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Health

How Unhealthy Was the Coronavirus Pandemic on Tourism in 2020? Have a look at the Numbers.

Numbers alone cannot capture the extent of the losses that have occurred as a result of the coronavirus pandemic. Datasets are crude tools for plumbing the depth of human suffering or the immensity of our collective grief.

However, numbers can help us grasp the magnitude of certain losses – especially in the travel industry, which saw an amazing collapse in 2020.

It is estimated that international arrivals worldwide have fallen to 381 million in 2020, from 1.461 billion in 2019 – a decrease of 74 percent. In countries whose economies are heavily dependent on tourism, the steep decline in visitor numbers was and is devastating.

According to recent figures from the United Nations World Tourism Organization, the decline in international travel in 2020 resulted in an estimated loss of $ 1.3 trillion in global export revenue. As the agency notes, that number is more than 11 times the loss incurred in 2009 as a result of the global economic crisis.

The charts below, discussing changes in international arrivals, emissions, air travel, cruise lines, and car trips, provide a comprehensive view of the impact of the coronavirus pandemic on the travel industry and beyond.

Before the pandemic, tourism was responsible for one in ten jobs worldwide. However, travel plays an even bigger role in the local economy in many places.

Consider the Maldives, where international tourism has accounted for around two-thirds of the country’s GDP in recent years, when you factor in direct and indirect contributions.

When lockdowns broke out around the world, international arrivals in the Maldives declined. From April to September 2020, they were 97 percent lower than in the same period in 2019. Throughout 2020, arrivals were down more than 67 percent from 2019, while the government, keen to promote tourism and mitigate losses, lured travelers with marketing campaigns and even courted influencers with paid junkets.)

Similar developments were seen in countries like Macau, Aruba and the Bahamas: standstills in February and March, followed by incremental increases over the course of the year.

The economic impact of travel-related declines has been staggering. In Macau, for example, GDP fell by more than 50 percent in 2020.

And the effects could be long-lasting. In some areas, travel expenses are not expected to return to pre-pandemic levels by 2024.

The pandemic has put commercial aviation into turmoil. One way to visualize the impact of lockdowns on air traffic is to consider the number of passengers who are checked daily at the Transportation Security Administration checkpoints.

Screenings of travelers fell in March before bottoming out on April 14 when 87,534 passengers were screened – a 96 percent decrease from the same date in 2019.

The numbers have risen relatively steadily since then, although the screening numbers are still less than half of last year.

According to the International Air Transport Association, an airline trading group, global passenger traffic fell 65.9 percent in 2020 compared to 2019, the largest decrease in aviation history year-over-year.

Another way to visualize the decline in air traffic over the past year is to consider the amount of carbon dioxide (CO2) emitted by airplanes around the world.

According to information from Carbon Monitor, an international initiative that provides estimates of daily CO2 emissions, global emissions from aviation fell by almost 50 percent to around 500 million tons of CO2 last year, after around 1 billion tons in 2019. (These numbers are expected to rebound, though the timing will largely depend on how long the absence of business and international travel.)

Overall, CO2 emissions from fossil fuels decreased by 2.6 billion tons in 2020, a reduction of 7 percent compared to 2019, largely due to declining transports.

In the first few months of the coronavirus pandemic, few industries played such a central and public role as the major cruise lines – starting with the outbreak on board the Diamond Princess.

In an industry scathing reprimand published in July, the Centers for Disease Control and Prevention accused cruise lines of spreading the virus widespread, citing 99 outbreaks aboard 123 cruise lines in US waters alone.

While exact passenger data for 2020 is not yet available, the publicly disclosed revenues – including ticket sales and onboard purchases – from three of the largest cruise lines offer a dramatic representation: strong revenues in the first few months of 2020 followed by a sharp decline.

The third quarter revenue of Carnival Corporation, the largest player in the industry, declined 99.5 percent year on year to $ 31 million in 2020, from $ 6.5 billion in 2019.

The outlook for the first few months of 2021 remains bleak: Currently, most cruise companies have canceled all trips until May or June.

International and domestic air traffic was significantly restricted by the pandemic. But how was the car ride affected?

One way to measure the change is to look at the Daily Travel Index created by Arrivalist, a company that uses mobile location data to measure consumer road trips over 50 miles or more in all 50 US states.

The numbers tell the story of a recovery slightly stronger than that of air travel: a sharp drop in March and April when state and local restrictions were put in place, followed by a gradual surge to around 80 percent of 2019 levels.

Another way to consider car trips in 2020 – and domestic travel in the US in a broader sense – is to check the visitor numbers for the American national parks.

Overall, the number of visitors to national parks decreased by 28 percent in 2020 – to 237 million visitors compared to 327.5 million in 2019, mainly due to temporary park closings and pandemic-related capacity restrictions.

The caveat, however, is that several parks saw record visitor numbers in the second half of the year when a wave of short-travel tourists began looking for safe and responsible forms of recreation.

Look at the numbers for recreational visits to Yellowstone National Park. After a closure in April, monthly visitor numbers to the park rose quickly above 2019 levels. September and October 2020 were both the busiest months, with October numbers beating the previous monthly record by 43 percent.

Some national parks near cities served as convenient recreational areas during the pandemic. In the Cuyahoga Valley National Park, the numbers for 2020 were above the numbers for 2019 from March to December. In the Great Smoky Mountains National Park, numbers rose sharply after a 46-day closure in spring and partial closings through August. Between June and December, the park saw an additional 1 million visits compared to the same period in 2019.

