The new COVID-19 Omicron variant is slowing down the economy again, and several analysts have already cut their GDP forecasts for the U.S. See: Omicron Update: COVID Variant Spread Triggers Thousands.
The Allahabad High Court has urged the Election Commission of India (ECI) and Prime Minister Narendra Modi to consider postponing the 2022 Assembly elections in Uttar Pradesh by a month or two in the wake of the rising cases of Covid-19 cases caused by the new Omicron variant.