{"id":555787,"date":"2021-11-28T04:00:56","date_gmt":"2021-11-28T04:00:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/28\/this-morning-world-meet-omicron\/"},"modified":"2021-11-28T04:00:56","modified_gmt":"2021-11-28T04:00:56","slug":"this-morning-world-meet-omicron","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/28\/this-morning-world-meet-omicron\/","title":{"rendered":"THIS MORNING: World, meet Omicron."},"content":{"rendered":"

<\/a> Covid is back in global headlines in a big way<\/strong> after the emergence of a new variant in southern Africa caused what can only be called \u201crestrained panic\u201d across the world. Just a day after the World Health Organization designated<\/a> the so-called Omicron strain as a \u201cvariant of concern,\u201d travel bans are back in vogue as cases began popping up around Europe \u2014 and financial markets tanked.<\/p>\n

What we know about Omicron:<\/strong> According to the WHO, the variant has \u201ca large number of mutations, some of which are concerning\u201d and early evidence suggests that (a) it may be transmitted more easily, (b) that it could be able to dodge existing vaccines, and (c) that there could be a greater risk of reinfection for folks who have already had covid. Known as B.1.1.529, the variant was first found by scientists working in Botswana and Hong Kong before being discovered in South Africa amid a recent spike in cases in the country.<\/p>\n

And what we don\u2019t:<\/strong> The jury is still out on whether the current generation of covid vaccines will be as effective against the variant. Worryingly, scientists have said<\/a> that the variant has an \u201cunprecedented\u201d number of mutations to the spike protein \u2014 the part of the virus targeted by vaccines \u2014 but stressed that we do not yet have enough information to say whether it is more resistant to vaccines or more transmissible. The WHO has not yet commented on the efficacy of vaccines with Omicron.<\/p>\n

Cue the travel bans and restrictions:<\/strong> Much of the world \u2014 including, the US, Canada, the EU and much of our region \u2014 has moved to quarantine southern Africa and has suspended flights with six countries in the region. Israel has gone so far as to plan to completely shut its borders<\/a> after detecting its first case yesterday. The UK has moved to reinstate mandatory mask-wearing after detecting several cases, while cases are now spreading in the EU, where several countries have already reimposed some lockdown restrictions amid huge case numbers.<\/p>\n

We hate to cosplay Captain Hindsight here, but this feels like it was all too predictable:<\/strong> An almost inevitable consequence of the absurdly unequal distribution of vaccines across the world where the richest countries have drip-fed doses to the global south and hoarded the bulk for themselves. Now, some of the poorest parts of the world are now being punished by the same countries that deliberately prevented them from adequately vaccinating their populations. But we digress\u2026<\/p>\n

MARKET<\/strong> WATCH- Omicron is delivering a beating to stocks in Asia, Europe and the <\/strong>United States<\/strong>.<\/strong> The Vix \u2014 a measure of volatility that\u2019s often called the \u201cfear index\u201d \u2014 has shot up, and oil had its biggest one-day drop in price since August 2020, setting up a tense meeting of OPEC+ this coming Thursday. The Financial Times<\/a> and Bloomberg<\/a> have more.<\/p>\n

Omicron is everywhere on the front pages this morning<\/strong> \u2014 and it is likely to stay there for much of the coming week: AP<\/a> | CNN<\/a> | ABC News<\/a> | NYT<\/a> | France24<\/a> | Wall Street Journal<\/a>.<\/p>\n

WATCH THIS SPACE- <\/strong>There was news over the weekend<\/a> that non-resident travelers would be allowed to fly directly to Saudi Arabia from Egypt regardless of vaccine status starting this coming Wednesday (subject to certain restrictions and requirements). Omicron\u2019s appearance could see that policy change in a hurry, so keep an eye out for travel warnings.<\/p>\n","protected":false},"excerpt":{"rendered":"

