Categories
Politics

After Trumka’s Demise, A.F.L.-C.I.O. Faces a Crossroads

Richard Trumka’s twelve years as AFL-CIO president coincided with the ongoing decline of the organized workforce, but also with opportunities such as the election of a devout US president. With Mr Trumka’s death last week, the association faces a fundamental question: What is the purpose of the AFL-CIO?

For years, union leaders and senior officials have split into two big camps on this issue. On one side are those who argue that the AFL-CIO, which has around 12 million members, should play a supportive role for its constituent unions – that it should help build consensus on political and political priorities, for them To lobby Washington, provide research and communication support, and identify the best ways to organize and negotiate.

On the other side of the debate are those who argue that the Federation should play a leading role in building the labor movement – by investing resources in organizing more workers; by entering new branches of the economy; by funding non-traditional workers’ organizations, such as those representing undocumented workers; and by forging deeper alliances with other progressive groups, such as civil rights activists.

As President, Mr. Trumka identified more with the first approach, which several current and former union officials felt was particularly valuable given its close ties to President Biden. Liz Shuler, who has been acting president since Mr. Trumka’s death and hopes to succeed him, is said to have a similar orientation.

But while the association ponders its future, there is an inescapable fact that could sway the discussion: Mr Trumka’s approach did not seem to solve an existential crisis for the U.S. labor movement, where unions make up only 7 percent of the private sector workforce.

“The level of collective bargaining coverage of American workers is not comparable to that of any other similar democracy,” said Larry Cohen, a past president of Communications Workers of America. “If you’re not there to grow, you are in trouble. You’re just playing defense. You’ll be here until someone turns off the light. “

Funding for a dedicated department dedicated to the organization fell significantly during Mr Trumka’s presidency, to around 10 percent by 2019, according to documents on the Splinter website.

Ms. Shuler said in an interview on Friday that the department’s budget does not reflect other resources put into organizing, such as the millions of dollars the AFL-CIO sends to state unions and local labor councils that play an important role can organize campaigns.

Although union membership fell about 1.5 percentage points to below 11 percent during Mr. Trumka’s tenure, his influence in Washington contributed to several successes. These included a more worker-friendly revision of the North American free trade agreement, tens of billions of dollars in government aid to stabilize union pension plans, and a job creation bill now passing through Congress.

The economic rescue plan that Mr Biden signed in March sent hundreds of billions of dollars in aid to state and local governments that saw public sector unions, increasingly the face of the labor movement, as lifeguards.

But the cornerstone of Mr. Trumka’s plan to revitalize work was a law pending passage: the Right to Organize or PRO Law. The law would make organizing easier by prohibiting employers from requiring workers to attend anti-union meetings and fines against employers who violate labor laws. The association invested heavily in choosing officials who could help pass the measure.

During an interview with the New York Times in March, Mr. Trumka identified the PRO Act as the workers’ last best hope. Because of growing inequality, our economy is on the way to implosion, ”he said. “We have to find a way so that workers have more power and employers less. And that works best with the PRO Act. “

Ms. Shuler repeated this point, arguing that if the measure becomes law, the workforce will be prepared for a resurgence. “We have everything in harmony,” she said. “All that’s left is the PRO Act to unleash what I would say the potential for unprecedented organizing.”

But so far, workers’ hopes for a bill strongly opposed by Republicans and the business community have been dubious. While the House of Representatives passed the bill in March and Mr Biden strongly supports it, the odds are high in a divided Senate.

When asked if the AFL-CIO could support Mr Biden’s multi-trillion dollar job plan if it comes to a vote with no prospect of the PRO Act being passed, Mr Trumka refused to consider the option that he would have to make such a decision.

“I don’t see that,” he said in an interview. “This president and this government understand the power to resolve inequalities through collective bargaining.”

An alternative approach could have given higher priority to building power outside Washington by adding union membership and increasing the influence of non-union workers.

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Aug 6, 2021, 6:12 a.m. ET

According to Mr. Cohen, former communications workers leader, one benefit of a large investment in organizing is that it allows the labor movement to bet in a variety of industries and jobs where workers are increasingly excited about union work , but in which traditional unions do not have a large presence – like the video game industry and other technology sectors.

Such funds can help workers who want to organize their free time from colleagues, as well as a small cadre of professionals to help them. “You have 100 people you pay $ 25,000 a year for and 15 full-time employees, and people can build where they live,” Cohen said.

Stewart Acuff, the AFL-CIO’s organizing director from 2002 to 2008 and then special assistant to its president, said the association’s role in organizing should include more than just directly funding these efforts. He said it was imperative to give membership a higher priority to all organized labor, as he had attempted under Mr. Trumka’s predecessor.

