Australia and several other countries joined nations imposing restrictions on travel from southern Africa on Saturday after the discovery of the new Omicron coronavirus variant sparked global concern and triggered a market sell-off.
Meanwhile, authorities in Amsterdam said that 61 out of around 600 people who arrived in the Dutch city on two flights from South Africa on Friday had tested positive for coronavirus. Health authorities were carrying out further tests to see if those cases involved the new variant.
Omicron, dubbed a "variant of concern” by the World Health Organization, is potentially more contagious than previous variants of the disease.
It was first discovered in South Africa and has since been detected in Belgium, Botswana, Israel and Hong Kong.
A minister in the German state of Hesse said on Saturday that the variant had very probably arrived in Germany, in a traveller returning from South Africa. Czech health authorities said they were examining a suspected case of the variant in a person who spent time in Namibia.
Financial markets plunged on Friday, especially stocks of airlines and others in the travel sector, as investors worried the variant could cause another surge in the pandemic and stall a global recovery. Oil prices tumbled by about $10 a barrel.
The Dow Jones Industrial Average (.DJI) closed down 2.5%, its worst day since late October 2020, and European stocks (.STOXX) had their worst day in 17 months.
VACCINATIONS
Denne historien er fra November 28, 2021-utgaven av The Sunday Guardian.
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Denne historien er fra November 28, 2021-utgaven av The Sunday Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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WHEN PHILANTHROPY AND SEVA COME NATURALLY
On a bitterly cold January evening a group of devotees of Saint Jalaram are serving hot nutritious food to the homeless and destitute in the Holborn area of London. University students too can be seen in the queues. Saint Jalaram was born in 1799 in Gujarat.
BMW Motorrad India to raise prices by up to 2.5%
BMW Motorrad India will increase prices by up to 2.5% across the model range. The new prices will be effective from 01 January 2025 onwards.
Volvo Group partners with Indian universities to shape future automotive talent
Volvo signs MoU with Amrita University and Thapar Institute to build a stronger industry-academia engagement and enhance the engineering industry readiness.
NO GOVERNMENT INTERVENTION TO DETERMINE PRICE OF VEHICLES TO BE SCRAPPED
In a written reply to the Lok Sabha, Union Minister for Road Transport and Highways, Nitin Gadkari said that there will be no government intervention for determining the fair price for a vehicle to be scrapped.
GADKARI VOWS TO MAKE AUTO INDUSTRY NO. 1
The Indian automobile industry ranks third globally, behind China and the United States, but the government aims to elevate it to the top position within the next five years, Union Transport Minister Nitin Gadkari stated.
Maruti to ramp up exports by over two-fold to 8 lakh units by 2030-31
Maruti Suzuki India is aiming to export about 8 lakh vehicles annually by the fiscal year 2030-31, from its current exports of around 3 lakh units.
ALLAHABAD HIGH COURT SUMMONS POLICE COMMISSIONER ON CONTEMPT PETITION
The Allahabad High Court has recently summoned Prayagraj Police Commissioner Tarun Gauba and other officials to appear on December 10 regarding a contempt petition.
GULFISHA, KHALID SEEK BAIL ON GROUNDS OF PARITY
Several individuals accused in the larger conspiracy case related to the 2020 Delhi Riots, including Gulfisha Fatima, Abdul Khalid Saifi, and Shifa Ur Rehman, have approached the Delhi High Court on Tuesday seeking bail.
Delhi HC directs CBI to appoint senior officer for RAU Study Circle case
The Delhi High Court has recently directed the Central Bureau of Investigation to appoint a senior officer to regularly monitor the investigation into the RAU's IAS Study Circle case.
Delhi HC directs govt to submit report on AHF injection stocks
The Delhi High Court has recently instructed both the Centre and the Delhi government to submit reports on the current stock of Antihemophilic Factor injections, which are essential for treating haemophilia, a rare genetic disorder.
