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  • IMF Staff Completes 2025 Article IV Mission with Nigeria – International Monetary Fund (IMF)

    1. IMF Staff Completes 2025 Article IV Mission with Nigeria  International Monetary Fund (IMF)
    2. Nigeria: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nigeria  International Monetary Fund (IMF)
    3. IMF reviews Nigeria’s GDP growth rate forecast for 2025, projects 3.4% increase  TheCable

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  • Healthy lifestyle lowers risk of diverticulitis despite genetic susceptibility

    Healthy lifestyle lowers risk of diverticulitis despite genetic susceptibility

    Maintaining a healthy lifestyle-specifically, a diet rich in fibre but light on red/processed meat, regular exercise, not smoking, and sticking to a normal weight-is linked to a significantly lower risk of diverticulitis, finds a large long term study, published online in the journal Gut.

    What’s more, these 5 components seem to offset the effects of inherited genes, the findings indicate.

    Diverticulitis occurs when ‘pouches’ develop along the gut and become inflamed or infected in the wall of the large intestine (colon), explain the researchers. It’s a common cause of hospital admissions and a major reason for emergency colon surgery, they add.

    Genetic and environmental factors, including lifestyle, contribute to the development of the condition, but it’s not clear exactly how these factors interact or the extent to which lifestyle might offset the genetic risk, they say.

    To shed more light on this, the researchers derived an overall healthy lifestyle score (0-5) for diverticulitis from survey responses for 179,564 participants drawn from three prospective studies: the Nurses’ Health Study (NHS), NHSII, and the Health Professionals Follow-Up Study.

    The score was based on 5 elements that have independently been associated with heightened risks of developing diverticulitis: smoking; weight (BMI); physical activity; fibre intake; and red/processed meat intake. 

    The association between this score and incident diverticulitis was confirmed among 30,750 participants in the Southern Community Cohort Study (SCCS). 

    Genetic risk was assessed using a polygenic risk score (PRS) in 36,077 people with available genotype information. 

    During a monitoring period of 20 years, 10,299 new cases of diverticulitis were recorded. The 5 lifestyle factors were each significantly associated with the development of the condition. 

    For example, compared with participants with a BMI below 25, those who were overweight were 32% more likely to develop diverticulitis, while those who were obese were 44% more likely to do so. 

    Participants who had formerly or who were still smoking were, respectively, 17% and 13% more likely to be diagnosed with diverticulitis than those who had never smoked. And higher levels of physical activity were associated with a 16% reduced risk compared with lower levels. 

    While higher fibre intake was associated with a 14% lower risk, higher red meat intake was associated with a 9% increased risk. 

    And every 1-point increase in healthy lifestyle score was associated with a 12% lower risk of diverticulitis. Participants with a score of 5 were 50% less likely to be diagnosed with the condition than those with a score of 0.

    The findings were consistently observed across all three studies and in different racial groups.

    The association between healthy lifestyle score and incident diverticulitis was confirmed among 30,750 participants in the Southern Community Cohort Study (SCCS). 

    Some 2183 new cases of diverticulitis were reported during an average monitoring period of nearly 12 years in this group. Those with a healthy lifestyle score of 3–5 had a substantially lower risk (31%) than those with a score of 0. 

    Genetic risk was assessed using a polygenic (cumulative) risk score (PRS) in 36,077 people with available genotype information in the NHS, NHSII, and HPFS groups.

    There were no notable differences in lifestyle factors across PRS categories, but PRS was significantly associated with incident diverticulitis. For each unit increase in PRS, the risk increased by 58%, and was particularly evident among those under the age of 60. 

    And a healthy lifestyle seemed to offset genetic susceptibility to the condition. For example, those in the lowest PRS category and with a healthy lifestyle score of 4-5 were 37% less likely to develop diverticulitis compared to those with a score of 0.

