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Oil prices tank, as crisis fuels calls to re-open economies

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Oil prices tank, as crisis fuels calls to re-open economies | The Thaiger
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And now a global oil crisis hits home as well. Oil prices have crashed into negative territory after global coronavirus-related travel restrictions impacted demand.

After addressing the early crisis with ‘lockdowns’ and social distancing, now the narrative pivots to lifting stay-at-home orders and re-opening economies. Some European countries have taken tentative steps to ease restrictions as coronavirus death rates start to fall in some nations. Even in the US the national rates of new infections continues to rise, although the rate is starting to show signs of flattening out.

Whilst government’s are trying to tackle the thorny questions of when and how to ease restrictions, there’s now been an unprecedented collapse of global oil prices, which traded in negative territory for the first time ever. The collapse will add further ‘fuel’ to the arguments for a quicker unshackling of the people’s lives and the global economy.

Whilst billions of people have been staying at home to help limit the spread of Covid-19, and oil producers Saudi Arabia and Russia in a price war, an oil glut has pushed US benchmark West Texas Intermediate for May delivery prices down to -$37.63 per barrel. Yes, that’s MINUS $37.63. That means the oil companies are paying you take away their barrels at the moment.

The move was so violent and shocking that many traders struggled to grasp the extent of the fall. But the negative prices also reveal a fundamental truth about the oil market in the age of coronavirus: The world’s most important commodity is quickly losing all value as chronic oversupply overwhelms the world’s crude tanks, pipelines and supertankers. No one is flying, few are driving their cars, the demand has dropped to a historic low.Oil prices tank, as crisis fuels calls to re-open economies | News by The Thaiger

According to Bloomberg, the price collapse could redraw the global map of power as petrochemical states like Russia and Saudi Arabia, who have enjoyed a resurgence over the last 2 decades thanks to an oil windfall, see their influence diminished. Exxon Mobil, Royal Dutch Shell and other oil giants are ripping up business plans, desperate to preserve cash.

The Dow, chronically volatile for the past three months, closed down to 23,650.44 points or 2.4% on the back of the oil price crash.

The news emerges concurrently with protests in some US states where people marched over the weekend demanding that they be allowed to go back to work and return to their ‘freedoms’. This, despite a new survey that indicates most Americans oppose protests calling for an end to stay-at-home orders. The Yahoo News/YouGov poll published yesterday shows that 60% of Americans oppose the protesters while 22% support them, and 18% were unsure.

In Australia, authorities in Sydney have partially reopened three of the cities largest beaches while New Zealand announced it will ease a nationwide lockdown next week, with NZ PM Jacinda Ardern claiming… “We have stopped a wave of devastation.”

Around the world, there are now over 2,400,000 Covid-19 cases, 170,424 people have succumbed to the disease and over 646,000 have recovered. The US has been the hardest hit with 792,000+ cases and 42,514 deaths.

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Coronavirus (Covid-19)

IATA proposes Covid testing before travelling to replace quarantine on arrival

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IATA proposes Covid testing before travelling to replace quarantine on arrival | The Thaiger

The International Air Transport Association is proposing travellers to take a Covid test prior to departure to replace worldwide mandatory quarantines on arrival. The push comes after it announces that international travel is down by 92% this year due to the Covid-19 pandemic. As many countries are imposing mandatory quarantines that can be not only expensive but up to 14 days long, the IATA is calling for all countries to work together to create a pre-flight testing requirement in all airports.

Alexandre de Juniac, IATA’s Director General and CEO says that Covid testing is getting faster, cheaper and more accurate, which is why it is urgent to help kick-start the world economy by doing away with mandatory quarantines.

“The key to restoring the freedom of mobility across borders is systematic COVID-19 testing of all travelers before departure. This will give governments the confidence to open their borders without complicated risk models that see constant changes in the rules imposed on travel. Testing all passengers will give people back their freedom to travel with confidence. And that will put millions of people back to work.”

He says the removal of such quarantine requirements for nations like Canada and UK would also help those nationals to leave their countries confidently by knowing that accurate testing would be in place. IATA has also asked for feedback and says of those travellers polled, 65% agree that if a person tests negative for Covid-19, then they should not have to undergo a quarantine on arrival. 84% also agree that, instead, travellers should be required to get tested with 88% even agreeing that they would submit to testing as part of the travel process.

Over 5000 travel businesses have reportedly backed the IATA’s proposal after submitting an open letter to the president of the European Commission, demanding the EU to take action. However, testing and later vaccinating 75 billion people could prove to be a monumental task, one that may take months to devise a streamlined plan to carry out.

