Coronavirus Global Updates, Mar 31 ::: Greece Cases Surge as Reopening Looms and Kenyans Pay $70 a Shot for Russia’s Sputnik

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Coronavirus Global Updates, Mar 31 ::: Greece Cases Surge as Reopening Looms  and Kenyans Pay $70 a Shot for Russia’s Sputnik

 


 

 


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Zimbabwe COVID19 Update


Covid -19 update：As at 30 March 2021, Zimbabwe has now recorded 36 858 cases 34636 recoveries and 1521 deaths. To date, a total of 72 944 people have been vaccinated against Covid-19 


 





 


UK minister says AstraZeneca's shot is "safe" as Germany limits its use as a precautionary measure
The UK is "100% confident" in the efficacy of the AstraZeneca vaccine and the shot is "safe," UK Housing Secretary Robert Jenrick said Wednesday, after Germany  suspended its use in people under the age of 60.


Germany announced Tuesday evening it would limit AstraZeneca shots to people over 60s following reports of “rare but very severe thromboembolic side effects” in 31 people following their first dose. People under 60 can voluntarily receive vaccine in consultation with doctors, considering individual risk.

When asked if the UK government thinks it should look at the vaccine again, Jenrick said: "No we don't."

"We're 100% confident in the efficacy of the vaccine, that's borne out by study after study by our own independent world class, regulators, and by recent research for example by Public Health England, that have shown that thousands of people's lives have been saved, since the start of this year alone, thanks to our vaccine programme," he told British broadcaster Sky News Wednesday.

The minister added that "people should continue to go forward, get the vaccine," adding that he certainly will, when his time comes.

"It is a safe vaccine and the UK vaccine rollout is saving people's lives, right across the country every day," he said.



US and Germany are the biggest investors in Covid-19 vaccine research and development


The United States and Germany are by far the biggest investors in coronavirus vaccine development, according to key research findings by the Centre for Global Health at the Graduate Institute of International and Development Studies in Geneva.

Research findings show that the two countries have provided a combined R&D investment of $3.7 billion in developing coronavirus vaccines -- the United States invested nearly $2.2 billion and Germany $1.5 billion. They are followed by a wide margin by the United Kingdom, which comes in at $500 million.



China accused of withholding data from WHO coronavirus origins investigation in Wuhan


Investigative team members from the World Health Organization visit Huanan seafood market in Wuhan, China, on January 31. Getty Images

It was supposed to offer insight into the origins of the  <https://www.cnn.com/specials/world/coronavirus-outbreak-intl-hnk> Covid-19 pandemic. But since its release on Tuesday, the long-awaited World Health Organization investigation has drawn criticism from governments around the world over accusations it is incomplete and lacks transparency.

In a  <https://www.state.gov/joint-statement-on-the-who-convened-covid-19-origins-study/> joint statement, the United States and 13 other governments, including the United Kingdom, Australia and South Korea, expressed concerns over the study's limited access to "complete, original data and samples."

The European Union issued its own statement, expressing the same concerns in slightly softer language. The criticism follows an admission from WHO Director-General Tedros Adhanom Ghebreyesus, that investigators faced problems during their four-week mission to the central Chinese city of Wuhan, where the coronavirus was first detected in December 2019.

In a news briefing Tuesday, Tedros appeared to contradict the study's central findings by suggesting the theory that the virus escaped from a Wuhan laboratory should be followed up -- even though the report noted such a possibility was "extremely unlikely" and did not recommend further research on the hypothesis.



Chinese city on border with Myanmar goes into lockdown


Before the lockdown, trucks are seen coming and going at a border post in Ruili, China, on March 27. Kyodo News/Sipa USA

A city in southwestern China near the country's border with Myanmar is going into lockdown after nine Covid-19 cases were reported Tuesday.

Six of the nine cases found in Ruili city were symptomatic and three were asymptomatic, according to a statement from provincial health officials. Four of them are Burmese nationals.

Authorities said they will crack down on illegal border crossings from neighboring Myanmar, where the ruling military junta overthrew the country's democratically elected leaders last month, in order to prevent the virus from spreading further within China.

Ruili officials stopped all inbound and outbound travel at 10 p.m. Tuesday and began a citywide Covid-19 testing campaign at 8 a.m. Wednesday, according to a statement from the information department of Yunnan province.

Chinese officials blamed smugglers from Myanmar for a previous surge of Covid-19 cases in Ruili in September.



