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Research Finds Many Submit-Covid Sufferers Are Experiencing New Medical Issues

The report “shows the point that Covid can affect almost any organ system for a long time,” said Dr. Ziyad Al-Aly, director of research and development for the VA St. Louis Health Care System, who was not involved in the new study.

“Some of these manifestations are chronic diseases that last a lifetime and will scar some individuals and families forever,” added Dr. Al-Aly, the author of a major study of persistent symptoms in Covid patients published in April in the Veterans Affairs Department, added.

In the new study, the most common problem for which patients sought medical help was pain – including inflammation of the nerves and pain related to nerves and muscles – which was reported by more than 5 percent of patients, or nearly 100,000 people, more than a fifth of those who have reported post-Covid issues. Difficulty breathing, including shortness of breath, suffered in 3.5 percent of post-Covid patients.

Nearly 3 percent of patients sought treatment for symptoms marked with diagnostic codes of malaise and fatigue, a broad category that could include problems like brain fog and fatigue that worsen after physical or mental activity – effects beyond that of many people with long Covid were reported.

Other new problems for patients, especially adults in their 40s and 50s, included high cholesterol, which was diagnosed in 3 percent of all post-Covid patients, and high blood pressure, which was diagnosed in 2.4 percent, the report said . Dr. Al-Aly said that such health conditions, which are generally not viewed as an aftereffect of the virus, “make it increasingly clear that post-Covid or long-term Covid have a metabolic signature characterized by disorders in the metabolic machinery”.

Relatively few deaths – 594 – occurred 30 days or more after Covid, and most were among people hospitalized for their coronavirus infection, the report said.

The study, like many with electronic records, only looked at some aspects of the post-Covid landscape. It didn’t say when the patients’ symptoms appeared or how long the problems lasted, and it didn’t accurately assess when patients sought help from doctors after an infection, only that it lasted 30 days or more.

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5 issues to know earlier than the inventory market opens Tuesday, June 15

Here are the top news, trends, and analysis investors need to start their trading day:

1. Stock futures are ahead of inflation data, Fed meeting

US stock futures were flat on Tuesday before a key government report on wholesale prices was released that could fuel or dampen inflation fears. Either way, investors will wait for signals from the Federal Reserve regarding their tolerance for inflation when the June two-day meeting of central bank policymakers ends on Wednesday.

CNBC’s latest Fed poll of economists, fund managers, and Wall Street strategists shows they believe the Fed’s cutback in massive Covid-era bond purchases won’t begin until January and the first near-zero rate hike in November will happen 2022.

With that in mind, the Nasdaq started the week up, propelling the tech-heavy index above its late April high. The S&P 500 saw a slight rise and another record close. The Dow broke a two-day winning streak. The 30-share average was 1.1% off its last record high in early May.

2. Government reports producer prices and retail sales in May

The 10-year government bond yield ticked lower Tuesday, trading around 1.49%, ahead of the Department of Labor’s May price index and May of the Department of Commerce’s retail sales. The headline PPI and core rate excluding food and energy both increase 0.5%. Economists expect retail sales to decline 0.6% in May. Without car sales, however, an increase of 0.5% is expected. Those data points and the Wednesday morning construction starts will be the final reports central bankers will need to consider before issuing their policy statement on Wednesday afternoon, followed by Fed Chairman Jerome Powell’s press conference.

3. USA and EU resolve 17-year Boeing-Airbus dispute; Suspend tariffs

US President Joe Biden (L) and French President Emmanuel Macron (C) talk to EU Commission President Ursula von der Leyen after the family photo at the start of the G7 summit in Carbis Bay, Cornwall on June 11, 2021.

PATRICK SEMANSKY | AFP | Getty Images

The EU and the US have settled a 17-year dispute over government subsidies for their respective aircraft manufacturers Boeing and Airbus. The two sides agreed to suspend the trade tariffs resulting from the dispute for five years. European Commission President Ursula von der Leyen said at her meeting with President Joe Biden in Brussels: “This meeting started with a breakthrough in aircraft.” Last week, CNBC reported that the EU was pushing Biden’s White House to reach an agreement to end the mutual tariffs on the matter imposed during former President Donald Trump’s tenure.

4. Biden travels to Geneva to meet Russian President Putin Put

This combination of file images, taken on June 7, 2021, shows then-Democratic presidential candidate Joe Biden speaking on the 17th during a speech in Darby, Pennsylvania, and team members attending the upcoming 2018 Pyeongchang Winter Olympics January 31, 2018 in the state residence Novo-Ogaryovo outside Moscow.

Jim Watson | AFP | Getty Images

Biden, who met with European allies at a G-7 summit in the UK and a NATO summit in Belgium this week, will meet with Russian President Vladimir Putin on Wednesday in Geneva, Switzerland. It is the third time that Geneva has hosted US and Russian leaders for talks. The first, in 1955, concerned then President Dwight D. Eisenhower and then Soviet leader Nikita Khrushchev. The second took place 30 years later between then President Ronald Reagan and Mikhail Gorbachev. Both meetings made progress in easing tensions. This time around, there is hope that the Biden-Putin meeting can bring about a modest improvement in the current US-Russia crisis on issues such as Ukraine, human rights and cyberattacks.

5. US nears 600,000 cumulative deaths from Covid-19

A woman and child look at Naming the Lost Memorials as US deaths from coronavirus disease (COVID-19) are expected to exceed 600,000 in Green Wood Cemetery in Brooklyn, New York, the United States, Jan. 2021.

Brendan McDermid | Reuters

With new daily Covid cases and deaths in the US dropping dramatically along with high vaccination rates, the nation was on the verge of recording a total of 600,000 deaths from the disease. According to the Johns Hopkins University, these are the most cumulative Covid deaths of all countries in the world. The US also has the highest total infections in the world, with nearly 33.5 million cases. However, with increases in Brazil and India, these countries follow the US in total deaths, with more than 488,200 in Brazil and about 377,000 in India. When it comes to cumulative infections, it’s about: India was number 2 with just under 29.6 million and Brazil was number 3 with around 17.5 million.

– The Associated Press contributed to this report. Follow the whole market like a pro on CNBC Pro. Get the latest on the pandemic with coronavirus coverage from CNBC.

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Asia Struggles to Forged Off the Pandemic Regardless of its Early Lead

SYDNEY, Australia – Across the Asia-Pacific region, the countries that led the world in containing the coronavirus are now languishing in the race to leave it behind.

As the US, which has suffered far worse outbreaks, now crampers stadiums with vaccinated fans and planes with summer vacationers, the pandemic champions of the east are still caught in a cycle of uncertainty, restriction and isolation.

In southern China, the spread of the Delta variant led to a sudden lockdown in Guangzhou, a major industrial capital. Taiwan, Vietnam, Thailand and Australia have also cracked down on the recent outbreaks, while Japan is grappling with its own fatigue from a fourth round of infections riddled with fears of a virus disaster from the Olympics.

Wherever they can, people move on with their lives, with masks and social distancing and outings near their home. Economically, the region weathered the pandemic relatively well, as most countries successfully mastered their first phase.

But with hundreds of millions of people from China to New Zealand still unvaccinated – and with concerned leaders keeping international borders closed for the foreseeable future – tolerance for restricted lives is getting thinner, even though the new varieties add to the threat.

Put simply, people are fed up with asking themselves: Why are we behind us and when will the pandemic routine for the love of the good finally come to an end?

“When we’re not stuck, it’s like we’re waiting in the glue or mud,” said Terry Nolan, director of the vaccines and immunization research group at the Doherty Institute in Melbourne, Australia, a city of five million people barely out of his last lockdown. “Everyone is trying to get out to find a sense of urgency.”

While languishing varies from country to country, it is generally due to a lack of vaccines.

In some places, such as Vietnam, Taiwan and Thailand, there are hardly any vaccination campaigns. Others, like China, Japan, South Korea, and Australia, have seen a sharp surge in vaccinations in recent weeks, but are far from offering vaccines to anyone who wants one.

But almost everywhere in the region, the trend lines point to a trend reversal. While Americans celebrate what feels like a new dawn for many of the 4.6 billion people in Asia, the rest of this year will be very similar to last, with extreme suffering for some and others in a limbo of subdued normalcy.

Or there could be more volatility. Companies around the world are monitoring whether the new outbreak in southern China affects the port terminals there. Across Asia, sluggish vaccine rollouts could also open the door to spiraling barriers that are inflicting new damage on economies, ousting political leaders and changing the dynamics of power between nations.

The risks are rooted in decisions made months ago, before the pandemic caused the worst of the carnage.

Since the spring of last year, the United States and several countries in Europe have been betting heavily on vaccines, accelerated approval, and spending billions to secure the first batches. The need was urgent. In the United States alone, thousands of people died each day at the height of its outbreak when the country’s epidemic was catastrophically failed to manage.

But in countries like Australia, Japan, South Korea, and Taiwan, infection rates and deaths have been kept relatively low by border restrictions, public compliance with antivirus measures, and widespread testing and contact tracing. With the virus situation largely under control and the ability to develop vaccines domestically limited, there was less of a need to place huge orders or believe in solutions that were not yet proven at the time.

“The perceived threat to the public was low,” said Dr. C. Jason Wang, Associate Professor at Stanford University School of Medicine who studied Covid-19 Policy. “And governments have responded to the public perception of the threat.”

As a virus control strategy, border controls – a preferred method across Asia – only go so far, added Dr. Wang added: “To end the pandemic, you need both defensive and offensive strategies. The offensive strategy is vaccines. “

Their introduction to Asia was defined by humanitarian logic (which nations around the world needed vaccines), local complacency, and raw power over pharmaceutical production and export.

Earlier this year, contract announcements with the companies and countries that control the vaccines appeared to be more frequent than actual shipments. In March Italy blocked the export of 250,000 doses of the AstraZeneca vaccine, which Australia had designated to control its own angry outbreak. Other deliveries were delayed due to manufacturing issues.

“Shipments of the vaccine you buy actually end up on the docks – it’s fair to say they don’t come close to meeting the purchase commitments,” said Richard Maude, senior fellow at the Asia Society Policy Institute in Australia.

Peter Collignon, a doctor and professor of microbiology at the Australian National University who worked for the World Health Organization, put it more simply: “The reality is that vaccine makers keep them to themselves.”

In response to this reality and the rare blood clot complications that have arisen with the AstraZeneca vaccine, many politicians in the Asia-Pacific region have tried early on to stress that there is little rush.

The result is now a huge gap between the United States and Europe.

In Asia, around 20 percent of people have received at least one dose of a vaccine; in Japan, for example, only 14 percent. In France, on the other hand, it is almost 45 percent, in the USA more than 50 percent and in Great Britain more than 60 percent.

Instagram, on which Americans once scolded Hollywood stars for enjoying a mask-free life in Zero Covid Australia, is now littered with images of grinning New Yorkers hugging their vaccinated friends. While snapshots from Paris show smiling guests in cafes wooing summer tourists, people in Seoul are obsessive about refreshing apps that locate leftover cans and usually can’t find anything.

“Does the leftover vaccine exist?” a Twitter user recently asked. “Or did it disappear in 0.001 seconds because it’s like a ticket for the front row seat at a K-Pop Idol concert?”

Demand has increased as some of the supply bottlenecks have started to ease.

China, struggling with hesitation about its own vaccines after months of controlling the virus, administered 22 million vaccinations on June 2, a record for the country. Overall, China has reported having administered nearly 900 million doses in a country of 1.4 billion people.

Japan has also stepped up its efforts and relaxed the rules that only allowed select medical professionals to give vaccinations. The Japanese authorities opened large vaccination centers in Tokyo and Osaka and expanded vaccination programs to workplaces and universities. Prime Minister Yoshihide Suga now says all adults will have access to a vaccine by November.

In Taiwan, too, vaccination efforts recently got a boost when the Japanese government donated around 1.2 million doses of the AstraZeneca vaccine.

But all in all, Taiwan’s experience is somewhat typical: it has still only received enough doses to vaccinate less than 10 percent of its 23.5 million residents. A Buddhist association recently offered to buy Covid-19 vaccines to expedite the island’s anemic vaccination efforts, but it was told that only governments can make such purchases.

And with vaccinations lagging across Asia, so will any robust international reopening. Australia has signaled that it will keep its borders closed for another year. Japan is currently banning almost all non-residents from entering the country, and an intensive review of overseas arrivals in China has left multinational corporations without key workers.

The immediate future of many places in Asia seems likely to be one of hectic optimization.

China’s response to the Guangzhou outbreak – testing millions of people within days, closing entire neighborhoods – is a quick replay of dealing with previous outbreaks. Few in the country expect this approach to change anytime soon, especially since the Delta variant that devastated India is now in circulation.

At the same time, vaccine holdouts are facing increased pressure to get vaccinated before the available doses are up, and not just in mainland China.

Indonesia has threatened residents with fines of around $ 450 for refusing vaccines. Vietnam has responded to its recent surge in infections by soliciting donations from the public to a Covid-19 vaccine fund. And in Hong Kong, officials and business leaders are offering a range of incentives to alleviate severe vaccination hesitation.

Still, the prognosis for much of Asia this year is obvious: the disease has not been defeated and will not be in the foreseeable future. Even those lucky enough to get a vaccine often leave with mixed feelings.

“This is the way out of the pandemic,” said Kate Tebbutt, 41, a lawyer who received her first shot of the Pfizer vaccine last week at the Royal Exhibition Building near Melbourne’s central business district. “I think we should be further ahead than we are.”

Coverage was contributed by Raymond Zhong in Taipei, Taiwan, Ben Dooley in Tokyo, Sui-Lee Wee in Singapore, Youmi Kim in Seoul, and Yan Zhuang in Melbourne, Australia.

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Nepal’s second Covid wave is now below management: Prime minister

Nepal’s second wave of Covid infections is subsiding – but the country needs more vaccines to deal with the pandemic, Prime Minister Khadga Prasad Sharma Oli told CNBC.

“The wave is under control and is going back,” he told Street Signs Asia on Monday. He said there had been a 75% decrease in cases.

Nepal reported 2,049 infections on Monday, up from a record of more than 9,000 new cases per day in mid-May.

“It was like a crisis, a very serious crisis … when the wave started,” Oli said, noting that infections and deaths increased and Nepal faced a shortage of hospital beds, medical equipment and facilities. He described the rise as “highly contagious and deadly”.

I think we can tentatively complete the vaccination process within this year.

Khadga Prasad Sharma Oli

Prime Minister, Nepal

Nepalese billionaire Binod Chaudhary told CNBC in May that the country had underestimated the intensity of the second wave of coronavirus.

“Little by little, we have taken very serious measures and taken serious steps to contain and control the pandemic,” said the Prime Minister.

Nepal has also received generous support from vaccine manufacturers, philanthropic organizations and other governments, he added.

Vaccination campaign

Oli said Nepal hopes to vaccinate its entire population by the end of 2021 if there are enough vaccines.

“Our population is only 30 million and of them we (some people) have already vaccinated,” he said.

Just over 8% of people in the country have received at least one dose of vaccine, according to Our World in Data. Nepal has received vaccines donated by India, China and Covax, a global alliance dedicated to delivering vaccines to poorer countries.

The prime minister said Nepal is also trying to secure millions of cans from countries like the US, UK and China.

“We speak very seriously with China and hope that we can get more vaccines,” said Oli. “Within this year, I think we can tentatively complete the vaccination process.”

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What Are The Roadblocks to a Covid Vaccine Passport?

With all American adults now eligible for Covid-19 vaccines and with businesses and international borders reopening, a heated debate has begun in the United States over whether a digital health certificate (often and somewhat misleadingly called a “vaccine passport”) will be required should to prove vaccination status.

Currently, Americans are being issued a white paper card as evidence of their Covid-19 shots, which can be easily forged, and online scammers are already selling fake and stolen vaccination cards.

While the federal government has announced that it will not introduce federal mandate digital vaccination records, a growing number of companies – from cruise ships to sports venues – are saying that they need proof of vaccination for entry or services. Hundreds of digital health passport initiatives are struggling to bring apps to market that provide a verified electronic record of vaccinations and negative Covid-19 test results to streamline the process.

The initiative has raised privacy and equity concerns, and some states like Florida and Texas have banned companies from requiring vaccination certificates. However, the developers argue that the digital infrastructure is secure and will help expedite the process of reopening society and revitalizing travel.

