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https://timesofindia.indiatimes.com/world/rest-of-world/south-african-medical-association-says-omicron-variant-causes-mild-disease/articleshow/87949404.cms

Extremely unlikely to contribute to a new wave of infections in the UK

https://www.independent.co.uk/news/uk/politics/omicron-covid-variant-vaccines-pollard-b1965208.html

All depends on vaccine efficacy not how far it’s spread….

A key factor is vaccination. The new variant appears to be spreading most quickly among those who are unvaccinated. Currently, only about 40% of adult South Africans are vaccinated, and the number is much lower among those in the 20-40 age group.

“We’re seeing a marked change in the demographic profile of patients with Covid-19,” Rudo Mathivha, head of the intensive care unit at Soweto’s Baragwanath Hospital, told an online press briefing.

“Young people, in their 20s to just over their late 30s, are coming in with moderate to severe disease, some needing intensive care. About 65% are not vaccinated and most of the rest are only half-vaccinated,” she said.

Shows vaccinations still seem to prevent severe disease?

WHO or SA Health Ministry dont seem to think its a doomsday scenario at all and numbers still pretty low. I hope this is all just one massive overreaction....

Phaala said preliminary studies suggest the variant may be more transmissible due to is genetic composition but noted that vaccines are still effective in preventing severe Covid-19 from the variant.

Starting to show positive signs against severe disease.

https://www.siasat.com/covid-vax-may-be-effective-against-new-omicron-variant-s-africa-2231678/

Fugazi1, youre switching to being a ramper, no 100p cometh anymore? You must be invested like the rest of us!?

Dr. Michael Ryan, the head of emergencies at the WHO, said: "We’ve seen in the past, the minute there’s any kind of mention of any kind of variation and everyone is closing borders and restricting travel. It’s really important that we remain open, and stay focused."

The whole industry is being whacked by this news, dont think they will all go bust or the price drop down to £1, there are planes in the sky and business class seats selling to the US for £9k. Results will swing this SP back and hopefully the containment of this new variant which will vaccines will stand up against and be able to prevent severe illness.

November 2020 SP, vaccinations in arms, travel is back, US is open, we know nothing about this new variant. Its just insane.....

News breaking that vaccinations reduce the impact of the new variant, South African Minister for Public Enterprises.

Up +6% from this mornings lows already...

What a great opportunity to buy this morning, its going to ping pong around today, US will come in and clean up...

BB get fcuked, you're a complete faker and liar, no one gives a rats about your KFC.

I can see this ending today between -5% and -7%, way too much panic selling....

Gone way to far down to sell, its a long term play, gonna get burnt now if I sell...

air france down -8%.....

Wow, big drops, I might have to come back to this next year at this rate....