New Covid variant:

South African scientists have expressed concern about a new COVID-19 variant that has been detected in small numbers, and are working to understand its potential implications.

MARKETS

New Covid variant roils global markets with oil sinking 5%.  Scientists said the variant, detected in South Africa, may be able to evade immune responses. British authorities think it is the most significant variant to date, worry it could resist vaccines and have hurried to impose travel restrictions on South Africa


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