Coronavirus Global Updates May 07 :::Bangkok Covid Cases Rise to Daily Record; African Leaders Seek Vaccine-Making Sites; Singapore Finds Two New Cases Before Crackdown

Fri May 7 11:04:23 CAT 2021

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Coronavirus Global Updates May 07 :::Bangkok Covid Cases Rise to Daily Record; African Leaders Seek Vaccine-Making Sites; Singapore Finds Two New Cases Before Crackdown

 <https://www.facebook.com/Hyundaizimbabwe/> 

Zimbabwe COVID19 Update

COVID-19 update: As at 06 May 2021, Zimbabwe had 38 398 confirmed cases, including 36 027 recoveries and 1 575 deaths. To date, a total of 478 174 people have been vaccinated against COVID-19. 

Japan to Extend Emergency; Shorter H.K. Quarantine: Virus Update

Japan is set to extend a virus state of emergency that includes Tokyo to the end of May. Hong Kong will  <https://www.bloomberg.com/news/articles/2021-05-07/h-k-to-shorten-quarantine-for-fully-vaccinated-travelers-scmp> shorten mandatory quarantine stays for fully vaccinated inbound travelers, the South China Morning Post reported.

German Chancellor Angela Merkel opposed a U.S.-backed proposal to waive intellectual-property protections for Covid-19 vaccines,  <https://www.bloomberg.com/news/articles/2021-05-06/merkel-pushes-back-on-vaccine-patent-waiver-in-clash-with-biden> casting doubt on international support for the idea. Boris Johnson’s ruling U.K. Conservatives won a historic victory in the parliamentary district of Hartlepool, helped by local support from Brexit and the successful coronavirus innoculation rollout.

A  <https://www.bloomberg.com/news/articles/2021-05-06/india-s-modeling-has-covid-outbreak-peaking-in-coming-days> mathematical model prepared by advisers to Prime Minister Narendra Modi suggests India’s coronavirus outbreak could peak in the coming days. But the group’s projections have been changing and were wrong last month, and India reported another day of record cases on Friday with more than 414,000 infections.

Pfizer Inc. and BioNTech SE can make as many as  <https://www.bloomberg.com/news/articles/2021-05-06/pfizer-biontech-can-supply-3-billion-vaccine-doses-this-year> 3 billion doses this year, more than double what the partners forecast six months ago.

 <https://www.bloomberg.com/graphics/covid-vaccine-tracker-global-distribution/> 

Bangkok Covid Cases Rise to Daily Record
Thailand’s capital, Bangkok, reported a  <https://www.bloomberg.com/news/terminal/QSQ2G6T1UM10> new high in infections with 869 Covid-19 cases out of the 2,044 infections added nationally on Friday. Total infections in the country increased to 78,855 while 27 new deaths took total fatalities to 343.

The capital remains the country’s epicenter of the latest surge in cases. More beds for serious cases are needed until the middle of May as infections will likely increase, said Taweesilp Visanuyothin, spokesman for the Center for Covid-19 Situation Administration, at a briefing.

African Leaders Seek Vaccine-Making Sites 
Rwanda, South Africa and Senegal are among countries calling for the establishment of full vaccine-manufacturing  <https://www.bloomberg.com/news/articles/2021-05-07/african-leaders-seek-vaccine-making-sites-to-counter-inequality> plants to prepare for future pandemics after Africa found itself at the back of the queue for Covid-19 shots.

While many developed nations are well advanced with their vaccination rollouts, most African countries are almost out of initial supplies and the continent accounts for just 2% of global administered shots, data from the Africa Centers for Disease Control and Prevention show.

Hong Kong to Shorten Quarantine, SCMP Says 
Hong Kong will shorten  <https://www.bloomberg.com/news/articles/2021-05-07/h-k-to-shorten-quarantine-for-fully-vaccinated-travelers-scmp> quarantine periods for fully vaccinated inbound travelers and residents who are close contacts of people infected with Covid-19, the South China Morning Post reported, easing one of the world’s strictest policies amid efforts to encourage inoculation.

The newspaper did not elaborate on how long the new quarantine periods would be. Hong Kong currently requires a mandatory 21-day hotel quarantine for many arrivals, and two weeks for people coming from a handful of low-risk countries including Australia and New Zealand.

China Vaccine Stocks Rebound as Merkel Opposes Patent Waiver 
Shares of Covid-19 vaccine developers in Asia got some  <https://www.bloomberg.com/news/articles/2021-05-06/asian-vaccines-maker-shares-slammed-as-u-s-backs-ip-waiver> relief after the German Chancellor rejected a U.S. proposal to waive patent protections for coronavirus shots.

Chinese vaccine makers including Shanghai Fosun Pharmaceutical Group Co. rebounded after slumping on Thursday following the initial news that the U.S. would support discussions for a waiver of the rights to develop vaccines.

Ho Chi Minh City to Shut Some Schools 
Ho Chi Minh City officials ordered the temporary closing of classes excluding those for 9th and 12 graders beginning May 10 over Covid-19 concerns, Tuoi Tre newspaper reported, citing the city government’s order. The city’s school closures follow similar moves in Hanoi and 13 provinces, according to the paper.

Japan Poised to Extend Virus Emergency to May 31, NHK Says
Japanese Prime Minister Yoshihide Suga is set to  <https://www.bloomberg.com/news/articles/2021-05-06/japan-poised-to-extend-virus-emergency-to-may-31-nhk-says> extend a virus state of emergency that includes Tokyo to the end of May and expand it to cover two more regions hit by rising case numbers, public broadcaster NHK said Friday.

