Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > WHO’s top scientist says Omicron could displace Delta
    Top Stories

    WHO’s top scientist says Omicron could displace Delta

    WHO’s top scientist says Omicron could displace Delta

    Published by Jessica Weisman-Pitts

    Posted on December 3, 2021

    Featured image for article about Top Stories

    By Francesco Guarascio and Stephanie Nebehay

    (Reuters) -The World Health Organization’s chief scientist told the Reuters Next conference on Friday the Omicron variant could become dominant because it is highly transmissible, but that a different vaccine may not be needed.

    Soumya Swaminathan also said it was too early to say whether Omicron is milder than other variants of the coronavirus that causes COVID-19 and cast doubt over its origin, saying it was far from certain it emerged in southern Africa.

    “It is possible that it could become (the) dominant variant,” Swaminathan said, adding that it was however impossible to predict. The Delta variant now accounts for 99% of infections globally, she said.

    Scientists in the European Union and Australia are forecasting that Omicron may account for more infections than Delta within a few months.

    She said Omicron “was highly transmissible” and cited data from South Africa showing the number of cases doubling daily.

    “How worried should we be? We need to be prepared and cautious, not panic, because we’re in a different situation to a year ago,” Swaminathan said in an interview.

    She said the WHO could not at this stage say that Omicron was a mild variant, even if many infections so far have been associated with less severe symptoms or no symptoms at all.

    There is not yet conclusive evidence about Omicron’s impact on the effectiveness of antibodies.

    “It does seem to be able to overcome some of the natural immunity from previous infection,” the world health body’s top scientist said, but added that vaccines did seem to be having an effect.

    “The fact that they’re not getting sick … that means the vaccines are still providing protection and we would hope that they would continue to provide protection,” Swaminathan said.

    VACCINE AGAINST ALL CORONAVIRUSES?

    Swaminathan was cautious about the need to upgrade existing vaccines, noting that a booster of existing shots might be enough against Omicron.

    “It’s possible that the vaccines will work. It’s possible that you may need initially an extra dose to boost immune response,” she said.

    A WHO technical advisory group is trying to work out if a new type of vaccine be needed against Omicron, she added.

    Speaking to Reuters Next earlier in the day, BioNTech CEO Ugur Sahin said his company would be able to adapt its vaccine relatively quickly in response to Omicron and the next few weeks would show how urgently an upgrade was needed.

    “I believe in principle at a certain timepoint we will need a new vaccine against this new variant,” Sahin said.

    Asked about the need for annual vaccine boosters, Swaminathan said “the WHO is preparing for all scenarios”, which could include an additional dose, particularly among some age groups or vulnerable sections of the population.

    But she added: “Natural infection acts as a booster.”

    UNKNOWN ORIGIN

    Swaminathan, a qualified paediatrician from India, raised doubts about the origin of the new variant, which was first detected in southern Africa, where the highest number of cases is also being recorded.

    “Where did it originate? We don’t know,” she said noting it could have originated in countries which do not have enough genomic sequencing.

    “We may never know.”

    Flight bans by some countries targeting southern Africa were unfair, Swaminathan said, adding that the variant had been identified in South Africa “because of the excellent genomic sequencing and surveillance” there.

    “We feel terrible that they have been punished for it.”

    The WHO has said travel curbs can buy time but are not the way to fight the Omicron variant, urging countries to boost healthcare capacity and vaccinate their populations.

    Swaminathan also urged more equity in the distribution of COVID-19 vaccines and tests.

    Asked whether the Omicron variant may not have emerged if Africa had received and administered more vaccines, she said: “Absolutely.”

    “There is a clear relationship between inequity in access to vaccines and the development of variants,” Swaminathan said.

