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Business

Inventory Market Immediately Reside: The Newest Updates on Silver, AMC and Gamestop

Here’s what you need to know:

Credit…Michael Dalder/Reuters

The frantic price swings last week in stocks like GameStop and AMC Entertainment, led by retail traders aiming to take on Wall Street, have spread to a new target: silver. The price of the precious metal jumped 10 percent on Monday to the highest in eight years after online calls to create a “silver squeeze.”

The attraction to silver came as the S&P 500 index rose in early trading, following gains on European and Asian stock markets.

Retail websites for buying silver coins and bars said they were experiencing high demand and there would be delays in shipping orders. Moneymetals.com, a dealer in precious metals, said it was not taking any new silver orders until midmorning Monday and put some restrictions on gold purchases as well. The iShares Silver Trust, a large BlackRock exchange-traded product tracking the metal, reported record net inflows on Friday of $944 million.

Shares in companies that mine for silver surged higher, too. Fresnillo rose 15 percent and Polymetal International was up 7 percent, and both were among the biggest gainers on the FTSE 100 index in Britain. On the U.S. exchanges, Silvercorp Metals rose 30 percent and Fortuna Silver Mines rose 25 percent.

But the silver market is fundamentally different than that of beleaguered companies like AMC and GameStop.

The company stocks that caught the attention of the army of day traders over the past week, spurred on by memes on Reddit, had been unloved by hedge funds. By driving the price of these stocks higher, the traders “squeezed” the firms holding short positions.

Melvin Capital Management, one of the hedge funds that bet GameStop shares would fall, lost 53 percent on its portfolio in January, a person familiar with the matter said. Short sellers lose money when a company’s shares rise, and the losses are potentially limitless.

Silver prices had already been rising before the recent interest, and some users on Reddit have warned against a “silver squeeze,” saying it would benefit the same hedge funds and investors they toppled last week. Also, silver is a much bigger and deeper market, making it harder to influence.

The price of silver climbed nearly 50 percent last year, and some institutional investors expected it to outperform gold this year. Still, the traders, who appear to be mostly small investors focused only on a handful of stocks and assets, have emerged as a new risk factor for the large firms betting against stocks and regulators concerned about the smooth functioning of markets.

  • The S&P 500 index rose 1 percent, rebounding from a loss of more than 3 percent last week — its worst week since late October.

  • GameStop’s shares fell about 10 percent in early trading, having gained 400 percent last week and more than 1,600 percent in January. Another target of the trading frenzy, AMC, rose 18 percent. It gained about 280 percent last week.

  • Most European stock indexes were higher in midday trading. The Stoxx Europe 600 gained more than 1 percent, led by industrial and technology stocks.

  • Asos, the online fashion retailer, bought Topshop, Miss Selfridge and other brands from Arcadia Group, once the crown jewel of Britain’s high street retailers, for 295 million pounds ($404 million). Asos shares rose more than 6 percent.

The Securities and Exchange Commission said last week it was “actively monitoring” the volatile trading around GameStock shares and other securities.Credit…Carlo Allegri/Reuters

After a week of wild trading, GameStop’s shares fell about 10 percent in early trading on Monday, as some of the attention shifted to the market for silver, where the price of the precious metal jumped to the highest since 2013 and websites selling silver coins reported unusually high demand.

Last week, GameStop’s stock reached as high as $483 and fell as low as $61. It lost 44 percent on Thursday after Robinhood and other trading platforms said they would limit customers’ ability to buy certain securities, including GameStop, AMC Entertainment and BlackBerry. Then the trading app reversed some of the restrictions, and the shares rose about 65 percent on Friday.

On Reddit’s Wall Street Bets forum, posters implored others to keep holding their GameStop shares and options. GameStop’s shares closed at $325 on Friday, up 1,625 percent in January.

On Monday, AMC rose about 18 percent early in the day. Last week, the price jumped nearly 280 percent.

The interest in silver began over the weekend. Moneymetals.com, a dealer in precious metals, said it wasn’t taking any new silver orders until midmorning Monday The iShares Silver Trust, which tracks the metal, reported record net inflows on Friday of $944 million.

The Securities and Exchange Commission said Wednesday it was “actively monitoring” the volatile trading. Melvin Capital Management, one of the hedge funds that bet against GameStop’s shares, lost 53 percent on its portfolio in January, a person familiar with the matter said.

Vlad Tenev, the chief executive of Robinhood, in 2016. Mr. Tenev was grilled by Elon Musk over trading curbs on shares of GameStop and other companies.Credit…Brendan Mcdermid/Reuters

“This has been a very surreal weekend and week for me.”

So said Vlad Tenev, the chief executive of the online brokerage firm Robinhood, in a public conversation with — of all people — Elon Musk about the challenges his company has faced amid the run-up in stocks like GameStop’s, the DealBook newsletter reports.

