Skip to main content

Home/ TOK Friends/ Group items tagged coronavirus

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
katherineharron

This Michelin-starred restaurant was closed by coronavirus. Now it's feeding vulnerable... - 0 views

www.cnn.com/...index.html

shared by katherineharron on 28 Mar 20 - No Cached
  • Every restaurant and pub in the United Kingdom has been ordered to close as the country seeks to limit the spread of the novel coronavirus. On the outskirts of Birmingham, one award-winning restaurant is riding out the crisis by assisting people in need and accepting help from German supermarket chain Aldi.
  • The UK government has since pledged to pay 80% of employee wages during the crisis, but at the time Aldi's intervention was a "miracle" for Hampton Manor. "That was a huge moment of relief for us," said James Hill.
  • "It's advertised as one-for-one model but in reality we'll probably give out more meals than we are selling," said James Hill. "The goal is to encourage people to support their community by buying from us," he added.
katherineharron

Spain coronavirus: How nation became one of world's pandemic hotspots - CNN - 0 views

www.cnn.com/...index.html

shared by katherineharron on 28 Mar 20 - No Cached
  • Unseasonably warm weather, Champions League football and other major events, homes on the beach and the café culture: just a few of the factors that may have helped carry an insidious virus across southern Europe -- from country to country and city to city, from Italy to Spain and Portugal.
  • More than 5,000 people have died since a coronavirus outbreak exploded in Spain, one of the countries worst affected by the pandemic. The country has more than 54,000 active cases of the virus, according to recent figures from the ministry of health.
  • Immunologist Francesco Le Foche is of the same view, telling the Corriere dello Sport: "It's probable that there were several major triggers and catalysts for the diffusion of the virus, but the Atalanta-Valencia game could very well have been one of them.
  • ...2 more annotations...
  • Two days later, in the town of Codogno, some 60 kilometers (40 miles) from Bergamo, a 38-year-old man known as "patient one" was diagnosed with the virus. But by then, according to research reported by nearly 20 Italian specialists, the virus had long been on the move.
  • But in other respects, life in Spain went on pretty much as normal. Bars and cafes were open; unseasonably warm weather brought Spaniards out into common spaces. Rallies for International Women's Day on March 8 brought tens of thousands onto the streets across Spain, including a crowd estimated at 120,000 in Madrid. Two female cabinet ministers who attended the event later tested positive for coronavirus, although it's not known how they contracted the virus. Opposition parties have criticized the government for allowing those events to go ahead.
sanderk

The coronavirus-induced recession could become a depression, PIMCO says | Markets Insider - 0 views

markets.businessinsider.com/...olicy-global-2020-3-1029000273

economy education Knowledge research

shared by sanderk on 28 Mar 20 - No Cached
  • The coronavirus pandemic has brought much economic activity around the world to a halt, making a global recession appear inevitable — it could become a depression if policy makers don't act fast enough, according to Joachim Fels of Pacific Investment Management Co. 
  • On Sunday, the Federal Reserve sprang into action in an attempt to save the US economy from fallout amid the coronavirus pandemic. The central bank lowered its benchmark interest rate to near zero and said that it will increase bond holdings by $700 billion, among other measures. 
  • The task at hand for governments and central banks continues to be that the recession "stays relatively short-lived and doesn't morph into an economic depression," Fels said. This will require a "very large fiscal response" to support individuals and businesses adversely affected by the crisis, he wrote.
  • ...2 more annotations...
  • US equities all but shrugged off the emergency measures — the Dow Jones Industrial Average shed 2,700 points at the open, and the S&P 500 slipped 8%, hitting a circuit breaker that halted trading for 15 minutes. When it resumed, stocks continued to slump. 
  • In addition to facilitating more expansionary fiscal policy, "central banks will also have to ensure that credit can continue to flow to companies and households," he said. 
katherineharron

