For this group of people even they need not kill themselves they will still die from the virus later part KNN so what's the point to open up the economy KNN should just revert to living in stone age KNN
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Another nail down the coffin for Herd immunity strategy
- Thread starter vamjok
- Start date
One cannot downplay the seriousness of such abnormal virus that even a human body cannot build an immunity against it. It is a smart virus, and may mutate to be something greater, no science could understand, just like HIV. You have better start worrying instead of pretending it is just a flu. If PAP has taken a drastic measure at the first onset in January, Singaporeans won't be so screwed by the situation by now. Pretention is the mother of all problems. We are all fucked by this government!
This is not a problem for any one country. It is something that humanity has to accept. The virus couldn't care less where you are from. To think that viruses can be stopped at national boundaries forever is naive. Any difference between death and infection rates between countries is but a temporary phenomenon.
There are only two ways this episode can play out. Either the virus mutates into a strain that is predominantly harmless or humans gradually adapt to its presence the way that we have done with influenza.
Don't expect complete salvation from a vaccine. With influenza it is quite common to have a quadrivalent concoction that is less than 30% effective overall and even lower in the elderly because the over 65s have a very poor immune response. There is no reason to expect that a covid-19 vaccine will be any better. The fact that it has morphed into more than 30 different mutations in 3 months is going to make the job even more complicated.
Influenza killed 80,000 in the USA in the 2018/19 flu season. When only 20,000 die it's considered a good year.
Humans are not indestructible and we are going to die. The sooner the majority can accept this fact the sooner life can return to normal despite the presence of Covid-19 in the general population.
KNN this is a very depressing hard truth but life can never be leeturned to normal KNN if it does it is just pretentious and the truth is it is no longer meaningful to lead a life with goals moving forward KNN since majority of human will not be able to accept the hard truth the best way my uncle think is to forgo the economy and extend life by indefinite lockdown KNN
You don't need to be pessimistic because Covid-19 is not going to make a scrap of difference to the overall mortality rate once it is endemic in the population.
Take the spanish flu as an example it killed 2% of those infected 1918/19 but it was over and done with by summer of 1919 and the boom years followed. It did not continue to kill at the same rate from 1919 onwards. It just became part of the overall annual flu mortality rate which varies from year to year depending on which strain is predominant.
Singaporeans should be far more worried about dying from heart disease and tens of thousands of lives could be saved every year if everyone adopted the Mediterranean diet high of fibre, olive oil and omega3 instead of the greasy, stodgy disgusting food that Singaporeans shovel in on a daily basis.
In a nutshell. Death is part of life. Deal with it
How to be not pessimistic when there are already so many life threatening diseases on hand that are non preventable and with added covid loads KNN every new born will be subjected to playing Russian roulette from now and if the wiser people were to think deep they wouldn't want to bring more new lifes to this world to go through these sufferings KNN
It's not russian roulette "from now on" it has always been russian roulette.
Everyone is playing Russian roulette by being on earth. Wats the difference? Save a few lives n starve to death? Destroy the economy? A fate worse than death
It's added load to magazines KNN most people that requested for unlock for economy recovery are just running away from problem by diverting their attention driving themselves to work hard for their goals and death is just next to him awaiting face it man KNN
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You see, why do i always say all are xp and lessons perfect as it is in totality and nothing is even accidental ?
We're supposed to learn something else beyond the physical manifestation of mundane life amid this Covid19 thingy.
When we observed that our moon is at the exact size and distant to have the perfect tilt, sun eclipse and 4 seasons you should know this is a created realm and it's heavily guarded too. Ancient chinese records the moon wasn't there before.
Scientist also agreed our DNA was altered actually 4 times and there was a missing link we could never find if we've 'evolved'.
The Schumann resonances (SR) of the Earth's electromagnetic field spectrum was increase to 7.8Hz during the 911 incident. Yes, living in this era is exciting people actually buy the 'spin' that there was a threat to humanity and that collective 'Love' or care/concern actually united and uplifted our vibration and it's reflected or shown in Earth SR.
Earth SR or the Vibration/ Hz is our intelligence level. Unity is that 'intelligent'.
This COVID 19 is a blessing in disguise for the Earth actually healed up in a such a short time because of total lockdown not even one bullet was fired lol....... It is a brilliant move just using media and fear mongering against the ignorant of humans and the greed of bankers and control addicts governments it was perfectly executed.
