tweets....
http://www.zerohedge.com/news/2014-08-27/ebola-devastates-west-africa-revenues-down-markets-not-functioning-projects-canceled
Ebola Continues to Spread and Mutate Across West Africa, Now Reaching Senegal http://bit.ly/1prbNGu
Number of #Ebola cases could multiply by 6, WHO warns. Vaccine test set to start, but food crisis looms. http://ow.ly/AOpiN
MORE: West Africa Ebola outbreak could infect over 20,000 - @WHO http://nbcnews.to/XV0vz1
http://www.zerohedge.com/news/2014-08-27/ebola-devastates-west-africa-revenues-down-markets-not-functioning-projects-canceled
Ebola Devastates West Africa: Revenues Down; Markets Not Functioning; Projects Canceled; GDP Plunges 4%
Submitted by Tyler Durden on 08/27/2014 17:01 -0400
In all of its infinite wisdom, the "market", which stopped reacting to newsflow or discounting the future some time after the Fed officially announced it would centrally-plan it indefinitely, decided that just like the trade war against Russia is irrelevant only to find itself a week ago with Europe staring at the abyss of a triple-dip recession, so it decided that the worst Ebola outbreak in history is a non-event, even though it has put virtually all of western Africa on indefinite lockdown, and as Reuters reports, is "causing enormous damage to West African economies and draining budgetary resources." In fact the damage from Ebola to Africa is already so acute, it is expected that economic growth in the region will plunge by up to 4 percent as foreign businessmen leave and projects are canceled, according to the African Development Bank president said.
"Revenues are down, foreign exchange levels are down, markets are not functioning, airlines are not coming in, projects are being canceled, business people have left - that is very, very damaging," African Development Bank (AfDB) chief Donald Kaberuka said in an interview late on Tuesday.
"The numbers I have had vary from one percent to four percent of GDP. That is a lot in a country with a GDP of US$6 billion," Kaberuka said, when asked to quantify the impact.
That's ok, surely the Central Bank of Nigeria will just print some "growth" to offset the 4% GDP plunge. Oh wait, wrong continent for such moronic drivel. Here businesses actually have to, well, "business" in order to generate cash flow and to grow, and where printing prosperity and wealth out of thin air is still a novel concept.
And while all the world's central banks can push the CTRL-P button and mask the simple fact that global trade is crumbling around the world, which despite the happy all time high stock market facade, is getting dragged down ever deeper into currency and trade wars...
... sooner or later the reality that globalization is rapidly unwinding will finally come to the surface. And while the sudden stop of the German economy in the aftermath of the Russian sanctions may not be the stick the breaks the camel's back, said stick may be, appropriately enough, in the continent much more preferred by camels.
Here is what else is going on:
As transport companies suspend services, cutting off the region, governments and economists have warned that the worst outbreak of the hemorrhagic Ebola fever on record could crush the fragile economic gains made in Sierra Leone and Liberia following a decade of civil war in the 1990s.Air France, the French network of Air France-KLM said on Wednesday it has suspended its flights to Sierra Leone following advice from the French government. France did not recommend suspending flights to Nigeria and Guinea.Liberia has already said that it would have to lower its 2014 growth forecast, without giving a new one.Sierra Leone Deputy Minister of Mineral Resources Abdul Ignosis Koroma also told Reuters that the government would miss its target of exporting $200 million in diamonds this year because of the Ebola outbreak, versus $186 million last year."There is no way the government can reach this amount since the districts where diamonds are mined are not Ebola-free, especially the main diamondiferous region Kono," Koroma said. Miners, he added, are too afraid to go to alluvial diamonds pits in the country's Ebola-striken east.
But while nobody cares about the cataclysm the locals find themselves in because clearly, they are "out of sight", one firm that will be furious is De Beers: "Diamond trade had also been stopped by tough border controls to curb the spread of the virus." Which means the world's billionaires will have to spend more on bling, and we can't have that.
Actually we jest: nobody cares about Africa - it is on its own.
The AfDB this week donated $60 million toward essential supplies to help train medical workers and purchase supplies to fight the outbreak, which has already killed more than 1,400 people, mostly in Guinea, Sierra Leone and Liberia.
Sadly Africa needs hundreds of millions more, money which it doesn't have... money which represents several minutes of the Fed's daily market manipulating POMO liquidity injection.
And since it won't get it, the epidemic could soon lead to an all out economic depression in west Africa: "Kaberuka described the health care systems of the affected countries as "overloaded". He said he hoped the donation would stop money being diverted away from other programs such as the education and agriculture, thereby reducing the long-term damage from the outbreak."
"We need to begin now to plan what could happen next when Ebola is beaten," he said.