    Similarly, those with a medium PRS were 48% less likely to do so, while those in the highest PRS category were 50% less likely to do so. Further analysis showed that adopting a healthy lifestyle might prevent 23–42% of diverticulitis cases across PRS categories.

    And when the effect of PRS and a healthy lifestyle score were combined, those in the highest PRS category with a healthy lifestyle score of 0 or 1 were 5 times more likely to develop diverticulitis than those in the lowest PRS category with a score of 4 or 5. 

    The findings were further validated in the Mass General Brigham Biobank (MGBB).

    This is an observational study, and as such, can’t establish cause. And the researchers acknowledge that ascertainment of diverticulitis was based on different approaches across the different studies.

    Nevertheless, they conclude: “Our data provide consistent evidence from multiple data sets indicating that adherence to a healthy lifestyle is linked to a reduced risk of developing diverticulitis, irrespective of one’s genetic predisposition.”

    Source:

    Journal reference:

    Ma, W., et al. (2025). Lifestyle factors, genetic susceptibility and risk of incident diverticulitis: an integrated analysis of four prospective cohort studies and electronic health records-linked biobank. Gut. doi.org/10.1136/gutjnl-2025-335364.

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  • Flash floods, heavy rain kill 64 in a week: NDMA – Pakistan

    Flash floods, heavy rain kill 64 in a week: NDMA – Pakistan

    The National Disaster Management Authority said on Wednesday that flash floods and heavy rain across the country have killed 64 people and injured 117 in a week.

    The highest toll was in Khyber Pakhtunkhwa with 23 dead, including 10 children, the authority said.

    Fourteen of the victims were swept away in a flash flood in the Swat Valley last week.

    Flash floods and homes collapsing in heavy rain killed 21 others in Punjab, including 11 children, the authority said. In Sindh, 15 people were killed, while five people died in Balochistan.

    Separately, the Pakistan Meteorological Department (PMD) forecast a significant intensification of monsoon activity across the country beginning from the evening of July 5, with widespread rain, thunderstorms and the possibility of flash floods and urban flooding in several regions.

    According to the Met Office, moist monsoon currents were continuously penetrating the country and would likely strengthen over the weekend.

    A westerly wave was also expected to approach the upper parts of the country on July 6, further enhancing the rainfall.

    As per the regional forecast highlights, rain-wind/thunderstorms with scattered heavy to very heavy rainfall are expected from July 5-10 in multiple areas, including Muzaffarabad, Neelum Valley, Rawalakot, Swat, Dir, Malakand, Kohistan, Chitral and others.

    Gilgit-Baltistan’s areas, including Skardu, Hunza, Gilgit and Astore, may also experience similar conditions from July 6 to 10.

    In Punjab and Islamabad, widespread rain and thunderstorms with heavy falls are expected from July 5-10 in Islamabad, Rawalpindi, Lahore, Sialkot, Gujranwala, Faisalabad and several other districts. Southern Punjab regions, including Multan, Bahawalpur and Dera Ghazi Khan, will receive rain between July 6-8.

    About Balochistan, the PMD forecast that rain-thunderstorms are likely in Loralai, Khuzdar and Lasbella from July 3-4 and again from July 6-8.

    Sindh’s regions, such as Karachi, Hyderabad, Tharparkar and Sukkur, may experience moderate rainfall during July 3-4, with chances of isolated heavy falls in southeastern parts.

    As per possible impacts and public advisory, heavy to very heavy rains may generate flash floods in local nullahs and streams of Murree, Galliyat, Manshera, Kohistan, Abbottabad, Buner, Chitral, Dir, Swat, Shangla, Nowshera, Swabi, Mardan, Islamabad/Rawalpindi, hill torrents of Dera Ghazi Khan, northeast Punjab, Azad Jammu and Kashmir and parts of Balochistan from the night of July 5-8.

    Heavy downpours may cause urban flooding in low-lying areas of Islamabad, Rawalpindi, Gujranwala, Lahore, Sialkot, Sargodha, Faisalabad, Nowshera and Peshawar from July 6-8.

