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  • Trump now says if 100,000 Americans die from coronavirus he will have done 'a very good job'

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    The president repeatedly cited a projection that as many as 2.2 million people would have died if the administration had “done nothing” to mitigate COVID-19’s spread.

    Mon, 30 Mar 2020 11:33:53 -0400
  • Are pot and guns essential in a pandemic?

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    As states and cities shut down all nonessential businesses to stop the spread of coronavirus, pot shops and gun stores are staying open in some places. Are they really essential?

    Mon, 30 Mar 2020 15:44:57 -0400
  • Suspected SARS virus and flu samples found in luggage: FBI report describes China's 'biosecurity risk'

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    An FBI report about China’s involvement with scientific research in the U.S. has raised alarms. While the report refers broadly to foreign researchers, all three cases cited involve Chinese nationals.

    Mon, 30 Mar 2020 10:45:26 -0400
  • Rep. Velazquez has presumed COVID-19 infection, was near Pelosi, other lawmakers last week

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    Rep. Nydia Velazquez spoke on the House floor Friday and stood near Speaker Nancy Pelosi during the signing of the $2 trillion stimulus bill.

    Mon, 30 Mar 2020 15:28:00 -0400
  • India’s coronavirus emergency just beginning as lockdown threatens to turn into human tragedy

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    A week after Narendra Modi ordered the largest national lockdown the planet has ever seen and Delhi's Bhogal market is little quieter than usual. Rather than being confined to home to stop the spread of Covid-19, large groups of residents instead huddle together in the shade, drinking tea and playing cards. Street vendors continue to hawk fresh fruit and vegetables and the police watch as daily life in the capital's backstreets continues, apparently content to enforce movement restrictions only on the capital's major thoroughfares. The failure to abide by the prime minister's decree is due to necessity, rather than defiance, said Muhammad Asif, 21, a cycle-rickshaw driver scanning the crowd for customers. The three-week-long social distancing precautions ordered by Mr Modi are an unaffordable luxury for tens of millions of daily-wage labourers.

    Tue, 31 Mar 2020 15:08:51 -0400
  • Cuomo: Rate of hospitalizations decreasing

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    New York Gov. Andrew Cuomo said on Monday that the rate of hospitalizations because of the coronavirus pandemic is slowing in the state.

    Mon, 30 Mar 2020 15:24:07 -0400
  • Stabbing of Asian-American 2-Year-Old and Her Family Was a Virus-Fueled Hate Crime: Feds

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    The vicious stabbing of an Asian-American family, including a 2-year-old girl, at a Sam’s Club in Texas earlier this month has been deemed a hate crime by the feds, as authorities continue to raise alarm bells about a potential surge in racially motivated crimes amid the coronavirus outbreak.Jose L. Gomez, 19, confessed to authorities that he attempted to murder three Asian-American family members, including the toddler and a 6-year-old, on March 14 at the Midland, Texas store, according to the Midland Police Department. Gomez, who stabbed the individuals and a Sam’s Club employee, is now facing several charges, including three counts of attempted capital murder and one count of aggravated assault. He is being held on several bonds totaling $1 million.“The suspect indicated that he stabbed the family because he thought the family was Chinese, and infecting people with coronavirus,” according to an FBI analysis report obtained by ABC News.Inside the Ugly Uber and Lyft Driver Freakout Over CoronavirusThe Texas incident was used in the report as one example of a recent surge in hate crimes and racially fueled violence targeting Asian-Americans as the coronavirus pandemic continues to sweep the United States. According to an arrest affidavit obtained by the Midland Reporter-Telegram, Gomez attempted to kill the Asian-American family of four inside the wholesale store at about 7:30 p.m. When a Sam’s Club employee and another patron intervened, Gomez allegedly stabbed the patron in the leg and fingers with a knife. At one point, the customer was able to knock the knife away from Gomez during the struggle before the teenager was finally subdued by Border Patrol Agent Bernie Ramiez, who was off-duty and just leaving the store after shopping for groceries, the affidavit states.Ramirez later told CBS7 that during the altercation, he saw the store employee had managed to put Gomez in a chokehold after he had stabbed multiple people.“My initial thought was it was just the shortage of items that they were fighting over,” Ramirez told the local outlet. “So I just started making my way over there to break it up.”The agent added, “I’ve got close to 19 years in law enforcement. It’s crazy and it’s sad the way certain individuals think, their mindset. It’s a sad deal.”When authorities arrived at the Sam’s Club, investigators immediately began to question Gomez. The teenager then admitted to trying to kill the family and assaulting the patron with a knife, the affidavit states. Ramirez did not immediately respond to The Daily Beast’s request for comment and a spokesperson for Midland Mayor Patrick Payton’s office declined to comment, stating that the case has now been turned over to the FBI. According to the intelligence report that was compiled by the FBI’s Houston office and distributed to local law enforcement agencies across the nation, federal officials believe hate crimes will only increase as COVID-19 continues to spread.‘We’re Scared’: Doctors in New Coronavirus Hotspots Brace for ‘Tsunami’ of Patients“The FBI assesses hate crime incidents against Asian Americans likely will surge across the United States, due to the spread of coronavirus disease... endangering Asian American communities,” the report states. “The FBI makes this assessment based on the assumption that a portion of the US public will associate COVID-19 with China and Asian American populations.”To date, more than 3,416 people have died and 174,467 individuals have been infected with the virus nationwide—a death toll that has eclipsed China’s official count and put much of the United States on lockdown.Since then, several political and media commentators, including President Donald Trump, have adopted the practice of calling the pandemic the “China virus” or the “Wuhan virus.”“It did come from China,” Trump said at a March 19 White House briefing. “It is a very accurate term.”Many experts and political figures believe that officials using racial terms for the virus has contributed to discrimination against members of the Asian-American community. “This is a global emergency that should be met with both urgency and also cultural awareness that COVID-19 is not isolated to a single ethnic population,” Jeffrey Caballero, executive director of the Association of Asian Pacific Community Health Organizations, said in a statement to The Daily Beast. “Xenophobic attacks and discrimination towards Asian American communities are unacceptable and will not make our families safer or healthier.”California Gov. Gavin Newsom reiterated the FBI’s report findings, stating he has seen a “huge increase” in assaults targeting the Asian-American community in his state. In New York, Attorney General Leticia James launched a hotline for victims of coronavirus-related bias crimes. Since the surge, even Trump tried to backtrack on his language, tweeting on March 23, “It is very important that we totally protect our Asian American community in the United States, and all around the world. They are amazing people, and the spreading of the Virus is NOT their fault in any way, shape, or form. They are working closely with us to get rid of it. WE WILL PREVAIL TOGETHER!”‘This Is a War’: Cuomo Pleads for Help From Doctors Across U.S. as Coronavirus Death Toll SurgesAccording to one New York City medical social worker, racism is also rampant in the health-care system as Asian-American doctors and nurses struggle to care for patients who don’t want to be touched. “I get yelled at down the street coming into work from people in their cars saying all these really nasty things and telling me I should be punished for bringing the virus here,” the social worker told The Daily Beast last week. “Inside the hospital, I have heard from several Asian-American doctors and nurses that some patients don’t want to be treated by them because they think they already have the virus. It’s like we are the virus or something.”“It’s scary and it’s dangerous. We’re already putting ourselves on the line to help others. Don’t make it harder for us than it is,” she added. Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.

