Jun 082020
 


Harris&Ewing Protest: “Congressional Union for Woman Suffrage” 1916

 

New Zealand Has Eradicated Virus (AP)
800-Day Plan: Air New Zealand Warns Of More Job Cuts, Less Flights (R.)
China Stats Accurate, Lockdown Makes Little Difference – Nobel Winner (RT)
Coronavirus in Texas: Cases, Deaths and Tests (TT)
Guatemala President To Work Remotely After 18 Staff Get Coronavirus (R.)
US Bankruptcies Soar 48% In May (ZH)
Major Corporations Scramble To Support Black Lives Matter (JTN)
Minneapolis City Council Votes To Disband Police Force (AP)
Buffalo Police ERT Members Say Resignation Was Not In Solidarity (WKBW)
NYPD, City Hall Deny Police Brass Shake-Up (Pix11)
33 Russia Collusion Probe Witnesses The Senate Could Subpoena (Solomon)
Hillary: How Can Anybody With Beating Heart, Working Mind Support Trump? (Ind.)
Rep. Jordan: Not Surprising McCabe, Rosenstein Disagree
Out With the Old Blood (Mitteldorf)

 

 

Worldometer has global new cases for June 7 (midnight to midnight GMT+0) at + 113,090.

My count from about 6 am EDT to 6 am EDT is about + 108,198 cases. But it was Sunday yesterday, and Brazil ceased providing stats. Let’s see tomorrow.

 

 

 

 

New cases past 24 hours in:

• US + 18,905
• Brazil + 18,375 (first day gov’t stats are unavailable)
• Russia + 8,985
• India + 11,412
• Pakistan + 4,728
• Chile + 6,405

 

 

Cases 7,113,012 (+ 108,198 from yesterday’s 7,004,814)

Deaths 406,549 (+ 3,884 from yesterday’s 402,665)

 

 

 

From Worldometer yesterday evening -before their day’s close-:

 

 

From Worldometer:

 

 

From COVID19Info.live: Note: COVID19Info global cases and deaths are now higher than Worldometer’s.

 

 

 

 

 

 

 

Of course congrats are in order. But also for New Zealand things are far from solved, it’s an isolated place now.

New Zealand Has Eradicated Virus (AP)

Prime Minister Jacinda Ardern said Monday she was confident New Zealand has halted the spread of the coronavirus after the last known infected person in the country recovered. It has been 17 days since the last new case was reported, while 40,000 have been tested in that time. And Monday also marked the first time since late February that there have been no active cases. Ardern also announced the Cabinet had agreed to another phase of the country’s reopening, to take place at midnight. “We are confident we have eliminated transmission of the virus in New Zealand for now, but elimination is not a point in time, it is a sustained effort,” she said at a news conference.


“We almost certainly will see cases here again, and I do want to say again, we will almost certainly see cases here again, and that is not a sign that we have failed, it is a reality of this virus. But if and when that occurs we have to make sure and we are, that we are prepared.” She said her government’s focus will be on the country’s borders, where isolation and quarantine will continue. Experts say a number of factors have helped the nation of 5 million wipe out the disease. Its isolated location in the South Pacific gave it vital time to see how outbreaks spread in other countries, and Ardern acted decisively by imposing a strict lockdown early in the outbreak. Just over 1,500 people contracted the virus in New Zealand, including 22 who died.

https://twitter.com/farmgeek/status/1269804429693169664

And congrats for Thailand too:

https://twitter.com/RichardBarrow/status/1269853178318577664

Read more …

Quite optimistic.

800-Day Plan: Air New Zealand Warns Of More Job Cuts, Less Flights (R.)

Air New Zealand will be nimbler, fly fewer passengers and routes, and may cut more jobs as it targets a return to “healthy profits” by 2022, its chief executive said as he navigates the airline through the coronavirus crisis. Greg Foran laid out an 800-day plan to customers and staff under which the national flag carrier will look at how to further cut labour costs, including leave without pay, reduced hours or possibly laying off more people. “We must first survive, then revive and finally thrive,” Foran said in an email to staff and customers, as he forecast revenue for the next financial year to more than halve from recent levels. Shares of the airline surged 11 per cent to NZ$1.82, its highest in almost three months.


Airlines have slashed thousands of jobs and set aside cash for impairments on aircraft as the coronavirus damaged demand amid global lockdowns. Even as countries re-open, profits may be threatened by people refraining from travel and lower fares due to discounts. The International Air Transport Association (IATA) said last week that global airlines cut domestic fares by an average 23 per cent in May, and previously warned traffic would not return to pre-crisis levels until at least 2023. Foran envisions Air New Zealand will be 70 per cent of its pre-COVID-19 size by August 2022 and hinted at further layoffs as the second phase of a cost-cutting plan, to save around $NZ150 million began.

Read more …

Well, the richest ones, those that can afford to quarantine dozens of people.

Film-Makers Back To Work In New Zealand After Coronavirus (R.)

New Zealand’s capital has had an extra buzz of excitement over the past week since Hollywood director James Cameron and his crew flew in to film the much-anticipated sequel of the epic science-fiction film “Avatar”.The film is among a handful of productions kicking off in New Zealand as it begins to open up after containing the novel coronavirus, and looks to its film industry to give its battered economy a boost. New Zealand’s borders remain closed to foreigners but the government gave special permission for the 55 crew members working on the “Avatar” sequel to jet in on a chartered plane. “Certainly, the fact that we are able to start earlier than some countries is great, much as it’s distressing to see that the pandemic is still such a challenge around the world,” said Annabelle Sheehan, chief executive of the New Zealand Film Commission.

New Zealand’s mountains, meadows and forests, made famous by “The Lord of the Rings” trilogy, have drawn several major film productions over recent years. About 47 productions were underway when Prime Minister Jacinda Ardern imposed a tough lockdown on March 26 to stop the spread of the coronavirus. It was a great success and the virus has been almost eliminated in New Zealand, which could be among the first countries in the world to return to normal this week, apart from the closed border. Avatar producer Jon Landau posted a picture of himself and director Cameron after landing last week and said they would self-isolate for 14 days in line with government rules.

“Your country has become a leader in how to deal with something like this, and I think films will want to come,” Landau told Radio New Zealand in an interview, referring to the coronavirus campaign. With people around the world cooped up at home, pressure is on film-makers and other content creators to make new material and get it out. But what’s holding them back is the lack of safe places to work, industry experts say. Now New Zealand is an option. “We’ve had a few international enquiries and that’s on the back of our COVID-free status,” said Gary Watkins, chief executive of Wellington-based Avalon Studios, which was used for the filming of the 2017 Scarlett Johansson starrer “Ghost in the Shell” and will also help with the new “Avatar”.

Economic Development Minister Phil Twyford defended the decision saying the border was only open to a few foreigners who were important for projects with significant economic value. New Zealand’s film industry is worth more than NZ$3 billion a year. A six-month international film can create an estimated 3,000 jobs. “You only need a few international people coming to trigger thousands of jobs,” said Sheehan. And New Zealand needs the jobs. The government expects hundreds of thousands to be lost because of the coronavirus.

Read more …

Some people just don’t care about credibility, and neither does the Nobel committee. What utter nonsense.

China Stats Accurate, Lockdown Makes Little Difference – Nobel Winner (RT)

Challenging the widespread belief that the worldwide anti-coronavirus lockdown has helped in slowing down the disease spread, Stanford Professor Michael Levitt said that it’s actually made very little difference. Speaking to RT’s Going Underground, Nobel Prize-winning biophysicist Levitt said that there was no reason to doubt China’s official coronavirus figures, since its statistics are corresponding with the dynamics observed elsewhere. “What happened in China outside of Hubei is exactly the same dynamics of the curve as what happened in New Zealand,” Levitt stated. “If China is forging statistics, they must have a time machine. And if they have the time machine, they would’ve beaten us in any competition anyway.”

The lockdown measures that have been implemented across many countries worldwide were actually not that effective, the scientist believes. The vast majority of the disease transmissions actually occurred before the lockdowns went into force – and in many countries the people were not that eager to abide by the rules, making the restrictions even more useless. Levitt believes that the best strategy for the government would have been focusing on protecting the elderly population and let others move freely.


“This virus really does seem to be limiting. It gets to about 500 to 1,000 fatalities per million people and then it stops. And this we’ve seen at so many places. I don’t think that Northern Italy practiced wonderful social distancing, I don’t think that social distancing was practiced wonderfully in New York City,” he said. What happened is that the virus is most infectious and most dangerous before you actually know it’s there. Sweden, for instance, which has been harshly criticized for its laissez-faire approach to the pandemic, remains within the European averages – and even falls behind the worst-hit nations, such as Belgium and the UK. “Sweden has had a much milder lockdown than anybody. The predicted number for Sweden was around 60,000 [deaths]. Sweden looks like it’s going to stop at 6,000 at the most,” Levitt said.

Read more …

This one is for the Automatic Earth’s resident physician Dr. John Day in Texas.

“74,978 Texans tested positive for the coronavirus as of June 7 — 1,425 more than the day before and 10,691 more than a week ago.”

Coronavirus in Texas: Cases, Deaths and Tests (TT)

Gov. Greg Abbott is looking at two specific metrics to justify his decision to restart the Texas economy — the positive test rate and hospitalization levels. Here’s how the numbers changed in the first two weeks of May when Texas began reopening. On March 4, DSHS reported Texas’ first positive case of the coronavirus, in Fort Bend County. The patient had recently traveled abroad. A month later on April 4, there were 6,110 cases in 151 counties. As of June 7, there are 74,978 cases in 235 counties. The Tribune is measuring both the number of cases in each county and the rate of cases per 1,000 residents.

The rate of cases per 1,000 residents is especially high in the panhandle’s Moore County, where infections are tied to a meatpacking plant. The rate of cases is also high in counties with state prisons such as Walker and Jones. In other rural areas where the presence of the virus has yet to be confirmed, testing has been scarce.

On April 6, the state started reporting the number of patients with positive tests who are hospitalized. It was 1,153 that day and 1,878 on June 7. This data does not account for people who are hospitalized but have not gotten a positive test. As of mid-April, concerns that Texas hospitals would be unable to accommodate a surge of COVID-19 patients seem to have been assuaged. As he makes decisions about how quickly to restart the Texas economy, Abbott says he is watching the number of hospitalizations and the hospitalization rate — the proportion of infected Texans who require hospitalization. [..] The first death linked to the coronavirus in Texas occurred March 16 in Matagorda County. As of June 7, 1,830 people who tested positive for the virus have died.

Daily infection rateGov. Greg Abbott said he is watching the state’s infection rate — the percentage of positive cases to tests conducted. The average daily infection rate is calculated by dividing the 7-day average of positive cases by the 7-day average of tests conducted. This shows how the situation has changed over time by de-emphasizing daily swings. Public health experts want the daily infection rate to remain below 6%.

Read more …

Makes you wonder how many are on his staff.

Guatemala President To Work Remotely After 18 Staff Get Coronavirus (R.)

Guatemalan President Alejandro Giammattei said on Sunday that 18 employees at his office and on his security detail have tested positive for the novel coronavirus, so he will work remotely and the presidential offices will be disinfected. “I and the vice president will carry out our activities remotely. We’re healthy. We’ve been tested. We don’t have coronavirus,” Giammattei said in a televised address. The Central American country has registered 7,055 confirmed cases of coronavirus and 252 fatalities from the pandemic.

Read more …

“An estimated $7.4 billion in rent for April hasn’t been paid (May numbers have yet to be released), or about 45% of what’s owed..”

US Bankruptcies Soar 48% In May (ZH)

One month ago, when showing the uncanny correlation between defaults and the unemployment rates, we predicted that the number of Chapter 11 filings that is about to flood the US will be nothing short of biblical. All that was missing was a catalyst, one which according to Bloomberg arrived in late May as retail landlords started sending out thousands of default notices to tenants, who in turn experienced a collapse in foot traffic, sales and cash flow due to the COVID-19 pandemic, and were simply unable to pay their debt obligations. According to Bloomberg, restaurants, department stores, apparel merchants and specialty chains have been receiving notices from landlords – some of whom have gone as long as three months without receiving rent.

“The default letters from landlords are flying out the door,” said Andy Graiser, co-president of commercial real estate company, A&G Real Estate Partners. “It’s creating a real fear in the marketplace.” Pressure from default notices and follow-up actions like locking up stores or terminating leases was cited in the bankruptcies of Modell’s Sporting Goods and Stage Stores Inc. Many chains stopped paying rent after the pandemic shuttered most U.S. stores, gambling that they could hold on to some cash before landlords demanded payment. An estimated $7.4 billion in rent for April hasn’t been paid (May numbers have yet to be released), or about 45% of what’s owed, according to a recent analysis by CoStar Group, which also found that just a quarter of expected rent payments have been received by landlords.


“If the landlords don’t put a pause on their actions, you’re going to see more bankruptcies.” Last Thursday, these anecdotal reports were confirmed by the American Bankruptcy Institute which announced that as expected, corporate bankruptcies soared during May, pushing the number of filings to levels recorded in the wake of the 2007-09 recession. According to figures from legal-services firm Epiq Global, US bankruptcy courts recorded 722 businesses nationwide filing for chapter 11 protection last month, a yearly increase of 48% from 487 businesses in May of 2019. The surge was also seen on a month-over-month basis, which jumped by 28% from the 562 Chapter 11 filings in April.

Read more …

In the same way that they all paint themselves green.

Major Corporations Scramble To Support Black Lives Matter (JTN)

As protests and demonstrations against racism and police brutality drag on for another week across America, numerous corporations are scrambling to capitalize on the moment by donating to various Black Lives Matter organizations and allied causes, winning praise and sometimes sharp criticism for P.R. efforts that are by turns successfully deft and sometimes unfortunately clumsy. Corporations today appear to be keenly aware of the marketing benefits to striking that balance, which is likely why so many of them are hastily jumping on board with the current Black Lives Matter craze — some with success, others with more difficulty.

Uber Eats, the food delivery app of the rideshare company Uber, announced this week that black-owned businesses would have free delivery privileges on its system. Uber is suspending delivery fees for black-owned restaurants through the end of the year, the company said in a statement, and will also offer discounted rides to those who own and work at black-owned small businesses. Uber’s announcement was perfectly timed for both the political climate and the economic one: Most restaurants have been surviving on takeout alone over the last few months of coronavirus lockdowns, and owners are still depending heavily on takeaway business as reopenings progress slowly across the country.

Other companies have pledged substantial monetary donations for progressive and racially conscious causes. YouTube this week announced a $1 million donation “to address social injustice.” The company was not clear to what causes exactly it would be donating that money, the sum of which accounts for about 0.006% of the company’s yearly revenue of $15 billion. The clothing company Spanx, meanwhile — known for its undergarments that men and women wear to appear thinner — said in an Instagram post this week that it would be donating “$100,000 across national organizations focused on combating racial injustice: Black Lives Matter, NAACP Legal Defense and Education Fund and The Minnesota Freedom Fund.”

[..] It is not immediately evident what it means exactly to donate to “Black Lives Matter,” a mostly loosely organized movement of disassociated activists and protesters across the country and the world. The campaign’s nominal central authority does accept donations, though it is not evident how those funds are dispensed. The companies Ganni, Anastasia Beverly Hills, Pretty Little Thing and others all pledged to donate to Black Lives Matter, among other causes.

Read more …

I sort of see why they would do it, I can even see a few ways that might make it work, but a lot more ways that won’t. And if the council president says: “Our efforts at incremental reform have failed, period.”, shouldn’t the council perhaps disband itself also?

Minneapolis City Council Votes To Disband Police Force (AP)

A majority of the members of the Minneapolis City Council said Sunday they support disbanding the city’s police department, an aggressive stance that comes just as the state has launched a civil rights investigation after George Floyd’s death. Nine of the council’s 12 members appeared with activists at a rally in a city park Sunday afternoon and vowed to end policing as the city currently knows it. Council member Jeremiah Ellison promised that the council would “dismantle” the department. “It is clear that our system of policing is not keeping our communities safe,” Lisa Bender, the council president, said. “Our efforts at incremental reform have failed, period.” Bender went on to say she and the eight other council members that joined the rally are committed to ending the city’s relationship with the police force and “to end policing as we know it and recreate systems that actually keep us safe.”


[..] Community activists have criticized the Minneapolis department for years for what they say is a racist and brutal culture that resists change. The state of Minnesota launched a civil rights investigation of the department last week, and the first concrete changes came Friday in a stipulated agreement in which the city agreed to ban chokeholds and neck restraints. A more complete remaking of the department is likely to unfold in coming months. Disbanding an entire department has happened before. In 2012, with crime rampant in Camden, New Jersey, the city disbanded its police department and replaced it with a new force that covered Camden County.

Read more …

“57 officers did *not* resign in solidarity with the officers who pushed over a 75-year-old causing brain injury. This turns out to be a lie from the police union.”

“We quit because our union said [they] aren’t legally backing us anymore. So why would we stand on a line for the City with no legal backing if something [were to] happen?”

Buffalo Police ERT Members Say Resignation Was Not In Solidarity (WKBW)

“It went bad. It went bad.” Two officers of the Buffalo Police Department’s Emergency Response Team spoke with 7 Eyewitness News under the condition their names not be used. The officers are part of the 57-person volunteer assignment team that resigned Friday, following an incident involving two of their members Thursday night in Niagara Square. They did not resign from the police department, only from their roles on the team. The officers we spoke with said the Buffalo Police Benevolent Association’s statement asserting all 57 officers resigned from ERT in a “show of support” with the two officers that were suspended without pay is not true.

“I don’t understand why the union said it’s a thing of solidarity. I think it sends the wrong message that ‘we’re backing our own’ and that’s not the case,” said one officer with whom we spoke. “We quit because our union said [they] aren’t legally backing us anymore. So why would we stand on a line for the City with no legal backing if something [were to] happen? Has nothing to do with us supporting,” said another. A representative from the Buffalo Police Benevolent Association told 7 Eyewitness News Reporter Hannah Buehler the officers resigned in “disgust” with how the two officers were treated. “Some of them probably resigned because they support the officer,” said another officer with whom we spoke. “But, for many of us, that’s not true.”


“The City, DA Flynn, they’re not representing those guys at all. They have to find their own lawyers, they have to come out of pocket.” 7 Eyewitness News was not able to reach PBA president John Evans to confirm this information or get a response to several officers shooting down his assertions, but we did obtain an email sent to PBA members by Evans. It states, in part: “In light of this, in order to maintain the sound financial structure of the PBA it will be my opinion the PBA NOT to pay for any ERT or SWAT members legal defense related to these protests going forward. This Admin in conjunction with DA John Flynn and or JP Kennedy could put a serious dent in the PBA’s funds.”

Read more …

Things are going to change one way or another.

NYPD, City Hall Deny Police Brass Shake-Up (Pix11)

Text messages and Facebook posts went into overdrive Sunday in New York’s law enforcement community, with claims top leaders in the NYPD were either resigning or being asked to leave, with replacements ready to step in. “This is not true,” tweeted Freddi Goldstein, press secretary to Mayor Bill de Blasio. NYPD Deputy Commissioner Richard Esposito, over the phone, also said it wasn’t true. But we’re learning there are tensions behind the scenes about the specific fate of two police officers involved in confrontations with protesters in the last twelve days. Both of the cops were suspended without pay on Friday. One of them allegedly knocked down a female protester, Dounya Zayer, outside the Barclays Center in Brooklyn in the early days of the George Floyd protests.

Zayer said she suffered seizures, as a result. Another cop was seen on video pulling down the mask of a male demonstrator and spraying the man’s face with pepper spray. Multiple sources said there’s anger among the rank and file—and among some of the NYPD brass—about the Brooklyn District Attorney’s office considering criminal charges against the two officers. When PIX11 called a spokesman for the Brooklyn DA’s office Sunday evening, we were told, “We’re investigating both of these cases. It’s not true both are going to be arrested imminently. It might happen in the future.” The NYPD has dealt with a lot of turmoil in the last two weeks. “This is all about pandering to anti-cop sentiment,” said a former NYPD Deputy Commissioner.


Multiple police officers have been under siege during the protests, trying to fend off looters, brick and bottle throwers and the burning of NYPD vehicles. Officer Yayon Jean Pierre was stabbed in the neck last week while working an anti-looting post, and two other cops were shot in the hand. Several other officers have been hit by cars, one of them hurt seriously. Sergeant’s Benevolent Association President Ed Mullins, said his phone was exploding with calls about behind-the-scenes clashes between the NYPD and City Hall. “The losers in this are not going to be the cops,” Mullins said. “It’s going to be the public.” Mullins said he didn’t believe the protests were continuing because of the NYPD. “I think it’s about overthrowing the presidency,” he said.

Read more …

Again: storm warning. The “left” will try and label it all political. But if that fails, where are they?

33 Russia Collusion Probe Witnesses The Senate Could Subpoena (Solomon)

Senate Homeland Security and Governmental Affairs Chairman Ron Johnson, Wis., now has the authority to subpoena the agencies and individuals he wants to interrogate or to turn over documents. Senate Judiciary Committee Chairman Lindsey Graham hopes to get his subpoena power this week. [..] The scope of the subpoenas suggests a far-reaching inquiry. For instance, the FBI will be asked to surrender “all records related to the Crossfire Hurricane investigation. This includes, but is not limited to, all records provided or made available to the Inspector General of the U.S. Department of Justice for its review that resulted in the report ‘Review of Four FISA Applications and Other Aspects of the FBI’s Crossfire Hurricane Investigation’; and all records related to requests to the General Services Administration (GSA) or Office of the Inspector General of GSA for presidential transition records from November 2016 through December 2017.”

The State Department will be asked to produce records of its contacts with Christopher Steele, the former MI6 operative who penned the unverified dossier that was used by the bureau as essential evidence in pursuing the case. And the DNI will be asked for all records related to the Obama administration’s unmasking of Trump campaign and transition figures in intelligence intercepts. The list of individuals that Johnson’s committee is seeking to question or seek documents from includes some familiar figures in the controversy, like fired FBI Director James Comey, ex-FBI Counsel James Baker, fired FBI Special Agent Peter Strzok and his paramour, the former FBI lawyer Lisa Page, Obama Director of National Intelligence James Clapper, former CIA Director John Brennan and former Obama National Security Adviser Susan Rice, whose final email on the day she left office about President Obama’s dealings in the Russia probe has stoked great intrigue.


Senate investigators plan to delve into discrepancies in stories between Comey and Brennan over the intelligence community assessment that Russia tried to help Trump win the 2016 election and Comey and Clapper over who briefed President Obama in early January 2017 about a sensitive intercept of a conversation between incoming Trump National Security Adviser Michael Flynn and the Russian ambassador to Washington. One of the most anticipated witnesses is Bill Priestap, the former FBI assistant director of counterintelligence, who supervised Strzok’s Russia investigation and interacted often with former FBI deputy director Andrew McCabe.

Read more …

In other words: half the country are deplorables. Same issue, same question she asked in 2016. Never learned a single thing.

Hillary: How Can Anybody With Beating Heart, Working Mind Support Trump? (Ind.)

Former Secretary of State Hillary Clinton spoke out about her 2016 presidential rival Donald Trump, calling his time in office a “failure” and questioning how anyone could continue to support him. Speaking to the Los Angeles Times, Ms Clinton lashed out at President Donald Trump, criticising his leadership and characterising him as uncaring and incompetent. “What has been so surprising to me is how he can barely make an effort to rise to the occasion. I truly don’t think he can get out of his own way. Everything always has to be about him,” Ms Clinton said. She said Mr Trump tried to ignore the coronavirus pandemic until he was forced to address it, after which she claims he tried to turn the pandemic response into a “daily rally.”

Regarding the murder of George Floyd and the subsequent protests against police brutality and systemic racism in the US, Ms Clinton suggested she had initially hoped that Mr Trump was going to respond with empathy, but that it quickly became clear that wasn’t going to be the case. “He doesn’t have even the minor amount of empathy to fake it, to look like he is concerned, and he reverts to the belligerence and the threat-making and the photo-opping, all the tried and true tactics that feed his need for control and dominance and attention,” Ms Clinton said. Of Mr Trump’s “photo-opping,” his appearance at St John’s Church near the White House – and the tear gassing of protesters to clear the path for the president – has become one of the many flashpoints in the George Floyd protests.


“It was beyond my comprehension. We have never seen anything like this,” she said. “He is without shame. It is a mystery why anybody with a beating heart and a working mind still supports him.” She said that despite the fact that Mr Trump’s character was apparent during the election, even she wasn’t prepared for the degree to which the president would shuck norms. “So much of what we’re seeing now, sadly, was known about Trump and the kind of people who were loyal to him. But it turned out to be even worse than what I thought it would be,” she said. “Despite having my own front-row seat and being concerned about his character and behaviour, he has gone further and broken more norms and undermined our institutions more deeply than I thought would have been possible in such a short period of time.”

Read more …

Jordan hasn’t had the best of times either.

Rep. Jordan: Not Surprising McCabe, Rosenstein Disagree

It’s not surprising that former FBI Director Andrew McCabe and ex-Deputy Attorney General Rod Rosenstein disagree about the events surrounding the Russia probe, Rep. Jim Jordan said Thursday. “Somebody is not telling the truth because former FBI counsel Jim Baker told us when we deposed him last Congress, in the Judiciary Committee, that Rod Rosenstein was serious about wearing a wire and using the 25th Amendment to try to remove President [Donald] Trump from office,” the Ohio Republican told Fox News’ “Fox and Friends.” “Somebody is not being square and I guess maybe when you are engaged in this kind of wrongdoing which happened at the upper levels of the FBI, maybe it’s tough to keep your story straight.”

McCabe on Wednesday accused Rosenstein of lying about ex-FBI Director James Comey’s memos about his meetings with Trump. Rosenstein testified to the Senate Judiciary Committee that McCabe should have told him sooner about the Comey documents, reports Fox News. “Mr. Rosenstein’s claims to have been misled by me, or anyone from the FBI, regarding our concerns about President Trump and the Trump campaign’s interactions with Russia are completely false,” McCabe said in a statement Wednesday. Rosenstein signed the Foreign Intelligence Surveillance Act application to surveil former Trump campaign aide Carter Page, named Bob Mueller as special counsel, and broadened the scope of the Russia investigation, Jordan pointed out.


“The guy who did all of that now says there wasn’t anything there,” said Jordan. “That’s what we have been saying for three years … yet Rosenstein names Bob Mueller as a special counsel and puts our country three years of what we went through. That’s why people are upset about this and that’s why we have got to get to the bottom of it all.”

Read more …

Intriguing. Made me think of Einstein love of simplicity.

Diluting the blood of mice with saline/albumin rejuvenates them.


Original paper: Rejuvenation of three germ layers tissues by exchanging old blood plasma with saline-albumin

Out With the Old Blood (Mitteldorf)

There is great promise in 2020 that we might be able to make our bodies young without having to explicitly repair molecular damage, but just by changing the signaling environment. Do we need to add signals that say “young” or remove signals that say “old”? Does infusion of biochemical signals from young blood plasma rejuvenate tissues of an old animal? Or are there dissolved signal proteins in old animals that must be removed? For a decade, Irena and Mike Conboy have been telling us removal of bad actors is more important. But just last month, Harold Katcher reported spectacular success by infusing a plasma fraction while taking away nothing. Then, last week, the Conboys came back with a demonstration of the rejuvenating power of simple dilution.


They simply replaced half of the blood plasma in 2-year-old mice with a saline solution containing 5% albumin. What is albumin? Blood plasma is chock full of dissolved proteins, about 10% by weight. About half of these are termed albumin. Albumin is the generic portion. It doesn’t change through the lifetime. It doesn’t carry information by itself. But albumin transports nutrients and minerals through the body. The Conboys took care to show that albumin has no rejuvenation power on its own, and had nothing to do with their experimental results. Rather, they had to replenish albumin in diluting blood, because the animals would be sickened if half their albumin were removed. Replacing the albumin in a transfusion is akin to replacing the volume of water or maintaining the salinity.

In preparation for this experiment, the Conboys have invested years in miniaturizing the technology for blood transfusions, so that mice can be subjected to the same procedures that are commonplace in human hospitals. The Conboy lab replaced 50% of mouse blood plasma. They got spectacular results with a single treatment, based on a lucky guess. They have not yet experimented with 30% or 70%. They don’t know yet how long the treatment will last and how long it needs to be repeated. As with previous papers from the Conboy lab, the group focused on repair and stem cell activity as evidence of a more youthful state. Three separate tissue samples were taken from liver, muscle, and brain. “Muscle repair was improved, fibrosis was attenuated, and inhibition of myogenic proliferation was switched to enhancement; liver adiposity and fibrosis were reduced; and hippocampal neurogenesis was increased.”

