The Cost of Taking Cases to Zero

Prognosis: Misconception

Bloomberg

Health & Fitness, Science

4.1 • 838 Ratings

🗓️ 9 November 2020

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Countries like the United Kingdom and France are locking down amid a spike in cases. They’re concerned that winter will only make things worse. But if Europe and America want to see an example of how well lockdowns work during colder months, they need only look at Melbourne, Australia. The country’s second-largest city went through two lockdowns – one of which happened during its winter. Remarkably, the city has reported no new cases since late October. But, Jason Gale reports, it has come at a cost.

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0:00.0	What could you do if your data was working for you and not against you? With Bloomberg delivering
0:07.3	enterprise data directly to your systems, you get easy access to the details you want, optimized for
0:14.1	higher level analysis, and financial data experts committed to helping you maximize your every move.
0:24.0	Our data is made for more, so you can show the world what you're made of. Visit Bloomberg.com slash enterprise data to learn more.
0:34.4	Welcome to Prognosis. I'm Laura Carlson. It's day 240 since coronavirus was declared a global pandemic.
0:44.3	Today's main story? The city of Melbourne in Australia has undergone two strict lockdowns in the last eight months.
0:52.9	That's brought their case count to zero. But the policy
0:57.2	isn't without some trade-offs. But first, here's what happened in virus news today.
1:25.6	Early study results show that the COVID-19 vaccine being developed by Pfizer and Bio-Entec prevented more than 90% of symptomatic infections. It's the most encouraging scientific advance so far in the battle
1:30.0	against the coronavirus. The preliminary results paved the way for the companies to seek an
1:36.2	emergency use authorization from regulators. They can get that if further research shows the shot is also safe.
1:46.6	If the data hold up, the world may have a vital new tool to control the worst pandemic in a century.
1:54.4	Separately, the Novavax vaccine received a fast-track designation from U.S. regulators,
2:00.3	as the drug maker prepares to launch a large,
2:03.9	late-stage study before the end of the month. The expedited review by the U.S. Food and Drug
2:09.6	Administration could push the company onto a shortlist of frontrunners in the race to bring a vaccine
2:16.3	to market. Meanwhile, the pandemic shows no signs of
2:20.8	slowing, with worldwide infections surpassing 50 million. Cases in the U.S. topped 100,000 for a fourth
2:29.8	consecutive day, bringing the nation's total over the 10 million mark. New Jersey Governor
2:36.5	Phil Murphy said he'll reimpose some restrictions Monday after the state reported about
2:42.0	5,000 new cases in just 48 hours. Today, New York City Mayor Bill de Blasio said the city is coming dangerously close to a second wave of the novel coronavirus.
2:59.6	And now for today's main story.
	...

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