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COVID’s rampage means no medical cavalry coming to the rescue

Health workers in protective gear peer from a tent which was constructed to test people for the coronavirus disease (COVID-19) outside the Brooklyn Hospital Center in Brooklyn, New York City, March 27. — REUTERS/ANDREW KELLY

JEFF JENSEN, a critical-care doctor in Rochester, Minnesota, volunteered last spring to bolster New York City’s medical workers during its coronavirus disease 2019 (COVID-19) crisis. The 51-year-old spent two weeks in an ad hoc intensive-care unit at a Brooklyn public hospital.

Now, the pandemic rages in Jensen’s own back yard, but he expects no reinforcements. A nationwide surge of the virus threatens to overwhelm America’s health-care workforce.

“We haven’t extended the request, but I’m confident that there’s no one that could come to help,” said Jensen, who splits his time between Mayo Clinic Rochester and Mayo Clinic Health System in La Crosse, Wisconsin. “They would be busy taking care of the local issues in their community.”

Earlier waves of the pandemic were geographically concentrated: the Northeast in the spring, then Florida, Texas and Arizona in the summer. Today’s cases and hospitalizations are widespread, increasing in 49 states in the past week. COVID cases are reaching records in the US, with the seven-day average climbing to a high of 134,197 Thursday, according to Johns Hopkins University data. One-in-5,000 Americans is currently hospitalized with the virus, the most ever in data aggregated by the Covid Tracking Project.

Without enough workers to care for the ill, hospitals will face brutal triage decisions about which patients can be saved. They may run out of space, forcing the sick to suffer in hallways and improvised intensive care units. And the months of psychic strain on doctors and nurses will redouble.

“Right now, it’s bad everywhere,” said Pete Aftosmes, a vice president at Premier, Inc., which provides purchasing, technology and consulting services to more than 4,000 hospitals. “It’s getting pretty dire at this point.”

VACANCIES SPIKING
Health systems are seeing higher turnover and attrition, and more vacant positions that take longer to fill. Before the pandemic, Premier’s clients typically had 2,500 open requests for clinical staff. That grew to about 9,000 this year, and recently spiked to almost 20,000.

Demand is highest for nurses, who make up the largest part of the clinical workforce. As a result, pay rates are increasing for those willing to travel to areas with the highest demand. Aftosmes said some hospitals are paying as much as $80 to $150 an hour to fill nursing positions. The typical hourly wage for registered nurses is about $35.

Several factors have diminished the supply of clinicians. Some nurses with children can’t work while schools are closed or choose to stay home because they care for elderly relatives at risk for the virus. Others near the end of their careers have opted for early retirement rather than risk exposure.

Staff are also out sick with COVID-19 or quarantining after being exposed. In one health system Premier works with, Aftosmes said 30% of the clinical staff was sidelined for those reasons.

National data on labor constraints at hospitals is hard to find, but information from states and anecdotal reports show it’s putting a ceiling on hospital capacity.

In Minnesota, the number of available beds reported to the state has fluctuated, with some signs of recent declines, according to data analyzed by the COVID-19 Hospitalization Tracking Project at the University of Minnesota’s Carlson School of Management. Intensive-care beds showed a similar drop.

Hospitals report their capacity in “staffed beds” — not just the number of physical beds, but the number that they have workers to operate. The changes in Minnesota likely reflect staff on hand, said Archelle Georgiou, one of the leads on the tracking project. “Certainly beds don’t disappear,” she said.

Having fewer nurses, doctors, respiratory therapists and other clinicians can hurt patient care, said Carlos del Rio, executive associate dean at Emory School of Medicine and Grady Health System in Atlanta.

QUALITY THREATENED
Intensive-care units typically have a ratio of one nurse for two patients. With a lot of patients and not enough staff, he said, nurses might take on four or five patients. “The moment you do that, the quality of care goes down,” he said.

There’s an $18 billion market for health-care staffing, with travel nurses and other professionals taking temporary assignments. Hospitals in rural areas or markets where they have trouble getting people to permanently relocate are particularly reliant on travel staff.

