China Covid instances inflicting greater transport prices, delayed items

Sea containers from China and other Asian countries will be unloaded at the Port of Los Angeles on September 14, 2019 in Long Beach, California, as the trade war between China and the United States continues.

Mark Ralston | AFP | Getty Images

At first it was a critical shortage of shipping containers due to the pandemic. Then came a massive one Blockage in the Suez Canal.

Now businesses and consumers are preparing for another shipping crisis as a virus outbreak in southern China disrupts port services and delays deliveries, driving costs up again.

China’s Guangdong Province has seen a sudden surge in Covid-19 cases. Authorities have closed districts and businesses to prevent the virus from spreading rapidly.

This leads to massive shipping delays in large Chinese ports and drives up the already high shipping costs, as the waiting times at the berth “skyrocketed” according to analysts and representatives of the shipping industry.

“The disruptions in Shenzhen and Guangzhou are absolutely massive. Alone they would have an unprecedented impact on the supply chain, ”Brian Glick, founder and CEO of the supply chain integration platform, told CNBC.

Together with the challenges that the global supply chain has been facing since this year, shipping is in “absolutely uncharted waters,” said Glick.

Guangdong, a major shipping hub, accounts for about 24% of China’s total exports. It is also home to the Port of Shenzhen and the Port of Guangzhou, which are the third largest and fifth largest in the world by container volume, according to the World Shipping Council.

The first local case of the Delta variant, first discovered in India, was found in Guangzhou in May and has since increased to over 100 cases. The authorities have imposed bans and other measures that limit the processing capacity in the ports.

Global supply chain at risk again

When various parts of the world recovered from the pandemic late last year, there was a buying boom that resulted in containers being critically undercut. This caused massive delays in shipping goods from China to Europe and the US, and drove up prices for businesses and consumers.

Then one of the largest container ships in the world, the Ever Given, got stuck in the Suez Canal and blocked the important trade route for almost a week. Around 12% of world trade is transacted via the Suez Canal, which an average of more than 50 ships pass through each day.

The incident sparked a global shipping crisis and kept $ 9 billion a day in international trade.

Now the recent crisis in southern China is again disrupting the global supply chain.

Shipping costs are at an all-time high … we’ve broken so many price caps that no one can say where that peak will be.

Brian Glick

Founder and CEO,

“I think the risk of a supply chain disruption increases and export prices / shipping costs are likely to continue to increase. Guangdong Province plays a critical role in the global supply chain, ”said Zhang Zhiwei, chief economist at Pinpoint Asset Management.

JP Wiggins, vice president of corporate development for shipping software company 3GTMS, told CNBC that the port crisis in China will cause much more disruption for the American consumer as many of the shipments affected are destined for North America. In comparison, the Suez Blockade had a greater impact on European trade as many of the late deliveries were destined for Europe.

Wiggins also said that consumer expectations must remain in “Covid mode”.

“Expect shortages and sell-out of all products made in Asia,” he said.

Shipping costs ‘at all time high’

The increasing shipping costs are a direct result of the crisis.

“Many small and medium-sized shippers throw their hands up because shipping costs exceed the margins of the products they want to ship,” said Glick. “Shipping costs are at an all-time high with anecdotal quotes hitting 5 to 10 times the historical norm. We have broken so many price caps that no one can say where this will peak.”

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Wiggins warned that prices are “volatile” and said he advises shippers to spend twice as much as it is unclear where this is going.

Shippers who cannot afford the delays will increasingly try to convert ocean shipments to air, which will further increase shipping costs, said Shehrina Kamal, vice president of intelligence solutions at Everstream Analytics.

Ripple effect

Waiting times for ships docking at the Yantian International Container Terminal in Shenzhen have “skyrocketed” from an average waiting time of 0.5 days to 16 days, according to Kamal.

The backlog will exacerbate other ports.

The problem is already worsening in nearby ports as airlines begin diversion, Kamal said. The port of Nansha in Guangzhou is experiencing an influx of cargo due to the diversions, and the congestion and ship delays are expected to last for another two weeks – if not longer, she said.

Coupled with the pandemic in India and the Southeast Asian economies … this surge in Covid cases in Guangdong could add to higher inflationary pressures in other countries.