Read more …

 

 

We try to run the Automatic Earth on people’s kind donations. Since their revenue has collapsed, ads no longer pay for all you read, and your support is now an integral part of the interaction.

Thank you.

 

 

 

 

 

 

 

 

Elmer Fudd has singlehandedly solved the US gun problem:

 

 

Support the Automatic Earth in virustime.

 

Apr 102020
 


Edward Hopper Burly Cobb’s House, South Truro 1930-33

 

Doctors Alarmed After Some COVID19 Patients Test Positive After Recovering (RT)
Doctors Say Ventilators Are Overused For COVID19 (Stat)
Pay Cuts, Furloughs, Layoffs For Doctors, Nurses, Healthcare Workers (BI)
New York Has More Cases Than Any Country (BBC)
Trump: Widespread Testing ‘Would Never Happen’, Not Needed To Reopen US (NW)
UK Gov’t: Keep Economy Running, We Will All Get COVID-19 Anyway (Nafeez Ahmed)
Ex-IMF Head Economist: Western Economies Slow To React (BBC)
Americans In Lebanon Decline Repatriation Offer: ‘It’s Safer In Beirut’ (CNN)
US Shouldn’t Bail Out Hedge Funds, Billionaires – Chamath Palihapitiya (CNBC)
WHO Chief And Taiwan In Row Over ‘Racist’ Comments (BBC)
Japan Will Pay Its Firms to Leave China, Relocate Production (N18)
China Factory Gate Deflation Deepens (R.)
How Greece Flattened The Coronavirus Curve (AlJ)
Saudi Energy Minister Says OPEC+ Oil Pact Hinges On Mexico Joining (R.)
US Banks Prepare To Seize Energy Assets As Shale Boom Goes Bust (R.)
Chicago Jail Reports 450 Coronavirus Cases Among Staff, Inmates (R.)
Assange Not Infected But Says Many in Belmarsh Are (CN)

 

 

US records 1,783 virus deaths in past 24 hours: Johns Hopkins
April 7: 1,939, April 8: 1.973

 

 

Cases 1,615,049 (+ 85,971 from yesterday’s 1,529,078)

Deaths 96,791 (+ 7,380 from yesterday’s 89,411)

 

 

 

From Worldometer yesterday evening -before their day’s close-

 

 

From Worldometer – NOTE: mortality rate for closed cases is at 21% ! NOTE 2: the number of active cases that are critical or severe is going down. 4% now.

 

 

From SCMP:

 

 

From COVID2019Info.live:

 

 

 

 

We keep seeing articles that depict how poor our understanding of the virus is. Sometimes I even wonder how many people died from that, instead of the virus itself.

Doctors Alarmed After Some COVID19 Patients Test Positive After Recovering (RT)

Troublesome results from South Korea and China, showing some of the patients who recovered from the coronavirus test positive again, could throw off widely accepted strategies for battling the virus, from shutdowns to vaccines. After about 50 recovered patients in the city of Daegu tested positive for Covid-19 again, the Korea Centers for Disease Control and Prevention (KCDC) launched an investigation into whether they were somehow reinfected, or if the virus had made a comeback. “While we are putting more weight on reactivation as the possible cause, we are conducting a comprehensive study on this,” said KCDC Director-General Jeong Eun-kyeong, as quoted by Bloomberg.

While reinfection would be problematic, reactivation is a more troubling prospect. In addition to raising questions about post-recovery immunity to the virus, it would pose a major challenge to mitigation strategies adopted around the world. If there is a high risk of Covid-19 reactivating among the people considered cured, that would mean longer quarantines and delays in reopening businesses and public spaces. Other possibilities include false positives, if the tests pick up residue from the initial infection, or prolonged “shedding” of the virus load missed by the tests at discharge because the levels were just under the limit.

South Korea has often been cited as one of the success stories of the pandemic, keeping the total number of infections to 10,400 and the death toll to 204, through strict quarantine, widespread testing and contact tracing measures. Further troubling news comes from China, where the novel coronavirus was first detected in December last year. A team of scientists at Fudan University analyzed blood samples from 175 patients discharged from a hospital in Shanghai and found that almost a third had “unexpectedly low” levels of antibodies, and in at least ten cases, no antibodies at all.

“Whether these patients were at high risk of rebound or reinfection should be explored in further studies,” the team said in a preliminary research paper released on Monday. While it has not been peer-reviewed or evaluated, the authors say they did the world’s first systematic examination of antibody levels in recovered Covid-19 patients. All of the people examined had recovered from mild symptoms, and most of those with low antibody levels were young, in the 15-39 age group. By contrast, the 60-85 age group had three times the amount of antibodies, the scientists said. If some patients do not develop antibodies, this could have serious implications for both vaccinations and “herd immunity.”

Read more …

More poor understanding.

Doctors Say Ventilators Are Overused For COVID19 (Stat)

Even as hospitals and governors raise the alarm about a shortage of ventilators, some critical care physicians are questioning the widespread use of the breathing machines for Covid-19 patients, saying that large numbers of patients could instead be treated with less intensive respiratory support. If the iconoclasts are right, putting coronavirus patients on ventilators could be of little benefit to many and even harmful to some. What’s driving this reassessment is a baffling observation about Covid-19: Many patients have blood oxygen levels so low they should be dead. But they’re not gasping for air, their hearts aren’t racing, and their brains show no signs of blinking off from lack of oxygen.

That is making critical care physicians suspect that blood levels of oxygen, which for decades have driven decisions about breathing support for patients with pneumonia and acute respiratory distress, might be misleading them about how to care for those with Covid-19. In particular, more and more are concerned about the use of intubation and mechanical ventilators. They argue that more patients could receive simpler, noninvasive respiratory support, such as the breathing masks used in sleep apnea, at least to start with and maybe for the duration of the illness. “I think we may indeed be able to support a subset of these patients” with less invasive breathing support, said Sohan Japa, an internal medicine physician at Boston’s Brigham and Women’s Hospital. “I think we have to be more nuanced about who we intubate.”

That would help relieve a shortage of ventilators so critical that states are scrambling to procure them and some hospitals are taking the unprecedented (and largely untested) step of using a single ventilator for more than one patient. And it would mean fewer Covid-19 patients, particularly elderly ones, would be at risk of suffering the long-term cognitive and physical effects of sedation and intubation while being on a ventilator. None of this means that ventilators are not necessary in the Covid-19 crisis, or that hospitals are wrong to fear running out. But as doctors learn more about treating Covid-19, and question old dogma about blood oxygen and the need for ventilators, they might be able to substitute simpler and more widely available devices.

An oxygen saturation rate below 93% (normal is 95% to 100%) has long been taken as a sign of potential hypoxia and impending organ damage. Before Covid-19, when the oxygen level dropped below this threshold, physicians supported their patients’ breathing with noninvasive devices such as continuous positive airway pressure (CPAP, the sleep apnea device) and bilevel positive airway pressure ventilators (BiPAP). Both work via a tube into a face mask. [..] because in some patients with Covid-19, blood-oxygen levels fall to hardly-ever-seen levels, into the 70s and even lower, physicians are intubating them sooner. “Data from China suggested that early intubation would keep Covid-19 patients’ heart, liver, and kidneys from failing due to hypoxia,” said a veteran emergency medicine physician. “This has been the whole thing driving decisions about breathing support: Knock them out and put them on a ventilator.”

Read more …

Obvious no. 1 for the government to prevent.

Pay Cuts, Furloughs, Layoffs For Doctors, Nurses, Healthcare Workers (BI)

Medical University of South Carolina in Charleston started temporarily laying off 900 workers this week, a move it expects will last through June. Salaried employees are facing a 15% cut, and hourly workers who don’t care for patients will be working fewer hours. The hospital confirmed that workers won’t face cuts if they are treating patients with COVID-19,. Though some hourly workers already had reduced hours due to lower volume, they won’t see more cuts if they’re moved onto the COVID-19 response team, said hospital spokeswoman Heather Woolwine. The cuts at MUSC came as the hospital saw a 75% drop in surgeries, 30% fewer patients arriving at the hospital, and 70% fewer patients arriving there by ambulance. Without staffing changes, it projected a $100 million loss through June 30.

In Oklahoma, Hillcrest HealthCare System announced it is putting about 600 employees on an estimated 90-day furlough, which is a temporary layoff without pay, though some might be called back sooner if they’re needed. The furloughs affect workers in administration, surgery, and outpatient care, where patient visits have gone down, said Rachel Weaver Smith, spokeswoman for Hillcrest. About 20% of staff are facing furloughs, reassignments, or reduced hours or pay, but the changes don’t extend to staff treating people with COVID-19, Weaver Smith said.

[..] There’s no central place where hospitals are reporting all of their layoffs or how much money they’re losing. The American Hospital Association, which represents more than 5,000 hospitals, has sounded the alarm about the industry’s financial difficulties and said that quickly distributing funding from the CARES Act would help facilities keep their doors open. About $30 billion will go out in the coming days, according to Seema Verma, administrator of the Centers for Medicare and Medicaid Services, but it’s not clear when or how the rest will be distributed.

Read more …

There are some 20 million people in NY State. Much less than in Spain, Italy etc.

New York Has More Cases Than Any Country (BBC)

New York state now has more coronavirus cases than any other country outside the US, according to latest figures. The state’s confirmed caseload of Covid-19 jumped by 10,000 on Thursday to 159,937, placing it ahead of Spain (153,000 cases) and Italy (143,000). China, where the virus emerged last year, has reported 82,000 cases. The US as a whole has recorded 462,000 cases and nearly 16,500 deaths. Globally there are 1.6 million cases and 95,000 deaths. While New York state leads the world in coronavirus cases, its death toll (7,000) lags behind Spain (15,500) and Italy (18,000), though it is more than double the official figure from China (3,300).


Photo: Reuters- Lucas Jackson

Photos have emerged of workers in hazmat outfits burying coffins in a mass grave in New York City. Drone footage showed workers using a ladder to descend into the huge pit where the caskets were stacked. The images were taken at Hart Island, off the Bronx, which has been used for more than 150 years by city officials as a mass burial site for those with no next-of-kin, or families who cannot afford funerals. Burial operations at the site have ramped up amid the pandemic from one day a week to five days a week, according to the Department of Corrections. Prisoners from Rikers Island usually do the job, but the rising workload has recently been taken over by contractors.

Read more …

Imagine you’re a country that has imposed a 2-3 month lockdown on its people, and you’re slowly getting out. Would you then invite mass numbers of untested Americans?

Trump: Widespread Testing ‘Would Never Happen’, Not Needed To Reopen US (NW)

President Donald Trump on Thursday said a widespread COVID-19 testing program to assess whether workers can safely return to their workplaces is “never going to happen” in the United States. As he addressed reporters during the daily White House Coronavirus Task Force briefing, Trump touted the fact that 2 million Americans had been tested for the virus as a “milestone” in the U.S. fight against the global pandemic caused by SARS-Cov-2. The 2 million tests that have been administered so far represents a high water mark after weeks of problems in obtaining and administering tests caused by the Trump administration’s rejection of a test developed by the World Health Organization. However, that number means only .61 percent of the 330 million U.S. population has been tested for COVID-19.

That’s a paltry number compared to many other countries which have implemented testing programs. Italy, for example, has administered tests to approximately 1.4 percent of its population, and South Korea, which flattened its infection curve with widespread testing, has reached .9 percent of its population. Most public health experts have stressed the need for the U.S. to significantly expand its testing program, both with currently available tests to determine whether a given person is infected with SARS-Cov-2, and with so-called “antibody tests” to determine whether a person has successfully fought off the virus and is therefore immune to it.

Both varieties of test, experts say, must be administered in far greater quantities than currently being done in order to allow Americans to return to work without fear of infection, though Trump has repeatedly suggested that the U.S. could begin to emerge from social distancing measures within a few weeks. But when asked how his administration could discuss “reopening” the U.S. economy without an adequate testing program in place, Trump claimed that such a program was not just unnecessary, but was something that was simply not in the cards. “Do you need it? No. Is it a nice thing to do? Yes,” Trump said.

Read more …

Long piece by Nafeez. I don’t know, when people spell Government with a capital G, I scratch my head.

UK Gov’t: Keep Economy Running, We Will All Get COVID-19 Anyway (Nafeez Ahmed)

Leaked recordings of a Home Office conference call on Tuesday, exclusively obtained by Byline Times, reveal that the Government has all but given up in its fight against the Coronavirus and is intent on simply finding “a method of managing it within the population”. The recordings show Home Office Deputy Science Advisor Rupert Shute stating repeatedly that the Government believes “we will all get” COVID-19 eventually. The call further implied that the Government now considers hundreds of thousands of deaths unavoidable over a long-term period consisting of multiple peaks of the disease. While urging the importance of reducing the burden on the NHS by staying at home, Shute downplayed the risk of people contracting the virus at work.

He said: “It’s perfectly okay to carry on around your business. And it’s vitally important that you do as there’s a whole bunch of supply chains and the economy that needs to continue running… So carrying on with your normal work is not putting you in harms way anymore so than staying at home or going out shopping. So I keep coming back to this point that we are all going to get this at some point. And it’s about making sure that we have a really strong NHS there to support us when we do get sick.” The policy being communicated by the Home Office privately among Government staffers is at odds with Prime Minister Boris Johnson’s statement at a press conference three weeks ago that the next 12 weeks could “turn the tide of this disease”.


[..] A fuller analysis of leaked recordings obtained by Byline Times reveals that the Government remains committed to the idea that the vast majority of the UK population will contract COVID-19, making a minimum number of deaths inevitable, albeit over a longer period of time. Using the Government’s own lowest estimate of a fatality rate at around 0.5%, this confirms that it has resigned itself to the expectation that some 264,000 Britons will inevitably die in ensuing months and years from the disease. The recordings provide a sobering insight into how the scientific advice feeding into Government policy is evolving – without, however, being meaningfully communicated to the British public or being subjected to external scientific scrutiny.

Read more …

Western politicians focus on the economy, and only miles after that see anything else.

Ex-IMF Head Economist: Western Economies Slow To React (BBC)

The coronavirus was “taken a little more lightly” by western economies compared to those in Asia, says a former IMF chief economist. Raghuram Rajan said western economies are facing a drop in economic growth by as much as 6% this year. The widespread closure of businesses is having a huge financial impact as governments prevent the virus spread. His comments come as the IMF warns the global economy faces its worst crisis since the 1930s depression. “I think in the west, partly because there hadn’t been a direct experience of a serious epidemic, it was taken a little more lightly,” Mr Rajan told the BBC’s Asia Business Report on Friday. “This is something happening in faraway lands, it’s not going to be serious here.

“It’s all too easy to point fingers after the fact but what I’m saying is that the countries in East Asia that had the experience of previous pandemics, which didn’t quite rise to the level of pandemics I should say… but previous epidemics, they took this seriously right from the get-go.” Mr Rajan, a former governor of India’s central bank, praised South Korea and Singapore as two Asian economies that have handled the virus outbreak well. For his native India, he warned that it had “limited tools” given how densely populated the country is. “It’s hard to do social distancing anywhere in the normal course. Your markets are chock-full of people. Your dwellings are chock-full of people. And so I think the government is trying to attempt to reduce the pace of increase with this lockdown.”

His said it was necessary to send the message to people to take this pandemic seriously. “This is not fun and games, this is really about life and death, and if it really explodes in India, we really don’t have the resources to deal with that.” The economist, who is a finance professor at the University of Chicago Booth School of Business, gave a bleak forecast for western economies as he expects them to shift from expansion to contraction. “At this point, we’re probably thinking of western countries seeing a shift in GDP growth from about 2 percentage to 3 percentage points, to negative 4 or 5 percentage points. “Each country is going to lose 5 to 6 percentage points of GDP at the very least over this year. So cumulate that, that’s significantly more than $2 trillion”.

Read more …

When Iran became a major case, there were fears for Lebanon as well. But so far it’s done well.

Americans In Lebanon Decline Repatriation Offer: ‘It’s Safer In Beirut’ (CNN)

Carly Fuglei was with a group of Danish friends in Beirut last month when she first considered moving back to the United States. They were preparing to leave Lebanon amid fears of a major coronavirus outbreak there, and tried to convince her to do the same. But the 28-year-old humanitarian consultant from Montana decided to stay. After Lebanon closed its borders on March 19 to stem the spread of the global pandemic, she began furnishing her rooftop terrace. Her time in Beirut, she realized, would be indefinite. “I made that decision for a combination of personal reasons and calculations about the virus that we’re all making,” says Fuglei. “I think that I am probably safer here.”

It’s a decision that several US citizens in Beirut who CNN spoke to have echoed, citing skyrocketing cases in the US. When the US government last week said it would fly its citizens and permanent residents to the US on a chartered flight for $2,500 per person, some Americans took to Twitter to publicly decline the offer. “And no, Mom, I’m not going,” Beirut-based freelance journalist Abby Sewell wrote in a tweet about the US embassy announcement. Responding to her tweet, a Lebanese journalist said: “For once I’m like no America is not safer than here.” Sewell’s mother, Meg Sewell, replied: “Actually, for the moment I might have to agree.” Sewell tells CNN she never considered taking the US embassy’s offer.

“From everything I’m reading, the situation is worse in the US, in terms of the number of cases, prevention measures or lack thereof, and how overburdened the health system is,” she says. “Also, since I’ve been living overseas for years, I don’t have health insurance in the US now, so if I did go back and then got sick, I would be looking at paying thousands of dollars out of pocket.” [..] Just under 12,000 tests for coronavirus have been carried out so far in Lebanon. That equates to around 0.1% of the population (by contrast, roughly 0.3% of the population in Britain, and 1.1% of the population of Germany have been tested). As a result, the ministry of public health believes it is underestimating the scale of its outbreak. It has urged more people to get tested. Lebanon’s ministry of public health has vowed to boost the number of screenings to as many as 2,000 a day. It says anyone with mild to severe symptoms is entitled to be tested.

Read more …

It will take pitchforks to change this.

US Shouldn’t Bail Out Hedge Funds, Billionaires – Chamath Palihapitiya (CNBC)

Chamath Palihapitiya, founder and CEO of investment firm Social Capital, told CNBC on Thursday that the U.S. shouldn’t be bailing out billionaires and hedge funds during the coronavirus pandemic. “On Main Street today, people are getting wiped out. Right now, rich CEOs are not, boards that have horrible governance are not. People are,” Palihapitiya, an early Facebook executive, said on CNBC’s “Fast Money Halftime Report.” “What we’ve done is disproportionately prop up poor-performing CEOs and boards, and you have to wash these people out.” “Just to be clear on who we are talking about. We’re talking about a hedge fund that serves a bunch of billionaire family offices, who cares? They don’t get the summer in the Hamptons?” he said.

“These are the people that purport to be the most sophisticated investors in the world.” Palihapitiya also said he was concerned that the Federal Reserve’s plans to support to economy during the COVID-19 crisis are going to have consequences. The Fed earlier in the day announced a slew of new moves aimed at getting another $2.3 trillion of financing into businesses and governments, including its Main Street business lending program and market interventions. The central bank said its loans will be geared toward businesses with up to 10,000 employees and less than $2.5 billion in revenues for 2019. Programs would total up to $2.3 trillion and include the Payroll Protection Program and other measures aimed at getting money to small businesses and bolstering municipal finances with a $500 billion lending program, it added.

But Palihapitiya said it would have been better to just give more money to Americans. “I’m not disagreeing with what the Fed has to do. What I’m saying is it’s creating a land mine, and it’s creating a bill that will have to come due,” he said. “It would be better for the Fed to have given half a million to every man, woman and child in the United States,” he added.

Read more …

“For years, we have been excluded from international organisations, and we know better than anyone else what it feels like to be discriminated against and isolated..”

WHO Chief And Taiwan In Row Over ‘Racist’ Comments (BBC)

A row has erupted after the chief of the World Health Organization (WHO) accused Taiwan’s leaders of spearheading personal attacks on him. WHO chief Tedros Adhanom Ghebreyesus said he had been subjected to racist comments and death threats for months. But President Tsai Ing-wen said Taiwan opposed any form of discrimination, and invited Dr Tedros to visit the island. Taiwan said it had been denied access to vital information as the coronavirus spread. The WHO rejects this. Taiwan is excluded from the WHO, the United Nations health agency, because of China’s objections to its membership. The Chinese Communist Party regards Taiwan as a breakaway province and claims the right to take it by force if necessary. The WHO has also been criticised by US President Donald Trump, who has threatened to withdraw US funding to the agency.


Dr Tedros said he had been at the receiving end of racist comments for the past two to three months. “Giving me names, black or negro,” he said. “I’m proud of being black, or proud of being negro.” He then said he had received death threats, adding: “I don’t give a damn.” The WHO chief said the abuse had originated from Taiwan, “and the foreign ministry didn’t disassociate” itself from it. But Ms Tsai said Taiwan was opposed to discrimination. “For years, we have been excluded from international organisations, and we know better than anyone else what it feels like to be discriminated against and isolated,” Reuters news agency quoted her as saying. “If Director-General Tedros could withstand pressure from China and come to Taiwan to see Taiwan’s efforts to fight Covid-19 for himself, he would be able to see that the Taiwanese people are the true victims of unfair treatment.”

Read more …

Many countries will follow. Big shift.

Japan Will Pay Its Firms to Leave China, Relocate Production (N18)

Japan is willing to fund its companies to shift manufacturing operations out of China, Bloomberg has reported as the disruptions caused to production by the coronavirus pandemic has forced a rethink of supply chains between the major trading partners. As part of its economic stimulus package, Japan has earmarked $2.2 billion to help its manufacturers shift production out of China. Of this amount, 220 billion yen ($2 billion)is for companies shifting production back to Japan and 23.5 billion yen for those seeking to move production to other countries. China is Japan’s biggest trading partner under normal circumstances, but imports from China have slumped by almost half in February due to lockdowns to curb the spread of the virus hitting manufacturing and the supply chain.


Shinichi Seki, an economist at the Japan Research Institute, predicted that there would be a shift in the coming days as there already was renewed talk of Japanese firms reducing their reliance on China as a manufacturing base. “Having this in the budget will definitely provide an impetus,” he told Bloomberg. Companies, such as car makers, which are manufacturing for the Chinese domestic market, will likely stay put, he said. The Japanese government’s panel on future investment had last month discussed the need for manufacturing of high-added value products to be shifted back to Japan, and for production of other goods to be diversified across Southeast Asia. More than 37 per cent of the 2,600 companies surveyed by Tokyo Shoko Research Ltd. in February had also said they were diversifying procurement to places other than China amid the coronavirus crisis.

Read more …

Someone mentions the D word!.

China Factory Gate Deflation Deepens (R.)

China’s factory gate prices fell the most in five months in March, with deflation deepening and set to worsen in coming months as the economic damage wrought by the coroanvirus outbreak at home and worldwide shuts down many countries. The world’s second-largest economy is trying to restart its engines after weeks of near paralysis to contain the pandemic that had severely restricted business activity, flow of goods and the daily life of people. Friday’s data from the National Bureau of Statistics suggested a durable recovery was some way off, with China’s producer price index (PPI) falling 1.5% from a year earlier, the biggest decline since October last year. It compared with a median forecast of a 1.1% fall tipped by a Reuters poll of analysts and a 0.4% drop in February.


Headline consumer inflation also eased somewhat last month, partly led by government control measures, while core prices remained benign, leaving more room for monetary easing, some analysts said. The overall decline in the factory gate gauge was exacerbated by a slump in global oil and commodities prices, which filtered through to crude oil, steel and non-ferrous metal industries, the statistics bureau said in a statement accompanying the data. “The issue of having more supply than demand, and persistently low oil prices, will intensify deflationary pressures,” said Yang Yewei, a Beijing-based analyst with Southwest Securities.

Read more …

3 different articles on “How Greece Did It” today, This one from Al Jazeera, others are the Independent and an op-ed at Bloomberg.

How Greece Flattened The Coronavirus Curve (AlJ)

When Greece cancelled carnival celebrations in late February, many people thought the measure excessive. In the western city of Patra, which hosts Greece’s most flamboyant carnival parade, thousands defied the ban and took to the streets. “The government has ordered an end to all municipal activities … but this is a private enterprise. No one can shut it down,” said a jubilant reporter for the local Ionian TV in front of a crew dressed up as 17th-century French courtiers. “They’re gathering here on St George’s Square, where the [Greek] revolution began in 1821, and that’s symbolic,” he said. Greeks quickly put their revolutionary spirit aside, however, and largely heeded government advice to remain indoors. The result has been a remarkably low number of deaths – 81 by Tuesday, compared to more than 17,000 in neighbouring Italy.

Even adjusted for population sizes, Italy’s fatality rate is almost 40 times greater. Compared with other European Union members, too, Greece has fared better. Its fatalities are far lower than in Belgium (2,035) or the Netherlands (1,867), which have similar populations, but a much higher GDP. “State sensitivity, co-ordination, resolve, swiftness, seem not to be matters of economic magnitude,” Prime Minister Kyriakos Mitsotakis recently told a pared-down session of parliament. “Our schools closed before we had the first fatality. Most countries followed a week or two later, after they had mourned the loss of dozens,” he said.

George Pagoulatos, a political economist who heads the Hellenic Foundation for European and Foreign Policy (ELIAMEP), a think-tank, agrees that the government displayed “a very professional, managerial approach early on”, albeit largely dictated by inherent national weaknesses. Greece had very shallow resources with which to tackle a large outbreak. A decade of austerity saw its national healthcare expenses cut by three-quarters. Its intensive care beds numbered just 560 last month, though the government has now raised that to 910, and hired more than 4,000 extra doctors and nurses. Another weakness is that at least a quarter of Greece’s population is over 60, and elderly patients have been deemed particularly at risk from coronavirus.

All this has meant that a forward line of defence was Greece’s only real defence – but it has paid off. Greece is using only a tenth of its ICU beds, and has plenty of capacity left over.

Read more …

Put pressure on Mexico but not the US. BAU.

Saudi Energy Minister Says OPEC+ Oil Pact Hinges On Mexico Joining (R.)

Saudi Arabia’s energy minister said on Friday that a final OPEC+ oil supply pact to reduce 10 million barrels per day (bpd), which was agreed on Thursday, hinges on Mexico joining in the cuts. OPEC, Russia and other allies, a group known as OPEC+, outlined plans on Thursday to cut their oil output by more than a fifth, but said a final agreement was dependent on Mexico signing up to the pact after it balked at the production cuts it was asked to make. Discussions among top global energy ministers will resume on Friday. “I hope (Mexico) comes to see the benefit of this agreement not only for Mexico but for the whole world. This whole agreement is hinging on Mexico agreeing to it,” Prince Abdulaziz bin Salman told Reuters by telephone.


Global fuel demand has plunged by around 30 million bpd, or 30% of global supplies, as steps to fight the coronavirus have grounded planes, cut vehicle usage and curbed economic activity. The kingdom will host an extraordinary meeting by video conference at 12.00 GMT on Friday for energy ministers from the Group of 20 major economies. Asked about other countries such as the United States, Canada and Brazil joining the OPEC+ cut pact, Prince Abdulaziz said: “They will do it in their own way, using their own approaches, and it is not our job to dictate to others what they could do based on their national circumstances.” [..] The planned output curbs by OPEC+ amount to 10 million bpd, or 10% of global supplies, with another 5 million bpd expected to come from other nations, according to sources, to help deal with the deepest oil crisis in decades.

Read more …

Shale outdid subprime in sheer craziness.

US Banks Prepare To Seize Energy Assets As Shale Boom Goes Bust (R.)

Major U.S. lenders are preparing to become operators of oil and gas fields across the country for the first time in a generation to avoid losses on loans to energy companies that may go bankrupt, sources aware of the plans told Reuters. JPMorgan Chase, Wells Fargo, Bank of America and Citigroup are each in the process of setting up independent companies to own oil and gas assets, said three people who were not authorized to discuss the matter publicly. The banks are also looking to hire executives with relevant expertise to manage them, the sources said. The banks did not provide comment in time for publication. Energy companies are suffering through a plunge in oil prices caused by the coronavirus pandemic and a supply glut, with crude prices down more than 60% this year.

