Economic effect of Ncov2019 Corona Virus

[kiwibird]

https://www.straitstimes.com/asia/e...d=20&cx_testVariant=cx_5&cx_artPos=4#cxrecs_s
HONG KONG (AFP) - Hong Kong's flagship carrier Cathay Pacific is asking its 27,000 employees to take up to three weeks of unpaid leave, chief executive officer Augustus Tang said on Wednesday (Feb 5), as the airline faces a crisis in the wake of the new coronavirus outbreak. ...snip

 

[kiwibird]

https://www.thestar.com.my/news/reg...nd-china-cleans-cash-in-virus-sparked-hygiene
snip....
Doing business during a pandemic is anything but simple. In efforts to protect staff and customers from the rapidly spreading coronavirus, plenty of firms have told employees to work from home, restricted travel, and relaxed dress codes to allow employees to wear masks.

But where remote work isn’t possible or interacting with customers is critical, companies are looking for compromises and workarounds that keep people healthy and the business afloat.

Masks, of course, are ubiquitous, and gloves are becoming more common. On a recent Air New Zealand flight from Vancouver to Auckland, flight attendants wore blue surgical gloves when handling passenger’s boarding passes as they entered the plane.
...
Banks have also started requiring tellers to wear gloves to minimise the potential transmission from customers and from notes and coins.

The People’s Bank of China, meanwhile, has begun using ultraviolet light and high-temperature ovens to disinfect cash coming in. It’s also replacing old notes with newly minted bills.

At the central bank’s branch in Xi’an, a city in central China, it’s piping in ozone to fight the virus.
.... snip

 

[kiwibird]

[h=1]https://www.scmp.com/business/banking-finance/article/3049396/hong-kong-banks-offer-relief-mortgages-credit-cards
"Hong Kong banks to offer relief on mortgages, credit cards, corporate loans as coronavirus outbreak weighs on economy[/h] Banks should take a ‘sympathetic stance’ when dealing with customers facing financial difficulty, HKMA says"
... snip

 

[Rose]

Can we have a sub form specifically for Economics 2019NCov like there was for H5N1? There’s a lot to sort through.

 

[Commonground]

[h=1]Global Rush to Safety Sends Treasury Yields to Lowest Since 2016[/h] By John Ainger and Stephen Spratt February 24, 2020, 2:10 AM ESTUpdated on February 24, 2020, 5:13 AM EST

• Ten-year Treasury yield drops to lowest level since 2016
• Entirety of German yield curve falls below 0% as safety sought

...https://www.bloomberg.com//news/art...016-lows-with-virus-spreading?srnd=markets-vp