Cautionary Tale about Vaccines and Growth
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Petronas and Pertamina face removal from US banking giant s ESG index
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The company claims the technology can reduce up to 79 percent of patient hospital re-admissions
Updated 46 min 38 sec ago
Arab News
June 09, 2021 15:38
DUBAI: An Israeli medical technology company has partnered with a Dubai distributor to sell heart failure monitors in the UAE.
Netanya-based Sensible Medical, which pioneered the ReDS device that can assess heart failure status, has signed a partnership with Dubai’s Heart Beat Medical to distribute the technology.
The company claims the technology can reduce up to 79 percent of patient hospital re-admissions, according to a study from the Mount Sinai Hospital in New York.
“The UAE’s vision is to be a leader in health care. We are excited to partner with Heart Beat Medical, and to showcase ReDS at the Arab Health Exhibition,” Guy Frank, the company’s vice president for international business said.
By Natalia Gurushina, Chief Economist, Emerging Markets Fixed Income Strategy
Brazil maintained the same pace of rate hikes (75bps) and guidance. Turkey remained on hold with a seemingly hawkish statement – but is it just lip service?
“More of the same” – The Brazilian central bank continued to frontload rate hikes, maintaining the same pace (75bps), same guidance (75bps), and the same reasoning (“partial normalization”). A less uncertain fiscal backdrop eased pressure on the central bank to act more aggressively in the near term. However, the real policy rate remains deeply negative (see chart below) – not the best setup against the backdrop of rising inflation. The emerging narrative is that Brazil is on the road to redemption policy-wise – the central bank’s measured tightening would fit right in.