Coronavirus Global Updates 08 July ::: Deaths Exceed 4 Million; Olympics Faces Emergency; South Africa Excess Deaths Rise

Thu Jul 8 09:22:02 CAT 2021

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Coronavirus Global Updates 08 July ::: Deaths Exceed 4 Million; Olympics Faces Emergency;  South Africa Excess Deaths Rise

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Zimbabwe COVID19 Update

COVID-19 update: As at 07 July 2021, Zimbabwe had 60 227 confirmed cases, including 42 330 recoveries and 1 973 deaths. To date, a total of 819 058 people have been vaccinated against COVID-19.

Deaths Exceed 4 Million; Olympics Faces Emergency: Virus Update
The pandemic’s global death toll has surpassed  <https://www.bloomberg.com/news/articles/2021-07-08/covid-deaths-reach-4-million-as-vaccine-disparity-exposes-poor> 4 million as the delta variant spreads. A growing disparity in access to inoculations is leaving poorer nations exposed even as rapid vaccine rollouts allow life to start to return to normal in countries like the U.K. and U.S.

Japan is set to declare a new  <https://www.bloomberg.com/news/articles/2021-07-08/japan-set-to-declare-emergency-in-tokyo-through-end-of-olympics> state of emergency over the coronavirus, as a local newspaper reported that fans would be banned from Olympic events in Tokyo to stem surging infections.

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The World Health Organization is urging caution on reopenings worldwide with most regions seeing rising case counts. A study by top international scientists  <https://www.bloomberg.com/news/articles/2021-07-07/covid-origins-mirrors-sars-introduction-from-animals-study-says> concludes that animal contagion is the most likely explanation for the pandemic’s genesis.

Soft Lockdown for Taiwan 

Taiwan’s has decided to extend  <https://www.bloomberg.com/news/terminal/QVWV8YT1UM0W> soft lockdown while easing some Covid curbs, according to a draft from Central Epidemic Command Center. Mask wearing will still be required.

While there have been fewer than 80 local cases each day in the past week, the island has recently seen a worrying handful of infections of the delta variant.

Thailand Mulls Partial Lockdown 
Thailand’s top Covid panel is set to consider a  <https://www.bloomberg.com/news/articles/2021-07-07/thailand-s-full-reopening-in-doubt-with-10-fold-surge-in-covid> partial lockdown of the nation’s worst virus-hit regions, including the capital Bangkok, to quell the deadliest wave of infections. The push for tighter containment measures follows a 10-fold surge in infections since early April that threatens to derail Prime Minister Prayuth Chan-Ocha’s pledge to fully reopen the country in about 100 days.

New Health Chief in India 
India got a new health minister as part of  <https://www.bloomberg.com/news/articles/2021-07-07/modi-set-to-revamp-cabinet-to-repair-popularity-ahead-of-polls> top-level reshuffle as Prime Minister Narendra Modi’s government comes under fire for struggling to curb the devastating spread of Covid-19.

India is second-worst-hit nation by case numbers and Thursday added 45,892 new infections, taking the total to 30.7 million, according to data from the health ministry. Covid-related casualties rose by 817 in a day to 405,028. Almost 365 million vaccine shots have been administered but only about 5% of the population is fully inoculated, according to Bloomberg’s vaccine tracker.

India’s coronavirus outbreak has unwound years, perhaps decades, of economic progress in months as people face grim job prospects and higher debt load.

Freedom for Vaccinated U.K. Returnees 
British travelers who have received both doses of a coronavirus vaccine will no longer need to isolate when they return home from moderate risk countries, under a  <https://www.bloomberg.com/news/articles/2021-07-08/vaccinated-travelers-set-to-be-freed-from-u-k-isolation-rules> plan officials expect to come into force this month.

Ministers have been working on an overhaul of pandemic rules for foreign trips to give more freedom to fully vaccinated passengers returning to England from destinations on the government’s “amber list.”

Instead of isolating at home for 10 days, travelers will be told to take Covid tests after arrival under the new rules, which are due to be finalized on Thursday and could take effect as soon as July 19, people familiar with the matter said.

Mexico Sees Surge in Cases 
Mexico Finance Minister Arturo Herrera  <https://www.bloomberg.com/news/terminal/QVWMAQDWRGG4> ruled out another shutdown of the economy as Covid-19 cases in the country have begun to rise, El Financiero reports.

The country reported its Covid-19 cases rose by 8,507, the highest daily increase since late February, according to data provided by the government on Wednesday.

Mexico’s Deputy Health Minister Hugo Lopez-Gatell earlier said that while cases have been increasing, deaths and hospitalizations haven’t risen at the same rate.

Korea Mulls Tighter Curbs 
South Korea is discussing raising  <https://www.bloomberg.com/news/terminal/QVWN8RDWRGG1> social distancing in Seoul to highest level, according to Yonhap News. The report comes after the country reported 1,275 Covid-19 cases, a record daily tally.

The latest rise coincides with Korea easing social distancing measures including wearing masks outdoors for those fully vaccinated and extending business hours. The easing had followed the nation stepping up vaccinations with about 30% of the population having had at least one shot.

‘Moral Test’ on Vaccine Equity 
United Nations Secretary-General Antonio Guterres said “vaccine equity is the greatest immediate moral test of our times.” In a statement marking the gloomy milestone of 4 million Covid-19 deaths, he also said: “It is also a practical necessity. Until everyone is vaccinated, everyone is under threat.”

Covid Deaths Pass 4 Million 
The global death toll from Covid-19 has  <https://www.bloomberg.com/news/articles/2021-07-08/covid-deaths-reach-4-million-as-vaccine-disparity-exposes-poor> reached 4 million, as a growing disparity in vaccine access leaves poorer nations exposed to outbreaks of more infectious strains.

