Emergency over coronavirus

I am living in the middle of the emergency over coronavirus in Finland. Due this reason the update cycle to make posting to this blog could be slowed down.

The Finnish government announced on Monday nationwide school closures in order to help prevent the spread of coronavirus. Read more on the following aricles:

Finland closes schools, declares state of emergency over coronavirus
https://yle.fi/uutiset/osasto/news/finland_closes_schools_declares_state_of_emergency_over_coronavirus/11260062

Daycare centres are to stay open but parents were asked to keep their kids home if possible. The government also published a 19-point list of emergency legislation that takes effect on 18 March.

Coronavirus latest: 359 cases confirmed in Finland, S-Group shuts its Helsinki eateries, bankruptcy fears mount
https://yle.fi/uutiset/osasto/news/coronavirus_latest_359_cases_confirmed_in_finland_s-group_shuts_its_helsinki_eateries_bankruptcy_fears_mount/11249610

Here is a link to an earlier post related to Coronavirus:
https://www.epanorama.net/blog/2020/02/12/mobile-trends-2020-mwc-canceled/

314 Comments

  1. Tomi Engdahl says:

    Suomen suojamaski­katastrofi nousi otsikoihin ulkomailla https://www.is.fi/kotimaa/art-2000006469313.html

    Reply
  2. Tomi Engdahl says:

    Kommentti: Tämä on täysi skandaali – sairaalat jäivät ilman kahta miljoonaa suojamaskia https://www.is.fi/kotimaa/art-2000006468821.html

    Reply
  3. Tomi Engdahl says:

    SK: Valtion hengityssuojainkauppaan kietoutuu melkoinen soppa – kauneusyrittäjä Tiina Jylhä riitelee miljoonakaupasta ulosottovelkaisen liikemiehen kanssa
    https://yle.fi/uutiset/3-11299604

    Jylhä sanoo liikemies Onni Sarmasteen ilmoittaneen Huoltovarmuuskeskukselle väärän tilinumeron.

    Reply
  4. Tomi Engdahl says:

    “The Whole World’s F**ked!” – Raoul Pal Pulls No Punches In Latest Interview
    https://www.zerohedge.com/markets/whole-worlds-fked-raoul-pal-pulls-no-punches-latest-interview

    Reply
  5. Tomi Engdahl says:

    COVID-19: Economic and Microelectronics Industry Impacts – Insights from McKinsey & Company
    https://blog.semi.org/technology-trends/covid-19-economic-and-microelectronics-industry-impacts-insights-from-mckinsey-company

    For five days in the latter half of March, the pall of the heavy human and economic toll COVID-19 has exacted in China appeared to be lifting. The epicenter of Wuhan reported no new coronavirus infections through domestic transmission. And in an initial step to loosen its nationwide lockdown, China began reversing restrictions on travel within its borders.

    Now, in another sign of progress, the region’s idled factory workforce is preparing to return to the production lines. Outside of Hubei province, home to Wuhan, most manufacturing workers are expected to be back on the job by the end of this month

    McKinsey is also “seeing evidence of a rebound in demand led by China’s online sales” as rising consumer confidence and a surge in the popularity of work-from-home policies spur strong spending on laptop computers, Chenneveau said.

    The turnaround stands in stark contrast to the unprecedented drop in demand McKinsey saw across retail and durable goods in China early in the year. Over the first two months, passenger car sales plunged 90 percent, smart phone receipts 40 percent and retail sales 21 percent, leading to what Chenneveau calls a whiplash effect that could disrupt supply chains as manufacturers and shipping companies scramble to meet pent-up demand once a recovery takes hold.

    And while China is buoyed by the prospect of normalizing its workforce and manufacturing capabilities, parts shortages are bottlenecking production. In the United States and Europe, where 60 percent of air freight is carried in cargo holds of passenger aircraft, logistics concerns loom large with the widespread flight groundings.

    “Logistics must be a priority in any crisis war room because it’s a big challenge,”

    In Asia, the semiconductor supply chain is working to overcome intractable challenges caused by COVID-19 including sourcing raw materials for chip manufacturing and maintaining assembly and test operations

    a shortage of fab operators and engineers. Downstream, the inability to package, test and qualify products risks exacerbating the supply constraints.

    Patel said another acute challenge is that most semiconductor manufacturers and suppliers are operating under restricted practices, making it harder to sustain engineering activities vital to new product introductions, new process development and capital equipment expansion. In the longer term, the supply chain fallout hold implications for product life cycles and investments in capacity and next-generation technology – factors that analysts will need to monitor in evaluating the economic impact.

    Returning Workers Key to Economic Recovery

    Issuing shelter-in-place orders have been an effective antidote to the spread of COVID-19 but a double-edged sword as nations worldwide sustain the economic blowback. Discretionary consumer spending on items such as automobiles has dropped by 45 percent globally so far this year, business investment has fallen and trade has seen a sharp slowdown, said Sven Smit, Chairman and Director at the McKinsey Global Institute, speaking at the webinar.

