Vice.com : COVID Herd Immunity in the US Is Never Going to Happen Now

COVID Herd Immunity in the US Is Never Going to Happen Now

Public health experts in the U.S. now believe that despite a massive scaling up of COVID-19 vaccinations, the coronavirus likely won’t be eradicated anytime soon—and ongoing vaccine hesitancy is a major factor.

Experts now believe to achieve herd immunity—or enough of the population being protected from the virus, either through vaccination or infections, that the virus dies out—around 80 percent of people will need to be vaccinated, the New York Times reported Monday. This is up from earlier estimates as low as 60 percent, because COVID-19 has proven capable of mutating into more transmissible variants.

But that’s 80 percent of the total population, not just adults, and none of the vaccines granted emergency authorization have been approved for children yet. And more worryingly, polls over the past few months have shown that anywhere from 20 percent to a quarter to nearly a third of Americans have said they won’t get the vaccine.

This makes it much more likely that the virus will continue to be a threat in the coming years, experts told the Times, though they hope it’ll be a much more controllable one.

Much of the reluctance to vaccines has been drawn along political lines, after the GOP spent much of the last year downplaying the virus. Despite pleas from prominent Republicans including former President Donald Trump, whose administration oversaw the approval and distribution of the first vaccines, as many as 35 percent of Republican men said in a recent Kaiser poll that they wouldn’t receive the vaccine.

As vaccinations have increased, Republican governors have ended most remaining COVID restrictions, some of them doing so while simultaneously denouncing “vaccine passports” that might help prevent superspreader events. And conservative politicians and media figures such as Wisconsin Sen. Ron Johnson and Fox News host Tucker Carlson have gone as far as to criticize the effort to get people vaccinated itself.

“If you’ve gotten the vaccine, why is other peoples’ refusal to get the vaccine a problem for you?” Carlson said during a segment last week. “If the vaccine is so effective, why are the people who choose to get it mad at the people who choose not to get it?”

“Do people who’ve slimmed down from gastric bypass yell at fat people on the street?” added Carlson, who either doesn’t understand what an infectious disease is or pretended he doesn’t for the millions who watch his show every night. “You wouldn’t think so. It’s not really their business.”

Complicating matters for herd immunity efforts is the size of the U.S. and variations in infection rates and variants from state to state, and even within local communities.

“If the coverage is 95 percent in the United States as a whole, but 70 percent in some small town, the virus doesn’t care,” Harvard epidemiologist Marc Lipsitch told the New York Times. “It will make its way around the small town.”

Dr. Anthony Fauci, the White House’s chief medical adviser and a prominent public face of the federal government’s effort to fight the coronavirus since January 2020, told the New York Times that people shouldn’t think about herd immunity as the only way to mitigate the virus.

“People were getting confused and thinking you’re never going to get the infections down until you reach this mystical level of herd immunity, whatever that number is,” he told the New York Times. “That’s why we stopped using herd immunity in the classic sense.”

“I’m saying: Forget that for a second. You vaccinate enough people, the infections are going to go down,” Fauci said.

And infections have gone down in recent weeks, to numbers not seen since last October. As of Sunday, the average number of cases over the past week has dipped below 50,000, according to the New York Times—down from the peak of more than 300,000 cases on January 8 during the post-holiday surge.

On Sunday, Los Angeles County—by far the most populous in the nation—reported zero COVID deaths, with the caveat that there are reporting delays during the weekend. During the post-holiday surge, the county averaged as many as 241 deaths per day.

The progress comes as more than 246 million shots have been given and nearly a third of all U.S. adults have been fully vaccinated, according to the Centers for Disease Control and Prevention. But more recently vaccination rates have been slipping from a peak of more than 3 million doses given per day to around 2.4 million doses per day, according to the New York Times vaccine rollout database.

And while herd immunity might not be a reality anytime soon, or ever, experts still maintain vaccination is the best way to protect yourself and others. “The virus is unlikely to go away,” Emory University evolutionary biologist Rustom Antia told the Times. “But we want to do all we can to check that it’s likely to become a mild infection.”

