TIL Desk/World/Tokyo/ The Omicron variant of coronavirus carries a “very high” global risk of surges, the WHO warned on Monday, as more countries reported cases, prompting border closures and reviving worries about the economic recovery from a two-year pandemic.
Scientists have said it could take weeks to understand the severity of Omicron, which was first identified in southern Africa. Its emergence has caused a strong global reaction, with countries imposing travel curbs and other restrictions, worried that it could spread fast even in vaccinated populations.
Spooked investors wiped roughly $2 trillion off the value of global stocks on Friday but financial markets were calmer on Monday, even after Japan, the world’s third-largest economy, said it would close its borders to foreigners.
“The overall global risk related to the new variant of concern Omicron is assessed as very high,” the World Health Organization advised its 194 member nations, warning of “severe consequences” in some areas. It said no deaths linked to Omicron variant had been reported so far.
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