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The UK medicines regulator (MHRA) has given the primary approval of a variant-adapted vaccine by U.S. drug firm Moderna that targets each the unique and Omicron model of the virus.
Loss of life and Infections
* Eikon customers, click on on COVID-19: MacroVitals for a case tracker and abstract of stories.
CORONAVIRUS MAP | Daily Post
Asia-Pacific
* About 2.3 million individuals within the Philippines have been pushed into poverty between 2018 and 2021, rising to a complete of virtually 20 million, or 18.1% of the inhabitants, the Philippine Statistics Authority (PSA) stated.
* China’s monetary hub Shanghai stated on Sunday it could reopen all faculties together with kindergartens, major and center faculties on Sept. 1 after months of closures.
* Greater than 60,000 individuals thronged Sydney’s streets on Sunday for an annual street working occasion and mass celebration that returned for the primary time for the reason that COVID-19 pandemic started.
* North Korea has dropped a face masks mandate and different social distancing guidelines as chief Kim Jong Un declared victory over COVID-19 this week, state media stated on Saturday, three months after its first acknowledgement of the virus outbreak within the remoted nation.
* Mainland China reported 2,478 new COVID instances for Aug. 14, of which 770 have been symptomatic and 1,708 have been asymptomatic, the Nationwide Well being Fee stated on Monday.
* Shanghai reported 5 new domestically transmitted asymptomatic instances for Aug. 14, the identical as a day earlier, whereas one native symptomatic case was reported, up from zero the day earlier than, the town authorities stated on Monday.
DEATH RATES SOAR IN SOUTHEAST ASIA AS COVID-19 WAVE SPREADS
America
* U.S. CDC says Omicron subvariant BA.5 represents 88.8% of whole instances within the nation, as of week ended Aug. 13.

British drug regulators have develop into the primary to approve an up to date model of Moderna’s COVID vaccine. Pictured: Moderna COVID vaccine at a pharmacy in Portland, Ore., on, Dec. 27, 2021.
(AP Picture/Jenny Kane)
Financial Affect
* China’s central financial institution reduce key lending charges in a shock transfer to revive demand as knowledge confirmed the financial system unexpectedly slowing in July, with manufacturing unit and retail exercise squeezed by Beijing’s zero-COVID coverage and a property disaster.
* Asian shares turned blended on Monday after China’s central financial institution trimmed key lending charges after financial knowledge missed forecasts, underlining the necessity for extra stimulus to assist the world’s second largest financial system. [MKTS/GLOB]
* China’s financial system unexpectedly slowed in July, with exercise indicators from industrial output to retail gross sales lacking forecasts by giant margins, pointing to a shaky restoration as Beijing reveals no signal of easing its zero-COVID coverage.
* New financial institution lending in China fell greater than anticipated in July whereas broad credit score progress slowed, as recent COVID flare-ups, worries about jobs and a deepening property disaster made firms and shoppers cautious of taking over extra debt.
* Japan’s financial system rebounded at a slower-than-expected tempo within the second quarter from a COVID-induced droop, knowledge confirmed on Monday, highlighting uncertainty on whether or not consumption will develop sufficient to bolster a much-delayed, fragile restoration.
* Thailand’s financial system expanded on the quickest tempo in a yr within the second quarter as eased restrictions boosted exercise and tourism.
COVID-19 PANDEMIC TRIGGERED ‘ECONOMIC CONTAGION,’ COSTING WORLD’S ECONOMY $3.8T AND LEAVING 147M UNEMPLOYED
Medical Affect
* Round 25 million kids world wide missed out on routine vaccinations that defend towards life-threatening illnesses in 2021, the United Nations Kids’s Fund (UNICEF) and the World Well being Group (WHO) discovered. The 2 organizations stated the shortfall was the results of disruption to well being care globally throughout the pandemic.
* Novavax stated it had submitted an software with the U.S. Meals and Drug Administration looking for authorization for booster doses of its vaccine.
* India’s Bharat Biotech has accomplished medical growth for Section III trials and booster doses for intranasal vaccine.
NOVAVAX COVID-19 VACCINE FOR ADULTS ENDORSED BY CDC