News article in McDonald’s website confirms that after more than 30 years of operations in the country, McDonald’s Corporation...


McDonald’s To Exit from Russia after 30 Years of Service in the Country

The dollar slipped against other major currencies for a third straight day on Tuesday, tempering a long rally as investors cashed out and trimmed bets on U.S...

Stock Markets

Dollar Slipped against other Major Currencies as Focus turns to Growth

Asian shares rise on Tuesday, boosted by technology majors, as hopes expectation grow for an easing of China's regulatory crackdown on...

Stock Markets

Asian Shares Rise on High Expectation of Easing China Tech Crackdown

On Friday, Elon Musk revealed that his $44 billion takeover deal for Twitter Inc. has been put “temporarily on hold”, triggering a share plunge...

Stock Markets

Musk’s $44 Billion Twitter Acquisition Deal ‘on Hold’ Causing Shares to Plunge

His Highness Sheikh Khalifa bin Zayed Al Nahyan, the President of the United Arab Emirates and Ruler of Abu Dhabi, has passed away on Friday, May 13, aged 73...


RIP: UAE’s Sheikh Khalifa Bin Zayed Al Nahyan Passes Away


22 Feb 2022

South Korea says Omicron variant 75% less likely to kill than Delta strain

South Korea says Omicron variant 75% less likely to kill than Delta strain

The Index Today

Real world data released on Monday by South Korea's health authorities showed that People infected with the Omicron coronavirus variant are nearly 75 per cent less likely to develop serious illness or die than those who contract the Delta variant.

A study by the Korea Disease Control and Prevention Agency (KDCA) of some 67,200 infections confirmed since December showed the Omicron variant's severity and death rates averaged 0.38 per cent and 0.18 per cent, respectively, compared with 1.4 per cent and 0.7 per cent for the Delta cases.

The KDCA classed severe cases as people who were hospitalised in intensive care units.

Around 56 per cent of 1,073 people who died over the past five weeks were either unvaccinated or had received only one dose, the study showed, with people aged 60 or older accounting for 94 per cent of deaths.

Reuters reported that the Omicron variant has led to a surge in cases - daily new infections topped a record 100,000 last week - but authorities have pushed ahead with slightly easing social distancing rules amid the lower fatality rate and ahead of a presidential election next month.
©Photo: Bloomberg