SOURCE: Travel Off Path

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Covid-19 deaths about to surpass 1 million whilst more reports emerge about former patients’ “brain fog”

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Covid-19 deaths about to surpass 1 million whilst more reports emerge about former patients’ “brain fog” | The Thaiger

The world’s Covid-19-related deaths will pass 1 million today as the the cycle of country lockdowns and re-openings are getting mixed results. As of this morning, Thai time, the number of total deaths has reached 998,721 , with 4-6,000 deaths still being recorded, globally, every day. The surge in daily new world Covid-19 cases has levelled off a bit since July but there has still been 300-320,000 new cases being added every day in September. On a more positive note, the number of daily deaths continues to level off, even dropping some weeks, as treatments continue to improve. At this stage, officially, only .42% of the world’s population has so far been infected.

The milestone comes in a week where another report from the UK catalogues the “brain fog” experienced by former Covid-19 sufferers.

 

Covid-19 deaths about to surpass 1 million whilst more reports emerge about former patients'The current hotspots for the virus, now 9 months in circulation, of new daily cases is led by India. Yesterday India added nearly 90,000 cases to the world total whilst the US is showing a resurgence in new cases after dropping the average down during August. There is also a resurgence in new cases in parts of Europe, including the UK, which is now recording more new cases as it was at its peak in the first wave in April and May this year. The following graphs records the top 10 countries for new Covid-19 cases recorded yesterday…

Covid-19 deaths about to surpass 1 million whilst more reports emerge about former patients'

SOURCE: worldometers.info

Both South America and India are showing the highest rates of new cases, in pure numbers whilst US health authorities are concerned about the latest surge in new cases as the country starts to head into its autumn and cooler weather.

Meanwhile, more former Covid-19 patients, even those who only suffered mild symptoms, continue to report about long-term effects from the coronavirus.

In Canada, some 130,000 Canadians have recovered but some patients report that they’re experiencing “debilitating side effects” months after their infection. Canadian scientists report that they are finding some of the long-term effects of Covid-19 include heart damage as well as neurological issues like “brain fog” and “difficulty thinking”. Other patients are reporting hair loss, fatigue and even painful lesions called “Covid toes,” many weeks or even months after infection.

One study based out of Italy reports that nearly 90% of patients who have recovered from Covid-19 reported at least one persistent symptom two months later.

39 doctors wrote about these “long-haulers” and their battle with Covid-19 and their persistent symptoms in a manifesto published in the British Medical Journal. Following the report, the doctors called on politicians, scientists and public health officials to conduct more research into chronic Covid-19 symptoms and to create additional clinical services.

“Failure to understand the underlying biological mechanisms causing these persisting symptoms risks missing opportunities to identify risk factors, prevent chronicity, and find treatment approaches for people affected now and in the future.”

The reports also defined the affected patients as not in the current list of “at risk” Covid-19 patients – usually elderly with underlying conditions – but instead representing a much wider demographic of younger and healthy patients who were experiencing the post-Covid symptoms.

SOURCE: BBC | CTV News

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Complete Thailand Travel Guide (September 2020)

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Complete Thailand Travel Guide (September 2020) | The Thaiger

Latest update – September 27. The Thaiger updates information about travelling to and re-entering Thailand. Depending on where you’re coming from, your purpose for visiting Thailand and your country’s own Covid-19 travel restrictions, the situation is changing daily. If you are overseas and wish to come to Thailand your FIRST port of call must be the Royal Thai Embassy in your country before you make any bookings.

Tell us about the new long stay ‘special tourist visa’, the STV.

Here are the strict basic requirements of the new STV…

• Foreign visitors will be required to have a Covid-19 test taken 72 hours before, departure

• They will have to buy Covid-19 health insurance

• Sign a letter of consent agreeing to comply with the Thai government’s Covid-19 measures

• Will be for a minimum 90 days (there have been some reports of a minimum 30 days), renewable twice, to a total of 20 days

• The visa will be limited to people from ‘low-risk’ countries although that list has not been announced

• Successful applicants will have to complete a 14 day mandatory quarantine at a state-registered quarantine/hotel

• STV travellers must travel by charter plane and every flight carrying them must receive permission from the Ministry of Foreign Affairs or CCSA

The new 90 day special tourist visa would be able to be extended twice, for 90 days each time. So, a total of 270 days (around 9 months). It was also announced that travellers would have to arrive on charter flights only, further pushing up the price of potential travel back to Thailand.

