Coronavirus Global Updates 08 June ::: India Daily Cases Below 100,000; Canada’s Easing

Tue Jun 8 10:39:22 CAT 2021

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Coronavirus Global Updates 08 June :::  India Daily Cases Below 100,000; Canada’s Easing

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Zimbabwe COVID19 Update

COVID-19 update: As at 07 June 2021, Zimbabwe had 39 238 confirmed cases, including 36 746 recoveries and 1 611 deaths. To date, a total of 688 696 people have been vaccinated against COVID-19.

India Daily Cases Below 100,000; Canada’s Easing: Virus Update

India’s daily Covid-19 cases dropped below 100,000 for the first time in two months as Prime Minister Narendra Modi vowed to  <https://www.bloomberg.com/news/articles/2021-06-07/india-to-vaccinate-citizens-above-18-in-covid-fight-modi-says> speed up the hard-hit nation’s inoculation drive. Canada is  <https://www.bloomberg.com/news/articles/2021-06-08/canada-set-to-relax-quarantine-rules-for-vaccinated-travelers> set to relax quarantine rules for vaccinated travelers as pressure mounts on the government to ease restrictions with summer tourism season approaching.

The U.K.’s plan to ease a lockdown  <https://www.bloomberg.com/news/terminal/QUD0KEDWRGGD> could be delayed by two weeks on concerns about new virus strains. Airlines from Britain and the U.S. issued a  <https://www.bloomberg.com/news/articles/2021-06-07/airlines-seek-restart-of-u-s-u-k-flights-as-biden-visit-looms> joint plea for the resumption of travel between the two countries, saying government curbs on the world’s most lucrative air route are holding back an economic recovery.

U.S. President Joe Biden and U.K. Prime Minister Boris Johnson will rally the  <https://www.bloomberg.com/news/articles/2021-06-08/biden-johnson-to-rally-g-7-for-vaccine-push-after-u-s-hoarding> Group of Seven at the upcoming summit behind a plan to make more shots available to low-income countries.

Poland’s Vaccine Push 
Poland registered 85,000 youths after opening vaccinations for 12 to 15 years old on Monday, out of 2.5 million that qualify. The government is planning to start jabs in schools from September, the head of the prime minister’s office said. The country is seeing faltering demand for vaccines after 8.2 million people were fully vaccinated. Authorities are considering fresh incentives, and will give details of a national lottery for those fully inoculated in mid-June.

Philippines Approves Sinopharm Shot, Clears Pfizer for Children 
The Philippines has  <https://www.bloomberg.com/news/articles/2021-06-08/philippines-approves-sinopharm-vaccine-as-it-ramps-up-covid-jabs> approved the use of Sinopharm Group Co.’s coronavirus vaccine, adding to the more than 15 million doses expected to arrive in the coming weeks as the nation aims to accelerate inoculation and revive the economy.

The government also expanded to ages 12 to 15 the approval earlier given to Pfizer Inc. and BioNTech SE’s Covid-19 vaccine, the Health Department said Tuesday. The younger population may be inoculated once supply stabilizes, with the vulnerable still priority, Health Undersecretary Maria Rosario Vergeiresaid in a separate statement.

Ireland Urges Early Return to Office 
Ireland’s deputy prime minister is urging a  <https://www.independent.ie/irish-news/politics/tanaiste-leo-varadkar-pushing-for-early-returnto-officesin-august-40513640.html> return to offices in August, a month earlier than currently planned, the Irish Independent newspaper reported, citing Leo Varadkar.

Varadkar is asking the Institute of Public Health to consider a phased return to offices in August, rather than September when schools and colleges will return, the newspaper said.

Ireland’s hospitality sector resumed outdoor service on Sunday with indoor dining scheduled to be permitted from July 5.

H.K. Must Aim for Zero Covid Cases
Hong Kong must aim to have “zero infections” and every single Covid-19 case will need to be checked out, Secretary for Commerce and Economic Development Edward Yau said in an interview with Bloomberg Television.

Yau warned against letting the low number of cases “become another loophole.” The city is exploring ways to see if there could be a scheme allowing quarantine exemption and reopening based on health assessment and sufficient protocols, he said.

Japan Gambles on Successful Tokyo Olympics Amid Pandemic 
The Japanese government, the International Olympic Committee and major stakeholders are  <https://www.bloomberg.com/news/articles/2021-06-07/despite-danger-and-cost-japan-gambles-on-successful-olympics> gambling political reputations and billions of dollars on staging the Tokyo Olympic Game amid the coronavirus pandemic, with seven weeks until the opening ceremony. Isabel Reynolds reports on “Bloomberg Markets: Asia.”

India’s Daily Cases Below 100,000 
India’s new infections dipped to less than 100,000 cases for the first time since April 6, signaling that the country’s deadly second wave that overwhelmed its hospitals and crematoriums has eased. The country with the second-largest number of cases reported 86,498 new infections Tuesday, also lower than the peak in September last year during the first wave of Covid-19.

The total tally rose to 29 million while Covid-related deaths rose by 2,123 to 351,309, according to latest data from India’s health ministry. The second wave, which saw a record 414,188 new cases on May 7, has been tapering sharply. Experts, however, have emphasized the need for continuous genome sequencing to watch for any new virus mutations that can thwart this recovery.