America is in turmoil and stocks are booming. Is the market broken? - CNN - 0 views

www.cnn.com/...index.html

shared by katherineharron on 04 Jun 20 - No Cached
  • The stock market is not the economy. But rarely has the gap between Wall Street and Main Street felt so wide.
  • The United States is going through its worst race crisis since 1968 following the death of George Floyd, an unarmed black man, at the hands of a police officer in Minneapolis. Riots have hit cities across the nation. Looting is rampant. And President Donald Trump is threatening to send in the military to stop the violence.
  • The civil unrest could exacerbate the coronavirus pandemic that has already killed more than 100,000 Americans. That in turn could deepen the economic collapse that has forced more than 40 million people to file for unemployment.
  • ...7 more annotations...
  • The S&P 500 closed Tuesday at the highest level in nearly three months. The Nasdaq has spiked 40% since March 23, fueled by the resilience of Big Tech, and is now within striking distance of all-time highs.
  • unprecedented stimulus from the Federal Reserve, and investors not wanting to miss out on monster returns once the economy recovers.
  • That means that while Main Street is still grappling with coronavirus, racial crisis and the impacts of both, Wall Street is doing just fine. Fed policy has allowed markets to decouple from economic reality.
  • Although the unrest was initially sparked by the killing of George Floyd, the continued broader economic discontent is an undercurrent.
  • that the American dream is not alive and well.
  • The divide between rich and poor was worsened by the Great Recession and its aftermath. The US government's response relied heavily on easy money from the Fed, rather than the kind of fiscal stimulus that can help lower-income Americans.
  • First, the coronavirus pandemic disproportionately hit poorer Americans, many of whom work in the hospitality and service sectors rocked by the pandemic. Nearly 40% of low-income workers lost their jobs in March alone, according to the Fed.
katherineharron

Undocumented immigrants in the US won't get stimulus checks amid coronavirus lockdown -... - 0 views

www.cnn.com/...index.html

shared by katherineharron on 28 Mar 20 - No Cached
  • Millions of workers aren't getting any help from the largest emergency aid deal in US history.
  • But immigrant rights advocates say leaving this group out of the $2 trillion plan isn't merely a matter of dollars and cents, and it isn't something that only affects undocumented workers and their families. It's a dangerous decision, they argue, that puts the whole country's health at risk as the novel coronavirus spreads.
  • This isn't just another set of salvos in the political battle over immigration that's raged in our country for decades. It's a very different debate -- because of who could be impacted, and what's at stake.
  • ...3 more annotations...
  • "From a public health perspective, you cannot have an effective national response to a pandemic that excludes enormous segments of the population. That's both illogical and immoral," Sarmiento says.
  • "With one of the worst jobless reports in quite a few years, the primary focus right now should be on American workers and lawful immigrants," said Chris Chmielenski, deputy director of Numbers USA. "We should make sure that those people are taken care of first."
  • "This is a crisis moment for hundreds of thousands of undocumented workers and families that don't have any sort of a basic work protections, like sick leave, like unemployment insurance," says Sarmiento of the National Day Laborer Organizing Network.
tongoscar

Coronavirus Cases Seemed to Be Leveling Off. Not Anymore. - The New York Times - 0 views

