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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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The Pentagon said Iran War costs $29 billion,but the real cost is closer to $200 billion—and counting

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Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Health

New Omicron variants are so infectious that South Africa had a 5th wave even though 97% had antibody protection

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Antony Sguazzin
Antony Sguazzin
and
Bloomberg
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By
Antony Sguazzin
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Bloomberg
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May 30, 2022, 6:11 AM ET
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South Africa experienced a fifth wave of COVID-19 infections despite 97% of the population having antibodies due to previous infections or vaccination, the results of a blood survey show.

Examination of 3,395 samples from blood donors earlier this year, at the tail end of the fourth wave of infections, showed that 87% of South Africans had previously been infected with the virus, while just over 97% had either had a previous infection or a vaccination or both. The study was lead by Stellenbosch University’s DST-NRF Centre of Excellence in Epidemiological Modeling and Analysis and the South African National Blood Service.

The findings demonstrate the ability of the Omicron variant, especially its BA.4 and BA.5 sublineages, to infect those who already have protection against the disease. Still, despite the proportion of positive tests nearing a record daily cases as the latest surge peaked, hospitalizations were well below previous waves and relatively few deaths were recorded. 

“The infectious pressure of the omicron variant was extraordinarily high, to have produced such a significant bump in prevalence at this relatively mature stage of the epidemic,” the researchers said. “It is hardly possible to imagine much higher prevalence values.”

With more than 100,000 deaths officially recorded, and more than three times that number if excess mortality data is used, South Africa has been the nation hardest hit by the coronavirus in Africa. Excess death data measures mortality against a historical average. 

Both the original omicron variant and the BA.4 and BA.5 sublineages were identified first in Southern Africa. The country has vaccinated half of its 40 million adults. 

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