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Bahrain approved the emergency use of the oral Covid-19 antiviral drug Paxlovid on Sunday.
Its health regulator authorised the treatment for adults who have mild to moderate symptoms and are at a higher risk of developing severe Covid-19 that may lead to death, the kingdom’s state news agency said.
The National Health Regulatory Authority had evaluated data provided by the Pfizer, the drug’s manufacturer, the news agency said. A batch of the medicine was ordered and was scheduled for arrival this month.
Bahrain’s health ministry said 615 new cases were reported in the 24-hour reporting period, including 105 related to travel.
Paxlovid consists of two co-packaged antiviral medicines – PF-07321332 and Ritonavir – designed to stop the virus that causes Covid-19 from multiplying in the body and to help patients overcome the infection.
In late December, the US Food and Drug Administration approved the emergency use of Paxlovid to treat “mild to moderate” coronavirus cases in adults and children over 12 years old who weigh at least 40 kilograms.
“The authorisation introduces the first treatment for Covid-19 that is in the form of a pill that is taken orally – a major step forward in the fight against this global pandemic,” Dr Patrizia Cavazzoni, director of the FDA’s Centre for Drug Evaluation and Research, said at the time.
In November, Bahrain approved the Pfizer-BioNTech coronavirus vaccine for use in children aged between 5 and 11. After clinical trials and studies, the country’s health authority found the shot to be as effective in children as it is in people aged 16 to 25.
The first batch of these vaccines for children is set to arrive early this year, the country announced earlier.
Six vaccines have been approved in Bahrain, including the Chinese-manufactured Sinopharm and the Russian-made Sputnik.
Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
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LA LIGA FIXTURES
Friday (UAE kick-off times)
Levante v Real Mallorca (12am)
Leganes v Barcelona (4pm)
Real Betis v Valencia (7pm)
Granada v Atletico Madrid (9.30pm)
Sunday
Real Madrid v Real Sociedad (12am)
Espanyol v Getafe (3pm)
Osasuna v Athletic Bilbao (5pm)
Eibar v Alaves (7pm)
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Real Valladolid v Sevilla (12am)
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The more serious side of specialty coffee
While the taste of beans and freshness of roast is paramount to the specialty coffee scene, so is sustainability and workers’ rights.
The bulk of genuine specialty coffee companies aim to improve on these elements in every stage of production via direct relationships with farmers. For instance, Mokha 1450 on Al Wasl Road strives to work predominantly with women-owned and -operated coffee organisations, including female farmers in the Sabree mountains of Yemen.
Because, as the boutique’s owner, Garfield Kerr, points out: “women represent over 90 per cent of the coffee value chain, but are woefully underrepresented in less than 10 per cent of ownership and management throughout the global coffee industry.”
One of the UAE’s largest suppliers of green (meaning not-yet-roasted) beans, Raw Coffee, is a founding member of the Partnership of Gender Equity, which aims to empower female coffee farmers and harvesters.
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The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
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