Governments, tech companies, airlines and other companies are testing different versions of the digital health passports and trying to develop common standards so that each system is compatible and health records can be created in a secure and controlled format.

The process is associated with major technical challenges, especially due to the large number of ongoing app initiatives. For the certificates to be useful, countries, airlines and companies must agree on common standards and the infrastructure they use must be compatible. In the United States, getting individual states to share vaccination data with different certificate platforms while preserving the privacy of residents is also complicated.

Here’s what we know about the current state of digital health passports and some of the obstacles they face in the United States.

In March, New York became the first state in the United States to introduce a digital health certificate called the Excelsior Pass, which checks a person’s negative coronavirus test result and whether they are fully vaccinated.

The app and website, which have now been downloaded more than a million times, are free and voluntary for all New Yorkers, and offer a QR code that can be scanned or printed out to check a person’s health records. The pass has been used by thousands of New Yorkers to enter Yankee Stadium, Madison Square Garden, and other smaller public venues.

Most companies require individuals to present their government ID along with their Excelsior passport to prevent possible fraud.

In Israel, where more than half of the population is fully vaccinated, residents are required to show an electronic “Green Pass” to visit places such as gyms, concerts, wedding halls and dine indoors.

The European Union has approved an electronic vaccination certificate, due to be recognized from July 1, that a number of European countries have already used, but each individual member country can set its own rules for travel requirements. The UK has also started testing a Covid-19 certificate system designed to help companies reopen safely.

Some airlines, including Lufthansa, Virgin Atlantic and Jet Blue, have started using the Common Pass digital health app to check passengers’ Covid-19 test results before boarding. The International Air Transport Association’s Health Pass is used by more than 20 airlines and allows passengers to upload health certificates required for international travel.

That depends on the state regulations. The Biden government has announced that there will be no federal immunization system or mandate. Individual states have primary public health powers in the United States and have the power to request vaccines.

Let us help you protect your digital life

“We assume that a vaccine pass, or whatever you want to call it, is being driven by the private sector,” White House press secretary Jen Psaki said at a briefing in March. “There will be no centralized, universal federal vaccination database and no federal mandate that prescribes a single vaccination card for everyone.”

In April, Texas Governor Greg Abbott issued an executive order banning government agencies, private companies, and institutions receiving state funding from requiring individuals to prove they had been vaccinated against the coronavirus.

Florida Governor Ron DeSantis issued a similar order, saying that demonstrating vaccination would “limit individual freedom” and “harm patient privacy” as well as “create two classes of citizens based on vaccinations.”

But these orders cannot be held liable. “The governors are on uncertain legal ground,” said Lawrence Gostin, director of the O’Neill Institute for National and Global Health Law at Georgetown University. “Of course, lawmakers have the power to regulate businesses in the state, and they can stop counties and local governments from issuing vaccine passports. But a governor who acts alone has no inherent power to regulate businesses except through emergency or other health powers given to them by law. “

There is no centralized federal vaccine database in the United States. Instead, states collect this information. All states except New Hampshire have their own vaccination registers, and some cities, like New York, have their own.

Currently, states are required to share their registers with the Centers for Disease Control and Prevention, but the data is not public and could be withheld.

That means anyone developing a digital vaccination certificate in the United States will need to obtain vaccination records from individual states, which could be problematic in states that oppose health passport initiatives.

One of the problems is the terminology. A passport is issued by a government and certifies personal information, including an individual’s legal name and date of birth. Many people fear that they are giving out personal and sensitive health information to private companies that could be stolen or used for other purposes.

“There are many legitimate concerns about how privacy and technology would work with these systems, especially since Silicon Valley doesn’t have a great history in providing privacy enhancing technology,” said Brian Behlendorf, executive director of the Linux Foundation Public Health. an open source, technology oriented organization.

“And the concept of privacy here is complicated because, ultimately, you are trying to prove to someone that you received something,” he said. “You don’t keep a secret, so the challenge is to come up with something and prove it without forever creating a traceability chain that could be used.”

The Linux Foundation works with a network of technology companies called the Covid-19 Credentials Initiative to develop a set of privacy standards when using vaccine certificates. The main goal of the initiative is to create a verifiable ID (similar to a card in a wallet) that contains a range of information about a person, but is digitally native and cryptographically secure.

Some argue that such an ID would encroach on personal freedoms and private health decisions.

“‘Vaccine passports’ must stop,” former Texas representative Ron Paul wrote in a tweet last week. “To accept them is to accept the misconception that the government owns your life, your body and your freedom.”

Others fear that an all-digital system would leave some communities behind, especially those with no access to smartphones or the internet.

“All solutions in this area should be simple, free, open source, accessible to people both digitally and on paper, and designed from the start to protect people’s privacy,” said Jeff Zients, the coronavirus coordinator of the White House, in a statement.

The World Health Organization said in April that it does not yet support the need for vaccination certificates for travel due to uncertainty about whether vaccination will prevent transmission of the virus and equity concerns. But the organization is working with a number of agencies such as UNICEF, ITU and the European Commission to set the standards and specifications for a possible globally recognized digital vaccination card.

Follow the New York Times Travel on Instagram, Twitter and Facebook. And sign up for our weekly Travel Dispatch newsletter for expert tips on smarter travel and inspiration for your next vacation. Are you dreaming of a future short vacation or just traveling in an armchair? Check out our 52 places list for 2021.