Mr. Tenev opened up on the social network Clubhouse late on Sunday about what led Robinhood to impose curbs on trading shares in GameStop and other companies last week, drawing outrage from customers and politicians alike. Last Thursday, an arm of the Depository Trust and Clearing Corporation, Wall Street’s main clearinghouse for stock trades, had demanded $3 billion in additional collateral — “an order of magnitude” more than usual, Mr. Tenev said — to cover risky trades by its customers.

That demand was later reduced to about $700 million, but Robinhood was still forced to draw down credit lines from banks and raise $1 billion from existing investors.

“This was nerve-racking,” Mr. Tenev said.

Mr. Tenev said the clearinghouse’s decision was based on “an opaque formula,” but sought to dispel persistent rumors that Wall Street elites were behind the move. Mr. Musk, a noted provocateur on Twitter, asked whether “something really shady” was behind the collateral demand. “You’re getting into conspiracy theories a little bit,” Mr. Tenev answered, and added that other brokers were also asked to post additional cash.

“We had no choice, in this case,” Mr. Tenev said. “We had to conform to regulatory capital requirements.”

The Robinhood chief also disputed speculation that his brokerage firm had imposed the trading curbs to aid Wall Street partners, including the big financial firm Citadel, whose brokerage arm executes most of its trades and whose hedge fund had invested in a fellow investment firm that had been betting against GameStop’s share price.

When Mr. Musk asked whether Robinhood was “beholden” to Citadel, Mr. Tenev shot back, “That’s just false.”

Unlike the fraud or manipulation that regulators like Gary Gensler are used to pursuing, the GameStop frenzy involves investors who have publicly acknowledged the risks they are takingCredit…Kayana Szymczak for The New York Times

The recent surge in GameStop’s stock — propelled by individual investors who banded together on Reddit — has put new pressure on the Biden administration’s pick for the top job at the Securities and Exchange Commission, Gary Gensler.

Mr. Gensler would inherit the agency as it faces calls to more tightly regulate online trading programs such as Robinhood that critics say enable unsophisticated investors to make risky financial bets, Deborah B. Solomon reports in The New York Times. But defenders of such platforms say they help flatten out inequities in the financial markets that have long favored deep-pocketed firms over average people. The S.E.C. said it was “closely monitoring” the situation in a statement.

“What’s going on with GameStop has almost nothing to do with GameStop as a company,” said Barbara Roper, director of investor protection for the Consumer Federation of America. “When you see the markets essentially turned into a video game or turned into a casino, that actually has some pretty serious repercussions for the way we use the markets to fund our economy.”

The question for Mr. Gensler, and the agency, will be what, if anything, they should do about concerns from people like Ms. Roper.

The S.E.C.’s role has traditionally been to ensure that companies disclose enough information for people to make informed investment decisions. But it does so by enforcing laws that were written before the advent of trading platforms such as Robinhood. Mr. Gensler’s first moves, those who know him say, will be investigating the GameStop surge to figure out who benefited, as there is speculation that it may have been fueled by some big funds after all.

Melvin Capital was a main player in the stock market drama over the video game retailer GameStop.Credit…Nick Zieminski/Reuters

Melvin Capital Management, one of the hedge funds pilloried on social media message boards for its short-selling bets that GameStop shares would fall, lost 53 percent on its portfolio in January, a person familiar with the matter said.

A principal reason was the huge losses the firm suffered when small investors bid up the stock of GameStop. The Wall Street Journal first reported the amount of Melvin Capital’s loss.

Founded by Gabe Plotkin, a protégé of the hedge fund billionaire and New York Mets owner Steven A. Cohen, Melvin Capital had $8 billion in assets under management at the end of January. That amount included $2.75 billion that Mr. Cohen’s fund, Point72, and Citadel, another hedge fund, put into Melvin Capital, as well as fresh capital from new investors, the person said.

Hedge fund returns at Citadel fell 3 percent for the month, about a third of which was caused by a $2 billion investment it made in Melvin about a week ago, according two people briefed on Citadel’s results.

Melvin Capital exited its position in GameStop after having to raise additional funds, Mr. Plotkin confirmed to CNBC last week. The firm was a main player in the market drama set off by a group of day traders who have been bidding up a handful of stocks that Wall Street had given up on — forcing losses on big hedge funds.

The traders appear to be mostly small investors focused on a handful of stocks like GameStop and AMC Entertainment. But they have emerged as a new risk factor for large firms that had bet against those companies with what are known as short sales. While the financial damage on Wall Street appears so far limited to a number of firms, the volatility shook the broader market. The S&P 500 fell 1.9 percent on Friday, finishing its worst week in three months.

Google has come under increasing scrutiny for its dominance in the digital ad market.Credit…Elijah Nouvelage/Agence France-Presse — Getty Images

The owner of The Charleston Gazette-Mail and other West Virginia news publications filed a lawsuit in federal court on Friday against Google and Facebook, accusing the companies of profiting from “anticompetitive and monopolistic practices” that have damaged the newspaper business.

The publisher, HD Media, said the lawsuit was the first of its kind to be filed by a newspaper company. The suit is focused on the centrality of Google to the online advertising market, as well as an agreement between Google and Facebook that is the center of an antitrust lawsuit brought by 10 state attorneys general. It is estimated the two tech companies together accounted for more than half of all digital advertising spending in 2019.

“Google and Facebook have monopolized the digital advertising market, thereby strangling a primary source of revenue for newspapers across the country,” HD Media said in the suit, filed in U.S. District Court of the Southern District of West Virginia.

“There is no longer a competitive market in which newspapers can fairly compete for online advertising revenue,” the suit continued.

The rise of digital media has led to sharp drops in revenue for many newspaper companies, which once depended on print ads and print subscriptions to stay in business. More than one in four American newspapers shut down between 2004 and 2018, and tens of thousands of newsroom jobs have disappeared.

In addition to The Gazette-Mail, which in 2018 won a Pulitzer Prize for investigative reporting, papers owned by HD Media include The Herald-Dispatch and The Logan Banner.

“We invite every other newspaper in America to join this cause,” Doug Reynolds, the managing partner of HD Media, said in a statement on Friday. “We are fighting not only for the future of the press but also the preservation of our democracy.”

Tech companies have come under new scrutiny in recent months. In October, the Justice Department filed suit against Google, accusing the company of illegally protecting its monopoly over internet search and the digital advertising market. In two lawsuits filed in December, dozens of states accused Google of abusing its dominance of the online ad business and thwarting competitors in search.

Last month, the lyric-annotation company Genius Media and two left-wing magazines, The Nation and The Progressive, filed an antitrust lawsuit against Google — as well as its parent company, Alphabet, and a sibling company, YouTube — citing what the suit called “anticompetitive conduct” in the digital ad market.

Google referred a request for comment to a statement the company issued this month in response to a separate complaint. In the statement, the company said its ad business “helps websites and apps make money and fund high-quality content.” Facebook did not immediately reply to a request for comment.

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Business

Weekly Jobless Claims Report Will Give Newest Indication of Restoration: Reside Updates

Here’s what you need to know:

Credit…Toby Melville/Reuters

The start of 2021 has been rocky for Britain. Its exit from the European Union unleashed a colossal amount of red tape that has left some industries desperate for help, and the country is under yet another lockdown because of a fast-spreading strain of the coronavirus.

But there has been a glimmer of hope. More than four million people in Britain have been partially vaccinated against the coronavirus, a promising pace of inoculation.

Investors looking to ride a wave of optimism about a vaccine rollout have turned to Britain’s stock market, which has posted a strong start to the year, jumping more than 6 percent in the first week.

Overall, in the first two and a half weeks of January, the FTSE 100, Britain’s benchmark stock index of large companies, gained 4.3 percent — outstripping the S&P 500 index, which rose 2.6 percent, and the Stoxx Europe 600 index, which was up 3 percent. Even when the gains are converted to U.S. dollars, the FTSE 100 still has a clear lead.

Beyond the vaccine rollout helping to ensure an economic rebound, another factor is drawing investors: the relative cheapness of British stocks.

Britain’s FTSE 100 index is benefiting from an investment strategy in which traders buy so-called value stocks. These are companies that are perceived to be trading below their true value because their business has been disrupted by a recession, especially in the financial and energy sectors, and the FTSE 100 has a large share of these stocks.

Analysts at Citigroup have ordained Britain’s stock market their “favorite” value trade.

“I would emphasize the very much unloved and horrible dreadful U.K. market might be worth a look this year,” Robert Buckland, a Citigroup equity strategist, said in a presentation last week. “We all know it’s been a place to avoid for many, many years.”

The British stock market has been a laggard for years.

Once converted into dollars, the annual returns of the FTSE 100 have been the worst of the three indexes for the past nine years.

Why are investors betting on a turnaround now? For one, many of them are ready for a bargain. The equity bull market has been dominated by shares of American tech companies that are expensive, which makes some investors nervous about how much they can keep rising. Cheap stocks in industries that tend to do well during economic boom times are offering an alternative.

And then there is Britain’s free-trade deal with the European Union. Some investors have put aside whether it’s a good or bad deal in its detail, in favor of relief that an agreement was reached in late December.

The deal “reduced that overhang people had of uncertainty,” said Caroline Simmons, the U.K. chief investment officer at UBS Global Wealth Management.

Waiting for coronavirus tests in San Bernardino, Calif. A surge in the virus and the slow rollout of vaccinations have set back recovery hopes.Credit…Alex Welsh for The New York Times

The new Biden administration will get its first dose of economic reality Thursday morning when the Labor Department reports the latest weekly data on initial jobless claims.

Last week, the government reported a surge in demand for unemployment benefits, with more than one million new claims, as pandemic-related restrictions and lockdowns took a fierce toll on employment.

The virus has hardly abated since then, with the death toll topping 400,000 in the United States, and few economists expect any significant letup in layoffs. Although job losses have been concentrated in service industries like restaurants and leisure and entertainment, the broader economy has also shown signs of a slowdown recently.

