Quarantined travelers in Maluku get angry over absence of food, health tests

first_img“If authorities fail to fulfill what they’ve promised us, how can we stay [in this quarantine facility]? We’re not sick, but we could die from hunger here,” a traveler from Jakarta, Helmy Latupono, said while leading a protest at the building on Wednesday afternoon.”I’ll definitely lead others to leave this building,” he added, asserting that they were healthy and therefore had no chance of transmitting the virus to locals.Read also: Maluku limits access to airports, harbors to curb COVID-19 spreadThe Maluku administration had prepared the building to quarantine anyone traveling to the region during the COVID-19 outbreak to contain the disease’s spread. The quarantine period was supposed to last 14 days.LPMP Maluku head Achli Jasim explained separately that his office had prepared 142 isolation wards in the building, as requested by the Maluku administration. The administration, however, had not specifically asked his side to provide food or medical examinations for the travelers.”Our task is to assist the COVID-19 task force in Maluku with the isolation facility,” Jasim said, suggesting that it was the task force’s duty to provide the quarantined people with food and medical tests.He further said that some of the quarantined travelers had left the building after the protest but some others decided to stay. Eighty-six of them arrived in the province aboard state ship operator Pelni’s KM Tidar passenger vessel. (vny)Topics : Dozens of travelers arriving at Yos Sudarso Port in Ambon, Maluku, on Wednesday morning  reportedly expressed outrage after the city failed to provide them with food and medical examinations at its quarantine facility.The travelers had been transported to the nearby Education Quality Control Agency (LPMP) building, which has been designated as a quarantine facility during the COVID-19 pandemic, at around 4 a.m., just after setting foot in the region.They had purportedly waited for further action from the administration inside the building but nothing happened until noon. They were not given food and did not undergo health tests for COVID-19, which they claim had been promised beforehand. last_img read more

Robert Pires rates Alexis Sanchez’s chances of making sensational Arsenal return from Manchester United

first_imgRobert Pires rates Alexis Sanchez’s chances of making sensational Arsenal return from Manchester United Comment Metro Sport ReporterFriday 1 Mar 2019 9:15 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link Advertisement Alexis Sanchez won the FA Cup twice during his four years at Arsenal (Picture: Getty)‘There’s no chance Sanchez will return to Arsenal.‘Sanchez isn’t playing his best football and he is on a lot of money at Manchester Utd which Arsenal are not willing to pay.‘Sanchez won’t want to come running back to Arsenal with his tail between his legs after having a rough time elsewhere.‘He will have to hope he returns to form with a fresh chance under [Ole Gunnar] Solskjaer at Manchester United.’More: Manchester United FCRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseEx-Man Utd coach blasts Ed Woodward for two key transfer errors Alexis Sanchez has been a major disappointment since swapping Arsenal for Manchester United (Picture: Getty)Robert Pires believes it would be virtually impossible for Alexis Sanchez to return to Arsenal amid uncertainty over his Manchester United future.Sanchez swapped the Emirates for Old Trafford last January but has struggled to rediscover the form which marked him out as one of the Premier League’s most prolific forwards during his time in north London.United interim manager Ole Gunnar Solskjaer was critical of Sanchez’s performance during the recent Champions League defeat against Paris Saint-Germain and the former Barcelona star failed to stake a claim for a regular place in the side following to subdued displays against Liverpool and Crystal Palace in the last week.AdvertisementAdvertisementMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityFormer Arsenal winger Marc Overmars, touted as a possible candidate for the vacant technical director’s role at the Emirates, suggested recently that Sanchez could make a sensational return to the club at which he won two FA Cup, but Pires cannot envision such a scenario.ADVERTISEMENT‘It would be very strange to see Arsenal sign Sanchez back in the summer,’ the Frenchman told BWin.‘I don’t see how it makes sense for either Sanchez or Arsenal after how it ended. Advertisementlast_img read more

