By Paul R. LaMonica
New York (CNN Business)Investors are getting spooked by the rising numbers of Covid-19 cases as the Delta variant spreads across the globe.
The Dow fell about 725 points Monday, a drop of 2.1%. The S&P 500 ended the day down 1.6% and the Nasdaq was 1.1% lower.
This was the worst day for the Dow since a 943-point drop in late October, and it was the biggest decline this year. But the blue chip market barometer has had several even bigger point plunges since the start of 2020 due to concerns about the Covid-19 pandemic.
The Dow plummeted more than 1,000 points six times last year, with five of those market meltdowns taking place in March at the start of the pandemic in America. The Dow suffered its biggest point slide ever on March 16, 2020, dropping nearly 3,000 points — a 13% freefall....
If Wall Street thinks this is bad, wait to see what happens when the Republicans actually hold an insurrection and it turns the country into opposing warring parties rather than political parties. Isn't that what the generals are REALly afraid of?
The Delta virus is real and dangerous. It will kill. It will do a lot of damage to unvaccinated people. The "Long Haulers" will create a disability class of people that every country will have to cope with. And why all this tragedy? Because the Republicans played a game with the electorate. They actually gave themselves permission to play politics with one of the most deadly viruses on Earth.
Prime Minister Boris Johnson suddenly came out with "Freedom Day." It is the idea that everyone with vaccinations don't have a thing to worry about, but, be cautious when you need to. I think it is obvious what "Freedom Day" was for and it wasn't to celebrate the end of the pandemic, it was to give false hope to Wall Street. The UK will have a "COVID PASSPORT" for everyone vaccinated with two JABS. They use the word JABS instead of injection. The COVID PASSPORT is to recognize the people with complete immunity for nightclubs. Boris is excited about the vaccine for children age 12 to 15.
I was sitting outside Panera Bread in the USA the other day waiting for my curbside pick-up when a mother with two children walked into the shop. She was not wearing a mask, obviously vaccinated, and her two children about the ages of 5 and 7 were wearing their masks to try to protect from any virus in the air.
Delta is real and it is serious. The authorities are saying the vaccine helps PREVENT hospitalizations. The severe symptoms of the disease is far lower and the infection rate is lower. That is all good news. The infection rate is dropping compared to other escalations of the infected. The admission to hospitals is slower and less than any other exposure. We are doing something right.
I read a report that the INCENTIVIZED programs that award a million dollar to the lucky winner of the vaccine drawing; don't work. It did not spur all the unvaccinated to the vaccination sites to get their first JAB and a ticket to being a lucky winner besides being a winner in being vaccinated and IMMUNE to prevent serious disease.
Warning.
There is another virus variant on the rise and it is not fully understood by scientists. They say this variant has different mutations than any other. There is some worry, although unspoken, as to this might be the level three virus we cannot stop.
By Sanjay Mishra
A coronavirus variant known as Lambda, (click here) which has largely slid under the radar for the past nine months, is now causing almost all new infections in Peru.
Lambda (also known as C.37) was first detected in Peru in August 2020 and has spread to 29 countries, many in Latin America. And, since January 20, 2021, 668 Lambda infections have been reported in the United States. In Peru, Lambda is now responsible for more than 90 percent of new COVID-19 cases, a steep rise from less than 0.5 percent in December. The country has already suffered the world’s worst mortality due to COVID-19; the disease has killed about 0.54 percent of the population.
...Peru has revised its official death toll (click here) in the covid-19 pandemic from 69 342 to 185 380, after a scientific review of medical records ordered by the government. The new figure means that Peru has had 5551 covid deaths per million population, proportionally the worst official toll in the world. Hungary, which before this week had the world’s highest official toll per capita, now stands a distant second at 3094 deaths per million....
...Many Peruvian households lack a fridge, necessitating daily trips to crowded food markets. In one acknowledged mis-step Peru became one of the first countries to issue relief cheques to compensate for lost income, but because only 38% of Peruvians have bank accounts they had to crowd into banks to collect cash....
Peruvians need an infrastructure of green energy in wind mills and solar panels to accommodate refrigerators. They also need ONLINE BANKING for those that do not have traditional bank accounts. Let's hope they have Wifi access, too.
The Lambda variant likely caused the high number of infections during the second wave between the end of March and April, Peruvian Minister of Health Óscar Ugarte said in a news conference. In neighboring Chile, where the primary vaccine is China’s CoronaVac, Lambda accounts for 31 percent of sequenced cases in the last 60 days. The high case numbers are occurring even though 58.6 percent of Chile’s population is fully vaccinated and another 10 percent has received a single dose. The poor efficacy of the vaccine maybe partly to blame. A study by the University of Chile found that a single dose of the CoronaVac vaccine was only 3 percent effective, but that rose to 56.5 percent after both doses....
The Lambda variant likely caused the high number of infections during the second wave between the end of March and April, Peruvian Minister of Health Óscar Ugarte said in a news conference. In neighboring Chile, where the primary vaccine is China’s CoronaVac, Lambda accounts for 31 percent of sequenced cases in the last 60 days. The high case numbers are occurring even though 58.6 percent of Chile’s population is fully vaccinated and another 10 percent has received a single dose. The poor efficacy of the vaccine maybe partly to blame. A study by the University of Chile found that a single dose of the CoronaVac vaccine was only 3 percent effective, but that rose to 56.5 percent after both doses....
The scientists up to now have not had difficulty deciphering the genetic code of the variants to classify and understand them. Lamda is an outliar. It is not standard virus genetics. Lamda is a worry. If this turns into a level three virus, we are all in a lot of trouble.
STOP THE SPREAD OF THESE VIRUSES. The more OPPORTUNITY they have to sample human DNA, the more of a mutation will occur, and it will over come our immune system.
The Republicans MUST end their politics of virual hubris. This is ridiculous and borders on inhumane and genocidal.