“I think it’s going to be another bad number, but some of what we saw last week was catch-up after the holidays,” said Diane Swonk, chief economist at the accounting firm Grant Thornton in Chicago. “I think we will be able to see Thursday how much was catch-up and how much was deteriorating economic conditions.”

The beginning of vaccinations in December provided optimism about a quick turnaround, but the slow rollout in many parts of the country has set back those hopes. On the other hand, the passage of a $900 billion relief package late last year and the prospect of more aid under the Biden administration have allayed fears of a double-dip recession.

An additional $300 a week in supplemental unemployment benefits may encourage more people to file for benefits, said Carl Tannenbaum, chief economist at Northern Trust in Chicago. The increased assistance was part of the new stimulus effort.

Over all, the best bet for the economy is more vaccinations, Mr. Tannenbaum said.

“There is no better economic stimulus than a successful vaccine rollout,” he said. “It will reduce the risk of human interaction and provide a basis on which different types of businesses can open more durably.”

Windmills made by Vestas on the Danish coastline. Shares in renewable energy companies have risen this week as President Biden has recommitted the United States to the Paris climate agreement. Credit…Charlotte de la Fuente for The New York Times

  • Stocks on Wall Street were set to open higher on Thursday after the S&P 500 index closed at a record high after President Biden was sworn in the previous day.

  • The benchmark U.S. index was heading for a 0.2 percent increase as investors await the latest data on weekly unemployment claims. It will give the new Biden administration its first signal of how the American labor market is responding to new fiscal stimulus as the pandemic rages on. Last week, the number of claims jumped, though some of that was attributed to a catch up in the data from the holiday period.

  • European stocks were mostly higher as traders anticipated more U.S. fiscal stimulus. The Stoxx Europe 600 index rose 0.4 percent, reaching an 11-month high. Most markets in Asia closed higher.

  • Renewable energy stocks extended gains this week after Mr. Biden recommitted the United States to the Paris climate agreement. Shares in Orsted and Vestas, two Danish wind energy companies, are up nearly 6 percent and 8 percent this week. Siemens Gamesa, a Spanish subsidiary of Siemens Energy that makes wind turbines, rose more than 3 percent on Thursday. Shares in First Solar, an American company, were up 2.8 percent in premarket trading.

  • Shares in the Canadian company TC Energy fell 1.2 percent on Wednesday, after it said it would stop work on the Keystone XL oil pipeline. Later in the day, Mr. Biden rescinded the company’s construction permit.

  • Oil prices declined on Thursday. Futures of West Texas Intermediate fell 0.6 percent to just under $53 a barrel.

  • The euro rose 0.3 percent against the U.S. dollar before the European Central Bank announces its latest policy decision, though traders were not expecting a change from the current stance of negative interest rates and asset buying.

  • The pound rose 0.6 percent against the U.S. dollar and was stronger against most major peers after the Bank of England governor struck a cautious tone about the use of negative interest rates, diminishing some expectations in the market that the tool could be used soon. The central bank governor, Andrew Bailey, said that he expected the British economy to experience a “pronounced recovery” as the vaccination program is rolled out.

To help the White House with its goal of vaccinating 100 million people in its first 100 days, Amazon offered to vaccinate a large share of its workers.Credit…Johannes Eisele/Agence France-Presse — Getty Images

On President Biden’s first day in office, the head of Amazon’s consumer business, Dave Clark, sent a letter to the White House with an offer to help achieve the goal of vaccinating 100 million people in the administration’s first 100 days. By way of assistance, the retailer offered to vaccinate a large share of its workers.

The e-commerce giant has made similar offers to state governments, including Tennessee and Washington, although Amazon was not among the companies Gov. Jay Inslee of Washington announced as partners in its vaccination plan this week.

Those earlier letters to governors were signed by Brian Huseman, who runs Amazon’s U.S. lobbying team, which has been seeking permission from the Centers for Disease Control and Prevention to vaccinate “essential” workers at the company’s warehouses, data centers and Whole Foods “at the earliest appropriate time.”

The company has hired a health care provider to help administer the vaccine to employees, it said in the letters.

This suggests that public-private partnerships to distribute vaccines may come with perks for the companies taking part, the DealBook newsletter notes, potentially giving companies leverage to push employees up the line in priorities set by states. Several states are struggling to roll out vaccines as fast as they’d like because of issues with funding, staffing and logistics. In his letter to Mr. Biden, Mr. Clark said that Amazon could help with “operations, information technology and communications capabilities,” though he didn’t specify what that would entail.

Already oil companies have found roughly 10 billion barrels of probable recoverable reserves of oil and gas off the coast of neighboring Guyana.Credit…Adriana Loureiro Fernandez for The New York Times

Suriname, Guyana and Brazil are the new areas of focus for oil companies, attracting more new investment than the Gulf of Mexico and other more established oil fields. They are helping to keep global oil prices relatively low, undermining efforts by Russia and its allies in the Organization of the Petroleum Exporting Countries, like Saudi Arabia, to manage global supply and push up prices.

