Harvard Enterprise College briefly strikes some MBA courses on-line to curb Covid outbreak

Harvard Business School

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Harvard Business School put all classroom MBA and some sophomore courses online this week and increased their numbers Covid-19 Testing requirements to curb the recent surge in groundbreaking cases on campus.

The Boston school is moving to distance learning by October 3 to try to quell the virus that primarily infects the university’s fully vaccinated students, according to the institution’s website. Around 95% of the students and 96% of the university staff are vaccinated. More than 1,000 students are enrolled at the Business School in the 2023 class.

“Contact tracers who have worked with positive cases highlight that the broadcast does not take place in classrooms or other academic settings on campus,” business school spokesman Mark Cautela said in a statement. “Nor does it occur with people who are masked.”

Cautela added that the university urges students to avoid unmasked indoor events, group travel, and meeting people outside their household.

The business school is also ordering Covid tests for all students three times a week, regardless of vaccination status, Cautela said. The university previously required fully vaccinated students to get tested once a week, while unvaccinated students had to submit test results twice a week.

Harvard students account for the majority of active Covid cases on campus, according to the school’s online coronavirus dashboard. The university conducted 41,864 Covid tests from September 20 to September 25 and found that graduate students accounted for 60 of the 74 positive test results recorded over those six days.

Harvard reports that 87 students are currently isolating after exposure to Covid while 28 students are in quarantine. Masks remain mandatory in all Harvard interiors.

David Roche on China Covid outbreak hitting progress, markets

Medical staff are working on the sixth round of the Covid-19 test since the end of July in Nanjing, east China’s Jiangsu Province, on Sunday, August 8, 2021.

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China has tightened Covid-19 measures to combat a surge in daily cases – a move that could curb the country’s economic growth and hurt its stock markets, veteran strategist David Roche said.

Investor sentiment towards Chinese stocks was boosted by Beijing’s regulatory crackdown on sectors such as technology and Tutoring after school.

“The markets have gotten into the mindset that Covid is very … bad, but the economic recovery is picking up locks, removing social restrictions – this is something of the world recipe right now,” said Roche, President and Global Strategist, Independent Strategy. said CNBCs “Road signs Asia” on Tuesday.

“Well, it is not the world recipe in China for good reasons, and so markets have to accept that it has an economic cost not just within China but globally,” he added.

I think China is about to end its great recovery story from Covid …

David Roche

President and Global Strategist, Independent Strategy

The country’s National Health Commission reported 143 new Covid cases in mainland China on Monday – the highest number of daily infections since January, according to Reuters. Attributed to Chinese State Media the recent resurgence of infections on the highly transmissible Delta variant.

Chinese authorities ruled last week Mass tests in Wuhan city – where the coronavirus was first discovered – and imposed widespread restrictions on movement in major cities, including Beijing.

Some economists have raised concerns about China’s “zero tolerance” approach to Covid, which refers to the country’s aggressive crackdown on relapses in Covid cases. The approach, which includes rigorous lockdowns and mass testing, helped China keep previous outbreaks under control before the recent resurgence.

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But the Delta variant is more contagious and could be more difficult to contain – and that could hurt China’s economic recovery, economists warn.

“If lockdowns and vaccination advances do not allow local economies to reopen by mid-August or early September, we will have to rethink our GDP forecast of 8.8% for 2021,” wrote economists at Australian bank ANZ in a report on Tuesday.

China effect on the world economy

Any disruption in the Chinese economy could affect global economic growth, Roche said.

The strategist stated that wider lockdowns across China could disrupt global supply chains – many of which are in the country.

This could affect international trade, increase the cost of some goods, and raise inflation expectations around the world, he added.

Roche expects China’s year-over-year growth to slow to 2 to 3% in the third quarter 7.9% expansion in the second quarter.

In the longer term, China’s economic growth will level off at around 5 to 6%, according to Roche.

“I think China is about to end its great recovery story from Covid, which of course is ahead of the world … and is now converging on a long-term growth path that is much, much lower than what people are used to after China,” said he.

Singapore Finance Minister Lawrence Wong on air journey, Covid outbreak

SINGAPORE – Singapore Treasury Secretary Lawrence Wong said “open and free” air travel in Asia remains unlikely in the short term as parts of the region struggle with spikes in Covid-19 infections.

“I’m a little less confident about the prospect for air travel,” said Wong Martin Soong as part of the virtual CNBC Evolve Global Summit.

“The region is still facing rolling waves of infection and vaccination rates for many countries in the region are still not high enough. So I don’t think we will see open and free travel in the region in particular. “Soon,” said the minister, who also heads Singapore’s coronavirus task force.

Singapore is a Southeast Asian city-state with no domestic air travel market. International travel suddenly stalled last year due to the pandemic, and that hit Singapore’s aviation and tourism sectors – two key drivers of economic growth.

For the most part … none of this is going to match what we had before Covid. So I’m afraid that air travel will take some time to recover.

Lawrence Wong

Finance Minister, Singapore

Wong said the Singapore government continues to speak to its counterparts in the region about establishing “safer travel routes”. He did not name the places where Singapore is being discussed.

“Maybe we have some travel precautions among the countries with low and stable infections. There may be some benefits for vaccinated travelers in terms of shorter quarantine times, ”the minister said.

“But for the most part… none of this will match what we had before Covid. So I’m afraid that air travel will take some time to recover, ”added Wong.

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Covid situation in Singapore

Asia, where the coronavirus was first detected, has seen an increase in infections in recent months. Places from developing countries – such as such India and Nepal – In more developed economies such as Japan and Taiwan, there has been a resurgence in cases.

Singapore also saw a renewed surge in cases last month after previous success in containing the outbreak – prompting the government to Tighten social distancing measures.

Wong said these measures had worked and that allowed the country to Gradually loosen restrictions again. But he warned that the situation could be unpredictable.

“You know, with this virus, you can never tell what will happen in the next few days because… there will always be surprises. It’s a very tricky virus. Every time you think you have it under control, it emerges in a new direction, “said Wong.

The minister reiterated the government’s goal to have at least 50% of the population fully vaccinated by August.

Singapore seems on track to achieve this goal. Around 2.7 million people – or 47% of the country’s population – received at least the first dose of the Covid vaccine on Monday, according to data current data from the Ministry of Health.

Public well being prof on Taiwan outbreak, vaccination progress

The recent Covid-19 outbreak in Taiwan is a lesson that a containment strategy that targets zero local transmission may not be sustainable in the long term, a public health professor said Tuesday.

Before the recent explosion in cases, Taiwan had reported very few Covid infections for over a year – and most were imported. This allowed daily activities to continue largely normally and the island received international praise for its containment measures.

But it made Taiwan “completely vulnerable” to new variants of the coronavirus that are more communicable and potentially more serious, said Benjamin Cowling, professor and head of the epidemiology and biostatistics department at the University of Hong Kong’s School of Public Health.

“Probably less than 1% of their population had a natural infection, and therefore natural immunity, and … less than 1% have been vaccinated – so they are almost entirely susceptible,” Cowling told CNBC.Squawk Box Asia. “

Taiwan, with a population of around 24 million, reported more than 8,500 confirmed Covid cases and 124 deaths as of Monday. official data showed.

It is a warning to other parts of Asia that this strategy of elimination is also trying, it is not necessarily sustainable in the long run.

Benjamin Cowling

Hong Kong University School of Public Health

Cowling said Taiwan will have a hard time controlling the recent outbreak. Authorities may need tougher social distancing measures as testing capacity hasn’t been ramped up enough and the island’s vaccination progress has been slow, he added.

“It is a warning to other parts of Asia that are also trying this elimination strategy, it is not necessarily sustainable in the long term,” said the professor.

Asian economies have generally shown lower tolerance to Covid infection compared to their competitors in other regions.

Governments in Hong Kong and Singapore, for example, have quickly tightened measures to curb small upward movements in cases. Meanwhile, countries like the US and UK are still reporting thousands of cases every day, but faster vaccination has allowed countries to lift restrictions.

Like many of its regional competitors in Asia, Taiwan faced challenges in securing Covid vaccines, Cowling said. Part of Taiwan’s hurdle is politics, the professor said.

Taiwan’s President Tsai Ing-wen said inwen a facebook post Last week the government bought vaccines made by. were developed AstraZeneca and Modern. She accused China block a deal with Germany BioNTech, which developed a vaccine together with US Pharma Pfizer.

Beijing rejects Tsai’s allegations.

China claims Taiwan as a runaway province that will one day have to be reunited with the mainland – if necessary by force. The Chinese Communist Party has never ruled Taiwan, which is a democratic, self-governing island.

“There are a lot of policies out there when it comes to getting vaccines into Taiwan,” Cowling said. “I think they will do it, but right now they won’t be able to vaccinate enough people to stop the current outbreak. They have to use social distancing and bans to deal with it.”

Taipei closes leisure venues as virus outbreak spreads

Issued on: 14/05/2021 – 12:42Modified: 14/05/2021 – 12:40

Taipei (AFP)

Taiwan’s capital announced a permanent closure of entertainment venues on Friday after more local coronavirus infections broke out.

The self-governing island has been hailed as a world leader in containing the Covid-19 pandemic. Only 1,290 confirmed cases, 12 deaths, and minimal social distancing were required once the first outbreak was suppressed.

But an outbreak, first noted among pilots, has spread across the community, forcing restrictions to be reinstated in a location that has so far weathered the pandemic unscathed.

The decision of the Taipei City Government will apply to bars, dance clubs, karaoke lounges, nightclubs, saunas and internet cafes as well as hostess clubs and teahouses from Saturday.

Municipal facilities like libraries and sports centers will also be closed.

The move came after Taiwan reported 29 locally transmitted Covid-19 cases on Friday – a daily high – including 16 cases linked to a cluster that involved hostess teahouses in the city.

