| As mayor, Bernie Sanders condemned American interventionism but also defended undemocratic governments abroad Posted: 14 Mar 2020 01:00 PM PDT  Archives of Bernie Sanders's mayoral papers shed light on the foreign policy views he held at the start of his political career.
|
| When will there be a coronavirus vaccine — and who will get it first? Posted: 14 Mar 2020 09:59 AM PDT  One of the central questions for resolving the COVID-19 crisis is how long it will take to develop a vaccine.
|
| Peter Navarro Snaps When CNN Anchor Asks if Trump to Blame for Stock Losses: ‘Let’s Not Do That’ Posted: 16 Mar 2020 08:40 AM PDT  White House trade adviser Peter Navarro did not react well when confronted by CNN anchor Poppy Harlow on Monday morning over sinking stock markets in the wake of a full-blown coronavirus pandemic, insisting that now wasn't the time to talk about whether the president's response to the crisis was causing markets to plummet.Appearing on CNN just as the Dow Jones Industial Average opened Monday morning with a 10 percent drop that caused trading to be temporarily halted—something that's been happening more frequently lately—Navarro first attempted to sidestep questions on whether America was now in a recession.After Navarro boasted about everything he and the White House coronavirus task force were doing to try to mitigate the spread of the virus amid mass cancellations and shutdowns, adding that he has the "full force of American business" working with the government, Harlow stopped him short."I hear you, Peter, but the Dow is off 2200 points, the S&P; is off 8 percent," she exclaimed. "You're a top economist at the White House. Are we headed into a recession? I appreciate the efforts you just outlined, but this is freaking people out, Peter!""Look, here's what's critical now, Poppy," Navarro replied. "It's the policy response, and we have to have four different vectors coming in all at once in a matter of days, not weeks.""But Peter, what can you do? The market's off 2000 points!" Harlow shot back.The CNN anchor would go on to reiterate that the "market is not responding well at all" to the federal government's recent actions to fight COVID-19, which recently included another Federal Reserve rate cut and insertion of liquidity into the credit markets. She further noted that during their conversation, she couldn't track the market movements because trading had been halted for 15 minutes."Finally for the message from the president over the weekend is that this virus is under tremendous control, but Dr. Fauci leading this effort says the worst is yet to come and the cases have doubled over the weekend, Peter," Harlow eventually stated. "Markets are looking for leadership. Leadership is prescriptive. The markets here are reacting also to the president and his words. Is he doing enough to put confidence in the market by saying something that's not under control is?"Navarro, who has repeatedly credited Trump when the stock markets have surged and has literally said he's "never disappointed in my president," admonished Harlow for her question."Poppy, let's not do that kind of thing right now," he huffed."Peter, it's not doing that kind of thing," she answered. "The market is hanging on his words. You know this."While stocks have been plunging over the past few weeks over fears that the coronavirus will cause a global economic recession or even depression, the president bragged about the one-day Dow rally on Friday, sending off autographed stock graphs to loyalists such as Fox Business host Lou Dobbs.Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
|
| Virus toll in Iran climbs as lockdowns deepen across Mideast Posted: 15 Mar 2020 11:55 PM PDT  Iran reported another 129 fatalities from the new coronavirus on Monday, the largest one-day rise in deaths since it began battling the Middle East's worst outbreak, which has claimed more than 850 lives and infected a number of senior officials in the country. Businesses in Iran's capital remained open, however, even as other countries in the region moved toward full lockdowns, with Lebanon largely shutting down and Iraqis racing to prepare for a curfew set to begin later this week. Some have opted for an even more aggressive response.
|
| Coronavirus kills senior cleric as Iran toll hits 853 Posted: 16 Mar 2020 08:10 AM PDT  The novel coronavirus killed a top Iranian cleric Monday, the Islamic republic said as it reported yet another record high single-day death toll in one of the world's worst-hit countries. The latest 129 deaths brought the overall toll to 853 fatalities among nearly 15,000 infections since February 19, when the government announced Iran's first cases of the COVID-19 disease. "Our plea is that everyone take this virus seriously and in no way attempt to travel to any province," health ministry spokesman Kianoush Jahanpour said.
