We could be entering the worst part of the pandemic..Bill Gates

 

In a series of tweets late Tuesday, Bill Gates says he plans to cancel most of his holiday plans and warned that that the United States “could be entering the worst part of the pandemic

Asserting that the Omicron variant is spreading faster than any virus in history, the billionaire and Microsoft co-founder said the big unknown remains how sick the Omicron variant can make you.

“We need to take it seriously until we know more about it. Even if it’s only half as severe as Delta, it will be the worst surge we have seen so far because it’s so infectious,” Gates said.

Gates also expects the wave to last three months in the United States. “Those few months could be bad, but I still believe if we take the right steps, the pandemic can be over in 2022,” Gates said. Covid-19 cases in the United States are rising: The country averaged more than 148,000 new cases a day over the last week, 23% higher than a week ago and back to levels last seen in mid-September, according to Johns Hopkins University data. More than 69,700 Covid-19 patients were in US hospitals on Wednesday — a number that’s been trending up since it dipped to around 45,000 on November 8, according to Health and Human Services Department data. The US averaged 1,324 Covid-19 deaths a day over the last week, 11% higher than a week prior, according to Johns Hopkins. Through the Bill & Melinda Gates foundation, Bill Gates has been trying to close the vaccine gap, noting that far fewer people in low-income countries have received a Covid-19 vaccines. He said in a CNN opinion story in October that the gap will get harder to close, because the world’s richer governments are buying up extra doses to serve as booster shots. “People are right to be upset about the inequity here,” Gates wrote. “Vaccines make Covid-19 a largely preventable disease — and a survivable one in all but the rarest cases — and it is heartbreaking to know that people are dying of a disease not because it can’t be stopped but because they live in a low-income country.” NN: I have made my position clear on all this. See today’s Radio Free Wall Street stream. Heed my warning!

‘Significant increase’ in protection vs Omicron from mRNA boosters, study says

COPENHAGEN (Reuters) – Getting a third dose of either Pfizer-BioNTech’s or Moderna’s COVID-19 vaccine offers a “significant increase” in protection against the Omicron variant in elderly people, according to a Danish study published on Wednesday.

The study, which is not yet peer-reviewed, investigated the effectiveness of COVID-19 vaccines that use so-called mRNA technology against the Delta variant and the new, more infectious Omicron variant.

“Our study contributes to emerging evidence that BNT162b2 (Pfizer-BioNTech) or mRNA-1273 (Moderna) primary vaccine protection against Omicron decreases quickly over time, with booster vaccination offering a significant increase in protection,” the authors wrote in the study.

The study was conducted by researchers at Denmark’s top infectious disease authority, Statens Serum Institut (SSI). It analysed data from three million Danes gathered between Nov. 20 and Dec. 12.

Among those who recently had their second vaccine dose, effectiveness against Omicron was measured at 55.2% for Pfizer-BioNTech and 36.7% for Moderna, compared to unvaccinated people.

But that protection quickly waned over the course of five months, the researchers said.

“We see that the protection is lower and decreases faster against Omicron than against the Delta variant after a primary vaccination course,” study author Palle Valentiner-Branth said.

However, a third dose of Pfizer-BioNTech’s vaccine restored protection to 54.6% in people aged 60 or more who had been inoculated 14 to 44 days earlier, compared to those with only two doses.

The study confirms the findings of a recent British study, which also showed a rapid decline in protection against Omicron over time and an increase following a booster with Pfizer-BioNTech’s vaccine.

“In light of the exponential rise in Omicron cases, these findings highlight the need for massive rollout of vaccinations and booster vaccinations,” the researchers said.

