WHO says Omicron poses a ‘very high’ risk globally


The WHO said on Monday the Omicron coronavirus variant carried a very high risk of infection surges as more countries closed their borders and reported cases of the new strain.

The emergence of Omicron has also revived worries about the economic recovery from the two-year pandemic.

Battered stocks and oil prices recovered somewhat after a day of panic last week, however, as hopes grew that the variant might prove to be milder than initially feared.