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President Alberto Fernández during the opening session of the 139th period of the Argentine Congress on March 1 in Buenos Aires, Argentina. Photo: Natacha Pisarenko - Pool/Getty Images

Argentina's President Alberto Fernández announced Saturday that he's tested positive for COVID-19.

Of note: Fernández received his first dose of Russia’s Sputnik V coronavirus vaccine on Jan. 21 and the second on Feb. 11, per the Wall Street Journal.

  • The president's doctor, Federico Saavedra said in a statement released to news outlets, "The clinical picture is mild due in large part to the protective effect of the vaccine received."

For the record: Argentina became last December the joint-first country outside of Russia to begin vaccinating people with the Sputnik V vaccine.

  • Peer-reviewed analysis of a large clinical trial published last February found the vaccine demonstrated nearly 92% efficacy against symptomatic cases of COVID-19.
  • Two studies published last month found fully vaccinated people can still contract the virus, though it's pretty rare.

By the numbers: Argentina health officials have administered single coronavirus vaccine doses to about 7% of the population of 45 million and 1.5% received both shots, per the WSJ.

The big picture: COVID-19 cases are increasing in Argentina, which reported has reported more than 82,100 cases in the past week, according to Johns Hopkins.

  • The Argentine government last week suspended flights from Brazil, Mexico and Chile in an attempt to prevent coronavirus variants from entering the country.

Go deeper

Updated 20 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Vaccines: Los Angeles County to require vaccination proof at indoor bars — France suspends 3,000 unvaccinated health workers without pay — Moderna suggests booster shots, citing clinical data.
  2. Health: 1 in 500 Americans has died — Cases are falling, but deaths are rising — Study: Gaps in data on Native Hawaiians, Pacific Islanders alarming amid COVID.
  3. Politics: Gottlieb says CDC hampered U.S. response — 26 states have limited state or local officials' public health powers — Axios-Ipsos poll: 60% of voters back Biden vaccine mandates.
  4. Education: Denver looks to students to close Latino vaccination gap — Federal judge temporarily blocks Iowa's ban on mask mandates in schools — Massachusetts activates National Guard to help with school transportation.
  5. Variant tracker: Where different strains are spreading.

Updated CDC guidance says vaccinated people are free to travel

Illustration: Annelise Capossela/Axios

Fully vaccinated people can travel domestically and internationally without having to show a negative COVID-19 test or quarantining, but are still recommended to wear a mask and follow public health precautions, according to updated guidance from the Centers for Disease Control and Prevention.

Why it matters: It's a major incentive for Americans to get vaccinated that will also provide a boost to the U.S. travel industry, which has been financially hammered by the pandemic over the past year.

The consumer's massive "war chest"

Illustration: Megan Robinson/Axios

Economists expect the pace of economic growth to cool off now that government transfer payments like stimulus checks and emergency unemployment benefits are in the rearview mirror. But evidence suggests that the U.S. consumer is sitting on a lot of financial firepower that could be a key driver of growth in the quarters to come.

Why it matters: U.S. consumer spending is massive, representing about 70% of GDP.

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