The U.K. health secretary says steps taken in response to the discovery of two omicron cases will buy scientists some time to figure out a response to the new coronavirus variant. But the country is “not there yet” when it comes to more draconian restrictions, Sajid David said on Sky News.
Mideast stocks plummeted on the prospects of the new variant crimping air travel and prompting lockdowns. Dubai’s benchmark gauge dropped the most, suffering its sharpest loss since March 2020. Saudi Arabia’s main index fell the most since October 2020. China would face a “colossal outbreak” of Covid-19 on a scale beyond anything experienced elsewhere if it were to reopen in a similar manner to the U.S., according to researchers at Peking University. The country also is confronting new infections in the Inner Mongolia region near Russia.