Observations OS

  Just how dangerous is Covid-19? What's the current state of herd immunity? Below I take a peak at some numbers and show how the Jamaica's current infection state impacts herd immunity.  Age Group Jamaica's Total population 2018 1 Infection Fatality Ratio 2 Statistically at Risk Population Confirmed Covid Cases by Age  Group 3 Covid Deaths by Age Group 3 Care Fatality Rates 65+ year old 249,789 9.000% 22,481                 8,630 719 8% 50 to 64 year old 398,807 0.600% 2,393                 9,987 314 3% 18 to 49 years old 1,360,369 0.050% 680               27,232 139 1% 0 to 17 year old      718,537 0.002%         14    6,654       10 0%

Most people should be feeling the impact fuel cost have been having on their finances. Without a doubt this is driving inflation and impacting the cost of living. But how did it get here?  World Oil Prices crashed in April 2020 For approximately two weeks between  April 16 and May 1, 2020 US WTI Oil price traded for less than  US$20/barrel. WhatsApp status post querying the Jamaican government to buy an oil and gas hedge. April 16, 2020. Government Response   Minister tasked the BoJ and MoF to review hedging options. - April 20, 2020. https://mof.gov.jm/mof-media/media-centre/press/2643-statement-from-the-minister-of-finance-and-the-public-service-on-potential-oil-price-hedging.html   Finance Minister praises decision not to go ahead with oil hedging as prices hit record low.  - April 20, 2020. http://radiojamaicanewsonline.com/local/finance-minister-praises-decision-not-to-go-ahead-with-oil-hedging-as-prices-hit-record-low   Jamaica decides against new oil hedge.   -