Posts in Emerging Risks
Pandemic also a reckoning for climate change: Turnbull | Policy Exchange and The Age

"The COVID virus has been a case of biology confronting and really shaking the complacency of day-to-day politics with a physical reality of sickness and death on a scale we haven't seen for a very long time," Turnbull told the Policy Exchange audience. "And so the question really is: why do so many people in government and so many people in politics - particularly in the Anglo sphere - not take the scientific evidence on climate change just as seriously?

And below a link to The Age article covering the interview.
Think of coronavirus as a test run: Australian military leaders warn we must prepare for worse | ABC News

As Australia was swept by panic buying and medical shortages this year, the scenes were eerily familiar for one of the country's most senior military planners.

In a secret meeting only a year earlier, the Defence Department's director of preparedness Cheryl Durrant and a group of Australian industry leaders had predicted a strikingly similar scenario.

"We predicted the unpredictable," says Ms Durrant, who left the department in January.

Saudi's crude oil price cut may set off price war in Middle East | SP Global

Singapore — Saudi Arabia's decision to cut its crude oil prices sharply over the weekend has added pressure on other Middle East producers to follow suit or risk losing market share, setting the stage for a price war in the region, market participants said Monday.

Saudi Arabia, over the weekend, announced deep cuts in the price of its oil for customers globally after falling out with Russia on further production cuts to support prices. The price cuts were deepest for Europe -- a move that's widely seen as a direct challenge to Russia -- one of the region's biggest oil supplier.

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Coronavirus outbreak exposes a weak link in the U.S. drug supply | STAT
In October 2019, Dr. Janet Woodcock, the director of the FDA’s Center for Drug Evaluation and Research, testified before Congress that the United States “has become a world leader in drug discovery and development, but is no longer in the forefront of drug manufacturing.” 72% of API manufacturing takes place outside the U.S., and the use of foreign-sourced materials “creates vulnerabilities in the U.S. supply chain,” Woodcock concluded.
3 Key Risk Management Responses to the Coronavirus | Risk Management Monitor
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The novel coronavirus 2019-nCoV continues to spread throughout China and other countries, seriously impacting business operations around the world. As governments and companies act to protect their citizens, operations and employees at home and abroad, these actions threaten to produce business interruptions, travel risks and other effects that could be detrimental to business continuity.

Here are three approaches to limit risk from the coronavirus:

  • Take Travel Precautions
  • Develop a Response Plan
  • Consult Reputable Information Sources

CDC coronavirus situation summary

Outbreaks of novel virus infections among people are always of public health concern. The risk from these outbreaks depends on characteristics of the virus, including whether and how well it spreads between people, the severity of resulting illness, and the medical or other measures available to control the impact of the virus (for example, vaccine or treatment medications).


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This is a very serious public health threat. The fact that this virus has caused severe illness and sustained person-to-person spread in China is concerning, but it’s unclear how the situation in the United States will unfold at this time. The risk to individuals is dependent on exposure. At this time, some people will have an increased risk of infection, for example healthcare workers caring for 2019-nCoV patients and other close contacts. For the general American public, who are unlikely to be exposed to this virus, the immediate health risk from 2019-nCoV is considered low. The goal of the ongoing U.S. public health response is to prevent sustained spread of 2019-nCov in this country.
Australia to deny entry to travellers from mainland China unless they’re Australian citizens | SBS | 1 Feb 2020
Australia will deny entry to all travellers from mainland China unless they’re Australian citizens, amid growing fear surrounding the deadly coronavirus, Prime Minister Scott Morrison has announced. While citizens, permanent residents and their immediate family, legal guardians and spouses will be excepted from the strict measures, Mr Morrison said anyone arriving from China will be required to self-isolate, as part of the stricter border approach.