>>> US Early premarket gappers

Early premarket gappers

  • Gapping up:
    • VXRT +18.5%, UFS +15.2%, TBBK +11.6%, REGI +8.5%, TRI +7%, KYMR +6.9%, MYGN +5.3%, PLOW +4.5%, GAIA +4.3%, LEG +4.1%, RILY +4.1%, CC +4%, CR +4%, ABCL +3.8%, NSP +3.8%, CBT +3.4%, CHGG +3.3%, BNTX +2.8%, BG +2.8%, CVS +2.7%, ZI +2.2%, LPX +2.1%, AGR +2%, KFRC +2%, ETN +1.5%, LDOS +1.3%, RMBS +1.2%, OLLI +1.1%, SU +1.1%, OHI +1.1%, KMT +1.1%, PFE +0.9%
  • Gapping down:
    • ARCB -26.3%, BLDP -12.1%, MAXR -10.3%, IRBT -7.7%, FRPT -6.5%, SDC -6.3%, SHO -6%, BOOM -5.5%, LGND -5%, MOS -4.9%, RCM -4.6%, VNOM -3.6%, ATC -3.5%, SYNH -3.4%, ASO -3.4%, ATCO -2.6%, MARA -2.3%, SANM -2.1%, SEDG -2.1%, IAG -2.1%, VRNS -1.8%, CAR -1.8%, SAGE -1.7%, HLIT -1.5%, UAA -1.1%, XPO -1.1%, BTU -1%

>>> US After Hours Summary: IRBT -8.6%, MAXR -8.2%, FRPT -6.5% fall on earnings;

After Hours Summary: IRBT -8.6%, MAXR -8.2%, FRPT -6.5% fall on earnings; REGI +8.9%, RMBS +1.2% higher on earnings; VXRT +23.6% jumps on vaccine data

After Hours Gainers:

Companies trading higher in after hours in reaction to earnings/guidance: REGI +8.9%, CHGG +6%, RILY +4.4% (also declares $3 dividend, includes $0.50 regular and $2.50 special), KFRC +2.6%, CC +2.5%, LEG +1.6%, ZI +1.4%, QGEN +1.3%, RMBS +1.2%, WMB +1%, LTHM +0.7%, OHI +0.6%, O +0.4%, FN +0.3%, AGR +0.2%, AWK +0.1%, BWXT +0.1% (also initiates new $500 mln share repurchase authorization), PLOW +0.1%, SCI +0.1%, WWD +0.1%

Companies trading higher in after hours in reaction to news: VXRT +23.6% (reports data from oral COVID-19 vaccine Phase 1 study), UFS +17.1% (Paper Excellence said to weigh potential acquisition bid for Domtar, according to Bloomberg), TBBK +12.3% (to be added to S&P SmallCap 600), KYMR +6.9% (to present new pre-clinical data for KT0474), GAIA +4.2% (stock offering), BNTX +2.4% (PFE/BNTX: FDA to authorize vaccine in adolescents 12-15 yrs old by early next week, according to NY Times), OLLI +1.1% (new COO), BAX +0.7% (increases dividend), ETTX +0.5% (INVA and ETTX close $20 mln private placement), PFE +0.5% (PFE/BNTX: FDA to authorize vaccine in adolescents 12-15 yrs old by early next week, according to NY Times), UAA +0.2% (announces settlement with the SEC), SWBI +0.1% (to divest Thompson/Center Arms brand), ARI +0.1% (files for mixed securities shelf offering), EVTC +0.1% (stock offering), GVA +0.1% (awarded $160 mln contract for Texas dam project)

After Hours Losers:

Companies trading lower in after hours in reaction to earnings/guidance: IRBT -8.6%, MAXR -8.2%, FRPT -6.5%, SHO -6% (also suspends dividend on common shares), SDC -5.4% (also experienced a systems outage caused by a cybersecurity incident), LGND -4.3%, MOS -4.2%, VNOM -3.6%, VRNS -2.9%, RIG -2.7%, CAR -2.5%, ATCO -2.5%, SANM -2.2%, ADUS -2%, SEDG -1.8%, HLIT -1.5%, IAG -1.5%, XPO -1.5%, BLDP -1.1%, SU -0.6%, FANG -0.5%, VNO -0.3%, NTR -0.2%, RBC -0.2%, CBT -0.1%, NSP -0.1%