|
| 14 airlines are suspending or severely reducing flights as coronavirus-related travel restrictions shake the industry — here's the full list Posted: 16 Mar 2020 08:37 AM PDT  Reduced demand for travel has caused airlines to temporarily shutter operations as COVID-19 continues to spread and nations close borders.
|
| Russia builds coronavirus hospital in Moscow as cases rise Posted: 16 Mar 2020 05:16 AM PDT |
| Boris Johnson Prepares U.K. ‘Social Distancing’ Plan as Virus Spreads Posted: 16 Mar 2020 09:18 AM PDT |
| Paid sick leave could be a sticking point as Senate considers coronavirus relief bill Posted: 16 Mar 2020 06:35 AM PDT  The Senate is expected this week to pass a coronavirus relief bill that has President Trump's approval, but it could potentially be held up a bit.The House of Representatives early on Saturday passed an economic relief bill negotiated between House Speaker Nancy Pelosi (D-Calif.) and Treasury Secretary Steven Mnuchin in response to the ongoing coronavirus pandemic. Trump said he "fully" supports the bill, which provides free coronavirus testing and requires companies with fewer than 500 employees provide paid sick leave. The Senate is expected to pass the coronavirus bill after Senate Majority Leader Mitch McConnell (R-Ky.) canceled a planned recess. But Bloomberg reports that action could be delayed "up to several days" as the bill is "running into resistance from some Republicans worried about the impact of a temporary paid sick leave provision on small businesses."Sen. Ron Johnson (R-Wisc.) is one of those senators objecting paid sick leave provision, saying he hopes the Senate passes a "bill that does more good than harm — or, if it won't, pass nothing at all." Bloomberg notes that "Senate rules allow any one senator to delay a final vote for days." Mnuchin said over the weekend said "we'll work with the Senate on whatever minor changes we need."In addition, Bloomberg reports the House has to "pass technical corrections to the bill, which was drafted on the fly," which "adds another wrinkle that could slow final action in the Senate."More stories from theweek.com Hotels and casinos along the Las Vegas Strip are closing their doors due to coronavirus Tennessee's attorney general investigating man who bought 17,700 bottles of hand sanitizer Coronavirus is exposing America's shameful selfish streak
|
| Courting progressives, Biden shifts policy stances on free college, bankruptcy Posted: 15 Mar 2020 03:06 PM PDT  The Democratic front-runner is extending an olive branch to Sanders, Warren and their supporters.
|
| Past Perfect Posted: 16 Mar 2020 05:00 AM PDT |
| Desolate store shelves, empty streets: These 17 eerie images depict coronavirus in America Posted: 16 Mar 2020 09:08 AM PDT  From Times Square to Seattle, the coronavirus pandemic has changed what everyday life looks like in the United States.
|
| Government official: Coronavirus vaccine trial starts Monday Posted: 16 Mar 2020 03:15 AM PDT  The first participant in a clinical trial for a vaccine to protect against the new coronavirus will receive an experimental dose on Monday, according to a government official. The National Institutes of Health is funding the trial, which is taking place at the Kaiser Permanente Washington Health Research Institute in Seattle. The official who disclosed plans for the first participant spoke on condition of anonymity because the move has not been publicly announced.
|
| New coronavirus cluster linked to South Korean church Posted: 15 Mar 2020 08:11 PM PDT  A new coronavirus cluster linked to a South Korean religious group emerged on Monday, with 46 cases at a church near Seoul that defied calls to suspend services. The Grace River Church in Seongnam, south of the capital, finally closed its doors on Sunday after nearly a third of its 135 worshippers tested positive -- including the pastor and his wife. Forty infections had been newly confirmed among the congregation, Seongnam city authorities said, adding to six previously known.
|
| Spain's police are flying drones with speakers around public places to warn citizens on coronavirus lockdown to get inside Posted: 16 Mar 2020 06:14 AM PDT  Spain has declared a state of emergency and ordered its citizens to stay indoors except for necessary trips.