The recent pickup in interest in Guyana and Suriname is somewhat surprising because their promise as oil producers has often come up empty, reports The New York Times’s Clifford Krauss. Companies drilled more than 100 unsuccessful wells there, mostly in shallow waters, from 1950 to 2014. But after rich fields were found in the deep waters off Brazil, Exxon Mobil and other companies returned to take another look. Exxon struck a gusher in Guyanese waters in 2015, opening the current flurry of exploration.

In Guyana, oil companies have found more than 10 billion barrels of probable reserves of accessible oil and gas offshore, according to IHS Markit, the energy consulting firm. Production began in 2019 and is ramping up quickly. Guyana already accounts for one of the top 50 oil basins worldwide, according to consultants.

Suriname has at least three billion to four billion barrels of reserves, energy experts said, or up to half the new oil and gas discovered around the world last year.

Oil companies say they can make money in Suriname with oil prices as low as $30 to $40 a barrel because of lower costs. That is roughly equivalent to the threshold in Guyana and well below today’s oil price. It is also below break-even levels in many places, including some U.S. shale fields, where costs usually add up to nearly $50 a barrel.

The European Central Bank left its stimulus measures intact Thursday, as expected, as it waited to see whether measures announced in December would be enough to limit economic damage from the pandemic.

Following a meeting of its governing council, the bank reiterated its intent to pump as much as 1.9 trillion newly created euros, or $2.3 trillion, into bond markets as part of a “pandemic emergency” program intended to keep market interest rates low.

The bond purchases will continue at least until March 2022 and longer if necessary, the bank said.

As expected, the central bank also said that it would maintain a program that effectively pays banks to lend money to businesses and consumers.

The European economy continues to suffer from the burden of extended lockdowns, but analysts had not expected the central bank to take further action Thursday after expanding programs intended to encourage banks to lend and hold down market interest rates.

Ramp service employees unload cargo from a United Airlines plane O’Hare International Airport in Chicago in December.Credit…Sebastian Hidalgo for The New York Times

United Airlines lost $1.9 billion in the fourth quarter, bringing its total losses for 2020 to just over $7 billion, its worst year since merging with Continental Airlines a decade ago. Despite that terrible loss, the airline said it expects 2021 to be a “transition year” as it prepares for a recovery from the coronavirus pandemic.

“The truth is that Covid-19 has changed United Airlines forever,” the company’s chief executive, Scott Kirby, said in a statement. “The passion, teamwork and perseverance that the United team showed in 2020 is exactly what will help us build a new United Airlines that’s better, stronger and more profitable than ever.”

The airline reported about $3.4 billion in operating revenue in the final three months of last year, down more than two-thirds from the same period in 2019. It ended the year with access to nearly $20 billion in cash or cash-equivalent funds, not including federal stimulus loans.

Delta Air Lines last week reported a $12.4 billion loss in 2020, capping what its chief executive called the “toughest year in Delta’s history.”

In anticipation of a recovery, United has resumed major maintenance and engine overhauls so that planes sidelined by weak demand will be ready as more people start flying again, it said.

But that recovery is unlikely to arrive for quite some time. United said it expects to bring in about a third as much operating revenue in the first quarter of this year as it did during the same three months in 2019. Most analysts believe the airline industry will not fully recover from the pandemic for several years.

Categories
Health

New map reveals the place China’s newest virus circumstances are clustered

More than half a year since Covid-19 halted its spread in mainland China, new clusters of cases have appeared in and around the capital Beijing in recent weeks.

The number of newly reported cases is nowhere near as high as in many countries outside of China, including the US. Hebei, the worst-hit province, has reported more than 800 new confirmed cases since January 1. Here’s a look at the provinces that have reported confirmed coronavirus cases since December 1, with darker shades representing areas with higher numbers of cases:

The ongoing spread of the virus, particularly in Hebei province surrounding Beijing, has led authorities to lockdown several regions and urge people across the country not to travel during the upcoming New Year celebrations. The holiday officially falls in mid-February this year.

“Given the rapid response from local governments, efficient testing and tracking systems, and the ongoing adoption of vaccines, we believe the situation will eventually be brought under control,” said Ting Lu, Nomura’s chief economist, China, in a January 18 note . “However, the unusually cold weather and the upcoming Lunar New Year (LNY) rush could make the task of containing the virus more difficult.”

“The hospitality sector is expected to slow while the industrial sector may remain solid,” said Lu, adding, “Markets may need to lower expectations of strong pent-up consumer demand during the upcoming LNY vacation in mid-February.”

Hebei Province started an increase in coronavirus cases earlier this year, with daily numbers topping 90 last week. The numbers don’t include the many asymptomatic cases found by mass testing.

Categories
Politics

Far-right activist ‘Baked Alaska’ is among the many newest Capitol rioters to be arrested.

Anthime Joseph Gionet, a far-right media personality nicknamed “Baked Alaska” known for engaging in illegal activities, was arrested by the FBI on Friday and charged with illegally using the Capitol during the attack on the building by President Trump’s supporters to have stormed earlier this month.

