Navigation Links
ADB Report Warns of Bird-Flu Catastrophe

An Avian flu pandemic could kill 3 million people in Asia, economically setting the continent back by almost $300 billion, causing a recession in the world, the Asian Development Bank has warned. //

The bank examined in a report the likely effects on the region if bird flu produces a human pandemic that hacks consumer demand, with millions of workers being taken ill. 'Growth in Asia would virtually stop,' it said. The economic impact would likely force the world into a recession.

China, Hong Kong, Singapore, Malaysia and Thailand would likely be hit hardest by the pandemic, the bank predicted.

In its grimmest scenario, where the impact of a pandemic lasts a year, Asia could lose $282.7 billion — or 6.5 percent of gross domestic product — in consumption, trade and investment, the bank said in its report. Workers' incapacity and death could cost another $14.2 billion.

The scenario assumes about 20 percent of Asia's population would fall ill, and 0.5 percent of them would die.

If the psychological impact of an outbreak lasted 6 months, the cost to Asia in lost consumption, trade and investment would be about $99 billion, the report said in a less pessimistic scenario.

In a separate report, the bank said bird flu was already harming several East Asian economies. Costs so far have been limited — around 0.1 percent to 0.2 percent of gross domestic product in Vietnam — but could rise significantly, the bank said.

Milan Brahmbhatt, author of the report, said a human pandemic caused by bird flu could cost the world economy as much as $800 billion.

The reports came as governments stepped up cooperation to prepare a global response to the risk that the bird flu virus that has swept through Asia and entered Europe could mutate into a form transmissible between people and produce a pandemic that could kill millions.

Vietnamese scientists said they were ready to begin testing a new flu vaccine on human volunteers when they receive permission from the government, following an $18 million allocation from Washington this week as part of U.S. preparations for a pandemic.

Thuy said her company began working on a vaccine last year and tests on chickens and monkeys produced promising results. Scientists are waiting for permission from the Ministry of Health to begin testing on human volunteers.

China and Vietnam have prohibited poultry imports from countries with bird flu outbreaks. Vietnam has suffered more than 40 of the 62 confirmed human deaths from bird flu in Asia since 2003, while China has had three outbreaks in birds in recent weeks but no human cases.

Most of the deaths from bird flu have been linked to close contact with infected birds, but experts fear the deadly H5N1 virus devastating flocks in Asia and pockets of eastern Europe could mutate into a form easily spread from person to person and have called for increased prevention worldwide.


'"/>




Related medicine news :

1. Russia Reports First SARS Case
2. Report on the Safety and Effectiveness of Melatonin supplements
3. Sepsis Death Reported With Mifepristone – FDA Issues Warnin
4. Experts Insist That Neonatal Herpes Be Reported Regularly
5. Uganda Reports Failure To Contain Sleeping Sickness
6. Encephalitis Deaths in Maybe higher than Reported
7. Only 30 Polio Cases Reported In India
8. Reports of Hantavirus infection in India raise concerns
9. Controversy Surrounding The HIV Positive Reports Of One-Year Girl In Kerala
10. Asthma Patients Under The Care Of An Allergist Report Less Severe Symptoms
11. Imported Plants Could Deadly Harbor Mosquitoes, Says Report
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:2/8/2016)... MD (PRWEB) , ... February 08, 2016 , ... ... is excited to share this important news! AHCC and the Home Health and ... Coding Clinic, CMS' designee for official ICD coding guidance and clarifications, to address ...
(Date:2/8/2016)... ... 2016 , ... The schedule is now online for the largest ... which is being held May 25-29 at the Loews Chicago O’Hare Hotel, continues to ... causes of chronic illness in children. , Very recent articles have cited 1 child ...
(Date:2/7/2016)... ... 2016 , ... HealthSmart Holdings, Inc. announced today the launch ... and information to lower the costs, and increase the impact of their healthcare ... healthcare benefits by as much as 22%:, + Price and quality transparency, ...
(Date:2/6/2016)... ... ... With the FCPX LUT: Summer pack from Pixel Film Studios, ... is a Lookup Table that contains a mathematical formula for modifying an image. The ... manipulating each pixel, LUT's can change each color range differently, it gives the user ...
(Date:2/5/2016)... ... February 05, 2016 , ... Love is in the ... a variety of colors, assortments and packaging. This staple for Valentine’s Day is a ... location. , For Valentine’s Day, not only are long-stem roses available, but also ...
Breaking Medicine News(10 mins):
(Date:2/5/2016)...  Redwood Scientific Technologies, Inc. announced today the development ... women balance their hormones. This product will be featuring ... Jason Cardiff , President and CEO. "I am proud ... millions of women across the country and around the ... Our research and development team is confident that through ...
(Date:2/5/2016)... , Feb. 5, 2016  ivWatch, a medical devices company, ... STEM Award granted by Governor Terry McAuliffe,s office. ... on February 25th at an event to be held at ... STEM award honors professionals and business that have made significant ... Logo - http://photos.prnewswire.com/prnh/20160205/330117LOGO ...
(Date:2/5/2016)... in Alabama seeking prostate care with ... have to travel out of state. Vituro Health ... of Alabama to provide a total prostate management program ... Alabama is known throughout the ... using many different modalities. They are the largest and one ...
Breaking Medicine Technology: