President Joe Biden warned that the Omicron variant of coronavirus will enter the United States, and is a cause for concern, but told the nation not to get panic over the possibility.
Providing an update about the new Covid variant first identified last week in Southern Africa, Biden said, "The very day the World Health Organization identified the new variant, I took immediate steps to restrict travel from countries in Southern Africa. But while travel restrictions can slow the speed of Omicron, it cannot prevent it".
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Health News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.