Even as rapid vaccine rollouts allow life to start to return to normal in countries like the U.K. and U.S., it’s taken just 82 days for the latest million deaths, compared to 92 days for the previous million, according to data from Johns Hopkins University. The real toll could be far higher than reported because of inconsistent calculations around the world.

The developing world is shouldering a rising death toll. India accounted for 26% of the increase from 3 million to 4 million deaths, and Brazil about 18%. By comparison, the U.S., where more than 332 million shots have been administered, accounted for about 4% of the rise.

Sydney Outbreak Record High 
Sydney’s delta-strain coronavirus outbreak has reached a record daily high since it stated in mid-June, with authorities concerned some residents  <https://www.bloomberg.com/news/articles/2021-07-08/sydney-s-delta-outbreak-reaches-record-high-despite-lockdown> aren’t complying with lockdown restrictions as the virus spreads through vulnerable multicultural communities. Australia’s most-populous city recorded 38 new cases in the community from the day before.

The lingering lockdown of some 6 million Australians during school holidays is a blow to the domestic tourism industry and yet again shows the limitations of the government’s strategy of trying to eliminate community transmission of the virus.

Pfizer Beats Sinovac in Test 
Sinovac Biotech Ltd.’s vaccine was  <https://www.bloomberg.com/news/articles/2021-07-08/china-made-vaccine-found-inferior-to-pfizer-shot-in-chile-study> less potent than Pfizer Inc.’s shot at stopping Covid-19 in Chile where the two shots were used simultaneously, the first real-world analysis comparing a China-made inoculation against an mRNA has found.

Researchers found CoronaVac was 66% effective in preventing Covid-19 among fully vaccinated adults, versus 93% for the jab made by Pfizer and its partner BioNTech SE.

The inactivated inoculation, given to more than 10 million Chileans, was slightly less effective in preventing hospitalization and deaths than the mRNA vaccine, which was administered to fewer than half a million people, according to the study, published Wednesday in the New England Journal of Medicine.

Virus Woes for Olympics 
Japan moved toward declaring a new  <https://www.bloomberg.com/news/articles/2021-07-08/japan-set-to-declare-emergency-in-tokyo-through-end-of-olympics> state of emergency over the coronavirus, as local newspaper reported that fans would be banned from Olympic events in Tokyo to stem surging infections.

Virus policy czar Yasutoshi Nishimura told an advisory panel Thursday the government wanted to declare an emergency in the capital from July 12 to Aug. 22, which would cover the entire period of the games. An official declaration is expected later in the day.

“New infections are continuing to rise,” Nishimura said, in explaining the move. “People are moving around more and the delta variant is accounting for about 30% of cases.”

Curbs for Vietnam Business Hub 
Vietnam’s commercial hub will be placed under stricter virus control restrictions for 15 days from Friday as authorities seek to stem a new wave of Covid-19 infections in what’s already the nation’s  <https://www.bloomberg.com/news/articles/2021-07-07/vietnam-orders-ho-chi-minh-city-to-take-strictest-virus-steps> worst-hit region. Motorbike taxis, which were previously exempt from the curbs, will be kept off the roads for about two weeks from July 9.

Vaccine Scandal, Arrest in Brazil 
A former Brazil health ministry official at the center of a vaccine-buying scandal was  <https://www.bloomberg.com/news/articles/2021-07-07/brazil-covid-probe-detains-ex-official-in-vaccine-scandal> ordered detained amid a congressional hearing, the latest chapter in the televised drama that is eroding support for President Jair Bolsonaro.

Roberto Dias left a senate committee room Wednesday with an escort of legislative police after being accused of lying during day-long testimony. His arrest was ordered after senators heard audio recordings in the case.

Animal Contagion Spurred Virus, Study Finds 
Early Covid-19 cases traced to markets in Wuhan, China, mirror the initial spread of SARS 17 years earlier,  <https://www.bloomberg.com/news/articles/2021-07-07/covid-origins-mirrors-sars-introduction-from-animals-study-says> scientists said in a paper that concludes that animal contagion is the most likely explanation for the pandemic’s genesis.

The epidemiological history of SARS-CoV-2 is comparable to previous animal market-associated outbreaks of coronaviruses and offers a simple route for human exposure, Edward Holmes, Andrew Rambaut and 19 other researchers said Wednesday in a review of the scientific evidence pertaining to the pandemic’s origins.

The paper was released on Zonodo Wednesday ahead of peer-review. Debate about Covid’s emergence has coalesced around two ideas: a “laboratory escape” scenario and a spillover from animals. The lab accident theory “cannot be entirely dismissed,” but it’s very unlikely, the study authors said.

South Africa Excess Deaths Rise 
Excess deaths in South Africa, seen by health officials there as a more precise measure of fatalities from Covid 19, rose to their highest level since January as the delta variant spread to the country’s nine provinces.

In the week ended June 27, the country recorded 5,228 excess deaths compared with 1,729 official deaths from the virus, according to a report by the South African Medical Research Council on Wednesday.

The number of deaths, which is measured against a historical average, was the highest since the week ending Jan. 24. It compared with 4,145 a week earlier.

WHO Urges Cautious Reopenings 
The World Health Organization urged caution as most regions around the world have seen increasing cases over the last week.

More than two dozen countries have epidemic curves that are almost vertical right now, according to Maria Van Kerkhove, the WHO’s technical lead officer on Covid-19.

“The idea that everyone is protected and it’s kumbaya and everything goes back to normal is a very dangerous assumption right now anywhere in the world, and still is in the European environment,” Mike Ryan, head of the WHO’s health emergencies program, said in a Wednesday briefing.

“I would ask governments to be really careful at this moment not to lose the gains we’ve made, to open up very carefully,” Ryan said.

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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