Tag: ISRAEL

Coronavirus pandemic could wipe $1.1 TRILLION off global economy — Oxford Economics

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China’s GDP growth is expected to fall from six percent last year to 5.4 percent in 2020 due to the spread of the COVID-19 virus, said the latest report by Oxford Economics.

It has modeled two scenarios on the coronavirus outbreak morphing into pandemic. Under the first scenario, if it spreads more widely in Asia, world GDP would fall by $400 billion this year, or 0.5 percent. The second scenario foresees the global GDP dropping $1.1 trillion or 1.3 percent, if the virus outbreak becomes a pandemic and a disruption to manufacturing in Asia spreads worldwide. Such a decline would be the same as losing the entire annual output of Indonesia, which is the world’s 16th largest economy.

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“Our scenarios see world GDP hit as a result of declines in discretionary consumption and travel and tourism, with some knock-on financial market effects and weaker investment,” wrote the analysts.

Oxford Economics said it still expected the impact of the virus to be limited to China and to have a significant, but short-term impact, bringing world GDP growth just 0.2 percent lower than January at 2.3 percent.

The growth of new confirmed cases of the deadly coronavirus has slowed down this week, but experts warn it is too early to call the all-clear for the risk of a pandemic. So far, there are over 75,500 confirmed cases and more than 2,100 deaths.

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BERKELEY WARNS STUDENTS HOW CORONAVIRUS MEMES SPREAD XENOPHOBIA

Berkeley Warns Students How Coronavirus Memes Spread Xenophobia

Leftists blaming pandemic fears on bigotry, racism

Kyle Hooten | Campus Reform – FEBRUARY 19, 2020

Fear of the coronavirus stems from “xenophobia and racism in America,” according to faculty at the University of California-Berkeley.

“Biased American public health and immigration policies” are to blame for Americans’ “anxiety over the potentially deadly disease,” says a recent Berkeley News article.

The piece, titled “Coronavirus: Fear of Asians rooted in long American history of prejudicial policies,” draws on the opinions of two UC Berkeley educators to make this claim.

Professor John A. Powell, director of Berkeley’s “Othering and Belonging Institute” is quoted saying that Coronavirus woes stem partly from “an assumption that the West, particularly Anglo-American Christians, should dominate the world,” and partly from a “heightened state of [anti-immigrant] bias.”

He adds that debates about Chinese expansionism, Chinese 5G networks, and Chinese espionage can also reveal racist American tendencies.

Powell concludes that a global society is the only path forward in a new world characterized by growing Chinese hegemony.

Berkeley research scientist and lecturer Winston Tseng agrees with Powell.

“There’s a part of that original history of xenophobia and racism in America from the 19th and 20th centuries that is coming back,” he told Berkeley News.

“[The Coronavirus] is a very serious issue, for sure, but from a public health standpoint it’s a relative issue compared to all the public health issues globally,” he said, after stating his belief that the virus will peak with only 200,000 cases.

The Berkeley News article also claims that “social media memes and GIFs” about the coronavirus are complicit in the spread of virus-related xenophobia.

Campus Reform previously reported on a similar statement about the virus made by Berkeley that was ultimately retracted by the school alongside a public apology. The statement came in the form of a now-deleted Instagram post from an official Berkeley account which claimed that “xenophobia” is among the “normal reactions” to the virus.

The school’s executive director of communications and media relations, Roqua Montez IV, acknowledged the social media retraction and apologized for its content.

Campus Reform reached out to Montez for further comment but did not hear back in time for publication.

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Coronavirus Pandemic: The Next Two Weeks Are Critical

2/19/2020

Indonesia claims “zero” cases. That’s a ridiculous claim because it’s already been established that Indonesia had significant traffic from Wuhan, China before the travel restrictions from Wuhan were in effect. This means only 1 thing. Indonesia is very likely already in the middle of a Coronavirus outbreak, worse than Japan, because the Indonesian government is pretending like this doesn’t even exist and they’re doing absolutely nothing to detect it.

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Russia temporarily bans ALL Chinese visitors amid coronavirus epidemic

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By Bryan MacDonald

 

Russian Prime Minister Mikhail Mishustin signed a decree on Tuesday evening prohibiting Chinese citizens from entering Russia for tourism, work and for private purposes. The new rules are effective from Thursday.

The decision is the strongest measure yet taken to prevent the entry and spread of the new coronavirus in Russia. Previously, Russian Railways suspended all passenger traffic to and from China, and flights have been heavily restricted. In addition, border crossings in the Far East have been closed.

“From 00:00 local time on February 20, 2020, the passage of citizens of the People’s Republic of China across the state border of the Russian Federation entering the territory of the Russian Federation for labor purposes, for private, educational and tourist purposes, is temporarily suspended,” read a statement issued by the government’s operational headquarters headed by Deputy Prime Minister Tatiana Golikova.

Russian man diagnosed with coronavirus on board cruise ship in Japan

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Additionally, from Wednesday Russia will temporarily stop issuing entry invitations to Chinese citizens for private and educational purposes.

There are currently no reported live cases of the COVID-19 coronavirus in Russia. Two infected Chinese citizens who were quarantined in the Tyumen and Transbaikalia regions have recovered and were discharged from hospital.

One Russian man has, however, been hospitalized in Japan after becoming ill on board the cruise ship Diamond Princess, which was docked and locked down because of a virus-spreading passenger.

He and his spouse have been transferred to medical facilities, with Japanese authorities clarifying on Tuesday that only the man is currently known to be infected.

Over 1,800 people have so far died from COVID-19, with more than 72,000 infections recorded. The vast majority in China. Meanwhile, the World Health Organization (WHO) has declared the epidemic a global health emergency.

 

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HEAD OF WUHAN HOSPITAL DIES OF CORONAVIRUS

Head of Wuhan Hospital Dies of Coronavirus

Global death toll rises to nearly 1,900

2/18/2020

The director of a hospital at the epicenter of China’s coronavirus outbreak has died, according to state media, marking the latest death as Beijing scrambles to contain the virus.

Liu Zhiming, the director of Wuchang Hospital in Wuhan, died on Tuesday morning after “all-out rescue efforts failed,” state broadcaster CCTV reported.

Liu’s death was initially announced on Monday night in a social media post by the Hubei Health Commission. However, in a follow-up message the commission said that the hospital director was alive and battling the virus.

At least six other medical workers in China have died from the virus, while an additional 1,716 have been infected, AFP reported, citing official figures.

The death toll from coronavirus has reached 1,873, with nearly half of China’s population subject to quarantines or other restrictions put in place to prevent the spread of the virus.

According to the latest figures, there are 73,325 confirmed cases of the virus worldwide – the vast majority in mainland China.

 

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