www.nytimes.com/...coronavirus-cases-china.html

shared by tongoscar on 14 Feb 20 - No Cached
  • On Thursday, health officials in China reported more than 14,000 new cases in Hubei Province alone. A change in diagnostic criteria may be the reason.
  • The news seemed to be positive: The number of new coronavirus cases reported in China over the past week suggested that the outbreak might be slowing — that containment efforts were working.
  • The sharp rise in reported cases illustrates how hard it has been for scientists to grasp the extent and severity of the coronavirus outbreak in China, particularly inside the epicenter, where thousands of sick people remain untested for the illness.
  • ...7 more annotations...
  • Hospitals in Wuhan, China — the largest city in Hubei Province and the center of the epidemic — have struggled to diagnose infections with scarce and complicated tests that detect the virus’s genetic signature directly. Other countries, too, have had such issues.
  • In China, health officials have been under exceptional strain. Hospitals are overwhelmed, and huge new shelters are being erected to warehouse patients. Medical resources are in short supply. It’s never been clear who is being tested.
  • The push to prioritize lung scans seems to have begun with a social media campaign by a physician in Wuhan, who last week called for using the scans to simplify the screening of patients and to accelerate their hospitalization and treatment.
  • The new coronavirus is highly transmissible and will be difficult to squelch. A single infected “super-spreader” can infect dozens of others. Outbreaks can seem to recede, only to rebound in short order, as the weather or conditions change.
  • In Hong Kong, people living 10 floors apart were infected, and an unsealed pipe was blamed. A British citizen apparently infected 10 people, including some at a ski chalet, before he even knew he was sick.
  • Unlike MERS and SARS, both diseases caused by coronaviruses, the virus spreading from China appears to be highly contagious, though it is probably less often fatal.
  • The country is so central to the world economy that it can easily “seed” epidemics everywhere, he said.
tongoscar

Coronavirus Live Updates: China Is Tracking Travelers From Hubei - The New York Times - 0 views

www.nytimes.com/...china-coronavirus.html

shared by tongoscar on 14 Feb 20 - No Cached
  • To combat the spread of the coronavirus, Chinese officials are using a combination of technology and policing to track movements of citizens who may have visited Hubei Province.
  • Mobile phone owners in China get their service from one of three state-run telecommunications firms, which this week introduced a feature for subscribers to send text messages to a hotline that generates a list of provinces they have recently visited. That has created a new way for the authorities to see where citizens have traveled.At a high-speed rail station in the eastern city of Yiwu on Tuesday, officials in hazmat suits demanded that passengers send the text messages and then show their location information to the authorities before being permitted to leave the station. Those who had passed through Hubei were unlikely to be allowed entry.
  • Top officials in Beijing on Thursday expanded their mass roundup of sick or possibly infected people beyond Wuhan, the city at the center of the outbreak, to include other cities in Hubei Province that have been hit hard by the crisis, according to the state-run CCTV broadcaster.
  • ...14 more annotations...
  • Chinese officials reported Friday that a surge in new infections was continuing, though not as markedly as the day before, when the number of people confirmed to have the virus in Hubei Province skyrocketed by 14,840 cases.
  • Japan has confirmed its first death from the virus.
  • For a moment on Thursday, it seemed as if there might be some good news from the Diamond Princess, the cruise ship being held in the port of Yokohama in Japan, when the authorities said they would release some passengers to shore to finish their quarantine.Instead, Japanese health officials announced the first death from the virus in the country, of a woman in her 80s. It was third death from the virus outside mainland China. The woman had no record of travel there.
  • The Centers for Disease Control said Thursday that a person under quarantine at a military base in San Antonio had tested positive for the virus, bringing the number of confirmed coronavirus patients in the United States to 15.
  • For the first time in a decade, global oil demand is expected to fall.
  • The arts world, too, is feeling the squeeze.Image
  • Movie releases have been canceled in China and symphony tours suspended. A major art fair in Hong Kong was called off. And spring art auctions half a world away in New York have been postponed because well-heeled Chinese buyers may find it difficult to travel to them.
  • The U.S. reported its 15th case after a person under quarantine tested positive.
  • The travel industry in Asia has been upended.Image
  • China ousted a provincial leader at the center of the outbreak.
  • China’s leader, Xi Jinping, on Thursday summarily fired two top Communist Party officials from Hubei Province, exacting political punishment for the regional government’s handling of the crisis.
  • A second citizen-journalist in Wuhan has disappeared.
  • A video blogger in the city of Wuhan who had been documenting conditions at overcrowded hospitals at the heart of the outbreak has disappeared, raising concerns among his supporters that he may have been detained by the authorities.The blogger, Fang Bin, is the second citizen journalist in the city to have gone missing in a week after criticizing the government’s response to the coronavirus epidemic.Mr. Fang began posting videos from hospitals in Wuhan on YouTube last month, including one that showed a pile of body bags in a minibus. In early February, Mr. Fang said he had been briefly detained and questioned. A few days later, he filmed an exchange he had with strangers who showed up at his apartment claiming to bring him food.Mr. Fang’s last video, posted on Sunday, was a message written on a piece of paper: “All citizens resist, hand power back to the people.”Last week, Chen Qiushi, a citizen-journalist and lawyer in Wuhan who recorded the plight of patients and the shortage of hospital supplies, vanished, according to his friends.
  • South Korea quarantined hundreds of soldiers who visited China.
tongoscar