The only thing missing now is the collective vibration of care, concern and love for each other despite the differences ie 'Unity in Diversity.' This Dormitories episode should teach us something, or will it ?
Drop the fear, raise the love in true unity and rise. The Law of One, there are no others.
Whether the Earth will change collectively is very unlikely though given that nothing is impossible but individually if you transcend this 'timeline' without fear, anger and frustration due to 'understanding' you've actually transcended 3rd density life.
Without sufferings there's no real growth hence the sayings if you've suffered much 'The Gods favours you' /shrug lol.......... Ai zhai ! Mai kia mai hum....
Be well, Namaste ~~ !
We're supposed to learn something else beyond the physical manifestation of mundane life amid this Covid19 thingy.
When we observed that our moon is at the exact size and distant to have the perfect tilt, sun eclipse and 4 seasons you should know this is a created realm and it's heavily guarded too. Ancient chinese records the moon wasn't there before.
Scientist also agreed our DNA was altered actually 4 times and there was a missing link we could never find if we've 'evolved'.
The Schumann resonances (SR) of the Earth's electromagnetic field spectrum was increase to 7.8Hz during the 911 incident. Yes, living in this era is exciting people actually buy the 'spin' that there was a threat to humanity and that collective 'Love' or care/concern actually united and uplifted our vibration and it's reflected or shown in Earth SR.
Earth SR or the Vibration/ Hz is our intelligence level. Unity is that 'intelligent'.
This COVID 19 is a blessing in disguise for the Earth actually healed up in a such a short time because of total lockdown not even one bullet was fired lol....... It is a brilliant move just using media and fear mongering against the ignorant of humans and the greed of bankers and control addicts governments it was perfectly executed.
The only thing missing now is the collective vibration of care, concern and love for each other despite the differences ie 'Unity in Diversity.' This Dormitories episode should teach us something, or will it ?
Drop the fear, raise the love in true unity and rise. The Law of One, there are no others.
Whether the Earth will change collectively is very unlikely though given that nothing is impossible but individually if you transcend this 'timeline' without fear, anger and frustration due to 'understanding' you've actually transcended 3rd density life.
Without sufferings there's no real growth hence the sayings if you've suffered much 'The Gods favours you' /shrug lol.......... Ai zhai ! Mai kia mai hum....
Be well, Namaste ~~ !
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To all those that advocate for the lockdown. I hope u reap wat u sow in this life n burn In hell in yr next life for the misery u advocate.
More companies announce wage cuts, no-pay leave amid COVID-19 economic downturn
Jeremy Long Chinatown
A lone passerby walks past a street of shuttered shops in the sweltering afternoon heat in Chinatown. (Photo: Jeremy Long)
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SINGAPORE: More businesses are announcing wage cuts or nudging employees to go on no-pay leave amid the ongoing COVID-19 pandemic, which has cast a dark cloud over many industries and the economy.
The Singapore central bank earlier this week warned that the country will enter a recession this year, and cautioned that wages, instead of jobs, will “bear the brunt” of the downturn in the near term as companies tighten their belts on the back of declining revenue.
Already, some companies have done so in recent months.
With the aviation industry under severe turbulence, national carrier Singapore Airlines announced a slew of cost-cutting measures in March, including wage cuts for its management team and compulsory no-pay leave for employees.
READ: MAS expects more job losses, wage cuts as economy deals with ‘large, abrupt shock’ from COVID-19
BreadTalk Group is also cutting senior and middle management’s pay by 10 to 50 per cent for three months until June, affecting about 137 employees across Southeast Asia.
A survey conducted in March by human resources consultancy Mercer Singapore showed 3 per cent of firms here having cut workers' salaries and another 5 per cent mulling this option.
Eleven per cent of those surveyed have, meanwhile, reduced salary increment budgets, with another 22 per cent planning to do so.
Among the latest, UK-based insurance broker Aon announced on Monday (Apr 27) that 70 per cent of its staff worldwide will take a pay cut of about 20 per cent from May 1, while salaries of its chief executive and other senior executives will be halved.
In a memo to employees, CEO Greg Case said the firm has opted for wage reductions, instead of layoffs, to “protect jobs”.
The pay cuts will be “temporary”, said Aon, without specifying a time frame.
Mr Case said it might be “too early in this economic crisis to determine how (the company will) ultimately mitigate these action”.
Touching on how the pay cuts were derived, Aon’s top boss said they were based on “a set of criteria, including the cost-of-living” in the countries the company operates.