“Visitors can arrive for tourism or health services, and they can stay at alternative state quarantine facilities, specific areas or at hospitals that function as quarantine facilities. Our public health system is amongst the best in the world and people can have confidence in it.”

The new ‘STV’ (Special Tourist Visa) which will cost 2,000 baht and will last for 90 days each. The new visa regulation will be in effect until September 30, 2021 and may be extended beyond that time.

The government noted that it doesn’t have the ability to fully re-open to tourism at the moment as they have to be able to process incoming visitors and find approved locations for them to serve their 14 day quarantine.”The target is to welcome 100-300 visitors a week, or up to 1,200 people a month, and generate income of about 1 billion baht a month.”

Thai officials have also said they will only accept tourists from “low risk” countries, without specifying what those countries are.

On Friday, September 18, a director at the Department of Disease Control, said that foreign tourists will have to present proof of a negative Covid-19 test no more than 72 hours prior to travel.

The Thaiger will update the details of the new long stay tourist visa as soon as the become available.

The Special Tourist Visa will be formerly approved Monday. Read more HERE.

How is Thailand doing compared to the rest of the world with it’s re-opening to tourists?

The UN World Tourism Organisation has published its latest update on the state of the world’s re-openings in the Covid-era. 53% of the world’s tourist destinations have now started easing travel restrictions government’s imposed in response to the Covid-19 pandemic. The UNWTO reports acknowledges that many destinations “remain cautious” and some are even re-closing borders and tightening up restrictions again.

It’s the 7th edition of the “Covid-19 Related Travel Restrictions: A Global Review for Tourism”and identifies an ongoing global trend to gradually restart the world’s tourism machine. The report analyses restrictions by governments up to September 1. The research covers a total of 115 destinations (53% of all destinations worldwide) have now eased their travel restrictions – that’s an increase of 28 since 19 July. Of these, two have lifted all restrictions, while the remaining 113 continue to have certain restrictive measures in place.

• Another stand-out stat was that in advanced economies, 79% of tourism destinations had already started easing restrictions. In emerging economies, less than half, just 47% of destinations, have started the process.

• 64% of those destinations which have eased have a “high or medium dependence” on airlines to deliver international tourists to their location. Island destinations are particularly at risk at this time as the air lift is critical to their tourist success.

• 43% of all worldwide destinations continue to have their borders completely closed to all tourism, of which 27 destinations have had their borders “completely closed” for at least 7 months.

• Half of all destinations in the survey, with borders completely closed to tourism, are listed as being among the “World’s Most Vulnerable Countries”. They include 10 Small Island Developing States, one Least Developed Country and three Land-Locked Developing Countries.

Should I use a visa agent to extend my visa?

There are plenty of ads being posted at this time offering magic extensions to visas and opportunities to stay in Thailand after September 26. Please be aware that some of these alleged visa agents are scams. There are also plenty of good visa agents who will be able to provide you with advice and solutions, at a cost, allowing you to remain in the country.

If you do wish to contact a visa agent at this time make sure you get a referral from a friend, visit their office in person or ask plenty of questions and check their bonafides. Do not start sending money to accounts until you have seen some paperwork or evidence that they are able to provide you with a legal and professional service. Caveat emptor!

I had a retirement visa and have lived in Thailand for many years. When can I return?

Soon, it seems. The next batch of returnee categories is now being considered by the CCSA. This time, foreigners with permanent residences who have been stranded overseas for the past 6 months, and long-term foreign residents (retirement visa), will receive priority when the Centre for Covid-19 Situation Administration announces the next date for the next phase of lifting the shutters on Thailand’s borders.

The chairman of the CCSA’s panel, who oversea the easing of Covid-19 restrictions, announced that the panel will recommend these two groups of foreigners back into Thailand “as they have high purchasing power”.

Both groups would still have to undergo the mandatory state-controlled 14 day quarantine. It’s under the quarantine that so many Thai repatriates have been found to have Covid-19 during the series of tests they undergo.

As of today there has been no official date announced for the commencement of this program.

If you believe you fall into either of these categories, contact your local Thai Embassy or consulate to discuss your circumstances BEFORE you purchase a ticket or make any other arrangements.

Is it safe in Thailand at the moment?

Yes. No less safe than usual and certainly there has been no civil unrest that would make you ponder your personal safety beyond the usual precautions you would take anywhere in the world. The current student protests are fairly limited and are publicised ahead of time so you can avoid those situations. Whilst there has been some outbursts against foreigners from a Thai politician and a few stressed-out locals, the situation for foreigners remains safe and secure at this time.