Coronavirus hasn't hit NYC but it's still hurting local economy - 0 views

nypost.com/...till-hurting-the-local-economy

shared by tongoscar on 22 Feb 20 - No Cached
  • What happens to New York when a huge chunk of the global economy is under quarantine? For all the hullabaloo over Team Trump’s travel restrictions on some majority-Muslim countries, the biggest experiment in closing the border is right now, over a public-health scare. Because of coronavirus, America is effectively off limits to Chinese people. The coronavirus thus imperils one of Gotham’s biggest industries: tourism.
  • With much of the Chinese manufacturing workforce sidelined, the US auto industry can’t get the ­imported parts it needs to make its cars here; Chinese factories that make iPhones have been mostly shuttered for weeks.
  • New York likes to make fun of its tourists — and Chinese visitors, because of their sheer numbers, tendency to travel in groups and spending power, have become the new version of the “ugly Americans” who started tramping all over Europe after World War II.
  • ...2 more annotations...
  • If coronavirus impacts travel the way the SARS virus did 17 years ago, the United States could see a nearly 30 percent drop in visits from the country, according to Tourism Economics, with LA and New York most impacted.
  • It isn’t only Chinese visitors staying away; New Yorkers, too, may be fearful, and irrationally so, as New York has no reported ­coronavirus cases. Koo heartily invites New Yorkers to come to Flushing and take advantage of the smaller crowds. “Buy stuff, eat out,” he counsels.
katherineharron

Air pollution drops as Europeans stay at home - CNN - 0 views

www.cnn.com/...index.html

shared by katherineharron on 27 Mar 20 - No Cached
  • Most Europeans are currently living under severe restrictions, stuck at home, desperately hoping for the coronavirus pandemic to pass soon.
  • The huge decline in road traffic, air travel and other business activities across Europe has led to sharp reductions in pollution over several major cities, new images published by the European Space Agency show. A similar effect has been recorded across the United States and in China.
  • The impact of the pandemic-related restrictions on air quality is staggering. In some parts of Europe, the levels of toxic pollutants in the air have been slashed by a half.
delgadool

Coronavirus pandemic: Congress response lets down workers, US economy - Business Insider - 0 views

www.businessinsider.com/kers-us-economy-failure-2020-3

shared by delgadool on 23 Mar 20 - No Cached
  • The US share of global GDP is nearly 15%. If our economy can't stabilize and then recover from the coronavirus pandemic, it will be harder for the world to do so
  • it's imperative that Congress write fair, generous legislation to get us through the economic shutdown required to fight the virus
  • But that isn't what's happening. Republicans accuse Democrats of not moving fast enough. Democrats accuse Republicans of short-changing American workers and favoring big corporations.
  • ...9 more annotations...
  • Under-funding this stimulus will drag the global economy down. And any appearance that corporations are getting a more fair deal than individuals will make people not want to comply. A lack of compliance will drag on the crisis.
  • When it falls into ruin, the entire global economy drags. We saw that happen during the financial crisis of 2008.
    • delgadool
      delgadool on 23 Mar 20
       