The country’s largest health-care staffing agency, AMN Healthcare Services, Inc., is seeing record demand for nurses. Health systems “are dealing with increasing worker burnout, unanticipated attrition, and the needs of health-care professionals to have time off, after months of stress and strain,” AMN Chief Executive Officer Susan Salka told analysts this month.

Vacancy rates that would typically be around 5% are now closer to 10%, said Landry Seedig, an executive who leads the nursing and allied solutions business at AMN Healthcare. Some hospitals are offering double pay for overtime or bonuses to get the staff they need. “The intent is to attract nurses by paying top dollar,” Mr. Seedig said in an interview. And the need is urgent. “They’re not asking for a nurse four weeks from now,” he said. “They’re asking for a nurse to get here tomorrow.”

Hospitals across the Midwest and West have begun to take steps to preserve capacity as COVID-19 admissions mount.

In North Dakota, Governor Doug Burgum suggested this week that asymptomatic nurses who test positive for COVID-19 could continue to care for Covid patients. The North Dakota Nurses Association resisted, saying the policy wasn’t a long-term fix for shortages.

Federal medical teams have supported hospitals and long-term care facilities in Wisconsin, Montana, Minnesota and Texas in recent weeks. Hospitals in Oregon, Missouri, Illinois, Ohio and Iowa have begun postponing some elective surgeries, according to local media reports.

Health systems in Michigan warned they may have to do the same. Governor Gretchen Whitmer said Covid patients are expected to double in two weeks and at the current rate some hospitals will run short of protective gear. 

‘THIS IS SCARY’
Some worry what the coming wave of COVID hospitalizations will do to a labor force that’s already worn down from months of treating virus patients, sometimes with inadequate supplies. Even before the pandemic, rates of burnout among health-care workers were high.

“There is cause to be concerned about this workforce,” said Katie Boston-Leary, nursing practice and work environment director at the American Nurses Association. Some nurses, she said, “never really took a breath. In some cases, there wasn’t really a lull. The COVID cases never stopped.”

It’s poised to get worse. With COVID cases on the rise everywhere at once, the country doesn’t have the cushion it had in the spring and summer, Ms. Boston-Leary said.

“This is different,” she said. “This is scary.”

Mr. Jensen, the Minnesota doctor, said the effect of exhaustion and infections occurring in the community is evident.

“We just don’t have enough nurses or nurses’ assistants to take care of patients,” he said. “Not just COVID patients, but patients in general.” — Bloomberg

Johnson charges to four-shot lead after Masters third round

AUGUSTA, GA — Dustin Johnson had one arm in the Green Jacket after charging to a four-shot lead with a near-perfect seven-under-par 65 in the third round at the Masters on Saturday.

Johnson matched Jordan Spieth’s record low Masters total for the first 54 holes — 16-under-par 200 — while South Korean Im Sung-jae (68), Mexican Abraham Ancer (69), and Australian Cameron Smith (69) were equal second on 12-under.

“I’ve got a lot of control of what I’m doing, I’m very comfortable standing over the ball right now and that’s a good feeling,” said a typically-understated Johnson, who grew up just across the state border in Columbia, South Carolina.

Ten players were within one stroke starting the third round, but Johnson was a class apart, in control of every facet of his game as he broke clear with a tap-in eagle at the par-five second after almost holing a five-iron.

He never looked back and did not really miss a green until the final hole, where for the first time all afternoon he was forced to call upon his deft short game to save par.

Only two players have surrendered a bigger 54-hole lead at the Masters—Greg Norman (six shots) in 1996 and Ed Sneed (five shots) in 1979.

Rory McIlroy (2011) and Ken Venturi (1956) could not close the deal with four-stroke cushions.

For all his talent, world number one Johnson has only one major title to his credit, the 2016 US Open, a disappointing haul for a player with all the physical attributes necessary for greatness.

A joint runner-up to Tiger Woods here last year, and a perennial major contender, he will take nothing for granted on Sunday, but the final major of an unusual 2020 season is his to win or lose. “If I can play like I did today I think it will break that streak (of close calls),” he said.

“I’ve got a good game plan, I’m not going to change it. As we all know here, if you get it going you can shoot some low scores.

“I’m going to need to play a really good round if I want to win tomorrow.”