What happened to the Phuket Model?

It was a non-starter after the government encountered resistance from some in Phuket. It was also not well received by travellers and many in the local hospitality industry.

At this stage, a model to allow limited tourists to re-enter the country, on extended tourist visas, with some restrictions, is being hammered out by the CCSA in conjunction with the Public Health Department, TAT and Ministry of Sports and Tourism. It’s called the Special Tourist Visa and is aimed at high-wealth tourists with plenty of time, as the visa has a minimum 90 day stay requirement.

Are there any Facebook pages where I can share my story about wanting to come back to Thailand?

The ‘Love Is Not Tourism Thailand’ Facebook page, which includes families torn apart by the pandemic, is calling on the Thai government to help reunite their families.

“We’re asking the government to issue visas or allow entry for family members and lovers to reunite with each other for humanitarian reasons. Evidence such as a passport with an entry stamp into Thailand, photos, and text messages should be able to verify their unions.”

I have been stranded in Thailand since April. Now I have run out of money and don’t know what to do.

This is a really difficult situation and you’d be well advised to contact your friends and family, and advise them of your predicament. Also, you MUST contact your country’s embassy or consulate to alert them of the situation. They will at least have information about repatriating you to your home country or perhaps other options that may be available.

Just hoping your situation is going to improve won’t work. Get as much information as you can about your options. And hopefully your family or friends can send you some funds to tide you over during this crazy time. Chock dee krub!

The airlines are selling tickets to fly to Thailand now. Should I buy one?

No. Don’t buy a ticket for a flight to Thailand until you have ALL the paperwork required, have discussed your trip with your local embassy and you have been approved for travel. Why the airlines keep selling tickets, for flights that will be cancelled, is a mystery.

There are currently no plans to open Thailand’s borders for international tourism beyond proposals for a limited opening for tourism into Phuket called the Phuket Model. It was proposed to start in October but no decisions have been made.

Which leads us to the next question….

When will Thailand open its borders for international tourism?

Both the Civil Aviation Authority and a Deputy Governor from the TAT have stated that it is unlikely that the borders will be reopened for general tourism until 2021. But there is now the new Special Tourist Visa which allows tourists to visit for 90 days at a time (extendable twice for a total of 270 days), at a cost of 2,000 baht per application or extension. There are still quite draconian restrictions on the new visa, including the 14 day mandatory quarantine and lots of paperwork. Your starting point would be to contact your Royal Thai Embassy in your country.

Would a Thailand Elite Visa solve my problems?

Yes and no. The Elite Visa program is an excellent and convenient means of staying in Thailand with few problems, allowing you to avoid visits to Immigration and most of the paperwork. But it’s an expensive up-front costs and, for now, there is a 3-4 month waiting period to process new applications.

At this time, there is also a limit on the number of people, on various visas, they are allowing to re-enter Thailand each day. But if you have the cash, it’s definitely an option as people on the Thailand Elite Visa are currently allowed to re-enter the Kingdom.

Our flight has a transit stop in Thailand. Can we get off the plane and spend a day in Bangkok?

No. At this time all transits require passengers to remain on the plane. There may be some situations where they deplane passengers but you will be restricted to a section of the airport.

Can I get a job, get a new visa and stay in Thailand?

Maybe, possibly. Jobs for foreigners are thin on the ground at the moment. Outside of teaching English (there will always be jobs for English teachers in Thailand), most companies are cutting staff right now, rather than employing. You would need to secure a letter of offer from your new employer and visit you local immigration office to discuss the matter urgently, before September 26.

Can I fly back to my country and get a new Non B visa, and then return to Thailand?

In theory, yes. But it will take some good planning and a dose of luck for the plan to be successful. Theo did it… HERE’s the link to his story. You will certainly need to do a 14 day quarantine upon your return and the capricious nature of various embassy and immigration officials could make the many steps to get all the paperwork a nightmare.

What about other tropical holiday spots?

Island economies, dependent on tourism – from Bali in Indonesia, to Hawaii in the US – grapple with the pandemic, which has brought global travel to a virtual halt. World aviation has dropped by 97% (last month compared year-on-year). Re-opening to tourists has led to the resurgence of infection in some places like the Caribbean island of Aruba, and governments are fearful of striking the wrong balance between public health and economic reality. Even The Maldives, which confidently re-opened for tourism, has had a recent surge of new cases and forcing the government to rethink its plans.

