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The United Nations has proposed a massive project, so it can better respond to the COVID-19 coronavirus pandemic -- asking for at least 10% of global domestic product, or GDP.
In a fresh 26-page report, the United Nations has a plan to address the multi-threaded socio-econmic impact that COVID-19 is wrecking on the world. The UN describes it as a "global health crisis unlike any in the 75-year history of the United Nations".
The document by the UN continues: "This report is a call to action, for the immediate health response required to suppress transmission of the virus to end the pandemic; and to tackle the many social and economic dimensions of this crisis. It is, above all, a call to focus on people -- women, youth, low-wage workers, small and medium enterprises, the informal sector and on vulnerable groups who are already at risk".
Japanese Deputy Prime Minister Taro Aso has ripped into the World Health Organization (WHO), stating that they should be renamed the 'Chinese Health Organization' (CHO), slamming Beijing for covering up the COVID-19 coronavirus outbreak. Watch it for yourself right here:
Aso said that Taiwan was driven to become a world leader in combating the coronavirus, and that coronavirus has caused the Tokyo 2020 Olympics that were taking place this year -- had been postponed because of the COVID-19 outbreak. The Japanese Deputy Prime Minister had some harsh criticism for China in Japanese parliament recently.
The Japanese Deputy Prime Minister said that "although the details are murky, the WHOs previous Director-General was a Chinese national and at the time there were complaints all around. And now, at least the petition has received 500,000 signatures. People think the World Health Organization should change its name, it shouldn't be called the WHO, it should be renamed the CHO (or Chinese Health Organization). This is truly resonating with the people".
We've got the United Nations warning us that they are concerned of global food supply shortages, and now the Federal Reserve estimates that the worst of the job losses to Americans could get much worse.
According to estimations by Federal Reserve's St. Louis district project that total employment losses would mount to 47 million, which means the US would see a 32.1% unemployment rate. St. Louis Fed economist Miguel Faria-e-Castro wrote in a research paper last week: "These are very large numbers by historical standards, but this is a rather unique shock that is unlike any other experienced by the U.S. economy in the last 100 years".
Faria-e-Castro had some what he calls "back-of-the-envelope" calculations: these numbers don't add in the workers who will drop out of the work force. This means that the dizzyingly high unemployment estimations could be a tiny bit better, as well as fact that they don't estimate how the recently passed government stimulus will help.
If you had to be on lockdown during a quarantine, I couldn't think of a better place than a $590 million superyacht -- but would you really boast about it on social media? Probably not.
Except, that's what billionaire David Geffen did. The DreamWorks co-founder posted a picture on his personal Instagram, saying he was on "quarantine" on his $590,000,000 superyacht with the caption: "Sunset last night... isolated in the Grenadines avoiding the virus. I'm hoping everybody is staying safe".
It wasn't long before social media tore Geffen a new one, saying that his post on Instagram talking about being quarantined on a $590 million superyacht was "tone deaf" considering the hardships people are going through right now. Even The View co-host Meghan McCain chimed in, saying: "David Geffen is worth 8 billion dollars! For God's sake help this country get ventilators, our health workers masks and the medical supplies they need! Or no, just stay on your f---ing yacht instagramming. This is just shameful and grotesque".
If you thought the fight for toilet paper was bad, just imagine if there was a global food shortage. This is something the United Nations (UN) has been thinking about, forcing them to issue a "battle plan" to make sure the worldwide food supply chains aren't destroyed.
The United Nations' Food and Agriculture division said last week that it had "already seen signs" of this in the global food supply chain, caused by all the lockdowns worldwide that are impacting supply chains. Chief Economist Maximo Torero Cullen explained: "Disruptions, particularly in the area of logistics, could materialise in the coming months".
The International Agri-Food Network, which also acts as the UN Committee on World Food Security explains: "While the immediate problem has been access to food and the need for shelf stable foods, disruptions at borders and in supply chains may cause an echo in the food system with potentially disastrous effects".
It looks like millions of Americans are being spied on (even more so than they already are), with sources of The Wall Street Journal saying that the CDC is using federal, state, and local governments access to users' location data from mobile ads to help track COVID-19 coronavirus spread.
The Wall Street Journal reports that the anonymized data helps CDC (Centers for Disease Control and Prevention) officials understand where people are gathering in large numbers, whether they're honoring the stay-at-home lockdowns, and how retail is suffering because of the COVID-19 outbreak.
How is the CDC doing this? They are reportedly gettring their data through a COVID-19 Mobility Data Network, something that was created by experts at Harvard, Johns Hopkins, Princeton, and other schools. While it sounds good in this way, the idea that mobile ad data is being used to track is a huge invasion of privacy. Will these new spy powers be taken away once COVID-19 is no longer a threat?
Lyft is in a really big spot of trouble right now over COVID-19 coronavirus, with millions of riders no longer using the service, business isn't doing so well. It's gotten to the point that Lyft is now referring drivers to jobs at Amazon.
The ridesharing giant emailed its drivers of the new referral program with Amazon, where it is encouraging Lyft drivers to apply for jobs at Amazon warehouses. These drivers are recommended to take jobs with Amazon's own grocery and package deliveries platforms. Why is Lyft doing this?
Well, Uber has its own food delivery platform in Uber Eats -- where Lyft, does not. This has seen Lyft team with Amazon over the new job referral program, even after Lyft announced that it would begin expanding its delivery network to help out in the delivering of coronavirus test kits, medical supplies, and meals to the elderly and vulnerable ppopulations.
Singapore is taking things up a serious notch when it comes to social distancing over COVID-19 coronavirus, with a press release from Singapore's Ministry of Health.
In the press release, it warned the people of Singapore to maintain a distance of at least 1 meter (3.2 feet) from other people during "non-transient" public interactions. If you don't, you'll face a 10,000 Singapore dollars (or $6985) fine -- or even 6 months in jail. Yeah, they're not kidding around in Singapore.
Singapore isn't the only country getting serious over social distancing either, with a 35-year-old man in France reportedly sent to prison after he violated lockdown. He was found guilty of "endangering the lives of others". A 4-month suspended prison sentence was handed down to a 19-year-old man, as he broke lockdown laws 10 times in a matter of days.
Monitoring the coronavirus COVID-19 spread, TAITRA has been under pressure for several weeks to make a judgment call on Computex Taipei 2020, Asia's largest IT trade show. The popular yearly event is routinely attended by TweakTown and many technology exhibitors, buyers, analysts, and media from all over the world.
Last night in Taipei, TAITRA finally made its call. Computex 2020 will be postponed from its planned date of June 2 till June 6, 2020, until September 28 till September 30, 2020 - six months out from now and around four months out from its original date. That means the event is getting cut down from its usual five days to just three days. Computex is usually spaced out over the greater Taipei area with halls in Xinyi and Nangang, as well as hotels in the Xinyi area.
Computex 2020 will be scaled down and held in just one hall - Taipei Nangang Exhibition Center Hall 2 (TaiNEX 2). It is unclear at this stage if exhibitors will be allowed to exhibit their goods from hotel suites, as is usually the case.
You can't escape hearing about coronavirus COVID-19 in the news virtually 24/7, so it shouldn't come as a surprise that Google searches for "coronavirus" have absolutely skyrocketed in recent weeks.
Using the last 90 days on Google Trends and looking at Worldwide searches, we can see that things started to ramp up a bit in late January 2020 but died down throughout February. Google searches for coronavirus began steadily rising in the second half of February, and have reached fever pitch in the second week of March.
Leading the charge in Google searches in Italy, where the most interest in coronavirus searches takes place in the first country to go under lockdown over the coronavirus COVID-19 outbreak.