Recently, Amazon announced that it has blocked and removed tens of thousands of products that violated the "Amazon Marketplace Fair Pricing Policy" and will continue to monitor epidemic prevention-related products to ensure the shopping experience of consumers around the world. At the same time, Amazon also stated that it is currently no longer accepting new sales applications for disposable masks and related products, and the platform has also adopted stricter control measures on these products in terms of product quality, price and other aspects. On March 16, according to cnBeta, as the new coronavirus epidemic spreads around the world, irrational panic buying of daily necessities has begun to appear around the world. Yesterday, Amazon said in a blog post that it is taking action to meet this challenge. As an all-around store, when the panic caused by the epidemic shifted from offline to online, Amazon was caught in a dilemma of many daily necessities being out of stock. For example, drinking water and toilet paper were generally sold out, and the delivery time of other products was far beyond the usual promised delivery period for Prime members. In addition, physical supermarkets have also taken many measures to deal with product shortages. For example, Walmart adjusted its business hours to allow it to clean and rearrange shelves before consumers rush to buy. On March 16, in order to cope with the current growth in demand for mask products and improve the overall product quality of the platform, AliExpress opened the EU CE certification qualification upload function for protective mask-related categories on March 12 to encourage mask merchants to complete CE certification for their products. If the masks sold by the seller have CE certification, they need to upload the qualification as soon as possible. Products that pass the review will have the opportunity to gain more exposure in France and other places. Otherwise, they may be restricted from display in some areas according to regulations. At the same time, any merchant selling masks must ensure that the source is legal and the quality is guaranteed. AliExpress will conduct regular inspections of mask products to ensure consumer experience. Products that do not meet the requirements will be removed from the shelves for the first time, and the platform will delete the products if they violate the rules again. In addition, sellers also need to pay close attention to the restrictive policies of various countries on mask products, such as France's confiscation of masks above FPP2 level in the country, so as to make timely adjustments to sales arrangements. The Fed cuts interest rates to 0 and restarts QE On March 15, local time, the U.S. Federal Reserve announced that it would lower the target range for the federal funds rate to an ultra-low level of zero to 0.25%. It is reported that the Federal Reserve has lowered the base interest rate to zero and launched a $700 billion (nearly 5 trillion RMB) quantitative easing program. The Federal Reserve said that the COVID-19 pandemic has caused social and economic damage to many countries, including the United States. In response to the impact of the pandemic, the Federal Reserve has cut interest rates to zero from the 15th and launched a $700 billion quantitative easing program. At 3:30 p.m. local time on March 13, U.S. President Trump held a press conference on the South Lawn of the White House, announcing that the United States has entered a state of emergency to deal with the new coronavirus pneumonia. The federal government will activate a $50 billion emergency fund reserve to be used by state medical institutions to respond to the new coronavirus pneumonia epidemic. At the same time, it requires states to establish emergency command centers to respond to the new coronavirus pneumonia as soon as possible. Trump said the Department of Health and Human Services will be able to exempt some healthcare equipment providers from licensing requirements. Trump also said that everyone may carry the virus and there is a risk of transmission; the next eight weeks are critical time in the fight against the epidemic, and Americans need to make short-term sacrifices for long-term benefits. |
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