Lockdown measures used by governments worldwide to reduce the death toll from the pandemic had little or no impact on COVID-19 mortality, according to three researchers who analyzed 24 studies. The researchers, led by Steve Hanke, the co-founder of The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise, screened 18,590…
Lockdowns Had ‘Little to No Public Health Effect,’ Analysis of 24 Studies Concludes
Oil Starts 2022 With Rally Towards $79 as Omicron Impact Concerns Ease
LONDON—Oil rose towards $79 a barrel on Monday supported by tight supply and hopes of further demand recovery in 2022 spurred in part by a view that the Omicron coronavirus variant is unlikely to significantly dampen the outlook. Libyan oil output will be cut by 200,000 barrels per day for a week due to pipeline…
HSBC CEO Sees Market Impact From Evergrande Debt Woes
HSBC Holdings PLC expects the debt problems involving embattled property developer China Evergrande Group to have an impact on capital markets but does not see any direct impact on the bank, its group CEO said. “I’d be naive to think that the turmoil in the market doesn’t have the potential to have second-order and third-order…
COVID-19 Impact Could Hit Japanese Automakers’ Output in October
TOKYO—Disruptions to parts and components suppliers caused by the COVID-19 pandemic could force fresh production cuts at Japanese automakers in October, Akio Toyoda, the head of the auto industry lobby group, said on Thursday. Japanese car companies have already had to cut production this month because of difficulties finding semiconductors and other components as the…
Victoria Crime Statistics Show Lockdown Impacts
There were 37,505 breaches of coronavirus health orders in Victoria last year and a nine per cent increase in family violence incidents, new crime statistics show. Overall, the number of recorded offences in the state increased by 2.3 per cent to almost 550,000 during the 2020 COVID-19 pandemic. Most of the virus-related offences occurred between April…
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