Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

Post by savyinvestor333on Apr 20, 2021 2:55pm
158 Views
Post# 33030609

India is in Bad Shape Right Now

India is in Bad Shape Right Now

Indian capital running out of medical oxygen as pandemic surges

 
ReutersNeha AroraAnuron MitraAditi ShahRupam Jain
5 minutes read
 
 
 
 
 
 
 
 
 
Volume 0%
 

Authorities said hospitals in the Indian capital of Delhi would start running out of medical oxygen by Wednesday as Prime Minister Narendra Modi said the country faced a coronavirus "storm" overwhelming its health system.

Major government hospitals in the city of 20 million people had between eight and 24 hours' worth of oxygen while some private ones had enough for just four to five hours, said Delhi's deputy chief minister, Manish Sisodia.

"If we don't get enough supplies by tomorrow morning, it will be a disaster," he said, calling for urgent help from the federal government.

Modi said the federal government was working with local authorities nationwide to ensure adequate supplies of hospital beds, oxygen and anti-viral drugs to combat a huge second wave of the COVID-19 pandemic.

 

"The situation was manageable until a few weeks ago. The second wave of infections has come like a storm," he said in a televised address to the nation, urging citizens to stay indoors and not panic amid India's worst health emergency in memory.

"The central and state governments as well as the private sector are together trying to ensure oxygen supplies to those in need. We are trying to increase oxygen production and supply across the country," he said.

Modi faces criticism that his administration lowered its guard when coronavirus infections fell to a multi-month low in February and allowed religious festivals and political rallies that he himself addressed to go ahead.

India, the world's second most populous country and currently the hardest hit by COVID-19, reported its worst daily death toll on Tuesday, with large parts of the country now under lockdown amid a fast-rising second surge of contagion.

 

The health ministry said 1,761 people had died in the past day, raising India's toll to 180,530 - still well below the 567,538 reported in the United States, though experts believe India's actual toll far exceeds the official count.

"While we are making all efforts to save lives, we are also trying to ensure minimal impact on livelihoods and economic activity," Modi said, urging state governments to use lockdowns only as a last resort.

1/17

Migrant workers gather at a bus station to board buses to return to their villages after Delhi government ordered a six-day lockdown to limit the spread of the coronavirus disease (COVID-19), in Ghaziabad on the outskirts of New Delhi, India, April 19, 2021. REUTERS/Adnan Abidi

 

DELHI RUNNING OUT OF OXYGEN

One local hospital with more than 500 COVID-19 patients on oxygen has enough supplies for only four hours, Delhi's health minister Satyendar Jain said late on Tuesday.

Tata Group, one of India's biggest business conglomerates, said it was importing 24 cryogenic containers to transport liquid oxygen and help ease the shortage in the country.

The U.S. Centers for Disease Control and Protection has said all travel should be avoided to India, while British Prime Minister Boris Johnson cancelled a visit to New Delhi that had been scheduled for next week, and his government said it will add India to its travel "red list". read more

Several major cities are already reporting far larger numbers of cremations and burials under coronavirus protocols than those in official COVID-19 death tolls, according to crematorium and cemetery workers, the media and a review of government data. read more

 

Delhi reported more than 28,000 fresh infections on Tuesday, the highest daily rise ever, with one in three people tested returning a positive result.

"The huge pressure on hospitals and the health system right now will mean that a good number who would have recovered, had they been able to access hospital services, may die," said Gautam I. Menon, a professor at Ashoka University.

On Tuesday, the health ministry reported 259,170 new infections nationwide - a sixth day over 200,000 and getting closer to the peak of nearly 300,000 seen in the United States in January.

Total coronavirus cases in India are now at 15.32 million, second only to the United States, with epidemiologists saying many more infectious new variants of the virus were one of the main factors behind the latest surge in cases.


<< Previous
Bullboard Posts
Next >>