The heavily mutated Omicron variant has sparked concerns that it may evade the protection of vaccines – but there have also been suggestions the new version of the coronavirus may be less virulent.
Scientists currently have little data to go on, so hopes the new variant is not as likely to cause serious illness rests largely on reports from doctors in South Africa who treated early Omicron cases.
It will probably be weeks before researchers fully understand Omicron’s pathogenicity, transmissibility and ability to cause illness, even in vaccinated people.
But if it does represent a more mild form of the coronavirus, it could mean that the pandemic follows a pattern seen elsewhere, in which infections become endemic but less severe over time.
“If you think about the extremes, a virus that kills 90 percent of the people it infected would very quickly run out of people. It won’t have anywhere to go,” said Prof Ian Jones, a virologist at the University of Reading in the UK.
“On the other hand, a virus that you hardly notice you have, but was transmitted easily, would be transmitted over time. The tendency is for viruses to lose virulence and cause less severe disease. They become endemic.”
The idea that pathogens tend to become milder as time goes on, sometimes called the law of declining virulence, is often attributed to Theobald Smith, a celebrated American research scientist of the 19th and 20th centuries.
According to the theory, viruses spread more effectively if they replicate quickly but do not cause severe disease, at least in the early stages of infection. This is because if the hosts remain well, they can mix with others and spread the pathogen.
Several disease outbreaks appear to tie in with Mr Smith’s theory.
Among those often quoted are the “Spanish flu” pandemic of 1918, which is thought to have killed tens of millions of people around the globe. Some have suggested the virus gradually became less dangerous as the pandemic continued into 1920, when it ended.
Another example concerns a coronavirus that infects people, OC43. This may have caused the “Russian flu” pandemic of the late 19th century, which is blamed for at least one million deaths. Today, OC43 is much less deadly, as it is one of several viruses that causes the common cold.
While Mr Smith’s idea gained wide acceptance, in recent decades researchers have put forward other models that suggest a more varied range of scenarios, in which evolution towards reduced pathogenicity is not inevitable.
Among the ideas is that if pathogens are durable outside their host, they may be successful when they are both highly transmissible and virulent. Durability allows them to survive outside of their host for extended periods before finding a new host.
The myxoma virus, the cause of myxomatosis in rabbits, while often cited as a case where virulence has declined over time, may actually represent a more mixed picture.
Introduced to Australia, France and the UK in the 1950s, it initially caused devastation among rabbit populations, although as time continued, more rabbits survived infection.
This has been put down to both reduced virulence from the virus and increased resistance in the rabbit populations.
Researchers at the University of Oxford who published a study in 2019 tracing the evolution of rabbits in relation to myxomatosis noted, however, that more virulent strains of the virus have emerged in recent times. There is, they said, an ongoing “arms race” between the virus and the rabbit population.
Evidence so far with the coronavirus has suggested to some scientists that it is not becoming less harmful.
For example, as well as being highly transmissible, the Delta variant has been associated with a higher rate of hospital admissions (and transmissibility) than the Alpha variant, which emerged earlier.
Because the coronavirus spreads most readily in the early stages of disease, before severe symptoms develop, there may be little evolutionary pressure for it to become less virulent. Even if people subsequently fall severely ill and even die, the hypothesis suggests, the virus will already have spread.
According to Dr Andrew Freedman, an infectious diseases specialist at Cardiff University, in terms of evolution “it’s not inevitable” that the coronavirus will cause milder infections as time goes on.
“Mutations can make it more transmissible and virulent in the worst-case scenario,” he said.
If the coronavirus becomes endemic and milder over time, vaccination and natural infection (which confers immunity) are, he said, likely to be the key factors.
Prof Jones also emphasised the importance of widespread immunity in ending the pandemic.
“What will happen over time, the edge of the disease will fade further, as long as immunity is maintained,” he said.
In any case, Prof Jones said that, for the moment, it was unclear whether the Omicron variant causes less severe infection.
While doctors in South Africa have highlighted that cases have been mild, “exact data” has yet to be collected.
“Until we see a huge number of infections, I don’t see it’s a realistic assessment, especially in South Africa, where quite a lot of cases are not reported accurately,” he said.
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
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- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
New schools in Dubai
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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Dubai works towards better air quality by 2021
Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.
The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.
These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.
“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.
“We’re in a good position except for the cases that are out of our hands, such as sandstorms.
“Sandstorms are our main concern because the UAE is just a receiver.
“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”
Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.
There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.
“There are 25 stations in total,” Mr Al Daraji said.
“We added new technology and equipment used for the first time for the detection of heavy metals.
“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”
Sholto Byrnes on Myanmar politics
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Abu Dhabi racecard
5pm: Maiden (Purebred Arabians); Dh80,000; 1,400m.
5.30pm: Maiden (PA); Dh80,00; 1,400m.
6pm: Sheikh Zayed bin Sultan Al Nahyan National Day Cup (PA); Group 3; Dh500,000; 1,600m.
6.30pm: Sheikh Zayed bin Sultan Al Nahyan National Day Cup (Thoroughbred); Listed; Dh380,000; 1,600m
7pm: Wathba Stallions Cup for Private Owners Handicap (PA); Dh70,000; 1,400m.
7.30pm: Handicap (PA); Dh80,000; 1,600m
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Other acts on the Jazz Garden bill
Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
Total eligible population
About 57.5 million people
51.1 million received a jab
6.4 million have not
Where are the unvaccinated?
England 11%
Scotland 9%
Wales 10%
Northern Ireland 14%