Coronavirus Global Updates 11 July ::: Sydney Lockdown Could Be Extended; Thai Cases High

Sun Jul 11 09:51:22 CAT 2021

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Coronavirus Global Updates 11 July :::  Sydney Lockdown Could Be Extended; Thai Cases High

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Zimbabwe COVID19 Update

COVID-19 update: As at 10 July 2021, Zimbabwe had 66 853 confirmed cases, including 44 580 recoveries and 2 126 deaths. To date, a total of 886 619 people have been vaccinated against COVID-19.

Sydney Lockdown Could Be Extended; Thai Cases High: Virus Update

Sydney’s virus outbreak means plans for an Australian-Singapore  <https://www.bloomberg.com/news/articles/2021-07-10/australia-singapore-travel-bubble-timing-pushed-back-to-end-2021> travel bubble have been delayed until at least year-end, the Australian Trade Minister said. New South Wales Premier Gladys Berejiklian warned the  <https://www.bloomberg.com/news/articles/2021-07-11/longer-lockdown-looms-in-sydney-as-virus-cases-keep-rising> lockdown in the city may have to be extended beyond July 16.

Thailand reported its second-highest ever daily case and death totals on Sunday, after it imposed a  <https://www.bloomberg.com/news/articles/2021-07-09/thailand-tightens-covid-curbs-in-virus-hotspots-as-deaths-spike> night curfew and tightened restrictions. Malaysia’s director-general of health told the Bernama news agency that he expected a stabilization in case numbers in the next one to two weeks after the country reported a second straight daily record for infections on Saturday.

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

New variants of the coronavirus and an uneven pace of vaccination could  <https://www.bloomberg.com/news/articles/2021-07-10/fragile-global-rebound-troubles-finance-chiefs-as-variants-lurk> undermine a brightening outlook for the world economy, according to a communique agreed to on Saturday by Group of 20 finance ministers. U.S. cases remain elevated after delta was declared the nation’s dominant strain, spreading particularly in areas with low vaccination rates.

Malaysia Could See Stabilization in Cases 
Malaysia may see virus cases stabilize in the next one to two weeks amid a tightened lockdown and as it ramps up vaccination, the country’s health director-general said in an  <https://www.bernama.com/en/news.php?id=1981166> interview with state news agency Bernama.

Desperation is growing in Malaysia after it  <http://covid-19.moh.gov.my/terkini> recorded 9,353 new cases on Saturday, a second straight daily record. The spike in cases over the last few days was due to targeted screenings, the health director-general said.

Longer Lockdown Looms in Sydney 
The Australian state of New South Wales recorded 77 new virus cases on Sunday, the highest total during the recent resurgence. State Premier Gladys Berejiklian said she expected daily cases to top 100 soon and called again on the community to respect the lockdown rules.

Total cases in the delta outbreak are now at 566 and Berejiklian has warned that unless it is quickly brought under control,  <https://www.bloomberg.com/news/articles/2021-07-11/longer-lockdown-looms-in-sydney-as-virus-cases-keep-rising> Sydney’s lockdown will need to stay in place beyond July 16. The state also recorded its first death of the current outbreak -- a woman in her 90s who acquired the virus in her home.

Thailand Reports Second-Highest Cases 
Thailand reported 9,539 new Covid-19 cases and 86 deaths on Sunday. That’s the second-highest for both infections and fatalities since the pandemic began.

The nation has  <https://www.bloomberg.com/news/articles/2021-07-09/thailand-tightens-covid-curbs-in-virus-hotspots-as-deaths-spike> implemented a night curfew, a ban on gatherings of more than five people and is limiting services and operating hours for restaurants and shopping malls for two weeks. The move to tighten restrictions follows a relentless surge in infections and hospitalizations that have stretched the nation’s health care system, especially in the virus epicenter Bangkok.

Australia-Singapore Bubble Delayed 
Sydney’s virus outbreak means plans for an Australian-Singapore travel bubble have been  <https://www.bloomberg.com/news/articles/2021-07-10/australia-singapore-travel-bubble-timing-pushed-back-to-end-2021> delayed until at least the end of the year, the Australian Trade Minister said Sunday.

While opening the travel corridor remains a priority, the scale of an outbreak that has forced the country’s largest city into a renewed lockdown means plans are on hold, Dan Tehan told the Sydney Morning Herald.

“It has been put back due to the third wave of the virus,” he said. “The hope might be towards the end of the year that you could look at a travel bubble with Singapore.”

Businesses Urge U.K. to Drop Self-Isolation 
Britain’s biggest business lobby called on the government to drop self-isolation rules when other Covid restrictions end, seeking to inject confidence into a push to get workers back to offices.

A work-from-home recommendation expires July 19, but self-isolation rules for fully vaccinated contacts of those who have tested positive for the coronavirus are set to be maintained until Aug. 16.

Meanwhile, Prime Minister Boris Johnson will promise in a major  <https://www.bloomberg.com/news/articles/2021-07-10/al-fresco-meals-and-takeaway-pints-form-core-of-johnson-s-speech> speech this week that al fresco dining will become the norm in Britain under plans to revolutionize town centers and tackle economic inequalities after the pandemic.

Woman Dies Infected With Two Variants 
A 90-year-old woman died after becoming infected with  <https://www.bloomberg.com/news/articles/2021-07-10/woman-infected-with-two-covid-19-variants-highlights-next-risk> two different strains of Covid-19, revealing another risk in the fight against the disease, Belgian researchers found.

In the first peer-reviewed analysis of an infection with multiple strains, scientists found the woman had contracted both the alpha variant, which first surfaced in the U.K., and the beta strain, first found in South Africa. The infections probably came from separate people, according to a report published Saturday and presented at the European Congress of Clinical Microbiology & Infectious Diseases.

