Indonesia reports new H5N1 death

first_imgAug 4, 2008 (CIDRAP News) – An official from Indonesia’s health ministry recently confirmed that a 19-year-old man died from an H5N1 avian influenza infection.Nyoman Kandun, director general of communicable diseases at the health ministry, said the man died last week in a hospital west of Jakarta, according to an Aug 2 report from the Associated Press (AP).The man, a cargo worker, died in Tangerang, a suburb of Jakarta, Xinhua, China’s state news agency, reported yesterday. If his death and another reported last month are confirmed by the World Health Organization (WHO), the man would be listed as Indonesia’s 137th H5N1 case and its 112th death.Media reports gave no details about the source of the man’s infection or whether his personal contacts have undergone medical evaluation.The confirmation of the man’s death by an Indonesian health official appears to deviate from the country’s recent policy of foregoing official announcement of H5N1 cases as they occur, opting instead for periodic updates. In early June, health minister Siti Fadilah Supari said the country would announce cases at longer intervals, perhaps as long as 6 months, according to previous reports.Though Indonesia’s stance appears to raise questions about its compliance with International Health Regulations, WHO officials have said its relationship with the country remains good and that the delay in reporting has not hampered the ability to conduct joint investigations into Indonesian H5N1 cases.Healthcare workers and family members alerted the media about Indonesia’s last H5N1 case, that of a 38-year-old man who reportedly died on Jul 10. However, a health ministry spokeswoman declined to confirm the case and said officials would release the information in an H5N1 case update at the end of July. No updates appear to have been posted on the government’s health ministry or avian influenza Web sites.Also, it’s not clear if Indonesia has notified the WHO about the two cases. The WHO has not yet confirmed the illness and death of either man, so for now the group still lists Indonesia’s case count as 135 cases and 110 deaths. Indonesia leads the world with the most H5N1 cases and fatalities.The WHO’s world H5N1 count stands at 385 human cases and 245 deaths.See also:Jun 5 CIDRAP News story “Indonesia quits offering prompt notice of H5N1 cases”last_img read more

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Value Investing Group holds national conference

first_imgThe USC Value Investing Group, an undergraduate business finance organization, hosted a two-day investment conference this weekend with students from across the country.The USC Stock Pitch Competition is the first of its kind to be hosted on the West Coast. The purpose of the competition is to offer a platform for students to showcase their talents in value investing and to network with like-minded individuals and industry professionals. Senior members from the Value Investing Group have participated in similar competitions before at universities like Harvard, University of Michigan and Georgetown but realized that no such competition existed on the West Coast, because the finance industry is centered in New York.Recently, West Coast universities have been sending more students to the finance industry, so the Value Investing Group organized this competition in order to give more West Coast students the chance to participate in this type of event and put USC on the map of finance recruiters.The conference was the final round of a stock pitch competition that began in early February. To participate, approximately 25 teams submitted two page investment theses summarizing a risk profile, industry analysis and a valuation of a company of their choosing with a market capitalization of at least 100 million dollars. The event sponsors then selected the top 13 investment ideas to continue on in the competition.The event kicked off on Friday night with a keynote address from Arthur Lev, the chairman of Morgan Stanley’s investment management division and a current senior advisor to the firm. Following the introductions, students had the opportunity to network with industry professionals from many companies including Morgan Stanley, Capello Global and Solstein Capital. In the first round on Saturday, 13 teams from New York University, USC, University of Texas at Austin, University of Michigan, UC Berkeley, UCLA, UC San Diego and Washington University in St. Louis presented to panels of judges, recent alumni of USC working in the finance industry. The top three teams were then chosen to present before the three final round judges — Lev, Alexander Capello, the CEO of Cappello Group Inc., and Felix Bernshteyn, a portfolio manager at Solstein Capital.“The main value of this competition is the access these students get to highly influential industry leaders and recent alumni,” Daniel Clancy, president of USC Value Investing Group, said. “The purpose of the club is to try educate younger students about industry analysis, picking stocks, corporate finance and company valuation. The Stock Pitch Competition gives students from across the country the chance to apply these skills.”The winning team was from UT Austin and was awarded $1,000 for their efforts. The members — Phoebe Lin, Vishal Bhat, Arjo Mozumder and Karna Venkatraj — chose Electronics for Imaging, a digital printing firm, as their company of choice.“The preparation process for the competition involved several all-nighters and a lot of work,” Bhat said. “It was worth it, though. I have participated in a national stock pitch competition before, but I really enjoyed the diversity and level of experience of everyone on the career panel here.”The professionals chosen to judge and mentor the students had similarly laudatory comments for the students.“All of the presentations were thoughtful and incredibly impressive,” Lev said. “I have listened to many pitches before, and these students were on par with professionals in the industry.”last_img read more

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