Coronavirus COVID-19Group CMT Briefing

BRIEFING #26

28 JULY 2020

GROUP CRISIS MANAGEMENTBRIEFING

Peter Tsai, the inventor of N95 Mask

Coronavirus COVID-19Group CMT Briefing

• This is the sixth time a global health emergency has been declared under the International Health Regulations, but it is easily the most severe. In the past 6 weeks, the total number of cases has roughly doubled.

• Researchers are making "good progress" in developing vaccines…, with a handful in late-stage trials, but their first use cannot be expected until early 2021

• The best way to suppress transmission and save lives is by engaging individuals and communities to manage their own risk and take evidence-based decisions to protect their own health and that of those around them.

• We will not be going back to the “old normal”. The pandemic has already changed the way we live our lives. Part of adjusting to the “new normal” is finding ways to live our lives safely. We’re asking everyone to treat the decisions about where they go, what they do and who they meet with as life-and-death decisions –because they are...for you or someone lese…

• Keep your distance from others, clean your hands, avoid crowded and enclosed areas, and wear a mask where recommended. Where these measures are followed, cases go down. Where they’re not, cases go up.

• Most people are still susceptible to this virus. As long as it’s circulating, everyone is at risk….just because cases might be at a low level where you live, that doesn’t make it safe to let down your guard. Don’t expect someone else to keep you safe. We all have a part to play in protecting ourselves and one another.

• Almost 10 million cases, or two-thirds of all cases globally, are from 10 countries, and almost half of all cases reported so far are from just three countries. As we have said previously, political leadership and community engagement are the two vital pillars of the response.

• WHO, the UN Development Prog. and Georgetown Uni. launched the COVID-19 Law Lab , The COVID-19 Law Lab is a database of global state of emergency declarations, quarantine measures, disease surveillance, legal measures relating to mask-wearing, social distancing, and access to medication and vaccines.

• The world’s poorest and most vulnerable people are especially at risk. There are up to 500 million indigenous peoples in over 90 countries. Indigenous peoples often have a high burden of poverty, unemployment, malnutrition and both communicable and non-communicable diseases, making them vulnerable.

• One of the key tools for suppressing transmission in indigenous communities – and all communities – is contact tracing. Lockdown measures can help to reduce transmission, but they cannot completely stop it. Contact tracing is essential for finding and isolating cases and identifying and quarantining their contacts. Contact tracing is essential for every country, in every situation. It can prevent individual cases from becoming clusters, and clusters turning into community transmission. Contact tracing has long been the bedrock of outbreak response, from smallpox to polio, to Ebola and COVID-19.

• Early results from a WHO survey of 103 countries show that more than half have limited or suspended service delivery platforms for outpatient services, community-based care, and inpatient services due to disruptions from the pandemic. Health services are disrupted in at least 81 countries. Our projections are that a 10 percent decline in pregnancy-related and newborn health services could lead to as many as 168 thousand additional deaths per year. Deaths from HIV, TB and malaria may increase by up to 10, 20 and 36 percent, respectively. 175 million children in 59 countries will miss their measles vaccination.

BRIEFINGS BY WHO 19th to 27th of July 2020

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Coronavirus COVID-19Group CMT Briefing

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GLOBAL STATUS REPORT

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Statistics

Confirmed Cases

Deaths 656,673

Critical Condition 66,556

Mild Condition 5,686,587

Recovered & Discharged 10,242,468

Top 20 (out of 213 countries & territories affected)

