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The Pronk Pops Show 1413, March 13, 2020, Story 1: President Trumps Declares A National Emergency — Unleashes Full Power of United States Government — $50 Billion in New Funding To Deal With COVID-19 Pandemic — Videos- Story 2: House Expected To Pass Family First Coronavirus Response Bill Supported By President Trump — Videos –Story 3: United State Stock Market Rallies — Best Day Since 2008 — Consumer Sentiment Beating Expectations At 95.9 — Videos

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Story 1: President Trumps Declares A National Emergency — Unleashes Full Power of United States Government — $50 Billion in New Funding To Deal With COVID-19 Pandemic — Videos

 

BREAKING: Donald Trump declares a national emergency

Trump declares National Emergency over coronavirus

Trump declares national emergency over coronavirus pandemic

Tucker: Regular life is all but suspended

Hannity: Major businesses working with Trump on coronavirus

 

Trump declares virus emergency; Pelosi announces aid deal

President Donald Trump on Friday declared the coronavirus pandemic a national emergency in order to free up more money and resources. But he denied any responsibility for delays in making testing available for the new virus, whose spread has roiled markets and disrupted the lives of everyday Americans.

Speaking from the Rose Garden, Trump said, “I am officially declaring a national emergency,” unleashing as much as $50 billion for state and local governments to respond to the outbreak.

Trump also announced a range of executive actions, including a new public-private partnership to expand coronavirus testing capabilities with drive-through locations, as his administration has come under fire for being too slow in making the test available.

Trump said, “I don’t take responsibility at all” for the slow rollout of testing.

Late Friday, House Speaker Nancy Pelosi announced a deal with the Trump administration for an aid package from Congress that aims at direct relief to Americans — free testing, two weeks of sick pay for workers, enhanced unemployment benefits and bolstered food programs.

“We are proud to have reached an agreement with the Administration to resolve outstanding challenges, and now will soon pass the Families First Coronavirus Response Act,” Pelosi announced in a letter to colleagues. The House was poised to vote.

The crush of late-day activity capped a tumultuous week in Washington as the fast-moving virus shuttered the capital’s power centers, roiled financial markets and left ordinary Americans suddenly navigating through self-quarantines, school closures and a changed way of life.

The White House was under enormous pressure, dealing with the crisis on multiple fronts as it encroached ever closer on the president.

Trump has been known to flout public health advice — eagerly shaking hands during the more than hour-long afternoon event — but acknowledged he “most likely” will be tested now after having been in contact with several officials who have tested positive for the virus. “Fairly soon,” he said.

Still, Trump said officials don’t want people taking the test unless they have certain symptoms. “We don’t want people without symptoms to go and do that test,” Trump said, adding, “It’s totally unnecessary.”

Additionally, Trump took a number of other actions to bolster energy markets, ease the financial burden for Americans with student loans and give medical professionals additional “flexibility” in treating patients during the public health crisis.

“Through a very collective action and shared sacrifice, national determination, we will overcome the threat of the virus,” Trump said.

Central to the aid package from Congress, which builds on an emergency $8.3 billion measure approved last week, is the free testing and sick pay provisions.

Providing sick pay for workers is a crucial element of federal efforts to stop the rapid spread of the infection. Officials warn that the nation’s healthcare system could quickly become overwhelmed with gravely sick patients, as suddenly happened in Italy, one of the countries hardest hit by the virus.

The ability to ensure paychecks will keep flowing — for people who stay home as a preventative measure or because they’re feeling ill or caring for others — can help assure Americans they will not fall into financial hardship.

Hopes for swiftly passing the package seemed to be fading throughout the day as talks dragged on and Trump dismissed it during as “not doing enough.”

Ahead of Trump’s new conference, Pelosi delivered a statement from the speaker’s balcony at the Capitol imploring the Trump administration and congressional Republicans to “put families first” by backing the effort to provide Americans with relief.

“Our great nation has faced crisis before,” Pelosi said. “And every time, thanks to the courage and optimism of the American people, we have prevailed. Now, working together, we will once again prevail.”

Pelosi and Mnuchin engaged in days of around-the-clock negotiations with cross-town phone calls that continued even as Trump was speaking, both indicating earlier they were close to a deal.

They both promised a third coronavirus package will follow soon, with more aggressive steps to boost the U.S. economy, which economists fear has already slipped into recession.

The financial markets closed on an upswing after one of the worst nosedives since the 1987 downturn.

For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia.

The vast majority of people recover. According to the World Health Organization, people with mild illness recover in about two weeks, while those with more severe illness may take three to six weeks to be over it.

Trump said he was gratified that Brazilian President Jair Bolsonaro tested negative for the virus, after the pair sat next to each other for an extended period of time last weekend at Trump’s Mar-a-Lago club. A senior aide to Bolsonaro tested positive.

Trump’s daugher, Ivanka Trump, worked from home Friday after meeting with Australian Home Affairs Minister Peter Dutton, now in isolation at a hospital after testing positive for the coronavirus. White House spokesman Judd Deere said she was evaluated by the White House Medical Unit and it was determined that because she was exhibiting no symptoms she does not need to self-quarantine.

Attorney General William Barr, who also met with the Australian official, was staying home Friday, though he “felt great and wasn’t showing any symptoms,” according to his spokeswoman Kerri Kupec.

Several lawmakers, including some close to Trump, have also been exposed to people who tested positive for the virus, and are self-isolating.

Among them are Republican Sens. Lindsey Graham and Rick Scott, who were at Trump’s club on the weekend. Graham announced Friday that he also met with the Australian official who has now tested positive. And GOP Sen. Ted Cruz of Texas, who had previously isolated himself after a potential exposure at a conservative conference in Washington, said Friday he met with a Spanish official and is now self-quarantining.

Hospitals welcomed Trump’s emergency declaration, which they and lawmakers in Congress had been requesting. It allows the Health and Human Services Department to temporarily waive certain federal rules that can make it harder for hospitals and other health care facilities to respond to an emergency.

The American Medical Association said the emergency declaration would help ensure America’s health care system has sufficient resources to properly respond to the ongoing outbreak.

Trump has struggled to show he’s on top of the crisis, after giving conflicting descriptions of what the U.S. is doing to combat the virus. On Wednesday he announced he would ban travel to the U.S. from Europe, and on Friday he suggested extending that to the U.K. because of a recent rise in cases.

Dr. Anthony Fauci, infectious disease chief at the National Institutes of Health, said more tests would be available over the next week, but warned, “We still have a long way to go.”

Fauci said Friday, “There will be many more cases. But we’ll take care of that, and ultimately, as the president said, this will end.”

___

Associated Press writers Aamer Madhani, Alan Fram, Lauran Neergaard, Martin Crutsinger, Laurie Kellman, Michael Balsamo and Kevin Freking in Washington and Bill Barrow in Atlanta contributed to this report.

https://apnews.com/83b0c8e168548fd453b0c177dd1f203a

 

Story 2: House Expected Passes Family First Coronavirus Response Bill Supported By President Trump — Videos

House Passes Coronavirus Relief Bill

House approves coronavirus response bill supported by Trump

House Speaker Nancy Pelosi says the House will pass coronavirus legislation

Mnuchin: Trump is very interested in putting money into the economy

PBS NewsHour West live episode, March 13, 2020

Story 3: United State Stock Market Rallies — Best Day Since 2008 — Consumer Sentiment Beating Expectations At 95.9 — Videos

The Dow Is Soaring – Here’s Why the Stock Market Is Cheering Trump

Barry Sternlicht: Stock market will make a comeback from coronavirus

El-Erian on markets: ‘It’s getting less scary than it has been for a while’

Cramer’s game plan for the trading week of March 16

Jim Cramer: Not sure this stock market sell-off can be stopped

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The Pronk Pops Show 1412, March 12, 2020, Story 1: President Trump Addresses The American People — 30 Day Ban on Travel From Europe — Videos — Story 2: House Coronavirus Bill Becomes  Democrat Economic Stimulus Package Which President Trump and Republicans Oppose — Videos — Story 3: Federal Reserve Blowing Big Bubbles — $1,500 Trillion in More Liquidity  — Heading Rapidly To Near Zero Interest Rate and Quantitative Easing — Videos –Story 4: Coronavirus Update — Videos–

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Story 1: President Trump Addresses The American People — 30-Day Ban on Travel From Continental Europe To Stop Spread of Coronavirus To United States — Request Congress For Additional $50 Billion Funding For Small Businesses — Videos

Trump addresses the nation calling on Congress for $50B in funding

Pence joins ‘Fox & Friends’ to detail Trump’s Europe travel ban

Trump says markets are ‘going to be just fine’ as Dow slides 2,000+ points

Will Democrats block coronavirus stimulus?

Ingraham: Contain the virus but protect our freedom

Graham praises Trump: He’s doing everything to stop spread of the virus

Senate reviews the impact of coronavirus on small businesses

[youtubehttps://www.youtube.com/watch?v=ABIddyqN_40]

Donald Trump BANS visitors from Europe from entering the US for 30 days starting at midnight on Friday – but excludes the UK and Ireland – in effort to staunch coronavirus pandemic. But how will it slow spread of virus ALREADY inside US?

  • Trump addressed the nation on Wednesday at 9pm to announce the ban on travel from ‘continental’ Europe
  • It will go into effect on Friday at midnight but he did not specify which timezone that refers to 
  • The UK and Ireland are exempt from the ban for reasons yet to be explained by the White House 
  • Americans coming back from Europe will be allowed to enter but it is unclear how or if they will be screened
  • There was a mad dash for tickets home at European airports where passengers paid up to $20k to get home
  • Vice President Pence said on Thursday those Americans, or residents, will be asked to voluntarily quarantine
  • There remains confusion over how the ban will affect trade and imports; Trump said in his speech that the ban applied to goods, then tweeted that it did not 
  • The ban has been met with criticism from health officials and industries who say it will not stop the spread 
  • There are already 1,327 cases of coronavirus in the US, more 22,000 in Europe and 125,000 worldwide 
  • Pandemic is wreaking havoc on global markets and has thrust the entire travel industry into bleak uncertainty
  • SCROLL DOWN FOR THE CDC’S GUIDANCE ON HOW TO HELP BEAT CORONAVIRUS AND TO READ THE PRESIDENT’S ADDRESS IN FULL 
  • Coronavirus symptoms: what are they and should you see a doctor?

President Donald Trump announced he was ordering an immediate shut-down of all travel from Europe to the United States from midnight on Friday to try to stop the spread of coronavirus in the US in an extraordinary address to the nation on Wednesday night.

‘We will be suspending all travel from Europe to the United States for the next 30 days,’ Trump announced, conceding that world health officials had now declared the health crisis a pandemic after insisting for days that it would ‘go away’ and urging Americans not to panic.

The ban will apply to travelers who have visited 26 countries in the EU’s Schengen border-free area in the last 14 days, but not travelers from the UK or Ireland, or to US citizens, American permanent residents and their immediate family members.

Vice President Mike Pence said on Thursday morning that all Americans returning from Europe would be asked to quarantine when they return.

The move caused immediate confusion for Americans within Europe who immediately began scrambling to airports in an effort to get home. The State Department also warned Americans against all non-essential travel abroad, raising the prospect of mandatory quarantines and further bans that could leave people stranded. CNN reported that all travelers returning from Europe would face mandatory quarantine, though did not make it clear where that information came from.

The move was so sudden the acting Homeland Security secretary said he would issue full guidance on how to carry it out within 48 hours.

Trump’s address also made no mention of measures being adopted by other countries to stop the spread of the virus within their borders – like closing schools, banning public gatherings and restricting travel between cities.

While he did announce co-payment wavers for coronavirus treatment he made only a brief mention of test kits and did not say whether the waver would apply to testing.

The emergency measures also include:

  • Tax deferments without interest or penalties for businesses and individuals affected by the coronavirus;
  • A demand for $50 billion in low-interest loans to small businesses to help them overcome the crisis;
  • A call for Congress to enact ‘immediate payroll tax relief’;
  • Financial ‘relief’ for workers who are ill, quarantined or caring for others.

Oval Office address: Donald Trump finally addressed the nation about the coronavirus crisis from the White House on Wednesday and banned all travel to Europe

 

Dr Margaret Harris from the World Health Organisation was among those criticizing the travel ban, warning that it focuses resources on borders rather than stopping the virus spreading through communities.

‘We are not keen on travel bans generally because it makes the country concerned focus on managing their borders rather than focusing on what we’d like to see.

‘[We need to] focus on the spread within the community and stopping the spread within the community and really supporting the health system to be able to look after the people that are and do get severely ill,’ she said during na appearance on Good Morning Britain.

The move also drew immediate criticism from senior Democrats Nancy Pelosi and Chuck Schumer who urged Trump to back their move to offer free testing kits, and to focus on fighting the spread of the virus within the US.

‘We have a public health crisis in this country and the best way to help keep the American people stay safe and ensure their economic security is for the president to focus on fighting the spread of the coronavirus itself,’ they said in a joint statement.

The Association of Flight Attendants was also quick to criticize Trump, branding his travel ban ‘irresponsible’ and saying it is ‘about politics, not public safety’.

‘There is no explanation for how this will help fight the spread of the virus,’ a statement said. ‘It makes little sense when the virus is already in the United States.

‘The President expressly stated the United Kingdom is not included in the travel ban and yet the UK health minister herself has the virus.’

COUNTRIES WHOSE PEOPLE ARE BANNED

WHO THE BAN APPLIES TO 

Most foreign nationals who have been in these countries at any point during the 14 days prior to their scheduled arrival to the United States*

AND WHO IT DOESN’T 

‘Legal permanent residents, (generally) immediate family members of U.S. citizens, and other individuals who are identified in the proclamation.’*

according to Department of Homeland Security

The president did not announce any ban on public gatherings, or declare any travel restrictions within the U.S., although he did urge older Americans to avoid crowded places if possible.

He also caused confusion after appearing to announce that trade from Europe was also banned, only to clarify later on Twitter that ‘the restriction stops people not goods’.

Trump urged elderly Americans to take great caution, urged cutting off visitors to nursing homes, and told Americans to wash their hands diligently.

‘The virus will not have a chance against us – no nation is more prepared or more resilient than the United States,’ he said.

He explained the new measure as a matter of protecting the nation from the rapidly spreading virus – which he called ‘foreign.’

‘This is the most aggressive and comprehensive effort to confront a foreign virus in modern history,’ he said. ‘I will always put the well-being of America first.

‘We are mobilizing the full power of the federal government and private sector to protect the American people,’ he said.

European Council chief Charles Michel said European countries were assessing the ban today, warning that ‘economic disruption must be avoided’.

About 4,600 people have died so far worldwide. In the US there are over 1,300 cases of coronavirus and 37 deaths as of Thursday morning. Some 366 of those cases and 29 deaths were reported in Washington state. Numbers are expected to skyrocket in the United States once more testing is done.

After Trump spoke;

  • the NBA announced it had called off the rest of its season after Utah Jazz player Rudy Gorber tested positive for the virus just before tip-off
  • the State Department told Americans to immediately reconsider any plans to travel abroad because of the danger of the virus 
  • Tom Hanks and his actress wife Rita Wilson revealed they had it too
  • Wall Street braced for more selling Thursday as the futures pointed to a loss of as much as 1,000 points on the Dow
  • Joe Biden prepared to deliver his own coronavirus crisis plan to go head-to-head with his presidential election rival
  • An aide to Democratic Washington senator Maria Cantwell became the first person on Capitol Hill to be confirmed as having the virus, while six other lawmakers remain quarantined over possible exposure
  • And Trump followed his own advice and canceled a campaign swing to Colorado and Nevada after being slammed for refusing to stop shaking hands and holding rallies. 

Many states have moved ahead of the White House on preventing the spread of the virus, and have already started limiting travel and putting in place ‘social distancing measures’ to limit contact between people.

VP MIKE PENCE: ALL AMERICANS RETURNING FROM EUROPE WILL BE ASKED TO SELF-QUARANTINE

Vice President Mike Pence on Thursday morning

Vice President Mike Pence on Thursday morning

Vice President Mike Pence on Thursday said all Americans returning from Europe will be asked to self-quarantine for 14 days upon arrival to try to stunt the spread of the coronavirus.

Pence spoke on Good Morning America, among other shows, on Thursday, hours after President Trump stunned the world by suspending flights from Europe to the US for 30 days from midnight on Friday.

The UK and Ireland are not included in the ban, for reasons he is yet to explain.

It was a dramatic change in tone from the president who, up until Tuesday, had been telling the public not to panic and claiming the virus – which has claimed thousands of lives now worldwide – would go away on its own.

Vice President Pence said on Thursday that the administration had been taking the threat seriously from the beginning but that the unprecedented move to ban European travel was taken as the number of cases there exploded.

He also repeated that the president had asked private laboratories, Lab Corp and Quest Diagnostics – both of which have developed tests that can be used despite not yet being FDA approved because they comply to certain guidelines – to ‘spin up’ production of them.

One of the consistent criticisms of the government’s response to the emergency is how slow it has been to produce and make tests for the virus widely and readily available.

‘We have all have known from the beginning that the coronavirus would continue to spread across this country, it’s one of the reasons president trump took decisive action to put the health of the American people first not only declaring a public health emergency in January but that same month, suspending all travel from China and quarantining everyone returning from the region.

‘Since then, we’ve issued travel advisories to Italy, South Korea… but frankly as we watched the epicenter of the coronavirus shift from China and South Korea to Europe, the president thought it was proper for us to impose a 30 day suspension on all travel from continental Europe,’ he said.

There are already 1,327 cases of the virus in the US and 38 people have died.

Ohio Governor Mike DeWine has limited large gatherings statewide and ordered schools to temporarily close for deep cleaning and so that staff have time to plan for longer-term shutdowns.

All 12 of Florida’s state universities are closing their dormitories and presenting classes online, following in the wake of institutions such as Harvard, Columbia, Princeton Cornell, Stanford and Yale which have either shut down campuses or cancelled in-person classes and moved online.

In Wisconsin, all residents have been told to avoid all non-essential travel while Washington Governor Jay Inslee has banned gatherings of more than 250 people in and around Seattle, with social distancing measures such as mandatory distance between customers in place in bars.

Oregon and California have also banned gatherings of more than 250 people state-wide, with smaller gatherings only permitted if a minimum distance of 6 feet can be guaranteed between people.

Washington state has also closed all public schools in Seattle starting Thursday, with 50,000 children told to stay at home.

In New York, the suburb of New Rochelle was placed in containment in an attempt to isolate a cluster of cases.

After Trump spoke:

The epicenter of the disease in Europe is in Italy, where the government ordered the shutdown of virtually the entire economy as the number of people diagnosed soared and overwhelmed hospitals had to decide who to save from death.

Health officials have warned in recent days about the risk of further spread of the virus from European travelers visiting the U.S. or Americans returning from trips there.

‘These restrictions will be adjusted subject to conditions on the ground,’ he said. He said there would be exemptions for Americans who underwent ‘appropriate screenings.’

On television, he said the prohibitions would apply to the ‘tremendous amount of trade and cargo, but various other things as we get approval.’

Trump also spoke to trade between Europe and the U.S. ‘Anything coming from Europe to the United States is what we are discussing,’ he said.

But then the White House had to issue an astonishing clarification – that the president had misspoken and the ban in fact only applies to humans.

He said the restrictions will also not apply to the United Kingdom. The Department of Homeland Security said Ireland was also exempt.

The UK had 460 cases when Trump spoke, an infection rate higher than the 1,315 cases in the U.S. when adjusted for population.

Britain’s infection rate is around 1 in 144,000 people, worse than the current U.S. figure of around 1 in 249,000 people.

Read the full text of Donald Trump’s address to the nation on the coronavirus crisis

My fellow Americans: Tonight, I want to speak with you about our nation’s unprecedented response to the coronavirus outbreak that started in China and is now spreading throughout the world.

Today, the World Health Organization officially announced that this is a global pandemic.

We have been in frequent contact with our allies, and we are marshalling the full power of the federal government and the private sector to protect the American people.

This is the most aggressive and comprehensive effort to confront a foreign virus in modern history.

I am confident that by counting and continuing to take these tough measures, we will significantly reduce the threat to our citizens, and we will ultimately and expeditiously defeat this virus.

From the beginning of time, nations and people have faced unforeseen challenges, including large-scale and very dangerous health threats.

This is the way it always was and always will be. It only matters how you respond, and we are responding with great speed and professionalism.

Our team is the best anywhere in the world.

At the very start of the outbreak, we instituted sweeping travel restrictions on China and put in place the first federally mandated quarantine in over 50 years.

We declared a public health emergency and issued the highest level of travel warning on other countries as the virus spread its horrible infection.

And taking early intense action, we have seen dramatically fewer cases of the virus in the United States than are now present in Europe.

The European Union failed to take the same precautions and restrict travel from China and other hotspots.

As a result, a large number of new clusters in the United States were seeded by travelers from Europe.

After consulting with our top government health professionals, I have decided to take several strong but necessary actions to protect the health and wellbeing of all Americans.

To keep new cases from entering our shores, we will be suspending all travel from Europe to the United States for the next 30 days.

The new rules will go into effect Friday at midnight. These restrictions will be adjusted subject to conditions on the ground.

There will be exemptions for Americans who have undergone appropriate screenings, and these prohibitions will not only apply to the tremendous amount of trade and cargo, but various other things as we get approval.

 Anything coming from Europe to the United States is what we are discussing.

These restrictions will also not apply to the United Kingdom.

At the same time, we are monitoring the situation in China and in South Korea.

 And, as their situation improves, we will reevaluate the restrictions and warnings that are currently in place for a possible early opening.

Earlier this week, I met with the leaders of health insurance industry who have agreed to waive all copayments for coronavirus treatments, extend insurance coverage to these treatments, and to prevent surprise medical billing.

We are cutting massive amounts of red tape to make antiviral therapies available in record time.

These treatments will significantly reduce the impact and reach of the virus.

 Additionally, last week, I signed into law an $8.3 billion funding bill to help CDC and other government agencies fight the virus and support vaccines, treatments, and distribution of medical supplies.

Testing and testing capabilities are expanding rapidly, day by day. We are moving very quickly.

The vast majority of Americans: The risk is very, very low. Young and healthy people can expect to recover fully and quickly if they should get the virus.

The highest risk is for elderly population with underlying health conditions.

The elderly population must be very, very careful. In particular, we are strongly advising that nursing homes for the elderly suspend all medically unnecessary visits.

In general, older Americans should also avoid nonessential travel in crowded areas.

My administration is coordinating directly with communities with the largest outbreaks, and we have issued guidance on school closures, social distancing, and reducing large gatherings.

Smart action today will prevent the spread of the virus tomorrow.

Every community faces different risks and it is critical for you to follow the guidelines of your local officials who are working closely with our federal health experts — and they are the best.

For all Americans, it is essential that everyone take extra precautions and practice good hygiene.

Each of us has a role to play in defeating this virus.

Wash your hands, clean often-used surfaces, cover your face and mouth if you sneeze or cough, and most of all, if you are sick or not feeling well, stay home.

To ensure that working Americans impacted by the virus can stay home without fear of financial hardship, I will soon be taking emergency action, which is unprecedented, to provide financial relief.

This will be targeted for workers who are ill, quarantined, or caring for others due to coronavirus.

I will be asking Congress to take legislative action to extend this relief.

Because of the economic policies that we have put into place over the last three years, we have the greatest economy anywhere in the world, by far.

Our banks and financial institutions are fully capitalized and incredibly strong. Our unemployment is at a historic low.

This vast economic prosperity gives us flexibility, reserves, and resources to handle any threat that comes our way.

This is not a financial crisis, this is just a temporary moment of time that we will overcome together as a nation and as a world.

However, to provide extra support for American workers, families, and businesses, tonight I am announcing the following additional actions: I am instructing the Small Business Administration to exercise available authority to provide capital and liquidity to firms affected by the coronavirus.

Effective immediately, the SBA will begin providing economic loans in affected states and territories.

These low-interest loans will help small businesses overcome temporary economic disruptions caused by the virus.

To this end, I am asking Congress to increase funding for this program by an additional $50 billion.

Using emergency authority, I will be instructing the Treasury Department to defer tax payments, without interest or penalties, for certain individuals and businesses negatively impacted.

This action will provide more than $200 billion of additional liquidity to the economy.

Finally, I am calling on Congress to provide Americans with immediate payroll tax relief.

Hopefully they will consider this very strongly.

We are at a critical time in the fight against the virus. We made a life-saving move with early action on China.

Now we must take the same action with Europe. We will not delay.

I will never hesitate to take any necessary steps to protect the lives, health, and safety of the American people.

I will always put the wellbeing of America first.

If we are vigilant — and we can reduce the chance of infection, which we will — we will significantly impede the transmission of the virus.

The virus will not have a chance against us. No nation is more prepared or more resilient than the United States.

We have the best economy, the most advanced healthcare, and the most talented doctors, scientists, and researchers anywhere in the world. We are all in this together.

We must put politics aside, stop the partisanship, and unify together as one nation and one family.

As history has proven time and time again, Americans always rise to the challenge and overcome adversity.

Our future remains brighter than anyone can imagine.

Acting with compassion and love, we will heal the sick, care for those in need, help our fellow citizens, and emerge from this challenge stronger and more unified than ever before.

God bless you, and God bless America. Thank you.

Trump blasted the EU, with whom he has sparred in the past, after praising his own decision to cut travel with China early in the outbreak.

NOT A WORD ABOUT TESTING: PELOSI AND SCHUMER BLAST TRUMP’S ADDRESS

House Speaker Nancy Pelosi and Senate Minority Leader Charles Schumer blasted Trump for glossing over the issue of how get more Americans tested as the outbreak spreads.

‘We have a public health crisis in this country and the best way to help keep the American people stay safe and ensure their economic security is for the president to focus on fighting the spread of the coronavirus itself,’ they said in a joint statement. 

‘Alarmingly, the president did not say how the administration will address the lack of coronavirus testing kits throughout the United States.’

‘Tomorrow, we urge Republicans in the House and Senate to help immediately pass the Families First Coronavirus Response Act. 

‘The bill will include free coronavirus testing, paid emergency leave for workers, food security assistance, help to states overburdened by Medicaid costs, and strengthened Unemployment Insurance, among other much-needed measures to keep the American people safe,’ they said.

‘The European Union failed to take the same precautions,’ Trump said. He called his measures ‘strong but necessary actions.’

The UK is not a member of the European Union, having left on January 31 through Brexit.

But Trump, who has clashed the Europeans over trade and tariffs throughout his tenure, also dangled the possibility of a ‘possible early opening.’

On health matters, Trump said:, ‘We are cutting massive amounts of red tape to make antiviral therapies available in record time.’

He did not repeat his earlier claims that a vaccine might be available far earlier than the year and a half estimates of health professionals.

On testing capability, Trump said simply: ‘We are moving very quickly.’ He earlier took heat for saying every American who wanted a test could have one, even as the U.S. lags South Korea and other nations on testing.

Trump said the risk was ‘very, very low’ for the vast majority of Americans.’

However, he said: ‘The highest risk is for elderly population with underlying health conditions.’

‘The elderly population must be very, very careful. In particular, we are strongly advising that nursing homes for the elderly suspend all medically unnecessary visits,’ Trump said.

The VA has already done that in its more than 100 nursing homes for the elderly, the only ones under direct federal control.

Trump was seated with his hands folded for the event. He took a somber tone, even as he repeatedly praised his own administration’s handling of the deadly outbreak that has caused financial markets to tumble amid the mounting death toll and infection rate.

Addressing the prospect of a worldwide recession due to the virus, Trump added: ‘This is not a financial crisis. This is just a temporary moment in time that we will overcome as a nation, and as a world.’

Power of the office: Donald Trump spoke from behind the Resolute desk, in front of the United States flag, the presidential seal, and pictures of (from left) his mother Mary Anne, father Fred, and a picture of himself with a young Ivanka in front of him

Power of the office: Donald Trump spoke from behind the Resolute desk, in front of the United States flag, the presidential seal, and pictures of (from left) his mother Mary Anne, father Fred, and a picture of himself with a young Ivanka in front of him

Moment of history: How Donald Trump addressed the nation from behind the Resolute desk, with a single camera and stills photographer allowed in the room

 

Moment of history: How Donald Trump addressed the nation from behind the Resolute desk, with a single camera and stills photographer allowed in the room

NBC SUSPENDED SEASON AFTER VIRUS-MOCKING GOBERT TESTS POSITIVE

The NBA has cancelled its season, it was announced Wednesday night, after the Oklahoma City Thunder’s game against the Utah Jazz was postponed with no explanation and it was later announced a player had contracted coronavirus.

The player was the Jazz’s Rody Gobert.

The league confirmed in a statement that ‘the test result was reported shortly prior to the tip-off of tonight’s game’ and ‘the affected player was not in the arena’.

Jazz center Rudy Gobert recently tested positive for COVID-19, a source said. Gobert got sick after touching the microphones and recorders of reporters

Jazz center Rudy Gobert recently tested positive for COVID-19, a source said. Gobert got sick after touching the microphones and recorders of reporters

‘The NBA is suspending game play following the conclusion of tonight’s schedule of games until further notice,’ a statement read. ‘The NBA will use this hiatus to determine the next steps for moving forward in regard to the coronavirus pandemic.’

Jazz center Gobert who tested positive had joked about the virus, touching the microphones and recorders of reporters.

He paused and took deep breaths at times during his remarks.

Democrats and other have criticized the president for minimizing the outbreak and repeatedly telling the nation everything would be fine, and even encouraging people to buy stocks.

White House aides did not allow a press pool to be present, only a single camera and still photographer for the address.

The famously germophobic Trump offered health tips in keeping with what the nation’s health officials are providing. He referenced new administration guidance on social distancing and large crowds, but gave no firm instructions.

‘Smart action today will prevent the spread of the virus tomorrow,’ Trump said.

‘For all Americans it is essential that everyone take extra precautions and practice good hygiene,’ Trump advised.

‘Each of us has a role to play in defeating this virus. Wash your hands. Clean often-used surfaces. Cover your face and mouth if you sneeze or cough.

‘And most of all, if you’re sick and not feeling well: stay home,’ he said, speaking with emphasis.

In the first sign of Trump following his own advice, the White House canceled a planned trip to Las Vegas.

Trump had been due to address the Republican Jewish Coalition in the city and raise funds for his re-election campaign.

Trump said he was taking ’emergency action’ which he called ‘unprecedented’ to provide ‘financial relief’ to American workers.

It would be for ‘workers who are ill, quarantined or caring for others due to coronavirus,’ Trump said.

He listed both actions he said he had authority to take on his own, and those requiring congressional action.

‘Using emergency authority I will be instructing the Treasury Department to defer tax payments without interest or penalties for certain individuals and businesses negatively impacted.’

He said the move would provide $200 billion of additional liquidity to the economy. He did not say which businesses or individuals would get it or how.

Trump did not repeat his call to bail out specific industries such as airlines or cruise ships, an idea he pitched this week.

TOM HANKS AND RITA WILSON: WE HAVE THE VIRUS – AND WE’RE OK

Actor Tom Hanks and his wife Rita Wilson have tested positive for the novel coronavirus, they revealed Wednesday evening. 

The Forrest Gump actor and his wife, both 63, announced the positive test results on Instagram urging the public to ‘take care’. 

Hanks revealed he and his wife experienced symptoms including the common cold, body aches and chills before they decided to get tested. 

‘Hello, folks. Rita and I are down here in Australia. We felt a bit tired, like we had colds, and some body aches. Rita had some chills that came and went. Slight fevers too. To play things right, as is needed in the world right now, we were tested for the Coronavirus, and were found to be positive.’ 

The Trump Organization is a real estate and hotel empire with golf property holdings that is closely linked to travel and tourism.

Two of the European countries exempt from the travel ban have Trump properties – two golf courses in Scotland, which is part of the UK, and one in Ireland.

The president said he is calling on Congress to provide Americans with ‘immediate payroll tax relief – an idea he has pitched.

‘Hopefully, they will consider this very strongly,’ he said. Trump’s economic team has said he wants to suspend the entire 12.4 percent employer and employee payroll tax.

Trump said he will be ‘asking Congress to take legislative action to extend this relief.’

The president met with Senate Republicans this week but has not sat down with House Speaker Nancy Pelosi since the crisis began.

His Treasury secretary, Steven Mnuchin, met with Pelosi for talks.

Trump called his decision to cut off travel with China while the outbreak was raging there a ‘life-saving move.’

‘Now we must take the same action with Europe,’ he said.

A day after telling Americans while at the Capitol: ‘Just stay calm. It will go away,’ Trump attended to rally the nation as prior White House occupants have during war and other perils.

‘We will not delay. I will never hesitate to take any necessary steps to protect the lives, health and safety of the American people,’ Trump said.

‘I will always put the well-being of America first.’

‘The virus will not have a chance against us. No nation is more prepared or more resilient than the United States,’ Trump said, hailing U.S. medical professionals.

‘We are all in this together. We must put politics aside, stop the partisanship and unify together as one nation and one family,’ said Trump, who earlier Wednesday attacked Democrats and accused them of politicizing the outbreak.

The address to the nation was hurriedly – and chaotically – announced on Wednesday afternoon as Trump met the nation’s top bankers in the White House cabinet room.

Even amid new economic anxiety, Trump talked up the U.S. economy’s potential.

‘Prior to the coronavirus it was it was just all go, the numbers were fantastic,’ Trump told bank executives.

‘We don’t even know what the numbers are now, we’ll have to see. The numbers from a week ago were great, from two days ago were great.’

View from outside: Donald Trump seen through the Oval Office window as he addresses the nation on the coronavirus crisis and claims it is not a financial crisis in the making

View from outside: Donald Trump seen through the Oval Office window as he addresses the nation on the coronavirus crisis and claims it is not a financial crisis in the making

Trump continued: ‘Now we’re hitting a patch and we’re going to have to do something with respect to getting rid of this virus as quickly as possible and as safely as possible.’

He predicted problems would be a short term, after he and advisors encouraged investors to buy in the stock market.

‘We think it’s going to be a short term period,’ Trump said. ‘If we get rid of it quickly, everything solves itself,’ Trump said.

‘We’re having to fix a problem that four weeks ago nobody ever thought would be a problem. You read about them. You read about them from 1917 and from lots of other times. But nobody thought that we would be seeing … This came out of nowhere. Actually came out of China, which is the way it works,’ Trump said.

Trump was most likely referencing the Spanish flu of 1918, which killed millions and is estimated to have infected up to a third of the world population. However various government medical officials have warned about the risk of a pandemic, including during the outbreaks of diseases like SARS and MERS in recent years.

He didn’t reveal any details of how to get rid of the virus. The nation’s top infectious disease expert spoke Wednesday about the process of developing a vaccine and a focus on therapeutic treatment.

Trump continued to make up-beat economic predictions. ‘I think there’ll be a pent up demand when this is gone. I think that everything maybe where it’s tamped down now people aren’t leaving their homes, you’re going to see a tremendous pent up demand which hopefully won’t be in the too distant future,’ Trump said.

He preceded his remarks with new calls to action on Twitter, after getting hammered by Democrats for failing to take the outbreak seriously enough.

‘I am fully prepared to use the full power of the Federal Government to deal with our current challenge of the CoronaVirus!’ Trump wrote.

Trump’s PR pushback came as tensions rose inside the White House, with hand sanitizers placed in strategic locations, a drop of more than 1,000 points on the Dow, and the World Health Organization labeling the outbreak as a pandemic.

‘This is the first pandemic caused by coronavirus,’ said the WHO’s Director-General Tedros Adhanom Ghebreyesus.

Politico reported that Trump was reluctant to declare a state of emergency, to avoid stoking panic. That would involve a role for Federal Emergency Management Agency and freeing up money for states.

More limited ideas being floated have included tax relief for hourly workers, delaying the April 15 filing deadline, and actions to push out more small business loans.

‘Someone needs to tell the Democrats in Congress that CoronaVirus doesn’t care what party you are in. We need to protect ALL Americans!’ Trump tweeted Wednesday afternoon.

‘America is the Greatest Country in the world. We have the best scientists, doctors, nurses and health care professionals. They are amazing people who do phenomenal things every day,’ Trump wrote in another tweet. ‘Together we are putting into policy a plan to prevent, detect, treat and create a vaccine against CoronaVirus to save lives in America and the world. America will get it done!’ he wrote.

Hours earlier, Dr. Anthony Fauci, the nation’s top infectious disease expert, testified that the coronavirus was ten times more deadly than the flu – a disease Trump has previously tweeted about while urging calm and saying the nation would prevail.

Rep. Carolyn Maloney (D-N.Y.), who chairs the House oversight committee, told a panel of expert witnesses during a hearing on the disease: ‘This morning we were informed that President Trump and Vice President Pence have called our witnesses to an emergency meeting at the White House. We don’t know the details, just that it is extremely urgent.’

She later cited reports that the gather was not an emergency meeting, adding: ‘However that’s not what your staff just told us.’

Fauci issued dire warnings at the House committee hearing.

‘Bottom line, it’s going to get worse,’ Fauci, the director of National Institute of Allergy and Infectious Diseases, said. He warned millions will be affected.

‘If we are complacent and don’t do really aggressive containment and mitigation, the number could go way up and be involved in many, many millions. If we contain we could flatten it,’ he noted, pushing back when asked to pin down how many might be infected.

He also recommended large sporting events be banned.

He said that the WHO estimated it to be lethal in 3.4% of recorded cases so far, a figure he expects to drop to 1% – ‘which means it’s 10 times more lethal than the seasonal flu.’

‘We would recommend that there not be large crowds. If that means not having any people in the audience as the N.B.A. plays, so be it,’ he said.

Washington State Gov. Jay Inslee prohibited gatherings of over 250 people in counties around Seattle, in just the latest move to restrict interactions to contain ‘community spread.’ Basketball games, classes, and festivals were being cancelled and postponed. The NCAA announced that division one college games would be played in arenas without crowd during the famed ‘March Madness’ tournament.

The NBA’s Golden State Warriors announced the team will play its next home game without fans, in a part of the country where the Diamond Princess was moored offshore after an outbreak.

Additional new government actions were not immediately clear. Health and Human Services Secretary Alex Azar was to ‘take all appropriate and necessary steps’ so health care workers could get respirators needed when treating coronavirus patients. Shortages are a concern, as is the manufacture of many face masks for industrial rather than medical use.

The administration continues to assemble possible tax ideas to address the market drop and economic impacts. House Democrats are readying legislative action on their own ideas.

‘Things will get worse than they are right now,’ said Dr. Anthony Fauci, the government top infectious disease expert, said at a House hearing Wednesday.

Trump also lobed an attack at Vanity Fair magazine for what he termed a ‘hit piece.’

The story cast him as a germaphobe who is ‘terrified’ of getting the virus, and describes the administration’s response and PR handling of the crisis as out of control.

‘Vanity Fair Magazine, which will soon be out of business, and their third rate Fake reporters, who make up sources which don’t exist, wrote yet another phony & boring hit piece,’ Trup wrote. ‘The facts are just the opposite. Our team is doing a great job with CoronaVirus!’

Among other things, the article quotes an unnamed prominent Republican saying: ‘Donald is a famous germaphobe. He hates it if someone is eating nachos and dips a chip back in after taking a bite. He calls them ‘double dippers.’

It also reports that last week, Trump told aides he fears journalists will get the disease on purpose in order to give it to him on Air Force One.

On Monday, it was revealed that Trump loyalist GOP Rep. Matt Gaetz flew on Air Force Once with Trump only to learn he had come in contact with a man who had it at CPAC, Gaetz then put himself under quarantine.

Desperate Americans spark ‘bedlam’ at European airports: Fliers pay up to $20,000 for flights from Paris to get back to the US before Trump’s travel restrictions begin

Hundreds of travelers, confused as to whether they will be let back home and face quarantine, rushed to El Prat Airport in Barcelona, Spain, after Trump announced the restrictions to start this Friday to slow the progression of the coronavirus.

Tourists from the U.S., who were left shrouded in confusion by the details of the proposal, scrambled to the Spanish and French airports in the early hours of Thursday morning uncertain about how the ban would impact their attempts to fly back home.

Brussels International Airport: People wait to check in to a flight to Chicago at the United Airlines counter in the main terminal of Brussels International Airport in Brussels on Thursday

Brussels International Airport: People wait to check in to a flight to Chicago at the United Airlines counter in the main terminal of Brussels International Airport in Brussels on Thursday

Paris Charles de Gaulle airport, France: People wearing protective face masks line up at the Air France ticketing desk inside Terminal 2E at Paris Charles de Gaulle airport in Roissy on Thursday

Paris Charles de Gaulle airport, France: People wearing protective face masks line up at the Air France ticketing desk inside Terminal 2E at Paris Charles de Gaulle airport in Roissy on Thursday

Paris Charles de Gaulle airport, France: For most people, the new coronavirus causes only mild or moderate symptoms. For some, especially older adults and people with existing health problems, it can cause more severe illness

Paris Charles de Gaulle airport, France: For most people, the new coronavirus causes only mild or moderate symptoms. For some, especially older adults and people with existing health problems, it can cause more severe illness

Paris Charles de Gaulle airport, France: President Donald Trump's decision Wednesday to impose a 30-day ban on most Europeans entering the United States has sparked 'bedlam' at airports across Europe

Paris Charles de Gaulle airport, France: President Donald Trump’s decision Wednesday to impose a 30-day ban on most Europeans entering the United States has sparked ‘bedlam’ at airports across Europe

With President Trump declaring the ban would come into effect at ‘midnight’ on Friday, confusion reigned over exactly how it would be implemented – including how the cut-off would apply across time zones and which routes Americans would be allowed to use to get home.

Questions also remained as to whether travelers returning from Europe would face screening or quarantine.

Journalist Mike McIntire tweeted from Charles de Gaulle airport: ‘Bedlam at U.S.-bound airlines at CDG in Paris early this a.m., as Americans pay as much as $20,000 for last-minute flights.’

The State Department also warned Americans against all non-essential travel abroad, raising the prospect of mandatory quarantines and further bans that could leave people stranded.

CDC: HOW TO SLOW THE CORONAVIRUS SPREAD

 

 

 

Story 2: House Coronavirus Bill Becomes  Democrat Economic Stimulus Package Which President Trump and Republicans Oppose — Videos

McCarthy: House Democrats’ coronavirus bill comes up short

Rep. Collins on self-quarantine, House coronavirus bill

 

Coronavirus bailout bill to give sick pay to sufferers is in disarray as Donald Trump says he objects to Nancy Pelosi’s plans saying it’s ‘goodies they’ve been trying to get for 25 years’ and Senate Republicans hold it up over abortion

  • Donald Trump said Thursday that he is completely against the Democrat’s economic stimulus packages 
  • ‘There are things in there that have nothing to do with what we are talking about,’ Trump said of House Speaker Nancy Pelosi’s proposed plan 
  • ‘It’s not a way for them to get some of the goodies that they haven’t been able to get for the past 25 years,’ Trump continued
  • Republicans have also expressed they are not happy with Pelosi’s proposal 
  • White House officials claim her new plan includes measures that would provide federal funding for abortions, which is prohibited by the Hyde Amendment 
  • Senate Majority Leader Mitch McConnell also said Thursday that Democrats are using the coronavirus crisis to create a ‘wishlist’ of policies
  • He is insisting they are trying to get certain issues passed with an economic stimulus package meant to address fallout from the coronavirus outbreak
  • ‘It appears … House Democrats instead chose to produce an ideological wishlist that was not tailored closely to the circumstances,’ he said Thursday
  • ‘One is reminded of the famous comment from President Obama’s first chief of staff: ‘You never want a serious crisis to go to waste,’ the GOP leader recited
  • His comments come as Democrats, Republicans and the White House are calling for bipartisanship on the measure 
  • Coronavirus symptoms: what are they and should you see a doctor?

Donald Trump is opposing the Democrat’s stimulus package, claiming Thursday that they are trying to pass other measures hidden within the bill that he says has nothing to do with relief for those affected by coronavirus.

‘It’s not a way for them to get some of the goodies that they haven’t been able to get for the past 25 years,’ Trump said during an Oval Office meeting with Irish Prime Minister Leo Varadkar.

‘Do you support the House Democrat Bill?’ a reporter asked the president at the White House.