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Business

All-female management group guides Uncle Nearest whiskey to historic development

Onkel Nearest Premium Whiskey, a brand that recognizes the world’s first known African-American distiller, and his all-female management team smash stereotypes and break glass ceilings.

Executive director and founder Fawn Weaver said she attributes her company’s success not only to building a workforce that reflects America, but also to inviting all consumers to her table.

“I think we did something that hadn’t been tried before, which is to listen to what we are doing is good enough for everyone and we want to bring everyone to the table … and we saw it I think that is a huge success, “said Weaver, the first African American to run a major liquor brand.

Nathan Green, known to family and friends as “Uncle Nearest,” was a retired Tennessee slave who taught Jack Daniel how to make whiskey and is considered Daniel’s first master distiller, mentor, and teacher.

Weaver made his debut at Onkel Nearest Premium Whiskey in July 2017 and in less than two years the company expanded to all 50 states and 12 countries. According to IWSR Drinks Market Analysis, Onkel Nearest was one of the top five fastest growing U.S. whiskeys in the country by volume growth between 2018 and 2019.

“At the end of 2020, we celebrated our ninth consecutive quarter with triple-digit growth and are on the verge of exceeding that mark again for this quarter, making it our 10th quarter in a row,” said Weaver.

Katharine Jerkens, senior vice president of global sales at Onkel Nearest, told CNBC, “Based on our data, we see that Onkel Nearest’s customer is approximately 50% women. … When we launched Uncle Nearest was the average whiskey / Overall, about 30% of the Bourbon drinkers were women. “

In a Monday night interview on The News with Shepard Smith, Weaver said she was optimistic that the 50% figure would continue to rise.

“We’re happy to see that number, and that number wasn’t nearly that high to begin with. We’ve seen it go up over the past three or four years and I can’t wait for that number to keep going up.” said Weaver said.

One of Green’s descendants also shapes the company. Green’s great-great-granddaughter Victoria Eady Butler is the brand’s master blender and the first female African-American master blender in history. She is also the first black woman to be named Master Blender of the Year by Whiskey Magazine’s whiskey icons.

“To carry on the legacy my great-great-grandfather started … it feels like coming home,” said Eady Butler. “It is the most wonderful responsibility and honor that you can imagine.”

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Health

WHO scientist warns world is at ‘very dangerous’ stage as Covid instances rise

The world needs to step up its efforts to fight Covid-19 – and countries must not give up their vigilance, the World Health Organization’s chief scientist warned on Monday as coronavirus cases rise around the world.

“We are in a very risky phase,” said Dr. Soumya Swaminathan from the World Health Organization. “We have to double up, this is not the time to slack off.”

The WHO warned last week that the number of new Covid-19 cases is increasing with declines worldwide after six consecutive weeks. More than 2.6 million new cases were reported in the last week of February, a 7% increase from the previous week, according to the health department.

The Eastern Mediterranean, Southeast Asia, Europe and America all recorded increases of between 6% and 14%.

Although vaccines are on the rise for us in the nation, we cannot give up our vigilance.

Julie Morita

Robert Wood Johnson Foundation

“This is partly due to lockdown fatigue, you know. It’s because people … may loosen up believing vaccines are on the way,” Swaminathan told CNBC’s Squawk Box Asia on Monday. New variants could also play a role, she added.

“We have to … do everything we know to keep these viruses under control, keep transmission under control until we have enough vaccines,” she said, warning health systems could become overloaded again.

“Health workers around the world are exhausted, they have been battling it for over a year now,” she added.

Other health professionals have also suggested that it is not time to get complacent.

Julie Morita, executive vice president of the Robert Wood Johnson Foundation, said it was important to realize that infections, hospitalizations and deaths are still high even after falling from their peaks in the US

“It is still necessary that we wear our masks, social distance, avoid large crowds while we are vaccinated,” she told CNBC’s Street Signs Asia on Monday.

“Although vaccines are on the rise for us in the nation, we cannot give up our vigilance,” she said. “It’s way too early to relax.”

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Politics

Pandemic Aid Invoice Fulfills Biden’s Promise to Broaden Obamacare, for Two Years

WASHINGTON – President Biden’s $ 1.9 trillion coronavirus relief bill will deliver on one of his key election promises to fill the loopholes in affordable care law and make health insurance affordable for more than a million middle-class Americans who could not afford insurance under the original law.

The bill, which will most likely go to the House for a final vote on Wednesday, provides for a significant, if temporary, increase in health insurance subsidies earned under the law. Among the changes, the Obama administration’s domestic achievement will reach middle-income families who have been deterred from buying health plans on the federal market because they come with high premiums and little or no government help.

The changes will only take two years. For some, however, they will be sizeable: the Congressional Budget Bureau estimated that a 64-year-old earning $ 58,000 would cut monthly payments from $ 1,075 under current law to $ 412 under current law, as the federal government took one Would cover most of the cost. The bailout plan also includes bountiful new incentives to encourage the few holdout states – including Texas, Georgia, and Florida – to finally expand Medicaid to include those who have too much money to qualify for the federal health program for the poor, but too little to be able to afford private cover.

“For people who are eligible but not buying insurance, this is a financial problem, and increasing the subsidy will bring the price down,” said Ezekiel Emanuel, a health policy expert and professor at the University of Pennsylvania who advised Mr. Biden during his transition. The bill, he said, would “greatly reduce the number of uninsured”.