Country Confirmed Deaths Recovered Critical

USA 4,433,410 150,444 2,136,603 19,100

Brazil 2,446,397 87,737 1,667,667 8,318

India 1,484,136 33,461 954,004 8,944

Russia 818,120 13,354 603,329 2,300

South Africa 452,529 7,067 274,925 539

Mexico 395,489 44,022 256,777 3,922

Peru 389,717 18,418 272,547 1,439

Chile 347,923 9,187 319,954 1,555

Spain 325,862 28,434 - 617

United Kingdom 300,111 45,759 - 104

Iran 293,606 15,912 255,144 3,819

Pakistan 275,225 5,865 242,436 1,217

Saudi Arabia 268,934 2,760 222,936 2,126

Colombia 257,101 8,777 131,161 1,493

Italy 246,286 35,112 198,593 45

Turkey 227,019 5,630 210,469 1,263

Bangladesh 226,225 2,865 125,683 1

Germany 207,379 9,205 191,400 261

France 183,079 30,209 81,082 398

Argentina 167,416 3,059 72,575 1,002

+2,003,855 cases since 20 July

=3.9% of all confirmed cases

28 July 2020

83% 85% 80% 88%

16,652,284

Coronavirus COVID-19Group CMT Briefing

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GLOBAL PANDEMIC IN 3 CHARTS

c

Coronavirus COVID-19Group CMT Briefing

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PROTECTING OUR PEOPLE AND OUR BUSINESS: GOALS: 1. MINIMISE IMPACT OF CORONAVIRUS 2. BE READY TO HIT THE GROUND RUNNING

TWO COLLEAGUES CONTINUE TO RECOVER FROM C-19 IN SOUTH AFRICA; OUR BEST WISHES ARE WITH THEM ALWAYSPLEASE CONTINUE TO PUT EVERYONE’S HEALTH FIRST AND MAKE SURE YOU HAVE A HOLIDAY TO REFRESH YOURSELF FROM THE ROUTINEHKA IS SURVIVING AND GETTING STRONGER – THANK YOU TO EVERYONE.

GLOBAL SUMMARY:1. Both colleagues in South Africa who contracted C-19, continue to recover at home, and are being supported by family; our thoughts are with them. Health is our

number 1 priority2. A number of offices across the Americas, Middle East and Asia regions are continuing to progress their plans in making some of their offices available for

voluntary use only. Health and well-being of colleagues, and voluntary attendance continue to be the underpinning principles3. We are ensuring that C-19 Compliance training and Ergonomics learning remains high to protect health, productivity and motivation. 99.7% of colleagues have

completed C-19 compliance learning, and 98.3% ergonomics learning

AMERICAS:• Offices remain closed in the US, Chicago employees went

into our office to pack their belongings for the move• Canada is working on reopening plans for Montreal

and Toronto- target is August• We are encouraging employees to take paid time off and

vacation time for their personal wellbeing• CH has launched the Equality, Diversity and Inclusion

Committee for the Americas.

MIDDLE EAST (ME):• Development of return to office plan continues for locations

across the Middle East• Personal travel plans increase as local requirements relax

although changes continue daily• Continuing to encourage colleagues to utilise annual leave for

their own wellbeing.

OCEANIA:

AFRICA:• Our colleague who first contracted C-19 has reoccurring

symptoms and is currently putting their health and wellness first and is fully supported

• Our colleague who was SA’s second case of C-19 continues to recover at home and are supported by family

• Review of health insurance underway to potentially provide further support to our colleagues and their families

• Continuing to encourage colleagues to utilise annual leave for their wellbeing and be refreshed when work comes in.

NEXT ACTIONS AND WHY:1. The governments in some regions are beginning to relax border controls, and there is an increase in personal travel. Everyone needs to remain absolutely vigilant in monitoring rapidly changing environments to protect their health and ability to return home safely and easily from trips. Thank you2. We highly value all of our talented colleagues, and we are currently developing Equality, Diversity and Inclusion (ED&I) initiatives globally and across our regions, to embed ED&I as part of our normal business operations. This is incredibly important to the success of our business, and all colleagues3 Make sure you give yourself a refreshing break from the routine and work, by taking some holiday. We also will then be fully charged with enthusiasm and energy when more work comes into HKA. Please encourage colleagues to look after their health by taking some time away from work.

CONFIDENTIAL 28 JULY 2020

Owner of slide: CPO

Produced by: Kate Benchoam

KEY:

Same as last report (20 July 2020)

What has evolved (since 20 July 2020).CH Continent HeadPPE personal protective equipmentRA risk assessment

• Brisbane and Perth colleagues have embraced the flexibility to attend their office. New safety procedures are being willingly adopted. Sydney colleagues continue to work from home, and no date has been set to open this office

• .Melbourne continues to increase in C-19 cases, lock-down and border restrictions have been extended. Our Melbourne colleagues are well and are supported by the business.