Although oil prices may gain support from a potential agreement Thursday between Saudi Arabia and Russia to cut production, few believe the curtailment can offset a 30% drop in global fuel demand, as the coronavirus has grounded aircraft, reduced vehicle use and curbed economic activity more broadly. Oil and gas companies working in shale basins from Texas to Wyoming are saddled with debt. The industry is estimated to owe more than $200 billion to lenders through loans backed by oil and gas reserves. As revenue has plummeted and assets have declined in value, some companies are saying they may be unable to repay.

Whiting Petroleum Corp became the first producer to file for Chapter 11 bankruptcy on April 1. Others, including Chesapeake Energy Corp, Denbury Resources Inc and Callon Petroleum Co, have also hired debt advisers. If banks do not retain bankrupt assets, they might be forced to sell them for pennies on the dollar at current prices. The companies they are setting up could manage oil and gas assets until conditions improve enough to sell at a meaningful value.

Read more …

A whole bunch of scared people together in not very much space.

Chicago Jail Reports 450 Coronavirus Cases Among Staff, Inmates (R.)

Some 450 inmates and staff have tested positive for coronavirus at Chicago’s largest jail, county corrections officials said on Thursday, representing one of the nation’s largest outbreaks of the respiratory illness at a single site so far in the pandemic. The surge of cases at Cook County Jail marks the latest flare-up of COVID-19 at jails and prisons in major cities across the United States, where detainees often live in close quarters. The situation gained national attention earlier this week when inmates posted handmade signs pleading for help in the windows of their cells overlooking a public street. “Sheriff’s officers and county medical professionals are aggressively working round-the-clock to combat the unprecedented global coronavirus pandemic,” the Cook County Sheriff’s Office said in a written statement on Thursday.


Those measures include opening an off-site 500-bed “quarantine and care facility” for prisoners, an effort to move as many inmates as possible from double to single cells, and the opening of a testing site at the jail. “Front line” staff members were being checked for fever at the start of each shift and issued protective equipment if they interact with inmates, according to the sheriff’s department.[..] In Monroe, Washington, inmates at a minimum-security prison vandalized the facility in a protest on Wednesday evening after officials announced that six prisoners had tested positive for COVID-19, according to Washington state’s Department of Corrections. State and local police and corrections officers quelled the disturbance at the prison 24 miles northeast of Seattle using pepper spray, sting balls and rubber pellets, the corrections department said.


Signs made by prisoners pleading for help in a window of Cook County Jail in Chicago, Illinois, U.S., April 9, 2020 REUTERS/Jim Vondruska

Read more …

“More than 150 Belmarsh guards are in self-isolation and the prison is barely functioning..”

Assange Not Infected But Says Many in Belmarsh Are (CN)

Julian Assange has told a friend in a telephone conversation on Wednesday that he is living in a prison in which the coronavirus is “ripping through” the population. He told photojournalist Vaughan Smith, founder of London’s Frontline Club, that he is isolated 23 1/2 hours a day and spends 30 minutes in a prison yard packed with other inmates. More than 150 Belmarsh guards are in self-isolation and the prison is barely functioning, Smith said. Assange did not show up for a video link to his case management hearing at Westminster Magistrate’s Court on Tuesday. A court official was overheard by three people present in the courtroom saying that Assange was “unwell.” He is not infected with Covid-19, but Vaughan says his life is threatened by it in prison.

Read more …

 

It must be possible to run the Automatic Earth on people’s kind donations. These are no longer the times when ads pay for all you read, your donations have become an integral part of the process.

Thanks everyone for your generous donations.

 

 

Sound on.

 

 

 

 

 

 

Support the Automatic Earth. It’s good for your mental health.

 

Apr 092020
 


Edward Hopper The railroad 1922

 

Fauci: I Don’t Think We Should Shake Hands ‘Ever Again’ (Hill)
The Limits of Location Tracking in an Epidemic (ACLU)
Coronavirus and the Future of Surveillance (FA)
China Seeks To Contain ‘Silent Carriers’ Of Coronavirus (R.)
Rapid Health Declines In COVID-19 Patients Jar Doctors, Nurses (R.)
New Projections Show Virus Spreading Twice As Fast As Expected (ZH)
US Nurses Who Can’t Get Tested Fear They Are Spreading COVID-19 (R.)
NY Hospital Sends ‘Borderline’ COVID19 Patients Home With Oxygen Monitors (R.)
What The Data Really Shows About Two Treatments For COVID-19 (F.)
Miss England Hangs Up Her Crown To Return To Work As A COVID19 Doctor (C24)
U.S. GDP Will Contract 30% In Second Quarter, 5% In 2020 – PIMCO (R.)
Thinking Outside of the “V” Shaped Recovery Box (RIA)
Americans Not Making Their Mortgage Payments Soar By 1064% In One Month (ZH)
Virgin Islands At Odds With Epstein Estate Over ‘Broad’ Liability Releases (R.)
Vindictive Court Rulings Prove British State Wants Assange Dead (WSWS)
Democrats Salivate Over Obama Coming Off Sidelines (Hill)

 

 

Confirmed coronavirus cases.
• Spain: 148,220
• Italy: 139,422
• Germany: 113,296
• New York State: 151,000

• US records 1,973 #coronavirus deaths on April 8. “The record-breaking figure is slightly higher than the previous day’s toll of 1,939 and brings total US fatalities to 14,695”

• Africa tops 10,000 cases, 500 deaths. Let’s see what the numbers are 3 weeks from now.

Nice discussions about testing and surveillance. But too many people appear to have their minds made up before the discussion starts. It’s not as easy as some may think.

One man’s freedom is another man’s prison, and finding the middle ground takes a lot of effort. However, we do that every day. The internet and smartphones have already brought a lot of added surveillance, but most people still feel free. Even though they don’t have the freedom to rape and murder. There are sliding scales here as far as the eye can see.

 

 

Cases 1,529,078 (+ 82,097 from yesterday’s 1,446,981)

Deaths 89,411 (+ 6,321 from yesterday’s 83,090)

 

 

 

From Worldometer yesterday evening -before their day’s close-

 

 

From Worldometer – NOTE: mortality rate for closed cases is at 21% ! NOTE 2: the number of active cases that are critical or severe is going down. 4% now.

 

 

From SCMP:

 

 

From COVID2019Info.live:

 

 

 

 

And no dancing either, y’hear?!

Fauci: I Don’t Think We Should Shake Hands ‘Ever Again’ (Hill)

Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases (NIAID) and a key member of the White House coronavirus task force, on Wednesday suggested that Americans should never shake hands again. “When you gradually come back, you don’t jump into it with both feet. You say, what are the things you could still do and still approach normal? One of them is absolute compulsive hand-washing. The other is you don’t ever shake anybody’s hands,” Fauci told The Wall Street Journal’s podcast.


“I don’t think we should ever shake hands ever again, to be honest with you. Not only would it be good to prevent coronavirus disease; it probably would decrease instances of influenza dramatically in this country,” the doctor added. Fauci also said he hopes to see a “light at the end of the tunnel” by the end of April. The NIAID head said Wednesday morning on Fox News that he thinks the number of U.S. deaths from the virus will be lower than initially predicted. Last week, Fauci and other members of the task force had signaled that anywhere between 100,000 and 240,000 Americans could die from the illness, even if social distancing was successful.

Read more …

This appears very clumsy.

The Limits of Location Tracking in an Epidemic (ACLU)

The CDC warns against comingin “close contact” with apersonwho has tested positive for the virus, defining close contactas“being within approximately 6 feet (2 meters), of a person with COVID-19 for a prolonged period of time.” None of the data sources discussed above are accurate enough to identify close contact with sufficient reliability. None are reliably accurate to within 6feet. Using the wrong technology to draw conclusions about who may have become infected might lead to expensive mistakessuch as twoweek isolation from work, friends, and family for someone —perhaps even ahealth care worker or first responder —who was actually not exposed. Israel’suse of location data has already sparked complaintsabout accuracy.

A location tracking system over time can be accurate enough to place a person near a bank, bar, mosque, clinic, or other privacy-sensitive location. But the fact is, commercial location databases are compiled for advertising and other purposes and are simply not accurate enough to reliably determine who was in close contact with whom. The algorithms are not likely to be reliable.Even if we were to imagine a set of location data that had pinpoint accuracy, there would still be problems translating that in any automated way into reliable guesses about whether two people were in danger of transmitting an infection. The Israeli system apparently acts on the basis of nothing more than an automated look at proximity. In Israel, one woman was identified as a “contact” simply because she waved at her infected boyfriend fromoutside his apartment building —and was issued a quarantineorder based on that alone.

Such a system is likely to make many such mistakes; it won’t know that a bank teller is shielded from transmission because they’re behind plexiglass, or that two people close togetherin a building are actually in separate apartments divided by a wall. The alternative is to try to make more educated guessesby taking account of such circumstances as well as such factors as the duration of a contact and the numberof days the positive-testing person has been infected. But those guesses will inevitably be highly unreliable.

Read more …

All over East Asia.

Coronavirus and the Future of Surveillance (FA)

Consider the strategies of five East Asian countries—ranging from the democracies of South Korea and Taiwan to the authoritarian Chinese state—that all relied on prominent surveillance methods. South Korea has so far successfully curbed the spread of COVID-19 using classic public health surveillance through large-scale testing. But Seoul has also intrusively tracked down potentially infected individuals by looking at credit card transactions, CCTV footage, and other data. Local authorities have released personal data, sometimes with the consequence that individuals can be identified publicly. Korean officials can enforce self-quarantine through a location-tracking smartphone app.

Taiwan has kept the number of cases very low by employing strict surveillance of people coming into the country and widely distributing that information. In February, for instance, Taiwan announced that all hospitals, clinics, and pharmacies across the country could access their patients’ travel histories. Integrating public- and private-sector databases in such ways would prove difficult in the United Kingdom or the United States or under existing European Union regulations. Just as in South Korea, officials in Taiwan use phone apps to enforce the self-quarantine of suspected infected individuals. Hong Kong issues all new arrivals an electronic wristband that monitors whether they violate quarantine.

Singapore has kept a lid on the pandemic using CCTV footage and the investigative powers of the police: refusal to cooperate with public health requirements is illegal. China’s sheer size makes it the most significant case. Beijing has successfully curbed the spread of the disease. Yes, the pandemic originated in China, but that doesn’t diminish the tangible success of China’s strategy of heavy surveillance. Its “grid management” system divides the country into tiny sections and assigns people to watch over one another. Over a million local monitors log movements, take temperatures, and enforce rules about residents’ activities.

At the same time, China has also harnessed its panoply of digital tools. State-run rail companies, airlines, and the major telecom providers all require customers to present government-issued identity cards to buy SIM cards or tickets, enabling unusually precise mass surveillance of individuals who traveled through certain regions. Color-coded smartphone apps tag people as green (free to travel through city checkpoints) or as orange or red (subject to restrictions on movement). Authorities in Beijing have employed facial recognition algorithms to identify commuters who aren’t wearing a mask or who aren’t wearing one properly.

Read more …

Not testing grinds economies to a halt. Airlines, restaurants, everyone will want to be safe from infection or they don’t show up. That doesn’t make it an easy or a settled topic, but it’s still true. Can you run London, New York, Tokyo without a subway system? Nope.

China Seeks To Contain ‘Silent Carriers’ Of Coronavirus (R.)

China released new measures on Wednesday to try and prevent asymptomatic “silent carriers” of coronavirus from causing a second wave of infections, as the country reported another modest rise in new confirmed cases. Mainland China reported 63 new confirmed cases on Wednesday, up from 62 a day earlier, the National Health Commission said. Of those, 61 were travellers arriving from overseas, bringing the total number of confirmed cases in China to 81,865. While new infections have fallen from their peak in February after China locked down several cities and imposed strict travel restrictions, authorities have called for continued vigilance amid fears of a fresh wave of infections.

Aside from curbing an influx of infected travellers from abroad, China’s other concern is managing asymptomatic people, or virus carriers who exhibit no clinical symptoms such as a fever or a cough. China reported 56 new asymptomatic cases on Wednesday, bringing the total number of such cases to 657 since data for such infections were published daily from April 1. The State Council, or Cabinet, on Wednesday published new rules to manage asymptomatic coronavirus carriers, or what some state media described as “silent carriers” of the virus.

Under the regulations, medical institutions must report detection of asymptomatic cases within two hours of their discovery. Local governments must then identify all known close contacts of the case within 24 hours. Asymptomatic patients will be quarantined collectively for 14 days, and will be counted as confirmed cases if they start to show symptoms. People who have had close contact with them must also be quarantined for two weeks. Earlier this week, a new function appeared on Tencent’s ubiquitous (0700.HK) WeChat mobile platform allowing people to check if they have ever sat on trains and planes near an asymptomatic carrier who later became a confirmed case.

https://twitter.com/i/status/1248072025492635648

Read more …

Sometimes you realize how little we still know about the virus.

Rapid Health Declines In COVID-19 Patients Jar Doctors, Nurses (R.)

One medical worker called it “insane,” another said it induces paranoia – the speed with which patients are declining and dying from the novel coronavirus is shocking even veteran doctors and nurses as they scramble to determine how to stop such sudden deterioration. Patients “look fine, feel fine, then you turn around and they’re unresponsive,” said Diana Torres, a nurse at Mount Sinai Hospital in New York, the epicenter of the pandemic in the United States, where the virus has infected more than 415,000 people. “I’m paranoid, scared to walk out of their room.” It isn’t just elderly or patients with underlying health conditions who can be fine one minute and at death’s door the next. It can happen for the young and healthy, too, health professionals told Reuters.

A young woman died unexpectedly while nurse Laurie Douglas was on duty at Our Lady of the Lake Hospital in Baton Rouge, Louisiana. After 34 years on the job, Douglas said she normally has “an intuition of who is going to fade and who may improve.” “But these people are throwing that out the window,” Douglas said. “Last week, she was planning her wedding. This week, her family is planning her funeral,” she said, referring to the deceased patient. Patients might enter the hospital with strong oxygen levels and be engaged in happy conversation, said a resident emergency doctor at New York-Presbyterian Hospital, only to be “gasping for breath” and intubated a few hours later. “The scary thing is there are no rules to it,” said the resident, who spoke on condition of anonymity.

These scenes are playing out everywhere as COVID-19, the respiratory disease caused by the new coronavirus, has infected more than 1.4 million worldwide and killed more than 83,400 as of Wednesday. The quick turns for the worse are likely products of an “overly exuberant” reaction by the immune system as it fights the virus, said Dr. Otto Yang, an infectious disease specialist at the UCLA Medical Center in Los Angeles. Called a cytokine storm, it occurs when the body overproduces immune cells and their activating compounds – cytokines – causing dangerously high blood pressure, lung damage and organ failure. Emily Muzyka, 25, a nurse in the New York suburbs, said she reached her breaking point last week, when a relatively healthy 44-year-old woman needed sudden intubation.

“I had a meltdown that night,” she said. “I cried to my boyfriend.” In the case of COVID-19 patients, intubation refers to inserting a tube into the mouth and through the airway of a patient struggling to breathe, so they can be hooked to a mechanical ventilator. Associated Press journalist Anick Jesdanun, who was in good health and had run 83 marathons, died last week from COVID-19, according to a post on Facebook by his cousin, Prinda Mulpramook. Jesdanun, who was 51, at first didn’t need hospitalization, according to the post. He had begun to recover and showed clear lungs and strong vital signs during a doctor’s visit in late March. But “a sudden setback” sent him to the emergency room on April 1, and “13 hours later we lost him,” Mulpramook wrote.

Read more …

Again, we know very little.

New Projections Show Virus Spreading Twice As Fast As Expected (ZH)

[..] around the world, there are probably dozens of sets of projections, all produced by “credible” researchers, all saying slightly different things. And now, one of those researchers has caught the attention of Bloomberg by announcing that it may have underestimated the virus’s velocity by half, meaning it’s been spreading twice as quickly through China – and will therefore likely follow (or has followed) a similar pattern in the US. This set of projections was produced by researchers at Los Alamos, BBG said. As the CPC lifts travel restrictions on “healthy” residents of Wuhan – sending tens of thousands scrambling to escape the city – the team of researchers has determined that the virus likely spread through the country twice as quickly as initially believed.

New assumptions produced by the team including the average number of people infected in the early days of the epidemic in Wuhan: they have been revised to 5.7, more than twice the number the WHO has projected. Of course, the team’s results are specific to the Chinese outbreak. But although Beijing hesitated during the early days of the outbreak, it’s heavy handed response likely won’t be mimicked by the West, meaning if the virus spread more quickly in China, it’s reasonable to expect that it could travel through the US at around the same speed. At any rate, with this new rate of spread, researchers determined that some 82% of the population would need to be immune, either via a vaccine or because they’d already had the disease, in order to stop the virus from spreading.

Without such protection, high levels of social distancing would be needed, since as many as 1/5 people infected present as asymptomatic, a factor that has terribly complicated the response to the virus. [..] Notably, the Los Alamos report, which was initially published in Emerging Infectious Diseases, relied on anonymized mobile phone travel data and case reports of coronavirus outside the early epicenter in China’s Hubei province to calculate the spread, all things considered, that should be some pretty accurate data, if the authorities haven’t tampered with it. Then again, if they had, the numbers would probably look a lot better than they do.

Read more …

They’re Marvel heroes, they don’t need testing.

US Nurses Who Can’t Get Tested Fear They Are Spreading COVID-19 (R.)

In New York City, an intensive care nurse treated patients for three days after she started displaying symptoms of COVID-19 – but couldn’t get a test from her hospital. In Georgia, a nurse was denied a test after treating an infected patient who died. In Michigan, one of the few hospital systems conducting widespread staff testing found that more than 700 workers were infected with the coronavirus – more than a quarter of those tested. More than a month after the pandemic hit the United States, the persistent test shortages mean that health workers are treating patients while experiencing mild symptoms that could signal they are infected themselves, according to Reuters interviews with 13 nurses and 2 doctors who described testing shortages at their hospitals. Many medical centers are testing only the workers with the most severe symptoms, according to the frontline workers and hospital officials.

As a result, nurses and doctors risk infecting patients, colleagues and their families without knowing they are carrying the virus, medical experts say. The New York City nurse works at Mount Sinai Hospital, a major institution in the national epicenter of the pandemic. Her nausea, upset stomach and low-grade fever did not qualify her to get a test in late March, she told Reuters on condition of anonymity. She continued to work because her fever – at 100.2 degrees Fahrenheit (37.9 Celsius) – was just below the threshold set by the U.S. Centers for Disease Control and Prevention for sending health workers home. But she had the virus, an infection she confirmed when she took it upon herself to get tested at a private clinic, she said.“I knew something wasn’t right,” the nurse said, “but I didn’t really think I had it.”

[..] In Michigan – a leader among states in establishing testing programs that deliver quick results – more than 700 staff in the Henry Ford Health hospital system have tested positive out of some 2,500 employees tested since March 12, chief clinical officer Adnan Munkarah said on April 6. While the infected workers represent just 2% of the system’s overall staff, the high percentage of positive tests in the initial round signals that further testing could reveal many more infections. Until rapid testing is widely available, hospitals face a dilemma: Do they test staff with mild symptoms and keep them home for days as they await results? Or do they keep mildly ill – but desperately needed – staff at work to treat the rush of patients? “It’s a different kind of triage,” said Caplan, the bioethics professor. “It’s precaution versus, ‘I need staff.’”

Read more …

Not quite sure what’s safer.

NY Hospital Sends ‘Borderline’ COVID19 Patients Home With Oxygen Monitors (R.)

Some coronavirus patients who would have been admitted into the emergency department at a New York hospital are being sent home with an oxygen-monitoring device as the city’s medical system struggles to reserve resources for only the sickest people. The new program at NewYork-Presbyterian Hospital is an example of how doctors are adapting and loosening normal protocols to ease the strain on emergency rooms and intensive care units in New York state, the epicenter of the coronavirus pandemic in the United States. Since last week, more than 200 people with confirmed or suspected COVID-19, the respiratory illness caused by the virus, have been sent home with a pulse oximeter to track their oxygen levels.

A doctor or nurse practitioner follows up with them via video conference. “Some of these patients might have been on the borderline of admission,” Dr. Rahul Sharma, who is overseeing the program as the chief of emergency medicine at Presbyterian’s Weill Cornell Medical Center, said in an interview. An oximeter is a small electronic device that clips onto a fingertip to indirectly measure the oxygen saturation of a patient’s blood. In severe COVID-19 cases, the virus can block up the lungs, hindering their ability to pass oxygen from the air into the bloodstream. While most who contract the virus recover, it has killed at least 4,900 people in the city, according to a Reuters tally.

Some of the NewYork-Presbyterian patients are also being sent home with a 30lb (14 kg) portable oxygen concentrating machine which sends oxygen-rich air through a nasal cannula, a two-pronged tube inserted into the nostrils. The patient is asked to log their oximeter readings to share with a doctor or nurse practitioner at 12-hour and 24-hour consultations. The patient may be re-admitted to the hospital if they take a turn for the worse.

Read more …

The chloroquine discussion continues. In the meantime, people will continue taking it.

What The Data Really Shows About Two Treatments For COVID-19 (F.)

Hydroxychloroquine (HCQ) is a derivative of chloroquine, and was approved in 1955 as an antimalarial treatment in the United States. More recently, HCQ has been used to treat rheumatoid arthritis and lupus, two autoimmune diseases characterized by a damaging inflammatory response. HCQ’s ability to modulate the inflammatory response is one reason why it’s caught the eye of researchers. Inflammation is the body’s natural response to invasion by bacteria, viruses, or other substances. It’s caused by your immune system “attacking” and destroying infected cells or the foreign bodies directly. But sometimes that response can get out of control. In autoimmune disorders, the body mistakenly attacks itself. In COVID-19, the inflammatory response can be so great that it causes severe damage to the lungs, which is why patients with severe cases often need ventilators.

Surprisingly, how HCQ works to diminish the inflammatory response is not fully understood. Current research suggests that it interferes with the normal functioning of two Toll-like receptors, which are “signaling” proteins that your immune system uses to regulate inflammation. This interference may be why HCQ can work to reduce it. Because HCQ has been used for over half a century, its side effects have been well-documented. Most notably, use, especially long-term use, has been associated with an increased risk of retinopathy, or damage to the retina. Some recent studies have also indicated that it may cause toxic side effects in patients taking other common drugs, such as metformin.

Remdesivir (RDV) was designed by the pharmaceutical company Gilead as a possible treatment for hepatitis C virus and respiratory syncytial virus. Some studies have shown that RDV may also inhibit other viruses that possess an RNA genome, including those that cause Ebola, SARS and MERS. Right now, it looks like RDV is effective because it looks very similar to a chemical that viruses need to reproduce. But when the virus errantly uses RDV, the replication stops. When it comes to the safety of RDV, the data are less clear. In limited human trials, elevated liver enzymes were reported, but a full assessment of its side effects have not been determined.

Read more …

Your happy news for the day.

Miss England Hangs Up Her Crown To Return To Work As A COVID19 Doctor (C24)

Miss England 2019, Bhasha Mukherjee, is hanging up her crown to return to the front-line amid the coronavirus crisis. Last year, while competing in the Miss World pageant, the 24-year-old stepped away from her post as a junior doctor in the medical field, reports People, and shortly after, started doing charity work which was set to go on until later this year. But that all changed when she started receiving messages from her colleagues at the Pilgrim Hospital in Boston in the UK, detailing the extent of the crisis. “When you are doing all this humanitarian work abroad, you’re still expected to put the crown on, get ready… look pretty,” she told CNN, which she said just didn’t feel right anymore.


“I wanted to come back home. I wanted to come and go straight to work,” she said. “I felt a sense of this is what I’d got this degree for and what better time to be part of this particular sector than now.” Bhasha has since returned to the UK from India where she was working as an ambassador for Mercia Lions Club to provide resources to a home for abandoned girls. She will start work in the medical field though after she is done self-isolating in the next two weeks.


Miss England 2019, Bhasha Mukherjee, during the 69th Miss World pageant. Photo: Getty Images.

Read more …

If you would have told anyone this on January 1…

U.S. GDP Will Contract 30% In Second Quarter, 5% In 2020 – PIMCO (R.)

The forced closure of businesses across the United States and surge in unemployment due to the coronavirus pandemic will force U.S. growth to contract by 30% in the second quarter and 5% overall in 2020, Pacific Investment Management Co (PIMCO) wrote on Wednesday. In a blog post, Tiffany Wilding, a North American economist at PIMCO, wrote that evidence from recent jobs reports suggests the unemployment rate may rise as high as 20%. The 30% contraction in growth in the second quarter would likely be followed by two quarters of recovery, Wilding wrote. While two quarters of contraction is shorter than the four recorded in the 2008 financial crisis, the depth of the shock is far greater – quarterly contractions did not rise above 8% during that time.


California-based PIMCO is one of the world’s largest investment firms with $1.91 trillion assets under management as of Dec. 31 2019. “The speed and magnitude of the U.S. labor market disruption has been sharper than any we’ve seen in recent history, suggesting that the decline in overall activity has also likely been much more severe,” wrote Wilding. In spite of the already enormous spate of layoffs, the number of jobs lost is likely to continue to rise as more states close non-essential businesses. The figures are also expected to rise as unemployment offices work through a backlog of claims. Wilding notes that the government’s March employment report showed that layoffs had begun earlier than suggested by weekly unemployment data, and were spread across industries, including healthcare, which PIMCO had expected to remain resilient.

Read more …

Old ideas for new times.

Thinking Outside of the “V” Shaped Recovery Box (RIA)

It seems the entirety of the financial media and many on Wall Street believe a “V” shaped economic recovery is in our future. While we hope they are right, we would be foolish to take such analysis and, quite frankly, unwarranted optimism, at face value. If history teaches us one thing, it is that significant, life-altering events are rarely if ever followed by a quick return to normality. In this article, we raise a few considerations that may make you reconsider popular economic narratives. Today, the importance for investors to think outside of the box cannot be overstated.


Or to put it another way, the parameters of “the box” have likely changed and, if so, we should be cognizant of those changes in our decision making. If the future economic recovery does not resemble the “V” shape that the financial markets are depending on, the stock market may be even more over-valued than we think. To that end, consider the following graph showing where the S&P 500 could trade based on a range of historical valuations.

The COVID-19 Crisis may be short-lived or not. Although it seems as though progress is being made, there is nary a sign that a full-fledged cure or vaccine is at hand. Social distancing and mass closures of commercial enterprise appear to slow the exponential spreading of the virus considerably. While very effective in saving lives, these measures come with immense economic costs. The productive output of the global economy has ground to a near-total halt. As the virus appears to have peaked in Asia and is starting to show signs of peaking in Europe, we are hopeful the U.S. will also peak shortly. Then what? From a health standpoint, the answer depends on whether a cure or vaccine is discovered.


If a cure or vaccine is found and can be produced, distributed, and administered quickly, then mandatory and self-regulated social distancing will end, and people will hopefully resume normal activities. This may be the rationale backing a “V” shaped recovery, but as we discuss later in the article, normal may not be the same normal we knew before February 2020. If the spreading of the virus is significantly curtailed, but there is no cure or vaccine developed, the outcome may be very different. Just ask yourself, are you ready to stand in a crowded elevator, hop on a packed train, or stand shoulder to shoulder with other fans at a sporting event or concert? It is quite likely that in the bleaker scenario with no cure or vaccine, there will be some recovery, but most people will dramatically alter their everyday life. Such a change will radically reshape the outlook for human behavior on a vast scale.

Read more …

How to keep a bubble inflated against all odds.

Americans Not Making Their Mortgage Payments Soar By 1064% In One Month (ZH)

According to the latest Mortgage Bankers Association Forbearance and Call Volume Survey which highlights the “unprecedented, widespread mortgage forbearance already requested by borrowers affected by the spread of the coronavirus”, the total number of loans in forbearance grew to 2.66% as of April 1; just one month ago, on March 2, the rate was 0.25%, or a 1,064% increase in just one month. For loans backed by Ginnie Mae, which serves low- and moderate-income borrowers, the surge was much greater, with total loans in forbearance soaring to 4.25% from 0.19% one month ago. Overall, the MBA reports that total forbearance requests grew by 1,270% between the week of March 2 and the week of March 16, and another 1,896% between the week of March 16 and the week of March 30.