‘No, because there are things in there that have nothing to do with what we are talking about,’ he asserted.

Multiple Senior White House officials told the Daily Caller that House Speaker Nancy Pelosi is trying to include a stipulation that would include general funding for abortion in the coronavirus economic stimulus package.

Donald Trump said Thursday that he is completely against the Democrat's economic stimulus packages

'There are things in there that have nothing to do with what we are talking about,' Trump said of House Speaker Nancy Pelosi's proposed plan

'It's not a way for them to get some of the goodies that they haven't been able to get for the past 25 years,' Trump said during an Oval Office meeting with the Irish Prime Minister

Pelosi and Treasury Secretary Steven Mnuchin have been in talks to strike a bipartisan bill that includes measures proposed by Democrats and potentially Trump’s desired payroll tax cut.

Officials claimed that during those talks, Pelosi lobbied for provisions that they said stalled bipartisan commitment to the effort, including mandating up to $1 billion to reimburse laboratory claims.

These White House officials claim that would set a precedent of health spending without barring any of that from going towards abortions.

Mitch McConnell was on the same page as the president Thursday morning, accusing Democrats of using the coronavirus crisis to get unrelated policies passed through their economic stimulus package.

The Senate Majority Leader asserted Democrats are using their plan, which the House is supposed to vote on later in the day Thursday, in order to create a ‘wishlist’ of policies.

‘It appears at this hour that the Speaker and House Democrats instead chose to produce an ideological wishlist that was not tailored closely to the circumstances,’ McConnell said from the Senate floor.

He then invoked the words of former President Barack Obama’s then-Chief of Staff Rahm Emanuel.

‘One is reminded of the famous comment from President Obama’s first chief of staff: ‘You never want a serious crisis to go to waste,’ the Kentucky Republican recited.

McConnell is claiming Democrats are using the coronavirus crisis to their advantage in trying to get things passed through Congress that otherwise may not have been considered.

Despite both sides calling for an end to partisanship, Democrats, Republicans and the White House appear to be weeks away from passing a bipartisan stimulus package.

‘Instead of focusing on immediate relief to affected individuals, families and businesses, the House Democrats chose to wander into various areas of policy that are barely related – if at all – to the issue before us,’ McConnell continued.

Trump is pushing for a stimulus plan that includes a payroll tax suspension, but Democrats, and many Republicans, are against including that measure.

‘I happen to think it would be a great thing even beyond this,’ Trump said during his remarks at the White House Thursday afternoon. ‘So we’re looking at the payroll tax cut.’

Senate Majority Leader Mitch McConnell said Thursday that Democrats are using the coronavirus crisis to create a 'wishlist' of policies they are trying to get passed with an economic stimulus package

'It appears at this hour that the Speaker and House Democrats instead chose to produce an ideological wishlist that was not tailored closely to the circumstances,' McConnell said from the Senate floor

‘It appears at this hour that the Speaker and House Democrats instead chose to produce an ideological wishlist that was not tailored closely to the circumstances,’ McConnell said from the Senate floor

He admitted that the cut wouldn’t be immediate because it’s a ‘strong measure,’ and would likely only be implemented if the economic situation were to worsen further.

U.S. markers have suffered their worst week since the 2008 financial crisis with some big sell-off days as investors’ concerns over the economic impact of coronavirus escalates.

Trump finally began tweeting advice from the Centers for Disease Control Thursday after starting the morning bashing Nancy Pelosi as the U.S. death toll from coronavirus nears 40.

The president posted around two dozen tweets from the CDC, Health and Human Service, the Food and Drug Administration and the Centers for Medicare & Medicaid Services advising Americans on how to avoid and respond to the coronavirus outbreak.

He only made the post, however, after kicking Thursday morning off by bashing House Speaker Pelosi, insisting she is a hypocrite for supporting payroll tax cuts under former President Barack Obama, but opposing the measure now.

”Nancy Pelosi all of a sudden doesn’t like the payroll tax cut, but when Obama proposed it she thought it was a brilliant thing that all of the working families would benefit from because if you get a paycheck, you’re going to take home more money.’ @kilmeade @foxandfriends,’ Trump tweeted, quoting Fox & Friends host Brian Kilmeade.

The president attack against the California Democrat comes just hours after he addressed the nation and called for bipartisanship in the federal response to the coronavirus outbreak.

Pelosi is planning to bring her rivaling relief plan to the House floor today for a vote.

Donald Trump took aim at House Speaker Nancy Pelosi Thursday for opposing the payroll tax cut as a measure for an economic relief plan

Donald Trump took aim at House Speaker Nancy Pelosi Thursday for opposing the payroll tax cut as a measure for an economic relief plan

The attack came just hours after he addressed the nation and called for bipartisanship. 'We must put politics aside, stop the partisanship, and unify together as one nation and one family,' Trump said Wednesday night

The attack came just hours after he addressed the nation and called for bipartisanship. ‘We must put politics aside, stop the partisanship, and unify together as one nation and one family,’ Trump said Wednesday night

Pelosi is preparing to bring her own economic relief package for a vote on the House floor Thursday that does not include Trump's proposed payroll tax cut

Pelosi is preparing to bring her own economic relief package for a vote on the House floor Thursday that does not include Trump’s proposed payroll tax cut

In a televised address to the nation from the Oval Office Wednesday evening, Trump called on Democrats, Republicans and the administration to ‘unify’ in the response to the fallout from the virus.

‘We must put politics aside, stop the partisanship, and unify together as one nation and one family,’ Trump said toward the end of his remarks.

Previously, Trump had not canceled any events or taken any publicly-known precautions to avoid contracting the virus.

But Wednesday night, the White House revealed that Trump is no longer making his campaign swing through Colorado and Nevada.

‘Out of an abundance of caution from the Coronavirus outbreak, the President has decided to cancel his upcoming events in Colorado and Nevada,’ White House Press Secretary Stephanie Grisham announced.

Instead of heading to the west coast Thursday, Trump spent the morning advising people through his agencies and the CDC’s tweets on how to avoid contracting and spreading coronavirus.

The president took to the airwaves Wednesday night as the World Health Organization classified the coronavirus spread as a ‘pandemic’ and as global and U.S. markets continued to plummet as the government has failed to agree on an economic stimulus package.

Trump is pushing for a stimulus plan that includes a payroll tax cut, but Democrats – and a handful of Republicans – have expressed they are not interested in passing a package with this measure included.

‘The administration seems to believe that the answer to any problem is another tax cut,’ Senate Minority Leader Chuck Schumer said of the proposal from the White House.

A payroll tax refers to taxes dedicated to Social Security and Medicare.

One of Trump’s most staunch defenders, Senator Lindsey Graham, also expressed hesitation in supporting the package.

‘It really is about sustaining the economy and controlling the spread of the virus,’ Graham said.

‘The payroll tax as a general stimulus, I’ve got to think about that,’ the South Carolina Republican continued. ‘The money that that costs, could it be better applied to sectors of the economy that are hit.’

He instead said he wanted to focus on a plan that will ‘help people that are going to be laid off’ and industries that will be affected by the virus, like hospitality and tourism.

Even though Trump is calling for bipartisanship, it doesn’t appear he is willing to budge on passing a plan that does not include the payroll tax cut.

Lawmakers have slammed that proposal, insisting it focuses too much on economic relief and not enough on helping individuals and businesses that will be affected by the outbreak.

Markets have experienced one of their worst weeks yet, experiencing the biggest-ever one-day drop on Monday, declining 2,000 points.

While there was a quick reprieve on Tuesday when the hope of a swift, bipartisan relief package was in sight, things took a turn for the worst Wednesday after it became obvious the White House and Congress were not on the same page.

On Wednesday the Dow saw more than a 1,000 point drop.

The president has continued to downplay the threat of coronavirus, even as the confirmed cases in the U.S. surpasses 1,300 and the death toll nears 40.

Senate Majority Leader Mitch McConnell is also calling for a bipartisan measure to stimulate the economy as coronavirus continues to rock the nation.

But he made it clear to reporters after a meeting with Trump on Capitol Hill Tuesday that he wasn’t going to be the one spearheading that effort.

Instead, Treasury Secretary Steven Mnuchin is taking the charge by facilitating talks with Pelosi.

The two have struck a deal in the past and are known to have a good working relationship.

According to a top Pelosi aide, the Democratic leader spoke with Mnuchin early Wednesday morning to discuss a more bipartisan coronavirus package.

‘I wouldn’t say it’s a negotiation. We’re having discussions about various different policies,’ Mr. Mnuchin said after meeting with Pelosi for about 30 minutes on Tuesday. ‘There’s a lot of interest on a bipartisan basis to get something done quickly.’

Read the full text of Donald Trump’s address to the nation on the coronavirus crisis

My fellow Americans: Tonight, I want to speak with you about our nation’s unprecedented response to the coronavirus outbreak that started in China and is now spreading throughout the world.

Today, the World Health Organization officially announced that this is a global pandemic.

We have been in frequent contact with our allies, and we are marshalling the full power of the federal government and the private sector to protect the American people.

This is the most aggressive and comprehensive effort to confront a foreign virus in modern history.

I am confident that by counting and continuing to take these tough measures, we will significantly reduce the threat to our citizens, and we will ultimately and expeditiously defeat this virus.

From the beginning of time, nations and people have faced unforeseen challenges, including large-scale and very dangerous health threats.

This is the way it always was and always will be. It only matters how you respond, and we are responding with great speed and professionalism.

Our team is the best anywhere in the world.

At the very start of the outbreak, we instituted sweeping travel restrictions on China and put in place the first federally mandated quarantine in over 50 years.

We declared a public health emergency and issued the highest level of travel warning on other countries as the virus spread its horrible infection.

And taking early intense action, we have seen dramatically fewer cases of the virus in the United States than are now present in Europe.

The European Union failed to take the same precautions and restrict travel from China and other hotspots.

As a result, a large number of new clusters in the United States were seeded by travelers from Europe.

After consulting with our top government health professionals, I have decided to take several strong but necessary actions to protect the health and wellbeing of all Americans.

To keep new cases from entering our shores, we will be suspending all travel from Europe to the United States for the next 30 days.

The new rules will go into effect Friday at midnight. These restrictions will be adjusted subject to conditions on the ground.

There will be exemptions for Americans who have undergone appropriate screenings, and these prohibitions will not only apply to the tremendous amount of trade and cargo, but various other things as we get approval.

 Anything coming from Europe to the United States is what we are discussing.

These restrictions will also not apply to the United Kingdom.

At the same time, we are monitoring the situation in China and in South Korea.

 And, as their situation improves, we will reevaluate the restrictions and warnings that are currently in place for a possible early opening.

Earlier this week, I met with the leaders of health insurance industry who have agreed to waive all copayments for coronavirus treatments, extend insurance coverage to these treatments, and to prevent surprise medical billing.

We are cutting massive amounts of red tape to make antiviral therapies available in record time.

These treatments will significantly reduce the impact and reach of the virus.

 Additionally, last week, I signed into law an $8.3 billion funding bill to help CDC and other government agencies fight the virus and support vaccines, treatments, and distribution of medical supplies.

Testing and testing capabilities are expanding rapidly, day by day. We are moving very quickly.

The vast majority of Americans: The risk is very, very low. Young and healthy people can expect to recover fully and quickly if they should get the virus.

The highest risk is for elderly population with underlying health conditions.

The elderly population must be very, very careful. In particular, we are strongly advising that nursing homes for the elderly suspend all medically unnecessary visits.

In general, older Americans should also avoid nonessential travel in crowded areas.

My administration is coordinating directly with communities with the largest outbreaks, and we have issued guidance on school closures, social distancing, and reducing large gatherings.

Smart action today will prevent the spread of the virus tomorrow.

Every community faces different risks and it is critical for you to follow the guidelines of your local officials who are working closely with our federal health experts — and they are the best.

For all Americans, it is essential that everyone take extra precautions and practice good hygiene.

Each of us has a role to play in defeating this virus.

Wash your hands, clean often-used surfaces, cover your face and mouth if you sneeze or cough, and most of all, if you are sick or not feeling well, stay home.

To ensure that working Americans impacted by the virus can stay home without fear of financial hardship, I will soon be taking emergency action, which is unprecedented, to provide financial relief.

This will be targeted for workers who are ill, quarantined, or caring for others due to coronavirus.

I will be asking Congress to take legislative action to extend this relief.

Because of the economic policies that we have put into place over the last three years, we have the greatest economy anywhere in the world, by far.

Our banks and financial institutions are fully capitalized and incredibly strong. Our unemployment is at a historic low.

This vast economic prosperity gives us flexibility, reserves, and resources to handle any threat that comes our way.

This is not a financial crisis, this is just a temporary moment of time that we will overcome together as a nation and as a world.

However, to provide extra support for American workers, families, and businesses, tonight I am announcing the following additional actions: I am instructing the Small Business Administration to exercise available authority to provide capital and liquidity to firms affected by the coronavirus.

Effective immediately, the SBA will begin providing economic loans in affected states and territories.

These low-interest loans will help small businesses overcome temporary economic disruptions caused by the virus.

To this end, I am asking Congress to increase funding for this program by an additional $50 billion.

Using emergency authority, I will be instructing the Treasury Department to defer tax payments, without interest or penalties, for certain individuals and businesses negatively impacted.

This action will provide more than $200 billion of additional liquidity to the economy.

Finally, I am calling on Congress to provide Americans with immediate payroll tax relief.

Hopefully they will consider this very strongly.

We are at a critical time in the fight against the virus. We made a life-saving move with early action on China.

Now we must take the same action with Europe. We will not delay.

I will never hesitate to take any necessary steps to protect the lives, health, and safety of the American people.

I will always put the wellbeing of America first.

If we are vigilant — and we can reduce the chance of infection, which we will — we will significantly impede the transmission of the virus.

The virus will not have a chance against us. No nation is more prepared or more resilient than the United States.

We have the best economy, the most advanced healthcare, and the most talented doctors, scientists, and researchers anywhere in the world. We are all in this together.

We must put politics aside, stop the partisanship, and unify together as one nation and one family.

As history has proven time and time again, Americans always rise to the challenge and overcome adversity.

Our future remains brighter than anyone can imagine.

Acting with compassion and love, we will heal the sick, care for those in need, help our fellow citizens, and emerge from this challenge stronger and more unified than ever before.

God bless you, and God bless America. Thank you.

https://www.dailymail.co.uk/news/article-8105193/Mitch-McConnell-slams-Democrats-coronavirus-bailout-plan-ideological-wishlist.html

 

Story 3: Federal Reserve Blowing Big Bubbles — $1,500 Trillion in More Liquidity  — Heading Rapidly To Near Zero Interest Rate and Quantitative Easing — Videos —

New York Fed to conduct purchases across range of maturities

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Chamath Palihapitiya on stock selloff: I suspect we are nowhere near the lows

Former Federal Reserve vice chair Alan Blinder puts recession odds at 90 percent

 

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown

KEY POINTS
  • The Fed announced a bold new initiative in an effort to calm market tumult amid the coronavirus meltdown.
  • In all, the new moves pump in up to $1.5 trillion into the financial system in an effort to combat potential freezes brought on by the coronavirus.
  • This was the second day in a row and the third time this week the Fed has stepped in.
  • Stocks staged a sharp turnaround from earlier losses, though some of those gains were pared.

New York Fed to conduct purchases across range of maturities

The Federal Reserve stepped into financial markets Thursday for the second day in a row and the third time this week, this time dramatically ramping up asset purchases amid the turmoil created by the coronavirus.

“These changes are being made to address highly unusual disruptions in Treasury financing markets associated with the coronavirus outbreak,” the New York Fed said in an early afternoon announcement amid a washout on Wall Street that was heading toward the worst day since 1987.

Stocks were off their lows following the announcement though some of the gains were pared as the market digested the moves. Some in the market were skeptical that the move was enough, and even whether the the Fed itself had the proper tools to reverse the current market downtrend.
close dialog
The top moments in business and politics – wrapped with exclusive color and context – right in your ears
We continue to emphasize that this Fed will act aggressively and in particular that central banks are focused on safeguarding market functioning at this point, and will continue to provide liquidity in scale,” Ebrahim Rahbari, director of global economics at Citi Research. “However, despite the sharp initial risk rally, we think these measures will still not be sufficiently to durably stabilize market sentiment yet in light of credit concerns and escalating health concerns.”

One part of the announcement saw the Fed widen the scale for its $60 billion worth of money the Treasury purchases, which to now had been confined to short-term T-bills.

Fed will pull out big guns to make sure there’s no collapse: Banking analyst

Under the new regime, the Fed will extend its purchases “across a range of maturities” to include bills, notes, Treasury Inflation-Protected Securities and other instruments. The central bank will begin purchasing coupon-bearing securities, something market participants have been clamoring for since late 2019.

The purchases start Thursday and will continue through April 13.

The second part of the new operations will see the New York Fed desk offer $500 billion in a three-month repo operation and a one-month operation. The offerings will happen on a weekly basis through the remainder of the program.

In addition, the Fed will continue to offer at least $175 billion in overnight repos and $45 billion in two-week operations. Repos are short-term operations in which financial institutions provide high-quality collateral in exchange for cash reserves they use to operate.

The extraordinary moves came amid extreme market turmoil created by uncertainty over the coronavirus pandemic. Government bond yields earlier this week cascaded to record lows amid reports of liquidity issues in the market and fears of a global recession.

However, questions remain whether the Fed can arrest the market’s issues on its own. Wall Street has been looking for an aggressive fiscal response and has yet to get it from Washington lawmakers.

“The virus was the catalyst but it’s not the cause,” said Christopher Whalen, founder of Whalen Global Advisors. “Both bonds and equities were inflated rather dramatically by our friends at the Fed. You’re seeing the end game for monetary policy here, which is at a certain point you have to stop. Otherwise you get grotesque asset bubbles like we saw, and the engine just runs out of fuel.”

Markets have been looking for action by the Fed, which instituted an inter-meeting interest rate cut last week that did nothing to quell concerns. The Fed on Monday increased the limits for its ongoing repo operations, then Wednesday expanded the limits an announced a $50 billion term offering that attracted heavy interest earlier in the day Thursday.

Along with the announcement, the Fed pledged that “the terms of operations will be adjusted as needed to foster smooth Treasury market functioning and efficient and effective policy implementation.”

https://www.cnbc.com/2020/03/12/fed-to-pump-more-than-500-billion-into-short-term-bank-funding-expand-types-of-security-purchases.html

Story 4: Coronavirus Update — Videos

New report shows how long coronavirus can remain in air, on surfaces

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The Pronk Pops Show 1411, March 11, 2020, Story 1: The End of The Stock Market’s Bull Market Brought Down By Chinese Communist Coughing Crisis — Bear Markets Begins — Videos — Story 2: World Health Organization (WHO) Declares COVID-19 Pandemic — 4 Countries (China, Iran, Italy, and South Korea ) Have Most Cases and Over 100 Countries Have Reported Cases– Videos  — Story 3: Dr. Fauci: We’re going to get a lot more infections — Videos —

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Italy has the worst coronavirus death rate in the world, which experts put down to its elderly population and the possibility that a large number of cases are not being diagnosed

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Story 1: The End of The Stock Market’s Bull Market Brought Down By Chinese Communist Coughing Crisis — Bear Markets Begins — Videos —

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The 11-year bull market is ending. Here’s what a bear market means

Dow Enters Bear Market, S&P Flirts with Bear Market [Stock Market Review] March 11, 2020

Citi CEO tells Trump coronavirus is ‘not a financial crisis’

Warren Buffett talks coronavirus and oil ‘one-two punch’ on stock market

 

Bull Market Ends Like It Began: In Chaos, Without Any Warning

 Updated on 
  • Fed support not enough to salvage stocks gripped by virus fear
  • As one of the slowest bulls, it still beats the rest of world

Nobody knew then, but it was the start of a rally that would ultimately add $20 trillion to equities and become the most enduring in history.

Now, a bull market that nobody saw coming has ended the same way it began — amid panic, and with little warning. Based on when it last hit a record, the Dow plunged 20% from Feb. 12, and investors who had only just begun to wade back in are getting crushed by a global health scare that has, thus far, resisted every effort to halt. (Inconveniently for market statisticians, the bear market arrived first in the Dow and not their preferred gauge, the S&P 500.)

The Dow Jones Industrial Average closed 20% below its all-time high

In the end, it was one more crisis than could be contained by the market’s guardians. What set apart this bull market was, of course, the Federal Reserve. In modern history, no rally has been more closely associated with the central bank — and its unprecedented experiments in monetary policy — than this one. But policy makers who had so successfully shielded investors from credit crises, subpar economic growth and all manner of market turmoil, had no answer for a virus threatening to cause a global recession.

“What changed during this bull market is we assumed the Fed could solve everything. If this becomes a global demand problem, the Fed won’t be as able to help –- not with conventional policy,” said Peter Tchir, head of macro strategy at Academy Securities LLC.

It’s testament to the power of the advance that a plunge as violent as this one has lowered the annualized bull market return by less than 2 percentage points. If by a miracle you bought at the bottom, you’re still sitting on handsome gains — about 15% a year. Someone who waited 12 months before jumping in is doing fine, too.

“The bull market became an old friend and maybe we took its ability to fly for granted a bit too much, its ability to continue to power on,” said Marvin Loh, senior global macro strategist for State Street. “It was unique, it was euphoric. It made a lot of people feel great. But a lot of people didn’t participate as much as they could have, also.”

Not everyone will mourn an era whose early stages were fueled by Ben Bernanke’s controversial approach to stimulus, experiments with names like Quantitative Easing and Operation Twist designed to spur investment by pushing banks and individuals out of the fixed-income havens to which they flocked during the crisis. Every time the rally threatened to collapse — and shares twice before came within points of losing 20% — central bank pronouncements breathed new life.

Dow Jones Industrial Average falls 20% from a record

“Looking back on this bull market, financial textbooks will be re-written to start with central bank policy,” said Matt Miskin, co-chief investment strategist at John Hancock Investment Management. “And that section could equate to nearly half the content.”

The rally was a monster by many measures. At its peak on Feb. 19, the S&P 500 needed to climb about 3% more to eclipse the return of the mother of all bull markets, the dot-com frenzy that lifted it 545%. At the same time, its slow-and-steady nature kept it out of the ranks of the fastest. Going by the S&P 500 — which isn’t in a bear market, technically — the 18.3% annualized gain at the top is actually smaller than all but one of 12 previous bull markets.

Its biggest claim to history is its length. While a robust debate exists among wonks over how to date bull markets, most statisticians consider this to be the most durable on record. It lasted 11 years and two days and featured two calendar years in which the total return exceeded 30%.

S&P 500 leaps way ahead of other markets

The unrelenting climb has made U.S. stocks the envy of the world for a decade. In the past 10 years, the S&P 500’s gained more than 135%, compared with an advance of about 60% in the MSCI All-Country World Index. Emerging market stocks fell around 2% over that period.

“It was an all-American bull market. It paid to be provincial,” said Doug Ramsey, chief investment officer at Leuthold Group. “Toward the end, consumer discretionary did exceptionally well, especially considering we came out of a massive consumer recession. That’s an all-American thing: consumption.”

Amid Europe’s credit crisis, a downgraded U.S. credit rating, the Flash Crash, the rally struggled to gain converts early on — some wags called it the most hated bull market ever. In later stages a different sort of contempt began to emerge, from struggling American wage earners who saw equity returns as a Fed-fomented gift to the 1%. At various times in the past decade the return on the S&P 500 has exceeded growth in worker pay by the most on record. Four tech megacaps have seen their value jump over $1 trillion.

That aside, for anyone depending on the market for old-age money, the sight of the plunge has been harrowing.

“Someday I’ll tell my grandchildren how our generation rode an investment fad that overweighted stocks in our portfolios from the highs down to the lows, leaving us with less than we hoped for in retirement,” said Chris Rupkey, chief financial economist for MUFG Union Bank. “The end of the bull market really means an end of confidence in our own futures. We’ll never see a repeat of 2019’s 28.8% gain in the S&P 500 again.”

https://www.bloomberg.com/news/articles/2020-03-11/bull-market-ends-like-it-began-in-chaos-without-any-warning

Story 2: World Health Organization (WHO) Declares COVID-19 Pandemic — 4 Countries (China, Iran, Italy, and South Korea ) Have Most Cases and Over 100 Countries Have Reported Cases– Videos 

BREAKING: Coronavirus declared a pandemic by WHO

What can we expect from Trump’s national address on coronavirus pandemic?

Coronavirus IS a pandemic: World Health Organization dramatically upgrades COVID-19 outbreak after ‘severity’ of cases across the globe and calls out ‘alarming inaction’ by some governments

  • The WHO said it was ‘deeply concerned by the alarming levels of spread and severity’ of the coronavirus
  • A pandemic is the uncontrolled spread of a new disease – more than 100 countries have recorded cases
  • Europe is now the centre of the crisis, with growing outbreaks in Italy, Spain, France, Germany and the UK 
  • At least 125,000 patients have been infected and 4,000 have died since the outbreak began last December
  • The virus has been spreading between humans in four continents since February 28, the WHO has admitted
  • Do you have a story about coronavirus? Email stephen.matthews@mailonline.co.uk or ring 020 361 51181
  • Coronavirus symptoms: what are they and should you see a doctor?

The World Health Organization today finally declared the coronavirus outbreak a pandemic after blaming ‘alarming levels of inaction’ by governments across the planet for fueling the crisis.

As the number of confirmed cases of the bug worldwide surpassed 112,000 – and the death toll neared 4,500 – the WHO said it was ‘deeply concerned by the alarming levels of spread and severity’.

Director-General of the UN agency Dr Tedros Adhanom also blasted governments for ignoring repeated WHO pleas to take urgent and aggressive action, with cases of the deadly illness outside of China having risen 13-fold in the space of a fortnight because of escalating crises in Italy, Iran, Spain, Germany, and France.

The WHO said: ‘Pandemic is not a word to use lightly or carelessly. It is a word that, if misused, can cause unreasonable fear, or unjustified acceptance that the fight is over, leading to unnecessary suffering and death.’

In a desperate call for governments to band together and tackle the coronavirus, Dr Adhanom said: ‘We’re in this together, to do the right things with calm and protect the citizens of the world. It’s doable.’

The last pandemic – defined as the uncontrolled worldwide spread of a new disease – to be officially declared was the swine flu outbreak in 2009, which scientists estimate killed hundreds of thousands of people.

More than 125,000 people globally have already been infected with the coronavirus, which can cause pneumonia but causes mild flu-like symptoms for 98 per cent of patients.

Cases have slowed dramatically in China, where the bug first emerged at the end of December. However, the crisis has now enveloped Europe, where the number of cases rises by the day.

Around 60million Italians – whose country is the worst-hid by the infection after China – are now subject to an official curfew imposed upon them by the Italian Government.

Outbreaks are also worsening in Spain, France, Germany, and the UK; in the latter, the eighth confirmed death by the coronavirus was announced earlier, leading to charges of dithering by Boris Johnson’s administration.

Leading experts, including Germany’s health minister, have called the crisis a pandemic for weeks – and the WHO itself has admitted the killer virus has been spreading between humans in four continents since February 28.

Medics in hazmat suits care to a patient in Civile Hospital, Brescia, Italy. Italy is at the centre of the escalating coronavirus crisis, with more than 10,000 cases recorded

A doctor in Wuhan, China – where the outbreak began at the end of December – checks the medicine given to an infected patient+29

A doctor in Wuhan, China – where the outbreak began at the end of December – checks the medicine given to an infected patient

Medical workers in Seoul, South Korea transfer a coronavirus patient to a hospital in a special tube to contain the virus

Doctors in Indonesia care for a suspected coronavirus patient at Suradadi Hospital in Tegal

WHAT IS THE DIFFERENCE BETWEEN A PANDEMIC AND AN EPIDEMIC?

An epidemic is a situation in which a disease takes hold in a single community, which could be a town, region or country.

For an epidemic to be declared, the disease must be continuing to spread among the population without people having to catch it from other people and not from the disease’s original source – in the case of the coronavirus this would be the animal market in Wuhan.

A pandemic is when this ongoing person-to-person spread of the disease happens in multiple countries around the world.

A disease being a pandemic does not make it more dangerous, nor change anything about how it affects people or what can be done to stop it.

The World Health Organization had hesitated to declare a pandemic because, for a long time, most of the cases being seen in countries outside of China were in people who had travelled there or caught it directly from someone who travelled there.

Now the disease is so widespread that people can catch it without any obvious link to China, and the numbers are continuing to rise worldwide despite travel bans, showing the virus is in constant circulation within various countries.

A report by the WHO on Monday confirmed that the virus was spreading unchecked in at least 30 countries in Europe, which is now at the centre of the global crisis.

In other developments to the escalating global crisis today:

  • An elderly woman became the first person to die of coronavirus in the Republic of Ireland; 
  • Iran reported 63 new deaths from the virus in 24 hours, the highest single-day toll since it announced the first deaths from the outbreak;
  • Three Disneyland Paris workers tested positive for the killer infection and were placed in quarantine as the park closes two attractions;
  • Holiday plans were thrown into further doubt as Turkey became the latest tourist hotspot to be hit by the coronavirus;
  • A passenger was arrested for licking his hand and wiping it on a handrail on the Belgian subway, forcing the train to be taken off service and disinfected;
  • A British woman became the first person to catch the killer illness in Jamaica – it is unclear where she caught the virus;
  • Experts have warned Italy has a higher death rate than expected because its population is older than average.

The specific definition of a pandemic are not universally agreed upon, but there are known to be three main criteria.

These are: sustained person-to-person transmission, evidence of world-wide spread and a disease that can cause sudden illness or death.

COVID-19 is a mild flu-like illness for the overwhelming majority of patients, which may explain why the WHO was so reluctant to call it a pandemic.

Until today, it said the clusters of cases in other countries around the world could be traced back to Asia, where the situation began.

Calling the outbreak a pandemic does not mean any advice given to countries on on how to contain the killer virus will change – it is just an admission that it is now spreading in dozens of nations.

More countries have now confirmed cases of COVID-19, the disease caused by the killer infection, than those that haven’t.

Saudi Arabia temporarily suspended travel of citizens and residents and halted flights with several states on Thursday due to coronavirus fears.

The decision includes the European Union, Switzerland, India, Pakistan, Sri Lanka, Philippines, Sudan, Ethiopia, South Sudan, Eritrea, Kenya, Djibouti, and Somalia, source added, saying the Kingdom also suspended entry to those coming from these countries.

Saudi Arabia also suspended passenger traffic through all land crossings with Jordan, while commercial and cargo traffic is still allowed, and the passage of exceptional humanitarian cases.

The decision excludes health workers in the Kingdom from Philippines and India, and evacuation, shipping and trade trips taking necessary precautions. Saudi Arabia has 45 coronavirus cases.

Cuba confirmed its first cases of coronavirus, while its textile industry has been drafted to fabricate masks and the government also urged citizens to make their own, amid a cash crunch and dwindling supplies worldwide.

The World Health Organization has said the coronavirus outbreak can now be classed as a pandemic. Pictured, it's chief executive Dr Tedros Adhanom

The World Health Organization has said the coronavirus outbreak can now be classed as a pandemic. Pictured, it’s chief executive Dr Tedros Adhanom

WHAT ARE COUNTRIES DOING TO STOP THE CORONAVIRUS?

World Health Organization director-general, Dr Tedros Adhanom Ghebreyesus, applauded the efforts Italy, South Korea and Iran have been making to try and stop the coronavirus.

Here’s what they’re doing:

Italy 

Italy’s government has this week put the entire country into a lockdown. Citizens have been told not to travel out of their hometowns unless it is necessary, and face jail time if they try to break the rules. They are allowed out to go shopping and to go to work in some cases.

Schools, museums, sports events and large gatherings have all been closed or cancelled to stop people coming together in crowds.

The country is urging all tourists who are there to leave and return to their home countries.

South Korea 

South Korea has been hailed as a success in its coronavirus response as it appears to have managed to stem a rapidly spiralling outbreak. Thousands of people were infected there in a short space of time but the country locked down the worst-hit cities – Daegu and Cheongdo – and ramped up testing and isolation protocols.

The nation quickly upgraded its response to a high alert level and was meticulous in tracing the contacts of its confirmed cases and testing and isolating them, too. Rapid diagnostic tests have been available there since mid-January, Pharmaceutical Technology reports.

It issued stay-home notices to citizens in Cheongdo and Daegu and sent the cities into shutdown while officials tracked down coronavirus patients.

Iran

Iran has also seen a devastating surge in coronavirus cases in a short time but has told its citizens to stop travelling around the country.

The country’s national airline has stopped all flights to Europe and the authorities have closed all schools and universities, stopped large events and sports matches, and cut people’s working hours to try and reduce travel and slow down the spread of the virus.

There are roadblocks with checks on people travelling around the city of Qom, where the outbreak started, The Guardian reported.

At a press conference in Geneva – where the WHO is based, Dr Tedros revealed 81 countries have not reported any cases.

He said: ‘We cannot say this loudly enough, or clearly enough, or often enough: all countries can still change the course of this pandemic. Even those countries with community transmission or large clusters can turn the tide on this coronavirus.’

Dr Tedros said several countries have demonstrated the virus can be suppressed and controlled – outbreaks in China and South Korea have dramatically slowed.

But he added the ‘challenge for many countries’ now dealing with large clusters ‘is not whether they can do the same – it’s whether they will’.

Dr Tedros also said: ‘Some countries are struggling with a lack of capacity. Some countries are struggling with a lack of resources.’

And in a veiled jab at some countries battling escalating outbreaks, he added: ‘Some countries are struggling with a lack of resolve.’

He said: ‘We are grateful for the measures being taken in Iran, Italy and South Korea to slow the virus and control their COVID19 epidemics. We know that these measures are taking a heavy toll on societies and economies, just as they did in China.

‘All countries must strike a fine balance between protecting health, minimizing economic & social disruption & respecting human rights.

‘This is not just a public health crisis, it is a crisis that will touch every sector – so every sector and every individual must be involved in the fight.

‘I remind all countries that we are calling on you to: activate & scale up your emergency response mechanisms; communicate with your people about the risks and how they can protect themselves; find, isolate, test and treat every COVID19 case and trace every contact.’

An epidemic is a situation in which a disease takes hold in a single community, which could be a town, region or country. A pandemic is when this ongoing person-to-person spread of the disease happens in multiple countries around the world.

A disease being a pandemic does not make it more dangerous, nor change anything about how it affects people or what can be done to stop it.

A report by the WHO on Monday confirmed that the virus was spreading unchecked in 30 countries in Europe, which is now at the centre of the global crisis.

The list of countries include Spain, Germany and France – popular Easter holiday destinations for thousands of Brits looking to jet abroad.

It comes after an elderly woman today became the first person to die of the killer coronavirus in the Republic of Ireland.

The patient, who hasn’t been identified, suffered from respiratory symptoms before a doctor decided to test for COVID-19.

Health chiefs in Ireland did not reveal her age but said she died earlier today despite treatment at a hospital in the east of the country.

Chief medical officer Dr Tony Holohan said: ‘I would like to extend my condolences to the family and friends of this patient.’

The head of the Irish Health Service Executive (HSE) Paul Reid tweeted that the Republic is entering 'a new phase' of coronavirus

The head of the Irish Health Service Executive (HSE) Paul Reid tweeted that the Republic is entering ‘a new phase’ of coronavirus

IRAN RECORDS 63 NEW DEATHS FROM THE VIRUS – THE HIGHEST DAILY TOLL

Iran today reported 63 new deaths from the coronavirus in the past 24 hours, the highest single-day toll since it announced the first deaths from the outbreak.

In an attempt to combat the disease, firefighters were deployed this morning to spray disinfectant over the city’s streets.

Iran’s Health Ministry said the deaths are among some 9,000 confirmed cases in Iran, where the virus has spread to all of the country’s provinces.

Iran is yet to officially impose quarantines but authorities have repeatedly called on people to refrain from travelling. It has closed schools and universities and resorted to shutting hotels and other tourist accommodation to discourage travel.

 Among the dead are five of Iran’s elite Revolutionary Guard members and an unspecified number of the Guard’s volunteer Basij force.

There are concerns that the number of infections across Iran is much higher than the confirmed cases reported by the government, which is struggling to contain or manage its spread. The rising casualty figures each day in Iran suggest the fight against the new coronavirus is far from over.

In other developments, a British woman died of coronavirus in Indonesia – becoming the country’s first death in the epidemic.

Indonesia’s government said the 53-year-old woman with diabetes and lung disease had died in hospital after being admitted in a critical condition.

Reports in Indonesia say she was cremated today. Her husband was also in Indonesia and is due to return to Britain soon, officials say.

It means eight Brits have now died from COVID-19. The first death to be recorded was a holidaymaker onboard the doomed Diamond Princess cruise ship, which was quarantined off the coast of Japan.

Six fatalities have since been recorded in England. Scotland, Wales and Northern Ireland have yet to record any deaths.

Iran today reported 63 new deaths from the coronavirus in the past 24 hours, the highest single-day toll since it announced the first deaths from the outbreak.

In an attempt to combat the disease, firefighters were deployed this morning to spray disinfectant over the city’s streets.

Iran’s Health Ministry said the deaths are among some 9,000 confirmed cases in Iran, where the virus has spread to all of the country’s provinces.

Iran is yet to officially impose quarantines but authorities have repeatedly called on people to refrain from travelling.

It has closed schools and universities and resorted to shutting hotels and other tourist accommodation to discourage travel.

Indonesia's government said the 53-year-old woman with diabetes and lung disease had died in hospital, reportedly the Sanglah hospital in Bali (pictured)

The British woman was reportedly cremated at this crematorium complex in Bali today (pictured) after she died following a positive test for coronavirus
Pictured, a couple wearing face masks on the tube in London, where 104 cases of coronavirus have been confirmed

Pictured, a male goes about this normal travel business on a quiet Bakerloo Line today

Most of the cases confirmed in the UK have been in England (387). Fears are mounting that the worsening crisis in the UK is mirroring that of Italy, where 60million people have been placed in an unprecedented lockdown

People wearing a protective face masks walking across London Bridge today as Britain braces itself for an increase in cases of the coronavirus. Experts expect the outbreak to peak in the next fortnight with thousands more cases

People wearing a protective face masks walking across London Bridge today as Britain braces itself for an increase in cases of the coronavirus. Experts expect the outbreak to peak in the next fortnight with thousands more cases

Firefighters on a firetruck trundle down a road in southern Tehran today, spraying disinfectant to stem the spread of the coronavirus

Firefighters on a firetruck trundle down a road in southern Tehran today, spraying disinfectant to stem the spread of the coronavirus

A firefighter points from the spraying end of a fire truck that is disinfecting the streets of Tehran, today

A firefighter points from the spraying end of a fire truck that is disinfecting the streets of Tehran, today

Disinfection works are being carried out by fire brigade crew in the streets of Tehran as a precaution against coronavirus (COVID-19) today

Disinfection works are being carried out by fire brigade crew in the streets of Tehran as a precaution against coronavirus (COVID-19) today

Iranian firefighters disinfect the streets of Tehran to halt the spread of the coronavirus today

WHY ARE SO MANY PATIENTS DYING IN ITALY?

Italy has the highest coronavirus death rate in the world with one in every 16 people who catch the disease there dying from it.

At least 10,149 people have now been diagnosed with the virus, making it the worst hit country outside of China, and 631 are confirmed to have died.

Its death rate is 6.22 per cent, according to the most recent data – the highest in the world.

The deadly impact in Italy has been put down to three possible factors – a huge population of old people, cases being concentrated in a small area, and a lag in testing meaning the number of total cases is inaccurate.

Italy has the biggest population of elderly people in Europe, with almost a quarter of people (22 per cent) aged 65 or older. And the median age – the middle of the age range – is 46.5 years old, according to the CIA – the fifth highest in the world.

For comparison, the UK’s median age is 40.6 (18 per cent aged over 65) and the US’s is 38.5 (17 per cent over 65).

The older someone is, the more deadly catching the coronavirus can be. Age is known to be one of the biggest risk factors because the immune system and lungs are naturally weaker so the body is less able to fend off pneumonia, which the virus causes in severe cases.

Research has found that people aged 80 or over have a 14.8 per cent risk (one in seven) of dying if they develop COVID-19, the disease caused by the coronavirus.

 Among the dead are five of Iran’s elite Revolutionary Guard members and an unspecified number of the Guard’s volunteer Basij force.

There are concerns that the number of infections across Iran is much higher than the confirmed cases reported by the government, which is struggling to contain or manage its spread.

The rising casualty figures each day in Iran suggest the fight against the new coronavirus is far from over.

It comes after a passenger was arrested for licking his hand and wiping it on a handrail on the Belgian subway, forcing the train to be taken off service and disinfected.

The unidentified man, who appears intoxicated, can be seen removing his mask before bringing his hand to his mouth and licking it.

He then brings his right hand up to the vertical rail and grips it, before rubbing it along the bar.

The Brussels Intercommunal Transport Company, the capital’s public transport provider, tweeted shortly after the event: ‘The man (intoxicated) was arrested by the police and our security service.

‘The subway train was withdrawn from service to be disinfected. Thank you for your message. Our metros are cleaned every day.’

The video, posted by a user who preferred to remain anonymous, was uploaded to Twitter on Saturday and social media users were outraged by the man’s behaviour.

Elsewhere in Europe, Poland today closed all schools, museums and cinemas, while Ukraine’s capital city Kiev will shut all educational buildings due to fears of coronavirus spreading despite both countries having lower rates of infection compared to the rest of Europe.

Speaking at a joint conference following a special meeting on coronavirus, Polish ministers said that pre-schools and schools would stop teaching on Thursday, but limited care would still be provided this week to the youngest children. Universities, museums, theaters and cinemas will also close on Thursday for two weeks, the officials said.

In the footage posted on the 9 March, the man can be seen cradling his can of beer on the Belgium subway system

In the footage posted on the 9 March, the man can be seen cradling his can of beer on the Belgium subway system

The man, who the Brussels public transport system said was intoxicated, can be seen pulling down his face mask

BUT DIDN’T THE WORLD HEALTH ORGANIZATION SAY IT WOULD NOT DECLARE OUTBREAKS A PANDEMIC?

The WHO drew flak for declaring the 2009 swine flu outbreak a pandemic, which turned out to be mild and less deadly than feared.

It used to use a six-phase system for outbreaks, with phase six being a full-blown pandemic. Critics said the WHO created panic about swine flu and caused governments to stockpile vaccines which went unused.

Some even questioned its links to the pharmaceutical industry, after firms such as GlaxoSmithKline profited from producing a H1N1 vaccine.

H1N1, which emerged in Mexico and the US, is thought to have killed up to 200,000 people in more than 200 countries.

WHO spokesperson Tarik Jasarevic told MailOnline that the body no longer uses the six-tier phasing system but added its advice ‘remains the same’.

He said: ‘We continue working with countries to limit the spread of the virus while also preparing for the possibility of wider spread.’

The WHO eventually declared the coronavirus outbreak a public health emergency of international concern (PHEIC) on January 30.

The WHO rejected making the coronavirus outbreak a PHEIC before its eventual U-turn. It is only the sixth time the term has been used.

The designation, still in place, was aimed at helping countries with weaker health systems shore up their defenses, especially in Africa.

The move is also being carried out by Poland’s neighbour, Ukraine, in its capital city, Kiev.

Poland has confirmed 26 cases of coronavirus, but looking at how fast the virus spreads in some other European countries, the government decided to take the preventive action, officials said.

The Mayor of Kiev, Vitaly Klitschko, whose country has counted just one case, said he was introducing similar ‘preventive measures’.

The WHO earlier this month admitted the killer coronavirus outbreak sweeping the world won’t be officially declared a pandemic.

Instead, the UN-body said the crisis has already been a public health emergency of international concern – the highest warning level – for a month.

The WHO drew flak for declaring the 2009 swine flu outbreak a pandemic, which turned out to be mild and less deadly than feared.

It used to use a six-phase system for outbreaks, with phase six being a full-blown pandemic.

Critics said the WHO created panic about swine flu and caused governments to stockpile vaccines which went unused.

Some even questioned its links to the pharmaceutical industry, after firms such as GlaxoSmithKline profited from producing a H1N1 vaccine.

