Omicron has been detected in at least 21 countries, as governments around the world impose restrictions to limit the spread of the latest coronavirus variant. Nigeria and Ireland joined the list today, while Hong Kong reported a fourth infection when a traveller from Qatar arrived. “Further epidemiological investigations revealed that the patient travelled from Papua...Read More

If 2020 was the single most disruptive year in my lifetime (pandemics, recessions, social unrest, elections, fraying global orders), 2021 came close to approaching it. As is typical of great years to study political economy, it was a not-so-great year for experiencing the global economy: a persistent pandemic, worsening great power tensions, global supply chain...Read More

Issued on: 01/12/2021 – 04:12Modified: 01/12/2021 – 04:10 Paris (AFP) – The world economy woke up from its pandemic-induced coma in 2021, but soaring inflation, global supply chain bottlenecks and a resurgent coronavirus have taken the shine off the comeback. Now growth is at risk of weakening next year. Here is a look at the...Read More

ISTANBUL, Nov 30 (Reuters) – Turkey’s lira plunged as low as 14 to the U.S. dollar and hit new lows against the euro on Tuesday, capping a historical month of selling after President Tayyip Erdogan again endorsed aggressive interest rate cuts despite widespread criticism and soaring inflation. The lira fell as much as 8.6% to...Read More

Consumers in the US are feeling less optimistic about the short-term outlook for their employment and income prospects. Consumers in the United States are feeling less confident about the economy and the short-term outlook for their employment and income prospects, the Conference Board said on Tuesday. The Conference Board’s Consumer Confidence Index fell 2.1 points...Read More

SINGAPORE, Nov. 30, 2021 /PRNewswire/ — According to global technology intelligence firm ABI Research, the serviceable addressable market (SAM) for global satellite broadband over geostationary (GEO), medium earth orbit (MEO), and low earth orbit (LEO) satellites will stand at 330 million premises, equivalent to 1.3 billion household members in 2026. SAM has grown by 5.3%...Read More

Issued on: 30/11/2021 – 03:24 Washington (AFP) – Just as it was recovering from the body blow of the Covid-19 pandemic, the global economy has taken yet another hit from the Omicron variant of the virus, which has led to a raft of new travel restrictions. First reported to the World Health Organization in South...Read More

MIAMI-DADE COUNTY, Fla. – Miami-Dade police are searching for a man who they believe is responsible for two armed robberies that occurred at the same Dollar General store. According to authorities, the first robbery occurred shortly before noon on Nov. 10 at the Dollar General at 22500 SW 112th Ave. Miami-Dade police said the robber,...Read More

Much is still unknown about the transmissibility of the new variant and how effective vaccines will be in protecting Americans against it, but the administration is attempting to strike a more proactive stance than they did this summer when they appeared to be caught flat-footed by the highly contagious Delta variant, which now accounts for...Read More

Japan, Australia move to defend against Omicron infections Asian markets, oil prices recover a little Still unclear if Omicron causes more severe disease -WHO Britain plans G7 meet of health ministers on Mon Biden to provide U.S. response update TOKYO/SYDNEY, Nov 29 (Reuters) – Japan, the world’s third-biggest economy, will close its borders to all...Read More