ASIA:• Training on the new QR (machine readable code)

accessibility app completed• Return to office planning underway across Asia• Continuing to encourage colleagues to utilise annual

leave for their own wellbeing• Malaysia colleagues continue to work flexibly from

home and office.

EUROPE:• Continuing to encourage colleagues to take annual leave for

their health and to be ready for when work demands increase• Opinion survey results on returning to office working are being

reviewed and will be considered as part of the action plan• Personal travel plans are being notified and details

recorded.

Coronavirus COVID-19Group CMT Briefing

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Typical symptoms of COVID-19 (not exhaustive)

• An inability to take a deep breath

• A rising temperature

• A debilitating cough

• Chills and body aches

• Overwhelming exhaustion

• Diarrhea and nausea

• Sore throat, headache and nasal congestion

REVISITING COVID-19 SYMPTOMS

Unusual symptoms of COVID-19A new loss of taste or smell: The CDC recently added this unusual symptom to its list of top signs that you might have Covid-19. It can occur without any warning, not even a stuffy nose.

COVID toes and blood clots: At first glance, the swollen red or purple toes look like a case of frostbite. But it's just another example of the strange ways that Covid-19 affects the body.

Pink eye: Early research from China, South Korea and other parts of the world found about 1% to 3% of people with Covid-19 also had conjunctivitis, commonly known as pink eye.

Sudden confusion, even delirium: The World Health Organization lists altered consciousness or confusion as a possible early symptom of Covid-19, in some cases presenting even before fever and cough.

Everyone — every man, woman and child in the world — is equally at risk of being infected with Covid-19.

How the disease will then impact people depends on many variables, including some that science does not yet understand.

Today, science recognizes those very common signs of both the common cold and flu as more frequent in Covid-19 than previously thought.

Coronavirus COVID-19Group CMT Briefing

LATEST ON VACCINES…

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• Many vaccines are in various stages of development around the world, with 23 already being tested in people.

• A vaccine developed by scientists at Oxford University (AZD1222) is safe and has produced an immune response in early-stage clinical trials in healthy volunteers.

• Vaccine maker Moderna started its final, phase 3 trial of a coronavirus vaccine in the United States Monday, and this is the stage that can’t be sped up.

• German biotech company BioNTech and US pharmaceutical company Pfizer said data from an early-stage trial of their experimental coronavirus vaccine showed that it prompted an immune response and was well-tolerated. Pfizer's experimental vaccine gets FDA nod for advanced trial in the US.

• AstraZeneca has signed agreements with governments around the world to supply the vaccine should it prove effective and gain regulatory approval.

• Merck is also working on a vaccine but hasn’t said when it might be ready.

• The Ad5-nCOV vaccine under development in China by CanSino Biologics and China's military research unit has shown to be safe and induced immune response in most of the recipients, researchers said.

• Coronavirus vaccine can end pandemic if enough people get it.

Experts have been pretty clear that even a coronavirus vaccine won't return bring pre-pandemic life back overnight given public-health infrastructure and unique challenges associated with its roll-out.

Large vaccine trials have begun. It seems likely, that a vaccine could be available by early 2021. But there are countless obstacles to creating a successful vaccine.

Dr. Fauci: "What we really need, and we're on the track of getting, are interventions that can be given early in the course of disease to prevent people who are vulnerable from progressing to the requirement for hospitalization," he said, adding, "I believe we are on a good track to get there reasonably soon."

Coronavirus COVID-19Group CMT Briefing

United States & Canada• WHO chief to US: Stop making "unacceptable" allegations and focus on "saving lives" • U.S. Accuses Hackers of Trying to Steal Coronavirus Vaccine Data for China• More than 1,000 daily deaths were reported Tuesday for the first time in July, Covid-19 hospitalizations are nearing April's peak after falling for months, more than

20,000 members of the US military have contracted the virus.• The Supreme Court rejected a Nevada church’s request to block enforcement of state restrictions on attendance at religious services.• McDonald’s will require customers to wear face coverings inside all of its U.S. restaurants beginning Aug. 1. • The C.D.C. issued a full-throated call to reopen schools, downplaying the health risks, after President Trump criticized its earlier recommendations.• If you want a coronavirus test in the U.S., be prepared to wait days, even weeks, for the results. • Medical experts are urging political leaders to shut down the country and start over to contain the pandemic. "Right now we are on a path to lose more than