Arsenal have reservations over signing Barcelona star Samuel Umtiti due to knee problem

first_img Metro Sport ReporterFriday 29 Mar 2019 2:00 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link397Shares Advertisement Umtiti chose not to have surgery and has instead undergone conservative treatment (Getty)He opted to avoid surgery and worked on strengthening his quads and surrounding muscles around the knee.However, if the pain and problems persist, surgery will be the only option, and Arsenal and Emery are reluctant, therefore, to spend such a large chuck of their budget on a high-risk player – and he might not even pass a medical anyway.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Advertisement Arsenal have reservations over signing Barcelona star Samuel Umtiti due to knee problemcenter_img Emery wants to strengthen his defence and Umtiti fits the bill (Picture: Getty)However, Football London report that there are serious reservations about potentially breaking the club’s transfer record to sign a player who has missed 27 matches this season with a knee injury.AdvertisementAdvertisementADVERTISEMENTSince lifting the World Cup in Russia, the Frenchman has made just nine appearances in La Liga and underwent conservative treatment on his left knee in Qatar in December.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityHe made his return to training, and competitive action, several months later, but Barca remain concerned by the state of his knee – which is why they would be prepared to let him leave.Umtiti has complained about issues with his left knee since last season and examinations revealed he has loose cartilage, an issue that usually affects older players and which forced Carles Puyol to retire. The Frenchman underwent surgery at the backend of last year (Picture: Getty)Arsenal’s pursuit of Barcelona defender Samuel Umtiti could be over before it began, with the club concerned about spending so much money on a player with serious knee problems.The Gunners have been linked with a £60m move for the World Cup winner, with Barca reportedly prepared to let Umtiti leave so they can bring in Ajax sensation Matthijs de Ligt instead.Emery has made signing a new centre-back his top priority in the summer as he eyes a title challenge next season, and Umtiti’s pedigree ticks a lot of boxes. Commentlast_img read more

Jadon Sancho singles out Arsenal’s Bukayo Saka and Manchester United’s Mason Greenwood for ‘doing a madness’

first_imgGreenwood has had an outstanding season (Picture: Getty Images)Meanwhile, Greenwood has enjoyed a breakthrough season for United, scoring an impressive 17 goals in all competitions.ADVERTISEMENTThe 18-year-old has earned praise for his natural goalscoring ability and the ease at which he can switch between using both feet.AdvertisementAdvertisementEngland’s national team will prosper from the development of two of their brightest future stars, but they will have to wait for their chance with the Euros being delayed until next year due to the Covid-19 crisis.Sancho – who has been strongly linked with a switch from Borussia Dortmund to Manchester United this summer – admitted the form of the likes of Saka and Greenwood will have given Gareth Southgate a selection headache ahead of next week’s announcement of the England squad for their upcoming Nations League campaign.More: Manchester United FCRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseEx-Man Utd coach blasts Ed Woodward for two key transfer errors‘I feel like the England squad has a lot of players who are interesting at the moment,’ Sancho told SoccerBible. ‘It’s going to be interesting to see who makes the squad.‘The players we have now are great and the young players that are coming up now like Bukayo Saka, Mason Greenwood – these guys are talented.‘It’s interesting to see what they’re doing week in, week out. They’re doing a madness so it’s going to be a very tough decision for Gareth Southgate to make.‘Again it’s healthy competition and you’ve just got to do your thing and everyone is going to be doing their best. It’s exciting to see.’MORE: ‘Really tough start’: Jurgen Klopp reacts to Liverpool’s opening games against Leeds, Chelsea & ArsenalMORE: Harry Maguire’s lawyer says Manchester United captain is ‘in great condition’ after arrest and should be released on SaturdayFollow Metro Sport across our social channels, on Facebook, Twitter and InstagramFor more stories like this, check our sport page Comment Sancho has been strongly linked with a move to United (Picture: Getty Images)Manchester United transfer target Jadon Sancho has highlighted the progress of wonderkids Bukayo Saka and Mason Greenwood, who are ‘doing a madness’ in the Premier League.Saka has been a vital player for the Gunners at the age of just 18, being deployed at left-back, central midfield and on the wing, and excelling in all those positions.The teenager’s excellent form last season – in which he registered 11 assists – earned him a new long-term contract at the Emirates. Advertisement Jadon Sancho singles out Arsenal’s Bukayo Saka and Manchester United’s Mason Greenwood for ‘doing a madness’ Metro Sport ReporterSaturday 22 Aug 2020 8:14 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link3.2kShares Advertisementlast_img read more