Mr Gionet, who was banned from Twitter and YouTube for his content, has streamed himself live in the crowd on DLive, a streaming service that is growing in popularity after a mass exodus of right-wing figures from more mainstream platforms. He posted a video showing supporters of President Trump taking selfies with officials at the Capitol, who quietly asked them to leave the premises. The video showed Trump supporters talking to each other, laughing and telling the officers and each other, “This is just the beginning.”

According to the Justice Department website, Mr. Gionet was arrested in Houston on Friday and charged with two federal crimes. In a lawsuit, Nicole Miller, an FBI agent, said Mr. Gionet recorded a 27-minute live video in which he appeared to be singing, “Patriots are in control,” and says, “We’re in the Capitol, 1776 is about to start again.” . ” . ”

Over 70 people have been arrested and at least 170 cases opened in connection with the riots. Many of the mob participants could be easily identified from their social media posts.

Emily Hernandez, a woman who was photographed with part of the wooden nameplate ripped from the entrance to Spokeswoman Nancy Pelosi’s office, was arrested and charged in federal court Friday, according to the Kansas City star.

Ms. Hernandez was featured in numerous videos and photos depicting Ms. Pelosi’s shattered nameplate like a precious souvenir. According to the FBI, friends and acquaintances said they got tips about Ms. Hernandez after she posted pictures and videos of herself messing around with the nameplate on Facebook and Snapchat.

Jenna Ryan, a Frisco, Texas real estate agent who took a private plane to Washington to join the mob, was also charged on Friday. She was easy to identify after reporting on her attendance in a variety of ways, including livestreaming it at the Capitol saying, “Life or death doesn’t matter. Here we go.”

Just before entering, she turned to the camera and said, “You know who to hire for your agent. Jenna Ryan for your agent. “

Categories
World News

Covid-19 Vaccine, Instances Reside Updates: The Newest International Information

Here’s what you need to know:

Credit…Christopher Occhicone for The New York Times

The Trump administration, in a major policy shift aimed at accelerating lagging distribution of the coronavirus vaccine, announced on Tuesday that it would release all available doses and instructed states to immediately begin vaccinating every American 65 and older, as well as tens of millions of adults with health conditions that put them at higher risk of dying from the virus.

The announcement, by Health Secretary Alex M. Azar II and other top federal health officials, came amid continuing complaints about the pace of the vaccine rollout. Mr. Azar warned that states will lose their allocations if they don’t use up doses quickly, and that starting in two weeks, how many each state receives will be based on the size of its population of people 65 and older.

Precisely how that will work is unclear; in two weeks, President-elect Joseph R. Biden Jr. will already have been sworn in as president. Mr. Azar said the incoming Biden administration would be briefed on the changes, though he added that Americans “operate with one government at a time, and this is the approach that we believe best fulfills the mission.”

The new distribution plan, first reported Tuesday morning by Axios, is a reversal for the administration, which had been holding back roughly half of its vaccine supply — millions of vials — to guarantee that second doses would be available. Mr. Azar said the administration always expected to make the shift when it was confident in the supply chain. Both vaccines authorized in the United States so far require two doses: 21 days apart for the one developed by Pfizer and BioNTech, and 28 days apart for the one from Moderna.

“This next phase reflects the urgency of the situation we face,” he said.

Just days ago, Mr. Azar and officials from Operation Warp Speed, the administration’s fast-track vaccine initiative, criticized aides to Mr. Biden for announcing a similar plan. Mr. Azar said at the time that releasing nearly all of the doses, as the Biden team proposed, would jeopardize the “system that manages the flow, to maximize the number of first doses, but knowing there will be a second dose available.”

He called any proposed changes an “untenable position.”

Health officials also recommend that the vaccines be given to all adults with pre-existing conditions that make them more likely to develop serious illness from the virus, such as diabetes, chronic lung or heart disease, high blood pressure and cancer. Before the change, the vaccines were largely being distributed to people in the highest-risk categories, including frontline health care workers and older people in nursing homes.

In addition to the eligibility changes, health officials are also adding more community centers and pharmacies to the list of places where people can be vaccinated.

Mr. Azar’s new directive threatens to create more confusion in states that had already articulated different plans for who should receive the vaccine next. As of Monday, about 9 million people have received at least one dose of a Covid-19 vaccine, according to the Centers for Disease Control and Prevention, far short of the federal government’s original goals. At least 151,000 people in the United States have been fully vaccinated, as of Jan. 8, according to a New York Times survey of all 50 states. More than 375,000 people have died related to the virus and in recent days, the number of daily deaths in the country has topped 4,000.

Instead of holding back vaccine doses all existing doses will be now sent to states to provide initial inoculations. Second doses are to be provided by new waves of manufacturing.

The idea of using existing vaccine supplies for first doses has raised objections from some health workers and researchers, who worry that frontloading shots will raise the risk that second injections will be delayed. Clinical studies testing the vaccines showed the shots were effective when administered in two-dose regimens on a strict schedule. And while some protection appears to kick in after the first shot, experts remain unsure of the extent of that protection, or how long it might last without the second dose to boost its effects.

