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Should the government compensate for COVID deaths?

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India’s Supreme Court has ruled that the Indian government is bound by law to compensate the families of those who died from COVID.

The National Disaster Management Authority now has six weeks to frame guidelines for the payouts.

The court says the disaster management body will decide on the amount of money, which may not be too high given the current economic conditions of the country.

Grim milestone

The verdict now adds to the mounting criticism of Modi’s government handling of the pandemic, with India’s death toll about to reach 400,000 this week.

The coronavirus variant first detected in India has spread to more than 50 territories.

The coronavirus variant first detected in India has spread to 53 territories

Last month, the World Health Organization has received information from unofficial sources that the Indian variant has been found in seven other territories

This now takes the potential total to 60.

The report said B.1.617 had shown increased transmissibility, while disease severity and risk of infection were under investigation.

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Leaders

Trump does not want another debate rematch with Harris

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Republican nominee Donald Trump said on he would not participate in another presidential debate against Kamala Harris ahead of the Nov. 5 election.

“THERE WILL BE NO THIRD DEBATE!” the former president wrote on social media site Truth Social.

Although Trump touted his performance on Tuesday against Harris, six Republican donors and three Trump advisers believe Harris had won the debate largely because Trump was unable to stay on message, according to a report by Reuters. #featured #trending

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Billionaire & engineer make history after world’s first private space mission

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A billionaire and an engineer have made history with the world’s first private spacewalk aboard SpaceX’s Crew Dragon capsule.

Jared Isaacman and Sarah Gillis stepped outside SpaceX’s Crew Dragon capsule for nearly two hours, tethered to the craft as it orbited Earth.

This risky mission tested new spacesuits and technology, pushing the limits of private space travel. #featured #trending

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Money

What to expect for IPO markets

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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