    A lockdown for as little as a month can slash aggregate global GDP by as much as 10 percent, a scenario McKinsey expects to play out in the second quarter of 2020. The drop would be the deepest since World War II and larger than the plunge in the first quarter of the Great Depression, raising the question of how long governments can afford to keep workers holed up at home.

    “The economic shock is unprecedented,” Smit said. “We’ve never sent people home to not work. Even in World War II, next to the front lines, people were harvesting food.”

    China offers a potential blueprint for economic recovery. McKinsey estimates that China’s rigorous containment efforts could help its economy bounce back in as little as six months – a V-shaped rebound. Western nations generally have not been as forceful with their containment measures. For them, the fight against the pathogen could be prolonged, deepening the economic damage.

    Yet even with the best protective lockdowns, a new challenge arises: The longer shelter-in-place orders remain in effect to contain the spread of the virus, the longer the economic impact drags on. “Until the path to return to work becomes clearer, people will not be confident to spend,” Smit said.

    Confronted with that reality, governments worldwide must strike the delicate balance between safeguarding the lives of people – critical forces of economic growth through consumer spending – and limiting the economic shock. The faster the virus can be brought to heel, the softer the impact to economies around the world. And the stronger the return-to-work protocols in place once COVID-19 has been brought under control, the faster workers can get back to their jobs. Smit believes resolving both issues simultaneously is not only possible but necessary for a return to normalcy.

    Reply
  6. Tomi Engdahl says:

    Rare coronavirus patient’s mild symptoms but long illness may point to ‘chronic’ mutation: researchers
    https://www.scmp.com/news/china/society/article/3077747/rare-coronavirus-patients-mild-symptoms-long-illness-may-point

    Chinese researchers observe rare case of a potential ‘chronic infected patient’, pointing to the possibility of a virus mutation.

    Chinese researchers have raised the possibility that a new subtype pathogen of Covid-19 that has low toxicity but with prolonged ability to infect others might have occurred after observing a rare case in which the disease appeared to be “chronic”, pointing to the possibility of a mutation.

    The researchers warn there may be more “chronic infected patients” who carry the infection into their surroundings and trigger an outbreak.

    A middle-aged man whose symptoms were not severe appears to have formed a “dynamic balance” with the coronavirus after an extremely prolonged illness lasting 49 days, Chinese military researchers reported in a preprint article on Medrxiv.org last week.

    The patient had been observed to have both a high Covid-19 viral load and, at the same time, his immune cell indicators had remained stable.

    “The virus and the host may even form a symbiotic relationship,”

    As the signs showed that his body could not eliminate the coronavirus with regular therapy and that he might still have been infectious, the patient was treated with a plasma transfusion from recovered Covid-19 patients.

    Reply
  7. Tomi Engdahl says:

    Koronavirus leviää kaksi kertaa luultua nopeammin – Amerikkalaistutkimus: Yksi ihminen voi tartuttaa keskimäärin kuusi muuta ihmistä
    https://tekniikanmaailma.fi/koronavirus-leviaa-kaksi-kertaa-luultua-nopeammin-amerikkalaistutkimus-yksi-ihminen-voi-tartuttaa-keskimaarin-kuusi-muuta-ihmista/

    SARS-CoV-2-koronavirusta kantava henkilö saattaa tartuttaa keskimäärin jopa lähes 6 muuta ihmistä, ei 2-3, kuten aiemmin on luultu, todetaan Yhdysvaltain tautikeskus CDC:n tuoreessa tutkimuksessa, jossa on analysoitu koronaviruksen leviämistä sen alkupisteessä Wuhanissa, Kiinassa. Aiheesta kirjoittaa muun muassa uutistoimisto Bloomberg.

    Virus May Spread Twice as Fast as Earlier Thought, Study Says
    https://www.bloomberg.com/news/articles/2020-04-08/virus-may-spread-twice-as-fast-as-earlier-thought-study-says

    Each person infected early in the epidemic in Wuhan probably passed the virus to an average of 5.7 other people, according to a mathematical analysis from Los Alamos National Laboratory. That’s more than twice what the World Health Organization and other public health authorities reported in February.

    The team’s results are specific to the Chinese outbreak. If they hold true elsewhere in the world, the pandemic may be more difficult to control than some authorities had modeled.

    At the rate of spread calculated in the study, some 82% of the population would need to be immune, either via a vaccine or because they’d already had the disease, in order to stop the virus from spreading,

    Nearly 1.5 million people have tested positive globally, including a number of recent cases in China with none of the typical symptoms of Covid-19.

    Reply
  8. Tomi Engdahl says:

    Tyksin asiantuntijat ennustavat koronaviruksen toista aaltoa syksylle – nämä asiat huolestuttavat: ”On jo todella kova kiire” https://www.is.fi/turun-seutu/art-2000006467734.html

    Reply
  9. Tomi Engdahl says:

    https://theloadstar.com/idle-containership-fleet-set-to-hit-record-high-of-three-million-teu/

    Idled containership capacity is expected to reach a record high of 3m teu within weeks, in the “worst capacity crisis the industry has ever seen”, according to new data from Alphaliner.

    With over 250 sailings already withdrawn in the second quarter, the consultant forecasts that the lay-ups will push the idle fleet to a level twice that seen during the 2009 global financial crisis.