But others have vocally advocated for explicit dose delays, arguing that more widely distributing the partial protection afforded by a single shot will save more lives in the meantime.

The new recommendations come after some states have already begun vaccinating people 65 and older, leading to long lines and confusion over how to get a shot. Health experts and officials have faced difficult choices as they decided which groups would be prioritized in the vaccine rollout. While the elderly have died of the virus at the highest rates, essential workers have borne the greatest risk of infection, and the category includes many poor people and people of color, who have suffered disproportionately high rates of infection and death.

Despite the bumpy rollout, Gov. Ron DeSantis of Florida, who prioritized people 65 and older from the start, said he believed making all older people eligible was always the right thing to do.

The initial guidelines “would have allowed a 20-year-old healthy worker to get a vaccine before a 74-year-old grandmother,” he said on Tuesday at a news conference in the sprawling retirement community of The Villages. “That does not recognize how this virus has affected elderly people.”

In New York, which began vaccinating people 75 and older and more essential workers this week, Gov. Andrew M. Cuomo said that the state will accept the new federal guidance to prioritize those 65 and older, though he criticized the administration for not clearly defining who should be considered “immunocompromised.”

The new guidance will make more than 7 million New Yorkers eligible for the vaccine, Mr. Cuomo said, though the state only receives 300,000 doses a week.

“The federal government didn’t give us an additional allocation,” he said. “At 300,000 per week, how do you effectively serve 7 million people, all of whom are now eligible, without any priority?”

New Yorkers 65 and older are immediately able to schedule appointments on the state’s website, according to Melissa DeRosa, a top Cuomo aide, who added that the state was working with the C.D.C. on who is considered immunocompromised.

New guidelines released on Monday by the Centers for Disease Control and Prevention now note that while people should get their second shots “as close to the recommended 3-week or 1-month interval as possible,” there is “no maximum interval between the first and second doses for either vaccine.”

The update perplexed experts, who said that while other, previously licensed vaccines that involve multiple doses can be administered months or even years apart, no evidence yet exists to clearly support this strategy for Covid-19. “They will need to back this up with data,” said Marion Pepper, an immunologist at the University of Washington.

Dr. Leana Wen, an emergency physician at the George Washington School of Public Health, echoed the call for an explanation. With skepticism of vaccines already hindering the rollout of some shots, “the last thing we want to do is give the impression that there are shortcuts being taken in the approval process.”

Health officials in Britain are now allowing intervals between the first and second doses of Pfizer’s vaccines of up to 12 weeks. Last week, the World Health Organization said the injections could be given up to six weeks apart. The agency’s Strategic Advisory Group of Experts on Immunization “considers the administration of both doses within 21 to 28 days to be necessary for optimal protection,” said Saad Omer, a vaccine expert at Yale University who helped draft the WHO’s position on the matter.

In response to queries about dose delays, representatives from Pfizer and Moderna have repeatedly pointed to the company’s clinical trials, which tested dosing regimens of two shots, separated by 21 days for Pfizer, and 28 days for Moderna.

“Two doses of the vaccine are required to provide the maximum protection against the disease, a vaccine efficacy of 95 percent,” Steven Danehy, a spokesman for Pfizer, said earlier this month. “There are no data to demonstrate that protection after the first dose is sustained after 21 days.”

United States › United StatesOn Jan. 11 14-day change
New cases 222,902 +37%
New deaths 2,048 +48%
World › WorldOn Jan. 11 14-day change
New cases 625,815 +32%
New deaths 10,307 +28%

Where cases per capita are
highest

A coronavirus testing site in a shopping center parking lot in southern Los Angeles last week.Credit…Philip Cheung for The New York Times

California is trying to speed up its vaccination efforts, which have lagged amid the state’s struggle with a weekslong deluge of coronavirus cases that has led to some of the most dire consequences in the country.

Emergency rooms have had to shut their doors to ambulances for hours at a time. Nearly one in 10 people has tested positive for the virus in Los Angeles County, the nation’s most populous. And a surge of hospitalizations has caused problems for the oxygen delivery and supply system used by medical facilities.

Over the past week, an average of 480 people daily have died of Covid-19 in the state, according to a New York Times database.

Gov. Gavin Newsom said on Monday that California would employ an “all-hands-on-deck approach” to ramp up vaccinations.

The approach includes transforming Dodger Stadium from one of the nation’s biggest and most visible Covid-19 testing sites into a mass vaccination center. Petco Park, where the San Diego Padres play, and the state fairgrounds in Sacramento are also being set up as vaccination sites, the governor said.

The Orange County board of supervisors said on Monday that the county’s first of five planned “super” vaccination sites would open this week at the Disneyland Resort in Anaheim, which has been closed for much of the pandemic. Vaccinations will be available by appointment to everyone in “Phase 1a,” which includes frontline health care workers, paramedics, dentists and pharmacists.