SUPREME CONTROL
Seemingly fully recovered from a recent bout of the novel coronavirus, Johnson displayed mastery of his trusty power fade off the tee and was in supreme distance control with his irons, a trusty putter the cherry on the cake.

His performance eliminated the chances of many, including Tiger Woods, who started the round four behind but took 12 holes to record his first birdie.

A 72 that left the 15-times major champion 11 strokes adrift, a sixth Masters title a bridge too far.

World number two Jon Rahm was another who had no answer to Johnson’s brilliance.

The Spaniard shared the halfway lead with Johnson, Thomas, Ancer and Smith, but came unglued at the par-five eighth.

He ran up a double-bogey after his third shot struck a tree and ricocheted into an unplayable lie in a bush.

Though Rahm fought back for a respectable 72, he trailed Johnson by seven shots.

Earlier on Saturday, Rahm was among 48 players who resumed the second round at 7.30 am as the tournament played catch-up after Thursday’s long break for bad weather.

What started out with a morning chill in the air gave way to bright sunshine and pleasant November warmth in this unique spectator-free event being played for the first time in autumn.

“I grew up right down the road so this one would be very special to me,” said Johnson. — Reuters

PVL transitions to a pro league

AFTER nearly a decade of operating under a semi-professional setting, the Premier Volleyball League (PVL) is all set to go full time as a professional league as it continues to bat for the growth of volleyball in the country.

In a joint virtual press conference with the Games and Amusement Board (GAB) on Friday, the PVL officially announced that it has gotten its professional license and now in the process of planning for its moves forward.

“I would like to thank the team owners for supporting the decision to turn the PVL as a professional league. It took time for us to do so but we finally came to a decision to turn pro,” said Ricky Palou, president of Sports Vision, the organizer of the PVL.

“This is a milestone for the league. We had this discussion since 2016, but we felt at the time we were not yet ready as most of our players were students. But right now we think we have enough players to turn professional. We are ready and looking forward to it,” he added.

The PVL traces its roots to the Shakey’s V-League in the 2000s, which featured collegiate teams from University Athletic Association of the Philippines, National Collegiate Athletic Association and Cebu Schools Athletic Foundation and other associations.

In 2011, it turned semi-pro by welcoming corporate and non-school-based teams.

The PVL currently has over a dozen teams, both corporate and collegiate, competing in tournaments it stages.

Unfortunately for the league, 2020 turned out to be a lost year for it because of the coronavirus pandemic.

Notwithstanding its professional status now, the PVL said the mission is still the same—develop the skills of the players further.

“In the past, we had a commercial league and a tournament featuring collegiate teams. We will maintain that. We have two commercial conferences — one with foreign players and another without — and one collegiate tournament,” said Mr. Palou.

The PVL is eyeing a February start for its first season as a professional league.

Mr. Palou said the teams have expressed their commitment to the league to be professional in their affairs with the end view of taking the sport to another plane in standing especially coming off the effects of the pandemic. — Michael Angelo S. Murillo

Barangay Ginebra Kings welcome extra time to prepare after being first to semis

By Michael Angelo S. Murillo, Senior Reporter

THE first team to book a spot in the PBA Philippine Cup semifinals, the Barangay Ginebra San Miguel Kings welcome the extra time to rest and prepare before plunging back into action.

Looking to win its first Philippine Basketball Association (PBA) All-Filipino crown since the 2006-07 season, Barangay Ginebra moved closer to that push being realized after making short work of the Rain or Shine Elasto Painters in their quarterfinal pairing on Friday.

Held a twice-to-beat advantage over the Elasto Painters after winding up as the top seeds at the end of the elimination round, the Kings eliminated their opponents at the first instance, 81-73.

Japeth Aguilar led the way for Barangay Ginebra in the win, finishing with a double-double of 23 points and 11 rebounds.

Aljon Mariano and Prince Caperal had 11 points each for the Kings while Stanley Pringle had 10 markers.

As of this writing, Barangay Ginebra was awaiting who its opponent would be between the defending champions San Miguel Beermen and Meralco Bolts in the best-of-five semifinal series beginning on Nov. 18.

San Miguel and Meralco were to play in a rubber match of their quarterfinal joust later on Sunday.