“Based on that analysis, we have set a floor in each country. This means that approximately 30 per cent of our colleagues will see no reduction,” he said, adding that salary cuts for the remaining 70 per cent will be done in “accordance with local practices”.
When contacted, a company spokesperson declined to comment on how many workers in Singapore will be affected.
According to one employee, a video conference was held this week for staff in Singapore to raise questions about the company’s latest move.
Another who spoke to CNA on condition of anonymity said employees have been told to wait for more details. Aon employs about 808 people in Singapore.
READ: SIA to implement COVID-19 cost-cutting measures, up to 7 days no-pay leave a month for pilots
Over at Grab, staff in Singapore have been encouraged to go on voluntary no-pay leave, and the salaries of its senior management have been cut by up to 20 per cent.
In a note to its drivers – signed off by Grab Singapore’s head of transport Andrew Chan and a copy of which was sent to the media on Wednesday – the ride-hailing giant said it has been “badly hit” by the coronavirus outbreak, with ridership numbers continuing to fall by double-digit percentages.
With even the big boys struggling, smaller businesses, particularly those in industries that have been hit hardest by COVID-19 measures, are mulling their options.
Mr Lim Wee Hsien, who co-owns Wursthans Switzerland at the new Paya Lebar Quarter shopping mall, said revenue at his 40-seater casual diner has plunged by 90 per cent since the circuit breaker rules were enforced.
The six-month-old restaurant remains open during this period, although for shorter hours, so as to keep the new brand going and earn whatever it can from deliveries to cover operating costs.
Government policies such as the Jobs Support Scheme to subsidise local employees’ salaries, have helped to alleviate cash flow concerns but with the circuit breaker extended until Jun 1, the outlook remains “bleak”, said Mr Lim.
Mr Lim said he has since discussed the possibility of a 20 to 30 per cent pay cut with his five full-timers during the circuit breaker period, given the shorter operating hours.
READ: Events postponed, restaurants ‘near empty’: F&B industry on the chopping block as COVID-19 measures bite
3,000 FIRMS NOTIFIED MOM ABOUT COST-CUT MOVES
Under new rules in place since Mar 12, employers are required to notify the Ministry of Manpower (MOM) if they take cost-saving measures that affect workers’ monthly salaries.
The ministry has since received notification from 3,000 firms with about 100,000 employees, said Manpower Minister Josephine Teo during a virtual media briefing on Wednesday.
Companies with at least 10 employees that intend to cut salaries by 25 per cent or more during the circuit breaker period must inform the Manpower Ministry.
Some of them have taken “sharp cuts”, said Mrs Teo.
“There have been quite a lot of discussions between employers and their workers to moderate the wage costs in order to tide through this period,” said Mrs Teo.
READ: Firms must report cost-saving measures that affect employees’ salaries: MOM
BRACE FOR MORE WAGE CUTS AFTER APRIL, MAY: ECONOMIST
The Monetary Authority of Singapore (MAS), in its latest half-yearly macroeconomic review released this week, warned that firms are likely to reduce labour costs via a combination of wage and headcount cuts as revenues fall.
Despite support from the Government, some firms affected by COVID-19 may still have to undertake cost adjustment measures, such as putting workers on shorter work weeks or no-pay leave.
“This could occur as wage subsidies and other support may still be insufficient to cover revenue losses for some firms,” it said.
Some companies may also ask workers to take pay cuts, and bonuses could also be reduced in some sectors, resulting in a decline in overall remuneration, MAS added.
Across industries, wage cuts are likely to happen “swiftly and sharply” in the transportation and storage, and financial services industries, where remuneration is highly responsive to changes in business cycle conditions.
Remuneration in financial services is also expected to suffer, while “significant” monthly wage declines can be expected in the accommodation and food services industry due to lower hours worked, the central bank pointed out.
READ: Singapore will enter a recession this year, ‘significant uncertainty’ over duration and intensity: MAS
Maybank Kim Eng economist Lee Ju Ye told CNA that she expects more companies to announce wage cuts in June, when Government support through the Jobs Support Scheme – a 75 per cent wage subsidy for firms in all sectors in April and May – will end for most firms.
In June and July, the larger subsidies of 50 per cent and 75 per cent will apply only to sectors most affected by the outbreak, such as aviation, tourism, and F&B. Employers from other sectors will get a 25 per cent wage subsidy.
Ms Lee said with other sectors unlikely to see a return to business as usual immediately after the circuit breaker is lifted, “normalisation will take time”.