Zhang Zhiwei

Chief Economist, Pinpoint Asset Management

According to Kamal, the consequences will even spread to neighboring provinces such as Guangxi, Yunnan, Hunan and Hubei.

Fears of inflation

In addition to mainland China, the port at the Hong Kong financial center is also affected.

Cross-border delivery was possible there by truck, but the authorities recently tightened the measures due to the pandemic. That means, among other things, all cross-border trucks will need to be sterilized, which is likely to delay freight traffic and processing overall, Kamal said.

Overall, transshipment at the ports in Guangdong will remain slow in June and other parts of China will likely become more cautious, said Zhang of Pinpoint Asset Management.

This could lead to higher prices, although investors are concerned about rising inflation and the potential impact on interest rates.

“Coupled with the pandemic in India and the Southeast Asian economies … with rising raw material and shipping costs, this surge in Covid cases in Guangdong may add to higher inflationary pressures in other countries,” he warned.

U.S. Covid circumstances lowest in a yr as Memorial Day journey picks up

A crowd of travelers are checking in for their flights in LAX on Friday, May 28, 2021.

Allen J. Cockroaches | Los Angeles Times | Getty Images

The U.S. has reported the lowest number of Covid-19 cases in more than a year as the country’s airports recorded the highest number of travelers since the pandemic began over the weekend of Memorial Day.

The 11,976 new cases reported on May 29 were the lowest since March 23, 2020, when 11,238 new cases were reported, according to Johns Hopkins University.

The seven-day average of 21,007 is the lowest since March 31 last year when it was 19,363.

Friday saw the TSA report that too highest number of travelers since the beginning of the pandemic, with more than 1.9 million people taking to the skies for the long weekend. At the same time last year, the TSA counted only 327,000 passengers at its checkpoints.

The World Health Organization officially declared Covid-19 a global pandemic on March 11, 2020. The US reported 1,147 Covid cases that day. The pandemic would infect more than 33 million people in the United States and kill nearly 600,000 people.

Within a week of the WHO’s statement, daily TSA trips dropped from 1.7 million to 620,000. As of March 25, the number was 203,000. Since March 11, 2021, the daily number of fliers has remained above 1 million.

More than 60% of adults in the US have at least one dose of a Covid vaccine, while 40.5% of adults are fully vaccinated Data from the Centers for Disease Control and Prevention. President Biden Announced earlier this month that his government aims to increase the number of adults on at least one dose to 70% by July 4th.

“If we succeed in these efforts,” said Biden during his announcement, “then the Americans will have taken a serious step towards a return to normal.”

The CDC recently said people are fully vaccinated do not need to wear masks in most environments, although masks are still required on airplanes, buses, trains, and public transportation. Cities across the country are Lifting of restrictions to indoor dining and gatherings as cases go down and vaccinations go up.

The Chief Medical Officer of the White House, Dr. Anthony Fauci, has repeatedly stated that he wants the daily case numbers to fall below 10,000 before a major relaxation of security measures takes place.

U.S. Covid instances hit lowest stage since June 2020

Alfresco dining is served in a restaurant in Ann Arbor, Michigan, U.S., April 4, 2021 as coronavirus disease (COVID-19) restrictions are eased.

Emily Elconin | Reuters

Covid cases in the US have fallen to their lowest level since June as the nation prepares for Memorial Day weekend, the unofficial start of the summer travel season.

The seven-day average of new infections is around 26,000 on Sunday, according to Johns Hopkins University. That’s the lowest number since June last year.

The decline in falls is a hopeful sign, especially as many Americans plan to travel, spend days on the beach, and hang out with friends and family over the summer. It is the latest in a series of milestones that signal a reopening of the economy and a gradual return to a more typical way of life.

Cases of Covid have decreased as more people are vaccinated across the country. Approximately 49% of the US population have had at least one vaccine, and 39% of the population will be fully vaccinated as of Saturday, according to the Centers for Disease Control and Prevention. According to the CDC, 61% of those over 18 are at least partially vaccinated.

Retailers, including aim, Walmart and Macy’s said that this week Consumer purchases reflect that people are becoming more mobile and social again. They said a growing number of customers have returned to the stores to browse or buy goods they had previously skipped. from new outfits to teeth whitening products.