Room for the whole family and more in this well loved home

first_imgThis spacious home at 15 Dooley St, Taigum, is for sale for offers over $675,000.IF it wasn’t for Daniel Huskins’ career ambitions, he’d never let go of his beloved home in Taigum.But Mr Huskins is studying to become a commercial pilot and needs the money to fund his dream.He bought the spacious, split-level family home at 15 Dooley Close in 2008 and shared it with other tenants. The open plan living area inside the home at 15 Dooley St, Taigum.Over the years, it’s been home to a number of people, but he assures buyers it has always been well looked after.“It’s had a lot of different stages but it’s always been well loved,” Mr Huskins said.“It’s a great home and I didn’t really want to sell it, but I’m being forced to.” The downstairs living area at 15 Dooley St, Taigum.“You’re a five-minute drive from Chermside and Toombul shopping centres.“You’re not too far away from the city, but far enough.”Mr Huskins said he would also miss sitting by the pool on a summer’s day.Taigum is 15km north of Brisbane’s CBD and has a median house price of $530,000. More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019One of the five bedrooms in the home at 15 Dooley St, Taigum.The versatile house has five bedrooms and three bathrooms and is suitable for a dual living arrangement.The master bedroom has ‘his’ and ‘her’ robes and an ensuite.The living, dining and kitchen areas are part of a large, open plan design, which includes plenty of storage space. The kitchen in the home at 15 Dooley St, Taigum.There’s also a huge separate rumpus room and two timber decks.The house is on a north facing, elevated 645 sqm block, which includes an inground saltwater pool.Mr Huskins said one of the best things about the home was it’s proximity to public transport and shopping centres. “I think it’s the best location in Brisbane,” he said.last_img read more

Polish second-pillar funds net average 12-month gain of 17.6%

first_imgThe recent dramatic improvement was almost entirely due to the performance of the Warsaw Stock Exchange (WSE). Its benchmark WIG index grew by 18.1% over the 12 months to the end of March.Since Poland’s 2014 pension reforms, the OFEs have been banned from investing in sovereign bonds of any origin, turning them into de facto equity funds.The Polish brokerage house Trigon estimated that 85.2% of net OFE assets were invested in equities as of March, including 6.7% in foreign shares.Under the KNF’s methodology of counting the WSE’s dual-listed companies as non-Polish stocks, the foreign allocation was around 11%.As a result of the recent growth in investment returns, the OFEs total net asset portfolio grew by 16.8% year-on-year in local currency terms, to PLN167.6bn (€39.1bn).The growth compensated for net outflows from the funds generated by the “slider”, a mechanism that incrementally removes the assets of those with 10 years or fewer left to retirement to sub-accounts at the first-pillar Polish Social Insurance Institution (ZUS).In the first three months of 2017, according to Trigon, inflows from those members who chose to continue contributing to the second pillar totalled PLN786m against PLN1.0bn leaving under the slider.Meanwhile, the current high equity allocation has raised a dilemma for the planned dismantling of the second pillar scheduled for the start of 2018.Under the Capital Accumulation Programme, announced in July 2016 by finance and economic development minister Mateusz Morawiecki, 25% of all OFE assets would be transferred to the state-run Demographic Reserve Fund, which serves as a buffer for state pension shortfalls. The remainder would go to newly created and privately managed third-pillar accounts.Morawiecki has continually stressed that the programme did not constitute nationalisation of companies, as the 25% of liquidated OFE portfolios would come from other liquid assets such as deposits and bonds.Under the current investment structure, the OFEs would either be forced to sell off some of their shares, or the government would indeed end up being a significant investor in – and in some cases majority owner of – some of Poland’s leading listed companies.The publication of the legislation for the OFEs’ liquidation, initially set for the first quarter of 2017, is now expected by the end of June.One significant change announced since the programme was originally published is that the new third-pillar vehicles would be a variant of the individual pension insurance account (IKZE), not the individual retirement account (IKE), because both IKZE and OFE contributions are tax-deductible, whereas IKE contributions are not.The coming legal overhaul would have to include an amendment to allow savers to have more than one IKZE.According to the KNF, as of the end of 2016 some 643,100 individuals held IKZE accounts, with a total asset value of PLN1.1bn.The overhaul, with its emphasis on privately owned third-pillar accounts, would also require overturning an earlier Constitutional Tribunal ruling that the OFE assets, funded from a portion of social security contributions, were public monies. Poland’s weighted average 12-month second-pillar fund (OFE) returns soared to 17.6% as of the end of March, according to the Polish Financial Supervision Authority (KNF).The figure compares to an average 6.6% loss recorded a year ago.Of the 12 OFEs, MetLife generated the highest return – 19.5% – and Aegon the lowest, at 14.2%.Three-year average returns rose from 6.3% to 12.9%, while 10-year results edged up from 48.8% to 49.7%.last_img read more