    Tue, 31 Mar 2020 15:03:24 -0400
  • US Navy captain says carrier faces dire coronavirus threat

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    The captain of the US nuclear-powered aircraft carrier Theodore Roosevelt told the Pentagon that new coronavirus is spreading uncontrollably through his ship and called for immediate help to quarantine its crew. Captain Brett Crozier wrote in a four-page letter that they had not been able to stem the spread of COVID-19 through the 4,000 crewmembers, describing a dire situation aboard the vessel now docked at Guam, a US territory in the Pacific. "The spread of the disease is ongoing and accelerating," Crozier wrote, referring to the ship's "inherent limitations of space."

    Tue, 31 Mar 2020 20:41:46 -0400
  • 12 Buildings That Show the Beauty of Deconstructed Architecture

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    Tue, 31 Mar 2020 18:59:05 -0400
  • McConnell: Impeachment 'diverted attention' from coronavirus

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    President Donald Trump's impeachment trial distracted the federal government from the coronavirus as it reached the United States in January, Senate Majority Leader Mitch McConnell said Tuesday, despite warnings at the time from public health experts and members of Congress about the spread of the deadly virus. The Trump administration has been severely criticized for its slow response to the pandemic, especially for the shortage of coronavirus testing kits when the infection first spread to the U.S. from China.

    Tue, 31 Mar 2020 12:21:31 -0400
  • IG Horowitz Found ‘Apparent Errors or Inadequately Supported Facts’ in Every Single FBI FISA Application He Reviewed

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    The Justice Department inspector general said it does “not have confidence” in the FBI’s FISA application process following an audit that found the Bureau was not sufficiently transparent with the court in 29 applications from 2014 to 2019, all of which included “apparent errors or inadequately supported facts.”Inspector General Michael Horowitz released a report in December which found that the FBI included “at least 17 significant errors or omissions in the Carter Page FISA applications and many errors in the Woods Procedures” during its Crossfire Hurricane investigation of the 2016 Trump campaign. After releasing the report, Horowitz said that he would conduct a further investigation to see if the errors identified in the Page application were widespread.“The concern is that this is such a high-profile, important case. If it happened here, is this indicative of a wider problem — and we will only know that when we complete our audit — or is it isolated to this event?” Horowitz told lawmakers during a Senate Homeland Security and Governmental Affairs Committee hearing. “Obviously, we need to do the work to understand that.”Horowitz’s office said in a report released Tuesday that of the 29 applications — all of which involved U.S. citizens – that were pulled from “8 FBI field offices of varying sizes,” the FBI could not find Woods Files for four of the applications, while the other 25 all had “apparent errors or inadequately supported facts.”"While our review of these issues and follow-up with case agents is still ongoing—and we have not made materiality judgments for these or other errors or concerns we identified—at this time we have identified an average of about 20 issues per application reviewed, with a high of approximately 65 issues in one application and less than 5 issues in another application," the report reveals.The Woods Procedure dictates that the Justice Department verify the accuracy and provide evidentiary support for all facts stated in its FISA application. The FBI is required to share with the FISA Court all relevant information compiled in the Woods File when applying for a surveillance warrant.“FBI and NSD officials we interviewed indicated to us that there were no efforts by the FBI to use existing FBI and NSD oversight mechanisms to perform comprehensive, strategic assessments of the efficacy of the Woods Procedures or FISA accuracy, to include identifying the need for enhancements to training and improvements in the process, or increased accountability measures,” the report states.The OIG concludes by recommending that the FBI "systematically and regularly examine the results of past and future accuracy reviews to identify patterns or trends in identified errors" relating to the Woods Procedure, as well as double-checking "that Woods Files exist for every FISA application submitted to the FISC in all pending investigations."In a letter acknowledging the audit, FBI Associate Deputy Director Paul Abbate said that the issues "will be addressed" by the Bureau's already-issued correctives after the Carter Page review, and added that "the FBI fully accepts the two recommendations."President Trump has relentlessly attacked the FBI's FISA process and the abuses it allowed during the surveilling of his 2016 campaign. He has argued that the FISA abuses invalidate the entire investigation, which he has referred to as an “illegal attempted coup,” and slammed the officials involved, including former FBI director James Comey and former acting FBI director Andy McCabe.McCabe admitted in January that the FBI has an “inherent weakness in the process” of obtaining FISA warrants.

    Tue, 31 Mar 2020 11:13:29 -0400
  • China zeroes in on coronavirus patients with no symptoms as new infections rise

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    SHANGHAI/BEIJING (Reuters) - China will start releasing information from Wednesday on coronavirus patients who show no disease symptoms, ordering them into quarantine for 14 days, a health official said, after the mainland witnessed its first rise in infections in five days. As local infections peter out and new cases surface among travelers returning home, the existence of virus carriers with no symptoms is fuelling public concern that people could be spreading it without knowing they are ill. From April 1, the daily report of the National Health Commission will include details of such cases for the first time, Chang Jile, a commission official, told a briefing.

    Mon, 30 Mar 2020 20:54:20 -0400
  • One country is refusing to shut down to stop the coronavirus

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    “It is better to die on your feet than live on your knees!” Lukashenko, who hit the ice for a weekend hockey game, said.

    Tue, 31 Mar 2020 12:35:28 -0400
  • Open coffins are left on roads to remind people to stay inside while soldiers shoot disinfectant from water cannons. Here's what lockdown for 57 million people in the Philippines looks like.

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    Despite the lockdown, on Sunday the Philippines reported a daily increase of 343 new coronavirus cases — its highest one day increase yet.

    Mon, 30 Mar 2020 23:12:43 -0400
  • 28 Texas spring breakers who just returned from Cabo have tested positive for the coronavirus

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    The spring breakers reportedly got on a chartered plane with 70 people. It shows why spring break is such a problem during the coronavirus pandemic.

    Tue, 31 Mar 2020 17:28:50 -0400
  • G-20 Pivots as Emergency Aid Focus Turns to Developing World

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    Tue, 31 Mar 2020 11:42:19 -0400
  • Venezuela prosecutor's office summoned Guaido for 'attempted coup'

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    State prosecutors in Venezuela have summoned opposition leader Juan Guaido for an alleged "attempted coup d'etat" and attempted assassination, Attorney General Tarek William Saab announced Tuesday. In a statement broadcast on state television, Saab said Guaido had been summoned to appear before prosecutors next Thursday following an investigation last week into the seizure of a weapons cache in neighboring Colombia that he said was to be smuggled into Venezuela.

    Tue, 31 Mar 2020 11:16:54 -0400
  • US airlines must continue flying if they accept coronavirus relief

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    The U.S. Department of Transportation has proposed minimum service requirements for airlines based on schedules before the coronavirus outbreak.

    Tue, 31 Mar 2020 12:59:43 -0400
  • Trump says Democrats' push for expanded voting threatens Republicans

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    President Trump on Monday criticized attempts by Democrats in Congress to expand voting access for the presidential election in the fall, saying increased voter turnout would keep Republicans from getting elected.

    Mon, 30 Mar 2020 13:26:01 -0400
  • Syria: Air defenses down missiles from Israeli warplanes

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    Tue, 31 Mar 2020 14:22:00 -0400
  • AOC Drifts Away from Activist Left, Toward a More Conventional Staff and Political Strategy

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    Representative Alexandria Ocasio-Cortez has taken steps recently to collaborate more with the Democratic establishment, taking a less contentious approach and allying with fellow Democratic members.After urging fellow progressives in 2018 to run for office with the support of the progressive group the Justice Democrats, which supported her, the New York Democrat has declined to endorse most of the candidates the group is backing to oust incumbent Democrats in 2020.Of the six candidates the group is backing this time around, Ocasio-Cortez has endorsed Jessica Cisneros in Texas and Marie Newman in Illinois, both of whom are running against conservative Democrats who oppose abortion and were subsequently supported by several other high-profile Democrats.The move comes as the Justice Democrats are recruiting progressive candidates to run against liberals and moderate Democrats."We don’t usually endorse so far out," Ocasio-Cortez's communications director, Lauren Hitt said of the congresswoman's lack of endorsements for the group of candidates, according to Politico.Meanwhile, Ocasio-Cortez, who shot to notoriety in 2018 when she ousted powerful Democratic congressman Joe Crowley, is also replacing some of her more radical, progressive top aides with more conventional political professionals, Politico reported.The freshman congresswoman has also struck a more conciliatory tone towards Democratic leadership in recent months, in February calling Pelosi the “mama bear of the Democratic Party.”She also criticized supporters of her progressive ally, 2020 presidential contender Bernie Sanders, for their antagonistic behavior online.“There’s so much emphasis on making outreach as conflict-based as possible,” she said. “And sometimes I even feel miscast and understood. Because it’s about what tools you use, and conflict is one tool but not the only tool.”Nevertheless, Ocasio-Cortez has largely maintained her status as a progressive standard-bearer. Earlier this year, she endorsed a group of progressive women running for Congress on Friday through her political action committee, Courage to Change.In January, she announced that she would not pay dues to the Democratic Congressional Campaign Committee, which works to elect Democrats to the House.

    Mon, 30 Mar 2020 09:59:52 -0400
  • No scandal here: Mexico president defends meeting mother of drug lord 'El Chapo'

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    MEXICO CITY/BADIRAGUATO, Mexico (Reuters) - Mexican President Andres Manuel Lopez Obrador on Monday defended his weekend handshake with the mother of drug lord Joaquin "El Chapo" Guzman, calling her a "respectable old lady" and seeking to cast his critics as the principal menace to the country. In a 30-second video posted on Twitter on Sunday, Lopez Obrador could be seen approaching Maria Consuelo Loera's car, parked on a dirt road on the outskirts of Badiraguato, a mountainous municipality in the northwestern state of Sinaloa. Surrounded by onlookers, Lopez Obrador told Loera she need not get out of the car, they shook hands and after a brief exchange he told her he had "received her letter."

    Mon, 30 Mar 2020 14:15:10 -0400
  • Women who left N.Y. for China amid U.S. coronavirus outbreak document their journey

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    “Because we're kind of in between these two cultures, we also understand both. So it feels like our experience could speak to both of the audiences.”

    Tue, 31 Mar 2020 14:20:17 -0400
  • Some doctors are telling patients to switch from contact lenses to glasses to lower their risk of contracting the coronavirus

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    Evidence suggests the coronavirus can enter the body through the eyes, so some eye doctors say glasses are safer.

    Mon, 30 Mar 2020 12:23:00 -0400
  • J&J just sped up the timeline for its coronavirus vaccine, and said it could be ready for emergency use early next year

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    The drugmaker said human testing will start no later than September on the potential coronavirus shot.

    Mon, 30 Mar 2020 09:13:00 -0400
  • 29 Best Closet Organization Ideas to Maximize Space and Style

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    Mon, 30 Mar 2020 19:06:00 -0400
  • Australia’s Banking Chiefs Warn of Extreme Economic Pain Ahead

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    (Bloomberg) -- Australia’s banking chiefs are braced for a nightmare scenario of a 10% economic contraction, “shockingly high” unemployment and spiraling loan losses as shockwaves from the coronavirus ripple through the economy.As Prime Minister Scott Morrison’s administration follows other countries in shutting down large segments of the economy to try to stem the virus’s spread, signs of individual and business tolls are starting to multiply.Tens of thousands of workers have already been sent home as retailers and airlines all-but close and queues outside job centers lengthen. Australia’s lenders are watching this play out in real time, with hardship telephone numbers ringing off the hook as consumers and businesses try to access relief packages.Banks are the “ICU unit of the economy,” Australia & New Zealand Banking Group Ltd. Chief Executive Officer Shayne Elliott said Monday at an Australian Financial Review event -- conducted online due to the pandemic. “Corporates and households will come into care and we will have this unfortunate role at some point of having to decide who comes out at the end.”A week ago, Commonwealth Bank of Australia Chief Executive Officer Matt Comyn said he would have estimated the economy would shrink by about 5% in the first quarter. Now, a 10% contraction is a “reasonable assumption,” Comyn said at the same event. “No question there are going to be higher loan losses.”The nation’s banks have special dispensation from the competition authority to co-operate throughout the crisis and have banded together to launch a range of hardship measures, including allowing consumers to suspend mortgage payments for up-to six months.National Australia Bank Ltd. Chief Executive Officer Ross McEwan echoed his counterparts on the dire outlook for the economy.“I think you will see very, very large GDP drops,” he told the the same forum. “Unemployment will also go shockingly high for a period of time.”NAB’s economics research team said Friday the jobless rate could soar to 12% and hold there for the remainder of the year.Right now, the three CEOs emphasized that the focus is on getting through the crisis and being prepared to help the economy reboot on the other side. In the medium term, that’s likely to mean tough choices about who gets help.“There is no playbook for this,” McEwan said. “We’ve not seen this sort of health and financial crisis at the same time.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    Sun, 29 Mar 2020 22:38:00 -0400
  • Trump, Cuomo and the mystery of the missing masks

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    Earlier this month, Cuomo said that people were stealing face masks and other equipment needed to fight the coronavirus from area hospitals. On Monday, the New York governor dismissed a similar claim by the president.

    Mon, 30 Mar 2020 15:08:39 -0400
  • Idaho governor signs into law anti-transgender legislation

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    Mon, 30 Mar 2020 20:19:53 -0400
  • The coronavirus is spreading quickly through Israel's ultra-Orthodox Jewish communities

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    In Israel, the coronavirus is spreading in ultra-Orthodox Jewish communities up to eight times faster than anywhere else in the country.Ultra-Orthodox Jews account for 12 percent of Israel's population, but they make up 40 to 60 percent of coronavirus patients at four of the country's largest hospitals, officials told Israeli media. Health experts said the virus is moving so quickly in these communities because the ultra-Orthodox have large families, don't trust the government, and pay little to no attention to secular media. Many are also still gathering for prayers and funerals, despite all Israelis being ordered to stay home.Bnei Brak is a suburb of Tel Aviv, and 95 percent of the population is ultra-Orthodox. On Friday, there were 267 confirmed coronavirus cases, and by Monday, that number climbed to 508. Several hundred mourners gathered in Bnei Brak on Saturday night for the funeral of a rabbi, prompting furious secular Israelis to call on the government to place Bnei Brak under curfew. On Monday, a New York Times journalist and photographer were told to leave a synagogue in the suburb where morning services were being held, and they walked past several groups meeting furtively for prayers.Bnei Brak has just one hospital, and its director general, Dr. Moti Ravid, told the Times he would like authorities to prohibit residents from leaving for at least one week, to slow down the coronavirus' spread. There are lots of small children living in the town, and "if they help to infect others, the result will be that many old people will die," he said.More stories from theweek.com Washington Gov. Jay Inslee is what real coronavirus leadership looks like Trump invoked the DPA 'hundreds of thousands of times' in his presidency before forcing GM to make ventilators USS Theodore Roosevelt captain says 'decisive action' is required to keep sailors safe from coronavirus

    Tue, 31 Mar 2020 02:07:00 -0400
  • India and Pakistan crack down on Muslim group emerging as COVID-19 cluster

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    India and Pakistan sealed off centers belonging to a Muslim missionary group on Tuesday and began investigating how many coronavirus cases were linked to its activities. Tablighi Jamaat is a Deobandi Sunni Muslim missionary movement that preaches worldwide. India has so far registered 32 deaths from 1,251 confirmed infections, and Pakistan 20 from 1,914.

    Tue, 31 Mar 2020 04:21:17 -0400
  • Why Taiwan has become a problem for WHO

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    Taiwan is effectively locked out of the World Health Organization - and tensions are rising.

    Tue, 31 Mar 2020 01:23:24 -0400
  • FBI report describes China’s ‘biosecurity risk’

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    In late November 2018, just over a year before the first coronavirus case was identified in Wuhan, China, U.S. Customs and Border Protection agents at Detroit Metro Airport stopped a Chinese biologist with three vials labeled “Antibodies” in his luggage.

    Mon, 30 Mar 2020 11:43:33 -0400
  • U.S. set to lose title as top oil producer as demand plunges and gas drops below $1 per gallon

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    Gas has dipped below $1 a gallon in Kentucky, Missouri, Oklahoma, Tennessee and Wisconsin — but most people are not driving.

    Mon, 30 Mar 2020 12:57:27 -0400
  • New coronavirus death rate estimates show how sharply the risk rises with age

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    The fatality rate for people infected with the novel coronavirus is estimated to be less than 1%, according to a new study. It's 1.38% for those with COVID-19.

    Tue, 31 Mar 2020 17:21:59 -0400
  • Egypt Could Deepen Rate Cuts to Combat Virus, Central Bank Governor Says

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    (Bloomberg) -- Egypt has scope to further cut interest rates to combat the impact of the coronavirus on an economy that’s in good shape after sweeping reforms, the central bank governor said.Tarek Amer’s comments came after the central bank on Sunday introduced temporary cash withdrawal restrictions, a step he said was necessary after customers took 30 billion pounds ($1.9 billion) from banks in the past three weeks. The measure, which could be revisited soon, seeks to encourage people to use bank transfers and e-payments.“We want to stop putting cash under the mattress,” Amer said in an interview aired on local TV.The Arab world’s most populous nation, which has reported 609 cases of the virus and 40 deaths, has enacted other measures to support the economy, including deferring credit repayments for six months. The central bank is due to make its next rate decision Thursday.Amer said late Sunday that the economic program launched in 2016, which sharply devalued the currency and cut spending, has put Egypt in a position to withstand the crisis.While other economies could fall into recession in the second and third quarter of the year, Egypt will see only a dip in growth, he said. Also providing a cushion is the drop in global oil prices and an expected decline in the import bill, he said, adding that Egyptians typically spend $3.5 billion while traveling abroad -- cash that will now be saved.Egypt Makes Largest-Ever Rate Cut to Tackle Fallout of OutbreakWhile foreigners have withdrawn about $500 million from the stock market in the recent period, that will be more than offset by 20 billion pounds of central bank support for the bourse, Amer said.Other tools available include more rate cuts, Amer said. The monetary policy committee reduced key rates by 3 percentage points after an emergency meeting earlier this month, although that still left Egypt with one of the world’s highest real rates.Indicators such as inflation “are good,” Amer said.Other takeaways from the interview:Debt-installment payments that are being deferred for six months total around 1.8 trillion poundsEgypt has paid all obligations to foreign investors who sold off treasuriesExpects import bill to drop from slightly over $11.8 billion to $7 billionEgyptians traveling abroad spend around $3.5 billion; that money will now be saved, given travel restrictionsExpects government to cut fuel prices given the crash in global crudeFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    Mon, 30 Mar 2020 04:37:02 -0400
  • Poll: 15% of Sanders supporters will vote for Trump if Biden is nominee; 80% would back Biden

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    The poll also found Biden with a 16-percentage-point advantage (55%-39%) over Sanders among registered Democrats and independents who lean Democratic.

    Mon, 30 Mar 2020 13:51:23 -0400
  • Defense lawyer in death of 7 motorcyclists: Biker at fault

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    One of the motorcyclists in a crash that killed him and six fellow bikers on a north woods highway was drunk and actually was the one who hit a pickup and caused the accident, the lawyer for the truck driver charged with homicide said in a document made public Tuesday. A New Hampshire State Police account of the June 21 crash in the community of Randolph “was deeply flawed," the lawyer for truck driver Volodymyr Zhukovskyy, 24, of West Springfield, Massachusetts, said in a motion filed Friday that seeks a hearing to set him free on bail. State police initially determined that the flatbed trailer he was hauling was 1 1/2 feet over the center line at the time of impact, the motion said.