According to Bloomberg, borrowers with relatively low credit scores, many of whom live paycheck to paycheck, are most likely to seek relief. Over the past two years, Ginnie Mae has guaranteed $583 billion of 30-year mortgages with FICO scores below 715, according to data compiled by Bloomberg. However, the longer the coronavirus shutdown lasts, the higher the FICO cutoff for those borrowers unable (or unwilling) to make mortgage payments. “MBA’s survey highlights the immediate relief consumers are seeking as they navigate the economic hardships brought forth by the mitigation efforts to stop the spread of COVID-19,” said Mike Fratantoni, MBA’s Senior Vice President and Chief Economist. “The mortgage industry is committed to providing this much-needed forbearance as mandated by law under the CARES Act. It is expected that requests will continue to skyrocket at an unsustainable pace in the coming weeks, putting insurmountable cash flow constraints on many servicers – especially IMBs.”

[..] lenders – like everyone else – are operating in the dark, with no way of predicting the scope or duration of the pandemic or the damage it will wreak on the economy. If the virus recedes soon and the economy roars back to life, then the plan will help borrowers get back on track quickly. But the greater the fallout, the harder and more expensive it will be to stave off repossessions. “Nobody has any sense of how long this might last,” said Andrew Jakabovics, a former Department of Housing and Urban Development senior policy adviser who is now at Enterprise Community Partners, a nonprofit affordable housing group. “The forbearance program allows everybody to press pause on their current circumstances and take a deep breath. Then we can look at what the world might look like in six or 12 months from now and plan for that.”


But if the economic turmoil is long-lasting, the government will have to find a way to prevent foreclosures – which could mean forgiving some debt, said Tendayi Kapfidze, Chief Economist at LendingTree. And with the government now stuck in “bailout everyone mode”, the risk of allowing foreclosures to spiral is just too great because it would damage financial markets and that could reinfect the economy, he explained. “I expect policy makers to do whatever they can to hold the line on a financial crisis,” Kapfidze said hinting at just a trace of a conflict of interest as his firm may well be next to fold if its borrowers declare a payment moratorium. “And that means preventing foreclosures by any means necessary.”

Read more …

The estate is trying to protect Ghislaine.

Virgin Islands At Odds With Epstein Estate Over ‘Broad’ Liability Releases (R.)

Women who say they were abused by deceased financier Jeffrey Epstein should not be required to sign broad liability waivers in order to get payouts from his estate, the attorney general of the U.S. Virgin Islands said on Wednesday. The office of Attorney General Denise George said in a statement that the estate was demanding the “broad releases,” which would shield not only the estate but potentially other individuals from legal liability, as part of a proposed victim compensation fund. A spokeswoman for George said people covered by the releases could include anyone linked to Epstein who was involved in trafficking or abusing girls. “With this demand still in place, the Fund cannot ensure a fundamentally fair and legally sufficient process for victims who choose to participate,” the attorney general said.


George’s office has asked the Virgin Islands probate court, which is overseeing the estate, to resolve the dispute. The estate was valued at $636.1 million before the recent global market plunge. [..] George sued the estate in January, saying Epstein’s sexual misconduct there stretched from 2001 to 2018 and included raping and trafficking in dozens of women and girls. At least two dozen Epstein accusers have filed civil lawsuits against the estate. Some named Epstein’s friend Ghislaine Maxwell and other alleged enablers of Epstein’s abuses as defendants. Ghislaine, whose whereabouts are currently unknown, has denied the allegations against her.

Read more …

It’s as simple as that.

Vindictive Court Rulings Prove British State Wants Assange Dead (WSWS)

In a London court hearing yesterday, District Judge Vanessa Baraitser declared that the extradition show trial of Julian Assange will proceed in May, despite the fact that Britain is under a national lockdown and the coronavirus pandemic is rapidly spreading through the country’s prison system. Baraitser’s ruling was the second in a fortnight that places Assange’s life and safety in jeopardy and underscores the travesty of justice being perpetrated against him. On March 25, she rejected an application for bail made by Assange’s legal team, which detailed the “very real” and potentially “fatal” threat posed to his health by the coronavirus pandemic. Assange is currently held on remand in London’s maximum-security Belmarsh Prison.


[..] In an open letter last month, Doctors for Assange wrote: “Julian Assange’s life and health are at heightened risk due to his arbitrary detention during this global pandemic. That threat will only grow as the coronavirus spreads.” Speaking for the group, Dr. Stephen Frost told the World Socialist Web Site: “Mr. Assange must be assumed by doctors to be severely immunocompromised and therefore at greatly increased risk of contracting and dying from coronavirus in any prison, but especially in a prison such as Belmarsh. Every extra day Mr. Assange is incarcerated in Belmarsh prison constitutes an increased threat to his life.”

Read more …

I’m thinking the NYT, WaPo, CNN hugely prefer four more years of Trump over four dull Biden years. There’s no money for them in Biden.

Democrats Salivate Over Obama Coming Off Sidelines (Hill)

The decision by Sen. Bernie Sanders (I-Vt.) to suspend his campaign means former President Obama is about to get back into the political spotlight. Sources close to Obama and Biden say the two men have spoken “quite frequently,” as one put it, in recent days as Biden pivots to the general election. Obama has also spoken to Sanders in recent days, according to two sources with knowledge of the conversations. The former president has stayed out of the Democratic primary, but sources say he is anxious to endorse his former vice president, Joe Biden, and become an active player in the general election campaign against President Trump. Democrats across the country are also ready for his entry.

“IT IS TIME,” Doug Landry, a former Hillary Clinton aide, wrote Wednesday, tweeting a cartoon image of Obama as superman. “RELEASE THE SUPER SURROGATE.” Sources say the former president is ready but that he and Biden are also conscious of the coronavirus pandemic dominating the country and changing the nature of politics. Biden actually spoke by phone with Trump on Monday to discuss the pandemic, and Sanders made it clear that the spreading virus was one reason he ended his campaign on Wednesday despite the urgings of some supporters to continue. “He’s eager to go,” said one source close to Obama. “He’s been waiting for this election for almost four years.”

The pandemic also affects the basics of campaigning. Large rallies and handshakes are impossible, and Biden has been working for the last several weeks from his basement recreation room. “Like everyone else, Obama is going to have to appear on video or on television, but the biggest question is how?” one source said. “That’s all being ironed out.” Sources on both sides said they expect Obama — and former first lady Michelle Obama — to begin to appear in upcoming virtual fundraisers to help build excitement around Biden’s campaign and activate some bundlers who remained on the sidelines until now. “No one has heard from him in a long time, and people will pay a lot of money to hear from him, even on a computer,” one longtime Obama ally said.

Read more …

 

It must be possible to run the Automatic Earth on people’s kind donations. These are no longer the times when ads pay for all you read, your donations have become an integral part of the process.

Thanks everyone for your generous donations.

 

 

 

 

 

 

 

Support the Automatic Earth in virustime. It’s good for your health.

 

Apr 052020
 


Pietro Lorenzetti Jesus enters Jerusalem 1320 (Basilica of St Francis of Assisi)
“And when he was come into Jerusalem, all the city was stirred, saying, Who is this? And the multitudes said, This is the prophet, Jesus, from Nazareth of Galilee.” – Matthew 21:10-11 #PalmSunday

 

Getting Your Head Around Exponential Growth (Steve Keen)
Reporting Estimated Rather Than Confirmed Infections Might Save Lives (M.)
Japan To Boost Avigan Drug Stockpile As Part Of Coronavirus Stimulus (R.)
Mainland China Sees Rise In New Coronavirus Cases (R.)
Researchers May Have Found Coronavirus’ Achilles’ Heel (NYP)
Landlords Cancel Rent for Tenants So They Can Buy Food, Pay Employees (AN)
Tucson Hospital On The Brink Of Closure Because Of COVID19 Costs (AZC)
I Found The Source (ZH)
China Floods Europe With Defective Medical Equipment (Kern)
Turkey Seizes Hundreds Of Ventilators Paid For By Spain (Ind.)
US Blockade Prevents Medical Supplies From Reaching Cuba (TeleSur)
Prosecutors Want Delay In Michael Flynn Case, Defense Seeks Dismissal (SAC)
Show Typical British Resolve, Queen To Tell Nation (R.)
Prince Andrew Will Reportedly Not Be Interviewed In Epstein Documentary (G.)
Julian Assange “Not Eligible” For Early COVID19 Release – UK (CN)
Boomer Elegy (Kunstler)

 

 

Coronavirus update, New York City:

– 4,561 new cases in last 24 hours
– 124,652 tests performed
– 60,850 tested positive
– 25,029 under age 45
– 2,254 deaths
– 12,716 hospitalized

Countries to keep an eye on: France, UK!, Turkey, Belgium,. Portugal, Brazil, Romania, Poland, Saudi Arabia, Indonesia, Mexico.

 

 

Cases 1214487 (+ 83,912 from yesterday’s 1,130,575)

Deaths 65605 (+ 5,477 from yesterday’s 60,128)

 

 

 

From Worldometer yesterday evening -before their day’s close-

 

 

From Worldometer -NOTE: mortality rate for closed cases is at 21% !

 

 

From SCMP:

 

 

From COVID2019Info.live:

 

 

 

 

I suspect the lack of understanding of the exponential function may lead to many people saying more people die of normal flu.

Getting Your Head Around Exponential Growth (Steve Keen)

A lot of people still don’t seem to get the concept of exponential growth, even though we’ve had over two months of watching an exponential process unfold with the Coronavirus. I hope some simple illustrations using current data might help. John Hopkins University is doing an excellent job of collating the cumulative number of cases reported around the world with its GIS database Coronavirus COVID-19 Global Cases by the Center for Systems Science and Engineering (CSSE) at Johns Hopkins University (JHU). They’ve made the raw time series data available too. Aggregated to the world level, this is what cumulative COVID-19 cases looked like as of late on April 4th:

This is simply the total number of recorded cases, which includes tested cases where the carrier has only mild symptoms, people who got the disease way back when it began and have since recovered, those who have died, those who are still in intensive care, etc. The global total was just over 1.2 million on April 4th. A simple regression of this data onto an exponential function yields the prediction that, if the rate of transmission and the rate of doubling of the disease reflects what has happened to date from January 21st, when the JHU time series begins, in a week’s time there will be twice as many cases: 2.5 million compared to today’s 1.2 million.

That’s a lot of cases, but it’s still way short of the total world population of about 7.5 billion. It took about ten weeks to go from 555 cases (the number recorded on January 21st at the start of this data series) to over 1 million. How long will it take to get to a significant number compared to the planet’s population—say, half a billion cases? It will take about another 8 weeks.

The red line in each of these graphs is the same red line. Now only a fraction of those infected are going to be current cases—basically, those who were identified in the preceding 2-4 weeks—and only a fraction of those—perhaps about 20%–are going to require hospitalization. But that’s still a huge number of people, far more than can be handled in the world’s emergency medical facilities. This is why this disease is not “just another flu”. It is far more contagious (and we also don’t have any innate resistance to it). We have to “Flatten the curve”, we can’t cope with the number of cases doubling every week, as is the case now.

Read more …

True at heart, but he does not explain how.

Reporting Estimated Rather Than Confirmed Infections Might Save Lives (M.)

Day after day we see startling and quickly rising numbers of confirmed COVID-19 infections. They’re scary. But the true scope of the pandemic is almost certainly scarier. Confirmed cases represent only a fraction of the real spread. In most communities, only the sickest patients are being tested so most people with mild symptoms and those that are asymptomatic go untested and unreported. The real number of people who have been infected by the virus almost certainly dwarfs the cases we know about. And the public winds up with a distorted picture of how prevalent the virus is, often tragically. When there is exponential growth, every unreported case matters even more, as a handful cases can quickly grow to thousands within a few weeks.

And it’s doubtful that most people recognize how seriously confirmed cases underreport the real situation. Knowing that there are ten confirmed cases in your neighborhood now doesn’t mean there are only ten cases that you can come in contact with. The reality could well be that there are actually a hundred cases, ten that were tested and confirmed, fifty that have not yet shown symptoms and not yet been tested, another forty that have been tested and still are waiting on their results. In just a few days, that total could as much as double, depending on the county you live in, because of the speed at which the disease tends to spread. (Right now, the number of confirmed cases in New York city is doubling every two and a half days).

Armed with estimates of the actual scope of the problem from expert epidemiologists, far fewer people would engage in unsafe behavior. If this more useful information were being reported, the beaches during spring break might have been emptier. We can’t get past this until we have had stringent lockdowns for long enough for our healthcare workers to catch up. And we can’t expect citizens to respect stringent lockdown orders unless they have clear and accurate information, not just the data that are most conveniently available. That means getting accurate estimates out is critical. We urge governments and epidemiologists to start publishing estimates of current cases, which would include both confirmed and not yet discovered infections, and we urge the media to start asking for them–and reporting them, daily.

Some of the groundwork is already in place in models that project deaths based on factors such as population density, current testing capacities and methodologies, false negative rates, death rates (and criteria for reporting them), and mitigation strategies. By deriving estimates of currentcases from these models and making those estimates more explicit, and widely available, we can help people and governments make better decisions. No one single estimate will be perfect, but without any readily available sources, we are running almost entirely blind.

Read more …

Japan will rebuild its own medicine industry to move away from China. So will many other countries.

Japan To Boost Avigan Drug Stockpile As Part Of Coronavirus Stimulus (R.)

Japan is considering increasing the stockpile of Fujifilm Holding Corp’s Avigan anti-flu drug during this fiscal year so it can be used to treat 2 million people, according to a planning document seen by Reuters. Local media reported on Sunday that Japan was hoping to triple the production of the drug from current levels, which is enough to treat 700,000 people if used by coronavirus patients. Avigan, also known as Favipiravir, is manufactured by a subsidiary of Fujifilm, which has a healthcare arm although it is better known for its cameras. The drug was approved for use in Japan in 2014. Avigan is being tested in China as a treatment for COVID-19.


In the emergency stimulus package expected to be rolled out on Tuesday, the government also planned to prioritise the clinical trial process of the drug so it can be formally approved to be used in treating coronavirus patients. According to the document, Japan also plans to boost subsidies to domestic companies that supply masks and disinfectants and will secure enough capacity to supply 700 million masks a month. The Nikkei newspaper reported on Sunday that in efforts to reduce its dependence on China as its manufacturing hub, it will subsidise companies that will move some of their production facilities back to Japan.

Read more …

They’ll find way to hide them again.

Mainland China Sees Rise In New Coronavirus Cases (R.)

Mainland China reported 30 new coronavirus cases on Saturday, up from 19 a day earlier as the number of cases involving travellers from abroad as well as local transmissions increased, highlighting the difficulty in stamping out the outbreak. The National Health Commission said in a statement on Sunday that 25 of the latest cases involved people who had entered from abroad, compared with 18 such cases a day earlier. Five new locally transmitted infections were also reported on Saturday, all in the southern coastal province of Guangdong, up from a day earlier. The mainland has now reported a total of 81,669 cases, while the death toll has risen by three to 3,329.


Though daily infections have fallen dramatically from the height of the epidemic in February, when hundreds of new cases were reported daily, Beijing remains unable to completely halt new infections despite imposing some of the most drastic measures to curb the virus’ spread. The so-called imported cases and asymptomatic patients, who have the virus and can give it to others but show no symptoms, have become among China’s chief concerns in recent weeks. The country has closed off its borders to almost all foreigners as the virus spread globally, though most of the imported cases involve Chinese nationals returning from overseas.

Read more …

Or they may not. No lack of aspiration.

Researchers May Have Found Coronavirus’ Achilles’ Heel (NYP)

There may be some good news on the coronavirus horizon, as Scripps Research reported it may have found COVID-19’s Achilles heel. The research shows a specific area of the virus could be “targeted with drugs and other therapies, a finding that also could help with the development of a vaccine,” according to the San Diego Tribune. The targeted area, according to biologist Ian Wilson, who led the scientific team, “is crucial to spreading the highly contagious virus, and … its composition suggests that it would be vulnerable to drugs.” The discovery was published Friday in the journal Science and comes as scientists globally are working feverishly to find a vaccine or cure for the pandemic that has devastated global markets and caused more than 63,000 deaths worldwide.


An antibody taken from a SARS patient years earlier was used in the discovery, as researchers realized it had attached itself to a specific part of the virus, and were able to repeat the phenomenon with COVID-19, helping to identify a coronavirus weakness, according to the report. “That high degree of similarity implies that the site has an important function that would be lost if it mutated significantly,” Scripps Research said in a statement Friday. Sadly, the weak spot isn’t easy to find. “We found that this (spot) is usually hidden inside the virus, and only exposed when that part of the virus changes its structure, as it would in natural infection,” Wilson’s colleague, Meng Yuan, said in a statement.

Read more …

Saw this yesterday but it was in the New York Times, and we don’t cover that rag around here. But good on the landlords, and may many more be inspired.

Landlords Cancel Rent for Tenants So They Can Buy Food, Pay Employees (AN)

In the United States, many people who live paycheck to paycheck are worried that they won’t be able to afford housing or basic necessities during the shutdown. There has been a freeze on mortgages in most places, but these conditions overlook renters, who are often-times the most vulnerable. Many renters and activists across the country have called for a rent strike for the month of April, but some landlords have taken it upon themselves to help out their tenants. Mario Salerno, of Brooklyn, New York, owns 18 apartment buildings, and has told his renters to not worry about paying rent during the shutdown, but to instead make sure that all of their other needs are covered. Salerno told the New York Times that his main concern is the health of his tenants.


He said he had about 200 to 300 tenants in total, and estimates that he will lose hundreds of thousands of dollars in income during the month of April. Salerno isn’t the only one, this type of rent forgiveness is happening across the country. A landlord in Jonesboro, Arkansas, made a post on social media last month saying that his company would not expect its restaurants to pay rent during the shutdown, and suggested that they continue to pay their employees instead. Young Investment Company owns properties that are home to some of the area’s most popular restaurants, including Eleanor’s Pizzeria, Roots, Main Street Coffee, The Parsonage, and City Wok. Property owner Clay Young said that all small businesses are suffering right now and he did not want to put more pressure on them during this difficult time.

Read more …

If this doesn’t signal the end of the health care for profit model, nothing will.

“All hospitals are going to need some economic relief very, very soon.”

Tucson Hospital On The Brink Of Closure Because Of COVID19 Costs (AZC)

Leaders of a small, regional hospital south of Tucson say they are on the brink of closing because of costs associated with the COVID-19 pandemic. “We need economic relief to keep functioning,” Kelly Adams, CEO of the 49-bed Santa Cruz Valley Regional Hospital, told The Arizona Republic. “There’s a revenue problem. … All hospitals are going to need some economic relief very, very soon.” One of the problems, Adams explained, is that elective surgeries have been canceled as a result of an executive order by Arizona Gov. Doug Ducey in anticipation of a surge of patients ill with COVID-19, the disease caused by the new coronavirus.

The cancellation of surgeries means less revenue coming in from patients at a time when the hospital is trying to comply with another executive order from Ducey — that all Arizona hospitals by April 24 increase their number of patient beds by 50 percent. Increasing bed capacity is adding additional expenses at a time when the hospital has very little revenue, Adams explained. Overall hospital volume is down by about 40% not only because of halting surgeries, leaders say, but also because members of the community fear visiting a hospital where they could potentially be in proximity to COVID-19.

Leaders say the hospital is pursuing various funding sources to get relief. But the need is urgent, said Patrick Feeney, a managing director with California-based Lateral Investment Management, which owns the hospital. “This isn’t just about our hospital. Hospitals cannot function profitably in this environment, which is why we’re all awaiting money from the government,” he said. “If you want me to increase our bed capacity by 50%, how am I going to do that? It’s going to cause me to shut our doors.”

Read more …

On February 2, over two months ago, which is an eternity especially in virustime, I described all this in The Party and the Virus.

But holding the CCP accountable? With 100,000s of lives and $10 trillion in damages? Don’t think so. Whether it was intentional or not.

I Found The Source (ZH)

“After living and working in China for over 10 years and speaking fluent Chinese, you get to know a society pretty well… and let me tell you this – if you’re applauding or admiring the political leadership of China, you’re all deluded beyond belief.” That is how “laowhy86” begins this succinct video exploring the ‘facts’ – not conspiracies – behind the source of the coronavirus that is ravaging the earth. “China doesn’t operate like ‘your’ country,” he warns, “the Chinese government is a face- and greed-driven government that relies on lies and bullying to maintain leadership.” [..] laowhy86 notes that another job opening appeared on December 24th (remember this is before any news broke of the virus publicly), which basically says ‘we’ve discovered a new and terrible virus and would like to recruit people to come deal with it’…[..]

So, he decided to dig a little bit more into the staff… and that’s where it gets interesting… as he discovers silenced scientists, disappeared doctors, and constant propaganda… “…it’s quite clear that the Chinese government needs to close its mouth and acknowledge that this virus did in fact come from Wuhan, Hubei, China.” [..] this is all public information on the Chinese internet published by researchers, scientists, and doctors.” [..] “Despite the CCP’s all-powerful ability to hide everything it can, the truth usually finds its way out – the Chinese government should cover their tracks better next time if they’re going to blame this on Italy or the US or whatever is convenient to your narrative.”

“…the CCP’s incompetence and its understanding of the danger of the virus on a pure scientific level – and then going on to silence those who wanted to warn the public… and letting the virus spread for months… is the reason the Chinese government must be held accountable!”

Read more …

Oh well, as I said yesterday: dependence on China is no longer acceptable.

China Floods Europe With Defective Medical Equipment (Kern)

[..] In Spain, the Ministry of Health revealed that 640,000 coronavirus tests that it had purchased from a Chinese supplier were defective. In addition, a further million coronavirus tests delivered to Spain on March 30 by another Chinese manufacturer were also defective. The Czech news site iRozhlas reported that 300,000 coronavirus test kits delivered by China had an error rate of 80%. The Czech Ministry of Interior had paid $2.1 million for the kits. A spokesperson for a hospital in Dutch city of Eindhoven said that Chinese suppliers were selling “a lot of junk… at high prices.” “No. 10 [the residence of the British prime minister] believes China is seeking to build its economic power during the pandemic with ‘predatory offers of help’ to countries around the world.” — The Daily Mail, March 28, 2020.

“The brutal truth is that China seems to flout the normal rules of behavior in every area of life — from healthcare to trade and from currency manipulation to internal repression. For too long, nations have lamely kowtowed to China in the desperate hope of winning trade deals. But once we get clear of this terrible pandemic, it is imperative that we all rethink that relationship and put it on a much more balanced and honest basis.” — Former UK Conservative Party leader Iain Duncan Smith.

[..] On March 28, the Netherlands was forced to recall 1.3 million face masks produced in China because they did not meet the minimum safety standards for medical personnel. The so-called KN95 masks are a less expensive Chinese alternative to the American-standard N95 mask, which currently is in short supply around the world. The KN95 does not fit on the face as tightly as the N95, thus potentially exposing medical personnel to the coronavirus. More than 500,000 of the KN95 masks had already been distributed to Dutch hospitals before the recall was enacted. “When the masks were delivered to our hospital, I immediately rejected them,” a hospital worker told the Dutch public broadcaster NOS. “If those masks do not seal properly, the virus particles can simply pass through. We cannot use them. They are unsafe for our people.”

In a written statement, the Dutch Ministry of Health explained: “A first shipment from a Chinese manufacturer was partly delivered last Saturday. These are masks with a KN95 quality certificate. During an inspection this shipment was found not to meet our quality standard. Part of this shipment had already been delivered to healthcare providers; the rest of the cargo was immediately withheld and not further distributed. “A second test also showed that the masks did not meet our quality standard. It has now been decided that this entire shipment will not be used. New shipments will undergo additional tests.”

Read more …

Everybody’s anxious to make friends.

Turkey Seizes Hundreds Of Ventilators Paid For By Spain (Ind.)

Turkey was accused of seizing hundreds of ventilators and sanitary equipment destined for Spain amid the escalating coronavirus pandemic. Spanish officials said Ankara was holding the ventilators for “the treatment of their own patients”, despite local governments in Spain having already paid millions for them. In a press conference on Friday, Spain’s foreign affairs minister, Arancha Gonzalez Laya, appeared to admit defeat in her attempts to convince her Turkish counterpart to release the ventilators in the coming days. “Turkey has imposed restrictions on the export of medical devices, motivated by the need for medical supplies,” she said, according to Spanish national media. Late on Saturday, however, Ms Laya announced Turkey would allow the shipment to make its way to Spain.


Thanking Turkey’s foreign minister, Mevlut Cavusoglu, Ms Laya tweeted: “We appreciate the gesture of a friendly and allied country.” Spanish newspaper El Mundo on Friday reported the ventilators were manufactured in Turkey on behalf of a Spanish firm that bought the components from China. Three Spanish regions, Castilla-La Mancha, Navarre and Catalonia, had bought the ventilators, the newspaper reported, while the shipment also featured sanitary materials paid for by the country’s health ministry. But before the equipment could be flown out, Turkish customs intervened. Emiliano Garcia-Page, Castilla-La Mancha’s president, said Turkey has “unilaterally decided to requisition” 150 ventilators it had already paid €3m for. He added he expected the national government to issue a diplomatic complaint about the issue, which he said was “bordering on criminality”.

Read more …

Cuba has sent doctors to 14 different countries in the corona fight. The problem with the blockades and sanctions at this point, whether it’s Iran, Venezuela or Cuba, is that people won’t forget.

US Blockade Prevents Medical Supplies From Reaching Cuba (TeleSur)

Cuba was unable to receive a plane with medical supplies and aid from China on March 31 because of the U.S. blockade. The resources were sent by the Chinese entrepreneur and philanthropist Jack Ma. According to the official Twitter profile of the Cuban President, Cuba announced that the donation of medical supplies from the Alibaba Foundation to the Island-Nation to combat the COVID19 has not been able to arrive due to the regulations of the criminal blockade of the United States government against our people. The President of Cuba, Miguel Díaz-Canel Bermúdez, also said this fact is an aggression against the human rights of the Cuban people. Jack Ma, a Chinese entrepreneur and founder of Alibaba, allocated a donation of masks, rapid diagnostic kits, and ventilators.

This aid was intended for the patients affected by COVID-19 and the medical staff on the island. On March 22, the businessman announced this shipment, which was to arrive at its destination on the 30th. “One world, one fight! We will donate emergency supplies – 2 million masks, 400K test kits, 104 ventilators – to 24 Latin American countries including Argentina, Brazil, Chile, Cuba, Ecuador, Dominican Republic, and Peru. We will ship long-distance, and we will hurry! WE ARE ONE!” Ma also announced extra supplies in the donative, like ventilators, disposable gloves, and medical gowns. However, due to Helms-Burton Law, the airship with the donatives was unable to arrive in Cuba under the argument that “the regulations of the economic, commercial and financial blockade imposed against the country of destination.

[..] Cuba is facing the COVID-19 threat on its territory, with 186 confirmed positive cases and 2,837 suspected patients. Besides, the Caribbean island provides medical assistance to more than 14 countries.

Read more …

“The FBI and DOJ made up this ‘case,’ threatened to indict his son the next day if he did not plead guilty, hid–and are still hiding–the evidence that shows he is innocent, and they knew that all along..”

Prosecutors Want Delay In Michael Flynn Case, Defense Seeks Dismissal (SAC)

Justice Department prosecutors in the case against former National Security Advisor Michael Flynn are asking the court for an additional three weeks continuance on the case, citing the review of “voluminous” documents submitted by Flynn’s former legal team that represented him for a span [of]30 months. The status report was filed by prosecutors Friday in anticipation of a scheduled hearing on April 3. Justice Department prosecutors stated in the status report that the documents provided by Flynn’s former legal counsel with Covington and Burling “are voluminous, span numerous topics that arose during Covington’s 30-month representation of Mr. Flynn, and include many pages of sometimes difficult-to-decipher handwritten notes.”

[..] In February, Attorney General William Barr ordered a re-examination of several high-profile cases, including Flynns. The re-examination of Flynn’s case will be headed by U.S. Attorney Jeffrey Jensen of St. Louis. According to sources familiar with the matter, Jensen will be working with Brandon Van Grack, who is the former prosecutor that pursued the case against Flynn during Robert Mueller’s Special Counsel investigation. In March, President Donald Trump tweeted he was ‘strongly considering’ a pardon Flynn. He said “after destroying his life & that of his wonderful family (and many others also) the FBI, working in conjunction with the Department of Justice has lost” his records.

Flynn’s defense attorney Sidney Powell told this reporter that Flynn “would wear a pardon like a badge of honor.” She cautioned, however, that the DOJ should intervene before a pardon is even necessary. Powell filed a supplemental motion to withdraw his guilty plea in January. In it, she cited the failure of his previous counsel, Covington and Burling, to timely, fully and correctly advise him of the firm’s ‘conflict of interest in his case’ regarding the Foreign Agents Registration Act form it filed on his behalf. Moreover, she argues that the conflict was so severe the firm was required to withdraw from the matter. He could not consent.

