Time (February 4)
“This week could prove crucial for understanding how much farther the outbreak is likely to spread and whether the dramatic efforts of Chinese authorities to contain the coronavirus have been effective.” Efforts include a massive quarantine that has “expanded to 16 surrounding cities with a combined population of more than 50 million, creating what is believed to be the largest quarantine in human history.”
Tags: China, Coronavirus, Crucial, Outbreak, Quarantine, Spread
Institutional Investor (April 13)
“The sell side doesn’t quite get it yet,” but a major shift will soon transform their very existence. With Phase two of the EU’s Markets in Financial Instruments Directive (MiFID) scheduled to take effect in January, broker-dealers must “explicitly price a dark art whose cost was previously wrapped into trading commissions (on equity products) or spread (on fixed income). And that, in turn, could put a lot of analysts out of work in Europe, the U.K….and, in time, the U.S. and everywhere else.” Current predictions are that by 2020 global research volume will decrease by around 25% to 60%… or even more.
Tags: Analysts, Broker dealers, EU, MiFID, Research, Sell-side, Spread, Trading commissions, U.S., UK, Volume
The Economist (September 20)
“The cost of halting Ebola’s spread is also rising exponentially. In August the World Health Organisation estimated that it would take nine months and cost $490m to contain Ebola. Now it reckons the cost has risen to over $1 billion. The longer the world prevaricates, the harder and costlier it will be to contain this outbreak.”
Tags: August, Containment, Cost, Ebola, Exponentially, Outbreak, Spread, WHO
The New York Times (September 7)
“The widening epidemic of Ebola in West Africa looks worse with each passing day. The outbreaks…have outstripped the ability of humanitarian groups and fragile government health systems to treat the sick and slow the spread.”
Tags: Ebola, Epidemic, Government, Health systems, Humanitarian, Outbreaks, Outstripped, Sick, Spread, West Africa