H1N1, which emerged in Mexico and the US, is thought to have killed up to 200,000 people in more than 200 countries.

The WHO eventually declared the coronavirus outbreak a public health emergency of international concern (PHEIC) on January 30.

The WHO rejected making the coronavirus outbreak a PHEIC before its eventual U-turn. It is only the sixth time the term has been used.

The designation, still in place, was aimed at helping countries with weaker health systems shore up their defenses, especially in Africa.

Polish Border Guard officers during a sanitary control on the Polish-Ukrainian railway border in Przemysl, southeastern Poland, yesterday

Health workers wear a protective masks and suits as they stands next to a temporary health facility before screening passengers on the A1 highway near the Polish-Czech border yesterday in Gorzyczki, Poland

Why are so many people dying from the coronavirus in Italy? Experts warn country’s population is older than average and say thousands of cases could have been missed because symptoms are so mild

Italy has the highest coronavirus death rate in the world with one in every 16 people who catch the disease there dying from it.

At least 10,149 people have now been diagnosed with the virus, making it the worst hit country outside of China, and 631 are confirmed to have died.

Its death rate is 6.22 per cent, according to the most recent data – the highest in the world.

In China the death rate is 3.91 per cent and scientists have suggested if that is higher than the true figure because many cases are likely to be going unreported.

The deadly impact in Italy has been put down to three possible factors – a huge population of old people, cases being concentrated in a small area, and a lag in testing meaning the number of total cases is inaccurate.

Only Wuhan and the Hubei province around it have more cases of the coronavirus than Lombardy, the worst hit area in Italy, which is putting immense pressure on local health systems.

Italy has the worst coronavirus death rate in the world, which experts put down to its elderly population and the possibility that a large number of cases are not being diagnosed

Milan's Duomo cathedral is pictured almost deserted today as Italy is in complete lockdown as it grapples with the worst coronavirus outbreak outside of China

A municipal worker is seen spraying disinfectant in Piazza San Marco in Venice today. Tourism has all but stopped in Italy and citizens are banned from travelling

A municipal worker is seen spraying disinfectant in Piazza San Marco in Venice today. Tourism has all but stopped in Italy and citizens are banned from travelling

Italy has become the unlikely epicenter of the world’s coronavirus crisis.

It yesterday recorded a massive 168 deaths in a single day and, on Monday, had at least 1,492 new infections confirmed.

Even in the peak of its own epidemic, China – with a population 22 times the size of Italy’s – never recorded more than 3,900 in a day.

Government complacency has been blamed for the speed at which the outbreak has gripped the country, but the age of its citizens may be what is causing the deaths.

Italy has the biggest population of elderly people in Europe, with almost a quarter of people (22 per cent) aged 65 or older.

And the median age – the middle of the age range – is 46.5 years old, according to the CIA – the fifth highest in the world.

For comparison, the UK’s median age is 40.6 (18 per cent aged over 65) and the US’s is 38.5 (17 per cent over 65).

The older someone is, the more deadly catching the coronavirus can be.

Age is known to be one of the biggest risk factors because the immune system and lungs are naturally weaker so the body is less able to fend off pneumonia, which the virus causes in severe cases.

Research has found that people aged 80 or over have a 14.8 per cent risk (one in seven) of dying if they develop COVID-19, the disease caused by the coronavirus.

The local president of Lombardy, Attilio Fontana, confirmed: ‘All the deaths we’ve had are either very old people or very sick people,’ the New York Times reported.

Figures from the World Health Organization and Chinese scientists reveal that as the age of the patient increases, the greater their risk of dying

People queue up outside a supermarket in Rome today. People have been urged to keep their distance from others and to avoid forming crowds

Top-tier football teams Juventus and Inter Milan are pictured playing a match behind closed doors earlier this week – the Serie A league has since been put on hold as the government battles the outbreak

A roadblock is shown at the Austrian border – Austria is now turning away Italian citizens who try to cross onto its soil without a certificate proving they're coronavirus-free

A roadblock is shown at the Austrian border – Austria is now turning away Italian citizens who try to cross onto its soil without a certificate proving they’re coronavirus-free

Victim’s brother furious at lack of support from Italian authorities

WHAT ARE THE RULES OF ITALY’S QUARANTINE?

THE SICK MUST STAY AT HOME

People who have tested positive for coronavirus must not leave their homes for any reason.

Anyone with a fever or respiratory symptoms is urged to stay at home and limit social contact, including with their doctor.

NO TRAVEL ACROSS ITALY

Travel is only allowed for ‘urgent, verifiable work situations and emergencies or health reasons’. Grocery shopping is considered a ‘necessity’ and still allowed.

To avoid work-related travel, public and private companies have been urged to put their staff on leave.

Flights, trains and public transport will continue but Prime Minister Giuseppe Conte says he wants as many people as possible to stay at home.

People who do want to travel will need to fill in a document explaining their reasons for doing so and carry it with them.

NO PUBLIC GATHERINGS

‘All forms of gatherings in public places or sites open to the public’ are banned, the decree says.

Cinemas, museums, theatres, pubs, dance schools, betting shops and discos are all closed. Weddings and funerals are banned. Schools and universities will remain shut until April 3.

Bars and restaurants were only allowed to open between 8am and 6pm, the decree said, and only if a distance of at least 3ft could be kept between customers.

Sporting events of all levels and disciplines were cancelled – stopping play in the Serie A football league. Fixtures in international competitions can go ahead but will be played behind closed doors.

Gyms, sports centres, swimming pools, spas and leisure centres must close.

SHOPS MUST KEEP 3FT DISTANCE

Shops can remain open but only if they can guarantee the 3ft safety distance for customers.

Big and mid-sized shopping centres have to close at the weekend. Food stores are allowed to remain open at all hours.

NO LEAVE FOR HEALTH WORKERS

Leave for health workers is cancelled. People accompanying their friends or relatives to emergency units are not allowed to stay with them in the waiting rooms without express permission.

ALL OF ITALY IS COVERED

The entire country, including the islands of Sicily and Sardinia, is covered by the decree – covering a total population of some 60million people.

As patient ages decline, so do their chances of dying.

Between 60 and 69 years old the death rate is around 3.6 per cent, while it is more like 1.3 per cent for those aged 50 to 59.

For people in their 40s this drops to 0.4 per cent, and it’s just 0.2 per cent for those in their 30s.

People who have other long-term health problems, such as diabetes, heart disease or cancer are also at a greater risk because they have weaker immune systems than usual.

Italians caught up in the country’s coronavirus outbreak may also be at particularly high risk because most of the cases are concentrated in a small area.

The northern regions of Lombardy and Veneto are the ones that have been hardest hit by the infection.

Lombardy is an area smaller than England with Milan as its only major city, but is host to more than 5,000 coronavirus cases, while the surrounding regions of Emilia-Romagna, Veneto and Piedmont contain the majority of the remainder.

This means Lombardy has more cases than any province of China outside of Hubei, of which Wuhan is the capital.

That region alone has more cases than Spain, France, Germany or the US do in total.

As a result local hospitals are under immense pressure, which means patients may not get the high quality care they need and the virus could be more likely to spread in overloaded hospitals.

Experts also say that the true number of cases is not being recorded in Italy because the infection is spreading so fast and people with mild illness may not be counted.

This means the death rate appears higher than it is because all the deaths will be counted – most patients will have been hospitalised and diagnosed before dying –but not all the infections.

Krys Johnson, a disease expert at Temple University in Philadelphia, admitted: ‘We probably don’t know how many people have actually become infected,’ according to Scientific American.

The situation is so bad in Italy partly because the Government stopped testing people in late January unless they had been to China.

Strict rules had been put in place to test anyone with the symptoms of coronavirus but, after the Government banned all flights from China – it was the first country to do so – the testing relaxed.

As a result, infected people are believed to have travelled into Italy from other countries.

The first confirmed patient is thought to have passed the virus on to at least five other people, including doctors and patients in the hospital he was taken to, before even being diagnosed.

Officials still don’t know how the man, a 38-year-old in Milan, was infected, and there are fears the virus circulated for weeks before he was discovered.

WHAT DO WE KNOW ABOUT THE CORONAVIRUS?

Someone who is infected with the coronavirus can spread it with just a simple cough or a sneeze, scientists say.

More than 4,500 people with the virus are now confirmed to have died and more than 125,000 have been infected. Here’s what we know so far:

What is the coronavirus?

A coronavirus is a type of virus which can cause illness in animals and people. Viruses break into cells inside their host and use them to reproduce itself and disrupt the body’s normal functions. Coronaviruses are named after the Latin word ‘corona’, which means crown, because they are encased by a spiked shell which resembles a royal crown.

The coronavirus from Wuhan is one which has never been seen before this outbreak. It has been named SARS-CoV-2 by the International Committee on Taxonomy of Viruses. The name stands for Severe Acute Respiratory Syndrome coronavirus 2.

Experts say the bug, which has killed around one in 50 patients since the outbreak began in December, is a ‘sister’ of the SARS illness which hit China in 2002, so has been named after it.

The disease that the virus causes has been named COVID-19, which stands for coronavirus disease 2019.

Dr Helena Maier, from the Pirbright Institute, said: ‘Coronaviruses are a family of viruses that infect a wide range of different species including humans, cattle, pigs, chickens, dogs, cats and wild animals.

‘Until this new coronavirus was identified, there were only six different coronaviruses known to infect humans. Four of these cause a mild common cold-type illness, but since 2002 there has been the emergence of two new coronaviruses that can infect humans and result in more severe disease (Severe acute respiratory syndrome (SARS) and Middle East respiratory syndrome (MERS) coronaviruses).

‘Coronaviruses are known to be able to occasionally jump from one species to another and that is what happened in the case of SARS, MERS and the new coronavirus. The animal origin of the new coronavirus is not yet known.’

The first human cases were publicly reported from the Chinese city of Wuhan, where approximately 11million people live, after medics first started publicly reporting infections on December 31.

By January 8, 59 suspected cases had been reported and seven people were in critical condition. Tests were developed for the new virus and recorded cases started to surge.

The first person died that week and, by January 16, two were dead and 41 cases were confirmed. The next day, scientists predicted that 1,700 people had become infected, possibly up to 7,000.

Just a week after that, there had been more than 800 confirmed cases and those same scientists estimated that some 4,000 – possibly 9,700 – were infected in Wuhan alone. By that point, 26 people had died.

By January 27, more than 2,800 people were confirmed to have been infected, 81 had died, and estimates of the total number of cases ranged from 100,000 to 350,000 in Wuhan alone.

By January 29, the number of deaths had risen to 132 and cases were in excess of 6,000.  

By February 5, there were more than 24,000 cases and 492 deaths.

By February 11, this had risen to more than 43,000 cases and 1,000 deaths. 

A change in the way cases are confirmed on February 13 – doctors decided to start using lung scans as a formal diagnosis, as well as laboratory tests – caused a spike in the number of cases, to more than 60,000 and to 1,369 deaths.

By February 25, around 80,000 people had been infected and some 2,700 had died. February 25 was the first day in the outbreak when fewer cases were diagnosed within China than in the rest of the world. 

Where does the virus come from?

According to scientists, the virus almost certainly came from bats. Coronaviruses in general tend to originate in animals – the similar SARS and MERS viruses are believed to have originated in civet cats and camels, respectively.

The first cases of COVID-19 came from people visiting or working in a live animal market in Wuhan, which has since been closed down for investigation.

Although the market is officially a seafood market, other dead and living animals were being sold there, including wolf cubs, salamanders, snakes, peacocks, porcupines and camel meat.

A study by the Wuhan Institute of Virology, published in February 2020 in the scientific journal Nature, found that the genetic make-up virus samples found in patients in China is 96 per cent identical to a coronavirus they found in bats.

However, there were not many bats at the market so scientists say it was likely there was an animal which acted as a middle-man, contracting it from a bat before then transmitting it to a human. It has not yet been confirmed what type of animal this was.

Dr Michael Skinner, a virologist at Imperial College London, was not involved with the research but said: ‘The discovery definitely places the origin of nCoV in bats in China.

‘We still do not know whether another species served as an intermediate host to amplify the virus, and possibly even to bring it to the market, nor what species that host might have been.’

So far the fatalities are quite low. Why are health experts so worried about it? 

Experts say the international community is concerned about the virus because so little is known about it and it appears to be spreading quickly.

It is similar to SARS, which infected 8,000 people and killed nearly 800 in an outbreak in Asia in 2003, in that it is a type of coronavirus which infects humans’ lungs. It is less deadly than SARS, however, which killed around one in 10 people, compared to approximately one in 50 for COVID-19.

Another reason for concern is that nobody has any immunity to the virus because they’ve never encountered it before. This means it may be able to cause more damage than viruses we come across often, like the flu or common cold.

Speaking at a briefing in January, Oxford University professor, Dr Peter Horby, said: ‘Novel viruses can spread much faster through the population than viruses which circulate all the time because we have no immunity to them.

‘Most seasonal flu viruses have a case fatality rate of less than one in 1,000 people. Here we’re talking about a virus where we don’t understand fully the severity spectrum but it’s possible the case fatality rate could be as high as two per cent.’

If the death rate is truly two per cent, that means two out of every 100 patients who get it will die.

‘My feeling is it’s lower,’ Dr Horby added. ‘We’re probably missing this iceberg of milder cases. But that’s the current circumstance we’re in.

‘Two per cent case fatality rate is comparable to the Spanish Flu pandemic in 1918 so it is a significant concern globally.’

How does the virus spread?

The illness can spread between people just through coughs and sneezes, making it an extremely contagious infection. And it may also spread even before someone has symptoms.

It is believed to travel in the saliva and even through water in the eyes, therefore close contact, kissing, and sharing cutlery or utensils are all risky. It can also live on surfaces, such as plastic and steel, for up to 72 hours, meaning people can catch it by touching contaminated surfaces.

Originally, people were thought to be catching it from a live animal market in Wuhan city. But cases soon began to emerge in people who had never been there, which forced medics to realise it was spreading from person to person.

What does the virus do to you? What are the symptoms?

Once someone has caught the COVID-19 virus it may take between two and 14 days, or even longer, for them to show any symptoms – but they may still be contagious during this time.

If and when they do become ill, typical signs include a runny nose, a cough, sore throat and a fever (high temperature). The vast majority of patients will recover from these without any issues, and many will need no medical help at all.

In a small group of patients, who seem mainly to be the elderly or those with long-term illnesses, it can lead to pneumonia. Pneumonia is an infection in which the insides of the lungs swell up and fill with fluid. It makes it increasingly difficult to breathe and, if left untreated, can be fatal and suffocate people.

Figures are showing that young children do not seem to be particularly badly affected by the virus, which they say is peculiar considering their susceptibility to flu, but it is not clear why.

What have genetic tests revealed about the virus?

Scientists in China have recorded the genetic sequences of around 19 strains of the virus and released them to experts working around the world.

This allows others to study them, develop tests and potentially look into treating the illness they cause.

Examinations have revealed the coronavirus did not change much – changing is known as mutating – much during the early stages of its spread.

However, the director-general of China’s Center for Disease Control and Prevention, Gao Fu, said the virus was mutating and adapting as it spread through people.

This means efforts to study the virus and to potentially control it may be made extra difficult because the virus might look different every time scientists analyse it.

More study may be able to reveal whether the virus first infected a small number of people then change and spread from them, or whether there were various versions of the virus coming from animals which have developed separately.

How dangerous is the virus?  

The virus has a death rate of around two per cent. This is a similar death rate to the Spanish Flu outbreak which, in 1918, went on to kill around 50million people.

Experts have been conflicted since the beginning of the outbreak about whether the true number of people who are infected is significantly higher than the official numbers of recorded cases. Some people are expected to have such mild symptoms that they never even realise they are ill unless they’re tested, so only the more serious cases get discovered, making the death toll seem higher than it really is.

However, an investigation into government surveillance in China said it had found no reason to believe this was true.

Dr Bruce Aylward, a World Health Organization official who went on a mission to China, said there was no evidence that figures were only showing the tip of the iceberg, and said recording appeared to be accurate, Stat News reported.

Can the virus be cured?

The COVID-19 virus cannot be cured and it is proving difficult to contain.

Antibiotics do not work against viruses, so they are out of the question. Antiviral drugs can work, but the process of understanding a virus then developing and producing drugs to treat it would take years and huge amounts of money.

No vaccine exists for the coronavirus yet and it’s not likely one will be developed in time to be of any use in this outbreak, for similar reasons to the above.

The National Institutes of Health in the US, and Baylor University in Waco, Texas, say they are working on a vaccine based on what they know about coronaviruses in general, using information from the SARS outbreak. But this may take a year or more to develop, according to Pharmaceutical Technology.

Currently, governments and health authorities are working to contain the virus and to care for patients who are sick and stop them infecting other people.

People who catch the illness are being quarantined in hospitals, where their symptoms can be treated and they will be away from the uninfected public.

And airports around the world are putting in place screening measures such as having doctors on-site, taking people’s temperatures to check for fevers and using thermal screening to spot those who might be ill (infection causes a raised temperature).

However, it can take weeks for symptoms to appear, so there is only a small likelihood that patients will be spotted up in an airport.

Is this outbreak an epidemic or a pandemic?

The outbreak was declared a pandemic on March 11. A pandemic is defined by the World Health Organization as the ‘worldwide spread of a new disease’.

Previously, the UN agency said most cases outside of Hubei had been ‘spillover’ from the epicentre, so the disease wasn’t actually spreading actively around the world.

https://www.dailymail.co.uk/health/article-8101003/World-Health-Organization-says-coronavirus-classed-pandemic.html

Story 3: Dr. Fauci: We’re going to get a lot more infections — Videos —

Dr. Fauci: We’re going to get a lot more infections

Ingraham: Contain the virus but protect our freedom

 

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The Pronk Pops Show 1410 March 10, 2020, Story 1: The Choice is Yours — The Time is Now — Permanent Fundamental Tax Reform With Broad Based Consumption Tax With Tax Prebate (FairTax or Fair Tax Less) Replacing All Federal Taxes Is What Is Needed Now — Be Bold President Trump —  Videos — – Story 2: Oil Prices Falling with Russia and Saudi Arabia in Price and Market Share War — Consolidation in U.S. Shale Oil Industry Long Over Due — Videos — Story 3: Stock Market Prices Bounce Back Up in Market Rally — Videos — Story 4: Airlines Blame Big Lie Media Mob For Pushing Pandemic Panic — Videos —

Posted on March 11, 2020. Filed under: 2020 Democrat Candidates, 2020 President Candidates, 2020 Republican Candidates, American History, Banking System, Bernie Sanders, Blogroll, Breaking News, Budgetary Policy, Cartoons, Communications, Congress, Corruption, Countries, Crime, Culture, CZOVID-19 or Novel Coronavirus, Deep State, Defense Spending, Disasters, Diseases, Donald J. Trump, Donald J. Trump, Donald J. Trump, Donald Trump, Ebola, Economics, Education, Elections, Empires, Employment, Fiscal Policy, Flu, Freedom of Speech, Government, Government Dependency, Government Spending, Health, Health Care Insurance, History, House of Representatives, Housing, Human, Human Behavior, Illegal Immigration, Immigration, Independence, Labor Economics, Language, Law, Legal Immigration, Life, Lying, Media, Medicare, Medicine, Mental Illness, Mike Pence, Military Spending, Monetary Policy, News, Novel Coronavirus or COVID-19, People, Philosophy, Photos, Politics, Polls, Progressives, Public Corruption, Public Relations, Radio, Raymond Thomas Pronk, Resources, Scandals, Security, Senate, Social Security, Spying, Spying on American People, Success, Surveillance/Spying, Tax Policy, Taxation, Taxes, Terror, Terrorism, Trade Policy, Trump Surveillance/Spying, Unemployment, United States Constitution, United States of America, Videos, War, Wealth, Weapons, Welfare Spending, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

 

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Story 1: The Choice is Yours — The Time is Now — Permanent Fundamental Tax Reform With Broad Based Consumption Tax With Tax Prebate (FairTax or Fair Tax Less) Replacing All Federal Taxes Is What Is Needed Now — Be Bold President Trump —  Videos — 

 

See the source image

See the source image

See the source image

FairTax: Fire Up Our Economic Engine (Official HD)

FAIRtax-What is It? Replaces income tax and payroll tax with sales tax

Freedom from the IRS! – FairTax Explained in Detail

The Case for the Fair Tax

The FAIRtax and the Coronavirus

Pence on the Fair Tax

White House pushes economic stimulus

Mike Huckabee: The fair tax is a superior alternative

Neal Boortz FAIRtax vs Republican Tax Plan

Congress wants coronavirus stimulus plan to include paid sick leave

Coronavirus fears trigger shutdowns and market decline

Trump looking at stimulus package’ amid ‘difficult time in markets’

Trump: Economic stimulus package ‘coming soon’

 

Storoy 2: Oil Prices Falling with Russia and Saudi Arabia in Price and Market Share War — Consolidation in U.S. Shale Oil Industry Long Over Due –Videos —

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Oil rebounds after worst day since first Gulf War

What impact Saudi Arabia’s oil price war could have on the energy sector

What it would take to stop Saudi Arabia’s oil production ramp up

Saudi Arabia Steps Up Oil Price War With Russia

Oil price war second effect of coronavirus: Goldman Sachs’ Jeff Currie

Dan Yergin on CNBC as U.S. crude crashes 33% | Capital Connection

Story 3: Stock Market Prices Bounce Back Up in Market Rally — Videos —

Markets manage to rally on seesaw day

Retail investors should stay on the sidelines for now: Allianz chief economic advisor

Jim Cramer: I’m more comfortable buying stocks after Donald Trump floated virus stimulus

 

‘Nothing is shut down, life & the economy go on’: Trump claims the oil price war behind markets crash is ‘GOOD for the consumer’ because gas prices are coming down and blames fake coronavirus news for historic drop

  • Donald Trump continues to downplay the threat of coronavirus, claiming the media and Democratic Party is trying to ‘inflame’ the situation in the U.S. 
  • ‘The Fake News Media and their partner, the Democrat Party, is doing everything … to inflame the CoronaVirus situation,’ the president tweeted Monday
  • He also insisted that the massive market drop Monday morning is actually ‘good for the consumer’ because prices are lower for gasoline
  • His claim comes as the death toll in the U.S. reached 26 Monday
  • Global and the U.S. stock markets also continue to plummet over the fast-spreading virus and concerns over Saudi Arabia launching a price war on oil
  • Trump, the first to tout market gains under his administration, has not address the market impact of coronavirus
  • The Dow dropped nearly 7 per cent on Monday 

Donald Trump claimed the oil price crash which led to the plunging stock market was ‘good’ for consumers because it is based on cheaper gas Monday as Wall Street faced a fall so dramatic trading was briefly halted.

‘Good for the consumer, gasoline prices coming down!’ Trump tweeted Monday, one of a string of tweets accusing the ‘fake news’ of prompting the sell-off.

He accused the media of ‘inflaming’ the virus outbreak and dismissed the collapse in oil prices as the result of Saudi Arabia and Russia ‘arguing.’

As the Dow Jones lost a year’s gains, he was shuttling across Florida from Mar-a-Lago to a $100,000-a-head fundraiser – and tweeting that flu was worse than coronavirus.

‘Saudi Arabia and Russia are arguing over the price and flow of oil,’ Trump continued in another tweet Monday morning. ‘That, and the Fake News, is the reason for the market drop!’

Markets all over the world plummeted Monday over the growing threat of the virus spreading, but Trump has not addressed the economic impact as the coronavirus death toll bypassed 20 in the U.S.

Global markets opened with big losses Monday morning as the economy saw its worst day in more than 10 years.

Trump continued to downplay the threat, citing that more people died from the flu last year, and insisting life and the economy will ‘go on’ even over the escalation in coronavirus outbreak.

‘So last year 37,000 Americans died from the common Flu. It averages between 27,000 and 70,000 per year,’ Trump cited in a tweet.

‘Nothing is shut down, life & the economy go on,’ he insisted. ‘At this moment there are 546 confirmed cases of CoronaVirus, with 22 deaths. Think about that!’

The president has repeatedly expressed incredulity at the number of flu deaths, and the idea that people die of it. In 1918, his grandfather Freidrich died of Spanish flu.

Trump claims that media outlets are working with Democrats to make the coronavirus outbreak seem worse than it is.

Donald Trump claimed Monday morning that the market drop is 'good for the consumer' because gasoline prices are coming down

Donald Trump claimed Monday morning that the market drop is ‘good for the consumer’ because gasoline prices are coming down

The Dow Jones saw its worst single-day drop since 2008 as Saudi Arabia goes into a price war over oil and concerns over coronavirus spreading continues to rock, but Trump said the 'fake news' is the reason for the plummet

The Dow Jones saw its worst single-day drop since 2008 as Saudi Arabia goes into a price war over oil and concerns over coronavirus spreading continues to rock, but Trump said the ‘fake news’ is the reason for the plummet

During his trip to attend a fundraiser in Orlando,  Trump shook hands with supporters gathered to greet him

During his trip to attend a fundraiser in Orlando,  Trump shook hands with supporters gathered to greet him

The president insisted while tweeting from Florida Monday that 'life & the economy [will] go on' as markets plunged and coronavirus concerns spread

The president insisted while tweeting from Florida Monday that ‘life & the economy [will] go on’ as markets plunged and coronavirus concerns spread

In continuing to downplay the threat of coronavirus, he claimed the media and Democratic Party are trying to 'inflame' the situation in the U.S.

Instead, he took to Twitter to laud himself and his administration for the response to the outbreak

Instead, he took to Twitter to laud himself and his administration for the response to the outbreak

Trump also praised himself for making the decision to halt travel from high-risk countries as the fast-spreading respiratory virus rose as a worldwide threat

Trump also praised himself for making the decision to halt travel from high-risk countries as the fast-spreading respiratory virus rose as a worldwide threat

‘The Fake News Media and their partner, the Democrat Party, is doing everything within its semi-considerable power (it used to be greater!) to inflame the CoronaVirus situation, far beyond what the facts would warrant,’ the president tweeted Monday morning.

‘Surgeon General, ‘The risk is low to the average American,” he continued, quoting U.S. Surgeon General Jerome Adams.

‘So much FAKE NEWS!’ he lamented in a separate tweet Monday morning.

Trump’s claims comes as the death toll in the U.S. reached 26 on Monday afternoon and cases continued to spread to new areas of the country, including the first confirmed case in Washington, D.C.

Kansas and Missouri also announced their first cases over the weekend as the cases number now exceeds 600.

The most U.S. deaths occurred in Washington state after the virus spread among residents at a nursing facility in a suburb of Seattle.

But Trump insists the threat is less serious than is being portrayed by media reports and Democratic lawmakers.

He then praised himself in another tweet Monday morning for banning travel from high-risk countries early on in the outbreak.

‘The BEST decision made was the toughest of them all – which saved many lives,’ Trump lauded of his administration. ‘Our VERY early decision to stop travel to and from certain parts of the world!’

Trump stopped travel from certain countries to the U.S., including from China and Iran – and Americans have been warned of traveling to other high-risk countries like Italy and South Korea.

The president is usually the first to address stock market gains under his administration, but since coronavirus has caused markets to fall, he has remained largely silent on the matter.

Earlier this month, the U.S. saw its worst week since the 2008 financial crisis and on Monday markets plunged nearly 7 per cent.

Markets in Asia, Europe and the Middle East also opened sharply lower on Monday as investors came to grips with the global spread of coronavirus.

Trump also praised Vice President Mike Pence, who he appointed last month to lead the charge by the coronavirus task force on addressing the outbreak and halting the spread

Trump also praised Vice President Mike Pence, who he appointed last month to lead the charge by the coronavirus task force on addressing the outbreak and halting the spread

Economic experts claimed Monday morning that investors are waking up ‘shell shocked,’ as oil markets crashed.

The global market plunged, causing the worst one-day crash in crude oil prices in 30 years, after Saudi Arabia launched a price war.

On Friday Russia refused to follow OPEC’s efforts to stop market plummets caused by the escalation of the coronavirus outbreak.

In early trading, BP was down by 18 percent, Royal Dutch Shell was down 14 percent and ExxonMovil was down 11 percent.

Ordinarily, a slump in oil prices offers a boost for airlines because their fuel costs are low.

But with the ever-shrinking demand for flights due to the virus, they have been left unable to capitalize.

The coronavirus crisis, which has now infected more than 110,000 people globally, has crippled supply chains and prompted cuts to global growth forecasts for 2020.

Downtrodden brokers on the floor of the New York Stock Exchange on Monday morning before the market opened

Downtrodden brokers on the floor of the New York Stock Exchange on Monday morning before the market opened

Gregory Rowe, a trader, look forlorn as he waits for the markets to open

There are now more than 500 cases of the virus in the US alone

There are now more than 500 cases of the virus in the US alone

There is no sign that the spread is close to slowing down, either.

Traders are now expecting the Federal Reserve to again cut interest rates next week after an emergency reduction on March 3, putting the yield on benchmark 10-year U.S. Treasury on course for its biggest one-day fall in almost a decade.

Shares of rate-sensitive U.S. banks Citigroup Inc, Bank of America Corp, JPMorgan Chase & Co, Goldman Sachs, Wells Fargo & Co and Morgan Stanley slid between 7.4 percent and 9.6 percent.

Marathon Oil Corp, Devon Energy Corp, Apache Corp, Pioneer Natural Resources Co slipped between 22 percent and 28 percent and were some of the biggest losers among S&P 500 components.

At 7:12 a.m. ET, Dow e-minis were down 1,255 points, or 4.87 per cent. S&P 500 e-minis were down 145 points, or 4.89 percent and Nasdaq 100 e-minis were down 410 points, or 4.82 percent.

Much of the chaos has been sparked by the failure of a deal between  OPEC Saudi Arabia and non-OPEC leader Russia.

Generally, the world’s largest oil producers agree on production rates and cuts in order to stabilize the industry.

With coronavirus slowing demand for supply, they met last week with Russia, which is not part of OPEC but is a large oil producer, to discuss cutting production.

Russia refused, setting in motion a chain of events described by analysts as a ‘worst case scenario’ that could descend into an all-out price war.

Last month, Trump appointed Vice President Mike Pence to head the task force addressing the coronavirus crisis.

‘Great job being done by the @VP and the CoronaVirus Task Force. Thank you!’ Trump tweeted Monday.

Coronavirus has infected more than 108,000 people worldwide and is throwing many countries’ economies into turmoil.

The number of confirmed cases in New York rose by 13 over the weekend, nearing the state total to 90.

New York governor Andrew Cuomo issued a declaration of emergency in the state.

But Trump claimed late Sunday night that the messaging from Cuomo is ‘political weaponization’ of the coronavirus.

‘There are no mixed messages, only political weaponization by people like you and your brother, Fredo!’ Trump insisted in his tweet, making reference to Cuomo’s brother, CNN anchor Chris Cuomo.

Graphic shows spread of Coronavirus as world cases top 110,000

HOW SAUDI ARABIA IS TRYING TO CRIPPLE RUSSIAN OIL

Saudi Arabia slashed its oil export prices over the weekend and declared a price war with Russia that sent global markets reeling and marked the sharpest decline in oil futures since 1991.

The price drop came after Russia refused to sign on with a proposal by the Organization of the Petroleum Exporting Countries (OPEC) to cut production globally as the coronavirus outbreak has slowed the demand for oil.

OPEC nations met with allies like Russia on Thursday and Friday in Vienna to reduce oil production by an additional 1.5million barrels per day to stabilize the market starting in April through the end of the year.

But Russia refused to join to agreement.

From Russia’s perspective cutting production would boost US oil producers at the expense of international competitors and lead to a loss in profits.

On Saturday, after the group failed to come to a consensus, Saudi Arabia – which runs the world’s large oil company Saudi Aramco – slashed its export oil prices to saturate the market and trigger a price war aimed at Russia.

Crown Prince Mohammed bin Salman

Russian president Vladimir Putin

 

An oil price war triggered by a falling out between Saudi Arabia and Russia is exasperating the economic chaos. Crown Prince Mohammed bin Salman (left) and Russian president Vladimir Putin (right)

Saudi Arabia slashed crude prices to Chinese customers by as much as $6 to $7 a barrel and is looking to boost output by as many as 2million barrels a day.

China is the world’s biggest oil importer and has purchased oil at cheap prices to stockpile for future use in the past.

As a result the Brent global oil benchmark fell dramatically on Sunday by 30 percent, dropping to $31.02 a barrel at its lowest.

US West Texas Intermediate crude, the other main price benchmark for oil, dropped 27% to $30 per barrel – the lowest level since February 2016.

Sunday’s decline in the oil market was the sharpest slump in 29 years since the Gulf War in 1991.

Global stock markets took hits on Sunday with the Tokyo stock market index plunging 6.2 percent, Hong Kong 3.9 percent, Sydney 6.1 percent, and Riyadh eight percent.

The failed talks marked the first break in a three-year alliance between Saudi Arabia led by Crown Prince Mohammed bin Salman and Russia’s President Vladimir Putin.

The alliance was key to competing with a surge in American oil production that turned the US into a major crude exporter for the first time in decades.

In response to the price cut Russia said its companies were free to pump as much as they could, as per Bloomberg.

‘If you are Russia, it’s worth it for you to take a three-month price hit to see if you can knock out U.S. oil exports,’ Amy Myers Jaffe, an oil and Middle East expert at the Council on Foreign Relations, said to the New York Times. ‘They might be correct for three months but the shale never gets destroyed.’

Jaffe said the disagreement between the two nations ‘signals that the relationship between Saudi Arabia and Russia is on the skids.’

Analysts speculate the actions over the weekend may have been a game between Saudi Arabia and Russia that will end when they come to a compromise.

If not, oil prices could tumble to the lowest level in five years

Story 4: Airlines Blame Big Lie Media Mob For Pushing Pandemic Panic — Videos

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Travel slump worsens as airlines try to blame media

Health officials have warned, though, that it may not be safe for everyone to fly everywhere.

JFK Airport

In a statement Tuesday morning, the trade group Airlines for America said that “false media narratives … have led to confusion and uncertainty across the country,” and argued that it’s safe to fly, saying “numerous health officials have affirmed that the risk remains low for travelers who follow CDC guidelines.”

Sen. Maria Cantwell, the top Democrat on the committee that oversees aviation, said she didn’t fly home to Washington state last weekend and doesn’t plan to in the foreseeable future.

“I have an 88-year-old mom who’s living at my house [in Washington] and she’s been ill, and I want to give her the comfort of being there. When you have elderly people you want to make sure you’re not putting them at additional risk,” she said. “And look, do I think that there can be airline travel that is safe? Yes. But if you don’t have to…”

Sen. Richard Shelby (R-Ala.), 85, noted that the doctor said “stay off of those planes as much as we can.”

“If any of you is going to Alabama Thursday night, can I get a ride?” Shelby quipped to reporters gathered around him Tuesday. “I’ll ride in the back of the truck.”

Also Tuesday, a coalition of mostly travel interests spearheaded by the U.S. Travel Association made a similar plea, noting that canceling travel and events “has a trickle-down effect that threatens to harm the U.S. economy, from locally owned hotels, restaurants, travel advisors and tour operators to the service and frontline employees who make up the backbone of the travel industry and the American economy.”

The groups’ plea comes amid fresh warnings and widespread fear around the disease, along with new figures suggesting a worsening financial situation for the airline industry.

Yesterday, the credit rating agency Moody’s downgraded the industry’s outlook from stable to negative, warning that there is an “increasing risk to demand for passenger air travel as the coronavirus expands globally.”

And today, the Global Business Travel Association reported that business travel is “slowing at an alarming rate,” finding that 13 percent of its members have canceled even domestic travel, along with high rates of canceled international business travel.

“Those are the customers that are the most profitable for airlines,” said airline analyst Henry Harteveldt.

Though airlines have yet to publicly ask for assistance from the government, the potential for some kind of stimulus has been a topic of discussion on and off Capitol Hill for days, and President Donald Trump has indicated that he favors some assistance for airlines and the cruise industry.

On Tuesday, Trump, along with Treasury Secretary Steven Mnuchin and National Economic Council Director Larry Kudlow, met with Senate Republicans at their weekly lunch to discuss potential stimulus ideas on a range of topics.

Several Republican senators said that support for the airline and cruise industries was discussed generally, but that few specifics were given.

Sen. Roger Wicker (R-Miss.) chairman of the Senate Commerce Committee, said that he had not been approached by either industry asking for aid.

Despite the fresh bad news, there is still a high level of uncertainty in the outlook for airlines and the travel industry broadly. “At this point, you cant really do forecasting because we’ve never really been in a situation quite like this before,” said Harteveldt.

And it remains true that overall, the industry is in much better shape than it was after 9/11 and in 2008, when airlines were hit hard by the recession, said Bob Mann, another airline industry analyst.

“The industry structure and company’s balance sheets individually are in far better shape,” he said. “Even the worst balance sheets are better than the average balance sheets in 2008 and 2001.”

Airlines have been taking steps to reduce their capacity, which Mann called “prudent.”

American Airlines is the latest to make that call, announcing this morning it would cut summer international flights by 10 percent and domestic flights by 7.5 percent. Delta Air Lines also said Tuesday that it is cutting international flights by 20 percent to 25 percent and domestic flights by 10 percent to 15 percent.

https://www.politico.com/news/2020/03/10/airlines-travel-slump-coronavirus-125016

Story 5: President Trump Awards Presidential Medal of Freedom to General Jack Keane —

Trump awards Gen. Jack Keane with Presidential Medal of Freedom

Jack Keane

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Jack Keane
Jack Keane.jpg

General Jack Keane in 1999
Born February 1, 1943 (age 77)
New York CityNew York, U.S.
Allegiance  United States
Service/branch  United States Army
Years of service 1966–2003
Rank General
Commands held XVIII Airborne Corps
101st Airborne Division
1st Brigade, 10th Mountain Division
Battles/wars Vietnam War
Awards Presidential Medal of Freedom
Defense Distinguished Service Medal (2)
Army Distinguished Service Medal (2)
Silver Star
Legion of Merit (5)
Bronze Star

John M. “Jack” Keane (born February 1, 1943) is a retired American four-star general, former Vice Chief of Staff of the United States Army and Presidential Medal of Freedom recipient. He is a noted national security analyst, primarily on Fox News, and serves as chairman of the Institute for the Study of War and as chairman of AM General.

Personal life

Keane was born in 1943 in Manhattan, New York,[1][2] the son of Elizabeth (Davis) and John Keane. He has a brother, Ronald. Keane married Theresa Doyle in 1965 and has two sons.[3] His wife died in 2016 after having Parkinson’s disease for 14 years.[4]

Education

Keane attended Fordham University, where he participated in The National Society of Pershing Rifles, graduating with a bachelor’s degree in accounting in 1966. He then attended Western Kentucky University, graduating with a master’s degree in philosophy. He later attended the Command and General Staff College and the Army War College.[3]

Career

Military service

Keane (left) meeting with an army colonel

Keane served in the Vietnam War as a paratrooper.[5] He later served in U.S. engagements in SomaliaHaitiBosnia and Kosovo. His commands include the 1st Brigade, 10th Mountain Division101st Airborne Division and the XVIII Airborne Corps.[3]

In 1991 Keane saved the life of David Petraeus during a live-fire exercise. According to Keane, Petraeus was shot “accidentally, standing right next to me, and I had to fight to save his life. He had a hole about the size of a quarter in his back and is gushing with blood, and we stopped the bleeding and got him on a helicopter and got him to a surgeon and so we were sort of bonded ever since that time.”[6]

Keane retired from military service in 2003.

Post military service

Following his retirement, he has served as an informal advisor to presidents and other senior officials. He served an advisory role in the management of the U.S. occupation of Iraq, as a member of the Defense Policy Board Advisory Committee. In January 2007, Keane and scholar Frederick W. Kagan released a policy paper titled “Choosing Victory: A Plan for Success in Iraq,”[7] through the American Enterprise Institute that called for bringing security by putting 30,000 additional American troops there for a period of at least 18 months. In part convinced by this paper, President George W. Bush ordered on January 10, 2007, the deployment of 21,500 additional troops to Iraq, most of whom would be deployed to Baghdad. This deployment has been nicknamed the 2007 “surge“.[8][9]

Of his initial meeting with President Bush regarding the surge, Keane said he made a phone call to Newt Gingrich to ask his advice prior to the meeting. As Keane said in 2014,

Gingrich gave me some good advice. He said, “Look, Jack. Most people go in the Oval Office, even people who go in there a lot, have a tendency in front of the President of the United States to always leave something on the table.” He said, “Don’t leave anything on the table.” He said, “You’re going to get about 15 minutes at best and put it all out there. And when you walk out of that room, feel good that you got it all out there.” So that was sound advice, and I did put it all out there.[10]

Keane was asked by then-Vice President Cheney to go back on active duty and lead the surge in the field. When Keane declined, Cheney pressed him to come work in the White House and oversee both the wars in Afghanistan and Iraq; Keane again declined. Keane ended up briefly working at the White House and then later traveled to Iraq several times to advise General Petraeus.[11]

Current activities

Keane is a regular contributor to Fox News, and is involved in a variety of business, think tank and charitable activities. He serves as chairman of AM General, the firm that produces the Humvee.[12][13]. In June 2016, Keane co-founded IP3 International (IP3), a nuclear energy consulting firm.

Keane is an advisor to the Spirit of America, a 501(c)(3) organization that supports the safety and success of Americans serving abroad and the local people and partners they seek to help.[14] He formerly served as a strategic advisor for Academi and is a former director of defense giant General Dynamics.

Shortly after Stanley A. McChrystal declined the Secretary of Defense job, Vice-President Elect Pence heard the emotional reasons for the newly widowed general’s decline of the same job. After the departure of General Mattis, the President offered the job again to the subject, but he declined because he was newly remarried.[15] He is considered an influential voice to leaders from both major political parties, including President Trump, particularly on foreign policy issues related to the Middle East.[16]

IP3

Keane is a cofounder and director of IP3 International.[17] According to a staff report to the chairman of the House Oversight Committee, during the 2016 U.S. presidential campaign of Donald Trump, and subsequently, Trump aides such as Jared Kushner and others have been engaged in promoting IP3’s plan to transfer nuclear technology from the U.S. to Saudi Arabia. According to the report, IP3 founders and others have been seeking to broker a deal with Riyadh without the “gold standard,” a provision — tied to section 123 of the 1954 Atomic Energy Act which establishes conditions for nuclear cooperation between the U.S. and its allies — that seeks to limit weaponizing of nuclear energy.[18][19] In July 2019, the committee chairman released a second staff report that detailed various activities and contacts between IP3 and the Trump administration.[18] [20]

Awards and decorations

Military awards Keane has received include two Defense Distinguished Service Medals, two Army Distinguished Service Medals, the Silver Star, five Legion of Merits, the Bronze Star Medal, three Meritorious Service Medals, one Army Commendation Medal, the Joint Chiefs Service Badge, the Humanitarian Service Medal,[3] Ranger TabCombat Infantryman BadgeMaster Parachutist Badge, and Air Assault Badge. President Donald Trump has announced that Keane is set to receive the Presidential Medal of Freedom on the second week of March 2020.[21]

His civilian awards include the Fordham University Distinguished Alumni Award, the USO 2002 Man of the Year award, and the Association of the United States Army 2001 Man of the Year award.

