Good Afternoon. It's Friday, December 17th, and you’re listening to Ausum’s Afternoon News Briefing, where we round up the top latest articles that everyone is talking about.
Kicking off today's brief with updates on COVID. AP News reported that as we approach the holidays, Omicron is threatening to wipe out a second holiday season. Christmas revelers across Europe are hunkering down, while U.S. officials are stepping up pleas for unvaccinated Americans to get thier shot.
The New York Times gives us some COVID stats, stating that every day, over 1,300 Americans are killed by the coronavirus. The national case, mortality, and hospitalization rates remain far lower than those reported last winter, before the widespread availability of vaccinations. With coronavirus hospitalizations increasing by 20% in the last two weeks to 68,000 people, doctors and nurses are expressing heightened concern about the situation and urging people to be vaccinated. While COVID rates keep going up, according to the CDC, Omicron accounted for 2.9 percent of cases across the country last week, up from 0.4% percent the prior week.
So, in contrast to Delta, how bad is Omicron? Forbes explains that hospitalizations caused by omicron are declining quicker than those caused by the delta wave. South Africa's health minister said the country’s hospital admission rate of Covid-19 patients during the second week of infections driven by omicron is down by 90% compared to data from the second week of a delta-fueled surge in the country. Other nations, including the UK and the US, are experiencing a surge in new cases. The UK set a new record for the third consecutive day, with 93,045 cases registered in 24 hours ending Friday, according to government data. In response, 626,000 people in England received a booster shot dose in the 24 hours ending Thursday, setting a new single-day record for the country. According to WHO, the omicron variation has been detected in at least 77 nations.
While the Omicron variant is seemingly less catastrophic than Delta, Reuters adds that a new study by AstraZeneca and Pzifer vaccines showed that the risk of reinfection with the Omicron variant is more than five times higher, and it has shown no sign of being milder than Delta. Depending on the estimations for vaccine efficiency against symptomatic infection from the Delta variety, this equates to vaccination effectiveness ranging from 0% to 20% after two doses, and between 55% and 80% with a booster dose.
To protect us all against the Omicron variant, CNN reported that Pfizer revealed today that it will test a three-microgram third dose in children under the age of five and that it expects to test a 10-microgram third dose in children aged five to eleven. The addition to the COVID-19 vaccine trials is because two doses of vaccine did not provide the desired results.
The Washington Post studies how COVID is affecting business as we head into the holiday season, by pointing out that American consumers and business owners have become accustomed to making snap decisions to abandon their plans, while others remain undeterred despite such a long period of setbacks and delays. The Wall Street Journal adds that S&P 500 edged down 0.3%, while Dow Jones Industrial Average futures were flat. Nasdaq-100 futures fell 0.7%.
We spoke yesterday about the tensions rising with the BBB deal, The Guardian updates us by explaining that since Manchin is still not on board, President Biden has come to terms with the fact that the BBB deal won't pass this year.
The Hill updates us on the Jan 6 insurrection, explaining that as the U.S. House of Representatives debated a resolution to hold former White House chief of staff Mark Meadows in contempt of Congress this week, Rep. Dan Bishop (R-N.C.) issued a warning: Republicans had their own list of witnesses to call. Including Attorney General Merrick Garland, Homeland Security Secretary Alejandro Mayorkas, current White House chief of staff Ron Klain, the president’s son Hunter Biden — and Marc Elias.
Axios adds that a Capitol rioter from Florida, 54-year-old Robert Palmer, admitted to assaulting police with a wooden plank and a fire extinguisher on Jan. 6. Palmer has been sentenced in federal court to more than five years in prison, the longest given for any Capitol riot defendant so far.
Lastly, BBC updates us on Russia and Ukraine pressure, by explaining that Russia has requested severe limits on the movements of the US-drove Nato military alliance in nations in Eastern Europe. The requests, improbable to be met, come in Western feelings of fears that Russia intends to attack Ukraine. Russia denies this, yet needs Nato to preclude Ukraine and others from ever joining the collusion. Russia has requested binding discussions with the United States, the response was that the US is available to talk but would put its own interests on the table.
That’s all for today. Be sure to download the Ausum app to get the full Ausum experience. Catch you next time for the Ausum News Briefing every weekday, morning, and afternoon.