Tag Archives: Omicron

The highly transmissible Omicron variant of the coronavirus is sending daily infections in parts of the United States soaring to levels higher than the pandemic peak of early 2021. Delaware, Hawaii, Massachusetts, New Jersey, New York, and Puerto Rico are among the areas that have reported higher caseloads in the …

Oil prices rose around 3% on Monday due to hopes that the Omicron COVID-19 variant will have a limited impact on global demand in 2022, even as surging cases caused flight cancellations. Global benchmark Brent crude rose $2.53, or 3.3%, to $78.67 a barrel by 11:01 a.m. EST (1601 GMT). …

The Palestinian Health Ministry said on Sunday it had identified the first case of the Omicron coronavirus variant in the Gaza Strip. The carrier is a Gaza resident who was infected within the coastal territory, ministry official Majdi Dhair told a news conference. Dhair said this meant the variant, first …

U.S. health regulators on Thursday authorized the second pill against COVID-19, providing another easy-to-use medication to battle the rising tide of omicron infections. The Food and Drug Administration authorization comes one day after the agency cleared a competing drug from Pfizer. That pill is likely to become the first-choice treatment …

Oil prices rose on Wednesday on fears of tight supply and a drawdown in U.S. inventories, despite worries about the likely hit to economic activity from the spread of the Omicron coronavirus variant. U.S. inventories fell more than expected, with crude stocks down by 4.7 million barrels, though that is …

The World Health Organization does not yet have enough data on the new Omicron variant of the coronavirus to say if it is more transmissible than the Delta variant, an official said on Wednesday, almost a month after South Africa first raised the alarm about its emergence. “We have not …

The fast-spreading Omicron variant has become the dominant strain of COVID-19 in the United States, according to the US Centers for Disease Control and Prevention (CDC). Omicron now accounts for 73.2 percent of new US cases over the past week ending on Saturday, the CDC reported on Monday. In some …

Britain on Tuesday launched a £1.0 billion support package for Covid-hit businesses, as staff absences from rising cases began to bite in the run-up to Christmas. Finance minister Rishi Sunak said some 200,000 firms would be eligible for one-off grants to offset losses from what is normally the busiest time …

The Omicron variant of the coronavirus is spreading faster than the Delta variant and is causing infections in people already vaccinated or who have recovered from the COVID-19 disease, the head of the World Health Organization (WHO) said on Monday. “There is now consistent evidence that Omicron is spreading significantly …

The World Economic Forum (WEF) will defer its 2022 annual meeting from January to early summer, it said on Monday. The meeting, scheduled for Jan. 17-21 in Davos-Klosters, Switzerland, was postponed due to the “continued uncertainty over the Omicron outbreak.” “Current pandemic conditions make it extremely difficult to deliver a …

British Prime Minister Boris Johnson may introduce new restrictions to slow the spread of the Omicron coronavirus variant after Christmas, the Times and other media reported on Monday. Britain has reported record levels of COVID-19 cases over the past week, with officials and ministers warning that hospitalizations are also rising. …

The new Pfizer COVID-19 pill may not see Emergency Use Authorization for another month as health officials continue to highlight the promising effects it may bring. Dr. Anthony Fauci praised the data presented by Pfizer regarding the COVID pill, which someone would take within 48 hours of showing symptoms and …

The Netherlands went into lockdown on Sunday and the possibility of more COVID-19 restrictions being imposed ahead of the Christmas and New Year holidays loomed over several European countries as the Omicron variant spreads rapidly. In the United States, White House medical adviser Dr. Anthony Fauci urged people traveling to …

Mayor of London Sadiq Khan has announced a ‘major incident’ in the UK capital over the quickly deteriorating epidemiological situation prompted by the fast-spreading Omicron variant. “Today I have declared a major incident in London because of the serious threat of Covid-19 to our city. This will help us avoid …

Global stock benchmarks and oil prices fell on Friday while safe havens such as the dollar and Treasury bonds rose as investors wrestled with a hawkish turn from major central banks in the fight against inflation and rising numbers of Omicron cases. Asian shares closed near lows for the year …

The risk of reinfection with the Omicron coronavirus variant is more than five times higher and it has shown no sign of being milder than Delta, a study showed, as cases soar across Europe and threaten year-end festivities. The results of the study by Imperial College London were based on …

European countries prepared to impose further restrictions on travel and more on Friday in an effort to stem surging cases of the Omicron variant of COVID-19 that are threatening to stall a global economic recovery. Germany, Ireland, and Denmark were all considering further restrictions in the days before Christmas festivities …

There is a “very high” risk the Omicron variant of COVID-19 will become dominant in Europe by early next year and lead to a growing number of hospital admissions and deaths, the European Union’s public health body said on Wednesday. The European Centre for Disease Prevention and Control (ECDC) said …

British lawmakers will vote Tuesday on whether to approve new restrictions to curb the spread of the omicron variant of coronavirus — and many will have more than public health on their minds when they say yes or no. The votes are also an opportunity to express unhappiness with embattled …

Pfizer said Tuesday that its experimental COVID-19 pill appears effective against the omicron variant. The company also said full results of its 2,250-person study confirmed the pill’s promising early results against the virus: The drug reduced combined hospitalizations and deaths by about 89 percent among high-risk adults when taken shortly …