    Landslides and mudslides may lead to road closures in vulnerable hilly areas of KP, Murree, Galliyat, AJK and GB during the wet spell.

    Heavy rainfall, strong winds and lightning may damage weak structures such as roofs and walls of mud houses, electric poles, billboards, vehicles and solar panels during the forecast period.

    The PMD advised farmers to manage their agricultural activities keeping in view the weather forecast.

    The public, travellers and tourists were strongly advised to avoid unnecessary exposure in vulnerable areas and stay updated on weather developments to prevent any untoward situations.

    All authorities were also instructed to remain on high alert and take precautionary measures to mitigate any potential risks.

    In May, at least 32 people were killed in severe storms as the country experienced several extreme weather events in the spring, including strong hailstorms.

    Pakistan is one of the world’s most vulnerable countries to the effects of climate change and its 255 million residents are facing extreme weather events with increasing frequency.

    In 2022, monsoon floods submerged a third of the country and killed 1,700 people.

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  • No room for complacency on revenue targets, PM warns authorities

    No room for complacency on revenue targets, PM warns authorities



    Prime Minister Shehbaz Sharif chairs high-level meeting on digitisation and reform agenda of Federal Board of Revenue at Prime Minister Office, Islamabad, July 2, 2025. — PID

    Prime Minister Shehbaz Sharif on Wednesday warned that any form of complacency in meeting revenue and economic targets for the new fiscal year will not be tolerated, vowing to personally oversee the implementation process to ensure full accountability and performance.

    The premier made these remarks while chairing a high-level weekly review meeting on the digitisation and reform agenda of the Federal Board of Revenue (FBR).

    During the meeting, it was revealed that reforms and enforcement of new tax laws enabled the government to collect an additional Rs865 billion in revenues compared to the previous year, an eightfold increase. The federal revenue-to-GDP ratio also improved significantly, reaching 11.3%, a 1.5% rise over last year.

    Speaking on the occasion, PM Shehbaz applauded the Ministry of Finance and the tax-collection authority for achieving a historic 42% increase in federal tax revenues during the fiscal year 2024-25 — the highest surge in the past decade.

    He instructed FBR to treat taxpayers with dignity and respect and called upon all public sector institutions to extend full cooperation with the revenue authority. The prime minister also stressed the need to broaden the tax net through digitalisation and enforcement.

    He also issued key directives including expansion of the Track and Trace Digital Production System to cover all stages of production and distribution in order to bring untaxed production into the tax net, mandatory digitisation of production processes for tax non-compliant businesses and industries, widening the Point of Sale (POS) system in the retail sector to strengthen documentation and transparency and ensuring business facilitation by keeping FBR accessible to the business community and taxpayers.

    The prime minister also congratulated the meeting participants on the successful passage of the upcoming fiscal year’s budget and reiterated the government’s unwavering commitment to ensuring Pakistan’s bright economic future.

    It was informed during the briefing that the Track and Trace system has already been fully implemented in sugar, tobacco, and fertilizer sectors, and will soon be expanded to cement and other industries.

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  • They Spotted a Flash in the Night Sky – It Turned Out to Be a Rare Exploding Star – SciTechDaily

    1. They Spotted a Flash in the Night Sky – It Turned Out to Be a Rare Exploding Star  SciTechDaily
    2. Public take the lead in discovery of new exploding star  University of Warwick
    3. Amateurs helped identify Kilonova in record time  Universe Space Tech
    4. Citizen astronomers see moment star explodes by playing ‘spot the difference’  The Independent
    5. “I Literally Screamed with Joy”: In a Rare Stellar Discovery, Kilonova Project Citizen Scientists Have Made a Breakthrough  The Debrief

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  • FIF – ProCredit Bank Serbia – Sustainability Sub Debt

    Understanding transition

    Further information regarding the EBRD’s approach to measuring transition impact is available here.