The CDC’s new public health recommendations earlier this month also led to changes for Americans who have been wearing masks for months. The federal agency said People who are fully vaccinated do not need to cover their face in most indoor and outdoor areas. This caused many retailers and some states, including New York, to drop mask requirements for those vaccinated and adapt to the new policy.

WHO says it accounts for 50% of reported circumstances final week

A Covon-19 coronavirus patient rests in a banquet room temporarily converted into a Covid care center in New Delhi on May 10, 2021.

Arun Sankar | AFP | Getty Images

India’s daily Covid-19 death toll hit another record high on Wednesday as the World Health Organization said the country accounted for half of all reported cases worldwide last week.

Health ministry data showed that at least 4,205 people died within 24 hours – the largest increase in deaths in a day the South Asian country has reported since the pandemic began. However, reports suggest that India’s death toll is under counting.

A total of 23 million cases have been reported in India and more than 254,000 people have died.

The World Health Organization said India accounted for half of all cases reported worldwide last week, as well as 30% of the world’s deaths.

India has reported more than 300,000 cases per day for 21 consecutive days. On Tuesday, however said the Ministry of Health The data showed a net decrease in total active cases over a 24-hour period for the first time in 61 days.

The second wave began around February and accelerated until March and April, after large crowds, mostly without masks, were allowed to gather for religious festivals and election campaigns in different parts of the country.

India’s health system is under tremendous pressure from the surge in cases despite the influx of international aid, including oxygen concentrators, bottles and generation equipment, and the antiviral drug remdesivir.

India is recruiting 400 former armed forces doctors to ease pressure on healthcare workers. The Ministry of Defense announced on Sunday.

WHO update on India, South Asia

In its latest weekly epidemiological update on the pandemic, the UN Department of Health said it was observing “worrying trends” in India’s neighboring countries, where cases are also increasing.

For example in Nepal, Nearly 50% of all people tested for Covid-19 are reportedly infected as the inland struggles with a second wave. Vaccines are said to have run out when India stopped exporting given the situation at home.

The WHO recently classified the Covid variant B.1.617 This was first recognized as a worrying variant in India, indicating that it is a global threat. The variant has three sub-lines, “which differ by a few, but possibly relevant mutations in the spike protein as well as by the worldwide prevalence of detection,” said the WHO in the report.

India’s dramatic increase in cases has raised questions about the role of Covid variants such as the B.1.617 and B.1.1.7, which were first discovered in the UK.

The International Health Authority said it recently carried out a risk assessment of the situation in India and found that the resurgence and acceleration of Covid-19 transmission in the country have several likely factors may have increased portability, as well as mass gatherings and lower compliance with public health and social measures.

“The exact contributions of these factors to increased transmission in India are not precisely known,” said the WHO.

Prime Minister elsewhere Narendra Modi will not personally attend a G7 summit in the UK next month due to the Covid-19 situation at home. said the Indian Foreign Ministry. Modi was invited as a special guest by UK Prime Minister Boris Johnson, the ministry said.

Instances, fatalities rise as oxygen scarcity persists

A Covid-19 coronavirus patient breathes with the help of oxygen provided by a gurdwara, a place of worship for Sikhs, under a tent on May 6, 2021 on the side of the road in Ghaziabad.

Prakash Singh | AFP | Getty Images

India again reported a record number of cases and deaths Thursday as it faces a devastating second wave of Covid-19 infections that has brought its healthcare system to the brink of collapse.

Health ministry data showed 412,262 new cases of infection were reported over a 24-hour period, bringing the total to over 21 million – days after crossing the 20 million mark on Tuesday.

India also reported the highest daily death toll, with 3,980 deaths. However, media reports suggest that the death rate is underreported.

prime minister Narendra Modi The government has been criticized for allowing large crowds to gather for election campaigns and religious festivals earlier this year, and for failing to anticipate or prepare for a second wave.

India’s oxygen crisis

Falls began to rise in February, but the second wave accelerated in April. The resurgence overwhelmed hospitals struggling with bed shortages and limited supplies of oxygen and medication to treat patients. The international community has pledged to send medical aid in the form of oxygen cylinders, concentrators and other medical supplies. Some of these aid deliveries have arrived in India. According to reports.