|
| Iran's death toll from coronavirus increases to 853: official Posted: 16 Mar 2020 04:01 AM PDT  Iran's death toll from the new coronavirus has reached 853, with 129 new deaths in the past 24 hours, a health ministry official tweeted on Monday, adding that a total of 14,991 people have been infected across Iran. "In the past 24 hours we had 1,053 confirmed new cases of coronavirus and 129 new deaths," Alireza Vahabzadeh tweeted. To contain the outbreak in Iran, one of the deadliest outside of China, officials have called on people to stay at home.
|
| An influencer filmed herself licking a plane toilet seat for 'clout' on TikTok as part of a 'coronavirus challenge' Posted: 16 Mar 2020 06:53 AM PDT  Ava Louise posted the video to her Twitter account, and it shows her lick the seat then give the camera a pout and two peace signs.
|
| Sanders says first thing needed in coronavirus pandemic is to 'shut this president up' Posted: 15 Mar 2020 05:28 PM PDT  During the Democratic debate, Sen. Sanders said the first thing needed to help the U.S. with the coronavirus pandemic is to "shut this president up right now."
|
| Sixty percent believe worst is yet to come for the U.S. in coronavirus pandemic Posted: 15 Mar 2020 06:00 AM PDT  Public attitudes about the coronavirus response are split along partisan lines in a new NBC News/Wall Street Journal poll.
|
| Rate cuts: US goes to almost zero and launches huge stimulus programme Posted: 16 Mar 2020 05:56 AM PDT  The move to combat the impact of coronavirus is a co-ordinated action with Europe, Japan and Canada.
|
| House Republicans Exploring Aid for Airports, Loans to Airlines Posted: 16 Mar 2020 07:43 AM PDT |
| Mitt Romney tweets coronavirus advice that would force senators to stay at home Posted: 16 Mar 2020 09:01 AM PDT  As the US Senate prepares to take up a huge coronavirus emergency package, Utah's Mitt Romney has tweeted stringent guidelines for older Americans worried about contracting the virus — advice that would apply to a good many of his colleagues.Credited to "a nurse friend", Mr Romney's advice includes several widely advised recommendations: "practice strict quarantine", "prepare your own meals at home", and working from home where possible.
|
| Japan man faces verdict in murder of 19 at disabled care home Posted: 15 Mar 2020 04:44 PM PDT  Satoshi Uematsu, a former employee at the facility, does not dispute his involvement in the grisly stabbing rampage that shocked Japan where violent crime is rare. Uematsu's behaviour in court, including apparently trying to put something in his mouth, disrupted proceedings in the first hearing in January, with the judge calling a recess and then resuming without him. Uematsu has reportedly said he wanted to eradicate all disabled people in the horrifying attack that also left 26 people wounded.
|
| The coronavirus debate crystallized the fundamental differences between Joe Biden's and Bernie Sanders' approaches to politics Posted: 15 Mar 2020 08:01 PM PDT  If the campaign were a fire, Joe Biden wants to focus on putting it out first, while Bernie Sanders wants to rewrite the code to stop the next one.
|
| Italy's coronavirus toll surges as worries grow over hospitals Posted: 15 Mar 2020 09:42 AM PDT  Italy recorded 368 more deaths from the coronavirus outbreak on Sunday, its biggest one day rise, amid growing concern about the ability of its strained health system to cope with the relentless increase in new cases. While the virus has begun spreading rapidly across Europe, Italy remains the second most heavily affected country in the world after China, where the illness first emerged, and the outbreak has shown no signs of slowing. The government is working urgently on procuring more protective equipment, Prime Minister Giuseppe Conte said, adding there was maximum attention on helping Lombardy, the northern region where the virus emerged just over three weeks ago.
|
| Amid coronavirus buying, Amazon sold out of bottled water and toilet paper, too Posted: 16 Mar 2020 08:04 AM PDT  E-tailer now offers free delivery on food items for Prime members, but some products won't be available until mid-April.
|
| Several African nations roll out measures to fight virus Posted: 15 Mar 2020 11:47 AM PDT  Several African countries have announced sweeping restrictions to try to contain the steady spread of the coronavirus, which has reached at least 25 of Africa's 54 countries. South Africa, Kenya, Senegal and Mauritania are among the countries that have imposed travel restrictions and closed schools. South African President Cyril Ramaphosa declared a national state of disaster.
