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Opinion

Singapore’s Covid Response Overlooked a Major Factor: Fear – Bloomberg

Mastering data is only half the battle. A major reason hospitals were getting overwhelmed is because people were scared, and the government missed an opportunity to send the right message.

http://archive.today/2021.09.29-021044/https://www.bloomberg.com/opinion/articles/2021-09-28/singapore-forgot-about-managing-fear-when-it-battled-covid-by-the-numbers

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News

Pfizer Sells $1 Billion Bond Funding Vaccine Production – Bloomberg

Proceeds from the sale are marked for research and development expenses and the manufacturing and distribution of Covid-19 vaccines. The New York-based pharmaceutical company sees the vaccine bringing in $33.5 billion of revenue this year, which would make it one of the top-selling medicines ever.

http://archive.today/2021.09.06-162254/https://www.bloomberg.com/news/articles/2021-08-16/pfizer-to-sell-sustainability-bond-funding-vaccine-production

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Publications

Social bonds in response to the Covid-19 crisis: when financial markets save lives

Social bonds are an attractive investment for worldwide institutional and individual investors looking for a socially responsible investment with a clear, unambiguous purpose and a portfolio diversification opportunity with attractive risk-adjusted returns. Although the social bond market has been growing fast, it has so far remained a niche sector.

…Over the last few weeks, several social Covid-19 bonds have already been issued by a number of multilateral institutions and public agencies and are already generating significant investor interest, paving the way for more issuances. The stage is now set for social bonds to move from a niche solution to a mainstream one.

http://archive.today/2021.09.06-173555/https://www.ecmi.eu/sites/default/files/when_financial_markets_save_lives_ecmi_commentary.pdf

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News

The Cruise Ship Suicides – Bloomberg

Confined mostly to tiny cabins as the pandemic unfolded, crew members struggled to cope.

https://web.archive.org/web/20201230111350/https://www.bloomberg.com/features/2020-cruise-ship-suicides/

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News

The Tiny Data Firm at the Center of the Hydroxychloroquine Storm – Bloomberg

The World Health Organization had suspended clinical trial programs using hydroxychloroquine following the initial report, as did the U.K. and France. The Lancet’s peer-reviewed study, published on May 22, claimed to have analyzed Surgisphere data collected from almost 96,000 Covid-19 patients across the globe.

But in the days after publication, concerns over the underlying data bubbled up. Questions arose over how Surgisphere, a little-known company that claims to have 11 employees, could have reached agreements on sharing sensitive patient information with some 1,200 hospitals around the world, much less received and processed the data so quickly.

https://www.bloomberg.com/news/articles/2020-06-05/the-tiny-data-firm-at-the-center-of-the-hydroxychloroquine-storm

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News

Covid-19 Patients Not Infectious After 11 Days: Singapore Study – Bloomberg

Covid-19 patients are no longer infectious after 11 days of getting sick even though some may still test positive, according to a new study by infectious disease experts in Singapore.

A positive test “does not equate to infectiousness or viable virus,” a joint research paper by Singapore’s National Centre for Infectious Diseases and the Academy of Medicine, Singapore said. The virus “could not be isolated or cultured after day 11 of illness.”

https://www.bloomberg.com/news/articles/2020-05-24/covid-19-patients-not-infectious-after-11-days-singapore-study

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News

Europe’s Bread Lines Get New Faces in Warning of Crisis to Come – Bloomberg

Food banks see higher demand from professionals, self-employed

 Higher income inequality could lead to voter backlash, unrest

https://www.bloomberg.com/news/articles/2020-05-22/europe-s-bread-lines-get-new-faces-in-warning-of-crisis-to-come

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News

U.K. Jobless Claims Surged in April as Lockdown Kicked In – Bloomberg

Yet a sharp drop in vacancies signals trouble ahead. Vacancies fell 170,000 in three months to April, the biggest drop since the series began in 2001. Job openings had all but collapsed entirely by the time the lockdown was announced, according to research from the Institute for Fiscal Studies, with the decline coming across the wage distribution.

https://www.bloomberg.com/news/articles/2020-05-19/u-k-jobless-claims-surged-by-856-500-in-april-as-virus-struck

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News

Furloughed and Frustrated, Workers Are Struggling Across the U.K. – Bloomberg

Benefit claims made by unemployed and underemployed people in the U.K. rose more last month than at any time on record, with the pain spread throughout the country. Jobseeker’s Allowance and related Universal Credit claims jumped by 856,500 in April alone. For context, the worst month during the 2008-09 financial crisis saw claims increase by 143,000.

https://www.bloomberg.com/graphics/2020-uk-unemployment-benefits-covid-19/

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News

End Lockdown for Young to Give Economy a Chance, Research Says – Bloomberg

https://www.bloomberg.com/news/articles/2020-04-06/end-lockdown-for-young-to-give-economy-a-chance-research-says