Ibiza and the other popular Spanish party islands, are also devastated by the current Covid situation.

Can I travel to Thailand for medical Tourism?

Yes. Even though Thailand’s borders are still closed to most travel, including tourism, there are some select groups being allowed back into the Kingdom. Medical tourists are one of those groups but, for most countries, ONLY for urgent or emergency medical matters. Foreign medical tourists are now permitted to apply to come to Thailand for medical treatment with strict disease control measures being put in place.

BUT, and there’s always a ‘but’ at the moment, some countries will not permit its citizens to travel outside of their home countries, even for medical emergencies. In all cases, you would need to consult your local Royal Thai Embassy to find out if you are eligible, before you book a flight or sing a contract with a medical provider in Thailand.

Under the CCSA regulations, foreign medical and wellness tourists have to arrive by air to ensure effective disease control, not via land border checkpoints at this stage.

“Those seeking cosmetic surgery and infertility treatments will be allowed to enter the country. Those seeking Covid-19 treatment are barred.”

If you’d like to investigate coming to Thailand at this time, go to MyMediTravel to browse procedures and check out your options.

Spokesperson Dr. Taweesilp Visanuyothin says the visitors must have an appointment letter from a doctor in Thailand and entry certificates issued by Thai embassies across the globe. People wanting to visit Thailand for medical procedures at this time will need to contact the Thai Embassy in their country to organise the visa and paperwork. Thailand’s major hospitals will provide potential candidates with an appointment letter.

They will also need to produce proof that they tested negative for Covid-19 before their arrival. Once in Thailand they will be tested again and will required to stay at the medical facility for at least 14 days, during which they will be able to start their chosen treatments.

The CCSA says that medical procedures will only be allowed for foreigners at hospitals that have been registered to provide the treatments and have proven their ability to contain any potential outbreak. Potential patients will only be allowed to bring a total of 3 family members or caretakers during their visit to Thailand. Caretakers will have to go through the same screening procedures as the patient.

Embassies and participating hospitals will be able to provide more information about procedures, facilities, paperwork requirements and arrival options.

Again, MAKE SURE you consult the Royal Thai Embassy in your home country before proceeding with any medical tourism pans.

Are there any plans to extend the range of foreigners who can come into Thailand at this stage?

Two more categories are being currently considered for re-entry into Thailand – foreigners with permanent residences who have been stranded overseas for the past 6 months, and long-term foreign residents (retirement visa), will receive priority when the Centre for Covid-19 Situation Administration announces the date for the next phase of re-opening.

Since Thailand’s experience with Covid-19, it has closed its borders to tourists and visitors, stranding both Thais and foreigners who want to return to the Kingdom. It also stranded up to 500,000 foreign visitors who are unable to leave Thailand due to the border closures or simply decided to wait out the peak of the pandemic here. Many of those have already flown back home on either specially organised repatriation flights or the handful of scheduled flights still leaving Bangkok.

Although restrictions are slowly being lifted, the new measures prioritise professionals, businesspeople and wellness travellers, rather than couples who aren’t legally married, including gay couples, and other types of non-immigrant visas.

People currently allowed back into Thailand include people holding a certificate of permanent residency, a current and valid work permit, those who have special arrangements with, or have been invited by the Thai government, and migrant workers. Holders of a Thailand Elite visa are also permitted under the current situation, although there is a cap on entry numbers under that program.

There’s also the Special Tourist Visa, which starts in October, which is aimed at high-wealth tourists but still has a long list of requirements, including a minimum 90 day stay.

Travel advice from the UK government

From 4 July, Thailand is exempt from the FCO advice against all non-essential international travel. This is based on the current assessment of COVID-19 risks.

However, the requirement to self-isolate on return to the UK from Thailand remains in place. See guidance on entering or returning to the UK.

The following advice within Thailand remains in place. The FCO advise against all but essential travel to areas within the provinces on the Thailand-Malaysia border, including…

  • Pattani
  • Yala
  • Narathiwat
  • Southern Songkhla province. This does not include areas north of and including the A43 road between Hat Yai and Sakom, and areas north-west of and including the train line which runs between Hat Yai and Pedang Besar.

Travel to Thailand is subject to entry restrictions.

  • At present only certain categories of foreign nationals are permitted to enter or transit Thailand.
  • If you’re eligible to enter, you will be subject to a 14-day state quarantine at a Thai government-designated facility at your own expense. If suspected of carrying Covid-19, you may be denied entry into the country
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