“We welcome this (extra time) especially in this bubble situation where the games come very fast. Having extra days for rest is a big bonus before heading into a five-game series,” said Barangay Ginebra coach Tim Cone after their win over Rain or Shine.

The Kings coach went on to say that regardless of who they would face in the semifinals, either way it would be tough for them.

“San Miguel has been having some injuries to its players. But guys are stepping up and doing a great job so far. They are still capable,” he said of the four-seeded Beermen, who are playing without June Mar Fajardo and Terrence Romeo in the tournament because of injury.

“As for Meralco you know our history with them. We know them and they know us.”

TEAMS EXIT BUBBLE
Meanwhile, eliminated teams in the PBA bubble in Clark City have exited.

The Terrafirma Dyip, NLEX Road Warriors, Northport Batang Pier, and Blackwater Elite were the first to go home following the conclusion of the elimination round early last week.

Rain or Shine and the Alaska Aces made their way out on Sunday morning while the Magnolia Hotshots Pambansang Manok were to follow suit in the afternoon.

Alaska and Magnolia were eliminated in the quarterfinals by the TNT Tropang Giga and Phoenix Super LPG Fuel Masters, respectively, on Saturday.

The PBA bubble tournament in Clark City is heading into the homestretch after the league restarted its coronavirus pandemic-hit season on Oct. 11.

Games are being played at the Angeles University Foundation gym with the Quest Plus Hotel inside Mimosa serving as the official home of all the participants.

To guard against the spread of the coronavirus, the league has regular swab testing of all participants and protocols that everybody must follow.

Young Gilas pool for Asia Cup window has future in mind — SBP

ON Friday, the Samahang Basketbol ng Pilipinas (SBP) released the names of players making up the pool for the Gilas team seeing action at the International Basketball Federation (FIBA) Asia Cup 2021 qualifiers later this month in Manama, Bahrain.

The 16-man pool of amateur and collegiate stars, the SBP said, was assembled with the end view of preparing them for the long haul, in line with the sports body’s vision of having more available talents for future competitions, including the 2023 FIBA World Cup where the Philippines is one of the hosts.

Part of the group of players in consideration for the Asia Cup window which will begin play on Nov. 26 are Kobe Paras, Juan and Javi Gomez De Liano and Jaydee Tungcab of the University of the Philippines, Dwight Ramos, Dave Ildefonso and Will Navarro of Ateneo, Justine Baltazar of La Salle, and Calvin Oftana and Kenmark Carino of San Beda.

They join Gilas Philippine Basketball Association (PBA) draftees Matt and Mike Nieto, Rey Suerte, Isaac Go and Allyn Bulanadi.

Angelo Kouame of Ateneo is also included as a naturalized player, but whether he gets to play is to be determined as his status is still being deliberated on by lawmakers.

Coaching the team will be the group headed by SBP program director Tab Baldwin, Jong Uichico and Boyet Fernandez.

“In forming the team, we took into consideration everything, including the availability of PBA players,” said Ryan Gregorio, special assistant to the SBP president (Al Panlilio), on The Chasedown program on Saturday.

“But we know the kind of sacrifices they (pro players) made inside the PBA bubble. So. we decide to give them ample time to rest, not only their body but also their minds. And this is a great opportunity for us to restart our idea of relaunching our program. We drafted a lot of collegiate players entering the PBA and also this is a good showcase for them together with other college athletes,” he added.

But despite having young players in tow, Mr. Gregorio underscored that the goal in the Asia Cup window is to compete and win.

Currently, the Philippines sports a 1-0 record in Group A of the qualifiers after defeating Indonesia, 100-70, in February, behind Korea (2-0).

Gilas is set to face Thailand (0-1) twice in the November window (Nov. 26 and 30) and Korea once (Nov. 28).

The latter, however, made it known it would not be sending a team to Bahrain to compete because of the ongoing concern with the coronavirus pandemic.

“We still don’t know what the verdict will be [on the Korea decision), whether it will be forfeiture or reset [of the game]. But on our part, we are just making sure we will be represented in the tournament as advised by our chairman emeritus Manny V. Pangilinan. We will play Thailand twice and Korea once. Hopefully, we win those,” said Mr. Gregorio.