    Tue, 31 Mar 2020 13:33:50 -0400
  • U.S. is swiftly deporting migrant children at the border

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    "Despite everything I experienced along the way, they deported me the next day," one indigenous teenager from Guatemala told CBS News.

    Mon, 30 Mar 2020 22:23:41 -0400
  • U.S. House Speaker Pelosi will not take coronavirus test

    Golocal247.com news

    U.S. House Speaker Nancy Pelosi said on Tuesday she does not plan to be tested for coronavirus despite her proximity to the latest lawmaker diagnosed with the illness. U.S. Representative Nydia Velazquez, a Democrat from New York, said on Monday that she had been diagnosed with a presumed case of coronavirus after developing symptoms of the ailment on Sunday, although she had not been tested. Velazquez was in the Capitol on Friday and attended a ceremony at which Pelosi signed a $2.2 trillion coronavirus response plan.

    Tue, 31 Mar 2020 09:09:27 -0400
  • Wuhan's death toll could be astronomically higher than the Chinese government has reported, some residents say

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    Officials in Wuhan, China, reported that 2,535 people in the city have died from COVID-19. Some residents suspect that's a severe undercount.

    Mon, 30 Mar 2020 16:45:33 -0400
  • Coronavirus: 'I don't want a flight voucher, where's my refund?'

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    The airlines' trade body wants to give vouchers for cancelled flights but passengers are unhappy.

    Tue, 31 Mar 2020 10:34:23 -0400
  • 'Best they can get' or more 'politics than policy?' U.S. offers Venezuela a deal

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    A former senior U.S. government official says it's the "best" deal they can get, while an analyst said this is more about "politics than policy."

    Tue, 31 Mar 2020 17:00:00 -0400
  • No, America’s Response to Coronavirus Isn’t the Worst in the World

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    The coronavirus pandemic is already a catastrophe. How we fare in comparison to the rest of the world is hardly of paramount importance. Once the Chinese government hid the outbreak, failed to contain it, and then misled the world, there remained little possibility that any nation, much less an enormous and open society like the United States, was going to be spared its devastation.Yet, when the political media isn’t preoccupied with a gotcha du jour, pundits, partisans, and journalists have seemed downright giddy to let their minions know that the United States now has the most coronavirus cases in the world. It took a six-siren-emoji tweet from MSNBC’s Joe Scarborough to tell us that fact.Here is how the New York Times’ Paul Krugman framed the number:> America's response to the coronavirus is the worst in the world, which is shocking and has a lot to do with a leader who is completely unfit, temperamentally and intellectually, for the job 1/ pic.twitter.com/sGZuFUukgr> > -- Paul Krugman (@paulkrugman) March 29, 2020A Nobel Prize–winning economist surely understands that we don’t have enough data to definitively declare the United States the world leader in cases. Even if we did, it doesn’t necessarily follow that this is the fault of public policy. There are plenty of unexplained coronavirus disparities around the world.The Financial Times chart that that is circulated by Krugman and his fellow pundits, and sometimes cynically deployed as a means of attacking the administration’s response, is largely useless as a point of comparison. For one thing, a graph illustrating per capita cases in all the nations that the Financial Times chart includes looks different. A chart that combined all the cases in European nations — the continent has approximately the same population as the United States — would also look dramatically different. The known cases in Spain and Italy alone are nearly twice as many as the United States right now.Cross-country comparisons at a given point in time fail to account for many things, including density and time. Iceland is not like Italy, and New York is not like Alaska. And simply because nations such as Italy and Spain experienced outbreaks earlier and more deadly than nations such as Germany and Sweden does not mean the disparities are destined to last.Moreover, testing in the United States began slowly before being ratcheted up quickly (and criticism of that delay is a fair one). Thus, the curve reflects the reality of expanded testing as much as it reflects reality of the disease. And though I’m not a statistician, I do know that nations have varied criteria for testing, varied standards of testing, and varying effectiveness in the testing they do perform. Hundreds of thousands of Chinese coronavirus tests sent to European nations, for example, have turned out to faulty. The data are incomplete. Krugman’s claim lacks vital context.Speaking of China, accepting the veracity of numbers offered by the ChiCom government without any skepticism might be good enough for The New York Times and other outlets, but it shouldn’t be enough for anyone who values facts.It’s also worth mentioning that the timeline of these charts are also uncertain. It’s unlikely we know when the tenth or hundredth case was actually transmitted in China or Iran or even here -- and it’s possible that some people had died and some others had recovered before most people understood the magnitude of the future pandemic.All of this is worth keeping in mind when as we see journalists harping on the overall case number without context. If you want to continue to utilize this once-in-a-century pandemic as a cudgel against your political adversaries, have fun. But the most important gauges of success right now are flattening the curve so that hospitals aren’t overwhelmed with new patients, ramping up our testing capacity to get a better handle on the virus’s properties, and measuring the number of recoveries from coronavirus. Not owning Donald Trump.The United States has already dealt with coronavirus far better than the Chinese government. The fatality rate in the U.S., so far, is nowhere near that of Italy. Our dynamism is one of the reasons why an early high case count is a not a measure of either national success or failure. It’s not our nature to allow the state to close down borders, travel, or trade, or to stop interactions with the world — or with each other, for that matter. And yet, many of same people who incessantly and cynically warned of the coming Fourth Reich are now blaming the administration for not acting like a dictatorship. It’s difficult to keep up.