“We have challenged all levels of the labor movement to spend 30 percent of their resources on growth,” said Acuff, who criticized the leadership of the Federation under Mr. Trumka. “This wasn’t just referring to organizers. It meant using access to every lever, “such as pressure on companies to be more accepting of unions.

Mr Acuff also said the AFL-CIO must be more willing to place long bets on organizing workers who, with more members, may not pay off in the short term but help build power and influence for workers.

He cited the $ 15 struggle and a union, a year-long campaign to improve wages and facilitate union formation for fast food and other low-wage workers. The campaign, which received tens of millions of dollars from the Service Employees International Union, was successful in many ways, despite the fact that it produced few new union members. The AFL-CIO supported the US $ 15 battle but did not provide direct financial support.

Mr Cohen and Mr Acuff both cited the importance of building long-term alliances with outside groups – such as those advocating for civil rights or immigration or environmental issues – that can increase the power of workers, such as calling for an employer to resign while in a union Campaign.

During his tenure, Mr. Trumka tried at times to cultivate such alliances, but he was often hampered by resistance within the Federation.

Amid the rise of the Black Lives Matter movement, for example, Mr Trumka attempted to throw the AFL-CIO’s weight behind civil rights matters, including a speech he gave in Ferguson, Missouri, after a young black man, Michael Brown, who was there in 2014 shot by a police officer.

But Mr Trumka faced a backlash on that front from more conservative unions who felt that the AFL-CIO’s real job was to focus on economic issues that affect members rather than issues like civil rights.

“There have been some unions – not just construction – that have felt that the work is not what we should be focusing on,” said Carmen Berkley, a former director of the AFL’s civil, human and women’s rights division -CIO, in an interview last year.

Since Mr Trumka’s death, union leaders have begun to discuss what the association’s organizational and political challenges mean for the election of a successor. According to its bylaws, the AFL-CIO’s Executive Board will meet within three weeks to elect a successor for Mr. Trumka’s term, which expires next year.

One of the top candidates will be Ms. Shuler, who became the acting president after the death of Mr. Trumka as secretary / treasurer. If the Council selects Ms. Shuler to succeed Mr Trumka, this could advance her to the presidency next year and consolidate the direction of the Federation, a prospect that some reformers within the labor movement are concerned about.

Some of these reformers support Sara Nelson, president of the Association of Flight Attendants, as the next president of the Federation. Ms. Nelson has advocated redirecting much of the tens of millions of dollars the labor movement spends on political activities to help more workers unionize.

But Ms. Shuler insists that choosing between investing in the organization and the other priorities of the association is the wrong one.

“I don’t think they’re mutually exclusive,” she said. “After the way modern organizations work, you no longer have large institutional budgets filled with line items. We organize everything related to the campaign. We’ll identify a target where it’s hot. ”Then, she said, the organizations raise money and get things done.

Categories
World News

Saudi Aramco posts close to 300% leap in Q2 revenue on international demand restoration

The Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia on October 12, 2019.

Maxim Shemetov | Reuters

Saudi state oil giant Aramco reported a staggering 288% increase in net income to $ 25.5 billion for the second quarter, while maintaining its dividend of $ 18.8 billion amid large oil prices from higher prices and a rebound benefit from global demand.

Aramco’s net income of $ 25.5 billion for the quarter compared to $ 6.6 billion in the same quarter of 2020. Earnings exceeded expectations, with analysts posting an average net income of $ 24.7 billion for the quarter expect.

“Our second quarter results reflect a strong recovery in global energy demand and we are moving into the second half of 2021 with more resilience and flexibility as the global recovery picks up,” said Amin Nasser, President and CEO of Aramco, in an am Corporate statement published on Sunday.

Aramco said net income for the first half was $ 47.2 billion, compared to $ 23.2 billion in the first half of 2020, an increase of 103%. The company said the results were supported by easing Covid-19 restrictions around the world, vaccination campaigns, stimulus measures and accelerating activities in key markets.

“Although the challenges posed by Covid-19 variants are still uncertain, we have shown that we can adapt quickly and effectively to changing market conditions,” said Nasser.

Dividend plans

Aramco said free cash flow was $ 22.6 billion for the second quarter and $ 40.9 billion for the first half of 2021, compared to $ 6.1 billion and $ 21.1 billion, respectively. Dollars in the same time periods in 2020.

This is significant because free cash flow has now risen above the $ 18.75 billion quarterly dividend for the first time since the pandemic began. Aramco already pays the world’s largest dividend, but the improving outlook has led some analysts to call for higher payouts.

“A dividend hike is needed to stay competitive,” BofA analysts said in a research note ahead of the results. “Higher oil prices and OPEC + -driven production increases should support a significant increase in free cash flow over the next few years,” she added.

