Thursday, December 23, 2021

S&P hits new record as Covid fears subside

The S&P 500 hit a new record high Thursday as jitters on Wall Street
over the spread of the Covid-19 omicron variant subside.

And there was a slew of economic data for traders to digest ahead of
the Christmas holiday.

William Denselow reports from New York.

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Former police officer who killed Daunte Wright found guilty of manslaughter

A former Minnesota police officer has been found guilty of first
degree manslaughter and second degree manslaughter in the shooting of
an unarmed man during a traffic stop.
Kim Potter had plead not guilty to the charges.
US Correspondent Rachel Silverman has details.


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US COVID Cases surge past delta peak due to Omicron

The average number of daily coronavirus infections in the United
States has surged past the recorded summer peak of the delta wave.

This is due to the highly infectious Omicron variant which has become
the dominant strain in the country.

Jagruti Dave reports from Washington.

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UKHSA: Omicron less severe

The UK Health and Security Agency says people catching the Omicron variant of Covid19 are 50-70% less likely to be admitted to hospital than previous variants. Data from other nations including South Africa and Denmark also appears to show Omicron may be less severe. Laura Makin-Isherwood reports from London.


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UK data shows hospitalizations 70% less likely for Omicron than Delta

New data in the UK suggests that people testing positive for the Omicron variant of Covid-19 are 70% less likely to require hospital treatment than people who tested positive for the Delta variant.


Research by the UK Health Security Agency also finds the effectiveness of Covid-19 boosters starts to wane ten weeks after vaccination.


Britain's health secretary called the data on hospitalizations "promising".


But Dr. Danny Altmann, professor of immunology at Imperial College London says Omicron still poses a huge threat to Britain this winter.


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Meanwhile, it's emerged in the United States that President Biden still hasn't signed a contract to purchase half a billion desperately-needed rapid test kits that the White House pledged will be distributed free-of-charge to Americans.


Our Washington Correspondent Simon Marks says the news raises fresh questions about when those kits may become available.


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Around 19k NHS staff absent for covid-related reasons on Monday

The UK's Health Secretary says the country's National Health Service is coming under increasing pressure with thousands of staff off sick.


The Omicron variant is spreading at a rapid rate and its spread lead to over 100k daily infections across the UK on Wednesday.


Chris Jones has more in London.


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US congresswoman robbed in broad daylight

A US congresswoman has been robbed in broad daylight in the city of
Philadelphia.

Mary Gay Scanlon was unhurt but the robbers took her phone and government ID.

U.S. correspondent William Denselow reports.

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GERMANY'S BOOSTER PROGRAMME SPEEDS UP WITH 35% OF POPULATION GIVEN THIRD DOSE

Germany's vaccine rollout is once again stepping up speed, with the latest daily data showing over a million jabs were administered in 24 hours. 

The vast majority of the shots were third doses - part of a nationwide acceleration of the booster program to counter the spread of Omicron. 

From Berlin, Trent Murray reports. 

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Uganda To Roll Out COVID-19 Booster Shots

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Uganda is considering to roll out booster shots for eligible people following a surge in COVID-19 cases.

 

The booster plan has been endorsed by the cabinet and health officials.

 

And the government says the country has enough vaccines in stock…

 

Michael Baleke reports from Kampala;

 

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UK STUDIES: OMICRON 'LESS SEVERE'

Early studies on the spread of Omicron in the UK suggest it is less
likely to result in hospitalisation than earlier strains of
coronavirus.

But scientists warn that may be offset by how transmissible it is -
and it could therefore still lead to a large number of
hospitalisations in a short period.

UK Prime Minister Boris Johnson is now not expected to announce any
new restrictions for the post-Christmas period this week.

FT data journalist John Burn-Murdoch says it looks like the UK Omicron
outbreak may be close to peaking already.

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Delhi bans Christmas and New Year celebrations as Omicron cases spike

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India's capital is now the Omicron hotspot of the country with at least 57 cases of the new coronavirus variant.

Authorities are springing into action to curb the spread.

But experts believe, the more virulent variant may already be spreading undetected through the city's population.

Ishan Garg reports.

 

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Australia – Calls for free testing as numbers jump

Rapid antigen tests could be distributed free of charge, as the state of New South Wales grapples with a big jump in covid cases.

Mask wearing inside will be made mandatory in the state from midnight after positive daily cases increased to 5,715, an increase of nearly 2000 from yesterdays figure.

Shaun Bindley reports.

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COURTESY AIR NEWS MEDIA - AUSTRALIA


Wednesday, December 22, 2021

FDA approves Pfizer pill for at-risk Covid patients, while White House confirms a positive case on VP's team

The US Food and Drug Administration has approved the first antiviral pill for the treatment of at-risk Covid-19 patients.


Manufactured by Pfizer, President Biden said the US hopes to make 250,000 initial courses of the drug available to American patients as early as next month.


The FDA urged Americans not to view the therapeutic as an alternative to vaccines, but the White House is calling the drug a turning point in the battle with Covid-19.


Our US correspondent Simon Marks has more.


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Our US correspondent Simon Marks says news of the drug's authorization came as the White House was confirming another case of Covid-19 at the very heart of the Biden administration.


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U.S. stocks rebound following Omicron slump

U.S. stocks rebounded strongly for a second straight day Wednesday as
investors seek to shrug off Covid-19 Omicron fears.

This comes a day after President Biden addressed the nation about the
impact of the new coronavirus variant.

William Denselow reports from New York.

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Biden claims he avoided supply chain crisis

US President Joe Biden has claimed his administration has prevented a
feared pre-Christmas supply chain crisis from unfolding.

His comments came as he met with his Supply Chain Disruptions Task
Force as well as business leaders to discuss the ongoing challenges
caused by global supply chain disruptions.

Jagruti Dave reports from Washington.

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US regulators approve Covid-19 pill

The US Food and Drug Administration has authorized the first COVID-19
antiviral pill in the United States.

Treatment with Paxlovid, from Pfizer, must be started days after
symptoms first appear.

US Correspondent Rachel Silverman has details.

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Maxwell jury deliberates for a third day.

The jury in the trial of Ghislaine Maxwell are deliberating for a third day.

The British socialite has pleaded not guilty to charges relating to
the sex trafficking of minors.

Sarah Walton reports

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New York bracing for “intense but brief” flight against Omicron

New York City's Mayor Bill de Blasio says he's expecting an intense
but brief fight against the Covid-19 Omicron variant.

Confirmed coronavirus cases have surged in recent days and the city is
ramping up efforts to limit community spread.

William Denselow reports from New York.

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Welsh First Minister announces Boxing Day Covid-19 restrictions

Wales has announced new measures that will come into effect from December 26.


This comes a day after Scotland also announced similar coronavirus restrictions to slow the spread of the omicron covid-19 variant.


Chris Jones has more in London


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MH17 prosecutors say four suspects "fully responsible" for downing of plane

Dutch prosecutors say three Russians and a Ukrainian are "fully responsible" for the downing of flight MH17 in 2014, and should be found guilty of murder. 

The four men are being tried in absentia at a court near Amsterdam's Schipol Airport, where MH17 took off. 

All 298 people on board were killed. 

Lucy Hough has more. 

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