Global Growth to Revive Later This Year as World’s Central Banks Agree to Ease Interest Rates

Washington: The global economy is likely to pull out of a brief growth slump later this year with a little help from the world’s central banks and from US and Chinese trade negotiators. Global finance leaders gathered from the spring meetings of the International Monetary Fund and the World Bank agree that the global economy has lost momentum this year. But they expect growth to pick up in the second half of 2019, as central bankers ease up on interest rates.       Still, a trade standoff between the United…

The World’s First Floating Museum Has Docked In Paris

An artist’s view of the new floating art center, Fluctuart, in Paris. FLUCTUART / SEINE DESIGN Fluctuart, a three-story, sustainable, floating building with transparent walls and flexible spaces and entirely dedicated to urban art has docked in Paris, and the art world is in thrall. To be inaugurated in May,  France’s first center for street art and graffiti and the world’s first floating museum will open its doors in the heart of Paris, on the banks of the Seine River at the foot of the Pont des Invalides (the Invalides bridge) facing the Grand Palais. The museum will…

World’s Most Prescribed Medicine: Antibiotics

The increased over-the-counter supply of antibiotics in many countries including India, is worsening antibiotic resistance globally, finds a study highlighting an urgent need for better enforcement of laws. The study found that between 2000 and 2010, the consumption of antibiotics increased globally from 50 billion to 70 billion standard units. A majority of overall increase occurred in India, China, Brazil, Russia and South Africa. “This overuse of antibiotics could facilitate the development and spread of antibiotic resistance. In India, for example, about 57,000 neonatal sepsis deaths occurring annually are due…