Record Korean cases; Merchant’s Guide to Deployment – Virus Update



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South Korea reported a record number of coronavirus cases for the second day in a row. Japan may halt its travel subsidy program in the cities of Tokyo and Nagoya amid rising infections, according to local media.

Peru suspended vaccine trials after an adverse event, while Brazil sent its vaccination plan to the country’s highest court. Italy overtook the UK as the European country with the most virus-related deaths, while the global figure rose to more than 1.6 million.

Los Angeles Mayor Eric Garcetti said someone in Los Angeles County died from Covid-19 every 20 minutes this week. The government-approved vaccines from Pfizer Inc. and BioNTech SE are due to they arrive at the first administration sites on Monday.

Key developments:

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China Suspends Imports Of Russian Fish Products: Global Times (10:45 a.m. HK)

Imports of seafood from Russian manufacturer Vostok-ryba Co. were suspended for a week after the outer packaging of the frozen salmon tested positive for the coronavirus, the Global Times reported.

Japan May Stop Travel Subsidy Campaign in More Cities: Reports (10:35 a.m. HK)

Japan may halt the campaign in Tokyo and Nagoya due to rising coronavirus cases, local media reported Sunday.

The government will hold talks with the governors of regions where infections are increasing, Economy Minister Yasutoshi Nishimura told NHK. The program for the two cities could be suspended until December 25, FNN reported, without specifying where it obtained the information from.

Brazil reports 43,900 new cases of Covid-19 in the last 24 hours (10:30 a.m. HK)

Brazil has a total of 6,880,127 infections, according to data from the Health Ministry released on Saturday. The death toll rose 686 in the last 24 hours to 181,123.

Earlier, the nation’s Health Ministry handed over a national immunization plan to the Supreme Court and the Federal Prosecutor’s Office on Friday, according to a note on the ministry’s website on Saturday.

The plan will be unveiled to Brazilians on Thursday. The country has the third highest number of Covid-19 cases in the world, according to data compiled by Johns Hopkins University and Bloomberg News.

South Korea Reports Record Coronavirus Cases for Second Day (9:52 AM HK)

South Korea reported 1,030 confirmed cases on Sunday, breaking the previous day’s record of 950 infections. More than 70% of the 1,002 local infections reported on Sunday occurred in the Seoul metropolitan area, according to the Korea Agency for Disease Prevention and Control.

Joe Biden Urges Congress to Act on Coronavirus Relief Package (9:37 a.m. HK)

Los Angeles County suffers one death every 20 minutes (9:05 a.m. HK)

Los Angeles Mayor Eric Garcetti released a harsh statistic on the pandemic on Saturday: “This week, every 20 minutes, someone in Los Angeles County is dying from Covid-19.”

The number of cases in Los Angeles County reached 512,872 on Saturday, with a total of 8,269 deaths. Garcetti warned a week ago that deaths could exceed 11,000 by the end of the year.

The county of 10 million, one of the first in the US to close non-essential businesses in March along with other restrictions, said the app remains the key obstacle to containing the spread.

Charley Pride, Country Music’s First Black Star, Dies at 86: AP (7:06 a.m. HK)

Charley Pride, whose rich baritone helped sell millions of records and made him the first black member of the Country Music Hall of Fame, has died from complications from Covid-19, according to Jeremy Westby of public relations firm 2911 Media.

Peru suspends trial of China’s vaccine after ‘adverse event’ (6:38 am HK)

Peru has temporarily suspended trials of Sinopharm Group Ltd.’s Covid-19 vaccine after an unspecified “adverse event” was reported during a clinical trial.

Phase 3 trials began in September. Peru has seen more than 980,000 cases and 36,544 deaths from coronavirus, according to data compiled by Bloomberg.

A Stock Trader’s Guide to the Global Launch of the Covid Vaccine (6:22 a.m. HK)

the The race to distribute the one product billions of people around the world will want will create investment opportunities as marketers look at the companies involved in the launch.

Each vaccine that has won or is close to being approved offers a different logistical challenge, from ultra-cold storage to getting products to locations around the developing world.

CDC Advisors Endorse Pfizer-BioNTech Vaccine (3:09 pm NY)

An advisory panel from the Centers for Disease Control and Prevention voted to recommend that people over the age of 16 receive the Covid-19 vaccine from Pfizer Inc. and BioNTech SE, eliminating one of the last hurdles for American vaccines.

CDC Director Robert Redfield is due to give final approval to the panel’s recommendations at a meeting Saturday.

The pace of infections increases in France (3 pm NY)

The seven-day moving average of new cases in France rose 1.2% to nearly 12,000, marking a further increase from a recent low of 10,348 on December 4.

While another 194 people died from Covid-19-related causes, the moving average fell to 397 in Saturday’s data, the lowest in more than a month.

California cases exceed 35,000 per second day (2:45 pm NY)

California reported a record 35,729 new coronavirus cases on Saturday, its second day in a row with more than 35,000. Deaths increased by 225 to 20,847. Hospitalizations increased 3.5% in 24 hours to a record 13,410 patients.

New York State Cases Increase for Fifth Day in a Row (2:34 p.m. NY)

New York had 11,129 new cases and 95 additional deaths statewide related to Covid-19, Governor Andrew Cuomo said On twitter. It is the fifth consecutive day of increase in cases, according to state data, bringing daily infections closer to the record 11,571 reported on April 14.

The latest positive test rate is slightly less than 4.6%, Cuomo said.

Nebraska eases virus-related restrictions (2 pm NY)

Nebraska relaxed some coronavirus-related restrictions on Saturday, increasing the capacity limit for indoor meetings from 25% to 50% and allowing some elective surgeries to resume. While groups in bars and restaurants will still be limited to eight patrons, they will no longer be required to stand six feet (1.83 meters) apart. The distancing requirements for gyms, health clubs and spas have been removed.



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