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Coronavirus: Worst economic crisis since 1930s depression, IMF says -

Coronavirus: Worst economic crisis since 1930s depression, IMF saysGlobal economic growth will turn "sharply negative" this year due to the pandemic, the IMF warns.


Thu, 09 Apr 2020 13:00:28 -0400

Pence Blocks Fauci, Birx from Appearing on CNN after Network Stops Airing Full White House Coronavirus Briefings -

Pence Blocks Fauci, Birx from Appearing on CNN after Network Stops Airing Full White House Coronavirus BriefingsVice President Mike Pence has blocked Drs. Anthony Fauci and Deborah Birx, as well as other top U.S. health officials, from appearing on CNN following the network's decision to not air the White House coronavirus press briefings in full."When you guys cover the briefings with the health officials then you can expect them back on your air," a spokesman for the vice president told CNN.Trump and the White House Coronavirus Task Force, led by Pence, have been giving daily briefings to the press for several weeks after rising numbers of Americans have been infected. A CNN executive said that the network has sometimes cut away from the briefings after Trump speaks, and turns to a panel to fact-check the president. However, the network usually broadcasts only the president's question-and-answer session.Fauci and Birx regularly appear at the briefings to give updates on the status of the coronavirus epidemic within the U.S. Fauci has also appeared on CNN virtual townhalls on the coronavirus for the past five weeks, but will not be present this Thursday.The New York Times, another outlet that has been a target of the Trump administration's ire, stopped airing the briefings on its website entirely."We stopped doing that because they were like campaign rallies," Elisabeth Bumiller, the paper's Washington bureau chief, told the Washington Post. "The health experts often have interesting information, so we’re very interested in that, but the president himself often does not."


Thu, 09 Apr 2020 12:30:22 -0400

The coronavirus probably started spreading in Wuhan far earlier than Chinese authorities reported — here's the more likely timeline -

The coronavirus probably started spreading in Wuhan far earlier than Chinese authorities reported — here's the more likely timelineThe first cases of COVID-19 in China popped up weeks before December 31, the date health authorities reported the first cluster of cases.


Thu, 09 Apr 2020 11:55:00 -0400

Fox’s Kilmeade: 60,000 Coronavirus Deaths Shows ‘How Good We Are Doing’ -

Fox’s Kilmeade: 60,000 Coronavirus Deaths Shows ‘How Good We Are Doing’Fox & Friends host Brian Kilmeade called for the American economy to quickly reopen amid downward revisions of some models projecting the coronavirus death count, saying Thursday that a now-expected 60,000 victims shows just “how good we are doing.”With one influential and highly respected modeler moving its projections down over the past few days, Fox News hosts have been clamoring for President Donald Trump to quickly reverse social-distancing restrictions in order to jumpstart the economy, claiming public health experts exaggerated the impact of the virus.Noting that Trump had originally expressed hope that the country could get going again at Easter, Kilmeade said that one model shows that the peak of the coronavirus infections will now come around that time. He then seemed to downplay the possibility of tens of thousands of more deaths.“The fact is, when someone says 200,000 people die, oops, I mean 60,000,” the Fox host declared. “And it's not going to be right away, it's going to be in August. That's how good we are doing and how off the models were.”“You have to wonder, as much as social distancing is working, I wonder if the economists are going to get in that room and say we have to stand up this economy in some way before we're not going to be able to stand when this is all said and done,” he continued.Co-host Steve Doocy, meanwhile, reminded his colleague that 60,000 coronavirus victims is still a “staggering number.”“It's a high number,” Kilmeade reacted. “But how many people are going to die as the country goes flat on its back for three months. We’re not going to look like the same country. So the economists have to have a say in this.​”As of publication, per the Johns Hopkins Coronavirus Resource Center, the United States has over 430,000 confirmed coronavirus cases and nearly 15,000 have died.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.


Thu, 09 Apr 2020 11:07:19 -0400

Coronavirus: World Bank predicts sub-Saharan Africa recession -

Coronavirus: World Bank predicts sub-Saharan Africa recessionThe region's economy will shrink for the first time in 25 years because of the coronavirus, the bank predicts.


Thu, 09 Apr 2020 08:59:23 -0400


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