However, the situation has not eased as the number of cases increases, as does the severity of those cases, according to Abhay Soi, chairman and general manager of Max Healthcare, which has hospitals in Delhi, Maharashtra, Punjab and Uttarakhand.

“That basically means the need for oxygen is increasing too,” he said on CNBCs Tuesday.Road signs Asia.“”

“Typically, an intensive care unit needs two and a half to three times the amount of oxygen a ward or patient needs in a bed. So if criticality increases and mortality increases, oxygen demand will increase too,” he said.

Soi stated that Max Healthcare runs approximately 4,000 RT-PCR tests in the Delhi area every day. About a week ago, these Covid-19 tests had a positivity rate of over 50%, which has since dropped to around 31%.

“What you are going to see now are people who got infected about seven or eight days ago and are coming to hospitals,” he said, adding that these patients need a variety of medications and support, including oxygen.

Courts enter

On Wednesday the Supreme Court of India ordered the central government to do so Present a comprehensive plan by Thursday Outline of steps to meet medical oxygen needs for hospitals in Delhi, including sources of supply and transportation regulations. The country’s supreme court also stayed Contempt from the High Court of Delhi on May 4th to the central government for failing to comply with its order to provide adequate oxygen to hospitals in Delhi.

Delhi Supreme Court justices Vipin Sanghi and Rekha Palli found on Tuesday that hospitals and nursing homes had to reduce the number of beds on offer because they were unable to service their existing capacities due to a lack of medical oxygen .

The National Capital Territory of Delhi, which includes the Indian capital New Delhi, is one of several areas that has seen rapid growth in some cases, forcing the local government to tighten restrictions in order to try to break the chain of transmission.

Logistics problem

India has adequate oxygen, but the main problem, according to Siddharth Jain, director of Inox Air Products, one of India’s leading manufacturers of industrial and medical gases, is logistics.

Jain told CNBC’s Street Signs Asia on Wednesday that the country’s oxygen manufacturers have increased production by more than 30% in the past few weeks. He said that over 9,000 tons of oxygen are available in India per day, while the consumption of medical oxygen is slightly higher than 7,500 tons.

“There is certainly a lot of oxygen. It’s just that we have to get the logistics right. It’s available in parts of India that are far from the parts of the consumption,” Jain said. He explained that most of India’s oxygen production takes place in the western and eastern states, some of which are relatively less densely populated and therefore do not require as much oxygen.

“Delhi is certainly the capital of India, but oxygen needs are nationwide,” he said, pointing out that it is difficult to get oxygen from one part of India to another.

According to Max Healthcare’s Soi, logistics have improved, but a few gaps still need to be closed.

For their part the The Indian government has stepped up efforts to streamline oxygen supplies in the country. Two medical oxygen systems were built in New Delhi within a week and funds were allocated to install 500 such systems across India over the next three months.

UNICEF chief urges the world to assist India ‘now’ as Covid circumstances soar

UNICEF Executive Director Henrietta Fore told CNBC that she was “very concerned” about the current Covid-19 crisis in India and urged the world to send urgent aid to the country.

During World Immunization Week, Fore also said it was a “race to save lives” through vaccination, especially in some of the world’s poorest countries with “very fragile” health systems.

India is in the midst of a deadly second wave of the virus. On Saturday, daily coronavirus cases in the country went over 400,000 for the first time; The total number of cases in India has now exceeded 19 million and more than 215,000 people have died of Covid in the country.

“It is worrying for a number of reasons. First, is it a forerunner of what could happen in other countries, particularly in African countries, with much weaker health systems?” Fore said last week.

“It’s worrying because their healthcare system is overwhelmed. It’s the need for oxygen and therapeutics that we just haven’t seen in this pandemic in another country of this magnitude.”

People wearing face masks wait to receive a vaccine against coronavirus disease (COVID-19) at a vaccination center in Mumbai, India, on April 26, 2021.

Niharika Kulkarni | Reuters

Fore said both UNICEF and COVAX’s global immunization program had sent aid to the country, and help from other nations made a big difference. “But it is not enough because India is part of our supply chain. So this is where we source a lot of the vaccines and we now have to help India as the world,” she added.

UNICEF is the United Nations agency responsible for helping children around the world.

“Help us now”

As a result of the Covid-19 pandemic, the world has stopped paying attention to other routine vaccinations, warned Fore. Around 60 routine vaccination campaigns have been halted around the world as countries focus on fighting the pandemic.

