources, especially in the fragile and conflict-affected nations.

In the MENA area, the World Bank presently manages a portfolio worth about USD 25.2 billion. Agriculture, energy, education, the environment, health, social protection, trade, and transportation are just a few of the critical sectors covered by the portfolio.

Profit Colada Sherbet ??

Saudi's Energia secures $20mln from Abu Dhabi's Ruya Partners.

Saudi Arabia's Energia has secured SAR75 million ($20 million) from Abu Dhabi-based private credit firm Ruya Partners. Ruya is an independent alternative investment firm set up in 2020. According to Shahid Hassan, the company's founder, and CEO, Energia is keen on expanding its market share. He said Ruya's investment will also enable the company to pursue new initiatives, such as sustainable and green energy solutions.

West Cairo to witness an increase in the volume of investments

Tarek Shoukry — Head of the Real Estate Development Chamber at the Federation of Egyptian Industries and Undersecretary of the Housing Committee at the House of Representatives. Gradual development is taking place, just as it did in East Cairo, and the state plans to develop West Cairo by highlighting its tourist attractions, including the pyramids, the Sphinx Airport, and the Grand Egyptian Museum (GEM). This will play a significant role in increasing investment opportunities in the region. Several high-end hotels are opening in West Cairo, making it an attractive destination for tourists.

Crypto Candy ??

Bitcoin recovers after falling on news Tesla sold 75% of its holdings

Bitcoin rebounded after a brief sell-off late on Wednesday sparked by news that electric carmaker Tesla Inc had sold about 75% of its holdings of the virtual token.

Elon Musk cited concerns about Tesla's "overall liquidity" for the sale.

The world's largest cryptocurrency was last up 1.04% at $23,494.57, after sliding as much as 0.5% to $23,268.92 on the news. Tesla sold $936 million worth of bitcoin during the second quarter. It is more than a year since the company purchased $1.5 billion of cryptocurrencies at the height of their popularity and growth.

Musk has been an outspoken supporter of cryptocurrencies. Dogecoin and bitcoin often rise in value when he unveils his crypto ownership and remarks about the future of crypto. On Tesla's earnings call, Musk said the primary reason for the sale was uncertainty about lockdowns due to COVID-19 in China, which has created production challenges for the company.

In May 2021, Tesla stopped accepting bitcoin as payment. The company could restart accepting bitcoin once it conducts due diligence on the amount of renewable energy required to mine it. is week, bitcoin has been recovering along with the stock market, as investors seem more optimistic about the Federal Reserve's ability to rein in decades-high inflation.

?? See you next Wednesday.