Combat Infantry Badge.svg
Bronze oak leaf cluster

Bronze oak leaf cluster

Bronze oak leaf cluster
Bronze oak leaf cluster
Bronze oak leaf cluster
Bronze oak leaf cluster

Bronze oak leaf cluster
Bronze oak leaf cluster

Bronze star
Bronze star

Bronze star
Bronze star

Ranger Tab.svg US Army Airborne master parachutist badge.gif AirAssault.svg
Joint Chiefs of Staff seal.svg United States Army Staff Identification Badge.png 502 Parachute Infantry Regiment DUI.PNG

References

  1. ^ Matthew Kaminski, Wall Street Journal“Why the Surge Worked”, September 20, 2008
  2. ^ http://www.defense.gov/Releases/Release.aspx?ReleaseID=731
  3. Jump up to:a b c d “General Jack Keane (bio)”Principles of War Seminar SeriesJohns Hopkins University Applied Physics Laboratory. Archived from the original on March 4, 2007. Retrieved January 22, 2007.
  4. ^ “Army Gen. Jack Keane declines Trump’s secretary of defense offer”.
  5. ^ Fred KaplanThe Insurgents: David Petraeus and the Plot to Change the American Way of WarSimon & Schuster, 2013, p. 225.
  6. ^ Keane, Jack. “Jack Keane”Conversations with Bill Kristol. Retrieved October 1, 2014.
  7. ^ Kagan, Frederick W. (January 5, 2007). “Choosing Victory: A Plan for Success in Iraq: Phase I Report”American Enterprise Institute for Public Policy Research. Archived from the original on January 17, 2007. Retrieved 2017-04-17.
  8. ^ Kerley, David (January 9, 2007). “The Architect of Bush’s New Iraq Strategy”ABC NewsArchived from the original on August 25, 2007. Retrieved January 16, 2007.
  9. ^ Hastings, Hirsh, and Wolffe (January 8, 2007). Surge’ Strategy”Newsweek National NewsMSNBC. p. 2. Archived from the original on January 14, 2007. Retrieved January 16,2007.
  10. ^ http://conversationswithbillkristol.org/video/jack-keane/
  11. ^ “GEN. JACK KEANE TRANSCRIPT”Conversations with Bill Kristol. The Foundation for Constitutional Government. 29 July 2014. Retrieved 6 June 2018.
  12. ^ “From the Pentagon to the private sector: In large numbers, and with few rules, retiring generals are taking lucrative defense-firm jobs”Boston.com, December 26, 2010
  13. ^ [1]AM General, October 26, 2016
  14. ^ https://spiritofamerica.org/staff/general-retired-jack-keane
  15. ^ Bergen, Peter. (2019). Trump and his generals: the cost of chaos. New York:Penguin Press. ISBN 978055522416. p. 49, p. 251
  16. ^ Johnson, Eliana (July 2, 2019). “The Fox News general who ‘spooked’ Trump out of attacking Iran: President Donald Trump may have tired of the men he once called ‘my generals,’ but one retired military leader still has his ear on key foreign policy matters”. Politico.
  17. ^ “Our Team”IP3 Int’l. Archived from the original on 2019-02-19. Retrieved 22 February 2019.
  18. Jump up to:a b “Corporate and Foreign Interests Behind White House Push to Transfer U.S. Nuclear Technology to Saudi Arabia Prepared for Chairman Elijah E. Cummings Second Interim Staff Report Committee on Oversight and Reform U.S. House of Representatives July 2019” (PDF)oversight.house.gov. Retrieved 29 July 2019.
  19. ^ Arms Control Association fact sheet, retrieved August 27, 2019
  20. ^ “Appendix A – Documents” (PDF)oversight.house.gov. Retrieved 29 July 2019.
  21. ^ “Donald J. Trump”http://www.facebook.com. Retrieved 2020-03-05.

External links

Military offices
Preceded by
Eric Shinseki
Vice Chief of Staff of the United States Army
1999–2003
Succeeded by
George Casey

https://en.wikipedia.org/wiki/Jack_Keane

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The Pronk Pops Show 1409, March 9, 2020, Pronk Pops Show 1368 December 4, 2019  Story 1: President Trump and Cornavirus Task Force Addresses The American People — Senior Citizens Over Age 60 With Serious Underlining Existing Medical Conditions Including High Blood Pressure, Heart Disease, Cancer, Diabetes Are At Higher Risk For COVID -19 — Overall Risk Is Still Low For All Others — Videos — Story 2: Progressive Pandemic Propaganda Panic Pushers — High Blood Pressure Is A Risk Factor Along With Heart Disease, Cancer, Diabetes — Videos — Story 3: People of Italy Go Into Quarantine — Videos — Story 4: Stock Market Crashes With Biggest One Day Loss Ever — Nearing 20% Drop Ending Bull Market — Economy Keeps  Growing Despite Progressive Pandemic Propaganda People Panic — Betrayed By Big Government Parties and Big Lie Media Mob — American People Outraged — Videos — Story 5: Hillary Clinton Wants to Be Vice-President To Replace Biden When He Goes Full Dementia — One Problem — President Trump Wins Second Term With Landslide Victory — Videos

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Story 1: President Trump and Coronavirus Task Force Addresses The American People — Senior Citizens Over Age 60 With Serious Underlining Existing Medical Conditions Including High Blood Pressure, Heart Disease, Cancer, Decreased White Cells, Diabetes Are At Higher Risk For COVID -19– Overall Risk Is Still Low For All Others — Videos

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WATCH LIVE: President Trump and coronavirus task force hold briefing as outbreak widens – 3/9/2020

 

Coronavirus Disease 2019 (COVID-19)

People at Risk for Serious Illness from COVID-19

If you are at higher risk of getting very sick from COVID-19, you should:

  • Stock up on supplies.
  • Take everyday precautions to keep space between yourself and others.
  • When you go out in public, keep away from others who are sick, limit close contact and wash your hands often.
  • Avoid crowds as much as possible.
  • Avoid cruise travel and non-essential air travel.
  • During a COVID-19 outbreak in your community, stay home as much as possible to further reduce your risk of being exposed.

Early information out of China, where COVID-19 first started, shows that some people are at higher risk of getting very sick from this illness. This includes:

  • Older adults
  • People who have serious chronic medical conditions like:
    • Heart disease
    • Diabetes
    • Lung disease

If a COVID-19 outbreak happens in your community, it could last for a long time. (An outbreak is when a large number of people suddenly get sick.) Depending on how severe the outbreak is, public health officials may recommend community actions to reduce people’s risk of being exposed to COVID-19. These actions can slow the spread and reduce the impact of disease.

If you are at higher risk for serious illness from COVID-19 because of your age or because you have a serious long-term health problem, it is extra important for you to take actions to reduce your risk of getting sick with the disease.

Get Ready for COVID-19 Now
  • Have supplies on hand
    • Contact your healthcare provider to ask about obtaining extra necessary medications to have on hand in case there is an outbreak of COVID-19 in your community and you need to stay home for a prolonged period of time.
    • If you cannot get extra medications, consider using mail-order for medications.
    • Be sure you have over-the-counter medicines and medical supplies (tissues, etc.) to treat fever and other symptoms. Most people will be able to recover from COVID-19 at home.
    • Have enough household items and groceries on hand so that you will be prepared to stay at home for a period of time.
  • Take everyday precautions
    • Avoid close contact with people who are sick
    • Take everyday preventive actions
      • Clean your hands often
      • Wash your hands often with soap and water for at least 20 seconds, especially after blowing your nose, coughing, or sneezing, or having been in a public place.
      • If soap and water are not available, use a hand sanitizer that contains at least 60% alcohol.
      • To the extent possible, avoid touching high-touch surfaces in public places – elevator buttons, door handles, handrails, handshaking with people, etc. Use a tissue or your sleeve to cover your hand or finger if you must touch something.
      • Wash your hands after touching surfaces in public places.
      • Avoid touching your face, nose, eyes, etc.
      • Clean and disinfect your home to remove germs: practice routine cleaning of frequently touched surfaces (for example: tables, doorknobs, light switches, handles, desks, toilets, faucets, sinks & cell phones)
      • Avoid crowds, especially in poorly ventilated spaces. Your risk of exposure to respiratory viruses like COVID-19 may increase in crowded, closed-in settings with little air circulation if there are people in the crowd who are sick.
      • Avoid all non-essential travel including plane trips, and especially avoid embarking on cruise ships.
  • If COVID-19 is spreading in your community, take extra measures to put distance between yourself and other people to further reduce your risk of being exposed to this new virus.
    • Stay home as much as possible.
      • Consider ways of getting food brought to your house through family, social, or commercial networks
  • Have a plan for if you get sick:
    • Consult with your health care provider for more information about monitoring your health for symptoms suggestive of COVID-19.
    • Stay in touch with others by phone or email. You may need to ask for help from friends, family, neighbors, community health workers, etc. if you become sick.
    • Determine who can provide you with care if your caregiver gets sick

Watch for symptoms and emergency warning signs

  • Pay attention for potential COVID-19 symptoms including, fever, cough, and shortness of breath. If you feel like you are developing symptoms, call your doctor.
  • If you develop emergency warning signs for COVID-19 get medical attention immediately. In adults, emergency warning signs*:
    • Difficulty breathing or shortness of breath
    • Persistent pain or pressure in the chest
    • New confusion or inability to arouse
    • Bluish lips or face

*This list is not all inclusive. Please consult your medical provider for any other symptoms that are severe or concerning.

What to Do if You Get Sick
  • Stay home and call your doctor
  • Call your healthcare provider and let them know about your symptoms. Tell them that you have or may have COVID-19. This will help them take care of you and keep other people from getting infected or exposed.
  • If you are not sick enough to be hospitalized, you can recover at home. Follow CDC instructions for how to take care of yourself at home.
  • Know when to get emergency help
  • Get medical attention immediately if you have any of the emergency warning signs listed above.

What Others can do to Support Older Adults
Community Support for Older Adults
  • Community preparedness planning for COVID-19 should include older adults and people with disabilities, and the organizations that support them in their communities, to ensure their needs are taken into consideration.
    • Many of these individuals live in the community, and many depend on services and supports provided in their homes or in the community to maintain their health and independence.
  • Long-term care facilities should be vigilant to prevent the introduction and spread of COVID-19. Information for long-term care facilities can be found here.
Family and Caregiver Support
  • Know what medications your loved one is taking and see if you can help them have extra on hand.
  • Monitor food and other medical supplies (oxygen, incontinence, dialysis, wound care) needed and create a back-up plan.
  • Stock up on non-perishable food items to have on hand in your home to minimize trips to stores.
  • If you care for a loved one living in a care facility, monitor the situation, ask about the health of the other residents frequently and know the protocol if there is an outbreak.
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Prevention and Treatment
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Get Your Household Ready

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Coronavirus: Doctor says high blood pressure a major death risk

Of a group of 170 patients who died in January in Wuhan about 50% had hypertension

 

blood pressure (BP)


While there’s been no published research yet explaining why, Chinese doctors working in Wuhan, the central Chinese city where the virus first emerged, have noticed that infected patients with that underlying illness are more likely to slip into severe distress and die.

Of a group of 170 patients who died in January in Wuhan – the first wave of casualties caused by a pathogen that’s now raced around the world – nearly half had hypertension.

“That’s a very high ratio,” said Du Bin, director of the intensive care unit at Peking Union Medical College Hospital, in an interview with Bloomberg over the phone from Wuhan. He was among a team of top doctors sent to the devastated city two months ago to help treat patients there.

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“From what I was told by other doctors and the data I can see myself, among all the underlying diseases, hypertension is a key dangerous factor,” said Du, one of the most respected critical care experts in China. “Though there is no research published on that yet, we believe hypertension could be an important factor in causing patients to deteriorate, leading to a bad prognosis.”

As the outbreak picks up speed in Europe and the US, plunging countries like Italy into crisis, doctors are struggling to treat the highly-infectious pathogen that’s infected over 108,000 people globally in just three months.

Understanding the course of the disease and identifying individuals at greatest risk are critical for optimizing care for a global contagion that’s killed more than 3,700 people since emerging in China in December.

ALSO READ

Answers may lie in studying the large pool of patients in China, where more than 15,000 remain hospitalized although new infections have slowed dramatically. The disease turns critical in 6% of patients and deterioration can happen very quickly.

“We’ll keep an eye on old people and those with high blood pressure. They are the key focus,” said Du.

Besides the hypertension factor, Du’s other insights into treating the disease are:

Move aggressively to ventilate

Du said that doctors should not hesitate to escalate measures for patients facing respiratory distress, as organ failure can set in quickly after. That means doctors should intervene aggressively with invasive ventilation measures – inserting a tube into a patient’s throat or cutting the throat open to create an airway – when low blood oxygen levels can’t be improved by less invasive measures.

Almost half of the patients who require invasive mechanical ventilation end up dying, but most of those who recover are those who were put on invasive ventilation early, said Du.

“Patients need to use invasive ventilation as early as possible, there’s no point of doing it late,” he said.

Respiratory therapists – doctors that specialise in ventilation and oxygen treatment – are becoming all the more important in treating patients critically ill with Covid-19 as they are more knowledgeable and can fine-tune ventilators to suit patient conditions.

No ‘Magic Bullets’ in drugs

There is growing anticipation over drugs being developed to treat the virus, with investors adding billions to the market value of pharmaceutical companies testing treatments now. But Du said drugs alone cannot save patients, especially those in severe condition.

The experience of SARS, the epidemic 17 years ago that sickened almost 8,000 people, showed that most patients can be cured without a specific anti-viral drug, said Du. And the abundance of antibiotics has not prevented deaths by bacterial infections, he added.

“When there’s a virus infection, we hope there’s a drug that can kill the virus and change the clinical outcome. But there’s no magic bullet.”

Instead, teamwork among specialists and nurses in intensive care units can be more crucial in keeping patients alive, he said. “An ICU doctor should work like a conductor in an orchestra to provide life-sustaining treatment while taking into consideration different specialist views,” he said.

Threat of re-infection

Reports that people who have recovered and been discharged from hospital later test positive again – and even die from the disease – have ignited fears that the virus can somehow re-emerge.

Du said that patients becoming re-infected again within days of leaving the hospital makes no sense “theoretically” as the anti-bodies in their bloodstream generated from fighting the disease do not disappear so quickly, although they don’t necessarily stay forever.

“What we need to look at in terms of those who tested positive again is concerns over the authenticity of their negative results,” he said. For example, samples taken from different areas of the same patient could test differently depending on where the virus resides.

Test kits made by different manufacturers could also have inconsistencies that impact test results, he said.

https://gulfnews.com/world/asia/coronavirus-doctor-says-high-blood-pressure-a-major-death-risk-1.1583772143148

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The Pronk Pops Show 1408, March 6, 2020, Story 1: U-3 Unemployment Rate at 3.5% and Labor Participating Rate of 63.4% and 273,000 New Job Created and 95 Million Not In Labor Force in February 2020 — Economy Growing at 2.1% in Fourth Quarter 2019 — Videos — Story 2: President Trump Signs $8.3 Billion Coronavirus Funding Bill and Visit Center for Disease Control (CDC) — Story 3: Vice-President Pence Update of COVID-19 Task Force — The Risk To American People of Getting COVID-19 Is Low — By End of Next Week Over 4 Million COVID-19 Test Kits Will Be Available — Videos

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Story 1: U-3 Unemployment Rate at 3.5%, U-6 Unemployment Rate at 7.0% and Labor Participating Rate of 63.4% and 273,000 New Job Created and 95 Million Not In Labor Force in February 2020 — Economy Growing at 2.1% in Fourth Quarter 2019 — Videos —

CNBC’s full interview with White House advisor Larry Kudlow on February jobs and coronavirus concern

February jobs report: US employment growth soars

February Jobs Report Beats Expectations, Adds 273,000 New Jobs | MSNBC

Here’s how the coronavirus is already affecting China’s economy

Job growth smashes expectations for February as unemployment falls back to 3.5%

KEY POINTS
  • Nonfarm payrolls rose by 273,000 in February vs. a 175,000 estimate, while the unemployment rate edged lower to 3.5%.
  • Job gains were widespread, with health care adding 57,000 to lead the way.
  • December and January’s estimates were revised upward by a total of 243,000.

Nonfarm payrolls grew far more than expected in February as companies continued to hire leading into a growing coronavirus scare.

The Labor Department reported Friday that the U.S. economy added 273,000 new jobs during the month, while the unemployment rate was 3.5%, matching its lowest level in more than 50 years. An alternative measure of joblessness that counts those not looking for work and holding part-time jobs for economic reasons edged higher to 7%.

The January and February gains tied for best month since May 2018.
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Economists surveyed by Dow Jones had been looking for payroll growth of 175,000 and a 3.5% jobless level. Average hourly earnings grew by 3% over the past year, in line with estimates, while the average work week, considered a key measure of productivity, nudged up to 34.4 hours.

There was more good news for the jobs market: The previous two months’ estimates were revised higher by a total of 85,000. December moved up from 147,000 to 184,000, while January went from 225,000 to 273,000. Those revisions brought the three-month average up to a robust 243,000 while the average monthly gain in 2019 was 178,000.

Employment report: payrollsMonthly change, seasonally adjusted, in thousandsJan ’18May ’18Sep ’18Jan ’19May ’19Sep ’19Jan ’200100200300400500Source:BLSDecember 2019184

Despite the strong numbers, Wall Street was heading for more losses stemming from worries over the effects of the coronoavirus outbreak, though Friday’s futures were off their bottom after the report.

“This could be the last perfect employment report the market gets for some time,” said Chris Rupkey, chief financial economist at MUFG Union Bank.

Gains were spread across a multitude of sectors as the total employment level hit 158.8 million, near its December 2019 record.

Health care and social assistance led the way in job creation with 57,000 new positions. Food services and drinking places both added 53,000 while government employment grew by 45,000 due to Census hiring and state government education. Construction added 42,000 thanks to continued mild weather, while professional and technical services contributed 32,000 and finance rose by 26,000, part of a 160,000 gain over the past 12 months.

In the survey of households, employment rose by 126,000 while the ranks of the unemployed decreased by 105,000.

“While it’s too early to see the impact of the coronavirus on the labor market, we can say the labor market was in a good place before the virus began to spread,” said Nick Bunker, economic research director at job placement firm Indeed. “But the next few months will be a test of just how resilient this labor market is.”

Jobs market still looks strong

The jobs numbers took on particular importance in February as worries intensified over the economic impact from the novel coronavirus, though the report covered the time frame before worries over the disease intensified.

Most of the indicators thus far have shown little damage. Jobless claims remain well within their recent trend, coming in at 216,000 in the latest reading Thursday. Job placement firm Challenger, Gray & Christmas also reported Thursday that planned layoffs actually fell 16% from January. And key ISM readings on both manufacturing and services show companies still plan to hire.

“Now more than ever, we need to focus on the labor market data,” said Liz Ann Sonders, chief investment strategist at Charles Schwab. “The consumer has kind of kept things afloat.”

Most of the consumer-related data points have been good, though the reports coming in now largely cover the early stages of the coronavirus scare and the sharp recent stock market volatility.

With the large measure of uncertainty around the disease, its impacts may be felt in increments rather than suddenly. But if cracks begin to form, the first notices likely will come in employment data.

“If we start to handle things the way they’re handled in Italy and South Korea, closing schools and having mandated cancellations of travel and sporting events, I think there’s no way we don’t start to see it in the labor market and in consumer confidence and spending,” Sonders said.

https://www.cnbc.com/2020/03/06/us-jobs-report-february-2020.html

Employment Situation Summary

Transmission of material in this news release is embargoed until	       USDL-20-0379
8:30 a.m. (EST) Friday, March 6, 2020

Technical information: 
 Household data:	(202) 691-6378  *  cpsinfo@bls.gov  *  www.bls.gov/cps
 Establishment data:	(202) 691-6555  *  cesinfo@bls.gov  *  www.bls.gov/ces

Media contact:	        (202) 691-5902  *  PressOffice@bls.gov

	
                    THE EMPLOYMENT SITUATION -- FEBRUARY 2020


Total nonfarm payroll employment rose by 273,000 in February, and the unemployment
rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics
reported today. Notable job gains occurred in health care and social assistance,
food services and drinking places, government, construction, professional and
technical services, and financial activities.

This news release presents statistics from two monthly surveys. The household
survey measures labor force status, including unemployment, by demographic
characteristics. The establishment survey measures nonfarm employment, hours, and
earnings by industry. For more information about the concepts and statistical
methodology used in these two surveys, see the Technical Note.

Household Survey Data

Both the unemployment rate, at 3.5 percent, and the number of unemployed persons,
at 5.8 million, changed little in February. The unemployment rate has been either
3.5 percent or 3.6 percent for the past 6 months. (See table A-1.)

Among the major worker groups, the unemployment rate for Asians declined to 2.5
percent in February. The rates for adult men (3.3 percent), adult women (3.1 percent),
teenagers (11.0 percent), Whites (3.1 percent), Blacks (5.8 percent), and Hispanics
(4.4 percent) showed little or no change over the month. (See tables A-1, A-2, and
A-3.)

The number of long-term unemployed (those jobless for 27 weeks or more), at 1.1
million, changed little in February and accounted for 19.2 percent of the unemployed.
(See table A-12.)

The labor force participation rate remained at 63.4 percent in February. The
employment-population ratio, at 61.1 percent, changed little over the month but was
up by 0.4 percentage point over the year. (See table A-1.)

The number of persons employed part time for economic reasons, at 4.3 million,
changed little in February. These individuals, who would have preferred full-time
employment, were working part time because their hours had been reduced or they
were unable to find full-time jobs. (See table A-8.)

In February, 1.4 million persons were marginally attached to the labor force,
little changed from the previous month. These individuals were not in the labor
force, wanted and were available for work, and had looked for a job sometime in the
prior 12 months but had not looked for work in the 4 weeks prior to the survey. 
Discouraged workers, a subset of the marginally attached who believed that no
jobs were available for them, numbered 405,000 in February, little different
from the previous month. (See Summary table A.)

Establishment Survey Data

Total nonfarm payroll employment rose by 273,000 in February, after an increase of
the same magnitude in January. In 2019, job growth averaged 178,000 per month. In
February, notable job gains occurred in health care and social assistance, food
services and drinking places, government, construction, professional and technical
services, and financial activities. (See table B-1.)

Employment in health care and social assistance increased by 57,000 in February.
Health care added 32,000 jobs, with gains in offices of physicians (+10,000), home
health care services (+10,000), and hospitals (+8,000). Employment in social assistance
increased by 25,000, with a majority of the gain in individual and family services
(+18,000). Over the past 12 months, employment increased by 368,000 in health care and
by 191,000 in social assistance. 

Food services and drinking places added 53,000 jobs in February. Employment in the
industry has increased by 252,000 over the past 7 months, following a lull in job growth
earlier in 2019.

In February, government employment increased by 45,000, led by a gain in state government
education (+16,000). Federal employment increased by 8,000, reflecting the hiring of
7,000 temporary workers for the 2020 Census. 

Construction added 42,000 jobs in February, following a similar gain in January (+49,000).
In 2019, job gains averaged 13,000 per month. In February, employment gains occurred
in specialty trade contractors (+26,000) and residential building (+10,000). 

In February, employment in professional and technical services increased by 32,000. Job
growth occurred in architectural and engineering services (+10,000) and in scientific
research and development services (+5,000). Employment continued to trend up in computer
systems design and related services (+8,000). Over the past 12 months, professional and
technical services has added 285,000 jobs. 

Employment in financial activities increased by 26,000 in February, with gains in real
estate (+8,000) and in credit intermediation and related activities (+6,000). Over the
past 12 months, financial activities has added 160,000 jobs.

Employment in other major industries, including mining, manufacturing, wholesale trade,
retail trade, transportation and warehousing, and information, changed little over the
month.

In February, average hourly earnings for all employees on private nonfarm payrolls
increased by 9 cents to $28.52. Over the past 12 months, average hourly earnings have 
increased by 3.0 percent. Average hourly earnings of private-sector production and
nonsupervisory employees increased by 8 cents to $23.96 in February. (See tables B-3
and B-8.)

The average workweek for all employees on private nonfarm payrolls rose by 0.1 hour to
34.4 hours in February. In manufacturing, the workweek increased by 0.2 hour to 40.7
hours, and overtime edged up by 0.1 hour to 3.2 hours. The average workweek for production
and nonsupervisory employees on private nonfarm payrolls increased by 0.1 hour to 33.7
hours. (See tables B-2 and B-7.)

The change in total nonfarm payroll employment for December was revised up by 37,000 from
+147,000 to +184,000, and the change for January was revised up by 48,000 from +225,000
to +273,000. With these revisions, employment gains in December and January combined were
85,000 higher than previously reported. (Monthly revisions result from additional reports
received from businesses and government agencies since the last published estimates and
from the recalculation of seasonal factors.) After revisions, job gains have averaged
243,000 per month over the last 3 months.

_____________
The Employment Situation for March is scheduled to be released on
Friday, April 3, 2020, at 8:30 a.m. (EDT).



 

The PDF version of the news release

News release charts

Supplemental Files Table of Contents

Table of Contents

https://www.bls.gov/news.release/empsit.nr0.htm

Table A-1. Employment status of the civilian population by sex and age

HOUSEHOLD DATA
Table A-1. Employment status of the civilian population by sex and age
[Numbers in thousands]
Employment status, sex, and age Not seasonally adjusted Seasonally adjusted(1)
Feb.
2019
Jan.
2020
Feb.
2020
Feb.
2019
Oct.
2019
Nov.
2019
Dec.
2019
Jan.
2020
Feb.
2020

TOTAL

Civilian noninstitutional population

258,392 259,502 259,628 258,392 259,845 260,020 260,181 259,502 259,628

Civilian labor force

162,793 163,497 164,235 163,047 164,401 164,347 164,556 164,606 164,546

Participation rate

63.0 63.0 63.3 63.1 63.3 63.2 63.2 63.4 63.4

Employed

156,167 156,994 158,017 156,866 158,544 158,536 158,803 158,714 158,759

Employment-population ratio

60.4 60.5 60.9 60.7 61.0 61.0 61.0 61.2 61.1

Unemployed

6,625 6,504 6,218 6,181 5,857 5,811 5,753 5,892 5,787

Unemployment rate

4.1 4.0 3.8 3.8 3.6 3.5 3.5 3.6 3.5

Not in labor force

95,599 96,004 95,393 95,345 95,444 95,673 95,625 94,896 95,082

Persons who currently want a job

5,196 5,107 4,973 5,206 4,756 4,832 4,832 4,904 4,962

Men, 16 years and over

Civilian noninstitutional population

124,965 125,513 125,575 124,965 125,687 125,773 125,852 125,513 125,575

Civilian labor force

86,056 86,331 86,597 86,399 86,901 87,104 87,049 87,088 87,008

Participation rate

68.9 68.8 69.0 69.1 69.1 69.3 69.2 69.4 69.3

Employed

82,311 82,701 83,047 83,066 83,776 84,018 84,034 83,940 83,871

Employment-population ratio

65.9 65.9 66.1 66.5 66.7 66.8 66.8 66.9 66.8

Unemployed

3,745 3,629 3,549 3,333 3,126 3,086 3,015 3,147 3,137

Unemployment rate

4.4 4.2 4.1 3.9 3.6 3.5 3.5 3.6 3.6

Not in labor force

38,909 39,183 38,979 38,566 38,786 38,669 38,803 38,426 38,568

Men, 20 years and over

Civilian noninstitutional population

116,513 117,110 117,181 116,513 117,242 117,331 117,413 117,110 117,181

Civilian labor force

83,435 83,600 83,804 83,588 83,911 84,057 84,008 84,087 84,001

Participation rate

71.6 71.4 71.5 71.7 71.6 71.6 71.5 71.8 71.7

Employed

80,117 80,358 80,592 80,677 81,196 81,377 81,390 81,345 81,202

Employment-population ratio

68.8 68.6 68.8 69.2 69.3 69.4 69.3 69.5 69.3

Unemployed

3,318 3,241 3,212 2,911 2,715 2,679 2,618 2,743 2,799

Unemployment rate

4.0 3.9 3.8 3.5 3.2 3.2 3.1 3.3 3.3

Not in labor force

33,078 33,511 33,377 32,925 33,330 33,274 33,405 33,023 33,180

Women, 16 years and over

Civilian noninstitutional population

133,427 133,988 134,053 133,427 134,158 134,247 134,329 133,988 134,053

Civilian labor force

76,737 77,167 77,638 76,648 77,500 77,243 77,507 77,518 77,538

Participation rate

57.5 57.6 57.9 57.4 57.8 57.5 57.7 57.9 57.8

Employed

73,857 74,292 74,970 73,800 74,769 74,518 74,769 74,774 74,888

Employment-population ratio

55.4 55.4 55.9 55.3 55.7 55.5 55.7 55.8 55.9

Unemployed

2,880 2,874 2,668 2,848 2,731 2,725 2,738 2,744 2,651

Unemployment rate

3.8 3.7 3.4 3.7 3.5 3.5 3.5 3.5 3.4

Not in labor force

56,690 56,822 56,415 56,779 56,658 57,004 56,822 56,470 56,514

Women, 20 years and over

Civilian noninstitutional population

125,177 125,770 125,841 125,177 125,907 125,998 126,082 125,770 125,841

Civilian labor force

73,942 74,320 74,768 73,667 74,542 74,291 74,584 74,512 74,501

Participation rate

59.1 59.1 59.4 58.8 59.2 59.0 59.2 59.2 59.2

Employed

71,396 71,785 72,413 71,169 72,130 71,881 72,200 72,097 72,179

Employment-population ratio

57.0 57.1 57.5 56.9 57.3 57.0 57.3 57.3 57.4

Unemployed

2,546 2,535 2,355 2,497 2,411 2,411 2,383 2,415 2,323

Unemployment rate

3.4 3.4 3.1 3.4 3.2 3.2 3.2 3.2 3.1

Not in labor force

51,235 51,450 51,073 51,511 51,365 51,706 51,498 51,258 51,340

Both sexes, 16 to 19 years

Civilian noninstitutional population

16,702 16,622 16,606 16,702 16,696 16,692 16,686 16,622 16,606

Civilian labor force

5,416 5,578 5,663 5,792 5,948 5,999 5,964 6,007 6,043

Participation rate

32.4 33.6 34.1 34.7 35.6 35.9 35.7 36.1 36.4

Employed

4,655 4,851 5,012 5,019 5,218 5,278 5,213 5,273 5,378

Employment-population ratio

27.9 29.2 30.2 30.1 31.3 31.6 31.2 31.7 32.4

Unemployed

761 727 651 773 730 721 752 734 665

Unemployment rate

14.0 13.0 11.5 13.3 12.3 12.0 12.6 12.2 11.0

Not in labor force

11,286 11,044 10,943 10,909 10,748 10,693 10,722 10,614 10,562

Footnotes
(1) The population figures are not adjusted for seasonal variation; therefore, identical numbers appear in the unadjusted and seasonally adjusted columns.

NOTE: Updated population controls are introduced annually with the release of January data.

 

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, Thursday, February 27, 2020
BEA 20—07

Gross Domestic Product, Fourth Quarter and Year 2019 (Second Estimate)

Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the fourth quarter of 2019 (table 1), according to the “second” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP also increased 2.1 percent.

The GDP estimate released today is based on more complete source data than were available for the “advance” estimate issued last month. In the advance estimate, the increase in real GDP was also 2.1 percent. In the second estimate, an upward revision to private inventory investment was offset by a downward revision to nonresidential fixed investment (see “Updates to GDP” on page 2).

Real GDP: Percent change from preceding quarter

The increase in real GDP in the fourth quarter reflected positive contributions from personal consumption expenditures (PCE), federal government spending, exports, residential fixed investment, and state and local government spending that were partly offset by negative contributions from private inventory investment and nonresidential fixed investment. Imports, which are a subtraction in the calculation of GDP, decreased (table 2).

Real GDP growth in the fourth quarter was the same as that in the third. In the fourth quarter, a downturn in imports and an acceleration in government spending were offset by a larger decrease in private inventory investment and a slowdown in PCE.

Current dollar GDP increased 3.5 percent, or $184.2 billion, in the fourth quarter to a level of $21.73 trillion. In the third quarter, GDP increased 3.8 percent, or $202.3 billion (tables 1 and 3).

The price index for gross domestic purchases increased 1.4 percent in the fourth quarter, the same increase as in the third quarter (table 4). The PCE price index increased 1.3 percent, compared with an increase of 1.5 percent. Excluding food and energy prices, the PCE price index increased 1.2 percent, compared with an increase of 2.1 percent.

More information on the source data that underlie the estimates is available in the “Key Source Data and Assumptions” file on BEA’s website.

 

Updates to GDP

In the second estimate, the fourth-quarter growth rate in real GDP was unrevised from the advance estimate. Private inventory investment, exports, federal government spending, and residential fixed investment were revised up. These upward revisions were offset by downward revisions to nonresidential fixed investment, PCE, state and local government spending, and an upward revision to imports. For more information, see the Technical Note and the “Additional Information” section below.

Advance Estimate Second Estimate
(Percent change from preceding quarter)
Real GDP 2.1 2.1
Current-dollar GDP 3.6 3.5
Gross domestic purchases price index 1.5 1.4
PCE price index 1.6 1.3
PCE price index excluding food and energy 1.3 1.2

For the third quarter of 2019, the percent change in real GDI was revised from 2.1 percent to 1.2 percent based on new third-quarter data from the BLS Quarterly Census of Employment and Wages.

 

2019 GDP

Real GDP increased 2.3 percent in 2019 (from the 2018 annual level to the 2019 annual level), compared with an increase of 2.9 percent in 2018 (table 1).

The increase in real GDP in 2019 reflected positive contributions from PCE, nonresidential fixed investment, federal government spending, state and local government spending, and private inventory investment that were partly offset by a negative contribution from residential fixed investment. Imports increased (table 2).

The deceleration in real GDP in 2019, compared to 2018, primarily reflected decelerations in nonresidential fixed investment and PCE, which were partly offset by accelerations in both state and local and federal government spending. Imports increased less in 2019 than in 2018.

Current-dollar GDP increased 4.1 percent, or $846.9 billion, in 2019 to a level of $21.43 trillion, compared with an increase of 5.4 percent, or $1,060.8 billion, in 2018 (tables 1 and 3).

The price index for gross domestic purchases increased 1.5 percent in 2019, compared with an increase of 2.4 percent in 2018 (table 4). The PCE price index increased 1.4 percent, compared with an increase of 2.1 percent. Excluding food and energy prices, the PCE price index increased 1.6 percent, compared with an increase of 1.9 percent (table 4).

Measured from the fourth quarter of 2018 to the fourth quarter of 2019, real GDP increased 2.3 percent during the period. That compared with an increase of 2.5 percent during 2018. The price index for gross domestic purchases, as measured from the fourth quarter of 2018 to the fourth quarter of 2019, increased 1.4 percent during 2019. That compared with an increase of 2.2 percent during 2018. The PCE price index increased 1.4 percent, compared with an increase of 1.9 percent. Excluding food and energy, the PCE price index increased 1.6 percent, compared with an increase of 1.9 percent (table 6).

*          *          *

Next release, March 26, 2020 at 8:30 A.M. EDT
Gross Domestic Product, Fourth Quarter and Year 2019 (Third Estimate)
Corporate Profits, Fourth Quarter and Year 2019

*          *          *

https://www.bea.gov/news/2020/gross-domestic-product-fourth-quarter-and-year-2019-second-estimate

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The Pronk Pops Show 1407, March 5, 2020, Story 1: Return of Near Zero Interest Rates and Quantitative Easing Monetary Policy To Prevent Another Recession — Financial Repression By Big Government and Big Banks — Destructive Debt Debacle  — Videos — Story 2: Stocks Prices Up and Down — COVID-19 100000 Plus Confirmed Cases and 3300 Plus Deaths Rising — Still Way Behind Estimated 18000-46000 Influenza Flu Deaths and 14 Million to 21  Million of Influenza Flu Cases in United States Alone! — Test Early and Often — Videos — Story 3: COVID-19 Test Kit and Fast Lab Processing The Key To Containing The Virus — Videos — Story 4: World Health Organization Appeals To Governments to Pull Out The Stops To Contain COVID-19 — Videos Story 5: Senator Warren Withdraws From Race Blames Sexism — Nonsense — American People Have Their Own Plans That Do Not Include Warren — Will She Endorse Male Progressive Bernie Sanders — Too Little — Too Late — Videos

Posted on March 6, 2020. Filed under: 2020 Democrat Candidates, 2020 President Candidates, 2020 Republican Candidates, Addiction, Addiction, American History, Applications, Banking System, Bernie Sanders, Blogroll, Breaking News, Budgetary Policy, Canada, Cartoons, Clinton Obama Democrat Criminal Conspiracy, Communications, Computers, Congress, Constitutional Law, Corruption, Countries, Culture, Deep State, Defense Spending, Disasters, Donald J. Trump, Donald J. Trump, Donald J. Trump, Donald Trump, Economics, Economics, Education, Elections, Empires, Employment, Federal Government, First Amendment, Fiscal Policy, Foreign Policy, Free Trade, Freedom of Religion, Freedom of Speech, Government, Government Dependency, Government Spending, Hardware, Health, Health Care, Health Care Insurance, History, House of Representatives, Human, Human Behavior, Illegal Immigration, Immigration, Impeachment, Independence, Investments, Joe Biden, Labor Economics, Language, Law, Legal Immigration, Life, Lying, Media, Medicare, Mental Illness, Military Spending, Monetary Policy, National Interest, National Security Agency, News, Obama, People, Philosophy, Photos, Politics, Polls, Progressives, Public Relations, Raymond Thomas Pronk, Rule of Law, Scandals, Senate, Servers, Social Sciences, Socials Security, Software, Spying, Success, Surveillance and Spying On American People, Surveillance/Spying, Tax Policy, Taxation, Taxes, Terror, Terrorism, Trade Policy, Trump Surveillance/Spying, United States Constitution, United States of America, Videos, Violence, War, Wealth, Welfare Spending | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

 

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Story 1: Return of Near Zero Interest Rates and Quantitative Easing Monetary Policy To Prevent Another Recession — Financial Repression By Big Government and Big Banks — Destructive Debt Debacle  — Inverted Yield Curve — Recession? Videos –

Treasury 10-Year Yield Below 1%: How Low Can It Go?

Inverted Yield Curve Happened AGAIN – Trouble Ahead for the Economy?

Why Investors Are Obsessed With the Inverted Yield Curve

What is the Yield Curve, and Why is it Flattening?

Investing in Bonds with a Flat to Inverted Yield Curve

How The Economic Machine Works by Ray Dalio

 

Principles For Success by Ray Dalio (In 30 Minutes)

Keiser Report |Telling the Truth About Financial Pandemic | E1510

  

Negative Rates Coming – More Repo Largess , MORE QE.

Fed Will Cut Rates Three Times and May Restart QE, Sri-Kumar Says

Federal Reserve’s rate cut was a ‘disaster’: Expert

Bond King’ Gundlach says Fed panicked and short-term rates are ‘headed toward zero’

KEY POINTS
  • “Bond King” Jeffrey Gundlach says he believes the Fed panicked in cutting interest rates earlier this week and that short-term U.S. rates are headed for zero.
  • “I’m in the camp that the Fed is going to cut rates again,” Gundlach said. “When I say panicked, it doesn’t mean it’s not justified. Sometimes panic is justified.”
  • The benchmark 10-year Treasury note yield hit an all-time low under 0.9% just after the longtime bond investor made his comments around 12:40 p.m. ET.

VIDEO00:01
Gundlach: I expect Fed to cut rates again, maybe in two weeks

“Bond King” and DoubleLine Capital CEO Jeffrey Gundlach said Thursday that he believes the Federal Reserve panicked in cutting interest rates earlier this week and that short-term U.S. rates are headed for zero.

“If we look at history, once the Fed does a panic, intermeeting rate cut, particularly when it’s 50 basis points … they typically cut pretty quickly again,” Gundlach said. “I’m in the camp that the Fed is going to cut rates again, perhaps even in two weeks” during its regularly scheduled meeting.

The benchmark 10-year Treasury note yield hit an all-time low under 0.9% just after the longtime bond investor made his comments on CNBC’s “Halftime Report” around 12:40 p.m. ET. The 2-year U.S. rate hit also hit a record low of 0.554% earlier in the session.

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The top moments in business and politics – wrapped with exclusive color and context – right in your ears

“We will see short rates headed toward zero,” Gundlach added. And “when I say panicked, it doesn’t mean it’s not justified. Sometimes panic is justified.”

“Business activity is likely to contract,” he said. “I received multiple emails today of clients that were planning on visits to DoubleLine saying they’re canceling them.”

Although President Donald Trump has spoken fondly of negative interest rates, Gundlach said he doesn’t think the Fed is likely to follow the route taken by Japan and some countries in Europe.

On Tuesday, the Federal Reserve lowered its benchmark interest rate unexpectedly by 50 basis points, saying that the spread of the coronavirus “poses evolving risks to economic activity.” The move marked the first time since the financial crisis that the U.S. central bank was forced to impose an emergency rate cut.

The action failed to ease stock market concern about the potential economic impact of the coronavirus outbreak, however, but sparked a sharp drop in short-term U.S. rates. Markets remain fearful that the disease will prevent major exporters, like China, from sending components to American manufacturers and have a rippling effect on global growth.

Risk assets continued their slide Thursday as the Dow Jones Industrial Average was down more than 900 points, or 3.4%, in midafternoon trading. The Dow fell more than 1,000 points earlier in the day. The S&P 500 dropped 3.3%, led lower by rate-sensitive regional and consumer-facing banks that generate profits through loans.

WATCH: How negative interest rates work

Federal Reserve Retools Capital Rules for Largest U.S. Banks

New Fed rule creates capital buffer tied to annual stress tests

The overhaul reflects the latest moves by the Federal Reserve to recalibrate oversight of big U.S. lenders.

PHOTO: LIU JIE/XINHUA/ZUMA PRESS

 

WASHINGTON—The Federal Reserve retooled capital rules for the largest U.S. banks, completing one of the biggest changes to the postcrisis rulebook for Wall Street during the Trump administration.

Fed officials on Wednesday said the changes would simplify rules for big banks such as JPMorgan Chase & Co. and Wells Fargo & Co. without posing risks to the stability of the financial system.

The overhaul “simplifies the post-crisis capital framework for banks, while maintaining the strong capital requirements that are the hallmark of the framework,” Fed Vice Chairman for Supervision Randal Quarles said in a statement.

The overhaul reflects the latest moves by the Fed to recalibrate oversight of big U.S. lenders. Already, officials have completed separate changes aimed at easing liquidity and capital rules for regional U.S. banks and retooled speculative trading limits for large firms.

Fed governor Lael Brainard, an Obama-era appointee, cast the sole dissenting vote against the plan, saying she believed it would reduce banks’ required capital levels and the amount they set aside as a buffer above their regulatory requirements.

In a statement, she said the plan “gives a green light for large banks to reduce their capital buffers materially, at a time when payouts have already exceeded earnings for several years on average.”

Ms. Brainard said she expects a reduction in capital largely because the overhaul requires banks to set aside funds for dividend payments for four quarters, down from the current nine.

But Mr. Quarles said the changes would maintain the overall level of capital in the system and modestly increase required capital levels for the largest firms. His estimates were based on stress-test data from 2013 to 2019, he said.

Parts of the overhaul are likely to be welcomed by big banks, including changes that streamline aspects of stress tests, which require 34 large banks to show how they would weather simulated market and economic shocks.

Wednesday’s plan reduces the total number of big-bank capital requirements to eight from 13, the Fed said. For large Wall Street firms, those changes could be offset by a new “stress capital buffer.”

Banks’ annual stress-test results would be used to calculate the size of the new buffer, which the firms would have to meet during the ensuing year. If a firm’s capital fell below this level, it would face limits on its capital distributions and bonus payments.

Under the Trump administration, regulators have sought to soften the impact of the 2010 Dodd-Frank law, which was intended to prevent another financial crisis, saying its requirements were too stringent and inflexible.

A law signed by President Trump in 2018 rolled back restrictions for banks with less than $250 billion in assets and served as the impetus for further regulatory changes.

Some of Wednesday’s changes incorporate adjustments sought by banks. The Fed’s stress tests would assume lenders restrain growth in their balance sheets during stressful periods, which doesn’t happen under current rules. That would likely have the effect of boosting banks’ capital levels in the stress tests.

The Fed held off on making some changes to the stress tests envisioned by Mr. Quarles, such as incorporating a dormant policy tool to combat credit crunches in a downturn known as the countercyclical capital buffer. The Fed would have to separately propose such changes.

Write to Andrew Ackerman at andrew.ackerman@wsj.com

Story 2: Stocks Prices Up and Down — COVID-19 100,000 Plus Confirmed Cases and 3,300 Plus Deaths Rising — Still Way Behind Estimated 18,000-46,000 Influenza Flu Deaths and 14 Million to 21  Million of Influenza Flu Cases in United States Alone! — Test Early and Often — Videos

Dow tanks more than 950 points as Wall Street’s roller-coaster week continues

Stocks plunged on Thursday, erasing most of the steep gains in the previous session, as markets remained highly volatile in the face of the fast-spreading coronavirus.

