CORONAVIRUS: Much of the US is intro’ing new restrictions as cases skyrocket. Think: new restrictions on gatherings in some places, curfews in others...you get the idea. And in Europe, multiple countries are reporting upwards of a 100,000 new cases from this past week. This comes as Trump is dubbing the whole idea that the coronavirus outbreak is worsening a “Fake News Media Conspiracy.” You read that right. The stock market doesn’t seem to agree; the Dow closed 650 points lower yesterday. In other news, there are a lot of new virus reports out. We’ll fill you in. In Kansas, counties with mask mandates had half the rate of new infections. Not a typo. Nationwide, child coronavirus cases are up 14 percent. Eli Lilly says its antibody treatment doesn’t work on patients who are hospitalized with advanced coronavirus. And lastly, a British study shows antibody levels drop over time.
DISASTERS: Yesterday, the Silverado Fire burst in Orange County, California. Nearly 100,000 people were forced to evacuate, and multiple firefighters were injured. The fire is currently at almost no containment. Now, Southern California Edison is announcing that its equipment may have sparked the fire. Speaking of which, Hurricane Zeta just slammed into Mexico’s Yucatan Peninsula as a Category 1 storm. There are fears that Zeta could bring a “dangerous” storm surge that’d raise water levels by 1 to 3 feet. The hurricane is expected to continue traveling along the coast and hit the US Gulf Coast later this week. Stay tuned.
WORLD: Japan’s setting some big goals. Yesterday, the country’s new prime minister, Yoshihide Suga, made the commitment to become carbon neutral and reach zero greenhouse gas emissions by 2050. In a speech, Suga said, “Responding to climate change is no longer a constraint on economic growth.” Then added that the world needs to change its thinking and realize that taking steps to stop climate change will actually help the economy. In other news, India is teaming up with the US in a new defense agreement. This comes after the country’s standoff with China in the Himalayas. And on that note: China says it’ll slap sanctions on American bizes like Boeing and Lockhead Martin after the US sold weapons to Taiwan.