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Category Archives: Economy

How the pandemic might play out in 2021 and beyond

Nature – This coronavirus is here for the long haul – here’s what scientists predict for the next months and years. “…It is clear now that summer does not uniformly stop the virus, but warm weather might make it easier to contain in temperate regions. In areas that will get colder in the second half of 2020, experts think there is likely to be an increase in transmission. Many human respiratory viruses — influenza, other human coronaviruses and respiratory syncytial virus (RSV) — follow seasonal oscillations that lead to winter outbreaks, so it is likely that SARS-CoV-2 will follow suit. “I expect SARS-CoV-2 infection rate, and also potentially disease outcome, to be worse in the winter,” says Akiko Iwasaki, an immunobiologist at the Yale School of Medicine in New Haven, Connecticut. Evidence suggests that dry winter air improves the stability and transmission of respiratory viruses, and respiratory-tract immune defence might be impaired by inhaling dry air, she adds. In addition, in colder weather people are more likely to stay indoors, where virus transmission through droplets is a bigger risk, says Richard Neher, a computational biologist at the University of Basel in Switzerland. Simulations by Neher’s group show that seasonal variation is likely to affect the virus’s spread and might make containment in the Northern Hemisphere this winter more difficult…”

People are using Facebook and Instagram as search engines

NiemanLab – During a pandemic, that’s dangerous – Data voids on social networks are spreading misinformation and causing real world harm. Here are some ideas on how to fix the problem. “We are especially vulnerable when we want to know something — such as how to treat Covid-19 — but no credible information exists. At… Continue Reading

As COVID-19 Tanks the Economy Eviction Moratoriums Expire

Pew Stateline: “It’s the beginning of the month, rent is due, the $600 in federal unemployment relief has lapsed and Congress seems far from agreeing on another coronavirus aid package. Meanwhile, the federal moratorium on evictions has ended, and similar mandates in many cities and states have expired or soon will. This week, as pressure… Continue Reading

Toto, we are not in Kansas anymore A Critical Reflection on Zoomification

Steininger, Silvia: Toto, we are not in Kansas anymore: A Critical Reflection on Zoomification, VerfBlog, 2020/8/04: “The massive consequences of the Covid-19 pandemic are felt throughout the world, not the least in our daily work as scholars and practitioners. While the effect of the pandemic upon the political, legal, and economic systems have been widely… Continue Reading

Will COVID-19 mark the end of scientific publishing as we know it?

Phys.org: “”The argument for open access is so obvious, it’s painful to have to repeat it,” says Schekman, a 2013 Nobel laureate and UC Berkeley biologist. “The public pays for the research, and yet they can’t read the research. Physicians don’t have access to the literature—startup biotech companies at the forefront of discovery can’t afford… Continue Reading

Most Americans Say State Governments Have Lifted COVID-19 Restrictions Too Quickly

“As a growing number of states grapple with a rise in coronavirus cases, a sizable majority of U.S. adults (69%) say their greater concern is that state governments have been lifting restrictions on public activity too quickly. Fewer than half as many, just 30%, say their bigger concern is that states have been too slow… Continue Reading

COVID recovery choices shape future climate

EurekAlert: “A post-lockdown economic recovery plan that incorporates and emphasises climate-friendly choices could help significantly in the battle against global warming, according to a new study. This is despite the sudden reduction of greenhouse gas emissions and air pollutants during lockdown having a negligible impact on holding down global temperature change. The researchers warn that… Continue Reading

FDIC BankFindSuite

“BankFind Suite is a way for users to search the FDIC’s extensive data records. BankFind Suite allows you to locate current and former FDIC-insured banking institutions by name, FDIC certificate number, website and/or by location. The Suite also allows a user to follow the history and financial trends of an individual institution, group of institutions,… Continue Reading

In These Neighborhoods, the Jobless Rate May Top 30 Percent

The New York Times: “The economic damage from the coronavirus is most visible in areas like Midtown Manhattan, where lunch spots have closed, businesses have gone dark and once-crowded sidewalks have emptied. But some of the worst economic pain lies in other neighborhoods, in the places where workers who’ve endured the broadest job losses live.… Continue Reading

Public to Private Equity in the United States: A Long-Term Look

Morgan Stanley: “Over the past quarter century there has been a marked shift in U.S. equities from public markets to private markets controlled by buyout and venture capital firms. This change has had reverberations for asset managers, investors, executives, and policy makers. In this report we seek to answer the following questions: What have been… Continue Reading

Treasury and Federal Reserve Financial Assistance in Title IV of the CARES Act

Treasury and Federal Reserve Financial Assistance in Title IV of the CARES Act (P.L.116-136) Updated August 5, 2020: “The Coronavirus Aid, Relief, and Economic Security Act (CARES Act;H.R. 748)was signed into law as P.L. 116-136on March 27, 2020,to assist those affected by the economic impact of Coronavirus Disease 2019(COVID-19). This assistance is targeted to consumers,… Continue Reading

Why Markets Don’t Seem to Care If the Economy Stinks

The Big Picture – Barry Ritholtz: “The economy we each experience – local, personal and (for the most part) not publicly traded – has been awful. To explain why these subjective experiences are not weighing down equity markets, we must look more closely into the intersection between the weakest industry sectors in 2020 and their… Continue Reading