Tag Archives: impact

Job Loss Bigger Blow Than Divorce: Study

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In a new research for Bloomberg, the University of East Anglia and the What Works Center for Wellbeing, an independent body set up by the U.K. government, have revealed that it is worse to loose a job than loosing a spouse in a divorce.

The shock from the fact of getting fired in a job is more painful and impacts on mental health, self-esteem and satisfaction with life, said the data. Unemployment hovers around for years to come and people continue to become increasingly unhappy over the next few years, it said.

“After someone loses a partner, take a big dip and then, on average, it’ll get back to previous levels. But with unemployment, we just don’t see that happening,” said Tricia Curmi of the What Works Center for Wellbeing.

While it took two years to get over loss of spouse, job loss could torment them for more than four years, and men are more vulnerable to mental depression than women from this shock, pointed out the study.

“To have meaning in your life in this society means to be working, contributing, and to have that status,” Curmi said. It is not merely the salary but also the social mixing at the workplace and support from co-workers which keeps men going at the workplace than at home or leading a solo lifestyle.

Extroverts may bounce back quickly but incase of introverts, the suffering will last longer even for years, said another report. Many people who seek divine inspiration get to overcome such problems, Curmi said. “People who regularly attended church had a buffering effect from the impact of unemployment,” she noted.

Trumpeting ‘America First’ Theory Far-Fetched But Feasible

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US President Donald Trump in his first Presidential address has put “America First”, setting the tone for an inward-looking diplomacy that might radically change the course of world events since the Pearl Harbor attack seven decades ago.

“We assembled here today are issuing a new decree to be heard in every city, in every foreign capital, and in every hall of power. From this day forward, a new vision will govern our land. From this day forward, it’s going to be only America first, America first,” he said in his first Presidential speech.

In domestic politics, what President Trump proclaimed was feasible but in international politics, diplomacy varies from capital to capital and region to region. Depending on where he stands, it changes.

To begin with, going westward, America of Trump may seek more from Japan where it has stationed its war fleet round the clock for a sum. Now this has to be a ransom to sustain what Trump wanted. Will Tokyo, stuck in a stagnated economy, tax its citizens more to pay Uncle Sam?

Australia and New Zealand, who fall in line every time an emergency struck the US in the past, may not benefit from America First policy directly but certainly they can look inward for a domestically centred economic push, instead of looking at Washington DC for succour.

Asia is as divided as ever. China may tremble under the pressure of a constant panic button by an erstwhile businessman who may want more concessions or threaten to replete the markets for ever. China may retaliate in many ways including selling its US dollar reserves which are in plenty. This may be an uphill task but once mooted, even the US economy will shake.

India, being a late entrant into the US-dominated international politics after the Cold War, will have to safeguard its Information Technology companies and contracts whether H1B visa is there or not. The time is for Indian honchos to give room to their US counterparts in office space to thwart any direct attack from Trump. It is going to be a roller-coaster ride for Indian IT companies for the next four years.

Pakistan, whose Prime Minister woke up to a sudden phone call from President-elect Trump, may cosy up to the fact that they have to rein in on Islamic leaders either willingly or unwillingly for the next four years. US troops in Afghan border will remain a direct answer to every word that Trump speaks from now onwards. How Taliban in Kabul outskirts reacts to Trump will shape the drone war in the vicinity of Hindukush mountains.

Middle East will remain the major beneficiary from the Trump Administration as long as the Arabs keep their oil wells in tact and hand over the IS agents in return for business considerations. One pointer is that oil prices will be given a push to touch $100 if diplomacy by business is what Trump means.

More of Israel than Iran in Middle East policy will gain currency again. To achieve this, United Kingdom will have to be roped in and NATO alliance has to remain in its place to keep Russia’s Putin in place. US future with Europe is so intertwined that no President can just distance the siblings here.

Africa in the backyard, as usual, with focus on warlords and military mafia who will resurrect terror and attract Trump’s attention eventually tasting his iron-handed approach. Unlike the previous Bush administration, Trump may be forced to involve more in African affairs, for a change now.

Back to borders with other American nations like Mexico, he may build a wall but how much of the cost will be footed by the Mexican drug mafia, if not the Mexican government, will be the major question. Other Latin Americans may wait in the wings for the next administration to take over in 2021.

All said and done, Trump’s slogan remains the same – “Yes, together, we will make America great again.”