In fact, in Powell’s supplemental motion filed in January, she argued that Flynn’s former counsel “betrayed” him. Powell filed the motion to withdraw his plea just days after Flynn’s prosecutors made a major reversal asking the court to put Flynn in jail for up to six months. Shortly after, prosecutors reversed the jail time recommendation. [..] Powell told SaraACarter.com Friday that “as the government seeks an additional three weeks to work with Covington and Burling LLP against General Flynn, we are reminded again of this egregious injustice against an American hero.”

“The FBI and DOJ made up this ‘case,’ threatened to indict his son the next day if he did not plead guilty, hid–and are still hiding–the evidence that shows he is innocent, and they knew that all along,” she added. “Clapper and Brennan and others knew that Flynn intended to audit and clean out the corrupt intelligence agencies. They and the FBI targeted him to destroy with this false prosecution. Every day the government delays in dismissing this persecution is a disgrace for anything called “Justice” and an enormous waste of taxpayer dollars.”

Read more …

She means the resolve to keep both Prince Andrew and Julian Assange from facing justice. From a symbol to a useless old woman. Who’s doing terribly damage to her entire family in the process. You can no longer take yourself serious AND support these inbreeds anymore. She’s a accomplice to her son’s crimes; she’s denying his victims even just their day in court.

Show Typical British Resolve, Queen To Tell Nation (R.)

Queen Elizabeth will call on Britons to show the same resolve as their forebears and take on the challenge and disruption caused by the coronavirus outbreak with good-humoured resolve when she makes an extremely rare address to rally the nation on Sunday. In what will only be her fifth special televised message to the country during her 68 years on the throne, the queen will also thank healthcare workers on the front line and recognise the pain already suffered by some families. “I hope in the years to come everyone will be able to take pride in how they responded to this challenge. And those who come after us will say that the Britons of this generation were as strong as any,” the 93-year-old monarch will say, according to extracts released by Buckingham Palace.


“That the attributes of self-discipline, of quiet good-humoured resolve and of fellow-feeling still characterise this country.” On Saturday, the government said the death toll of those who had tested positive for the virus rose by 708 in 24 hours to 4,313, with a 5-year-old among the dead, along with at least 40 who had no known previous health conditions. Health officials have cautioned that high fatalities were expected for at least another week or two even if people complied with strict isolation measures.

Read more …

It’s not about the documentary, it’s about the Law. In the days of #MeToo, the Queen of England decides to hide a sexual predator in her home. Signaling that the law does not apply to her family.

Prince Andrew Will Reportedly Not Be Interviewed In Epstein Documentary (G.)

Prince Andrew will reportedly not agree to be interviewed for a forthcoming documentary about the financier and sex offender Jeffrey Epstein. The Duke of York has been repeatedly criticized for associating with Epstein, who died in custody in New York following his July 2019 arrest on sex trafficking charges. According to the Daily Mirror, Andrew was “formally asked” to appear in Surviving Jeffrey Epstein, a four-hour Lifetime production slated for release this summer to follow the channel’s similarly titled films about the singer R Kelly. The British paper quoted an unidentified Los Angeles-based source as saying: “Andrew has been asked to appear to discuss his friendship, but there has been no formal response.”

The reports come some four months after Andrew’s own disastrous BBC Newsnight interview, which was followed by his withdrawal from public duties and patronages. An Epstein accuser, Virginia Roberts Giuffre, alleges that Epstein directed her to have sex with Andrew when she was 17. Andrew has categorically denied all claims of wrongdoing and maintains that he has “no recollection” of meeting Roberts Giuffre, although he was photographed with his arm around her. [..] The Mirror quoted its source as saying Andrew’s “legal team have told him to conduct no more interviews after he spoke to the BBC”. “There is a concern anything he says on tape or camera becomes potential legal material for the many civil cases facing Epstein, and FBI questions regarding Andrew. Essentially all allegations that mention Andrew within the context of Epstein will be dealt with by his lawyers.”

[..] In November, Andrew said he was “willing to help any appropriate law enforcement agency with their investigations if required”. But he has been accused of refusing to cooperate with US authorities investigating Epstein, who in 2008 pleaded guilty to soliciting a minor for prostitution. “Contrary to Prince Andrew’s very public offer to cooperate with our investigation into Epstein’s co-conspirators, an offer that was conveyed via press release, Prince Andrew has now completely shut the door on voluntary cooperation and our office is considering its options,” Manhattan US attorney Geoffrey Berman told reporters in March, revisiting a claim made in January. Buckingham Palace said then it would not comment and said “the issue is being dealt with by the Duke of York’s legal team”.

Read more …

The land of utter stinking weasels has found another loophole: “Julian Assange is not eligible for an early Covid-19 release because he is not serving a criminal sentence.”

Julian Assange “Not Eligible” For Early COVID19 Release – UK (CN)

Imprisoned WikiLeaks publisher Julian Assange is not eligible for an early Covid-19 release from prison with other inmates because he is not serving a criminal sentence, the Australian Associated Press has reported. British Justice Secretary Robert Buckland said Saturday that some low-risk inmates, weeks from release, will be let go with monitoring devices to help avoid a further outbreak of Covid-19 in the nations’ prisons. So far 88 prisoners and 15 staff have tested positive for the virus in British prisons. More than 25 percent of the nations’ prison staff are quarantining themselves. “This government is committed to ensuring that justice is served to those who break the law,” Buckland said in a statement.


“But this is an unprecedented situation because if coronavirus takes hold in our prisons, the NHS could be overwhelmed and more lives put at risk.” The Ministry of Justice told the AAP that Assange won’t be among those released because he isn’t serving a custodial sentence. In other words, because he has not been convicted of a crime, and is instead only being held on remand pending the outcome of the U.S. extradition request, he must remain in Belmarsh prison with high-risk inmates–the most serious and hardened criminals. The Daily Maverick reported this week that there is one other prisoner on remand in Belmarsh, who would presumably also be left to rot in the jail as the virus spreads throughout the British prison system.

Read more …

The days that are over.

Boomer Elegy (Kunstler)

My stepfather, the man who raised me, was an interesting specimen of that gen. Fresh out of college in Boston, he joined the army, became a lieutenant, and by-and-by found himself trapped in the German offensive through the Ardennes Forest, known as the Battle of the Bulge. Unlike some WW2 vets, he was willing to talk about his experiences. His most vivid memory was the difference between the sound of American and German machine guns. Ours went rat-a-tat-tat, theirs went zzzzzzzap, he said, like you couldn’t even detect the interval between the bullets coming at you. It scared the piss out of his men, not a few of whom were cut to pieces. My stepfather merely caught several chunks of shrapnel in his arm and thigh, and was still on the scene when Germany finally surrendered in May, 1945.

He was awarded a silver star for valor, but never bragged on it. (My mother barely participated in my upbringing, but that’s another story.) He went straight to New York City when it was over. His gen’s victory dance was to get straight to work in the economic bonanza just revving up — because the war had happened elsewhere and all our stuff was intact, ready to re-start, to make and sell anything under the sun to the shattered rest-of-the-world, and lend them money to buy it — quite an opportunity for young men highly disciplined and regimented from their recent travails of war.

My stepfather became a classic Mad Man, as in the TV series, working in media, publishing, and PR, a hard-drinking cohort of mostly military vets who would knock down three martinis over lunch with clients (a nearly inconceivable feat, actually, when you think about it), but that showed what the war had done to the soldiers who survived. He died from it at barely sixty, and from smoking two packs of Camel straights a day, another habit of battle. We Boomer boys had his war as movies and comic books: Sergeant Rock and John Wayne on the beach at Iwo! We had all the fruits of that postwar bonanza. We had Disneyland, the 1964 World’s Fair, the Carousel-of-Progress, and Rock Around the Clock. We eventually had a war of our own, Vietnam, but it was optional for college kids. I declined to go get my ass shot off, of course.

Read more …

 

It must be possible to run the Automatic Earth on people’s kind donations. These are no longer the times when ads pay for all you read, your donations have become an integral part of it. It has become a two-way street; and isn’t that liberating, when you think about it?

Thanks everyone for your wonderfully generous donations over the past days.

 

 

26% of the population of Milwaukee is black:

 

 

 

 

 

The EU and its hardest stricken member countries:

 

 

 

Support us in virustime. Help the Automatic Earth survive. It’s good for you.

 

Apr 042020
 


Anonymous

 

This Crisis Is A Turning Point In History (John Gray)
Asian Development Bank Says Pandemic Could Cost $4.1 Trillion (UPI)
The Keys To Reopening America (BI)
At Least 8 Strains Of The Coronavirus Have Been Identified (Hill)
NY Funeral Homes Struggle As Virus Deaths Surge (AP)
US Doctors On Coronavirus Frontline Seek Protection From Malpractice Suits (R.)
Russian Ventilators Sent To US Made By Firm Under US Sanctions (R.)
US Snatches Masks From Germany In Act Of ‘Modern Piracy’ – Berlin (RT)
US Dairy Farmers Dump Milk As Pandemic Upends Food Markets (R.)
US AG Barr Orders Release Of More Federal Inmates (R.)
Ankle Monitors Ordered For Kentucky Residents Refusing Quarantine (Hill)
The COVID19 Crisis Locked Airbnb Out Of Its Own Homes (G.)
Trump Firing Inspector General Who Flagged Whistleblower Complaint (NBC)
Trump Names White House Lawyer As Watchdog Over Coronavirus Bailout (Solomon)
Translator Exonerated Don Jr. In Trump Tower Meeting (Solomon)
Monsanto Predicted Crop System Would Damage US Farms (G.)
Monsanto & BASF Knew For Years Their Products Destroy US Farms (RT)

 

 

Lots of dry facts today, got to do it. Many people trying to do predictions, but 99% of that is nonsense based on faulty models. People need things, theories, ideas, to drive the spirits of doom from their idle heads. That’s why we need the dry facts, so we don’t get caught up in all that stuff.

 

 

Cases 1,130,575 (+ 100,394 from yesterday’s 1,030,181)

Deaths 60,128 (+ 5,934 from yesterday’s 54,194)

 

 

 

From Worldometer yesterday evening -before their day’s close-. Note: New York with over 100,000 cases would be third after Italy and Spain

 

 

From Worldometer -NOTE: mortality rate for closed cases is at 20% –

 

 

From SCMP:

 

 

From COVID2019Info.live:

 

 

 

 

From covid19.healthdata.org: (A different set of data of projections specific for the US)

 

 

 

 

 

 

 

 

I have little patience for people who pretend they can see the future from their homes today, but I’ll always make an exception for John Gray.

This Crisis Is A Turning Point In History (John Gray)

The deserted streets will fill again, and we will leave our screen-lit burrows blinking with relief. But the world will be different from how we imagined it in what we thought were normal times. This is not a temporary rupture in an otherwise stable equilibrium: the crisis through which we are living is a turning point in history. The era of peak globalisation is over. An economic system that relied on worldwide production and long supply chains is morphing into one that will be less interconnected. A way of life driven by unceasing mobility is shuddering to a stop. Our lives are going to be more physically constrained and more virtual than they were. A more fragmented world is coming into being that in some ways may be more resilient.

The once formidable British state is being rapidly reinvented, and on a scale not seen before. Acting with emergency powers authorised by parliament, the government has tossed economic orthodoxy to the winds. Savaged by years of imbecilic austerity, the NHS – like the armed forces, police, prisons, fire service, care workers and cleaners – has its back to the wall. But with the noble dedication of its workers, the virus will be held at bay. Our political system will survive intact. Not many countries will be so fortunate. Governments everywhere are struggling through the narrow passage between suppressing the virus and crashing the economy. Many will stumble and fall. In the view of the future to which progressive thinkers cling, the future is an embellished version of the recent past.

No doubt this helps them preserve some semblance of sanity. It also undermines what is now our most vital attribute: the ability to adapt and fashion different ways of life. The task ahead is to build economies and societies that are more durable, and more humanly habitable, than those that were exposed to the anarchy of the global market. [This] does not mean a shift to small-scale localism. Human numbers are too large for local self-sufficiency to be viable, and most of humankind is not willing to return to the small, closed communities of a more distant past. But the hyperglobalisation of the last few decades is not coming back either. The virus has exposed fatal weaknesses in the economic system that was patched up after the 2008 financial crisis. Liberal capitalism is bust.

With all its talk of freedom and choice, liberalism was in practice the experiment of dissolving traditional sources of social cohesion and political legitimacy and replacing them with the promise of rising material living standards. This experiment has now run its course. Suppressing the virus necessitates an economic shutdown that can only be temporary, but when the economy restarts, it will be in a world where governments act to curb the global market. A situation in which so many of the world’s essential medical supplies originate in China – or any other single country – will not be tolerated. Production in these and other sensitive areas will be re-shored as a matter of national security. The notion that a country such as Britain could phase out farming and depend on imports for food will be dismissed as the nonsense it always has been. The airline industry will shrink as people travel less. Harder borders are going to be an enduring feature of the global landscape. A narrow goal of economic efficiency will no longer be practicable for governments.

Read more …

The Asian Development Bank has no more idea than your pet hamster. But they have academic titles, call themselves professionals, get paid the big bucks, and do modeling. One faulty variable in a model is enough to make it useless of course.

Asian Development Bank Says Pandemic Could Cost $4.1 Trillion (UPI)

The Asian Development Bank said Friday that the pandemic could cost the world between $2 trillion and $4.1 trillion, equaling between 2.3 percent and 4.8 percent of global GDP. The figure is a stark increase from the $347 billion at the top end, or equivalent to 0.4 percent of global GDP, the Manila-based regional development bank predicted on March 6. The bank also revised down its growth forecast for Asia to 2.2 percent from the 5.5 percent it had predicted in September. Assuming the pandemic ends, it expects growth to rebound to 6.2 percent next year. However, ADB Chief Economist Yasuyuki Sawada admitted that these numbers could be off depending on how the world reacts to the pandemic, calling on world leaders to implement measures to lessen the virus’ impact on the markets.


“The evolution of the global pandemic – and thus the outlook for the global and regional economy – is highly uncertain,” Yasuyuki said in a statement. “Growth could turn out lower, and the recovery slower, than we are currently forecasting. For this reason, strong and coordinated efforts are needed to contain the COVID-19 pandemic and minimize its economic impact, especially on the most vulnerable.” For China specifically, the bank sees its recent contraction in industry, services, retail sales and investment to drag growth down to 2.3 percent this year though with expectations it will rebound to 7.3 percent in 2021. Excluding the industrialized economies of Hong Kong, South Korea, Singapore and Taipei, growth in developing Asia was revised down to 2.4 percent from 5.7 percent last year.

Read more …

These folk have no more idea than the Asian Development Bank does. But, again, they have academic titles, call themselves professionals, get paid the big bucks, and do modeling. If they would be honest annd say we don’t have a clue, they might lose their jobs.

The Keys To Reopening America (BI)

It’s going to take a long time for the US to recover from the ongoing coronavirus pandemic, both physically and economically. A team of experts— including former Trump Food and Drug Administration chief Scott Gottlieb — at the Washington D.C. based American Enterprise Institute (AEI), have come up with a plan to reopen the country state-by-state. AEI is a non-partisan think tank closely linked to conservative thought. The four-part plan advocates for a step-by-step approach in first slowing the spread of the disease (Phase I), gradually reopening stores, schools, public areas, and most businesses (Phase II), closely monitoring, identifying, and potentially curing new outbreaks (Phase III), and then creating and investing in a system to ensure the US’s public health infrastructure is prepared for the next pandemic or public health crisis.

As of Thursday afternoon, over 1 million people globally have been infected with the virus. The US has over 234,000 cases, roughly one-quarter of the world’s total. That number is still rising rapidly, and the federal government has extended its social distancing guidelines to April 30 at least. In order to move from Phase I to Phase II, the AEI researchers outline several milestones. They say that there needs to be a sustained reduction in cases over a 14-day period, hospitals should be able to adequately serve all patients, the state has to have the capacity to test all those reporting symptoms, and it should be able to closely monitor those with confirmed cases as well as their social contacts.

In Phase II, states should be able to carefully lift social distancing measures, allow schools and most businesses to reopen, and continue to control the spread of the coronavirus to avoid reverting back to Phase I. One of the critical signs that a state should revert is if confirmed cases increase over a five-day period, or hospitals are no longer able to care for patients due to a lack of resources. Once schools are open, the AEI experts say physical distancing restrictions should still be met, including limiting public gatherings to less than 50 people and encouraging people to maintain “hand hygiene and respiratory etiquette.” They say high-touch surfaces should be disinfected regularly and public spaces should be cleaned frequently.

Talking about “phases”:

Read more …

At least some people are being kept busy.

At Least 8 Strains Of The Coronavirus Have Been Identified (Hill)

Researchers have identified at least eight strains of the novel coronavirus that has infected more than one million people across the globe, and say the mutations are useful in determining just how the virus is spreading. Thousands of genetic sequences of the virus have been uploaded to the open database NextStrain, which shows how the virus is migrating and splitting into new but similar subtypes. Researchers said the data show the virus is mutating on average every 15 days, according to National Geographic. NexStrain co-founder Trevor Bedford said, however, the mutations are so small that no one strain of the virus is more deadly than another. Researchers also say it does not appear the strains will grow more lethal as they evolve.

“These mutations are completely benign and useful as a puzzle piece to uncover how the virus is spreading,” Bedford told National Geographic. Bedford said the different strains make it possible for researchers to see whether community transmission is widespread in a region, which can show whether stay-at-home measures are working. “We’ll be able to tell how much less transmission we’re seeing and answer the question, ‘Can we take our foot off the gas?” Bedford said. The database also shows how the coronavirus is spreading throughout the U.S. Charles Chiu, a professor of medicine and infectious disease at the University of California, San Francisco School of Medicine, told USA Today that the outbreaks are “trackable,” and “we have the ability to do genomic sequencing almost in real-time to see what strains or lineages are circulating.”

A majority of cases on the West Coast have been linked to a strain first identified in Washington state, which is three mutations away from the first known strain, while on the East Coast, the virus seems to have come from China to Europe and then to New York, according to USA Today. Kristian Andersen, a professor at Scripps Research, told USA Today the maps only show a snapshot of the full spread of the virus. “Remember, we’re seeing a very small glimpse into the much larger pandemic,” Andersen told USA Today. “We have half a million described cases right now but maybe 1,000 genomes sequenced. So there are a lot of lineages we’re missing.”

Read more …

These people appear to be busy as well.

NY Funeral Homes Struggle As Virus Deaths Surge (AP)

Pat Marmo walked among 20 or so deceased in the basement of his Brooklyn funeral home, his protective mask pulled down so his pleas could be heard. “Every person there, they’re not a body,” he said. “They’re a father, they’re a mother, they’re a grandmother. They’re not bodies. They’re people.” Like many funeral homes in New York and around the globe, Marmo’s business is in crisis as he tries to meet surging demand amid the coronavirus pandemic that has killed around 1,400 people in New York City alone, according to a tally from Johns Hopkins University. His two cell phones and the office office line are ringing constantly. He’s apologizing to families at the start of every conversation for being unusually terse, and begging them to insist hospitals hold their dead loved ones as long as possible.

His company is equipped to handle 40 to 60 cases at a time, no problem. On Thursday morning, it was taking care of 185. “This is a state of emergency,” he said. “We need help.” Funeral directors are being squeezed on one side by inundated hospitals trying to offload bodies, and on the other by the fact that cemeteries and crematoriums are booked for a week at least, sometimes two. Marmo let AP into his Daniel J. Schaefer funeral home in the Sunset Park neighborhood of Brooklyn on Thursday to show how dire the situation has become. He has about 20 embalmed bodies stored on gurneys and stacked on shelves in the basement and another dozen in his secondary chapel room, both chilled by air conditioners.

He estimated that more than 60% had died of the new coronavirus. For most people, the virus causes mild or moderate symptoms, but for some, especially older adults and people with existing health problems, it can cause more severe illness and lead to death. “It’s surreal,” he said. Hospitals in New York have been using refrigerated trucks to store the dead, and Marmo is trying to find his own. One company quoted him a price of $6,000 per month, and others are refusing outright because they don’t want their equipment used for bodies. Even if he gets a truck, he has nowhere obvious to put it. He’s wondering if the police station across the street might let him use its driveway.


Covid Tracking Project Chart (Mish)

Read more …

They will soon have to decide who to put on a ventilator and who not. This could stop entire hospitals from functioning.

US Doctors On Coronavirus Frontline Seek Protection From Malpractice Suits (R.)

U.S. medical professionals on the front line of the coronavirus pandemic are lobbying policymakers for protection from potential malpractice lawsuits as hospitals triage care and physicians take on roles outside their specialties. State chapters of the powerful American Medical Association and other groups representing healthcare providers have been pressing governors for legal cover for decisions made in crisis-stricken emergency rooms. More than half a dozen emergency room doctors and nurses told Reuters they are concerned about liability as they anticipate rationing care or performing unfamiliar jobs due to staff and equipment shortages caused by the outbreak.


Governors in New York, New Jersey and Michigan have responded with orders that raised the standard for injuries or deaths while working in support of the state’s response to COVID-19 from negligence to gross negligence, or an egregious deviation from standard care. Physicians, who have long blamed malpractice lawsuits for driving up healthcare costs, hope other states will follow. “There are too many variables here. We are going to be second-guessed,” said Jeremy Faust, an emergency physician at Brigham and Women’s Hospital (BWH) in Boston. “We need better protection, if only to guard against unreasonable claims.”

Read more …

Groucho: “Those are my principles, and if you don’t like them… well, I have others..”

Russian Ventilators Sent To US Made By Firm Under US Sanctions (R.)

Ventilators delivered by Russia to the United States for coronavirus patients were manufactured by a Russian company that is under U.S. sanctions, Russia’s RBC business daily reported on Friday. A Russian military plane carrying the ventilators along with other medical supplies including personal protective equipment landed in New York on Wednesday after U.S. President Donald Trump and Russian President Vladimir Putin spoke by phone. Russian state television footage of the plane’s unloading showed boxes of “Aventa-M” ventilators, which are produced by the Ural Instrument Engineering Plant (UPZ) in the city of Chelyabinsk, 1,500 km (930 miles) east of Moscow, RBC reported. UPZ is part of a holding company called Concern Radio-Electronic Technologies (KRET), which itself is a unit of Russian state conglomerate Rostec.


KRET has been under U.S. sanctions since July 2014, with U.S. firms and nationals barred from doing business with it. The issue was further complicated by the question of whether it was the United States or Russia’s sovereign wealth fund RDIF, which was added to U.S. sectoral sanctions in 2015, that paid for the ventilators. A senior administration official on Friday said sanctions did not apply to medical supplies. “The United States is purchasing the supplies and equipment outright, as with deliveries from other countries. The Russian Direct Investment Fund is subject to certain debt and equity-related sectoral sanctions, which would not apply to transactions for the provision of medical equipment and supplies,” the official said.

Read more …

These are the kinds of things that are bound to backfire.

US Snatches Masks From Germany In Act Of ‘Modern Piracy’ – Berlin (RT)

With Covid-19 infections climbing, Washington has diverted shipments of vital protective masks from its allies in Germany and Canada to the US. A Berlin senator described the move as “modern piracy.” As confirmed coronavirus cases passed 250,000 in the US this week, the White House pressured safety gear manufacturer 3M to step up imports of protective masks from its Chinese factories. Trump publicly promised on Thursday that 3M would “have a big price to pay” if it didn’t increase supply to the US. But behind the scenes, American officials were acquiring these masks by more underhand means. A delivery of 200,000 masks left a 3M factory in China this week and arrived in Bangkok, Thailand, from where they were supposed to be sent to the German capital.

The masks never got to Berlin, and police in the city told Der Tagesspiegel that the shipment was instead bound for the US. Berlin’s Senator for the Interior Andreas Geisel confirmed on Friday that the masks had been “confiscated.” “We consider this an act of modern piracy. This is not how you deal with transatlantic partners,” Geisel said. Berlin police chief Barbara Slowik told Tagesspiegel that she believes 3M redirected the shipment because of the US government’s export ban. The company denied the charge, while a White House spokesman told another German newspaper that the accusation of piracy was “completely wrong.”

Yet Germany isn’t the only country to see its shipments apparently nabbed by the Americans. In Canada last week, Le Journal de Montreal reported that a shipment of masks bound for hospitals in the city was diverted to the US state of Ohio. Shipping firm DHL later attributed this to a “computer error,” but Montreal hospital supplier Fan Zhou claimed his order eventually arrived 10,000 masks short.

Read more …

It really IS the Grapes of Wrath all over again.

US Dairy Farmers Dump Milk As Pandemic Upends Food Markets (R.)

Dairy farmer Jason Leedle felt his stomach churn when he got the call on Tuesday evening. “We need you to start dumping your milk,” said his contact from Dairy Farmers of America (DFA), the largest U.S. dairy cooperative. Despite strong demand for basic foods like dairy products amid the coronavirus pandemic, the milk supply chain has seen a host of disruptions that are preventing dairy farmers from getting their products to market. Mass closures of restaurants and schools have forced a sudden shift from those wholesale food-service markets to retail grocery stores, creating logistical and packaging nightmares for plants processing milk, butter and cheese. Trucking companies that haul dairy products are scrambling to get enough drivers as some who fear the virus have stopped working.


And sales to major dairy export markets have dried up as the food-service sector largely shuts down globally. The dairy industry’s woes signal broader problems in the global food supply chain, according to farmers, agricultural economists and food distributors. The dairy business got hit harder and earlier than other agricultural commodities because the products are highly perishable – milk can’t be frozen, like meat, or stuck in a silo, like grain. Other food sectors, however, are also seeing disruptions worldwide as travel restrictions are limiting the workforce needed to plant, harvest and distribute fruits and vegetables, and a shortage of refrigerated containers and truck drivers have slowed the shipment of staples such as meat and grains in some places.

Read more …

As long as Assange keeps being locked up in maximum security, the US doesn’t care one bit.

US AG Barr Orders Release Of More Federal Inmates (R.)

U.S. Attorney General William Barr declared on Friday that the federal Bureau of Prisons (BOP) is facing emergency conditions due to the fast-spreading coronavirus, paving the way for the agency to begin releasing more inmates out of custody and into home confinement. Barr said under his emergency order, priority for releasing vulnerable inmates into home confinement should be given first to those housed in federal prisons that have been hardest hit by COVID-19, including facilities such as Oakdale in Louisiana, Elkton in Ohio and Danbury in Connecticut. Barr’s order comes after five inmates at FCI Oakdale 1 and two at FCI Elkton 1 died from COVID-19, the respiratory illness caused by the novel coronavirus.

The BOP said Friday that 91 inmates and 50 of its staff throughout its 122 institutions have fallen ill with COVID-19. Union officials and families of prisoners have told Reuters they believe the number of people sickened with the virus is much higher. Earlier this week, the BOP took the unprecedented step of ordering all of its facilities to place inmates into a 14-day quarantine by confining them to their cells or living quarters. The $2 trillion stimulus bill signed by President Donald Trump last week included a provision designed to make it easier for federal prisons to release more inmates into home confinement to help control the coronavirus outbreak. Prior to the stimulus law, the BOP could release to home confinement only inmates who had already served at least 90% of their sentence or had no more than six months left to go.

The new law allows the BOP director greater discretion to release a larger cohort of inmates. But it required that Barr first declare a state of emergency for the federal prison system. “For all inmates whom you deem suitable candidates for home confinement, you are directed to immediately process them for transfer and then immediately transfer them following a 14-day quarantine,” Barr directed the BOP in a memo released late Friday.

Read more …

Why not send them to jail, so Bill Barr can release tham?

Ankle Monitors Ordered For Kentucky Residents Refusing Quarantine (Hill)

Despite Governor Andy Beshear ordering all Kentucky residents to stay at home to mitigate the spread of the coronavirus, some in Louisville are reportedly refusing to self-quarantine. As a response, Jefferson Circuit Court judge Angela Bisig is ordering ankle monitors for those who were exposed to the coronavirus but who won’t stay at home. CNN reports that Bisig ordered an individual identified as D.L. to wear a global positioning device for the next two weeks. D.L is reportedly living with someone who tested positive for the coronavirus, as well as someone who is a presumptive case. About a week ago, D.L. was ordered to self-quarantine for 14 days, the amount of time it takes for an infected individual to exhibit symptoms of the coronavirus.


