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Covid: UK death rate ‘no longer Europe’s worst’ by winter

Covid: UK death rate ‘no longer Europe’s worst’ by winter

Health
Getty ImagesThe UK death rate during the second wave of the pandemic was not the worst in Europe - but it remained one of the 10 worst-affected countries.By the end of June 2020, the UK had the highest excess mortality in Europe, according to figures from the ONS. But by December it had been overtaken by Poland, Spain, Belgium, Bulgaria, the Czech Republic and Slovenia.Nevertheless, the UK had one of the highest excess death rates among people under the age of 65 in 2020 at 7.7%. Excess mortality is the number of deaths by any cause that happen over and above the average for that time of year.Meanwhile, the government's separate daily UK coronavirus figures show the number of deaths within 28 days of a positive coronavirus test are continuing to fall. On Friday, the UK reported a further 1...
EPFO likely to declare rate of interest on EPF deposits for 2020-21 on March 4

EPFO likely to declare rate of interest on EPF deposits for 2020-21 on March 4

Finance
NEW DELHI: Retirement fund body EPFO is likely to announce the rate of interest on provident fund deposits for financial year 2020-21, on March 4, when its Central Board of Trustees will meet at Srinagar. The Employees' Provident Fund Organisation (EPFO) is likely to take up the proposal to announce rate of interest for 2020-21 at its Central Board of Trustees (CBT) meeting scheduled on March 4, source said. Talking to PTI, K E Raghunathan, an EPFO trustee said that on Monday he received the intimation that the next CBT meeting is scheduled to be held on March 4, at Srinagar and that the agenda papers are likely to be sent soon. He said that there is no mention about discussion on interest rate for 2020-21 in the intimation mail. Speculation is rife that the EPFO may lower interest on prov...
The Latest: Africa CDC says fatality rate higher than global

The Latest: Africa CDC says fatality rate higher than global

Health
NAIROBI, Kenya — The head of the Africa Centers for Disease Control and Prevention says the COVID-19 case fatality rate on the continent “is becoming very troubling” as it creeps ever higher than the global one.John Nkengasong told reporters that the fatality rate on the 54-nation continent is now 2.6% while the global one is 2.2%.Twenty African countries including South Africa, Sudan and Congo have rates higher than the global average as a resurgence of cases in parts of the continent has a far deadlier toll than the initial wave of infections last year.Africa’s confirmed deaths in the pandemic are approaching 100,000, with more than 3.6 million cases overall.Nkengasong says “it would be a tragedy if we begin to normalize these deaths.”As COVID-19 vaccines finally begin to arrive on the c...
Cuomo proposal would raise top tax rate for New York City to 14.7%, highest combined rate in nation

Cuomo proposal would raise top tax rate for New York City to 14.7%, highest combined rate in nation

Finance
Lev Radin/Pacific Press/LightRocket via Getty ImagesNew York Gov. Andrew Cuomo proposed raising taxes on the wealthy to a combined level of 14.7%, which would be the highest state-and-local tax rate in the nation.The tax increase would raise $ 1.5 billion for the state, Cuomo said Tuesday in an address unveiling his 2022 budget proposal.More from Personal Finance:IRS may have paid $ 57 million in error for Trump tax breakTeachers are next in line for the Covid vaccineStates have tried seizing unemployment benefits during the pandemicThe move would be part of a three-pronged approach — raising revenue, cutting expenses and borrowing — to cover the state's historic budget shortfall due to Covid-19, Cuomo said."New York cannot manage a $ 15 billion deficit," according to Cuomo, who said th...
Bank of Baroda reduces lending rate by 15 bps to 6.85%

Bank of Baroda reduces lending rate by 15 bps to 6.85%

Finance
NEW DELHI: Bank of Baroda, India's third largest public sector bank, announced a reduction in Baroda Repo Linked Lending Rate (BRLLR) from seven per cent to 6.85 per cent. The rate cut would be effective from November 1, 2020. With the cut in the external benchmark repo linked rate, all retail loans of the bank would get automatically adjusted. The customers availing home loan, mortgage loan, car loan, education loan, personal loan and all other retail loan products could avail of this benefit. Earlier, ahead of the festive season, the bank had announced a concession in interest rates on home loans and car loans. Now with the revision of BRLLR, home loan rates start at 6.85 per cent, car loan rates at 7.1 per cent, mortgage loan rates at 8.05 per cent and education loan rates at 6.85 per c...