To address these challenges while helping recovery from the global pandemic, the World Health Organization, UNICEF, Gavi, the Vaccine Alliance and other partners are supporting a global strategy known as the Immunization Agenda 2030. The initiative aims to save 50 million lives on “an ambitious new global strategy to maximize the life-saving effects of vaccines through stronger immunization systems”.

Fore said around half of the world’s vaccinations come from routine UNICEF vaccinations for children.

“Polio, measles, yellow fever … all of these are vaccines that children need, but they are also vaccines that adults need. So we are asking families to come to primary health clinics in their own communities, bring in and have their children If you are vaccinated against these childhood diseases, you will also get a Covid vaccine and we can save 50 million lives, “she said.

When asked if she had a message for world leaders today, Fore said, “Well, help us now.”

Henrietta H. Fore, Managing Director of UNICEF on July 05, 2018 in BERLIN, GERMANY.

Ute Grabowsky / Photo library via Getty Images

“We are concerned that the world is ignoring things like routine vaccinations. We cannot lose this population, our children, to an epidemic while we worry about Covid as a pandemic for our world. Please help us now,” she said added.

Despite the ongoing global pandemic, Fore said it was time to focus on such initiatives.

“People are now realizing that vaccines are important, that vaccines work, that they save lives, and right now we are in a race to save lives,” she said.

“So if we can save them through a routine vaccination program that targets everyone in a society, both routine vaccinations and Covid will help.”

Global investment

However, Fore told CNBC that it can be difficult to focus global investments on supporting the programs.

“The Covax facility called for $ 23 billion, which sounds like a huge amount, but when you look at global GDP and opportunities, it’s a very small number,” she said.

“So they realize that we as a world can afford this, and if we could bring out vaccines for children and adults in the years to come, we would be a world that would have more justice, more fairness and better health across the board.”

Gottlieb says instances will decline, vaccinations monumental achievement

New cases of Covid-19 are falling sharply in the US as millions of people are vaccinated every day. This fuels optimism that the nation may have averted the surge in infections in other parts of the world and is finally turning the corner for worse outbreaks worldwide.

As of Saturday, the 7-day average daily new cases fell below 50,000 for the first time since October and is down 17% from the previous week, according to a CNBC analysis of data from Johns Hopkins University. Hospital stays and deaths due to the disease are also decreasing.

The cases are falling as more Americans get vaccinated. To date, more than 100 million people in the US have been fully vaccinated against Covid-19. according to to the Centers for Disease Control and Prevention or to almost a third of the population. Approximately 146 million people, or 44% of the population, have received at least one dose of vaccine.

Former Food and Drug Administration Commissioner Scott Gottlieb said Sunday that the steep decline in new Covid-19 cases in the US is likely to continue and predicted a “relatively calm summer in terms of the spread of coronavirus” .

“Look, the situation in the US continues to improve, and I think the decline in cases will accelerate in the coming weeks,” Gottlieb said on CBS News’ Face the Nation.

The doctor credited the mass vaccination campaign launched under President Donald Trump and continued under President Joe Biden to help stem the spread of the disease.

The rate of vaccine administration has decreased somewhat In the past few weeks, after having stood up for months, most of the people who were most likely to want a shot got one. However, Gottlieb said that continued vaccination, even in a slower location, will lower virus transmission.

“This was a monumental achievement – the introduction of this vaccine, the vaccination of so many Americans – and it will go on,” said Gottlieb. “We will keep working on it. The vaccination rate will slow down in the coming weeks. But we will continue to take in more people when we come into the summer.”

Dr. Anthony Fauci, White House Pandemic Advisor, recommended last week he expected a “significant reduction in the number of infections per day and a significant reduction in all parameters, namely hospitalizations and deaths” in a few weeks.

The CDC has revised its public health guidelines and said fully vaccinated people can attend small outdoor gatherings without wearing a mask.

“Today is another day when we can take a step back to normal,” said CDC director Rochelle Walensky during a press conference on the announcement. “When you are fully vaccinated things are much safer for you than those who are not fully vaccinated.”

Celebrating the fall in cases, Biden predicted that Americans could potentially get together with friends and family to celebrate July Fourth.