However, with those provisions only lasting two years, the Aid Act almost guarantees that health care will be the focus of the 2022 midterm elections when Republicans attack the measure as a lavish extension of a health bill they have long hated. In the meantime, some Liberal Democrats may complain that the changes only prove that a patchwork approach to health insurance will never work.

“Of course it’s an improvement, but I think it’s insufficient given the health crisis we are facing,” said Representative Ro Khanna, a progressive Democrat from California who prefers the government-run Medicare for All deposit system was greeted by Senator Bernie Sanders, independent from Vermont, and the Democratic Left.

“We are in a national health crisis,” said Khanna. “Fifteen million people have just lost their private health insurance. This would be the time for the government, at least for the 15 million, to say we should put them on Medicare. “

Mr Biden, when running for the White House, made it clear that he was not in favor of Medicare for All and instead wanted to strengthen and expand the Affordable Care Act. The bill, expected to arrive at his desk in time for an Oval Office prime-time address on Thursday evening, would do so. The health bill changes would cover 1.3 million more Americans and cost about $ 34 billion, according to the Congressional Budget Office.

New Jersey representative Frank Pallone Jr., who helped draft the Health Bill more than a decade ago and chairs the House’s Energy and Trade Committee, cited it as “the largest expansion we’ve had since the ACA was passed.” designated.

As a candidate, however, Mr. Biden made more promises, a “public option” – a government-led plan that Americans could choose from on the Health Act online marketplaces that now only include private insurance.

“Biden made a public option to voters, and it’s a promise he must keep,” said Waleed Shahid, a spokesman for the Justice Democrats, the liberal group that helped vote for Alexandria Ocasio-Cortez and other progressive Democrats . Of the stimulus bill, he said, “I don’t think anyone thinks this is Biden’s health plan.”

When Mr Biden or the Democrats would come up with such a plan remains unclear, and passing it in an evenly divided Senate would be an uphill battle. White House officials said Mr Biden wants to overcome coronavirus relief law before setting a broader domestic agenda.

Affordable Care Act is dear to the heart of Mr. Biden, who as Vice President and President Barack Obama made it a big deal in 2010 with an expletive. It has expanded reach to more than 20 million Americans, cutting the uninsured rate from 17.8 percent in 2010 to 10.9 percent in 2019.

Updated

March 8, 2021, 8:08 p.m. ET

Even so, around 30 million Americans were uninsured between January and June 2020, according to the latest figures from the National Health Interview Survey. The problem only got worse during the coronavirus pandemic when thousands, if not millions, of Americans lost their insurance because they lost their jobs.

Mr Biden has already taken some steps to fix this. In January, he ordered the Affordable Care Act health insurance markets to reopen to give those throttled by the pandemic economy a new chance at insurance coverage. He also took steps to restore the cover mandates undermined by his predecessor, including protecting those with pre-existing medical conditions.

The stimulus plan would allow higher-middle-income Americans to get new financial assistance for purchasing plans in federal markets, and the rewards for those plans would cost no more than 8.5 percent of an individual’s modified adjusted gross income. It would also increase subsidies for those on lower incomes.

The White House and Democratic supporters of the bill say its health policy is the most significant addition to the Affordable Care Bill since it was passed, and possibly the only politically possible addition. They find that with an evenly divided Senate, there is little chance of more fundamental restructuring like Medicare for All.

“I understand the desire to really revise and simplify the system, but I think there is also the political reality of what can be enforced,” said Dr. Emanuel.

Healthcare remains a strong political selling point for Democrats with voters who consistently give Democrats an edge when asked which party they trust most to solve the problem. Republicans have tried for the past decade to undermine the Affordable Care Act and overturn it in Congress, to no avail.

“I think that argument was fought and lost,” said Whit Ayres, a Republican pollster, admitting that the repeal effort with the Democrats, who are in charge of the White House and both Houses of Congress, has ended, at least for now.

Republicans have always said their plan was to repeal and replace the health bill, but after 10 years they still haven’t found a replacement. Mr Ayres said his company is working to “develop an alternative health message” that is not about “just throwing everyone into a state health problem”.

However, polls show that the idea of ​​a government-led program is gaining traction among voters. In September, the Pew Research Center reported that the proportion of Americans who say health insurance should be provided through a single national government program has increased over the past year, particularly among Democrats.

The poll found that 36 percent of Americans and 54 percent of Democrats were in favor of a single national program. When asked whether the government was responsible for providing health insurance, either through a single national program or a mixture of public and private programs, 63 percent of Americans and 88 percent of Democrats agreed.

The Medicare for All debate marked a strong dividing line between progressive and more mainstream Democrats during the 2020 election. Massachusetts-based Mr. Sanders and Senator Elizabeth Warren put their candidacies on it only to lose the nomination to Mr. Biden.

In the hotly contested House primaries, support from Medicare for All gave a boost to candidates like Jamaal Bowman from New York, Marie Newman from Illinois and Cori Bush from Missouri. All ousted Democratic incumbents last year in primary races that focused on health care.

“I would argue that Medicare’s expansion has gained momentum given the pandemic and the experiences people are having,” said California Congressman Khanna. “You bought time, but I think at some point there will be a debate about a permanent solution.”

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Business

Sanctions Are Reimposed on Israeli Billionaire Granted Aid Underneath Trump

WASHINGTON – The Biden administration on Monday again imposed financial sanctions on an Israeli mining executive who reached out to a team of lobbyists to ease measures during President Donald J. Trump’s last term in office.

The reversal came after a series of complaints from human rights activists, members of Congress and activists in the Democratic Republic of the Congo, in which businessman Dan Gertler secured access to mining rights for decades through what the Treasury Department called “a” during the Trump administration corrupt deals where the Congo had more than $ 1.3 billion in revenue from the sale of minerals.

In mid-January, just before Mr Trump stepped down, Mr Gertler secretly secured a one-year license from the Treasury Department freezing the money he had deposited with financial institutions in the United States. The license also effectively ended a ban on Mr. Gertler from doing business through the international banking system. The Trump administration imposed these sanctions in 2017.

The Biden administration is now endeavoring to reinstate these conditions, although Mr Gertler has likely already withdrawn some of the previously frozen money from the United States.

The Foreign Ministry said Monday that Mr. Gertler was “involved in extensive public corruption” and that the Treasury, in consultation with the Foreign Ministry, was reversing its actions.

“The license previously granted to Mr. Gertler contradicts America’s strong foreign policy interests in fighting corruption around the world, particularly US efforts to fight corruption and promote stability in the Democratic Republic of the Congo,” it said a statement from the US State Department Monday. “The United States will continue to promote accountability for corrupt actors using all the tools we have at our disposal to promote democracy, uphold international norms and place a tangible cost on those who try to improve them.”

Alan M. Dershowitz, an attorney and lobbyist who helped Mr. Gertler call for the sanctions to be lifted, said he was disappointed with the Biden government’s action.

“This decision was made unilaterally, without Mr. Gertler having the opportunity to provide evidence that he met all requirements and was behaving properly,” said Mr. Dershowitz. “We are in the process of reviewing all of our options.”

Mr. Gertler has worked in the Congo for more than two decades and has signed a number of contracts for the export of diamonds, gold, oil, cobalt and other minerals. The Treasury Department said in 2018 that he had “amassed hundreds of millions of dollars in fortune through opaque and corrupt mining.”

Mr. Gertler had promised American officials that he would comply with global anti-corruption rules in order to obtain the license that the Treasury Department had granted him in January. But officials in the Congo said the sanctions exemption would undermine efforts to fight corruption and help the new democratically elected president limit the continued influence of the country’s former leader Joseph Kabila, an ally of Mr Gertler.

“The restoration of sanctions will allow the Congolese and US anti-corruption efforts to get back on track.” said John Prendergast, co-founder of The Sentry, a nonprofit human rights group that was among more than a dozen and had asked the Biden administration to revoke its license. “Dan Gertler’s corrupt partnership with former President Joseph Kabila has cost the Democratic Republic of the Congo dearly in terms of lost resources, lost services and ultimately lost lives.”

In 2019, Mr. Gertler hired Mr. Dershowitz, who served as Mr. Trump’s attorney, and Louis Freeh, a former FBI director, to act as lobbyists to urge the Treasury Department to lift the sanctions.

Mr. Gertler was granted the license after Treasury Secretary Steven Mnuchin directed the agency’s acting head of the Agency’s Foreign Assets Control Office to take the move, despite several Trump-era State Department officials overseeing United States’ African relations were opposite The New York Times when they hadn’t known such a move was imminent and that they were against it.

After the grant of the license became public, employees of Mr. Gertler said that part of the reason he was given special treatment was because he had played an unknown role in supporting US national security interests. Tax officials and representatives of Mr. Gertler would not describe the specifics of the support.

The same Treasury office that licensed Mr. Gertler in January revoked it on Monday, yet another sign of how unusual this series of events was.

Activists in the Congo who have worked for years to ensure that the wealth produced by mining minerals in the nation – one of the poorest in the world despite having some of the most important mineral reserves in the world – hoped the action would make further progress Combating corrupt businesses that have understaffed the people there.

“This will give the government here a reason to hold Dan Gertler and his staff a little more accountable,” said Fred Bauma, member of The Struggle for Change, a human rights group in the Congo. “It’s good news from the new administration in the United States.”

Democrats in Congress, who urged the Treasury Department to reverse the action, also praised the move.

“If well-connected international billionaires like Gertler believe that there is a chance they can get away with their corrupt actions, they won’t be stopped from doing so,” said Senator Ben Cardin, Democrat of Maryland and a member of the Senate Foreign Relations Committee said in a statement.

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World News

Vaccinated People, Let the Unmasked Gatherings Start (however Begin Small)

Federal health officials said Monday, millions of Americans now vaccinated against the coronavirus, they could resume some long-denied freedoms, like gathering in small groups at home without masks or social distancing for a hopeful glimpse into the next phase of the game Grant pandemic.

The recommendations from the Centers for Disease Control and Prevention came almost exactly a year after the virus began to strangle the country and Americans were warned about gatherings for fear of spreading the new pathogen.

Now the agency has good news for long separated families and individuals struggling with pandemic isolation: Vaccinated grandparents can, under certain circumstances, visit adult children and grandchildren again, even if they are not vaccinated. Vaccinated adults can begin planning mask-free dinners with vaccinated friends.

As cases and deaths decline across the country, some state officials are rushing to reopen businesses and schools. Texas and Mississippi governors have repealed statewide mask mandates. Federal health officials have repeatedly warned against easing restrictions too quickly, fearing the measures could set the stage for a fourth surge in infections and deaths.

