Bahrain F1 GP ticket sales halted for coronavirus assessment https://www.autosport.com/f1/news/148560/bahrain-f1-ticket-sales-halted-to-assess-coronavirus Bahrain GP organisers have halted ticket sales for the second round of the 2020 Formula 1 calendar while the country's coronavirus situation is assessed. A statement from Bahrain International Circuit said that if circumstances allow more tickets will be released at a later date - while also leaving open the option to give refunds if it is deemed that the venue has to decrease the size of the crowd from the current figure. A spokesman for the venue declined to comment on what percentage of the available tickets has already been sold. The circuit said that it wants to hold a "safe and exciting" event, and has been working with government departments to mitigate the spread of the virus. "In light of the continued global outbreak of COVID-19, the BIC has announced that it will be phasing the sales of Grand Prix tickets to ensure appropriate social distancing guidelines are met," said the statement. "As further facts emerge, the BIC is in close communication with both Formula One Management and the Kingdom's health authorities to assess the developing situation and release further tickets or refund the face value of tickets depending on circumstances and updated medical advice." Image Unavailable, Please Login The circuit is also adding facilities at the venue: "This precautionary step has been introduced along with a number of public health measures ahead of the Grand Prix to ensure the safety of all spectators, teams and circuit staff. "These include screening procedures on entry, specialist medical facilities onsite, enhanced sanitation at the circuit, additional hand washing stations, information points for fans, as well as specific medical protocols to manage any suspected cases of COVID-19." The race has been called into question because of restrictions on travellers who have been in affected countries in the 14 days before arrival, including Japan and Italy. In addition there have been restrictions on flights from Dubai, a popular route for F1 travellers who use Emirates Airlines from Melbourne. BIC said earlier this week that it is working with F1 and the government to minimise any immigration issues.
Bahrain can afford to have nil paying spectators through the gates. other venues will have a different thought on this.
I'm stunned the Australian GP is still a go. Money truly clouds common sense... My friend is a musician in the taiwan symphony and unfortunately has been infected by the virus. She was in close contact with a well-known Australian composer Brett Dean who first showed symptoms and later was tested positive for corona... C'mon ppl, wise up already...sheesh.
Italy trying to do same isolating hot zones in the north but clearly not as successful as China whose goverment can facilitate Draconian measures. China doing it right. Vietnam closed entire border with China. South Korea Iran Italy should take notes. Is it a matter of time before UK shuts all borders or is it too late?
15 MILLION people will die and the global economy will take a $2.3 TRILLION hit from coronavirus in the BEST-CASE scenario, new study predicts · Research by Australian National University lays out a range of virus outcomes · In the worst case, the global death toll could reach a staggering 68million · Some countries' economies could shrink by eight per cent in a global meltdown https://www.dailymail.co.uk/news/article-8082327/15-MILLION-people-die-best-case-coronavirus-scenario.html?ito=push-notification&ci=9233&si=690540 The global death toll from coronavirus could reach as high as 15million even in the best-case scenario, a new study says. The research by the Australian National University also found that global GDP could shrink by as much as $2.3trillion even in what they call a 'low-end' pandemic. In the most disastrous scenario, the death toll could reach a staggering 68million including hundreds of thousands of deaths in Britain and the United States. In that worst-case pandemic, some countries' economies would shrink by as much as eight per cent in a global meltdown. The two researchers who published the paper warn that 'even a contained outbreak could significantly impact the global economy in the short run'. In the so-called 'low-severity' case, the death rate in China is estimated at around two per cent and adjusted for other countries. The global death rate has been drifting higher than that in recent weeks, currently hovering around 3.4 per cent. In that 'low-end' pandemic, the study estimates that more than 15million people would die within the first year of the outbreak, which started in China last December. The estimates suggest that India and China would each lose millions of people, with more than 230,000 people killed in the United States. Britain - which has only seen one death so far - could expect to see 64,000 fatalities, with 79,000 in Germany and 60,000 in France. South Korea and Italy, which have suffered particularly widespread outbreaks in recent weeks, would also be bracing for tens of thousands of deaths, the study says In that scenario, Britain's GDP would drop by around 1.5 per cent, with America's economy shrinking by 2.0 per