The team has already gotten approval from the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) to hold training at the INSPIRE Sports Academy in Calamba, Laguna, as part of its preparations. — Michael Angelo S. Murillo

France eclipse holders Portugal to reach Nations League final four

LISBON — France handed defending Nations League champions Portugal a rare defeat on Saturday, winning 1-0 in Lisbon with N’Golo Kante’s second-half strike to reach the competition’s final four at the expense of the holders.

Anthony Martial missed three clear-cut first half chances for France before Kante scored only his second international goal in the 54th minute, and his first since 2016, to end Portugal’s run of five successive clean sheets.

World champions France went top of Group A3 with 13 points from five games, three ahead of Portugal and with the better head-to-head record to give them an unassailable lead. It was only Portugal’s second defeat since the 2018 World Cup.

“Given the quality of the opposition, it is of course one of our best performances of recent times,” France coach Didier Deschamps said of Portugal, who are the European champions.

“We deserved the win and we’ve fulfilled our objective of finishing top. I’m very proud of the players. They proved tonight that France is still a great team.”

Antoine Griezmann set up Martial’s first chance in the 12th minute with a slide-rule pass, but Portugal’s excellent goalkeeper Rui Patricio blocked it at point-blank range.

Martial then diverted Adrien Rabiot’s acrobatic effort onto the bar with his head and saw another effort brilliantly saved at close range by Patricio from Lucas Hernandez’s cross.

At the other end, Cristiano Ronaldo forced a diving save from France captain Hugo Lloris and also wasted a free kick which he drove straight into the wall.

France finally broke through just as Portugal appeared to be imposing themselves. Griezmann slipped another ball through to Rabiot, whose shot was parried by Patricio and Kante was on hand to score from the rebound.

Portugal had three chances go begging in the same attack, including a Jose Fonte header against the post, and Lloris made a one-handed save to parry a raking drive from Joao Moutinho, who then saw his cross evade three forwards as France held out.

“I don’t know what went wrong in the first half. It wasn’t what I expected, but it was my responsibility,” said Portugal coach Fernando Santos.

“We were better in the second half, but then conceded the goal which settled the game… we had three or four chances to equalize.” — Reuters

Eustaquio hacks win in rough night for Team Lakay

FRIDAY’S “ONE: Inside The Matrix III” proved to be a rough night for Baguio-based Team Lakay after only one of its three featured fighters came out victorious.

Former ONE Championship world flyweight champion Geje “Gravity” Eustaquio saved his team from being shut out in the Singapore event by defeating South Korean Song Min Jong by unanimous decision in their scheduled three-round co-main event.

Fighting anew after his last fight in November 2019, Mr. Eustaquio (13-8) made it back-to-back wins by dominating Mr. Song in a fight where the Filipino showed a lot of bounce in his game.

Mr. Eustaquio was in his element, using his experience in keeping his opponent’s attempt at controlling the match at bay.

The South Korean tried to employ his grappling, but Mr. Eustaquio would have none of that en route to getting the nod of all judges for the UD victory.

Not so fortunate, meanwhile, were former bantamweight champion Kevin “The Silencer” Belingon and strawweight Lito “Thunder Kid” Adiwang, who lost to Brazilian John Lineker and Japanese Hiroba Minowa, respectively.

Mr. Belingon fell by technical knockout in the second round while Mr. Adiwang was edged out in a split decision.

Despite going 1-2 for the night at Inside The Matrix III, Team Lakay remains optimistic of what lies ahead for it moving forward just as it thanked its supporters for having its back.

“In spite of the losses, we, as Team Lakay, would like to thank all of the true Lakay fans who have supported us through and through. Whether it be wins or losses, you are still there with us. Aside from family and honor, you, our fans have been one of our motivations to keep on pushing through… as we enter the ring/cage,” Team Lakay wrote on its official Facebook page.

