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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
HealthCOVID-19 vaccines

COVID infections are rising again as the Omicron variant emerges in nearly 20 countries

By
Erika Fry
Erika Fry
and
Nicolas Rapp
Nicolas Rapp
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By
Erika Fry
Erika Fry
and
Nicolas Rapp
Nicolas Rapp
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November 30, 2021, 3:53 PM ET
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With the recent emergence of the Omicron variant sparking fresh fears of COVID around the world, and the scientific community racing to understand the implications of the new highly-mutated coronavirus strain, there’s new urgency in the numbers—vaccination rates and daily new infections—that reflect the status of the global pandemic.

With cases due to the Omicron variant being detected in a growing number of countries—nearly 20 so far—the picture gives cause for some concern. As of Nov. 29, around 572,000 new COVID cases are reported per day around the globe, up 14% over the level two weeks ago according to New York Times data. 

While Europe, several weeks into its “fourth wave,” remains a virus hotspot, along with Russia and the U.S., new cases have increased strikingly in South Africa, the country where the Omicron variant was first identified, up 432% over the level two weeks ago. (South Africa is still reporting far fewer cases per capita than the U.S., countries in Europe, and Australia). In the same period new cases have also increased significantly in France (175%), Spain (112%), and Portugal (107%). New cases reported daily in the U.S. over the past two weeks have risen 10%.

Meanwhile, vaccination rates remain far off-target around the globe. A number of African countries that struggled to access vaccines for much of the pandemic, are especially vulnerable when it comes to the emergence of Omicron, which the WHO last week quickly labelled a “variant of concern.” While vaccination rates vary across the continent, overall just 7.2% of Africa’s population has been fully vaccinated against COVID according to Our World in Data, which collects information from local governments.

Globally, roughly 43% of the world’s population has been fully vaccinated; in high-income countries, the rate is 68%. Currently, roughly 58% of both Europe and the U.S.’s populations have been fully vaccinated.

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Erika Fry
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Nicolas Rapp is the former information graphics director at Fortune.

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