India's Covid-19 surge has gone from "bad to worse," health official says


India recorded 354 Covid-19 related fatalities on Wednesday, the highest death toll reported in a single day since December 17, as officials warned the country must be on guard against surging cases.

V K Paul, a health official of a government-led think tank, said the situation appeared to be going from "bad to worse."

"Clearly we have to be very, very, vigilant," he said.

Between March 24 and March 29, India set consecutive new records for the number of Covid-19 cases identified in a day in 2021, according to a CNN tally of figures from the Indian Ministry of Health. 

Nearly 80% of the new cases over the previous 24 hours were reported from the six states of Punjab, Maharashtra, Karnataka, Tamil Nadu, Madhya Pradesh, and Gujarat, according to figures released by the ministry on Tuesday.

India has distributed more than 63 million doses of Covid-19 vaccines since it began vaccinating priority groups on January 16. Starting Thursday, anyone older than 45 can get vaccinated.

India has recorded more than 12.1 million cases of coronavirus and at least 162,468 people have died, according to the Ministry of Health.




Transport Demand Down in Australia 
Demand for public transportation fell in Australia in the past week while consumption, spending and other alternative indicators mainly increased amid little change in coronavirus-related restrictions.


In Sydney, in the week ended March 24, demand for public transport was down 12.4% from the week earlier, while the number of seated diners in Australian restaurants was 79% higher on March 29 compared with the same day a year earlier, an improvement from the 53% increase recorded on March 22, according to OpenTable Inc.

Australia had 29,296 confirmed Covid-19 cases as of March 30, a 0.2% increase in the week to date.


Brazil Sets Record for Daily Deaths 
Brazil hit a record of 3,780 on Covid-19 deaths as the pandemic spirals out of control in Latin America’s largest country. Total coronavirus fatalities reached 317,646 and 84,494 new cases were registered in the last 24 hours, totaling almost 12.7 million, while the country works to speed up vaccination under new Health Minister Marcelo Queiroga.


The country’s health regulator issued a good practices certificate for Janssen’s facilities, but denied the same certification for Bharat Biotech. Brazilian foundation Fiocruz expects to file a request to start testing the AstraZeneca/Oxford vaccine in children, the head of the organization Nisia Trindade, said in an online event promoted by the World Health Organization.


Wells Fargo Sees Return to Office in September 
 <https://www.bloomberg.com/quote/WFC:US> Wells Fargo & Co. is making plans to bring its employees back into offices in September.


The U.S. bank with the largest workforce has about 200,000 employees working from home and is extending that arrangement through Sept. 6. It aims to return to a “more normal operating model” that month, according to a memo from Chief Executive Officer Charlie Scharf and Chief Operating Officer Scott Powell.

“The significant increase in vaccination availability” has encouraged the bank and allowed it to begin planning for the employees’ return, the executives said in the memo.


Chile Signs Vaccine Deal with CanSino 
Chile signed an agreement with CanSino Biologics Inc. for 1.8 million Covid vaccine doses that will start to arrive in May, the government’s Vice Minister of Trade Rodrigo Yanez said  <https://www.bloomberg.com/news/articles/2021-03-30/chile-inks-covid-vaccine-deal-with-cansino-amid-worst-virus-wave> in an interview.


The country has already received close to 13 million total shots against Covid-19 and it’s expecting the arrival of an extra 15 million doses by June to reach herd immunity in the first half of the year, Yanez said. CanSino, which is a one-shot vaccine, will provide 1.8 million doses, while the remaining supply will come from Pfizer-BioNTech, Sinovac and AstraZeneca.


Kenyans Pay $70 a Shot for Russia’s Sputnik 
Kenyans have begun getting inoculated with Russia’s Sputnik V vaccines  <https://www.bloomberg.com/news/articles/2021-03-30/kenyans-pay-70-for-a-shot-or-russia-s-sputnik-v-vaccine> for a fee after the nation’s authorities approved the shots for emergency purposes.


A single shot costs 7,700 shillings ($70.30), according to Nairobi-based lawyer Donald Kipkorir, who got an injection Tuesday.


U.S. Covid Deaths Expected to Rise Soon 
Covid-19 deaths in the U.S. are expected to bottom out in the next two weeks and then  <https://www.bloomberg.com/news/articles/2021-03-30/u-s-covid-deaths-expected-to-rise-soon-with-new-wave-emerging> may inch higher as the nation races to blunt an incipient new wave of cases with its vaccination campaign.


