COVID-19 cases

On Concerns Of Global Recession, Oil Prices Are Still Plunging

  • WTI and Brent crude oil futures extended yesterday’s retreat into today’s session as recession fears and a flare-up in COVID-19 cases in China raised concerns over global demand.
  • The World Bank President and IMF Managing Director warned yesterday of a growing risk of global recession and said that inflation remains a continuing problem.

A recent news article published in the NASDAQ states that Oil Prices Continue Fall on Recession Fears, Low Global Demand.

Energy sector is poised for a lower...

https://mfame.guru/on-concerns-of-global-recession-oil-prices-are-still-plunging/

Oil Market Revive After Cyberattack in U.S

  • Oil rose on Monday after a cyberattack forced the shutdown of major fuel pipelines in the United States.
  • It also raised concerns about supply disruption, outweighing rising coronavirus cases in Asia.
  • Colonial Pipeline said on Sunday its main fuel lines remained offline after the attack that shut the system on Friday.
  • But some smaller lines between terminals and delivery points were now operational.

A recent news article published in the Reuters by Alex Lawler reveals that oil gains after...

https://mfame.guru/oil-market-revive-after-cyberattack-in-u-s/

Global Surge In Covid-19 Cases: WHO Calls For Reality Check

WHO warns for reality check as countries do not strictly follow the restrictions, a huge increase in Covid-19 cases has been recorded, says an article published in CNN.

Technical lead of WHO expresses concern

Maria van Kerkhove, the WHO’s technical lead for coronavirus response said,“4.4 million Covid-19 infections had been recorded across the world last week globally and expressed concern about global trends. This is not the situation we want to be in 16 months into a pandemic, where we have...

https://mfame.guru/global-surge-in-covid-19-cases-who-calls-for-reality-check/

Early Pneumonia Onset in COVID Infection of the New Variants

  • Doctors say that the new variants of the covid virus are causing pneumonia at an early stage
  • Doctors treating the disease have been asked to be cautious by the Corona taskforce.
  • 2 new mutations have been detected which aren’t similar to UK, South Africa, or Brazil variants.
  • The rise in covid cases might be due to the greater spread of the new variants
  • Special Screening for People Returning from UK, Brazil, and South Africa.

The new variants of covid19 are a serious matter of concern as doctors...

https://mfame.guru/early-pneumonia-onset-in-covid-infection-of-the-new-variants/

Americans Could Be Wearing Masks Unto 2022

The United States will within hours record its unfathomable 500,000th death from Covid-19 paradoxically at a moment of rare hope in the pandemic. Yet the tragic landmark will occur with the White House loath to predict when the crisis may ease as it balances critical political and epidemiological risks, reports CNN. 

Mask Warning 

A warning from Dr. Anthony Fauci on CNN Sunday that Americans could be wearing masks into 2022 came as leading medical associations pleaded for extended vigilance from...

https://mfame.guru/americans-could-be-wearing-masks-unto-2022/

Novel Covid 19 in Cold-Storage Shipping, Says Research

  • Studies into the clusters of COVID-19 cases in recent months show that contaminated cold-chain food products are the major cause of the outbreaks.
  • As a result it highlights the need for protection of workers associated with the industry.
  • Research indicates that the novel coronavirus can survive on cold-chain food and food packaging during long distance shipping.
  • It causes human infection, particular to high-risk people such as dockworkers, says Liu Zhaoping, a researcher at the China National...

https://mfame.guru/novel-covid-19-in-cold-storage-shipping-says-research/

Covid 19 Cases Decline & Summer Holidays In UK Possible, Says Boris

  • Prime Minister Boris Johnson says he is “optimistic” people will be able to have summer holidays this year – but it depends on certain things going well.
  • The success of the vaccine rollout and level of Covid cases would be factors taken into consideration.
  • Nearly 9.3 million people in the UK have had their first dose of a vaccine.
  • The government is aiming to offer all care home residents and carers, people over 70 and frontline care workers a vaccination by mid-February.

A recent BBC news...

https://mfame.guru/covid-19-cases-decline-summer-holidays-in-uk-possible-says-boris/

Surge in Profits for Container Shipping Not Sustainable

  • There is money to be made by both carriers and tonnage providers as volumes defy usual seasonality and remain strong into the fourth quarter of the year.
  • On top of that, low bunker prices –, one of the keys to high profitability this year – look set to stick around.
  • However, with COVID-19 cases on the rise again, and a slow recovery the outlook for next year, things aren’t all rosy for container shipping.

Peter Sand writes for BIMCO about the surprising profits for container ships during this...

https://mfame.guru/surge-in-profits-for-container-shipping-not-sustainable/

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