COVID-19

This tag is associated with 45 posts

Causes of Death – The top 10 vs COVID

Of the 56.9 million deaths worldwide in 2016, more than half (54%) were due to the top 10 causes. Ischaemic heart disease and stroke are the world’s biggest killers, accounting for a combined 15.2 million deaths in 2016. These diseases have remained the leading causes of death globally in the last 15 years. Chosen excerpts … Continue reading

COVID-19 and the Economy In US – Questions and answers from Janet Yellen

THE FOLLOWING ANSWERS ARE FROM JANET YELLEN. Q: How well prepared is the typical American household for the coming shock of lost jobs and income, in light of a decade of debt-deleveraging, continuous job growth, and low unemployment, coupled with weak wage growth and rising income inequality? A: “It’s true that we’ve had a decade … Continue reading

COVID au Canada – Plus de 1,5 million de nouvelles demandes d’assurance-emploi après les 930 000 demandes de la semaine dernière

Le gouvernement fédéral a reçu un nombre record de 1,55 million de demandes d’assurance-emploi entre le 16 et le 25 mars, a appris TVA Nouvelles. Au même moment la semaine dernière, 930 000 demandes avaient été remplies. Depuis, le gouvernement a annoncé le déploiement de la Prestation canadienne d’urgence (PCU) et un programme de subvention … Continue reading

COVID in US – The St. Louis Fed’s back-of-the-Envelope Estimates : given the assumption of a constant labor force, 32.1%

As state and local governments implement social-distancing measures to suppress and contain the spread of COVID-19, many businesses are faced with a large decrease in sales and revenue. This slowdown of economic activity could inevitably lead to solvency and liquidity problems that result in workers being laid off. This negative shock does not equally affect … Continue reading

COVID and Global Household Debt – Already over $12 trillion higher than in the run-up to the 2008 global financial crisis

COVID-19 Exacerbates Household Debt Burdens Global household debt tops $47 trillion—over $12 trillion higher than in the run-up to the 2008 global financial crisis More than three-fourths of the 75 countries in our sample now have higher household debt-to-GDP ratios than in 2007 Anticipated COVID-19-related job losses imply a massive jump in household debt relative … Continue reading

COVID-19 au Québec – À quoi s’attendre ? Appel à l’aide à tous les forts en chiffres …

À quoi peut-on s’attendre au Québec ? Les conférences de presse quotidienne nous laissent malheureusement dans le noir … Alors, nous avons fait des calcul à partir des données de l’Organisation Mondiale de la Santé (OMS) disponible à l’adresse https://www.worldometers.info/coronavirus/ . Nous avons utilisé les données de la Chine, mais avons calculé le taux d’infection … Continue reading

COVID in US – One-quarter of the of the country’s largest companies had more cash going out than coming in on the eve of the crisis

“The coronavirus has left businesses from giant corporations to the corner bar struggling for survival. But along with dealing millions of Americans an unexpected blow, the pandemic exposed vulnerabilities that had accumulated during a record-long expansion and years of ultralow interest rates — and which now could make it harder to recover from a recession, … Continue reading

COVID-19 chez Québecor – Les employés recevront au total entre 80 % et 95 % de leur salaire, incluant l’assurance-emploi

Québecor a mis sur pied un programme pour bonifier les prestations d’assurance-emploi de ses 1000 employés qui se retrouveront au chômage pour deux mois à partir de la semaine prochaine. L’entreprise estime que les employés recevront au total entre 80 % et 95 % de leur salaire, incluant l’assurance emploi et la bonification. Les mises à pied temporaires … Continue reading

COVID-19 et la Banque du Canada – Pas de taux négatif

À 0,25 %, le taux directeur de la Banque du Canada est maintenant à son plus bas niveau effectif, a indiqué Stephen Poloz. Théoriquement, il pourrait descendre plus bas, a-t-il convenu, mais ce n’est pas une option envisagée par la banque centrale. Selon lui, l’expérience des taux négatifs ailleurs dans le monde indique que lorsque les taux … Continue reading

COVID in US – Choosing mass unemployment ?

A number of European countries, after similarly failing to control the spread of the virus, and thus being forced to lock down large parts of their economies, have chosen to protect jobs. Denmark has agreed to compensate Danish employers for up to 90 percent of their workers’ salaries. In the Netherlands, companies facing a loss … Continue reading

COVID – What schools can do

The social and economic effects of COVID-19 will be severe and touch every corner of the country. But there is much that can be done to soften the blow and put ourselves in a better situation for the long term. Schools have a particularly important role to play. To see what schools can do, it … Continue reading

COVID – European governments step in to pay wages

Tens of millions of jobs are now at risk from the coronavirus pandemic, with entire industries being shut down to keep the virus from spreading. Governments across Europe are spending billions on wage subsidies in a desperate effort to save jobs and cushion the economic blow. Here are some of the plans to help individuals … Continue reading

COVID in UK – The 80%

Yesterday, the Chancellor announced that last week’s pledge to underwrite 80 per cent of the wages of employees without work to do during this crisis is being matched with significant grants to the self-employed. This is an important addition to existing plans to support employees, and in many ways a more generous offer. The Self-Employed … Continue reading

COVID in OECD – Efforts should be intensified says OECD

Efforts to contain virus and save lives should be intensified, and governments should plan stronger, more coordinated measures to absorb growing economic blow Increasingly stringent containment measures needed to slow the spread of the Coronavirus (Covid-19) will necessarily lead to significant short-term declines in GDP for many major economies, according to new OECD projections. OECD … Continue reading

COVID au Canada – Le PIB réel devrait diminuer de 25 % au deuxième trimestre, Le taux de chômage à 15 % au troisième trimestre

Les perspectives économiques et financières sont extrêmement incertaines en ce moment. Abstraction faite de cette vive incertitude, le présent rapport propose une analyse de scénario pour aider les parlementaires à évaluer les possibles répercussions économiques et financières de la pandémie de COVID-19 et des développements récents sur le marché du pétrole. Le scénario à l’étude … Continue reading

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