Queensland’s most clicked home this week sells under the hammer for $960,500

first_imgThe master bedroom at 21 Whish St.A staggering 13 registered bidders were in attendance on the day, with Mr Jones saying the atmosphere was “damn amazing”.More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus18 hours ago“Bidding opened quite high at $890,000, which was quite surprising as I thought it would have opened a bit lower, and there was pretty solid bidding from the beginning,” Mr Jones said. The home at 21 Whish St, Windsor was the most clicked in Queensland this week.THE top viewed auction property in Queensland on realestate.com.au this week sold in an auction McGrath Wilston agent Garry Jones labelled as “one of the best” of his career.The 21 Whish St home at Windsor garnered 138 groups of people through at inspections over three weeks, and two written offers prior to auction. Stairs lead down into the living room.It was a buyers agent’s technique of adding $500 to whatever the most recent bid was that snagged a local investor the property, with a winning bid of $960,500. The kitchen at 21 Whish St.Mr Jones said he sold the home to the vendors in 2009 and they had since undertaken a series of renovations.“They did the first round of renos in 2011 to the original cottage, stripping windows back to the original timber, upgrading bits and pieces and adding a new bathroom,” Mr Jones said.“In 2015 they had a friend who was an architect design the extension, which while all still on one level capitalises on the lovely northwest aspect.” Another one of the living rooms.Mr Jones said the family now had three children so they had outgrown the home but were “thrilled” with the result of the auction.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 10:02Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -10:02 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p270p270p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenJune, 2018: Liz Tilley talks prestige property10:02last_img read more

Classic charmer for sale

first_img28 Marron Cres, MundingburraMore from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020The master bedroom and his and her robes with an ensuite bathroom featuring marble toiles.The timber deck spans the entire length of the house while downstairs there is room for a storage, a built-in bar, climate-controlled lockup cellar and multipurpose area.Outside there is an in-ground swimming pool and onsite bore with irrigation.A fold-down loft ladder leads to an attach which contains a backup generator and security system. 28 Marron Cres, Mundingburra“There is a limited amount of properties that back on to Anderson park and it’s pretty special that kids can just walk through the back gate and their in that huge park.“It’s got that California bungalow style and it’s upheld it’s traditional roots with casement windows, the massive deck and all the bedrooms have really large proportions.” 28 Marron Cres, MundingburraA 1900s character-filled house positioned on a huge block fronting Anderson Park will be sold under the hammer.28 Marron Cres, Mundingburra has four bedrooms, three bathrooms and four car spaces and is on a 1963 sqm block.The charming house is filled with historic features and has been nicknamed “Isla Verde” by it’s owners which is Spanish for “The Green Island”. 28 Marron Cres, Mundingburra“It’s great for entertaining but also great for simply relaxing and reading a book by the pool in the shad underneath the big trees, “ Mrs Rhen said.“It was our forever home but now our circumstances have changed so it’s time to pass the baton to someone else who will hopefully love it as much as we have.“It’s a home with a big heart and it just has that sense of belonging.”Keyes & Co Property Townsville owner Damien Keyes said the house had attracted plenty of interest with more than 30 groups of people turning up to the first open home.“It has definitely captivated the market,” he said. 28 Marron Cres, MundingburraMrs Rhen said the property provided a great lifestyle.Her and her husband would walk through the back gate to take their two border collies for a walk and come back for margaritas by the pool or enjoy happy hour on the deck.They used the huge backyard to throw parties with as many as 80 people seated along long tables under the property’s majestic raintrees. 28 Marron Cres, MundingburraOwner Mari Rhen has lived in the house for the past 14 years with her husband and said the property instantly stole their hearts.“We fell in love with it when we first saw it and as soon as we walked in we said ‘this is it’,” she said.“We were not at all planning to purchase our forever home at the time but when we walked in and then saw the backyard it was just like we’d entered paradise.”The house has four kingsize bedrooms while three have direct access to the deck through french doors. 28 Marron Cres, MundingburraCouncil records show that it was relocated from North Ward in the 1970s and then extensively renovated in the 1990s while it’s been impeccably maintained and further renovated by the current owners.It’s position next to the botanic gardens and the use of bore water provide lush, green surroundings including giant raintrees which shade the yard. Despite multiple renovations the house is filled with character features which nod towards the property’s history.last_img read more

