COVID-19 Monitor

Last Updated:October 15, 2020

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How safe is it to go back to the office? (FT) Published on: August 3, 2020 | Category: Global Response, Leadership

It is “impossible” to make the office 100 per cent safe, says Paul Hunter, professor of Medicine at the University of East Anglia. “You could spend millions on preparations and then someone gets the infection from the journey in. You can’t legislate for all these transmissions.”
The open plan office had a bad health reputation long before Covid-19. People working in them took as much as 62 per cent more sick leave than those in more private spaces, studies showed.
When US researchers studied the ventilation system in an Oregon hospital treating Covid-19 patients, they found enough genetic material from the virus to conclude that air-conditioning could potentially help to spread viral particles, though there was no evidence this had happened.

What Deaf People Can Teach Others About Virtual Communication (HBR) Published on: August 3, 2020 | Category: Leadership

After months of working remotely from home, many of us have found that the daily routine of virtual meetings saps our energy. It is difficult to maintain continuity, connection, and coherence.
But we’re losing more than just interest. Not interacting with colleagues physically lops off nonverbal data. Narrowing our field of vision to the small rectangles of our screens makes us lose perspective.
Through necessity, the Deaf community has invented a wider portfolio of communication strategies and devices than the hearing world accesses day-to-day. When we tap into this trove of tools, we can reduce the time it takes to communicate and then to correct miscommunications.

COVID-19 long-term toll signals billions in healthcare costs ahead (Reuters) Published on: August 3, 2020 | Category: Economic Impact, Global Response

Studies of COVID-19 patients keep uncovering new complications associated with the disease.
With mounting evidence that some COVID-19 survivors face months, or possibly years, of debilitating complications, healthcare experts are beginning to study possible long-term costs.
They stem from COVID-19’s toll on multiple organs, including heart, lung and kidney damage that will likely require costly care, such as regular scans and ultrasounds, as well as neurological deficits that are not yet fully understood.

San Francisco flattened the curve early. Now, coronavirus cases are surging. (Washington Post) Published on: August 2, 2020 | Category: Global Response

The Bay Area had avoided spikes, but shutdown fatigue, early reopening and a prison outbreak changed that.
Medical experts say a slow but steady rise in complacency is worsening the case count. Contact tracers have told public health researchers that people are getting sick after indoor gatherings.
“What it bought us was 3½ months of relative calm, relatively few cases, astoundingly few deaths, and an opportunity to build up capacity,” said Dr. Robert Wachter, chair of the University of California at San Francisco’s department of medicine.

‘New Normal’ Emerges for Companies Navigating Covid-19 Pandemic (WSJ) Published on: August 2, 2020 | Category: Economic Impact, Leadership

Business executives say they are getting a better grip on what a world transformed by the coronavirus looks like, giving them more confidence to lay out strategies that account for the new reality.
“It’s time for us to get back on the front foot,” McDonald’s Corp. Chief Executive Chris Kempczinski told investors Tuesday. He said the hamburger chain initially had to work through the shock of the pandemic but is ready to ramp up marketing. It moved to a limited menu in the quarter, helping to simplify operations.
Chevron Corp., meanwhile, is preparing for oil prices to remain depressed.

One in five Canadians report hardship due to border closure: Nanos survey (CTV News) Published on: August 2, 2020 | Category: Canadian Business

A new Nanos Research survey shows that while most Canadians report that they and their families have not been adversely affected by the closure, which has now been in place for more than four months, a significant number say they have been.
Sixteen per cent of respondents told Nanos that they or their families have experienced minor hardship related to the border being closed, while another five per cent reported major hardship.
The region most likely to report some level of hardship due to the closure was Quebec, where just under 75 per cent of respondents told Nanos that they had not been adversely affected by the closure and more than eight per cent said it had caused them or their families major hardship.

Tourism’s collapse could trigger next stage of the crisis (FT) Published on: August 2, 2020 | Category: Global Response

Last summer around this time, I did an interview with Ulf Lindahl, the chief executive of currency manager AG Bisset. At the time there was growing concern that the unwinding of the unprecedented corporate debt bubble created over the past decade could cause a sharp economic downturn.
If people did stop travelling because of some unforeseen economic shock, he posited, the effects would ricochet through nearly every industry and business, from manufacturing to real estate, restaurants, luxury goods, financial services — you name it. All this would risk setting off a raft of corporate insolvencies, high unemployment and a sharp downturn.
At the top of this hierarchy of pain are companies such as Boeing and Airbus. With global airline traffic forecast to fall 60 per cent this year, the two major aircraft manufacturers are facing a flood of order cancellations just as trade tensions between Europe and the US are flaring up.

Lessons in corporate reinvention (FT) Published on: August 1, 2020 | Category: Global Response

Shares in Eastman Kodak have soared more than 15-fold in the past week after the company received a US government loan to produce ingredients used in drugs to combat coronavirus.
The company’s numerous attempts at staging a comeback — including a foray into cryptocurrencies — have long been a classic example of the challenge of how to stay relevant.
Yet even one successful reinvention does not guarantee a second or even a third.

Covid-19 Shuttered More Than 1 Million Small Businesses. Here Is How Five Survived. (WSJ) Published on: August 1, 2020 | Category: Economic Impact

“Firms that are changing now are making changes to survive,” said Jacqueline Kirtley, an assistant professor at the University of Pennsylvania’s Wharton School.
The number of people working at companies with fewer than 500 employees also fell 10.8% in June from its February peak, according to an analysis of ADP payroll data by Moody’s Analytics.
Showroom managers videotaped rudimentary showroom tours on their iPhones, then posted them on the company’s website so customers could shop online.

Most Canadians don’t want an election during COVID-19: Nanos survey (CTV News) Published on: August 1, 2020 | Category: Canadian Business, Global Response

Despite looming threats of a snap election this fall following the We Charity affair, most Canadians aren’t interested in heading to the polls during the pandemic, according to a new Nanos Research survey.
The latest ballot tracking by Nanos Research has the Liberal Party of Canada three percentage points ahead of the Conservatives, although Trudeau still enjoys a wide lead as preferred prime minister at 33.8 per cent over outgoing Conservative Leader Andrew Scheer (18.8 per cent), NDP Leader Jagmeet Singh (14 per cent), Green Leader Elizabeth May (6.9 per cent) and People’s Party Leader Maxime Bernier (4.7 per cent).
Forty per cent of respondents said they want Parliament to investigate the matter fully, while 28 per cent said Parliament should instead focus on “more important matters.”

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