Aramco responded that its dividend would remain at “normal levels” for the quarter but would “advise” later on whether to stick to its current payout schedule.

“We’re looking at our sustainability program,” Nasser told CNBC on Sunday’s conference call. “Many of the elements of our capital program that we are currently considering have to do with crude oil-to-chemistry and hydrogen, and all of these programs offer great opportunities, particularly with the Shareek program,” he added.

Aramco, which is majority owned by the Saudi Arabian government, is an important source of income for the kingdom. “All of this will be reviewed with our board of directors and we will decide on an additional dividend payment at a later date,” said Nasser.

Price outlook

Oil prices soared around 40% to around $ 70 a barrel in 2021, prompting major oil rivals BP, Chevron and Royal Dutch Shell to raise dividends and launch share buyback programs.

“We assume that the recovery will continue,” said Nasser. “We’re seeing more economies opening and we expect demand to be around 99 million barrels by the end of the year … and 100 million barrels next year as a forecast for aggregate demand,” he added.

Amin Nasser, CEO of Saudi Aramco, gesticulates during a panel meeting on the third day of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, January 23, 2020.

Jason Alden | Bloomberg | Getty Images

Aramco also said it lowered its gearing ratio – essentially how much the company is debt-financed to equity – to 19.4% on June 30, down from 23% on December 31, 2020. The decrease was mainly due to higher cash and cash equivalents and stronger operating cash flows and proceeds related to Aramco’s most recent crude oil pipeline transaction.

“Our historic $ 12.4 billion pipeline deal was an endorsement of our long-term business strategy from international investors and represents a significant advance in our portfolio optimization program,” said Nasser.

Capital expenditures were $ 7.5 billion for the second quarter and $ 15.7 billion for the first half of 2021, up 20% and 15% respectively. Capital expenditures are expected to be around $ 35 billion in 2021, according to Aramco.

Saudi Arabia’s Crown Prince Mohammed bin Salman said the kingdom would sell more Aramco shares earlier this year, but the company made no comment on the plans. Aramco also briefly stopped commenting on a previously announced oil-to-chemicals deal with Indian conglomerate Reliance Industries, which is expected to be formalized later this year.

“We are advancing a number of strategic programs that focus on sustainability and low carbon fuels, maximizing the value of our assets and driving our downstream integration and expansion,” added Nasser.

“For all of these and other reasons, I am very positive about the second half of 2021 and beyond.”

Categories
Health

White Home pushes for teenagers 12 and as much as get Covid vaccine

The Biden government on Thursday announced efforts to ramp up Covid vaccinations for children 12 and older, as well as young adults returning to school this fall.

The plan sees more than 50 million students returning to K-12 school and 20 million returning to college within the next six weeks. It also comes amid a surge in cases of the highly communicable Delta-Covid variant, particularly in unvaccinated communities in the United States

As of last week, only 30% of 12-17 year olds were fully vaccinated, which is why leading US doctors worried that the Delta variant could spread to classrooms across the country if thousands of schools reopen.

President Joe Biden’s plan builds on a broader Return to School Roadmap released earlier this week designed to help students, schools and educators safely return to face-to-face learning in the face of these Delta Concerns.

“For young people, getting vaccinated right away is the best way back to the things they love – like exercising, graduating from college, and spending time with friends and loved ones,” a White House statement said.

More than a dozen sports and medical organizations, including the American Medical Society for Sports Medicine and the American Academy of Pediatrics, issued a statement urging all medical providers to inquire about Covid vaccination status during exercise and student status Informing athletes of where to get vaccinations, according to schedule.

The American Academy of Pediatrics (AAP) will also be releasing revised forms for doctors, parents, and students that contain information about Covid vaccinations. The organization estimates that around 60 to 70% of children in the United States participate in organized sports, making the fall physical exams a prime opportunity to promote youth vaccination.

“Vaccination prevents common diseases, hospitalizations and deaths from COVID-19 and will help keep students in the classroom, athletes in play and sports teams on the field while protecting our communities,” AAP said in the joint statement with eleven others Organizations.

As part of the plan, the National Parent Teacher Association (PTA) will also invite 22,000 local organizations to hold community talks with parents about vaccinating their children.

The PTA will work with AAP to bring local pediatricians to these interviews, as planned.

The Biden administration will also provide schools and colleges with resources to run pop-up vaccine clinics on campus. Last week, President Joe Biden directed school districts in the US to run at least one pop-up clinic in the coming weeks, in collaboration with pharmacies on the federal pharmacy program.

The government will also run a campaign to push youth vaccinations from August 7-15, the plan added. Second Gentleman Doug Emhoff and Secretary of Education Miguel Cardona will travel to Topeka, Kansas to attend a back-to-school vaccine clinic.

