News Beyond Markets || Which Coronavirus Variant Is Behind The Latest Outbreak In Melbourne?

Welcome to News Beyond markets – a special show that will get you all the news that matters to kickstart your day.  

• First up on news that matters is an update on the deadly coronavirus outbreak. Australia's Victoria state authorities said on Friday that a genomic sequencing has been detected for the first time in the state.  The Delta COVID-19 virus variant is among infections in the latest virus outbreak in the state capital of Melbourne. 

• Victoria state Chief Health Officer Brett Sutton said that the new variant is the Delta variant, which is now infamous in India and is increasingly found in the United Kingdom. It is a variant of significant concern. 

• An Australian court has ordered a dozen media firms to pay a total of A$1.1 million in fines for breaching a suppression order. The suppression order was on reporting the conviction of former Vatican treasurer George Pell for child sexual assault. 

• The 12 media outlets, mostly owned by Nine Entertainment Co and Rupert Murdoch's News Corp, were pleaded guilty in February for breaching the gag order on reporting on the trial and conviction of the cardinal.

• Regulators in Australia are reiterating the importance of ensuring a timely transition away from the London Interbank Offered Rate. This requires ceasing the use of LIBOR in new contracts before the end of 2021.

• Pell's conviction for abusing two choirboys was overturned in April last year after he was jailed for more than a year. He was the most senior Catholic church official to have gone to prison for child sex assault. 


Disclaimer
The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK