Coronavirus Global Updates, Feb 28 :::: UAE Cases Drop From January Peak , Russia Reports Increase in Cases and Poland Cases Again Above 10, 000

Sun Feb 28 19:13:43 CAT 2021

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Coronavirus Global Updates, Feb 28 :::: UAE Cases Drop From January Peak ,Russia Reports Increase in Cases and Poland Cases Again Above 10,000

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Zimbabwe COVID19 Update

COVID-19 update: As at 27 February 2021, Zimbabwe had 36 058 confirmed cases, including 32 590 recoveries and 1 463 deaths. 

Fauci Says Cases Too High; Heathrow Sets Covid Fee: Virus Update

Covid-19 cases need to fall further before the U.S. can confidently resume normal activities, even as the vaccine rollout accelerates, Anthony Fauci said. While cases have plunged from 300,000 a day to about 70,000, “that baseline’s too high,” the U.S. government’s top infectious disease expert said.

New U.S. cases declined slightly on Saturday, the same day Johnson & Johnson’s vaccine was cleared for use in the country. Making a third shot available could plug gaps in the immunization campaign as concern grows over virus variants.

The European Union’s approval for Johnson & Johnson’s vaccine may come in two weeks, France’s European affairs minister said. London’s Heathrow airport will impose an extra charge on departing passengers to claw back costs as the pandemic depresses air travel.

Italy Tightens Restrictions 
Italy will tighten curbs in Milan, Turin and other areas starting Monday to counter an acceleration of the virus caused by new variants, particularly the strain first found in the U.K. People in designated medium-risk and high-risk areas, known as orange and red zones, will be barred from leaving their city or town except for work or emergency reasons. Some areas will also close schools.

The country reported 17,455 new cases on Sunday and 192 daily deaths versus 280 the day before.

U.K. Passes 20 Million Vaccine Doses 
The U.K. said it had administered more than 20 million first doses of vaccine, with almost 800,000 also receiving a second inoculation. The country added just over 6,000 new cases on Sunday, the lowest since September and down from a peak of more than 60,000 in early January. Another 144 people died after testing positive. Both figures are lower on weekends due to reporting delays.

U.S. Vaccines on Track After Storms 
The U.S. set records over the last two days for vaccinations, the drive now recovered after extreme winter weather paralyzed parts of the nation, according to the  <https://www.bloomberg.com/graphics/covid-vaccine-tracker-global-distribution/> Bloomberg Vaccine Tracker. On Saturday, 2.4 million doses were administered, and on Friday, 2.2 million. Before the storms, doses peaked at 2 million a day on Feb. 12 and 13, the tracker shows.

In total, 72.8 million doses have been given in the U.S., with an average over the last week at 1.65 million a day.

Fauci Warns on Return to Normality 
Anthony Fauci said the baseline level of coronavirus cases needs to  <https://www.bloomberg.com/news/articles/2021-02-28/fauci-worried-that-u-s-virus-cases-will-stick-at-70-000-a-day> fall further before the U.S. can confidently resume normal activities.

Fauci, director of the National Institute of Allergy and Infectious Diseases, made the rounds of Sunday talk shows at a moment when news related to the pandemic has been positive, but fresh concerns are emerging.

“We’ve seen what happens when you pull back prematurely,” Fauci said on CBS’s “Face the Nation.” “We will be” victorious over the coronavirus, “but we’re not there yet.”

Czechs Eager for Russian Shots
The Czech Republic won’t wait for the European Union regulator’s approval to use a Russian coronavirus vaccine, Prime Minister Andrej Babis said.

The country has taken “concrete steps” to purchase the Sputnik V vaccine and will use it if Czech health authorities approve, Babis said on Sunday in a weekly debate show on Prima TV. Local drug authorities’ assessment of the safety of the vaccine “would be sufficient” to use the shots, he said.

Heathrow Imposes Pandemic Charges 
London’s Heathrow airport will charge departing passengers an extra 8.90 pounds ($12.40) in an effort to claw back costs as the coronavirus crisis depresses air travel.