200,000 American lives by November 1st.• Google will allow nearly all of its 200,000 employees to work from home until at least next July, 1st major corporation to announce such an extended timetable.• After initially being reluctant to enforce mask wearing, officials in Miami are now urging residents to keep them on even inside their own homes. • California and Texas are among the states setting daily records for new infections. California surpassed New York for the most reported cases of any state.• After three months of slow declines, unemployment claims rose last week, with 1.4 million new applications. • A fierce battle over masks is taking place among Texas Republicans, with Gov. Greg Abbott under attack from within his own party.• Chicago is rolling back its reopening. Starting Friday, bars won’t be able to serve alcohol indoors, personal services that require removing masks will be banned,

and indoor fitness classes will be limited to 10 people.

IN THE NEWS…- President Trump urged Americans to wear masks for the first time.

- China has offered a $1 billion loan to Latin America and the Caribbean for access to its Covid-19 vaccine.

- The Trump administration announced a huge contract with the pharmaceutical giant Pfizer and BioNTech, a smaller German biotech company, for up to 600 million doses of a coronavirus vaccine that’s under development

- The annual banquet in Stockholm to celebrate the winners of the Nobel Prize has been canceled because of the pandemic.

- For the first time in July, the United States recorded more than 1,000 coronavirus deaths in one day.

- U.S. officials accused two hackers of trying to steal vaccine data for China.

- Nearly 7 million more children could suffer from acute malnutrition due to Covid-19 pandemic

- E.U. leaders have agreed to a landmark $857 billion stimulus package to rescue their economies.

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Coronavirus COVID-19Group CMT Briefing

Australia & New Zealand• Face mask requirement does not infringe on human rights or constitutional freedoms, lawyers say• An outbreak in Melbourne, Australia, has rattled officials after extensive testing and early lockdowns had limited outbreaks for months.• In Melbourne, Australia’s second-largest city, masks will be required whenever people leave home starting Wednesday. A violation could result in a fine.• In parts of NSW, restrictions and mandatory hygiene regulations for venues will come into force at 12:01am on Friday• NSW Health said it was able to determine the source of every new COVID-19 case recorded overnight• Doctors in regional NSW debate community need to wear face masks in public to defend against COVID-19.• Australia on Sunday reported its highest one-day death toll, all in the state of Victoria.

UK & Europe• Face coverings are now required for anyone entering shops and supermarkets in England, as new rules intended to limit the spread come into force.• The economic fallout of the coronavirus crisis could spark a "massive" new wave of migration once borders reopen, the head of the Red Cross said.• Romania re-imposed restrictions after daily new infections more than tripled during the past month to over 1,000.• Belgium’s prime minister issued broad mask-wearing requirements, including for pedestrians outdoors, and warned of even stricter measures if infections

continued to rise. Belgium is facing a second wave of the virus and has ordered people to wear masks at outdoor markets and on commercial streets, Politico reports. Restaurants, bars and hotels have also been told to collect customers’ phone numbers to aid contact tracing.

• Cases in Spain have quadrupled over the last month, with more than 200 local outbreaks that skew toward younger people, raising fears of asymptomatic transmission. Hundreds of thousands of people have been returned to lockdown.

• Itching to party? German scientists are looking for 4,200 volunteers to attend an all-day indoor concert in the city of Leipzig to find out how the virus would spread in such a setting

• Britain’s transportation secretary, Grant Shapps, was among the thousands of Britons who were blindsided by the government’s decision to impose a quarantine on anyone arriving from Spain.

Africa• The World Health Organization has sounded the alarm over the spread of Covid-19 in Africa, warning that South Africa's surging numbers could be a precursor of

impending outbreaks across the continent.• Zimbabwe is also dealing with a spike in cases, and has imposed a dusk to dawn curfew on its citizens to try to contain it. • Still, there are success stories: one of Africa's most densely populated countries, Rwanda, has managed to keep the virus under control through testing and

contact tracing.

