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Thursday, April 30, 2020

GPA Project Headlines April 14-April 30, 2020



GLOBAL

 Belarus’ president doubts that lockdown measures could be efficient against Covid
PhD Epidemiologist: Social Distancing and Lockdown Worst Way to Deal with Airborne Respiratory Virus
Israeli professor offers alternate coronavirus prediction
Russian Scientists Reveal The Cause Of COVID-19 Complications, Work On Vaccine

 After the coronavirus: could the US collapse within the next year or two?
The Models, the Tests and Now the Consequences
The Agribusiness Model Is Failing
The Remarkable Doctor A. Fauci
Experts sound alarm for food shortage in US
Trump will order US meat processing plants to stay open amid coronavirus fears
America: Send Food, We’re Starving!
The Geopolitical Consequences of COVID-19: Over the Cliff

CDC Lifts Shutdown Order on Army Biolabs at Fort Detrick
Coronavirus Has Accelerated Decline of U.S. Global Hegemony
Will the US be Sued over COVID-19? Or what have Pentagon’s Biolabs been Up To?
Who is winning the China-US race to run the world amid the Covid-19 pandemic?
Bill Gates’ Plan to use Microneedles to Deliver COVID19 Vaccine and Embed Vaccination Status into the Skin
COVID-19 vaccine development may turn into an ideological race, say experts
Intelligence Agencies Mobilized in the Fight against Covid-19
Pentagon would be producing biological weapons in the Amazon Rainforest

 ??? WHO envoy says COVID-19 drugs tested now prove ineffective
The virus is here to stay: Harvard study

 Coronavirus outbreak in France did not come directly from China, gene-tracing scientists say
New research estimates COVID-19 "silently" spreading in U.S. "far earlier" than Americans knew
Coronavirus came to New York from Europe, not China, and Trump’s travel ban was too late to stop it, says Governor Andrew Cuomo

How the Chinese Authorities and the World Health Organization Handled the Coronavirus
Researchers crack COVID-19 genome signature
US expected to approve use of remdesivir after trials show it helped coronavirus patients
Chinese COVID-19 vaccine set for human trials in Australia
Gilead says leaked Covid-19 trial data of remdesivir inconclusive

 Cold War of Trump/Navarro vs China
Why the US can’t win new cold war it started
Covid-19 is the Perfect Catalyst for Trump's War Against China
Order at the Gates: Globalization, Techphobia, and The World Order
Trump says China wants him to lose 2020 re-election race to Biden
Commentary: U.S. shifting blame to China leads nowhere
These Are The Geostrategic Factors That Will Determine Whether China Wins World War C
China says it’s not interested in meddling in US election after Donald Trump said Beijing wants him to lose
Coronavirus: US politicians are telling ‘barefaced lies’, China says, after Donald Trump repeats call for Covid-19 damages
Covid-19 has blown apart the myth of Silicon Valley innovation
US unable to create coalition to demand compensation for pandemic from China — analyst

 Chinese Investors Interested in Russian Biomedical Start-Ups
BRICS and the Rivalry Pandemic. Online Presentation of the Valdai Club Report
Coronavirus escalates a pharmaceutical arms race
Sino-India Ties Will Emerge Stronger, Scale New Heights After COVID-19 Pandemic
BRICS Countries Discuss Coronavirus Response, Vaccine
Russian, Chinese Military Medics Discuss Fight Against COVID-19
Russia Pledges Collaboration with Africa to Fight Coronavirus
FINANCIAL

 China trials digital payments, prints less cash
Starbucks and McDonald’s Could Trial China’s Central Bank Digital Currency

The unbearable lightness of China
China to Pilot Distribute CBDC to State Employees
China's Tencent Launches Blockchain Accelator for the Public, Social Media Claims
China's Central Party School Wants a 'Sovereign Blockchain'
China Forms National Blockchain Committee with Huawei, Tencent, Ant Financial
Bank of China Seeks CME Group Probe in Negative Oil Prices
China has a massive 5G network but without the coronavirus conspiracy theories
US regulator moves closer to halt operations of three state-controlled Chinese telecoms companies

 Millions of Americans locked out of unemployment system, survey finds
The Covid-19 Crisis Is Setting The Stage For A New Global Electronic Monetary System
Decade of US growth ends as Fed warns of more virus hardship ahead
Boeing to cut workforce by 10% and reduce 787 production due to pandemic
US Federal Reserve warns virus 'poses considerable risks'

 Cuba’s First Bitcoin Exchange Launches Despite Restrictions
Coronavirus: pilots ‘devastated’ as British Airways set to slash up to 12,000 jobs
On the Brink: Contemporary Transformation of China’s Economic Growth Model
Deutsche Bank Reports Loss of €43 Million in Q1 2020
Big banks profit amid pandemic
India Plans to Resume Trade Dialogue with China Once Covid Situation Stabilizes
NDB Board of Governors Holds Fifth Annual Meeting in Virtual Format
HSBC Hurt by COVID-19, Q1 PBT Falls by 48% YoY

ENERGY

 U.S. Again Trying to Control Greenland to Dominate Arctic
Is Trump Looking for Greener Pastures in Greenland?