Heathrow has been hit particularly hard by the pandemic since it relies on long-haul markets that have been all-but wiped out. The airport last week posted a 2 billion-pound loss for 2020 after passenger numbers tumbled 73%, a decline it says has left it unable to cover the costs of providing some services.

U.S. Deaths, Cases Decline 
Reported U.S. cases declined on Saturday to 68,049, a daily total that’s little changed from the previous seven-day average, according to data compiled by Johns Hopkins University and Bloomberg.

The U.S. added 1,536 deaths, the fewest since Monday, according to the data.

Germany to Tighten Border Controls 
Germany plans to tighten border controls with the French department of Moselle, DPA news wire reported, after a German health agency classified it as a region with elevated incidence of Covid-19 virus variants.

French European Affairs Minister Clement Beaune expressed concern about the determination by Germany’s Robert Koch Institute and said France was in talks to avoid a de-facto border closing in Moselle, which neighbors Germany’s Saarland state.

Travelers from virus-variant risk areas have to show a negative Covid-19 test no older than 48 hours to enter Germany, DPA reported.

EU Set to Approve J&J Shot Soon 
Beaune also said on Sunday that the Johnson & Johnson Covid-19 vaccine is expected to be approved in the European Union in two weeks, during an interview with France Inter radio.

Iran Fatalities Pass 60,000 
The total number of coronavirus fatalities in Iran surpassed 60,000 on Sunday, with 93 deaths over the last 24 hours, the Health Ministry reported. The country saw an average daily rate of 82 deaths from the virus over the last seven days, with the number remaining below 100 since Jan. 7.

Czech Cases Remain High 
The Czech Republic, which is fighting one the world’s worst outbreaks, reported 7,798 new cases in the 24 hours through Saturday, its highest weekend number since Jan. 9.

The government on Friday announced the strictest measures it has imposed since the beginning of the pandemic, including limits on travel between counties and closure of shops, all schools and preschools.

UAE Cases Drop From January Peak 
Coronavirus infections in the United Arab Emirates have fallen by more than a fifth from a late-January peak, a slower rate of decline than in Israel and the U.K.

Cases started rising again at the end of last year and peaked in late January, according to the seven-day average. While the spike led to some restrictions being reintroduced, the UAE has so far steered clear of another full lockdown.

Germany’s Moderna Delivery Plan 
Moderna will supply about 1.8 million doses of its vaccine to Germany by the end of the first quarter, Health Minister Jens Spahn said in a tweet. He welcomed the news and said it ensured predictability over vaccinations in German federal states.

Germany’s total confirmed cases rose to 2,444,177 on Sunday, with 7,671 new infections recorded. Deaths rose to 70,092, including 153 new mortalities, as 5,797 people recovered to take the total number to 2,252,970.

A total of 5.91 million Covid vaccine doses have now been administered in Germany, according to data collected by Bloomberg News and Johns Hopkins

Poland Cases Again Above 10,000 
Poland, which tightened Covid restrictions this weekend, registered 10,099 cases and 114 Covid-related deaths over the past 24 hours. It’s the first time since November that new infections topped 10,000 for five straight days.

Sunak Lines Up More Aid for Workers 
Britain’s Chancellor of the Exchequer Rishi Sunak said on Sunday there will be more coronavirus support in this week’s budget. “I said at the beginning of this crisis that I would do whatever it took to protect people, families and businesses through this crisis,” Sunak told Sky News, when asked if a furlough program would be extended beyond April. “I remain completely committed to that.” Sunak also said he will lay out plans to shore up public finances.

India Sets Dose Fees 
India has fixed the price of coronavirus vaccines at $3.40 (Rs 250) a dose at private hospitals for people older than 60 and for those over 45 with co-morbidities from March 1, the Ministry of Health and Welfare said. The government will offer free inoculations at state-owned hospitals, according to a statement. More than 1.5 million shots have been given so far, it said.

Iran Starts Vaccine Trials
Human trials for a second locally made Iranian Covid-19 vaccine, Razi Cov Pars, started on Sunday, state television reported, as the country continues to push its own drug development initiative to begin mass inoculation by summer.