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5 issues to know earlier than the inventory market opens Monday, June 14

Here are the most important news, trends and analysis that investors need to start their trading day:

1. Wall Street set to open steady after another S&P 500 record

Traders on the floor of the New York Stock Exchange.

Source: NYSE

U.S. stock futures were flat Monday after the S&P 500 eked out another record close Friday. The S&P 500 rose 0.4% for the week, notching a three-week winning streak. The Nasdaq’s gain Friday put the tech-heavy index within 0.5% of its record close in late April. The Nasdaq soared nearly 1.9% for the week, logging its fourth straight weekly gain. The Dow’s slight advance Friday inched the 30-stock average less than 1% closer to last month’s record close. However, the Dow dropped 0.8%, breaking a two-week winning streak.

The 10-year Treasury yield was steady early Monday, firmly below 1.5%, ahead of Federal Reserve’s June meeting on Tuesday and Wednesday. Inflation will be front and center on investors’ minds after last week’s hotter-than-expected consumer price index reading for May. The Fed has been promising to keep its extraordinary Covid-era easy money measures in place — massive asset buying and near zero interest rates — claiming any price pressures will be transitory.

2. Novavax says its Covid vaccine is 90% effective overall

A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in front of displayed Novavax logo in this illustration taken, October 30, 2020.

Dado Ruvic | Reuters

Biotech firm Novavax said Monday its Covid vaccine was shown to be safe and 90.4% effective overall in a phase three clinical trial of nearly 30,000 participants across the U.S. and Mexico. Additionally, the two-dose vaccine was found to be 100% effective in preventing moderate and severe disease and 93% effective against some variants. Novavax plans to file for authorization with the Food and Drug Administration in the third quarter. If allowed for emergency use, it would join shots from Pfizer, Moderna and Johnson & Johnson that already received U.S. approval. Shares of Novavax rose 5% in premarket trading.

3. Bitcoin jumps after Tudor Jones endorsement, Musk tweet

Bitcoin popped back above $40,000 on Monday, shortly after investor Paul Tudor Jones endorsed it in a CNBC interview and one day after Tesla CEO Elon Musk tweeted that the electric auto maker could accept bitcoin transactions again in future. Musk said Sunday that Tesla will resume allowing bitcoin transactions “when there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend.” Tesla halted car purchases with bitcoin in mid-May, citing concerns over the climate impact of cryptocurrency mining.

4. Biden to attend NATO summit after G-7 gathering, ahead of Putin meeting

US President Joe Biden attends the G7 summit in Carbis Bay, Cornwall on June 11, 2021.

Leon Neal | AFP | Getty Images

President Joe Biden is set to attend a NATO summit in the Belgium capital Brussels on Monday, aiming to consult European allies on efforts to counter provocative actions by China and Russia. Biden will also highlight the United States’ commitment to the 30-nation alliance, which was frequently maligned by former President Donald Trump. Biden’s trip to Europe started with a G-7 meeting, which ended Sunday with promises to enact measures on Covid vaccines and a global corporate tax as well calls for China “to respect human rights and fundamental freedoms.” Biden is set to sit down with Russian President Vladimir Putin in Geneva, Switzerland, on Wednesday.

5. Israel’s new government gets to work after Netanyahu ouster

Leader of the Israeli Yemina party, Naftali Bennett, delivers a political statement at the Knesset, the Israeli Parliament, in Jerusalem, on May 30, 2021.

YONATAN SINDEL | AFP | Getty Images

For the first time in 12 years, Israelis woke up to a new prime minister after 49-year-old Naftali Bennett late Sunday secured the backing of parliament and ousted longtime leader Benjamin Netanyahu. Under a coalition agreement, Bennett, a former ally of Netanyahu turned rival, will hold office of the premier for the first two years of the term, and then Foreign Minister Yair Lapid, the architect of the coalition, will become prime minister. Netanyahu, the longest to hold office, will now serve as the opposition leader. The 71-year-old has made clear he has no intention of exiting the political stage.

— The Associated Press contributed to this report. Follow all the market action like a pro on CNBC Pro. Get the latest on the pandemic with CNBC’s coronavirus coverage.

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Vermont is the primary state to partially vaccinate a minimum of 80 p.c of its eligible inhabitants.

Vermont has at least partially vaccinated 80 percent of residents 12 and older, so any remaining state pandemic restrictions can be lifted, Governor Phil Scott said Monday.

Federal data confirmed the state first passed the 80 percent milestone, while elsewhere, vaccination rates have jeopardized President Biden’s national goal of shooting at least 70 percent of adults over the age of 18 in the arms by July 4.

“I’m very proud to announce that Vermont is now the first state in the nation to vaccinate over 80 percent of its population aged 12 and over,” Scott said at a news conference Monday.

Vermont is very successful in dealing with the coronavirus. A New York Times database shows that the state has reported fewer cases and fewer deaths relative to population than any other state except Hawaii. Vermont has vaccinated 83 percent of its adult population aged 18 years or older; Hawaii and Massachusetts are the only other states that have exceeded 80 percent with this measure.

“Not only do we run the United States, Vermont is now the world leader in vaccines to fight Covid-19,” said Scott. “Our state has shown the world what is possible when a group of people with the right mindset follow the data and trust medical science.”

The number of new positive tests reported daily across the country appears to be leveling off after having been steadily declining for months. Experts fear that states with low vaccination rates, especially in the south, could trigger new outbreaks.

Mr. Scott, a Republican, lifted his state’s mask mandate and capacity restrictions on vaccinated individuals on May 14. He said the Vermont state of emergency would end on Tuesday.

“It’s really very simple: there are no more government Covid-19 restrictions,” he said.

The people of Vermont still have to abide by federal pandemic regulations and companies are allowed to put in place security measures like requiring masks if their owners so wish, he said.

“Companies have to make that decision,” said Scott.

Many states have relaxed or lifted most of their pandemic restrictions, including some with vaccination rates far lower than Vermont’s.

Mr. Scott commended public health officials for his state’s testing program and vaccine implementation. But he found that Vermont’s work was far from over.

“We will continue to vaccinate as many Vermonters as possible because any vaccination that is given today, tomorrow and in the coming weeks is just as important as the one we gave yesterday,” he said.

Amy Schoenfeld Walker contributed the reporting.

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WHO says Covid is spreading quicker than the worldwide distribution of vaccines

Funeral directors wearing personal protective equipment carry a coffin during the funeral of a COVID-19 victim amid a coronavirus disease (COVID-19) nationwide lockdown at Olifantsvlei Cemetery, southwest of Joburg, South Africa, Jan. 6, 2021.

Siphiwe Sibeko | Reuters

The global spread of Covid-19 is advancing faster than the global distribution of vaccines, World Health Organization officials said on Monday.

They attributed transmission rates to new variants like Alpha and Delta, which have proven to be more contagious.

“This means that the risks for people who are not protected, ie most of the world’s population, have increased,” WHO Director General Tedros Adhanom Ghebreyesus said during a press conference.

While the number of new cases of the virus continues to decline worldwide, the number of deaths has not decreased by the same amount, he said. Since the pandemic began, more than 3.8 million people have died of Covid worldwide.

A person receives a dose of Pfizer BioNTech vaccine at a vaccination center for people over 18 years old at the Belmont Health Center in Harrow amid the coronavirus disease (COVID-19) outbreak in London, Great Britain, June 6, 2021.

Henry Nicholls | Reuters

The number of new cases has declined for seven straight weeks, the longest decline in the world since the pandemic began. But the number of deaths reported this week is still similar to last week, he said.

“While weekly cases are at their lowest level since February, deaths are not falling anytime soon,” Tedros said. “The global decline hides worrying increases in cases and deaths in many countries.”

Countries in Africa have higher Covid death rates than other countries, he said. The higher death rates are particularly worrying as African countries have reported fewer cases than most other regions.

African countries also have the least access to vaccines, diagnostics and oxygen supplies, underscoring the impact of medical inequality that global health authorities have warned about.

“There are enough vaccine doses around the world to contain transmission and save many lives when used in the right places for the right people,” said Tedros.

The G-7 have pledged to distribute 870 million doses of vaccine around the world, but WHO says more are needed.

“This is a big help, but we need more and we need it faster. More than 10,000 people die every day,” said Tedros.

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How the Virus Unraveled Hispanic American Households

To a wide circle of friends and family, Jesse Ruby was the go-to guy.

The father who would drop everything and drive across town if his sons needed a ride. The cousin who spent weekends helping relatives move. The partner who worked odd jobs on weekends with his girlfriend, Virginia Herrera, to help make ends meet for an extended household in San Jose, Calif.

“If he was your friend, or he considered you a friend or family, all you had to do is ask,” Ms. Herrera said. “You could depend on him. He was that person.” Then, in December, Mr. Ruby caught the coronavirus. He died six weeks later, at just 38 years old.

Across the United States, the pandemic has shattered families like Mr. Ruby’s. Hispanic American communities have been pummeled by a higher rate of infections than any other racial or ethnic group and have experienced hospitalizations and deaths at rates exceeded only by those among Native Americans and Alaska Natives.

But new research shows the coronavirus has also attacked Hispanic Americans in an especially insidious way: They were younger when they died.

They are much more likely than white Americans to have died of Covid-19 before age 65, often in the prime of life and at the height of their productive years. Indeed, a recent study of California deaths found that Hispanic Americans between the ages of 20 and 54 were 8.5 times more likely than white Americans in that age range to die of Covid-19.

“It matters how old you are when you die, because your role in society differs,” said Dr. Mary Bassett, director of the François-Xavier Bagnoud Center for Health and Human Rights at Harvard’s T.H. Chan School of Public Health.

Her research has found that Hispanic Americans and Black people who died of Covid-19 lost three to four times as many years of potential life before the age of 65 as did whites who died.

The virus more often killed white Americans who were older. Their deaths were no less tragic, but they did not lead to the unraveling of income streams and support networks that was experienced in Hispanic American communities. These families experienced a very different pandemic.

“When you die young, you may be a critical breadwinner for your family,” Dr. Bassett said. “You may have dependent children. And we know that losing a parent is not good for children and has an impact on their future development and psychological well-being.”

Mr. Ruby and Ms. Herrera lived together in San Jose, Calif., where the extreme wealth of Silicon Valley’s high-tech elite contrasts with poverty and homelessness, and where working families double and triple up under the same roof, paying some of the highest rents in the country.

“It’s a tale of two cities,” said Jennifer Loving, chief executive officer of Destination: Home, a public-private partnership aiming to end homelessness in Santa Clara County, which includes San Jose. “We literally have Teslas sitting outside homeless encampments.”

Health is as polarized as wealth. An analysis of county death records by The New York Times provides a rare, granular look at who died of Covid-19 in a county of 1.9 million people — by age, sex, race and ethnicity, pre-existing health conditions and, importantly, where people lived.

The data show that people like Mr. Ruby and others in largely Hispanic neighborhoods, and in those areas where incomes are lower than the county median, were more likely to die at a younger age than those in high-income communities or in those where fewer Hispanic Americans were living.

The records were first obtained by Evan Low, a California Assembly member who advocated unsuccessfully for legislation requiring the state’s health department to collect and publicly report Covid-19 deaths by ZIP code.

“The goal is greater transparency about what has occurred during the pandemic,” Mr. Low said. “We need to know which neighborhoods have been most impacted. We want to understand precisely where people died of Covid, so we have data and facts to guide policy.”

Through the end of February, white residents were just as likely to die of Covid-19 as Hispanic residents, according to The Times’s analysis. But the white residents were much older, on average.

The median age at death was 86 for white Covid-19 patients, compared with 73 for Hispanic individuals. The analysis shows that while only 25 percent of the county’s population is Hispanic, 51 of the 68 residents under age 50 who died of Covid-19 through the end of February were Hispanic.

Only seven were white, though white residents make up nearly one-third of the county. Most of the others were of Asian or Pacific Islander backgrounds. (Asian-American residents had a much lower death rate, half that of white and Hispanic residents.)

Four San Jose ZIP codes with largely Hispanic populations — 95116, 95122, 95127 and 95020 — accounted for one in five of the Covid-19 deaths in Santa Clara County, even though they represented only one in eight of the county’s residents. Households in the four ZIP codes had incomes that were lower than the median in the county.

The patterns in Santa Clara County hint at a broader disparity throughout the nation. Hispanic Americans, who are more likely than white Americans to have jobs that cannot be done remotely and do not provide paid sick leave, are three times as likely as white Americans to be hospitalized with Covid-19 and more than twice as likely to die of it. Many lack health insurance.

Mr. Ruby was a charmer who could chat up anyone, the life of the party. Friends in school had nicknamed him Buddha, a reference to his happy-go-lucky nature and his chunky frame.

“He was all about having a good time,” said a cousin, Anthony Fernandez. “He would have you laughing within the first five minutes of talking to you.”

In 2011, when Ms. Herrera met Mr. Ruby, she was reluctant to get involved. He had just been released from a short stint in prison for a burglary involving beer. He had a scar on his stomach from a gunshot wound and a large, prominent tattoo of a Buddha on his forehead. She prevailed on him to remove it.

“I told him, ‘I’m not a pen pal,’” Ms. Herrera recalled. “‘I’m not going to write you in jail. You need to be out.’”

The relationship was stormy at first, but Mr. Ruby eventually became an integral, trusted part of Ms. Herrera’s extended family. He helped support two teenage sons from a previous relationship: Jesse Jr., 18, who plans to start attending community college in the fall, and Joseph, 16.

Mr. Ruby became a surrogate father to Ms. Herrera’s daughter, coaching her baseball team and watching movies with her when she was moping. He made a mean enchilada casserole, and took charge of the laundry and repairs around the house.

He even won over Ms. Herrera’s mother, Virginia Marquez, who thought he drank too much when she first met him but came to love Mr. Ruby.

“He was the person you could call,” she said. “He would drop what he was doing and go help.”

Ms. Herrera has felt the loss of Mr. Ruby in uncountable ways, but money has been a particular concern.

Shortly before he fell ill, Mr. Ruby had landed a steady job building walk-in coolers and freezers (Ms. Herrera said removing the Buddha tattoo had helped). The job paid well, he got to drive the company truck, and there was plenty of overtime.

For a brief while, “It felt like a weight was taken of our shoulders,” Ms. Herrera said. His abrupt death left her grieving — and panicked. “We went halves on everything, so I’ve struggled,” she said.

Researchers have long remarked on the social networks and expansive family ties that help explain why Hispanic Americans tend to be as healthy as, or healthier than, white Americans. Hispanic Americans have high rates of diabetes and obesity but live longer than white Americans, despite lower average incomes and educational levels and reduced access to health care.

But the phenomenon, called the Hispanic paradox, has not held up during the pandemic. A recent study in Health Affairs found that 70 percent of Covid-19 cases in California where race and ethnicity were known had struck Hispanic individuals, though that group makes up only 39 percent of the state population. Hispanic Americans also accounted for nearly half of the deaths from Covid-19 in the state.

“Covid-19 is so overwhelming that this previously known paradox, which is also called the healthy immigrant effect, is overwhelmed,” said Erika Garcia, an assistant professor of environmental health at the University of Southern California, whose study identified the discrepancies in death rates among younger adults in California.

The coronavirus spreads very quickly within households, and so close ties among extended households have emerged as detrimental factors for Hispanic Americans. A Health Affairs study also found that Hispanic Californians were eight times as likely as white residents to live in a “high exposure-risk household,” which scientists defined as one having one or more essential workers and fewer rooms than inhabitants.

“The stereotype is that Latino families care about family more, but it’s not really about that — it’s about the need to pool together resources,” said Zulema Valdez, a professor of sociology at the University of California, Merced. “There’s a whole web of a social safety net that the family is providing.”

A death creates a hole in the net. “They’re immediately one paycheck away from homelessness,” Dr. Valdez said.

“Everybody knows someone who has died, or multiple people who have died, and everyone is figuring out how to compensate for the roles and duties that are no longer being done by those people,” she added. “The hardship is extreme.”

Deaths of wage earners add to the hardships minority communities are already experiencing during the pandemic.

One in five Black and Hispanic Americans reported being behind on their rent or mortgage in April, compared with 7.5 percent of white Americans. One in five Black and Hispanic adults in households with children said they did not have enough to eat in the previous week, compared with 6.4 percent of white Americans, according to analyses of census surveys by Diane Schanzenbach, an economist at Northwestern University.

