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US is not prepared for coronavirus (2)
Mar 12, 2020 16:09A 2019 report by CSIS Commission on Strengthening America’s Health Security found “the United States remains woefully ill-prepared to respond to global health security threats.” Meanwhile if the virus spreads in the US, it will highlight the danger of healthcare inequality in this country as millions of people without insurance will delay seeking care and spread the disease to family, neighbors, and co-workers.
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US, European plunging stock markets ignite fears of meltdown as coronavirus spreads
Mar 11, 2020 17:05Escalating market turbulence and warnings of a worldwide economic fallout came as the human toll of the coronavirus, officially known as COVID-19, continued to grow. In the United States, the number of recorded cases surpassed 500 across 34 states and deaths rose to 22 as the Trump administration’s lack of preparedness was on full display Sunday morning.
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Global stock markets post biggest falls since 2008 financial crisis
Mar 11, 2020 07:55Global stock markets posted their steepest falls since the 2008 financial crisis after a crash in the oil price amplified concerns about the escalating economic cost of the coronavirus outbreak. Almost £125 billion was wiped off the value of the Financial Times Stock Exchange (FTSE) 100 in the fifth-worst day in history for the index of leading UK company shares, as it plummeted by 7.7 percent to finish the day below 6,000 points, its lowest level since straight after the Brexit vote in 2016.
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The coronavirus in the room and Trump’s denial
Mar 11, 2020 07:45Recently, US President Donald Trump lashed out at Democrats who have questioned his handling of the coronavirus threat, calling it their new "hoax". Trump accused rivals of "politicizing" the virus and boasted about preventive steps he has taken to keep it from spreading.
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Coronavirus: New York won’t close schools because homeless kids have nowhere else to go
Mar 11, 2020 07:36As the number of cases of COVID-19 in the US rises to over 150, Governor Andrew Cuomo has declared a state of emergency across New York State. Recently, local universities like Hofstra, Columbia and Yeshiva have shut their doors on students. But the city has no plans to close public k-12 schools – because tens of thousands of homeless children have nowhere else to go.
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The flu has killed far more people than coronavirus. So why all the frenzy about COVID-19?
Mar 10, 2020 06:15You’ve seen it on social media, heard it at a dinner party, and maybe you’ve even said it yourself. “The flu has killed tens of thousands more people,” the line goes. “So why is everyone freaking out about the coronavirus?”
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American National Nurses United issues grave warning on coronavirus in US
Mar 10, 2020 06:09The US National Nurses United (NNU) on Thursday, at a press conference in Oakland, Calif., gave the result of a survey sent out to union members asking if they felt their employers were prepared for the ongoing outbreak.
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Post-coronavirus crisis looming for the environment
Mar 09, 2020 12:06The rapid outbreak of the novel coronavirus, known as COVID-19, among countries around the world is not only a huge challenge for the public health, but the environment will also bear its dire consequences.
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What coronavirus could mean for global economy
Mar 08, 2020 16:12There is no doubt that financial markets now ascribe significant disruptive potential to COVID-19, and those risks are real. But the variations in asset valuations underline the significant uncertainty surrounding this epidemic, and history cautions us against drawing a straight line between financial market sell-offs and the real economy.
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WHO warns of global shortage of medical equipment to fight coronavirus
Mar 08, 2020 06:11The World Health Organization (WHO) warned of a global shortage and price gouging for protective equipment to fight the fast-spreading coronavirus and asked companies and governments to increase production by 40% as the death toll from the respiratory illness mounted.