We cover India’s weaknesses in preventing more Covid waves and allowing China to quietly deal with the crisis of the Evergrande.
Covid’s situation in India has improved, but concerns remain
India’s coronavirus crisis, which killed thousands a day just seven months ago, was mitigated after state leaders revamped policies and significantly strengthened immunization momentum. ..
Now, as India celebrates its 1 billionth dose, public health experts, a feat that until recently seemed unlikely, are issuing new warnings.
Only a quarter of India’s population is fully vaccinated and vaccination is delayed. People are once again crowded due to religious festivals, and the government is still taking the approach of calming things down.
number: According to official figures, daily infections plummeted from about 42,000 four months ago to about 12,000 per day. The death toll has been halved to about 400 per day. At least 3 out of 4 adults have received at least one shot.
environment: India’s progress is an important part of ending the global pandemic. After a deadly wave, the government invested money in vaccine production, stopped exporting vaccines, and abandoned the nasty rules that made it difficult for local authorities to procure shots.
What’s next: After Prime Minister Narendra Modi returned from the Climate Change Conference, he met with officials and worked on regions of the country where less than half of the population was fully vaccinated.
Here are the latest pandemic updates and maps.
As the crisis expands, China says there is nothing to see
A few weeks ago, the global market was plagued by potential failures as real estate developer China Evergrande Group was working on $ 300 billion in outstanding debt. The broader panic has contributed to the wave of defaults among Chinese developers. Real estate prices are still declining and sales are plummeting.
But the developers say the worst is over, and Chinese officials say the risks are manageable, even if other companies show signs of problems. Evergrande and Beijing manage the company’s struggle in secret and can meet some payment deadlines without explaining how.
This approach may stop panic, but it describes broader pressure on the sector. “The basic situation at Evergrande hasn’t really changed,” said Matthew Chow, China Real Estate Analyst and Director at S & P Global Ratings. “The default is almost certain.”
fluid: With over a million homebuyers waiting for an unfinished apartment, the company may be borrowing money from as many workers. Another Evergrande deadline is approaching on Wednesday, when the $ 150 million bond payment grace period ends.
African leaders say developed countries should cut oil first
African leaders say poor countries cannot be expected to rebuild their systems as quickly as rich ones, as Glasgow climate negotiators are trying to agree on greenhouse gas reductions.
Sub-Saharan Africa accounts for about 3 percent of the world’s greenhouse gas emissions, among the lowest in the world. However, African countries are particularly affected by climate change.
Improvements can be costly and many people do not yet have a basic need like electricity. Leaders point out that some wealthy countries maintain natural gas in their own transition plans.
environment: Development banks and richer countries are also rolling back support for fossil fuel projects, including projects in African countries rich in fossil fuel resources.
the latest news
A web superhero comic series about five Asian best friends debuts this week. The “House of Slay” character is based on a real friend who works in the fashion industry and has become famous on Instagram as a group under the hashtag #Slaysians. “There are a lot of kids who feel or don’t fit, especially Asians,” said designer Phillip Lim. “It’s very important to show these kids that real people like us can be superheroes.”
Art and ideas
What happened at Astroworld?
For years, fans flocked to Travis Scott’s concerts for their wild energy and high-concept stage production. He is part of a generation of performers who “brought the sensation of punk rock to the large scale of modern rap,” Joe Coscarelli wrote in the Times. This includes mosh pits, crowd surfing, and the violent behavior that occurs in many live shows without danger.
At Scott’s Astroworld Festival in Houston last Friday, eight people were killed and hundreds were injured, putting them at risk. Authorities are still investigating the cause of the surge in the 50,000 crowd.
Participants have already filed at least 20 proceedings against Scott and the festival organizers, including those accusing the rapper of contributing to violence. Others involved in the festival questioned whether police should stop the show sooner and whether they were well prepared for medical care.
Scott said on Saturday he was unaware of the extent of the emergency at the time. But as Koscarelli writes, the tragedy in Houston turned the energy of his live performance, one of Scott’s biggest selling points, into a discussion of his responsibilities.
Play, see, eat
What to cook
These rice cakes with peanut sauce and hoisin sauce are vegan, reminiscent of fried Chong Hwan’s classic Cantonese dim sum or steamed rice noodle rolls.
What to read
In Yun’s fascinating second novel, “O Beautiful,” the only time between the writer and her dream career is a trip to her nightmare country.