Fourth COVID-19 shot needed, says German health minister

BERLIN, Dec 22 (Reuters) – German Health Minister Karl Lauterbach said on Wednesday that a fourth vaccination will be necessary in the fight against the coronavirus pandemic due to the more contagious Omicron variant. He said that Germany has ordered 80 million doses of a vaccine made by Biontech specifically targeting Omicron and should arrive in April or May. Germany has also ordered four million doses of the newly approved vaccine Novavax – seen as more acceptable to vaccine sceptics – and 11 million doses of the new Valneva shot, which is waiting for marketing authorisation, Lauterbach said. The Novavax shots will arrive in the country in January, Lauterbach told a news conference. “An offensive booster campaign is our most important building block in the fight against Omicron,” the health minister said. Lauterbach threw his support behind a general vaccine mandate, saying that without one, it would not be possible to manage coming waves of infection over the long term. According to Lothar Wieler, president of Germany’s Robert Koch Institute (RKI) for infectious diseases, Omicron will be responsible for most coronavirus infections in Germany within three weeks. “Christmas should not become the spark that starts the Omicron blaze,” RKI chief Lothar Wieler told the same news conference, adding people should limit contacts to an absolute minimum. (Reporting by Zuzanna Szymanska and Miranda Murray Editing by Madeline Chambers.NN: I find it interesting 70% of the US eligible population has not gotten vaccinated at all or they have not gotten their 3rd shot. Meanwhile i am preparing to get my 4th. What is the problem here? I got my first  two shots In January. My booster 6 months later in June. My 3rd booster in the beginning of September. And i expect to get my 4th in January. So we are on a 4 to 6 month schedule.  The science shows a 4 to 6 month booster program. I can do this and you should to.

Weak winds worsened Europe’s power crunch; utilities need better storage

OSLO/COPENHAGEN (Reuters) – Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened a crunch that sent power prices to record highs as utilities had to buy more coal and scarce, costly, natural gas. The situation illustrated a challenge facing the European Union as it tries to boost renewable power and meet its climate targets: Power prices can soar when the wind dies down, so generators need ways to store some of the excess power when winds are strong.

“If we had high winds or just reasonable winds over that period, we wouldn’t have seen these price spikes,” said Rory McCarthy, principal analyst at Wood Mackenzie.

Less wind power increased demand at thermal power plants, but tight natural gas supplies raised their costs. The worldwide spike in gas prices drove up energy bills for businesses and consumers. Some heavy industry had to cut supplies and some power suppliers went out of business.Europe’s largest wind producers Britain, Germany and Denmark harnessed just 14% of installed capacity, in the third quarter, when gas prices hit record highs, compared with an average of 20-26% seen in previous years, according to Refinitiv data.  In Germany, Europe’s largest economy with the continent’s highest wind power capacity, combined output from both on and offshore wind farms fell around 16% this year-to-date, Bruno Burger, an analyst at Germany’s Fraunhofer Institute, told Reuters. (Graphic: Full Load Hours German Wind Turbines,  Wind power generation has low operating costs, offering cheaper wholesale power than thermal plants that must pay for fuel, along with costs associated with carbon emissions. This makes wholesale electricity prices lower at times of high wind, leading to lower consumer bills. Weaker wind periods, which are not uncommon, cause prices to rise and more thermal plants are needed. Anna Borg, chief executive of Swedish utility Vattenfall sees two lessons. First, “the market will be more volatile going forward and that the market needs to adapt to that,” she told Reuters. Also, “there is an evident need and also a value in flexibility services and storage. … I think we are only at the beginning of the development of that kind of business model.” Utilities across Europe are starting to invest in storage systems including large batteries or smart charging solutions for electric cars. Several countries are also seeking to reward flexible consumer behaviour such as industrial customers curbing demand at certain hours. Better matching supply and demand can help maintain grid stability. Europe currently invests 40 billion euros a year on power grids, according to lobby group WindEurope which estimates that annual investments need to double over the next thirty years to 66-80 billion euros a year. Both the European Commission and International Energy Agency (IEA) said recent record energy prices should not slow the effort to meet climate targets under the Paris agreement by moving away from fossil fuels. Instead, governments should help boost capacity of wind and other renewable power sources, ensuring more overall output and avoiding the need for reliance on fossil fuels as backup. “The more renewable energy we can build, the more electricity will come from those sources and the less coal and gas is needed for electricity production,” Christian Rynning-Toennesen, head of Norwegian utility Statkraft, told Reuters. “So we think the trend (for renewable energy growth) will continue and be strengthened by these electricity prices, rather than slowed down,” he said.

But some believe the energy transition may already be getting ahead of itself. Sindre Knutsson, vice president markets at consultancy Rystad Energy told Reuters Europe is turning away from fossil fuels too quickly.