      Example of comparable situation
  • Congress could under-fund the US coronavirus stimulus package. If they do, they put not only the economy but the effort to fight the virus at risk.
  • this weekend the Senate was unable to pass aid legislation
  • Democrats also rejected the bill over a lack of labor protections that would only mandate corporations keep employees "to the extent possible." They want more limits on executive compensation and share buybacks, and they want more money for healthcare workers. They accuse Republicans of being cheap, and writing a deal that favors corporations over average Americans.
  • The only proposal that comes close to being generous enough for individuals comes from Democratic Rep. Rashida Tlaib. It would give a prepaid card with $2,000 to every American. That card would then be recharged with $1,000 monthly until one year after the end of the coronavirus crisis. This is the kind of plan that will make Americans believe the government has their back, not just the backs of big corporations.
  • The distrust that is bred by corruption will make it much harder to fight this virus, potentially dragging out the crisis. The vast majority of Americans already think that our lack of trust in each other and our government makes it hard to solve problems, according to Pew Research. If Americans feel like this whole aid package is a handout to big corporations — which they also distrust — they may stop listening to authorities.
  • Goldman Sachs estimates that the recession brought on by fighting off coronavirus will trough in April, knocking 10% off US GDP. Over time, bank analysts wrote last week, the economy should begin to grow again incrementally. How fast depends on how well Americans comply with government social-distancing mandates. Americans have to want to comply.
  • Small and midsize companies make up 83% of the US economy, and thousands of workers are already out of a job across the country. Means-testing initial payments to individuals — that is, restricting who gets the checks based on income — is a waste of time.
tongoscar

Live Updates: Economic Fallout From Coronavirus Grows - The New York Times - 0 views

www.nytimes.com/...china-coronavirus.html

shared by tongoscar on 18 Feb 20 - No Cached
  • Reports from manufacturing, banking and other sectors showed the worsening impact of the epidemic, which has brought much of China’s economy to a standstill.
  • Right NowJapan plans to release about 500 cruise ships passengers on Wednesday.
  • Economic fallout from the new coronavirus epidemic continued to spread on Tuesday, with new evidence emerging in manufacturing, financial markets, commodities, banking and other sectors.
  • ...12 more annotations...
  • U.S. stocks declined on Tuesday, a day after Apple warned that it would miss its sales forecasts due to disruption in China, as concerns about the impact of the outbreak weighed on the outlook for the global economy.
  • Half of China’s population is facing new travel restrictions.Image
  • Australia plans to repatriate about 200 of its citizens aboard the ship on Wednesday, and other countries have similar plans, but Japanese officials did not say whether any of those people were among the 500 who would be allowed to disembark.
  • Japan says 500 people will be released from cruise ship after more cases confirmed.
  • At least 150 million people in China — over 10 percent of the country’s population — are living under government restrictions on how often they can leave their homes, The New York Times found in examining dozens of local government announcements and reports from state-run news outlets.
  • Britain prepares to evacuate citizens from cruise ship.
  • The new virus is deadlier than the one that causes the flu, Chinese figures suggest.Image
  • The director of a hospital in Wuhan has died from the virus.
  • Stigma surrounding virus impacts communities in Europe.
  • Domestic workers from the Philippines will be permitted to return to Hong Kong.Image
  • South Korea’s leader warns of a dire impact on economy.
  • Cruise ship passengers blocked from leaving Cambodia.
johnsonel7

The coronavirus recession is just getting started - The Washington Post - 0 views

