Coronavirus Global Updates May 11 ::: Variant From India Is in 44 Nations; Sinovac Study

Wed May 12 09:32:33 CAT 2021

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Coronavirus Global Updates May 11 ::: Variant From India Is in 44 Nations; Sinovac Study

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Zimbabwe COVID19 Update

COVID-19 update: As at 11 May 2021, Zimbabwe had 38 448 confirmed cases, including 36 221 recoveries and 1 579 deaths. To date, a total of 539 526 people have been vaccinated against COVID-19. 

Variant From India Is in 44 Nations; Sinovac Study: Virus Update

The more-infectious coronavirus driving a catastrophic Covid-19 epidemic in India has been  <https://www.bloomberg.com/news/articles/2021-05-12/virus-strain-behind-deadly-india-outbreak-detected-in-44-nations> detected in 44 countries, just as the Asian nation reported a record daily  <https://www.bloomberg.com/news/terminal/QSZ791T0G1KW> death count.

 <https://www.bloomberg.com/news/articles/2021-05-11/china-s-sinovac-shot-found-highly-effective-in-real-world-study> Sinovac Biotech Ltd.’s vaccine is wiping out Covid-19 among health workers in Indonesia, an encouraging sign for developing countries reliant on the Chinese shot, which performed worse than western alternatives in clinical trials.

Thailand plans to  <https://www.bloomberg.com/news/articles/2021-05-12/thai-virus-epicenter-aims-to-vaccinate-majority-of-its-residents> inoculate the majority of the adult population in Bangkok in the coming months to quell a flareup. England reported  <https://www.bloomberg.com/news/articles/2021-05-11/england-reports-zero-covid-deaths-for-first-time-in-14-months> no deaths from the disease in its latest daily update.

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

France Readies “Health Pass” 
After an initial rejection on Tuesday, France’s National Assembly adopted a provision that will allow for the creation of a “health pass” for people who are immunized against Covid-19 or who have tested negative. They will be able show a certificate to travel and join group gatherings.

Taiwan Tightens Control Measures 
The government will strengthen Covid-19 control measures at businesses around Taiwan, health minister Chen Shih-chung said as a daily record of 16 local cases were reported on Wednesday. Those who fail to comply will face fines or closure of businesses and the government will expand contact tracing. Liberty Times earlier cited the minister as saying Taiwan may elevate its  <https://www.bloomberg.com/news/terminal/QSZ2XIDWX2PX> alert level for the virus.

Strain From India Epidemic Spreading 
The more-infectious coronavirus driving a catastrophic Covid-19 epidemic in India was  <https://www.bloomberg.com/news/articles/2021-05-12/virus-strain-behind-deadly-india-outbreak-detected-in-44-nations> detected in 44 countries, according to the World Health Organization, which urged more studies to understand its severity and propensity to cause reinfections.

The strain, identified in October, spawned three versions -- B.1.617.1, B.1.617.2 and B.1.617.3 -- amid an unprecedented spike in Covid-19 cases that made the South Asian country the site of world’s worst coronavirus crisis.

Though there may be important differences among the three, the available evidence is too limited to characterize them individually, the WHO said in a report Tuesday. Any impacts on effectiveness of vaccines or therapeutics remain uncertain, it said.

Bangkok’s Vaccination Push 
Thailand plans to  <https://www.bloomberg.com/news/articles/2021-05-12/thai-virus-epicenter-aims-to-vaccinate-majority-of-its-residents> inoculate the majority of the adult population in Bangkok in the coming months to quell a flareup in virus infections that’s made the capital city the epicenter of the nation’s biggest Covid-19 outbreak.

More than 7 million residents will be able to get their shots at hospitals, malls, gymnasiums and mobile vaccine units, according to Sophon Mekthon, vice minister of public health. With only about 5% of Bangkok’s adult population currently vaccinated, the goal is to reach 70% as soon as possible, he said.

The Southeast Asian nation, which was largely successful in containing the pandemic for much of last year, has been hit by a third wave of infections that started in Bangkok’s night entertainment venues.

India’s New Cases May Have Peaked 
A tracker developed by researchers at Cambridge Judge Business School and the National Institute of Economic and Social Research suggests the number of new coronavirus  <https://www.bloomberg.com/news/articles/2021-05-12/india-s-new-covid-cases-have-peaked-cambridge-tracker-shows> infections in India has peaked.

“But there is substantial variation among states and union territories in their trajectories, with cases continuing to increase over the next two weeks in areas such as Assam, Himachal Pradesh, Tamil Nadu and Tripura,” the researchers wrote.

The projections are in line with those from some other experts, including Prime Minister Narendra Modi’s advisers. Still, the nation has reported more than 300,000 new infections for more than 20 straight days and health services remain overwhelmed.

Singapore Airport Cluster Widens 
Singaporean authorities found 13 new cases of coronavirus with more than half linked to an existing  <https://www.bloomberg.com/news/terminal/QSYSKAT0AFB4> cluster at Changi Airport as the government stepped up testing to track down the spread in the local community.

Singapore has taken an aggressive approach in tackling an uptick in coronavirus infections by tightening border controls and reimposing stricter social distancing rules in recent weeks.

Lawrence Wong, the minister who co-chairs the government’s virus taskforce, said the country’s virus situation is “now on the knife’s edge” and community cases could go either way over the next few weeks.

