Coronavirus Global Updates May 03 ::: India Covid Cases Slow; Singapore Sees Flareup

Mon May 3 12:25:13 CAT 2021

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Coronavirus Global Updates May 03::: India Covid Cases Slow; Singapore Sees Flareup

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Zimbabwe COVID19 Update

COVID-19 update: As at 01 May 2021, Zimbabwe had 38 260 confirmed cases, including 35 620 recoveries and 1 568 deaths. To date, a total of 428 135 people have been vaccinated against COVID-19. 

India Covid Cases Slow; Singapore Sees Flareup: Virus Update

Prime Minister Narendra Modi has lost a crucial election as India’s Covid crisis deepens, with an official in his Bharatiya Janata Party conceding defeat in the populous state of West Bengal. Modi had been widely criticized for continuing to hold mass rallies in the state in as infections rose.

Talks starting this week between the U.S. and the World Trade Organization over expanding access to vaccines will focus on how to get them “widely distributed, more widely licensed, more widely shared,” according to White House Chief of Staff Ron Klain. U.S. cases dropped to 45,236, the fewest on a Saturday since late September.

Daily deaths in India hit a record 3,689 on Sunday, while the number of cases slowed slightly after the country became the first to cross the mark of  <https://www.bloomberg.com/news/terminal/QSETACDWLU6A> 400,000 cases in a day. U.K. Foreign Secretary Dominic Raab pledged to send 1,000 ventilators.

Singapore Sees First Covid Death in Nearly Two Months Amid Flareup 
Singapore saw its first fatality from Covid-19 in nearly two months over the weekend, amid a flareup of cases. An 88-year-old woman with a history of cancer and cardiac failure passed away on Saturday after she was treated in a hospital, where a cluster of 27 cases has been identified since last week.

The cluster is Singapore’s first in a hospital and raises concern that the city’s hard-won success in fighting the virus is slipping, potentially threatening efforts to open up a long-awaited travel bubble with Hong Kong and host major events including the World Economic Forum and Shangri-la Dialogue.

Oman to Ban Businesses From Operating, Cancels Eid prayers 
Oman plans to impose one of the strictest restrictions in the Gulf during the Eid religious holidays next week. It will ban most commercial activities for a week from May 8 and cancel Eid prayers and gatherings. Food sale outlets, petrol stations, home delivery services, health care providers and pharmacies will be exempt.

Taiwan Covid Infections Could Spread Beyond Families 
Covid infections in Taiwan are on the brink of spreading beyond the families of 24 confirmed cases, which includes pilots of China Airlines and employees of the Novotel at Taoyuan International Airport, Apple Daily reports, citing health minister Chen Shih-chung. The country reported  <https://www.bloomberg.com/news/terminal/QSIOVYDWRGGD> two local cases on Monday.

It’s unlikely authorities will be able to track down the source of the first infection in the cluster, Chen said, with one possible scenario being flight crew infecting hotel workers. Taiwan last reported a flareup in January and February, when infections at the Taoyuan General Hospital rose to 21 cases. Taiwan has 1,137 confirmed cases as of Sunday, including 997 imported cases, 92 local cases, and 9 pending investigation.

Thailand Reports Highest Death Count 
Thailand reported 31 Covid-19 fatalities, the highest single-day count so far, to total 276 as an outbreak which began in April continues to spread.

It also reported 2,041 new infections, taking the total caseload to 70,425. Bangkok added 675 cases on Monday and remains the epicenter. Most cases in recent weeks came from households with infections spreading among family members or work colleagues, said Apisamai Srirangsan, spokeswoman at the Center of Covid-19 Situation Administration.

India Virus Case Count Slows Second Day 
The number of confirmed Covid-19 cases in India slowed for a second day to a total of 19.93 million. New infections of 368,147 reported on Monday were the lowest in five days. Casualties stood at 3,417 compared with 3,689 on Sunday.

Vietnam’s Clubs, Karaoke Parlors Told to Shut 
Vietnam, which has among the lowest number of infections in Southeast Asia,  <https://www.bloomberg.com/news/terminal/QSID0TDWLU69> has ordered non-essential venues like clubs, gaming sites and karaoke parlors to shut to prevent the coronavirus from spreading after new local cases last week for the first time in a month.

The government also ordered the suspension of events that will attract crowds, the health ministry said but didn’t disclose details on the timing of the curbs.

Hong Kong Testing Hits Daily Record 
Covid tests in Hong Kong hit a daily record on Saturday after the government made it compulsory for all foreign domestic workers in the city to get tested after finding the first locally acquired case of a Covid-19 variant.

