So jaundice affects two thirds of newborns around the world.

In up to two thirds of people abdominal pain is the main symptom, for 46 of the total accompanied by jaundice, with 13 having jaundice without pain.

In the UK, about half of new cases of pancreatic cancer are diagnosed following a visit to a hospital emergency department for pain or jaundice.

Of those newborns, one in 10 roughly, if it's not treated, the jaundice gets so severe that it leads to either a life long disability, or the kids could even die.

A few months ago, Olivier Blanchard, the International Monetary Fund s chief economist, had already criticized his colleagues and policymakers in advanced countries for systematically underestimating the recessionary impact of fiscal consolidation programs.

The fact is that, with a flexible exchange rate, a country can offset the recessionary impact of a neighboring country s monetary easing using its own independent monetary policy, guided by carefully chosen inflation targets. If all countries adopt this approach, the entire global economy benefits.