Knutsson noted that more coal-fired plants capable of stable power generation are being decommissioned together with nuclear. “It’s no secret that we will use renewables to generate electricity in the future. But at the moment, we’re still relying on fossil fuels,” he said. Low or zero-emissions back-up capacity for periods of low wind or solar supply such as batteries, hydrogen or carbon capture and storage are still more than a decade away from being available at scale, agreed Matthew Jones, lead analyst for EU Power at ICIS. “So for the moment thermal capacity is required,” he told Reuters. Earnings at several European wind power generators were hit by this year’s wind lulls, but the companies remain committed to increasing capacity. The world’s biggest developer of offshore wind farms, Orsted said the lower wind speeds had a negative 2.5 billion crowns ($379.20 million) impact for the first nine months of the year compared to 2020. Germany’s RWE said weaker winds caused profits at its wind and solar units to fall by 38% in the first nine months of the year. There was nothing to suggest that climate change itself played a role in the lower wind speeds, companies in the sector said. “We follow it on a daily basis, but we see nothing which indicate that there is a long-term change coming,” Orsted’s head of Continental Europe, Rasmus Errboe, told Reuters. Statkraft also regularly measures wind speeds and conditions but had not seen any extraordinary adjustments to its data, according to its CEO. “To my knowledge, there’s not any pattern that we can see,” Rynning-Toennesen said. More renewables will make prices more volatile in the short to mid term, as weather will largely dictate prices, the heads of two power trading firms agreed. “It will become common for the electricity market in Europe to have a very high degree of volatility because that will just be the nature of the assets that we are bringing online and the nature of the assets that we are taking offline,” said chief executive at trading firm InCommodities, Jesper Johanson. Power traders, who typically profit from gyrating conditions, say the market can handle the higher volatility, and price spikes provide investors with an incentive to fund back-up solutions. “In order to get commercial investments going into different kind of storage, like batteries, the market needs to give that price signal. There needs to be volatility and the stronger that price signal is, the more investments we will see,” Johanson added. (Graphic: Next-Day Power Prices.  High prices should favour construction of more renewable energy, agreed Anders Bauditz, chief executive of trading firm Norlys Energy Trading. “Hopefully, the politicians have seen these price extremes over the last few months and will do the tally and then realize that probably we need to push for even more green energy and then figure out how we solve the problem with the intermittency,” he told Reuters. NN: We have had extreme climate change on earth long before a few million humans discovered fire. Yes their is climate change. Their always has been. I am not so sure its driven by human activities. But lets not quibble. It benefits man kind to stop burning wood and coal and heavy oil from a pollution stand point. I would not be to quick to abandoned nuclear and nature gas while we wait for the technology to develop

Omicron milder than Delta in UK – report…… Another study finds Omicron MAY NOT be milder than Delta: UK Study

he Omicron coronavirus variant seems to be causing milder COVID-19 symptoms compared to the Delta strain, according to conclusions set to be published by British government scientists. People living in the United Kingdom are less likely to become ill, Politico reported on Wednesday citing the study, noting high vaccination percentage as one of the main reasons driving high protection against COVID-19. Furthermore, the research is set to show that people who have been vaccinated with a booster dose have a significantly reduced chance of ending up in a hospital due to COVID-19. The report comes as the UK registers more than 90,000 new infections a day over the past week – the highest number since the start of the pandemic.

Omicron may not be milder than Delta: UK Study
A recently published study conducted by the Imperial College in London. Link below:

https://english.madhyamam.com/india/omicron-may-not-milder-delta-study-897286

has raised doubts surrounding the speculation that the Omicron variant.  may be milder than its predecessor,  Delta. According to researchers, there is no evidence (as of yet) that Omicron is less severe or lethal than Delta and that it is difficult to compare two strains of the same virus. Two doses of AstraZeneca or Pfizer vaccines only afforded 20% protection against the highly mutated strain, the non-peer reviewed study concluded. This was in line with natural immunity;
a third dose however increased protection up to 55-80% in symptomatic cases making booster doses of the vaccine an important factor in combating the virus

“Risk of reinfection with the Omicron variant is 5.4 times greater than that of the Delta variant. This implies that the protection against reinfection by Omicron afforded by past infection may be as low as 19%,” the Imperial College said in a statement. Such This level of immune evasion means that Omicron poses a major, imminent threat to public health, British epidemiologist Professor Neil Ferguson was quoted as saying. The Imperial College London team analyzed all the PCR tests of confirmed Covid cases in England between November 29 and December 11, making it one of the most expansive examinations yet on Omicron’s potential to evade the body’s defences. The study looked at growth, population distribution and immune escape of the variant in England. The results were based on the proportion of people testing positive who had symptoms or went to the hospital. Just how severe Omicron cases will be remains unclear, adding it is too soon to say how hospitalisations will play out in the UK.