The move has prompted a warning from the Philippines’  <https://www.scmp.com/news/hong-kong/health-environment/article/3131944/coronavirus-two-imported-cases-expected?module=lead_hero_story_2&pgtype=homepage> consul general in Hong Kong not to force foreign domestic workers to get vaccinated because such a move was discriminatory.

The government tested more than 113,000 people on Saturday, 52,000 of which were foreign domestic workers, it said. No tests came back preliminarily positive by Sunday evening.

IOC Estimates 60% of Olympic Athletes to Be Vaccinated, Nikkei Reports 
The International Olympic Committee estimates that about 60% of 10,000 athletes going to Japan for the Tokyo Olympic Games will be vaccinated, the Nikkei newspaper reported, citing people involved in the games.

The IOC recommends that athletes get the vaccine but it isn’t obligatory. The committee reported its estimates at a five-party meeting on April 28, which included the Tokyo government, the Nikkei said.

U.S. in Talks on Vaccine Tech Waivers 
Talks starting this week between the U.S. and World Trade Organization over expanding access to vaccines will focus on how to get them “widely distributed, more widely licensed, more widely shared,” according to White House Chief of Staff Ron Klain. “We’re going to have more to say about that in the days to come.”

Trade Representative Katherine Tai is leading the U.S. side, Klein said on CBS’s “Face the Nation” on Sunday. “Intellectual property rights is part of the problem, but really, manufacturing is the biggest problem,” he added.

India, South Africa and other countries are seeking a WTO waiver to ease intellectual property protections for Covid-19 vaccines. The U.S. administration is reluctant to let countries force drug makers to turn over proprietary know-how.

California Cases Inch Up 
California reported 2,254 new cases yesterday, a rate of 4.2 new cases per 100,000, the health department’s  <https://covid19.ca.gov/state-dashboard/#top> website said. That’s higher than the previous day’s 2,094 new confirmed cases. There were 123 deaths for a total of 60,748. The seven-day positive test rate stood at 1.2%. California has administered more than 30.4 million vaccines in total.

Saudi Allows Vaccinated to Travel Abroad 
Saudi Arabia will allow citizens who have received both doses of the vaccine to travel from May 17, state-run SPA reported, citing the interior ministry. The country will also fully open its air, land and sea borders from May 17.

Citizens who have received one dose of the vaccine can only travel 14 days later, while those who have had Covid-19 are permitted to travel within 6 months of having had the virus, according to SPA. Citizens under 18 will be able to travel with health insurance and must quarantine on their return to Saudi.

Quarter of U.K. Now Fully Vaccinated 
The U.K. has now given a second vaccine to 15.3 million people, more than a quarter of the adult population. Almost 35 million people, over half the entire population have received a first shot.

The vaccine rollout, coupled with months of lockdown measures have led to a sharp drop in cases and deaths. New cases were at 1,671, the fewest since September and only 14 daily Covid-related deaths were reported by health authorities Sunday.

The decline in cases and deaths is allowing the government to ease lockdown measures, and Foreign Secretary Dominic Raab said Sunday that the government would “shortly” announce details on how restrictions on leisure travel will be lifted on May 17.

Gottlieb Expects Pfizer Push for Younger Teens 
About five million children could immediately get vaccinated if the Food and Drug Administration approves Pfizer-BioNTech’s vaccine for use in those under the age of 16, former FDA Commissioner Scott Gottlieb said in an interview Sunday with CBS’s “Face the Nation.” An additional five to seven million could get vaccinated before the start of the next school year, he said.

“That will be incremental, Americans getting vaccinated against Covid, and hopefully providing protection in an age group that has been susceptible to the infection,” he said. Gottlieb is on the board of directors for Pfizer, which last month asked the U.S. Food and Drug Administration to grant emergency use authorization for children ages 12-15.

Indian Drugmaker Blames Government 
The head of the world’s largest vaccine maker blamed coming shortages in India on the failure of Prime Minister Narendra Modi’s government to anticipate a second viral wave, the Financial Times reported. Adar Poonawalla, chief executive officer of India’s Serum Institute, told the newspaper that a severe vaccine shortage would persist through July.

He said the government “took it easy” after cases declined in January. “Everybody really felt that India had started to turn the tide on the pandemic,” Poonawalla said.

INVESTORS DIARY 2021

Company

Event

Venue

Date & Time

FCB

AGM 

virtual

06/05/21 : 3pm

NMB

AGM

virtual

1205/21 :  3:30pm

Africa Day

25/05/21

Public Holiday in lieu of Independence Day falling on a Sunday

19/04/21

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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