Indian Businesses Hit
Some  <https://www.bloomberg.com/news/articles/2021-05-12/businesses-suspend-operations-help-staff-as-virus-ravages-india> companies in India are temporarily halting business or offering unusual assistance to employees as a devastating wave of the coronavirus sickens and kills hundreds of thousands.

Feng Tay said it will suspend its Indian factories for 10 working days to keep its employees safe, following firms including Honda Motor Co. and Suzuki Motor Corp. that have announced similar decisions in recent days.

Developer Godrej Properties Ltd. extended a long weekend by three days to offer its employees time “to heal” while property company The Lodha Group will pay 12 months salary to the family of any of its associates who dies of Covid while in the service of the firm.

Korea Seeks Vaccine Partnership 
“ <https://www.bloomberg.com/news/terminal/QSYYSIDWRGG5> Vaccine partnership” is on the agenda for next week’s bilateral summit between South Korean President Moon Jae-in and his U.S. counterpart Joe Biden, according to presidential chief of staff for policy Lee Ho-seung.

The U.S. has the original vaccine technology, while South Korea has world-class bio-production facilities, said Lee,adding that the Asian nation could potentially become a “global hub” for vaccine production.

Hanoi Restricts Gatherings 
Hanoi  <https://www.bloomberg.com/news/terminal/QSYTQ5DWLU6Y> banned gatherings of more than 10 people in public places and requested the suspension of non-essential meetings and events.

The city, which is asking residents to leave home for essential reasons only, closed parks after a new outbreak centered in North Vietnam began April 27. The municipality also requested beer establishments, wet markets and most restaurants to close.

WEF to Go Ahead in Singapore 
The World Economic Forum plans to go ahead with its annual meeting in Singapore this August despite a jump in coronavirus cases that prompted the Asian city-state to reimpose restrictions and tighten border controls.

The  <https://www.bloomberg.com/news/articles/2021-05-11/wef-still-proceeding-with-singapore-meeting-even-as-virus-spikes> WEF’s marquee event, typically held in the Swiss ski resort of Davos, is scheduled for Aug. 17-20.

Singapore last week curbed entry for most foreign workers and ordered mass testing after new cases of the virus.

Malaysia Unifies Covid Protocols 
Malaysia will follow a standardized  <https://www.bloomberg.com/news/terminal/QSXSVOT1UM0Z> protocol nationwide to make it easier for people to comply with social-distancing procedures as the nation bolsters efforts to stem a new wave of Covid infections.

The decision comes after Prime Minister Muhyiddin Yassin extended the restrictions on movements nationwide to rein in the fresh wave that has left some hospitals low on ICU beds. There’s been confusion among the public over the different protocols that have been imposed from time to time to tackle the pandemic.

The Maldives Bans India Tourists 
The Maldives, which has one of the world’s fastest growing Covid-19 outbreaks, has  <https://www.bloomberg.com/news/articles/2021-05-11/maldives-tightens-curfew-bans-india-tourists-on-covid-concern> tightened its restrictions.

Residents of Male, the capital, are now required to stay indoors from 4 p.m., until 4 a.m. and visas for tourists from India and other nations in South Asia will be halted from May 13, the Indian Ocean archipelago’s Health Protection Agency said in Twitter postings.

Brazil Halts Astra Shots for Pregnant Women 
Covid-19 vaccination of  <https://www.bloomberg.com/news/terminal/QSYQVODWRGG0> pregnant and postpartum women with AstraZeneca vaccine will be temporarily interrupted in Brazil, the country’s Immunization Program coordinator Franciele Francinato said during a press conference. Pfizer and Sinovac’ vaccines will continue to be given out.

J&J Benefits Outweigh Risks, CDC Says
U.S. health agencies have identified 23 cases of a rare and dangerous blood-clotting condition among people who have received Johnson & Johnson’s Covid-19 vaccine, according to an update on the Centers of Disease Control and Prevention website.

As of May 4, more than 8.4 million doses of the J&J vaccine have been administered. Only 23 cases of so-called thrombosis with thrombocytopenia syndrome have been identified, underscoring that the known and potential benefits of the vaccine outweigh its potential risks, the CDC said.

Study Finds China’s Sinovac Effective 
 <https://www.bloomberg.com/news/articles/2021-05-11/china-s-sinovac-shot-found-highly-effective-in-real-world-study> Sinovac Biotech Ltd.’s vaccine is wiping out Covid-19 among health workers in Indonesia, an encouraging sign for the dozens of developing countries reliant on the controversial Chinese shot, which performed far worse than western vaccines in clinical trials.

Indonesia tracked 25,374 health workers in capital city Jakarta for 28 days after they received their second dose and found that the vaccine protected 100% of them from death and 96% from hospitalization as soon as seven days after, said Health Minister Budi Gunadi Sadikin in an interview on Tuesday. The workers were tracked until late February.

“We see a very, very drastic drop,” in hospitalizations and deaths among medical workers, Sadikin said. It’s not known what strain of the coronavirus Sinovac’s shot worked against in Indonesia, but the country hasn’t flagged any major outbreaks driven by variants of concern.

Scotland to Ease Restrictions 
Scots will be able to drink alcohol indoors at pubs and restaurants from next week and meet more people in their homes after a reduction in new cases, First Minister Nicola Sturgeon said.

The general success of the vaccination rollout means some restrictions are being lifted ahead of schedule, she told reporters in Edinburgh. Cinemas, theaters and casinos will be able to reopen from Monday, and the government is also reviewing rules on physical distancing.

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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