Steve Liebenthal's On Your Side Forecast
Louisiana is poised to become the next epicenter of the coronavirus crisis, White House officials said Thursday, citing new data that shows that 26 percent of the tests for COVID-19 in that state in recent days have come back positive. The New York area remains a “very clear and important hot zone,” Dr. Deborah Birx said at Thursday's briefing of the White House coronavirus task force as she revealed testing statistics on specific states. “What we're seeing finally is testing improving,” said Birx, a renowned veteran of the HIV/AIDS fight who is now serving as the response coordinator for the coronavirus task force.
As the worsening coronavirus pandemic continues to spread across the country, millions of Americans living with diabetes face heightened risks from COVID-19. Around 30 million Americans have diabetes, mostly of the type II (previously called “adult-onset”) variety. A quarter of U.S. adults with diabetes are over 65, an age that has been shown to delineate increased COVID-19 mortality rates.
An emergency room nurse told Insider she wouldn't take a ventilator if she were to be infected with coronavirus and to save it for others who may need it more. An emergency room nurse working in Southern California told Insider, the pandemic had forced her to have some difficult conversations with her family. Paige, who asked to conceal her last name said while she's found it too difficult to have the conversation with her 86-year-old father, she's discussed how she wants her family to deal with her death if she were to be infected and die from the coronavirus with her sisters.
Democrat Amy McGrath has punched back at Senate Majority Leader Mitch McConnell, accusing him of seeking a political windfall from an economic aid package while the coronavirus crisis worsens. McGrath's campaign released a TV ad Friday lambasting the Kentucky Republican for “taking a victory lap against the coronavirus." It's a quick response by his most well-funded Democratic challenger to a McConnell commercial in which he trumpeted his key role in passing the $2.2 trillion rescue package.
Pakistani Muslims at a Karachi mosque clashed with baton-wielding police trying to enforce new curbs on gatherings to prevent Friday prayers and contain coronavirus infections, officials said. TV footage showed dozens of people chasing two police vehicles and pelting them with stones as an officer fired in the air to disperse the crowd. After failing to persuade worshippers to pray at home last week, the government in Pakistan's southern province of Sindh, home to the financial hub of Karachi, enforced a lockdown for three hours beginning at noon on Friday, officials said.
Prime Minister Benjamin Netanyahu on Friday gave the green light for soldiers to be deployed in a mostly ultra-Orthodox Jewish city considered the centre of Israel's novel coronavirus outbreak. "In light of the special situation in Bnei Brak following the restrictions due to the coronavirus, the IDF (army) will immediately present the necessary civil assistance to Bnei Brak municipality in fulfilling its responsibilities," Netanyahu's office said after talks with security and health officials. Authorities have enforced restrictions on access to Bnei Brak, a majority ultra-Orthodox city near Tel Aviv that is home to around 200,000 people.
Every Autumn, Mazen Kourouche heads to the biggest Apple Store in Sydney, Australia, and queues up for hours to be one of the first people in the world to get his hands on the latest iPhone. "Since the iPhone 7 came out I've been lining up for the new Apple devices for a few reasons: firstly the hype associated with them, secondly because of the resale value, and thirdly because Australia is the first country to get access to the devices, so people are interested in hearing about it," he says. According to Mr Kourouche, who develops software for the iPhone operating system (iOS), many people would usually travel from overseas to get their hands on the iPhone in Australia.
The week ending on March 21 had the greatest explosion of new unemployment claims in American history, with 3.3 million people filing for benefits — surpassing the previous weekly record by a factor of nearly five. A Federal Reserve economist estimated America could be seeing over 30 percent unemployment in a few months — more than the nadir of the Great Depression. Thanks to America's uniquely boneheaded insistence on tying health insurance to employment, a great many of these people also suddenly find themselves without health coverage — one of several ways the novel coronavirus pandemic is hammering the insurance system.
A group of prominent Democratic senators formally requested on Friday that the Pentagon's independent Inspector General investigate the Navy's firing of the commander of the aircraft carrier Theodore Roosevelt, who called for stronger measures to halt a coronavirus outbreak on board. Captain Brett Crozier was relieved of his command on Thursday after his scathing letter was leaked to the media. Senator Richard Blumenthal of Connecticut and Senator Chris Van Hollen of Maryland led the push and were joined by 15 other U.S. senators, including Bernie Sanders, Elizabeth Warren, Amy Klobuchar and Kamala Harris.
We've been warned to brace ourselves for over 100,000 deaths, maybe over 200,000, from the new coronavirus that as yet has no vaccine or cure. We also need to brace ourselves for an economic tsunami that is unlike anything we've seen before. Two weeks ago there were 3.3 million first-time unemployment claims.
Courtesy of the Goldsmith family Michael Goldsmith, a 34-year-old husband, dad, and IT professional in New Jersey, has been on a respirator and in a medically induced coma from COVID-19 for two weeks. His doctors first said he'd be able to try remdesivir, a drug the World Health Organization has called the "most promising" treatment for the disease, under a compassionate-use program. But the pharmaceutical company that makes remdesivir, Gilead, pulled back that program right before Goldsmith was sick enough to qualify.
