Bloomberg Both US President Donald Trump and China’s Xi Jinping have good reasons to deflect political blame for the coronavirus outbreak. And that has both of them zeroing in on the pathogen’s name. As the disease formally designated as Covid-19 expands across the US, Trump and other top Republicans have sought to highlight the outbreak’s foreign origin and even use ...
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UK’s junior health minister diagnosed with coronavirus
Bloomberg A UK minister of health, Nadine Dorries, has become the first British member of parliament to test positive for coronavirus. She’s reported to have attended a reception with Prime Minister Boris Johnson the day before she fell ill, and had met hundreds of people in Parliament that week. The Times reported she had fallen ill on March 6 and ...
Read More »Putin sets path to stay on as Russia’s president to 2036
Bloomberg Vladimir Putin set the stage to stay on as Russia’s president for potentially another 16 years, reversing his past opposition to scrapping term limits so that he — and only he — can continue to rule the country. “I fully recognise my own personal responsibility towards the citizens of this country,†Putin said in an unscheduled speech before the ...
Read More »Venezuela detains opposition lawmaker
Bloomberg Venezuelan police detained an opposition lawmaker hours after Juan Guaido supporters in Caracas were met with tear gas during a protest against Nicolas Maduro’s regime. Masked FAES officers forcibly removed Renzo Prieto from a hotel in eastern Caracas in the late afternoon, according to Guaido’s press office. Two other lawmakers, Zandra Castillo and Angel Torres, were released after being ...
Read More »Sanders, Biden scrap rallies amid virus fears
Bloomberg Bernie Sanders and Joe Biden have cancelled planned rallies in Cleveland, Ohio amid concerns about coronavirus spreading at public events and suggested the campaigns might suspend large gatherings. But President Donald Trump’s campaign took a different tack, announcing that he would attend a ‘Catholics for Trump’ coalition event in Milwaukee, Wisconsin, on March 19, that “will bring together Catholics ...
Read More »Can’t the US economy tolerate higher taxes?
We are edging towards a soak-the-rich economy. To borrow from Winston Churchill: Rarely would so much be taken from so few. To be sure, the United States is undertaxed in the sense that people want more government spending than they are willing to pay for with higher taxes. Here are the numbers. In 2019, federal taxes equaled 16% of the ...
Read More »Coronavirus: To fear or not to fear!
Americans have become polarised over something other than politics. We’re now divided into those who are washing our hands more carefully and more often, but otherwise living as usual, and those who are buying a year’s supply of toilet paper at Costco and, at the extreme end, ordering $400 bottles of now-rare Purell. For every Covid-19 headline urging “don’t panic,†...
Read More »JPMorgan’s coronavirus challenge just got harder
Wall Street’s giants are grappling with an unprecedented test of their business resilience — arguably their biggest challenge since 2008. A potential pandemic is forcing a complete rethink of how they operate, while stock markets plummet amid fears of an economic slump. For JPMorgan Chase & Co, the world’s most systemically important financial institution, the sudden absence of its powerful ...
Read More »Was Mick Mulvaney a worst chief of staff?
Might as well be blunt about it: Mick Mulvaney, ousted last week, was probably the worst White House chief of staff ever. And there’s no reason to believe his replacement, Mark Meadows, will be any better. If anything, he looks like an even worse fit for the job than Mulvaney. Mulvaney’s main accomplishment seems to be that he was able ...
Read More »Covid-19 highlights US’s school-nurse shortage
School nurses are already on the front line battling epidemics, from asthma to obesity to teen suicide. Now, as the coronavirus epidemic forces schools to shuffle sports schedules and debate whether to cancel proms, school nurses would seem to be ideal leaders to help guide the response, from offering prevention tips to correcting the kind of misinformation that inevitably courses ...
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