The Dow Jones Industrial Average ended the day 969.58 points, or 3.5%, lower at 26,121.28 after tanking nearly 1,150 at its session low. The S&P 500 dropped 3.3%, or 106.18, to 3,023.94 and the Nasdaq Composite fell 3.1%, or 279.49, to 8,738.60. All 11 S&P sectors finished the day in the red. Stocks turned sharply lower as the 10-year Treasury yield fell to an all-time low below 0.9%.

Fears about the coronavirus disrupting the global economy continued to grip Wall Street as countries around the world extended quarantines and travel restrictions. California declared a state of emergency after a coronavirus-related death and 53 confirmed cases in the state. The number of infections in New York also doubled overnight to 22 as the state ramps up its testing.

VIDEO04:40
Stocks dropped sharply again because of the fast-spreading coronavirus

“The majority of this is just growing concern about the fallout from the virus because it’s spreading,” said Tom Essaye, founder of the Sevens Report. “For every hour, another group of people have it and it’s in another state. People are getting a bit nervous about this constant barrage of headlines.”

That angst fueled investor demand for safer assets like U.S. Treasurys and gold. The tumbling yields kept pressure on bank stocks, which led the major indexes lower. JPMorgan and Bank of America both dropped about 5%.

Airline stocks also took a huge beating, leading the declines in the Dow Jones Transportation Average, which dipped into bear market territory Thursday. United Airlines cratered 13.4%, while American Airlines tanked 13.2%, suffering its worst day since 2016.

The market moves came amid a roller-coaster week on Wall Street, which saw the 30-stock Dow swinging 1,000 points or higher twice in the past three days.

The Dow posted its second-biggest point gain on Wednesday as major wins from former Vice President Joe Biden during Super Tuesday sparked a relief rally, especially in the health-care sector. Investors also cheered signs of a global response to the outbreak, including a more than $8 billion in emergency funding from Congress.

“The optimism coming off Super Tuesday has come and gone and we reverted to being driven by fear over the containment of the virus and the impact it’s going to have on the global economy down the road,” said Mike Loewengart, managing director of investment strategy at E-Trade.

On Tuesday, the Federal Reserve cut its benchmark interest rate unexpectedly by 50 basis points, citing that coronavirus “poses evolving risks to economic activity.” It was the central bank’s first such emergency cut since the 2008 financial crisis.

The move failed to assuage stock market concerns about the potential economic impact of the coronavirus outbreak and triggered sharp movements in the markets.

“Despite the rally in stocks [Wednesday], Treasury yields and gold prices did not respond in-kind,” said Matt Maley, chief market strategist at Miller Tabak. “None of the other markets saw the kinds of moves yesterday that would indicate that we’re out of the woods on the negative impact of the coronavirus. In other words, many other markets are still sending up warning signals.”

Investors will monitor a key jobs report on Friday for signs of any negative impact on the labor market from the coronavirus. The U.S. economy is expected to have added 175,000 jobs in February, down from 225,000 in January.

The weekly jobless claims data on Thursday underscored the labor market strength despite the outbreak. Initial claims for state unemployment benefits slipped 3,000 to 216,000 for the week ended Feb. 29. Economists polled by Reuters had forecast claims would fall to 215,000 in the latest week.

—CNBC’s Thomas Franck and Fred Imbert contributed to this report.

https://www.cnbc.com/2020/03/05/us-markets-dow-futures-indicate-opening-drop.html

Cruise Ship Held Off California Becomes New Focus of Concern

A cruise liner bound for San Francisco from Hawaii is believed to be linked to two coronavirus cases, one of them fatal. More cases were found in a number of states, including Texas and New Jersey.

  • 1201
This briefing has ended. Read the latest news and analysis about the coronavirus outbreak here.
Credit…Max Whittaker for The New York Times

Gov. Gavin Newsom announced on Wednesday that a cruise ship returning to California from Hawaii that had suspected links to two coronavirus cases, one of them fatal, was being held off the coast of San Francisco, as public health officials prepared to screen everyone on the ship.

Eleven passengers and 10 crew members on the boat were showing symptoms on Wednesday, the governor said. “That number may significantly understate” the scope of infection, he said, or “it may indeed be abundance of caution.”

“The ship will not come on shore until we appropriately assess the passengers,” Mr. Newsom added.

The governor also announced that the state was declaring a state of emergency to help mobilize its response to the coronavirus outbreak. The number of cases in the state shot up to 54 on Wednesday, the most in the nation.

Governor Newsom said that about 2,500 people, more than half of them Californians, had been aboard the ship, identified by its owners as the Grand Princess, during a recent voyage from San Francisco to Mexico. One of those passengers died Wednesday in Placer County, Calif., the first U.S. coronavirus death outside Washington State and the 11th overall. Another passenger was being treated for the illness in Sonoma County. State and federal officials were racing to contact others who had been on board.

Mr. Newsom said the ship had gone on to Hawaii after its stop in Mexico, and then had sailed back toward California with some of the passengers from the original San Francisco-to-Mexico leg of the voyage still on board.

The person who died in Placer County had underlying health conditions and had been in isolation at a hospital after falling ill. Officials believe the patient was probably exposed to the virus on the San Francisco-to-Mexico leg of the voyage last month.

The New York Times would like to hear from health care providers who are struggling to get patients tested for coronavirus or are having difficulty getting sufficient medical supplies. Please email us at coronavirus@nytimes.com. A reporter may contact you to follow up. Thank you.

Health officials in Los Angeles County announced six new cases on Wednesday, and Santa Clara County announced three more cases. The virus has been detected across the United States, but so far has been concentrated on the West Coast.

A person who conducted medical screenings at Los Angeles International Airport tested positive for the virus, the Department of Homeland Security said on Wednesday. The person last worked at the airport on Feb. 21, eight days before showing symptoms of infection, the agency said.

Each of the six new cases reported by Los Angeles County was linked to a known exposure, a history of international travel or contact with someone who had traveled or been diagnosed with the virus, officials said.

Coronavirus Map: Tracking the Spread of the Outbreak

The virus has infected more than 97,800 people in at least 81 countries.

Facebook on Wednesday said that a worker in the company’s Seattle offices tested positive for Covid-19, the disease caused by the new coronavirus, making it the second major tech company in the city to be affected by the outbreak.

The tech industry is vital to the economy of Washington State, where a cluster of infections has taken root and 10 people have died, leading companies there to take extra measures to halt the spread of the virus.

“A contractor based in our Stadium East office has been diagnosed with Covid-19,” said Andy Stone, a company spokesman. “We’ve notified our employees and are following the advice of public health officials to prioritize everyone’s health and safety.”

The Seattle area is Facebook’s largest engineering outpost outside of its Bay Area headquarters. It had 5,000 employees in the region as of last September, when it announced plans to expand even more.

2019-2020 U.S. Flu Season: Preliminary Burden Estimates

CDC estimates* that, from October 1, 2019, through February 22, 2020, there have been:

32,000,000 – 45,000,000
flu illnesses

person coughing icon

14,000,000 – 21,000,000
flu medical visits

doctor patient icon

310,000 – 560,000
flu hospitalizations

hospital room icon

18,000 – 46,000
flu deaths

flu virus icon

*Because influenza surveillance does not capture all cases of flu that occur in the U.S., CDC provides these estimated ranges to better reflect the larger burden of influenza. These estimates are calculated based on CDC’s weekly influenza surveillance data and are preliminary.

This web page provides weekly, preliminary estimates of the cumulative in-season numbers of flu illnesses, medical visits, hospitalizations, and deaths in the United States. CDC does not know the exact number of people who have been sick and affected by influenza because influenza is not a reportable disease in most areas of the U.S. However, CDC has estimated the burden of flu since 2010 using a mathematical model that is based on data collected through the U.S. Influenza Surveillance System, a network that covers approximately 8.5% of the U.S. population (~27 million people).

Limitations

The estimates of the cumulative burden of seasonal influenza are subject to several limitations.

First, the cumulative rate of laboratory-confirmed influenza-associated hospitalizations reported during the season may be an under-estimate of the rate at the end of the season because of identification and reporting delays.

Second, rates of laboratory-confirmed influenza-associated hospitalizations were adjusted for the frequency of influenza testing and the sensitivity of influenza diagnostic assays. However, data on testing practices during the 2019-2020 season are not available in real-time. CDC used data on testing practices from the past influenza seasons as a proxy. Burden estimates will be updated at a later date when data on contemporary testing practices become available.

Third, estimates of influenza-associated illness and medical visits are based on data from prior seasons, which may not be accurate if the seriousness of illness or patterns of care-seeking have changed.

Frequently Asked Questions

What does the cumulative burden of influenza for the 2019-2020 season mean?

The cumulative burden of influenza is an estimate of the number of people who have been sick, seen a healthcare provider, been hospitalized, or died as a result of influenza since October 01, 2018. CDC does not know the exact number of people who have been sick and affected by influenza because influenza is not a reportable disease in most areas of the United States. However, these numbers are estimated using a mathematical model, based on observed rates of laboratory-confirmed influenza-associated hospitalizations.

How does CDC estimate the cumulative burden of seasonal influenza?

Preliminary estimates of the cumulative burden of seasonal influenza during the 2019-2020 season in the United States are based on crude rates of laboratory-confirmed influenza-associated hospitalizations, reported through the Influenza Hospitalization Surveillance Network (FluSurv-NET), which were adjusted for the frequency of influenza testing during recent prior seasons and the sensitivity of influenza diagnostic assays. Rates of hospitalization were then multiplied by previously estimated ratio of hospitalizations to symptomatic illnesses, and frequency of seeking medical care to calculate symptomatic illnesses, medical visits, and deaths associated with seasonal influenza, respectively.

Why does the estimate of cumulative burden change each week?

The estimates of cumulative burden of seasonal influenza are considered preliminary and may change each week as new laboratory-confirmed influenza-associated hospitalizations are reported to CDC. New reports include both new admissions that have occurred during the reporting week and also patients admitted in previous weeks that have been newly reported to CDC.

How does the number of flu hospitalizations estimated so far this season compare with previous end-of-season hospitalization estimates?

The number of hospitalizations estimated so far this season is lower than end-of-season total hospitalization estimates for any season since CDC began making these estimates. This table also summarizes all estimated influenza disease burden, by season, in U.S. from 2010-11 through 2017-18.

Preliminary Cumulative Estimates of Hospitalizations in the U.S. 2019-2020 Flu Season

Preliminary hospital burden*These estimates are preliminary and based on data from CDC’s  weekly influenza surveillance reports summarizing key influenza activity indicators.

Estimated number of influenza-associated hospitalizations

The y-axis extends from 0 to 1 million.

The x-axis is a timeline starting October 5, 2019 and extending to May 30, 2020.

There is a single blue-shaded curve labeled with “2019/20”.

There are several other lines on the right side of the graph under Total hospitalizations at end of past seasons. The lines are labeled, from top to bottom, as 2018/19, 2017/18, 2014/15, 2016/17, 2012/13, 2013/14, 2015/16, 2010/11, and 2011/12 and represent the estimated burden for these seasons.  This allows for the comparison of the current season to past seasons.

Virus Testing Blitz Appears to Keep Korea Death Rate Low

Heejin Kim, Sohee Kim and Claire Che
Bloomberg

‘Not today’: Elizabeth Warren declines to endorse Joe Biden or Bernie Sanders after she finally quits presidential race but says she WILL have more to say about ‘sexism’

  • Massachusetts senator pulls the plug on her campaign
  • But she did not immediately endorse either Joe Biden or Bernie Sanders
  • ‘Not today. I need some space around this, and I want to take a little time to think a little more,’ she said outsider her home in Massachusetts 
  • Warren had been in talks with both campaigns since her dismal Super Tuesday showing when she even failed to win Massachusetts    
  • Warren led the field early on but saw her star slowly fade as Pete Buttigieg won Iowa, Sanders took New Hampshire and Biden won South Carolina
  • Her biggest prize was effectively driving Mike Bloomberg out of the race by tearing into him at the two debates he took part in 
  • Trump mocked her throughout her campaign as Pocahontas over her claims to have Native American heritage

Elizabeth Warren ended her presidential campaign on Thursday but is not endorsing either of the two remaining candidates – Joe Biden or Bernie Sanders – at least not yet.

‘Not today. I need some space around this, and I want to take a little time to think a little more. I’ve been spending a lot of time right now on the question of suspending and also making sure that this works as best we can for our staff, for our team, for our volunteers,’ she told reporters outside her home in Cambridge, Mass.

‘We don’t have to decide that this minute,’ she noted, saying she would advise her supporters to ‘take a deep breath’ and think about who they would want to give their blessing.

Warren bowed out after failing to win any states in the Democratic primary process – even losing her home state of Massachusetts.

Elizabeth Warren declined to endorse either Joe Biden or Bernie Sanders after she dropped out of the Democratic presidential race+10

Elizabeth Warren declined to endorse either Joe Biden or Bernie Sanders after she dropped out of the Democratic presidential race

Elizabeth Warren also said she'd have more to say about the role gender and sexism played in the Democratic primary process

Elizabeth Warren also said she’d have more to say about the role gender and sexism played in the Democratic primary process

She acknowledged the role gender played in the race.

‘Gender in this race, you know that is the big question for everyone. If you say, yeah, there was sexism in this race, everyone says, whiner. And if you say, no, there was no sexism, about a bazillion women think, what planet do you live on? I promise you this, I’ll have a lot more to say on that subject later on,’ she said.

She also referenced the ‘pinkie’ promises she made with little girls on the campaign trail about a woman being in the contest.

‘I take those pinkie promises seriously,’ she said.

Her decision means there will be a female will not win the presidential nomination after women expressed their fury at President Trump’s election.

‘The hardest part of this is all those little girls who are going to have to wait four more years. That’s going to be hard,’ she said.

She choked up a few times when she talked to the press about her decision with her husband Bruce and dog Bailey at her side.

‘I stood in that voting booth and I looked down and saw my name on the ballot. And I thought, wow, kiddo, you’re not in Oklahoma anymore. That it really was a moment of thinking about how my mother and dad, if they were still here, would feel about this,’ she said.

‘It was a long time standing in that booth. I miss my mommy and my daddy,’ she added.

Elizabeth Warren choked up a few times when she talked about her decision to exit the race

Elizabeth Warren choked up a few times when she talked about her decision to exit the race

Elizabeth Warren exits her Massachusetts home with her husband Bruce to face a crowd of reporters and discuss the end of her presidential campaign

Elizabeth Warren exits her Massachusetts home with her husband Bruce to face a crowd of reporters and discuss the end of her presidential campaign

Warren announced her decision Thursday morning in a call with her staff, thanking them for their work.

‘I know that when we set out, this was not the call you ever wanted to hear. It is not the call I ever wanted to make. But I refuse to let disappointment blind me – or you – to what we’ve accomplished. We didn’t reach our goal, but what we have done together – what you have done – has made a lasting difference. It’s not the scale of the difference we wanted to make, but it matters – and the changes will have ripples for years to come,’ she said.

She also vowed that ‘our place in this fight has not ended.’

‘The fight may take a new form, but I will be in that fight, and I want you in this fight with me. We will persist,’ she said.

Her decision means that the contest is a simple two horse race between Biden, 77, and Sanders, 78, with Biden currently ahead thanks to his dramatic Super Tuesday come back.

President Trump, who called her ‘very selfish,’ for staying the race, claiming she was doing so to keep Sanders from winning the nomination, slammed her exiting the contest ‘THREE DAYS TOO LATE.’

‘Elizabeth “Pocahontas” Warren, who was going nowhere except into Mini Mike’s head, just dropped out of the Democrat Primary…THREE DAYS TOO LATE. She cost Crazy Bernie, at least, Massachusetts, Minnesota and Texas. Probably cost him the nomination! Came in third in Mass,’ he wrote on Twitter.

Warren, who led the field early on, saw her star slowly fade as Pete Buttigieg won Iowa, Sanders took New Hampshire and Biden won South Carolina.

Out at last: Elizabeth Warren took 36 hours to bow to the inevitable, finally quitting the presidential race Thursday morning after a disastrous Super Tuesday

Boost? Joe Biden and Bernie Sanders are now clear to go against each other - and both were in talks with Elizabeth Warren for her endorsement

Boost? Joe Biden and Bernie Sanders are now clear to go against each other - and both were in talks with Elizabeth Warren for her endorsement

Boost? Joe Biden and Bernie Sanders are now clear to go against each other – and both were in talks with Elizabeth Warren for her endorsement

She has reportedly been in talks with both Biden and Sanders about her endorsement, a value that will could make her the kingmaker in the Democratic primary, particularly if she bestows it on the former vice president.

Biden has already sealed endorsements from Buttigieg, Amy Klobuchar, Beto O’Rourke, and Mike Bloomberg.

Warren, a favorite of the progressives, was never able to capture the liberal left like Sanders did.

Her blessing to him would rally the left flank of the party to his side and boost his battle against Biden.

Sanders said on Wednesday he had spoken to Warren that day and she was assessing her campaign.

‘It is important, I think, for all of us… to respect the time and the space that she needs to make her decision,’ he said.

Warren also spoke with Biden on Wednesday.

President Trump had attacked Warren as ‘selfish’ for not dropping out of the race, claiming her presence was a move by the party to keep Sanders from becoming the nominee since they both appeal to the same voting block.

He accused her of playing a spoiler role in the primary process.

‘So Elizabeth Warren was the single biggest factor in that election last night and it would have been a very different thing and not in a positive way for her,’ Trump said at the White House Wednesday.

Trump had made her the subject of attacks as ‘Pocahontas’ after her botched defense of claims she had Native American heritage, which ended in a DNA test showing that she was likely to be 1,064th Indian.

Tulsi Gabbard remains the lone female candidate in the primary race but her campaign has faltered. She has not appeared on the debate stage in months, barely makes the polls, and only netted a single delegate on Super Tuesday – from American Samoa where she was born.

 Warren was the last surviving woman among the major candidates however, staying in long past Kirsten Gillibrand, Kamala Harris, and Klobuchar.

Last woman running: Tulsi Gabbard, the Hawaii congresswoman, remains in the race but has garnered just one delegate - from American Samoa

Last woman running: Tulsi Gabbard, the Hawaii congresswoman, remains in the race but has garnered just one delegate – from American Samoa

President Trump repeatedly attacked Elizabeth Warren as 'Pocahontas,' based on her claim of Native American DNA, which a test proved false

 

President Trump repeatedly attacked Elizabeth Warren as ‘Pocahontas,’ based on her claim of Native American DNA, which a test proved false

Her departure will likely raise questions about how Democrats – who brag about their diversity – came down to having two white males as their final contenders for the nomination.

Warren did, in effect, drive Mike Bloomberg from the race.

She decimated him on the debate stage, demanding to know why he wouldn’t release women from the disclosures they signed after complaints about a hostile work environment.

She demanded to know how many women and why he wouldn’t release them, leaving Bloomberg fumbling for an answer and damaging his campaign prospects.

Bloomberg exited the race on Wednesday after pouring nearly a billion dollars in trying to sweep the Super Tuesday contests – only to win American Samoa. He also endorsed Biden.

Warren was known for her policy proposals – ‘I have a plan for that’ was practically her campaign slogan – and her long lines of supporters wanting selfies.

But her many proposals also became part of her down fall. Her rivals pummeled her on her Medicare for All universal health care plan, demanding to how she would pay for it and why people who liked their insurance should give it up.

WHO ARE THE 3 DEMOCRATS RUNNING FOR PRESIDENT IN 2020?

JOE BIDEN

Age on Inauguration Day 2021: 78

Entered race: April 25, 2019

Career: No current role. A University of Delaware and Syracuse Law graduate, he was first elected to Newcastle City Council in 1969, then won upset election to Senate in 1972, aged 29. Was talked out of quitting before being sworn in when his wife and daughter died in a car crash and served total of six terms. Chaired Judiciary Committee’s notorious Clarence Thomas confirmation hearings. Ran for president in 1988, pulled out after plagiarism scandal, ran again in 2008, withdrew after placing fifth in the Iowa Caucuses. Tapped by Obama as his running mate and served two terms as vice president. Contemplated third run in 2016 but decided against it after his son died of brain cancer.

Family: Eldest of four siblings born to Joe Biden Sr. and Catherine Finnegan. First wife Neilia Hunter and their one-year-old daughter Naomi died in car crash which their two sons, Joseph ‘Beau’ and Robert Hunter survived. Married Jill Jacobs in 1976, with whom he has daughter Ashley. Beau died of brain cancer in 2015. Hunter’s marriage to Kathleen Buhle, with whom he has three children, ended in 2016 when it emerged Hunter was in a relationship with Beau’s widow Hallie, mother of their two children. Hunter admitted cocaine use; his estranged wife accused him of blowing their savings on drugs and prostitutes

Religion: Catholic

Views on key issues: Ultra-moderate who will emphasize bipartisan record. Will come under fire over record, having voted: to stop desegregation bussing in 1975; to overturn Roe v Wade in 1981; for now controversial 1994 Violent Crime Act; for 2003 Iraq War; and for banking deregulation. Says he is ‘most progressive’ Democrat. New positions include free college, tax reform, $15 minimum wage. No public position yet on Green New Deal and healthcare. Pro-gun control. Has already apologized to women who say he touched them inappropriately

Would make history as: Oldest person elected president

Slogan: Our Best Days Still Lie Ahead

TULSI GABBARD

Age on Inauguration Day: 39

Entered race: Still to formally file any papers but said she would run on January 11 2019

Career: Currently Hawaii congresswoman. Born on American Samoa, a territory. Raised largely in Hawaii, she co-founded an environmental non-profit with her father as a teenager and was elected to the State Legislature aged 21, its youngest member in history. Enlisted in the National Guard and served two tours, one in Iraq 2004-2006, then as an officer in Kuwait in 2009. Ran for Honolulu City Council in 2011, and House of Representatives in 2012

Family: Married to her second husband, Abraham Williams, a cinematographer since 2015. First marriage to childhood sweetheart Eduardo Tamayo in 2002 ended in 2006. Father Mike Gabbard is a Democratic Hawaii state senator, mother Carol Porter runs a non-profit.

Religion: Hindu

Views on key issues: Has apologized for anti-abortion and anti-gay marriage views; wants marijuana federally legalized; opposed to most U.S. foreign interventions; backs $15 minimum wage and universal health care; was the second elected Democrat to meet Trump after his 2016 victory

Would make history as: First female, Hindu and Samoan-American president; youngest president ever

Slogan: Lead with Love 

BERNIE SANDERS

Age on Inauguration Day: 79

Entered race: Sources said on January 25, 2019, that he would form exploratory committee. Officially announced February 19

Career: Currently Vermont senator. Student civil rights and anti-Vietnam activist who moved to Vermont and worked as a carpenter and radical film-maker. Serial failed political candidate in the 1970s, he ran as a socialist for mayor of Burlington in 1980 and served two terms ending in 1989, and win a seat in Congress as an independent in 1990. Ran for Senate in 2006 elections as an independent with Democratic endorsement and won third term in 2018. Challenged Hillary Clinton for the Democratic nomination in 2016 but lost. Campaign has since been hit by allegations of sexual harassment  – for which he has apologized – and criticized for its ‘Bernie bro’ culture

Family: Born to a Jewish immigrant father and the daughter of Jewish immigrant parents in Brooklyn, New York. First marriage to college sweetheart Deborah Shiling Messing in 1964 ended in divorce in 1966; had son Levi in 1969 with then girlfriend Susan Cambell Mott. Married Jone O’Meara in 1988 and considers her three children, all adults, his own. The couple have seven grandchildren. His older brother Larry is a former Green Party councilor in Oxfordshire, England. 

Religion: Secular Jewish 

Views on key issues: Openly socialist and standard bearer for the Democratic party’s left-turn. Wants federal $15 minimum wage; banks broken up; union membership encouraged; free college tuition; universal health care; re-distributive taxation; he opposed Iraq War and also U.S. leading the fight against ISIS and wants troops largely out of Afghanistan and the Middle East

Would make history as: Oldest person elected president; first Jewish president

Slogan: Not me. Us.

AND THE 26 WHO HAVE WITHDRAWN 

MICHAEL BENNET, Colorado senator

  • Entered race: May 2, 2019 
  • Quit:  February 12, 2019, evening of New Hampshire primary

MIKE BLOOMBERG

Entered race: November 24, 2019

Quit: March 4, 2020, day after Super Tuesday primaries

CORY BOOKER, New Jersey Senator 

  • Entered race: February 1, 2019
  • Quit: January 13, 2020 

STEVE BULLOCK, Montana governor 

  • Entered race: May 14, 2019 
  • Quit: December 2, 2019

PETE BUTTIGIEG, former mayor of South Bend, Indiana

Entered race: January 23, 2019

Quit: March 1, 2020, day after South Carolina primary 

JULIÁN CASTRO, former Housing Secretary

  • Entered race: January 18, 2019
  • Quit: January 2, 2020 

BILL DE BLASIO, New York City mayor 

  • Entered race: May 16, 2019
  • Quit: September 20, 2020

JOHN DELANEY, former Maryland Congressman

  • Entered race: July 8, 2017
  • Quit: January 31, 2019 

KIRSTEN GILLIBRAND, New York senator

  • Entered race: January 16, 2019
  • Quit: August 28, 2019

 MIKE GRAVEL, Former Alaska governor

  • Entered race: April 2,2019
  • Quit: August 2, 2019 

KAMALA HARRIS,California senator  

  • Entered race: January 21, 2019
  • Quit: December 3, 2019 

JOHN HICKENLOOPER, Former Colorado governor

  • Entered race: March 4, 2019
  • Quit: August 15, 2019 

JAY INSLEE, Washington governor 

  • Entered race: March 1, 2019
  • Quit: August 21, 2019

AMY KLOBUCHAR, Minnesota senator 

  • Entered race: February 19, 2019
  • Quit: March 2, 2020 

WAYNE MESSAM, mayor of Miramar, Florida 

  • Entered race: March 28, 2019
  • Quit: November 20, 2019 

SETH MOULTON, Massachusetts congressman

  • Entered race:  April 22,2019
  • Quit: August 23, 2019

RICHARD OJEDA, former West Virginia state senator

  • Entered race: November 12, 2018
  • Quit: January 25, 2019

BETO O’ROURKE, former Texas congressman

  • Entered race: March 14, 2019 
  • Quit: November 1, 2019  

DEVAL PATRICK, former Massachusetts governor 

  • Entered race: November 13, 2019
  • Quit:  February 13, 2019, morning after New Hampshire primary

TIM RYAN, Ohio congressman

  • Entered race: April 4, 2019
  • Quit: October 24, 2019

JOE SESTAK, former Pennsylvania congressman 

  • Entered race: June 23, 2019
  • Quit: December 1, 2019

 TOM STEYER, billionaire activist 

  • Entered race: July 9, 2019
  • Quit: February 29, 2020

ERIC SWALWELL, California congressman 

  • Entered race: April 8, 2019
  • Quit: July 8, 2019  

ELIZABETH WARREN, Massachusetts senator

Entered race: December 31, 2018

Quit: March 5, 2020, two days after Super Tuesday 

MARIANNE WILLIAMSON, author

  • Entered race: November 15, 2018
  • Quit: January 10, 2020 

ANDREW YANG, entrepreneur

 

 

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The Pronk Pops Show 1406, March 4, 2020, Story 1: President Trump Wins All 14 States and Over 740 Delegates On Super Tuesday and Has Total Delegates of 859 With 1,276 Delegates Needed To Win Republican Nomination for President — Americans Love A Winner — Videos — Story 2: Democrats Deeply Divided — Democratic Establishment Candidate Creepy Sleepy Dopey Joey Biden vs. Radical Extremist Democratic Socialist (REDS) Bernie Sanders — Lying Lunatic Leftist Losers vs. Trump The Winner — Americans Love A Winner — Videos — Story 3: Containing Circulating COVID-19 Communist Chinese Cough Crisis  Chaos — Do Not Touch Your Face and Wash Your Hands to Prevent Droplet Spreading and Infecting — Videos — Story 4: Federal Reserve Cuts Target Federal Fund Rate By 50 Basis Points or .5% To 1.00% to 1.25% — Return of Easy Monetary Policy — Bubble Blowing — Is Quantitative Easing or Money Printing Next? — Absolutely — Videos– Story 5: United States Stock Market Corrected for Bubble Prices —  Stock Market Prices Surge

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Story 1: President Trump Wins All 14 States and Over 740 Delegates On Super Tuesday and Has Total Delegates of 859 With 1,276 Delegates Needed To Win Republican Nomination for President — Americans Love A Winner — Videos

Patton (1/5) Movie CLIP – Americans Love a Winner (1970) HD

President Trump delivers remarks at CPAC

President Trump speaks at the Conservative Political Action Conference.

President Donald Trump Sweeps Super Tuesday

The president picked up hundreds of delegates in an unsurprising victory in more than a dozen states.

Story 2: Democrats Deeply Divided — Democratic Establishment Candidate Creepy Sleepy Dopey Joey Biden vs. Radical Extremist Democratic Socialist (REDS) Bernie Sanders — Lying Lunatic Leftist Losers vs. Trump The Winner — Americans Love A Winner — Videos

See the source imageSee the source imageSee the source imageSee the source imageSee the source imageSee the source image

Super Tuesday results show clear two-man race for Democratic nomination

Rubio on Biden vs. Sanders: It’s either old Obama policies or Marxism

Trump calls Warren ‘selfish’ for staying in 2020 race

Mike Bloomberg drops out of the 2020 race

Gowdy: Biden only looks moderate because he is next to Bernie

NOT A JOKE: Biden Has Dementia?! | Louder with Crowder

 

Mike Bloomberg QUITS 2020 race after disastrous Super Tuesday saying winning is ‘impossible’ after spending $1 BILLION for just 44 delegates – and immediately endorses Joe Biden, while Elizabeth Warren ‘assesses her path forward’

  • Mike Bloomberg and  Elizabeth Warren are the dramatic losers on Super Tuesday
  • Bloomberg quit at 10.11am having spent $1 billion to only win 44 delegates
  • Warren came in third in her own state of Massachusetts and came in third in nearby Maine too; aides said she was ‘assessing the path forward’
  • Dramatic count in Texas ends with Joe Biden winning the state – securing a sensational comeback from the political dead after he joked: ‘They don’t call it Super Tuesday for nothing.’ 
  • Bernie Sanders seized a victory in California in the last act of a dramatic Super Tuesday which saw Joe Biden win state after state in landslides across the nation – only for his rival to take the biggest prize of all 
  • Biden started Super Tuesday off strong, sweeping a swath of the south after first winning Virginia then picking up North Carolina, Alabama, Oklahoma, Tennessee, Minnesota, Arkansas, Massachusetts and Texas
  • Sanders currently has four states under his belt: California, Vermont, Utah and Colorado 
  • Both Sanders and Biden claimed victory, and both said they will take the nomination 
  • The path to the nomination in Milwaukee now runs through a mini-Super Tuesday on March 10, when Missouri, Michigan, Washington and Mississippi vote

Mike Bloomberg dramatically quit the presidential race Wednesday morning after a disastrous Super Tuesday and immediately backed Joe Biden.

The billionaire gained just 44 delegates by 10.11am, the time he announced his departure – but ran up a bill of $1 billion.

He immediately and whole-heartedly backed Biden, the night’s big winner, hinting that his vast fortune is now at the former vice-president’s disposal.

‘I’ve always believed that defeating Donald Trump starts with uniting behind the candidate with the best shot to do it,’ he said.

‘I’ve known Joe for a very long time. I know his decency, his honesty, and his commitment to the issues that are so important to our country – including gun safety, health care, climate change, and good jobs.

‘Today I am glad to endorse him – and I will work to make him the next President of the United States.’

Democrats are also urging Elizabeth Warren to drop out after further pulling votes from frontrunners Biden and Bernie Sanders without winning any states – including her home of Massachusetts.

She was reported by NBC News to he holding talks with aides about ‘the path forward,’ suggesting that she too is on the brink.

And in yet another blow to Warren early Wednesday morning, Biden was declared winner in Maine, the last of the 14 Super Tuesday states to declare – and Warren did not even get the 15 per cent threshold to pick up delegates there.

In the White House Donald Trump took time out of the coronavirus crisis to send a string of mocking tweets about his richer would-be rival and notably about Bloomberg’s campaign aide Tim O’Brien. Trump had tried and failed to sue O’Brien for libel for writing in 2006 that he was not a real billionaire.

Bloomberg had been a late bloomer to the race.

Seeing the relative weakness of frontrunner Biden, and after first saying he would not run for the White House in 2020 the billionaire decided to jump in after all around Thanksgiving.

Out: Mike Bloomberg quit the race hours after a drubbing, saying: 'After yesterday’s results, the delegate math has become virtually impossible – and a viable path to the nomination no longer exists.'

Out: Mike Bloomberg quit the race hours after a drubbing, saying: ‘After yesterday’s results, the delegate math has become virtually impossible – and a viable path to the nomination no longer exists.’

Still not out: Elizabeth Warren - who lost her home state of Massachusetts to both Joe Biden and Bernie Sanders Tuesday night

 

 

 

I’M ALL IN FOR JOE – HOW BLOOMBERG QUIT

This is Bloomberg’s statement as he left the race  

Three months ago, I entered the race for President to defeat Donald Trump. 

Today, I am leaving the race for the same reason: to defeat Donald Trump – because it is clear to me that staying in would make achieving that goal more difficult.

I’m a believer in using data to inform decisions. After yesterday’s results, the delegate math has become virtually impossible – and a viable path to the nomination no longer exists. 

But I remain clear-eyed about my overriding objective: victory in November. 

Not for me, but for our country. And so while I will not be the nominee, I will not walk away from the most important political fight of my life. 

I’ve always believed that defeating Donald Trump starts with uniting behind the candidate with the best shot to do it. 

After yesterday’s vote, it is clear that candidate is my friend and a great American, Joe Biden. 

I’ve known Joe for a very long time. I know his decency, his honesty, and his commitment to the issues that are so important to our country – including gun safety, health care, climate change, and good jobs. 

I’ve had the chance to work with Joe on those issues over the years, and Joe has fought for working people his whole life. 

Today I am glad to endorse him – and I will work to make him the next President of the United States. 

Like another former New York City Mayor, Rudy Giuliani, who ran for the White House in 2008, Bloomberg decided to skip the first states that held primaries – Iowa, New Hampshire, Nevada and South Carolina.

But a change in the Democratic National Committee rules allowed for Bloomberg to still make the Las Vegas debate stage last month.

It was the first time for American voters to see Bloomberg the candidate outside the flurry of television ads his hundreds of millions had bought.

And while the expectation was for Sanders, a democratic socialist, to push back on Bloomberg being there, within the first 10 minutes Warren brought up some of the alleged sexist behavior from the ex-mayor’s past.

‘I’d like to talk about who we’re running against: A billionaire who calls women ‘fat broads’ and ‘horse-faced lesbians.’ And no, I’m not talking about Donald Trump. I’m talking about Mayor Bloomberg,’ Warren said. ‘Democrats are not going to win if we have a nominee who has a history of hiding his tax returns, of harassing women, and of supporting racist policies like redlining and stop and frisk.’

Warren’s debate performance was the beginning of the end.

The results of the single-biggest primary contest night essentially narrowed the field to a two-horse race with Biden edging Sanders.

On Super Tuesday, 14 states and the U.S. territory of American Samoa voted, and Bloomberg only walked away with a win in Samoa – where six delegates were up for grabs.

Every other state was won by either the former vice president or senator from Vermont.

The scale of Biden’s comeback is not in doubt – and neither is Sanders’ ability to keep going, possibly even to the convention in Milwaukee in July.

Biden began by winning state after state, and appeared to stumble when California went to Sanders just after the polls closed there at 8pm – 11pm Eastern.

For the two frontrunners, Sanders’ win in California initially threatened to upend the narrative of the night being a sensational comeback for Biden.

However, the state may yet deliver the kind of resounding win or delegate haul for Sanders that had been forecast.

Sanders had a strong lead, with 87 per cent of the vote in, Biden was running nearly 9 points ahead, and the Vermont senator had garnered over a million votes. In California, Bloomberg also slipped below the 15 per cent threshold he would need to hit in order to collect delegates.

There was a dramatic race playing out through the night in Texas, the night’s second biggest prize. Biden opened up a lead over Sanders early Wednesday morning.

By the time the race was called around 2 am, he was leading Sanders by 50,000 votes, with 89 per cent reporting. Biden was at 33 percent, Sanders was at 30 per cent, and Bloomberg was at 15 per cent – just enough to earn delegates.

As votes continued to come in Wednesday morning, Bloomberg had slipped below that 15 per cent.

There were long lines in Harris County, home to Houston, where Biden was running up strong margins. As in southern states, Biden was running up big margins with the state’s African American voters, but Sanders heavily targeted Latino voters in the state. Biden’s margin, however was bigger.

Some voters were online for six hours, in a state that had pared back polling locations. Biden cleaned up among those who decided who to back late – winning the group 49 to 20 per cent in the state.

Virginia Gov. Terry McAuliffe called it ‘astounding,’ noting that Biden didn’t spend ‘a penny’ there, speaking on CNN.

Biden staged a dramatic rally in Dallas Monday where he secured endorsements from former presidential rivals Amy Klobuchar and Beto O’Rourke. Earlier Monday, Pete Buttigieg had also endorsed the former vice president.

O’Rourke later took Biden out to a Whataburger, a regional chain, for a milkshake.

Across the map there were signs of Biden’s sudden revival.

Biden dealt a humiliating blow to Warren in her home state of Massachusetts – snagging at least 28 delegates out of the state and beating her in her backyard. She vowed to stay in the race all the way to the conventions even as more centrist candidates flocked to 77-year-old former vice president.

He also denied the prize to Sanders, who hails from a neighboring state.

Bloomberg was born there, and had actor Michael Douglas stumping for him in Boston.

But the region where he dominated was the south, with wins stretching from Virginia to Tennessee, Arkansas, Alabama, North Carolina, and Oklahoma. Biden scored a surprise win in Minnesota.

Warren, hosting a rally in downtown Detroit, called herself ‘the woman who’s going to beat Donald Trump.’

The final details of delegate distribution were yet to be determined as the night wore on. But Biden’s overwhelming performance, and the collapse of Bloomberg and Warren, immediately reset the race, with the prospect that Sanders and his political ‘revolution’ would be up against a long slog against the Demoratic establishment-backed candidate as he was against Hillary Clinton in 2016.

Biden rushed to win after win early in the night, with Virginia, North Carolina and Alabama falling in rapid succession.

He took Minnesota without spending a dime on advertising and despite being third in the polls until Amy Klobuchar dropped out on Sunday. She endorsed Biden on Monday.

‘Prediction has been a terrible business and pundits have gotten it wrong over and over,’ she said. ‘Here’s my advice. Cast a vote that will make you proud.’

Then Sanders took some western wins in Utah and Colorado and snared the biggest state of all.

Bernie Sanders seized a victory in California in the last act of a dramatic Super Tuesday which saw Joe Biden win state after state in landslides across the nation – only for his rival to take the biggest prize of all

Bernie Sanders seized a victory in California in the last act of a dramatic Super Tuesday which saw Joe Biden win state after state in landslides across the nation – only for his rival to take the biggest prize of all

Biden rushed to win after win early in the night, with Virginia, North Carolina and Alabama falling in rapid succession. He took Minnesota without spending a dime on advertising and despite being third in the polls until Amy Klobuchar dropped out on Sunday

As Biden raced to a series of state victories, Mike Bloomberg's campaign said he plans to 'reassess' whether he should stay in the race tomorrow. His aides said his campaign chiefs were considering their next move. Dropping out would hand a huge victory to Biden and also the potential for Bloomberg's almost unlimited resources to be thrown behind him immediately

s Biden raced to a series of state victories, Mike Bloomberg’s campaign said he plans to ‘reassess’ whether he should stay in the race tomorrow. His aides said his campaign chiefs were considering their next move. Dropping out would hand a huge victory to Biden and also the potential for Bloomberg’s almost unlimited resources to be thrown behind him immediately

TRUMP ROASTS HIS RIVALS AND TOASTS HIS OWN SUCCESS

Donald Trump skewered his critics while toasting his own successes on Twitter as results rolled in from Super Tuesday ballots across the country.

The President reserved most of his ire for ‘Mini’ Mike Bloomberg and Elizabeth ‘Pocahontas’ Warren, who both had poor showings in the polls.

Hitting out at fellow New York billionaire Bloomberg, Trump branded him ‘the biggest loser of the night, by far’.

‘His ‘political’ consultants took him for a ride,’ Trump tweeted.

‘$700 million washed down the drain, and he got nothing for it but the nickname Mini Mike, and the complete destruction of his reputation. Way to go Mike!’

Trump also took aim at Warren after she failed to win her home state of Massachusetts, landing her a distant third in the delegate stakes.

‘Elizabeth ‘Pocahontas’ Warren, other than Mini Mike, was the loser of the night. She didn’t even come close to winning her home state of Massachusetts,’ he wrote.

While Trump made sure to put down his rivals, he donated most of his energy to cheering his own successes – albeit while facing token opposition.

As each win rolled in he tweeted out a message of thanks to his supporters, while vowing to retake the presidency in November.

In Los Angeles, before California was called for Sanders, Biden took to the stage and cast himself the victor, regardless if Sanders took both California and Texas.

First, he mixed up his wife Jill and sister Valerie, a characteristic gaffe which has clearly done nothing to put off Democratic voters.

Biden declared: ‘It’s a great night and it seems to be getting even better. They don’t call it Super Tuesday for nothing!’

The former vice president recalled how just days ago the suggestion was that Super Tuesday would mark the end of his campaign.

‘Well it may be over for the other guy,’ Biden said, a clear shot at Sanders.

Energized, coherent and not put off even by two militant vegan protesters who ran onto the stage to protest against the dairy industry, he painted himself as the one Democrat who can take on Trump.

‘A lifelong Democrat, an Obama-Biden Democrat,’ he said to cheers – a pointed way to contrast himself to Sanders, who is an independent senator.

Jill Biden was captured in a photograph grabbing the protester by the arm and grimacing.  Symone Sanders, Sanders’ former press secretary who’s not a top Biden adviser, had rushed across the stage to pull a protester off.

It was a return in part to the early days of the race, when Biden held a strong polling lead before the first states voted and caucused. With Sanders on the rise days ago and party leaders warning the democratic socialist could seize the nomination Tuesday, forces coalesced around Biden in South Carolina.

A key factor was the endorsement there of James C. Clyburn, the state’s most senior African American elected official.

In Vermont, Sanders pinned his hopes on California, pivoting to a victory speech and a string of attacks on Biden.

‘Tonight I tell you with absolute confidence we are going to win the Democratic nomination,’ he said.

The path to the nomination in Milwaukee now runs through a mini-Super Tuesday on March 10, when Missouri, Michigan, Washington and Mississippi vote.

Sanders had appeared to be ahead in Michigan but Biden’s upset in Minnesota is likely to weigh heavily there, and the combined demographic of African-Americans and disaffected blue collar voters could play to Biden’s strengths.

The following Tuesday, March 17, offers another selection of massive delegate counts when Florida, Illinois and Ohio all vote, along with Arizona.

The following week, March 24, sees Georgia vote, which Biden’s southern firewall should make a surefire victory.

For Sanders, the loss of momentum from a rocky Super Tuesday could be critical.

In 2016 he stayed in by rallying his base and railing against an ‘establishment’ determined not to give him the nomination and to install an ‘inevitable’ candidate in Hillary Clinton.

That may be more difficult as he faces in Biden an opponent whose comeback narrative offers him some of the advantages of the underdog, and whose narrative of empathy and standing up for those who were left behind overlaps with Sanders’ more radical rhetoric.

The string of endorsements Biden has garnered in the last few days from centrist party figures, including three of his former rivals, have been crucial in driving momentum.