A plateau or small increase -- instead of the hoped-for decline -- could mean tens of thousands of additional fatalities.

The deaths are likely to dip to 6,028 in the week ending April 10 before slightly increasing, according to the Covid-19 Forecast Hub, a project from the University of Massachusetts Amherst’s Reich Lab. Its so-called ensemble forecast, which was updated Tuesday, is based on dozens of independent models and projects fatalities four weeks into the future.


Ireland Easing Limits After 3-Month Lockdown 
Ireland will begin easing some restrictions from April 12, after more than three months in lockdown. Travel restrictions will be loosened while some sports and construction will resume, Irish Prime Minister Micheal Martin said in a national address. Limits on household mixing will also be reduced. The government may open so-called non-essential retail in May and hotels in June, depending on the state of the virus, Martin said. Vaccines are to ramp up sharply in the second quarter he added. “We are on the final stretch of this terrible journey,” he said.




WHO Chief Faults Covid Report 
The World Health Organization’s chief said a mission to study the origins of the coronavirus in China didn’t adequately analyze the possibility of a lab leak before it concluded that the pathogen probably spread from bats to humans via another animal.


Director-General Tedros Adhanom Ghebreyesus said even though the international team of scientists determined that a leak is the least likely hypothesis for the origin of the pandemic, it requires further investigation. He said he’s ready to deploy additional missions involving specialist experts as he doesn’t believe the assessment was extensive enough. He made the comments in a briefing to WHO member countries Tuesday.


Greece Cases Surge as Reopening Looms 
Greece reported 4,340 new Covid-19 cases Tuesday, the highest daily increase since the start of the pandemic. The last record was 3,586 new cases on March 23. Despite the rise, the government is coming under increasing pressure to begin a faster easing of lockdown measures to help the retail and restaurant sectors. Medical advisers to the government will meet Wednesday to formulate recommendations, with non-essential shops seen reopening in some form from April 5 and citizens allowed to move again outside the municipality where they live from April 3. A ban on movement between regions will likely continue.




Google Gives $1 Million for NYC Vaccinations 
Google will donate $1 million to help New York City reach its goal of 5 million vaccinations by the end of June, Mayor Bill de Blasio said. The donation includes advertising grants to run ads on where, when and how to get a vaccine, as well as a grant from the tech giant’s philanthropic arm to set up an inoculation center at the Fulton Houses public-housing complex in Chelsea, near Google’s main New York office. De Blasio said Tuesday that the city is approaching 4 million vaccine doses.


Iceland Tightens Border Surveillance 
Iceland said travelers from so-called danger zones, which is most of Europe, will need to stay in a special hotel for their obligatory five-day quarantine upon arrival. The reason is that infections have been spread by visitors who have broken quarantine to view a new volcanic eruption.




Germany to Recommend Astra Just for Over 60s 
Germany is planning to recommend the use of AstraZeneca’s vaccine only for people older than 60, after new data emerged on potential side effects from the shots.


The country’s vaccination commission has drafted a decision paper that leaves open the possible use for younger people at a doctor’s discretion, according to a person familiar with the draft document. A final decision still needs to be made and could be announced as early as Thursday.


BioNTech Raises Target to 2.5 Billion Doses 
BioNTech and Pfizer raised this year’s production target for their vaccine to as many as 2.5 billion doses, with the German biotech’s chief executive officer  <https://www.bloomberg.com/news/articles/2021-03-30/biontech-raises-2021-covid-vaccine-target-to-2-5-billion-doses> predicting a version of the shot that can be stored in refrigerators will be ready within months.


The new target represents an increase of about one quarter from an earlier estimate. BioNTech said it expects 9.8 billion euros ($11.5 billion) in revenue from the supply contracts signed already, which amount to 1.4 billion doses. Revenue expectations include milestone payments from BioNTech’s partners and will rise as more orders are signed, the company said.


Indian State Orders Oxygen Supply Reserves 
The government of Maharashtra, the Indian state that houses Mumbai, on Tuesday ordered oxygen suppliers to reserve 80% for medical use. The new rule will stay in force through June 30. India has seen a recent resurgence in infections that threatens the nation’s economic recovery.


 

 

 


 


 


 

 


 

INVESTORS DIARY 2021

 


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