CORONAVIRUS: Yesterday, the S&P 500 fell 6 percent - while the Dow dropped 1,500 points. Aka the sharpest daily decline in three months. All of this comes after the Federal Reserve declared it could take years before the unemployment rate recovers - plus as another 1.5 million jobless claims were filed in the US last week. Speaking of which, recently, Education Sec Betsy DeVos issued an emergency rule barring colleges from handing virus relief funds to foreign and undocumented students. Also making headlines: Prez Trump’s moving his Republican National Convention speech to Jacksonville, Florida. Because, coronavirus restrictions. On that note, prosecutors are taking a magnifying glass to Italy’s prime minister over the virus outbreak there. And in Africa, the number of cases doubled in the last 18 days.
ENVIRONMENT: All eyes are on BHP (as in the mining firm). Lately, there’s been anger over the firm’s plans to expand a mine in Western Australia, potentially destroying dozens of Aboriginal heritage sites. And all this was intensified after another big mining firm destroyed a 46,000 year old site last month. Now, BHP’s halting its expansion plans and talking with local Aboriginal groups. Across the world in Latin America, a new study shows that the jaguar trade (illegal, BTW) looks to be on the rise. Hint: seizures of jaguar parts have upped 200-fold over the past five years. You read that right. And in other studies, scientists just found that 123 million to 300 million bottles’ worth of tiny plastic fragments reaches remote parts of the US each year.
WORLD: Twitter’s been busy. See: the social media biz is trashing tens of thousands of fake accounts that were apparently “highly engaged” in spreading misinformation about China’s response to coronavirus and protests in Hong Kong. Not to mention 150,000 accounts that worked to like and retweet China’s messages. Reassuring. Meanwhile, Prez Trump just slapped a sanction on International Criminal Court officials who have been investigating whether US forces committed war crimes in Afghanistan. The ICC responded by calling the sanction an “unacceptable attempt to interfere with the rule of law.” And in other news, North Korea’s pledging to boost its nuclear program - coming two years after Prez Trump and Kim Jong Un met up.