    To watch the Reuters Next conference please register here https://reutersevents.com/events/next

    (Reporting by Francesco Guarascio, Stephanie Nebehay and Josephine Mason; Writing by Keith Weir and Alexander Smith; Editing by Catherine Evans)

    By Francesco Guarascio and Stephanie Nebehay

    (Reuters) -The World Health Organization’s chief scientist told the Reuters Next conference on Friday the Omicron variant could become dominant because it is highly transmissible, but that a different vaccine may not be needed.

    Soumya Swaminathan also said it was too early to say whether Omicron is milder than other variants of the coronavirus that causes COVID-19 and cast doubt over its origin, saying it was far from certain it emerged in southern Africa.

    “It is possible that it could become (the) dominant variant,” Swaminathan said, adding that it was however impossible to predict. The Delta variant now accounts for 99% of infections globally, she said.

    Scientists in the European Union and Australia are forecasting that Omicron may account for more infections than Delta within a few months.

    She said Omicron “was highly transmissible” and cited data from South Africa showing the number of cases doubling daily.

    “How worried should we be? We need to be prepared and cautious, not panic, because we’re in a different situation to a year ago,” Swaminathan said in an interview.

    She said the WHO could not at this stage say that Omicron was a mild variant, even if many infections so far have been associated with less severe symptoms or no symptoms at all.

    There is not yet conclusive evidence about Omicron’s impact on the effectiveness of antibodies.

    “It does seem to be able to overcome some of the natural immunity from previous infection,” the world health body’s top scientist said, but added that vaccines did seem to be having an effect.

    “The fact that they’re not getting sick … that means the vaccines are still providing protection and we would hope that they would continue to provide protection,” Swaminathan said.

    VACCINE AGAINST ALL CORONAVIRUSES?

    Swaminathan was cautious about the need to upgrade existing vaccines, noting that a booster of existing shots might be enough against Omicron.

    “It’s possible that the vaccines will work. It’s possible that you may need initially an extra dose to boost immune response,” she said.

    A WHO technical advisory group is trying to work out if a new type of vaccine be needed against Omicron, she added.

    Speaking to Reuters Next earlier in the day, BioNTech CEO Ugur Sahin said his company would be able to adapt its vaccine relatively quickly in response to Omicron and the next few weeks would show how urgently an upgrade was needed.

    “I believe in principle at a certain timepoint we will need a new vaccine against this new variant,” Sahin said.

    Asked about the need for annual vaccine boosters, Swaminathan said “the WHO is preparing for all scenarios”, which could include an additional dose, particularly among some age groups or vulnerable sections of the population.

    But she added: “Natural infection acts as a booster.”

    UNKNOWN ORIGIN

    Swaminathan, a qualified paediatrician from India, raised doubts about the origin of the new variant, which was first detected in southern Africa, where the highest number of cases is also being recorded.

    “Where did it originate? We don’t know,” she said noting it could have originated in countries which do not have enough genomic sequencing.

    “We may never know.”

    Flight bans by some countries targeting southern Africa were unfair, Swaminathan said, adding that the variant had been identified in South Africa “because of the excellent genomic sequencing and surveillance” there.

    “We feel terrible that they have been punished for it.”

    The WHO has said travel curbs can buy time but are not the way to fight the Omicron variant, urging countries to boost healthcare capacity and vaccinate their populations.

    Swaminathan also urged more equity in the distribution of COVID-19 vaccines and tests.

    Asked whether the Omicron variant may not have emerged if Africa had received and administered more vaccines, she said: “Absolutely.”

    “There is a clear relationship between inequity in access to vaccines and the development of variants,” Swaminathan said.

    To watch the Reuters Next conference please register here https://reutersevents.com/events/next

    (Reporting by Francesco Guarascio, Stephanie Nebehay and Josephine Mason; Writing by Keith Weir and Alexander Smith; Editing by Catherine Evans)

    Related Posts
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Top Stories

    Explore more articles in the Top Stories category

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    View All Top Stories Posts
    Previous Top Stories PostBioNTech CEO says vaccine upgrade on the cards, ready to move quickly
    Next Top Stories PostWHO chief scientist urges people not to panic over Omicron