25 June 2020

This Week’s COVID-19 Snapshot

The weekly snapshot provides expert insight on the outbreak and its widespread impact. In this edition, we highlight how the widespread introduction of COVID tracing apps raises privacy and security concerns as well as increasing reputational risk for technology firms. We also examine the economic impact of Colombia’s VAT-free sales and more.

 

25 June 2020 – Colombia

Predictions:

  • VAT-free sales day will boost consumer confidence, but COVID-19 outbreak may worsen and economy will remain weak
  • Sales event came as Colombia‚Äôs virus infection rates are generally rising, and may accelerate infection rates
  • Economy will remain subdued for remainder of year although government expects it to grow by 5% in 2021

 

24 June 2020 – Global Themes

Predictions:

  • Widespread introduction of centralised COVID-19 tracing apps will raise significant privacy concerns and reputational risks
  • Ability to trace identified individuals via centralised data gathering will increase long-term potential for state oppression
  • Autocratic states will likely seek to make health-tracing apps permanent, sustaining risk beyond current pandemic

 

24 June – Lebanon

Predictions:

  • Political infighting will further complicate efforts to agree IMF loan terms, fuelling ongoing economic deterioration in coming weeks
  • Protracted economic hardship and implementation of austerity measures will fuel discontent and sustain large-scale anti-government protests
  • Protests will increase risk of surge in COVID-19 infections, sustaining possibility of renewed lockdown that would further undermine economy

 

24 June 2020 – Israel-Palestine

Predictions:

  • Increase in COVID-19 infection rates will prompt Israeli government to reimpose restrictions but return to full lockdown unlikely for now
  • Targeted measures imposed by Tel Aviv will mean Israel is able to ensure relatively flat peak in event of further rises in infection rate
  • Acceleration of cases will be more problematic in Palestinian territories, where surge risks overwhelming inadequate healthcare facilities

For full assessments request the free weekly COVID-19 roundup here.