“Once the Jobs Support Scheme ends and many sectors see support falling to 25 per cent, they may start to find labour cost as a very burdensome component hence wage cuts could only come then, rather than now,” said the economist, noting that this could happen across a broad range of sectors given the impact of COVID-19.
Analysts have said that the labour market will continue to weaken during the COVID-19 crisis, although Singapore’s first quarter employment figures were better than expected.
Overall wage growth for 2020 could even see its first decline since the global financial crisis in 2009.
"Back then, wages declined by an average of 2.7 per cent for the full year," according to Ms Lee.
“There has never been a period after that where wage growth turned negative. I think this time round it’ll be a steeper decline, as it affects more sectors and given how we will see more pay cuts starting from the second quarter,” said Ms Lee.
there's hope. with effective therapeutics and treatments to curtail severe cases, er and icu numbers will only go down, paving the way for normalcy to resume in hospitals. this should also pave the way to ease lockdowns.
https://finance.yahoo.com/news/gile...oronavirus-treatment-potential-160507199.html
How Gilead's coronavirus drug breakthrough is setting the tone for other potential treatments
Gilead Sciences (GILD)’s clinical trial results for a potential coronavirus treatment is being heralded as a breakthrough, largely by helping to blaze a trail for other drugs in the pipeline, while illuminating a path forward in the fight against a “scary” pandemic that’s infected over 3 million around the world.
Three separate studies of Gilead’s remdesivir — including a placebo trial by the National Institute of Allergy and Infectious Disease, which carries far more influence — have helped backstop markets, and sparked hopes that the COVID-19 crisis can be managed. The encouraging results have also opened the door for Gilead to pursue an emergency use authorization from the U.S. Food and Drug Administration.
“There’s a big sense of urgency here, I think the FDA understands the importance of reacting quickly to this,” CEO Daniel O’Day said on an earnings call Thursday. “It’s intense right now and...we think the FDA will move quite quickly on their decision on the labeling side.”
https://finance.yahoo.com/news/gile...oronavirus-treatment-potential-160507199.html
How Gilead's coronavirus drug breakthrough is setting the tone for other potential treatments
Gilead Sciences (GILD)’s clinical trial results for a potential coronavirus treatment is being heralded as a breakthrough, largely by helping to blaze a trail for other drugs in the pipeline, while illuminating a path forward in the fight against a “scary” pandemic that’s infected over 3 million around the world.
Three separate studies of Gilead’s remdesivir — including a placebo trial by the National Institute of Allergy and Infectious Disease, which carries far more influence — have helped backstop markets, and sparked hopes that the COVID-19 crisis can be managed. The encouraging results have also opened the door for Gilead to pursue an emergency use authorization from the U.S. Food and Drug Administration.
“There’s a big sense of urgency here, I think the FDA understands the importance of reacting quickly to this,” CEO Daniel O’Day said on an earnings call Thursday. “It’s intense right now and...we think the FDA will move quite quickly on their decision on the labeling side.”
Such good news from GILD but the stock is down by 6 percent today. Can trust or not?
No one has ever been conferred immunity from the common cold or influenza. Everyone has been infected repeatedly, some even lost loved ones due to the cold and flu, but not a soul in the world has become immune to the cold and flu.
The idea that people will become immune to the Wuhan Flu after infection is to assume right from the start that this strain of flu is totally different from other strains, and that it is more resembling of chicken pox, or measles. There is no evidence to suggest that.
That is why we LOCKDOWN!
kramer advises buying gild now as general market conditions are down. cannot buy into stocks now as knife is falling. must wait until more drugs and possibly a vaccine becum available. once they are approved by fda, hoot ah. for me, i already bought in at $69 so no need to worry.
Cramer cannot be trusted lah. He makes more money as a host than on his own trading. That's why he closed his hedge fund.
There are so many treatments and vaccines in the works ...don't know which one will make it. I think I will just buy a pharma ETF.
misspoke. should be "advises against buying gild" as knives are still falling. he's correct. if you want to buy gild, it should have been when it was $69 a share.
If nobody is ever going to become immune then a vaccine is not going to work either so I guess we have to lockdown forever for a virus that is no worse than the flu.
You can lock yourself down but I'm getting on with my life. I take far greater risks cycling on the streets 5 days a week.
If you're not playing devil's advocate here (which i often do) you honestly should seek psychiatric treatment. You're sounding more and more like those end-of-the-world cults.
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