|
| Donald Trump 'strongly considering full pardon' for Michael Flynn Posted: 15 Mar 2020 11:02 AM PDT  * President tweets support for first national security adviser * Opinion: Trump's use of clemency undermines the rule of lawDonald Trump is "strongly considering a full pardon" for Michael Flynn, his first national security adviser who pleaded guilty to lying to the FBI about his dealings with the Russian ambassador before Trump took office.Flynn cut a deal as part of special counsel Robert Mueller's investigation of Russian election interference and links between Trump and Moscow.He initially cooperated with the investigation, which concluded last year without establishing criminal conspiracy but did lay out extensive evidence of contact between Trump aides and Russia and possible obstruction of justice by the president himself.Flynn, who was fired as national security adviser after only 24 days in the role, has not yet been sentenced but a number of Trump aides and associates have been convicted and jailed in cases arising from Mueller's work.Flynn faces possible prison time.He sought to withdraw his guilty plea in January, "because of the government's bad faith, vindictiveness and breach of the plea agreement".His change in tack came after he hired a new lawyer, Fox News pundit Sidney Powell, a longtime critic of the Mueller inquiry who has peddled numerous false conspiracy theories on the investigation and other Trump policies and issues in prime time interviews.On Sunday, Trump tweeted: "So now it is reported that, after destroying his life & the life of his wonderful family (and many others also), the FBI, working in conjunction with the Justice Department, has 'lost' the records of General Michael Flynn. How convenient."I am strongly considering a Full Pardon!"Although Trump did not cite specific reports, Powell had tweeted hours earlier an unsubstantiated claim that "FBI still hiding evidence of Flynn's innocence".Powell, who has also repeatedly retweeted antisemitic conspiracy theories, has contended in rambling legal filings that FBI officials altered an interview summary with Flynn and conspired to prevent him from obtaining legal counsel before he was interviewed.Trump's use of the presidential pardon power has proved vastly controversial, as he has commuted sentences or pardoned prominent supporters including former sheriff Joe Arpaio and former New York City police commissioner Bernie Kerik.In cases related to the Russia investigation, Trump has flirted with the notion of pardoning or granting clemency to Paul Manafort, his former campaign chair who was found guilty of financial charges, and to Roger Stone, a longtime ally who was found guilty of lying to Congress and tampering with a witness."Somebody has to stick up for the people," Trump said in February.
|
| Ethiopia's missing students: Families' pain and the unsolved mystery Posted: 15 Mar 2020 05:08 PM PDT  The government has been slow to resolve the issue linked to the country's ethnic tensions.
|
| Native American tribes brace for coronavirus: 'It's going to be a test' Posted: 15 Mar 2020 02:56 AM PDT  "We need to do everything we can to make sure that Native Americans don't get left behind," Sen. Tom Udall, D-N.M., said.
|
| Andrew Gillum enters rehab after depression and alcohol abuse Posted: 16 Mar 2020 05:16 AM PDT  Andrew Gillum, a former candidate for Florida governor, has announced he's entering a rehab facility after suffering from depression and alcohol abuse.
|
| United Airlines execs wrote a grim letter to employees warning the coronavirus crisis will devastate summer travel and affect worker pay Posted: 16 Mar 2020 07:06 AM PDT  United Airlines' CEO and president wrote in a letter to employees that they expect demand will decrease into the summer with planes going unfilled.
|
| China sees fewer coronavirus cases, wary of international travellers Posted: 15 Mar 2020 05:42 PM PDT  Mainland China reported a drop in new coronavirus infections on Sunday, but major cities such as Beijing and Shanghai continued to wrestle with cases of infected travellers arriving from abroad. China had 16 new infections on Sunday, the National Health Commission said on Monday, down from 20 the previous day, taking the mainland's tally to 80,860. Beijing accounted for four infections, the southern province of Guangdong for four, while the commercial hub of Shanghai had two, with one each in southwestern Yunnan and northwestern Gansu.
|
| The largest school district in the US won't cancel classes even as students and parents test positive for COVID-19, prompting teachers to threaten a 'mass sickout' Posted: 15 Mar 2020 12:07 PM PDT  Members of New York City's teachers' union are threatening to "take action" if Mayor Bill de Blasio doesn't shut down the school system.
