Coronavirus Global Updates 05 July :::S. Korea in Talks to Make Up to 1 Billion mRNA Doses

Mon Jul 5 09:03:59 CAT 2021

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Zimbabwe COVID19 Update

COVID-19 update: As at 04 July 2021, Zimbabwe had 54 474 confirmed cases, including 40 239 recoveries and 1 878 deaths. To date, a total of 793 077 people have been vaccinated against COVID-19.

Biden Hails Pandemic Success; Korea in mRNA Talks: Virus Update
President Joe Biden all but announced an end to the pandemic in the U.S.,  <https://www.bloomberg.com/news/articles/2021-07-04/biden-to-appeal-for-vaccinations-after-u-s-missed-july-4-target> celebrating what he called a “heroic” vaccination campaign on the country’s Independence Day holiday. He also urged people to get their shots, saying it was the “most patriotic” thing Americans could do.

South Korean officials said the country is in talks with mRNA vaccine makers including Moderna and Pfizer to make as many as 1 billion vaccine doses in the country, Reuters  <https://www.bloomberg.com/news/terminal/QVR7KKDWLU6A> reported. The country also  <https://www.bloomberg.com/news/articles/2021-07-04/south-korea-reverses-decision-to-ease-mask-rule-in-seoul-area> reversed a decision to relax mask rules in the capital Seoul and its metropolitan area after a spike in Covid-19 cases

 <http://www.firstmutual.co.zw/> 

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U.K. Prime Minister Boris Johnson is urging Britons to “exercise judgment” to protect themselves from Covid-19 as the government prepares for the final unlocking of the economy in two weeks. Luxembourg Prime Minister Xavier Bettel was admitted to the hospital on Sunday after testing positive for Covid-19, days after attending a summit with other European leaders.

Indonesia to Import Oxygen Cylinders Amid Covid Spike 
Indonesia will start importing oxygen cylinders to meet surging demand from Covid-19 patients as the country battles an exponential rise in infections that overwhelms its hospitals. The government is urging those with mild symptoms to be treated at home because hospitals are full, Health Minister Budi Gunadi Sadikin  <https://www.bloomberg.com/news/terminal/QVR273DWRGG0> said in a media briefing on Monday.

S. Korea in Talks to Make Up to 1 Billion mRNA Doses 

South Korea is in talks with mRNA vaccine makers including Moderna and Pfizer to make as many as 1 bilion doses in the country, Lee Kang-ho, the director general for the global vaccine hub committee under South Korea’s health ministry,  <https://www.reuters.com/business/healthcare-pharmaceuticals/exclusive-skorea-talks-with-mrna-vaccine-makers-make-up-1-bln-doses-govt-2021-07-05/?taid=60e284efb9a1150001df4c7f&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter> told Reuters in an interview.

Vietnam PM Urges Ho Chi Minh City to Step Up Fight 
Vietnam’s Prime Minster Pham Minh Chinh  <https://www.bloomberg.com/news/terminal/QVR0T9DWLU68> ordered Ho Chi Minh City and adjacent provinces to take more effective actions to slow infections, warning the nation’s commercial hub could see virus infections grow to uncontrollable levels.

Ho Chi Minh City, which extended social distancing measures indefinitely June 29, is now the nation’s worst virus-hit region with 6,206 local infections as of Monday morning since the latest outbreak began in late April.

Sydney Outbreak May Trigger Lockdown Extension 
Sydney’s outbreak of the delta-variant of the coronavirus is  <https://www.bloomberg.com/news/articles/2021-07-05/sydney-s-stubborn-delta-outbreak-may-trigger-lockdown-extension> raising concern Australia’s most-populous city may need to extend its two-week lockdown beyond Friday. The city of about 6 million people recorded 35 new cases in the community on Monday, raising the total infections since mid-June to 312.

Biden Hails Success in Beating Back Pandemic
A triumphant President Joe Biden  <https://www.bloomberg.com/news/articles/2021-07-04/biden-to-appeal-for-vaccinations-after-u-s-missed-july-4-target> all but announced an end to the pandemic in the U.S. on Sunday, celebrating what he called a “heroic” vaccination campaign on the country’s Independence Day holiday.

Speaking at a party on the White House’s South Lawn, Biden declared that the U.S. had achieved “independence” from the coronavirus. “It no longer controls our lives, it no longer paralyzes our nation and it’s within our power to make sure it never does so again,” he said, appealing for Americans who have not yet been vaccinated to get their shots.

