COVID-19 Monitor

Last Updated:October 15, 2020

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Drive-in shows, films, meals and even worship help ease lockdowns (The Economist) Published on: May 24, 2020 | Category: Global Response

Just a handful of churches in Northern Ireland carried out drive-in services this weekend, but more are planning to do so in the coming weeks.
In Denmark, people have much more than just movies available to enjoy from behind the wheel. P Scenen, a drive-in venue on the outskirts of Aarhus, hosts live stand-up comedy, music and TED-style presentations.
Does this mean that more live events will become drive-in, even after covid-19 has subsided?

How COVID-19 is exposing Canada’s socioeconomic inequalities (The Globe & Mail) Published on: May 23, 2020 | Category: Canadian Business, Economic Impact

Preliminary data support the idea that COVID-19 is hitting marginalized communities harder than others.
Public-health messages about staying home, which are aimed at curbing the spread of COVID-19, have largely ignored the realities faced by low-income workers, people who are homeless or other at-risk groups, said Andrew Boozary, a doctor who is executive director of health and social policy at University Health Network.
A recent Toronto Public Health analysis of COVID-19 cases in the city showed that neighbourhoods in Toronto with the lowest incomes, highest rates of unemployment and highest concentrations of newcomers consistently had twice the number of cases of COVID-19 and more than twice the rate of hospital admissions.

Cybercrime against healthcare groups ‘worldwide’ is on the rise during coronavirus pandemic, top UN official warns (Business Insider) Published on: May 23, 2020 | Category: Global Response

Izumi Nakamitsu said at a meeting of the UN Security Council on Friday that there has been a 600% increase in malicious emails during the pandemic, in addition to “worrying reports of attacks against health care organizations and medical research facilities worldwide.”
Cybersecurity has emerged as a major concern amid the coronavirus pandemic, which has forced most of the world to move interactions online.
In the US, official activities like unemployment claims filed online with outdated state systems and presidential primary voting have been identified as high-risk operations for fraud.

How Upbeat Vaccine News Fueled a Stock Surge, and an Uproar (NY Times) Published on: May 23, 2020 | Category: Economic Impact

The desperate hunt for treatments and vaccines has changed how researchers, regulators, drug companies like Moderna, investors and journalists do their jobs.
Nine hours after its initial news release — and after the markets closed — the company announced a stock offering with the aim of raising more than $1 billion to help bankroll vaccine development.
That offering had not been mentioned in Moderna’s briefings of investors and journalists that morning, and the company chairman later said it was decided on only that afternoon.

COVID-19: The week in review with epidemiologist David Fisman (May 17-22) (TVO) Published on: May 23, 2020 | Category: Canadian Business, Global Response

TVO.org speaks with the University of Toronto professor about the testing, the numbers, and the outlook for Ontario.
To reopen the economy, we need to be doing better on surveillance and on testing.
You have places that are hundreds of kilometres and sometimes thousands of kilometres apart, and the provincial hotspot is here in Toronto, and you’d never know it from the messaging coming out of the province, which treats the rest of the province as if it’s the GTA.

Rules for Toronto’s bankers: Wear a mask, book elevator rides (BNN Bloomberg) Published on: May 22, 2020 | Category: Canadian Business

Elevator queues, mandatory masks and staggered start times may await Toronto’s office workers when they start venturing back to North America’s second-largest financial centre.
Elevators will have limits of four people and Cadillac Fairview plans to add thin anti-microbial film over the buttons.
Building occupants at Cadillac Fairview office properties will be required to wear non-medical face masks or coverings in elevators and they’ll be “strongly encouraged” to wear them in common areas, including the underground PATH network that links downtown office buildings in Canada’s largest city.

Poll: Most say they won’t go to gym, restaurants despite reopening (The Hill) Published on: May 22, 2020 | Category: Global Response

A majority of Americans say they won’t go to the gym or restaurants despite states’ new efforts to reopen the economy, a new national poll shows.
Before the pandemic, 50 per cent of respondents said that they attended a gym or fitness center monthly, according to a new AP-NORC poll, but only 24 per cent of respondents surveyed said that they would return to exercise at a gym or fitness studio if these activities were allowed in the next few weeks.
According to the poll, 67 per cent of participants said that they attended religious services monthly before the coronavirus outbreak. Only 38 per cent said that they were likely to attend services after restrictions were lifted.

Debt investors lay claim to islands, cruise ships and theme parks (FT) Published on: May 22, 2020 | Category: Economic Impact

Companies pledge all manner of assets as collateral for Covid-19 rescue deals.
The Miami-based operator pledged the 268-acre Caribbean idyll it has owned since 1986 as collateral, along with a second island in Belize and a couple of ships.
So-called secured debt deals were once a rarity in the corporate bond market, but American companies are now pawning their family silver as never before.

The Covid Surcharge: Companies Confront the Unforgiving Economics of Coronavirus (WSJ) Published on: May 22, 2020 | Category: Economic Impact

Companies from major retailers and package carriers to local restaurants and hair salons are awakening to a new economic reality in the age of the new coronavirus: Being open for business is almost as hard as being closed.
Facing higher costs to keep workers and customers safe and an indefinite period of suppressed demand, businesses are navigating an ever-narrower path to profitability.
Walmart Inc., Target Corp. and Home Depot Inc. this week said they absorbed more than $2 billion combined in added expenses for wages, bonuses and other benefits for workers during the early months of the pandemic.

Rebuilding the Economy Around Good Jobs (HBR) Published on: May 22, 2020 | Category: Leadership

In countries hit by the Covid-19 pandemic, customer-facing service businesses don’t just face a tough two to three months; they face a tough two to three years.
Making the challenge even tougher, many of these businesses rely on a “bad jobs” model for frontline workers whose hallmarks are low wages, low productivity, high turnover, and difficulty adapting to changing customer needs and technologies.
They need a “good jobs” system that combines investment in people with operational choices in order to maximize employee motivation, contributions, and productivity.

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