 Oil prices fictionally low: Analyst
An Historically Unprecedented Oil Crisis?
Trump warned Saudis to cut oil production or lose US military support: Reuters
Trump trying to provoke conflict in Middle East to prop up US oil industry: Analyst
As Oil Prices Rebound, Are Other Energy Commodities in Danger?
US Oil Futures Fall Below Zero Again, Can We Expect More?
Broker Suspends Oil Futures as Prices Went Negative
Oil price rally belies hard Covid-19 realities
The World’s Largest Oil Fund Scrambles To Survive, Reshuffles Holdings Again
Earnings Season Will Be A Bloodbath For Oil Producers

 Russia's Gazprom Eyes Capacity Increase on China Gas Export Link
China Refines More Oil Than The U.S. For The First Time Ever
China’s Import of Russian Oil Up by Double Digits
Russia's Sibur Plans LPG Exports to China as Epidemic Subsides There
Lukoil can work comfortably in Russia at an oil price of $ 9-11 per barrel — Alekperov
Oil Wars: A Zero-Sum Game. Online discussion
BRICS Has no Intention to Create Its Version of OPEC
BRICS: Toward a New Climate Agenda

 BRI-Led Regionalization Rolls On As Gwadar Port Opens Afghan Trade To The World

OTHER DEVELOPMENTS

US deployment of low-yield nuclear warheads dangerous, causes destabilization — diplomat
US hypocrisy is beyond redemption
White House is Sending “Royal” Gifts to Belarus
US Sends 70 Arms-Loaded Trucks to Northeastern Syria
Pentagon Asks to Keep Future Spending Secret
Why the US withdrew its bombers from Guam
Pentagon puts F-35 on supersonic short-leash
Washington Violates International Space Law
Army Enlists Nine Inch Nails Member for New Coronavirus-Themed Recruiting Video

 Cybercrime rates in Moscow triple in April, police says
The Czech Republic's Russian Assassin Scandal Reeks Of The Skripal Conspiracy
Artificial origin of novel coronavirus cannot be ruled out — Russian expert

 Major Yemeni Op Clears Most of Province, Kills over 1,200 Saudi-Led Mercs
‘Iran will target US bases with missiles if it faces security threat: Senior official
US no longer party to JCPOA: EU on Washington’s anti-Iran bid
Senior Analyst: Trump’s PG Threat against Iran Based on Pentagon’s Wrong Assessments
Iran’s Zarif, Russia’s Lavrov dismiss as ‘impractical’ Pompeo’s anti-Iran UN bid
US should help own coronavirus-hit forces instead of threatening Iran: IRGC commander
Iran Civil Defense Chief Suspicious of US Level 4 Labs in Region

 Syria’s UN Envoy: Turkey Deployed US-Made HAWK Missiles to Idlib
Fuel truck bomb kills 40 in Turkish-controlled northwestern Syria city

 China's lunar rover travels about 448 meters on moon's far side

 China needs to prepare for risks from Russia’s grain export ban
Western media continues to spread fake news about North Korea
Kim Jong-un is ‘alive and well’ and staying in Wonsan, says top South Korean official
Chinese military lashes out at American warship’s ‘intrusion’ in South China Sea
Chinese navy puts two new nuclear submarines into service


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Tuesday, April 14, 2020

GPA Project Headlines April 1-14, 2020











GLOBAL
"Global actors might use the coronavirus to reshape the world without a war"--Belarus President

Can We Trust The WHO?
LOCK STEP: This is No Futuristic Scenario
Reactions to the Corona Virus Hint of a Wider Agenda
Searching for Truth in What We are being Told About Covid-19
A New World Is Being Born: What Will It be?
A Viral Pandemic or A Crime Scene?
The Hunt for Patient Zero
All Roads Lead to Dark Winter

Trump halts WHO funding as world scrambles to contain coronavirus pandemic

US accused of 'modern piracy' after diversion of masks meant for Europe
US method of sourcing protective gear baffling world amid coronavirus crisis
Mossad sneaking COVID-19 medical stocks - ordered by others - into Israel: Senior official
Researchers warn the COVID-19 lockdown will take its own toll on health
US food workers are in danger. That threatens all of us
US passes virus buck to WHO amid own failure
Wimbledon cancelled first time since 1945
US coronavirus deaths may be lower than feared, new data suggests
Coronavirus: Donald Trump speaks of mutiny as New York’s Andrew Cuomo says president is not a king
Kushner’s team seeks national coronavirus surveillance system
Coronavirus latest: US seeks to ‘fundamentally change’ World Health Organisation
Vancouver protesters call coronavirus fake news and say distancing rule should be defied, appalling health authorities
Trump working on plan to lift coronavirus restrictions, asserts ‘total authority’ over state governments
Coronavirus: in rebuff to Donald Trump, US states team up to plan reopening economy
Google releases location data to show if coronavirus lockdowns working in 131 countries
Coronavirus lockdowns must last six weeks to bring pandemic under control: researchers