|
| Biden and Sanders spar over Social Security Posted: 15 Mar 2020 06:18 PM PDT  Former Vice President Joe Biden and Senator Bernie Sanders argued over Social Security while at the Democratic debate on Sunday.
|
| 'It just impacts us all': Military families try to cope with coronavirus travel restrictions Posted: 16 Mar 2020 09:15 AM PDT  Hundreds of thousands of service members and their families will be stuck close to home for nearly two months starting Monday .
|
| AP Explains: What did the Federal Reserve do Sunday and why? Posted: 15 Mar 2020 07:39 PM PDT  Brandishing an array of financial weapons, the Federal Reserve announced extraordinary action Sunday to try to blunt the heavy damage the coronavirus outbreak has begun to inflict on the U.S. economy. The surprise intervention was an acknowledgement by the Fed that the economy seems suddenly on the brink of recession and a signal that it will do all it can to minimize the blow to households, companies and the economy. By slashing its benchmark short-term rate and pumping hundreds of billions of dollars into the financial system, the Fed's moves recalled the emergency action it took at the height of the financial crisis.
|
| Puerto Rico imposes curfew, closings to contain coronavirus spread Posted: 15 Mar 2020 10:43 AM PDT  Puerto Rico has confirmed five cases of coronavirus, but there are at least 17 other suspected cases.
|
| Mnuchin says coronavirus economic downturn 'isn't like the financial crisis,' predicts 'big rebound' Posted: 15 Mar 2020 09:54 AM PDT  If the U.S. confronts the coronavirus pandemic properly, Treasury Secretary Steven Mnuchin doesn't believe the current economic downturn will leave a lasting mark, and he anticipates a "big rebound.""This isn't like the [2008] financial crisis, as I've said, this will have an end to it as we confront the virus," Mnuchin told Fox News' Chris Wallace on Sunday during an interview on Fox News Sunday.Instead of worrying about the long-term effects, he said the U.S. should focus on providing relief to people and business who need it right now. As he views it, Washington is undergoing a multi-step process to make sure that happens, starting with last week's bipartisan economic relief legislation. Next up, he said, the goal is to help out the struggling travel and hospitality industries.But looking down the road, Mnuchin feels good. "I have every confidence that this market is going to be higher down the road and the U.S. is still the greatest place to invest," he said after Wallace asked him about how much more stocks will likely drop. Read more at The Hill. > Treasury Secretary Steven Mnuchin: "I expect we'll have a big rebound later in the year." FNS FoxNews pic.twitter.com/TVrWfIUEtj> > -- FoxNewsSunday (@FoxNewsSunday) March 15, 2020More stories from theweek.com Hotels and casinos along the Las Vegas Strip are closing their doors due to coronavirus Tennessee's attorney general investigating man who bought 17,700 bottles of hand sanitizer Coronavirus is exposing America's shameful selfish streak
|
| US warns Iraq it 'will not tolerate' attacks on Americans Posted: 16 Mar 2020 07:51 AM PDT  Secretary of State Mike Pompeo warned Iraq Monday the US would retaliate "as necessary" against any new assaults on Americans after a slew of rocket attacks. The United States last week launched airstrikes against an Iranian-allied paramilitary group following a deadly attack on an Iraqi base housing US troops -- but rocket fire has continued unabated. In a phone call with Iraq's caretaker prime minister, Adel Abdel Mahdi, Pompeo said that Baghdad "must defend coalition personnel" who are officially deployed as part of the campaign against the Islamic State group.
|
| 'Not for sale': Germany has reacted furiously to Trump's attempts to poach German scientists working on a coronavirus vaccine Posted: 16 Mar 2020 04:50 AM PDT  The Trump administration reportedly offered German scientists a billion dollars for rights to a coronavirus vaccine that would be "only for the USA."
