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Omicron variant leads to travel chaos

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UK, Germany and Italy detect Omicron variant cases, Israel closes borders as the world waits

Summary:

  • Britain, Germany, Italy say Omicron cases detected
  • UK PM Johnson unveils new measures to prevent Christmas lockdown
  • Israel bans entry to all foreigners
  • Dutch authorities test air passengers for Omicron variant

Britain, Germany and Italy are detecting cases of the new Omicron coronavirus variant as countries around the world reimpose travel restrictions..

The discovery of the variant sparked global concern, with a fresh wave of travel bans and a global sell-off on financial markets.

British Prime Minister Boris Johnson introduced new steps to contain the virus.

Face coverings will become mandatory again in shops and on public transport in England from next week.

More stringent testing

PCR tests for everyone entering the UK will be introduced and all contacts of new variant cases will have to self-isolate. 

The two linked cases of Omicron found in Britain are connected to travel to southern Africa.

But Boris Johnson is promising that Christmas will be “considerably better” than in 2020.

The measures are “temporary and precautionary”, he says.

The UK PM laid out measures which included stricter testing rules for people arriving in the country.

Mr Johnson said: “Our scientists are learning more hour by hour, and it does appear that Omicron spreads very rapidly and can be spread between people who are double vaccinated.”

Global disruption

Israel will ban the entry of all foreigners into the country and reintroduce counter-terrorism phone-tracking technology to contain the spread of the variant.

In Germany, the health ministry announced two confirmed cases of the variant. The two people entered Germany at Munich airport on Nov. 24.

In Italy, the National Health Institute says case of the new variant had been detected in Milan.

New strain, old pain

Omicron, dubbed a “variant of concern” by the World Health Organization, is  than previous variants of the disease.

Experts do not know yet if it will cause more or less severe COVID-19 compared to other strains.

The variant was first discovered in South Africa and had also since been detected in Belgium, Botswana, Israel and Hong Kong.

Epidemiologists say travel curbs may be too late to stop Omicron from circulating globally.

The U.S. Centers for Disease Control and Prevention and State Department are advising against travel to eight southern African countries.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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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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