Prime Minister Narendra Modi  <https://www.bloomberg.com/news/articles/2021-06-07/india-to-vaccinate-citizens-above-18-in-covid-fight-modi-says> announced free shots for all people over 18 years, a move prompted by criticism of his administration’s handling of the second wave and a botched vaccination roll out.

Meanwhile, India will need to spend an  <https://www.bloomberg.com/news/articles/2021-06-08/free-vaccines-food-to-cost-india-an-additional-11-billion> additional $11 billion to provide free vaccines and food to millions of people devastated by the deadly coronavirus wave, people with knowledge of the matter said.

U.K. Reopening Could Be Delayed by Two Weeks: Times 
The U.K.’s plan to ease a lockdown could be  <https://www.bloomberg.com/news/terminal/QUD0KEDWRGGD> delayed by two weeks as cabinet ministers are getting pessimistic following a briefing from the government’s chief medical officer and chief scientific officer, the Times of London reported, citing a cabinet source.

The officials gave a “fairly grim” briefing to the cabinet ministers, emphasizing concerns over the rate of transmission for new coronavirus strains and that vaccinations didn’t give 100% protection.

Earlier, Health Secretary Matt Hancock  <https://www.bloomberg.com/news/articles/2021-06-06/u-k-s-hancock-says-too-early-to-make-call-on-june-21-easing> said it was too early to say whether a planned easing of coronavirus restrictions on June 21 can go ahead.

China in Talks on Vaccine Cooperation 
China is discussing cooperating to produce Covid-19 vaccines with 10 countries while encouraging vaccine manufacturers to transfer technology to developing countries, according to state media Xinhua, citing an interview with the Ministry of Industry and Information Technology. Currently, three Chinese vaccine makers have carried out joint production with eight countries, MIIT’s official Mao Junfeng said.

The World Health Organization has called for the boosting of domestic vaccine production in low-income countries so they don’t rely on importing shots from wealthier nations in an emergency.

Canada to Relax Quarantine for Vaccinated Travelers 
Prime Minister Justin Trudeau’s government is  <https://www.bloomberg.com/news/articles/2021-06-08/canada-set-to-relax-quarantine-rules-for-vaccinated-travelers> crafting plans to loosen the current 14-day isolation period for border-crossers who’ve had two vaccine doses, according to people familiar with the discussions. Travelers entering Canada would still be tested for the virus and may be required to quarantine for a shorter period.

The plan is expected be announced within days, though the timing could shift. It isn’t clear when the changes would be implemented or whether Canada will open up its borders to non-U.S. travelers at the same time.

China Market Sales Stoking Natural Origins Theory
Chinese markets linked to some of the earliest Covid-19 cases were illegally  <https://www.bloomberg.com/news/articles/2021-06-07/china-market-sold-mink-civets-stoking-natural-origins-theory> selling a range of wildlife from which the coronavirus may have spread, according to a study published less than two weeks after U.S. President Joe Biden ordered a deeper probe into the pandemic’s genesis.

Mink, masked palm civets, raccoon dogs, Siberian weasels, hog badgers and Chinese bamboo rats were among 38 animal species sold live at markets in Wuhan from May 2017 to November 2019, researchers said Monday in  <https://www.nature.com/articles/s41598-021-91470-2> a paper in the journal Scientific Reports originally submitted last October.

“While we caution against the mis-attribution of Covid-19’s origins, the wild animals on sale in Wuhan suffered poor welfare and hygiene conditions and we detail a range of other zoonotic infections they can potentially vector,” lead author Xiao Xiao, from the Lab Animal Research Center at Hubei University of Chinese Medicine in Wuhan, and colleagues wrote.

Indian Doctors Seeing Unusual Symptoms 
The coronavirus variant that drove India’s devastating Covid-19 epidemic is the most infectious to emerge so far. Doctors now want to know if it’s also  <https://www.bloomberg.com/news/articles/2021-06-07/gangrene-hearing-loss-point-to-delta-variant-being-more-severe> more severe.

Hearing impairment, severe gastric upsets and blood clots leading to gangrene, symptoms not typically seen in Covid patients, have been linked by doctors in India to the so-called Delta variant. In England and Scotland, early evidence suggests the now-dominant strain carries a higher risk of hospitalization.

“We need more scientific research to analyze if these newer clinical presentations are linked to B.1.617 or not,” said Abdul Ghafur, an infectious disease physician at the Apollo Hospital in Chennai, southern India’s largest city. Ghafur said he is seeing more Covid-19 patients with diarrhea now than in the initial wave of the epidemic.

Airlines Seek Restart of U.S.-U.K. Flights 
Airlines from Britain and the U.S. issued a  <https://www.bloomberg.com/news/articles/2021-06-07/airlines-seek-restart-of-u-s-u-k-flights-as-biden-visit-looms> joint plea for the resumption of travel between the two countries, saying government curbs on the world’s most lucrative air route are holding back an economic recovery.

Leisure and business trips could restart without undermining efforts to combat Covid-19, the heads of Delta Air Lines Inc., United Airlines Holdings Inc., American Airlines Group Inc. and JetBlue Airways Corp. said Monday. They were joined by counterparts from British Airways and Virgin Atlantic Airways Ltd.

While carriers have been pitching for a resumption of trans-Atlantic travel since last summer, the latest push comes days before President Joe Biden is set to attend the G-7 summit in England.

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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