The rush by Asia-Pacific countries to slam borders shut in response to the Omicron variant has raised a sobering question: What if harsh restrictions like travel bans never truly end?
Speculators’ net long positioning on the U.S. dollar in the latest week soared to its highest level since mid-June 2019, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.
Fears surrounding the new, heavily mutated coronavirus variant called Omicron slammed investor sentiment on Black Friday. While stocks suffered—and the Dow Jones Industrial Average had its worst day of the year—it was crude markets that were the hardest hit.
US president urges people to get vaccinated amid global concern over new strain WHO says poses ‘very high’ risk.
South African President Cyril Ramaphosa has called on countries to “urgently” reverse “scientifically unjustified” travel restrictions linked to the discovery of a new variant of the coronavirus.