“After a long, tough year, this will make this Independence Day very special – where we not only mark our independence as a nation, but also begin to mark our independence from this virus,” he said in March.

Cities and states have moved in different paces in response to advances in controlling the spread of Covid-19. New York City Mayor Bill de Blasio said he intends to fully reopen the city on July 1. A prospect some experts thought plausible, while Governor Andrew Cuomo said he hoped the city could open even sooner.

Optimism has spread to the stock market, where US indices have hit near record highs.

To get a feel for what might be coming up for the US, Gottlieb said it might be helpful to check out heavily vaccinated San Francisco.

“About 71% of the people in San Francisco had at least one dose of the vaccine, 47% were fully vaccinated. They record about 20 cases a day. You have about 20 people hospitalized,” Gottlieb said.

“They have dramatically reduced Covid in this city and it is largely the result of vaccinations,” he added.

From a financial point of view, Gottlieb suggested that the profits from vaccination were “stalled” and “fairly sustainable”.

“We are entering warm months in which this will create a setback against the spread of the coronavirus, and we are securing these profits,” said Gottlieb.

More than 577,000 people have died of Covid-19 in the United States and more than 32 million have been infected. In December and January, health officials reported an average of more than 200,000 new infections per day.

Even if the health situation in the USA is on the verge of normal, it is deteriorating in other countries with fewer resources. In India, new daily events exceeded 400,000 on Saturday, a record.

Disclosure: Scott Gottlieb is a CNBC employee and a member of the boards of directors of Pfizer, genetic testing startup Tempus, health technology company Aetion Inc., and biotech company Illumina. He is also co-chair of the Healthy Sail Panel for Norwegian Cruise Line Holdings and Royal Caribbean.

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WHO says Covid pandemic is rising ‘exponentially’ at greater than 4.Four million new circumstances every week

Paramedics from Bochnia Hospital wear protective equipment when transporting a patient suffering from COVID-19 to a local hospital in Bochnia, Poland on March 17, 2021.

Omar Marques | Anadolu Agency | Getty Images

The World Health Organization said on Monday the trajectory of the Coronavirus pandemic is now growing “exponentially” with more than 4.4 million new Covid-19 cases reported in the last week.

Maria Van Kerkhove, the agency’s technical director for Covid-19, said “we are at a critical juncture in the pandemic” as some countries are easing restrictions, even if the number of new cases per week is more than eight times higher than before a year.

“This is not where we want to be in a pandemic 16 months from now, where we have demonstrated control measures. It is now the time when everyone has to take stock and do a reality check of what we have to do,” said she said during a press conference. “Vaccines and vaccinations are going online, but they are not yet available in all parts of the world.”

Covid-19 cases worldwide rose 9% last week – the seventh straight weekly increase – and the death toll rose 5%. She urged governments to help their citizens implement pandemic security measures.

Last month, WHO officials warned of a steady spike in cases and deaths in Covid-19, urging people to adhere to mask mandates and social distancing rules as the world enters a critical phase of the pandemic.

The virus is “stronger, it’s faster” as new varieties emerge that are easier to spread and more deadly than the original wild strain of the virus, Dr. Mike Ryan, the director of the WHO health emergencies program. said on March 31st. “We all have problems” and fed up with restrictive bans, he said.

India has overtaken Brazil As the second worst infected country after the United States after Covid-19 cases, the number continued to rise across India, where a Double mutant variant Researchers say it could be more contagious, has surfaced and is spreading quickly.

In the USA, B.1.1.7, the highly contagious coronavirus variant iIt is now the most common circulatory stressDr. Rochelle Walensky, director of the Centers for Disease Control and Prevention, said last week.

Hospitals are also seeing an increase in admission for young people, she said.

Walensky said the US needs to speed up its vaccination efforts, which averaged 3.1 million shots a day. “We must continue to vaccinate as many Americans as possible every day,” Walensky said, adding that new cases and deaths will decline.

WHO urged the public and world leaders to continue to adopt safety measures, including social distancing, wearing masks, washing hands and avoiding crowded rooms.

Covid circumstances are rising, hospitalizations have plateaued at the same time as vaccinations rise

Paramedic Lenny Fernandez, medical assistant Rodnay Moore, and paramedic certified Calvin Davis (left to right) prepare doses of the Pfizer COVID vaccine as the City of Vernon Health Department workers open the new clinic for the city’s mobile health unit for delivery Vaccinations used by COVID-19 against nearly 250 food processing workers at Rose & Shore, Inc. March 17, 2021 in Vernon, CA.

Al Seib | Los Angeles Times | Getty Images

Covid-19 cases are on the rise and hospital admissions in the US have increased despite the country setting a new record for coronavirus vaccine doses given in one day on Saturday.

The US had a 7-day average of 61,359 new Covid-19 cases per day on Friday, a 12% increase from last week. This comes from a CNBC analysis of the data from Johns Hopkins University.

Coronavirus daily hospital admissions steadily decreased from January to February, but now hospital admissions are on the decline. The country recorded an average of 7,790 Covid-19 hospital admissions in seven days on Thursday, up 2.6% from a week earlier, according to the Centers for Disease Control and Prevention Data.

“I remain deeply concerned about this development,” said CDC Director Dr. Rochelle Walensky during a press conference at the White House on Friday. “We have seen cases and hospital admissions that have gone from historical declines to stagnations and increases. We know from previous waves that the epidemic curve has real potential to rise again if we don’t control things now.”

The rising cases and stagnant hospital stays occur as more and more Americans are vaccinated. More than 3.4 million doses of the Covid-19 vaccine were given on Saturday, according to data Tallies recorded by the CDC. Saturday’s total broke the previous record for the most Covid-19 vaccine shots given on a day set on Friday, with 3.37 million doses reported.

The rate of vaccination is increasing rapidly with an average of seven days on Saturday of more than 2.6 million daily shots. More than 140 million Covid vaccine doses have been administered in the US since Saturday CDC.

president Joe Biden a new goal set by the administration on Thursday 200 million Coronavirus vaccine shots in his first 100 days in office.

The urge for increased vaccinations is highly contagious and possibly more deadly variants Dr. Anthony Fauci, chief medical officer for the United States White House, said on March 19 that the coronavirus variant first identified in the UK is likely to be responsible for the virus 30% of Covid infections in the US

New strains are of particular concern to public health officials as they could become more resistant to antibody treatments and vaccines. Still World health organization In February, Covid-19 vaccines said they had been shown to be effective in preventing serious illness and death in those infected.

Covid-related deaths in the US have decreased. According to a CNBC analysis of the Johns Hopkins data, the US recorded a seven-day average on Friday with 992 new coronavirus-related deaths per day, a 14% decrease from the previous week.

WHO scientist warns world is at ‘very dangerous’ stage as Covid instances rise

The world must step up its efforts to fight Covid-19 – and countries must not give up their vigilance, the chief scientist of the World Health Organization warned on Monday as Coronavirus Cases are increasing around the world.

“We are in a very risky phase,” said Dr. Soumya Swaminathan from the World Health Organization. “We have to double up, this is not the time to slack off.”

The WHO warned about this last week After six consecutive weeks of declines, new Covid-19 cases increased worldwide. More than 2.6 million new cases were reported in the last week of February, a 7% increase from the previous week, according to the health department.

The Eastern Mediterranean, Southeast Asia, Europe and America all recorded increases of between 6% and 14%.

Although vaccines are on the rise for us in the nation, we cannot give up our vigilance.

Julie Morita

Robert Wood Johnson Foundation

“This is partly due to lockdown fatigue, you know. It’s because people … maybe loosen up believing vaccines are on the way,” Swaminathan told CNBC “Squawk Box Asia” On Monday. New variants could also play a role, she added.

“We have to … do everything we know to keep these viruses under control, keep transmission under control until we have enough vaccines,” she said, warning health systems could become overloaded again.

“Health workers around the world are exhausted, they have been battling it for over a year now,” she added.

Other health professionals have also suggested that it is not time to get complacent.

Julie Morita, executive vice president of the Robert Wood Johnson Foundation, said it was important to realize that infections, hospitalizations and deaths are still high even after falling from their peaks in the US

“There is still a need for us to wear our masks, social distance, avoid large crowds while we are being vaccinated,” she told CNBC “Street Signs Asia” On Monday.

“Although vaccines are on the rise for us in the nation, we cannot give up our vigilance,” she said. “It’s way too early to relax.”