Coronavirus Global Updates 09 July ::: Pfizer Outlines Booster Plans; Seoul Tightening; Tokyo Prepares for Fan-Free Olympics

Fri Jul 9 07:45:33 CAT 2021

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Coronavirus Global Updates 09 July ::: Pfizer Outlines Booster Plans; Seoul Tightening; Tokyo Prepares for Fan-Free Olympics

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Zimbabwe COVID19 Update

COVID-19 update: As at 08 July 2021, Zimbabwe had 62 383 confirmed cases, including 42 855 recoveries and 2 029 deaths. To date, a total 848 808 people have been vaccinated against COVID-19.

Pfizer Outlines Booster Plans; Seoul Tightening: Virus Update

Pfizer Inc.  <https://www.bloomberg.com/news/articles/2021-07-08/pfizer-plans-to-request-fda-nod-for-covid-booster-in-august> plans to request U.S. emergency authorization in August for a third booster dose of its vaccine, based on early data showing it can sharply increase immune protection. South Korea is raising curbs on social distancing to the  <https://www.bloomberg.com/news/articles/2021-07-09/south-korea-to-raise-social-distancing-in-seoul-to-highest-level> highest level in Seoul for two weeks starting Monday.

Australian Prime Minister Scott Morrison  <https://www.bloomberg.com/news/articles/2021-07-08/australia-secures-extra-pfizer-jabs-in-bid-to-beat-outbreaks> said his government negotiated with Pfizer for millions of vaccine doses to be delivered ahead of previous schedules. Most young people face an “extremely low” risk of illness and death from Covid-19 and have no need to shield from the virus, according to researchers behind a large U.K. study.

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

The Tokyo Olympics will  <https://www.bloomberg.com/news/articles/2021-07-08/tokyo-olympics-to-exclude-spectators-in-city-as-virus-resurges> ban spectators from events held in Japan’s capital, revising an earlier decision to allow some fans, as a resurgence in cases pushed the government to declare a state of emergency in the city.

Countries Pitch in for Indonesia 
Indonesia is  <https://www.bloomberg.com/news/terminal/QVYLKET1UM0Y> receiving help from other countries in meeting a shortfall in oxygen supply as it battles a virus resurgence that has crippled its health system.

Singapore will supply hundreds of ventilators and cylinders, along with other medical supplies, while Australia is set to send 1,000 ventilators arriving Friday, according to a statement from the Coordinating Ministry for Maritime and Investment Affairs. United Arab Emirates will send aid next week, including 250,000 doses of Sinopharm Group Co.’s vaccine.

Hong Kong-Singapore Travel Bubble Talks 
Singapore and Hong Kong are still trying to revive an agreement to allow quarantine-free travel between the two Asian financial hubs, which could be used as a model to open to more parts of the world, Singapore Health Minister Ong Ye Kung said.

“I try to not call it bubble as it connotes something very fragile and can easily burst -- I try to describe it as air travel corridor now, but the idea is the same,” Ong said  <https://www.bloomberg.com/news/articles/2021-07-09/singapore-upbeat-on-hong-kong-travel-but-don-t-call-it-a-bubble> in an interview with Bloomberg Television.

Vietnam’s Vaccination Goal 
Vietnam plans to vaccinate  <https://www.bloomberg.com/news/terminal/QVYLVHT0AFB6> 70% of its population by the end of March and half of the nation 18 and older by the end of this year, according to a statement on the health ministry’s website.

IMF’s $650 Billion Reserve Booster 
The International Monetary Fund neared final approval to create a record $650 billion of  <https://www.bloomberg.com/news/terminal/QVXYFSDWLU6S> new reserves, with Managing Director Kristalina Georgieva saying she will present the proposal to the institution’s board of governors to pave the way for issuing the funds by the end of August.

“This is a shot in the arm for the world,’ Georgieva said of the plan for a new allocation of so-called special drawing rights, the largest in its history. “The SDR allocation will boost the liquidity and reserves of all our member countries, build confidence, and foster the resilience and stability of the global economy.

Morrison Says All Australians Can Get Jab This Year 
Prime Minister Scott Morrison said a deal with Pfizer, which will see  <https://www.bloomberg.com/news/articles/2021-07-08/australia-secures-extra-pfizer-jabs-in-bid-to-beat-outbreaks> millions of coronavirus vaccine doses to be delivered ahead of previous schedules, will mean every Australian will be offered at least one jab by year-end.

Pfizer will deliver about 1 million doses a week from July 19, more than double the weekly average of about 350,000 in June. Australia now expects to receive 2.8 million Pfizer jabs this month and more than 4.5 million in August, a spokesperson for Morrison said. The race is on to boost inoculations as Sydney’s delta outbreak intensifies, leading to new restrictions announced on Friday.

Major Outbreak Looms in Myanmar as Vaccination Stalls 
Myanmar’s Covid inoculation drive has ground to a near halt due to a  <https://www.bloomberg.com/news/articles/2021-07-08/major-virus-outbreak-looms-in-myanmar-as-vaccine-drive-stalls> vaccine shortage, forcing the military government that seized power in February to hunt for new supplies to stem a spike in cases and deaths.

With the Southeast Asian country receiving no vaccine supplies since early May, just 1.75 million of a population of about 55 million have been fully vaccinated, according to Health Minister Thet Khine Win. The administration is now in talks with Russia and China to urgently secure more shots, officials said.

Vietnam Cuts Flights to and From Ho Chi Minh City 
Vietnam’s aviation authority said most provinces and cities have either suspended  <https://www.bloomberg.com/news/articles/2021-07-09/vietnam-cuts-domestic-flights-to-and-from-ho-chi-minh-city> flights to and from Ho Chi Minh City or cut daily flights amid a dramatic spike in virus patients in the nation’s biggest city, which began a 15-day stay-home order on Friday.

Singapore Seeks ‘Middle Path’ on Reopening 
Singapore will not take the same approach as the U.K. and U.S. for mass reopening, but neither will it keep the sort of restrictive outlook that China and Australia have adopted, Health Minister Ong Ye Kung  <https://www.bloomberg.com/news/articles/2021-07-09/singapore-seeks-middle-path-on-covid-reopening-ong-says> said.

Instead, Singapore will pursue a “middle path,” Ong said in an interview with Bloomberg Television’s Haslinda Amin, where mitigation measures will be maintained while the country opens up progressively.

Tokyo Prepares for Fan-Free Olympics 
The Tokyo Olympics will  <https://www.bloomberg.com/news/articles/2021-07-08/tokyo-olympics-to-exclude-spectators-in-city-as-virus-resurges> ban spectators from events held in Japan’s capital, revising an earlier decision to allow some fans, as the resurgence of virus cases pushed the government to declare a state of emergency in the city.

The decision, announced by Olympic Minister Tamayo Marukawa, comes after Japanese Prime Minister Yoshihide Suga declared a fourth state of emergency for Tokyo, running from July 12 through Aug. 22.

Thailand’s Infections Near Record High as Lockdown Mulled 
Thailand reported its second highest single-day increase in Covid-19  <https://www.bloomberg.com/news/terminal/QVYDXIT0AFB4> cases since the pandemic began, with the nation’s coronavirus task force scheduled to consider more stringent measures to contain an outbreak driven by the more contagious delta variant.

The Southeast Asian nation on Friday recorded 9,276 new infections, the most since May 17 and about 40% higher than the daily average this week, according to the Center for Covid-19 Situation Administration. The increase in cases follows a record 75 deaths reported on Thursday.

Pfizer Outlines Plans While Regulators Signal Caution 
Pfizer Inc.  <https://www.bloomberg.com/news/articles/2021-07-08/pfizer-plans-to-request-fda-nod-for-covid-booster-in-august> plans to request U.S. emergency authorization in August for a third booster dose of its Covid-19 vaccine, based on early data showing that it can sharply increase immune protection against the coronavirus.

At the same time, however, federal health officials signaled that they would take a cautious approach to potential booster shots, and underlined that the currently available vaccines are effective at keeping people from being sickened by the coronavirus.

Taiwan Asked to Prioritize Migrant Workers for Vaccines
Thailand, Indonesia, Vietnam and Philippines urged Taiwan to add migrant workers to the priority list for Covid-19 vaccination, Taipei-based Central News Agency  <https://www.bloomberg.com/news/terminal/QVYCILT1UM31> reported Thursday.

CDC, FDA Say Fully Vaccinated Don’t Need Booster
People who are fully vaccinated against Covid-19 don’t need a  <https://www.bloomberg.com/news/terminal/QVYCH0T0G1L4> booster shot at this time, the U.S. CDC and FDA said in a joint statement.

Seoul to Face Toughest Social Distancing Rules 
South Korea is raising social distancing in  <https://www.bloomberg.com/news/articles/2021-07-09/south-korea-to-raise-social-distancing-in-seoul-to-highest-level> Seoul to its highest level, banning gatherings of three or more people after 6 p.m. and ordering night-time entertainment businesses to close, as the capital is at the center of a surge in coronavirus cases.