The new recommendations are designed to put Americans on a more cautious path with clear boundaries for safe behavior, while recognizing that most of the country remains vulnerable and many scientific questions remain unanswered.

“As more Americans get vaccinated, there is increasing evidence that there are some activities that fully vaccinated people can be reintroduced with little risk to themselves,” said Dr. Rochelle P. Walensky, director of the CDC, at a White house news conference on Monday.

On Thursday, President Biden will make his first prime-time televised address, mentioning the first anniversary of the pandemic outbreak and “highlighting the role Americans will play” in “getting the country back to normal,” Jen Psaki, who White House press secretary, told reporters on Monday.

As of Monday, 60 million Americans had received at least one dose of a Covid-19 vaccine, and about 31.3 million had been fully vaccinated, according to a database maintained by the New York Times. The providers administer an average of about 2.17 million doses per day.

Mr Biden has promised that there will be enough doses for every American adult by the end of May. CDC officials on Monday encouraged people to get the first vaccine available, stressing that the vaccines are highly effective against “serious Covid-19 disease, hospitalization and death”.

Despite the rapidly accelerating pace of vaccination, the pandemic won’t recede overnight, said experts, who praised the detail and scientific basis of the CDC’s recommendations.

“This is not a turn on and off,” said Dr. Carlos del Rio, Vice President of the Infectious Diseases Society of America. “It’s more like turning a faucet – you slowly start turning the faucet off.”

Even so, “it’s welcome news,” he added. “It’s the first time they say you can do something instead of saying everything you can’t. It’s huge. “

The new guidelines provide much-needed advice to those who are unwilling to resume face-to-face interactions even after vaccination, said Vaile Wright, senior director of healthcare innovation for the American Psychological Association.

About half of all adults are concerned about going back to normal life, including 44 percent of those who have been fully vaccinated, said Dr. Wright, citing shortly published research by the American Psychological Association. “What drives this discomfort is the uncertainty,” she said.

Updated

March 8, 2021, 6:13 p.m. ET

“It’s really hard to know what is safe and what is not. If we can give people science-based information – “Here’s what you can do, but we still recommend it” – people will get what they need to make informed decisions about the safety of themselves and their families to meet. “

In the new guidelines, federal health officials indicated that fully vaccinated Americans can gather in small groups with other fully vaccinated individuals in private homes, with no masks or distancing.

You can gather with unvaccinated individuals in a private household without a mask or distancing, as long as the unvaccinated individuals occupy a single household and all members have a low risk of developing serious illness if they contract the virus.

For example, vaccinated grandparents can visit unvaccinated healthy adult children and healthy grandchildren without masks or physical distance.

When asked if vaccinated family members should kiss and hug children and grandchildren who are not vaccinated, Dr. del Rio yes, but advised caution: “I would not overdo it.”

In public areas and in places such as restaurants or gyms, vaccinated people should continue to wear masks, maintain social distance, and take other precautions, such as B. Avoid poorly ventilated rooms, cover coughs and sneezes, and wash their hands frequently, CDC officials said.

The CDC’s advice is for Americans who are fully vaccinated, that is, those for whom at least two weeks have passed since they received the second dose of the Pfizer BioNTech or Moderna vaccines, or a single dose of the Johnson & Johnson vaccine .

What you need to know about the vaccine rollout

What is safe for newly vaccinated Americans and their unvaccinated neighbors and family members has been largely uncertain as scientists do not yet understand whether and how often vaccinated people can still transmit the virus. If possible, masking and other precautions are still needed in certain environments to contain the virus, the researchers said.

The CDC said Monday that research showed that people who are fully vaccinated are less likely to have asymptomatic infections and “may be less likely to spread the virus that causes Covid-19 to other people”. However, the agency didn’t rule out the possibility that they could accidentally transmit the virus.

There is also uncertainty about how well vaccines protect against new variants of the virus that are more transmissible and potentially more virulent, as well as how long the vaccine protection lasts. Some of the variants carry mutations that seem to dull the body’s immune response.

The CDC noted that vaccinated Americans do not need to be quarantined or tested if exposed to the virus unless they develop symptoms of infection. If they do, isolate themselves, get tested if possible, and speak to their doctors.

Vaccinated Americans should not congregate with unvaccinated people from more than one household and should continue to avoid large and medium-sized gatherings. (The agency did not specify what size a large or medium congregation would be.)

The guidelines differ slightly for fully vaccinated group home residents and incarcerated individuals who, due to the higher risk of transmission in such environments, should continue to be quarantined and tested for 14 days if exposed to the virus.

Vaccinated workers in high density environments such as meat packing plants do not need to be quarantined after exposure to the coronavirus, but testing is still recommended.

The CDC has not revised its travel advice and has continued to advise that all Americans stay home unless necessary. Dr. Walensky noted that the virus cases had increased every time the trip increased.

“We’re really trying to limit travel,” she said. “And we hope our next guidelines will have more science on what vaccinated people can do, maybe travel among them.”

The new guidelines clearly outline the rewards of vaccination and are likely to motivate even more Americans to seek vaccinations and curb persistent vaccine hesitation, said Dr. Rebecca Weintraub, Assistant Professor of Global Health and Social Medicine at Harvard Medical School.