Next for ONE Championship is the fourth edition of its “Inside The Matrix” offering on Nov. 20 also in Singapore. — Michael Angelo S. Murillo

Difficult tandem

It took the Rockets — or, to be more precise, James Harden and Russell Westbrook — a mere season to conclude that their partnership doesn’t work. For all the sterling numbers they continued to put up, they basically ran the offense in a “your turn, my turn” manner. And their tendency to hog the ball wasn’t merely borne of personal preference; it was necessary in order for them to maximize their talents. Each All-Star had to have full command of the leather to get humming, during which time the other couldn’t help but stay stationary in the periphery.

That the Rockets went all in on the experiment despite ample on-paper evidence of its failings signified their willingness to do something — anything — to change their fortunes. Harden’s frequent run-ins with notably difficult backcourt mate Chris Paul made the latter expendable, and the Thunder became alluring trade partners following the departure of leading scorer Paul George. It likewise didn’t hurt that Westbrook’s salary matched with that of the point god. The result was a deal that led to the reunion of former teammates, albeit at the expense of future draft picks. The complete commitment to small ball then sent center Clint Capela packing.

Considering the Rockets’ boldness, it’s just too bad that the results exposed them to have been foolhardy at best. Once again, they exited the playoffs early, and the development made casualties of head coach Mike D’Antoni and general manager Daryl Morey. And with new management in place, Harden has reportedly stayed incommunicado. Meanwhile, Westbrook is demanding to be moved, and to an extent that makes it a matter of when and not if. The problem is his contract, which runs until 2023; he cuts the second most expensive paycheck in the National Basketball Association, and it’s fair to wonder whether his advancing age and swooning efficiency give potential employers fair value for money.

Make no mistake. There will be suitors. Westbrook is too unique a player not to be a tantalizing prospect for franchises compelled to be gamblers in search of respect and respectability. He puts backsides in seats, and, under the right circumstances, can catapult teams otherwise on the fringes to contention. On the other hand, the pandemic has made his box-office pluses irrelevant, while his ceiling limits his effectiveness to middling franchises that will then have to reconstruct their rosters to suit him. Which, in a nutshell, is why the Rockets will need to make accepting him worth their while.

Whether Westbrook will start his 2020-21 campaign in another uniform remains to be seen. The short turnaround time won’t be of help as he seeks greener pastures, and he may well have to resign himself to staying with the Rockets in the near term. They don’t want that, of course, and will be breaking the bank in a buyer’s market just to ensure addition by subtraction. Else, they’ll risk losing Harden as well. Pity the fans who deserve better, but who will, it seems, again be consigned to accept another season of disappointment.

 

Anthony L. Cuaycong has been writing Courtside since BusinessWorld introduced a Sports section in 1994. He is a consultant on strategic planning, operations and Human Resources management, corporate communications, and business development.

China finds coronavirus on frozen beef, tripe from various countries

BEIJING — The eastern Chinese city of Jinan said it has found the new coronavirus on beef and tripe, and on packaging for these products, from Brazil, New Zealand, and Bolivia as China ramps up testing on frozen foods.

The importers were a unit of Guotai International Group and Shanghai Zhongli Development Trade, the Jinan Municipal Health Commission said in a statement on its website late on Saturday.

The entry ports were Shanghai’s Yangshan port customs and outer port customs, it said. The statement from the city in Shandong province did not name the companies that shipped the products.

More than 7,500 people who may have had contact with the contaminated products and other related personnel have tested negative for the virus that causes COVID-19, it said.

Chinese authorities last week found the coronavirus on the packaging of Saudi shrimp in Lanzhou city, Brazilian beef in Wuhan city, and Argentinian beef in Shandong and Jiangsu provinces.

China is the world’s top beef buyer and Brazil and Argentina its largest suppliers.

Zhengzhou, the capital of Henan province in central China, detected coronavirus on the outer packaging of frozen pork from Argentina on Friday, local authorities said in a statement late on Saturday on the social media platform WeChat.

The samples that tested positive came from a 24-tonne batch of frozen pork that was sent from a cold storage facility in Qingdao port to a warehouse for a market in Zhengzhou city.

The batch was found to be contaminated during a screening before the goods could enter the warehouse, the government said.

The World Health Organization says the risk of catching COVID-19 from frozen food is low, but China has repeatedly sounded alarms after detecting the virus on imported food products, triggering disruptive import bans.  — Reuters

Death toll from year’s deadliest typhoon in Philippines climbs to 67

MANILA — The death toll from the deadliest cyclone to hit the Philippines this year has climbed to 67, with 12 people still missing, the national disaster management agency said on Sunday.