Companies trading lower in after hours in reaction to news: RCM -4.5% (to be added to S&P MidCap 400), SYNH -3.5% (stock offering), BTU -2.4% (new CEO), ASO -1.8% (stock offering), FANG -0.5% (OAS to acquire Williston Basin assets from FANG for $745 mln; also stock offering), GLOB -0.2% (announces senior mgmt updates; names Patricia Pomies as COO), MARA -0.1% (provides bitcoin production and miner installation update), COO -0.1% (announces acquisition of obp Medical for $60 mln), INTC -0.1% (to invest $3.5 bln to equip its New Mexico operations)

NY Post : Giant Chinese rocket’s debris could crash down in New York

Giant Chinese rocket’s debris could crash down in New York

A massive piece of Chinese space junk is unpredictably circling Earth and could rain debris down on New York or another metropolitan area in the next few days, scientists warned.

The 21-ton object is the core stage of one of China’s largest rockets, the Long March 5B, which had launched the first module for the country’s space station, Space News reported.

When the core component separated from the rest of the rocket, the remaining portion was supposed to take a predetermined path that would send it falling into the ocean.

Instead, it is orbiting unpredictably.

There are several possible places where debris that survives re-entry into Earth’s atmosphere could crash down — including New York, Madrid and Beijing in the Northern Hemisphere and southern Chile and Wellington, New Zealand, in the Southern Hemisphere, the outlet reported.

Its exact landing is impossible to predict due to its current velocity — orbiting the Earth every 90 minutes, the outlet reported.

But the most likely outcome will be it falls into the ocean or inhabited regions, which account for a large portion of the projected range.

Astronomer Jonathan McDowell said that large pieces will likely be obliterated by the intense heat during the re-entry to Earth, but smaller pieces may make it to the ground.

“I think by current standards it’s unacceptable to let it re-enter uncontrolled,” McDowell told the outlet.


“Since 1990, nothing over 10 tons has been deliberately left in orbit to re-enter uncontrolled,” he added.

The Long March 5B stage, however, is significantly larger than one on SpaceX’s Falcon 9 rocket, which reportedly caused debris to fall during reentry on a farmer’s field in Washington state.

“The Long March 5B core stage is seven times more massive than the Falcon 9 second stage that caused a lot of press attention a few weeks ago when it reentered above Seattle and dumped a couple of pressure tanks on Washington state,” McDowell told the outlet.

Chinese space officials launched the Long March 5B carrier rocket last week at the Wenchang Space Launch Center in the southern island province of Hainan, state broadcaster CCTV said.

It was carrying modules for the country’s first permanent space station, which is set to be completed around 2022.

At least a dozen Chinese astronauts are currently training to live in the station.

The launch last week was the first of 11 missions to build and equip the station, which is expected to weigh 66 tons.

FT : EU carbon prices hit record €50 a tonne

EU carbon prices hit record €50 a tonne
Cost of polluting in bloc more than double its pre-pandemic level

The EU carbon price has extended its record-breaking rally to jump above €50 a tonne for the first time, pushing up the cost of polluting in the bloc to more than double its pre-pandemic level.

The EU Emissions Trading System (ETS), which is designed to put a cost on CO2 for some of the most highly polluting industries from power generation to aviation, has rallied by more than 50 per cent since the start of the year.

As recently as December last year the carbon price had never traded consistently above €30 a tonne, but prices have surged as traders bet the availability of carbon allowances will need to tighten in the coming years if the EU is to meet aggressive climate targets, including cutting emissions by 55 per cent by 2030.

The surge has made carbon one of the world’s hottest commodities, even as a rise in the sector has raised inflation fears. While environmentalists have welcomed the rising cost of pollution for power suppliers and industry, there are fears that the pace of the rise is faster than companies can easily adapt to.

Last week companies from the steel sector and other heavily polluting industries such as petrochemicals and cement called on the EU to accelerate plans to implement a carbon border adjustment tax for imports from countries outside the scheme, fearing they were being put at a competitive disadvantage. 

The steel sector in Europe, for example, would face carbon costs of about €2bn this year at current price levels, despite being given the majority of its carbon allowances for free by member countries.

Under the bloc’s ETS, companies are allocated a set number of allowances to cover at least part of their emissions. If they cut the amount they pollute, such as by using renewable fuels or natural gas instead of coal, they are free to sell the leftover allowances for profit. But if they increase pollution they need to buy additional allowances to cover their emissions, under the so-called cap-and-trade model.

