WASHINGTON—The International Monetary Fund is likely to lower its global economic growth estimates due to the new Omicron variant of the coronavirus, the global lender’s chief said at the Reuters Next conference on Friday. Omicron has spread to at least 40 countries since it was first reported in South Africa last week, officials say, and…
IMF Chief Says Omicron Could Dent Global Economic Growth
December 4, 2021
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Mass Jail Break in Nigeria Threatens Terror Spike
JOS, Nigeria—A spectacular prison break on Nov. 26 in Jos, Nigeria has embarrassed authorities and sparked fears of a terrorist crime spree in Africa’s most populous nation. At least 252 inmates escaped after a black-clad, six-man team dropped from a speeding van at 5:20 p.m. and blasted through a gate lock with bullets and overpowered…
Stocks Stumble, Yields Choppy After US Jobs Report as Omicron Looms
December 3, 2021
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NEW YORK/LONDON—Global stock markets faltered on Friday, while benchmark bond yields gave up earlier gains after data showed U.S. job growth slowed considerably in November and markets stayed volatile as investors assess implications from the new Omicron coronavirus variant. After opening higher, Wall Street’s main indexes quickly turned negative in morning trading. European markets also…
Lamine Diack, Ex IAAF Chief Convicted of Corruption, Dies
DAKAR, Senegal—Lamine Diack, the controversial long-time leader of track and field who was convicted of extorting money from athletes and accused of taking bribes in an Olympic hosting vote, has died, his family said Friday. He was 88. Awa Diack, niece of the former International Olympic Committee member, told The Associated Press that “my uncle…
Roche Develops New Research Test Kits for Omicron Variant
December 3, 2021
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ZURICH—Roche’s newly acquired subsidiary TIB Molbiol has developed three new test kits to help researchers detect mutations in the new Omicron variant of coronavirus, Roche said on Friday. Governments around the world are urgently scouring databases for recent cases of COVID-19 infections, screening travelers, and decoding the viral genomes of the new variant as they…
World Shares Mostly Higher After Broad Rally on Wall Street
December 3, 2021
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BANGKOK—Stocks were mostly higher in Europe and Asia after a broad rally on Wall Street as investors awaited U.S. employment and other data due out Friday. Concerns over the spread of the new coronavirus variant and measures governments are taking to restrain it remained, but appeared to have been assuaged by reports that its symptoms…
Study Suggests Omicron Variant Associated With Increased Reinfection Rate Compared to Delta
The Omicron variant of the CCP (Chinese Communist Party) virus is better at evading immunity from prior infection than the Delta and Beta variants, according to researchers in South Africa. Scientists in the country analyzed surveillance data and say the numbers indicate the risk of reinfection tripled between the beginning of October and the end of November….
Omicron Variant Evades Natural Immunity Better Than Delta: Study
The Omicron variant of the CCP (Chinese Communist Party) virus is better at evading immunity from prior infection than the Delta and Beta variants, according to researchers in South Africa. Scientists in the country analyzed surveillance data and say the numbers indicate the risk of reinfection tripled between the beginning of October and the end of November….
What Do We Know About Omicron?
December 2, 2021
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It’s been just days since a new strain of COVID-19 made headlines across the planet. While the World Health Organization (WHO) has warned that the new Omicron variant presents a “very high risk,” other scientists, including some with WHO, have stressed that we still have much to learn about the new CCP (Chinese Communist Party)…
South African Medical Association Chair: Omicron Cases ‘Extremely Mild’ So Far
The chair of the South African Medical Association, Dr. Angelique Coetzee, said that symptoms of Omicron have been mild so far and can be treated at home. “The majority of what we are presenting to primary health care practitioners are extremely mild cases, so mild to moderate. And so, these patients, it means they don’t need…
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