UAE Non-Oil Business Activity Surges to Nine-Month High in December

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 The United Arab Emirates' non-oil private sector recorded its fastest expansion in nine months in December 2024, buoyed by strong domestic demand and increased business activity, according to the latest S&P Global Purchasing Managers’ Index (PMI) report. PMI Highlights Robust Growth The seasonally adjusted UAE PMI climbed to 55.4 in December from 54.2 in November, signaling robust growth well above the 50.0 threshold that separates expansion from contraction. This marked the third consecutive monthly increase, underscoring sustained recovery in the non-oil sector. Key drivers of growth included a notable rise in new business activity. The new orders subindex rose sharply to 59.3 in December from 58.0 in the previous month, reflecting strong domestic demand. Challenges Amid the Growth While domestic demand flourished, export growth slowed, with the export orders subindex dropping to a seven-month low. Additionally, businesses faced mounting backlogs due to capacity constraints,...

Hospitals in China Struggle To Respond To The Covid Tsunami

 

China

Doctor Howard Bernstein of Beijing noted that in his more than three decades of emergency medicine, he has never encountered anything like this.

He added that patients are coming into his hospital in ever-increasing numbers; practically all of them are elderly and many are really ill with symptoms of COVID and pneumonia.

Bernstein's statement is consistent with similar evidence from medical professionals across China who are struggling to cope after China abruptly changed its previously tight COVID standards this month, which was followed by an outbreak of diseases that spread across the country.

Since the epidemic started in the country's capital city of Wuhan three years ago, this outbreak is by far the largest to have occurred there. In this month's high demand, Beijing's government hospitals and crematoriums have also struggled.

At the conclusion of a "stressful" shift at the privately run Beijing United Family Institution in the east of the capital, Bernstein told Reuters that "the hospital is completely overburdened from top to bottom."

He declared that the intensive care unit (ICU), emergency room, fever clinic, and other wards were all filled.

"Many of them were given hospital admissions. People keep going to the ER since there is no flow and they won't get better in a day or two, but they can't get upstairs to the hospital rooms because of the stairs "explained he. They have been kept in the ER for days.

Bernstein seen hundreds of COVID patients every day in the past month, up from none.

He admitted, "I think we were just unprepared for this. That's the biggest problem, really."

The chief medical officer at the exclusive Raffles Hospital in Beijing, Sonia Jutard-Bourreau, 48, said that patient volumes are five to six times more than usual and that patients' average ages have risen by nearly 40 years to over 70 in just the past week.

She claimed that local hospitals are "overwhelmed" and that patients and their family members travel to Raffles to purchase Paxlovid, a COVID medication made by Pfizer, which is in short supply in numerous locations, including Raffles.

Jutard-Bourreau explained that there are specific requirements for when her team can prescribe it, saying, "They want the drug as a replacement of the vaccine, but the medicine does not replace the vaccine."

Jutard-Bourreau, who like Bernstein has spent about ten years working in China, is concerned that the worst of this wave has not yet reached Beijing.

Medical professionals in other parts of China told Reuters that due to exceptionally high COVID and sickness rates among personnel, resources had already been strained in some situations.

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