The statement from the Imperial College quoted Professor Azra Ghani from Imperial College London, who said that more data was required to model the virus’ trajectory to aid healthcare system. “Quantifying reinfection risk and vaccine effectiveness against Omicron is essential for modelling the likely future trajectory of the Omicron wave and the potential impact of vaccination and other public health interventions,” said Professor Ghani. NN: Reality is we just do not really know much about this new monster. I urge you to error on the side of caution till we know more/

Oil Prices Rise As API Confirms Crude Inventory Draw

This week, the American Petroleum Institute (API) estimated the inventory draw for crude oil to be 3.670 million barrels. U.S. crude inventories have shed some 65 million barrels since the beginning of the year. In the previous week, the API reported a draw in oil inventories of 815,000 barrels, compared to the 2.60-million-barrel draw that analysts had predicted. At the start of the day at 7:30 a.m. EST WTI had risen by more than 1% to $69.73, but was still $1 per barrel week on week. Brent was also trading up by more than 1% at $72.56—also $1 under last week’s levels.  Oil prices were trading up by more than 3% on Tuesday in the run-up to the data release, after a brutal Monday that saw prices dip as much as 5% on fresh Omicron fears.

U.S. oil production has been on a slow but steady climb.  For the week ending December 10—the last week for which the Energy Information Administration has provided data—crude oil production in the United States came in at 11.7 million bpd for the second week in a row—an increase of 700,000 bpd since the start of the year. The API reported a build in gasoline inventories of 3.701 million barrels for the week ending December 17—after the previous week’s 426,000-barrel build. Distillate stocks saw a decrease in inventory of 849,000 barrels for the week, after last week’s 1.016-million-barrel decrease. Cushing saw a 1.272 million-barrel increase this week.

Biden plan to spur 200 million-500mln COVID tests to market -Fauci

WASHINGTON (Reuters) – The Biden administration’s use of the Defense Production Act should help get 200 million to 500 million COVID-19 tests to market, Dr. Anthony Fauci told MSNBC in an interview on Tuesday. The nation’s top infections disease official, speaking before President Joe Biden’s unveils his latest plan to combat COVID-19 amid the Omicron variant, also said officials were weighing a shorter recommended quarantine period for healthcare workers. NN: As you know we have been urging and providing test kits for over 6 months. It is a outrage that finnaly those berecratic picks are getting around to home testing. Its a clown show

Wall Street kicks off higher, Dow soars 350 pts

Major stock markets in the United States opened deep in the green territory following the news that President Joe Biden and Senator Joe Manchin continued discussions on approving the Build Back Better economic plan. During the premarket’s session, the White House announced it will provide half a million COVID-19 at-home tests for free starting from next year to curb the spread of the Omicron variant. The Dow Jones climbed 0.98% or 344 points at the opening bell, with Nike advancing 7.66%. The Nasdaq 100 surged 1.08% or 170 points, as Micron Technology gained 8.79%. The S&P 500 gained 0.85%. The euro stood flat versus the dollar at 9:35 am ET to sell for 1.12765. NN: As we spoke about yesterday in Market News and Commentary this rally is not over. Until the Fed stops buying everything in sight and they raise rates this rally still has legs. More money will be lost by the most people ever when Judgement day arrives. Once again why you see why i want to keep our powder dry. Soon we are going to have our biggest party ever.

