(Reuters) – New locally transmitted COVID-19 cases in China rose to a three-month high and restrictions are expected to be stricter to contain the spread in Beijing ahead of a major meeting of high-ranking Communist Party members.
Deaths and Diseases
*Eikon users, see COVID-19: MacroVitals https://apac1.apps.cp.thomsonreuters.com/cms/?navid=1592404098 for a status tracker and news summary
* Several Russian regions said they could impose additional restrictions or extend workplace closures to combat the sudden rise in COVID-19 cases that has already prompted Moscow to reimpose partial nationwide lockdown.
* The Dutch government has decided to reimpose measures, including the wearing of face masks, with the aim of slowing the recent rise in COVID-19 infections.
* Eli Lilly backtracked on a request for EU approval for an antibody-based COVID-19 treatment, citing no request from EU member states as the bloc focuses on other suppliers.
* The director of the US Centers for Disease Control and Prevention supported the widespread use of the Pfizer/BioNTech COVID-19 vaccine in children ages 5 to 11, setting the stage for a shooting in the arms of young adults as soon as Wednesday.
* Mexico’s health ministry has reported 269 confirmed deaths from the coronavirus, bringing the country’s total death toll from the pandemic to 288,733.
* Some experts said China will not drop its zero-tolerance policy toward domestic COVID-19 cases anytime soon, as the policy has allowed it to quickly quell local outbreaks, while the virus continues to spread beyond its borders.
* South Korea said it will ramp up COVID-19 testing capabilities in schools, where infections among children have risen sharply, just weeks ahead of a plan to fully reopen schools across the country.
* About 200 contract factories making Nike sportswear across Vietnam have resumed operations months after the novel coronavirus was suspended, the government said, as it races to get its key manufacturing sector back on track.
Middle East and Africa
*Tests have confirmed that Iranian Foreign Minister Hossein Amirabadollahian has been infected with COVID-19.
* With the destructive boom of the delta variant waning in many regions of the world, scientists are mapping out when and where COVID-19 will transition into an endemic disease in 2022 and beyond, according to Reuters interviews with more than a dozen prominent disease experts.
* Two UK COVID-19 test producers said they had withdrawn some of their tests from the market after a new review system came into effect, which has yet to grant approval for their previously accepted products.
Global stocks hovered at record highs while currency and US Treasuries markets held steady, as investors looked ahead to the expected decline of pandemic-era monetary stimulus in the world’s largest economy. [MKTS/GLOB]
A Reuters poll shows emerging market currencies are headed for more trouble next year as rising expectations that the Federal Reserve will raise interest rates to stifle inflation is set to keep the US dollar at the helm.
New Zealand’s central bank warned on Wednesday that rising global inflation risks could lead to higher interest rates and lower asset values.
— A Reuters poll found that Indonesia’s economic growth is expected to slow significantly in the third quarter, as restrictions imposed to prevent the spread of the delta type of virus curbed a nascent recovery.
* Growth in Ireland’s services sector eased slightly in October from the previous month but remained near historic highs as the COVID-19 recovery pushed growth in prices and work backlogs to a 21-year high, according to a survey on Wednesday.
(Reporting by Sherry Jacob Phillips; Editing by Shunak Dasgupta)