|
| Saudi Arabia detains 298 public officials in new corruption probes Posted: 15 Mar 2020 11:02 AM PDT  Saudi Arabia on Sunday announced the detention of hundreds of government officials, including military and security officers, on charges involving bribery and exploiting public office, and said investigators would bring charges against them. Scores of the kingdom's economic and political elite were detained in 2017 at Riyadh's Ritz-Carlton hotel in a corruption crackdown that unsettled some foreign investors. An anti-corruption body known as Nazaha tweeted on Sunday that it had arrested and would indict 298 people on crimes such as bribery, embezzlement, and abuse of power involving a total of 379 million riyals ($101 million).
|
| Satoshi Uematsu: Japanese man who killed 19 disabled people sentenced to death Posted: 15 Mar 2020 11:23 PM PDT  Satoshi Uematsu said disabled people who were unable to communicate well had no human rights.
|
| The Worst of Times for Airlines Could End up Being the Best of Times for Passengers Posted: 15 Mar 2020 01:59 AM PDT  Warren Buffet once quipped that the airline business was such a lousy investment that somebody should have shot down the Wright Brothers at Kitty Hawk to save the world a lot of money.For years "the sage of Omaha" followed his own advice and held off from investing in airlines. And then, in 2016, he changed his mind.By the end of last year, his investment vehicle, Berkshire Hathaway, owned more than 8 percent of each of the four main U.S. airlines, Delta, United, American, and Southwest.As late as last month Buffet bought another $45 million in Delta stock after the price fell 20 percent as a result of the novel coronavirus—he obviously misjudged how bad it was going to get.On Friday Delta cut 40 percent of its flights, ending all flights to Europe for the next month and parking 300 airplanes. The Delta CEO, Ed Bastion, waiving his own salary for six months, said, "The speed of the demand fall-off is unlike anything we've seen—and we've seen a lot in our business."Now Buffet's airline holdings have lost more than a third in value, falling to around $6.3 billionThe stress test hitting the world's airlines has no precedent in its severity.So here are two things to look for:Who is going to take the worst hits and what will the eventual outcome look like?In the short term it's wise to look at what Alan Joyce, the head of the Australian airline Qantas, said: "It's survival of the fittest."In fact, Buffet's change of heart about airlines is a clue to how some of the fittest got that way. Behind their strength is a single tool: yield management.The whole art of running an airline is matching the capacity—the number of seats available on a route over 24 hours—with the demand. Over the last decade smart algorithms have enabled managers to keep jiggling prices on each seat according to demand to maximize profits almost right up to boarding time.Given that degree of precision, and the consolidation of the U.S. airline market, where the four major carriers that Buffet invested in control 80 percent of the flights, the fittest and therefore likeliest to survive are right here in America.The weakest are mostly in Asia. One of the worst hit is Cathay Pacific, based in Hong Kong. They suffered the effect of a double-whammy: months of anti-government street protests and then the virus. The airline has just cut its capacity by 65 percent and expects a huge loss in the first half of 2020.In Europe there has already been one failure, the British short-haul airline Flybe, which the British government refused to bail out, and—as previously reported in The Daily Beast—Norwegian, Europe's third largest budget airline, needs another large cash injection to stay flying. The two top budget airlines, Ryanair and easyJet, are in a far stronger position.But in Europe the elephant in the room is British Airways. Its CEO, Alex Cruz, sent out a message to his employees starkly headed "The Survival of British Airways." He said that they faced "a crisis of global proportions like no other we have known."The truth is that British Airways has a problem that none of the big American airlines face—and it's one that the Americans deliberately avoided.Although British Airways is a worldwide premium brand it is actually part of a conglomerate, the International Airline Group, that combines Iberia, the Spanish national airline; Vueling, a budget airline based in Barcelona; Aer Lingus, the Irish airline; and LEVEL, a low-cost transatlantic carrier based in Paris.This is a mixture of business models that the American airline chiefs have deliberately stayed away from. It combines the legacy name, British Airways, a business with traditionally high profit margins, with others with far less brand value that are in intensely competitive markets where profits are elusive. Vueling, for example, swung from a loss of 11 million Euros in 2017 to a profit of five million Euros in 2018. Aer Lingus has had a similarly erratic record.As a result, automated capacity