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IN THE NEWS…

Coronavirus COVID-19Group CMT Briefing

IN THE NEWS…

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Middle East• In Israel, where cases are spiking and nearly one in nine people are now unemployed, thousands of millennials have blocked the streets outside Prime Minister

Benjamin Netanyahu’s official residence repeatedly to demand that he quit.• Passengers from 29 countries must be tested twice if travelling to Dubai• Saudi Arabia gears up for downsized hajj. As Saudi continues to reports new COVID-19 cases on a daily basis, spokesman warns against Eid gatherings• Oil prices to stay in low $40 range as second pandemic wave looms overAsia• In Japan, where masks were widespread even before the pandemic, there has been a big push to innovate. Inventors have dreamed up masks with motorized air

purifiers, Bluetooth speakers and even sanitizers that kill germs• The hunt for the origins of SARS-CoV-2 will look beyond China. The virus may have been born in South-East Asia• Japanese officials are pointing fingers at Tokyo’s nightlife districts — though its new surge has moved beyond them. • Hong Kong is shutting down all dine-in restaurant service and limiting public gatherings to two people after it recorded >100 new cases for the sixth day in a row.• China’s National Health Commission announced new safety guidelines for the country’s meat processors• Central Asian governments admit they have a problem with covid-19 • the Philippines has the second-highest case count in Southeast Asia, after Indonesia.• Nepal is lifting most lockdown restrictions and will soon open schools, restaurants and mountain trekking.• President Rodrigo Duterte of the Philippines said the police would arrest people for not wearing masks in public.• Tens of thousands of people in the Indian state of Assam have been displaced by severe flooding, heaping misery on the already pandemic-stricken region. • A "wartime" state has been declared in the capital of Xinjiang, home to China's persecuted Muslim-majority Uyghur ethnic group. • China reports highest number of local Covid-19 cases since early March for second day in a row • Researchers in South Korea examined the extent to which children can be vectors of the virus, and their results did not inspire hope for schools’ reopening this fall.• North Korea declares emergency over what it says may be its first virus case

Latin America• Brazil has reported yet another new record for infections and is running dangerously low on basic medicine• The Bahamian government is banning travelers from the US and other countries where coronavirus cases are surging in an effort to prevent further spread.• Mexico nears 400,000 coronavirus cases, the second highest in Latin America • More than 15,500 Indigenous people in Brazil have tested positive for the virus possibly exposed by the health workers who were sent to protect them.• In Nicaragua, dozens of fiercely loyal members of the ruling Sandinista party and police officials, have died over the past two months.• Bolivia tops 70,000 Covid-19 cases

Coronavirus COVID-19Group CMT Briefing

There are various schools of thought:

1. Central banks can continue to finance governments so long as inflation remains low, resembling “modern monetary theory” (MMT), where countries who can afford it are encouraged to ignore debt-to-GDP ratios, continue to run deficit spending until unemployment and inflation return to normal.

2. Other mainstream economists advocate expansionary fiscal policy precisely because they want interest rates to rise. This, in turn, allows monetary policy to regain traction.

3. The third school of thought, which focuses on negative interest rates, is the most radical. It worries about how interest rates will remain below rates of economic growth. Its proponents view fiscal stimulus, whether financed by debt or by central-bank money creation, with some suspicion, as both leave bills for the future.

The rethink of economics is an opportunity. Tight labour markets could give workers more bargaining power without the need for a big expansion of redistribution. A level-headed reassessment of public debt could lead to the green investment. Governments could unleash a new era of finance, involving more innovation, cheaper financial intermediation and, perhaps, a monetary policy that is not constrained by the presence of physical cash.

THE COVID-19 PANDEMIC IS FORCING A RETHINK IN MACROECONOMICS

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Link to the articleWhat is clear is that the old economic paradigm is looking tired. One way or another, change is coming.

• Great Depression had convinced economists that governments were supposed to run large deficits during downturns to prop up the economy, with the expectation that they would pay down the accumulated debt during the good times. This collapsed in the 1970s.

• In the 1990s and 2000s a policy regime loosely known as “flexible inflation targeting” was formed to achieve low and stable inflation by rising and lowering short-term interest rates. The job of fiscal policy became managing the business cycle By keeping public debt low and distributing income in a way that politicians saw fit.