The source of seven of the local infections was still pending, health officials said.

“The outbreak continues to grow, so we need to improve pandemic prevention measures,” Mayor Ko Wen-je told reporters.

“But we urge residents not to panic … We had effectively kept the pandemic under control over the past year, but we may have become too relaxed. We need to be vigilant again and we can still bring it under control.”

Taiwan raised the coronavirus alert and banned large gatherings earlier this week after the final cluster spread in Taipei and other cities.

In the north of Taoyuan, where there was a group of employees from an airline and an airport hotel, the city government has also decided to close the entertainment facilities from Saturday to June 8th.

A similar cluster, centered around a hospital, resulted in large Lantern Festival events being suspended during the lunar new year in February. This outbreak was quickly brought under control.

Last year, Taiwan had 253 days with no local infections.

Papua New Guinea (PNG) Covid-19 outbreak, vaccine marketing campaign

A health worker is preparing to test for Covid-19 coronavirus outside a makeshift clinic at a sports stadium in Port Moresby on April 1, 2021.

Gorethy Kenneth | AFP | Getty Images

Misinformation on social media is hindering Papua New Guinea’s vaccination efforts.

According to the PNG’s Covid-19 Response Controller, many people are reluctant to vaccinate as false information about the vaccines is spread even as coronavirus cases increase.

The country reported 1,730 cases and 12 deaths between March 29 and April 4, according to a joint report from the World Health Organization and the PNG’s national ministry of health.

Cases of infection rose again in February and PNG has reported 7,839 cases so far, data from Johns Hopkins University showed. However, there is consensus that the actual number is much higher, which is masked by low testing capacity and other logistical difficulties.

“We have been lulled into a kind of complacency, a false sense of security that we got over this first wave and that we feared,” David Manning, PNG’s national pandemic response controller Covid-19, told CNBC Will Koulouris.

Papua New Guinea is located north of Australia and is a heavily forested island country with fewer than 9 million people.

This, of course, is attributed to the hesitation of the vaccine, and you can attribute this to a lack of awareness.

David Manning

National Pandemic Response Controller, Papua New Guinea

The National Capital District, home of PNG’s capital, Port Moresby, has the most reported cases, followed by the western province, which is also where the rate of infection is increasing.

A combination of events – funerals, holidays, and school resumption – resulted in “continuous transmission of the virus,” William Pomat, director of the PNG Institute of Medical Research, told CNBC last week.

Vaccine hesitate

So-called “Vaccine Nationalism“has made it difficult for small developing countries like PNG to access shots to vaccinate their populations. Many of them rely on an international vaccination initiative called Covax, but that program’s vaccine supply is faced with delays from Indiawhich is also struggling to stem an increase in cases at home.

PNG ran a vaccination campaign of around 8,000 doses last week AstraZenecaCovid-19 footage donated by neighboring Australia. Further doses are to be expected in the coming weeks China and India.

The island nation has vaccinated fewer than 600 people so far, which, according to Manning, is way behind schedule.

“Of course, this is attributed to the hesitation of the vaccine, and it can be attributed to a lack of awareness – basically information about whether the vaccine has any side effects and the fake news spread on social media,” he said, adding that vaccine skeptics exert comparatively less pressure in urban areas.

Combating misinformation

Manning said Facebook reached out to PNG and asked how the social network could help dispel some of the misinformation that was spread, but he failed to explain the details of that conversation.

Facebook launched a public awareness campaign in PNG this week to help users identify and combat health misinformation. It runs for five weeks and contains graphics and videos in several languages.

“For this campaign, we will continue to focus our efforts on addressing misinformation related to Covid-19 and vaccines to ensure Papuan New Guineans are able to verify their visibility to official public health resources,” said Mia Garlick , Facebook’s director of public order in Australia, New Zealand and the Pacific Islands said in a statement on Wednesday.

“This campaign complements a call we launched in Papua New Guinea last week
Provide tips to local users on how to prevent Covid-19, “Garlick added.

Stressed health infrastructure

The outbreak puts undue strain on PNG’s already poor health infrastructure.

International organizations like Medecins Sans Frontieres (MSF) have warned of an impending collapse. According to experts, many frontline health workers who are already few are falling ill with Covid-19.

“If you get sick, no one will stand – not only for Covid, but also for other diseases and so on,” said Pomat of the Institute of Medical Research.

He stated that Covid tests are only done for those who “might show up” (at the) a health facility if they show symptoms and those who volunteer to go inside. “

Even then, hospitals and medical facilities will run out of components needed to perform these tests.

As PNG works with its development partners, including Australia, to ensure the supply of more test kits and components, it has also introduced stricter social restrictions. For example, stores have been asked to deny entry to those who do not wear masks, while travel between provinces is strictly regulated.

Manning said the pandemic response needs to be tailored to PNG’s coastal communities as well as the highland region, where even in the best of times it is difficult to provide health, police or government services.

“So we have now shifted our focus from a national response to a provincial response and are working closely together with the provincial health authorities that are currently inundated with surges, “he said.