COVID-19

    • Kosovo, Albania and part of Serbia postpone school openings due to coronavirus

      Kosovo, Albania and part of Serbia postpone school openings due to coronavirus

      Kosovo on Tuesday postponed the beginning of the school year for students up through high school by two weeks following a surge of coronavirus infections due to the delta variant, and new precautions were taken in other Western Balkan countries like Albania and Serbia, news wires reported. Perparim Kryeziu, the spokesman for the Kosovo government, told the Associated Press that “we have put up some new restrictive measures,” which include postponing classes until Sept. 13, imposing a 10 p.m.-5 a.m. nightly curfew, having restaurants and bars only operate outside and mandatory mask-wearing both indoors and outside.

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    • Covid-19 stifles gold, diamonds, luxury goods supply

      Covid-19 stifles gold, diamonds, luxury goods supply

      The global Covid-19 pandemic triggered an economic crisis that was unknown to humanity. Besides supply and demand, all markets had to figure the unfamiliar lockdown factor. Investors and even common individuals searched for the known safe heavens in the face of the crisis. But rules had changed. Supply was no longer tied to demand, expensive was no longer valuable and valuable was not at all vital.

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    • EU removes US from 'safe travel' list

      EU removes US from 'safe travel' list

      The European Union recommended on Monday that its 27 nations reinstate restrictions on tourists from the US because of rising coronavirus infections there, news wires reported. The guidance is nonbinding, however, the EU has no unified Covid-19 tourism policy and national EU governments have the authority to decide whether they keep their borders open to US tourists, AP noted. Possible restrictions could include quarantines, further testing requirements upon arrival or even a total ban on all nonessential travel from the US.

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    • AstraZeneca's antibody therapy blocks Covid-19

      AstraZeneca's antibody therapy blocks Covid-19

      The pharmaceutical conglomerate AstraZeneca announced that its antibody therapy met the main goal of preventing Covid-19 disease in a late-stage study, Reuters reported. The announcement is putting the British company in position to offer an alternative cure to vaccines for people with weakened immune systems.

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    • Romania adds US, Turkey to its Covid-19 travel red list

      Romania adds US, Turkey to its Covid-19 travel red list

      Romania's National Committee for Emergency Situations (CNSU) updated on 12 August the lists labeling the countries’ epidemiological risk. The updated Red List now includes Israel, Montenegro, Turkey, United States, Puerto Rico, and Morocco, among others, Romania-Insider.com reported. Netherlands, Malta, Kuwait, and Panama were moved to the Yellow List, alongside Estonia, Lithuania, Mexico, Finland, and others. Luxembourg and Oman are now on the Green List.

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    • New Covid-19 wave cripples Airbnb business

      New Covid-19 wave cripples Airbnb business

      The popular platform for short time rentals Airbnb announced that the rising new wave of Covid-19 infections worldwide seriously affects its business and the prospects for recovery seem to fade away. The new Delta variant of the virus and the slowing vaccination in US and other developed countries are the main factors behind the negative expectations, Reuters reported.

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    • US budget deficit spikes to $2.54tn

      US budget deficit spikes to $2.54tn

      The United States budget deficit surged to 2.54 trillion dollars for the first 10 months of the fiscal year. The budget gap was mainly due to spending over the government stimulus programmes aimed to offset the impact of the Covid-19 recession over the country's economy, AP reported. The US Treasury Department announced that the deficit through July is 9.5% lower than the same period a year ago.

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    • US considers to reopen for fully vaccinated foreigners

      US considers to reopen for fully vaccinated foreigners

      The United States, which closed its borders to much of the world as the pandemic took hold, plans eventually to begin allowing fully vaccinated foreigners back in, a White House official said Wednesday, cited by AFP. President Joe Biden's administration, recognising the importance of international travel, wants to reopen to visitors from abroad in a "safe and sustainable manner," the official said.

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