🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

Moscow to close bars and restaurants overnight as Russia's COVID-19 cases climb

Published 2020-11-10, 08:34 a/m
© Reuters. Russian President Putin attends a summit of leaders of the Shanghai Cooperation Organisation in Sochi
PFE
-

MOSCOW (Reuters) - Bars, clubs and restaurants in Moscow face two months of overnight closures to reduce the spread of COVID-19, Mayor Sergei Sobyanin said on Tuesday, as Russia's daily tally of cases exceeded 20,000.

Authorities have been adamant that severe lockdown restrictions, like those seen in the spring, will not be introduced, even as infections have soared to record daily highs and the official death toll from the virus has crept past 31,000.

Russia is already testing two vaccines against the virus and is on the cusp of registering a third, President Vladimir Putin said on Tuesday, adding that all of the country's vaccines were effective.

Russia is rolling out its Sputnik V vaccine for domestic use despite the fact that late-stage trials have not yet finished, and on Monday said it was more than 90% effective, following earlier comments by vaccine developers Pfizer Inc (NYSE:PFE) and BioNTech, who said the same of their experimental COVID-19 vaccine.

"Studies have already shown and confirmed that, firstly, these vaccines are safe and have no serious side-effects after use, and secondly, they are all effective," said Putin via video conference at a Shanghai Cooperation Organization (SCO) summit meeting, the RIA news agency reported.

Russia's vaccine efficacy was based upon data collated from vaccinations of the public, rather than from an ongoing trial.

Putin also said Moscow was ready to cooperate on coronavirus vaccines with other countries.

Moscow Mayor Sobyanin said entertainment venues, including restaurants, bars and nightclubs would be forbidden from serving customers between 11 p.m. and 6 a.m. from Nov. 13 until Jan. 15, with a member of his office warning that raids would be conducted and fines imposed on those that fail to comply.

Educational institutions, theatres and sports venues would also face heightened restrictions, he said.

University and college students would switch to online learning, while it was recommended that other school children, already learning from home, keep travel around town to a minimum.

"Additional restrictions are required in order to, as far as possible, break the chains of virus transmission and lower the level of infection," Sobyanin said, writing on his personal website.

Russia on Tuesday reported 20,977 new coronavirus infections and 368 deaths. At 1,817,109, its overall case tally is the fifth largest in the world, behind the United States, India, Brazil and France.

© Reuters. Russian President Putin attends a summit of leaders of the Shanghai Cooperation Organisation in Sochi

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.