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Oil prices rise after Omicron sell-off

New York, U.S. | Xinhua | Oil prices rose on Tuesday, trying to recover from the prior session’s sell-off driven by Omicron fears. The West Texas Intermediate for February delivery added 2.51 U.S. dollars, or 3.7 percent, to settle at 71.12 dollars a barrel on the New York Mercantile Exchange. Brent …

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Washington’s fixation on sanctions

Washington’s fixation with sanctions has little to do with their efficacy and everything to do with something else: American decline Washington, U.S. | Xinhua | Washington has “become addicted to sanctions” like a 5-year-old child who “is addicted to candy,” a U.S. columnist has said. “If there is one tool policymakers …

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European Commission authorizes fifth vaccine against COVID-19

Brussels, Belgium | Xinhua | The European Commission on Monday granted conditional marketing authorization for Nuvaxovid, the fifth COVID-19 vaccine authorized in the European Union (EU). The authorization of the vaccine, developed by Novavax, followed a scientific recommendation based on an assessment of the safety, effectiveness and quality of the vaccine …

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Oil prices drop as Omicron spread clouds demand outlook

New York, U.S. | Xinhua | Oil prices fell sharply on Monday as a rapid spread of the Omicron variant dampened the prospects of fuel demand. The West Texas Intermediate for January delivery lost 2.63 U.S. dollars, or 3.7 percent, to settle at 68.23 dollars a barrel on the New York …

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COVID-19 virus harms human immune system: Research

Jerusalem, Israel | Xinhua | Israeli researchers have found that SARS-CoV-2, the virus that causes COVID-19, harms the human immune system, Ben-Gurion University (BGU) in southern Israel said on Monday. In a genetic study published in the journal iScience, BGU researchers tried to find out what causes the “stormy” nature of …

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