The country also took delivery of 250,000 doses of China’s Sinopharm vaccine early on Sunday, boosting plans to inoculate 1.3 million people from vulnerable groups within the next three weeks.

Russia Reports Increase in Cases 
Over the past day, 11,359 new cases of Covid-19 have been confirmed in Russia, taking the total to 4,246,079, an increase of 0.27%. Some 379 deaths were confirmed, while 12,391 people recovered.

U.K.’s Variant Trackers Lead the Way 
A British project to track the evolution of the coronavirus for signs it is gaining power to spread or kill has emerged as a global model as countries step up efforts to quell the pandemic. The Covid-19 Genomics U.K. Consortium, led by University of Cambridge microbiologist Sharon Peacock, plans to expand training for everyone from lab technicians to policy makers to boost worldwide monitoring. Other countries are also racing to catch up in sequencing. “We haven’t got eyes on the virus in many parts of the world,” Peacock said.

U.K. a ‘Coiled Spring,’ Top Chef Says 
The U.K. economy will make a strong rebound as anti-virus curbs are lifted, according to Clare Smyth, the first British woman to be awarded three Michelin stars in her own right. “People have saved a lot of money this year and they want to spend it,” Smyth said. The government plans to ease restrictions from May 17, paving the way for restaurants to welcome diners back. “I am extremely optimistic,” Smyth said. “The economy is like a coiled spring.”

Australia Gets AstraZeneca Shots 
Australian Prime Minister Scott Morrison said 300,000 doses of the University of Oxford/AstraZeneca Plc vaccine arrived in Sydney on Sunday.

AstraZeneca’s shot was the second vaccine approved for use in Australia, after rigorous testing to ensure it was safe, effective and manufactured to a very high standard, Morrison said. The vaccine will now undergo further batch testing, with the rollout across the country due to start on March 8.

A further 50 million vaccines will be manufactured onshore and 1 million of these doses will be delivered each week from late March.

Australia Weighs Aid for Airlines 
Australian Treasurer Josh Frydenberg said he’s considering moves to aid firms like Qantas Airways Ltd. and others that are still struggling with the fallout from the pandemic once a local wage-subsidy program expires next month.

While the domestic market is set to improve as vaccines are rolled out and state borders don’t shut as frequently, international borders “are remaining closed, effectively, for some time because obviously the world is still grappling with the virus,” Frydenberg told Sky News on Sunday.

Thailand Starts Vaccination Drive  
Thailand began its inoculation program with a group of health-care workers receiving the Sinovac Biotech vaccine on Sunday. Southeast Asia’s second-biggest economy aims to inoculate 50% of its population by the end of this year to help reopen borders and revive its hard-hit tourism industry.

“Today’s event is to assure the public about the safety of the vaccine,” said Prime Minister Prayuth Chan-Ocha.

INVESTORS DIARY 2021

Company

Event

Venue

Date & Time

Companies under Cautionary

ART

PPC

Dairibord

Starafrica

Fidelity

Turnall

Medtech

Zimre

Nampak Zimbabwe

DISCLAIMER: This report has been prepared by Bulls ‘n Bears, a division of Faith Capital (Pvt) Ltd for general information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities. The information contained in this report has been compiled from sources believed to be reliable, but no representation or warranty is made or guarantee given as to its accuracy or completeness. All opinions expressed and recommendations made are subject to change without notice. Securities or financial instruments mentioned herein may not be suitable for all investors. Securities of emerging and mid-size growth companies typically involve a higher degree of risk and more volatility than the securities of more established companies. Neither Faith Capital nor any other member of Bulls ‘n Bears nor any other person, accepts any liability whatsoever for any loss howsoever arising from any use of this report or its contents or otherwise arising in connection therewith. Recipients of this report shall be solely responsible for making their own independent investigation into the business, financial condition and future prospects of any companies referred to in this report. Other  Indices quoted herein are for guideline purposes only and sourced from third parties.

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