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Delta variant unbuckling China’s tight belt on Covid-19 outbreak

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China is dealing with its most widespread Covid outbreak since the country’s first wave – and high-ranking officials are being punished as a result

In the eastern city of Yangzhou, five warnings were issued to individuals who mishandled mass testing, with Beijing alleging this allowed the virus to continue spreading.

Nationwide, 30 officials including majors, local health directors, and heads of hospitals have been punished for negligence and the mishandling of outbreaks.

The city of Nanjing is where cases are skyrocketing the most – with 308 new infections recorded on Monday and six individuals in a critical condition.

A medical worker takes a swab sample from a resident to be tested for the COVID-19 coronavirus in Wuhan in China’s central Hubei province on May 14, 2020. – Nervous residents of China’s pandemic epicentre of Wuhan queued up across the city to be tested for the coronavirus on May 14 after a new cluster of cases sparked a mass screening campaign. (Photo by STR / AFP) / China OUT

If any of the critically ill are to die – it would be China’s first Covid-related death in more than six months

Despite most of the country’s residents being fully vaccinated, authorities are pushing ahead with their mass testing and isolation strategy – instead of relying on vaccines to stamp the virus out.

Over the weekend, the entire city of Wuhan was tested – with nine locally acquired infections discovered from more than 11 million swabs.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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