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Marketplace®

Daily business news and economic stories
Nov 29, 2022

Markets react positively as China vows to boost vaccination rate

From the BBC World Service: Beijing vowed today to boost the COVID vaccination rate for people 80 and older. Brazil’s president-elect has presented a new budget to Congress, which circumvents the nation’s strict budget ceiling rules. And this year marks the 25th anniversary of the opening of the Guggenheim Museum in the city of Bilbao, in northern Spain. Perhaps its biggest legacy is a phenomenon now known as the “Guggenheim effect” – when a single iconic building helps to drive urban regeneration.

BEIJING, CHINA - NOVEMBER 29: Epidemic control workers who perform nucleic acid tests wear PPE to prevent the spread of COVID-19 as they walk in an area where communities are in lockdown on November 29, 2022 in Beijing, China. In recent days, China has been recording its highest number of daily COVID-19 cases since the pandemic began, as authorities are sticking to their strict zero tolerance approach to containing the virus with lockdowns, mandatory testing, mask mandates, and quarantines as it struggles to contain outbreaks.In an effort to try to bring rising cases under control, the government last week closed most stores and restaurants for inside dining, switched  schools to online studies, and told people to work from home among other measures. (Photo by Kevin Frayer/Getty Images)
BEIJING, CHINA - NOVEMBER 29: Epidemic control workers who perform nucleic acid tests wear PPE to prevent the spread of COVID-19 as they walk in an area where communities are in lockdown on November 29, 2022 in Beijing, China. In recent days, China has been recording its highest number of daily COVID-19 cases since the pandemic began, as authorities are sticking to their strict zero tolerance approach to containing the virus with lockdowns, mandatory testing, mask mandates, and quarantines as it struggles to contain outbreaks.In an effort to try to bring rising cases under control, the government last week closed most stores and restaurants for inside dining, switched schools to online studies, and told people to work from home among other measures. (Photo by Kevin Frayer/Getty Images)

The Team