www.washingtonpost.com/...decades-pain-is-just-beginning

coronavirus economy

shared by johnsonel7 on 27 Mar 20 - No Cached
  • The record 3.3 million jobless claims reported Thursday mark the beginning of an economic crisis facing American workers and businesses — a slump, experts say, that will only end when the coronavirus pandemic is contained.
  • Although no official figures exist yet, the unemployment rate has likely jumped to at least 5.5 percent, says economist Martha Gimbel of Schmidt Futures, a level not seen since 2015 and up from 3.5 percent in February.“The most terrifying part about this is this is likely just the beginning of the layoffs,” Gimbel said
  • The bill, which gives most Americans checks worth $1,200 or more and provides billions in low-cost loans to businesses, is likely to provide a lifeline to workers and companies facing devastation, but it won’t stop a severe recession nor be adequate to sustain workers if the coronavirus health crisis lasts more than a month or two.
  • ...3 more annotations...
  • Much of the nation has made the gut-wrenching choice to stop about half the economy and encourage most workers to stay home in an effort to save as many lives as possible
  • The average unemployment benefit check is currently $385 a week, which is less than half the typical weekly paycheck in the United States. The amount is slated to rise an additional $600 a week once President Trump signs the relief bill into law, a substantial increase meant to tide workers over as they are forced to stay home
  • All employees now have their temperature tested on the way into the warehouse. He’s had lengthy discussions with each worker about whether they should take the health risk of coming to work. They now run two shifts and mandate that employees stand about 10 feet from each other. Between the shifts, they sanitize the whole facility — doorknobs, surfaces, bathrooms, tools.
katherineharron

Donald Trump made 33 false claims about the coronavirus crisis in the first two weeks o... - 0 views

www.cnn.com/...index.html

shared by katherineharron on 24 Mar 20 - No Cached
  • Trump made 50 false claims from March 2 through March 8, then 21 false claims from March 9 through March 15. Of those 71 false claims, 33 were related to the coronavirus. That is on top of some additional misleading claims from Trump about the coronavirus (we only count the false claims here), plus some false and misleading claims from members of his administration.
  • Trump is now averaging about 57 false claims per week since we started counting at CNN on July 8, 2019. From that date through March 15, he has made 2,062 false claims in all.
katherineharron

China is trying to restart its economy after coronavirus without risking more lives - CNN - 0 views

www.cnn.com/...index.html

shared by katherineharron on 24 Mar 20 - No Cached
  • The country where the pandemic began was almost completely shut down in late January as the number of coronavirus cases mounted. The drastic measures appear to have brought the virus under control: Locally transmitted infections have plummeted, and a lockdown on most of Hubei province — ground zero of the pandemic — is being lifted this week.
  • But the lockdown also brought activity in much of the world's second biggest economy to a standstill for weeks on end, and is likely to result in China's first contraction in decades. Analysts at Goldman Sachs recently forecast that China's GDP may fall by 9% in the first quarter of the year, compared to the same period in 2019.
  • Western nations are also weighing these enormous tradeoffs while the virus remains a global threat. In the United States — where unlike China, cases have yet to peak — President Donald Trump on Monday argued the country will have to reopen for business "very soon" even though the virus is "going to be bad."
  • ...1 more annotation...
  • Beijing says its campaign is already working. More than 90% of industrial companies in most provinces were up and running as of March 17, according to the National Development and Reform Commission. Smaller companies are finding it harder, though — only 60% of small and medium-sized enterprises were open by the middle of March, according to government data.
johnsonel7

No Crowds at the Mona Lisa: Coronavirus Fears Hammer European Tourism - WSJ - 0 views

www.wsj.com/...s-tourism-industry-11583404843

economics europe tourism

shared by johnsonel7 on 06 Mar 20 - No Cached
  • The coronavirus outbreak in Europe is scaring away travelers and hammering tourism just as the high season is getting under way. Thousands of people have canceled their trips to the region since the disease began to spread in Italy last month, drying up revenue for hotels, restaurants, nightclubs and conference planners across the continent. Those businesses are the economic lifeblood of many regions in Europe, clustered around its famed cultural attractions. The outbreak is costing the European Union’s tourism industry €1 billion ($1.1 billion) a month, said Thierry Breton, the EU’s internal market commissioner.
  • In Paris, some cafes and nightclubs have seen a 40% drop in sales, he said.
  • Flight bookings to Europe the last week of February, when the Italian outbreak emerged, fell 79% compared with the same period a year earlier, according to ForwardKeys, which tracks travel data. In Italy, cancellations have exceeded new bookings over that time, the firm said
  • ...1 more annotation...
  • The Vatican is facing a sharp drop in visitors to the Vatican Museums, which bring in €40 million in profit in a normal year and are a key revenue source for the church. Vatican officials declined to comment on a report in an Italian newspaper saying the museums had experienced a 60% drop in attendance
tongoscar