Sure, but let's get there first, and also let's hope that the epidemic, which shows zero signs of abating, doesn't lead to another slashing of GDP other places: places which the general ice-bucket challenge-obsessed public actually does care about. Because printing antibodies is not one of the Fed's "shotgun approach" specialties.
News of note from Africa .....
http://www.8newsnow.com/story/26390898/nigeria-ebola-patient-hid-from-government
Nigeria Ebola patient hid from government
By BASHIR ADIGUN
Associated Press
Associated Press
ABUJA, Nigeria (AP) - A man who contracted Ebola in Nigeria after coming into contact with a traveler from Liberia evaded surveillance and infected a doctor in southern Nigeria who later died, Nigerian health authorities announced Thursday.
The death was the first in Nigeria outside Lagos, the commercial capital. The incident raises the number of confirmed cases in the country to 15, including six deaths.
Health Minister Onyebuchi Chukwu told reporters the man who evaded surveillance has recovered and is now being watched in Lagos. The wife of the doctor who treated him in Port Harcourt is also now being quarantined after she developed symptoms of the deadly disease.
The man is a worker at the Economic Community Of West African States, who was a primary contact of Liberian-American Patrick Sawyer, who flew into Lagos last month and died of Ebola. He recovered after the late doctor treated him for symptoms.
The doctor died on Friday in Port Harcourt and hasn't been buried yet, the minister said, adding that morticians who embalmed him are part of 70 people now under surveillance in Port Harcourt, the capital of Rivers state and a hub for Nigeria's oil industry. The country is Africa's largest oil producer.
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http://www.liberianobserver.com/news/terrified-residents-flee-dogs-eat-ebola-corpses
Terrified Residents Flee As Dogs Eat Ebola Corpses
Wed, 08/27/2014 - 09:16 admin
45 Ebola Bodies Remain Dumped near River in Johnsonville
By:
C.Y. Kwanue
The general Town Chief of Kissi Camp, Upper Johnsonville near Kpekpeh Town, over the weekend informed the Daily Observer that several dogs in the community have torn the plastic wrapped around corpses of Ebola victims and are now feeding on parts of the corpses exposed to them.
As such, Town Chief Tamba Tengbeh expressed fear of the subsequent outbreak of other diseases in the area since some of dogs are domesticated and could cause harm to the already frightened community dwellers.
Chief Tengbeh, in an exclusive interview with this newspaper on Sunday, also complained that the more than 2,000 residents of the area have been suffering an offensive odor of rotting corpses since the bodies were dumped in the nearby Kpanwein River by authorities from the Ministry of Internal Affairs (MIA) without proper burial.
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http://www.liberianobserver.com/news/liberia-quarantined
Liberia Quarantined?
Wed, 08/27/2014 - 08:47 admin
Brussels, Maroc the only remaining Airlines
By:
Keith Morris
Some members of the international community are now closing their respective doors on Ebola-affected, Liberia, as many international airliners suspend flights to Liberia.
Since the second wave of Ebola outbreak in the country early July, many international airlines ranging from US-owned Delta to Air France and Kenya Airways, have all suspended service to the West African nation.
The latest of them was Liberia’s long standing airline partner, Brussels Airlines which until Tuesday, August 26, was indefinitely suspended its Liberia flights. Yesterday stranded travelers breathed a great sigh of relief, welcoming the news that the airline would resume flights on Thursday, August 28.
"The Management of Brussels Airlines has the pleasure to inform its esteemed guests that we have resumed flight operations," a statement from the airliner read. "All passengers originally scheduled to travel on Sunday the 24th and Monday the 25th of August are now rescheduled to fly out of Monrovia on Thursday, the 28th of August."
Passengers are advised to direct any enquiries to the head office of the airline.
Monrovia is now left with only two commercial airlines to and from the country. The other, Royal Air Maroc, is basically unable to address Liberia’s “lightly busy” air traffic.
Although the Moroccan airline is still flying to and from Monrovia, the North African state is reportedly denying passengers from Monrovia, a piece of information this paper could not independently verify.
http://sunnewsonline.com/new/?p=79143
Ebola: Nigeria still under threat –FG
0
•Why govt postponed school re-opening –Chukwu
The Federal Government said yesterday that even though there is only one case of Ebola Virus Disease (EVD), the country was still very much under threat.
It said the country was doing well on containment of the virus, as all the confirmed cases were all traced to the late Liberian American, Mr Patrick Sawyer, the first index case.
The government warned that the country was yet to eliminate the disease because it still had a case of the virus it was managing which might have had a third party contact, “as long as there is a case of Ebola disease, Nigeria is still at risk. We have done well on containment but the problem is not over.”