    Business opportunities

    For business opportunities or procurement, contact the client company.

    For business opportunities with the EBRD (not related to procurement) contact:

    Tel: +44 20 7338 7168

    Email: projectenquiries@ebrd.com

    For state-sector projects, visit EBRD Procurement:

    Tel: +44 20 7338 6794

    Email: procurement@ebrd.com

    General enquiries

    Specific enquiries can be made using the EBRD Enquiries form.

    Environmental and Social Policy (ESP)

    The ESP and its associated Environmental and Social Requirements (ESRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”.  The ESP and the ESRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation, and to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about the environmental and social (E&S) performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD also requires its clients to disclose information, as appropriate, about the risks and impacts of projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

    More information on the EBRD’s practices in this regard is set out in the ESP.

    Integrity and compliance

    The EBRD’s Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all of the Bank’s activities in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The EBRD believes that identifying and resolving issues in the project assessment and approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts andhelps to monitor integrity risks in projects post-investment.

    OCCO is further responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, either within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to compliance@ebrd.com. OCCO will follow-up all matters reported. It will review all matters reported. Reports can be made in any language of the Bank or of the Bank’s countries of operation. The information provided must be made in good faith.

    Access to Information Policy (AIP)

    The AIP, which entered into force on 1 January 2025, sets out how the EBRD discloses information and consults with its stakeholders to promote better awareness and understanding of its strategies, policies and operations. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

    Specific requests for information can be made using the EBRD enquiries form.

    Independent Project Accountability Mechanism (IPAM)

    If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (for example, through the client’s project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

    IPAM independently reviews project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the mechanism is: to support dialogue between project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or the project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

    Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate and how to submit a Request for review. Alternatively, contact IPAM by email at ipam@ebrd.com for guidance and more information on IPAM and how to submit a request.

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  • Real-World Use of Fecal Microbiota, live-jslm Shows High Success in Preventing Recurrent C difficile Infection

    Real-World Use of Fecal Microbiota, live-jslm Shows High Success in Preventing Recurrent C difficile Infection

    C diff spores

    Image credits: Unsplash

    A real-world, multicenter study of 67 evaluable patients treated with fecal microbiota, live-jslm (RBL), demonstrated a 77.6% treatment success rate at 8 weeks for preventing recurrent Clostridioides difficile infection (rCDI), with 87% maintaining remission at six months. These findings support RBL’s safety and efficacy beyond controlled clinical trials in an elderly, comorbid population frequently exposed to multiple rCDI risk factors.1

    What You Need To Know

    RBL achieved a 77.6% treatment success rate at 8 weeks and 87% sustained remission at 6 months in a high-risk, elderly population.

    The treatment was well tolerated, with minor adverse events reported in only 5 patients.

    Advanced age and multiple CDI recurrences were common risk factors, emphasizing the need for effective microbiota-based preventive strategies in these patients.

    RBL, FDA-approved in November 2022 as the first microbiota-based product for rCDI prevention in adults, is administered rectally after standard-of-care antibiotics. The study population had a median age of 74 years and a median Charlson comorbidity score of 4, with over half having three or more prior CDI recurrences. Risk factors were prevalent, including advanced age (72%), gastric acid suppressant use (55%), immunocompromise (24%), and recent non-CDI antibiotic exposure (21%).1

    All patients received prior antibiotics, most commonly fidaxomicin (58%), before RBL administration. Adverse events were minimal, limited to minor leakage in 5 patients. Age ≥65 was significantly associated with higher recurrence risk. Among patients experiencing recurrence within 8 weeks, median time to relapse was 28 days. Of 30 patients with 6-month follow-up data, 26 (87%) sustained treatment response.1

    These data provide important evidence for clinicians managing complex rCDI cases, highlighting RBL as a valuable and well-tolerated intervention to reduce recurrence risk in routine practice.1

