Covid-19

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#81
The coronavirus outbreak is crushing Bangladesh’s garment export with growing order cancellations
https://www.cnbc.com/2020/03/27/coronavi...tions.html


MCO: Penang public health inspectors chase people off the streets
https://www.youtube.com/watch?v=c7rHcJEyA-Y


Coronavirus: importers warn Hong Kong consumers that fruits, vegetables and seafood flown into city will soon cost more amid air freight struggles
https://www.scmp.com/news/hong-kong/hong...-consumers
You can find more of my postings in http://investideas.net/forum/
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#82
Coronavirus: What impact will the economic fallout from the Covid-19 pandemic have on you?
https://www.youtube.com/watch?v=eX8N0u2iCLo


Locked down India struggles to feed its homeless
https://www.bbc.com/news/video_and_audio...s-homeless


This Is How Many Planes Are Grounded Around the World
https://www.bloomberg.com/opinion/articl...nd=opinion
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#83
After reading a FB post about the experience of a pastor being served QO as a result of being in close contact with a confirmed case, I am starting to re-look at the situation differently. I have been dining out as usual instead of a quick takeout / takeaway(I do believe in eating well (e.g. rainbow diet) to boost immunity as part of "total" defense) but recently, I noted that some restaurants are starting to take down the contact particulars of diners. It has now occured to me - it is likely that I will be served QO if more than 1 diner / food server in the eating place is tested positive.

In the case of PCF, all staff and children will be placed on quarantine after 1 confirmed case with several becoming unwell.
https://www.straitstimes.com/singapore/c...-for-a-day

In the event of a QO, it wld probably mean going online to buy food quite often, and occassionally for essentials. Having tried food delivery services (only a few times in the days following my lasik surgery), my experience thus far indicates it is usually a tad more expensive than dining out. The food choices are also location dependent.

What if a person is unfortunate enough to be served QO several times in the course of the next few months(for being in contact with confirmed cases - be it in office colleagues, outside or family members). Other than inconvenience(family, self, job), it may also mean extra expenses.

Perhaps, it is just as well that the latest advisory is to avoid going out for non-essential trips.
https://www.straitstimes.com/singapore/c...curb-local
https://www.moh.gov.sg/covid-19/faqs

I will probably be limiting my exposure outside more than ever now.
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#84
(28-03-2020, 09:24 PM)dreamybear Wrote: What if a person is unfortunate enough to be served QO several times in the course of the next few months(for being in contact with confirmed cases - be it in office colleagues, outside or family members). Other than inconvenience(family, self, job), it may also mean extra expenses.
I thought this is why the gov gave rebates for S&C and each residents at least $300 right? Those on short term work pass then it will mean higher expenses for them.
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#85
A nice article of what happened after the 1918 Spanish Flu. Something for pondering and to put into context, but definitely not for anchoring and believing that everything repeats itself.

How Did We Ever Get to The Roaring Twenties?

Frederick Lewis Allen wrote the definitive book on the 1920s called Only Yesterday: An Informal History of the 1920s.

The book was published in 1931 and discusses one of the most transformational decades in modern history. It’s a wonderful companion piece to any of the hundreds of books written about the Great Depression because it helps you understand what occurred in the lead up to that disastrous period.

The introduction to the book walks the reader through the massive changes that occurred between the end of the 1910s and the end of the 1920s. Allen paints a picture of what life was like in 1919 and then compares it to the wonderful advances in technology that came about because of the Roaring 20s.

The first chapter is devoted mainly to the end of World War I and the impact that had on the collective psyche of Americans.

Surprisingly, the flu pandemic that gripped the world from 1918-1919 gets just one passing line, with Allen commenting that the influenza pandemic had “taken more American lives than had the Germans, and had caused thousands of men and women to go about fearfully with white cloth masks over their faces.”

https://awealthofcommonsense.com/2020/03...-twenties/
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#86
The latest figures of deaths due to virus posted by scmp website on 29 Mar (26 March ) ( 24 Mar 2020 ) are :

Italy : 10,023 (7,503 ) (6077)
Spain : 6,528 (4,089 ) (2696 )
Iran : 2,640 (2,234) (1934)
France : 2,317 (1,331 ) ( 860 )
USA : 2,488 ( 857 ) ( 525 )
UK : 1,021 (422 ) (335 )

All above figures are still rising.
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#87
2020.03.28【文茜世界周報】美媒看韓國經驗:清楚知道傳染病在哪 瞄準出擊
https://www.youtube.com/watch?v=iZrO8FYi...AU&index=9


2020.03.28【文茜世界周報】印度軍警如家戶長 當街揮棍嚴懲封城外出者
https://www.youtube.com/watch?v=o7qoKkVq...AU&index=6


Coronavirus leaves Australian economy facing first recession in 30 years
https://www.scmp.com/week-asia/economics...cession-30


People not wearing masks in US & Europe a ‘big mistake’: Chinese CDC director
https://mothership.sg/2020/03/not-wearing-mask-mistake/
You can find more of my postings in http://investideas.net/forum/
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#88
More media reporting of corporations suspending rent payments. In this case, it includes established brands such as Adidas, H&M and Puma etc.
Property owners and banks left to carry the bag?

http://www.rfi.fr/en/wires/20200329-outr...t-payments

Global retailers including Adidas and H&M sparked outrage in Germany on Sunday after announcing they planned to stop paying rent on stores that have been forced to close over the coronavirus outbreak.

Other German media outlets reported that electronics retailers Saturn and MediaMarkt as well as Adidas rival Puma also planned to halt their rent payments for now.
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#89
Rich Europeans flee virus for second homes, spreading fear and fury

Bruce Kelley, an American from Connecticut, and his French wife drove down from Paris to their vacation home, making sure to take their car with the non-Parisian plates.

"Leaving home is a selfish act, and it's always on our minds to some degree," Mr Kelley, 59, said, standing next to his Volvo SUV. "What was really brutal is being told we couldn't go to the beach here because the beach is 200 yards from our home, and nobody is there."

https://www.businesstimes.com.sg/life-cu...r-and-fury
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#90
Just wonder what other companies in SG (public listed) will be required to do NS soon as well? This seems to be an additional consideration for prospective investors now.

In the current crisis, the shift of power from capital to labor seems to have accelerated a bit.

(P.S. I am sorry to be thinking like a cold blooded capitalist at these extraordinary times)
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