Oct 112021
 


Paul Gauguin Bathing, Dieppe 1885

 

Hundreds of thousands of US Troops Remain Unvaccinated (DM)
Southwest Cancels 1,800 Flights In 2 Days, Rumours Of Employee ‘Sickout’ (RT)
More Info Surfaces On Southwest Airlines Flight Cancellations (CTH)
If This Is True…. (Denninger)
Judge Rules Against Natural Immunity Claim Challenging Vaccine Mandate (ET)
Natural Immunity and Covid-19: Twenty-Nine Scientific Studies (BI)
Amish: No Hospitalization, Isolation Or Vaccines = Herd Immunity (Attkisson)
China Prepares for Possible Large-Scale COVID-19 Outbreak (ET)
New Zealand Makes Covid-19 Vaccinations Mandatory For Health Workers (R.)
Getting Flu With Covid Doubles Risk Of Death, Says UK Health Chief (G.)
Shelves Stripped Bare As Brits Rush To Panic-buy Ahead Of Christmas (RT)

 

 

 

 

 

 

 

 

Molnupiravir
Cost in India: 40 capsules 0.13 USD
Cost in US: 10 capsules: 700 USD

 

 

This is a war

 

 

“Biden added that country is still on a wartime footing..”

So they can courtmarshal them?

Good luck trying to make the entire army woke.

Hundreds of thousands of US Troops Remain Unvaccinated (DM)

Hundreds of thousands of United States servicemembers remain unvaccinated or are only partially vaccinated against the coronavirus, as the deadline to have the shot draws closer. The vaccination rates vary between military branches, according to data obtained by the Washington Post, with 98 percent of the active duty Navy fully vaccinated. There are almost 340,000 such personnel, with the two per cent who haven’t been jabbed representing close to 7,000 people. Meanwhile, just 72 percent of the 181,000 active Marine Corps personnel have been vaccinated – meaning close to 51,000 have yet to have the jab. Both branches have to be fully vaccinated by November 28, under the Defense Department’s August mandate.

Figures show that 81 percent of Army members are fully vaccinated. That branch of the military has 485,000 members, with the 19 per cent who remain unvaccinated representing well over 95,000 personnel. And more than 60,000 people in the Air Force have just three weeks to meet their deadline to be fully vaccinated. The rate, though, is worse for members of the Army National Guard and Army Reserves – which have until June to meet the vaccination requirement. Military officials said the rates have varied due to the staggering deadlines, and have expressed hope that the vaccination rates will increase as the deadlines near. Since the pandemic began, about a quarter million service members have been infected with the virus, and more than 2,000 were killed, with a large outbreak last year aboard the USS Theodore Roosevelt that showed how quickly the virus could spread in close quarters.

The outbreak served as a wake up call when the ship was sidelined for two months after about 1,100 crew members were infected and one soldier died. In August, Defense Secretary Lloyd Austin announced that he was seeking President Joe Biden’s approval to mandate that all service members get vaccinated against the virus. which the president later approved. He said in a statement at the time that he strongly supports Austin’s decision, noting the plan would add the COVID vaccine ‘to the list of required vaccinations for our service members not later than mid-September,’ according to the Associated Press. Biden added that country is still on a wartime footing and ‘being vaccinated will enable our service members to stay healthy, to better protect their families, and to ensure that our force is ready to operate anywhere in the world.’

LA firefighters

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A strange denial game. It was the weather…

Southwest Cancels 1,800 Flights In 2 Days, Rumours Of Employee ‘Sickout’ (RT)

Thousands of passengers that booked Southwest Airlines flights for their weekend travel have been stranded in the US airports after the airline cancelled the flights amid reports of a protest against the vaccine mandate. SouthWest, known for its relatively low prices, cancelled at least 1,018 flights on Sunday, that is in addition to 808 flights that were cancelled on Saturday, US Today reported, citing flight tracking data. In a statement on Saturday, SouthWest blamed the abnormal rate of cancellations on air traffic control issues and “disruptive weather,” adding that they were working to “recover” the operation. However, the situation appeared to have only worsened on Sunday, with SouthWest account on Twitter being inundated by complaints from the disgruntled passengers claiming that flights had been cancelled out of the blue and that the airline’s employees were nowhere to be seen.

“Flight cancelled out of nowhere and now NO ONE is seen at the front desks to assist customers,” actor Kevin Michael Martin complained. Another passenger, who has been apparently stranded at a Dallas, Texas, airport, posted a photo of a long line of people, tweeting: “Ticket agent counter before security is a mess,” to which SouthWest responded by insisting that the chaos was merely a result of “ATC issue and disruptive weather.” “Thanks for hanging in there with us today,” SouthWest said. Southwest Airlines Pilots Association (SWAPA), which represents some 10,000 pilots, also poured cold water on the speculations of an ongoing strike, saying on Sunday that the group was “focused on the safety of our crews, passengers, and overcoming operational challenges, not unofficial job actions.”

However, media citing “airline sources” have reported that air traffic controllers were staging a mass “sickout” or walkout at the federal air traffic control center in Hilliard, Florida, over mandatory vaccinations. The reported protest caused “ripple effect” paralyzing SouthWest operations, Leland Vittert, national correspondent for NewsNation, reported on Twitter. Responding to the rumours of a mass walkout on Sunday afternoon, The Federal Aviation Administration (FAA) dismissed the report, insisting that “no FAA air traffic staffing shortages have been reported since Friday.” “Flight delays and cancellations occurred for a few hours Friday afternoon due to widespread severe weather, military training and limited staffing in one area of the Jacksonville Air Route Traffic Control Center,” the agency said.

Psychiatrist

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“Essentially, the union cannot organize or even acknowledge the sickout, because doing so would make it an illegal job action.”

More Info Surfaces On Southwest Airlines Flight Cancellations (CTH)

People inside Southwest Airlines are speaking out carefully and pointing out why there are so many flight disruptions. Essentially, the background issues are what were discussed earlier. Pilots are pushing back against vaccine mandates; and if you think about the curriculum vitae of a typical pilot, it makes sense.A big percentage of commercial airline pilots are former military pilots. That group of people carry a strong disposition toward the principles of patriotism, service, liberty and freedom. It is a simple truism that upsets leftists, but it makes sense for this specifically skilled workforce group to be the tip of the push back spear. Alex Berenson provides some background details after being contacted by a Southwest pilot:

“The pilot emailed following the first Southwest post today (and provided his SWA ID to prove his identity). He asked that I paraphrase the email. Essentially, the union cannot organize or even acknowledge the sickout, because doing so would make it an illegal job action. Years ago, Southwest and its pilots had a rough negotiation, and the union would not even let the pilots internally discuss the possibility of working-to-rule (which would have slowed Southwest to a crawl). But at the moment the pilots don’t even have to talk to each other about what they’re doing. The anger internally – not just among pilots but other Southwest workers – is enormous. The tough prior negotiations notwithstanding, Southwest has a history of decent labor relations, and workers believe the company should stand up for them against the mandate. Telling pilots in particular to comply or face termination has backfired.”

[..] Factually I do not believe a federal mandate for a vaccine is even possible or legal. It appears to me that all of Biden’s threats in this regard are simply that, threats. The purpose of the threat is to push people to take the vaccine without actually attempting a legal federal mandate; and that approach so far has been successful. However, now they are going to encounter the more hard-core groups who will not concede liberty or freedom to a federal mandate. It is obvious Anthony Fauci also knows a federal mandate will lose in court when challenged. The fact that Fauci brings up state vaccination requirements for education, as examples of historically forced vaccinations is both a strawman argument and structurally false. There has never been a FEDERAL mandate for any vaccination. All the vaccinations Fauci discusses (ex. his kids) were state mandates. Each state also has a different set of standards and laws for children and vaccines. There is nothing federal.

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“I trust animal meds in this sort of context far more than human ones. Go kill someone’s tens-of-millions of dollar racehorse and see how long you live. Whack Fluffy and it will be all over the news for a week..”

If This Is True…. (Denninger)

“Fun fact: Between 100-200 United States Congress Members (plus many of their staffers & family members) with COVID.. were treated by a colleague over the past 15 months with ivermectin & the I-MASK+ protocol at http://flccc.net. None have gone to hospital. Just sayin’.” There are 535 members of Congress. On the lower boundary this is 19% of the members, plus staff and family or close to one in five. On the upper boundary it is more than a third. Remember folks that doctors have been threatened with loss of their medical licenses for writing prescriptions and chain pharmacies, which are most of them, have in many cases refused to fill said prescriptions. The entire reason people have gone out and bought “pony paste” is that they can’t go to the local doc-in-a-box and get a script for Ivermectin.

Incidentally I trust animal meds in this sort of context far more than human ones. Go kill someone’s tens-of-millions of dollar racehorse and see how long you live. Whack Fluffy and it will be all over the news for a week with the responsible vet run out of town. But killing Granny, if you’re a hospital and can come up with a positive PCR test you get a $33,000 bounty — and everyone, including the media, yawns. Do I believe Ivermectin is the entire answer? No. It wasn’t for me, and I used it when I got Covid in early August. But was it part of the answer? I believe it was. It certainly didn’t kill me and on the data it is about 100 times safer than Tylenol. We have 40 years of data on its safety and it has a risk of seriously harming you of about 1 in 600,000. With close to four billion human doses dispensed and consumed that data is pretty solid; I certainly trust it.

Can you OD on it or worse, find some product that has it and other things in it too and those other drugs are unsafe (or at least untested) in humans? Certainly. But remember folks: We had an out-and-out fraud, a actual medical practitioner, who stated their entire ER was full of people who poisoned themselves with the drug. The hospital, a day or two later when they realized they had been named, issued a formal statement that exactly zero persons had shown up in their Emergency Room having been poisoned by self-administration of Ivermectin. Did anyone go to prison for this lie? Nope. Did that person’s medical ticket get punched permanently for their false presentation? Nope. What sanction was placed on said person for their intentional fraud? None.

Is Covid serious? It certainly can be. While there are predictors of increased risk the fact is that just as with any drug who gets hammered and who does not is not certain. I used a prophylactic protocol for close to a year and a half and despite somewhere around two dozen known exposures I did not get the virus. I was still using that protocol when I finally did get the virus via an exposure that was close enough to get me, but was hardly as close as many of the others. I also was under a serious immune assault due to a yellowjacket swarm during the incubation period; without that I might well have once again avoided infection. There’s no way for me to know that with any degree of certainty.

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Jacobson 1905. Wasn’t that about eugenics?

Judge Rules Against Natural Immunity Claim Challenging Vaccine Mandate (ET)

A federal judge on Oct. 8 denied a request to block Michigan State University’s COVID-19 vaccine mandate on the basis of natural immunity. An employee at the school, Jeanna Norris, filed a lawsuit against the mandate and asked a judge to intervene on the basis that she had already contracted COVID-19 and recovered. She presented two antibody tests showing her previous infection, and her doctors told her that she didn’t need to get the vaccine at this time. Despite her natural immunity, Norris faces termination from the university for not complying with the school’s mandate that all students and staff get the shot unless they have a medical or religious exemption.

U.S. District Judge Paul Maloney, an appointee of former President George W. Bush, declined her lawsuit. The mandate, Maloney said, didn’t violate her fundamental rights and pointed to a 1905 Supreme Court ruling. “This Court must apply the law from the Supreme Court: Jacobson essentially applied rational basis review and found that the vaccine mandate was rational in ‘protect[ing] the public health and public safety,’” Maloney said in his order. “The Court cannot ignore this binding precedent.”

[..] “Ms. Norris courageously brought this lawsuit to vindicate the constitutional rights of individuals with naturally acquired immunity to COVID-19 who are subject to irrational vaccine mandates,” Jenin Younes, a lawyer who works for the New Civil Liberties Alliance, who represents Norris, told the paper. “While we are disappointed by today’s order, we are committed to fighting for the rights of COVID-recovered Americans to decline a medically unnecessary vaccine without having to sacrifice their livelihoods.” It comes just days after a federal judge in California ruled against a professor who argued that his previous infection should make him exempt from the University of California’s vaccine requirement.

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“..people who prefer an exposure risk to the virus in order to gain robust immunity deserve the freedom to make that choice.”

Natural Immunity and Covid-19: Twenty-Nine Scientific Studies (BI)

From the beginning of the March 2020 lockdowns for the SARS-CoV-2 virus, the subject of natural immunity (also called post-infection immunity) has been neglected. Once the vaccination became widely available, what began with near silence at the beginning turned nearly into a complete blackout of the topic. Even now, there is an absence of open discussion, presumably in the interests of promoting universal vaccination and required documentation of such vaccination as a condition of participating in public life and even the jobs marketplace. Still, the science exists. Many studies exist. Their authors deserve credit, recognition, and to have their voices heard.

These studies demonstrate what was and is already known: natural immunity for a SARS-type virus is robust, long-lasting, and broadly effective even in the case of mutations, generally more so than vaccines. In fact, a major contribution of 20th-century science has been to expand upon and further elucidate this principle that has been known since the ancient world. Every expert presumably knew this long before the current debates. The effort to pretend otherwise is a scientific scandal of the highest order, especially because the continued neglect of the topic is affecting the rights and freedoms of billions of people.

People who have contracted the virus and recovered deserve recognition. For that matter, people who prefer an exposure risk to the virus in order to gain robust immunity deserve the freedom to make that choice. The realization that natural immunity – which pertains now to perhaps half of the US population and billions around the world – is effective in providing protection should have a dramatic effect on vaccine mandates. Individuals whose livelihoods and liberties are being deprecated and deleted need access to the scientific literature as it pertains to this virus. They should send a link to this page far and wide. The scientists have not been silent; they just haven’t received the public attention they deserve.

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“You’re changing our culture completely to try to act like they wanted us to act the last year, and we’re not going to do it.”

Amish: No Hospitalization, Isolation Or Vaccines = Herd Immunity (Attkisson)

The Amish are a Christian group that emphasizes the virtuous over the superficial. They don’t usually drive, use electricity, or have TVs. And during the Covid-19 outbreak, they became subjects in a massive social and medical experiment. Sharyl: So, it’s safe to say there was a whole different approach here in this community when coronavirus broke out than many other places? Calvin Lapp: Absolutely. Calvin Lapp is Amish Mennonite. Lapp: There’s three things the Amish don’t like. And that’s government— they won’t get involved in the government, they don’t like the public education system— they won’t send their children to education, and they also don’t like the health system. They rip us off.

Those are three things that we feel like we’re fighting against all the time. Well, those three things are all part of what Covid is. After a short shutdown last year, the Amish chose a unique path that led to Covid-19 tearing through at warp speed. It began with an important religious holiday in May. Lapp: When they take communion, they dump their wine into a cup and they take turns to drink out of that cup. So, you go the whole way down the line, and everybody drinks out of that cup, if one person has coronavirus, the rest of church is going to get coronavirus. The first time they went back to church, everybody got coronavirus. Lapp says they weren’t denying coronavirus, they were facing it head on.

Lapp: It’s a worse thing to quit working than dying. Working is more important than dying. But to shut down and say that we can’t go to church, we can’t get together with family, we can’t see our old people in the hospital, we got to quit working? It’s going completely against everything that we believe. You’re changing our culture completely to try to act like they wanted us to act the last year, and we’re not going to do it.

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Recognize this?

“..you can be quarantined at any time and put in a quarantine site. And the quarantine sites can also be a place of political persecution,” Lin said.”

China Prepares for Possible Large-Scale COVID-19 Outbreak (ET)

The Chinese regime has notified local authorities to prepare for a large-scale outbreak of COVID-19, according to leaked internal documents obtained by the Chinese Epoch Times. One document, titled “Notice of Further Strengthening of Epidemic Prevention” was issued by the Chinese regime’s State Council, and forwarded by Fujian provincial government to local authorities on Sept. 30. The other is a “National Day Epidemic Prevention Notice” issued by the State Council on Oct. 1 and distributed by the Fujian provincial officials to local authorities. The documents are both marked “extra urgent.” Both notices request enhanced preparations for an emergency response to the outbreak, with the Chinese Communist Party (CCP) putting forward at least two standards for local authorities.

One is to build central isolation sites, with local authorities required by the end of October to set up isolation centers and rooms of not less than 20 rooms per 10,000 people. The scale of each isolation site must be more than 100 rooms. According to public data, the population of Fujian Province in 2020 was 41.54 million. As of Sept. 19, the province has set up 35,691 quarantine rooms in 296 central sites. Based on the standard in the epidemic prevention notice, Fujian Province will need to build at least 83,000 quarantine rooms by the end of October, which is around 47,000 rooms in less than a month. According to one expert, the requirements for the COVID-19 quarantine sites reveal the real situation of the pandemic in China. Dr. Sean Lin, a former virology researcher at the U.S. Army Research Institute, told The Epoch Times: “This reflects the CCP’s concern about the rise of the epidemic. It must have been concealing the true epidemic in mainland China, otherwise it would not suddenly issue a national notice of emergency preparedness.”

“Notice of Further Strengthening of Epidemic Prevention” requires the establishment of a five-layered control system. It states: “Township and street CCP cadres, community grid staff, grassroots medical workers, police, and volunteers shall jointly implement community epidemic prevention,” such as “strictly implement[ing] community prevention and control,” or locking down residential communities. Lin said that the control system is actually to tighten social management in local areas, and “the CCP’s purpose is to tighten control.” “If there is no nucleic acid test, all the CCP’s epidemic prevention measures are the same as political campaigns. For example, you can be quarantined at any time and put in a quarantine site. And the quarantine sites can also be a place of political persecution,” Lin said.

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New Zealand is walking backwards.

New Zealand Makes Covid-19 Vaccinations Mandatory For Health Workers (R.)

New Zealand will require teachers and workers in the health and disability sectors to be fully vaccinated against COVID-19, Prime Minister Jacinda Ardern said on Monday, as she extended restrictions in Auckland, its largest city, for another week. New Zealand is fighting the highly infectious Delta outbreak that forced it to abandon its long-standing strategy of eliminating the new coronavirus amid persistent infections and is looking to live with the virus through higher vaccinations. “New Zealand is at one of the trickiest and most challenging moments in the COVID-19 pandemic so far,” Ardern told reporters in Wellington. Ardern, however, said “there is a clear path forward” in the next few months to live with fewer curbs and more freedoms once the country reaches a higher level of vaccinations.


About 2.38 million New Zealanders have so far been fully vaccinated, or about 57% of the eligible population, with officials promising to end lockdowns once 90% of the eligible population is vaccinated. Health and disability sector workers will have to be fully vaccinated by Dec. 1, while school and early learning staff must get their two doses by Jan. 1, COVID-19 Response Minister Chris Hipkins said. The decision of mandatory vaccinations comes as New Zealand reported 35 new cases, all of them in Auckland, down from 60 on Sunday, taking the total cases in the current outbreak to 1,622. Having largely controlled the virus last year, New Zealand has recorded just over 4,600 cases and 28 deaths.

Psychologist

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Nothing the UK Health Security Agency chief executive says makes any sense to me.

Do people really believe there was no flu last year?

Getting Flu With Covid Doubles Risk Of Death, Says UK Health Chief (G.)

People who catch flu and Covid at the same time this winter are twice as likely to die than those who only have coronavirus, according to the UK Health Security Agency chief executive, Dr Jenny Harries. The former deputy chief medical officer for England warned that the UK faces an “uncertain” winter – with both flu and Covid-19 circulating for the first time – and urged people to take up both the coronavirus and flu jabs if eligible. Asked how worried the public should be about flu this winter, she told Sky’s Trevor Phillips On Sunday: “We should be worried about flu each winter. I think people still don’t realise it can be a fatal disease.

“But I think the important thing about this winter is, we are likely to see flu, for the first time in any real numbers, co-circulating with Covid. So the risks of catching both together still remain. And if you do that, then early evidence suggests that you are twice as likely to die from having two together than just having Covid alone. “So I think it’s an uncertain winter ahead – that’s not a prediction, it’s an uncertain feature – but we do know that flu cases have been lower in the previous year so immunity and the strain types are a little more uncertain,” she said. Harries also warned that the UK could have a multi-strain flu this year, with lowered immunity, as last year’s Covid restrictions meant that levels of the virus were extremely low.

She said that on average, about 11,000 people will die from flu each year. “The difference here is because we have, if you like, skipped a year almost with flu, it’s possible we might see multi-strain flu – we usually get one strain predominating,” she added. Harries said there are four strains of virus in this year’s flu vaccine, after taking advice from the World Health Organization (WHO), the Joint Committee on Vaccination and Immunisation (JCVI) and looking to countries in the southern hemisphere, where winter and therefore flu season arrives earlier.

“So we’ve got a pretty good array in our toolbox to try and hit whichever one becomes dominant but it could be more than one this year, and people’s immunity will be lower. So I think the real trick here is to get vaccinated in both Covid and flu, but obviously to continue to do those good hygiene behaviours that we’ve been practising all through Covid”, Harries added. Harries also said that making children wear masks in school would not be at the top of her list of Covid-safe measures.

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A can of spam for Christmas

Shelves Stripped Bare As Brits Rush To Panic-buy Ahead Of Christmas (RT)

The supply crisis in Britain has worsened as deep concerns over supply-chain woes, soaring energy bills, and staff shortages prompted millions of locals to stockpile festive essentials ahead of Christmas, leaving shelves empty. About eight million Britons were unable to purchase essential food for two weeks between September 22 and October 3, while one in six said they were struggling to find non-essential items, according to data tracked by the Office of National Statistics (ONS). Two-thirds of British shoppers polled by retail magazine The Grocer were worried or very worried at the prospect of food and drink shortages over Christmas.Hundreds of thousands of British consumers have reportedly booked their delivery slots for Christmas.


Nearly 22,000 slots had been reserved by lunchtime on the first day after supermarket chain Waitrose made dates available last week. Britain has been struggling with a series of severe crises due to supply shortages attributed to several factors, including the Covid-19 pandemic, soaring gas prices, and breaching of trade and labour relations with the European Union. Last week, London called in the army to help the authorities ease the fuel crisis by providing troops and transport to make deliveries to petrol stations after many of the outlets ran dry due to panic buying. Earlier, the UK government issued more than 10,000 three-month visas for drivers of fuel tankers and food lorries, as well as poultry workers. The step was taken to tackle a severe labour crisis that has had an enormous negative impact on food retailers, fast-food chains, and distributors of fuels.

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Ode to Joy
https://twitter.com/i/status/1447120940744253441

 

 

 

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Oct 102014
 
 October 10, 2014  Posted by at 12:17 pm Finance Tagged with: , , , , , , ,  Comments Off on Debt Rattle October 10 2014


NPC Berberich shoe store window, Seventh Street, Washington, DC June 1920

Buckle-Up: Global Stocks In For Long Roller Coaster Ride (CNBC)
Fed Aim Off Target as Inflation Descends Near Danger Zone (Bloomberg)
Why The Strong Dollar May Sink Junk Bonds (CNBC)
Iran Matches Saudi Oil Discounts in Bear Market for Crude (Bloomberg)
OPEC: Milder Winter To Pressure Oil Price Further (CNBC)
US Shale Drillers Hugely Overestimate Reserves Before Investors (Bloomberg)
US Firms Could Make Billions From UK Via Secret TTIP Tribunals (Independent)
Draghi Clashes With Germany’s Schaeuble Over Steps for Europe (Bloomberg)
Is China’s Bubble the Next Financial Crisis? (Bloomberg)
Health Of Global Economy Is Worrying: Stiglitz (CNBC)
Bad Loans At Italy Banks Up 20% In August To Record High (Reuters)
Barcelona Stirs as Spain Warns of Separatist Tinderbox (Bloomberg)
UKIP: From ‘Clowns’ To Contenders (CNBC)
Dark Money Groups Set Record in 2014 US Midterm Elections (Bloomberg)
MH-17 Report False Flag Exposed (Zero Hedge)
The Amish Farmers Reinventing Organic Agriculture (Atlantic)
The Ominous Math Of The Ebola Epidemic (WaPo)
Ebola Is ‘Entrenched And Accelerating’ In West Africa (BBC)

“Overnight the mindlessly bullish JBTD (Just Buy the Dip) crowd felt the cold steel of Edward Scissorhands.”

Buckle-Up: Global Stocks In For Long Roller Coaster Ride (CNBC)

Whipsawing global markets scream fears about global growth conditions and unless data from the world’s major economies improve, a deeper correction is on the cards, say strategists. Asian markets tumbled on Friday, extending the sharp selloff in U.S. and European equities overnight as intensifying concerns over the health of the euro zone economy hit risk appetite. Australia’s benchmark S&P/ASX 200 index led losses, falling 1.8% in the morning session, while Japan’s Nikkei 225 and South Korea’s KOSPI were both off 1.2%. “There are a lot of questions at the moment and not a lot of answers in regards to Europe’s economy, the stability of China’s housing market and the timing of the Fed’s first rate hike,” Chris Weston, chief market strategist at IG told CNBC.

“The hallmarks are in place for a stock market correction – Brent crude prices are falling, long-end U.S. bonds are telling the story that markets are starting to look at low growth and low inflation for a long period of time,” he said. In order to arrest the volatile downtrend in stocks, there needs to be a good run of economic data out the world’s leading economies, Weston said. Nicholas Ferres, investment director, global asset allocation, Eastspring Investments say the bearish price action suggests a market correction is already underway. “Overnight the mindlessly bullish JBTD (Just Buy the Dip) crowd felt the cold steel of Edward Scissorhands. Failure of the market to extend the rebound from the prior day probably suggests that a deeper correction is likely underway,” he said. “From my perch, this reflects a genuine growth scare, evident in the macro news flow from Europe, China and Japan, rather than a direct fear of U.S. policy normalization,” he said.

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People are not spending. They’re broke. How can you raise inflation in those conditions?

Fed Aim Off Target as Inflation Descends Near Danger Zone (Bloomberg)

Federal Reserve officials are hunting for new tactics to raise price increases to their target as slowing global growth, cheaper commodities and flat wages sound warnings that inflation is descending toward the danger zone. The Fed needs a clear strategy for getting the inflation rate higher after falling short of its 2% target for 28 consecutive months. Now, as longer-run inflation expectations erode in financial markets, the Federal Open Market Committee is shifting its focus toward prices after putting its main emphasis on jobs for months. Several officials worried that “inflation might persist below” the committee’s target for “quite some time,” minutes from the Sept. 16-17 meeting said. Too-low inflation “is getting to be a real issue again,” said former Fed Governor Laurence Meyer. With inflation at 1.5% according to the Fed’s preferred index, Meyer said FOMC policy makers aren’t likely to raise interest rates, even if the economy approaches full employment, defined as a jobless rate of 5.2% to 5.5%.

Unemployment was 5.9% last month. “The timing of the first rate hike is all about inflation,” said Meyer, now a senior managing director at Macroeconomic Advisers LLC in Washington. Policy makers including regional Fed Presidents William Dudley of New York, Charles Evans of Chicago and Narayana Kocherlakota of Minneapolis have in recent days all mentioned below-target inflation as a risk that weighs against raising interest rates too soon. An inflation rate approaching zero is bad for the economy because of its impact on behavior by businesses and consumers. Companies’ inability to raise prices hurts profits, and they rarely compensate by cutting wages, so they fire workers instead. Consumers anticipating falling prices may postpone discretionary purchases. This can combine to create a vicious circle of less spending and further downward pressure on prices.

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Not just junk bonds.

Why The Strong Dollar May Sink Junk Bonds (CNBC)

A simmering mix of a strong U.S. dollar and weak commodity prices may be brewing up trouble for junk bond exchange-traded funds (ETFs) with a hefty weighting in materials companies. “If the U.S. dollar stays strong, that will exacerbate the impact of the weaker commodity prices” on miners’ cash flow and the ability to meet debt payments, said May Zhong, a credit analyst at Standard & Poor’s. Coal companies, especially U.S.-based ones competing in the export market, are a particular concern, she said. Faced with oversupply, thermal coal prices have fallen to near five-year lows, while the U.S. dollar index has risen as much as 8.3% so far this year. But Australian miners may also take a hit, she said. “The Australian dollar hasn’t fallen to the same extent as major commodity prices. It’s still relatively strong compared to the U.S. dollar,” she said.

“You do need a weak local currency to help those [B-rated] miners or shield them from weaker commodity prices,” Zhong said. That may have a knock-on effect on the high-yield bond ETFs, which in turn may weigh the entire junk-bond segment. Around 14.7% of the holdings of the iShares iBoxx high-yield ETF, which tracks the Markit iBoxx index, are in the oil and gas industries, while another 6.5% are in basic materials. The ETF has around $13.3 billion in net assets. While that’s a drop in the bucket compared with a total bond market estimated at around $38 trillion, some analysts consider bond ETFs a market risk as they are more susceptible to hot money flows, potentially affecting the trading liquidity of underlying bonds. Around 37% of U.S. corporate credit is held by households and funds, according to RBS data from August.

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Everything must go.

Iran Matches Saudi Oil Discounts in Bear Market for Crude (Bloomberg)

Iran will sell its oil to Asia in November at the biggest discount in almost six years, matching cuts by Saudi Arabia as global crude benchmarks slide deeper into a bear market. State-run National Iranian Oil Co. cut official selling prices of its crude to buyers in Asia for November, two people with knowledge of the pricing decision said yesterday. The decrease came a week after Saudi Arabia, the world’s largest oil exporter, reduced the price of Arab Light crude for Asia to the lowest since December 2008. Brent crude, the international benchmark, fell to the lowest in almost four years today. “The timing of Iran’s price cuts makes the price war more and more probable,” Eugen Weinberg, head of commodities research at Commerzbank AG in Frankfurt, said by phone yesterday. “Iran is fully aware of the direction of and the mood in the market. Given that we’ve seen consecutive cuts, this would seem to be some kind of action and reaction.”

Middle Eastern oil producers are facing greater competition in Asia, their largest market. Cargoes from the U.S., Russia and Latin America are finding buyers there amid a surplus on international markets. The pace of demand growth is lower in the region as the economy slows in China, the world’s second-largest oil consumer. Futures for Brent and West Texas Intermediate, the U.S. benchmark, have both fallen more than 20% from their June peaks, meeting the common definition of a bear market. Front-month Brent traded as low as $88.11 a barrel today on the ICE Futures Europe exchange in London, the lowest since December 1, 2010. WTI dropped as low as $83.33 a barrel on the New York Mercantile Exchange, the lowest since July 3, 2012.

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WTI is looking at $80 today. $84 now.

OPEC: Milder Winter To Pressure Oil Price Further (CNBC)

The oil price could face further downward pressure as a warmer winter is expected to hit demand further, the supplier of about 40% of the world’s oil warned. Official forecasts expect heating degree days in the U.S. to be 12% lower than last winter, implying lower demand, the Organization of Petroleum Exporting Countries (OPEC) said in its monthly oil market report as Brent traded close to a four-year low. At the same time, OPEC said the weather has been less of a factor determining U.S. fuel consumption, as heating oil now contributes below 20% of the demand for “middle distillates” or medium weight refined oil products in the country.

Brent crude fell below $90 on Friday, as supply rises and markets digested more grim economic news, with analysts now slashing their oil price forecasts. The free fall in the oil price has increased pressure on OPEC members to take action to cut supply, which analysts said is unlikely before its meeting at the end of November. But Saudi Arabia has shown reluctance to cut production at the risk of losing market share to other countries.

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This is just too crazy. This is what business in America has come to.

US Shale Drillers Hugely Overestimate Reserves Before Investors (Bloomberg)

Lee Tillman, chief executive officer of Marathon Oil Corp., told investors last month that the company was potentially sitting on the equivalent of 4.3 billion barrels in its U.S. shale acreage. That number was 5.5 times higher than the proved reserves Marathon reported to federal regulators. Such discrepancies are rife in the U.S. shale industry. Drillers use bigger forecasts to sell the hydraulic fracturing boom to investors and to persuade lawmakers to lift the 39-year-old ban on crude exports. Sixty-two of 73 U.S. shale drillers reported one estimate in mandatory filings with the Securities and Exchange Commission while citing higher potential figures to the public, according to data compiled by Bloomberg. Pioneer’s estimate was 13 times higher. Goodrich’s was 19 times. For Rice Energy, it was almost 27-fold. “They’re running a great risk of litigation when they don’t end up producing anything like that,” said John Lee, a University of Houston petroleum engineering professor who helped write the SEC rules and has taught reserves evaluation to a generation of engineers.

“If I were an ambulance-chasing lawyer, I’d get into this.” Experienced investors know the difference between the two numbers, Scott Sheffield, chairman and CEO of Irving, Texas-based Pioneer, said in an interview. “Shareholders understand,” Sheffield said. “We’re owned 95% by institutions. Now the American public is going into the mutual funds, so they’re trusting what those institutions are doing in their homework.” Investors poured $16.3 billion in the first seven months of the year into mutual funds and exchange-traded funds focused on energy companies, including drillers that create fractures in rocks by injecting fluid into cracks to enable more oil and gas to flow out of the formation. That’s almost twice as much as in the same period last year, bringing total assets to $128.2 billion, according to New York-based Strategic Insight.

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The TTIP is a malignant tumor growing secretly underneath our skins.

US Firms Could Make Billions From UK Via Secret TTIP Tribunals (Independent)

Britain faces a real risk of being ordered to pay vast sums to US multinationals under the controversial TTIP trade deal being negotiated between Washington and the EU, an analysis of similar agreements has revealed. The Government has repeatedly played down concerns that secret tribunals established by TTIP will lead to large numbers of American corporations suing the UK in trade disputes. But United Nations figures uncovered by The Independent show that US companies have made billions of dollars by suing other governments nearly 130 times in the past 15 years under similar free-trade agreements. In one case alone the US oil company Occidental Petroleum successfully sued the government of Ecuador for $1.8bn. A separate case claiming $6bn has also be filed. The tribunals are used to rule on disputes between nation states and aggrieved companies.

Details of these cases are often kept secret, but notorious precedents include the tobacco giant Philip Morris suing Australia and Uruguay for restricting advertising and putting health warnings on packets. TTIP has provoked storms of protest from European campaign groups and largely left-leaning politicians. On Saturday, protesters will stage a “day of action” against the proposed deal in hundreds of cities across the UK and Europe. Critics say the tribunals, held under the so-called Investor-State Dispute Settlement (ISDS) system, subvert democratic justice, giving power over foreign citizens to big companies. Hearings are held in private, in international courts at the World Bank in Washington DC, bypassing the legal system of the country being sued, meaning details are often impossible to uncover. In some cases the very existence of the case is not made public.

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Draghi, Larry Summers, everyone has a go at Germany. Which is really bad timing gicen recent economic data coming from Berlin.

Draghi Clashes With Germany’s Schaeuble Over Steps for Europe (Bloomberg)

European Central Bank President Mario Draghi and German Finance Minister Wolfgang Schaeuble differed over what further steps to take if the euro-area economy keeps weakening as the region came under renewed foreign pressure to revive growth. As the International Monetary Fund’s annual meeting in Washington began, Draghi pledged anew to loosen monetary policy more if needed and called on those governments with the room to ease fiscal policy to do so. By contrast, Schaeuble warned against U.S.-style quantitative easing and urged continued budgetary discipline. The differences demonstrate the lack of a common front in euro-area policy making as its economy continues to deteriorate and the IMF estimates there is as much as a 40% risk of a third recession since 2008. Finance ministers and central bankers from the Group of 20 economies meet today, and Europe’s economic performance will be among the issues discussed, officials said.

“There is a concern about a deflationary spiral, we aren’t predicting it, but we want to preclude it,” Canadian Finance Minister Joe Oliver told reporters. “No one is saying it’s a piece of cake, far from it.” The euro-area has re-emerged as the main concern of officials worldwide after its economy stalled in the second quarter and inflation slowed to the weakest in almost five years. The IMF this week cut its euro-area growth forecasts to 0.8% for 2014 and 1.3% next year and said the ECB should consider buying government debt. “More, we hope, will be done,” IMF Managing Director Christine Lagarde told reporters. Speaking in Washington yesterday, Draghi reiterated his call on governments to overhaul their economies now and repeated the ECB is “ready to alter the size and/or the composition of our unconventional interventions, and therefore of our balance sheet, as required.”

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China is a danger first and foremost to itself, internal strife will rule the day. Its impact on the world will come after.

Is China’s Bubble the Next Financial Crisis? (Bloomberg)

Will China be the source of the next global financial disaster? The evidence increasingly offers reason for concern, though the nature of any calamity could be very different from what the world endured in 2008. At a time when consumers and governments in the U.S. and Europe have been trying – with limited success – to pare down or at least stabilize their debt burdens, China has been doing the opposite. Over the past five years, it has pumped more than $13 trillion of credit into its economy, in an effort to keep its growth rate up amid a weak global recovery. The Chinese credit boom has rapidly turned the country into one of the developing world’s most indebted, according to a new report from London’s Centre for Economic Policy Research. As of 2013, total private and government debt, excluding that of financial institutions, stood at 217% of gross domestic product, up from only 147% in 2008.

That’s more than in any major developing nation other than Hungary, though still significantly less than in advanced nations such as the U.S. or Japan. Such credit-fueled growth can’t be sustained for long without causing major distortions and setting the country up for a fall. The stimulus is already running into diminishing returns. Over the five years through 2013, government and private debt grew by about 3 yuan for each added yuan of economic activity, a level of credit intensity that the U.S. exceeded only in the years leading up to the 2008 crisis. As in the U.S., much of the money is going to borrowers with questionable ability to pay, fueling overbuilding and excess capacity.

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Nobel=clueless.

Health Of Global Economy Is Worrying: Stiglitz (CNBC)

The euro zone is “very much” at risk of a recession and U.S. continues to struggle with a mediocre recovery, said Nobel Prize-winning economist Joseph Stiglitz, sounding the alarm on the deteriorating global economy. If Europe were to enter a recession it would likely be “relatively minor,” but persistent stagnation puts the single-currency bloc “on target for a lost decade,” he said. “To me, the problem is not whether [euro zone countries] are growing a little positive or negative, the real point is they are not back to where they should be,” Stiglitz, a professor of economics at Columbia University, told CNBC on Friday. Austerity is the wrong prescription for repairing the euro zone economy and underlies economic stagnation, he said.

“European leaders have consistently overestimated where the economy was going. Unfortunately, the leaders of Europe, in particular Germany, don’t seem to recognize that austerity is one of the reasons Europe is doing so poorly,” Stiglitz said. There is a lot of slack in the U.S. economy, Stiglitz said. “The U.S. has been moving along in this very mediocre way. What’s remarkable is how low the growth is in spite of the fact that… we have some very strong positives,” he said, referring to the country’s huge discoveries of natural gas and thriving high-tech sector. Furthermore, a stronger U.S. dollar may prove to be a bane for the economy, putting the country’s exporters at a competitive disadvantage, he said. Asked whether the world’s largest economy will be strong enough to justify an interest rate hike by mid-2015, he said “almost surely no.”

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Get out of the EU, amici.

Bad Loans At Italy Banks Up 20% In August To Record High (Reuters)

The Bank of Italy said on Thursday bad loans in the country rose 20% year-on-year in August reaching a new record high as the third-largest economy in the euro zone struggles to recover from recession. The loans that are least likely to be repaid were worth €173.9 billion ($222 billion) in August, the highest level since the start of the current statistical series in 1998, central bank data showed. In July, non-performing loans rose 20.5% to €172.4 billion. At the same time, lending to companies and families continued to contract, with loans to households down 0.8% in August after falling 0.7% a month earlier. Credit to non-financial companies fell 3.8% after a contraction of 3.9% in July.

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There’d better be no blood flowing in Catalunya, or the world’s Hemingways may once again descend on Spain.

Barcelona Stirs as Spain Warns of Separatist Tinderbox (Bloomberg)

Tensions are rising in Barcelona. As Catalan President Artur Mas goads the Spanish courts, threatening to defy their suspension of a Nov. 9 vote on independence, Prime Minister Mariano Rajoy is preparing measures to ensure he can retain control of the police in Catalonia. Politicians and civic leaders in the region who want to remain part of Spain say they have been threatened by separatists. “There’s been a cat let out of the bag,” said James Amelang, a professor of Spanish history at the Autonomous University of Madrid. “I really think the politicians might have lost their capacity to put it back.” Mas’s independence drive has been propelled by a surge of support on the streets, with hundreds of thousands attending peaceful rallies in Barcelona last month. As the date of the proposed vote approaches, officials in Madrid are preparing for when the force of Catalan separatism crashes into the immovable object of the Spanish constitution.

Spanish Foreign Minister Jose Manuel Garcia-Margallo warned last week that events in Catalonia could be moving too fast for the regional leader to control. Mas “may see the political process shift away from the institutions, and particularly the regional government, and move onto the streets, which is extremely dangerous,’ Garcia-Margallo told state radio broadcaster RTVE. ‘‘When institutions lose control, we head down an unknown path.’’ Spain’s national police force put more officers on the streets of the Catalan capital this month to beef up security at government buildings, a government press officer said on Oct. 1. Europa Press reported reinforcements total about 300 policemen. The central government has also drafted a law that would give officers from the regional police, the Mossos d’Esquadra controlled by Mas’s government, the chance to transfer to the national police force commanded by Madrid.

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Ho much longer will Britain stay in the EU?

UKIP: From ‘Clowns’ To Contenders (CNBC)

Just last year, Conservative Party grandee Kenneth Clarke described them as a “collection of clowns” – yet now they represent the greatest electoral challenge to the three main U.K. political parties for decades. The U.K. Independence Party (UKIP) – the closest the U.K. has to the U.S. tea party – has emerged from the fringes to the limelight, winning its first seat in the U.K. parliament in a by-election on Thursday. UKIP candidate Douglas Carswell won a by-election in Clacton, south east England by a majority of 12,404 to become the party’s first member of parliament. The election was triggered by incumbent member of Parliament (MP) Douglas Carswell’s defection from the Conservative Party to UKIP. The party briefly had one MP in 2008, when then-Conservative MP Bob Spink defected. Clacton – with its working class, elderly, white and economically left-behind population – was already identified as one of the constituencies most likely to vote UKIP in May’s general election by Matthew Goodwin and Rob Ford, authors of “Revolt on the Right” and experts on the party.

A by-election further north may actually be more concerning for the main political parties. In Heywood and Middleton, a safe Labour seat to date, the death of the local MP has triggered a vote. Labour candidate Liz McInnes won the vote by a margin of 617 — a far cry from a 5,971 majority at the 2010 general election. The results suggest that UKIP has made significant inroads there and gone beyond attracting only right-wing Conservatives, but also left-wing voters, who feel threatened by cheap labor from immigrants. “UKIP supporters are very pessimistic on the economy,” John Curtice, professor of politics at the University of Strathclyde, told CNBC. “The improvement in the economy hasn’t trickled down to the older working-class, and that’s UKIP’s constituency.”

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The new way to spell democracy.

Dark Money Groups Set Record in 2014 US Midterm Elections (Bloomberg)

The Internal Revenue Service calls them “social welfare” groups – they don’t disclose their donors and so far this cycle they’ve spent $100 million trying to influence elections. Never before have these types of organizations spent so much, so soon in Congressional races, according to a new analysis by the Center for Responsive Politics. If the past is precedent, that means roughly $200 million in dark money will go toward influencing the 2014 elections, CRP estimates. The trend means it’s harder than ever to know who the big spenders are or which interest is taking which side in an election. The social welfare groups, organized under section 501(c)(4) of the tax code, raise and spend unlimited amounts of money. Their cousins, super PACs, also raise and spend unlimited cash, but must disclose contributors. Some of the election cycle’s mega-groups toggle between using dark money groups and super-PACs depending on need and donor preference.

The David and Charles Koch-backed political network stopped using their dark money group for TV ads in the final 60 days of the cycle, and are now funding election spots with their new super PAC. Generally, the nonprofits spend in multiple races — but there are a few examples this year of 501(c)(4)s dedicated to one candidate. The highest profile is the Kentucky Opportunity Coalition, a nonprofit that started running commercials this summer to support Senate Minority Leader Mitch McConnell. One hint as to who’s behind the group: The treasurer is listed as Caleb Crosby. He’s also the treasurer for Karl Rove’s American Crossroads – which just started running ads in Kentucky against McConnell’s Democratic opponent, Alison Lundergan Grimes. Democrats don’t tend to use dark money groups as much. They favor super PACs, and so far this year their super PACs are better funded than the Republicans’.

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It’s being reported as an unfortunate incident, but it says much more. The report by the Russian Union of Engineers has been totally silenced in the west.

MH-17 Report False Flag Exposed (Zero Hedge)

When exactly a month ago the supposedly objective, impartial Netherlands released its official, 34-page preliminary report of the MH-17 crash over Ukraine, presumably based on black box data, air traffic control records, and other “authentic, verified” information, there were precisely zero mentions of “oxygen”, “mask” or “oxygen mask.” Which is odd, because in what should become the biggest Freudian slip scandal in false-flag history, certainly since the Gulf of Tonkin, yesterday Dutch Foreign Minister Frans Timmermans accidentally revealed for the very first time ever, that one of the Australian passengers aboard the doomed airplane “appears to have donned an oxygen mask before the fatal crash, suggesting some on board might have been aware of their impending deaths, a Dutch official disclosed.”