Family members, however, said he leaves his home often. Bisig ordered the state’s Department of Corrections to place an ankle monitor on D.L., who will face criminal charges if they leave the house again. CNN cites local outlet WDRB as reporting that other Louisville residents were ordered to don ankle monitors as well after they refused to self-isolate. These individuals were also reported as either having the coronavirus or being in contact with the coronavirus. WDRB reports that Jefferson County has a judge on-call for these types of cases. This concerning report comes after a group of young Kentucky residents reportedly threw a “coronavirus party” that resulted in at least one person catching the virus.

Read more …

Poetic justice. $3 billion in cash reserves for a company that lost $320 in the first 9 months of 2019.

The COVID19 Crisis Locked Airbnb Out Of Its Own Homes (G.)

Airbnb’s army of 700,000 hosts are distraught at the income they are losing as a result of the company’s generosity to guests. Chesky this week apologised and said the company would spend $250m (£200m) covering 25% of what hosts would have been paid for reservations between 14 March and 31 May. An additional $10m relief fund is being made available to “super hosts” offering grants of up to $5,000 for “hosts who hurt the most”. Airbnb founders will also take no salary for six months, and top executives will have their salaries halved. “Although it may not have felt like it, we are partners,” Chesky said in email to hosts. “When your business suffers, our business suffers. We know that right now many of you are struggling, and what you need are actions from us to help, not just words.”

Airbnb has built up reported cash reserves of $3bn from booking fees charged to both guests and hosts. It collected revenues from the fees in excess of $4.8bn last year, according to Reuters. Hosts are charged 3% of every booking, while guests are charged up to 14.2%. The hangover from the coronavirus pandemic is likely to last far longer than 31 May or whenever governments lift movement restrictions. Hosts report empty booking calendars stretching throughout the summer, and research by analysis website AirDNA shows bookings in some cities has fallen by as much as 96%. For hosts who occasionally rent out their spare room in the style of a real bed & breakfast the lost Airbnb income due the coronavirus is a frustration.

But, for those who have built up mini (or in some cases not-so-mini) property portfolios that rely on a constant stream of guests churning through Airbnb apartments in Bath, Barcelona or Berlin, the prospect of weeks or months without guests spells financial disaster. It is also a disaster for Chesky, 38, and the large number of Airbnb’s employees who hold stock options. The company was lining up for a stock market flotation this year, which some investors hoped would value the 11-year-old tech giant at up to $42bn – even though the Wall Street Journal reported the business lost nearly $320m in just the first nine months of last year. In a video presentation on Thursday, Chesky told staff the company had lowered its valuation to $26bn, down from $31bn when it last raised money from investors in September 2017, according to the Financial Times.

[..] “They are stuffed, the IPO just can’t happen,” Richard Holway, chairman of analyst firm TechMarketView, said. “Airbnb is in the worst of the worst situations. Unlike other tech firms, like Uber which can do deliveries instead of driving people, it can’t diversify. There’s nothing Airbnb can do to make money. “Everything indicates that Airbnb income around the world has just stopped,” he said. “It [coronavirus and lockdown] has exposed the Airbnb business model, and it’s going to pull thousands and thousands of people down with it. People [hosts] have gone into it as an absolute business and they’re in a very, very difficult situation.”

Read more …

The anonymous whistleblower strikes again. And Schiff seeks some exposure, yelling: hey, I’m still here, where are the cameras?

Trump Firing Inspector General Who Flagged Whistleblower Complaint (NBC)

President Donald Trump has informed Congress that he is removing the inspector general who flagged the Ukraine whistleblower complaint, according to a letter obtained by NBC News. “This is to advise that I am exercising my power as President to remove from office the Inspector General of the Intelligence Community,” the Trump letter to the leaders of the House and Senate intelligence committees says. The letter also says “it is vital that I have the fullest confidence in the appointees serving as Inspectors General. That is no longer the case with regard to this Inspector General.” The firing is to take effect 30 days from Friday, according to the letter. News of the complaint and the fact it had been withheld from Congress touched off an inquiry and testimony that resulted in Trump’s impeachment. Trump was acquitted by the Senate.

Michael Atkinson deemed the complaint an “urgent concern” that he was required by law to provide to the congressional intelligence committees. But then-Acting Director of National Intelligence Joseph Maguirerefused to do so on the advice of the Justice Department, resulting in a standoff. Two Congressional sources told NBC News Atkinson was informed Friday night that Trump had fired him, and he has been placed on administrative leave effective immediately. The statute technically requires that both intelligence committees be notified by Trump 30 days before the effective date of the IG’s removal, and placing him on administrative leave is being viewed by Congress as a way to effectively circumvent this requirement and sideline him right away.

Rep. Adam Schiff, D-Calif., who chairs the House Intelligence Committee and who played a key role in the impeachment of Trump, called the president’s move an attempt to “retaliate against those who dare to expose presidential wrongdoing.” “At a time when our country is dealing with a national emergency and needs people in the Intelligence Community to speak truth to power, the President’s dead of night decision puts our country and national security at even greater risk,” Schiff said, referring to the coronavirus epidemic. “Moreover, this retribution against a distinguished public servant for doing his job and informing Congress of an urgent and credible whistleblower complaint is a direct affront to the entire inspector general system,” Schiff said in the statement. “It undermines the transparency and oversight the American people expect of their government, and in its absence will undoubtedly lead to even greater corruption in the Administration.”

Read more …

You think Schiff was thinking he’d get the job?

Trump Names White House Lawyer As Watchdog Over Coronavirus Bailout (Solomon)

President Trump on Friday named a White House lawyer to be the chief watchdog to oversee the spending of $2 trillion in coronavirus stimulus money. Brian D. Miller, a special assistant to the president and a senior associate White House counsel, will serve as Special Inspector General for Pandemic Recovery inside the Treasury Department. Miller served as the Senate-confirmed Inspector General for the General Services Administration for nearly a decade, where he led more than 300 auditors, special agents, attorneys, and support staff in conducting nationwide audits and investigations. As the GSA IG, Miller reported on fraud, waste, and abuse, including lavish spending on employee conference trips to Las Vegas. Previously he served inside the Justice Department as a lawyer for the deputy attorney general and as a federal prosecutor in Virginia.

Read more …

More info the FBI held back.

Translator Exonerated Don Jr. In Trump Tower Meeting (Solomon)

In Robert Mueller’s final report on the Russia investigation, a little-known translator named Anatoli Samochornov played a bit role, a witness sparsely quoted about the infamous Trump Tower meeting he attended in summer 2016 between Donald Trump Jr. and a mysterious Russian lawyer. The most scintillating information Mueller’s team ascribed to Samochornov in the report was a tidbit suggesting a hint of impropriety: The translator admitted he was offered $90,000 by the Russians to pay his legal bills, if he supported the story of Moscow attorney Natalia Veselnitskya. He declined. But recently released FBI memos show that Samochornov, a translator trusted by the State Department and other federal agencies, provided agents far more information than was quoted by Mueller, nearly all of it exculpatory to the president’s campaign and his eldest son.

Despite learning the translator’s information on July 12, 2017, just a few days after the media reported on the Trump Tower meeting, the FBI would eventually suggest Donald Trump Jr. was lying and that the event could be seminal to Russian election collusion. Samochornov’s eyewitness account entirely debunks the media’s narrative, the FBI memos show. “Samochornov was not particularly fond of Donald Trump Jr., but stated Donald Trump Jr.’s account with Veselnitskya as portrayed in recent media report, was accurate,” according to the FBI 302 report on its interview of the translator. “Samachornov concurred with Donald Trump Jr.’s accounts of the meeting. He added ‘they’ were telling the truth.” So what was that truth, and how did it compare to the media version of events that took root in summer 2017?

The media narrative at the time was that the meeting might be a key piece of evidence of collusion between the Trump campaign and Russia: Trump Jr., brother-in-law Jared Kushner, and then-Trump campaign chairman Paul Manafort were all lured to a meeting by the Russian lawyer Veselnitskya supposedly to talk about Russian dirt on Hillary Clinton. Trump Jr.’s account, ridiculed by the media and Democrats at the time, was that the short meeting ended up being about a Russian lobbying campaign to change adoption practices under a U.S. human rights law that punished Moscow and other foreign bad actors known as the Magnitsky Act.

Read more …

Funny how the reports come out just as Monsanto is preparing to save American farmers.

Monsanto Predicted Crop System Would Damage US Farms (G.)

The US agriculture giant Monsanto and the German chemical giant BASF were aware for years that their plan to introduce a new agricultural seed and chemical system would probably lead to damage on many US farms, internal documents seen by the Guardian show. Risks were downplayed even while they planned how to profit off farmers who would buy Monsanto’s new seeds just to avoid damage, according to documents unearthed during a recent successful $265m lawsuit brought against both firms by a Missouri farmer. The documents, some of which date back more than a decade, also reveal how Monsanto opposed some third-party product testing in order to curtail the generation of data that might have worried regulators.

And in some of the internal emails, employees appear to joke about sharing “voodoo science” and hoping to stay “out of jail”. The new crop system developed by Monsanto and BASF was designed to address the fact that millions of acres of US farmland have become overrun with weeds resistant to Monsanto’s glyphosate-based weedkillers, best known as Roundup. The collaboration between the two companies was built around a different herbicide called dicamba. [..] The companies announced in 2011 that they were collaborating in the development of the dicamba-tolerant cropping systems, granting each other reciprocal licenses, with BASF agreeing to supply formulated dicamba herbicide products to Monsanto.

The companies said they would make new dicamba formulations that would stay where they were sprayed and would not volatilize as older versions of dicamba were believed to do. With good training, special nozzles, buffer zones and other “stewardship” practices, the companies assured regulators and farmers that the new system would bring “really good farmer-friendly formulations to the marketplace”. But in private meetings dating back to 2009, records show agricultural experts warned that the plan to develop a dicamba-tolerant system could have catastrophic consequences. The experts told Monsanto that farmers were likely to spray old volatile versions of dicamba on the new dicamba-tolerant crops and even new versions were still likely to be volatile enough to move away from the special cotton and soybean fields on to crops growing on other farms.

Read more …

Sue them into oblivion.

Monsanto & BASF Knew For Years Their Products Destroy US Farms (RT)

US agro-chemical firm Monsanto and Germany’s BASF were aware for a long time that their plan to introduce a new agricultural seed and chemical system would probably lead to damage on many US farms. According to internal documents seen by the Guardian, the firms disregarded the risks even while they planned on how to profit off farmers who would buy Monsanto’s new seeds just to avoid damage. The documents (some of them date back more than a decade) have been uncovered during a recent successful $265 million lawsuit brought against both firms by a Missouri farmer. They also revealed how Monsanto opposed some third-party product testing, in order to curtail the generation of data that might have worried regulators.

In some of the internal BASF emails, employees were joking about sharing “voodoo science” and hoping to stay “out of jail.” Records showed that at private meetings dating back to 2009, agricultural experts warned that the plan to develop a dicamba-tolerant system could have catastrophic consequences. [..] The experts told Monsanto that farmers were likely to spray old volatile versions of dicamba on the new dicamba-tolerant crops. They have warned that even new versions were still likely to be volatile enough to move away from the special cotton and soybean fields on to crops growing on other farms. What is more important, under the system designed by Monsanto and BASF, only farmers buying Monsanto’s dicamba-tolerant cotton and soybean seeds would be protected from dicamba drift damage.

[..] According to a report prepared for Monsanto in 2009 as part of industry consultation, such “off-target movement” was expected, along with “crop loss”, “lawsuits” and “negative press around pesticides.” Monsanto’s own projections estimated that dicamba damage claims from farmers would total more than 10,000 cases, including 1,305 in 2016, 2,765 in 2017 and 3,259 in 2018. Both Monsanto and BASF defended their products, claiming dicamba is safe “when used correctly,” and an important tool for farmers. Industry estimates suggest that several million acres of crops have now been reported damaged by dicamba. More than 100 US farmers are engaged in litigation in federal court alleging Monsanto and BASF collaboration created a “defective” crop system that has damaged orchards, gardens and organic and non-organic farm fields in multiple states.

Read more …

 

It must be possible to run the Automatic Earth on people’s kind donations. These are no longer the times when ads pay for all you read, your donations have become an integral part of it. It has become a two-way street; and isn’t that liberating, when you think about it?

Thanks everyone for your wonderfully generous donations over the past days.

 

 

https://twitter.com/fakerapper/status/1246177574398689280

 

 

 

 

Support us in virustime. Help the Automatic Earth survive. It’s good for you.

 

Mar 292020
 


Dorothea Lange Kern County, California 1938

 

Trump Backs Off Threat Of Coronavirus Quarantine For NYC Area (NYP)
Florida Coronavirus Cases Are Growing Fast. Here’s What That Means. (TBT)
Rhode Island Door Knocks in Search of Fleeing New Yorkers (AP)
700 N.J. Police Officers Have Tested Positive For Coronavirus (NJ.com)
More Than 500 Members Of The NYPD Have Coronavirus (NYP)
Italy PM Adopts New Measures To Help Coronavirus-Hit Economy (R.)
Home Confinement In France Extended To April 15 (SA)
UK Coronavirus Death Toll Under 20,000 Would Be ‘Good Result’ – Health Chief (R.)
UK To Turn Birmingham Airport Into Mortuary (BBC)
UK Broadband Providers To Lift Data Caps During COVID-19 Lockdown (G.)
“There’s No Gold” – COMEX Report (ZH)
Biden Consolidates Support, But Trails Badly In Enthusiasm (ABC)

 

 

Lost an hour overnight because Europe finally went to Daylight Saving Time. That one hour extra/less between the two sides of the ocean always throws me off-rhythm. The missing hour also shows up in the numbers, but we’ll make that up tomorrow.

Since the US is now the world no. 1, it’s inevitable that much of the news switches there as well. I AM unpleasantly surprised to see the numbers of police officers infected, and I would like to know how that happens. Trump’s notion of a NYC lockdown seemed to make sense, but “wiser” voices prevailed. As NYC has turned into not just the American, but the global center.

 

 

Cases 672,086 (+ 63,819 from yesterday’s 613,829)

Deaths 31,737 (+ 3,508 from yesterday’s 28,229)

 

 

 

From Worldometer yesterday evening (before their day’s close)

 

 

From Worldometer -NOTE: mortality rate for closed cases is at 18% –

 

 

From SCMP: (Note, SCMP numbers have done a little sprint, their US deaths are even higher than Worldometer now)

 

 

From COVID2019Live.info:

 

 

 

 

Did Trump get talked out of it by the likes of Cuomo? As NYC is turning into the global epicenter? Cuomo keeps calling for equipment, but refuses to ponder measures that could make that less important.

Trump Backs Off Threat Of Coronavirus Quarantine For NYC Area (NYP)

President Donald Trump on Saturday night backed off a daylong threat to lock down NYC and the tri-state area — a proposal that had thrown three governors for a loop. “A quarantine will not be necessary,” Trump wrote in a series of tweets Saturday night, reasoning that a travel advisory would suffice. “On the recommendation of the White House CoronaVirus Task Force, and upon consultation with the Governor’s (sic) of New York, New Jersey and Connecticut, I have asked the [Centers for Disease Control and Prevention] to issue a strong Travel Advisory, to be administered by the Governors, in consultation with the Federal Government,” Trump tweeted.


Trump had told reporters outside the White House earlier Saturday that he was considering a regional lockdown to stop the spread of the disease, to the dismay of the tri-state’s governors. New Jersey Gov. Phil Murphy said he and Trump spoke just a day before, on Friday, and the idea wasn’t brought up. Gov. Andrew Cuomo said he wouldn’t even know how such a lockdown would be instituted. “I don’t know how that could be legally enforceable and from a medical point of view don’t know what you would be accomplishing, but I can tell you I don’t even like the sound of it,” he told reporters Saturday.. He appeared on CNN later, where he likened the concept to starting a “Civil War,” and called it “preposterous.”

Read more …

Still photos of full beaches.

Florida Coronavirus Cases Are Growing Fast. Here’s What That Means. (TBT)

The number of confirmed coronavirus cases in Florida is doubling every three days, putting the state on a trajectory to see tens of thousands of infections in the coming weeks, a Tampa Bay Times analysis shows. No rigorous model has been calculated for Florida to predict the disease’s spread in detail. Those usually take months to create. But at this point, experts say the math is simple. The number of cases is already past the point of easy containment and infections are growing faster and faster, at what statisticians call an exponential rate. Without dramatic steps, they worry that the epidemic will balloon across Florida and place an unprecedented strain on hospitals and health clinics.


Thomas Hladish, a University of Florida research scientist who specializes in disease modeling and has been advising the state on the outbreak, said that while epidemiologists might disagree on the nuances of their projections, they all agree on the main point. “We do understand the math and the models well enough to say with great confidence that Florida is going to have a huge public health crisis,” Hladish said. “And we are just at the beginning of it right now.” By 11 a.m. Saturday, Florida had reported more than 3,700 cases — an increase of nearly 1,000 in 24 hours. Florida remains one of the few states with a large outbreak not to issue a statewide order to keep residents at home. Several counties across the state, including Hillsborough and Pinellas, issued “safer at home” orders in the last week.

Some public health experts say it will take the more extreme step of shutting down the state to halt the disease’s rapid spread in Florida. Nine hundred Florida healthcare workers had signed a petition by Friday asking for the same thing. The effects of the intervention wouldn’t be apparent right away. The same is true for the smaller steps that have already been taken in Florida, like social distancing or closing restaurants and fitness studios. “We are not going to see the benefits for a few weeks, which is frustrating to everyone,” said Dr. Mary Jo Trepka, an infectious disease epidemiologist and professor at Florida International University.

Read more …

If not the craziest thing around, a solid contender.

Rhode Island Door Knocks in Search of Fleeing New Yorkers (AP)

The Rhode Island National Guard started going door to door on Saturday in coastal areas to inform any New Yorkers who may have come to the state that they must self-quarantine for 14 days while Gov. Gina Raimondo expanded the mandatory self-quarantine to anyone visiting the state. Raimondo also ordered residents to stay at home, with exceptions for getting food, medicines or going to the doctor, and ordered nonessential retail businesses to close Monday until April 13 to help stop the spread of the coronavirus. She also directed realtors and hotel operators to include new requirements that any out-of-state residents must quarantine for 14 days in their purchase agreements.

State Police set up a checkpoint on I-95 in Hope Valley on Friday where drivers with New York license plates must stop and provide contact information and were told to self-quarantine for two weeks, WPRI.com reported. If New Yorkers don’t comply, they face fines and jail time, Raimondo said, adding that that’s not the goal. “I want to be crystal clear about this: If you’re coming to Rhode Island from New York you are ordered into quarantine. The reason for that is because more than half of the cases of coronavirus in America are in New York,” Raimondo said, adding that it’s not meant to be discriminatory.

New York Gov. Andrew Cuomo called the order “reactionary” and unconstitutional, saying he’d sue Rhode Island if the policy isn’t rescinded but believed they could “work it out.” “I understand the goal … but there’s a point of absurdity, and I think what Rhode Island did is at that point of absurdity,” said Cuomo, a Democrat. “We have to keep the ideas and the policies we implement positive rather than reactionary and emotional.”

Read more …

Insane. How did this happen?

700 N.J. Police Officers Have Tested Positive For Coronavirus (NJ.com)

About 700 New Jersey police officers have tested positive for the coronavirus, officials said Saturday. “There’s more than 700 police officers quarantined at home, and there’s about the same … number that have tested positive from all 21 counties,” Col. Patrick Callahan, acting superintendent of the State Police, said in Trenton during the state’s daily coronavirus press briefing. that amount is far higher than previously known. Newark, Jersey City, NJ Transit, the Port Authority, Fanwood, Hazlet and the State Police have all reported cases. Two officers that were in “serious condition” are now stable, Callahan said. None have died. Testing sites in Bergen and Holmdel were only testing symptomatic first responders Saturday, Gov. Phil Murphy previously said.


There are about 36,000 full-time officers in the state, according to recent State Police data, and experts said the public should not be concerned about a looming officer shortage. “If you have the right officers and you have the right supervisors … we are good,” said Maria Haberfeld, a police science professor at John Jay College of Criminal Justice in New York. Crime has also dropped in the state, officials have said, which could help departments cope with any short-staffing, according to Jon Shane, a retired Newark police captain who teaches at John Jay. [..] New Jersey has at least 11,124 known cases of the virus overall, including at least 140 known deaths, officials announced Saturday.

Read more …

Seriously, how? Are they infecting each other? Like at the stations?

More Than 500 Members Of The NYPD Have Coronavirus (NYP)

Nearly 200 more NYPD cops tested positive for the coronavirus in less than a day — causing the number of infected department members to soar above 550, officials said Friday. According to a spokesman for the NYPD, 486 uniformed officers and 71 civilian employees have now contracted COVID-19. Late Thursday, 294 cops and 57 civilians were positive. Friday’s figures — the largest daily increase in confirmed cases on the force — come a day after the NYPD lost its first employee to the coronavirus, Dennis Dickson, 62, a civilian cleaner at police HQ, and Deputy Commissioner John Miller was hospitalized in critical condition with severe COVID-19 symptoms.


The potentially deadly virus has been sweeping through the department over the past week, leaving the NYPD without at least 11 percent of its patrol officers, who called out sick. About 375 more cops called out sick Friday. According to the NYPD, 4,111 officers were out ill — nearly four times the average number of cops out sick.

Read more …

Italy is finally free to do what it wants financially, the EU is silent.

Italy PM Adopts New Measures To Help Coronavirus-Hit Economy (R.)

Italian Prime Minister Giuseppe Conte said on Saturday he had approved a new package of measures to help those worst hit by the coronavirus emergency, including supplying shopping vouchers and food packages. Conte said in a news conference that €4.3 billion ($4.79 billion) would be made immediately available to mayors to deal with theirs citizens’ needs and another 400 million would be provided in a special fund for “people who don’t have the money to do their shopping.” Italy, the country that has suffered most deaths from the coronavirus epidemic, already approved a 25 billion euro stimulus package earlier this month and has promised another one of at least the same size in April.


Economy Minister Roberto Gualtieri, speaking at the same news conference, criticized the president of the European Commission, Ursula von der Leyen, for appearing to dismiss the need for issuance of common debt by European Union countries. “The commission president’s words were a mistake and I regret that she made them,” he said, adding that Europe would need “a great Marshall Plan” to relaunch its economy after the coronavirus emergency is over.

Read more …

What an unsympathetic term.

Home Confinement In France Extended To April 15 (SA)

The Covid-19 home confinement period will be extended for “at least two weeks” beyond the initial two-week period, the French prime minister has announced this afternoon. The obligation to stay at home, with limited exceptions, started at noon on Tuesday March 17 and was scheduled to last until Tuesday March 31 at least and until further notice. Now Prime Minister Edouard Philippe has confirmed it will definitely be extended and will not end before Wednesday April 15. “It is clear that we are only at the beginning of the wave of this epidemic,” he said specifying that the same rules, such as needing a form to go out of the house, will continue to apply.


He said the period could be extended further again if the health situation makes it necessary. On Tuesday, the official scientific committee advising the government said an extension to the confinement period was essential and pleaded for a period of six full weeks from its implementation i.e. until Tuesday April 28. A new extension could be decided “if and only if the health situation requires it,” said Mr Philippe. “Those who do not respect the rules of confinement are few in number and will be severely punished, because the health of everyone is at stake, especially the most fragile among us,” the prime minister added while praising citizens “for their civic-mindedness, patience and solidarity” during this period.

Read more …

Prepare to die. Just don’t dare blame Boris.

UK Coronavirus Death Toll Under 20,000 Would Be ‘Good Result’ – Health Chief (R.)

The United Kingdom will do well if it manages to keep the coronavirus death toll below 20,000, a senior health official said on Saturday after the deadliest day so far of the outbreak saw the number of fatalities rise to more than 1,000. Stephen Powis, the medical director of National Health Service England, warned the public against complacency and said everyone had to play their part in hindering the spread of the virus. The number of confirmed cases stood at 17,089 on Saturday morning. The death toll rose by 260 in a day to 1,019, the seventh highest toll in the world behind Italy, Spain, China, Iran, France and the United States.


When asked if Britain was on the same trajectory as Italy, where the death toll has passed 9,000, Powis said that if the public adhered to the nationwide lockdown the total toll could be kept below 20,000. “If it is less than 20,000… that would be a good result though every death is a tragedy, but we should not be complacent about that,” he said at a news conference in Downing Street. Prime Minister Boris Johnson became the first leader of a major power to announce a positive test result for coronavirus on Friday. He is self-isolating in Downing Street but still leading the UK response to the crisis.

Read more …

1,500 bodies? How small is that airport?

UK To Turn Birmingham Airport Into Mortuary (BBC)

Work to turn part of Birmingham Airport into a mortuary able to store at least 1,500 bodies has begun. Bosses previously said discussions were under way, but West Midlands Police confirmed the project had started. An airport spokesperson said it was working to provide land and a hangar for the temporary morgue. Police said there was “scope to expand” the starting capacity of 1,500, as the region prepared for a predicted rise in coronavirus deaths. The force said regional mortuaries may close as staff were transferred to the new facility, which could eventually accommodate all deaths across the West Midlands. This would include those unrelated to coronavirus, it said.


The force said it would do everything possible to accommodate religious requirements and that it was “vital” to give people “the utmost dignity and respect” at all times. Senior coroner for Birmingham, Louise Hunt, said: “We understand that it is a very difficult time for everyone and we will do all that we can to make sure bereaved families understand what is happening to their loved ones and to release them for funeral as soon as we can.” Assistant Chief Constable Vanessa Jardine said public sector agencies and their partners were working together “to better deal with this challenge… at a critical time of need”.

Read more …

It’s essential that Boris talk to you.

UK Broadband Providers To Lift Data Caps During COVID-19 Lockdown (G.)

All data allowance caps on current fixed broadband services will be removed in a deal struck by the government and telecommunications companies to help vulnerable people stay connected through the pandemic. It is among a range of immediately effective measures agreed by major internet service and mobile providers including BT/EE, Openreach, Virgin Media, Sky, TalkTalk, O2, Vodafone, Three, Hyperoptic, Gigaclear, and KCOM. The companies have pledged that anyone who is struggling to pay their bill due to the pandemic will be treated fairly and appropriately supported, the Department for Digital, Culture, Media and Sport said.

The firms have also agreed to offer generous new mobile and landline packages to ensure people are connected and the most vulnerable continue to be supported. These could put users in line for packages featuring data boosts at low prices and free calls from their landline or mobile. Vulnerable customers or those who are self-isolating, who are faced with priority repairs to fixed broadband and landlines which cannot be carried out, should be given alternative methods of communication wherever possible, the companies said.

The digital secretary, Oliver Dowden, said: “It’s fantastic to see mobile and broadband providers pulling together to do their bit for the national effort by helping customers, particularly the most vulnerable, who may be struggling with bills at this difficult time. It is essential that people stay at home to protect the NHS and save lives. This package helps people to stay connected whilst they stay home.” Watchdog Ofcom’s chief executive, Melanie Dawes, said: “We recognise providers are dealing with unprecedented challenges at the moment. So we welcome them stepping up to protect vulnerable customers, at a time when keeping in touch with our friends and families has never been more important.”

Read more …

Tik tok.

“There’s No Gold” – COMEX Report (ZH)

While the demand for gold has been soaring as a safe haven asset amid the multiple global crises we are currently facing, forced paper gold liquidation (as leveraged funds scramble to cover margin calls) and unprecedented logistical disruptions created a frantic hunt for actual bars of gold. Specifically, as Bloomberg details, at the center of it all are a small band of traders who for years had cashed in on what had always been a sure-fire bet: shorting gold futures in New York against being long physical gold in London. Usually, they’d ride the trade out till the end of the contract when they’d have a couple of options to get out without marking much, if any, loss. The real price.. for real gold? Nearer $1,800. If you can get it.

“There’s no gold,” says Josh Strauss, partner at money manager Pekin Hardy Strauss in Chicago (and a bullion fan). “There’s no gold. There’s roughly a 10% premium to purchase physical gold for delivery. Usually it’s like 2%. I can buy a one ounce American Eagle for $1,800,” said Josh Strauss. “$1,800!” “The case for gold is simple,” says Strauss. “You want to own gold in times of financial dislocation and or inflation. And that’s been the case since time immemorial. And gold behaves well in those cases. In those cases stocks behave poorly. It’s a great portfolio hedge. Gold does poorly when you’ve got strong economic growth and low inflation. Tell me when that’s going to happen. Gold held its value during 2008 and after all that money printing it tripled over the next three years.”

And in case you doubted this, the cost of an American Eagle one ounce coin at the US Mint is now $2,175…

Read more …

Really bad theater.

Biden Consolidates Support, But Trails Badly In Enthusiasm (ABC)

Former Vice President Joe Biden has emerged as Democrats’ top choice for the presidential nomination in a new ABC News/Washington Post poll, but with only bare majority support within his party and a massive enthusiasm gap in a November matchup against President Donald Trump. Indeed, strong enthusiasm for Biden among his supporters – at just 24% – is the lowest on record for a Democratic presidential candidate in 20 years of ABC/Post polls. More than twice as many of Trump’s supporters are highly enthusiastic about supporting him, 53%. Trump’s still-strong rating on the economy is another challenge for Biden. So is this: Among Democrats and Democratic-leaning independents who prefer Vermont Sen. Bernie Sanders for the nomination, 15% say they’d back Trump over Biden in the fall.

In the nomination contest, 51% of leaned Democrats now prefer Biden vs. 42% for Sanders. That’s a vast 34-point gain for Biden since mid-February, with other candidates having left the race and endorsed him. Sanders gained 10%age points. Yet even as he’s advanced in his party, Biden’s slipped against Trump in a November matchup. The two are locked into essentially a dead heat among registered voters, 49-47%, Biden-Trump, after a slight Biden lead, 52-45%, in February. Biden does better vs. Trump among all adults (Democrats are less apt to be registered), 50-44%. That’s a slight lead, but it was more solidly significant in February, 52-44%.


Perhaps the Democrats’ biggest risk is under the surface, in Trump’s big advantage in backers who are “very” enthusiastic about supporting him. Strong enthusiasm for a candidate can help boost turnout on Election Day, a must-have particularly for Democrats, who rely more on motivating less-frequent voters to come to the polls. While trailing Trump by 29 points in high-level enthusiasm, Biden makes up some of the difference with those who are “somewhat” enthusiastic. But he still trails Trump by 12 points in the combined measure, 74 vs. 86%.

Read more …

 

It must be possible to run a joint like the Automatic Earth on people’s kind donations. These are no longer the times when ads pay for all you read, your donations have become an integral part of it. It has become a two-way street; and isn’t that liberating, when you think about it?

Thanks everyone for your wonderful and generous donations over the past few days. The rest of you: don’t be strangers.

 

 

 

 


Jennifer Baer

 

 

Support us in virustime. Help the Automatic Earth survive. It’s good for you.

 

Mar 262020
 

 

 

1/4 of $2 Trillion Stimulus Bill Devoted to Useless Accounting Gimmick (Tankus)
At Least 13 Patients Die From Coronavirus In One Day At New York Hospital (CNN)
Worker At NYC Hospital Where Nurses Wear Trash Bags As Protection Dies (NYP)
UK Coronavirus Mass Home Testing To Be Made Available ‘Within Days’ (G.)
NHS Could Soon Exceed Capacity – Chief Medical Officer (Ind.)
How Did Spain Get Its Coronavirus Response So Wrong? (G.)
Bahrain, Belgium Report Hydroxychloroquine Treatment Is Working For Patients (JTN)
Gilead Sciences Backs Off Monopoly Claim For Promising Coronavirus Drug (IC)
How Big Science Skipped Clinical Trials After Past Coronavirus Outbreaks (JTN)
Trump’s Deadly Mistake In Comparing Coronavirus To Flu (IC)
Cairo, The City That Never Sleeps, Shuts For Coronavirus Night-Time Curfew (R.)
Crisis Daddy Cuomo Uses Coronavirus For New York Bail Reform Rollback (IC)
California Sees 1 Million Unemployment Claims In Less Than Two Weeks (CNBC)
Pentagon Orders A Stop-Movement For All Overseas Troops (JTN)
Judge Refuses To Release Julian Assange Over Coronavirus Risk (Ind.)
US High Court Rejects Call To Free 736 Detainees At Risk From Coronavirus
Time’s Up Said It Could Not Fund #MeToo Allegation Against Joe Biden (IC)

 

 

And we just keep goig. The US had about 53,000 cases 24 hours ago, it is now at 68,000. Not enough to get to 100,000 by tomorrow, but still much faster than China ever was, apart from the day when Beijing did a major calculating correction.

The world will reach 500,000 cases today, little more than one day after 400,000 was passed.

Be very careful out there!

 

 

Cases 486,702 (+ 52,134 from yesterday’s 434,568)

Deaths 22,021 (+ 2,959 from yesterday’s 19,062)

 

 

 

From Worldometer yesterday evening (before their day’s close)

 

 

From Worldometer -NOTE: mortality rate for closed cases is at 16% !! Still up 1% per day-

 

 

From SCMP:

 

 

From COVID2019Live.info:

 

 

From COVID2019.app:

 

 

 

 

There can be only one conclusion: the US is no longer capable of passing appropriate legislation even in a crisis. Money for the poor? Only if the rich get 1000x as much.

This is an interesting piece. Way beyond the scope of the MSM.

1/4 of $2 Trillion Stimulus Bill Devoted to Useless Accounting Gimmick (Tankus)

Earlier this week I wrote about the Trillion dollar platinum coin. Using the coin to fund government spending is often dismissed as an “accounting gimmick”. Yet, accounting gimmicks are already at the center of the Stimulus Bill being debated in congress tonight. 454 billion of the reported 2 Trillion dollars is going to “make loans and loan guarantees to, and other investments in, programs or facilities established by the Board of Governors of the Federal Reserve System”. This is an accounting gimmick. Yet Larry Kudlow (director of the National Economic Council) points to it as one of the most important provisions in the bill.

“And finally, I want to mention, the Treasury’s Exchange Stabilization Refund. That will be replenished. It’s important, because that fund opens the door for Federal Reserve firepower to deal a broad-based way throughout the economy for distressed industries, for small businesses, for financial turbulence. You’ve already seen the Fed take action. They intend to take more action. And in order to get this, we have to replenish the Treasury’s Emergency Fund. It’s very, very important; not everybody understands that. That fund, by the way, will be overseen by an oversight board and an inspector general. It will be completely transparent.”

Why does he think it’s important? It’s not exactly clear but it seems that the Trump administration along with the Federal Reserve believe that they do not have the authority to launch the facilities they’ve been launching (partially described in the last post) without special purpose vehicles created by the Treasury. That doesn’t explain why they need money put into a Treasury fund under the discretion of secretary Mnuchin though. Why do they think they need the money? This isn’t clear either but it almost certainly has to do with the Federal Reserve’s net worth. It is a common trope of mainstream economists that it is very important for the central bank to have a positive net worth. If their net worth goes negative, then it should be “recapitalized” by the federal government.

[..] the argument that the net worth of the Federal Reserve matters don’t hold up to very much scrutiny, especially when one is familiar with the legal structure of the Federal Reserve. Yet, this is likely the motivation behind the nearly 500 billion dollars the “stimulus bill” provides the Treasury to support Federal Reserve lending programs. There is no statute, court case or any other binding legal constraint (as far as I can tell at least) that requires the Federal Reserve to have a positive net worth. In fact, it has control over its own accounting rules and as part of its own rules can book its obligation to pay remittances from net income to the Treasury as a “negative liability” (and thus effectively an asset) if its net income falls below zero.

Read more …

First corona case in New York was on March 1. This hasn’t even begun.

At Least 13 Patients Die From Coronavirus In One Day At New York Hospital (CNN)

At least 13 patients have died from Covid-19 at Elmhurst Hospital in New York, a statement from a spokesman said, as one of the hardest hit states sees a surge in cases. The deaths of the patients took place over the last 24 hours, but NYC Health and Hospitals/Elmhurst said in a statement that number is consistent with the number of Intensive Care Unit patients being treated there. “Staff are doing everything in our power to save every person who contracts Covid-19,” the statement said. New York has more than 30,000 of the nation’s more than 65,000 coronavirus cases, and 285 of its residents have died from the virus. The state has called for tens of thousands more ventilators, hospital beds and intensive care beds to meet the needs of their hospitals.

Elmhurst is at the center of the crisis, the statement said, and staff is working to overcome the overwhelming numbers. “The frontline staff are going above and beyond in this crisis, and we continue surging supplies and personnel to this critical facility to keep pace with the crisis,” the statement said. “We are literally increasing the effective capacity of the hospital on a daily basis by sending more doctors, nurses, ventilators and PPE to meet demand.” New York has ordered residents to stay at home to curb the spread of the virus and hopefully ease pressures on healthcare systems. And though Gov. Andrew Cuomo pointed to Westchester County — home to the state’s first severe outbreak in New Rochelle — as a marker for the effectiveness of social distancing, cases continue to climb.

Estimates from Sunday showed coronavirus hospitalizations were doubling every 2 days, he said. But Monday’s estimates showed hospitalizations were doubling every 3.4 days, and Tuesday’s estimates showed hospitalizations were doubling every 4.7 days.

Read more …

Welcome to Bergamo, Lombardy.

Worker At NYC Hospital Where Nurses Wear Trash Bags As Protection Dies (NYP)

The shortage of safety gear at one Manhattan hospital is so dire that desperate nurses have resorted to wearing trash bags — and some blame the situation for the coronavirus death of a beloved colleague. A stunning photo shared on social media shows three nurses at Mount Sinai West posing in a hallway while clad in large, black plastic trash bags fashioned into makeshift protective garb. One of them is even holding the open box of 20 Hefty “Strong” 33-gallon garbage bags they used to cloak themselves. “NO MORE GOWNS IN THE WHOLE HOSPITAL,” the caption reads. “NO MORE MASKS AND REUSING THE DISPOSABLE ONES…NURSES FIGURING IT OUT DURING COVID-19 CRISIS.”

The caption includes such hashtags as #heftytotherescue, #riskingourlivestosaveyours and #pleasedonateppe, with the “ppe” referring to “personal protective equipment.” Meanwhile, staffers at the hospital near Columbus Circle on Wednesday tied the lack of basic supplies there to the death of assistant nursing manager Kious Kelly, who tested positive for coronavirus about two weeks ago. Kelly, 48, was admitted to Mount Sinai’s flagship hospital on the Upper East Side on March 17 and died Tuesday night, the workers said. “Kious didn’t deserve this,” one nurse said. “The hospital should be held responsible. The hospital killed him.”

Another nurse described “issues with supplies for about a year now,” during which it got “to the point where we had to hide our own supplies and go to other units looking for stuff because even the supply room would have nothing most of the time.” “But when we started getting COVID patients it became critical,” the nurse said. The nurse sources said they were using the same PPE between infected and non-infected patients and, because there were no more spare gowns in the hospital, they took to wearing trash bags to stop the spread of infection.


Nurses at Mount Sinai West, where Kelly worked, are being forced to wear trash bags due to the lack of protective gear there.

Read more …

Hot air only?

UK Coronavirus Mass Home Testing To Be Made Available ‘Within Days’ (G.)

Thousands of 15-minute home tests for coronavirus will be delivered by Amazon to people self-isolating with symptoms or will go on sale on the high street within days, according to Public Health England (PHE), in a move that could restore many people’s lives to a semblance of pre-lockdown normality. [..] The UK government has bought 3.5m tests, which the health secretary, Matt Hancock, mentioned on Tuesday with no suggestion that they would be available to the public so quickly, and is ordering millions more. Asked if they would be available in days rather than weeks or months, Peacock said: “Yes, absolutely.” If there was a charge for them, she thought it would be minimal, she said.


Widespread availability of a fingerprick test that produces results in 10 to 15 minutes is a game-changer. NHS doctors and nurses with symptoms will know immediately whether they have – or have recovered from – Covid-19, enabling them to get back to work sooner. The UK is not the only country ordering in the antibody tests. “Tests are being ordered across Europe and elsewhere and purchased in south-east Asia. This is widespread practice. We are not alone in doing this,” said Peacock.

Read more …

Could=will.

NHS Could Soon Exceed Capacity – Chief Medical Officer (Ind.)

It will be a “close run thing” whether the NHS capacity will be exceeded over the coming weeks because of the coronavirus outbreak, chief medical officer Chris Whitty has said. At a press conference in 10 Downing Street, Prof Whitty said that there was not currently “enormous” pressure on critical care beds within the health service, despite a total of more than 8,000 patients testing positive for coronavirus across the UK. But he said that he could not guarantee that bed spaces would not run out within the next three weeks. The NHS has more than 4,000 critical care beds in normal times and efforts are under way to accommodate the expected surge in additional coronavirus patients by using private sector facilities and discharging patients able to go home.

The ExCel exhibition centre in east London is being converted into a field hospital which will eventually be able to take 4,000 patients during the outbreak. Prof Whitty said: “The NHS is increasing supply by a combination of pushing out in time things which can be postponed and increasing the critical care and particularly the ventilated bed capacity over the next weeks.” But he added: “This is going to be a close run thing, we all know that. “And anybody who looks around the world can see this is going to be difficult for every health system.”

Prof Whitty said that the lockdown announced by prime minister Boris Johnson on Monday, requiring people to stay at home as much as they can and avoid social contact, should help relieve pressure on bed spaces by reducing the rate of infection, while the NHS works rapidly to increase capacity. “That is the way that we will narrow this down to the smallest possible gap over the next three weeks,” he said.

Read more …

Time to look at different strains of the virus. Just to be sure. Also, nnext week in the same Guardian: “How Did Britain Get Its Coronavirus Response So Wrong?”.

How Did Spain Get Its Coronavirus Response So Wrong? (G.)

It is one of the darkest and most dramatic moments in recent Spanish history. In the chilling table of daily dead from the coronavirus pandemic, Spain has taken top position from Italy – with 738 dying over 24 hours. Spain is now the hotspot of the global pandemic, a ghoulish title that has been passed from country to country over four months – starting in Wuhan, China, and travelling via Iran and Italy. As it moves west, we do not know who will be next. What went wrong? Spain had seen what happened in China and Iran. It also has Italy nearby, just 400 miles across the Mediterranean and an example of how the virus can spread rapidly and viciously inside Europe.

Yet Spaniards cannot blame that proximity. There are no land borders with Italy, while France, Switzerland, Austria and Slovenia – all countries that are doing much better – do have them. This may, in fact, be one of the reasons for the country’s late response. Spain thought it was far enough away. “Spain will only have a handful of cases,” said Dr Fernando Simón, the head of medical emergencies in Madrid, on 9 February. Six weeks later he gives out daily figures of hundreds of deaths. The number of dead per capita is already three times that of Iran, and 40 times higher than China. On 19 February, 2,500 Valencia soccer fans mixed with 40,000 Atalanta supporters for a Champions League game in Bergamo which Giorgio Gori, mayor of the Italian city, has described as “the bomb” which exploded the virus in Lombardy.

In Spain, Valencia players, fans and sports journalists were amongst the first to fall ill. The main reason for the quick spread through Spain may be completely mundane. It has been an unusually mild, sunny Spring. In late February and early March, with temperatures above 20C (68F), Madrid’s pavement cafes and bars were heaving with happy folk, doing what Madrileños like best – being sociable. That means hugging, kissing and animated chatter just a few inches from someone else’s face. On 8 March, just a week before the country was closed down, sports events, political party conferences and massive demonstrations to mark International Women’s Day all took place. Three days later, about 3,000 Atlético de Madrid fans flew together for another Champions League match in Liverpool.

[.] The virus has laid bare, too, deep faults in the Spanish care system. Private old people’s homes must turn a profit while charging people prices they can afford – which may be a basic pension of just over 9,000 euros. As a result, these were understaffed, unprepared and quickly overwhelmed, with death rates of up to 20%. The army was sent in, and found some people lying dead in their beds. Spain has a magnificent primary care system, but its hospitals have been hit by a decade of austerity since the financial crisis. It has only a third of the hospital beds per capita that are provided by Austria or Germany. Yet that is still more than the UK, New Zealand or the US.

Read more …

How much of the recent bad rap is coming from Big Pharma, which can’t make a dime on the stuff?

Bahrain, Belgium Report Hydroxychloroquine Treatment Is Working For Patients (JTN)

Bahrain and Belgium report their hospitals are successfully treating coronavirus patients with the anti-malaria drug hydroxychloroquine touted by President Trump as a possible breakthrough in the pandemic. The Kingdom of Bahrain’s Supreme Council of Health chairman said his country was among the first to use the drug and that its impact has been “profound,” according to the Bahrain News Agency. Dr. Shaikh Mohamed, who leads the National Taskforce for Combating COVID-19, was also quoted by the news agency as saying hydroxychloroquine was administered according to the same regimens as those used in China and South Korea. The first COVID-19 case in Bahrain was reported on Feb. 21, and hydroxychloroquine was first administered to patients showing virus symptoms on Feb. 26.


Bahrain has 419 deaths as a result of the virus, behind Croatia with 442 deaths worldwide, according to the Johns Hopkins Coronavirus Research Center. Hydroxychloroquine is used to prevent and treat malaria and is administered to patients with rheumatoid arthritis or lupus. Meanwhile in Europe, another U.S. ally, Brussels, is reporting similar early success with the same drug and is taking steps to ensure its availability for the sickest coronavirus patients. “Using the limited stocks of these medicines for unnecessary or unjustified preventive treatments jeopardizes the availability of these medicines for patients who need them: chronic patients and hospital patients seriously affected by Covid-19,” Belgium’s Federal Agency for Medicines and Health Products said this week.

Read more …

What a bit of bad publicity won’t do…

Gilead Sciences Backs Off Monopoly Claim For Promising Coronavirus Drug (IC)

Gilead Sciences on Wednesday announced that it has submitted a request to the Food and Drug Administration to rescind the exclusive marketing rights it had secured for remdesivir, an antiviral drug that shows promise in treating Covid-19, the disease caused by the new coronavirus. As The Intercept reported on Monday, the FDA had awarded Gilead seven years of exclusive marketing rights to the drug through the Orphan Drug Act, even though the statute was designed to induce pharmaceutical companies to make treatments for rare diseases that affect fewer than 200,000 people in the United States. Although the new coronavirus will almost certainly infect that many people, Gilead had exploited a loophole that grants orphan drug status if a company files for it before the official number of cases hits 200,000.


As of Wednesday afternoon, there were more than 438,000 confirmed cases worldwide, with more than 59,000 in the United States. After a public outcry, Gilead issued a press release stating: “Gilead has submitted a request to the U.S. Food and Drug Administration to rescind the orphan drug designation it was granted for the investigational antiviral remdesivir for the treatment of Covid-19 and is waiving all benefits that accompany the designation. Gilead is confident that it can maintain an expedited timeline in seeking regulatory review of remdesivir, without the orphan drug designation. Recent engagement with regulatory agencies has demonstrated that submissions and review relating to remdesivir for the treatment of Covid-19 are being expedited.”

Read more …

It’s all about money, and only about money. Even at this point.

How Big Science Skipped Clinical Trials After Past Coronavirus Outbreaks (JTN)

Equally alarming was the lack of followup after early drug studies found some promising treatments that worked anecdotally during the SARS outbreak in 2003, two smaller coronavirus outbreaks in 2004-05, and MERS in 2012. The anti-malarial drug known as chloroquine was one of a handful flagged as a potential treatment. One such study in 2005 found “chloroquine has strong antiviral effects on SARS-Cove infection of primate cells. These inhibitory effects are observed when the cells are treated with the drug either before or after exposure to the virus, suggesting both prophylactic and therapeutic advantage.” The 2005 study concluded: “Chloroquine is effective in preventing the spread of SARS CoV in cell culture. Favorable inhibition of virus spread was observed when the cells were either treated with chloroquine prior to or after SARS CoV infection.”

Similarly, in 2009 the University of Leuven in Belgium published “Antiviral Activity of Chloroquine against Human Coronavirus OC43 Infection in Newborn Mice,” which warned of a failure to follow up on possible treatments. “Although coronaviruses have been recognized as human pathogens for about 50 years, no effective treatment strategy has been approved,” the authors wrote. “This shortcoming became evident during the SARS-CoV outbreak and was the start of numerous studies. Nevertheless, 5 years after the outbreak, we are still lacking an effective, commercially available drug. Chloroquine is a clinically approved drug effective in malaria, and it is known to elicit antiviral effects against several viruses.” Such promise and warnings never translated into action, and as a result more detailed clinical trials that could validate or rule out treatments were never carried out.

To understand why, former Health and Human Service Secretary Tom Price said, one must understand the economics and psychology of private and government medical research. One-time treatments that have no long-term commercial market don’t excite pharmaceutical companies in the business of making profits. And federal scientists always like jumping to the next big viral fire instead of finishing work on an earlier outbreak that fizzled like SARS, he explained. “One would think that those studies would have been completed before now,” said Price, a doctor himself and a former congressman. “However, the extent of SARS was relatively small and short-lived. Once the threat passed, there was no economic incentive for pharmaceutical companies to complete human trials, and governmental attention, research and inertia moved in a different, seemingly more urgent, direction.”

Read more …

That’s literally what I said last week: “Comparing Covid-19 and flu numbers is a classic case of apples to oranges, according to public health experts and epidemiologists.”

Still, if this is Trump’s deadly mistake, he shares that feat with about a billion other people.

Trump’s Deadly Mistake In Comparing Coronavirus To Flu (IC)

The President of the United States compared the coronavirus to the flu this week, and the new virus that has already stricken more than 55,000 people and killed more than 800 across the country came out looking relatively innocuous. “We have a lot of people dying from the flu, as you know,” Donald Trump told reporters at the White House, as his attorney general, William Barr, stood far less than 6 feet behind him. “It looks like it could be over 50,000,” he said about the current flu season, later clarifying that he was referring to deaths from the flu, “not cases, 50,000 deaths, which is a lot.” But the number Trump cited does not reflect people dying from verified cases of the flu. According to data from the CDC, 7,428 deaths from the flu were confirmed by a lab test for that virus in 2019.


If you add in the 3,771 test-confirmed deaths already tallied in 2020, the total number of deaths that can be definitively tied to the flu is 11,199. The much higher number Trump used comes from the possible range of deaths attributable to flu this season — 23,00 to 59,000 — a number that the CDC estimates in part by including people who die from pneumonia even if they weren’t tested for the flu virus. Trump contrasted the high flu numbers — along with automobile accidents, which he said were “far greater than any numbers we’re talking about” — to the number of Covid-19 cases in part to emphasize his administration’s success in responding to the deadly virus. “I think we’re doing a very good job of it,” he said, going on to describe the number of cases in the U.S. as “pretty amazing.”

Read more …

Maybe some cities should sleep a bit more?

Cairo, The City That Never Sleeps, Shuts For Coronavirus Night-Time Curfew (R.)

Egypt and its capital Cairo, a mega-city home to some 20 million people, shut down on Wednesday evening as authorities launched a night-time curfew to tackle the spread of the coronavirus. In a city that never sleeps where restaurants and cafes are usually open until the wee hours, shop owners were closing shutters and commuters rushing home before the start of the 7 p.m. curfew that runs until 6 a.m. Policemen were posted on key roads to stop any violators. Many streets were already almost deserted by 6:30 p.m. “This is a disease, not a joke. People must stay at home, and should not leave their houses after curfew hours,” Mohamed El-Gabaly, a Cairo resident, told Reuters, as he stood in a major street with little traffic just before the curfew.


Egypt has stepped up measures aimed at preventing the spread of the coronavirus – closing airports and gyms, as well as suspending classes at schools and universities until mid-April. Restaurants are restricted to just delivering food. Shops other than supermarkets and pharmacies will be required to close at 5 p.m. on weekdays, two hours earlier than the previous curfew, as well as on weekends. Egypt, a country of 100 million, has reported 456 confirmed cases of the coronavirus and 21 deaths.

Read more …

Andrew the Jailer.

Crisis Daddy Cuomo Uses Coronavirus For New York Bail Reform Rollback (IC)

As the coronavirus pandemic grips the United States, prosecutors, sheriffs, and public officials have raced to reduce the populations held in local jails, where it is next to impossible to protect elderly and otherwise vulnerable incarcerated people. In New York, however, Gov. Andrew Cuomo is bucking this trend, pushing for a new law that would roll back newborn bail reforms that went into effect in January and instead expand judges’ power to put defendants in jail. Cuomo has backed this agenda for years, but his evident insistence on including it in the state’s budget negotiations amid a public health crisis is nonetheless remarkable.

“Every other elected official across the country is thinking about how they can reduce their jail and prison population,” Rena Karefa-Johnson, the New York state director for criminal justice reform for the advocacy group FWD.us, said in an interview. “But in New York, we have elected officials still trying to change legislation that would put thousands more people back in jail and slowing up an emergency budget process to do it. It’s wildly out of step with what’s happening across the country, and it’s wildly at odds with this narrative of New York taking Covid-19 seriously and keeping people safe. It’s bonkers.” The governor’s move comes as his power is ascendant. Cuomo has always wanted to be a crisis governor, engaging in well-documented disaster heroics whenever roadways get slippery.

But that instinct, risible in peacetime, is playing differently in the pandemic. People in New York and around the country are terrified, and the erratic federal response under President Donald Trump has been far from reassuring. Cuomo’s sober, authoritative daily briefings have filled the vacuum. In the last weeks, Cuomo has become America’s Governor, its crisis daddy. In recent days the hashtag #PresidentCuomo has been trending on Twitter. With his popularity soaring, and his constituents preoccupied with looming mass fatalities as the coronavirus threatens to overwhelm the state’s health care capabilities, Cuomo is well positioned to drive through his preferred agenda with hardly anyone noticing.

Read more …

This, too, has only just begun.

California Sees 1 Million Unemployment Claims In Less Than Two Weeks (CNBC)

California Gov. Gavin Newsom said Wednesday that the state has seen 1 million unemployment claims in less than two weeks as the coronavirus pandemic has led to businesses being shut down across the state. “We just passed the 1 million mark, in terms of the number of claims, just since March 13,” Newsom said. Newsom’s announcement comes one day before a key national data release on new jobless claims for the United States, which some have projected to be in the multimillions. The initial claims data has never before surpassed 1 million, and it was 285,000 last week.

The San Francisco area was the first region in the country to install a “shelter-in-place” order, on March 16. Newsom signed a “stay-at-home” order for the whole state three days later. The governor praised the proposed Senate relief bill to help fight the coronavirus pandemic. California provides up to $450 per week for unemployment insurance, Newsom said, and the proposed Senate bill would add $600 per week for up to four months. “This bill will be very helpful, and it’s very timely,” Newsom said. California and its cities will get $10 billion from a block grant portion of the proposed relief bill in the Senate, not including the benefits to workers and individuals, Newsom said.

Read more …

But don’t be surprised if they invade Iran or Venezuela tomorrow morning. And they call this message a great tactical move.

Pentagon Orders A Stop-Movement For All Overseas Troops (JTN)

The Pentagon on Wednesday issued a stop-movement order for all overseas military personnel and civilians for the next 60 days. The measure, designed to prevent the spread of the coronavirus pandemic, follows a previous order that puts a hold on troop movements within the United States. The newly issued order is meant to protect U.S. personnel, and preserve operational readiness, the Pentagon said. The order will interrupt scheduled exercises, deployments, and other overseas activities. “Approximately 90,000 Service Members slated to deploy or deploy over the next 60 days will likely be impacted by this stop movement order,” the statement read. The order includes exceptions for some personnel, including those who currently are traveling. The order is not expected to interfere with the drawdown of U.S. forces from Afghanistan, according to the statement.

Read more …

When the judge is a murderer.

Judge Refuses To Release Julian Assange Over Coronavirus Risk (Ind.)

A judge has refused to release Julian Assange from prison over the coronavirus outbreak. The Wikileaks founder’s lawyers had applied for him to be freed on bail because he was “vulnerable” to the virus inside HMP Belmarsh. He is being held there while awaiting potential extradition to the US on charges relating to the 2010 Wikileaks publications over the Iraq and Afghanistan wars. Mr Assange at Westminster Magistrates’ Court by video-link on Wednesday and was represented by Edward Fitzgerald QC, who wore a surgical mask. The court heard that despite coronavirus being confirmed in other jails, there were not yet an known cases in HMP Belmarsh. But Mr Fitzgerald said that 100 prison officers were off work, adding: “We say there’s a very real problem, a very real risk and the risk could be fatal.”


