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China aims to be a stabilizing force as global financial markets gyrate

China aims to be a stabilizing force as global financial markets gyrate

Finance
A staff worker wearing a protective mask and protective suit checks a visitor's body temperature with a temperature gun by a monitor showing the current stock information at the Shanghai Stock Exchange Building on March 20, 2020 in Shanghai, China. Health authorities of China said the country has passed the peak of the COVID-19 epidemic on March 12.Yifan DingBEIJING — In face of the new coronavirus' shock to global financial markets, China aims to be a stabilizing force — beginning with its own markets.Amid calls from global leaders for more international cooperation, it's still unclear to what extent it's possible at this point. And when it comes to China, there are pressing domestic issues that authorities need to consider, such as high debt levels, need for foreign capit...
Gastric banding, metformin equally effective at stabilizing type 2 diabetes

Gastric banding, metformin equally effective at stabilizing type 2 diabetes

Health
Oct. 3 (UPI) -- Metformin, a longtime and low-cost drug, was as effective as gastric banding at stabilizing type 2 diabetes, though surgery is more effective for weight loss, according to a new study. While gastric banding is aimed at reducing weight, metformin is designed for treatment of type 2 diabetes. It has been found, however, to also help reduce weight in patients -- though somewhat inconsistently -- marking an additional use for the drug. Researchers involved with the BetaFat study, at the University of Southern California, Los Angeles and Kaiser Permanente Southern California, found both methods could be effective for patients, depending on the particular patient. The clinical study enrolled 88 participants aged 21 to 65 years old with mild to moderate obesity and prediabetes or...