    In relation to RBL, in a recent interview with Paul Feuerstadt, MD, FACG, AGAF, he emphasized that beyond effectively reducing recurrent Clostridioides difficile infections, the treatment plays a crucial role in improving patients’ overall quality of life. Feuerstadt described how recurrent CDI often leads to significant anxiety, fear, and social isolation, likening the emotional burden to post-traumatic stress. He noted that RBL not only targets the infection but also helps restore patients’ mental, physical, and social well-being, allowing them to regain confidence and normalcy in their daily lives.2

    Reference
    1.Seo S, Hengel R, Krishnan S, et al. Real-World Experience with Fecal Microbiota Treatment (live-jslm) for the Prevention of Recurrent Clostridioides difficile Infection. Abstract 85 E. MAD-ID Meeting. May 28–31, 2025. Orlando, FL.
    2.Improved Symptoms and Health-Related Quality of Life in Adults with Recurrent Clostridioides Difficile Infection after Fecal Microbiota, Live-jslm (RBL) Administration by Colonoscopy. Abstract presented at DDW 2025, May 3-6, 2025. Accessed July 1, 2025.

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  • UK watchdog to go after bullying and discrimination beyond banks – Reuters

    1. UK watchdog to go after bullying and discrimination beyond banks  Reuters
    2. UK watchdog to extend non-financial misconduct rules beyond banks  Global Banking | Finance | Review
    3. FCA set to extend bullying rules to 37,000 more firms  Financial Planning Today
    4. City watchdog extends rules on bullying and harassment across financial sector  Yahoo
    5. UK regulator to extend non-financial misconduct rules beyond banking  Investing.com UK

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  • NEOC issues impact-based weather alerts for risk of flash floods, GLOF events, and urban flooding – Ptv.com.pk

    1. NEOC issues impact-based weather alerts for risk of flash floods, GLOF events, and urban flooding  Ptv.com.pk
    2. Shrinking glaciers: a threat to ecological balance  The Express Tribune
    3. Timely alerts, early preparedness key to disaster mitigation: NDMA Chairman  nation.com.pk
    4. NDMA issues monsoon flood alert  Dunya News
    5. Pakistan issues fresh flood, GLOF alert as monsoon rains kill 64 in one week  Arab News PK

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  • Danger warning over fakes found in Aberdeen

    Danger warning over fakes found in Aberdeen

    Fakes of the globally popular Labubu dolls seized recently in Scotland are “potentially dangerous”, according to trading standards officers.

    The elf-like creature from Chinese toy maker Pop Mart are the latest craze in collectibles and have gone viral on social media.

    But officials in Aberdeen are warning consumers and businesses to be alert, following the seizure of “counterfeit and potentially dangerous” versions of the toys from shops in the city.

    They had loose parts which could pose a choking hazard.

    The council’s trading standards team seized the counterfeit Labubu toys from four premises across the city.

    They did not have the required safety labelling.

    Trading standards manager Graeme Paton said: “Following the discovery of counterfeit toys, we want to alert consumers and particularly parents to be extra vigilant.

    “These counterfeit toys can seem like a bargain compared with trying to source the genuine toy, especially when they are a much-sought-after item, but they are potentially dangerous.”

    He added: “Counterfeit toys can potentially pose significant dangers to young children such as chemical exposure and choking hazards.

    “These products routinely lack proper safety testing and we encourage anyone concerned about the safety of toys they’ve purchased to get in touch with us via Consumer Advice Scotland.”

    Labubu is both a fictional character and a brand.

    The word itself does not mean anything.

    It is the name of a character in “The Monsters” toy series created by Hong Kong-born artist Kasing Lung.

    The vinyl faces are attached to plush bodies, and come with a signature look – pointy ears, big eyes and a mischievous grin showing nine teeth.

    A curious yet divided internet cannot seem to decide if they are adorable, or just bizarre.

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