Thursday, 23 Sep 2021

How the Delta variant could actually help the economy

Vladimir Putin is to self-isolate after Covid detected in entourage

  • Putin, 68, was due to travel to Tajikistan for high-level meetings of the CSTO and SCO regional alliances with the rapid deterioration of security in neighboring Afghanistan in focus.
  • The Kremlin said in a statement on Tuesday that Putin had called Tajikistan's President Emomali Rakhmon to explain he could not travel due to his self-isolation regime.

Russian President Vladimir Putin is self-isolating after members of his entourage fell ill with COVID-19 and will therefore not travel to Tajikistan this week for planned regional security meetings, the Kremlin said on Tuesday.

Putin, 68, was due to travel to Tajikistan for high-level meetings of the CSTO and SCO regional alliances with the rapid deterioration of security in neighboring Afghanistan in focus.

The Kremlin said in a statement on Tuesday that Putin had called Tajikistan's President Emomali Rakhmon to explain he could not travel due to his self-isolation regime and would take part in the meetings via video link instead.

"Putin said that due to cases of coronavirus in his entourage, he has to observe a self-isolation regime for a certain period of time," the Kremlin said in the statement on the phone call.

The Russian leader has taken an array of health precautions throughout the pandemic and has had two doses of the Sputnik V COVID-19 vaccine.

US COVID Cases Fall Below 100K

For the third consecutive day, daily COVID cases in the United States remained below the 1,00,000 mark, which is a relieving data when compared to the uptrend of cases the country has been witnessing for quote some days.

The weekly average of coronavirus cases has fallen to 132,135, marking 12 percent fall in a fortnight, according to data compiled by New York Times.

With 73331 new cases of coronavirus infections reporting in the United States on Monday, the national total has increased to 40,019,441, as per the latest data from Johns Hopkins University.

530 additional casualties took the national COVID death toll to 649,168.

California reported the most number of cases – 7054 – while Texas reported most COVID-related deaths – 47.

The number of people hospitalized due to coronavirus infection in the country has reached 101,747, marking 8 percent increase in a fortnight.

A total of 31,199,835 people have so far recovered from the disease in the country.

1,531,296 tests were conducted on Monday.

As per the latest data published by the Centers for Disease Control and Prevention, a total of 175,968,266 people have been fully vaccinated in the United States. This includes 92.4 percent of people above 65.

A total of 206,908,710 people, or 62.3 percent of the population, have received at least one dose.

A total of 374,488,924 vaccine doses have been administered so far nationally.

Rep. Alexandria Ocasio-Cortez Slaps Down Sen. Joe Manchin For Calling Her ‘Young Lady’

Rep. Alexandria Ocasio-Cortez (D-N.Y.) blasted Sen. Joe Manchin (D-W.Va.) for calling her “young lady” while scolding her about politics.

Last week, Ocasio-Cortez accused Manchin of opposing the Democrats’ $3.5 trillion infrastructure deal because of climate-crisis measures that would irritate his big energy donors. She claimed he holds “weekly huddles with Exxon” and gives lobbyists a “pen to write so-called ‘bipartisan’ fossil fuel bills.”

Manchin responded on CNN Sunday, saying Ocasio-Cortez’s accusation about Exxon meetings was false.

“I keep my door open for everybody,” he said. “It’s totally false.”

He then complained about Ocasio-Cortez.

“Continue to divide, divide, divide,” he said. “I don’t know the young lady that well. I really don’t. I’ve met her one time, I think, between sets here. But that’s it. So, we have not had any conversations. She is just speculating and saying things because she wants to.”

Ocasio-Cortez responded to Manchin’s comments on Twitter:

Others chimed in to blast Manchin’s patronizing comments:

On Monday night, Ocasio-Cortez became the talk of the Met Gala for wearing a white Brother Vellies gown with the words “TAX THE RICH” scrawled in red down the back.

Axsome Therapeutics Says FDA Accepts AXS-07 NDA For Acute Treatment Of Migraine – Quick Facts

Biopharmaceutical company Axsome Therapeutics, Inc. (AXSM) announced Tuesday that the U.S. Food and Drug Administration (FDA) has accepted for filing the Company’s New Drug Application (NDA) for AXS-07 for the acute treatment of migraine. It has set a Prescription Drug User Fee Act (PDUFA) target action date of April 30, 2022 for the NDA.

AXS-07 is a novel, oral, rapidly absorbed, multi-mechanistic investigational medicine for the acute treatment of migraine, consisting of MoSEIC meloxicam and rizatriptan.

The NDA is supported by results from two Phase 3 randomized, double-blind, controlled trials of AXS-07 in the acute treatment of migraine, the MOMENTUM and INTERCEPT trials, which demonstrated statistically significant elimination of migraine pain with AXS-07 compared to placebo and active controls.

How the Delta variant could actually help the economy

New York (CNN Business)Inflation took a breather in August, coming down from a 13-year high. Still, price increases remain uncomfortably high compared to before the pandemic.

Consumer prices rose 5.3% in the year ended in August, slightly less than the 5.4% increase in June and July, the Bureau of Labor Statistics said Tuesday. Stripping out more volatile items like food and energy, prices rose by 4%, also a smaller increase than in July.
For the month of August alone, consumer prices rose 0.3% adjusted for seasonal swings. It was the second straight month in which the inflation rate fell slightly. Without food and energy, prices rose 0.1% for the month, the smallest increase since February.

    Prices for airline tickets and car insurance declined in August. And used car prices in August declined for the first time since February.

      Over the past 12 months, used car prices are still up a whopping 31.9%. Demand for used cars has been sky-high throughout the pandemic as people sought alternatives to public transportation. Also hurting prices: new car production was hampered by a global chip shortage.

        Inflation remains well above the Federal Reserve’s target of around 2%. The Fed has signaled that it intends to wind down some of its emergency economic stimulus imposed last year when the pandemic began. That could keep inflation in check. But it also risks slowing the economy when the Delta variant appears to be hindering job growth.
        This is a developing story. It will be updated.

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