Emhoff and the director of the National Institute for Allergies and Infectious Diseases, Dr. Anthony Fauci, will also host a virtual discussion with youth leaders about youth vaccine access, according to the plan.

On Monday, the U.S. hit Biden’s May target of providing 70% of U.S. adults with at least one vaccination, about a month behind the original July target.

Overall, the US reported an average of about 677,000 daily vaccinations last week (as of August 4), up 11% from a week.

While Covid vaccinations are still limited for children under the age of 12, the FDA approved the use of the Pfizer-BioNTech Covid vaccine for children ages 12 to 15 in May.

Moderna’s vaccine will also be approved for children aged 12 and over. Moderna also plans to expand the scope of its clinical trials for its vaccine to children ages 5-11.

Categories
Politics

Biden warns of financial peril from Covid regardless of July job positive aspects

WASHINGTON — President Joe Biden resisted the temptation to take a victory lap Friday following the release of strong July jobs numbers, instead telling the country that rising Covid cases pose an urgent threat to the economic recovery.

“My message today is not one of celebration,” Biden said in remarks at the White House. “It is one to remind us that we have a lot of hard work left to be done, both to beat the delta variant and to continue the advance of our economic recovery.”

The highly contagious delta strain of Covid currently accounts for at least 80% of new infections nationwide.

Still, hiring rose last month at its fastest pace in nearly a year, despite fears over the delta variant and as companies struggled with a tight labor supply.

Nonfarm payrolls increased by 943,000, while the unemployment rate dropped to 5.4%, according to the department’s Bureau of Labor Statistics. The payroll increase was the best since August 2020.

The number of new jobs beat economists’ expectations by nearly 100,000, and the unemployment rate fell three tenths of a percent lower than experts had predicted it would.

In touting the strength and resilience of the economic recovery, Biden did something Friday that he rarely does: pointed to Wall Street analysts to validate his argument.

“What we’re doing is working,” he said. “Don’t take my word for it. The forecasters on Wall Street project that over the next 10 years, our economy will expand by trillions of dollars and will create 2 million good paying jobs.”

Trouble ahead

But July’s strong topline numbers do not accurately reflect a troubling new development in recent weeks: the rise in Covid infections and hospitalizations attributed to the delta variant.

That’s because the actual numbers for BLS monthly jobs reports are calculated during just the second week of the month, based on that week’s data.

In the three weeks since the July jobs figures were calculated, hospital emergency rooms and intensive care units have begun filling up again in parts of the country.

This has prompted some large employers and schools to freeze plans to fully reopen offices and campuses in the coming weeks.

The White House is deeply concerned that rising Covid caseloads could stall the economic recovery, imperiling Biden’s domestic agenda and Democrats’ electoral chances in the midterm elections.

White House press secretary Jen Psaki answers questions during the daily briefing on August 06, 2021 in Washington, DC.

Win McNamee | Getty Images

Sticks and carrots

And after months of relying on incentives, celebrity endorsements and local outreach to persuade Americans to get vaccinated, the Biden administration took a tougher line this past week, adding sticks to the proverbial carrot-stick equation.

Federal employees who cannot prove they’ve been vaccinated will be placed under a host of unpleasant restrictions at work, like being physically separated from their vaccinated colleagues.

The Pentagon also announced plans to include the Covid vaccine among the mandatory vaccines administered to U.S. service members.

Biden didn’t touch on these measures in his speech Friday, choosing instead to describe various measures the administration is enacting to protect the economic recovery.

He repeatedly referred to Covid as a “pandemic of the unvaccinated,” a phrase that some critics say fails to capture the universal impact of rising caseloads and things like reinstated mask mandates.

As the White House often notes, more than 90% of Covid hospitalizations are people who have not been vaccinated against the virus. And while vaccinated people can contract and transmit Covid, they typically exhibit mild symptoms akin to a flu or a sinus infection.

The White House view

Both publicly and privately, White House aides say that the stubbornly high rate of unvaccinated Americans — 30% of eligible recipients — is creating a situation where one virus, the coronavirus, is essentially creating two different, parallel public health challenges.

On one track are the 166 million fully or partially vaccinated people, whose individual Covid infections the government has not officially tracked since March.

For them, the virus looks more like a seasonal flu from past years than it does like the debilitating, weekslong pulmonary crisis that millions of Americans experienced in 2020, before the vaccine became available.

But for the unvaccinated, many of whom are concentrated in the Southeastern United States, the delta variant virus is just as deadly, and far more contagious, than the original virus was in the early months of last year.