    “No market segment will be spared, with capacity cuts announced across almost all key routes,” warned Alphaliner.

    the global coronavirus crisis has brought a sudden end to the good times for owners in the sector.

    Reply
  10. Tomi Engdahl says:

    Just How Bad Is It Going To Get: JPMorgan Halts All Non-Government Guaranteed Small Business Loans
    https://www.zerohedge.com/economics/just-how-bad-it-going-get-jpmorgan-halts-all-non-government-guaranteed-small-business

    With America’s small and medium businesses suffering from cardiac arrest now that the economy is in a indefinite coma, it is hardly a surprise that the largest US bank, JPMorgan Chase has been inundated with more than 375,000 requests for $40bn of loans under the $350bn small business rescue scheme, a higher number of applications than any other bank, its consumer head Gordon Smith told President Donald Trump on Tuesday.

    It is in this context that the FT reports that Chase has temporarily stopped accepting applications for small business loans outside the government’s Paycheck Protection Program.

    Reply
  11. Tomi Engdahl says:

    Free Markets Are Dead: Fed To Start Buying Junk Bonds, High Yield ETFs
    https://www.zerohedge.com/markets/free-markets-are-dead-fed-start-buying-junk-bonds-junk-etfs

    Back on March 23, when the Fed unveiled it would start buying investment grade corporate bonds, we said “now that the Fed is effectively all in, it will buy stocks and junk bonds next.”

    Two weeks later, we were right and this morning the Fed announced it would, as expected, start buying junk bonds

    In short, the only asset that the Fed is now not directly buying is stocks, and here too it’s just a matter of time before the Fed unveils it will start buying the SPY.

    Reply
  12. Tomi Engdahl says:

    “Sosiaalinen eristäytyminen ja suusuojaimet täytyy normalisoida arkielämään, sairaat ja epäillyt sairaat tulee eristää ja tauti poistaa kokonaan seuraamalla tartuntoja massatutkimusten avulla.”

    Suomalaislääkäri: Koronarajoitusten syytä jatkua kesän yli, pandemia ohi vasta kesällä 2021 – “Suusuojaimet täytyy normalisoida jokaisen arkielämään”
    https://www.mtvuutiset.fi/artikkeli/suomalaislaakari-koronarajoitusten-syyta-jatkua-kesan-yli-pandemia-ohi-vasta-kesalla-2021-suusuojaimet-taytyy-normalisoida-jokaisen-arkielamaan/7783518#gs.37rfv8

    Oulun yliopistollisen sairaalan ylilääkäri Petri Lehenkari arvioi, että Suomenkin tulisi normalisoida suusuojainten käyttö arkielämään koronavirusepidemian hillitsemiseksi.

    Hänen mukaansa ainoa tie ulos viruksen aiheuttamasta ensimmäisestä tautiaallosta olisi mahdollisimman täydellinen viruksen leviämisen estäminen.

    Tie ulos COVID-kriisistä
    https://www.oulu.fi/ltk/tie-ulos-covid-kriisist%C3%A4

    COVID-kriisi edellyttää, että kaikki ihmiset sairastavat jossain vaiheessa viruksen aiheuttaman sairauden. Suuren kuolleisuuden vuoksi sairastamisen suurina joukkoina voidaan sallia tapahtuvan vasta, kun kunnollinen rokotesuoja on saatu kattavasti väestöille ja varautuminen sairaalahoidossa riittäväksi.
    Ensivaiheessa tauti täytyy saada kokonaan pysäytettyä.

    Sosiaalinen eristäytyminen ja suusuojaimet täytyy normalisoida arkielämään, sairaat ja epäillyt sairaat tulee eristää ja tauti poistaa kokonaan seuraamalla tartuntoja massatutkimusten avulla. Näin voidaan ostaa aikaa, ja laumasuojan vaativa sairastaminen voi alkaa vasta, kun rokotesuoja saadaan vähintään riskiryhmille.

    Reply
  13. Tomi Engdahl says:

    Viimeisenä, mutta ei vähäisimpänä toimenpiteenä tulisi meidän kaikkien alkaa nyt käyttää kasvosuojaimia. Virus käytännössä leviää ylähengitysteiden kautta joko kosketuksien tai pisaroiden välityksellä. Molemmat voidaan lopettaa käyttämällä mitä tahansa kasvosuojainta. Suojain suojelee erityisesti muita, ei meitä itseämme. Haastan kaikki, joilla on ompelukone tekemään erilaisia suojaimia, ohjeita löytyy netistä valtavasti. Eri vahvuisilla kankailla voidaan vaikuttaa ilmanvirtauksen määrään. Suojaimeksi käy putkilo, lappu, mikä tahansa järjestely, jolla pisarointi ja sierainten ja suun koskettelu estetään. Visiiri on yksi keino, tosin kömpelö. Voisivatko opettajat tehdä tästä käsityöprojektin ja mummot ja äidit ja ompelukonetaitoiset isät ja muutkin tyypit ottaa ompelukoneet kaapista?
    https://www.oulu.fi/ltk/tie-ulos-covid-kriisist%C3%A4

    Reply

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