Pill testing is not the answer to drug deaths at music festivals

first_imgMercatorNet 25 September 2019Family First Comment: Great commentary“To really liberate adolescents and young adults from the dark realities of the festival narcotics culture, we need to remind them that they are not just victims of circumstance, nor are they inert actors within a broader culture of psychedelic escapism. They are the masters of their own lives, and they have a choice when it comes to drugs.”Many Australians think that pill-testing will stop drug-related deaths at music festivals. The reality is that there’s no magic solution to stop narcotics abuse in our society. On the contrary, pill testing risks creating a culture of learned helplessness among post-Millennials, whereby adolescents and young adults believe that they are powerless to resist peer pressure and the pernicious overtures of a toxic festival drug culture. The working assumption of the Australian pill testing lobby is that it is inevitable that young people will inevitably consume drugs at rave concerts and alternative music festivals, and that the best approach is one of harm minimisation…..….. While pro-drug politicians like Australian Greens leader Richard Di Natale are keen to describe “drug use as a health issue”, the reality is that teens and adolescents who consume drugs at festivals are typically not languishing in throes of drug addiction. Rather, these mature adolescents and young adults — let’s drop the pretense of childish naiveté — are casual, recreational drug users, who live an otherwise normal life.Joseph Pham — who died after an MDMA overdose at Defqon.1 in Sydney last September — was a 23-year-old student at the Australian Catholic University whose interests included online games and Taekwondo. Diana Nguyen, 21, who died after consuming MDMA the same event, was a “vibrant, loving young woman” who was engaged to a boy she had known since she was 14. Furthermore, young people know the risks that they take when consuming illicit substances. And sadly, they still choose to proceed with what is manifestly destructive behaviour. Either that, or education in schools and community institutions is so woefully inadequate that teenagers can’t tell the difference between the risks involved in consuming over-the-counter paracetamol and the potentially deadly consequences of popping ecstasy pills in the middle of sweaty mosh-pit.Granted, pill testing helps festival-goers to identify whether the drugs they have purchased are contaminated. But we are still left with the problem of festival-goers routinely consuming hard drugs — and all with the imprimatur of health authorities, should we proceed with state-sanctioned pill testing at music festivals.If we completely medicalise the drug problem, we end up with a culture in which casual drug users are immune from any moral sanction whatsoever — even self-sanction when they reflect on their own behaviours and their responsibility for their actions.It would also be naive at best to ignore the myriad of harmful effects of casual drug use and focus only on the problem of drug-related deaths at high-profile music events. Hard drugs like ecstasy and LSD, for example, are closely linked to a host of mental disorders, including psychosis, heightened anxiety, paranoia and severe depression.According to 2016 Australian Institute of Health and Welfare data, 37 percent of people 18 or over who had used meth/amphetamines in the past 12 months experienced high or very high levels of psychological distress. It would be hypocritical for state governments to seek to fight the scourge of mental illness while capitulating to pressure from the pill-testing lobby.Amidst all the political rhetoric (bordering on moral panic), we would do well to reflect on the broader cultural implications of the way in which we frame the issue of recreational drug consumption in our society. Pill testing sends a message to young people that they are victims of their own drug culture, and that they cannot be expected to resist the pressure to consume drugs.Rather than fuelling a victim culture among the post-Millennial generation, we need effective drug-education programs. These programs should not only focus on risks, but should also remind young people that they are the authors of their own lives, that they are respectable citizens and that they can resist (or exit) the bacchanalian culture surrounding contemporary music festivals.To really liberate adolescents and young adults from the dark realities of the festival narcotics culture, we need to remind them that they are not just victims of circumstance, nor are they inert actors within a broader culture of psychedelic escapism. They are the masters of their own lives, and they have a choice when it comes to drugs.Xavier Symons is a research associate at the Institute for Ethics & Society, University of Notre Dame.https://www.mercatornet.com/features/view/pill-testing-is-not-the-answer-to-drug-deaths-at-music-festivals/22895last_img read more

