DAILY DOSE: March 25, 2021

Posted on 03/25/2021

1. Deputy ruler of Dubai Sheikh Hamdan bin Rashid died on Wednesday, March 24, 2021. He was the Minister of Finance and Industry in the UAE. Sheikh Hamdan was the second son of the late ruler Sheikh Rashid bin Saeed Al Maktoum. Sheikh Mohammed mourned the death of his brother and tweeted: “We belong to God and to Him we shall return. May God have mercy on you, my brother, my support and my companion.”

2. Pfizer starts testing its COVID-19 vaccine in children aged 6 months to 11 years. Pfizer expects Pediatric COVID vaccine study to be ready by the end of the year. Germany plans to classify France as a high COVID incidence region on Friday. AstraZeneca is planning a COVID vaccine nasal spray. Sweden to resume AstraZeneca COVID vaccinations with recommendations for people 65 and up. Danish Health Authority confirms Denmark’s continued suspension of the AstraZeneca COVID shot.

Coronavirus cases in the U.S. are rising again, reversing course after months of decline. The 7-day average of new cases jumped to 57,695 Wednesday, 9.5% above the prior week, marking the biggest increase since January 12, 2021, according to Johns Hopkins University data.

3. Iran government fired a missile at an Israeli-owned ship in the Arabian Sea.

4. 237 ships are waiting in the Suez Canal over blockage from the 400-meter Ever Given ship. The vessel is operated by Taiwanese transport company Evergreen Marine. Shoei Kisen Kaisha, Ltd. is the owner of the ship. Roughly 30% of the world’s shipping container volume transits through the 193 kilometers Suez Canal daily.

5. Summer interns at Jefferies in the U.S. will work remote (virtual).

6. NYC Mayor Bill De Blasio says Broadway shows will return to NYC in September 2021.

7. According to a survey by the American Institute of CPAs, in the coming year, more than one-in-five company executives expect a reduction in office space. About 72% of executives said their organizations didn’t plan to downsize. Some businesses are mired in long-term leases without escape clauses so are unable to adjust.

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