Space Industry and Business News  
DISASTER MANAGEMENT
Panic buying follows coronavirus across the globe
By Ross ADKIN
Hong Kong (AFP) March 5, 2020

Shelves are being stripped bare of toilet rolls, hand sanitiser and surgical masks everywhere from Japan to France to the United States as panic buying criss-crosses the globe with the coronavirus, defying repeated calls for calm and disrupting supply chains.

Obsessively documented on social media, scrambles to the shops and empty shelves are adding panic and confusion to the fight against an epidemic that has killed thousands, placed millions under quarantine and battered global markets.

Australia's biggest supermarket this week began rationing sales of toilet paper after police had to be called to a shop in Sydney when a knife was drawn in a scuffle over the scarce commodity.

On Saturday Japan's prime minister took to Twitter to calm fears of a national shortage, while social media photos from the US show toilet paper shelves lying bare.

Psychologists say a mix of herd mentality and over-exposure to coverage of the virus is to blame.

"We might be less irrational if we weren't being reminded so much of the potential dangers by the news," London-based consumer psychologist Kate Nightingale told AFP.

"We either avoid the topic or we go completely nuts and stock up on anything we might just need."

Panic buying of non-medical items like toilet paper "gives people this sense of control that 'I will have what I need when I want'," Andy Yap, a psychologist and Charlene Chen, who specialises in marketing and business in Singapore told AFP in an email.

The city-state experienced its own recent run on toilet paper, traceable, they said to a "believable" rumour of an impending shortage due to shutdowns in virus-stricken China, a major producer.

Endlessly scrolling through social media also "distorts our perceptions and makes us think that things are a lot more serious than they truly are," they said.

As the uncertainty grows, they added, items such as surgical masks and hand sanitiser transform into "problem-solving goods... that seemingly help people gain control over the virus."

-'The odd one out'-

Single-use surgical masks that typically retail for just a few US cents are also hot property, exacerbated by restrictions on exports from China, the leading producer, as the government keeps more back for domestic usage.

Last month ten thousand people queued outside a Hong Kong shop that had secured a shipment, and days later masks were voted the most desireable gifts to receive for Valentine's Day.

In London, masks are now going for more than 100 times their normal retail price, while French authorities said they will requisition all face mask stocks and production.

The demand is being "driven by panic buying, stockpiling and speculation," World Health Organization spokeswoman Fadela Chaib told AFP.

This is despite the US Centers for Disease Control and Prevention saying it did not "recommend the use of facemasks" to help combat the outbreak.

But in crowded, paranoid cities where others are already wearing them, donning a mask can be comforting -- if ineffective.

"You don't want to be the odd one out," Nightingale said.

"At the end of the day, we do need our social groups for survival so it's a primal instinct to obey whatever needs that society imposes on us."

-'Trusted faces'-

As more countries report new cases, Yap and Chen said it was important for authorities to "re-establish control" over information and rumours that spark hoarding and panic-buying.

"In times of uncertainty, it is good to set rules because rules provide a sense of order and control."

Governments also need to be clear in explaining any new rules and why they are important in the fight against the virus.

But, Nightingale said, with distrust of health authorities on the rise in the West over mandatory vaccinations and with governments and companies "among the least trusted institutions," this might be difficult.

"Hiring trusted faces could help... David Attenborough might work for a certain kind of customer profile, like the over 40s. For younger profiles, you could turn to social media influencers."


Related Links
Bringing Order To A World Of Disasters
A world of storm and tempest
When the Earth Quakes


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


DISASTER MANAGEMENT
S.Africa to airlift 151 from virus-infected China within days
Johannesburg (AFP) March 1, 2020
South Africa will evacuate 151 citizens from the coronavirus-hit Chinese city of Wuhan within days, the health minister said Sunday, as the death toll and number of infected worldwide mounted. The virus has spread to more than 60 countries around the globe - killing nearly 3,000 people and sickening 87,000 - prompting the World Health Organization to raise its risk assessment to its highest level. The decision to airlift the trapped South Africans came after President Cyril Ramaphosa on Thursd ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

DISASTER MANAGEMENT
Hope for a new permanent magnet that's cheap and sustainable

Cloud data speeds set to soar with aid of laser mini-magnets

Creating custom light using 2D materials

Raytheon awarded $17 million for dual band radar spares for USS Ford

DISASTER MANAGEMENT
Lockheed Martin's Most Advanced Mobile Communications Satellite Launches

Space and Missile Systems Center awards Northrop Grumman $253.6 million for Protected Tactical SATCOM acquisition

AEHF-5 Satellite Control Authority Transferred to Space Operations Command

Improving 5G Network Security

DISASTER MANAGEMENT
DISASTER MANAGEMENT
Four BeiDou satellites start operation in network

Third Lockheed Martin-Built GPS III satellite delivered to Cape Canaveral

Honeywell nets $3B+ deal for new Air Force navigation system sustainment

Google Maps marks 15-year milestone with new features

DISASTER MANAGEMENT
Sri Lanka offers tax cuts, subsidies to revive jinxed airport

Optimised flight routes for climate-friendly air transport

Transportation Command head questions Air Force's plan for refueler upgrades

India, U.S. ink $3B deal for helicopters

DISASTER MANAGEMENT
How a new quantum approach can develop faster algorithms to deduce complex networks

Honeywell unveils plan for 'most powerful' quantum computer

Scientists succeed in measuring electron spin qubit without demolishing it

KITE code could power new quantum developments

DISASTER MANAGEMENT
NASA images show fall in China pollution over virus shutdown

NASA Selects New Instrument to Continue Key Climate Record

The unexpected link between the ozone hole and Arctic warming

Utilis partners with SITE Technologies to provide next-generation total property assessment

DISASTER MANAGEMENT
Air pollution 'pandemic' shortens lives by 3 years: study

Micro-pollution ravaging China and South Asia: study

Toxic mineral selenium to blame for spinal deformities in California Delta fish

In Dakar, volunteers clean beach littered with medical waste









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.