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Russia:
“If you go…you’ll be hit on the head with a club.  That’s all there is to it.” Vladimir Putnin, August 30, 2010.

On the last day of every month with 31 days, protesters gather at Triumfalnaya Square to call for the constitutionally guaranteed right to free assembly.  Permission for these “Strategy 31” rallies is routinely denied by authorities.

From the Russian Constitution:

“SECTION ONE, Chapter 2. Rights and Liberties of Man and Citizen. 

Article 31: Citizens of the Russian Federation shall have the right to gather peacefully, without weapons, and to hold meetings, rallies, demonstrations, marches and pickets.”

 

Belarus
Belgosstrakh, Belarus’s state insurer, started in 1921, is being eyed for acquisition by Poland’s newly listed state insurer PZU.
Rosgostrakh, a Russian insurer, is also looking at the Belarus insurer.

Between the three insurance companies, none of them knows how to control information.


India
India extends for one year the July 2010 deadline for firing 400 foreign, commercial pilots. 

Goal of firing?  To create vacancies for Indian pilots.

Philippine Airlines cancels flights due to loss of 25 pilots to Hong Kong and MENA based airlines.

We fully expect these types of nationalistic interventions to impact the healthcare sector, particularly for nurses, medical technologists of all types, and in some countries, doctors.

In August of this year a start up firm announced plans to build 2,000 new hospitals in India.  (See page 7, this issue.)  Staffing has always been a resource issue raised by PHM International. 

 

China
Though not new, look to growth in private equity deals in healthcare and health insurance. 

What is new is the reason….

August of this year, as part of revisions to Chinese insurance company investment rules, carriers will be able to invest up to 5% of assets in non-listed companies and PE funds.

An excellent pool of investment for the country’s vast, immature health sector. 


China
TCM, or Tradition Chinese Medicine is estimated at 36% of total medicines market.

 

Food Inflation
Global meat prices hit their 20 year high.  Lamb hits 37 year high. 

Causes well known: meat production in top exporting countries stagnant due to droughts, depressed prices from 10 years ago, some speculation….and demand.

Growing middle classes in emerging countries are demanding richer protein diets.

Classic supply and demand market pressure.

The issue for healthcare market?  Good long term growth for investors in all disease management, from pharmaceuticals to device manufactures, to service providers.

Protein rich diets (from animal fat) is ghastly beneficial to healthcare sector.

 

Poland
Poland’s Health Ministry wants to introduce private institutions as competition for NFZ, the national health insurance fund.

A pilot program will be launched in two regions in 2012 and the whole country should be covered in 2014.

Earlier, in 2011, Poland wants to introduce optional additional health insurance, providing a wider range of services and the possibility to arrange surgery “…even if the hospital has reached the NFZ limit for this type of operation for the year.”

Who says central planning is dead in Poland?

 

Poland
Government approved transfer of 7.5 billion zlotys ($2.4 bn +/-) from the demographic reserve fund to the social insurance fund (FUS) to assure payments of current pension benefits.

FUS should close 2010 with 4.0 billion zlotys debt.

Look to this growing trend in many other countries.

 

Mexico
Drug War: The New Killing Fields

28,000+

Number murdered since Felipe Calderón launched his crackdown on cartels in 2006.

$13bn

Estimated annual profit made by Mexican drug traffickers.  That’s profit.

90%

Proportion of cocaine consumed in the US that comes from Mexico

 

Kuwait
Medical liability laws closer to implementation.  Parties to discuss final language next month.

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On September 26, 2010
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