SAN FRANCISCO (KGO) On the year one-year anniversary of the COVID-19 pandemic, ABC7 News isn t just looking back we re looking forward.
The coronavirus pandemic isn t yet over, but it s clear that some of its effects may be with us forever. We asked Marina Gorbis, executive director of Institute for the Future, how COVID-19 might impact our world over the next five years (and beyond). See her answers broken down by category below.
Economy
Back to work? Not necessarily
No big surprise here: The pandemic forced many companies to modernize quickly and allow employees to work from home. And if it ain t broke, don t fix it right?
Reflecting back on one year of COVID-19 in New Jersey
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Two days later, Camden County announced its first case.
As the residents reflect one year later, the county s vaccination site is buzzing with activity and people anxious to be vaccinated.
The Patels, from Sewell, New Jersey, received their first dose of the Moderna vaccine Thursday at Camden County College after staying up until midnight looking for an appointment. Last night, we tried to book at midnight, said Khodadhal Patel, sitting in the observation area with his wife.
In April last year, three of his household family members contracted COVID-19. He says it was a scary time when there was still much they didn t know about the virus.
India, once the center of global oil demand growth, expects its fuel consumption to bounce back during the coming year as the nation recoups the losses caused by Covid-19. Demand for gasoline, diesel and other fuels will reach a record 215.24 million tons in the 12 months through March 2022, according to estimates by the Petroleum Planning and Analysis Cell of India’s oil ministry. That’s almost a 10 per cent rebound from the current year, which has been hit hard by the virus. At one stage last year, India’s fuel consumption plunged by as much as 70 per cent, led by the world’s biggest lockdown. The measures forced a sharp reduction in crude processing and imports, and helped drive a slump in international oil prices. On Thursday, the Organization of Petroleum Exporting Countries and allied nations will discuss how much crude to pump, and India is urging them to open the taps.
San Diego County leaders will launch a task force focused on equity and economic recovery in a community hit hard by the coronavirus pandemic: South Bay.
Sibanye-Stillwater’s record-breaking results
Sibanye-Stillwater’s results for the six months and year ended 31 December 2020 were impressive and broke several records.
Attributable profit of R29.312 million for 2020 was 47 times higher than R62 million for 2019 to R29.312 million. Free cash flow (FCF) was significantly higher for 2020, despite the impact of Covid-19 on the operations, with FCF of R19.914 million – 63 times higher than FCF for 2019 of R318 million. “These are excellent results which demonstrate the benefits of the Group’s larger, diversified production base,” commented Neal Froneman, Sibanye-Stillwater CEO.
As a result of this strong performance and the improved outlook for the Group, the Board declared a year-end dividend which delivers a full year dividend to shareholders at the top end of the Group policy range. The full year dividends of R10.713 million is equivalent to an approximate dividend yield of 8.7% average share price for 2020, well ahead o