Biden, however, believes there is reason for optimism. “I’m pleased to report in the past week we have seen first-time vaccinations in America go up by 4 million shots,” he said Friday. “That’s more than we have seen in a long time.”

— CNBC’s Jeff Cox contributed to this report.

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Health

5 issues to know earlier than the inventory market opens Friday, Aug. 6

Here are the top news, trends, and analysis investors need to start their trading day:

1. Dow futures, bond yields rise after strong job data

A trader works on the floor of the New York Stock Exchange (NYSE) in New York on August 5, 2021.

Andrew Kelly | Reuters

2. The number of people employed outside agriculture was higher than expected in July

Economists polled by Dow Jones were looking for 845,000 new jobs and a headline unemployment rate of 5.7%. The decline in the unemployment rate looked even stronger when you consider that the labor force participation rate rose to 61.7%, the highest level since the pandemic broke out in March 2020. Wages were also stronger, with the average hourly wage rising 0.4% in July.

3. United Airlines requires vaccines for its 67,000 US employees

United Airlines pilot Steve Lindland receives COVID-19 vaccine from RN Sandra Manella at the United on-site clinic at O’Hare International Airport in Chicago, Illinois on March 9, 2021.

Scott Olson | Getty Images

United Airlines will require its 67,000 US employees to be vaccinated against Covid by October 25th or risk being fired, a first for major US airlines that is likely to put pressure on rivals. Airlines, including United, have opposed vaccine mandates for all workers and instead offered incentives such as extra pay or time off for vaccination. Delta Air Lines started asking newly hired employees to provide proof of vaccination in May. United followed suit in June.

4. The White House supports senators pushing for stricter crypto reporting rules

The White House got into a controversial battle for rival $ 1 trillion crypto changes to the infrastructure bill, a little out of the blue. The dispute revolves around a provision in the bipartisan bill that raises money through stricter tax rules for cryptocurrency transactions. The White House wrote in a statement late Thursday that “the amendment proposed by Senators Warner, Portman and Sinema strikes the right balance and takes an important step forward to promote tax compliance”.

5. JPMorgan quietly reveals access to half a dozen crypto funds

A woman walks past JPMorgan Chase & Co’s international headquarters on Park Avenue in New York.

Andrew Burton | Reuters

JPMorgan Chase, led by Bitcoin skeptic Jamie Dimon, began giving its wealth management clients access to six crypto funds last month. On Thursday, financial advisors allowed private banking clients to invest in a new Bitcoin fund created with crypto firm NYDIG, according to people who know about the move. The fund is almost identical to one that NYDIG offers to clients of rival bank Morgan Stanley, people said. Late last month, JPMorgan launched access to four funds from Grayscale Investments and one from Osprey Funds.

– Follow the whole market like a pro on CNBC Pro. Get the latest on the pandemic with coronavirus coverage from CNBC.

Categories
Entertainment

The Joyce Returns, With a Sometimes Eclectic Dance Menu

This fall, the Joyce Theater will present its first live dance season since it was forced off in March 2020. The season, announced on Tuesday, runs from September to February and includes 18 ensembles, including some such as the British hip-hop ensemble Far From the Norm, which is performing in the theater for the first time.

“We had a few priorities of rebooking and canceling shows the companies that were scheduled to perform here last year,” said Joyce CEO Linda Shelton, “as well as reaffirming our mission to promote diversity.”

Another consideration, given numerous travel bans and the difficulty of obtaining visas for performers amid changing waves of Covid, was “who can actually reach us when all these borders open and close,” added Ms. Shelton. As a result, only four companies arrive from abroad, Far From the Norm; Malpaso from Cuba, whose show was canceled last year; LEV from Israel; and the Colombian ensemble Sankofa Danzafro, whose piece “Accommodating Lie” deals with stereotypes of Afro-Latin culture.

The season kicks off on September 22nd with a visit to the prestigious Minneapolis-based Ragamala Dance Company, which performs the evening-length work “Fires of Varanasi: Dance of the Eternal Pilgrim”. The piece uses the classical Indian dance style Bharatanatyam to explore themes of life and death through the lens of Hindu rituals.

Choreographer Caleb Teicher, who was scheduled to perform last year, presents the delayed debut of their Lindy Hop and Swing program, created in collaboration with a team of dancers and choreographers including LaTasha Barnes from “Jazz Continuum” and the Ballroom and Lindy Hop specialist Evita Arce. This show, titled “Swing Out” (October 5-17), will be accompanied on stage by a live swing ensemble, the Eyal Vilner Big Band.

Other highlights include Lucinda Childs’ 1979 minimalist juggernaut, “Dance,” set for Philip Glass (October 19-24); and Ayodele Casel’s cheerful tap and live jazz evening “Chasing Magic”, which had its virtual premiere in April of this year, will be premiered live from January 4th to 9th.

