China factory activity collapses to worst on record as coronavirus pandemic paralyses economy

Reuters reports the following: China factory activity dives to worst on record as coronavirus paralyses economy – PMI * Caxin Feb factory activity contracts at sharpest pace on record * Output, new orders collapse to historic lows as virus jolts * Exports and employment also in sharp contraction * Economy paralysed by outbreak, sharp contraction […]

Xi Jinping’s Anti-Coronavirus Campaign Magic Trick

Dr. Bradley A. Thayer and Lianchao Han write the following in the National Interest: Xi Jinping’s Anti-Coronavirus Campaign Magic Trick The China coronavirus pandemic is 30 percent natural disaster and 70 percent a Communist-Party-of-China-made catastrophe. Desperate times call for desperate measures, especially if those desperate times were self-inflicted through misrule. Xi Jinping’s measures to contain […]

Two cases of coronavirus found in Washington state nursing home

The Washington Examiner’s Kimberly Leonard reports: Two cases of coronavirus found in Washington nursing home A skilled nursing facility in Washington state reported that at least two people have the coronavirus, and state officials say other residents are reporting similar respiratory symptoms. The development, reported on Saturday, is particularly worrisome because scientists say that coronavirus […]

Person dies from coronavirus in Washington state, first in the US, health officials say

Fox News reports: Health officials in Washington confirmed Saturday that one person has died from coronavirus, marking the first disease-related death in the U.S. Seattle and King County Public Health officials issued a vague media advisory announcing the first COVID-19 death in the U.S., adding that there was an undisclosed number of new cases as well. The article […]

NASA: China’s Airborne Nitrogen Dioxide Plummets As Coronavirus Pandemic Crushes Economy

NASA Earth Observatory reports plummeting nitrogen dioxide as China’s economy grinds to a halt under the burden of the coronavirus pandemic: Airborne Nitrogen Dioxide Plummets Over China January 1 – February 25, 2020 NASA and European Space Agency (ESA) pollution monitoring satellites have detected significant decreases in nitrogen dioxide (NO2) over China. There is evidence […]

NIH Clinical Trial of Possible Coronavirus Treatment, Remdesivir, Now Underway

In case you missed it, NIH released the following press release on Tuesday: NIH Clinical Trial of Remdesivir to Treat COVID-19 Begins Study Enrolling Hospitalized Adults with COVID-19 in Nebraska February 25, 2020 A randomized, controlled clinical trial to evaluate the safety and efficacy of the investigational antiviral remdesivir in hospitalized adults diagnosed with coronavirus […]

Federal Reserve Chair Signals Fed May Cut Interest Rates As Coronavirus Pandemic Spreads

Dow Jones (via Morningstar) reports that Federal Reserve Chairman Jerome Powell is reassuring markets that the Federal Reserve will do whatever is appropriate in the face of the unfolding novel coronavirus (COVID-19) pandemic and resulting economic contagion: Federal Reserve Chairman Jerome Powell signaled Friday the central bank was prepared to cut interest rates to cushion […]

Experts Simulated a Coronavirus Pandemic Last Year, It Killed 65 Million

New York Mag’s Intelligencer reports: Last October, two months before the coronavirus that causes COVID-19 emerged in central China, a group of public-health experts gathered in New York City for a simulation. Their objective was to determine how industry, national governments, and international institutions could work together to respond to a hypothetical “pandemic with potentially […]

Coronavirus Pandemic May Explode in U.S. Overnight Just Like in Italy

The Daily Beast warns: Sooner or later, it’s virtually bound to happen. Though novel 2019 coronavirus cases in the United States have so far ticked up in fits and starts, experts on deadly diseases say Americans should be prepared to see an overnight boom in cases that mirror the skyrocketing outbreaks in Italy and South Korea. The […]

Tanker rates plunge over 80% as coronavirus pandemic torpedoes shipping

Hellenic Shipping News reports the following: Tanker charter rates have plunged more than 80% as the coronavirus outbreak slams the brakes on major economies, costing the sector hundreds of millions of dollars in lost business, a senior shipping industry official said. While some of the revenue is gone for good, a trade rebound could put […]