management, the magic sauce that transformed the profits of American airlines and gives them a vital resilience now, doesn't work when a legacy international market is locked in company with more precarious markets that become even more precarious in a crisis like this one. The weak drain away the profits of the strong.And this is where, for American travelers, the outcome beyond the crisis gets really interesting.By far the most profitable route for British Airways is across the pond, between London and New York. It's known as the billion dollar route because it is the only one of the airline's routes to produce as much as $1.15 billion in annual profits. And nearly a third of the seats are in business and first, by far the most lucrative. With the new ban on flights from Britain to the U.S. this gusher is now shut down.All the airlines flying the Atlantic, from Europe and the U.S., make good money because the fares reflect what is, in essence, a fixed market—fixed not by a cartel but by limited airport capacity. Throughout the main European hubs—London, Frankfurt, Amsterdam's Schiphol, and Paris—there is a shortage of gates so acute that the market in gates has become a kind of casino for high rollers.So it's a fair bet that, given the extreme effects of the current meltdown of airline finances, that once the coronavirus pandemic is over, the airlines will be so keen to duke it out to get their transatlantic routes back to profit—particularly to win back business travelers who have had to learn teleconferencing—that there will, for a while at least, be a bonanza of bargains for passengers.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
|
| 'We're not being quarantined. We're being detained.' Americans stuck in Cambodia amid pandemic Posted: 16 Mar 2020 07:47 AM PDT  When Ryan Knapp and his wife booked a cruise along the Mekong Delta, they thought it would be a dream trip. But it has turned into a nightmare.
|
| Fed may take boldest steps in a decade to ease virus impact Posted: 15 Mar 2020 10:45 AM PDT  The Federal Reserve is all but sure to take its most drastic steps Wednesday since the depths of the 2008 financial crisis to try to counter the coronavirus' growing damage to the U.S. economy and the financial markets. With the virus' spread causing a broad shutdown of economic activity in the United States, the Fed faces a daunting task. Some economists say the policymakers, led by Chair Jerome Powell, could cut their already low benchmark interest rate by up to a full percentage point.
|
| Biden leads Sanders by 2-to-1 among Democratic primary voters Posted: 15 Mar 2020 06:04 AM PDT  The former vice president also holds a 9-point edge in a one-on-one contest with Trump, according to a new NBC News/WSJ survey.
|
| Number of coronavirus cases in U.S. surges past 3,000 Posted: 15 Mar 2020 04:30 PM PDT  The number of confirmed coronavirus cases in the U.S. surged past 3,000 on Sunday, with at least 61 deaths, according to CDC and government data. Across the country, several cities and states announced further measures to limit the spread of the disease, including the closure of restaurants, bars, and nightlife venues. New York City Public Schools, the nation's largest school district, announced that all schools would be closed starting Monday. Meanwhile at the White House, President Trump claimed the government had "tremendous control" over the situation.> TRUMP: "We're learning from watching other countries ... This is a very contagious virus, it's incredible, but it's something that we have tremendous control over. I think very important the young people, people of good health and groups of people just are not strongly affected." pic.twitter.com/cDSlpxXt0r> > -- JM Rieger (@RiegerReport) March 15, 2020Internationally, Italy saw its deadliest day since the outbreak began, with 368 new deaths reported Sunday, bringing the country's total death toll from COVID-19 to more than 1,800. Other countries in Europe, including France, Germany, and Spain all announced harsher social distancing policies and immigration controls in response to sharply rising case numbers. More stories from theweek.com Hotels and casinos along the Las Vegas Strip are closing their doors due to coronavirus Tennessee's attorney general investigating man who bought 17,700 bottles of hand sanitizer Coronavirus is exposing America's shameful selfish streak
|
| Pope prays at Great Plague church as Italy toll mounts Posted: 15 Mar 2020 04:39 PM PDT  Pope Francis left Vatican City on Sunday to pray in a Rome cathedral for coronavirus victims as Italy's death toll hit a one-day high of 368. The 83-year-old pontiff's unannounced visit to a church with a crucifix from the times of the Great Plague came with Italy's hospitals running out beds and the entire nation of 60 million under effective lockdown. Only occasional joggers and a few locals carrying grocery bags could be seen on the streets of Rome in what has fast become Italy's biggest crisis in several generations.
|
No comments:
Post a Comment