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An Unusually Deadly Outbreak in Taiwan Was Driven By Complacency

U.K. Banks Prepared for Negative Rates in Case Recovery Crumbles U.S. Labor Shortages, Price Pressures to Continue, Survey Shows Chinese Tutoring Firms Extend Plunge as Beijing Cracks Down Evergrande’s Special Dividend Has Investors Searching for Clues ‘Freak Out’ Factor, China Cools, Yellen on Default Risk: Eco Day Oil Edges Higher After Weekly Gain as Investors Assess Demand Stocks Eye Mixed Start as China Tempers U.S. Boost: Markets Wrap China’s Ongoing Recovery Showed Signs of Weakness in July Duterte Set to Push Congress on Virus Recovery, Successor Aussie-Loving Hedge Funds Face Inflation Risk as Currency Slips

Sydney Needs Ring of Steel as Cases Hit Record: Virus Update

Pfizer Halts Severe Delta Cases; Olympics Ceremony: Virus Update Bloomberg 2 hrs ago Bloomberg News (Bloomberg) Pfizer Inc. and BioNTech SE’s Covid-19 vaccine provided a strong shield against hospitalizations and more severe disease in cases caused by the delta variant in Israel, even though it was just 39% effective in preventing infections. The Olympics opening ceremony kicked off in a nearly empty stadium in Tokyo, amid a record number of new infections linked to the games. Britain’s economy showed signs of slowing, as euphoria following the easing of restrictions faded and a resurgence of the virus caused staff shortages. Meanwhile, Europe’s post-lockdown economic surge strengthened, but businesses warned shortages of raw materials, delivery delays and rising costs threaten the outlook.

CDC sees pivotal moment in US; South Africa regis

The U.S. is “at another pivotal moment in this pandemic,” with Covid-19 cases once again climbing and beds at some hospitals filling up, Centers for Disease Control and Prevention Director Rochelle Walensky said. The recent rise in cases shows no signs of abating in the U.S. states that have fuelled the uptick as the delta variant proliferates. Indonesia has become a new epicenter for the pandemic after a recent streak of 50,000 infections a day, with more than 1,000 virus fatalities every day in the world’s fourth-most populous country. New Zealand suspended its quarantine-free travel bubble for at least the next eight week with Australia, where infections are rising.

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