For now, wary US treads water with transformed COVID-19

The fast-changing coronavirus has kicked off summer in the US with lots of infections but relatively few deaths compared to its prior incarnations, Associated Press reported.

COVID-19 is still killing hundreds of Americans each day, but is not nearly as dangerous as it was last fall and winter. 

“It’s going to be a good summer and we deserve this break,” said Ali Mokdad, a professor of health metrics sciences at the University of Washington in Seattle.

With more Americans shielded from severe illness through vaccination and infection, COVID-19 has transformed — for now at least — into an unpleasant, inconvenient nuisance for many, according to Associated Press.

“It feels cautiously good right now,” said Dr. Dan Kaul, an infectious diseases specialist at the University of Michigan Medical Center in Ann Arbor. “For the first time that I can remember, pretty much since it started, we don’t have any (COVID-19) patients in the ICU.”

As the nation marks July Fourth, the average number of daily deaths from COVID-19 in the United States is hovering around 360. Last year, during a similar summer lull, it was around 228 in early July. That remains the lowest threshold in US daily deaths since March 2020, when the virus first began its US spread, Associated Press reported.

The tango of inflation and soaring food prices

High inflation has squeezed the budgets of Nepali households. The year-on-year consumer price inflation was 7.87 percent in the 10th month of the fiscal year 2021/22 compared to 3.65 percent the same month a year ago, Nepal Rastra Bank data show. Prices of ghee and oil; fruits; milk products and eggs; and pulses and legumes rose by 24.86 percent, 12.61 percent, 11.30 percent, and 10.53 percent, respectively.

While the grocery list for each household varies, ApEx here considers 10 essential daily items in order to compare their prices in Kathmandu and New Delhi.  Of these items, only two—basmati long grain rice and ghee—are cheaper in Nepal than in India. 

Per kilo potato and wheat flour price, for instance, are Rs 12 dearer in Nepal than in India. The biggest price difference is on peas, at a staggering Rs 127. Prices of sugar, pulses, tomatoes and sunflower oil are also higher in Nepal.   

Nepal’s low agricultural production means most of these grocery items have to be imported from India, driving up their prices. The consumer price inflation in an import-reliant country like Nepal is also heavily influenced by transport cost, which in turn is determined by fuel prices. With oil prices skyrocketing due to the Russia-Ukraine war, imported goods have become costlier than ever. 

Rising trade deficit and import bills are not good for Nepal—and certainly not for its people who earn in a currency that is also fast depreciating against the dollar, the international benchmark. 

We should brace ourselves for long-haul inflation 

Bishal Chalise, economist 

Bishal Chalise

As we import most of our food items from India, higher prices are to be expected here. But there are other reasons for high inflation as well, like the Russia-Ukraine war and our low production and productivity. 

Because of the war, the price of petroleum products has gone up globally, which contributes to price inflation of goods. There is a fear of a possible food crisis, and countries with high agricultural production have started stocking up on food as a backup plan. 

The likes of India, Vietnam and China have significantly lowered export of food items and yet their production has not fluctuated.

But the scenario is different in Nepal. Even though we produce little and are heavily import-reliant, the government has no plans on curbing soaring inflation. Our monetary and other financial policies are ad hoc. We cannot drastically increase our production  as well. This lack of effort augurs a long inflationary phase in Nepali economy. 

Further, we do not have the capacity to use only clean energy and do away with petroleum products. We need fossil fuel for mobility, to transport goods, and to sustain our economy. But a petro-dependent economy is getting increasingly difficult to sustain, what with the global oil prices soaring due to the Russia-Ukraine war. 

Amid this unstable global climate and lack of preparation on the part of our government, we should brace ourselves for long-haul inflation. 

The best way to minimize the crisis is by controlling consumption. Only necessary items should be imported, while consumption should be monitored as well to prevent the wastage of imported goods. Or else, the crisis will get much worse.

DP Dahal’s ‘Hamro pani mann hunchha’ music video released

The music video of ‘Hamro pani mann hunchha’ has been released through the YouTube channel of Delighted Nepal. Natikaji Smriti Award winning lyricist DP Dahal ‘Parishramee’ has written the song and has well presented the sufferings of the blind. 

The song features popular singers Deepak Limbu and Pooja Debkota and music of Purushotam Neupane and arrangement of Keshab Badu. The video is directed by Smriti Timilsena and features actors Kamal Singh and Ayushma Karki. Rita Simkhada Dahal has produced the video. 

Music video here.

Three more persons detected with cholera in Kathmandu Valley

Three more persons have been detected with cholera in Kathmandu Valley on Friday.

With this, the number of people suffering from cholera has reached 17, the Ministry of Health and Population said.

Among them, 12 are men and five are women.