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U.K. Vaccination Plan Puts Elderly First but Delays Possible Herd Immunity

LONDON—In the race concerning vaccine and virus, the U.K.—like other Western countries—has prioritized inoculating aged people today 1st, calculating that these types of a method will greatly cut Covid-19 fatalities even if it won’t cease the disease’s unfold.

The federal government estimates that if it vaccinates just about a fifth of the population it can guard extra than 4-fifths of those people most at hazard of dying from Covid-19.

But the method has an critical consequence: By hoping to guard the people today most susceptible to the virus relatively than younger, operating-age people today, limits on everyday lifetime could past many months right before herd-immunity thresholds are attained in the broader population that could support crush the pandemic.

The British technique aims to use at the moment scarce vaccines to concentrate on those people most at hazard of ending up in the medical center and dying, and by performing so

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SEC Backs NYSE Plan for Non-Traditional IPOs

In a major move to encourage more companies to go public, the U.S. Securities and Exchange Commission has approved a New York Stock Exchange plan to allow issuers to raise new capital through a “direct” listing.

The rule change announced on Tuesday will give companies an alternative to the traditional public offering, enabling them to list their shares without having to pay hefty fees to Wall Street underwriters.

Previously, the SEC only allowed companies to sell existing shares through a direct listing, not raise new capital.

NYSE President Stacey Cunningham said the SEC had approved a crucial innovation for private companies breaking into public markets.

“Some of them will continue to choose a traditional IPO but others will have this as an alternative if they want to reduce their cost of capital and they want to have a democratized access to their company on the first day,” she told CNBC.

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