The woman was admitted to a Belgian hospital in March after a number of falls, and tested positive for Covid-19 the same day. She lived alone, receiving nursing care at home, and hadn’t been vaccinated. Her respiratory symptoms rapidly worsened and she died five days later.

U.K. Pushes for Less Time Between Jabs 
U.K. officials have asked the nation’s vaccination committee to shorten the gap between coronavirus vaccinations to four weeks in a push to accelerate the administration of second doses, according to a report in The Sunday Times.

The request for advice on shortening wait times for a second shot comes amid surging infections of the virus’s delta variant and the imminent easing of virus-related restrictions in the U.K. Health experts say that while full vaccination provides protection against serious illness and death from variants including delta, one dose is far less effective.

Portugal Passes Vaccine Milestone 
Portuguese Prime Minister Antonio Costa said in a tweet on Saturday that 70% of the country’s adult population has now been given at least one dose of a vaccine, earlier than planned.

The government accelerated its vaccination campaign after the country started reporting a new increase in cases during June in some regions including Lisbon, with a high incidence of the delta variant.

U.S. Vaccinations Dip to Pre-Biden Lows 
U.S. vaccinations have plunged to levels before Joe Biden was sworn in as president, despite the spread of the delta variant that is fueling a new rise in infections. The U.S. recorded 599,000 vaccinations on Saturday, the lowest level since early January, according to the  <https://www.bloomberg.com/graphics/covid-vaccine-tracker-global-distribution/> Bloomberg Vaccine Tracker. Daily vaccinations peaked in mid-April at almost 4 million.

Biden missed his goal of administering at least one does of vaccine to 70% of adults in the U.S. by July 4. That number is now 67.5%, according to the CDC. The administration is focusing on communities hardest-hit by the delta variant, also largely the pockets in the U.S. that are least vaccinated. It has begun deploying health officials to support local “trusted messengers” to go door-to-door to encourage vaccines.

G-20 Finance Chiefs Sound Alarm 
Global finance chiefs signaled  <https://www.bloomberg.com/news/articles/2021-07-10/fragile-global-rebound-troubles-finance-chiefs-as-variants-lurk> alarm over threats that could derail a fragile recovery as they concluded a meeting that sought to start reshaping the post-pandemic economic order.

New variants of the coronavirus and an uneven pace of vaccination could undermine a brightening outlook for the world economy, according to a communique agreed to on Saturday by Group of 20 finance ministers at a gathering hosted by Italy in Venice. They resolved to keep up support for growth to ensure recoveries can continue to take hold.

Anti-Vaccine Priest Removed 
A Catholic priest in Wisconsin who violated Covid-19 restrictions and urged parishioners not to be a “guinea pig” by taking a vaccine was removed from his parish, according to a  <https://diolc.org/wp-content/uploads/2021/07/Statement-Father-James-Altman-070921.pdf> statement by the Diocese of La Crosse.

In May, Bishop William Patrick Callahan had requested the resignation of Father James Altman, who had also said that Catholics couldn’t be Democrats. The letter on Friday said that Callahan and the diocese “have spent over a year, prayerfully and fraternally, working toward a resolution” relating to Altman’s statements and activities -- and were now immediately removing him.

In April, a church bulletin from Altman’s parish declared that a Covid vaccine was an “experimental use of a genetic altering substance that modifies your body -- your Temple of the Holy Spirit” and questioned whether the inoculations worked.

U.K. Hospitalizations Climb 
U.K. hospital cases increased by more than 56% in a week, the latest figures  <https://coronavirus.data.gov.uk/> show. Some 3,081 people were admitted as of July 6, only two days after the country passed 2,000 for the first time since April. Another 32,367 cases and 34 deaths were also reported on Saturday.

U.S. Infections Remain Elevated 
U.S. cases remain elevated, as the delta variant was declared the nation’s dominant strain and is spreading largely in areas with low vaccination rates. Weekly cases were above 100,000 for the second consecutive week, the most since early June. Slightly more than 23,000 new cases were reported on Friday, according to data compiled by Johns Hopkins University and Bloomberg.

Almost 350 new fatalities were reported Friday, as the overall death rate continued to decline.

Iranians Travel to Border for Vaccines 
About 4,300 Iranians have traveled to the country’s border with Armenia since June 22 to receive vaccines, the Tasnim news agency reported, citing Rouhollah Latifi, the spokesman for the Iran Customs Administration.

With a population of more than 80 million, Iran has so far vaccinated around 4.6 million people, with only 2.1 million having received two doses, health ministry data showed.

U.K. to Introduce Vaccine Passports 
The U.K. will introduce vaccine passports later this year for entry into bars, restaurants and nightclubs to help tackle a slowdown in people getting the inoculation, the Times reported. The certificates will prove customers are either fully immunized or have received a negative test result the previous day.

Earlier, the country said daily cases surged again, presenting Prime Minister Boris Johnson with more  <https://www.bloomberg.com/news/articles/2021-07-09/u-k-covid-cases-surge-as-government-prepares-to-scrap-rules> worrying data about the fast-spreading delta variant of the virus ahead of a planned easing of restrictions on July 19. Oxford, home of the AstraZeneca shot, advised residents not to travel after cases in the city spiked, the Oxford Mail reported.

EU Has Vaccines for 70% of Population 
Enough Covid-19 vaccines have been delivered to EU member states to be able to fully vaccinate at least 70% of adults there in July, European Commission President Ursula von der Leyen said Saturday.

About 500 million vaccine doses will have been distributed across the bloc by Sunday, she added. Just over 53% of the population have received at least one dose and almost 39% are fully vaccinated, according to data compiled by Bloomberg News.

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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