#future uncertain

Banks need to raise and conserve capital in COVID time: Former RBI deputy governor

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KOLKATA: Commercial banks of the country are required to raise capital at this juncture even if it is not needed as the COVID-19 pandemic has made the future uncertain, former deputy governor of RBI N S Vishwanathan said.

He said that raising resources at the moment is essential as it might not be available or become exorbitant when actually needed.

“Banks are required to raise capital…

America lost yesterday. Winning the House alone not result enough to claim victory. There was no blue wave. The result merely bore fruit once again that there are two Americas.

The Democratic Party could not have taken a better shot at correcting things. Women and the young joining forces with the Party. The long lines. With what result? A draw from my perspective.

The best Democratic candidates lost. Beto O’Rourke, Andrew Gillum and Stacey Abrams.

All made good runs. Came up short. Abrams may still have a chance if there is a run off.

O’Rourke not finished. His career has just begun. Presidential timber. He is different. America needs different.

It is a disgrace that Gillum was beat by an obvious racist. Not surprising. Trump is a racist. Indication that half the country has racist tendencies.

Each side was rebuked. I prefer rebuked where one might consider wins.

The Democrats were rebuked because they did not win the Senate and three of their top candidates failed to win.

Trump rebuked because Democrats won Congress and a significant number of governorships.

What do the next two years hold? Escalated conflict or each side reaching across the aisle? Trump has already sent out a couple of tweets this morning. He is geared up to fight.

The Democrats are sure to use their subpoena power to cause investigations.

No marriage in the making.

The mid-terms a sad result.

Enjoy your day!

New Post has been published on https://is.gd/XmP3O8

LONDON | Doctors say future uncertain for poisoned Skripals

LONDON — Doctors who treated poisoned ex-spy Sergei Skripal and his daughter Yulia say they expected the pair to die, and still don’t know what their long-term prognosis is.

The Skripals were found unconscious in the English city of Salisbury on March 4 after being exposed to a nerve agent known as Novichok. They spent weeks comatose in critical condition but have now been discharged.

Britain says Russia was behind the poisoning with the military-grade nerve agent. Moscow strongly denies the allegation. The incident has sparked a Cold War-style diplomatic crisis between Russia and the West, including the expulsion of hundreds of diplomats from both sides.

Medical staff at Salisbury District Hospital initially suspected the Skripals had suffered an opioid overdose.

Dr. Stephen Jukes, an intensive care consultant at the hospital, told the BBC that “when we first were aware this was a nerve agent we were expecting them not to survive.

“We would try all our therapies, we would ensure the best clinical care. But all the evidence was there that they would not survive,” he said in an interview broadcast Tuesday.

Hospital medical director Christine Blanshard said “we don’t know” what the long-term effects of the poisoning will be.

Blanshard said that “we have a total world experience of treating three patients for the effects of Novichok poisoning” — the Skripals and a police officer who came to their assistance. He was treated in hospital and released.

“I think it’s safe to say that we’re still learning,” Blanshard said.

Sergei Skripal, 66, is a former Russian intelligence officer who was convicted of spying for Britain before coming to the U.K. as part of a 2010 prisoner swap. He had been living quietly in Salisbury, a cathedral city 90 miles (145 kilometers) southwest of London, when he was struck down.

His 33-year-old daughter — who arrived in England to visit her father a day before the poisoning — said last week that her recovery had been “slow and extremely painful” and that she hoped to return to Russia one day.

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By Associated Press – published on STL.News by St. Louis Media, LLC (Z.S)