“You can resume an activity that many people long for – being around the people they love, in small gatherings where you can see each other smile and hug each other,” said Dr. Grapes.

“It has been well researched that anticipation is an integral part of joy,” she added. “These guidelines will help any person receiving a vaccine anticipate future joy. As a doctor and a vaccine, I’m excited. “

Noah Weiland contributed to the reporting.

Categories
Business

Sew Repair (SFIX) Q2 2021 earnings high estimates

Katrina Lake, CEO of Stitch Fix

Adam Jeffery | CNBC

Stitch Fix reported a less-than-expected loss for the last quarter on Monday, but the company fell short of analysts’ expectations for sales and outlook as shipping delays and lower customer spending weighed on sales.

The stock fell 21% in extended trading.

The subscription styling service lowered its revenue forecast for the current quarter and fiscal year, citing ongoing uncertainty due to the coronavirus pandemic and longer purchase cycles due to delivery issues.

The company reported for the quarter ended Jan. 30, relative to Wall Street expectations, based on an analyst survey conducted by Refinitiv:

  • Loss per share: 20 cents compared to 22 cents expected
  • Revenue: $ 504.1 million versus $ 512.2 million expected

Stitch Fix posted a net loss of $ 21 million, or 20 cents per share, for the second quarter, compared to earnings of $ 11.4 million, or 11 cents per share, a year earlier. Analysts surveyed by Refinitiv expected a loss per share of 22 cents.

Net sales rose 12% to $ 504.1 million, below expectations of $ 512.2 million. Shipping delays during the holiday season resulted in the company being forced to run a backlog and unable to post revenue for all of the boxes shipped during the quarter. Stitch Fix records revenue when customers check out items, not when the company ships the order.

The company also said its overall Christmas sales were weaker than expected as consumers stopped just spending money on themselves, but buying gifts for others as well. However, it was the strongest January in existence.

For the third quarter of fiscal year, Stitch Fix expects net sales of $ 505 to 515 million, representing growth of 36 to 39 percent, and adjusted loss before interest, taxes, depreciation and amortization of $ 5 to 9 million. Executives said February shipping and processing delays so far have been a “mixed bag” and they expect the trend to continue as the third fiscal quarter progresses.

For the full fiscal year 2021, the company now expects sales growth of 18% to 20% compared to the previous outlook of 20% to 25%. Wall Street forecast sales growth of 22.6% for the fiscal year.

The company added 110,000 new active customers in the quarter, bringing the total to nearly 3.9 million. Stitch Fix announced that it added more active customers in the first half of fiscal year 2021 than in the entire previous fiscal year.

However, customers spend less on average. Active customers spent an average of $ 467, down 7% from the same period last year.

Stitch Fix defines active customers as those who have purchased an item directly from its website in the past 52 weeks from the last day of the quarter.

Read the full letter to shareholders here.

Categories
Entertainment

How Meghan Markle’s Inform-All Is Much like Princess Diana’s

When Meghan Markle and Prince Harry’s Tell-All with Oprah Winfrey was first announced in February, people immediately began making comparisons with Princess Diana’s famous interview with Martin Bashir in November 1995 after she broke up with Prince Charles. But the similarities became even more noticeable when it finally aired on March 7th. In addition to matching bold eyeliner looks and Meghan wearing one of Diana’s bracelets, both Meghan and Diana had similar revelations about their time as royals and how intense pressure from the Palace and British press was affecting their sanity. Although it has been almost 26 years since Diana’s interview, it is alarming to see that not much has changed since then. Hopefully Harry and Meghan’s Tell-All will serve as a wake-up call for both the palace and the UK media.

When joining the royal family

Diana: “At the age of 19 you always think you are prepared for anything and you have the knowledge of what lies ahead of you. But although I was discouraged by the prospect at the time, I felt I had my husband’s support -being . “

Meghan: “I’ll say I was naive about it because I didn’t know much about the royal family. It wasn’t part of the conversation at home, it wasn’t something we followed,” she said. “I haven’t looked what that would mean. I never looked up my husband online. I just didn’t feel the need to because he shared everything I needed to know with me.”

If you don’t get support during your royal transitions

Diana: “Nobody sat me down with a piece of paper and said, ‘This is what is expected of you.’ But here, too, I’m lucky enough to have found my role, and I’m very aware of that, and I love being with people, “said Diana. “It was isolating, but it was also a situation in which you couldn’t feel sorry for yourself: you either had to sink or swim. And you had to learn that very quickly.”

Meghan: “Contrary to what you see in the movies, there is no class on how to talk, how to cross your legs, how to be regal,” Meghan said as she recalled the UK national anthem on the night Googling before a royal engagement.

About battling unwanted media attention

Diana: “The most disheartening aspect was the media attention because my husband and I were told when we got engaged that the media would be quiet and it didn’t. When we were married they said it would be quiet and so.” not, and then it started to focus very much on me and I seemed to be on the front of a newspaper every day which is an isolating experience and the higher the media you put, the bigger the drop the bigger the drop. And I was very aware of that. “

Meghan: “I would get up at night and I was just – I don’t understand how this is all stirred up – and again I haven’t seen it – but it’s almost worse if you feel it by the expression my mother said, or my friends, or her, calling me and crying: “Meg, they don’t protect you.” And I realized that everything happened just because I was breathing. “

How the royal family let them down in their time of need

Diana: “Maybe I was the first person in this family who ever had depression or was openly weepy. And that was obviously disheartening because if you’ve never seen it, how do you support it?” Said Diana. “Well, it gave everyone a wonderful new label – Diana is unstable and Diana is mentally unbalanced. And unfortunately that seems to have stayed back and forth over the years.”