Clearly a crucial aspect of the crash, as it points at the severity of the alleged explosion, yet one which was not noted until yesterday and which completely skipped the purvey of the official crash report for reasons unknown. Needless to say, this makes a complete mockery of the story that the plane had exploded upon impact with the “Russian” missile, and is why there was supposedly no trace of any impact on the flight’s black box recorder. Whether or not it also means that the alternative theory that a Ukraine jet had purposefully downed the Malaysian aircraft to serve as a pretext to implicate Russia, is unclear. But it also means that yet another conspiracy theory becomes fact: namely that whoever were the western powers who doctored and manipulated the “official” crash report of MH-17 to implicate Putin, not only lied but fabricated evidence.

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What happens when you don’t throw out in 1 generation the knowledge acquired in 1000.

The Amish Farmers Reinventing Organic Agriculture (Atlantic)

“In the Second World War,” Samuel Zook began, “my ancestors were conscientious objectors because we don’t believe in combat.” The Amish farmer paused a moment to inspect a mottled leaf on one of his tomato plants before continuing. “If you really stop and think about it, though, when we go out spraying our crops with pesticides, that’s really what we’re doing. It’s chemical warfare, bottom line.” Eight years ago, it was a war that Zook appeared to be losing. The crops on his 66-acre farm were riddled with funguses and pests that chemical treatments did little to reduce. The now-39-year-old talked haltingly about the despair he felt at the prospect of losing a homestead passed down through five generations of his family. Disillusioned by standard agriculture methods, Zook searched fervently for an alternative. He found what he was looking for in the writings of an 18-year-old Amish farmer from Ohio, a man named John Kempf. Kempf is the unlikely founder of Advancing Eco Agriculture, a consulting firm established in 2006 to promote science-intensive organic agriculture.

The entrepreneur’s story is almost identical to Zook’s. A series of crop failures on his own farm drove the 8th grade-educated Kempf to school himself in the sciences. For two years, he pored over research in biology, chemistry, and agronomy in pursuit of a way to save his fields. The breakthrough came from the study of plant immune systems which, in healthy plants, produce an array of compounds that are toxic to intruders. “The immune response in plants is dependent on well-balanced nutrition,” Kempf concluded, “in much the same way as our own immune system.” Modern agriculture uses fertilizer specifically to increase yields, he added, with little awareness of the nutritional needs of other organic functions. Through plant sap analysis, Kempf has been able to discover deficiencies in important trace minerals which he can then introduce into the soil. With plants able to defend themselves, pesticides can be avoided, allowing the natural predators of pests to flourish.

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Yes, the numbers keep getting worse.

The Ominous Math Of The Ebola Epidemic (WaPo)

When the experts describe the Ebola disaster, they do so with numbers. The statistics include not just the obvious ones, such as caseloads, deaths and the rate of infection, but also the ones that describe the speed of the global response. Right now, the math still favors the virus. Global health officials are looking closely at the “reproduction number,” which estimates how many people, on average, will catch the virus from each person stricken with Ebola. The epidemic will begin to decline when that number falls below one. A recent analysis estimated the number at 1.5 to 2. The number of Ebola cases in West Africa has been doubling about every three weeks. There is little evidence so far that the epidemic is losing momentum. “The speed at which things are moving on the ground, it’s hard for people to get their minds around. People don’t understand the concept of exponential growth,” said Tom Frieden, director of the U.S. Centers for Disease Control and Prevention.

“Exponential growth in the context of three weeks means: ‘If I know that X needs to be done, and I work my butt off and get it done in three weeks, it’s now half as good as it needs to be?’ Frieden warned Thursday that without immediate, concerted, bold action, the Ebola virus could become a global calamity on the scale of HIV. He spoke at a gathering of global health officials and government leaders at the World Bank headquarters in Washington. The president of Guinea was at the table, and the presidents of Liberia and Sierra Leone joined by video link. Amid much bureaucratic talk and table-thumping was an emerging theme: The virus is still outpacing the efforts to contain it. “The situation is worse than it was 12 days ago. It’s entrenched in the capitals. Seventy% of the people [who become infected] are definitely dying from this disease, and it is accelerating in almost all settings,” Bruce Aylward, assistant director general of the World Health Organization, told the group.

Aylward had come from West Africa only hours earlier. He offered three numbers: 70, 70 and 60. To bring the epidemic under control, officials should ensure that at least 70% of Ebola-victim burials are conducted safely, and that at least 70 percent of infected people are in treatment, within 60 days, he said. More numbers came from Ernest Bai Koroma, president of Sierra Leone: The country desperately needs 750 doctors, 3,000 nurses, 1,500 hygienists, counselors and nutritionists. The numbers in this crisis are notoriously squishy, however. Epidemiological data is sketchy at best. No one really knows exactly how big the epidemic is, in part because there are areas in Liberia, Sierra Leone and Guinea where disease detectives cannot venture because of safety concerns. The current assumption is that for every four known Ebola cases, about six more go unreported.

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There is very little out there that doesn’t signal a gross incompetence, lack of urgency and lack of understanding.

Ebola Is ‘Entrenched And Accelerating’ In West Africa (BBC)

The World Health Organization (WHO) has warned that Ebola is now entrenched in the capital cities of all three worst-affected countries and is accelerating in almost all settings. WHO deputy head Bruce Aylward warned that the world’s response was not keeping up with the disease in Guinea, Liberia and Sierra Leone. The three countries have appealed for more aid to help fight the disease. The outbreak has killed more than 3,860 people, mainly in West Africa. More than 200 health workers are among the victims. Speaking on Thursday, Mr Aylward said the situation was worse than it was 12 days ago. “The disease is entrenched in the capitals, 70% of the people affected are definitely dying from this disease, and it is accelerating in almost all of the settings,” he said. Meanwhile in Spain, seven more people are being monitored in hospital for Ebola. They include two hairdressers who came into contact with Teresa Romero, a Madrid nurse looked after an Ebola patient who had been repatriated from West Africa. She is now very ill and reported to be at serious risk of dying.

Elsewhere: The UK is investigating reports a Briton suspected of having the disease has died in Macedonia, though Macedonia’s health ministry says there are “high chances” this is not a case of the disease Britain is to begin enhanced screening for Ebola in people travelling from affected countries, the government announces. The US is introducing new security measures to screen passengers arriving from Ebola-affected countries in West Africa at five major US airports. In Texas, a county sheriff deputy was quarantined after visiting the home of the first person diagnosed with Ebola on US soil, who later died from the virus. The medical charity Medecins Sans Frontieres reported a sharp increase of Ebola cases in the Guinean capital, Conakry, dashing hopes that the disease was being stabilised there.

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