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Tag: collapse

Covid: Brazil experts issue warning as hospitals ‘close to collapse’

Covid: Brazil experts issue warning as hospitals ‘close to collapse’

World
ReutersHealth systems in most of Brazil's largest cities are close to collapse due to Covid-19 cases, the country's leading health institute warns. More than 80% of intensive care unit beds are occupied in the capitals of 25 of Brazil's 27 states, Fiocruz said.Experts warn that the highly contagious variant in Brazil may have knock-on effects in the region and beyond."Brazil is a threat to humanity," Fiocruz epidemiologist Jesem Orellana told the AFP news agency.The country has recorded more than 266,000 deaths and 11 million cases since the pandemic began. It has the second highest number of deaths in the world after the US and the third highest number of confirmed cases. Despite this, President Jair Bolsonaro has consistently opposed quarantine measures and expert advice on fighting coro...
Greensill collapse leaves 5,000 steel jobs in balance

Greensill collapse leaves 5,000 steel jobs in balance

Business
Some 5,000 jobs in the steel industry are in the balance after Greensill Capital, one of the UK's largest speciality finance companies, went into administration.Greensill, whose advisers include the former prime minister David Cameron, is a major provider of finance to Liberty Steel - the UK's third largest steel company. Liberty, which is part of the GFG Alliance controlled by the so-called "Saviour of Steel" Sanjeev Gupta, employs 3,000 people directly at 11 sites including Rotherham and Stocksbridge in south Yorkshire, Newport in South Wales and Hartlepool. Image: Lex Greensill has enjoyed a rags-to-riches rise It also supports at least 2,000 more jobs in the supply chain.The site at Stocksbridge, where 762 people are employed, is ...
Officials seeking answers to Puerto Rico telescope collapse

Officials seeking answers to Puerto Rico telescope collapse

Technology
The National Science Foundation says it could cost up to $ 50 million just to clean up the debris at a renowned radio telescope that collapsed last year in Puerto RicoBy DÁNICA COTO Associated PressMarch 5, 2021, 9:30 PM• 3 min readShare to FacebookShare to TwitterEmail this articleSAN JUAN, Puerto Rico -- The National Science Foundation said Friday that it could cost up to $ 50 million just to clean up the debris at a renowned radio telescope that collapsed last year in Puerto Rico, adding that investigations into what caused its cables to fail are still ongoing.The update is part of a report that the federal agency, which owns the telescope, had to submit to Congress as the investigation continues into the Arecibo telescope. It was until recently the world’s largest radio telescope and w...
Topshop owner Arcadia on brink of collapse

Topshop owner Arcadia on brink of collapse

Business
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Newcastle fans ‘confused and heartbroken’ by takeover collapse

Newcastle fans ‘confused and heartbroken’ by takeover collapse

Sports
Newcastle United fans say they are "confused" and "heartbroken" following the collapse of the Saudi Arabian-backed takeover. A consortium, led by the country's Public Investment Fund (PIF), agreed a £300m deal to buy the club from Mike Ashley in April but has now pulled out.Greg Tomlinson, from the Newcastle United Supporters' Trust, said "answers are needed from the Premier League". Fellow supporter Michelle George said: "It's left fans devastated."The deal was delayed after being scrutinised under the Premier League's owners' and directors' test.And the consortium, which also included PCP Capital Partners and the Reuben Brothers, has pulled out because it is understood the PIF ran out of p...