cent. The global economy would take a $2.3billion hit, the researchers estimate, with Australia and Germany also forecast to slide into severe recessions. In the 'high-severity' forecast, the coronavirus outbreak would cause a catastrophic death toll of more than 68million people around the world, researchers say. The dead would include more than 12million people in China alone, as well as 1.1million in the United States. Britain's death toll would be a catastrophic 290,000, with Germany and France likewise losing hundreds of thousands of people. Russia's fatality count would also be approaching a million in that scenario, the researchers' data shows. In that disastrous outcome, the global economy would take a $9.2trillion hit with many countries facing very deep recessions. The British economy would shrink by 6.0 per cent in 2020 in that scenario - worse than the 4.2 per cent drop it suffered at the depths of the global financial crisis in 2009. Meanwhile the U.S. economy would suffer an 8.4 per cent drop in a recession which would reverberate around the world. There is also a 'mid-severity' estimate, in which the global death toll would be around 38million and the global economic hit around $5.3trillion. Researchers say that the probablity of any of their projected outcomes are 'highly uncertain'. 'The goal is not to be definitive about the virus outbreak but to provide important information about a range of possible economic costs of the disease,' they say. They add: 'Amidst the slowing down of the Chinese economy with interruptions to production, the functioning of global supply chains has been disrupted.' 'Companies across the world, irrespective of size, dependent upon inputs from China have started experiencing contractions in production. 'Transport being limited and even restricted among countries has further slowed down global economic activities. 'Most importantly, some panic among consumers and firms has distorted usual consumption patterns and created market anomalies. 'Global financial markets have also been responsive to the changes and global stock indices have plunged. 'Amidst the global turbulence, in an initial assessment, the International Monetary Fund expects China to slow down by 0.4 percentage points compared to its initial growth target to 5.6 per cent, also slowing down global growth by 0.1 percentage points.' The researchers say that a 'range of policy responses will be required' to prevent disaster. The current global death toll is 3,383 out of 98,703 confirmed cases. Most of them are in China, but the virus has been spreading faster in other hotspots such as Italy, Iran and South Korea in recent weeks. Tokyo stocks ended the morning session more than three percent lower on Friday, as worries over the spread of the new coronavirus intensified. Some countries have already announced an economic stimulus, with Italy yesterday unveiling plans to loosen its budgetary rules.
Wow, imagine how hard Africa will get hit with all the Aids & weakened immune systems, most villages don;t even have Dr's
One of my cousins from serramazzoni said earlier that a doctor who works in Baggiovara and lives in Pavulo contracted coronas, first case in the area. Sent from my iPhone using FerrariChat.com mobile app
The same Australians crying doom and gloom while still allowing concerts and grand prix's to continue? lol, and oh ya, the numbers don't add up; article ends stating that 80% of infected cases are mild so how is the best case scenario 15M dead?
Do a quick search - Overall, we rate Daily Mail Questionable due to numerous failed fact checks and poor sourcing of information. Daily Mail credibility? On a 10 scale, somewhere between 0 and 1 much of the time. Wikipedia bans Daily Mail as 'unreliable' source The Daily Mail is to the UK what the New York Post is to the United States, and what the Drudge Report is to the Internet: to wit, gossipy tabloid "journalism" for those who cannot digest serious news Nuff said.
To be fair, the Drudge Report is a news aggregator, so if you agree with the founder's politics or not, it's not right to lump it in with the rest of the actual sources you mentioned. Sent from my Umidigi One Max using Tapatalk
Correct, Drudge does not write any of the content on the Drudge Report. To use a woke term, Drudge is a "curator" of the news.
Here is the direct link to the Australian National University article referenced by the Daily Mail https://www.anu.edu.au/news/all-news/covid-19-highly-uncertain-global-costs-could-be-very-high and the research paper https://cama.crawford.anu.edu.au/publication/cama-working-paper-series/16221/global-macroeconomic-impacts-covid-19-seven-scenarios
Austin Texas just canceled South by Southwest One of the biggest, if not the biggest live music Festival in the World FyI
At the rate this is going, they'll have the races on Sony Playstations. SV would spend all his time whining about lag and having a bad controller.
Well, it's sad to say it, but I believe Italy will need to be bail out next year by the ECB. The government debt is at all time high and now with this virus spending will sky rocket and revenues will plunge.
You can be sure this won't only affect Italy. There will be a dent in the economic growth of several European countries.