She continued: “When nobody listens to you or you feel that nobody listens to you, all kinds of things happen. For example, you have so much pain inside you that you try to hurt yourself from the outside because you want help, but it’s the wrong help you’re asking for. People see it as a crying wolf or seeking attention and they think because you’re in the media all the time, you’ve got enough attention, quotes. But it actually was me screaming because I wanted to get better, to continue my duty and role as a woman, mother, Princess of Wales. So yeah, I did something to myself. I didn’t like myself, I was ashamed because I couldn’t handle the pressure getting ready. “

Meghan: “Look, I was really ashamed to say it at the time and ashamed to have to admit it, especially Harry, because I know how much loss he has suffered. But I knew if I didn’t say it, I would do – and I just didn’t want to be alive anymore. And that was a very clear and real and scary constant thought, “she admitted. “I went to one of the oldest people for help. I share this because there are so many people who … are afraid to speak that they need help and I personally know how difficult it is Don’t just say it. ” but when you say it you say no. [Going to a hospital] is what i asked for. You can’t just do that, I couldn’t call Uber into the palace, you couldn’t just leave. “

Why they decided to resign from the royal family

Diana: “The pressure was unbearable back then and my job, my work was affected. I wanted to give 110% for my work and I could only give 50. I was constantly tired, exhausted because the pressure was easy, it was like I thought , the only way to do this would be to get up and give a speech and extract myself before I started disappointing and not doing my job, it was my decision to give this speech because I owed it to the public to do so to say that, you know, “Thank you. I’m going away for a while, but I’ll be back.” “

Meghan: “We never left the family. We said, ‘OK, if this doesn’t work for everyone, we are in a lot of pain. They can’t give us the help we need. We can just take one.” Step back. We can do it in a commonwealth country. ‘We proposed New Zealand, South Africa. ”

Why they finally decided to speak up

Diana: “Maybe people have a better understanding, maybe there are many women out there who suffer on the same level, but in a different environment, who are unable to stand up for themselves because their self-esteem is divided in two . “

Meghan: “As an adult who has lived a really independent life and then goes into this construct that is different from what I think people expect, it is really liberating to have the right and the privilege to be able to say in a certain way Yes, I am ready to talk. “

Image source: Getty / Handout / John Shelley Collection / Avalon

Categories
Health

How Unhealthy Was 2020 for Tourism? Have a look at the Numbers.

Numbers alone cannot capture the extent of the losses that have occurred as a result of the coronavirus pandemic. Datasets are crude tools for plumbing the depth of human suffering or the immensity of our collective grief.

However, numbers can help us grasp the magnitude of certain losses – especially in the travel industry, which saw an amazing collapse in 2020.

It is estimated that international arrivals worldwide have fallen to 381 million in 2020, from 1.461 billion in 2019 – a decrease of 74 percent. In countries whose economies are heavily dependent on tourism, the steep decline in visitor numbers was and is devastating.

According to recent figures from the United Nations World Tourism Organization, the decline in international travel in 2020 resulted in an estimated loss of $ 1.3 trillion in global export revenue. As the agency notes, that number is more than 11 times the loss incurred in 2009 as a result of the global economic crisis.

The charts below, discussing changes in international arrivals, emissions, air travel, cruise lines, and car trips, provide a comprehensive view of the impact of the coronavirus pandemic on the travel industry and beyond.

Before the pandemic, tourism was responsible for one in ten jobs worldwide. However, travel plays an even bigger role in the local economy in many places.

Consider the Maldives, where international tourism has accounted for around two-thirds of the country’s GDP in recent years, when you factor in direct and indirect contributions.

When lockdowns broke out around the world, international arrivals in the Maldives declined. From April to September 2020, they were 97 percent lower than in the same period in 2019. Throughout 2020, arrivals were down more than 67 percent from 2019, while the government, keen to promote tourism and mitigate losses, lured travelers with marketing campaigns and even courted influencers with paid junkets.)

Similar developments were seen in countries like Macau, Aruba and the Bahamas: standstills in February and March, followed by incremental increases over the course of the year.

The economic impact of travel-related declines has been staggering. In Macau, for example, GDP fell by more than 50 percent in 2020.

And the effects could be long-lasting. In some areas, travel expenses are not expected to return to pre-pandemic levels by 2024.

The pandemic has put commercial aviation into turmoil. One way to visualize the impact of lockdowns on air traffic is to consider the number of passengers who are checked daily at the Transportation Security Administration checkpoints.

Screenings of travelers fell in March before bottoming out on April 14 when 87,534 passengers were screened – a 96 percent decrease from the same date in 2019.

The numbers have risen relatively steadily since then, although the screening numbers are still less than half of last year.

According to the International Air Transport Association, an airline trading group, global passenger traffic fell 65.9 percent in 2020 compared to 2019, the largest decrease in aviation history year-over-year.

Another way to visualize the decline in air traffic over the past year is to consider the amount of carbon dioxide (CO2) emitted by airplanes around the world.

According to information from Carbon Monitor, an international initiative that provides estimates of daily CO2 emissions, global emissions from aviation fell by almost 50 percent to around 500 million tons of CO2 last year, after around 1 billion tons in 2019. (These numbers are expected to rebound, though the timing will largely depend on how long the absence of business and international travel.)

