Daily roundupWednesday's key coronavirus developments from Luxembourg and abroad
Find all of today's most important Covid developments both at home and abroad in one place.
Starting with Luxembourg
- Luxembourgish hospitals are entering phase 3, meaning less urgent interventions may be rescheduled.
- Budget reporter Dan Biancalena’s introductory speech on Tuesday laid out his priorities for the budget, putting a particular focus on security.
- The rise in cases has led to a number of event cancellations throughout the country. You can check our up to date article of cancelled events here.
And abroad
- China’s economy bounced back quickly from the pandemic after authorities contained Covid-19 with strict border controls and targeted lockdowns, but the recovery has been losing steam this year.
- Asian markets mostly fell Wednesday as investors nervously awaited the outcome of the Federal Reserve’s latest policy meeting, where it is expected to announce a speedier withdrawal of its massive financial support just as the Omicron variant fans concerns about the economic recovery.
- British inflation has rocketed to its highest level for more than 10 years on broad-based price gains, data showed on Wednesday, sparking fears that wages will fail to keep pace on the eve of a Bank of England interest rate decision.