Johnson to Tell Britons to Use Judgment 
U.k. Prime Minister Boris Johnson will use a press conference on Monday to set out the final stage of his roadmap out of lockdown for England ahead of a formal announcement next week, according to  <https://www.bloomberg.com/news/articles/2021-07-04/johnson-tells-britons-to-use-judgment-when-covid-curbs-end> his office.

The government is now stressing the importance of people taking personal responsibility for their safety rather than the authorities imposing legal restrictions. Ministers have noted that deaths and serious illness from the coronavirus remain at low levels despite a recent surge in infections.

On July 4, the U.K. reported 24,248 more Covid-19 cases and 15 more deaths.

Corporate Travel Shows Signs of Recovery 
Hotels, airlines and travel companies are reporting an increase in corporate bookings during recent weeks, led by domestic markets where travel is easy, the Financial Times reported.

Bookings from financial and professional services companies are returning strongly, but small and medium-sized companies are driving thhe increase because they can make decisions faster, Paul Abbott, chief executive of American Express Global Business Travel, told the newspaper.

The recovery has been fastest in the U.S., while international travel in Europe is more muted, the FT said.

France Warns of Delta Variant Surge 
A wave of infections may hit France by the end of July because of the delta variant, based on what’s happening in the U.K., French Health Minister Olivier Veran said on Twitter.

He said cases in France have rebounded in the past five days and urged residents to get  <https://twitter.com/olivierveran/status/1411726192936378373> vaccinated to limit the wave.

N.Y. State Positive-Test Rate Creeps Up 
New York’s statewide positive-test rate increased for the fifth consecutive day, according to official data. Governor Andrew Cuomo urged more residents to get vaccinated, saying “don’t delay.”

The seven-day rolling average of positive tests rose to 0.54% on Saturday, Cuomo said in a statement. That compares with a peak of almost 8% in January, when daily new cases peaked at almost 20,000. The positive rate has increased steadily since June 29, according to data provided in daily updates by Cuomo.

Covid-19 patients in intensive-care units across the state increased by six to 85, Cuomo said.

U.S. Poll Shows Vaccine Holdout Challenge 
More than a quarter of people in the U.S. say they’re unlikely to get a Covid-19 shot, with 20% saying they definitely won’t and 9% saying they probably won’t, according to a Washington Post/ABC News poll. That compares with a combined 24% in April in a poll by the same outlets.

The data illustrate the challenge for the Biden administration and state and local officials in expanding vaccination beyond the 67% who have received at least one dose, according to the Centers for Disease Control and Prevention.

In the poll, 35% said U.S. officials are exaggerating the threat of the delta variant of the virus, with more Republicans than Democrats holding that view. The survey found that 86% of Democrats have received at least one shot, compared with 45% of Republicans.

The June 27-30 poll of 907 adults has an error margin of plus or minus 3.5 percentage points.

Luxembourg’s Prime Minister Hospitalized 
Luxembourg Prime Minister  <https://www.bloomberg.com/news/articles/2021-07-04/luxembourg-premier-bettel-hospitalized-after-covid-diagnosis> Xavier Bettel was hospitalized on Sunday, a week after testing positive for Covid-19. He had tested positive days after attending a June 24-25 summit meeting with fellow European Union leaders in Brussels.

Bettel, 48, will remain in the hospital as a precaution for 24 hours for tests and observation, the Luxembourg government said in a statement on its website. He received his first vaccine dose on May 6, the premier announced in a tweet at the time. Local media reported that he received the AstraZeneca shot.

Indonesia Tightens Entry Requirements 
Indonesia tightened entry requirements for travelers and ordered a ramp-up in oxygen production, as the nation saw its worst day for Covid-19 deaths. Starting July 6, foreign visitors arriving in the country will be required to show proof of vaccination and a negative PCR test result. All incoming travelers must complete eight days of quarantine, instead of five, and be tested twice for the virus.

The government also told oxygen producers to shift all output to medical use. The change should yield 1,700 tons of oxygen per day nationwide, of which 1,400 tons will be for use on the main island of Java, according to Luhut Binsar Panjaitan, who’s been appointed to lead Indonesia’s pandemic response.

The country is making “a full industrial oxygen conversion to pharmaceutical oxygen. Our shortfall can be fulfilled later,” Panjaitan said in a statement. Indonesia reported 27,233 new Covid-19 cases and a record 555 fatalities on Sunday.

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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