President Rodrigo R. Duterte was scheduled to fly to the northern Tuguegarao province later in the day to assess the situation in Cagayan Valley region, which was heavily flooded after Typhoon Vamco dumped rain over swathes of the main Luzon island, including the capital, metropolitan Manila.

Twenty-two fatalities were recorded in Cagayan, 17 in southern Luzon provinces, eight in Metro Manila, and 20 in two other regions, said disaster agency spokesman Mark Timbal.

Twenty-one people were injured, he said.

Many areas in Cagayan, a rice- and corn-producing region of 1.2 million people, remained submerged as of Sunday, according to media reports.

Heavy flooding, caused by the accumulated effects of previous weather disturbances, as well as water from a dam and higher plains affected thousands of families, some of whom had fled to rooftops to escape two-storey high floods.

The damage to agricultural commodities due to floods was initially pegged at 1.2 billion pesos ($25 million), while infrastructure damage was estimated at 470 million pesos, Mr. Timbal said.

Nearly 26,000 houses were also damaged, he said.

Relief and rescue operations continued while the nearby Magat Dam was still releasing water, two days after releasing a volume equivalent to two Olympic-size pools per second, based on government data.

Vamco, the 21st cyclone to hit the Philippines this year, tore through Luzon late on Wednesday and caused the worst flooding in years in parts of the capital.

It followed Super Typhoon Goni, the world’s most powerful storm this year, which brought heavy rain to southern Luzon provinces and killed scores of people just a few days earlier. —  Reuters

BusinessWorld Insights: It Takes a Village to Manage Diabetes

Diabetes is one of the leading causes of death among Filipinos. Despite this, there’s still a pressing need to push the conversation about diabetes to ensure that Filipino patients get the best knowledge and treatments they deserve.

In celebration of the World Diabetes Day, join #BusinessWorldInsights​, presented by Mercury Drug Corporation and MSD in the Philippines, in another interesting session with the theme: “It Takes a Village to Manage Diabetes: Usapang Dyabetis — Bayanihan para sa Kalusugan”.

Stocks dip as investors deal with virus cases, typhoon damage

Local shares declined on Friday as investors worried about the economic impact of the rising COVID-19 cases and the damage brought by Typhoon Ulysses on many parts of Luzon, including the country’s capital.

The Philippine Stock Exchange index (PSEi) ended the session down by 54.38 points or 0.77% to close at 6,969.88. The day before, the market was closed for trading due to bad weather caused by the typhoon’s onslaught.

The broader all-shares index decreased by 0.47% or 19.25 points to finish at 4,083.55.

“Local shares ended the week lower as investors continued to deal with the rising number of COVID-19 cases and its potential economic impact. In addition many investors remained on the sidelines to assess the damage brought about by Typhoon Ulysses,” Regina Capital Development Corp.’s Managing Director Luis A. Limlingan said in a Viber message.

He said investors were also weighing the plan of US President-Elect Joe Biden to place the country under weeks-long lockdown to stem the transmission of the virus.

For Diversified Securities, Inc. equity trader Ancieto K. Pangan, the local market continued its downtrend in line with many regional markets on Friday.

The majority of the sectoral indices ended Friday’s session with losses. Financials declined by 21.48 points of 1.59% to 1,326.57; holding firms decreased by 108.77 points or 1.49% to 7,215.79; industrial went down 122.45 or 1.33% to 9,072.19; and services dipped by 1.25 points or 0.08% to 1,541.07.

Meanwhile, property gained 50.93 points or 1.46% to 3,528.59; and mining and oil inched up by 18.23 or 0.22% to 8,298.94.

Mr. Pangan said in a text message that the mining and oil sector experienced sustained momentum because of a weak dollar while the property sector continued to improve due to the easing of lockdown restrictions.

Value turnover stood at P10.7 billion, with about 1.80 million switching hands, down from Wednesday session’s P14.5 billion at 2.04 million shares.

Advancers led decliners, 119 against 85, with 54 unchanged. — A. Y. Yang