In Los Angeles, before California was called for Sanders', Biden took to the stage and cast himself the victor, regardless if Sanders took California and Texas

Energized, coherent and not put off even by two militant vegan protesters (pictured) who ran onto the stage to protest against the dairy industry, Biden painted himself as the one Democrat who can take on Trump

Energized, coherent and not put off even by two militant vegan protesters (pictured) who ran onto the stage to protest against the dairy industry, Biden painted himself as the one Democrat who can take on Trump

Biden's early lead caused a dramatic shift and left Sanders, until last week the frontrunner, clinging to the hope of doing well in California before polls closed in the nation's most populous state. Shortly after polls in California closed, he was named the winner

Biden's campaign had suggested that the key to Super Tuesday was to minimize Sanders' lead and a Virginia victory appeared to put them on the path to that goal. The sign of momentum for the former vice president came as he saw a boost in last-minute opinion polls despite having trailed Sanders in recent weeks

WARREN LOSES HER HOME STATE

Elizabeth Warren’s campaign for president fell flat on Super Tuesday as she was unable to win even her home state of Massachusetts.

Warren lost to both Joe Biden – whose South Carolina win Saturday night restored his frontrunner status – and Bernie Sanders, who represents neighboring state Vermont. Warren was in third place with 22 per cent of the vote with 70 per cent of the votes counted.

‘Predictions are a terrible business. Pundits have gotten it wrong over and over,’ Warren told the Michigan crowd. ‘Cast a vote that will make you proud. Vote from your heart. And vote for the person who you think will make the best president of the United States.’

During her final rally in California Monday night, Warren dismissed the surging Biden as a same-old, same-old Washington politician.

Sanders supporters cheer as they hear election results during a party held at Central Machine Works Brewery in Austin, Texas

Sanders supporters cheer as they hear election results during a watch party held at Central Machine Works Brewery in Austin, Texas - a state he eventually lost to Biden

Supporters of Bernie Sanders look over Super Tuesday election results at a campaign center in Denver, Colorado

Supporters of Democratic Presidential hopeful Massachusetts Senator Elizabeth Warren attend a rally in Detroit

Tulsi Gabbard, a congresswoman from Hawaii, remains in the race though has only campaigned sporadically. She did make a pitch to voters in American Samoa, where she was born, to vote for her Tuesday

Tulsi Gabbard, a congresswoman from Hawaii, remains in the race though has only campaigned sporadically. She did make a pitch to voters in American Samoa, where she was born, to vote for her Tuesday

People wait to vote during the presidential primary in Santa Monica, California on Super Tuesday

People wait to vote during the presidential primary in Santa Monica, California on Super Tuesday

Voters cast their ballots in the Democratic presidential primary election at a polling place in Armstrong Elementary School o in Herndon, Virginia

Rochelle Marks, 77, votes at a polling station on Super Tuesday in Beverly Hills, California

People line up to vote at a polling station on Super Tuesday in Beverly Hills, California

Students at the University of Vermont Franklin fill out voter registration forms at a polling place on Super Tuesday in Burlington, Vermont. At the close of the polls on Tuesday night, Sanders won his home state

Students at the University of Vermont Franklin fill out voter registration forms at a polling place on Super Tuesday in Burlington, Vermont. At the close of the polls on Tuesday night, Sanders won his home state

Voters cast their ballots at a polling location inside an elementary school in Minneapolis, Minnesota

Those included former Senate Democratic Leader Harry Reid, former Virginia Gov. Terry McAuliffe, Rep. Veronica Escobar of Texas, Sen. Tammy Duckworth of Illinois, Rep. Don Beyer of Virginia, Rep. Debbie Wasserman Schultz of Florida, former Sen. Barbara Boxer of California and Rep. Jennifer Wexton of Virginia, among others.

Now Biden will have Bloomberg out of his way in order to capture more moderate voters – and Bloomberg’s commitment to help him remove Trump from office.

President Trump, for his part, touted his string of Republican primary victories Tuesday night, tweeting his thanks after state after state was called in his favor.

The president only had token competition – former Massachusetts Gov. Bill Weld – in the Super Tuesday contests and one state, Virginia, canceled its GOP primary as Trump, like most incumbent presidents, is easily expected to win his party’s nomination.

Trump has played armchair pundit on Twitter as he’s watched the shake-up on the Democratic side.

‘Elizabeth “Pocahontas” Warren, other than Mini Mike, was the loser of the night. She didn’t even come close to winning her home state of Massachusetts. Well, now she can just sit back with her husband and have a nice cold beer!’ Trump tweeted early Wednesday.

The president relished the news that Bloomberg had bowed out.

‘Mini Mike Bloomberg just “quit” the race for President. I could have told him long ago that he didn’t have what it takes, and he would have saved himself a billion dollars, the real cost,’ Trump wrote. ‘Now he will pour money into Sleepy Joe’s campaign, hoping to save face.’

‘It won’t work!’ Trump said.

Biden talks with actor and comedian Keegan-Michael Key as he campaigns before his evening rally on Super Tuesday in LA

Meanwhile Bernie Sanders, who was earning frontrunner status, spoke to thousands at his rallies in Super Tuesday states including one Monday night in Minneapolis. With Amy Klobuchar out, her state is up for grabs

On Monday night at a really in Los Angeles Warren pitched herself as the candidate who could split the difference between Biden and Sanders. 'Voters deserve a choice of someone with unshakeable values who can also get things done and bring all kinds of Democrats along with her,' she argued

Voters from 14 states head to the polls on 'Super Tuesday,' with about a third of Democratic delegates at stake in a single day

WHO ARE THE 4 DEMOCRATS RUNNING FOR PRESIDENT IN 2020?

 

JOE BIDEN

Age on Inauguration Day 2021: 78

Entered race: April 25, 2019

Career: No current role. A University of Delaware and Syracuse Law graduate, he was first elected to Newcastle City Council in 1969, then won upset election to Senate in 1972, aged 29. Was talked out of quitting before being sworn in when his wife and daughter died in a car crash and served total of six terms. Chaired Judiciary Committee’s notorious Clarence Thomas confirmation hearings. Ran for president in 1988, pulled out after plagiarism scandal, ran again in 2008, withdrew after placing fifth in the Iowa Caucuses. Tapped by Obama as his running mate and served two terms as vice president. Contemplated third run in 2016 but decided against it after his son died of brain cancer.

Family: Eldest of four siblings born to Joe Biden Sr. and Catherine Finnegan. First wife Neilia Hunter and their one-year-old daughter Naomi died in car crash which their two sons, Joseph ‘Beau’ and Robert Hunter survived. Married Jill Jacobs in 1976, with whom he has daughter Ashley. Beau died of brain cancer in 2015. Hunter’s marriage to Kathleen Buhle, with whom he has three children, ended in 2016 when it emerged Hunter was in a relationship with Beau’s widow Hallie, mother of their two children. Hunter admitted cocaine use; his estranged wife accused him of blowing their savings on drugs and prostitutes

Religion: Catholic

Views on key issues: Ultra-moderate who will emphasize bipartisan record. Will come under fire over record, having voted: to stop desegregation bussing in 1975; to overturn Roe v Wade in 1981; for now controversial 1994 Violent Crime Act; for 2003 Iraq War; and for banking deregulation. Says he is ‘most progressive’ Democrat. New positions include free college, tax reform, $15 minimum wage. No public position yet on Green New Deal and healthcare. Pro-gun control. Has already apologized to women who say he touched them inappropriately

Would make history as: Oldest person elected president

Slogan: Our Best Days Still Lie Ahead

 

TULSI GABBARD

Age on Inauguration Day: 39

Entered race: Still to formally file any papers but said she would run on January 11 2019

Career: Currently Hawaii congresswoman. Born on American Samoa, a territory. Raised largely in Hawaii, she co-founded an environmental non-profit with her father as a teenager and was elected to the State Legislature aged 21, its youngest member in history. Enlisted in the National Guard and served two tours, one in Iraq 2004-2006, then as an officer in Kuwait in 2009. Ran for Honolulu City Council in 2011, and House of Representatives in 2012

Family: Married to her second husband, Abraham Williams, a cinematographer since 2015. First marriage to childhood sweetheart Eduardo Tamayo in 2002 ended in 2006. Father Mike Gabbard is a Democratic Hawaii state senator, mother Carol Porter runs a non-profit.

Religion: Hindu

Views on key issues: Has apologized for anti-abortion and anti-gay marriage views; wants marijuana federally legalized; opposed to most U.S. foreign interventions; backs $15 minimum wage and universal health care; was the second elected Democrat to meet Trump after his 2016 victory

Would make history as: First female, Hindu and Samoan-American president; youngest president ever

Slogan: Lead with Love 

 

BERNIE SANDERS

Age on Inauguration Day: 79

Entered race: Sources said on January 25, 2019, that he would form exploratory committee. Officially announced February 19

Career: Currently Vermont senator. Student civil rights and anti-Vietnam activist who moved to Vermont and worked as a carpenter and radical film-maker. Serial failed political candidate in the 1970s, he ran as a socialist for mayor of Burlington in 1980 and served two terms ending in 1989, and win a seat in Congress as an independent in 1990. Ran for Senate in 2006 elections as an independent with Democratic endorsement and won third term in 2018. Challenged Hillary Clinton for the Democratic nomination in 2016 but lost. Campaign has since been hit by allegations of sexual harassment  – for which he has apologized – and criticized for its ‘Bernie bro’ culture

Family: Born to a Jewish immigrant father and the daughter of Jewish immigrant parents in Brooklyn, New York. First marriage to college sweetheart Deborah Shiling Messing in 1964 ended in divorce in 1966; had son Levi in 1969 with then girlfriend Susan Cambell Mott. Married Jone O’Meara in 1988 and considers her three children, all adults, his own. The couple have seven grandchildren. His older brother Larry is a former Green Party councilor in Oxfordshire, England. 

Religion: Secular Jewish 

Views on key issues: Openly socialist and standard bearer for the Democratic party’s left-turn. Wants federal $15 minimum wage; banks broken up; union membership encouraged; free college tuition; universal health care; re-distributive taxation; he opposed Iraq War and also U.S. leading the fight against ISIS and wants troops largely out of Afghanistan and the Middle East

Would make history as: Oldest person elected president; first Jewish president

Slogan: Not me. Us.

ELIZABETH WARREN

Age on Inauguration Day: 71

Entered race:  Set up exploratory committee December 31, 2018

Career: Currently Massachusetts senator. Law lecturer and academic who became an expert on bankruptcy law and tenured Harvard professor. Ran for Senate and won in 2012, defeating sitting Republican Scott Brown, held it in 2018 60% to 36%. Was short-listed to be Hillary’s running mate and campaigned hard for her in 2016

Family: Twice-married mother of two and grandmother of three. First husband and father of her children was her high-school sweetheart. Second husband Bruce Mann is Harvard law professor. Daughter Amelia Tyagi and son Alex Warren have both been involved in her campaigns. Has controversially claimed Native American roots; DNA test suggested she is as little as 1,064th Native American

Religion: Raised Methodist, now described as Christian with no fixed church

Views on key issues: Was a registered Republican who voted for the party but registered as a Democrat in 1996. Pro: higher taxes on rich; banking regulation; Dream Act path to citizenship for ‘dreamers’; abortion and gay rights; campaign finance restrictions; and expansion of public provision of healthcare – although still to spell out exactly how that would happen. Against: U.S. presence in Afghanistan and Syria; liberalization of gambling

Would make history as: First female president 

Slogan: Warren Has A Plan For That

https://www.dailymail.co.uk/news/article-8074295/Democrats-tell-Mike-Bloomberg-Elizabeth-Warren-quit-Joe-Bidens-dramatic-comeback.html

 

Story 3: Containing Circulating COVID-19 Communist Chinese Cough Crisis  Chaos — Do Not Touch Your Face and Wash Your Hands to Prevent Droplet Spreading and Infecting You and Others — Videos

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“For most people a mask may actually risk catching the disease rather than preventing it” If you’re thinking about wearing a mask to protect yourself from the coronavirus, you may want to think again. One of the UK’s most senior health officials, Deputy Chief Medical Officer Dr Jenny Harries, has explained the best way of protecting yourself while going about your day to day routine. She’s also given detail answers to questions about the government’s plans to rely on the NHS if an epidemic happens. ► The UK is preparing for a potential epidemic – but will it be ready in time?:

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Coronavirus Disease 2019 (COVID-19)

What’s New

You can also keep up with CDC updates on Coronavirus Disease 2019 by signing up for email updatessyndicating available content, and subscribing to Coronavirus Disease 2019 RSS Feed.

 

https://www.cdc.gov/coronavirus/2019-ncov/whats-new-all.html

 

10 Things to Know About CORONAVIRUS COVID-19 + TOP 3 SOURCES to Follow—For

Family & Friends

These are the 10 things you MUST KNOW about CORONAVIRUS COVID-19 to keep your family safe. The video also explains why you should take this outbreak seriously and where to go for CREDIBLE INFORMATION to help you stay ahead of the news curve.

1) Coronavirus Covid-19 is not the flu, it’s not SARS, and it’s not MERS. It’s a completely new virus.

2) Coronavirus Covid-19 is 20x deadlier than the flu.

3) Although 81% of people experience mild symptoms, Coronavirus Covid-19 has a high complication rate.

4) If you contract the virus and you’re older, your chances of dying are higher. But young people in their 20’s and 30’s have died too, so don’t be complacent.

5) Coronavirus Covid-19 can have a very long incubation period, and it spreads asymptomatically.

6) Coronavirus Covid-19 spreads via droplets in the air and AEROSOL!

7) The R0 factor of this virus is incredibly high.

8) There have been reports out of Asia of people getting Covid-19 again, so recovering once does not guarantee immunity afterward.

9) In the United States, we are in the early part of the curve, where it looks like nothing much is happening.

10) Vaccines are not yet available and probably won’t be for 6-18 months, no matter what you read in the headlines.

*****3 TO FOLLOW***** Chris Martenson, Peak Prosperity: https://www.youtube.com/watch?v=QVQC1…

Dr. Roger Seheult, MedCram: https://www.youtube.com/watch?v=quDYb…

Dr. John Campbell, Retired: https://www.youtube.com/watch?v=cmIRM…

*****SOURCES***** Lessons from the Coronavirus outbreak in China 2019: https://jamanetwork.com/journals/jama…

Age of Coronavirus deaths: https://www.worldometers.info/coronav…

Outbreak country charts: https://www.zerohedge.com/geopolitica…

Why some Covid-19 cases are worse than others: https://www.the-scientist.com/news-op…

Too early to compare Coronavirus to Flu: https://www.pbs.org/newshour/health/w…

Covid-19 Coronavirus reinfection in Japan raises questions:

https://www.japantimes.co.jp/news/202… #coronavirus #covid19

 

 

WHO says coronavirus death rate is 3.4% globally, higher than previously thought

  • World health officials say the mortality rate for COVID-19 is 3.4% globally, higher than previous estimates of about 2%.
  • “Globally, about 3.4% of reported COVID-19 cases have died,” WHO Director-General Tedros Adhanom Ghebreyesus said during a press briefing at the agency’s headquarters in Geneva.

World health officials said Tuesday the mortality rate for COVID-19 is 3.4% globally, higher than previous estimates of about 2%.

“Globally, about 3.4% of reported COVID-19 cases have died,” WHO Director-General Tedros Adhanom Ghebreyesus said during a press briefing at the agency’s headquarters in Geneva. In comparison, seasonal flu generally kills far fewer than 1% of those infected, he said.

The World Health Organization had said last week that the mortality rate of COVID-19 can differ, ranging from 0.7% to up to 4%, depending on the quality of the health-care system where it’s treated. Early in the outbreak, scientists had concluded the death rate was around 2.3%.

During a press briefing Monday, WHO officials said they don’t know how COVID-19 behaves, saying it’s not like influenza. They added that while much is known about the seasonal flu, such as how it’s transmitted and what treatments work to suppress the disease, that same information is still in question when it comes to the coronavirus.

“This is a unique virus, with unique features. This virus is not influenza,” Tedros said Monday. “We are in uncharted territory.”

Dr. Mike Ryan, executive director of WHO’s health emergencies program, said Monday that the coronavirus isn’t transmitting the same exact way as the flu and health officials have been given a “glimmer, a chink of light” that the virus could be contained. 

“Here we have a disease for which we have no vaccine, no treatment, we don’t fully understand transmission, we don’t fully understand case mortality, but what we have been genuinely heartened by is that unlike influenza, where countries have fought back, where they’ve put in place strong measures, we’ve remarkably seen that the virus is suppressed,” Ryan said.

Do face masks work? Medical experts explain how to protect yourself from coronavirus

KEY POINTS
  • Epidemiologists and infectious disease experts have been at pains to emphasize against an unwarranted scramble for face masks in recent weeks.
  • South Korea, Italy and Iran have all recorded sharp upticks in cases of the coronavirus in recent days, with many other countries imposing travel restrictions on virus-hit areas worldwide.
  • Infections have now been reported in every continent except Antarctica.

GP: CHINA-HEALTH-VIRUS - 106419119 200203 EU

This photo taken on February 28, 2020 shows workers producing face masks at a factory in Handan in China’s northern Hebei province.
STR | AFP via Getty Images

Medical experts have urged people to stop panic buying face masks, warning that such equipment is not an effective way to protect yourself from the fast-spreading coronavirus.

The advice comes at a time of intensifying concern about COVID-19, which has killed more than 3,000 people worldwide since late last year.

The outbreak was first identified in Hubei province, China, where over 90% of the deaths have been reported. More recently, the virus has been spreading at a faster rate outside China than inside the country.

VIDEO02:38
Face mask shortage sparks global race to fulfill orders

The WHO has declared the outbreak a global health emergency, with almost 60 countries reporting cases of the coronavirus.

Epidemiologists and infectious disease experts have been at pains to emphasize against an unwarranted scramble for face masks in recent weeks, particularly because such hoarding behavior elevates the prospect of an equipment shortage for medical workers.

“Seriously people — STOP BUYING MASKS!” U.S. Surgeon General Jerome Adams said via Twitter over the weekend.

“They are NOT effective in preventing general public from catching coronavirus, but if healthcare providers can’t get them to care for sick patients, it puts them and our communities at risk!”

U.S. Surgeon General

@Surgeon_General

Seriously people- STOP BUYING MASKS!

They are NOT effective in preventing general public from catching , but if healthcare providers can’t get them to care for sick patients, it puts them and our communities at risk!
http://bit.ly/37Ay6Cm 

Coronavirus Disease 2019 (COVID-19)

Coronavirus disease 2019 (COVID-19) is a virus (more specifically, a coronavirus) identified as the cause of an outbreak of respiratory illness first detected in Wuhan, China.

cdc.gov

47.8K people are talking about this

The warning from America’s top doctor is consistent with medical advice from the U.S. Centers for Disease Control and Prevention, which has said there is no evidence to support wearing face masks.

Instead, Adams said “the best way to protect yourself and your community is with everyday preventative actions, like staying home when you are sick and washing hands with soap and water, to help slow the spread of the respiratory illness.”

‘Not a lot of evidence’ to support wearing face masks

It has been suggested wearing face masks could be useful if you’re sick in order to prevent you from sneezing or coughing into somebody’s face, David Heymann, who led WHO’s infectious disease unit at the time of the SARS epidemic in 2002-2003, said at a Chatham House press briefing last month.

But, “a mask that is used to stop getting an infection is sometimes not very effective because people take it off to eat, many times they are worn improperly (and) if they get wet and somebody sneezes on that mask it could pass through.

So, there is really not a lot of evidence (to support wearing masks).”

GP: THAILAND-CHINA-HEALTH-VIRUS 200204 EU
Children with face masks wash their hands before prayer at Erawan shrine, a popular spritual landmark in Bangkok on January 27, 2020.
MLADEN ANTONOV | AFP via Getty Images

“One of the most important ways of stopping respiratory outbreaks such as this is washing hands,” Heymann continued.

That’s because “if you touch a patient, if you shake hands, if you touch a door that has a droplet on it — which could theoretically happen — then you touch your face (or) your mouth and you become infected.”

“So, handwashing is the most important. And second is, people who are suspected as being patients, be very careful when you are dealing with them. Avoid face-to-face contact and wash hands when you’re treating,” Heymann said.

“It is very important that people understand that they can prevent themselves from being infected if they follow a few simple measures,” he added.

‘Don’t touch your face’

South Korea, Italy and Iran have all recorded sharp upticks in cases of the coronavirus in recent days, with many other countries imposing travel restrictions on virus-hit areas worldwide.

Infections have now been reported in every continent except Antarctica.

Emily Landon, medical director for infection control at the University of Chicago Medical Center, told CNBC late last week that face masks were “not a great choice” for everyday use.

“First of all, there are multiple different kind of face masks. There is the surgical mask that people wear that doesn’t really seal up very well. That’s super good if you put it on the patient who’s sick because that will contain their secretions and protect everyone around them.”

“However, if you are the one who wants to protect yourself, those N95 masks … are much better,” Landon said.

Face masks should be worn by people who show symptoms: University of Chicago Medical Director
“You need to be fit-tested in order to know exactly which size you should be wearing, you have to be trained on how to wear it properly and they can get pretty uncomfortable, so they are not a great choice for just going out in the public,” she continued.

“Keeping your hands clean so that you don’t touch your face no matter what things you are touching with your hands is a really important piece of preventing infection in hospitals, in schools and everywhere you go.”

“Soap and water works really well. It can dry your hands out a little bit more but when you do it, you want to do it right. That means getting your hands wet with warm water, cleaning them, getting all of the surfaces with soap for 20 seconds — that’s a full time through ‘Happy Birthday’ — and then also rinsing them off afterwards,” Landon said.

https://www.cnbc.com/2020/03/02/coronavirus-do-face-masks-work-and-how-to-stop-it-from-spreading.html?recirc=taboolainternal

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https://www.cnbc.com/2020/03/03/dow-futures-show-300-point-pop-as-early-super-tuesday-results-favor.html

 

 

Trump Job Approval Relapses Amid Coronavirus Threat: IBD/TIPP Poll

Impeachment couldn’t stop President Donald Trump’s job approval from rising, but the coronavirus might. As Americans’ near-term view of the economy soured in February, amid worry over the coronavirus and a Dow Jones correction, Trump’s job approval rating relapsed.

President Trump Job Approval

Just 41% of Americans approve of how President Trump is handling his job, while 54% disapprove, the March IBD/TIPP Poll finds. That negative 13-point differential has nearly doubled in the past month. In late January, Trump’s job approval registered 44% and disapproval 51%.

Now just 37% of independents give Trump positive reviews, while 57% disapprove. That’s down from 39%-53% in late January.

Trump Job Approval Slumps With Economic Outlook

The drop in Trump’s job approval coincides with a sudden shift in the economic outlook. The U.S. economic outlook just suffered its biggest one-month drop since October 2013 amid spread of the coronavirus, the March IBD/TIPP Poll finds.

The six-month economic outlook index fell to a modestly pessimistic 47.8 from a strongly optimistic 57. Readings above the neutral 50 level reflect optimism.

Trump continues to get positive ratings for his handling of the economy, with 47% approving and 35% disapproving. Still, that’s a big comedown from late January. Back then, 53% of Americans rated his handling of the U.S. economy as good or excellent, while just 28% give him a negative rating.

Trump Slips In Matchups Vs. Democrats

Joe Biden leads Trump 49% to 46%, the March IBD/TIPP Poll finds, after Trump had cut the margin to 49%-48% in late January.

Sanders now leads Trump 49% to 47%, having trailed 47%-49% a month earlier. Warren leads Trump 48% to 46%, a reversal of her 46%-50% deficit.

Still, a narrow popular vote edge would not necessarily translate into an Electoral College victory for Democrats.

Trump leads all Democrats among self-described investors, with a four-point lead over Biden. He leads Sanders by seven points.

The IBD/TIPP Poll reflects responses from 908 adults contacted via mobile phones and landlines from Feb. 20-29 and carries a 3.3-point margin of error.

Please follow Jed Graham on Twitter at @IBD_JGraham for coverage of economic policy and financial markets.

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https://www.investors.com/politics/trump-job-approval-relapses-amid-coronavirus-threat-ibd-tipp-poll/

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Stock market index

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A comparison of three major U.S. stock indices: the NASDAQ CompositeDow Jones Industrial Average, and S&P 500 Index. All three have the same height at March 2000. The NASDAQ spiked during the dot-com bubble in the late 1990s, a result of the large number of technology companies on that index.

stock index or stock market index is an index that measures a stock market, or a subset of the stock market, that helps investors compare current price levels with past prices to calculate market performance.[1] It is computed from the prices of selected stocks (typically a weighted arithmetic mean).

Two of the primary criteria of an index are that it is investable and transparent:[2] The method of its construction are specified. Investors can invest in a stock market index by buying an index fund, which are structured as either a mutual fund or an exchange-traded fund, and “track” an index. The difference between an index fund’s performance and the index, if any, is called tracking error. For a list of major stock market indices, see List of stock market indices.

Types of indices

Stock market indices may be classified in many ways. A ‘world’ or ‘global’ stock market index — such as the MSCI World or the S&P Global 100 — includes stocks from multiple regions. Regions may be defined geographically (e.g., Europe, Asia) or by levels of industrialization or income (e.g., Developed Markets, Frontier Markets).

A ‘national’ index represents the performance of the stock market of a given nation—and by proxy, reflects investor sentiment on the state of its economy. The most regularly quoted market indices are national indices composed of the stocks of large companies listed on a nation’s largest stock exchanges, such as the S&P 500 Index in the United States, the Nikkei 225 in Japan, the NIFTY 50 in India, and the FTSE 100 in the United Kingdom.

Many indices are regional, such as the FTSE Developed Europe Index or the FTSE Developed Asia Pacific Index. Indexes may be based on exchange, such as the NASDAQ-100 or groups of exchanges, such as the Euronext 100 or OMX Nordic 40.

The concept may be extended well beyond an exchange. The Wilshire 5000 Index, the original total market index, includes the stocks of nearly every public company in the United States, including all U.S. stocks traded on the New York Stock Exchange (but not ADRs or limited partnerships), NASDAQ and American Stock Exchange. The FTSE Global Equity Index Series includes over 16,000 companies.[3]

Indices exist that track the performance of specific sectors of the market. Some examples include the Wilshire US REIT Index which tracks more than 80 real estate investment trusts and the NASDAQ Biotechnology Index which consists of approximately 200 firms in the biotechnology industry. Other indices may track companies of a certain size, a certain type of management, or more specialized criteria such as in fundamentally based indexes.

Ethical stock market indices

Several indices are based on ethical investing, and include only companies that meet certain ecological or social criteria, such as the Calvert Social IndexDomini 400 Social IndexFTSE4Good IndexDow Jones Sustainability Index, STOXX Global ESG Leaders Index, several Standard Ethics Aei indices, and the Wilderhill Clean Energy Index.[4]

In 2010, the Organisation of Islamic Cooperation announced the initiation of a stock index that complies with Sharia‘s ban on alcohol, tobacco and gambling.[5]

Strict mechanical criteria for inclusion and exclusion exist to prevent market domination, such as in Canada when Nortel was permitted to rise to over 30% of the TSE 300 index value.

Ethical indices have a particular interest in mechanical criteria, seeking to avoid accusations of ideological bias in selection, and have pioneered techniques for inclusion and exclusion of stocks based on complex criteria.

Another means of mechanical selection is mark-to-future methods that exploit scenarios produced by multiple analysts weighted according to probability, to determine which stocks have become too risky to hold in the index of concern.

Critics of such initiatives argue that many firms satisfy mechanical “ethical criteria”, e.g. regarding board composition or hiring practices, but fail to perform ethically with respect to shareholders, e.g. Enron. Indeed, the seeming “seal of approval” of an ethical index may put investors more at ease, enabling scams. One response to these criticisms is that trust in the corporate management, index criteria, fund or index manager, and securities regulator, can never be replaced by mechanical means, so “market transparency” and “disclosure” are the only long-term-effective paths to fair markets. From a financial perspective, it is not obvious whether ethical indices or ethical funds will out-perform their more conventional counterparts. Theory might suggest that returns would be lower since the investible universe is artificially reduced and with it portfolio efficiency. On the other hand, companies with good social performances might be better run, have more committed workers and customers, and be less likely to suffer reputation damage from incidents (oil spillages, industrial tribunals, etc.) and this might result in lower share price volatility.[6] The empirical evidence on the performance of ethical funds and of ethical firms versus their mainstream comparators is very mixed for both stock[7][8] and debt markets.[9]

Presentation of index returns

Some indices, such as the S&P 500 Index, have returns shown calculated with different methods.[10] These versions can differ based on how the index components are weighted and on how dividends are accounted. For example, there are three versions of the S&P 500 Index: price return, which only considers the price of the components, total return, which accounts for dividend reinvestment, and net total return, which accounts for dividend reinvestment after the deduction of a withholding tax.[11]

The Wilshire 4500 and Wilshire 5000 indices have five versions each: full capitalization total return, full capitalization price, float-adjusted total return, float-adjusted price, and equal weight. The difference between the full capitalization, float-adjusted, and equal weight versions is in how index components are weighted.[12][13]

Weighting of stocks within an index

An index may also be classified according to the method used to determine its price. In a price-weighted index such as the Dow Jones Industrial AverageNYSE Arca Major Market Index, and the NYSE Arca Tech 100 Index, the share price of each component stock is the only consideration when determining the value of the index. Thus, price movement of even a single security will heavily influence the value of the index even though the dollar shift is less significant in a relatively highly valued issue, and moreover ignoring the relative size of the company as a whole. In contrast, a Capitalization-weighted index (also called market-value-weighted) such as the S&P 500 Index or Hang Seng Index factors in the size of the company. Thus, a relatively small shift in the price of a large company will heavily influence the value of the index.

Capitalization- or share-weighted indices have a full weighting, i.e. all outstanding shares were included. Many indices are based on a free float-adjusted weighting.

An equal-weighted index is one in which all components are assigned the same value.[14] For example, the Barron’s 400 Index assigns an equal value of 0.25% to each of the 400 stocks included in the index, which together add up to the 100% whole.[15]

modified capitalization-weighted index is a hybrid between capitalization weighting and equal weighting. It is similar to a capitalization weighting with one main difference: the largest stocks are capped to a percent of the weight of the total stock index and the excess weight will be redistributed equally amongst the stocks under that cap. In 2005, Standard & Poor’s introduced the S&P Pure Growth Style Index and S&P Pure Value Style Index which was attribute-weighted. That is, a stock’s weight in the index is decided by the score it gets relative to the value attributes that define the criteria of a specific index, the same measure used to select the stocks in the first place. For these two indexes, a score is calculated for every stock, be it their growth score or the value score (a stock cannot be both) and accordingly they are weighted for the index.[16]

Criticism of capitalization-weighting

One argument for capitalization weighting is that investors must, in aggregate, hold a capitalization-weighted portfolio anyway. This then gives the average return for all investors; if some investors do worse, other investors must do better (excluding costs).[17]

Investors use theories such as modern portfolio theory to determine allocations. This considers risk and return and does not consider weights relative to the entire market. This may result in overweighting assets such as value or small-cap stocks, if they are believed to have a better return for risk profile. These investors believe that they can get a better result because other investors are not very good. The capital asset pricing model says that all investors are highly intelligent, and it is impossible to do better than the market portfolio, the capitalization-weighted portfolio of all assets. However, empirical tests conclude that market indices are not efficient.[citation needed] This can be explained by the fact that these indices do not include all assets or by the fact that the theory does not hold. The practical conclusion is that using capitalization-weighted portfolios is not necessarily the optimal method.

As a consequence, capitalization-weighting has been subject to severe criticism (see e.g. Haugen and Baker 1991, Amenc, Goltz, and Le Sourd 2006, or Hsu 2006), pointing out that the mechanics of capitalization-weighting lead to trend following strategies that provide an inefficient risk-return trade-off.

Other stock market index weighting schemes

While capitalization-weighting is the standard in equity index construction, different weighting schemes exist. While most indices use capitalization-weighting, additional criteria are often taken into account, such as sales/revenue and net income, as in the Dow Jones Global Titan 50 Index.

As an answer to the critiques of capitalization-weighting, equity indices with different weighting schemes have emerged, such as “wealth”-weighted (Morris, 1996), Fundamentally based indexes (Robert D. Arnott, Hsu and Moore 2005), “diversity”-weighted (Fernholz, Garvy, and Hannon 1998) or equal-weighted indices.[18]

Indices and passive investment management

Passive management is an investing strategy involving investing in index funds, which are structured as mutual funds or exchange-traded funds that track market indices.[19] The SPIVA (S&P Indices vs. Active) annual “U.S. Scorecard”, which measures the performance of indices versus actively managed mutual funds, finds the vast majority of active management mutual funds underperform their benchmarks, such as the S&P 500 Index, after fees.[20][21] Since index funds attempt to replicate the holdings of an index, they eliminate the need for — and thus many costs of — the research entailed in active management, and have a lower churn rate (the turnover of securities, which can result in transaction costs and capital gains taxes).

Unlike a mutual fund, which is priced daily, an exchange-traded fund is priced continuously, is optionable, and can be sold short.[22]

Lists

References

  1. ^ Caplinger, Dan (January 18, 2020). “What Is a Stock Market Index?”The Motley Fool.
  2. ^ Lo, Andrew W. (2016). “What Is an Index?”. Journal of Portfolio Management42 (2): 21–36. doi:10.3905/jpm.2016.42.2.021.
  3. ^ “FTSE Global Equity Index Series (GEIS)”FTSE Russell.
  4. ^ Divine, John (February 15, 2019). “7 of the Best Socially Responsible Funds”U.S. News & World Report.
  5. ^ Haris, Anwar (November 25, 2010). “Muslim-Majority Nations Plan Stock Index to Spur Trade: Islamic Finance”Bloomberg L.P.
  6. ^ Oikonomou, Ioannis; Brooks, Chris; Pavelin, Stephen (2012). “The impact of corporate social performance on financial risk and utility: a longitudinal analysis” (PDF)Financial Management41 (2): 483–515. doi:10.1111/j.1755-053X.2012.01190.xISSN 1755-053X.
  7. ^ Brammer, Stephen; Brooks, Chris; Pavelin, Stephen (2009). “The stock performance of America’s 100 best corporate citizens” (PDF)The Quarterly Review of Economics and Finance49 (3): 1065–1080. doi:10.1016/j.qref.2009.04.001ISSN 1062-9769.
  8. ^ Brammer, Stephen; Brooks, Chris; Pavelin, Stephen (2006). “Corporate social performance and stock returns: UK evidence from disaggregate measures” (PDF)Financial Management35 (3): 97–116. doi:10.1111/j.1755-053X.2006.tb00149.xISSN 1755-053X.
  9. ^ Oikonomou, Ioannis; Brooks, Chris; Pavelin, Stephen (2014). “The effects of corporate social performance on the cost of corporate debt and credit ratings” (PDF)Financial Review49 (1): 49–75. doi:10.1111/fire.12025ISSN 1540-6288.
  10. ^ “Index Literacy”S&P Dow Jones Indices.
  11. ^ “Methodology Matters”S&P Dow Jones Indices.
  12. ^ “Indexes”Wilshire Associates.
  13. ^ “Dow Jones Wilshire > DJ Wilshire 5000/4500 Indexes > Methodology”Wilshire Associates.
  14. ^ Edwards, Tim; Lazzara, Craig J. (May 2014). “Equal-Weight Benchmarking: Raising the Monkey Bars” (PDF)S&P Global.
  15. ^ Fabian, David (November 14, 2014). “Checking In On Equal-Weight ETFs This Year”Benzinga.
  16. ^ S&P methodology via Wikinvest
  17. ^ Sharpe, William F. (May 2010). “Adaptive Asset Allocation Policies”CFA Institute.
  18. ^ “Practice Essentials – Equal Weight Indexing” (PDF)S&P Dow Jones Indices.
  19. ^ Schramm, Michael (September 27, 2019). “What Is Passive Investing?”Morningstar, Inc.
  20. ^ “SPIVA U.S. Score Card”S&P Dow Jones Indices.
  21. ^ THUNE, KENT (July 3, 2019). “Why Index Funds Beat Actively Managed Funds”Dotdash.
  22. ^ Chang, Ellen (May 21, 2019). “How to Choose Between ETFs and Mutual Funds”U.S. News & World Report.

External links

 Media related to Stock market indexes at Wikimedia Commons

https://en.wikipedia.org/wiki/Stock_market_index

 

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U.S. Influenza Surveillance System: Purpose and Methods

The Influenza Division at CDC collects, compiles and analyzes information on influenza activity year-round in the United States. FluView, a weekly influenza surveillance report, and FluView Interactive, an online application which allows for more in-depth exploration of influenza surveillance data, are updated each week. The data presented each week are preliminary and may change as more data is received.

The U.S. influenza surveillance system is a collaborative effort between CDC and its many partners in state, local, and territorial health departments, public health and clinical laboratories, vital statistics offices, healthcare providers, clinics, and emergency departments. Information in five categories is collected from eight data sources in order to:

  • Find out when and where influenza activity is occurring;
  • Determine what influenza viruses are circulating;
  • Detect changes in influenza viruses; and
  • Measure the impact influenza is having on outpatient illness, hospitalizations and deaths.

It is important to maintain a comprehensive system for influenza surveillance for the following reasons:

  • Influenza viruses are constantly changing (referred to as antigenic drift), and thus ongoing data collection and characterization of the viruses are required;
  • Influenza viruses can also undergo an abrupt, major change (referred to as antigenic shift) that results in a virus that is different than currently circulating influenza viruses; surveillance of viruses will detect these changes and inform the public health response;
  • Vaccines must be administered annually and are updated regularly based on surveillance findings;
  • Treatment for influenza is guided by laboratory surveillance for antiviral resistance; and
  • Influenza surveillance and targeted research studies are used to monitor the impact of influenza on different segments of the population (e.g. age groups, underlying medical conditions).

Surveillance System Components

1. Virologic Surveillance

U.S. World Health Organization (WHO) Collaborating Laboratories System and the National Respiratory and Enteric Virus Surveillance System (NREVSS) – Approximately 100 public health and over 300 clinical laboratories located throughout all 50 states, Puerto Rico, Guam, and the District of Columbia participate in virologic surveillance for influenza through either the U.S. WHO Collaborating Laboratories System or NREVSS.  Influenza testing practices differ in public health and clinical laboratories and each source provides valuable information for monitoring influenza activity.  Clinical laboratories primarily test respiratory specimens for diagnostic purposes and data from these laboratories provide useful information on the timing and intensity of influenza activity.  Public health laboratories primarily test specimens for surveillance purposes to understand what influenza virus types, subtypes, and lineages are circulating and the age groups being affected.

All public health and clinical laboratories report each week to CDC the total number of respiratory specimens tested for influenza and the number positive for influenza viruses, along with age or age group of the person, if available.  Data presented from clinical laboratories include the weekly total number of specimens tested, the number of positive influenza tests, and the percent positive by influenza virus type.  Data presented from public health laboratories include the weekly total number of specimens tested and the number positive by influenza virus type and subtype/lineage.  In order to obtain specimens in an efficient manner, public health laboratories often receive samples that have already tested positive for an influenza virus at a clinical laboratory.  As a result, monitoring the percent of specimens testing positive for an influenza virus in a public health laboratory is less useful (i.e., we expect a higher percent positive). In order to use each data source most appropriately and to avoid duplication, reports from public health and clinical laboratories are presented separately in both FluView and FluView Interactive.

The age distribution of influenza positive specimens reported from public health laboratories is visualized in FluView Interactive.  The number and proportion of influenza virus-positive specimens by influenza A subtype and influenza B lineage are presented by age group (0-4 years, 5-24 years, 25-64 years, and ≥65 years) each week and cumulative totals are provided for the season.

Additional laboratory data for current and past seasons and by geographic level (national, Department of Health and Human Services (HHS) region, and state) are available on FluView Interactive.

Virus Characterization – Most U.S. viruses submitted for virus characterization come from state and local public health laboratories. Due to Right Size Roadmapexternal icon considerations, specimen submission guidance to public health laboratories for the 2019-2020 season is that, if available, 2 influenza A(H1N1)pdm09, 3 influenza A(H3N2), and 2 influenza B viruses be submitted every other week. Therefore, the numbers of each virus type/subtype characterized should be more balanced across subtypes/lineages but will not reflect the actual proportion of circulating viruses. The goal of antigenic and genetic characterization is to compare how similar the currently circulating influenza viruses are to the reference viruses representing viruses contained in the current influenza vaccines and to monitor evolutionary changes that continually occur in influenza viruses circulating in humans. For genetic characterization, all influenza-positive surveillance samples received at CDC undergo next-generation sequencing to determine the genetic identity of circulating influenza viruses and to monitor the evolutionary trajectory of viruses circulating in our population. Virus gene segments are classified into genetic clades/subclades based on phylogenetic analysis. However, genetic changes that classify the clades/subclades do not always result in antigenic changes. “Antigenic drift” is a term used to describe gradual antigenic change that occurs as viruses evolve to escape host immune pressure. Antigenic drift is evaluated using hemagglutination inhibition and/or neutralization based focus reduction assays to compare antigenic properties of cell-propagated reference viruses representing currently recommended vaccine components with those of cell-propagated circulating viruses.

CDC also tests a subset of the influenza viruses collected by public health laboratories for susceptibility to the neuraminidase inhibitor antivirals (oseltamivir, zanamivir, and peramivir) and the PA cap-dependent endonuclease inhibitor (baloxavir). Susceptibility to the neuraminidase inhibitors is assessed using next-generation sequencing analysis and/or a functional assay. Neuraminidase sequences of viruses are inspected to detect the presence of amino acid substitutions, previously associated with reduced or highly reduced inhibition by any of three neuraminidase inhibitorspdf iconexternal icon. In addition, a subset of viruses is tested using the neuraminidase inhibition assay with three neuraminidase inhibitors. The level of neuraminidase activity inhibition is reported using the thresholds recommended by the World Health Organization Expert Working Group of the Global Influenza Surveillance and Response System (GISRS)pdf iconexternal icon. These samples are routinely obtained for surveillance purposes rather than for diagnostic testing of patients suspected to be infected with an antiviral-resistant virus. Susceptibility to baloxavir is assessed using next-generation sequencing analysis to identify PA protein changes previously associated with reduced susceptibility to this medication; a subset of representative viruses is also tested phenotypically using a high-content imaging neutralization test.

Results of the antigenic and genetic characterization and antiviral susceptibility testing are presented in the virus characterization and antiviral resistance sections of the FluView report.

Surveillance for Novel Influenza A Viruses – In 2007, human infection with a novel influenza A virus became a nationally notifiable condition. Novel influenza A virus infections include all human infections with influenza A viruses that are different from currently circulating human seasonal influenza H1 and H3 viruses. These viruses include those that are subtyped as nonhuman in origin and those that cannot be subtyped with standard laboratory methods and reagents.  Rapid detection and reporting of human infections with novel influenza A viruses – viruses against which there is often little to no pre-existing immunity – is important to facilitate prompt awareness and characterization of influenza A viruses with pandemic potential and accelerate the implementation of public health responses to limit the transmission and impact of these viruses.

Newly reported cases of human infections with novel influenza A viruses are reported in FluView and additional information, including case counts by geographic location, virus subtype, and calendar year, are available on FluView Interactive.

2. Outpatient Illness Surveillance

Information on outpatient visits to health care providers for influenza-like illness is collected through the U.S. Outpatient Influenza-like Illness Surveillance Network (ILINet). ILINet consists of outpatient healthcare providers in all 50 states, Puerto Rico, the District of Columbia and the U.S. Virgin Islands reporting approximately 60 million patient visits during the 2018-19 season. Each week, approximately 2,600 outpatient healthcare providers around the country report data to CDC on the total number of patients seen for any reason and the number of those patients with influenza-like illness (ILI) by age group (0-4 years, 5-24 years, 25-49 years, 50-64 years, and ≥65 years). For this system, ILI is defined as fever (temperature of 100°F [37.8°C] or greater) and a cough and/or a sore throat without a known cause other than influenza. Sites with electronic health records use an equivalent definition as determined by public health authorities.

Additional data on medically attended visits for ILI for current and past seasons and by geographic level (national, HHS region, and state) are available on FluView Interactive.