The Presidency said this is even as it has approved the bill for an Act to establish federal medical centres with uniform functions, managerial and administrative structures to provide tertiary health care services within areas of operation and for connected matters. The government also explained that the sister of the late senior consultant/physician/endocrinologist at First Consultants Hospital, Lagos, Dr. Stella Ameyo Adadevoh, does not have Ebola.
He said the sister was under observation and had been tested and the result is negative, hence, she is free of the disease that killed her sister, who had primary contact with Sawyer.
The Minister of Health, Prof Onyeabuchi Chukwu, stated this while briefing State House correspondents at the end of the Federal Executive Council (FEC) meeting, chaired by President Goodluck Jonathan, which focused on power and health sectors.
Chukwu, alongside the ministers of Information, Labaran Maku and Power, Prof. Chinedu Nebo, said it had become the norm since the EVD hit the country through Sawyer to brief the council on the latest on the virus.
He said Nigeria had recorded 13 cases including the index case out of which seven were managed successfully and discharged, five deaths were recorded while one case is still being managed.
According to the Health minister: “This is a good one for a disease that has 90 per cent mortality rate but we must maintain vigilance.
****
http://reliefweb.int/report/sierra-leone/fresh-warning-over-ebola-regional-crisis-talks-start
Fresh warning over Ebola as regional crisis talks start
08/28/2014 08:46 GMT
by Chris STEIN
ACCRA, August 28, 2014 (AFP) - The Ebola epidemic gripping West Africa will get worse before it gets better, the head of the United States' top health body has warned, as health ministers from affected nations held crisis talks.
The director of the Centers for Disease Control and Prevention, Tom Frieden, said there was no quick fix to what the World Health Organization has called an "unprecedented" outbreak and called for "urgent action".
A total of 1,427 people have died from Ebola since the start of the year, with 2,615 people infected. Most of the deaths have been in Sierra Leone, Liberia and Guinea, with a handful of cases in Nigeria.
But the WHO, medical charities treating the sick and dying and others believe those figures are likely to be far too low because of community resistance to outside medical staff and a lack of access to infected areas.
Frieden told a news conference in the Liberian capital, Monrovia, on Wednesday evening: "The cases are increasing. I wish I did not have to say this but it is going to get worse before it gets better."
His comments, which follow other warnings about the longer-term threat posed by the outbreak and the need for a better global response, came as health ministers of the West African regional bloc ECOWAS gathered in Ghana.
The Economic Community of West African States said the talks in Accra, aimed to strengthen its members' response to the epidemic.
Ebola, which claimed the life of one ECOWAS official in Nigeria's financial capital, Lagos, was "a threat to regional and global public health safety as well as the economic and social security of the affected countries", it said in a statement.
Isolation concerns
There has been mounting concern about the effect of the most lethal outbreak of the tropical virus in history after airlines stopped international flights to the crisis zone.
On Wednesday, Air France became the latest carrier to announce a suspension of its services to Sierra Leone, while British Airways said it was stopping its flights to Freetown and Monrovia until next year.
Royal Air Morocco is now the only airline providing a regular service for both capitals, although the company said that flights were only about 10 percent full from Casablanca.
The United Nations' envoy on Ebola, David Nabarro, this week criticised airlines for scrapping flights, warning that Ebola-hit countries faced increased isolation and made it harder for the UN to carry out its work.
Liberia has been worst hit by the outbreak, with 624 deaths recorded. Sporadic violence, including against hospitals treating Ebola patients, has been seen and some areas of the city placed under quarantine.
Elsewhere, there have been warnings of food shortages in affected countries.
Last week, the Democratic Republic of Congo said 13 people had died with symptoms of an unspecified haemmorrhagic fever. It later confirmed two Ebola cases but said they were unrelated to the West African epidemic.
The UN on Wednesday announced that it was giving Kinshasa $1.5 million (1.1. million euros) to help the country fight the disease, which has seen seven outbreaks since it was first identified in the country in 1976.
Positive signs
The WHO has said that it was encouraged by the response from Guinea and Nigeria, where far fewer cases of Ebola have been recorded than in Sierra Leone and Liberia and public awareness about the virus was higher.
The UN's Nabarro on Wednesday evening met Nigeria's President Goodluck Jonathan and said the country's health authorities had "performed excellently" in controlling the spread.
Five people have died from Ebola out of 13 confirmed cases, all of them in the financial capital, Lagos, while seven have been successfully treated and released from hospital. And another victim was confirmed to have died in the oil city of Port Harcourt on Thursday.
Nigeria's health minister Onyebuchi Chukwu, however, warned that there was no room for complacency, despite only one patient remaining in isolation with the virus.
"Nigeria has been successful at containment. But have we eliminated the disease? No," he told reporters, likening the situation to trapping a wild animal in a cage.
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