Les Ballets Trockadero de Monte Carlo, the cross-dressing ballet troupe, will hold their usual holiday run (December 14th to January 2nd). Among various sharp-eyed parodies of famous ballets – and the ballet itself – there will be a new work, “Nightcrawlers”, based on Jerome Robbins’ portrait of three couples dancing to Chopin Nocturnes, “In the Night”.

The theater will decide at a later date whether to require actors, staff and viewers to be vaccinated.

Tickets for the fall-winter season will go on sale on August 9th.

Categories
World News

Two Belarus Coaches Expelled From Tokyo Olympics

TOKYO — Two coaches involved in the attempt to force an Olympic athlete home to Belarus against her will have been stripped of their credentials and expelled from the Olympic Village, Games organizers said Friday.

The case of the 200-meter specialist Kristina Timanovskaya, 24, briefly turned the Tokyo Games into the center of a major diplomatic conflict when Timanovskaya sought sanctuary from the police at Narita International Airport. Timanovskaya, who is now in Poland, said she had been “kidnapped” after writing an Instagram post criticizing the Belarusian athletic federation’s preparations for the Olympics.

The International Olympic Committee had come under pressure over the slow progress of its investigation into the matter until, on Friday, the organization announced in a Twitter post that it had asked the coaches, Artur Shimak and Yuri Moisevich, to leave the Olympic Games. “They will be offered an opportunity to be heard,” the post said, noting that the investigation was continuing.

Timanovskaya complained in her video that her coaches had registered her for an event she hadn’t trained for, the 4×400-meter relay, because they had failed to conduct enough antidoping tests on other athletes.

In an interview with The New York Times this week, Timanovskaya named Moisevich, the head coach of the Belarusian national team, and Shimak, the deputy director of the Belarusian Republican Track and Field Training Center, as central players in the attempt to remove her from Tokyo.

She said the two men had come to her room at the Olympic Village to persuade her to recant the complaints she had made in her Instagram post and to go home. The order, they said, came from higher-ranking officials.

“Put aside your pride,” Moisevich can be heard saying on a partial recording Timanovskaya made of the conversation. “Your pride will tell you: ‘Don’t do it. You’ve got to be kidding.’ And it will start pulling you into the devil’s vortex and twisting you.”

He adds, “That’s how suicide cases end up, unfortunately.”

Timanovskaya can be heard crying on the tape. At other times she sounds defiant, refusing to believe that if she were to acquiesce and return home, she would be able to continue her athletic career.

The chairman of the Belarus Olympic committee is the eldest son of Aleksandr G. Lukashenko, the strongman leader who has held power in the country for 27 years. He has long sought to stifle any dissent, through measures including a brutal crackdown that began a year ago after a disputed presidential election. Targets of the crackdown also included a number of athletes, leading to the I.O.C.’s decision in December to bar the Lukashenkos from attending the Tokyo Games.

Categories
Health

Expedia CEO urges Covid vaccine for all however says it will not be required for workers

Expedia is holding back on a company-wide Covid vaccine mandate even as other large companies begin implementing them, CEO Peter Kern told CNBC on Friday.

“We’re trying to find solutions that are most widely used across our entire workforce, but there are no easy answers. … We all have to learn to live with Covid,” Kern said on Squawk Box. . “

“If we were all vaccinated in the US, we wouldn’t talk a lot about the Delta variant or anything else. But the world is a big place. We won’t vaccinate 8 billion people overnight,” said Kern of the US Census Bureau nearly 7.8 billion, and growing.

The online travel platform CEO’s comments came when United Airlines announced on Friday morning that its 67,000 US employees would have to get vaccinated or risk being fired by October 25th – a first among major US airlines and a move that will likely put pressure on its competitors. Other airlines, including Delta Air Lines, are still choosing to incentivize their employees and customers to get vaccinated instead of requiring them.

“We have offices in 55 countries around the world, there is no one-size-fits-all answer,” said Kern. “I think everyone gets vaccinated and I think companies are trying to find ways to motivate their employees in the right way and we definitely want our employees to be vaccinated too . “

The travel business has been adversely affected by the more contagious Delta variant spreading in the U.S. and around the world, Kern said. “We’ve certainly seen tremendous demand well into the summer and there is still pretty strong demand. But on the fringes, Delta has certainly had an impact.”

Kern said business travel “lagged significantly,” with delayed plans to return to the office likely to add to this trend. However, he believes that Expedia’s business, international and domestic bookings will return to pre-pandemic levels by next summer.