The move, which comes less than three months before the capital is set to host the Olympics, will add the industrial region of Aichi and the southern prefecture of Fukuoka to areas subject to restrictions.

India’s Modeling Has Covid Outbreak Peaking 
A  <https://www.bloomberg.com/news/articles/2021-05-06/india-s-modeling-has-covid-outbreak-peaking-in-coming-days> mathematical model prepared by advisers to Prime Minister Narendra Modi suggests India’s coronavirus outbreak could peak in the coming days, but the group’s projections have been changing and were wrong last month.

The team’s most recent forecast puts them more in line with at least some other scientists, who have suggested a mid-May peak for India.

Singapore Finds Two New Cases Before Crackdown 
Singaporean authorities found two new Covid-19  <https://www.bloomberg.com/news/terminal/QSPJH0T1UM15> cases in the local community on Thursday, marking the third straight day of single-digit infections just before tighter social distancing rules and border controls kick in later this week.

Australia to Resume Repatriation Flights From India 
Australia will resume  <https://www.bloomberg.com/news/articles/2021-05-06/australia-to-resume-repatriation-flights-from-india-on-may-15> repatriation flights for citizens stranded in pandemic-hit India from May 15, Prime Minister Scott Morrison said.

Three flights are planned for May, aiming to evacuate some of the 900 Australians in India considered to be vulnerable to the pandemic to a facility in the Northern Territory, Morrison told reporters in Newcastle on Friday. There’s been no decision on the resumption of normal commercial flights from the country, he said.

Australian Borders May Not Fully Open Until Mid-2022, AFR Says
Australia’s international  <https://www.bloomberg.com/news/terminal/QSPJBDDWLU75> borders may not completely open until the middle or the second half of 2022, the Australian Financial Review said, citing reported comments Friday by Trade Minister Dan Tehan.

U.K. to Offer Under-40s AstraZeneca Alternative 
The U.K. plans to offer under-40s an  <https://www.bloomberg.com/news/articles/2021-05-06/u-k-to-offer-under-40s-alternative-to-astrazeneca-covid-vaccine> alternative to the AstraZeneca Plc Covid-19 vaccination because of concerns about blood clots that so far have affected a tiny proportion of those receiving shots, a person familiar with the matter said. The decision following a recommendation by the Joint Committee on Vaccination and Immunisation may be announced as soon as Friday, according to the person.

North Carolina Cites 50% Vaccine ‘Milestone’ 
More than half of North Carolina adult residents have received at least one vaccine dose, a “milestone” toward the state’s goal of ending mandatory social distancing, capacity and mass gathering restrictions on June 1.

”This is a significant milestone toward our goal of stopping the spread of COVID-19 and bringing summer back,” state health Secretary Mandy K. Cohen said in a statement.

Even so, state data show the vaccination pace has slowed by about half since March. North Carolina has covered 36% of its population, compared with a U.S. average of slightly more than 39%.

England Finds Indian Variant Is Widespread 
The Indian variant of the virus was found across England, the Guardian reported, citing leaked emails on the latest case count.

The variant was uncovered in care homes, the paper said, raising concerns that it’s spreading quickly across communities. Public Health England is set to escalate one of the variants to one “of concern,” the newspaper said.

Merkel Opposes Waiving Patents 
German Chancellor Angela Merkel weighed in against a U.S. proposal to waive intellectual-property protections for Covid-19 vaccines,  <https://www.bloomberg.com/news/articles/2021-05-06/merkel-pushes-back-on-vaccine-patent-waiver-in-clash-with-biden> casting doubt on whether the idea has enough international support to become a reality.

“The limiting factor in the manufacture of vaccines is production capacity and the high quality standards, not the patents,” a government spokeswoman in Berlin said by email. “Protecting intellectual property is the wellspring of innovation and it must remain so.”

NYC Pitches Vaccine Tourism 
New York Mayor Bill de Blasio said he is working with state officials to offer free vaccines to visitors as a way to encourage them to visit and spur tourism.

Mobile vans will bring Johnson & Johnson one-dose shots to Times Square, Brooklyn Bridge Park and other popular locations, de Blasio said Thursday during a briefing.

“We think this is a positive message to send to tourists,” the mayor said. “Come here and we’re going to take care of you.”

The city plans a $30 million marketing blitz to recharge its tourism industry. Capacity restrictions on restaurants, stores and shows will be lifted on May 19 as Covid-19 cases decrease and vaccinations increase, Governor Andrew Cuomo said this week. Broadway tickets for September shows went on sale today.

Pfizer Raises Production Target 
Pfizer and BioNTech have capacity to make as many as  <https://www.bloomberg.com/news/articles/2021-05-06/pfizer-biontech-can-supply-3-billion-vaccine-doses-this-year> 3 billion doses of their Covid-19 vaccine this year, more than double the amount the partners had predicted less than six months ago.

The partners will further increase their capacity for 2022 to more than 3 billion doses, BioNTech said in an e-mailed statement.

The increase is the latest in a series of production target boosts and comes amid increased demand for messenger RNA Covid vaccines around the world.

INVESTORS DIARY 2021

Company

Event

Venue

Date & Time

NMB

AGM

virtual

12/05/21 :  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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