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Category: TRENDS ON THE COVID WARFRONT

Home TRENDS ON THE COVID WARFRONT
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“CORONAVIRUS: POLITICAL LEADERS ON THE WARPATH”

Since it first appeared this past December, COVID-19, which to date has killed some 17,000 in a global population of 7.7 billion, has now been declared a “war” by political leaders worldwide. Last Wednesday, President Trump was asked by a reporter if he considered the country to be on a “war footing” in terms of...

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STRANGERS NOT WELCOME

As of yesterday, 27 countries have either completely or mostly shut down their borders. The European Commission has announced plans to ban all non-essential travel for 30 days throughout the entire European market (the Schengen Area). Ursula von de Leven, the Commission President, stated she was asking leaders of all the European countries to impose...

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SCHOOL’S OUT

Nations around the world are closing down schools, despite the fact that of those who have been infected by the virus so far, about 10 percent are in their 20s, 1.2 percent are in their teens, and less than 1 percent are ages nine or less. Yet, as of last weekend, schools were shut around...

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FANNING THE FEAR

In a world of 7.7 billion people, as we go to press, some 7,866 people have died from the coronavirus. In the United States, with a population of 327 million, so far 90 people have died from the virus. According to reports, almost everyone who comes down with virus experiences only mild symptoms such as...

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PANDEMIC HIGHLIGHTS U.S. PHARMA’S CHINA DEPENDENCE

China supplies more than 90 percent of the hydrocortisone, antibiotics, and antibiotic ingredients consumed in the U.S. as well as 70 percent of the ibuprofen and large proportions of other drugs and nutritional supplements, according to the Council on Foreign Relations. The COVID-19 pandemic has stirred concerns about the U.S.’s ability to sustain its pharmaceutical...

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BUSINESS CASUALTIES

Early estimates have forecast that the coronavirus will cost the global economy at least $2.7 trillion, a figure that seems more and more conservative as the panic grows. The losses will be spread across all sectors in virtually all countries. Among the hardest hit: Airlines. Millions of flights already have been canceled around the world....

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THE “GREATEST DEPRESSION” HAS BEGUN

The coronavirus hysteria sweeping the globe has changed the course of history. Politicians around the world, a.k.a. the supreme commanders of the human race, have shut down the global economy… crashing it. Nothing close to this has ever been witnessed in the history of the world. It is promoted by the media and accepted by...

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VIRUS VICTIMS: TOURISM, TRADE SHOWS, THEATERS, SPECIAL EVENTS

The Louvre, St. Peter’s Basilica, the La Scala opera house, and other cultural meccas of Europe are begging for visitors. Thousands of tourists have canceled airline tickets, hotel reservations, and plans to visit conferences and trade shows since the coronavirus outbreak struck northern Italy and began to travel across the continent. Some Paris restaurants and...

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REAL ESTATE INVESTMENTS CATCH THE VIRUS

Retail landlords may see stores miss lease payments as shoppers avoid public places, cutting stores’ sales, profits, and cash flow. The FTSE Nareit Allk REITS Index, which includes all real estate investment trusts traded on major U.S. stock exchanges, dove 12.3 percent last week, a far worse performance than broad-based market index funds. “People were...

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CAR SALES GET SICK

Vehicle sales have plunged along with stock markets in response to the coronavirus outbreak. In February, China’s sales were down 80 percent compared to the same month in 2019. South Korea’s sales were at 20 percent – their lowest level since 2009. Germany’s sales fell 10.8 percent, Japan’s dropped 10.7 percent, and Italy’s 8.8. The...