Chinese military scientists hope to test coronavirus vaccine abroad
Chinese firms accelerate production of hydroxychloroquine, other APIs to meet global needs
China has no intention to take over US role
Chinese ventilator makers desperate for parts as global demand for machines hits 1 million

China rolls out the Health Silk Road



FINANCIAL
ENERGY 
OTHER DEVELOPMENTS
Plans to seize territories of other planets harm international cooperation, says Roscosmos

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Sunday, April 5, 2020

World at risk of second Great Depression due to coronavirus, says Chinese central bank

Measures to curb the spread of Covid-19 are likely to take a serious economic toll. Photo: Xinhua
South China Morning Post 
China’s central bank has warned the international community to be alert to the risk of a “Great Depression” in the wake of the Covid-19 outbreak, although it said the chances of this occurring was low.
“The possibility of a ‘Great Depression’ cannot be ruled out if the epidemic continues to run out of control, and the deterioration of the real economy is compounded by an eruption of financial risks,” Zhu Jun, director of the international department of the People's Bank of China, was quoted by local media as saying last week.
The difficult trade-off between the need to protect public health and the economic cost of shutting almost all face-to-face human activity has prompted warnings from many economists that the economic shock from Covid-19 may be more severe than the 2008 global financial crisis or even the Great Depression.
The latter, which began with the Wall Street Crash of 1929, saw credit markets freezing up, massive bankruptcies, US GDP falling by more than 10 per cent and unemployment rates that touched 25 per cent.
Professor Terence Chong Tai-leung from the department of economics at the Chinese University in Hong Kong, said he was optimistic the global contraction would not be as severe as the 1930s slump.
“Governments are likely to decide to ease off restrictions by July. They need to prevent disruptions that would cause food shortages, social unrest or greater damage to human lives and the economy than if the restrictions continued,” Chong said. “The economy will naturally rebound when restrictions are lifted.”
But there is evidence the major toll this crisis is already having a massive impact on the US employment situation. US initial jobless claims of 6.65 million last week, up from 3.3 million the week previous week, highlighted fears of mass unemployment
Currently global markets are already down 35 per cent, credit markets have seized up to 2008 levels. Even mainstream financial firms such as Goldman Sachs, JP Morgan and Morgan Stanley expect US GDP to fall by an annualised rate of 6 per cent in the first quarter, and by 24 per cent to 30 per cent in the second.
Moody’s has warned that 30 per cent of US home loans may stop being serviced as a result of job losses and a lack of support for small businesses.
Zhu from the Chinese central bank said the biggest market uncertainty came from the fact that central banks’ swift and forceful actions could not directly help to control the epidemic but stopping its spread would help market confidence.
He said the policies of advanced economies had helped stabilise stock market sentiment but hidden risks continued to exist in the global financial system.
For example, stock markets in developed countries have been rising for many years so their valuations are under pressure.
If the market panics due to the intensifying impact of the epidemic, that could lead to tighter market liquidity, triggering market contagion across different asset classes.
The corporate sector, which has a relatively high level of debt, could also see an increase of defaults on banks’ non-performing assets and corporate bonds.
Nouriel Roubini, professor of economics at New York University's Stern School of Business, said the public-health response in advanced economies has fallen far short of what is needed to contain the pandemic and so the risk of a “greater depression” was rising by the day.
He warned that if a series of virus-related negative supply shocks reduced potential growth, the fiscal response of many countries could hit a wall as they would not be able to borrow enough in their own currency.
“After the 2008 crash, a forceful (though delayed) response pulled the global economy back from the abyss. We may not be so lucky this time,” Roubini said. “Who will bail out governments, corporations, banks and households in emerging markets?”
Despite a US$349 billion government backstop, US banks are refusing to lend to struggling small businesses at 0.5 per cent, and choosing to make the loans at 1.0 per cent instead.
Michael Every, global strategist at Rabobank said, in reality these financial packages can be hard to access, and may not be really effective.
“That is a Great Depression happening in the blink of an eye,” Every said. “Who knows where the damage will spread to, and when, if we are going to see 25 per cent unemployment across much of the developed world for an extended period?”

https://www.scmp.com/economy/china-economy/article/3078519/world-risk-second-great-depression-due-coronavirus-says
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