Again, four days was all it took for coronavirus cases to scale from 7.5 million to 8 million.
South Africa and Colombia reached 70,000 and 50,000 cases respectively on Sunday, while, Saudi Arabia registered 1,000 deaths yesterday.
Indeed, Covid-19 has given the world economy a real thumping – and in the process, it has reduced it to one messy rubble.
As if that's not bad enough, consumers are holding tightly to their wallets and purses.
This is purportedly true in Europe – its economy risks losing out on a massive dose of necessary stimulus from its consumers. Households have allegedly stashed away “hundreds of billions of euros in their bank accounts” during the lockdown, or so I read.
Even though shops in most countries have reopened, surveys reportedly show little sign that people are ready to splurge amid spiralling unemployment and the threat of a second tsunami of coronavirus cases.
This morning, I played my part to support the local economy. After ninety days of the MCO/CMCO/RMCO phase, I went to a roadside stall (pics below) where I had my favorite breakfast. If you must know, a packet of nasi lemak that included sotong is still priced at RM4.50.
For sure, Covid-19 can return to haunt us. In China, it already did.
After weeks of almost no new infections, China is hit by a fresh outbreak. Seventy-nine infections linked to a single wholesale food market in the south-west of Beijing had been detected.
Health authorities promptly sprung into action. Neighborhoods were quarantined – one report indicated eleven housing estates around the Xinfadi market have been locked down since Saturday. And a massive test and trace program follows, with nearly 200 testing points set up across the capital.
Covid-19 is not over until it's over!
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