    Mon, 30 Mar 2020 16:02:37 -0400
  • Saudis Start to Unleash Oil Wave Despite U.S. Pressure

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    (Bloomberg) -- Saudi Arabia has made good on its pledge to ramp up oil exports in April, with a first wave of crude already on its way toward Europe and the U.S., a clear sign the price war remains in full swing.The kingdom has loaded several of the supertankers it hired earlier this month to boost its ability to increase exports, according to ship-tracking data. In addition, Riyadh has used the last few weeks to shuttle large amounts of crude into storage in Egypt, a stepping stone to the European market.The movements suggest that Riyadh is ramping up its oil production toward its target of supplying a record 12.3 million barrels a day in April, up from about 9.7 million in February, despite American pressure to end the price war.Saudi Arabia earlier this month slashed its official selling prices and announced the output hike after Russia refused to join other nations inside the OPEC+ alliance to cut output. The announcement, interpreted in the market as an oil price war, sent Brent and West Texas Intermediate crudes tumbling. Since then, the collapse in oil demand due to lockdowns to stop the spread of the coronavirus has depressed prices even more.In a sign that Riyadh is opening the valves, oil shipments have already surged in late March. For the first three weeks of March, Saudi Arabia was exporting at a rate of around 7 million barrels a day, but that jumped to more than 9 million barrels a day in the fourth week of the month.With oil prices at the lowest in nearly two decades, U.S. Secretary of State Michael Pompeo last week directly asked the kingdom to “rise to the occasion and reassure” the energy market, diplomatic language for ending the oil price war.American President Donald Trump and his Russian counterpart, Vladimir Putin, agreed in a phone call Monday that “current oil prices aren’t in the interests of our countries,” according to a Kremlin spokesman, though he declined to say what might be done to change the situation.Trump earlier indicated that he was concerned about the impact of low oil prices on the American petroleum industry. In an interview on “Fox & Friends,” he said Russia and Saudi Arabia “both went crazy” and started an oil price war.Despite the diplomatic pressure, Saudi Arabia is preparing to export more in the next few days. At least 16 very large crude carriers, collectively able to carry about 32 million barrels, are stationed near the Saudi oil terminals of Ras Tanura and Yanbu, according to shipping data tracked by Bloomberg.“Regardless of the recent headlines about the U.S. pressuring Saudi Arabia, we do not see any change in Saudi or Russian policy for now,” said Amrita Sen, chief oil analyst at Energy Aspects Ltd., a London-based consultant.Riyadh has already loaded three supertankers that are likely to head to the U.S., and it’s loading a fourth right now, according to oil market intelligence firm Vortexa Inc. The tankers, all hired by the Saudi national tanker company in the past few weeks to boost its shipping capacity, include the Dalian, the Agios Sostis I, the Maran Canopus, and the Hong Kong Spirit.Shipments to EgyptAlready through March, Saudi Arabia has exported about 1.3 million barrels a day into Egypt -- the highest level in at least three years -- to pre-position crude for re-export into Europe, according to shipping tracking data compiled by Bloomberg and people familiar with the operation.The surge in shipments to Egypt was so large that the African nation may become the largest destination for Saudi crude in March, displacing China and Japan, which traditionally top the ranking every month.The cargoes have gone to a terminal at the south end of the Suez Canal before getting pumped via pipeline across the country to a storage and export facility called Sidi Kerir on the Mediterranean Sea. From there, the crude will then get re-exported as part of Saudi Arabia’s plan to supply as much as it can, at deep discounts, into a market that doesn’t need the supply. The world’s largest oil tankers, known as VLCCs, cannot sail the Suez Canal fully loaded due to draft limitations.The next sign of whether the oil price war continues will come around April 5, when state-owned Saudi Aramco is expected to release its monthly official selling prices for May. Oil refiners and traders believe that Riyadh will have to deepen its discounts to sell all the oil the kingdom wants. If Aramco does indeed deepen the discounts, it will trigger a fresh round of tit-for-tat actions with other oil producing nations, piling further pressure on prices.(Updates with statement from Kremlin in seventh paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    Tue, 31 Mar 2020 09:47:56 -0400
  • Coronavirus live updates: More American deaths than on 9/11; US projections of 240,000; Dow's worst 1st quarter ever

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    The coronavirus death toll surged past 3,100 on Tuesday, eclipsing the total from the 9/11 terror attacks. Here are the latest updates on the crisis.

    Tue, 31 Mar 2020 20:23:11 -0400
  • Democratic lawmakers call for racial data in virus testing

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    Democratic lawmakers are calling out an apparent lack of racial data that they say is needed to monitor and address disparities in the national response to the coronavirus outbreak. In a letter sent Friday to Health and Human Services Secretary Alex Azar, Sen. Elizabeth Warren and Rep. Ayanna Pressley, both from Massachusetts, said comprehensive demographic data on people who are tested or treated for the virus that causes COVID-19 does not exist. “Any attempt to contain COVID-19 in the United States will have to address its potential spread in low-income communities of color, first and foremost to protect the lives of people in those communities, but also to slow the spread of the virus in the country as a whole,” the lawmakers wrote to Azar.

