Vaccines, stocks, travel: your Monday evening briefing
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Have a good evening. Here is the last Monday at the end of the day.
1. A further step towards immunization of young children.
The Pfizer-BioNTech coronavirus vaccine has been shown to be safe and very effective in children aged 5 to 11, the companies said.
They plan to apply for government clearance by the end of the month. If the regulatory exam follows a similar schedule to older children and adults, millions of elementary school students could be vaccinated before Halloween.
Children now account for more than 20% of new cases, and the highly contagious Delta variant has sent more children to hospitals and intensive care units in recent weeks than at any time during the pandemic.
How many parents will have their children vaccinated? In a recent survey, about 25% of parents of children aged 5 to 11 said they “definitely” are not considering doing so.
Separately, the FDA is likely to allow Pfizer booster shots this week for Americans over 65 and others at high risk of serious illness.
2. Stocks had their worst day in months, part of a global collapse as a chain of worries weighed on the minds of investors.
The S&P 500 ended down 1.7% today, its worst one-day decline since mid-May. The index has fallen for two consecutive weeks. Prior to today’s decline, it was down more than 2% from the September 2 high.
The spiraling woes of Evergrande, once China’s most prolific real estate developer and now its most indebted company, did not help the September malaise. Regulators fear that the collapse of a company the size of Evergrande could cause tremors throughout China’s financial system.
Tourism officials in New York have particularly welcomed the move, which begins in November. Foreign travelers normally make up only 20 percent of visitors, but they generate 50 percent of the city’s tourism spending. Businesses that cater to tourists – restaurants, hotels and the performing arts – have been hit hardest by the pandemic.
Unvaccinated Americans who wish to return home from overseas will need to be tested for the negative coronavirus a day before traveling and prove that they have purchased a test to take after arriving in the United States.
4. Putin’s opponents were dismissed in the elections in Russia.
Today’s official results showed that the country’s ruling party retained a two-thirds majority in the lower house of parliament and won a landslide victory in Moscow, a bastion of anti-Kremlin sentiment.
Opposition leaders cried foul, citing partial results on Sunday night that showed significant gains for opposition parties and potential wins for several of their candidates.
Russian elections are not free and fair, and the country’s most prominent figures opposed to President Vladimir Putin have been excluded from the polls, jailed or exiled before the vote.
5. The Canadian elections test Justin Trudeau’s political calculus.
When the Canadian Prime Minister announced a snap election two years earlier than expected, his aides apparently hoped that a hike in approval ratings for his handling of the pandemic would give his Liberal Party the majority in Parliament he had lost. in the last elections in 2019..
Instead, the Liberals’ position fell to statistical equality with that of the Conservatives. Today’s election results may not be clear until tomorrow morning.
Analysts have predicted that high support for Trudeau’s party in the most populous provinces suggests he will get the most seats in parliament, but not the majority he seeks.
6. Democrats disagree on how to pursue universal health care.
Some prioritize expanding health care coverage to poorer adults in states whose leaders have refused to do so. Others place more weight on expanding Medicare benefits for seniors at all income levels.
Pressed to lower the cost of their ambitious $ 3.5 trillion social safety net bill, Democrats in Congress face tough decisions. Divisions over how to cut prescription drug costs and raise taxes will most likely prevent the party from acting boldly on both fronts.
Democrats also suffered a major setback when the Senate’s senior rule enforcement official said their plan to use the bill to create a path to citizenship for around eight million undocumented immigrants violated the room rules. Separately, the Biden administration has announced that it will increase the refugee admissions ceiling to 125,000 as of October 1.
7. An oil company has moved further away from fossil fuels.
Royal Dutch Shell sold its oil and gas production in the West Texas Permian Basin, America’s largest oil field, to ConocoPhillips for $ 9.5 billion in cash.
The sale is the latest sign that Shell, like other European oil companies, is under pressure to sell off oil and gas production and produce cleaner energy in response to climate change concerns among investors and the general public. .
Shell has accelerated its transition to cleaner fuels over the past two years. In May, a Dutch court ordered the company to reduce its greenhouse gas emissions by 45% by 2030. Shell appealed the decision.
8. The Taliban have made it clear that they intend to severely restrict the education of girls. The question is how draconian the new system will be.
When schools reopened on Saturday for grades 7-12, only male students were invited to show up for their studies. Many teachers say they started wearing niqabs – a garment that covers a woman’s hair, nose and mouth – and prepared for gender-separated classes.
The new government said some form of education for girls and women would be allowed, but those parameters were not clearly defined. The Taliban appear determined to rule not strictly by decree, but by inference and intimidation.
9. The best and worst of the Emmy Awards.
Streaming services took home major series awards for the first time, with Netflix taking the throne, taking home all four major acting awards and best drama for “The Crown.” But certain aspects of the Emmys – long speeches, red carpet looks, casual inspirational moments – will always be with us. And for the first time in six years, the Emmys failed to set or equal an audience record. Here’s what our colleagues have to say:
“There’s a lot of variety on TV, more than the Emmys seem to know,” wrote Margaret Lyons of how the top 10 awards came from just four shows. “Monotony is a vice.
HBO’s Max showbiz comedy “Hacks” gave “Ted Lasso” a run for its money, winning three comedy awards before the biggest – best comedy series – went to “Lasso.” “The suspense was fun as long as it lasted,” writes Sarah Bahr.
Debbie Allen, actor, screenwriter, director and producer, received the Governor’s Award, a de facto lifetime achievement honor. It was a good reminder that some of television’s most transcendent talents have been working there for decades, writes Jeremy Egner.
10. And finally, celebrities and their loves… with food.
Paul McCartney, Al Gore, David Beckham and Tracey Ullman are among the stars featured in a new podcast from the owner of River Cafe in London, where the buffalo mozzarella appetizer costs around $ 30. The podcast debuts tomorrow.
Owner Ruth Rogers asked Michael Caine – a regular for decades – what his comfort food was. “Years ago it was sausage and mash,” he replied. “Now it’s caviar.” For Glenn Close, it’s Oreos.
“Even though a lot of these people look very glitzy,” Ms. Rogers said, “the kitchen is a great equalizer.”
Have a tasteful evening.
Shelby knowles and Angela Jimenez photos compiled for this briefing.
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