EXCLUSIVE: Uyghurs Languishing, Starving Under China’s Coronavirus Quarantines

Uyghurs Are Languishing, Starving Under China’s Coronavirus Quarantines By Salih Hudayar Over the past month, as the coronavirus began to grab the attention of the international community, the intense persecution of the Uyghurs and other peoples of East Turkistan (the region that China calls “Xinjiang”) has become largely forgotten. Now, perhaps more than ever, the […]

Break with China? Top Trump aide Navarro eyes an opening with coronavirus

Politico reports that President Trump’s Director of Trade and Manufacturing Policy is leading the push to cure our dangerous dependence on China for essential medical goods: Peter Navarro, the leading China critic in the Trump administration, is seizing the moment. The White House’s director of trade and manufacturing policy and the administration’s other China hawks […]

Brazil: Confirmed Coronavirus Case Casts Pall Over Carnaval; Italy: Cases Triple as Catholics Celebrate Ash Wednesday

CNBC reports the following: A Brazilian government test has confirmed the first case of a fast-spreading new coronavirus in Latin America, officials from the Brazil Health Ministry said Wednesday, after a Sao Paulo hospital flagged the possible infection of a 61-year-old who had visited Italy. The diagnosis comes during Brazil’s carnival holiday, a peak time […]

Pompeo Slams Iran & China Over Coronavirus Cover-up; Iranian Health Official Infected

On Tuesday, Secretary of State Mike Pompeo lambasted Iran and China for covering up and censoring vital information, warning that “censorship can have deadly consequences” for countries around the world as they attempt to understand and prepare for the quickly-moving COVID-19 coronavirus pandemic. [email protected] on responses to the #coronavirus in China and Iran: Censorship can […]

Coronavirus infects US soldier for first time, military says

Fox News is reporting that a US solider has been infected by the novel coronavirus (COVID-19): A U.S. soldier stationed in South Korea has tested positive for the coronavirus and is in self-quarantine at his residence off base, the military said Tuesday. The 23-year-old is based at Camp Carroll near the city of Daegu, where […]

Time: Coronavirus Pandemic Could Cost World Economy $1 Trillion

Time reports: The ghastly prospect that the coronavirus outbreak could become the first truly disruptive pandemic of the globalization era is renewing doubts over the stability of the world economy. With the death toll approaching 3,000, over 80,000 cases officially recorded and an outbreak in Italy now shutting down the richest chunk of its economy, […]

“This Could Be Bad:” CDC Warns Americans to Prepare for Coronavirus Pandemic to Hit US

NBS News reports that the CDC is warning Americans that the coronavirus pandemic could strike the US: Top U.S. public health officials said Tuesday that Americans should prepare for the spread of the coronavirus in communities across the country. “It’s not so much a question of if this will happen any more, but rather more […]

Trump White House Requests $2.5 Billion (or more) to Tackle Coronavirus Pandemic

Earlier reports that President Trump’s administration would request a paltry $1 billion to tackle the what might be the most severe infectious disease outbreak in modern history has been proven to be fake news. The Hill is reporting that the White House is seeking $2.5 billion (or more) and Congressional Democrats are already planning to […]

Gordon Chang: Coronavirus Is Killing China’s Factories and Creating Economic Chaos

Gordon Chang writes in the National Interest: “Walmart, which essentially forces suppliers to manufacture in China, told consumers to “save money, live better.” Yet how can they live better if store shelves are bare?” This looks like the end of China’s central role in global supply chains. A microbe in China—and the response of a […]

Gilead Sciences’ Anti-Viral Drug Remdesivir Offers Rare Hope for Coronavirus Pandemic

CNN Business is reporting that Gilead Sciences may have a viable coronavirus treatment in the works: Shares of American biotech firm Gilead Sciences rose nearly 5% Monday after an official from the World Health Organization said that Gilead’s drug remdesivir is showing signs that it may be able to help treat the deadly coronavirus. Gilead […]

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