Coronavirus shutdowns causing food prices to soar

A handful of the world’s most important commodities – these include corn, wheat, soybeans, and vegetable oils – are skyrocketing in price, thanks to the economic shutdowns imposed in response to the Wuhan coronavirus (Covid-19). This week’s Bloomberg Agriculture Spot Index, which tracks key farm products, shows a nine-year record surge in price for these commodities. … Continue reading Coronavirus shutdowns causing food prices to soar

Economist calls for more freedom in Germany as extended lockdown keeps bankrupting businesses

Gabriel Felbermayr, president of the Kiel Institute for the World Economy in Germany, is calling for more freedom in the country as the lockdown imposed to stem the Wuhan coronavirus (COVID-19) pandemic keeps bankrupting businesses. Since November last year, Germany has been under a strict lockdown that requires shops, hotels and restaurants across the nation to close temporarily. The measure … Continue reading Economist calls for more freedom in Germany as extended lockdown keeps bankrupting businesses

“If lockdown were a drug, it wouldn’t be approved,” says UK medical researcher – lockdowns do more harm than good

In an op-ed published by the Daily Mail, British medical researcher and oncologist Angus Dalgleish argued that the United Kingdom should not entertain the notion of a second national lockdown as a means of fighting against the Wuhan coronavirus (COVID-19). Dalgleish argues that, if a lockdown were a drug, it would not be approved by British regulatory authorities … Continue reading “If lockdown were a drug, it wouldn’t be approved,” says UK medical researcher – lockdowns do more harm than good

Germany keeps lockdown in place even as the government receives intense criticism from business organizations

German businesses and trade organizations are strongly criticizing the government of Chancellor Angela Merkel its decision to extend the country’s Wuhan coronavirus (COVID-19) lockdown, despite the objections from the country’s private sector. “Businesses are growing increasingly desperate and angry,” said Guido Zollick, head of the German Hotel and Restaurant Association. “More and more fear for their existence.” Zollick spoke … Continue reading Germany keeps lockdown in place even as the government receives intense criticism from business organizations

WHO: Lockdowns not the primary method for fighting COVID-19, governments must develop “better systems” against pandemic

An increasing number of doctors and other health professionals and experts, including members of the World Health Organization (WHO), are joining the call to warn policymakers against reimposing restrictive lockdowns. These medical professionals argue that the lockdowns do more harm than good in the fight against the Wuhan coronavirus (COVID-19). During an interview with The Spectator aired on Oct. 9, WHO doctor … Continue reading WHO: Lockdowns not the primary method for fighting COVID-19, governments must develop “better systems” against pandemic

Coronavirus lays bare the fact that Americans don’t save and are NEVER prepared for financial disruptions

Nobody saw the Wuhan coronavirus (COVID-19) coming, per se. Yes, the Chinese government was well aware that it had a (another) novel coronavirus outbreak on its hands weeks before President Xi Jinping and his Communist cohorts decided to let the rest of the world know about it, that’s true. But no one could foretell when a … Continue reading Coronavirus lays bare the fact that Americans don’t save and are NEVER prepared for financial disruptions