• After the global financial crisis of 2007-09, policymakers were confronted by two problems: 1) the level of demand in the economy, and 2) while concerns about the costs of globalisation and automation helped boost populist politics, economists asked in whose interests capitalism had lately been working.

• Then coronavirus hit. Supply chains and production have been disrupted, but the bigger impact of the pandemic has been on the demand side, causing future inflation, interest rates to fall even further.

• The pandemic has also exposed and accentuated inequities in the economic system with a crisis that hurts the poorest hardest. That is behind the shift in macroeconomics. Devising new ways of getting back to full employment is once again the top priority for economists.

• Huge fiscal-stimulus programmes mean that public-debt-to-GDP ratios are rising. However if interest rates remain lower than nominal economic growth, then an economy can grow its way out of debt without ever needing to run a budget surplus.

Coronavirus COVID-19Group CMT Briefing

COVID-19 AND GENDER EQUALITY: COUNTERING THE REGRESSIVE EFFECTS

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Link to the article

What is good for gender equality is good for the economy and society as well. The COVID-19 pandemic puts that truth into stark relief and raises critically important choices.

• Even before the pandemic, progress toward gender equality had been uneven. The pandemic and its economic fallout are having a regressive effect on gender equality. women’s jobs are 1.8 times more vulnerable to this crisis than men’s jobs. Women make up 39 percent of global employment but account for 54 percent of overall job losses.

• Global GDP growth could be $1 trillion lower in 2030 than it would be if women’s unemployment simply tracked that of men in each sector. taking action now to advance gender equality could be valuable, adding $13 trillion to global GDP in 2030 compared with the gender-regressive scenario. taking action only after the crisis has subsided rather than now—would reduce the potential opportunity by more than $5 trillion.

• Female job loss rates due to COVID-19 are about 1.8 times higher than male job loss rates globally, at 5.7 percent versus 3.1 percent respectively. The nature of work remains significantly gender specific: women and men tend to cluster in different occupations in both mature and emerging economies.

• Women do an average of 75 percent of the world’s total unpaid-care work, including childcare, caring for the elderly, cooking, and cleaning. In some regions, such as South Asia and the Middle East and North Africa (MENA), women’s share of unpaid-care work is as high as 80 to 90 percent.

Refer to the article for some themes and ideas aired in previous publications on gender equality.

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ADDITIONAL READING…

1. COVID-19 crisis shifts cybersecurity priorities and budgets

2. The IMF: Unemployment in Today’s Recession Compared to the Global Financial Crisis

3. The IMF: The COVID-19 Gender Gap

4. CNN: The mask debate is still raging in the US, but much of the world has moved on

5. McKinsey & Co.: Making a daily ‘to be’ list: How a hospital system CEO is navigating the coronavirus crisis

6. McKinsey & Co.: Sustaining and strengthening inclusion in our new remote environment

7. McKinsey & co.: The Emotion Archive

8. McKinsey & Co.: Understanding and managing the hidden health crisis of COVID-19 in Europe

9. McKinsey & Co.: Closing the $30 trillion gap

10. McKinsey & Co.: Lessons from the past: Informing the mining industry’s trajectory to the next normal

The following additional reading may be of interest:

Coronavirus COVID-19Group CMT Briefing

IF YOU WOULD LIKE TO KNOW MORE ABOUT HOW WE ARE MANAGING THE COVID-19 CRISIS

VISIT HKA.COM

Good to see our COO protecting his health and the health of others by wearing a face covering while travelling on his holiday.

Well done to Louise, from our Warrington office, and Rik. Rik delivered a wonderful music session for us last Friday; while working with Louise to raise awareness of Guide Dogs. Louise continues to smash her fund raising target for Guide Dogs with over £1k GBP being raised so far!

“We all wish Dimitrios and Sofia a very healthy and happy life together. A beautiful photo demonstrating how normal life continues for colleagues.”

Kate Wood, CPO added: “from a diversity perspective, we encourage everyone to be themselves and HKA does not favour any type of relationship. We do love our colleagues to be happy though! Wishing Dimitroios and Sofia love and great times ahead.”