When travel made a comeback in April, Expedia changed its marketing strategy by updating its app and websites to focus more on collaborating with consumers in planning trips rather than just focusing on the number of bookings. The company raised $ 3.2 billion in new capital last year to help cut costs during the height of the pandemic.

“I think you will see that we are investing better, smarter and more organized against our brands,” said Kern. “You will see that our brands are working more clearly together for the common good rather than competing with one another.”

Expedia announced an adjusted loss per share of $ 1.13 for the second quarter after the bell on Thursday. Analysts had expected a loss of 65 cents per share. However, sales of $ 2.11 billion were better than expected. That’s a 273% increase from pandemic-related sales a year ago, but still about 40% less than in the second quarter of 2019 before Covid.

The company’s brands include the namesake Expedia.com as well as Hotels.com, Vrbo, Trivago, Orbitz and Hotwire.

Categories
Politics

Tons of of Hundreds of Bikers Anticipated in Sturgis Regardless of Delta Variant

Although most major events closed last summer due to the coronavirus pandemic, the Sturgis Motorcycle Rally rushed ahead and panicked health professionals when nearly half a million motorcycle enthusiasts came to the Black Hills of South Dakota.

This year’s rally, which began on Friday, is expected to attract an even larger audience, as the infectious Delta variant is producing more new virus cases nationwide than at that time last year.

Which route the virus will take through Sturgis remains to be seen.

It is more difficult to transmit outdoors, vaccines greatly reduce the risk of serious illness, and South Dakota has the fewest new virus cases per capita in the United States. At the same time, the Centers for Disease Control and Prevention are viewing Delta as contagious as chickenpox, and people are traveling from across the country – several southern states are in their worst outbreaks of the pandemic – to a region with a relatively low vaccination rate.

Hundreds of new cases have been linked to last year’s rally, but as infected bikers returned to their home states, it made contact tracing difficult and obscured the real bottom line.

Sturgis officials stressed that this year’s rally will offer coronavirus testing, free masks and hand sanitizing stations. For the first time, attendees are allowed to take alcoholic beverages outside without fear of being fined to limit the crowd in the bars.

These precautions are accompanied by warnings.

“We encourage people in a high-risk category, whether because of their age or comorbidities, to come next year,” said Dan Ainslie, Sturgis City Manager.

On Friday, the steady roar of the engines announced the arrival of thousands of bikers. In the morning, Main Street was crowded with visitors, walking shoulder to shoulder on sidewalks, or congregating near dozens of bikes parked outside of stores. A parade opened the 10-day rally, which was in its 81st year, with the Budweiser Clydesdale horses in the lead.

A local business owner, Toni Fisher, 63, had watched anxiously as more and more people poured into her hometown over the past week. Although she and her husband are both vaccinated, Ms. Fisher suffers from fibromyalgia and said she was concerned about the likelihood of developing a breakthrough infection that could affect her health for months.

All the minimal precautions people took last year like so much motorcycle exhaust drifted away, she said. “It’s wild boar this year,” she said. “Nobody cares.”

The pandemic devastated the massage business that Ms. Fisher runs, but she said she was unsure whether she would offer massages during the rally. She has a handful of masked appointments, and she and her husband are once again hosting campers in their garden. Her husband plans to deliver pizzas for extra cash during the rally – adding to Ms. Fisher’s worries.

Updated

Aug 7, 2021, 5:39 p.m. ET

She’s wearing face masks again when she goes to the grocery store, but says she’s practically alone taking precautions, even as the Delta variant is fueling rising infections across the country.

“I don’t know what to do here,” she said.

Other major outdoor events have returned this summer, in part because of vaccine availability. Attendees at the recent Lollapalooza music festival that pushed people to downtown Chicago were required to either show proof of vaccination or show a negative coronavirus test from the previous 72 hours.

There will be no similar screening process at the motorcycle rally in Sturgis. Vaccines will be made available at the event, including the single-dose Johnson & Johnson shot, but they take time to boost the immune system.

Meade County, which includes Sturgis, has a vaccination rate of 37 percent – significantly lower than half of fully vaccinated Americans – and the six neighboring counties have even lower vaccination rates.

Dr. Shankar Kurra, the vice president of medical affairs at Monument Health, headquartered in Rapid City, SD, said the area had almost no virus cases in late June. But like in every other state, cases have risen in the past few weeks.

Understand the state of vaccine mandates in the United States

“With us all 100 percent of the cases were unvaccinated people,” said Dr. Kurra on the recent surge. “We want to make sure people have access to tests so that we can be detected early in the event of an outbreak.”

About a week before the rally began, bikers from across the country started packing up at hotels in Rapid City, said Steven Allender, the city’s mayor. Mr Allender said he has contacted local health officials about how best to prepare for the flow of visitors, but his office has failed to impose any restrictions on the event.