In Hong Kong, the coronavirus outbreak is deepening the political divide from the 2019 ... - 0 views

www.cnn.com/...index.html

shared by tongoscar on 19 Feb 20 - No Cached
  • Rumors had spread that toilet paper supply would be cut off due to new border closures with mainland China, implemented in an effort to contain the novel coronavirus outbreak.
  • The government's reassurances and calls for order went unheeded as millions of residents, gripped by fear and suspicion, descended on stores citywide to panic buy.The novel coronavirus, which originated in Wuhan, China, was first detected in Hong Kong on January 22. Since then, there have been 62 confirmed cases and two deaths in the city.
  • The numbers are far lower than in mainland China, where at least 1,868 people have died so far -- but Hong Kong carries the memories of the deadly Severe Acute Respiratory Syndrome (SARS) outbreak in 2003, and people aren't taking any chances.
  • ...6 more annotations...
  • By the time she withdrew the bill -- that would have allowed criminal suspects to be extradited across the border to mainland China -- protesters' demands had expanded to include action on deeper social grievances.
  • In January, many Hong Kongers across various sectors, including elected lawmakers, called to shut Hong Kong's borders with mainland China to contain the virus. But these demands also reintroduced familiar strands of localism, an ideology focused on preserving Hong Kong's autonomy.
  • This is why closing the Chinese borders is a politically significant and symbolic act -- and perhaps why Lam resisted doing so for weeks.
  • The 2019 protest movement may appear to have fizzled out -- but it educated an entire city and generation of youth on organized resistance. Now, this spirit of political action has been redirected toward the outbreak, as people protest for a stronger government response.More than 7,000 health care workers participated in a week-long union strike in early February to demand closed borders; that's nearly 10% of all medical staff of Hong Kong's Hospital Authority.The labor union that organized the strike was one of several born from the 2019 unrest, founded during the tail end of the protests.
  • Hong Kong's schools are shut until at least mid-March, and many businesses have closed or have instructed employees to work from home.With cases of community transmission confirmed, many people are staying at home for weeks at a time to avoid infection, only venturing out for groceries or quick strolls.
  • Fear and anger are palpable in the city, especially earlier this week with the disappearance of two people who violated quarantine after returning from mainland China. They were found after being added to a police wanted list.
tongoscar

Coronavirus: Russia to ban Chinese citizens from entry - as it happened | Financial Times - 0 views

www.ft.com/...28-043c-36e7-a1b9-a90359655dbb

shared by tongoscar on 19 Feb 20 - No Cached
  • Hubei reports 93 new coronavirus deaths Hubei, the centre of the coronavirus outbreak in China, reported 93 new deaths to the end of Monday, down from the previous day’s tally of 100. The province’s health commission also reported 1,807 new cases, lower than that recorded for Sunday.
  • Apple has warned that disruption in China from the coronavirus will cause its revenues to fall short in the current quarter, marking the second time in little over a year that weakness in China has forced the world’s most valuable technology company to issue a financial alert.
  • The California-based company said its factories were “ramping up more slowly than we anticipated had anticipated” after the Chinese government extended the lunar new year break and restricted the movement of people and when businesses could reopen.
  • ...7 more annotations...
  • China says coronavirus death toll reaches almost 1,900
  • Japanese stocks slide almost 1% after Apple sales warning
  • Gauging the weakness in China's economy
  • Economists broadly expect China's growth rate to cool sharply in the first quarter of this year — although the extent of the slowdown is the subject of debate.
  • Traffic congestion Congestion in 100 major Chinese cities typically picks up in the days following the lunar new year holiday. That has not been the case this year.
  • Coal consumption Major electricity producers consumed 35 per cent less coal during the first 16 days of February than "normal seasonality would suggest", Goldman said.
  • Asia Apple suppliers slip after warning from iPhone maker Share prices for Apple suppliers in Asia fell after the Californian company warned that disruptions in China from the coronavirus will cause revenues to fall short in the current quarter.
katherineharron