The national percentage of patient visits to healthcare providers for ILI reported each week is calculated by combining state-specific data weighted by state population. This percentage is compared each week with the national baseline of 2.4% for the 2019-2020 influenza season. The baseline is developed by calculating the mean percentage of patient visits for ILI during non-influenza weeks for the previous three seasons and adding two standard deviations. A non-influenza week is defined as periods of two or more consecutive weeks in which each week accounted for less than 2% of the season’s total number of specimens that tested positive for influenza in public health laboratories.  Due to wide variability in regional level data, it is not appropriate to apply the national baseline to regional data; therefore, region-specific baselines are calculated using the same methodology.

Regional baselines for the 2019-2020 influenza season are:

Region 1 — 1.9%
Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont

Region 2 — 3.2%
New Jersey, New York, Puerto Rico, and the U.S. Virgin Islands

Region 3 — 1.9%
Delaware, District of Columbia, Maryland, Pennsylvania, Virginia, and West Virginia

Region 4 — 2.4%
Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee

Region 5 — 1.9%
Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin

Region 6 — 3.8%
Arkansas, Louisiana, New Mexico, Oklahoma, and Texas

Region 7 — 1.7%
Iowa, Kansas, Missouri, and Nebraska

Region 8 — 2.7%
Colorado, Montana, North Dakota, South Dakota, Utah, and Wyoming

Region 9 — 2.4%
Arizona, California, Hawaii, and Nevada

Region 10— 1.5%
Alaska, Idaho, Oregon, and Washington

ILI Activity Indicator Map: — Data collected in ILINet are also used to produce a measure of ILI activity for all 50 states, Puerto Rico, the District of Columbia, and New York City. Activity levels are based on the percent of outpatient visits due to ILI in a jurisdiction compared with the average percent of ILI visits that occur during weeks with little or no influenza virus circulation (i.e., non-influenza weeks) in that jurisdiction.  The number of sites reporting each week is variable, therefore baselines are adjusted each week based on which sites within each jurisdiction provide data. To perform this adjustment, provider level baseline ratios are calculated for those that have a sufficient reporting history.  Providers that do not have the required reporting history are assigned the baseline ratio for their practice type.  The jurisdiction level baseline is then calculated using a weighted sum of the baseline ratios for each contributing provider.

The activity levels compare the mean reported percent of visits due to ILI for the current week to the mean reported percent of visits due to ILI for non-influenza weeks.  The 10 activity levels correspond to the number of standard deviations below, at or above the mean for the current week compared with the mean of the non-influenza weeks.  There are 10 activity levels classified as minimal (levels 1-3), low (levels 4-5), moderate (levels 6-7), and high (levels 8-10).  An activity level of 1 corresponds to values that are below the mean, level 2 corresponds to an ILI percentage less than 1 standard deviation above the mean, level 3 corresponds to ILI more than 1, but less than 2 standard deviations above the mean, and so on, with an activity level of 10 corresponding to ILI 8 or more standard deviations above the mean.

The ILI Activity Indicator map reflects the level of ILI activity, not the extent of geographic spread of flu, within a jurisdiction. Therefore, outbreaks occurring in a single city could cause the state to display high activity levels. In addition, data collected in ILINet may disproportionally represent certain populations within a state, and therefore, may not accurately depict the full picture of influenza activity for the whole state. Differences in the data presented here by CDC and independently by some state health departments likely represent differing levels of data completeness with data presented by the state likely being the more complete.

The ILI Activity Indicator Map displays state-specific activity levels for multiple seasons and allows a visual representation of relative activity from state to state.  More information is available on FluView Interactive.

3. Summary of the Geographic Spread of Influenza

State and territorial health departments report the estimated level of geographic spread of influenza activity in their jurisdictions each week through the State and Territorial Epidemiologists Report. This level does not measure the severity of influenza activity; low levels of influenza activity occurring throughout a jurisdiction would result in a classification of “widespread”.  Jurisdictions classify geographic spread as follows:

  • No Activity: No laboratory-confirmed cases of influenza and no reported increase in the number of cases of ILI.
  • Sporadic: Small numbers of laboratory-confirmed influenza cases or a single laboratory-confirmed influenza outbreak has been reported, but there is no increase in cases of ILI.
  • Local: Outbreaks of influenza or increases in ILI cases and recent laboratory-confirmed influenza in a single region of the state.
  • Regional: Outbreaks of influenza or increases in ILI and recent laboratory confirmed influenza in at least two but less than half the regions of the state with recent laboratory evidence of influenza in those regions.
  • Widespread: Outbreaks of influenza or increases in ILI cases and recent laboratory-confirmed influenza in at least half the regions of the state with recent laboratory evidence of influenza in the state.

Additional data displaying the influenza activity reported by state and territorial epidemiologists for the current and past seasons are available on FluView Interactive.

4. Hospitalization Surveillance

Laboratory confirmed influenza-associated hospitalizations in children and adults are monitored through the Influenza Hospitalization Surveillance Network (FluSurv-NET). FluSurv-NET conducts population-based surveillance for laboratory-confirmed influenza-related hospitalizations in children younger than 18 years of age (since the 2003-2004 influenza season) and adults (since the 2005-2006 influenza season). The network includes more than 70 counties in the 10 Emerging Infections Program (EIP) states (CA, CO, CT, GA, MD, MN, NM, NY, OR, and TN) and additional Influenza Hospitalization Surveillance Project (IHSP) states. The IHSP began during the 2009-2010 season to enhance surveillance during the 2009 H1N1 pandemic. IHSP sites included IA, ID, MI, OK and SD during the 2009-2010 season; ID, MI, OH, OK, RI, and UT during the 2010-2011 season; MI, OH, RI, and UT during the 2011-2012 season; IA, MI, OH, RI, and UT during the 2012-2013 season; and MI, OH, and UT during the 2013-2014 through 2019-20 seasons.

Cases are identified by reviewing hospital laboratory and admission databases and infection control logs for patients hospitalized during the influenza season with a documented positive influenza test (i.e., viral culture, direct/indirect fluorescent antibody assay (DFA/IFA), rapid influenza diagnostic test (RIDT), or molecular assays including reverse transcription-polymerase chain reaction (RT-PCR)). Data gathered are used to estimate age-specific hospitalization rates on a weekly basis and describe characteristics of persons hospitalized with influenza illness. The rates provided are likely to be an underestimate as influenza-related hospitalizations can be missed if testing is not performed.

Patient charts are reviewed to determine if any of the following categories of high-risk medical conditions are recorded in the chart at the time of hospitalization:

  • Asthma/reactive airway disease;
  • Blood disorder/hemoglobinopathy;
  • Cardiovascular disease;
  • Chronic lung disease;
  • Chronic metabolic disease;
  • Gastrointestinal/liver disease;
  • Immunocompromised condition;
  • Neurologic disorder;
  • Neuromuscular disorder;
  • Obesity;
  • Pregnancy status;
  • Prematurity (pediatric cases only);
  • Renal disease; and
  • Rheumatologic/autoimmune/inflammatory conditions.

During the 2017-18 season, seven FluSurv-NET sites (CA, GA, MN, NM, NYA, OH, OR) conducted random sampling to select cases ≥50 years for medical chart abstraction, while still performing full chart abstractions of all cases <50 years. During the 2018-19 season, six sites (CA, GA, NM, NYA, OH, OR) conducted random sampling of cases ≥65 years for medical chart abstraction. All other sites performed full chart abstractions on all cases. Data on age, sex, admission date, in-hospital death, and influenza test results were collected for all cases. For each season going forward, including 2019-20, sampling for medical chart abstraction may be considered in cases ≥50 years. In early January of each season, observed case counts across all FluSurv-NET sites will be compared against predetermined thresholds to determine whether sampling will be implemented for the season.

Additional FluSurv-NET data including hospitalization rates for multiple seasons and different age groups and data on patient characteristics (such as virus, type, demographic, and clinical information) are available on FluView Interactive.

5. Mortality Surveillance

National Center for Health Statistics (NCHS) mortality surveillance data – NCHS collects death certificate data from state vital statistics offices for all deaths occurring in the United States. Pneumonia and influenza (P&I) deaths are identified based on ICD-10 multiple cause of death codes.  NCHS surveillance data are aggregated by the week of death occurrence.  To allow for collection of enough data to produce a stable P&I percentage, NCHS surveillance data are released one week after the week of death.  The NCHS surveillance data are used to calculate the percent of all deaths occurring in a given week that had pneumonia and/or influenza listed as a cause of death. The P&I percentage for earlier weeks are continually revised and may increase or decrease as new and updated death certificate data are received from the states by NCHS.  The P&I percentage is compared to a seasonal baseline of P&I deaths that is calculated using a periodic regression model incorporating a robust regression procedure applied to data from the previous five years.  An increase of 1.645 standard deviations above the seasonal baseline of P&I deaths is considered the “epidemic threshold,” i.e., the point at which the observed proportion of deaths attributed to pneumonia or influenza was significantly higher than would be expected at that time of the year in the absence of substantial influenza-related mortality.

Additional pneumonia and influenza mortality data for current and past seasons and by geographic level (national, HHS region, and state) are available on FluView Interactive. Data displayed on the regional and state-level are aggregated by the state of residence of the decedent.

Influenza-Associated Pediatric Mortality Surveillance System — Influenza-associated deaths in children (persons less than 18 years of age) was added as a nationally notifiable condition in 2004. An influenza-associated pediatric death is defined for surveillance purposes as a death resulting from a clinically compatible illness that was confirmed to be influenza by an appropriate laboratory diagnostic test. There should be no period of complete recovery between the illness and death.  Demographic and clinical information are collected on each case and are transmitted to CDC.

Additional information on influenza-associated pediatric deaths including basic demographics, underlying conditions, bacterial co-infections, and place of death for the current and past seasons, is available on FluView Interactive.

Influenza Surveillance Considerations

It is important to remember the following about influenza surveillance in the United States.

  • All influenza activity reporting by public health partners and health-care providers is voluntary.
  • The reported information answers the questions of where, when, and what influenza viruses are circulating.  It can be used to determine if influenza activity is increasing or decreasing but does not directly report the number of influenza illnesses.  For more information regarding how CDC classifies influenza severity and the disease burden of influenza, please see Disease Burden of Influenza.
  • The system consists of eight complementary surveillance components in five categories. These components include reports from more than 350 laboratories, approximately 2,600 outpatient health care providers, the National Center for Health Statistics, research and healthcare personnel at the FluSurv-NET sites, and influenza surveillance coordinators and state epidemiologists from all state, local and territorial health departments.
  • Influenza surveillance data collection is based on a reporting week that starts on Sunday and ends on the following Saturday.  Each surveillance participant is requested to summarize weekly data and submit it to CDC by Tuesday afternoon of the following week. The data are then downloaded, compiled, and analyzed at CDC. FluView and FluView Interactive are updated weekly each Friday.

    For CDC/Influenza Division influenza surveillance purposes, the reporting period for each influenza season begins during Morbidity and Mortality Weekly Report (MMWR) week 40 and ends week 39 of the following year. MMWR weeks pdf icon[65 KB, 2 Pages]refer to the sequential numbering of weeks (Sunday through Saturday) during a calendar year. This means that the exact start of the influenza reporting period varies slightly from season to season. The 2019-2020 influenza season began on September 29, 2019 and will end on September 26, 2020.

  • “Flu season” — as determined by elevated flu activity – also varies from season to season. During most seasons, activity begins to increase in October, most often peaks between December and February and can remain elevated into May. The flu season is said to have started after consecutive weeks of elevated flu activity is registered in the various CDC influenza surveillance systems.

https://www.cdc.gov/flu/weekly/overview.htm

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Bloomberg Booster StoolSee the source image

See the source imageNinety-nine per cent of cases have been in China, where tens of millions of residents are in lockdown to contain the escalating crisis. The COVID-19 virus has killed at least 1,873 peopleSee the source image

 

Story 1: Send in the Clowns — Mini Mike Bloomberg Busted High Hopes — My Way or The Highway — Videos

See the source imageSee the source imageSee the source imageBloomberg The Farmer

Judy Collins Send in the Clowns

Send in the Clowns

Judy Collins

Isn’t it rich?
Are we a pair?
Me here at last on the ground,
You in mid-air,
Where are the clowns?
Isn’t it bliss?
Don’t you approve?
One who keeps tearing around,
One who can’t move,
Where are the clowns?
There ought to be clowns?
Just when I’d stopped opening doors,
Finally knowing the one that I wanted was yours
Making my entrance again with my usual flair
Sure of my lines
No one is there
Don’t you love farce?
My fault, I fear
I thought that you’d want what I want
Sorry, my dear!
But where are the clowns
Send in the clowns
Don’t bother, they’re here
Isn’t it rich?
Isn’t it queer?
Losing my timing this late in my career
But where are the clowns?
There ought to be clowns
Well, maybe next year
Source: LyricFind
Songwriters: Stephen Sondheim
Send in the Clowns lyrics © Warner Chappell Music, Inc

The Democratic Debate in About a Minute

Tucker: Bloomberg paid to be humiliated

Ingraham: Why Bloomberg is failing

Ari Fleischer gives Bloomberg these debate tips

Everything Mike Bloomberg Said at the Las Vegas Democratic Debate | NBC New York

Bernie Sanders and Michael Bloomberg spar at the open of the Democratic debate

Warren attacks Bloomberg over sexist comments and non-disclosure agreements

Mike Bloomberg at Tonight’s Debate | Mike Bloomberg for President

Frank Sinatra — High Hopes

“High Hopes” Frank Sinatra

Frank Sinatra – My Way (Live At Madison Square Garden, 1974)

And now the end is near
And so I face the final curtain
My friend, I’ll say it clear,
I’ll state my case of which I’m certain.
I’ve lived a life that’s full,
I travelled each and every highway,
And more, much more than this,
I did it My Way.
Regrets, I’ve had a few,
But then again too few to mention
Did what I had to do
And saw it through without exemption
Planned each charted course
Each careful step along the byway
And more, much more than this,
I did it My Way.
Yes there were times, I’m sure you knew
When I bit off more than I could chew
But through it all when there was doubt
I ate it up and spit it out
I faced it all and I stood tall
And did it My Way.
I’ve loved,
I’ve laughed and cried,
I’ve had my fill, my share of losing
And now as tears subside
I find it all so amusing
To think I did all that
And may I say not in a shy way
Oh no, oh no not me
I did it My Way
For what is a man, what has he got?
If not himself, then he has naught.
To say the things he truly feels;
And not the words of one who kneels.
The record shows
I took the blows –
And did it my way!
Source: LyricFind
Songwriters: Claude Francois / Gilles Thibaut / Jacques Revaux / Paul Anka
My Way lyrics © Warner Chappell Music France, Jeune Musique Editions, BMG Rights Management, Concord Music Publishing LLC

Calvin Harris – My Way (Official Video)

My Way

Calvin Harris

Why wait to say
At least I did it my way
Lie awake, two faced
But in my heart I understand
I made my move
And it was all about you
Now I feel so far removed
You were the one thing in my way
You were the one thing in my way
You were the one thing in my way
You were the one thing in my way
You were the one thing in my way
You were the one thing in my way
My way, oh way, oh way, oh way
My way, oh way, oh way, oh way
My way, oh way, oh way, oh way
My way, oh way, oh way, oh way
My way
My way
My way
Why wait to say
At least I did it my way
Lie awake, two faced
But in my heart I understand
I made my move
And it was all about you
Now I feel so far removed
You were the one thing in my way
You were the one thing in my way
You were the one thing in my way
You were the one thing in my way
You were the one thing in my way
You were the one thing in my way
My way, oh way, oh way, oh way
My way, oh way, oh way, oh way
My way, oh way, oh way, oh way
My way, oh way, oh way, oh way
My way
You were the one thing in my way
You were the one thing in my way
You were the one thing in my way
You were the one thing in my way
You were the one thing in my way
You were the one thing in my way
My way, oh way, oh way, oh way
My way, oh way, oh way, oh way
My way, oh way, oh way, oh way
My way, oh way, oh way, oh way
My way
My way, oh way, oh way, oh way
My way, oh way, oh way, oh way
My way, oh way, oh way, oh way
My way, oh way, oh way, oh way
Source: LyricFind
Songwriters: Calvin Harris
My Way lyrics © Sony/ATV Music Publishing LLC

Mike Bloomberg is declared the LOSER of the Democratic debate after his disastrous start and relentless attacks – while Warren and Sanders come away the winners

  • Pundits declared Bloomberg the loser of Wednesday night’s debate in Las Vegas 
  • Senators Warren and Sanders were declared the top two winners of the debate  
  • Warren attacked Bloomberg over the treatment of women at his company 
  • Sanders criticized the former NYC mayor over his past stop and frisk policy 
  • Pete Buttigieg was also declared a winner, while Biden and Klobuchar lost out 

 

Mike Bloomberg has been declared the loser of Democratic debate after Elizabeth Warren and Bernie Sanders relentlessly attacked the former New York mayor over his past ‘racist’ policies and treatment of women.

Six candidates took the stage Wednesday night in Las Vegas to face-off for a 5-to-1 face-off that ended disastrously for Bloomberg.

Pundits chose Bloomberg as the loser after he became the object of scorn, ridicule and contempt within the first five minutes of the debate.

What is becoming an increasingly bitter nomination fight, the Democratic presidential candidates focused their attacks on Bloomberg on the debate stage.

He has spent more than $400 million so far on advertising that in turn has given him strong standing in state and national polls.

Sanders recalled Bloomberg’s support of stop-and-frisk policing targeting minorities while Warren spoke about how Bloomberg had mocked women.

‘I’d like to talk about who we’re running against, a billionaire who calls women fat broads and horse-faced lesbians,’ Warren said.

Pundits chose Bloomberg as the loser of Wednesday night's debate after he became the object of scorn, ridicule and contempt within the first five minutes

Pundits chose Bloomberg as the loser of Wednesday night’s debate after he became the object of scorn, ridicule and contempt within the first five minutes

Six candidates took the stage Wednesday night in Las Vegas to face-off for a 5-to-1 face-off that ended disastrously for Bloomberg

Six candidates took the stage Wednesday night in Las Vegas to face-off for a 5-to-1 face-off that ended disastrously for Bloomberg

‘And no I’m not talking about Donald Trump, I’m talking about Mayor Bloomberg.’

Amy Klobuchar also quipped that, ‘I don’t think you look at Donald Trump and say I think we need someone richer in the White House’.

Former Vice President Joe Biden said Bloomberg condoned racist police practices, and Pete Buttigieg, the former mayor of South Bend, Indiana, said Bloomberg was trying to ‘buy out’ the Democratic Party.

But his biggest struggle came when Warren hammered him over allegations of sexism and mistreatment of women in his company.

Bloomberg attempted to defend his record and deflect the attacks on him by turning them into attacks on President Donald Trump.

And he effectively raised questions about whether Americans would embrace a socialist like Sanders.

CNN's Chris Cillizza compared Bloomberg's performance to that of a pro-wrestling match where 'everyone decided to gang up on a single wrestler in the ring - and that wrestler was totally and completely caught off-guard'

Cillizza also said the 'first hour of the debate was an absolute and total disaster for the former mayor' who was also the third most tweeted about candidate Wednesday night

Cillizza also said the ‘first hour of the debate was an absolute and total disaster for the former mayor’ who was also the third most tweeted about candidate Wednesday night

But the glare was harsh, and the attacks landed with force. Even if you are worth $60billion it is hard to win a 5-on-1 fight.

CNN’s Chris Cillizza said the ‘first hour of the debate was an absolute and total disaster for the former mayor’.

‘He looked lost at times – and those were the best times for him! Warren dunked on him repeatedly. Sanders slammed him. Biden bashed him,’ Cillizza wrote.

Cillizza compared Bloomberg’s performance to that of a pro-wrestling match where ‘everyone decided to gang up on a single wrestler in the ring – and that wrestler was totally and completely caught off-guard’.

ELIZABETH WARREN: RETURN OF THE FIGHTER (WINNER)

Warren rose to prominence in the Democratic field with a fighting spirit that defined the early months of her campaign. But her disappointing showings in Iowa and New Hampshire left her campaign struggling.

But on Wednesday, Warren got back in the fight.

She slammed Bloomberg – which was no surprise as she’s been an antagonist of billionaires playing in politics for years.

But Warren also attacked Klobuchar, saying her health care plan was just a ‘Post-it note’.

She accused Buttigieg of being in debt to his rich campaign supporters and having a healthcare plan that was just a ‘PowerPoint’ designed by his consultants.

Warren rose to prominence in the Democratic field with a fighting spirit that defined the early months of her campaign. But her disappointing showings in Iowa and New Hampshire left her campaign struggling. But on Wednesday, Warren got back in the fight

Warren rose to prominence in the Democratic field with a fighting spirit that defined the early months of her campaign. But her disappointing showings in Iowa and New Hampshire left her campaign struggling. But on Wednesday, Warren got back in the fight

Warren slammed also fellow liberal Sanders, accusing him of letting his supporters trash anyone with a plan. But it was her prosecutorial approach to Bloomberg over his company’s treatment of women that stood out.

She hit the former mayor hard when it came to his refusal to release women from the nondisclosure agreements with his company regarding complaints of a hostile working environment.

Warren was relentless, leaving the former mayor stumbling and fumbling for a response.

‘Anybody that does anything wrong in our company, we investigate it and if it’s appropriate, they’re gone that day,’ Bloomberg said.

‘Let me tell you what I do at my company and my foundation and in city government when I was there. In my foundation, the person that runs it is a woman, 70 per cent of the people there are women,’ he added.

She slammed Bloomberg - which was no surprise as she's been an antagonist of billionaires playing in politics for years. But Warren also attacked Klobuchar, saying her health care plan was just a 'Post-it note'

‘In my company, lots and lots of women have big responsibilities. They get paid exactly the same as men. In city hall, the top person, my deputy mayor was a woman and 40 per cent of our commissioners were women,’ he said.

Warren then hit him harder.

‘I hope you heard what his defense was. I’ve been nice to some women. That just doesn’t cut it. The mayor has to stand on his record. What we need to know is exactly what’s lurking out there,’ she said.

‘He has gotten some number of women, dozens, who knows, who sign nondisclosure agreements both for sexual harassment and for gender discrimination in the workplace.

Van Jones tweeted about Warren shortly after the debate, saying: ‘Elizabeth Warren needs Bloomberg like a “lion needs an antelope.” He is the human embodiment of everything she’s against. If @ewarren is effective at landing those blows, the air could very well come out of the Bloomberg bubble.’

BERNIE SANDERS: LEADING THE PACK (WINNER)

Sanders has continuously tried to cement himself as the Democratic frontrunner, and he may have just pulled that off, according to some pundits.

‘The ganging-up on Bloomberg was just fine for Sanders, who, in case you forgot, is the clear front-runner for the Democratic nomination,’ Cillizza wrote.

Before Wednesday night, Sanders has been hammering Bloomberg for weeks for trying to buy the election, though at a CNN town hall Tuesday night he wouldn’t guarantee he wouldn’t take Bloomberg’s money, which the billionaire candidate promised to the Democratic nominee, should he not be chosen for the job himself.

‘I don’t think we’re going to need that money,’ Sanders eventually said.

Sanders has sprung to the lead for the nomination in the RealClearPolitics polling average on the race with Biden in second and Bloomberg in third.

Sanders has continuously tried to cement himself as the Democratic frontrunner, and he may have just pulled that off, according to some pundits

Sanders has continuously tried to cement himself as the Democratic frontrunner, and he may have just pulled that off, according to some pundits

Sanders and Bloomberg locked horns on political philosophy during the debate, arguing over who’s a communist and who’s a socialist.

Bloomberg was defending his net worth, pointing out he earned it through ‘hard work’ and that he was giving his money away when Sanders argued the workers helped make that money.

‘Mr Bloomberg, it wasn’t you who made all that money. Maybe your workers played some role in that as well,’ Sanders said.

‘And it is important those workers are able to share the benefits also. When we have so many people who go to work every day and they feel not good about their jobs.

‘They feel like cogs in a machine. I want workers to be able to sit on corporate boards as well so they can have some say over what happens to their lives.’

MAYOR PETE BUTTIGIEG: THE GIFTED DEBATER (WINNER)

Some pundits crowned Buttigieg as one of Wednesday night’s winners.

‘Buttigieg is, without question, the most naturally gifted debater in the Democratic field, meaning he is simply not going to turn in a clunker. He was steady if not spectacular in this debate,’ Cillizza said.

According Cillizza, Buttigieg spent parts of the night taking on Sanders, which is a  ‘clear effort to send a signal to voters that he is the most credible alternative to the Vermont senator’.

Buttigieg, who finished in the top two in Iowa and New Hampshire with Sanders, reserved some of his harshest criticism for Sanders.

Some pundits crowned Buttigieg as one of Wednesday night's winners. Buttigieg, who finished in the top two in Iowa and New Hampshire with Sanders, reserved some of his harshest criticism for Sanders

Some pundits crowned Buttigieg as one of Wednesday night’s winners. Buttigieg, who finished in the top two in Iowa and New Hampshire with Sanders, reserved some of his harshest criticism for Sanders

He warned that Democrats could wake up after more than a dozen states vote on Super Tuesday on March 3 and have only Bloomberg and Sanders left on the ballot.

Buttigieg then quipped that the party may want to nominate ‘someone who is actually a Democrat’.

The crowd inside the Las Vegas casino hadn’t yet finished chuckling and hooting when he continued by saying Sanders ‘wants to burn this party down’ and Bloomberg ‘wants to buy this party out’.

Sanders, a senator from Vermont and avowed democratic socialist, responded by saying that Buttigieg’s campaign has been too reliant on ‘billionaire’ big donors, kicking off another intense exchange.

Their back and forth continued through criticism of Sanders supporters who have frequently been accused of bullying behavior online.

Sanders said he personally had denounced such behavior. This prompted Buttigieg to say he believed the senator but, ‘What it is it about your campaign in particular that seems to be motivating this type of behavior?’

On this night, Buttigieg had the most at stake, with Sanders standing in Nevada polls well ahead of the man who has run even with him in the first two contests.

AMY KLOBUCHAR: WHERE’S THE  KLOBENTUM? (LOSER)

The last debate was rocket fuel for Klobuchar. Her strong performance vaulted her to a third-place finish in New Hampshire and onto Nevada.

But it may be hard for lightning to strike twice.

The Minnesota senator was often drowned out in the high-octane bickering Wednesday, or pulled down into the mud.

At one point she pulled from her supply of ready quips, saying of Sanders and Bloomberg as they argued over capitalism that there is ‘a boxing rematch in Vegas on Saturday and these guys should go down there’.

The last debate was rocket fuel for Klobuchar. Her strong performance vaulted her to a third-place finish in New Hampshire and onto Nevada. But it may be hard for lightning to strike twice

The last debate was rocket fuel for Klobuchar. Her strong performance vaulted her to a third-place finish in New Hampshire and onto Nevada. But it may be hard for lightning to strike twice

The most damaging exchange was between Klobuchar and Buttigieg, who have tangled before.

When asked about her embarrassing gaffe in forgetting the name of Mexico’s president, she had to fend off Buttigieg, who claimed it disproved her argument that her work in Washington has prepared her to be president.

She also alternately scrapped with and aligned with Warren.

‘Are you calling me dumb?’ Klobuchar asked Buttigieg incredulously. Later, she added: ‘I wish everyone was as perfect as you, Pete.’

A little over a week ago in New Hampshire, Klobuchar clearly stood out. This time was much harder as everyone battled for survival.

FORMER VP JOE BIDEN: THE BYSTANDER (LOSER)

Another candidate in need of a big night to reverse perceptions that his campaign was struggling was Biden.

For a good portion of the debate, he receded. He joined in the attacks on Bloomberg, but largely avoided some of the more testy exchanges.

Biden called the stop and frisks ‘abhorrent’ and the former mayor admitted that it ‘got out of control’.

‘When we discovered – I discovered – that we were doing many, many – too many – stop and frisks, we cut 95 per cent of it out,’ Bloomberg asserted.

Another candidate in need of a big night to reverse perceptions that his campaign was struggling was Biden. For a good portion of the debate, he receded. He joined in the attacks on Bloomberg, but largely avoided some of the more testy exchanges

Another candidate in need of a big night to reverse perceptions that his campaign was struggling was Biden. For a good portion of the debate, he receded. He joined in the attacks on Bloomberg, but largely avoided some of the more testy exchanges

The former mayor said he is and was trying to ‘learn’ how to change policies to help continuing reduce crime in New York City.

Biden hit back at Bloomberg, claiming he couldn’t apologize it away and said it violated every right people posses.

‘Let’s get something straight. The reason that stop and frisk changed is because Barack Obama sent moderators to see what was going on. When we sent them there to say “this practice has to stop,” the mayor thought it was a terrible idea we send them there – a terrible idea,’ Biden said, invoking the name of one of the most famous Democrats.

‘It’s not whether he apologized or not, it’s the policy. The policy was abhorrent, and it was, in fact, a violation of every right people have,’ he said, claiming Bloomberg pushed back against stopping the policies.

‘He figured out it was a bad idea after we sent in monitors and said it must stop. Even then he continued the policy,’ Biden said on stage.

When Warren said that Biden was ‘in the pocket’ of Republican Mitch McConnell, the Senate majority leader, Biden fought back.

He also tried to return to his ‘Middle Class Joe’ biography about his family’s financial struggles.

Biden did not offer voters any new rationale for voting for him.

https://www.dailymail.co.uk/news/article-8023581/Mike-Bloomberg-declared-loser-Democratic-debate.html

Story 2: Roger Stone Sentenced To 40 Months in Prison For Lying To Congress in A Political Prosecution — Jury Foreperson Was Biased Trump Hating Democratic Activist — Miscarriage of Justice — Conviction Should Be Vacated — Videos —

Trump: Jury forewoman in Roger Stone case was ‘totally tainted’

Trump speaks in Las Vegas at ceremony for former prisoners, says what happened to Roger Stone was unbelievable.

Gowdy: No one believes Russia prefers Trump over ‘comrade Sanders’

Robert Ray expects it will be months before Roger Stone’s fate is settled

ROGER STONE SENTENCED: Friend of President Trump Gets 3 Years in Prison

Napolitano explains why Roger Stone is ‘absolutely entitled’ to a new trial

‘The Five’ panel gets heated over Roger Stone trial

Roger Stone gets THREE YEARS and four months but will not go straight to prison while he asks for a retrial – as federal judge rejects prosecutors’ demand for nine years but savages Donald Trump for interfering and says Stone ‘covered up for the president’

  • Roger Stone, 67, arrived at Washington’s federal court with his wife Nydia for sentencing hearing Thursday
  • Federal judge Amy Berman Jackson said his punishment for lying to Congress, witness tampering and obstruction will be 40 months in prison
  • But because he is asking for a retrial over claims of bias by the jury foreperson, the sentence will not take effect
  • Berman Jackson, an Obama appointee, said she had rejected prosecutors’ demand  for nine years on her – not because of outside pressure
  • That was a reference to Trump, who had raged about the initial demand – and for whom a 40 month sentence can be portrayed as a win
  • Judge issued a stunning rebuke not just of Stone but of Donald Trump himself for trying to interfere in the case
  • Case has plunged attorney general Bill Barr into crisis as he pleaded with Donald Trump to stop tweeting about it – and president refused
  • Within an hour of his arrival, Trump was tweeting again about the case this time suggesting the prosecution was unfair 
  • He claimed James Comey had lied to Congress but was not prosecuted 
  • Trump called himself the nation’s ‘chief law enforcement officer,’ and Barr was reported to be considering resigning 

Roger Stone swerved a federal prison cell Thursday despite a judge slapping the longtime Donald Trump ally with a 40-month sentence for lying to Congress – and savaging not just him but the president.

Stone was convicted last fall of lying to lawmakers over his efforts to procure stolen Democratic Party emails from WikiLeaks in 2016 to boost Donald Trump’s chances of becoming President.

The self-declared political dirty trickster was spared immediate incarceration Thursday while U.S. District Judge Amy Berman Jackson decides whether or not to grant his request for a retrial.

The sentence was far below the nine years demanded by the prosecution before that was over-ruled in a political tumult and furious tweets by Trump.

ROGER STONE DID A LOT WRONG: WHAT HE WAS CONVICTED OF

Roger Stone was found guilty on all charges of:

1. Obstruction of justice, lying to Congress and witness tampering by trying to get Randy Credico to lie to Congress. Sentenced to 40 months

2. Lying to Congress that he did not have emails or texts about Julian Assange. Sentenced to 12 months concurrent with the first count

3. Lying when he claimed his references to being in touch with Assange were actually about a ‘go-between’ – Randy Credico. Sentenced to 12 months concurrent with the first count

4. Lying that he didn’t ask his ‘go-between’ to communicate with Assange. Sentenced to 12 months concurrent with the first count

5. Lying that he didn’t text or email the ‘go-between’ about WikiLeaks. Sentenced to 12 months concurrent with the first count

6. Lying that he had never discussed conversation with his ‘go-between’ with anyone in the Trump campaign. Sentenced to 12 months concurrent with the first count

Instead she turned his sentencing hearing into a stunning rebuke not just of Stone but of the president himself, saying the prosecution was not brought by ‘political enemies,’ and that there was no ‘anti-Trump cabal’ at the hear of the case.

‘He was not prosecuted, as some have complained, for standing up for the president, he was prosecuted for covering up for the president,’ she said.

‘There was nothing unfair, phony or disgraceful about the investigation or the prosecution.’

Trump tweeted in rage against the prosecution accusing it of lacking ‘FAIRNESS’ as the hearing was under way in federal court in Washington D.C.

”They say Roger Stone lied to Congress.’ OH, I see, but so did Comey (and he also leaked classified information, for which almost everyone, other than Crooked Hillary Clinton, goes to jail for a long time), and so did Andy McCabe, who also lied to the FBI! FAIRNESS?’ the president tweeted.

It was unknown whether Berman Jackson was aware of his latest intervention but it came amid a case roiled by politics and mounting speculation Stone will be pardoned.

Even before she spoke, prosecutors staged their own revolt against the president calling the case ‘righteous’ and demanding a lengthy prison sentence despite their initial call for nine years being over-ruled by Attorney General Bill Barr in one of the main acts of an unfolding constitutional crisis.

Stone, 67, stood in silence as Jackson told a federal courtroom Washington, D.C. that he should spend 40 months -three years and four months – behind bars.

She had savaged him in his sentencing remarks – and rebuked the president himself, possibly for his tweet this morning which was during the first part of her hearing.

‘This case did not arise because Roger Stone was being prosecuted by his political enemies,’ Berman Jackson said.

She said Stone told ‘flat out lies,’ and that his conviction had nothing to do with whether Russia interfered in the 2016 election.

He was guilty of a ‘corrupt, unlawful,’ campaign to stop his lies being exposed when he threatened Randy Credico, who he named as his ‘go-between’ to Julian Assange, to stop Credico revealing the truth, that there was another go-between.

Stone was also guilty of withholding texts and emails from Congress, prompting Berman Jackson to again lash out at the president. 

Off home: Roger Stone left court to return to Florida

Free to go - for now: Roger Stone is escorted from the Washington D.C. federal courthouse after his sentencing. He remains gagged from speaking to the press

Happy outcome: A grinning Roger Stone left the court to get into a waiting car

On his way: Roger Stone steps out of the court and into the crowd after his sentencing

Not over: Roger Stone's case is not at an end because he has applied for a retrial, which the judge is considering. She went ahead with the sentencing and will rule later on his call for a fresh hearing

Crowd: Roger Stone walked through a crowd of waiting photographers and reporters as he left the court

Grinning: Roger Stone had shown no emotion as he was sentenced, and left the court building with a smile on his face

Grinning: Roger Stone had shown no emotion as he was sentenced, and left the court building with a smile on his face

Lightning rod: Federal judge Amy Berman Jackson will sentence Roger Stone in a case which has caused a crisis to engulf Bill Barr who pleaded with Donald Trump to let him do his job and stop the tweeting about his Department of Justice

Lightning rod: Federal judge Amy Berman Jackson will sentence Roger Stone in a case which has caused a crisis to engulf Bill Barr who pleaded with Donald Trump to let him do his job and stop the tweeting about his Department of Justice

Lightning rod: Federal judge Amy Berman Jackson will sentence Roger Stone in a case which has caused a crisis to engulf Bill Barr who pleaded with Donald Trump to let him do his job and stop the tweeting about his Department of Justice

And she pointed out that it was a Republican-led inquiry which he had initially defied.

Then she laced into the president, without naming him, saying it was right for sentencing to be done by a judge, ‘Not someone who has a longstanding friendship with the defendant, not someone whose political career was aided by the defendant.’

Stone was joined by a vast entourage led by his wife Nydia as he walked into the federal court, where his legal team has been bolstered by a Mafia lawyer who helped keep John Gotti Jr., head of the Gambino crime family and son of the ‘Teflon Don,’ out of prison.

Pro-Stone demonstrators brought a ‘pardon Roger stone’ banner which they held behind him when he arrived while counter-protesters tried to hurriedly erect an inflatable effigy of Trump as a rat as Stone arrived.

Hours before he arrived Trump launched another fusillade against Stone’s conviction, tweeting: ‘What has happened to Roger Stone should never happen to anyone in our country again.’

Trump’s tweets have plunged his own attorney general, Bill Barr, into a crisis over the rule of law, with the president declaring himself the ‘chief law enforcement officer,’ and demanding Barr ‘clean house.’

His wife Nydia was behind him in the courtroom as Stone, wearing a dark gray chalk stripe double-breasted suit, blue shirt with cutaway collar and sober gray tie, sat beside his attorneys.

Department of Justice attorneys had originally requested a far harsher punishment of seven to nine years only to see their recommendation ripped up by Attorney General William Barr, who drew praise from Trump for labeling it ‘excessive and unwarranted’.

The intervention sparked accusations of political interference, forcing Barr on the defensive as he denied bowing to White House influence and appealed for Trump to curb his explosive Twitter criticisms of Judge Jackson and the supposedly ‘tainted’ case against Stone.

More than 2,000 former justice department employees have since signed a petition calling on the Attorney General to resign.

The original prosecution foursome of Aaron Zelinsky, Jonathan Kravis, Adam Jed and Michael Marando were replaced for today’s proceedings at Washington, D.C. District Court, having all resigned in protest.

Stone’s sentencing got off to a rocky start when U.S. District Judge Amy Berman Jackson said that anyone in the court who did not have a medical reason to wear sunglasses should remove them. Stone had arrived in round sunglasses.

Jackson took the opportunity to grill prosecutors on why the Department of Justice decided last week to submit a second sentencing memorandum, a nod to Attorney General William Barr’s controversial decision to rip up the original seven to nine year recommendation submitted by his own attorneys.

It fell upon newly-assigned federal prosecutor John Crabb to apologize for the ‘miscommunication’, insisting that the original prosecution team – who resigned last week in protest – had acted in ‘good faith’.

Stone stood in silence as Jackson recalled the seven offences of which he was convicted: five counts of making false statements to Congress, a single count of obstructing a congressional proceeding and single count of witness tampering.

That final charge would be of particular significance as she warned Stone his sentence would likely be higher because it involved specific threats of violence.

Last November’s trial heard how Stone bullied the radio host Randy Credico into pleading the Fifth to avoid contradicting his 2016 testimony before Congress, branding him a ‘rat’ and threatening to take away his therapy dog.

Political point: An anti-Bill Barr protest was being made outside the federal court while Roger Stone was being sentenced - resulting in the advertising van being pulled over by D.C. cops

He's here: Roger Stone was accompanied by his wife Nydia and an almost 20-strong entourage as he arrived at federal court in Washington D.C. to be sentenced

In front of the protest: Roger and Nydia Stone walked past the inflatable Trump rat as they made their way into court

Grin and bear it: Roger Stone kept a fixed smile as he headed into court with his wife Nydia on his arm

Grin and bear it: Roger Stone kept a fixed smile as he headed into court with his wife Nydia on his arm

Raised a smile: Roger Stone's wife Nydia reacted positively to a group of supporters' banner calling for Donald Trump to issue the dirty trickster with a pardon

Raised a smile: Roger Stone’s wife Nydia reacted positively to a group of supporters’ banner calling for Donald Trump to issue the dirty trickster with a pardon

Arm-in-arm: Roger Stone wore a navy blue double-breasted topcoat with contrasting collar, blue cutaway collared shirt and sober gray tie, topped off with a black trilby as he arrived in court with Nydia, his second wife

 

Arm-in-arm: Roger Stone wore a navy blue double-breasted topcoat with contrasting collar, blue cutaway collared shirt and sober gray tie, topped off with a black trilby as he arrived in court with Nydia, his second wife

 

Asked if he had anything to say, Stone, dressed immaculately in a pinstripe suit, grey tie and suspenders, told Washington, D.C. District Court: ‘Your honor I choose not to speak at this time, thank you very much.’

Jackson slammed the 67-year-old defendant as an ‘insecure person who craves and recklessly pursues attention.’

‘This case did not arise because Roger Stone was being pursued by his political enemies,’ she added.

‘It arose because Roger Stone characteristically injected himself smack into the middle of one of the most significant issues of the day.’

Judge Jackson said Stone had interfered with matters of ‘grave national importance’ and repeatedly lied under oath. She characterized his defense as: ‘So what?’

‘Nothing about this case was a joke. It wasn’t funny,’ she cautioned.

‘This was not Roger being Roger. He lied to congress, he lied to elected representatives.’

The no-nonsense judge praised the ‘professionalism’ of the original four prosecutors, saying their recommendation was ‘true to the record’ and in line with Department of Justice guidelines.

However she agreed with Barr’s revision and said she was concerned seven to nine years would be ‘greater than necessary.’

She sentenced Stone to 40 months for obstruction, 12 months each for the counts of lying to Congress and 18 months for witness tampering, all sentences to be served concurrently.

He was also fined $20,000 and will have to serve two years’ probation. Federal rules means he has to give the court his tax returns.

Judge Jackson quizzed Crabb about how she came to receive two competing sentencing memorandums, noting that the original recommendation had never been formally withdrawn.

Crabb agreed and confirmed the prosecution was still asking for a substantial prison term for Stone, insisting the Justice Department had operated ‘without fear, favor or political influence’.

‘This prosecution was and is righteous,’ he said. ‘This confusion was not caused by the original trial team. There was nothing in bad faith about the prosecution team’s recommendation.’

Quizzed over who had ordered the new memorandum and why, Crabb replied: ‘What I understand is, there was a miscommunication between the Attorney General and the United States Attorney.’

Asked to explain who wrote the second memorandum, he repeatedly declined to say.

‘I cannot engage in discussions on internal deliberations,’ he said, to Judge Jackson’s obvious displeasure.

Ginsberg told the court that Stone had a history of ‘rough, provocative and hyperbolic language’ and that his threats to Credico should not influence his sentence, given that Credico and Stone went back decades and he knew Stone was ‘all bark and no bite.’

Judge Jackson disagreed, saying the sentencing seriousness level jumped from 14 to 27 because of Stone’s threats, witness tampering and efforts to disrupt justice.

‘The defendant refers to this as banter, which it hardly is,’ Jackson added, reeling off a list of insults Stone had directed toward Credico, including ‘rat’ and ‘c**sucker’.

She also slammed Stone over his repeated outbursts during last year’s prosecution, in particular his speaking out via InfoWars host Alex Jones to relay a message to Trump pleading for a pardon the night before he was found guilty.

That was in defiance of a gag order Judge Jackson had earlier slapped on Stone after he posted a mocked up photo of her face in rifle crosshairs online.

Jackson said Stone was deliberately trying to undermine proceedings and was stoking anger towards court officials, risking a scenario in which someone with ‘even less judgment’ could actually do something violent.

‘This is intolerable to the administration of justice. The court should not sit idly by, shrug its shoulders and say, that’s just Roger being Roger,’ she said.

Ratcheting up his sentencing level another two notches, she added: ‘It wasn’t an accident he had a staff that helped him do it. Using the new social media is his sweet spot.

‘He knew exactly what he was doing and in using Twitter and Instagram he deliberately magnified his message.’

Stone’s decades-long career on the shadier  margins of US politics appeared to be over last November after he was found guilty of five counts of making false statements to Congress and single counts of obstructing a congressional proceeding and witness tampering.

Jurors agreed the smooth-talking agent provocateur, who briefly served on Trump’s 2016 Presidential campaign, told a series of ‘whoppers’ when he testified before members of House Intelligence Committee investigating Russian collusion in the 2016 election.

