- Covid-19 cases are on the rise in the Czech Republic, Hungary and Iceland.
- Health workers in Greece protested wages and conditions.
- Nigeria will start a large-scale vaccination campaign.
The US Centers for Disease Control and Prevention advises against traveling to the Czech Republic, Hungary, and Iceland because of the increasing number of Covid-19 cases in these countries.
Read | Covid-19: South Africa has more than 24 million vaccinations
Europe
* Staff of the Greek Public Health Department protested in Athens over pay and conditions as hospitals are struggling to cope with the new surge in Covid-19 cases and the authorities are considering further restrictions.
* People may soon have to provide proof of a negative Covid-19 test or vaccination or recent recovery, as Germany has become the latest European country to consider drastic measures to deal with the surge in new cases in the region.
America
* California’s attorney general stated that Amazon.com Inc has reached a settlement with California to resolve Amazon’s allegations that it concealed the number of workers infected with Covid-19 from warehouse workers and local health agencies.
* According to an internal memo seen by Reuters, American Express stated that from November 18, its American employees working in the office will need to be fully vaccinated against Covid-19.
Asia Pacific
* Chinese health authorities said on Tuesday that China reported 22 newly confirmed cases of the coronavirus on November 15th, up from 52 the day before.
Middle East and Africa
* Nigerian government officials stated that Nigeria will start a large-scale Covid-19 vaccination campaign later this week, with the goal of vaccinating half of its target population by the end of January.
* Late Monday, Egypt banned public sector employees from entering their offices without being vaccinated and tested for Covid-19 because the government pushed for increased vaccination rates in the last few weeks of the year.
This picture shows a child in Xiamen City, Fujian Province in eastern China being vaccinated against the Covid-19 coronavirus.
Medical development
* The AstraZeneca-Oxford University Covid-19 vaccine has supplied 2 billion doses globally, and the Anglo-Swedish drugmaker and its partners said on Tuesday that it has been less than a year since the first approval.
* Reddy’s Laboratories is one of the few Indian pharmaceutical companies licensed to produce the new Covid-19 pills developed by Merck. The company has expressed its willingness to produce similar pills from Pfizer, which are considered more effective.
Economic impact
* The RBA Board of Directors still believes that taking into account the inertia of local wages and inflation, there may be no need to raise interest rates before 2024, even if the financial market is not expected to take action until June next year at the earliest.
* A Reuters survey found that the Bank of Indonesia will wait until the end of next year to raise interest rates to help the economy recover from the pandemic, and pay close attention to any policy initiatives of the Fed.
* According to a Reuters survey, the Central Bank of the Philippines will keep interest rates unchanged for more than a year because the slow economic recovery suppresses underlying inflation. The survey shows that a few economists expect to raise interest rates by the end of 2022.
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