UK’s Johnson to say in 48 hours whether more COVID rules needed….. Europe weighs Omicron curbs as Biden turns to military medics

Prime Minister Boris Johnson is expected to make an announcement in the next 48 hours on whether to impose “circuit-breaker” restrictions in England to stem the spread of the Omicron variant of coronavirus, The Sun newspaper reported on Tuesday. It said Johnson is considering a return to “Step 2” curbs that would limit pubs and restaurants to outdoor service only and ban indoor mixing between households.
Europe weighs Omicron curbs as Biden turns to military medics
  • German scientists urge maximum curbs at once

* U.S. calling in military doctors to support hospitals

* NZ border reopening pushed to late February

* Restrictions reimposed in South Korea, Germany, Ireland

* Australian PM pleas for an end to lockdowns

LONDON, Dec 21 (Reuters) – Countries across Europe considered new curbs on movement on Tuesday as U.S. President Joe Biden called on military medics to support hospitals and fight the Omicron variant that has swept the world days before the second Christmas of the pandemic. Omicron infections are multiplying across Europe, the United States and Asia, including in Japan, where a single cluster https://www.reuters.com/world/coronavirus-cluster-linked-us-base-japan-grows-least-180-2021-12-20 of COVID-19 cases at a military base has grown to at least 180. Biden https struck a dire tone about the risks to the one in four American adults who remain unvaccinated. He will lay out new initiatives on testing on Tuesday, a senior administration official said. The measures include activating some 1,000 military medical personnel to support hospitals that are already being overwhelmed. Germany, Scotland, Ireland, the Netherlands and South Korea are among countries to have reimposed partial or full lockdowns or other social distancing measures in recent days. Nicola Sturgeon, first minister of Scotland – part of the United Kingdom but with devolved responsibilities for health – set out plans for further restrictions on big public events, including sports fixtures, for three weeks after Christmas. “It will also mean unfortunately that large scale Hogmanay celebrations, including that planned here in our capital city (Edinburgh), will not proceed,” she said, refering to traditional Scottish New Year parties. New Zealand COVID-19 Response Minister Chris Hipkins said his country, which imposed some of the world’s toughest COVID-19 measures, was delaying the start of a staggered reopening of its border until the end of February. “All of the evidence so far points to Omicron being the most transmissible COVID-19 variant yet,” he said. Germany’s Robert Koch Institute for infectious diseases on Tuesday recommended that “maximum contact restrictions” be imposed at once. Federal and state leaders were due to meet later in the day to decide on new measures, which were likely to include contact restrictions even for the vaccinated and those who have recovered from an infection, but a nationwide lockdown seemed to be off the cards. British Prime Minister Boris Johnson said on Monday he was looking at all kinds of measures to keep Omicron under control. Finance minister Rishi Sunak announced 1 billion pounds ($1.3 billion) of extra support for businesses hit hardest by Omicron, which is hammering the hospitality sector and other businesses. Sweden will urge all employees to work from home if possible and impose tighter rules for social distancing. “We must now take joint responsibility and we need adapt to the new reality,” Prime Minister Magdalena Andersson told a news conference. “I understand that many are tired of this – so am I – but we now have a new virus variant, which means we are in a new situation.” In neighbouring Denmark, Omicron is now the predominant variant, Health Minister Magnus Heunicke said. Many countries in the West are pinning their hopes on third, booster vaccine shots to keep the new variant at bay amid reports that two shots may not be enough. The European Union’s drug regulator said early data shows a booster dose helps restore some protection against Omicron, although there is no evidence yet that tweaks to existing shots will be necessary. Omicron has hit financial markets hard in recent days, raising investor fears for the global economic recovery as the pandemic cuts travel and seizes up supply chains. But world shares gained on Tuesday, with the dollar softening as appetite for riskier assets made a cautious return. The broader Euro STOXX 600 rose 1.3%. Germany’s DAX’s added 1.27%, with London’s FTSE climbing 0.99%. In Australia, where Omicron cases have surged but hospitalisations remain relatively low, Prime Minister Scott Morrison urged state and territory leaders to avoid further lockdowns. “We’re not going back to lockdowns. We’re going forward to live with this virus with common sense and responsibility,” he said. In the United States, the Biden administration said it would open federal COVID-19 testing sites in New York this week and buy 500 million at-home rapid tests that Americans can order online for free. Omicron now accounts for 73% of all new cases in the United States, up from less than 1% at the beginning of the month. The variant was first detected last month in southern Africa and Hong Kong and so far has been reported in at least 89 countries. The severity of illness it causes remains unclear, but the World Health Organization warned it is spreading faster spreading than the Delta variant and is causing infections in people already vaccinated or who have recovered from the COVID-19 disease. More than 274 million people have been reported to be infected by the coronavirus globally https://tmsnrt.rs/2FThSv7 since the pandemic began nearly two years ago. More than 5.65 million people have died.

