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South Korea drops some restrictions as country learns to live with COVID

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South Korea is moving forward in its efforts to live with COVID-19, with the nation lifting operating-hour curbs on restaurants and cafes and implement its first vaccine passport for high-risk venues such as gyms, saunas and bars.

Officials say the first phase will go into effect on Monday and last for one month – with the country revealing plans to end all restrictions by February.

“Beginning November 1, our community will take the first step of resuming our normal life,”

Prime Minister Kim Boo-kyum said at a televised government meeting.

The announcement comes as South Korea grapples with high daily case numbers, though they remain far below many of the worst hit countries, and serious infections and deaths are low.

As of last week, the country reached its vaccination target of 70 percent – meaning 52 million people are so far fully inoculated

While the country has never been under lockdown, restrictions imposed have been tough. The country has been battling the fourth wave of infections since July when the government imposed tight gatherings and social distancing restrictions.

Visits to high-risk venues such as bars and night clubs, indoor gyms, saunas and karaoke bars will require proof of vaccination, or a negative COVID-19 test result from within 48 hours.

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The ongoing alcohol related research many ignore

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New research shows the impact of alcohol on our gut microbiome.

Alcohol affects gut microbes, potentially leading to gut imbalance and heightened cravings.

Research suggests moderate drinkers have healthier gut microbiomes. While red wine consumption may enhance gut diversity, similar benefits can be found in plant-based and fermented foods. Dysbiosis may worsen addiction, highlighting the need for holistic approaches to treatment.

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Will the Fed reserve’s cautious stance tame inflation or stifle growth?

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The Federal Reserve opted to keep interest rates unchanged, signalling concerns over the sluggish pace of inflation improvement.

On this episode of Hot Shots – US Fed Reserve aim for 2%, Elon Musk makes a bold Tesla choice, Amazon makes big movies thanks to AI and fast-food restaurants are facing a big issue with customer retention.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #hot shots #ticker today

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Bonza Airlines grounded in financial turbulence

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Navigating uncertainty in Australian aviation

Bonza, a fledgling budget airline, faces uncertainty as it enters voluntary administration, a common occurrence in Australian aviation.

With its sudden cessation of services and aircraft seizure, competition in an industry dominated by a duopoly is disrupted.

Despite transporting over 750,000 passengers within 15 months, regulatory delays hindered its low-cost, low-frequency flight plans until January 2023.

 

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