Melania Trump ramps up coronavirus public messaging - CNNPolitics - 0 views

www.cnn.com/...index.html

shared by katherineharron on 28 Mar 20 - No Cached
  • First lady Melania Trump has engaged in a larger social media presence highlighting the coronavirus pandemic over the last 48 hours after several days of relative silence, ramping up her participation by recording a pair of public service announcements.
  • "This is not how we will live forever," says Trump, standing in the Cross Hall of the White House State Floor. "I urge you to stay connected ... via safe technologies."
  • "Keep a positive attitude, and try to create some time for fun with your loved ones," the first lady says.
  • ...2 more annotations...
  • "Remember, while many of us are apart, we are all in this together," she says.
  • "Mrs. Trump understands and recognizes the people of this country feel uncertain right now, and she wants to do all she can to not only educate families and children about the importance of social distancing and hygiene," White House press secretary Stephanie Grisham told CNN. "But let the American people know this is only temporary."
katherineharron

Gavin Newsom takes new tone with Trump as he steers California during coronavirus crisi... - 0 views

www.cnn.com/...index.html

shared by katherineharron on 28 Mar 20 - No Cached
  • For California Gov. Gavin Newsom, the call that triggered state's full crisis response came in the middle of the night on March 6, and he was waiting for it.
  • The state's lab had been working through the night, and one of his cabinet secretaries was on the line telling him 21 of the 42 crewmembers and passengers tested for coronavirus aboard the Grand Princess Cruise Ship, which was idling in international waters off California's coast, had tested positive.
  • Newsom hung up and immediately called Donald Trump, his frequent adversary, reaching the President around 4 a.m. PT to discuss the alarming results and their next steps, according to California aides involved in the response. By 6 a.m., Newsom had fully activated the Golden State's emergency operations center in the outskirts of Sacramento and begun orchestrating the unloading of more than 2,000 passengers -- diverting them to hospitals, into quarantine and back to their home countries.
  • ...3 more annotations...
  • n the past, the pair has sparred in public over everything from the cause of California's wildfires to the state's stringent environmental regulations. Last year, Trump mocked the 52-year-old Newsom as the "do-nothing governor in California"; Newsom, for his part, has insisted his state will stand up to "a bully."
  • "We are clearly operating under a different set of assumptions," Newsom said when asked about Trump's desires during a recent briefing. He added that in their "many" conversations in recent weeks, it has been clear to him that the President understands the "unique challenges" faced by states like New York, California and Washington state.
  • As of 2 p.m. Wednesday, California had 3,006 cases of coronavirus and 65 dead. As the state has ramped up its testing capability the number of people who had been tested rose exponentially midweek, to 77,800, with results pending on more than 57,400 tests.
katherineharron

Global economy coronavirus bailout reaches $7 trillion and counting - CNN - 0 views

www.cnn.com/...index.html

shared by katherineharron on 27 Mar 20 - No Cached
  • The response to the coronavirus pandemic has been unprecedented in terms of speed and scale. Commitments from governments and central banks to date are close to $7 trillion, according to an analysis by CNN Business. The total includes government spending, loan guarantees and tax breaks, as well as money printing by central banks to buy assets such as bonds and stock funds.
  • The figure includes the $2 trillion US relief package working its way through Congress and an anticipated 30 trillion yen ($274 billion) in stimulus from Japan that could be approved next month. In Europe, CNN Business tallied stimulus efforts by the biggest economies: Germany, France, the United Kingdom, Italy and Spain.
  • "The [$2 trillion US] stimulus package is likely the bare minimum needed to offset the current drag from the outbreak," Bank of America economist Joseph Song told clients Thursday. "The economy will likely need close $3 [trillion] in fiscal stimulus, if not more."
‹ Previous 21 - 40 of 308 Next › Last »
Showing 20▼ items per page