Stone lied to lawmakers when he denied asking Julian Assange for the cache of Democratic Party messages stolen by Russian hackers and further lied about the identity of his go-between to the WikiLeaks founder.

He also concealed numerous texts, emails and telephone conversations in which he discussed WikiLeaks and Assange with then candidate-Trump and senior campaign figures including former White House chief strategist Steve Bannon, ex Campaign Chairman Paul Manafort and former campaign official Rick Gates.

In he goes: Roger Stone took off his trilby to enter court, where he will be sentenced

Acknowledgment: Roger Stone gave a salute to supporters outside court

Acknowledgment: Roger Stone gave a salute to supporters outside court

Tailored: Roger Stone revealed he is wearing a double-breasted dark gray chalk stripe suit under his navy blue double-breasted overcoat as he got out of his car before going into court

Counter-protest: Anti-Trump activists put up an inflatable effigy of the president as a rat in time for Roger Stone's arrival

 

Counter-protest: Anti-Trump activists put up an inflatable effigy of the president as a rat in time for Roger Stone’s arrival

Publicity opportunity: The Stone spectacle has also been a magnet for a local tour company whose placard made a return to the entrance to court for the sentencing

Publicity opportunity: The Stone spectacle has also been a magnet for a local tour company whose placard made a return to the entrance to court for the sentencing

Ready for the walk: Nydia Stone grasped her husband's arm as they prepared to walk into court

Ready for the walk: Nydia Stone grasped her husband’s arm as they prepared to walk into court

Trump praises Bill Bar for ‘taking charge’ of Roger Stone case
The trial heard Stone was trying to procure the emails as a way to win favor with Trump and help him beat Hillary Clinton to the White House.

The net result of him lying ‘over and over and over again’ was that the House Intelligence Committee was impeded in its inquiries and its final report into Russian election inference was inaccurate because it didn’t mention Stone’s true intermediary, prosecutors said.

The tampering charge referred to his effort to bully the comedian and radio host Randy Credico into pleading the Fifth so he would avoid contradicting Stone’s sworn September 26, 2017 testimony.

Stone had told lawmakers that Credico was his ‘back channel’ to WikiLeaks when it was actually the conspiracy theorist and author Jerome Corsi.

When Credico threatened to set the record straight, Stone branded him a ‘c**ksucker’, a ‘rat’ and urged the rattled comic to do a ‘Frank Pentangeli’, referencing a character in Godfather Part II who lies to a congressional committee to help the Corleone family before committing suicide.

He also took aim at Credico’s therapy dog Bianca, a 13-year-old Coton de Tulear, writing in an text message: ‘I’m going to take that dog away from you.’

Prosecutors cited the threats of physical harm and Stone’s repeated media outbursts attacking Judge Jackson as aggravating factors against the former Nixon campaign adviser who has the disgraced former president’s face permanently tattooed on his back.

However Credico was among those who argued against incarceration, saying in a January letter to the judge: ‘I never in any way felt that Stone himself posed a direct physical threat to me or to my dog.’

Tomeka Hart, a former Memphis City Schools Board President, stoked the flames further when she outed herself last Wednesday as the jury forewoman in a Facebook post voicing support for the overruled prosecutors.

‘I have kept my silence for months. Initially, it was for my safety. Then, I decided to remain silent out of fear of politicizing the matter,’ Hart wrote.

Back channels: Stone had fraudulently told lawmakers that Randy Credico, a left-wing radio comedian, was his 'back channel' to WikiLeaks when it was actually the conspiracy theorist and author Jerome Corsi (pictured)

Back channels: Stone had fraudulently told lawmakers that Randy Credico (pictured), a left-wing radio comedian, was his 'back channel' to WikiLeaks when it was actually the conspiracy theorist and author Jerome Corsi

Center of case: Roger Stone  also took aim at Randy Credico's therapy dog Bianca, a 13-year-old Coton de Tulear, writing in an text message: 'I'm going to take that dog away from you.'

‘But I can’t keep quiet any longer. I want to stand up for Aaron Zelinsky, Adam Jed, Michael Marando, and Jonathan Kravis – the prosecutors on the Roger Stone trial.

‘It pains me to see the DOJ now interfere with the hard work of the prosecutors. They acted with the utmost intelligence, integrity, and respect for our system of justice.

‘For that, I wanted to speak up for them and ask you to join me in thanking them for their service.’

Hart, it further emerged, had unsuccessfully ran for Congress as a Democrat in 2012 and had participated in anti-Trump rallies and protests.

She had frequently denounced Trump on social media, calling the President and his supporters racists, and posted emojis of hearts and fist pumps after finding Stone guilty last November.

Hart had also re-tweeted a post by pundit Bakari Sellers dismissing Stone’s claims that the FBI used excessive force when they arrested him at his Fort Lauderdale, Florida home in January 2019.

Sellers had listed black victims of ‘police force’, including Sandra Bland, Walter Scott and Eric Gardner, scoffing: ‘But Roger Stone!!! Think about that.’

Stone’s lawyers have already made one failed attempt to secure a re-trial, arguing that a completely different juror, an IRS employee who worked with the Justice Department on criminal tax cases, should have been struck.

The juror admitted reading news articles about Stone’s arrest but denied having any opinions about Stone when asked about it by Judge Jackson in court.

The defense had failed to demonstrate the ‘sort of inherent bias’ that would prompt a retrial, Judge Jackson ruled.

Stone entered the political arena in 1972 when he ditched his studies at George Washington University, supporting Nixon in his re-election campaign then landing a job on his administration.

In one of his first stunts he contributed $135 to one of Nixon’s Republican rivals in the name of the Young Socialist Alliance – then slipped the receipt to a journalist.

During congressional hearings into the Watergate scandal in 1973 it emerged Stone had recruited a spy to infiltrate the campaigns of several of Nixon’s Democratic rivals.

He was fired from his job with then-Senator Bob Dole but went on to work for several more presidential campaigns: those of Ronald Reagan, George H.W. Bush and, eventually, his longtime friend Donald Trump, who first hired Stone to lobby for his casino businesses in the 1990s.

The National Enquirer in 1996 revealed that Stone had placed ads on a swingers website seeking sex partners for himself and his second wife Nydia Bertran Stone, 72. Stone later referred to himself in an interview as ‘a libertarian and a libertine’ and a ‘trysexual – I’ve tried everything’.

The six Trump associates to be convicted in Mueller probe

GUILTY: ROGER STONE 

Convicted in November 2019 on seven counts including obstruction of justice, witness tampering, and lying to Congress about his communications with WikiLeaks. Sentenced to 40 months in prison. 

Stone was a person of interest to Mueller’s investigators long before his January 2019 indictment, thanks in part due to his public pronouncements as well as internal emails about his contacts with WikiLeks.

In campaign texts and emails, Stone communicated with associates about WikiLeaks following reports the organization had obtained a cache of Clinton-related emails. 

According to the federal indictment, Stone gave ‘false and misleading’ testimony about his requests for information from WikiLeaks. He then pressured a witness, comedian Randy Credico, to take the Fifth Amendment rather than testify, and pressured him in a series of emails. Following a prolonged dispute over testimony, he called him a ‘rat’ and threatened to ‘take that dog away from you’, in reference to Credico’s therapy dog, Bianca. Stone warned him: ‘Let’s get it on. Prepare to die.’  

GUILTY: MICHAEL FLYNN 

Pleaded guilty to making false statements in December 2017. Awaiting sentence

Flynn was President Trump’s former National Security Advisor and Robert Mueller’s most senior scalp to date. He previously served when he was a three star general as President Obama’s director of the Defense Intelligence Agency but was fired. 

He admitted to lying to special counsel investigators about his conversations with a Russian ambassador in December 2016. He has agreed to cooperate with the special counsel investigation.

GUILTY AND IN JAIL: MICHAEL COHEN

Pleaded guilty to eight counts including fraud and two campaign finance violations in August 2018. Pleaded guilty to further count of lying to Congress in November 2018. Sentenced to three years in prison and $2 million in fines and forfeitures in December 2018

Cohen was investigated by Mueller but the case was handed off to the Southern District of New York,leaving Manhattan’s ferocious and fiercely independent federal prosecutors to run his case. 

Cohen was Trump’s longtime personal attorney, starting working for him and the Trump Organization in 2007. He is the longest-serving member of Trump’s inner circle to be implicated by Mueller. Cohen professed unswerving devotion to Trump – and organized payments to silence two women who alleged they had sex with the-then candidate: porn star Stormy Daniels and Playboy model Karen McDougal. He admitted that payments to both women were felony campaign finance violations – and admitted that he acted at the ‘direction’ of ‘Candidate-1’: Donald Trump. 

He also admitted tax fraud by lying about his income from loans he made, money from  taxi medallions he owned, and other sources of income, at a cost to the Treasury of $1.3 million.

And he admitted lying to Congress in a rare use of the offense. The judge in his case let him report for prison on March 6 and  recommended he serve it in a medium-security facility close to New York City.

Campaign role: Paul Manafort chaired Trump's campaign for four months - which included the Republican National Convention in Cleveland in 2016, where he appeared on stage beside Trump who was preparing  to formally accept the Republican nomination

GUILTY AND IN JAIL: PAUL MANAFORT

Found guilty of eight charges of bank and tax fraud in August 2018. Sentenced to 47 months in March 2019. Pleaded guilty to two further charges – witness tampering and conspiracy against the United States. Jailed for total of seven and a half years in two separate sentences. Additionally indicted for mortgage fraud by Manhattan District Attorney, using evidence previously presented by Mueller. That indictment was dismissed by the DA is appealing

 Manafort worked for Trump’s campaign from March 2016 and chaired it from June to August 2016, overseeing Trump being adopted as Republican candidate at the Republican National Convention in Cleveland. He is the most senior campaign official to be implicated by Mueller. Manafort was one of Washington D.C.’s longest-term and most influential lobbyists but in 2015, his money dried up and the next year he turned to Trump for help, offering to be his campaign chairman for free – in the hope of making more money afterwards. But Mueller unwound his previous finances and discovered years of tax and bank fraud as he coined in cash from pro-Russia political parties and oligarchs in Ukraine.

Manafort pleaded not guilty to 18 charges of tax and bank fraud but was convicted of eight counts in August 2018. The jury was deadlocked on the other 10 charges. A second trial on charges of failing to register as a foreign agent due in September did not happen when he pleaded guilty to conspiracy against the United States and witness tampering in a plea bargain. He was supposed to co-operate with Mueller but failed to. 

Minutes after his second sentencing hearing in March 2019, he was indicted on 16 counts of fraud and conspiracy by the Manhattan District Attorney Cyrus Vance Jr., using evidence which included documents previously presented at his first federal trial. The president has no pardon power over charges by district and state attorneys.

GUILTY: RICK GATES 

Pleaded guilty to conspiracy against the United States and making false statements in February 2018. Awaiting sentence

Gates, a Trump campaign official, was Manafort’s former deputy at political consulting firm DMP International. He admitted to conspiring to defraud the U.S. government on financial activity, and to lying to investigators about a meeting Manafort had with a member of congress in 2013. As a result of his guilty plea and promise of cooperation, prosecutors vacated charges against Gates on bank fraud, bank fraud conspiracy, failure to disclose foreign bank accounts, filing false tax returns, helping prepare false tax filings, and falsely amending tax returns.

GUILTY AND JAILED: GEORGE PAPADOPOLOUS

Pleaded guilty to making false statements in October 2017. Sentenced to 14 days in September 2018, and reported to prison in November. Served 12 days and released on December 7, 2018

 Papadopoulos was a member of Donald Trump’s campaign foreign policy advisory committee. He admitted to lying to special counsel investigators about his contacts with London professor Josef Mifsud and Ivan Timofeev, the director of a Russian government-funded think tank. 

He agreed to cooperate with the special counsel investigation but is now highly critical of it.  

https://www.dailymail.co.uk/news/article-8025217/Roger-Stone-sentenced-three-years-judge-rebukes-Donald-Trump-tweeted-spoke.html

‘The American people cared. And I care.’ Top lines from Judge Amy Berman Jackson during the Roger Stone sentencing

The Roger Stone Sentencing Fiasco

Some Justice Department personnel handled it questionably, but Trump’s reaction was worse.

The first thing to grasp about the Roger Stone sentencing fiasco is that Stone, even accepting the worst plausible gloss on his crimes, is a 67-year-old nonviolent first offender. If the criminal-justice “reform” fad were authentic, and not a stratagem of social-justice warriors who have taken Washington’s surfeit of useful idiots for a ride, then we could all agree that the original seven-to-nine-year sentence advocated by prosecutors was too draconian — even if it was, as we shall see, a faithful application of the federal sentencing guidelines as written.

But no. Like criminal-justice “reform,” the Stone prosecution is more politics than law enforcement. It was the Mueller probe’s last gasp at pretending there might be something to the Russia-collusion narrative – notwithstanding that, when the “gee, it sure feels like there could be some collusion here” indictment was filed, over a year and a half after special counsel Robert Mueller was appointed, it had long been manifest that there was no Trump–Russia conspiracy.

So, the Left has a quandary here: Do they hate Trump more than they love sentencing “reform”? We could have predicted the decision to go with hating Trump, and thus fomenting outrage over DOJ’s retraction of its original sentencing recommendation of about nine years’ imprisonment, now slashed to a far more reasonable range of four years or less. To be fair, though, Trump critics could not have been expected to resist the combination of DOJ missteps and Trump Twitter taunts that mark Stone’s sentencing, the combination that has managed to turn Mueller’s maulers into media martyrs.

Some background: In a ridiculously overblown, overcharged prosecution, Mueller slammed the ineffable Stone with seven felony counts of obstructing Congress’s Russia investigation. One of these involved tampering with a witness, left-wing radio host Randy Credico (through whom Stone sought a communications channel with WikiLeaks honcho Julian Assange).

At a certain point, Credico let it be known that he intended to cooperate with investigators. A ballistic Stone, when not uttering lunatic references to Watergate and Frank Pentangeli (the Mafioso character goaded into suicide when a plot to take out the Don fails in Godfather II), warned the “stoolie” “rat” Credico to “prepare to die” and vowed to steal his pet dog. Even in context, these seem to be puerile ravings, not real threats. (Stone added that his lawyers were anxious to “rip [Credico] to shreds,” so any murder and dognapping was apparently going to await cross-examination.) And though Stone is patently guilty of witness tampering, Credico himself told the court that he did not take Stone’s threats seriously.

DOJ: We Overstepped By Keeping Tabs On Trump Campaign Adviser For Too Long

Stone being the sort of Einstein who commits his obstructions in writing (the Credico contacts were mostly text messages), the jury convicted him in nothing flat. That meant DOJ would give the court its take on how the sentencing guidelines applied to the case, as it does with every convicted defendant.

In Stone’s case, the guidelines worked a severe result. In tampering cases, a guidelines enhancement calls for a drastic increase in the sentence if the defendant threatened the witness with physical injury. This drove Stone’s “offense level” from 21 to 29 on the guidelines grid, so even though he is a first offender (offense history “Category I” in guidelines-speak), his recommended sentence zoomed to 90 to 108 months — instead of 37 to 46 months, as it would have been at offense level 21 (i.e., without the threats).

With Mueller’s shop closed down, the Stone prosecution was run out of the U.S. attorney’s office for the District of Columbia. But it was still being overseen by two Mueller staffers, Aaron S. J. Zelinsky (on loan from the U.S. attorney’s office in Maryland, where he had worked for Rod Rosenstein, who, as Trump’s deputy attorney general, later appointed Mueller), and Adam C. Jed (an appellate lawyer from the Obama Justice Department who first came to public attention in 2013, arguing that the ban on same-sex marriage was unconstitutional). Also assigned to the case were Jonathan Kravis, a former associate White House counsel to Obama, and Michael Mirando, an experienced assistant U.S. attorney in the D.C. office.

This team of prosecutors filed a sentencing memorandum on Monday, laying out the guidelines and advising Judge Amy Berman Jackson that they called for a prison sentence of about seven to nine years (i.e., the offense-level guidelines range of 90 to 108 months). Like the indictment itself, the memo is gross overkill.

As the Daily Caller’s Chuck Ross notes, the prosecutors tied Stone to “foreign election interference,” breathlessly framed as the “most deadly adversary of republican government,” even though he was never charged with any such crime — underscoring yet again that the deadliest adversary of republican government is actually domestic — viz., the politicized use of executive police powers. Far from offering any theory in mitigation of the 90-to-108-months range, the prosecutors pooh-poohed Credico’s perception that Stone’s threats were not serious, factitiously insisting that the guidelines enhancement is triggered by the threat, not whether the target is actually intimidated. Plus, prosecutors maintained, Stone’s crimes were exacerbated by his flouting of Judge Berman Jackson’s gag orders during the prosecution.

All that said, the prosecutors’ submission was an accurate (if extreme and unyielding) rendition of federal sentencing law. The enhancement that inflates Stone’s sentencing range does literally apply — even if he is not the kind of violent criminal that the guidelines commissioners had in mind when they wrote it. Prosecutors are not required to argue for clemency, though they should do so when the circumstances call for it. The Justice Department’s default position in criminal cases is that the guidelines should be applied as written, and that it is up to the court to decide whether to follow them.

While Stone awaited sentence, the prosecutors were supervised, at least nominally, by Jessie Liu, the U.S. attorney for D.C. I say “nominally” because the Trump Justice Department has always been leery about being seen as interfering in Mueller-based prosecutions. Moreover, the D.C. office was in transition while court submissions pertaining to Stone’s sentencing were being prepared.

In December 2019, President Trump announced his nomination of Liu to become the Treasury Department’s undersecretary overseeing financial sanctions on terrorists. Liu continued running the U.S. attorney’s office, albeit with one foot out the door, until the end of January. With her Treasury confirmation hearing scheduled for February 13 (i.e., tomorrow), Attorney General Bill Barr appointed one of his top advisers, Timothy Shea (a well-regarded longtime prosecutor, litigator, and Capitol Hill staffer), to become acting U.S. attorney for D.C. on January 30. That was eleven days before the Stone team filed its sentencing submission.

How much participation Shea had in the recommendation is unclear. The New York Times reports that both he and Deputy Attorney General Jeffrey A. Rosen opined that the seven-to-nine-year sentencing recommendation was too severe. Yet, it does not appear that they put their foot down and instructed the Stone prosecutors to ameliorate it before the government’s submission was filed on Monday.

As is his wont, the president went bonkers on Twitter upon learning of the recommendation, calling it “horrible and very unfair” and a major “miscarriage of justice” because “the real crimes are on the other side” — i.e., the Russia-probe investigators — yet “nothing happens to them.” While the Justice Department was obviously aware of the president’s tweet, as well as press reporting about the harshness of the prosecutors’ sentencing recommendation, the DOJ and the White House have had no communications about the case, according to both the president and a spokeswoman for the attorney general.

Nevertheless, the DOJ made it known that the sentencing memo would be rescinded and a new one filed. That announcement prompted the recusals of all four prosecutors, some of whom are quitting the DOJ entirely and some apparently just stepping aside from the Stone case.

Late Tuesday, the DOJ filed a revised sentencing memo, which does not recommend a specific sentence but strongly suggests that a term calculated without the eight-point enhancement — i.e., between 37 and 46 months’ imprisonment — would be just. The new memo concedes that the prosecutors’ calculation in the original memo was “arguably” correct, but contends that it would be unreasonable under the circumstances. On that score, the memo relies on (a) Credico’s dismissal of the threat (though it acknowledges that this is not dispositive); (b) the fact that a sentence driven by the guidelines enhancement would be wildly out of proportion with prison terms imposed in cases similar to Stone’s; (c) Stone’s being a first-offender with no organized-crime or gang connections and thus not typical f the offenders the enhancement is meant to cover; and (d) Stone’s advanced age and failing health.

This is an entirely reasonable recommendation, even if the process of arriving at it has been a train wreck.

The Justice Department correctly observes that the sentence to be imposed is entirely up to the court. The DOJ’s recommendations are non-binding and frequently ignored by judges. Judge Berman Jackson has been thoroughly informed about what the non-binding guidelines say, as well as the cases for and against applying the enhancement.

Furthermore, let’s imagine that, instead of orchestrating a fiasco, DOJ had efficiently managed any internal disputes (which are not uncommon) and had filed a single memo recommending a 37-to-46-month sentence — a memo that explained both the enhancement for threatening witnesses and why applying it would be unreasonable under the circumstances. Does anyone doubt that such a recommendation would nevertheless have been panned as excessive by the president?

For now, while Trump has taken to attacking both the resigning prosecutors and Judge Berman Jackson on Twitter, it appears that former U.S. attorney Liu is taking the fall. Within hours of the prosecutors’ trumpeting their departures in grand Sally Yates style, the White House announced that the president had pulled Liu’s appointment to the Treasury Department position — even though her confirmation hearing was just two days away, and Barr had lavished praise on her upon appointing Shea as her replacement.

Liu certainly had a tumultuous tenure. Besides the thankless task of inheriting the Mueller cases against Stone and former national-security adviser Michael Flynn (the implosion of which is a story for another day), her office foolishly pursued a threadbare Mueller-generated prosecution of Greg Craig for false statements based on lobbying for Ukraine. Craig, former White House counsel to President Obama, was speedily acquitted by a jury last year. Meanwhile, there was also a mini-revolt on the Senate Judiciary Committee a few months back when the president floated the idea of elevating Liu to the No. 3 leadership slot at the DOJ — though she was vigorously defended by AG Barr, and suspicions that she lacked conservative bona fides appear overwrought (the fact that Liu may be pro-choice hardly means she would not enforce laws regulating abortion; and a claim that, 15 years ago, she opposed Justice Samuel Alito’s appointment to the Supreme Court appears to be false).

I would not suggest that Liu and others at the DOJ distinguished themselves in the Stone sentencing debacle. But at this point, the main fault lies with the president.

Yes, the Mueller probe was specious. But for his connection to Trump, Stone would never have been pursued in a collusion fever dream that Mueller’s prosecutors knew was bogus when they charged him. Yet his crimes, while exaggerated, were real. He was convicted by a jury and, under federal law, that presumptively warrants incarceration, though he could be spared by the judge (whom the president has picked a strange time to antagonize). If the president thinks that Stone and Flynn (among others) have been given a raw deal, the Constitution empowers him to pardon them, or at least commute their sentences.

If President Trump is afraid, in an election year, to take the political hit that a pardon for Stone would entail, that is understandable. But then he should bite his tongue and click out of Twitter. The Justice Department’s job is to process cases, including Mueller cases, pursuant to law. If the president wants to make those cases disappear, he has to do it himself and be accountable. His provocative running commentary only ensures that the DOJ will be accused of kowtowing to him. It also guarantees that, if the ongoing criminal probe of the Russiagate investigation eventually yields any indictments, they will be assailed as political persecutions rather than good-faith law enforcement.

 

Story 3: The Real Threat Is Influenza Viruses Not Novel Coronavirus- Videos

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Worrying about coronavirus? This other virus is the real threat.

Worrying about coronavirus? This other virus is the real threat.

There’s a deadly virus spreading from state to state. It preys on the most vulnerable, striking the sick and the old without mercy. In just the last few months, it has claimed the lives of at least 39 children.

The virus is influenza, and it poses a far greater threat to Americans than the coronavirus from China that has made headlines around the world.

“When we think about the relative danger of this new coronavirus and influenza, there’s just no comparison,” said William Schaffner, a professor of preventive medicine and health policy at Vanderbilt University Medical Center. “Coronavirus will be a blip on the horizon in comparison. The risk is trivial.”

To be sure, the coronavirus outbreak, which originated last month in the Chinese city of Wuhan, should be taken seriously. The virus can cause pneumonia and is blamed for more than 7,000 illnesses and more than 170 deaths.

The World Health Organization on Thursday declared the outbreak a global emergency requiring a coordinated international response after the number of cases spiked sharply over the last few days. But officials warn much remains unknown.

In the United States, at least six cases of the virus have been reported, including the first case of person-to-person infection. Public health workers are monitoring dozens of additional patients.

And yet, Americans aren’t particularly concerned.

Fewer than half of adults got a flu shot last season, according to the CDC. Even among children, who can be especially vulnerable to respiratory illnesses, only 62% received the vaccine.

If Americans aren’t afraid of the flu, perhaps that’s because they are inured to yearly warnings. For them, the flu is old news. Yet viruses named after foreign places — such as Ebola, Zika, and Wuhan — inspire terror.

“Familiarity breeds indifference,” Schaffner said. “Because it’s new, it’s mysterious, and comes from an exotic place, the coronavirus creates anxiety.”

Some doctors joke that the flu needs to be rebranded.

“We should rename influenza; call it XZ-47 virus or something scarier,” said Paul Offit, director of the Vaccine Education Center at the Children’s Hospital of Philadelphia.

 

Measles in the Democratic Republic of the Congo has killed 5,000 people in the last year — more than twice as many as Ebola. Yet UNICEF officials have noted that the measles, which many Americans no longer fear, has gotten little attention. Nearly all the measles victims were children under 5.

Because the Wuhan virus is new, humans have no antibodies against it. Doctors haven’t had time to develop treatments or vaccines.

The big question, so far unknown, is just how easily the virus is transmitted from an infected person to others. Officials warn much remains unknown, but each patient with the new coronavirus appears to be infecting about two other people.

By comparison, patients with SARS, or severe acute respiratory syndrome, spread the infection to an average of two to four others. Each patient with measles — one of the most contagious viruses known to science — infects 12 to 18 unvaccinated people.

Health officials worry that the new coronavirus could resemble SARS — which appeared suddenly in China in 2002 and spread to 26 countries, sickening 8,000 people and killing 774, according to the WHO.The U.S. dodged a bullet with SARS, Schaffner said. Only eight Americans became infected and none died, according to the CDC. Yet SARS caused a global panic, leading people to shutter hotels, cancel flights, and close businesses.

Coronaviruses can be unpredictable, said Michael Osterholm, director of the Center for Infectious Disease Research and Policy at the University of Minnesota. While some patients never infect anyone else, people who are “super-spreaders” can infect dozens of others.

At Seoul, South Korea’s Samsung Medical Center in 2015, a single emergency-room patient infected 82 people —patients, visitors, and staff — with a coronavirus called MERS, or Middle East Respiratory Syndrome. The hospital partly shut down to control the virus.

“This is one of the finest medical centers in the world, on par with the Cleveland Clinic, and they were brought to their knees,” Osterholm said.

Yet MERS has never posed much of a threat to the United States.

Only two patients in this country — health-care providers who had worked in Saudi Arabia — have ever tested positive for the virus, according to the CDC. Both patients survived.

Hotez, who is working to develop vaccines against neglected diseases, said he worries about unvaccinated children. Most kids who die from the flu haven’t been immunized against it, he said. And many were previously healthy.

“If you’re worried about your health, get your flu vaccination,” Hotez said. “It’s not too late.”

https://www.inquirer.com/health/coronavirus-infection-death-risk-influenza-20200129.html

 

 

 

 

 

 

Deadly coronavirus ‘kills 15 PER CENT of patients over 80’ and the never-before-seen strain is ‘up to 20 TIMES more infectious than SARS’

  • Chinese health officials carried out the biggest ever study on the coronavirus
  • Results showed SARS-CoV-2 virus posed the greatest threat to older patients 
  • It is also dangerous for those with underlying conditions, such as heart disease
  • More than 73,000 cases have been recorded, with up to 99% of them in China 
  • Do you have a study about coronavirus? Email sam.blanchard@mailonline.co.uk 

The deadly coronavirus rapidly sweeping the world kills up to 15 per cent of patients over the age of 80, scientists have revealed.

Chinese health officials carried out the biggest ever study on the never-before-seen strain of the virus, using data from 72,000 cases.

Results showed the SARS-CoV-2 virus posed the greatest threat to older patients and those with underlying conditions, such as cancer and heart disease.

Chinese Centre for Disease Control and Prevention researchers also found 80.9 per cent of infections are mild. Less than five per cent are critical.

More than 73,000 cases have been recorded worldwide, with 99 per cent in China. Almost 1,900 patients have already died.

Residents walk through a disinfection channel set up as a protective measure against the coronavirus at the entrance to their compound in Tongzhou, east of Beijing

Residents walk through a disinfection channel set up as a protective measure against the coronavirus at the entrance to their compound in Tongzhou, east of Beijing

A child wearing a face mask plays near a slide at a commercial and residential complex in a residential complex in Beijing

A child wearing a face mask plays near a slide at a commercial and residential complex in a residential complex in Beijing

A police officer wearing a face mask patrols in front of the Sunwill factory in Foshan, China

A medical worker takes a swab for testing from a Chinese paramilitary police officer in Shenzhen, Guangdong province

 

A medical worker takes a swab for testing from a Chinese paramilitary police officer in Shenzhen, Guangdong province

Cases of a mysterious pneumonia-causing virus first emerged in the now-deserted Chinese city of Wuhan late last year.

Researchers blamed a seafood market in Hubei city that illegally sold wild animals for being the source of the virus.

The virus has no known cure and most patients who are struck down recover within a couple of weeks without needing medical treatment.

Those who develop more serious infections in their lungs, such as pneumonia, need expert medical care to stop their illness turning deadly.

They looked at 72,314 confirmed, suspected, clinically diagnosed, and asymptomatic cases of COVID-19 illness across China as of February 11.

COVID-19 is the name of the disease caused by the virus, which has effectively been named as SARS-2 by the World Health Organization.

Results showed the overall case-fatality ratio – the percentage of patients who die – was just 2.3 per cent.

Ninety-nine per cent of cases have been in China, where tens of millions of residents are in lockdown to contain the escalating crisis. The COVID-19 virus has killed at least 1,873 people

And more than 73,000 patients have been struck down with the deadly SARS-CoV-2 infection, including nearly 1,000 outside of China

And more than 73,000 patients have been struck down with the deadly SARS-CoV-2 infection, including nearly 1,000 outside of China

Almost 1,900 people have now died from the killer coronavirus rapidly sweeping the world

Almost 1,900 people have now died from the killer coronavirus rapidly sweeping the world

In comparison, SARS – which only infected a fraction of patients during the 2002/03 epidemic – killed around 10 per cent.

While the death rate for MERS, another type of coronavirus that was first reported in Saudi Arabia in 2012, is even higher (34 per cent).

One of the world’s deadliest diseases, Ebola, kills around half of all patients it strikes. Ebola is not caused by any type of coronavirus.

When data for the SARS-CoV-2 infection was broken down, researchers found over-80s had the highest fatality ratio at 14.8 per cent.

The likelihood of death was just eight per cent of patients aged between 70 and 79, and 3.6 per cent for those in their sixties.

The case-fatality ratio was less than 1.5 per cent for patients in their fifties, and less than 0.5 per cent for everyone else – meaning roughly one in 200 will die.

There were no deaths among children aged up to nine, despite at least two cases of newborn babies infected through their mothers.

In contrast, the death rate for flu is around 0.1 per cent, according to the US Centres for Disease Control (CDC).

Older adults have weaker immune systems, meaning it is harder for the body to fight off a virus such as SARS-CoV-2 or flu.

Patients with heart disease were most likely to die from the virus, followed by those with diabetes, chronic respiratory disease and hypertension.

CCDC academics also found 80.9 percent of infections were classified as mild, 13.8 percent as severe and only 4.7 percent as critical.

And men are more likely to die (2.8 per cent) than women (1.7 per cent). But experts have yet to work out why men are more vulnerable.

Nearly 86 percent of those who have contracted the illness either lived in or travelled to Wuhan.

British cruise ship passenger David Abel and his wife Sally (pictured in their cabin on the Diamond Princess) have tested positive for coronavirus in Japan

David Abel believes he is going to test negative for coronavirus

Steve Abel (pictured today) said his parents David and Sally Abel were 'not getting any communication' from Whitehall and were 'feeling very unloved'

The Diamond Princess (pictured today) remains in lockdown and hundreds face a longer spell in quarantine even after the official incubation period ends tomorrow

American passenger details life on Diamond Princess ahead of evacuation

SON OF BRIT COUPLE WITH CORONAVIRUS ON CRUISE SHIP BEGS GOVERNMENT TO RESCUE THEM

The son of a British couple who caught coronavirus on a cruise ship in Japan has today savaged the government’s ‘appalling’ handling of the case.

Steve Abel said his parents David and Sally were ‘not getting any communication’ from Whitehall and were ‘feeling very unloved’ despite repeated pleas for help.

The British couple were among 88 people who tested positive for the virus in Japan today, taking the number of infections on board the ship to 542.

They are now being taken into a further quarantine on the mainland just a day before their stay on board the Diamond Princess was due to end.

The Abels will also be unable to join an evacuation flight which the British embassy is preparing today amid growing pressure after the US evacuated 340 of its citizens.

And 3,019 health workers have been diagnosed and five had died as of February 11, the report said.

The epidemic, which has seen cases in almost 30 countries, reached its ‘first peak’ between January 24 and 26, the report said.

It suggests there is has been a ‘downward trend’ in the overall epidemic curve since February 11 – meaning the spread of the disease was slowing.

A separate group of scientists published their findings about the virus on bioRxiv – an archive of papers before they have been peer-reviewed.

Scientists at the University of Texas at Austin found SARS-CoV-2 was 20 times more likely to bind to human cells than its original predecessor.

South China Morning Post reports the team said the virus shares the same host-cell receptor, angiotensin-converting enzyme 2 (ACE2), with SARS.

The researchers wrote: ‘Compared with SARS-CoV, 2019-nCoV appears to be more readily transmitted from human to human.

‘The high affinity of 2019-nCoV for human ACE2 may contribute to the apparent ease with which 2019-nCoV can spread from human to human.’

WHAT DO WE KNOW ABOUT THE DEADLY CORONAVIRUS IN CHINA?

Someone who is infected with the coronavirus can spread it with just a simple cough or a sneeze, scientists say.

Over 2,000 people with the virus are now confirmed to have died and more than 75,000 have been infected. But experts predict the true number of people with the disease could be as high as 350,000 in Wuhan alone, as they warn it may kill as many as two in 100 cases.  Here’s what we know so far:

What is the coronavirus?

A coronavirus is a type of virus which can cause illness in animals and people. Viruses break into cells inside their host and use them to reproduce itself and disrupt the body’s normal functions. Coronaviruses are named after the Latin word ‘corona’, which means crown, because they are encased by a spiked shell which resembles a royal crown.

The coronavirus from Wuhan is one which has never been seen before this outbreak. It has been named SARS-CoV-2 by the International Committee on Taxonomy of Viruses. The name stands for Severe Acute Respiratory Syndrome coronavirus 2.

Experts say the bug, which has killed around one in 50 patients since the outbreak began in December, is a ‘sister’ of the SARS illness which hit China in 2002, so has been named after it.

The disease that the virus causes has been named COVID-19, which stands for coronavirus disease 2019. The virus itself is called SARS-CoV-2.

Dr Helena Maier, from the Pirbright Institute, said: ‘Coronaviruses are a family of viruses that infect a wide range of different species including humans, cattle, pigs, chickens, dogs, cats and wild animals.

‘Until this new coronavirus was identified, there were only six different coronaviruses known to infect humans. Four of these cause a mild common cold-type illness, but since 2002 there has been the emergence of two new coronaviruses that can infect humans and result in more severe disease (Severe acute respiratory syndrome (SARS) and Middle East respiratory syndrome (MERS) coronaviruses).

‘Coronaviruses are known to be able to occasionally jump from one species to another and that is what happened in the case of SARS, MERS and the new coronavirus. The animal origin of the new coronavirus is not yet known.’

The first human cases were publicly reported from the Chinese city of Wuhan, where approximately 11million people live, after medics first started publicly reporting infections on December 31.

By January 8, 59 suspected cases had been reported and seven people were in critical condition. Tests were developed for the new virus and recorded cases started to surge.

The first person died that week and, by January 16, two were dead and 41 cases were confirmed. The next day, scientists predicted that 1,700 people had become infected, possibly up to 7,000.

Just a week after that, there had been more than 800 confirmed cases and those same scientists estimated that some 4,000 – possibly 9,700 – were infected in Wuhan alone. By that point, 26 people had died. 

By January 27, more than 2,800 people were confirmed to have been infected, 81 had died, and estimates of the total number of cases ranged from 100,000 to 350,000 in Wuhan alone.

By January 29, the number of deaths had risen to 132 and cases were in excess of 6,000.  

By February 5, there were more than 24,000 cases and 492 deaths.

By February 11, this had risen to more than 43,000 cases and 1,000 deaths. 

A change in the way cases are confirmed on February 13 – doctors decided to start using lung scans as a formal diagnosis, as well as laboratory tests – caused a spike in the number of cases, to more than 60,000 and to 1,369 deaths. 

Where does the virus come from?

According to scientists, the virus has almost certainly come from bats. Coronaviruses in general tend to originate in animals – the similar SARS and MERS viruses are believed to have originated in civet cats and camels, respectively.

The first cases of COVID-19 came from people visiting or working in a live animal market in the city, which has since been closed down for investigation.

Although the market is officially a seafood market, other dead and living animals were being sold there, including wolf cubs, salamanders, snakes, peacocks, porcupines and camel meat.

A study by the Wuhan Institute of Virology, published in February 2020 in the scientific journal Nature, found that the genetic make-up virus samples found in patients in China is 96 per cent similar to a coronavirus they found in bats.

However, there were not many bats at the market so scientists say it was likely there was an animal which acted as a middle-man, contracting it from a bat before then transmitting it to a human. It has not yet been confirmed what type of animal this was.

Dr Michael Skinner, a virologist at Imperial College London, was not involved with the research but said: ‘The discovery definitely places the origin of nCoV in bats in China.

‘We still do not know whether another species served as an intermediate host to amplify the virus, and possibly even to bring it to the market, nor what species that host might have been.’

So far the fatalities are quite low. Why are health experts so worried about it? 

Experts say the international community is concerned about the virus because so little is known about it and it appears to be spreading quickly.

It is similar to SARS, which infected 8,000 people and killed nearly 800 in an outbreak in Asia in 2003, in that it is a type of coronavirus which infects humans’ lungs.

Another reason for concern is that nobody has any immunity to the virus because they’ve never encountered it before. This means it may be able to cause more damage than viruses we come across often, like the flu or common cold.

Speaking at a briefing in January, Oxford University professor, Dr Peter Horby, said: ‘Novel viruses can spread much faster through the population than viruses which circulate all the time because we have no immunity to them.

‘Most seasonal flu viruses have a case fatality rate of less than one in 1,000 people. Here we’re talking about a virus where we don’t understand fully the severity spectrum but it’s possible the case fatality rate could be as high as two per cent.’

If the death rate is truly two per cent, that means two out of every 100 patients who get it will die.

‘My feeling is it’s lower,’ Dr Horby added. ‘We’re probably missing this iceberg of milder cases. But that’s the current circumstance we’re in.

‘Two per cent case fatality rate is comparable to the Spanish Flu pandemic in 1918 so it is a significant concern globally.’

How does the virus spread?

The illness can spread between people just through coughs and sneezes, making it an extremely contagious infection. And it may also spread even before someone has symptoms.

It is believed to travel in the saliva and even through water in the eyes, therefore close contact, kissing, and sharing cutlery or utensils are all risky.

Originally, people were thought to be catching it from a live animal market in Wuhan city. But cases soon began to emerge in people who had never been there, which forced medics to realise it was spreading from person to person.

There is now evidence that it can spread third hand – to someone from a person who caught it from another person.

What does the virus do to you? What are the symptoms?

Once someone has caught the COVID-19 virus it may take between two and 14 days, or even longer, for them to show any symptoms – but they may still be contagious during this time.

If and when they do become ill, typical signs include a runny nose, a cough, sore throat and a fever (high temperature). The vast majority of patients – at least 97 per cent, based on available data – will recover from these without any issues or medical help.

In a small group of patients, who seem mainly to be the elderly or those with long-term illnesses, it can lead to pneumonia. Pneumonia is an infection in which the insides of the lungs swell up and fill with fluid. It makes it increasingly difficult to breathe and, if left untreated, can be fatal and suffocate people. 

What have genetic tests revealed about the virus? 

Scientists in China have recorded the genetic sequences of around 19 strains of the virus and released them to experts working around the world.

This allows others to study them, develop tests and potentially look into treating the illness they cause.

Examinations have revealed the coronavirus did not change much – changing is known as mutating – much during the early stages of its spread.

However, the director-general of China’s Center for Disease Control and Prevention, Gao Fu, said the virus was mutating and adapting as it spread through people.

This means efforts to study the virus and to potentially control it may be made extra difficult because the virus might look different every time scientists analyse it.

More study may be able to reveal whether the virus first infected a small number of people then change and spread from them, or whether there were various versions of the virus coming from animals which have developed separately.

How dangerous is the virus?  

The virus has a death rate of around two per cent. This is a similar death rate to the Spanish Flu outbreak which, in 1918, went on to kill around 50million people.

However, experts say the true number of patients is likely considerably higher and therefore the death rate considerably lower. Imperial College London researchers estimate that there were 4,000 (up to 9,700) cases in Wuhan city alone up to January 18 – officially there were only 444 there to that date. If cases are in fact 100 times more common than the official figures, the virus may be far less dangerous than currently believed, but also far more widespread.

Experts say it is likely only the most seriously ill patients are seeking help and are therefore recorded – the vast majority will have only mild, cold-like symptoms. For those whose conditions do become more severe, there is a risk of developing pneumonia which can destroy the lungs and kill you.

Can the virus be cured?

The COVID-19 virus cannot currently be cured and it is proving difficult to contain.

Antibiotics do not work against viruses, so they are out of the question. Antiviral drugs can work, but the process of understanding a virus then developing and producing drugs to treat it would take years and huge amounts of money.

No vaccine exists for the coronavirus yet and it’s not likely one will be developed in time to be of any use in this outbreak, for similar reasons to the above.

The National Institutes of Health in the US, and Baylor University in Waco, Texas, say they are working on a vaccine based on what they know about coronaviruses in general, using information from the SARS outbreak. But this may take a year or more to develop, according to Pharmaceutical Technology.

Currently, governments and health authorities are working to contain the virus and to care for patients who are sick and stop them infecting other people.

People who catch the illness are being quarantined in hospitals, where their symptoms can be treated and they will be away from the uninfected public.

And airports around the world are putting in place screening measures such as having doctors on-site, taking people’s temperatures to check for fevers and using thermal screening to spot those who might be ill (infection causes a raised temperature).

However, it can take weeks for symptoms to appear, so there is only a small likelihood that patients will be spotted up in an airport.

Is this outbreak an epidemic or a pandemic?

The outbreak is an epidemic, which is when a disease takes hold of one community such as a country or region.

Although it has spread to dozens of countries, the outbreak is not yet classed as a pandemic, which is defined by the World Health Organization as the ‘worldwide spread of a new disease’.

The head of WHO’s global infectious hazard preparedness, Dr Sylvie Briand, said: ‘Currently we are not in a pandemic. We are at the phase where it is an epidemic with multiple foci, and we try to extinguish the transmission in each of these foci,’ the Guardian reported.

She said that most cases outside of Hubei had been ‘spillover’ from the epicentre, so the disease wasn’t actually spreading actively around the world.

https://www.dailymail.co.uk/health/article-8015951/Most-coronavirus-infections-mild-says-Chinese-study.html

 

Virus cases balloon in S. Korea as outbreak shifts, spreads

 Schools were shuttered, churches told worshipers to stay away and some mass gatherings were banned as cases of a new virus swelled Friday in South Korea, the newest front in a widening global outbreak.

The country said two people have died and 204 have been infected with the virus, quadruple the number of cases it had two days earlier, as a crisis centered in China has begun strongly reverberating elsewhere.

The multiplying caseload in South Korea showed the ease with which the illness can spread. Though initial infections were linked to China, new ones have not involved international travel.

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Listen To Pronk Pops Podcast or Download Shows 34-37

Listen To Pronk Pops Podcast or Download Shows 30-33

Listen To Pronk Pops Podcast or Download Shows 27-29

Listen To Pronk Pops Podcast or Download Shows 17-26

Listen To Pronk Pops Podcast or Download Shows 16-22

Listen To Pronk Pops Podcast or Download Shows 10-15

Listen To Pronk Pops Podcast or Download Shows 1-9

 

 

 

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