UN Says Virus Will Cause Supply Shortages in Caribbean

first_img 256 Views   no discussions CoronavirusInternationalLifestyleNewsRegional UN Says Virus Will Cause Supply Shortages in Caribbean by: – February 13, 2020 Share Tweet Share Share Sharing is caring! (SKN Observer) A senior official of the United Nations Development Programme (UNDP) says Latin America and Caribbean countries (LAC) will suffer disruptions to their supply chains as Chinese production of goods has come as a result of the coronavirus (2019-nCoV) outbreak that has killed more than 1,000 people in the Asian country.“Notably, today the Chinese government announced that it will delay reporting its January trade data. Commodity prices will also likely be impacted by a slowdown of the Chinese economy. Chinese oil demand, for example, is already being reported to have dropped by 20 per cent by some news outlets,” said Luis F Lopez-Calva, the UNDP Regional Director for Latin America and the Caribbean.Lopez-Calva, who is also the UN Assistant Secretary-General, said that resilience is one of the main pillars of UNDP’s regional and Caribbean narrative and key foundation to promoting sustainable development in the region.“History demonstrates that in the region volatility is the norm and not the exception, and that the development trajectories of countries are not monotonic. Resilience is the ability to return to a predetermined path of development in the shortest possible time after suffering from an adverse shock.”He said that a new source of potential volatility has emerged and while it is too early to fully grasp its impact, a recent threat to the macroeconomic stability of the region is the 2019-nCoV.“How strong will the impact of the virus be on Chinese growth, how it will translate to a slowdown in the region, and how prepared is the region to weather these impacts, are all questions to be determined,” he said, noting that “what we know so far is that the coronavirus is spreading at a rapid pace and has resulted in a halt of economic activity in China, as the government limits the mobility in and out of the country”.He said while more than 31,000 have been infected, over 600 casualties and cases reported in 28 countries, “it is very likely that the impact of the virus on Chinese growth and commodity prices will represent a shock to the region”.Lopez-Calva said Latin America and the Caribbean is significantly exposed to China, as economic relations between the two have soared in the past decades, particularly through trade and FDI and lending.He said trade between China and LAC increased from US$12 billion in 2000 to US$306 billion in 2018 and is indeed Latin America’s second-largest trading partner.He said three years ago China represented already nine per cent of Latin America’s total exports and 18.4 per cent of total imports.Similarly, foreign direct investment (FDI) and lending from China have surged in Latin America and the Caribbean over the past decade.Between 2005 and 2017, China’s investment in the region represented five per cent of total FDI, more than US$90 billion.According to Inter-American Dialogue, China has positioned over US$141 billion in loans into the region since 2005, which represents more than the World Bank, the Inter-American Development Bank (IDB) and the CAF Development Bank of Latin America combined.“The full extent of the impact of the coronavirus will ultimately depend on how well the outbreak is contained, but it is expected that Chinese growth in the first quarter of the year to fall sharply and rebound later in the year,” Lopez-Calva said. Luis F Lopez-Calva, UN Assistant Secretary-General and UNDP Regional Director for Latin America and the Caribbeanlast_img read more