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3:25 PM ET, November 26, 2021

memeorandum

 Top Items: 
CNBC:
Dow drops 800 points as new Covid variant sparks market sell-off  —  U.S. stock dropped on Friday on renewed Covid fears over a new variant found in South Africa.  —  The Dow Jones Industrial Average dropped 800 points, or more than 2%, while the S&P 500 and Nasdaq Composite slid 1.4% and 0.9%, respectively.
RELATED:
Kaitlan Collins / CNN:
Biden to restrict travel from South Africa and seven other countries starting Monday  —  Fauci: New Covid variant spreading in fluid motion in South Africa  —  (CNN)President Joe Biden will restrict travel from South Africa and seven other countries starting Monday as a new coronavirus variant has emerged …
Washington Post:
Countries move to cut air links with southern Africa amid news of virulent new coronavirus variant  —  LONDON — As alarm over a new, possibly more infectious coronavirus variant spread around the world, France, Britain, Japan and Israel began to ban or order quarantines for air passengers arriving from the southern African region.
The White House:
Statement by President Joe Biden on the Omicron COVID-⁠19 Variant  —  This morning I was briefed by my chief medical advisor, Dr. Tony Fauci, and the members of our COVID response team, about the Omicron variant, which is spreading through Southern Africa.
Discussion: Boston Herald and Forbes
Reuters:
Fauci says U.S. must study data before deciding on travel ban over new COVID-19 variant … Top U.S. infectious disease official Dr. Anthony Fauci said on Friday that a ban on flights from southern Africa was a possibility and the United States was rushing to gather data on the new COVID-19 variant.
Wall Street Journal:
Stock Futures, Oil Drop on Concerns Over New Covid-19 Variant  —  Treasury yields slide as investors shed riskier assets and pile into havens  —  Stocks, oil prices and government-bond yields slumped after South Africa raised the alarm over a fast-spreading strain of the coronavirus …
Myah Ward / Politico:
Biden admin announces travel ban for South Africa and 7 other countries, citing new variant  —  The travel restrictions will begin Monday, according to a senior administration official.  —  People line up to get on the Air France flight to Paris at OR Tambo International Airport in Johannesburg, South Africa, on Friday.
David L. Stern / Washington Post:
Ukraine's Zelensky alleges Russia plotting coup against him for next week  —  KYIV, Ukraine — Ukrainian President Volodymyr Zelensky said Friday that a group of Russian and Ukrainians is planning to stage a coup d'etat in Ukraine next month and that the plotters are trying to enlist the help …
RELATED:
Amir Tibon / Haaretz:
Three Years Late, Israelis Finally Hear the Truth About Trump  —  Netanyahu's former Mossad chief, defense minister and IDF commander are speaking out on Trump's departure from the Iran deal, years after the then-prime minister celebrated it  —  When Donald Trump decided to withdraw …
Roni Caryn Rabin / New York Times:
Texas Abortion Law Complicates Care for Risky Pregnancies  —  Doctors in Texas say they cannot head off life-threatening medical crises in pregnant women if abortions cannot be offered or even discussed.  —  A few weeks after Texas adopted the most restrictive abortion law in the nation …
Brian Schwartz / CNBC:
Trump and his allies have embraced, promoted and counseled Kyle Rittenhouse since his acquittal  — Some prominent conservatives have worked to make a hero out of Kyle Rittenhouse, 18, who was acquitted a week ago of homicide in deadly shootings during protests last year in Wisconsin.
Lian Buan / Rappler:
Calida blocks Maria Ressa's travel for Nobel Prize: She's a ‘flight risk’  —  Calling the Rappler CEO a “flight risk,” Solicitor General Jose Calida has filed an opposition with the Court of Appeals (CA) seeking to bar Maria Ressa from traveling to Oslo, Norway, in December to personally receive her Nobel Peace Prize.
RELATED:
Declan Walsh / New York Times:   Ethiopian Leader Vows to Lead Troops as War Threatens to Widen
CNN:
Trump pulls strings behind the scenes to help loyal 2022 candidates  —  Trump endorses Rep. Mo Brooks for Alabama Senate seat  —  (CNN)Former President Donald Trump has taken his involvement in 2022 Republican primaries to a new level as he works to permanently mold the GOP in his image.
Politico:
Renters strike back as cities cap price hikes by landlords  —  As the cost of housing soars, one old idea is starting to get traction with voters: rent control.  —  Voters in Minneapolis and St. Paul this month approved ballot initiatives to enable the Twin Cities to cap rent increases.
 
 
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 More Items: 
Wall Street Journal:
Turks Abandon the Lira for Dollars as Currency Crisis Deepens
Wall Street Journal:
Biden's Covid Death Milestone
Discussion: Summit News, Page Array and Breitbart
Jacqueline Alemany / Washington Post:
Stephen K. Bannon files motion to request all documents in court case be made public
Discussion: POLITICUSUSA
Alison Sider / Wall Street Journal:
U.S. Travel Hit Pandemic High Ahead of Thanksgiving Holiday
Discussion: TalkLeft
Christopher Flavelle / New York Times:
Saving History With Sandbags: Climate Change Threatens the Smithsonian
Merck.com:
Merck and Ridgeback Biotherapeutics Provide Update on Results from MOVe-OUT Study of Molnupiravir, an Investigational Oral Antiviral Medicine, in At Risk Adults With Mild-to-Moderate COVID-19
 Earlier Items: 
Rebecca Shabad / Reuters:
As new debt limit showdown looms, lawmakers consider long-term solutions
Washington Post:
As cases climb in Americas, health agency warns Europe's covid surge could be ‘window into the future’
Discussion: Cafe Hayek and Political Wire
New York Post:
Facebook declared Kyle Rittenhouse guilty, silencing his defense in the court of public opinion
NPR:
Canada taps into strategic reserves to deal with massive shortage ... of maple syrup
Discussion: New York Post
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

The Linux Foundation:
A survey of 501 organizations globally estimates organizations contribute $7.7B annually to open source software and 86% of contribution value is employee labor

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing
 
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