COVID19
A recession in China threatens to knock down the nation’s growth for this year. The International Monetary Fund (IMF) has reduced its growth forecast to 4.4%, while other analysts expect figures below 4%, while foreign investors have shed $18 billion in Chinese bonds and over $7 billion in equities in March. Recession In China LoomsThe main obstacle facing the Chinese economy is the crisis in the real estate sector, which represents up to 29% of the nation’s GDP. The issue seems worse than expected after the crisis of the real estate giant Evergrande. Q1 2022 hedge fund letters, conferences an...
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Google – Alphabet Inc (NASDAQ:GOOGL) – has mandated its employees in specific U.S., U.K., and Asia Pacific offices to go back about three days a week as of April 4. With this, the Silicon Valley giant is taking its first steps to end its Covid-triggered remote work policies. Q4 2021 hedge fund letters, conferences and more Hybrid WorkAccording to Reuters, Google is making its transition to hybrid work as the decline in COVID-19 cases is facilitating the gradual workers’ return to premises. An email sent to workers and disclosed by the news agency read: “Advances in prevention and treatment, th...
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2022 didn’t start off well with regards to COVID-19. The new Omicron variant is currently wreaking havoc across the country. A similar situation was seen at the start of last year as well, and this was partially responsible for the approval of the third round of stimulus checks. With Omicron cases continuing to rise, many people are expecting and demanding the government to issue fresh coronavirus stimulus checks. Q3 2021 hedge fund letters, conferences and more People Expecting Fresh Coronavirus Stimulus ChecksCongress so far has sent three stimulus checks since the start of the pandemic. The...
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Another stimulus check is unlikely, but there is a federal program that could offer much needed financial support to families who lost a loved one due to to COVID-19. This coronavirus stimulus check covers funeral expenses of up to $9,000. Such stimulus money could prove a great help to families who not only lost a loved one but witnessed a drop in income due to the COVID-19 pandemic. However, not many families have applied for this stimulus money so far. Q3 2021 hedge fund letters, conferences and more How This Coronavirus Stimulus Check Covers Funeral ExpensesFEMA (Federal Emergency Manageme...
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Omicron is causing mayhem among airlines as 3,500 flights were canceled worldwide during the Christmas weekend, and 2,100 more were grounded on Monday. Flight crews are falling ill on the COVID-19 variant causing operational disruptions that airlines are trying to counter. Q3 2021 hedge fund letters, conferences and more Omicron MayhemAs reported by The New York Times, the total of grounded flights during the Christmas weekend hit 3,500 around the globe while 2,100 more were canceled on Monday. In the U.S., nearly 2,300 flights were canceled on Saturday and Sunday. “On Sunday alone, more than ...
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Christmas travel will drive the spread of the COVID-19 Omicron variant, Dr. Anthony Fauci, U.S. advisor during the pandemic, said. The expert also asserted the strain is currently on a skyrocketing rise, even among those fully inoculated. Q3 2021 hedge fund letters, conferences and more Christmas Travel SpreadDr. Anthony Fauci told NBC’s Meet the Press on Sunday, “There's no doubt about this, [Omicron] has an extraordinary capability of spreading,” and added that the variant is currently “raging through the world.” In this outlook, countries are bolstering measures given the several Omicron mu...
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Google —Alphabet Inc (NASDAQ:GOOGL)— has made an unprecedented decision. The company will put pressure on employees who have not been vaccinated against COVID-19, to the point of contemplating dismissals. This is the strongest measure by any other tech giant. Q3 2021 hedge fund letters, conferences and more Extreme MeasuresCNBC had access to an internal memo that explains the entire procedure Google will follow in the event of an employee blatantly refusing to be vaccinated against the coronavirus. "Anyone entering a Google building must be fully vaccinated or have an approved permit that allo...
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The conditions of the global pandemic accelerated the transformation of industries when it came to digitization, and the insurance industry was no exception. Ecommerce experienced a colossal boom, as more and more people took to their devices to shop instead of venturing out, and the chain of industry sectors in the retail space had to scramble to keep up. Emerging technologies have been creating change in virtually every industry for some time now. While COVID-19 accelerated the speed of that evolution, the change in consumer behaviors and expectations isn’t going anywhere. There is still a s...
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A Washington Post survey suggests that people who only use Facebook Inc (NASDAQ:FB) as their news platform are more likely to reject the COVID-19 vaccine in the U.S. It is less so among those who rely on Fox News. Q2 2021 hedge fund letters, conferences and more Survey FindingsThe survey is part of the Post’s ongoing “Covid States Project,” and it involved 20,699 Americans across all 50 states and the District of Columbia, between June and July. Out of the total surveyed, 68% said they had received the shot, while 18% said they would not get vaccinated. However, interestingly, 16% claimed to a...
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For you, the employee, the past 16 months may have been an unintentional respite. Free from your open-plan office and all of its inherent distractions — whether it’s your coworkers’ cell phone pacing or your bosses’ thrice-hourly “quick chats” right as you were getting into your creative flow state \- working from home has been a wellspring of productivity. Rather than getting stressed over a commute, you can start your morning with a yoga or mindfulness practice before settling into your workday routine. Moreover, for neurodiverse people, it can be beneficial not to have to expend energy navi...
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