Dr. Sergio Cortes Says Zika Virus Becomes A Vexing Problem for WHO

Dr. Sergio Cortes has been educating people about the Zika virus on his official blog at Sergiocortesoficial.com, and he says despite optimistic reports, there are plenty of reasons for concern. According to Dr. Cortes official news blog, the Zika virus causes fetal cranial deformities, and several cases have been reported in Brazil. In fact, the Ministry of Health reports there have been 462 cases of the so-called microcephaly, and 3852 more are suspected. Brazil’s head of state, Dilma Rousseff deployed around 220,000 military and health authorities to visit homes and distribute leaflets about the Zika virus. Authorities have also distributed insecticides into sewage pipes to prevent the breeding of mosquitoes.

What Makes The Zika Virus So Risky?

The WHO (World Health Organization) say don’t panic, but the initial concern is that people who become infected with Zika, do even notice any symptoms. For some, there is a slight fever, rash and red eyes, but on average, only about one of four infected develop symptoms. Second, there is a particular risk to pregnant women. Dr. Sergio Cortes points out on noticias.com that the Zika virus has not officially been ruled a cause for microcephaly, yet Brazil’s local Health Ministry says around 4,000 suspected cases were linked to the virus in 2015.

The virus has been underestimated for years, and big pharma companies are currently on the hunt for a vaccine, along with the WHO (World Health Organization) is currently working in collaboration for a potential cure, but analysts say it could take 18 months or more.

As a leading medical expert in Brazil, Dr. Sergio Cortes established an official blog for access to anyone wanting to learn more about the Zika virus. “Mosquitoes have become a flying needle, ready to infect millions, and the leading defense against Zika is keeping updated about the virus” says Dr. Cortes.

Meanwhile, confirmed cases have been reported from more than 30 countries, including a few dozen in the United States. With the epidemic spreading rapidly, scientists say Zika could infect millions more. The newest concern is how this virus will affect Brazil’s Olympic summer games. The International Olympic Committee (IOC) representatives say Zika “is absolutely not an issue,” and Dr. Sergio Cortes believes there certainly will be fewer cases since Brazil is drier during August, yet that doesn’t entirely rid Brazil of the bloodsuckers.

If you’re looking for updated information about the Zika virus, stay informed by visting Dr. Sergio Cortes Facebook or Twitter page.

Crisis in Global Markets

According to George Soros speech on Bloomberg and during an economic forum held in Sri Lanka’s capital, he feels that devaluation of China is highly affecting other countries in the rest of the world. He advised investors to be cautious because the global markets are in a critical condition and also facing a crisis. Soros feels that the attempt of China struggling to come up with a new growth model and devaluation of its currency is acting as a transfer of problems to other parts of the world. Developing countries are having a challenge of returning to positive rates of interests thus this is seen as having the same similarities as the crisis that took place in 2008.

Commodity markets, global currency and stock are in critical conditions since the beginning of the year and furthermore, the sinking Yuan which is raising concern on the strength of the economy of China as it shifts to service and consumptions from manufacturing and investment. The value of global equities early this year reduced by almost $2.S trillion. In addition to this, losses also deepened largely in Asia as fall in the Chinese equities came to an abrupt stop of trade.

Assumptions Made by George Soros

According to Soros, he feels that China is having problems in its adjustment and this can be viewed as a crisis. He compares the current market with the financial markets of 2008 and sees the possibilities of the same crisis recurring. Soros also warned earlier of another catastrophe which is similar to the 2008.From 1969 to 2011, Soros hedge fund firm has managed gaining an average of 20% per year. In addition to this, the Bloomberg Billionaires Index also reports that the firm has a net worth of over $27.3 billion.

By 2020, China’s communist party has put a pledge of increasing the convertibility of Yuan and also dismantles capital controls gradually. China being the second largest economy is facing weaknesses even after cutting down the rates of interest on the Peoples bank of China. It has been noted that this year the volatility measures are surging.

Background Information about George Soros

1. Soros is the founder and chief executive officer of Soros Fund Management and also the Open Society Foundations. He was born in 1930 and managed surviving Nazi occupation which took place during the world war. Soros fled to England from his hometown which was Budapest. His main aim was to be in a communist dominated area. Soros is a graduate of London school of economics. Later on, he moved to the United States where he currently resides. In the United States he accumulated large fortune through investing internationally and coming up with a hedge fund. Apart from work, Soros is also a philanthropist and has done this since 1979.

Reference

1. cm/news/articles/2016-01-07/global-markets-at-the-beggining-of-a-crisis-george-soros-says