What can we do to Ensure Monkeypox Doesn't become the Next Covid?

In addition to the recent surge in the number of Covid cases across several regions, India reported its first case of monkeypox virus last week in Kerala. The infected person is said to have reached the state capital recently from UAE and started feeling symptoms soon after landing. In the wake of the first confirmed case in the country, GoI on Friday released fresh guidelines for international travellers to control the spread of the virus. Health agencies across the globe are still figuring out how severe and lethal the virus can be. Several countries have been failing to control the spread, despite being aware of the origin and integrities of the monkeypox virus in humans since the 1970s. While the Covid pandemic is not over, only timely and strategised measures can prevent another major outbreak.

Let's make the most of dirt cheap oil

In a dramatic and unprecedented turn of events on Monday, crude oil began trading in negative territory for the first time since records began. The price on a futures contract for West Texas crude that was due to expire on 21 April crashed to minus $37.63 a barrel. This is a direct result of the market mayhem caused by covid-19, which has resulted in lockdowns around the world, brought economies to a screeching halt, and crushed demand for transport fuel. Reports say there is so much unused oil in the US that there is no space left to store fresh supplies. Storage costs money. Thus, oil producers had to pay to offload their stock.The sudden fall in oil prices is tied not just to a demand crunch, but also tensions among the world’s major suppliers. The global effort to contain the pandemic, international pressure, oversupply, and still-sluggish demand seem to have struck both Russia and Saudi Arabia hard. Though a production cut has since been agreed to, demand is estimated to have fallen far more than that.The best way to turn this situation to India’s advantage, therefore, is to grab this chance to fill up the country’s strategic petroleum reserves (SPRs). We should move quickly to boost our strategic petroleum reserves and strike long-term supply contracts with global oil suppliers.Read the full article here