District judge Vanessa Baraitser refused the bail application, telling the court: “As matters stand today, this global pandemic does not of itself yet provide grounds for Mr Assange’s release.” Supporters of Mr Assange said he had a previously reported lung complaint and was in an “already weakened medical condition”. Kristinn Hrafnsson, editor in chief of Wikileaks, said: “To expose another human being to serious illness, and to the threat of losing their life, is grotesque and quite unnecessary. This is not justice, it is a barbaric decision.” American and British authorities class Mr Assange as a flight risk because he skipped bail over Swedish sexual assault allegations to flee to London’s Ecuadorian embassy in 2012.

Read more …

At least 2 prisoners have already died from the virus in UK jails. 350 have been released.

US High Court Rejects Call To Free 736 Detainees At Risk From Coronavirus

The high court has rejected calls to free hundreds of immigration detainees who, lawyers and human rights activists say, are at risk from Covid-19 while behind bars. The ruling, following a hearing over Skype on Wednesday, was handed down in response to an urgent legal challenge from Detention Action. The legal action asked for the release of hundreds of detainees who are particularly vulnerable to serious illness or death if they contract the virus because of particular health conditions, and also for the release of those from about 50 countries to which the Home Office is currently unable to remove people because of the pandemic. The two judges – Dame Victoria Sharp, president of the Queen’s Bench division, and Mr Justice Swift – came down strongly on the side of the Home Office and highlighted the range of measures already being implemented by the home secretary, Priti Patel.


These included the release of more than 300 detainees last week, ongoing assessments of the vulnerability of individual detainees to the virusand a range of “sensible” and “practical” steps the Home Office is taking to make detention centres safer, such as single occupancy rooms and the provision of face masks for detainees who wish to wear them. “It seems likely that the arrangements already in place by the secretary of state will be sufficient to address the risks arising in the majority of cases,” the judges said, adding that “the present circumstances are exceptional”. The court hearing on Wednesday heard that 736 people are still being detained in the UK, while 350 have been released in recent days. It was also confirmed that detainees in three detention centres have displayed symptoms of Covid-19.

Read more …

#MeToo, but not you.

Time’s Up Said It Could Not Fund #MeToo Allegation Against Joe Biden (IC)

Last April, Tara Reade watched as a familiar conversation around her former boss, Joe Biden, and his relationship with personal space unfolded on the national stage. Nevada politician Lucy Flores alleged that Biden had inappropriately sniffed her hair and kissed the back of her head as she waited to go on stage at a rally in 2014. Biden, in a statement in response, said that “not once” in his career did he believe that he had acted inappropriately. But Flores’s allegation sounded accurate to Reade, she said, because Reade had experienced something very similar as a staffer in Biden’s Senate office years earlier.

After she saw an episode of the ABC show “The View,” in which most of the panelists stood up for Biden and attacked Flores as politically motivated, Reade decided that she had no choice but to come forward and support Flores. She gave an interview to a local reporter, describing several instances in which Biden had behaved similarly toward her, inappropriately touching her during her early-’90s tenure in his Senate office. In that first interview, she decided to tell a piece of the story, she said, that matched what had happened to Flores — plus, she had filed a contemporaneous complaint, and there were witnesses, so she considered the allegation bulletproof. The short article brought a wave of attention on her, along with accusations that she was doing the bidding of Russian President Vladimir Putin. So Reade went quiet.

[..] As the campaign went on, Reade [..] began to reconsider staying silent. She thought about the world she wanted her daughter to live in and decided that she wanted to continue telling her story and push back against what she saw as online defamation. To get legal help, and manage what she knew from her first go-around would be serious backlash, she reached out to the organization Time’s Up, established in the wake of the #MeToo movement to help survivors tell their stories. The Time’s Up Legal Defense Fund was the recipient of an outpouring of donations over the past two-plus years, and is set up as a 501(c)3 nonprofit housed within the National Women’s Law Center. It was launched in December 2017 and was the most successful GoFundMe in the site’s history, raising more than $24 million.

[..] By February, she learned from a new conversation with Time’s Up, which also involved Director Sharyn Tejani, that no assistance could be provided because the person she was accusing, Biden, was a candidate for federal office, and assisting a case against him could jeopardize the organization’s nonprofit status.

Read more …

 

 

Readership is up a lot, but ad revenue only keeps dropping. I’ve said it before, it must be possible to run a joint like the Automatic Earth on people’s kind donations. These are no longer the times when ads pay for all you read, your donations have become an integral part of it. It has become a two-way street; and isn’t that liberating, when you think about it?

You heard it here first, like so many other things. And no, though it would be far more lucrative financially, the Automatic Earth will not adopt any paywalls, not here and not on Patreon. But you can still support us there, as well as right here. It’s easy. Thanks everyone for your donations the past few days. Very much obliged.

 

 

 

 

 

Support us in virustime. Help the Automatic Earth survive. It’s good for you.

 

Mar 152020
 


Dorothea Lange One nation indivisible. San Francisco 1942

 

New York Will Be The Next Italy (M.)
America Has No Real Public Health System – Coronavirus Has A Clear Run (Reich)
Hoboken Mayor Imposes Mandatory Nightly Curfew (NBC)
Coronavirus: Why It’s So Deadly In Italy (M.)
France, Spain Implement Massive and Dramatic Quarantine Restrictions (Slate)
UK Doctor: ‘We Don’t Have The Masks, Goggles – Or The Staff’ (G.)
China Could Have Cut 95% Of Cases If It Acted On Whistleblower Warning (HKFP)
Japanese Man Tests Positive For Coronavirus, Again (NHK)
Anti-Inflammatories May Aggravate COVID-19, France Advises (G.)
Google Says It Is Developing A Nationwide Coronavirus Website (R.)
Fed May Announce Commercial Paper Facilities Sunday – BofA (R.)
American Airlines To Cut Nearly All Long-Haul International Flights (R.)
Virgin Atlantic Boss Seeks £7.5 Billion UK Airline Bailout (R.)
‘Euroleaks’: Varoufakis Leaks Recordings Of Secretive Eurogroup Talks (RT)

 

 

France, Spain increase their lockdown measures, but France and Germany still exist on holding their municipal elections. Must be more important than virus response. More important than the survival of small firms too.

In France, over half of COVID19 patients in intensive care are under 60. Holland has 40-50 patients in intensive care, over half of whom are under 50. Some are children. The family of a 16-year old boy on life support in IC pleads with people to take the disease seriously.

Politicians of all colors invent the wheel as they go along, mostly as ignorant as the media whose ignorant news stories they base their decisions on. The model is simple: do the same as others do, so you can blame them when things go awry.

Belgium shut all its stores and bars, Holland did not yet, so Belgians go drinking in cramped Dutch bars en masse. The EU says it has few powers in this, thus ensuring it can’t be blamed.

The US is set for the worst disaster of all, it has to enforce travel restrictions very rapidly or else, ground domestic flights, close down highways, the works. And get hospitals working for ten times as many patients as they’re designed for. Good luck.

The calls for a UBI will grow louder at both sides of the Atlantic, and the power bastions will reject them with equal vehemence and bail out zombie companies instead. Our political systems work only in good times.

 

Cases 157,477 (+ 11,150 from yesterday’s 146,327)

Deaths 5,845 (+ 402 from yesterday’s 5,443)

 

The numbers in this graph are terrifying. 3,500 new cases in Italy in 24 hours.

From Worldometer yesterday evening (before their day’s close)

 

 

This set of graphs from Worldometer has turned almost straight north:

From Worldometer (NOTE: mortality rate is back up to 7%!)

 

 

From SCMP: (Note: the SCMP graph was useful when China was the focal point; they are falling behind now)

 

 

From COVID2019.app: (New format lacks new cases and deaths)

 

 

 

 

“Close everything but grocery stores, banks, and pharmacies. Convert schools into food distribution centers. Bring in the National Guard to provide essential services like food and augment police and emergency services. Issue checks to all New Yorkers for the length of the quarantine for at least $500 per person per month.”

New York Will Be The Next Italy (M.)

Analysis strongly suggests that the NYC metro area has 5–10 days to quarantine the city or face dramatically overwhelmed hospitals, extremely high death rates, and a ruined economy. The outlook for NYC and COVID-19 is bleak. The policy response is far too slow and too weak to meet the needs of the moment.

The Analysis – The NYC region has approximately 400 cases reported as of Friday Mar 13. That number is obviously an underestimate. After accounting for undercounting of asymptomatic cases and failing to detect cases due to under testing, we estimate that between 1,281 and 2,280 people are infected as of yesterday.

Using an SIR Epidemiology Model (described in greater detail in my previous Medium post), we can use the Low and High estimates for infections on 3/13 to project #COVID19 growth through March. Then using those projections for infections, we can use a conservative 10% severity rate to get the number of people who are infected on that day that will require hospitalization (severe & critical cases).

The NYC region has between 1,200 and 3,000 open hospital beds. This analysis suggests that enough people will become infected by March 23 and March 25 that NYC’s hospitals will be fully at capacity approximately 7 days later. (Infected people who will become severely ill do not immediately need medical care upon being infected. There is approximately a 5–7 day incubation period. After which, most severe cases present to the hospital within 2–3 days.)

The Obvious Choice – NYC must implement more severe social distancing measures and potentially fully shut down no later than a week from now in order to avoid overwhelming its hospital system. Think about the choices here: The Status Quo: The governor and the mayor continue to allow the virus to spread at schools, subways, restaurants, cafes, and workplaces. This is the exact same approach Italy took at the beginning of its outbreak. Seriously take a look at this article from two and a half weeks ago when Italy only had 160 cases (vs NYC’s 500+).

“Strict emergency measures were put in place over the weekend, including a ban on public events in at least 10 municipalities, after a spike in confirmed cases in the northern regions of Lombardy and Veneto. Italy’s Health Minister Roberto Speranza announced severe restrictions in the affected regions, which included the closure of public buildings, limited transport, and the surveillance and quarantine of individuals who may have been exposed to the virus. “We are asking basically that everyone who has come from areas stricken by the epidemic to remain under a mandatory house stay,” Speranza said at a Saturday press conference.” — CNN, Feb 24 2020

Sound familiar? It’s the exact same thing New York is trying now. It won’t work here either. After that fails here too, we will wind up with the Italian situation. Overflowing hospitals. Demand at two, three, five times the capacity of the hospitals’ ability to deliver care. What’s worse is that their capacity will decline as cases overflow. Their doctors and nurses will be exposed and have to be quarantined, reducing an already strained workforce. Soon after, chaos in the hospitals will lead to fear in the whole city. You will see reports of people dying in their apartments because there isn’t capacity for them in hospitals. This fear alone will shut down the city. The economy will be ruined and tens, if not hundreds, of thousands of New Yorkers will die this year. This could all start at the beginning of April, if we don’t act within the next 5–10 days.

The Better Alternative: Shut down the city this week. Close everything but grocery stores, banks, and pharmacies. Convert schools into food distribution centers. Bring in the National Guard to provide essential services like food and augment police and emergency services. Issue checks to all New Yorkers for the length of the quarantine for at least $500 per person per month. Limit travel outside of the region. Slow the growth of the virus to a crawl immediately.

Read more …

“In America, the word ‘public’ means a sum total of individual needs, not the common good..”

Robert Reich has drowned himself for 3 years in repetitious and utterly boring Orange Man Bad rhetoric, but this is worth a read.

America Has No Real Public Health System – Coronavirus Has A Clear Run (Reich)

As the coronavirus outbreak in the US follows the same grim exponential growth path first displayed in Wuhan, China, before herculean measures were put in place to slow its spread there, America is waking up to the fact that it has almost no public capacity to deal with it. Instead of a public health system, we have a private for-profit system for individuals lucky enough to afford it and a rickety social insurance system for people fortunate enough to have a full-time job. At their best, both systems respond to the needs of individuals rather than the needs of the public as a whole. In America, the word “public” – as in public health, public education or public welfare – means a sum total of individual needs, not the common good.

Contrast this with America’s financial system. The Federal Reserve concerns itself with the health of financial markets as a whole. Late last week the Fed made $1.5tn available to banks, at the slightest hint of difficulties making trades. No one batted an eye. When it comes to the health of the nation as a whole, money like this isn’t available. And there are no institutions analogous to the Fed with responsibility for overseeing and managing the public’s health – able to whip out a giant checkbook at a moment’s notice to prevent human, rather than financial, devastation. Even if a test for the Covid-19 virus had been developed and approved in time, no institutions are in place to administer it to tens of millions of Americans free of charge. Local and state health departments are already bare bones, having lost nearly a quarter of their workforce since 2008, according to the National Association of County and City Health Officials.

Healthcare in America is delivered mainly by private for-profit corporations which, unlike financial institutions, are not required to maintain reserve capacity. As a result, the nation’s supply of ventilators isn’t nearly large enough to care for projected numbers of critically ill coronavirus victims unable to breathe for themselves. Its 45,000 intensive care unit beds fall woefully short of the 2.9 million likely to be needed. The Fed can close banks to quarantine financial crises but the US can’t close workplaces because the nation’s social insurance system depends on people going to work. Almost 30% of American workers have no paid sick leave from their employers, including 70% of low-income workers earning less than $10.49 an hour.

Vast numbers of self-employed workers cannot afford sick leave. Friday’s deal between House Democrats and the White House won’t have much effect because it exempts large employers and offers waivers to smaller ones. Most jobless Americans don’t qualify for unemployment insurance because they haven’t worked long enough in a steady job and the ad-hoc deal doesn’t alter this. Meanwhile, more than 30 million Americans have no health insurance.

Read more …

Each on and for his own.

Hoboken Mayor Imposes Mandatory Nightly Curfew (NBC)

Days after Hoboken officials announced the city’s first positive case of COVID-19, the mayor declared a mandatory nightly curfew in the latest attempt to stop the spread of the virus. Mayor Bhalla detailed the curfew in a city blogpost late Saturday night, outlining the details of a nightly curfew that will run from 10 p.m. and end at 5 a.m. each night. The curfew is scheduled to begin Monday evening. All Hoboken residents will be required to remain indoors during the curfew hours except for emergencies and required work, the mayor said.


“As I am writing this message on a Saturday evening, I received a call from our Police Chief Kenneth Ferrante notifying me of a bar fight in downtown Hoboken, with at least one person falling in and out of consciousness, and our police having to wait for over 30 minutes for an ambulance to arrive, because our EMS is inundated with service calls,” the mayor said in an online statement. “This is unfortunately a contributing factor why we cannot continue bar operations which can trigger calls for service that are delayed in part because of this public health crisis.” In addition to nightly curfews, restaurants and bars within city limits will only be allowed to offer takeout and delivery options, the mayor said. Food and drink establishments will not be allowed to seat diners during the mandated curfew.

Read more …

Sort of nice, but not satisfying for me. The tweet below says why: testing “methods” are very different. South Korea tests everyone, Italy only tests suspected cases.

Coronavirus: Why It’s So Deadly In Italy (M.)

Many people have already pointed out that Italy has an older population than South Korea. The higher Italian CFR might therefore reflect a higher likelihood that an old person becomes infected with the coronavirus simply because there are more old people among the Italian population. We can easily check the plausibility of this argument by comparing the age structure of the coronavirus cases with the age structure of the total population for both countries. The population data are from the United Nations’ World Population Prospect 2019.


In South Korea, the age structure of the coronavirus cases is remarkably similar to the age structure of the population, in particular for the older age groups. The 20–29-year-olds are still hugely overrepresented among the confirmed cases relative to their population share, but their surplus is balanced by the underrepresentation of cases among the 0–9- and 10–19-year-olds. These three youngest age groups face a very low risk of dying from COVID-19. The South Korean CFR is hence not depressed or exaggerated by an under- or overrepresentation of older Koreans among the confirmed cases.

The same is not true for Italy: The share of confirmed cases at age 70–79 exceeds the population share of this age group by more than a factor of two. Among those aged 80 and more, the case share is almost three times as high as the population share. By contrast, young people and hence low-fatality-risk people are visibly underrepresented among the confirmed cases.

Hence, the question remains why the age distribution of cases is shaped so differently in Italy compared to South Korea. It has also been pointed out that the testing procedures for coronavirus in the countries are very different — Italy has predominantly been testing people with symptoms of a coronavirus infection, while South Korea has been testing basically everyone since the outbreak had become apparent. Consequently, South Korea has detected more asymptomatic, but positive cases of coronavirus than Italy, in particular among young people.

Read more …

The continent locks down. People expect this to last 2 weeks or so. What happens if that becomes 4 months?

France, Spain Implement Massive and Dramatic Quarantine Restrictions (Slate)

More European nations have joined Italy in enacting dramatic measures meant to keep their citizens in their homes for all but the most necessary of circumstances in an effort to slow the spread of the novel coronavirus. On Saturday, Spain ordered all of its citizens to stay in their homes unless they absolutely have to leave to go to work, buy food, seek medical care, or help out elderly or otherwise vulnerable people in need of assistance. All bars, restaurants, and schools were ordered to close. France also ordered all restaurants, bars, cafes, movie theaters, and other “non-indispensable businesses” to close starting at midnight. Grocery stores, pharmacies, banks, and gas stations are some of the only exceptions.

Both countries had seen an uptick in cases in recent days. Spain saw 2,000 new cases on Saturday alone, bringing its total up to more than 5,700. The number of cases in France has recently doubled and the country now has around 4,500 confirmed cases. Italy, the country with the most cases after China, has been operating under these restrictions in a full quarantine since Monday. More than 21,000 people have contracted the virus there, and more than 1,440 people have died from it.

Some non-European countries have taken similar measures. Starting Sunday, all restaurants, cafes, calls, hotels, movie theaters, gyms, and schools in Israel will be closed. Israel, which has less than 200 cases, also banned any foreign visitors from entering the country and gatherings of more than 10 people. Iran, which follows Italy as the third hardest-hit, has closed all schools, universities, sporting events, cafes, restaurants, museums, and movie theaters. And like Italy, it cracked down on travel within the country.

Read more …

Health care for profit doesn’t appear to be the best idea out there. In a nutshell: Systems need redundancy.

UK Doctor: ‘We Don’t Have The Masks, Goggles – Or The Staff’ (G.)

NHS staff are asking the same questions as everyone else about coronavirus. How deadly is it? How do we protect ourselves? Are the government’s tactics right? And how will the health service cope when – and it is when – it leaves large numbers of people seriously ill, many fighting for their lives? These questions are even more pressing for us because within two weeks we will be part of the frontline against a threat that we’ve never seen the like of before. I’m worried that our hospital’s beds are already 98% full. We are full of “social patients” – people medically fit to go but who can’t be discharged because there isn’t a place in a care home for them, or the care package to allow them to go home hasn’t been sorted.

So where are all the people needing life-or-death care from Covid-19 going to go? We’re barely two weeks from being in the same situation as Italy, with huge numbers of people needing to be in hospital. Yet we don’t have enough protective equipment like masks and goggles. And the NHS is under-staffed. We have to haggle with management about a minuscule pay rise for doctors willing to work extra shifts and expose themselves to danger. We don’t have enough isolation rooms or ventilators, which will be vital. Intensive care units will be the NHS’s most precious resource, but ours are close to full most of the time. We’re told of plans to increase ICU capacity. Yet you need a specially trained nurse for each ICU bed. Where will the extra staff come from?

Too few beds, staff and equipment; I’m worried that the NHS is completely ill-equipped to handle Covid-19. When Boris Johnson talks about our wonderful NHS and how well-prepared it is, that’s bullshit. He either doesn’t have a clue or is trying to falsely reassure people. The NHS has been hit hard before, by underfunding, terrorist attacks and tough winters. But usually crises are stretched over a period of time. With coronavirus it will all come at once.

https://twitter.com/i/status/1238924372867461123

Read more …

Just as Xi starts boasting about the approach, these guys try to spoil the party. Do a study like this for Italy too. And the US.

China Could Have Cut 95% Of Cases If It Acted On Whistleblower Warning (HKFP)

China could have prevented 95 per cent of coronavirus infections if its measures to contain the outbreak had begun three weeks earlier, research from the University of Southampton suggests. However, China only took vigorous action in late January – weeks after police silenced a doctor for trying to raise the alarm. First detected in Hubei, more than 146,000 people globally have now been infected with Covid-19, whilst over 5,500 have died from the SARS-like disease. The study published this week by population mapping group WorldPop measured the effectiveness of nonpharmaceutical interventions. The researchers examined how China isolated ill persons, quarantined exposed individuals, conducted contract tracing, restricted travel, closed schools and workplaces, and cancelled mass gatherings.

The analysis – which has yet to be peer-reviewed – found that early case detection and contact reduction were effective in controlling the virus and combined measures can reduce transmission. They can also delay the timing and reduce the size of the epidemic’s peak, and thus buy time for healthcare preparations and drugs research. The simulations drew on human movement and illness data to model how combined interventions might affect the spread of Covid-19. Coronavirus cases could have been reduced by 66 per cent if the measures were taken a week earlier, the study suggested, or by 86 per cent if action began two weeks earlier. If action was taken three weeks later, then the situation could have worsened 18-fold.

Most efforts to tackle the outbreak took place in late January, weeks after Wuhan ophthalmologist Dr Li Wenliang tried to warn about the mystery disease on December 30. He was among eight people who were punished by police on January 1 for spreading “rumours” about the virus. The Public Security Bureau made Li sign a letter stating that he had made “false comments” and had “severely disturbed the social order.” He died last month of the disease, aged 34, prompting widespread outrage in China.

Read more …

Reinfection, false negative?

Japanese Man Tests Positive For Coronavirus, Again (NHK)

Officials in western Japan’s Mie Prefecture say a man who was a passenger on a cruise ship that was hit by the coronavirus has again tested positive after recovering from infection. The man, who is in his 70s, first tested positive for the virus on February 14 while he was onboard the Diamond Princess, which was under quarantine off Yokohama. He left a medical facility in Tokyo on March 2 after he was confirmed negative. He returned to his home in Mie by public transportation. But he started to feel sick and developed a fever of 39 degrees Celsius on Thursday. He went to hospital on Friday, and on Saturday was confirmed to be infected again. He is now receiving treatment at a hospital in the prefecture. Prefectural officials plan to trace his recent activities and carry out checks of people who have had close contact with him.

Read more …

Something for our medical commentariat.

Anti-Inflammatories May Aggravate Covid-19, France Advises (G.)

French authorities have warned that widely used over-the-counter anti-inflammatory drugs may worsen the coronavirus. The country’s health minister, Olivier Véran, who is a qualified doctor and neurologist, tweeted on Saturday: “The taking of anti-inflammatories [ibuprofen, cortisone … ] could be a factor in aggravating the infection. In case of fever, take paracetamol. If you are already taking anti-inflammatory drugs, ask your doctor’s advice.” Health officials point out that anti-inflammatory drugs are known to be a risk for those with infectious illnesses because they tend to diminish the response of the body’s immune system.


The health ministry added that patients should choose paracetamol because “it will reduce the fever without counterattacking the inflammation”. French patients have been forced to consult pharmacies since mid-January if they want to buy popular painkillers, including ibuprofen, paracetamol and aspirin, to be reminded of the risks. Jean-Louis Montastruc, the head of pharmacology at Toulouse hospital, told RTL radio: “Anti-inflammatory drugs increase the risk of complications when there is a fever or infection.”

Read more …

We really need their greedy fingers in that too.

Google Says It Is Developing A Nationwide Coronavirus Website (R.)

Alphabet’s Google said on Saturday that it was working with the U.S. government to develop a nationwide website that would help Americans with questions about coronavirus symptoms, risk factors and testing. “We are fully aligned and continue to work with the U.S. government to contain the spread of COVID-19, inform citizens, and protect the health of our communities,” Google said in a statement on Twitter. President Donald Trump had thanked Google on Friday for developing a website that he said would help people determine whether they needed a coronavirus test, saying that 1,700 engineers were working on it.


That prompted the search and advertising giant to respond that, in fact, a life sciences division, Verily, was in the early stages of developing a tool to help triage Americans who may need testing for the coronavirus and that it would be tested in the Bay Area and expanded over time. Alphabet’s shares closed up more than 9% after the Friday announcement by the president. Pressure has been rising on U.S. officials to increase and improve testing for the fast-spreading virus, which has reached almost every U.S. state, closed schools and forced the cancellation of thousands of sporting events, conferences and concerts amid efforts to stop its spread by keeping Americans out of big crowds.

Read more …

But bloated corpses contain toxic and smelly gases.

Fed May Announce Commercial Paper Facilities Sunday – BofA (R.)

The Federal Reserve may announce measures on Sunday night aimed at bolstering liquidity in the commercial paper market, used by companies for short-term loans, analysts at Bank of America wrote. The bank’s analysts said they believe the Fed will announce a Commercial Paper Funding Facility, an operation previously used in 2008 in which the Fed buys commercial paper from issuers directly, and a Commercial Paper Dealer Purchase Facility in which the Fed would buy commercial paper from dealers directly. The measures, if taken, would be aimed at buffering the market ahead of potentially large outflows from money market funds in coming days, analysts at the bank wrote.


“We believe it imperative the Fed roll out these facilities on Sunday night given the looming expected prime (money market fund) outflows and necessity of their ability to sell (commercial paper) in order to raise cash,” the report said. “If the Fed waits too long the (money market fund) outflow pressure could mount and the risk of a large scale (money market fund) run could increase.” Liquidity – or the ability for buyers and sellers to easily transact – has dried up in the commercial paper market in recent weeks as the coronavirus has roiled credit markets and hit the price of commercial paper. Expectations of a rush of new issuance has also driven prices lower.

Read more …

“..the changes will result in the airline parking nearly its entire widebody fleet..”

American Airlines To Cut Nearly All Long-Haul International Flights (R.)

American Airlines on Saturday said it will implement a phased suspension of nearly all long-haul international flights starting March 16, amid reduced demand and travel restrictions due to the ongoing coronavirus outbreak. Between March 16 and May 6, American will reduce its international capacity by 75% on a year-over-year basis, it said in a statement, adding the changes will result in the airline parking nearly its entire widebody fleet. The airline also anticipates its domestic capacity in April will be reduced by 20% on a year-over-year basis. Domestic capacity for the month of May will be reduced by 30%, the company added.

Read more …

First you bloat your company beyond proportions, then you demand your recently bloated shape is saved from normalizing.

Save people, not companies.

Virgin Atlantic Boss Seeks £7.5 Billion UK Airline Bailout (R.)

Virgin Atlantic’s chairman Peter Norris will write to British Prime Minister Boris Johnson on Monday saying the country’s airline industry needs emergency government support worth 7.5 billion pounds ($9.20 billion) or risks the loss of tens of thousands of jobs, Sky News reported on Saturday. The letter would ask the British government to provide airlines with a credit facility to help them through a potentially prolonged period of slumping revenue amid the coronavirus pandemic, Sky News said, citing sources.

Read more …

Snowing under in the virus.

‘Euroleaks’: Varoufakis Leaks Recordings Of Secretive Eurogroup Talks (RT)

The former finance minister of Greece, Yanis Varoufakis, has released a cache of audio files, secretly recorded in 2015 during the bailout talks with the Eurogroup – a powerful group of eurozone’s finance chiefs.
The recordings and their transcripts were released by Varoufakis on the website of his ‘pan-European’ DiEM25 party on Saturday. The files –dubbed ‘Euroleaks’– were recorded between February and July 2015, when cash-strapped Athens was entangled in painful talks with its creditors. In 2015, Varoufakis was the chief negotiator for then-ruling Syriza party, dealing with the Eurogroup and those behind it – the so-called ‘troika.’ It comprises the three main lenders of the eurozone nations – the European Commission, the European Central Bank and the IMF.

While the Eurogroup is de-jure an informal group, it is actually a powerful decision-making institute that lacks accountability and transparency – and does not keep any records. The main goal in releasing the recordings is to shed light on its secretive activities, Varoufakis said in a video announcing the Euroleaks. The lenders took a tough, ‘take it or leave it’ stance on Greece, effectively presenting it with an ultimatum. At the same time, they blamed Greek negotiators for stalled talks – and no records were available to prove them wrong.

“You will hear the [then-]president of the Eurogroup [Jeroen Dijsselbloem] and other ministers warn me that if I dare table written proposals within the Eurogroup meetings, that would be the end of the negotiations,” Varoufakis said. “At the very same time they were leaking to the press that I was arriving at Eurogroup meetings without any proposals.” Apart from bringing into the limelight the “intransparent action by an unelected group of politicians who influence all our lives,” the leaks also serve another purpose. The putting in the public domain of the secret recordings is aimed at fighting attempts by the incumbent Greek government to “weaponize fake news,” produced by the Eurogroup back in 2015 to justify new austerity measures for the country, Varoufakis said.

Read more …

 

 

 

If you read us, please support us. Help the Automatic Earth survive.