Overall, CO2 emissions from fossil fuels decreased by 2.6 billion tons in 2020, a reduction of 7 percent compared to 2019, largely due to declining transports.

In the first few months of the coronavirus pandemic, few industries played such a central and public role as the major cruise lines – starting with the outbreak on board the Diamond Princess.

In an industry scathing reprimand published in July, the Centers for Disease Control and Prevention accused cruise lines of spreading the virus widespread, citing 99 outbreaks aboard 123 cruise lines in US waters alone.

While exact passenger data for 2020 is not yet available, the publicly disclosed revenues – including ticket sales and onboard purchases – from three of the largest cruise lines offer a dramatic representation: strong revenues in the first few months of 2020 followed by a sharp decline.

The third quarter revenue of Carnival Corporation, the largest player in the industry, declined 99.5 percent year on year to $ 31 million in 2020, from $ 6.5 billion in 2019.

The outlook for the first few months of 2021 remains bleak: Currently, most cruise companies have canceled all trips until May or June.

International and domestic air traffic was significantly restricted by the pandemic. But how was the car ride affected?

One way to measure the change is to look at the Daily Travel Index created by Arrivalist, a company that uses mobile location data to measure consumer road trips over 50 miles or more in all 50 US states.

The numbers tell the story of a recovery slightly stronger than that of air travel: a sharp drop in March and April when state and local restrictions were put in place, followed by a gradual surge to around 80 percent of 2019 levels.

Another way to consider car trips in 2020 – and domestic travel in the US in a broader sense – is to check the visitor numbers for the American national parks.

Overall, the number of visitors to national parks decreased by 28 percent in 2020 – to 237 million visitors compared to 327.5 million in 2019, mainly due to temporary park closings and pandemic-related capacity restrictions.

The caveat, however, is that several parks saw record visitor numbers in the second half of the year when a wave of short-travel tourists began looking for safe and responsible forms of recreation.

Look at the numbers for recreational visits to Yellowstone National Park. After a closure in April, monthly visitor numbers to the park rose quickly above 2019 levels. September and October 2020 were both the busiest months, with October numbers beating the previous monthly record by 43 percent.

Some national parks near cities served as convenient recreational areas during the pandemic. In the Cuyahoga Valley National Park, the numbers for 2020 were above the numbers for 2019 from March to December. In the Great Smoky Mountains National Park, numbers rose sharply after a 46-day closure in spring and partial closings through August. Between June and December, the park saw an additional 1 million visits compared to the same period in 2019.

Categories
Business

Oprah, Meghan and Harry Draw 17.1 Million Viewers to CBS

Since then, the rise of digital media and its infinite screen time options have deeply struck the power of the major broadcasters. As audiences splintered, prime-time interview opportunities that had to be seen became more and more rare. Even the greatest lone fighters of the last few years lacked the character power of the specials from two decades ago and more. The 17.1 million audience for Ms. Winfrey’s interview with Ms. Markle and Prince Harry matched the number of viewers who tuned in when Caitlyn Jenner revealed that on a 2015 episode of ABC’s “20/20” she was transgender for Ms. Sawyer.

The Sunday night special was unusual in that it was not overseen by a network news department. Ms. Winfrey’s company, Harpo Productions, produced it, and CBS paid at least $ 7 million to license the show, according to one person with knowledge of the arrangement. (The Wall Street Journal previously reported the number.) The deal was also a gamble: it was taped after the network bought the rights, according to two people who knew how the show was made. During the interview, Ms. Winfrey said she had been trying to land the exclusive with the couple for about three years.

Despite Ms. Winfrey’s rocky experience, CBS was named a winner at 60 Minutes, where she made a special contribution in 2017 and 2018. In a 2019 interview with The Hollywood Reporter, Ms. Winfrey revealed that the show’s producers criticized her delivery. She said she had “too much emotion” in her voice even when she said her own name. (Ms. Winfrey was connected to the network through good friend Gayle King, an anchor on CBS This Morning, and appeared on that show on Monday.)

Another complication in CBS’s attempt to achieve the great success was the thicket of media outlets that surrounded Ms. Winfrey and the former royal couple. Ms. Winfrey has her own cable network, OWN, and is an important part of the AppleTV + streaming platform. The most recent episodes of Apple’s “The Oprah Conversation” featured her interviews with Barack Obama, Dolly Parton and Mariah Carey.

Ms. Markle and Prince Harry signed a multi-year deal with Netflix last year to direct documentaries and other shows. They also signed up to create podcasts for Spotify and released the first episode on December 29th. It included guest appearances by Elton John, Tyler Perry, and other celebrities, as well as the first public statement by her son Archie.

The pact between CBS and Harpo Productions mainly focused on TV rights. The interview ran live on ViacomCBS’s newly renamed streaming service, Paramount +; For now, at least, it won’t be available for on-demand viewing on Paramount +. Instead, the special will be available on CBS.com and the CBS app for 30 days, a CBS spokesperson said.

Originally played for 90 minutes, a two hour show ended. CBS released teaser clips prior to airing, and British tabloids unfriendly to Ms. Markle shot back with anonymized articles about her apparent misdeeds.

The estimate of 17.1 million viewers won’t grow until after Nielsen tabulates a few viewers who streamed the special, as well as the off-home ad.