A few days before Thanksgiving, Ms. Marquez’s husband, a Lyft driver, got what looked at first like a cold. He started having trouble breathing — and then a coronavirus test came back positive.

He was hospitalized on Thanksgiving Day. Ms. Marquez, the mother of Mr. Ruby’s girlfriend, canceled the festive meal she had planned for the family and told everyone to stay away. But Ms. Herrera and Mr. Ruby stopped by for a brief visit, and then the virus raced through the two households.

Five in Ms. Marquez’s household of nine were infected; aside from her husband, most had mild symptoms. In Ms. Herrera’s household of eight, all but two got sick. Mr. Ruby’s teenage boys, who did not live with them, also became ill.

On Dec. 4, Mr. Ruby’s fever spiked to 104 degrees, and he too struggled to breathe. His job’s private insurance hadn’t kicked in yet — he was on California’s Medicaid program, MediCal — and Ms. Herrera drove him to a hospital emergency room.

His weight, high blood pressure and diabetes all put Mr. Ruby at high risk for severe disease, but the hospital sent him home. Ms. Herrera is still tormented about that.

“I keep on replaying over and over,” she said. “What did I say, what did I do? Could I have done something different? Should I have turned the car around and went into the E.R. myself to say, ‘Why are you sending him home?’”

Mr. Ruby spent the next few days at home sleeping. He refused food, and Ms. Herrera, who was starting to recover from her own bout with the virus, tried to make sure he stayed hydrated.

When Mr. Fernandez, his cousin, texted to ask how he was, Mr. Ruby responded with one word: “Tired.”

On Dec. 8, Mr. Ruby’s skin began to turn blue, and Ms. Herrera called an ambulance. This time, the hospital admitted him. A few days later, Mr. Ruby seemed to rally. But then he took a turn for the worse and was told he would be placed on a ventilator.

He told Ms. Herrera on the phone that he was scared.

“I just kept reminding him, ‘You’re going to come home, you’re going to be OK, and when it’s time, we’ll laugh about this,’” she said. He died on Jan. 16.

The family’s grief metastasized into accusations and guilt. Some of Mr. Ruby’s family members blamed Ms. Herrera, saying she should have gotten him help sooner. Mr. Fernandez blames the hospital, saying E.R. physicians should never have sent Mr. Ruby home when he first sought help.

There was bickering over donations raised to help the family get through the crisis, and relationships have frayed. Life will never be the same for anyone in the extended family.

“Jesse always used to say, ‘Nothing can take me out,’” Ms. Herrera said. “I was waiting for him to come home and tell stories about how he beat Covid that he’d repeat over and over until he got on my nerves. I never had any doubt in my mind that he was going to come home.”

Susan Beachy contributed research.

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Health

Novavax says its Covid vaccine is 90% efficient, plans FDA submission in Q3

A woman holds a small bottle with a sticker “Coronavirus COVID-19 Vaccine” and a medical syringe in front of the Novavax logo displayed in this image dated October 30, 2020.

Given Ruvic | Reuters

Biotech company Novavax said Monday its Covid-19 vaccine had been shown to be safe and 90.4% overall effective in a Phase III clinical trial involving nearly 30,000 participants in the United States and Mexico.

In addition, the two-dose vaccine was found to be 100% effective in preventing moderate and severe illness, and 93% effective in some variants. The company plans to file a regulatory filing with the Food and Drug Administration in the third quarter.

The late-stage study “confirms that NVX-CoV2373 has an encouraging tolerability and safety profile,” said Dr. Gregory Glenn, President of Research and Development at Novavax, in a press release. “These data show consistent, high efficacy and reaffirm the vaccine’s ability to prevent COVID-19 amid the virus’ s ongoing genetic evolution.”

With an abundance of vaccines already available in the US, it is possible that the government could donate the Novavax doses to other countries.

The company’s analysis evaluated 77 confirmed Covid infections among the 29,960 participants in the study. Novavax said 63 cases of Covid were seen in the placebo group, up from 14 cases seen in the group that received their two-dose vaccine. That resulted in an estimated vaccine effectiveness of 90.4%, it said.

The vaccine also appeared to be well tolerated, the company said. The most common side effects were fatigue, headache, muscle aches and pain at the injection site, which usually didn’t last more than two or three days, the company said.

All Covid hospital admissions in the study were in the placebo group, the company said.

Novavax said the vaccine appears to be effective against a few variants, including the alpha variant, which was first identified in the UK. About 65% of the cases where sequence data were available were of worrying variants, the company said.

If Novavax’s vaccine is FDA approved, it would follow three Covid-19 vaccines already approved in the U.S. by Pfizer-BioNTech, Moderna, and Johnson & Johnson for emergency use.

The new data comes as federal officials say the U.S. has more than enough doses of Covid vaccine to vaccinate the entire American population. According to the Centers for Disease Control and Prevention, more than 173 million Americans had received at least one dose of a Covid-19 vaccine as of Sunday.

The Biden government has already committed to donating at least 20 million doses of Covid vaccines from Pfizer-BioNTech, Moderna and J&J, and 60 million doses of AstraZeneca’s vaccine, which is not yet approved for use in the United States

Earlier this month, the White House announced it was lifting restrictions under the Defense Production Act, which gives the US priority to vaccines developed by AstraZeneca, Sanofi and Novavax.

Novavax said Monday it is still on track to hit production capacity of 100 million cans per month by the end of the third quarter and 150 million cans per month by the fourth quarter of 2021.