Post-Jayalalithaa, Tamil Nadu Braces Cyclone Vardah, Schools Closed

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In less than a week after the demise of J.Jayalalithaa, Tamil Nadu is bracing for the worst storm on Monday, Dec. 12, called Cyclone Vardah with heavy rains and strong winds lashing the coast, forcing shut down of schools and cancellation of flights.

In Andhra Pradesh, the storm is feared to damage the paddy crops and orchards in Ongole and Nellore districts. Andhra Pradesh Chief Minister N Chandrababu Naidu reviewed the situation through teleconference on Sunday evening and advised the officials to keep food and other essential commodities ready.

The storm is likely to hit both Tamil Nadu and Andhra Pradesh coasts with the Indian Navy and the National Disaster Response Force on standby. The expected winds are in the range of 80 to 100 km an hour.

The government has not begun evacuation as the storm is expected to weaken by Monday afternoon. "Arrangements to be made for evacuating people in low lying and vulnerable areas. Relief centres to be kept in readiness along with necessary food, water and other arrangements. Army, Navy, Air-force and Coast Guard have been alerted to be on standby for deployment as and when necessary," a statement from the CM office said.

The Met office said the storm has weakened from very Severe to Severe storm. Already transportation was badly hit and 15 flights have been cancelled and 25 have been diverted so far with 9 of them reporting delay. All schools have been closed in coastal Tamil Nadu cities of Chennai, Kancheepuram, Tiruvallur, and Villupuram. Private firms have been advised to give a holidya to the staff or allow them to work from home on Monday.

The fishermen have been asked not to venture into the sea for the next 48 hours and people in low-lying areas have been advised to move to safer zones.

National Disaster Management Authority, in a tweet, asked people "to remain in safe places and cooperate with state government officials and disaster management agencies".

The Navy said it is ready with relief materials including additional divers, doctors, inflatable rubber boats, integral helicopters and relief material including food, tents, clothes, medicines and blankets to rescue more than 5,000 people.

BREXIT Fall Out: PM Cameron to Quit in October

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Now that the UK has done what was expected in the last one decade, exiting from the European Union, Britain’s Prime Minister David Cameron has decided to quit from the office in October as the referendum went against his wish to continue in the Union.

In India, the government’s reaction is on expected lines that the economy has enough "firepower" to deal with the situation, and that the Reserve Bank of India (RBI) has been "working" on possible eventualities and the Economic Affairs Secretary Shaktikanta Das was upbeat on fundamentals. But let us face it — grim future ahead and perhaps another prolonged period of uncertainty and recession.

The BSE Sensex lost 1,050 points and investors have lost Rs.4 lakh crore in one day. The rupee touched the 68-mark, down by nealry one rupee in one day, indicating its weakness in a globally turbulent economy. "You know the pound sterling have been depreciating so all currencies have been depreciating," defended Das. With $360 billion in foreign exchange reserves with RBI, he said India’s position "is very sound and solid."

While the knee-jerk reaction is likely to cool in a coule of weeks, for Britain the changes will not be overwhelming as it had always played an outsider role within the European Union. Unlike other members, it had kept its currency, the pound sterling in tact and never joined the Schengen zone of passport-free travel in Europe. Its contribution to EU budget is also relatively less than others.

The pound sterling may see downward movement for sometime and so is India’s rupee but for the reality of entirely breaking away from the European Union may take about two years, if the current David cameroon’s government gives its consent and goes ahead with the referendum’s outcome to exit from EU. So, these two years will be sufficient for India to move closer to the UK both in terms of trade treaty and negotiate more opportunites.

While the immigration was a major cause of worry for Indians in Britain, they can breathe easy now with the exit plan putting a cap on 100,000 immigrants per annum taking concrete shape as no more EU immigrants can enter Britain so easily now. With the immigrants stopped from elsewhere, India may leverage the opportunity for a more favourable immigration policy with the UK.

Finally, the oil prices will fall following Brexit and it will squarely put in more reserves in RBI kitty. "So when oil prices decline, Indian economy benefits," said another Indian Finance Ministry official.

UK PM David Cameron to Resign in October.

Researchers Reveal Mechanism that Impairs Blood Flow with Aging

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The Physiological Society’s Journal of Physiology recently published a study led by Erika Boerman, identifying an age-related cause of arterial dysfunction.

