German Infection Rate Holds Below Key Threshold, Cases Steady
(Bloomberg) -- Germany's coronavirus infection rate held below the key threshold of 1.0 for a sixth day, and the number of new cases remained far fewer than the level at the height of the outbreak.
- The reproduction factor -- or R value -- edged up to 0.74 on Monday, from 0.71 the previous day, according to the latest estimate by the country's health body, the Robert Koch Institute. This is far from the infection rates seen last week, when local outbreaks and increased testing lifted the number as high as 2.88.
- The current estimate means that out of 100 people infected, a further 74 are likely to contract the virus. A number below 1.0 is seen as preventing exponential growth in the number of cases and a second wave of infections.
- There were 349 new cases in the 24 hours through Tuesday morning, up from 235 the previous day and bringing the total to 195,042, according to data from Johns Hopkins University. That compares with almost 7,000 at the peak of the pandemic in late March.
- There were 8 new fatalities, with the total number of deaths rising to 8,976.
- The jump in the infection rate this month was driven by local outbreaks, including in two municipalities in the western state of North Rhine-Westphalia near a meat plant where most of the workers contracted the virus.
- Due to the low number of cases in Germany, local incidents have a relatively strong influence on the reproduction number, according to the RKI.
- “For this reason, the reproduction numbers may continue to fluctuate markedly,” the institute said.
- The RKI also provides a seven-day R value designed to compensate for fluctuations. That value was 0.63 on Monday, down from 0.71 the previous day.
©2020 Bloomberg L.P.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.