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Sunday, October 2, 2022

Latest COVID variant sparks International alarm – Stock Markets and Crypto crashed

The latest COVID variant originated from South Africa. The B.1.1.529 variant has at least 32 spike protein mutations, whereas the delta variant has two and the beta variant has three protein mutations.

Scientists discover a ‘mind-blowing’ link between gut health and age reversal

The notification by NCOC Pakistan said that travel had been restricted from six southern African countries, namely South Africa, Lesotho, Eswatini, Mozambique, Botswana, Namibia and Hong Kong.


South African scientists stated on Thursday that the latest COVID variation, B.1.1.529, contains several changes that could help it dodge the body’s immune response and become more transmissible. The B.1.1.529 variant has at least 32 spike protein mutations, whereas the delta variant has two and the beta variant has three.

Younger people appear to be contracting and spreading the newly discovered version, but scientists say the next few weeks will be crucial in assessing how serious the variant is.

The new COVID-19 variant discovered in South Africa will be discussed at the World Health Organization. Several countries have suspended and limited flights from the region because to concerns about the variation. 

BioNTech/Pfizer will need two weeks to analyze the impact of the new version.
BioNTech, a German pharmaceutical company, said on Friday that it will take no more than two weeks to see how effectively their coronavirus vaccine works against the new type.

The World Health Organization recommends a risk-based, scientific approach to travel restrictions. The World Health Organization has warned against imposing new travel restrictions too quickly in response to the B.1.1.529 variant’s development, instead recommending a “risk-based and scientific approach.”

The new variant have raised uncertainty in the business markets. Stock markets all over the world have dipped drastically while crypto market have also lost a a lot. Bitcoin the biggest crypto currency dropped it value by 7.8 per cent which was followed by other smaller crypto coins.

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