“The government tried to save lives, but failed because of the political climate and the debate over the use of masks,” Allender said. “I would say today that there is no stopping churches across the state from adopting an all-for-yourself stance.”

At the end of last year, Mr Allender issued a mask mandate in all city buildings and called on the city council to issue a more comprehensive regulation on the mask requirement – a measure that ultimately failed. South Dakota was one of several states that did not impose lockdowns or mask requirements during the height of the pandemic.

Sturgis is a relatively quiet town of around 7,000 residents for most of the year, next to 1.2 million hectares of forest and with a motorcycle museum as its main attraction. But every summer the city changes when bikers dismount. Last year, when the pandemic turned daily life in America upside down, forcing music festivals and other large gatherings to be canceled, more than 60 percent of Sturgis residents were in favor of postponing the motorcycle rally, according to a poll sponsored by the city. But this year there was little public concern.

The state’s Department of Tourism estimates that the annual festival, with notable sponsors such as Budweiser, Harley-Davidson and Coca-Cola, will generate sales of around $ 800 million this year. It’s a sight to behold: when drivers from the USA and Canada make the pilgrimage to Sturgis, at least in more typical years, the otherwise quiet stretch of Interstate 90 is overcrowded with motorbikes.

“The Sturgis rally is about jumping on your bike and exploring this great country on our open roads,” said state governor Kristi Noem in a statement. “Bikers come here because they want to be here. And we love to see them! Everything we do in life is at risk. Bikers get that better than anyone else. “

Jack Healy contributed to the coverage.

Categories
Health

Half of Individuals are actually absolutely vaccinated, White Home says

Half of Americans, including all ages, are now fully vaccinated against Covid-19, a White House official said Friday, a major milestone as the nation battles a surge in new infections fueled by the Delta variant.

More than 821,000 doses were given from the previous day, including 565,000 people receiving their first syringe, White House Covid data director Cyrus Shahpar said in a tweet before the data was posted on the Centers for Disease Control and Prevention website were published. The seven-day average of new vaccinations is up 11% from last week and 44% over the past two weeks, he added.

While the milestone is exciting, the country still has a long way to go before the pandemic is over, said Dr. Paul Offit, who advises the Food and Drug Administration on Covid vaccines. The highly contagious Delta variant continues to spread rapidly, especially in regions of the country with the lowest vaccination rates, he said.

“They had over 100,000 cases and over 600 deaths yesterday, which tells us we’re not there yet,” Offit said.

The U.S. reports an average of about 98,500 daily infections, data compiled by Johns Hopkins University shows, which already surpassed the peak of cases seen last summer when the nation lacked a vaccine.

Florida, Texas, Missouri, Arkansas, Louisiana, Alabama, and Mississippi – states with some of the lowest vaccination rates – accounted for roughly half of the new Covid cases and hospital stays in the past week, said Jeffrey Zients, the White House’s Covid Response Coordinator, said told reporters Thursday. In the past seven days, 1 in 3 new Covid cases occurred in Florida and Texas.

In Florida, where Governor Ron DeSantis opposes calls for further restrictions, the infection rate is nearing the state’s pandemic peak in late January, when an average of nearly 18,000 new cases were reported each day.

Florida reports an average of about 15,800 new cases daily for the past seven days, according to data compiled by Johns Hopkins University, 51% more than a week ago. This is the second worst outbreak in the US by average daily new cases per capita, behind Louisiana.

The death toll there is also rising, with an average of 58 daily Covid deaths, 45% more than last week but below the record seven-day average of more than 180 daily deaths in late January.

The outbreak threatens to slow the country’s progress in ending the pandemic, especially as schools reopen and employers start bringing workers back to the office this fall, health experts say.

With the virus widespread in states like Florida, the nation “is likely to see even more worrying varieties emerge this fall and winter,” said Lawrence Gostin, director of the World Health Organization’s Collaborating Center on National and Global Health Law.

“America is about to return to normal. This could be a major setback for our national Covid response, ”he said.

As cases rise, more companies are requiring their workers to get vaccinated, and federal health officials say they are urging states to incentivize their residents.

Some Americans are already seeing the effects of not vaccinating and are now getting the injections, US officials said Thursday.

In Arkansas, Mississippi, Louisiana, and Alabama, the seven-day average of first-doses reported daily has more than doubled since early July, CDC data shows, as the outbreak worsened nationwide. In Arkansas, which has the third worst outbreak in the country, based on new cases per capita every day, vaccinations nearly tripled.

Zients said Thursday that the White House’s Covid Surge Response Teams are also working with 16 states with rising cases to meet their specific needs.

– CNBC’s Nate Rattner contributed to this report.