Billionaire Shark Tank investor and basketball team owner Mark Cuban hasn't ruled out running for president in 2020 after claiming that the coronavirus pandemic has created a "reset" that could open the field for his campaign. He said he "doubts" he would make a legitimate run this late in the race, with a Democratic field that has whittled down to former vice president Joe Biden and Vermont senator Bernie Sanders seeking the party's nomination to face Donald Trump in the general election, but "you never say never," he said, adding that it's doubtful he'll actually join the fray. "I'll keep an open mind, but I seriously doubt it," he told Axios on Friday.
The captain of a U.S. Navy aircraft carrier facing a growing outbreak of the coronavirus on his ship was fired by Navy leaders who said he created a panic by sending his memo pleading for help to too many people. Acting Navy Secretary Thomas Modly said the ship's commander, Capt. Brett Crozier, “demonstrated extremely poor judgment” in the middle of a crisis. Modly's decision to remove Crozier as ship commander was immediately condemned by members of the House Armed Services Committee, who called it a “destabilizing move” that will “likely put our service members at greater risk and jeopardize our fleet's readiness."
Israeli police on Friday have surrounded and established roadblocks around an ultra-Orthodox Jewish city that has become a coronavirus hotspot. Police officers established roadblocks to restrict the movement in and out of Bnei Brak, where a small number of the ultra-Orthodox residents' apparent failure to comply with government social distancing requirements has prompted a dangerously high rate of contagion. Prime Minister Benjamin Netanyahu warned Friday that if the ministry of health deemed it necessary the same restrictions could be placed on other locations within Israel.
Photograph: Sergio Maldonado/Reuters Mexico s homicide rate raced to a new record in March, as violence raged even as Covid-19 spread across the country and authorities urged the population to stay home and practise social distancing. Mexico registered 2,585 homicides in March – the highest monthly figure since records began in 1997 – putting 2020 on track to break last year's record total for murders. The surge in killings comes as federal and state officials put resources into containing the Covid-19 crisis and confront the prospect of an already sluggish economy falling even further – potentially deepening the misery for the more than 40% of the population living in poverty.
College students from Texas who tested positive for the novel coronavirus after spring break in Los Cabos traveled to the Mexican beach resort on Viva Aerobus, the airline said, and were there a week later than reported by the local tourist board. At least part of the Texas group stayed at the luxury Pueblo Bonito Los Cabos hotel, two people familiar with the arrangements told Reuters. So far 49 students among the group from University of Texas at Austin have tested positive for the coronavirus upon their return to the United States, according to the university.
The coronavirus pandemic could trigger a global slump bigger than the Great Depression of the 1930s, a closely watched international survey suggests. Manufacturing and services sectors in key geographical areas, including the UK, US and the eurozone, saw record falls in activity during March, according to Purchasing Managers' Index data. The data is published by IHS Markit and the Chartered Institute of Procurement and Supply (CIPS).
An investigation by the Chinese Communist Party found on March 19 that the actions of law enforcement in Wuhan was "irregular" and "improper." "Martyr" is the highest honor the Communist Party of China can bestow on a citizen killed working to serve the country. The country will honor him with three minutes of silence on Saturday.
Top infectious disease expert Dr. Anthony Fauci left the hosts of Fox & Friends disappointed and frustrated Friday when he threw cold water on their insistence that the anti-malarial drug hydroxychloroquine is a game-changing cure for the coronavirus. Citing a recent poll showing that 37 percent of doctors around the world feel the drug is currently the most effective treatment of COVID-19, co-host Steve Doocy added that frequent Fox News guest Dr. Mehmet Oz recently touted a small Chinese study that found the drug had some efficacy in treating the virus. Doocy went on to play a clip of Dr. Oz wondering whether Fauci was impressed with the results of that study.
Spain's Covid-19 cases have surpassed Italy as Europe's two main epicenters continue to grapple with curtailing the virus. A slower pace of fatalities and new cases though is offering hope that Spain's outbreak may be edging toward a peak. Confirmed cases increased by 7,026 to 124,736 over the past 24 hours, according to Health Ministry data, while deaths rose by 809 to 11,744.
According to S&P Global Market Intelligence, which tracked 200 corporations across all economic sectors for its analysis, companies have accessed credit lines for $154.79 billion through March 27. The consumer discretionary sector, which includes auto manufacturers, travel and tourism companies and retailers, led the way. GM and Ford were the biggest borrowers, each tapping more than $15 billion in credit.
New York state has the biggest single-day increase of death toll with 592 people dying from the coronavirus yesterday, the governor said. Governor Andrew Cuomo started his daily press briefing on Friday with the grim news about the death toll increasing in the state. The state's death toll rose to 2,935 people dying from the novel virus after posting its largest single-day increase.
Stacey Abrams began trending on U.S. Twitter on Thursday after Georgia Gov. Brian Kemp admitted having only recently learned that asymptomatic individuals can spread the coronavirus — despite warnings from health experts as early as January. "This virus is now transmitting before people see signs," Kemp said. The Centers for Disease Control and Prevention, based in Atlanta, warned as early as Feb. 12 that the coronavirus could be spread by asymptomatic people.