    Mon, 30 Mar 2020 17:11:39 -0400
  • Cuomo Says Coronavirus Is ‘More Dangerous’ Than We Thought as N.Y. Cases Jump Overnight

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    New York Gov. Andrew Cuomo on Tuesday acknowledged that the coronavirus is “more dangerous” than officials initially thought after more than 300 died across the state overnight.“I’m tired of being behind this virus. We’ve been behind this virus from day one,” Cuomo said at a Tuesday press conference in Albany. “We underestimated this virus. It’s more powerful, it’s more dangerous than we expected.” More than 1,500 people have died and 75,795 more have been infected with the virus in New York State, accounting for a 14 percent increase in the last 24 hours, Cuomo said. About 43,139 of those cases are in New York City, where the daily number of newly infected patients has fortunately dipped below 6,000 across the five boroughs over the last 24 hours.To date, more than 3,416 people have died and 174,467 individuals have been infected with the virus nationwide—a death toll that has eclipsed China’s official count.New York Gov. Andrew Cuomo Implements ‘Stay at Home’ Order Amid Coronavirus PandemicCuomo said it could be weeks before New York sees the worst of the pandemic, stating that the apex may not be for 21 days. “We’re all anxious, we’re all tired, we’re all fatigued. It’s been all bad news for a long time. Our whole lifestyle has been disrupted. Everybody wants to know one thing, when will it end. Nobody knows,” Cuomo said. “We’re dealing with a war we’ve never dealt with before. We need a totally different mindset and organizational transformation.”  New York City’s hospitals have been struggling over the last week to keep up with the influx of patients. With over 10,900 residents hospitalized with the virus, including 2,700 patients in ICUs, Cuomo said that the health-care system still needs more supplies, space, and personnel. The state has ordered 17,000 ventilators from China to help hospitals, paying about $25,000 per machine.“It’s like being on Ebay with 50 other states bidding on a ventilator. How inefficient,” Cuomo said, noting that he only expects to receive about 2,500 machines from China because other states, the federal government, and Italy have also placed orders from the foreign government. “And then FEMA gets involved and FEMA starts bidding. And now FEMA is bidding on top of the 50. So FEMA is driving up the price. What sense does this make?” Cuomo asked.‘This Is a War’: Cuomo Pleads for Help From Doctors Across U.S. as Coronavirus Death Toll SurgesTo further combat the shortage, Cuomo reiterated his Monday plea to health-care workers across the United States for help with the increasing number of infected patients, promising the Empire State would return the favor whenever it’s over the “bell curve.” The governor said that while the state is working to get ahead of the virus, several projections indicate the “main battle at the apex” will occur anywhere between one week and 21 days from now. “We’re still going up the mountain," Cuomo said, adding that New York is struggling to curtail the surge and “you don’t win by playing catch up.”  “The main battle is at the top of the mountain, the apex of the curve.”So far, government officials have already taken extraordinary steps to combat the pandemic. On Monday, local officials opened the Jacob K. Javits Convention Center as a makeshift, 3,000-bed overflow hospital facility. The same day, a naval hospital ship, the USNS Comfort, arrived in Manhattan to help relieve hospitals of patients not infected with the virus. The ship, which was previously used as a floating base for rescue workers after 9/11, is currently equipped with 1,000 beds, 12 operating rooms, a medical laboratory, and over 1,000 officers.Mount Sinai Hospital in New York, in conjunction with a Christian aid organization, also converted a section of Central Park into a field hospital to help house the influx of COVID-19 patients. The tent-hospital, which holds 68 regular hospital beds, along with 10 ICU beds, opened on Tuesday.Despite the emergency steps that have already been taken, the chair of the department of surgery at Columbia University said Monday the toll of the virus at New York City hospitals is getting so serious that medical professionals could soon be forced to decide who gets treatment—and who doesn’t.One Mask Only: Coronavirus Docs and Nurses Forced to Make Terrifying CompromisesAccording to Dr. Craig Smith, the apex of the virus will be too overwhelming for the amount of beds currently in New York, forcing doctors and nurses to shift to using a triage method as a “fundamental operating principle in field hospitals.”“Triage determines who should be treated first, how they should be treated (surgery, fluid resuscitation, etc), and who should be kept comfortable,” Smith said in an update to Columbia faculty and staff about the pandemic response. “Broadly construed, we will all be operating more and more on field hospital principles as we move through the next few weeks.”NewYork-Presbyterian Hospital, Smith said, will have to “carefully ” select which COVID-19 patients to send home with oxygen, an oxygen saturation monitor, and a strict follow-up system. “Does this entail incompletely understood risk? It certainly does, but triage is an essential part of the resource/utility-balancing situation in which we find ourselves,” he said.The devastating effects of the pandemic in New York have rippled from health care to law enforcement. New York City Police Commissioner Dermont Shea said Tuesday that the virus has greatly affected the city’s law enforcement, as approximately 15 percent of the 37,000-member force has called out sick. NYC Is on the Brink as Patients Flood Hospitals Already ‘Under Siege’“We have the reserves, we have the contingency plans,” Shea said, stating that while about 5,500 officers are out sick, the NYPD is not extending shifts. He added that 17 NYPD members who tested positive for COVID-19 have since recovered.Seeming to take a jab at President Donald Trump’s failed prediction that the United States would be able to return to normal life by April 21, Cuomo later emphasized that it is unclear when things in his state will return to normal.“It is not going to be soon,” he said, urging residents to stay home and stressing there will not be “an Easter surprise.” “So calibrate yourself and your expectations, so you’re not disappointed every morning you get up.”Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.

    Tue, 31 Mar 2020 13:04:37 -0400
  • Britain names new MI5 chief: the spy who investigated 2018 Novichok attack

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    Mon, 30 Mar 2020 06:30:14 -0400
  • Meet Candy Sterling, a fierce drag queen at night and a corporate professional by day

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    This is Candy Sterling – a fierce drag queen who lights up the New York City nightlife while maintaining a professional day job. Get to know her both in and out of drag on this week's episode of Behind the Drag.

    Tue, 31 Mar 2020 14:26:09 -0400
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