The country is moving social distancing rules to the top level of 4 for Seoul, where the majority of new cases in recent days has emerged with sporadic outbreaks at restaurants, bars and shopping malls. The latest surge is a setback for a country that has been lauded as a model for containing the outbreak without imposing a lockdown.

Very Few Kids Need to Shield From Covid 
Most young people face an “extremely low” risk of illness and death from Covid-19 and have no need to shield from the virus, according to researchers behind a large U.K. study.

The analysis, which its authors say is the most comprehensive on the topic to date, backs up clinical reports that show children and teens are less likely to be hospitalized or face severe effects from the virus. Covid-19 does increase the chance of serious illness in the most vulnerable children -- those with complex disabilities and severe existing medical conditions -- but even in those cases the risks are smaller compared with adults.

Mexico Cases Post Highest Rise Since Feb. 13 
Mexico Covid-19 cases rose by 9,452 to reach almost 2.6 million, the biggest daily increase in almost five months, according to government data. For a third day in a row, the country’s cases have jumped the most since February. Deaths rose 266 to reach 234,458.

Canada Won’t Allow Unvaccinated Tourists Yet 
Canada will hold off allowing unvaccinated tourists to enter the country for “quite a while” because the government isn’t willing to jeopardize the progress the country made to contain the outbreak, CNBC reported, citing Prime Minister Justin Trudeau.

“I can tell you right now that’s not going to happen for quite a while,” Trudeau told reporters when he was asked when Canada would allow open its borders to these tourists.

Canada just waived quarantine requirements for fully-vaccinated citizens. Further announcements are expected in coming weeks, the prime minister added. Trudeau has previously said the government is looking closely at vaccination rates, the spread of variants and how the pandemic is handed globally.

White House Defends Door-to-Door Vaccine Push 
The White House defended a push to support groups with door-to-door efforts to encourage vaccinations -- a day after Missouri Governor Mike Parson said it would “not be an effective or a welcome strategy.”

Missouri has the U.S.’s highest percentage of cases caused by the delta variant, and vaccinations lag behind the national average. A team was dispatched earlier this week to southwestern Missouri, where the outbreak is straining medical capacity.

Chile Eases Curbs 
Chile will  <https://www.bloomberg.com/news/articles/2021-07-08/chile-relaxes-restrictions-for-the-vaccinated-as-cases-drop-fast> loosen restrictions against for residents who are fully vaccinated as new cases plunge and the government expands one of the world’s fastest inoculation programs.

Starting July 15, capacity rules for establishments like gyms and restaurants in districts that aren’t under quarantine will be relaxed for people with two doses, according to a government statement on Thursday. The nightly curfew will be shortened depending on virus and vaccination metrics, and schools will be able to open for on-site classes even in neighborhoods under strict lockdown.

Portugal Expands Curfew 
Portugal said a  <https://www.bloomberg.com/news/terminal/QVXQ81DWRGG2> nighttime curfew will apply to more municipalities as the government tries to contain an increase in infections.

The limit to movement in public spaces between 11 p.m. and 5 a.m. in regions including Lisbon will now be imposed in 60 municipalities, up from 45 municipalities previously, Presidency Minister Mariana Vieira da Silva said. Existing limits on weekend opening hours of restaurants and non-food stores will also apply to more municipalities, and remote working remains mandatory in those locations.

U.S. Keeps Foreign Travel Curbs 
The U.S. isn’t yet ready to lift restrictions on incoming international travel and ultimately the decision will be based on data, not arbitrary dates, U.S. Transportation Secretary Pete Buttigieg said in an  <https://www.bloomberg.com/news/articles/2021-07-08/buttigieg-says-no-firm-date-to-lift-international-traveler-bans> interview with Bloomberg.

He added that the U.S. has working groups with the U.K., the European Union, Canada and Mexico to determine when it will be appropriate to lift the bans.

“A lot of this is based on what’s going on with progress in the vaccines,” Buttigieg said. “We see good news and bad news in terms of the variants. One moment, you are reading about a variant across the world, next thing you know, it’s becoming the dominant strain in the U.S.”

Hanoi Steps Up Restrictions 
Hanoi officials, concerned about the spread of the coronavirus in the nation’s capital, are directing residents to  <https://www.bloomberg.com/news/terminal/QVX6YVDWX2PU> limit going outside and banning outdoor exercise from 6 p.m. Thursday until further notice, according to a statement on the city’s website.

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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