News

Dozens of officials punished in China over COVID outbreak

Published

4 years ago

August 9, 2021

China has punished around a dozen officials for failing to curb a Covid-19 outbreak

The recent cluster that’s spawned nearly 900 symptomatic infections across the country in less than a month is a resurgence that complicates Beijing’s strategy of keeping the virus out entirely.

The eastern Chinese city of Yangzhou issued warnings to five officials for mishandling mass testing that they said allowed the virus to continue spreading.

The city now has overtaken nearby Nanjing – a city where the delta-driven outbreak first started.

China is dealing with its broadest outbreak of Covid since it crushed the virus that first emerged in the central Chinese city of Wuhan in late 2019.

If any positive cases were to die it would be China’s first Covid death in more than six months.

More than 30 officials nationwide, ranging from mayors and local health directors to the heads of hospitals and airports, have been punished for negligence and mishandling local outbreaks, according to the state-backed media outlet Global Times.

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

Wuhan tests 11 million residents

The Chinese city of Wuhan has completed mass COVID-19 testing of almost its entire population, in just a week.

Wuhan was the initial epicentre of the pandemic, and a week ago there was confirmation that virus had returned there, for the first time in over a year,

Local authorities promised to test the city’s entire population, and that has now happened.

More than 11.28 million people in the city of 11.3 million people have been tested.

Officials say the tests provide “basically full coverage” of the population except for college students on summer break and children under the age of 6 years

Nine positive cases were found as a result of the testing.

The first reported COVID-19 cases were in Wuhan in November 2019. The outbreak was quashed through a strict lockdown that lasted 76 days.

But the exact origin of the virus remains unclear.

The World Health Organisation has proposed a second phase of its investigation into the origins of COVID-19.

But Beijing has rejected the WHO’s proposal for a more rigorous probe.

Crypto

Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

Published

17 hours ago

December 2, 2025

Harvey Vargas

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.

We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.

Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.

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News

Airbus hit by new A320 fuselage panel defect triggering share price drop

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

Published

18 hours ago

December 2, 2025

Harvey Vargas

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.

While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.

The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.

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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews

News

Bitcoin tanks as markets turn risk-off and tech stocks slide

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

Published

18 hours ago

December 2, 2025

Harvey Vargas

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.

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#Bitcoin #CryptoNews #Markets #TechStocks #Investing #Blockchain #FinancialNews #TickerNews