Omicron, a wake-up call for the world’s financial markets
According to an IRNA report from Reuters on Tuesday; With the release of new data on Omicron, the value of stocks in major European markets fell by almost 1.5% at the beginning of today, and the price of crude oil futures fell by almost 3%.
International stock markets also lost nearly $ 2,000 billion on Friday following the identification of the species in South Africa.
According to new research, this species, which was said to have originated from the African continent, was first observed and tracked in the Netherlands on November 19 (November 20), 11 days ago.
Despite warnings from Stephen Bensel, CEO of Moderna Pharmaceuticals, that the current Covid 19 vaccines may be less effective than Delta, the University of Oxford, which co-developed the Astraznka vaccine, said there was evidence that current vaccines did not work. There are no current vaccines to prevent severe omicron-induced disease, and even so, the agency is ready to release an updated version of the Crohn’s vaccine, which it has already developed in collaboration with Astrazenka.
Amr Cook, director of the European Medicines Agency, also told the European Parliament in a modifying speech that even if the new species spread further, the current vaccines would still play a protective role.
“In his first comment on the discovery of the new corona strain and global concerns about the impact of the corona omicron species on the economy, the Bloomberg website wrote:” This new strain, in addition to having Economic risks and doubts about inflation pose risks to the Fed’s plan to stabilize prices and create maximum employment.
He added: “The recent increase in the number of people suffering from coronation and the discovery of a new species of the virus poses risks to the job creation process and economic activities, and raises doubts about the challenge of inflation, and widespread concerns about the new species of corona increase people’s desire.” Reduces activities within the community that reduce labor market developments and increase disruptions in the distribution and supply chain of goods.
Jerome Powell, who was recently appointed by Joe Biden for a second term as head of the Federal Reserve, is scheduled to attend a congressional hearing today to answer questions about the economic stimulus package for the Corona epidemic.
US President Joe Biden also said yesterday that the new strain of the coronavirus called “omicron” was a cause for concern, adding that it was not a cause for panic.
World Health Time on Friday night (December 26th) dedicated the Greek word omicron to the new corona strain identified in South Africa, calling it worrying. Health experts are deeply concerned about omicron transmission because it has an unusual set of mutations and has different characteristics from other aspects of concern.
Following this news, countries have taken measures to travel to South African countries. The United States has banned travelers from eight African countries for fear of an Omicron outbreak. Although the country has not yet reported any cases of the virus, Anthony Fauci, a senior White House medical adviser, said on Saturday that a new strain of the coronavirus omicron had arrived in the United States.
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