The surge in carbon prices has attracted the attention of hedge funds and other financial investors who have been moving deeper into carbon trading, alongside utilities and other industries that trade the credits.

Some analysts in the sector have suggested prices may reach €100 a tonne by the end of the decade, a price they argue is necessary to make alternative fuels such as “green” hydrogen competitive. 

Le Monde : L’Egypte confirme l’achat de 30 avions de combat Rafale à la France

L’Egypte confirme l’achat de 30 avions de combat Rafale à la France
Cette vente atteste le succès à l’exportation, tardif mais réel, de l’avion de combat français, ainsi que la place du Caire comme partenaire commercial majeur de Paris en matière d’armements.

L’Egypte a confirmé, mardi 4 mai, l’achat à la France de 30 avions de combat Rafale. « L’Egypte et la France ont signé un contrat de fourniture de 30 avions Rafale », affirme un communiqué de l’armée égyptienne, qui précise que l’achat se fera via un prêt sur dix ans. Le site d’informations Disclose avait dévoilé lundi le caractère imminent de la transaction, évoquant un montant de 3,95 milliards d’euros.

Cette vente confirme le succès à l’exportation, tardif mais réel, de l’avion de combat français. Commandé par l’Egypte, puis le Qatar (36 appareils) et l’Inde (36 avions également) – une vente en 2016, sur laquelle pèsent de lourds soupçons de corruption –, il a été vendu en janvier à la Grèce à 18 exemplaires, dont 12 d’occasion. Et les prochains mois pourraient être fastes, espère Dassault Aviation : le Rafale est en compétition en Suisse, en Finlande et en Croatie.

D’après Disclose, qui cite des documents gouvernementaux égyptiens détaillant les termes du contrat, l’Egypte a obtenu un prêt garanti par la France à hauteur de 85 % pour financer ces achats, faisant peser sur les contribuables français un éventuel défaut de paiement.

Réchauffement franco-égyptien
Malgré la volonté affichée de Paris de recentrer ses exportations d’armements vers l’Europe, l’Egypte fait partie des principaux destinataires d’équipements militaires français. Si les exportations ne représentaient que quelques dizaines de millions d’euros au début des années 2010, elles se sont considérablement renforcées avec l’arrivée au pouvoir d’Abdel Fattah Al-Sissi, en 2014, essentiellement entre 2014 et 2016 à la faveur de la vente de Rafale, d’une frégate, de 4 corvettes et de 2 porte-hélicoptères Mistral.

Au total, les importations égyptiennes d’armements français se sont élevées à 7,7 milliards d’euros entre 2010 et 2019, faisant du Caire le quatrième pays client de la France en matière d’armements, selon le rapport annuel au Parlement.

Mais l’inquiétude exprimée par le président français, Emmanuel Macron, sur la situation des droits de l’homme en Egypte, lors d’une conférence de presse conjointe avec son homologue en janvier 2019, avait entamé les bonnes relations entre la France et l’Egypte. Cette dernière n’avait, depuis, pas conclu de nouveau contrat, observait en novembre le député Jacques Maire dans un rapport sur le contrôle des exportations d’armements.

Signe récent de réchauffement, le président Sissi a été reçu en décembre 2020 par Emmanuel Macron, qui lui a remis la grand-croix de la Légion d’honneur, la plus haute distinction honorifique française.

>>> Europe : Brokers Upgrades & Downgrades - 4th of May 2021 V2(+)

>>> Up
* Atlas Copco Raised to Hold at Deutsche Bank (+)
* Barclays Raised to Buy at Investec; PT 200 pence (+)
* Boeing Raised to Market Perform at Bernstein; PT $229
* Novozymes Raised to Neutral at JPMorgan; PT 420 kroner
* Siemens Healthineers Raised to Buy at Deutsche Bank; PT 56 euros
* Spire Healthcare PT Raised to 233 pence at Peel Hunt
* Swedbank Raised to Buy at AlphaValue
* Travis Perkins Raised to Buy at Canaccord; PT 1,725 pence
* Trigano Raised to Buy at SocGen; PT 198 euros (+)

