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Tuesday, October 20, 2020

US Passes 5 Million Coronavirus Cases, Brazil Passes 3 Million: Live Updates

Summary: US passes 5 million cases Brazil passes 3 million COVID cases Global cases (per JHU): 19,481,330, deaths: 723,599. Texas reports new cases, deaths; extends March emergency declaration Trump signs executive order extending COVID relief South Africa crosses 10k deaths US reports 1.2% increase in confirmed cases Arizona reports 1,054 new cases US deaths top…

HSBC Lost $200 Million In One Day When The Gold Market Broke

Last week, we discovered precisely which bank got hammered by the violent divergence between the spot and future price of gold. As we reported, "HSBC had 15 "back-testing exceptions" in January and March, when the firm was caught out by moves in the prices of precious metals. Europe’s biggest bank said ... problems were caused…

Nearly 1.5 Million More Tuberculosis Deaths Expected Due To Coronavirus Lockdowns

Since the coronavirus outbreak forced doctors and hospitals around the world to delay most other medical care to focus 100% on combating the outbreak, lapses in vaccination routines have led to the reemergence of diseases like polio and measles. Alarmed by this trend, one ER doctor and coronavirus survivor in the Bronx warned that the…

After 86 Million Miles In Space, NASA Astronauts Forced To Take 186 Mile COVID-19-Detour...

You know the coronavirus restrictions in place globally are serious when its easier to get back to Earth from the International Space Station than it is to get home once you've touched back down on the blue planet.  NASA astronauts Andrew Morgan and Jessica Meir are being forced to take a major detour on their way…

6.5 Million Initial Jobless Claims Tomorrow?

Last week, when consensus was expecting a "modest" 281K initial jobless claims, we said that SouthBay Research's Andrew Zatlin, who has regularly been the most accurate predictor of labor market prints, expected no less than 2.4 million initial jobless claims. He was off by a million: the actual number was a staggering 3.28 million, quadruple…

5 Million Potential Carriers Have Left Wuhan As Coronavirus Appears To Mutate Into “More...

Over the weekend, there were numerous media reports published in hopes of easing fears that the coronavirus spread was uncontained, and informing the general public just how seriously China takes its quarantine of no less than 17 cities and roughly 60 million people. Take this report from AFP, according to which Police at a roadblock…

56 Million Chinese On Lockdown As Virus Spreads To Australia, Malaysia

As we move into Saturday evening on the ground in Wuhan, it's becoming increasingly obvious to the broader global community that China's authoritarian government has failed to contain this viral outbreak. Chinese authorities expanded the travel restrictions on Saturday to cover 56 million Chinese, Al Jazeera reports. At least 18 cities in central Hubei are…

46 Million Chinese Are Now Under Quarantine – More Than The Entire State Of...

Summary Here's a glimpse of new virus-related developments that occurred overnight. Total number of confirmed cases now 939+, 26 dead. China restricts travel for 46+ million people across 16 cities as the death toll surges. Two deaths have been reported outside Wuhan. Some residents displaying symptoms are being turned away from hospitals. Hospitals in Wuhan…

US Pledges $15 Million for Intel on Commander of Iranian Guard Corps’ Elite Unit

Reward also pertains to info that could disrupt “IRGC operations” In April, the United States officially designated Iran’s Islamic Revolutionary Guard Corps (IRGC) as a foreign terrorist organization.US State Department has offered a $15 million reward for information about Abdul Reza Shahlai, one of the commanders of the Quds Force, an elite unit in Iran’s…

Over 1 Million People Take To Chilean Streets To Protest Billionaire President

Authored by Eion Higgins via CommonDreams.org, "Chile is not the same as it was yesterday..." Chilean President Sebastián Piñera on Saturday said he would reshuffle his cabinet after over 1 million Chileans poured into city streets across the country Friday to demand structural reforms to the country’s government and economic system. In Chile, more than 1 MILLION people…
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