Many places in China resumed morning rush hour on Monday. The International Olympic Organizing Committee has confirmed that it has officially considered postponed the Tokyo Olympics. The epidemic puts the US economy on the brink of a cliff. Italy's suggestions to the Chinese expert group are all accepted by
text/Finance data researcher Xu Jin
picture/Finance visual center
edited by HAO Zhou
1. There are many places in China to regain traffic. Hubei Huangshi is the first to unblock
Figure 1
Today's domestic brief description: As of 24:00 on March 22, 39 new confirmed cases were reported in China, all of which were imported from abroad. Hubei has no new confirmed or suspected cases for five consecutive days. On March 17, China's daily power generation increased for the first time since the Spring Festival, and social production and life accelerated to return to normal. Today is Monday, with traffic coming back from many major cities across the country, and Beijing even reached a serious congestion level according to Baidu index. The urban pulse is recovering. Huangshi has become the first city in Hubei Province to be fully unblocked. Jingmen City resumes bus passenger transport, and Xiaogan City will cancel the odd and even number control measures.
2. The Tokyo Olympics may really be postponed.
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, the cumulative number of confirmed cases overseas has exceeded 250,000, which is three times that of China. Michael Ryan, head of the World Health Organization emergency project, said that countries cannot rely solely on lockdowns to fight back the epidemic, otherwise the epidemic may make a comeback once the activity restrictions and the lockdown order are lifted. The most urgent task is to test and find confirmed patients and close contacts and isolate them.
The International Olympic Committee (IOC) official confirmed early this morning that it is considering postponing the 2020 Tokyo Olympics, but will not be cancelled. The Canadian Olympic Committee and the Australian Olympic Committee issued statements on the Tokyo Olympics today, expressing their hope that the Tokyo Olympics will be postponed. The Tokyo Olympic Organizing Committee is already testing the cost and expenses of the Olympic postponement.
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Italy indeed as we said yesterday, there was no way to continue to take the Hubei route, but it was directly tangential to the yellow line, so it would surpass China. Considering that Italy's population is much smaller than China, its medical resources and social resources that can be used for barriers and treatment are worrying. Europe has doubled its growth trend compared to China, and the growth trend has not been clearly slowed down. The United States crossed the yellow line as scheduled, which means that there is no suspense that the total volume surpassed China. If the current trend is maintained, it is highly likely that it will be comparable to Europe or even surpass Europe.
3. One third of the confirmed cases in the United States are concentrated in New York, and GDP may drop by 50% in the second quarter
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confirmed cases in the United States quickly exceeded 30,000. Washington State After New York State , it became the second "major disaster area" in the United States. As of the 22nd, eight states in the United States have announced "home quarantine orders", covering nearly one-third of the U.S. population. New York Mayor De Blasio said that one-third of the confirmed cases of COVID-19 in the United States are in New York, and this situation will not improve in the short term. "The fact is that the situation is deteriorating." Trump President has launched the Defense Production Act to "ensure the acquisition of necessary authorizations, give priority to the production of government contract projects, and allocate scarce resources to where they are most needed."
New York Stock Exchange will close the trading floor for the first time starting March 23, and conduct temporary full electronic trading. James Brad, president of the Federal Reserve Bank of St. Louis, predicted on the 22nd that the unemployment rate in the United States may reach 30% in the second quarter, which means that the unemployment rate in the United States will exceed the " Great Depression" period in the 1930s. He also predicts that the U.S. GDP will drop by 50% in the second quarter.
4. The UK threatens residents with a "complete lockdown", Merkel is forced to quarantine at home
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British Prime Minister Johnson warned on the evening of the 22nd that if many public still ignore the government's advice and maintain social distance to prevent the spread of the new coronavirus, the government will announce in 24 hours that it will follow Italy, Spain and France to implement comprehensive closure measures, including restricting the movement of people and imposing curfews, and closing all other stores except food stores and pharmacies.
The French Senate and the National Assembly have successively passed emergency response bills for the new crown pneumonia epidemic. The bill stipulates that France will establish a public health emergency for a period of 2 months from the date of its entry into force. During this period, the French government can restrict the outing and movement of personnel by issuing administrative laws, requisition necessary materials and services, and provide financial assistance to enterprises and individuals.
Spain declares a national emergency for another 15 days. Spanish tenor singer Placido Domingo has confirmed to be infected with the new coronavirus.
Greece starts to implement comprehensive closure and public foothold measures nationwide starting from 6 a.m. local time on the 23rd.
According to the Russian government order, Russia will temporarily restrict air traffic with all countries from the 23rd. Except for charter flights for evacuation, only one route will be retained with each country. Russia and China will retain the round-trip voyage from Moscow to Beijing.
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Italy has a cumulative confirmed cases of nearly 60,000. The Chinese ambassador to Italy introduced that Italy almost accepted and adopted all the improvement opinions put forward by experts in China to support Italy. In Rome, the capital of Italy, the police intercepted pedestrians on the streets and checked their documents. If they found that someone was traveling without reasonable reasons, they would be fined. In addition, all stores will be closed except supermarkets, banks, pharmacies and post offices. The Italian government appealed to US Secretary of Defense Mark Esper to request the United States to provide military assistance to fight the epidemic and provide critical medical equipment such as masks and ventilators. At the same time, the Italian government also demanded that US military personnel stationed in Italy provide medical personnel and field hospitals to the Italian authorities to support the Italian army that is fighting the epidemic there.
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German Chancellor Angela Merkel announced on the evening of the 22nd local time that gatherings of more than two people are prohibited nationwide, but family members are excluded. Experts say that if lockdown measures are not taken, Germany will have 8 million infections by the end of April. Various German polls also show that more than 2/3 of the people are in favor of "lockdown". Merkel herself will undergo home quarantine because the doctor who has provided her with treatment tested positive for the new coronavirus.
5, Iran rejects US aid: "You can keep it for yourself!"
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U.S. President Trump said on the 22nd that he is willing to help North Korea, Iran and other countries fight the epidemic. But Iran's supreme leader Khamenei said Iran has the ability to deal with problems and challenges at all levels alone. Khamenei said, "The United States itself is facing a shortage of (materials). So you should keep it for yourself." The United States just announced new sanctions on Iran on March 18.
[Special Note: The above statistics are the official statistics of the WHO before February 28, and the data deadline is 17:00 Beijing time per day; starting from February 28, the data is based on public information statistics by Finance, and the deadline is 9:00 Beijing time per day]
7. Quick review of global epidemic figures:
. [50% salary cut for executives] United Airlines' revenue in March is expected to decrease by US$1.5 billion year-on-year. Flights will also be cut by 50% in April and May. The salaries of senior management of the company will also be cut by 50%. . [2/3 of the layoffs] Australia's largest airline, Qantas and its Jetstar, have grounded all international flights. On the 19th, it announced that two-thirds of its employees will temporarily leave their jobs starting from the end of March, which means that about 20,000 people will be unemployed in the short term. Air New Zealand also announced a 85% reduction in long-distance routes and significantly lay off employees.Summary: Many places in China resumed their morning peak on Monday, and Huangshi became the first prefecture-level city in Hubei Province to be fully unsealed. The International Olympic Organizing Committee has confirmed that it has officially considered postponed the Tokyo Olympics. The epidemic puts the US economy on the brink of a cliff, and may experience a 50% recession in the second quarter. German Chancellor Angela Merkel was forced to stay at home quarantine. Italy accepted all suggestions from the Chinese expert group.