>>> Down
* A2A Cut to Accumulate at Banca Akros (ESN); PT 1.80 euros (+)
* Exprivia Cut to Neutral at Banca Akros (ESN) (+)
* Greencoat Renewables Cut to Sector Perform at RBC; PT 1.15 euros
* INWIT Cut to Equal-Weight at Barclays; PT 11.50 euros
* Saipem Cut to Add at AlphaValue

>>> Initiation
* dotdigital Rated New Buy at Jefferies; PT 220 pence
* H-Farm Rated New Outperform at EnVent S.p.A.; PT 31 euro cents
* Friedrich Vorwerk Group Rated New Buy at Berenberg; PT 61 euros
* QinetiQ Rated New Equal-Weight at Morgan Stanley; PT 387 pence
* Sitowise Group Rated New Buy at Danske Bank Markets
* Trustpilot Rated New Buy at Berenberg; PT 385 pence
* Trustpilot Rated New Equal-Weight at Morgan Stanley
* Trustpilot Rated New Overweight at JPMorgan; PT 350 pence
* Trustpilot Rated New Buy at Danske Bank Markets; PT 393 pence
* Ultra Electronics Rated New Equal-Weight at Morgan Stanley
* Vantage Towers Rated New Buy at Citi; PT 30 euros

>>> Call
* Adecco’s 1Q Shows a ‘Noticeable’ Margin Improvement, ZKB Says (+)
* Atlas Copco Upgraded as Deutsche Bank Sees Semicap Boom Phase (+)
* Demant Guidance Raise Implies Consensus Upgrades: Jefferies (+)
* Geberit Indicated Higher as ZKB Notes Big 1Q Beat at all Levels (+)
* HelloFresh’s Growth Initiatives Paying Off, Berenberg Says
* Oerlikon Has ‘Strong Start’ to Year, Ebitda Margin Improved: ZKB (+)
* Oil Service Sector Rallies as Barclays Says ‘Time to Own’
* Pandora’s 1Q Beat, FY Outlook to Be Taken Well: Morgan Stanley (+)
* TeamViewer’s 1Q Shows ‘Good Execution,’ Morgan Stanley Says (+)
* U.K. Defense Firms’ Good Outlooks Priced In: Morgan Stanley

>>> Stoxx 600 Pre-Market Indications

  • TUI (TUI1 TH) +5%
    • EU Seeks to End Travel Restrictions on Vaccinated to Bloc
  • Carnival Plc (POH1 TH) +2.9%
  • BAT (BMT TH) +2.5%
    • BAT Bolstered Liquidity; Leverage Target Up as New Products Key
  • EasyJet (EJT1 TH) +2.5%
  • Nordic Semiconductor (N0S TH) +2.2%
    • Infineon Hits Targets Helped by ‘Booming’ Semiconductor Market
  • Imperial Brands (ITB TH) +2%
  • BHP Group PLC (BIL TH) +2%
  • CD Projekt (7CD TH) +1.6%
  • Vestas (VWSB TH) +1.5%
  • AMS (DQW1 TH) -0.9%
    • AMS 2Q Revenue Forecast Misses Estimates
  • Nokia (NOA3 TH) -1.1%
  • Commerzbank (CBK TH) -1.1%
  • Nel (D7G TH) -1.3%
    • Nel 1Q Ebitda Loss NOK74.3M, Est. Loss NOK66.2M
  • Metso Outotec (M6Q TH) -1.5%

>>> TradeGate Pre-Market Indications

DAX:
  • Vonovia (VNA TH) +1.2%
    • Vonovia 1Q Adjusted Ebitda EU506.1M
  • Infineon (IFX TH) +0.8%
    • Infineon Hits Targets Helped by ‘Booming’ Semiconductor Market
MDAX:
  • HelloFresh (HFG TH) +2%
    • HelloFresh 1Q Adjusted Ebitda Meets Estimates
  • Fraport (FRA TH) +1.3%
  • Siemens Healthineers (SHL TH) +0.7%
    • Siemens Healthineers Raised to Buy at Deutsche Bank; PT 56 euros
  • Commerzbank (CBK TH) -1.2%
SDAX:
  • Norma (NOEJ TH) +2.8%
  • Leoni (LEO TH) +2%
  • Wacker Neuson (WAC TH) +1.9%
  • Kloeckner (KCO TH) +1.2%
  • Global Fashion Group (GFG TH) -1.1%