UK studies quarantine “circuit breaker” against coronavirus

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The government British is being pressured to implement a circuit breaker against the coronavirus. But the plan has nothing to do with the London Stock Exchange or with FTSE 100, the country’s main stock index.

Opposition scientists and politicians have been pressuring Prime Minister Boris Johnson’s government to implement a small quarantine, with stricter restrictions on the movement of people, but for a short period of time – just to stop the crisis for now.

For this reason, the term “circuit breaker”, traditional in the financial markets, has been used by advocates of restrictions in the United Kingdom. On the stock exchange, when stocks start to fall very sharply on the same day, trades are frozen for a few minutes. It is a defense mechanism against the “herd effect” and volatility.

Each exchange has its rules, but in Brazil, the circuit breaker is triggered for the first time when the Ibovespa retreats more than 10% – if, on the return, it continues to fall sharply, other interruptions may happen.

It is this parallel and the desire to stop the sudden increase in cases that have made the British use the term to refer to the coronavirus.

This Tuesday, the opposition Labor Party leader in the UK, Keir Starmer, wrote on Twitter that “we need a circuit break to fix the tests, protect the NHS [sistema de saúde britânico] and save lives ”.

Parts of the UK with a high number of cases are already in small local lockdowns. The country has had more than 10,000 or 15,000 daily cases of covid-19 a day, higher than the peak of the crisis in March, April and May.

The number of deaths has decreased, and is at less than 150 new victims per day. Even so, the increase in cases will invariably lead to new deaths, which worries the government amid the second wave of the disease across Europe.

Despite the pressure, Boris Johnson’s government has been reluctant to implement a new lockdown due to economic damage.

At the beginning of the coronavirus crisis, in March and April, the United Kingdom came to a complete lockdown for more than two months.

Source: Exame

The government British is being pressured to implement a circuit breaker against the coronavirus. But the plan has nothing to do with the London Stock Exchange or with FTSE 100, the country’s main stock index.

Opposition scientists and politicians have been pressuring Prime Minister Boris Johnson’s government to implement a small quarantine, with stricter restrictions on the movement of people, but for a short period of time – just to stop the crisis for now.

For this reason, the term “circuit breaker”, traditional in the financial markets, has been used by advocates of restrictions in the United Kingdom. On the stock exchange, when stocks start to fall very sharply on the same day, trades are frozen for a few minutes. It is a defense mechanism against the “herd effect” and volatility.

Each exchange has its rules, but in Brazil, the circuit breaker is triggered for the first time when the Ibovespa retreats more than 10% – if, on the return, it continues to fall sharply, other interruptions may happen.

It is this parallel and the desire to stop the sudden increase in cases that have made the British use the term to refer to the coronavirus.

This Tuesday, the opposition Labor Party leader in the UK, Keir Starmer, wrote on Twitter that “we need a circuit break to fix the tests, protect the NHS [sistema de saúde britânico] and save lives ”.

Parts of the UK with a high number of cases are already in small local lockdowns. The country has had more than 10,000 or 15,000 daily cases of covid-19 a day, higher than the peak of the crisis in March, April and May.

The number of deaths has decreased, and is at less than 150 new victims per day. Even so, the increase in cases will invariably lead to new deaths, which worries the government amid the second wave of the disease across Europe.

Despite the pressure, Boris Johnson’s government has been reluctant to implement a new lockdown due to economic damage.

At the beginning of the coronavirus crisis, in March and April, the United Kingdom came to a complete lockdown for more than two months.

Source: Exame

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