Home » Posts tagged 上海夜网LP

Another Thai province reports H5N1 outbreak

first_imgNov 13, 2008 (CIDRAP News) – Officials in Thailand said today that H5N1 avian influenza struck poultry in Uthai Thani, the second province to report the virus in less than a week.Sakchai Sriboonsue, director-general of the province’s livestock department, said laboratory tests detected the H5N1 virus in chickens from a backyard farm after several of the birds died, according to a report today from the Associated Press. Uthai Thani is in northern Thailand.On Nov 11, Thai officials reported an outbreak in Sukhothai province, the country’s first in about 10 months. Sukhothai is located north of Uthai Thani.In their report to the World Organization for Animal Health (OIE) detailing that outbreak, Thai authorities said five birds at the affected household were first thought to have died from Escherichia coli infections and intestinal parasites. However, samples submitted to the National Veterinary Laboratory in Bangkok revealed the H5N1 virus. The report said authorities were still investigating the source of the virus.Yesterday media outlets in Thailand reported more potential outbreaks in Sukothai province. The Bangkok Post reported that livestock officials discovered the virus on a fighting cock farm in Sawankhalok in the northern part of the province. Initial tests confirmed the birds were infected with an avian influenza virus, but officials were awaiting the results of tests to identify the strain. The Post report said no bird deaths were reported at the farm.Also, The Nation, a Bangkok newspaper, reported that the virus had spread to another farm in Sawankhalok district, killing 30 chickens. Public health officials buried the dead birds, sent samples for testing, disinfected the village, and targeted 385 chickens from nearby farms for culling, according to the report.In other developments, Thailand’s public health ministry today put nine northern provinces under special watch for avian influenza, according to Xinhua, China’s state news agency. The Post listed the provinces as Phitsanulok, Tak, Phetchabun, Sukhothai, Uttaradit, Nakhon Sawan, Uthai Thani, Kamphaeng Phet, and Phichit.Officials also told hospitals in the provinces not to wait for lab test results before treating patients who have suspected H5N1 infections or who live in areas where birds have died, Xinhua reported.Elsewhere, a local newspaper in Vietnam, Liberty Saigon, reported that the People’s Committee in Nghe An province, in the central part of the country, confirmed that H5N1 struck about 1,000 birds at the Dien Hong commune, according to a report yesterday from Xinhua.In early October the same province reported that the virus hit about 300 ducks at a small farm, according to earlier reports.See also: Nov 10 OIE reportNov 10 CIDRAP News story “H5N1 hits poultry in Thailand”last_img read more

Continue reading

IBM scheme in Netherlands reports 3% loss over 2013

first_imgThe Dutch pension fund of IT giant IBM has reported a 3% loss over 2013, despite a positive return on its investments of 0.3%.In its annual report, the scheme attributed the performance to the effect of rising interest rates on its interest swaps and swaptions, which it uses to hedge the interest risk on its liabilities.However, it said the positive effect of the adjusted discount rate on its nominal funding largely offset the impact of rising rates.Its coverage ratio fell by 1.2 percentage points to 121.9% at year-end but is still 97.4% in real terms. The pension fund’s financial position enabled the scheme – also known as SPIN – to grant participants in its defined benefit plans an indexation of 1.73% and 2.13%. Following the new discount rate – the three-month average of interest rates plus the ultimate forward rate – it reduced its interest hedge from 100% to 90%. SPIN manages pension assets of €3.9bn, largely in defined benefit arrangements, with €300m in a defined contribution plan, and has 14,165 participants in total. Its assets have been invested in a 70% fixed income portfolio and a 30% securities portfolio.The scheme said last year’s rate increase caused a 2.6% loss for participants in the last of the five age groups in its defined contribution plan due to the large proportion of fixed income in their investment mix.“However,” the SPIN board added, “the increased interest rates also had the benefit that retiring participants could purchase a better pension from insurers with their accrued assets.”The youngest age group in SPIN’s defined contribution scheme – with 90% equity allocation – saw its investments return nearly 19%.The IBM scheme, which did not disclose specific investment results, also confirmed that it replaced French government bonds with Dutch ones last year.SPIN said it planned to review its investment mix due to low interest rates and the effects of rising rates and inflation on indexation.It added that it also wanted to assess the investment portfolio for its DC plan extensively.SPIN will also examine whether the pension fund’s structure needs to be adjusted for a “proper implementation” of the DB and DC scheme, and said it would look in particular at costs, governance and risk management.The scheme reported administration costs of €588 per participant and said it spent 0.46% of its assets on asset management last year.last_img read more

Continue reading