Ontario Premier Doug Ford is signaling an easing of COVID-19 restrictions as public health officials say infection and hospitalization cases are expected to peak by end of January. “We’ll have some positive news. I believe we’re going to make some announcements later this week about going back to other levels of restrictions,” Ford said Tuesday…
BC to Reopen Gyms, Extends Gathering Restrictions
British Columbia will take the “cautious step” to reopen gyms and fitness centres with a capacity limit on Jan. 20, the provincial health officer says. Dr. Bonnie Henry said in a Jan. 18 press conference that individual and group exercise in gyms and fitness facilities will be allowed to resume with capacity limited to seven…
Omicron ‘Peak’ Is Yet to Come, Says Australia’s Chief Medical Officer
January 19, 2022
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Australian Chief Medical Officer (CHO) said that although daily COVID-19 Omicron case numbers are decreasing, the worse has yet to come. CHO Paul Kelly stated that it would be several weeks before deaths and hospitalisations from the Omicron variant reach their peak, despite plateauing COVID-19 cases. “We expect death and hospitalisations to continue to rise…
‘Upside Down Again’: Omicron Surge Roils US Small Businesses
LUBBOCK, Texas—Phillip Howard pointed toward a stack of black ski pants piled atop a counter in his winter sports shop as evidence of the hurdles small business owners still face as the pandemic drags on. The pants were supposed to arrive by August at Troy’s Ski Lubbock shop in west Texas—well before his five-month hot…
Global Unemployment Expected to Take Longer to Reach Pre-Pandemic Levels: ILO
January 17, 2022
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The global labor market will take longer to recover than previously thought, according to a recent report by the International Labour Organization, as the world goes through a pandemic recovery tainted by the response to the Omicron variant. “The International Labour Organization (ILO) has downgraded its forecast for labor market recovery in 2022, projecting a…
Inflation, Supply Crunch, and Omicron Push US Growth Forecasts Down
January 17, 2022
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The U.S. economic forecast for the first quarter of 2022 looks dim, as high inflation, supply chain and labor disruptions, and Omicron slow down growth, according to the results from a survey conducted by the Wall Street Journal, of 69 business, academic, and financial forecasters. Annual growth rate predictions for the first quarter have slid to…
Inflation, Supply Crunch, Omicron Push US Growth Forecasts Down
January 17, 2022
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The U.S. economic forecast for the first quarter of 2022 looks dim, as high inflation, supply chain and labor disruptions, and Omicron slow down growth, according to results from a survey conducted by The Wall Street Journal of 69 business, academic, and financial forecasters. Annual growth rate predictions for the first quarter have slid to 3…
Goodbye Pandemic, Hello Endemic
January 16, 2022
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Commentary In early 1918, when World War I entered its final year, the H1N1 influenza A virus infected millions of people, causing the Spanish flu pandemic. By April 1920, after four waves and almost 100 million deaths, the pandemic ended. H1N1 became much less deadly and caused only ordinary seasonal flu. It had become an…
NY Federal Reserve Bank President Predicts Omicron Having Marginal Effect on US Economy
January 15, 2022
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John C. Williams, the Federal Reserve Bank of New York President and vice chair of the rate-setting Federal Open Market Committee (FMOC), said that the central bank is approaching a decision on whether to raise its short-term interest rates from near zero. Williams said that the current signs of a strong labor market and rising…
Beijing 2022 in Jeopardy? Omicron Crushes China’s ‘Zero-COVID’; Robert Atkinson on Tech IP Theft in China
January 14, 2022
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Is Omicron going to crush Beijing’s chance to hold the Olympic Games? The latest variant is highly contagious, and it challenges the effectiveness of Beijing’s “zero-COVID” policy—in which the Chinese regime will lock down an entire city in an attempt to eliminate COVID in the area. In this episode, I lay out some of the…
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