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COVID-19: Pakistan reports 552 cases, 15 deaths

Amid a steady decline in Covid-19 infections, Pakistan's coronavirus positivity ratio further fell to 1.44% with 552 cases.

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COVID-19: Pakistan reports 552 cases, 15 deaths
GNN Media: Representational Photo

Islamabad: It appears that Pakistan may finally be curbing the pandemic’s impact as COVID related hospitalizations and deaths are decreasing dramatically.  

Amid a steady decline in Covid-19 infections, Pakistan's coronavirus positivity ratio further fell to 1.44% with 552 new cases. 

According to National Command and Operations Center (NCOC), around 552 cases of coronavirus were reported while 15 people succumbed to the disease in the last 24 hours, taking the total death toll to 28,344.

Pakistan is presently experiencing the fourth wave of coronavirus which is said to be deadlier and more contagious than the previous three COVID waves.

The total number of cases has reached 1,267,393.

As many as 1,214,663 patients have recovered from the disease with 1,704 critical cases.

Punjab

The number of patients swelled to 438,636 in the province with 12,883 causalities.

Sindh

The number of infections has surged to 466,945 in the province, while the death toll has reached 7,539.

Khyber Pakhtunkhwa

The confirmed cases have surged to 177,240 in the province with 5,704 casualties.

Balochistan

There are 33,159 confirmed cases while 354 patients have died from the infection so far.

AJK and Gilgit-Baltistan

There are 34,422 coronavirus cases in the AJK while the death toll has reached 740. On the other hand, there are 10,376 cases in GB with 186 coronavirus deaths.

Islamabad

There are 106,615 cases in the capital city while 938 people have lost their lives.  

 

 

Mehak Javed

Mehak Javed is immensely creative and an enthusiastic journalist, contributing in the publication of timely and accurate news. She is a skilled writer along proven history of achievement in the field with several years of professional experience. Mehak is working with GNN since 2020.

Sports

13 Belenenses players contract Omicron variant; 44 quarantine 

As many as 44 players and staff at Belenenses are now quarantining while Benfica has not taken the same steps due to what it calls low-risk for getting the virus from their opponents.

Published by Mehak Javed

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13 Belenenses players contract Omicron variant; 44 quarantine 

Thirteen players at Portuguese club Belenenses have tested positive for the newly discovered COVID variant ‘Omicron’, upon return from national team duty in South Africa.

As many as 44 players and staff at Belenenses are now quarantining while Benfica has not taken the same steps due to what it calls low-risk for getting the virus from their opponents.

It has now been confirmed all 13 players have the Omicron variant, first detected in South Africa last week.

The players, reportedly, wanted to cancel the game, but officials pressed forward with the contest. 

Meanwhile, Portugal’s health authorities are also sequencing the viruses from two passengers who tested positive for COVID after flying in from Maputo, Mozambique. 

Portugal’s health institute INSA, said in a statement that “there is still no scientific data to support [the Omicron variant’s] greater transmissibility or its ability to reduce the effectiveness of current vaccines.”

The World Health Organization (WHO), has declared the new strain a ‘variant of concern’.

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Pakistan

No case of Omicron variant detected in Pakistan so far: Dr Faisal Sultan

“With more people immunized, we can control the impact of Omicron variant "

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No case of Omicron variant detected in Pakistan so far: Dr Faisal Sultan

Islamabad: Special Assistant to the Prime Minister on Health Dr Faisal Sultan on Tuesday has confired that no case of Omicron variant of COVID-19 has been detected in Pakistan so far.

According to details, Dr Faisal Sultan that a meeting is scheduled today at the National Command and Operation Centre (NCOC) during which guidelines and policies regarding the vaccination will be finalised.

The health minister said that it is not possible to bar the Omicron variant from coming to Pakistan but government is working to control its impact by ramping up the immunisation process.

"Our priority is those who have not been vaccinated at all."

“With more people immunized, we can control the impact. It is my appeal to the people to get vaccinated and follow SOPs," he urged.

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Business

Inflation rate in Euro Zone rises to a record high for November

Higher energy prices contributed the most to the latest inflation reading.

Published by Faisal Ali Ghumman

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Inflation rate in Euro Zone rises to a record high for November

The euro zone’s inflation rate has risen to a record high in November, preliminary data showed Tuesday, prompting further questions about what the European Central Bank will do next with its monetary policy.

Headline inflation came in at 4.9% for the month, compared to the same month last year. This was above a consensus forecast of 4.5% from Reuters and was higher than October’s 4.1%. The figure was the highest on record in the 25 years that the data has been compiled.

According to Europe’s statistic office, Eurostat, energy is on track for its highest annual price rise in November at 27.4%, from 23.7% in October.

The data comes at a time when policymakers are waiting for more data on a new Covid-19 variant, omicron, which was reported for the first time last week in southern Africa.

The travel restrictions implemented in the wake of the new variant are raising concerns about how economies could suffer. Experts argue that societies are better equipped to deal with the virus now compared to the first Covid lockdowns, but market players have been on edge with the prospect of further restrictions.
ECB
Nonetheless, consumer prices rose once again in the euro zone off the back of higher energy costs and supply chain issues.

In Germany — a country historically scared of high inflation — the inflation rate hit a 29-year high in November. They were up by 6% from a year ago, as measured by the harmonized index of consumer prices.

The trend is the same in France, where the inflation rate reached 3.4% in November, the highest reading since 2008.

The question going forward is how the ECB will square the high inflation readings with uncertainty over the pandemic.

ECB Vice President Luis de Guindos said last week that the central bank still plans to end its emergency bond purchases program in March. However, market players want to know how the central bank will be adjusting its other tools.

“The Omicron variant has increased the level of uncertainty even further but for now we suspect that it will have a fairly small impact on inflation,” Jack Allen-Reynolds, senior Europe economist at Capital Economics, said in an emailed note to clients.

On the other hand, Rupert Thompson, chief investment officer at wealth manager Kingswood, said the latest figures make it more likely that the ECB will have to reduce monetary stimulus.

“Euro zone inflation now looks set to remain well above the ECB’s 2% target for much of next year and these numbers will make it all the harder for the central bank to justify continuing its QE [quantitative easing] program and holding off on any rate rise before 2023,” he said.

In addition, Charles Hepworth, investment director at GAM Investments, said: “It may be wishful thinking on the part of ECB President Lagarde when she declares that price pressures won’t run out of control – they already are and it’s difficult to follow the argument that it will abate soon.”

SOURCE: CNBC

 

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