Image source: Getty Images Those suffering from the aftermath of the virus could suffer a financial shock. Key points Some COVID patients have persistent symptoms. This could lead to significant financial losses due to unemployment and payment of medical bills. A Harvard economist estimated the cost of long COVID to be $9,000 a year on …
Beijing’s abrupt dismantling of zero-Covid checks has been welcomed by economists, even as the country braces for the human impact of letting the disease spread through a vulnerable population. The leaders’ abrupt reversal in how they are handling the pandemic appears to have been sparked by protests against the controls that began last month, a …
Economists welcome the end of zero Covid in China but a huge human toll is to be feared Read More »
Mandy Liu, a 21-year-old university student in Beijing, says anyone who has lived in China during the pandemic can see that the country’s future looks increasingly uncertain. Covid restrictions were stifling and job opportunities were grim. She is due to graduate with a degree in tourism management next year and has submitted more than 80 …
Even as China eases Covid rules, some young people still fear a bleak future Read More »
Enlarge / Reisa Lancaster RN, left, administers the Covid-19 vaccine to 14-month-old Ada Hedge, center, comforted by mom Sarah Close and dad Chinmay Hedge, just at the Children’s National Research and Innovation Campus, in Washington, DC. The Food and Drug Administration has updated COVID-19 vaccine doses for children under 5, but changing authorized vaccination schedules …
Amid pathetic adoption, FDA green lights confuse COVID vaccine update for children Read More »
Almost all Americans will be eligible to receive a dose of the updated COVID-19 vaccinesfollowing a decision to extend emergency use authorization for Moderna and Pfizer-BioNTech injections to most children as young as 6 months old. The Food and Drug Administration announced the expanded authorization on Thursday, allowing all recipients of Moderna’s COVID-19 vaccine to …
Updated COVID vaccines are allowed for young children, but some will have to wait Read More »
Global stocks and the price of some key commodities rose on hopes that easing China’s strict zero-Covid measures would help lower inflation, although some experts have warned the country will not was not ready to live with the disease. The Chinese government on Wednesday announced a major shift towards living with the virus. People with …
Markets bullish as China eases Covid rules, but experts warn of danger ahead Read More »
Global stocks and the price of some key commodities rose on hopes that easing China’s strict zero-Covid measures would help lower inflation, although some experts have warned the country will not was not ready to live with the disease. The Chinese government on Wednesday announced a major shift towards living with the virus. People with …
Markets bullish as China eases Covid rules, but experts warn of danger ahead Read More »
Passengers wait to board a train at Hongqiao station in Shanghai on December 6, 2022. Hector Retamal | AFP | Getty Images BEIJING — As mainland China eases many of its strict Covid controls, analysts point out the country is far from a quick return to a pre-pandemic situation. National authorities announced sweeping changes on …
What to expect next as China eases Covid controls Read More »
Shipping stocks slid as Chinese protesters took to the streets. But the civil unrest is proving positive: the Chinese government is easing COVID restrictions faster than expected, which should support tanker and dry bulk demand and improve containerized cargo flows. The abrupt change in policy coincides with other bad news about Chinese exports. On Wednesday, …
China’s surprise COVID pivot offers fresh hope to shipping markets Read More »
Wall Street extends losses as recession worries mount Crude oil at lowest since January Bank of Canada signals slowing pace of rate hikes China eases COVID rules but imports and exports slump http://tmsnrt.rs/2yaDPgn NEW YORK/MILAN, Dec 7 (Reuters) – Global stocks fell further and Treasury yields fell on Wednesday as U.S. worker productivity data beat …
Stocks and bond yields fall as US data clouds Fed rate outlook Read More »