 

 

With the world’s elderly population expected to double by 2050, understanding cardiovascular disease, the No. 1 cause of death worldwide, is often highlighted and now University of Missouri researchers have identified an age-related cause of arterial dysfunction, a finding that could lead to future treatments.

“Aging affects everyone and causes changes throughout our bodies,” said Erika Boerman, a post-doctoral fellow in the Department of Medical Pharmacology and Physiology at the MU School of Medicine and lead author of the study. “We found that older arteries had a significantly lower number of sensory nerves in the tissues surrounding them and they were less sensitive to an important neurotransmitter responsible for dilation.”

Boerman’s study focused on mesenteric arteries ― a type of artery that supplies blood to the small intestines ― of mice that were 4 months and 24 months old. These ages correspond to humans in their early 20s and mid-60s, respectively. Without stimulation, the diameter of the blood vessels of both younger and older mice was approximately the same. However, when stimulated to induce dilation, differences between the age groups became apparent.

“The younger arteries dilated as expected,” Boerman said. “However, when we performed the same stimulation to the arteries of older mice, the vessels did not dilate. When we examined the presence of sensory nerves, we noted a 30 percent decrease in the amount surrounding the older arteries compared to the younger arteries.”

Additionally, the researchers found that even when purposefully exposing older mesenteric arteries to defined amounts of the neurotransmitter calcitonin gene-related peptide, or CGRP, the arteries’ ability to dilate was greatly reduced.

“Poor neurotransmitter function and a reduced presence of sensory nerves surrounding older vessels lead to age-related dysfunction of mesenteric arteries,” Boerman said. “The importance of this discovery is that if we can identify why this happens to mesenteric arteries, it may be possible to prevent the same thing from happening to other blood vessels throughout the body.”

More research is needed to understand why aging affects sensory nerve distribution and neurotransmitter performance. However, identifying this new mechanism of vascular dysfunction opens the door for future studies that could eventually lead to the treatment of health issues such as stroke and cardiovascular disease.

The study was published in The Physiological Society’s Journal of Physiology.

Why OROP Issue Was a Pre-poll Harakiri by BJP?

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Modi promised to implement OROP in his 2nd Independence Day speech but war veterans are not ready to quit hunger strike. (PIB)

The One Rank One Pension (OROP) scheme that was hanging on the Finance Ministry for over five years, both the Congress-led UPA government and the BJP-led NDA government under Narendra Modi should own the responsibility for perpetuating it despite full knowledge that it was beyond mere political calculations involving a huge dent on the exchequer.

While the Congress relented just before the election year to benefit from the votes of these 30 lakh beneficiaries, BJP weaned them away promising its immediate implementation. Once in power, the staggering amount of Rs.8500 crore has forced Finance Minister Arun Jaitley to postpone the OROP beyond the second budget, forcing the ex-servicemen to hit the streets and now end up at the Jantar Mantar in hinger strikes.

For those new to the subject, implentation of OROP entails uniform pension benefits for the defence persons who retired in the same rank with the same service term, irrespective of their date of retirement. Current policy entails only those who retired after 1996 to draw more pension than those who retired before, though rank is the same.

With OROP, 22 lakh ex-servicemen and about 6 lakh war widows will get Rs.10,000 more on average. This has become imminent because the current policy entails those who retired after 1996 to draw more pension than those who retired before, though rank is the same.

“Modi has assured us that it will be implemented, but it has been one year,” said retired Colonel Anil Kaul, who is the media adviser to Indian Ex-Servicemen Movement (IESM) that is sprearheading the protest in New Delhi at Jantar Mantar. “The Prime Minister’s voice still echoes in our minds when he roared at the ex-servicemen rally on September 15, 2013, in Rewari and demanded a white paper on OROP from the UPA Government,” said ISEM earlier.

Now that the relay hunger strike entered 65 days, many war veterans who were in the forefront to die for the country are openly preparing themselves to die for the OROP implementation. Strange but no country would have upset its ex-servicemen given a chance.

In case of the Modi’s government too the question is bigger than mere rhetorics. Pumping in Rs.8,500 crore even if it is in incremental way, would mean a huge burden diverting funds from the developmental plans. Secondly, OROP would also undercut the cost of military expenditure on armaments but shows bigger than any other nation in the short run.

Finally, the government has no choice but to implement it. The question is from where will the finance minister draw the funds?