Covid is back in global headlines in a big way after the emergence of a new variant in southern Africa caused what can only be called \u201crestrained panic\u201d across the world. Just a day after the World Health Organization designated the so-called Omicron strain as a \u201cvariant of concern,\u201d travel bans are back in vogue […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[107,72,119,219,295,234,74,406],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555787","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-covid-19","tag-enterpriseam","tag-financial-markets","tag-saudi-arabia","tag-south-africa","tag-travel","tag-what-were-tracking-today","tag-world-health-organization","wpautop","entry"],"acf":{"mongo_id":"64d6e03c-ce3e-4b95-967a-d51f258148e1","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[555784],"teaser":"","voice_url":""},"yoast_head":"\nTHIS MORNING: World, meet Omicron. - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/28\/this-morning-world-meet-omicron\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: World, meet Omicron.\" \/>\n<meta property=\"og:description\" content=\"Covid is back in global headlines in a big way after the emergence of a new variant in southern Africa caused what can only be called \u201crestrained panic\u201d across the world. 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The number of mutations in the virus\u2019 spike protein means existing vaccines are less likely to recognise it, putting previously\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/236.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555789,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/28\/egypt-bans-flights-from-southern-africa-as-world-panics-over-new-covid-variant\/","url_meta":{"origin":555787,"position":1},"title":"Egypt bans flights from southern Africa as world panics over new covid variant","author":"enterpriseam admin","date":"28 November 2021","format":false,"excerpt":"That February 2020 feeling: Egypt is among a growing number of countries moving to prevent the newly-discovered Omicron covid variant Omicron from arriving on its shores. Following in the footsteps of the US, Canada EU and many countries in the Middle East, the Madbouly government announced on Thursday that it\u2026","rel":"","context":"In "COVID WATCH"","block_context":{"text":"COVID WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/covid-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/611.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543259,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/19\/the-word-to-cling-to-this-coming-year-endemic\/","url_meta":{"origin":555787,"position":2},"title":"The word to cling to this coming year\u2026 endemic","author":"enterpriseam admin","date":"19 January 2022","format":false,"excerpt":"This much is clear: Covid-19 is sticking for a while longer. But we could soon put the word \u201cpandemic\u201d in our archives: At the outset of the pandemic, the prevailing hope was that time and vaccines would eventually wipe out covid-19. But as some countries transition into booster rollouts and\u2026","rel":"","context":"In "Enterprise explains"","block_context":{"text":"Enterprise explains","link":"https:\/\/enterpriseam.com\/egypt\/category\/explainers\/enterprise-explains\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/477.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553992,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/15\/omicron-poses-a-very-high-global-risk-who-says\/","url_meta":{"origin":555787,"position":3},"title":"Omicron poses a \u201cvery high\u201d global risk, WHO says","author":"enterpriseam admin","date":"15 December 2021","format":false,"excerpt":"The Health Ministry reported 822 new covid-19 infections yesterday, up from 799 the day before. Egypt has now disclosed a total of 370,819 confirmed cases of covid-19. The ministry also reported 51 new deaths, bringing the country\u2019s total death toll to 370,819.WHO warns of \u201chigh global risk\u201d from Omicron: Evidence\u2026","rel":"","context":"In "COVID WATCH"","block_context":{"text":"COVID WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/covid-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555000,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/28\/tonight-its-omicron-as-far-as-the-eye-can-see-we-got-our-biggest-batch-of-pfizer-shots\/","url_meta":{"origin":555787,"position":4},"title":"TONIGHT: It\u2019s Omicron as far as the eye can see + we got our biggest batch of Pfizer shots","author":"enterpriseam admin","date":"28 November 2021","format":false,"excerpt":"Good afternoon, nice people, and welcome to the accidental Omicron edition of EnterprisePM. The news cycle here at home is eerily calm, with no major stories grabbing our attention today so far. Abroad, it\u2019s a different picture: The newly identified covid-19 strain and how to avoid an exact repeat of\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555862,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/30\/this-morning-the-world-isnt-sure-what-to-make-of-omicron-no-pre-umrah-quarantine-for-people-with-approved-jabs\/","url_meta":{"origin":555787,"position":5},"title":"THIS MORNING: The world isn\u2019t sure what to make of Omicron; No pre-Umrah quarantine for people with approved jabs.","author":"enterpriseam admin","date":"30 November 2021","format":false,"excerpt":"Good morning, friends, and welcome to the last day of November. 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The past eleven months (heck, the past 91 weeks\u2026) have,\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=555787"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555787\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/555784"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=555787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=555787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=555787"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=555787"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=555787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}