NHL to pause season over COVID

The coronavirus pandemic still poses a threat, and will continue to do so, but the medical field and infectious disease experts have learned plenty about the virus and its spread. Tools such as safe vaccines and masking options offer individual protection. That means sports leagues will not shut down like they did 20 months ago. But with each passing day, it seems another sport or league is once again being affected by this pandemic, with postponements and infections. For example, 51 NFL players went on the COVID-19 reserve list Monday, including Kansas City Chiefs star Travis Kelce.

NFL: Chiefs’ Travis Kelce among 51 NFL players placed on COVID-19 list on Monday

NBA: With more than 90 players in COVID protocols, here’s what the league plans to do about it

Due to the rising number of positive COVID-19 cases throughout the league, the NHL and NHL Players’ Association agreed to start their Christmas break early.

The NHL plans to pause its season on Wednesday, two days before the originally scheduled holiday break from Dec. 24-26, the league confirmed Monday night.

Monday night’s game between the Dallas Stars and Minnesota Wild was played as scheduled, but the other four games on the docket had been postponed. Two games remain on Tuesday’s schedule — Washington Capitals at Philadelphia Flyers (7 p.m. ET) and Tampa Bay Lightning at Vegas Golden Knights (10 p.m. ET) — and both are still a go, pending any additional positive tests.

There were originally 10 games slated for Tuesday, but some games between Canadian and American teams were already postponed because all cross-border games were put on pause.

The NHL and NHLPA agreed to postpone the five games that had remained on Thursday’s schedule during consultations Monday night. Players are set to report back to team facilities on Dec. 26 and resume daily testing. The NHL schedule is set to resume on Dec. 27.

Earlier Monday, the Columbus Blue Jackets were shut down because of a rising number of cases, and a pair of Tuesday games — New Jersey Devils at Pittsburgh Penguins and Arizona Coyotes at Seattle Kraken — were also called off because of COVID issues on the Devils and Kraken.

NHL: League, players will make decision soon on whether to pull out of Olympics

The Louisville men’s basketball game Wednesday at Kentucky is postponed, and the Cardinals have paused basketball activities because of “multiple positive COVID-19 tests within the program,” the school announced Monday.  Louisville is coming off an 82-72 loss at Western Kentucky in which it played without starting center Malik Williams, who was absent from the team. Though Louisville did not name Williams, a spokesman said a player was not with the team due to COVID-19 protocols.

USA Hockey announced Monday that an exhibition between the U.S. women’s hockey team and Canada has been canceled due to “concerns around COVID-19.”  The series, which Canada currently leads 4-2, was scheduled to pick back up in Canada after the new year.

Rafael Nadal said Monday he tested positive for COVID-19 after returning to Spain from an exhibition tournament in Abu Dhabi last weekend.

The timing of the positive test potentially complicates Nadal’s plans for the Australian Open, which begins on Jan. 17. Nadal, 35, has played very little competitive tennis since last year’s French Open because of various injuries and was attempting to ramp back up in time for the first Grand Slam event of the season.

According to multiple reports, NBA teams can sign one replacement player for each player that tests positive for the virus between now and Jan. 19. Organizations will be required to sign at least one replacement player in the event of two positive players.  Lineups across the league were decimated by roster restrictions over the weekend.

Following a weekend of NBA stars testing positive for the virus, Golden State Warriors guard Andrew Wiggins – who received the COVID-19 vaccine after expressing much hesitancy – entered the health and safety protocols.

Browns quarterback Baker Mayfield didn’t clear protocol and will miss Monday night’s game against the Raiders. Nick Mullens will get the start.

But Bears defensive coordinator Sean Desai was cleared and he will be available on Monday against the Vikings.

Two games will be played on Tuesday at 7 p.m. ET: Washington vs. Philadelphia and Seattle vs. Los Angeles Rams.  Washington said six coaches and a coaching intern would not be available for the game against the Eagles.