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Bird Flu Pandemic Could Hurt World Economy, IMF Says
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Stock Investing Course (AXcess News) Washington - According to the International Monetary Fund (IMF) a global bird flu pandemic could temporarily hurt the world economy. The economic affects could be severe, though temporary, the IMF said.
3. Is there a treatment for bird flu Professionals currently researching the Avian bird flu claim that rimantidine and amantidine, two cheap and popular flu drugs, have no power over the bird flu, but Relenza and Tamiflu, two other flu drugs, can indeed effectively treat the viral disease. 4. Is there a risk of a bird flu epidemic Experts in this area suggest that rapid and extensive culling and quarantining of potentially infected animals is the best way to prevent an epidemic. Another option is vaccination of birds against the bird flu virus.
Stock Market Game While the IMF says a bird flu pandemic would hurt the world economy it also states that it would be difficult to assess where the economic affects would be felt the hardest.
"Businesses should evaluate all real and perceived risks to their organisation, " said Richard Smith, employment services director at Croner. "While it may be more front of mind to prepare for other threats, such as terrorism, a pandemic could cause even greater disruption, " he warned. HSBC has announced it is creating contingency plans based on the worst case scenario of having half its global workers absent if a bird flu pandemic occurs.
Stock Investing Game The IMF did state in its report that the absentee rate of workers would be the most devastating. Fewer workers showing up in the health, banking, transportation and utilities would affect global trade. Consumer trade would also be affected by absenteeism to the extent that it could cause world trade to plummet. In turn, that would slow investment and cash flows between nations. Even worse, some countries might halt trade altogether in an attempt to avoid the risk of further bird flu infections.
The IMF said yesterday that Japan's economy will grow 2.3% in 2007.However Japanese economic growth for 2008 is projected at 1.9%.
Journal Prime Rate Street Wall These actions could cause a drop in commodity pricesand even curb or cut off the supply of oil or at the very least, limit transportation.
By By Steven Reinberg HealthDay Reporter TUESDAY, Feb. 27 (HealthDay News) - U.S. Food and Drug Administration advisers voted Tuesday to recommend approval of the first bird flu vaccine, even though it would protect only 45 percent of people exposed to the virus. The vote came after FDA officials said that the vaccine could still play an important role in protecting against the likelihood of a flu pandemic, despite its limited effectiveness.
Stock Market News The IMF said that no matter what the level of disruption wrought out of a bird flu pandemic,it would only be temporary.
Stock Investing Basics The IMF believes that the more stable economies would be disrupted for one quarter with an ability to bounce back in the following period.
Stock Investing Software The IMF said that people would rebound from a bird flu pandemic with most surviving. That would in turn send them out to buy the things they put off purchasing before. The effect of that would be economies recovering quickly, the IMF stated.
Stock Market Trading Globally, Canada, Hong Kong and Singapore would be best prepared to handle a bird flue pandemic having been through outbreaks of SARS in 2003, according to the International Monetary Fund. The IMF said that financial institutions, central banks, and regulators haveincreased their risk planning in recent years in many advanced economies with activities such as identifying back-up teams at alternate sites.
Stock Investing For Dummy While planning globally to prepare for a bird flu pandemic has increased, country-to-country it varies greatly and cooperation is at an early stage, the IMF said.
Stock Market Crash The IMF is trying to do its part by gathering information and sharing the elements of good business planning among its member countries. The Fund views it as a form of cheap insurance in protecting its members from severe economic impact if a bird flu pandemic were to occur.
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