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By Staff Reporters
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- Markets: Wednesday’s surge was brief as stocks sank yet again following failed peace talks between Russian and Ukrainian officials. RIVIAN investors lost about $117 billion in market capitalization in the last four months due to concerns around its production capabilities.
- Government: The Senate approved a $1.5 trillion spending bill that will fund the government for the current fiscal year and provide $13.6 billion in aid for Ukraine.
- WHO: In the US…March 25th, the day Hawaii—the only remaining state with an indoor mask mandate—lifts its mask requirements and April 18th, when the CDC’s loosened guidance for mask mandates on public transportation is expected to take effect. These moves would mean virtually all Covid restrictions would be lifted, marking the unofficial end of the pandemic in the states. Globally…the WHO has been meeting every three months to decide whether or not to continue calling Covid a “pandemic.” The group is expected to keep the label through April—and most likely June as well—and with it, a number of programs that directly help low-income countries. But if the WHO removes the label, then projects like Covax to help vaccinate low-income nations and pledges from drug companies to leave patents off Covid drugs could disappear. And, Harvard epidemiologist Caroline Buckee told Science that the ultimate decision to end the pandemic would come down to “an opinion-based consensus” from within the the WHO.
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Filed under: Alerts Sign-Up, Investing, LifeStyle, Op-Editorials, Quality Initiatives | Tagged: Caroline Buckee, CDC, corona, Covax, covid, DJIA, endemic, NASDAQ, pandemic, RIVIAN, Russia, S&P, Ukrauine, WHO | Leave a comment »