Los Angeles County opened vaccine eligibility to a wider group of health care workers on Monday, allowing workers in facilities like primary care clinics, Covid-19 testing centers, laboratories, pharmacies and dental offices, as well as those who work with people who are homeless, to be vaccinated.

Previously, workers in hospitals and long-term-care facilities were prioritized. But as The Los Angeles Times reported, large numbers of health care workers in Los Angeles and Riverside Counties were declining to be inoculated.

And relatively few people in California have gotten vaccine doses, compared with other places: Only 2 percent of the state’s population has received a vaccine, according to a New York Times database; 782,638 doses out of the more than 2.8 million that the state has received have been administered.

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Newsom Broadens Who Can Administer Vaccines

Gov. Gavin Newsom of California described an “all-hands-on-deck approach” that will allow a wider range of health care workers, including pharmacists and dentists, to administer the coronavirus vaccine.

We are sending an urgent call across the spectrum, our health care partners, our legislative partners, as well as labor and business partners up and down the state, this notion of an all-hands-on-deck approach to accelerate the equitable and safe distribution of vaccines. Again, we’re not losing sight of the issue of equity. We’re not losing sight of the imperative to prioritize the most vulnerable and the most essential. So that’s why we talk about our special efforts to vaccinate the vaccinators as part of an all hands on deck — the slide that represents the number of categories of individuals and groups that can currently vaccinate. And you can see the myriad of different registered nurses, physician assistants and the like. But we recognize more folks need to have that ability. And that’s why you recall a week or so ago, we talked about our efforts on pharmacists and pharm techs. We’re seeing more and more paramedics partnering with the counties. Local health officers are encouraging this and we are very supportive of EMTs as this local option for additional vaccinators to help administer these vaccines faster.

Video player loadingGov. Gavin Newsom of California described an “all-hands-on-deck approach” that will allow a wider range of health care workers, including pharmacists and dentists, to administer the coronavirus vaccine.CreditCredit…Alex Welsh for The New York Times

Dr. Mark Ghaly, California’s secretary of health and human services, said at a news conference on Monday that the state was working to distribute vaccines to those who need them and want them — without allowing wealthy people to cut the line.

Mr. Newsom said the state was allowing a broader range of workers to administer vaccines, including pharmacists and dentists, and was rolling out a public awareness campaign in 18 languages.

“People have said, ‘Well, what about sending in the National Guard?’” he said of the groups administering vaccines. “Well, we have the National Guard out there.”

He also said there were urgent efforts to “vaccinate the vaccinators.”

Representative Brad Schneider, Democrat of Illinois, speaking in Washington last year.Credit…Samuel Corum/Getty Images

Three Democratic members of Congress have tested positive for the coronavirus, and say they believe their infections are linked to their time spent in a secure location with colleagues who did not wear masks during last week’s siege of the U.S. Capitol.

Representative Brad Schneider, Democrat of Illinois, said he received a positive test result Tuesday morning after driving home to Illinois, and that he did not have symptoms. Like Representatives Bonnie Watson Coleman of New Jersey and Pramila Jayapal of Washington, two Democrats who had announced positive tests on Monday, he directly blamed a group of House Republicans who refused to wear masks while sheltering in a secure location during the Capitol siege.

“Today, I am now in strict isolation, worried that I have risked my wife’s health and angry at the selfishness and arrogance of the anti-maskers who put their own contempt and disregard for decency ahead of the health and safety of their colleagues and our staff,” Mr. Schneider said.

He called for lawmakers who ignore public health guidance to be sanctioned “and immediately removed from the House floor by the Sergeant-at-arms for their reckless endangerment of their colleagues.”

Capitol Hill has long struggled to contain the spread of the virus, and within hours of the beginning of the 117th Congress on Jan. 3, lawmakers began announcing positive test results.

Now lawmakers, aides, police officers and reporters who fled to secure locations during the siege have been warned that they might have been exposed to the virus while sheltering from the mob.

On Sunday, Representative Chuck Fleischmann, Republican of Tennessee, who was also in protective isolation at the Capitol during the siege, said that he had tested positive for the virus after being exposed to his roommate, Representative Gus Bilirakis of Florida, also a Republican.

Mr. Fleischmann told the local news station WRCB that he was notified Wednesday that Mr. Bilirakis had tested positive, but did not receive the notification amid the riot. He said he did not know how many other lawmakers he had come in contact with.

Democrats, already frustrated by resistance from their Republican colleagues to wearing masks, accused maskless Republicans in the secure House location of reckless indifference.

“It angers me when they refuse to adhere to the directions about keeping their masks on,” Ms. Watson Coleman said in an interview. “It comes off to me as arrogance and defiance. And you can be both, but not at the expense of someone else.”

Ms. Jayapal said on Twitter that she had tested positive “after being locked down in a secured room at the Capitol where several Republicans not only cruelly refused to wear a mask but recklessly mocked colleagues and staff who offered them one.”

Ms. Jayapal, who said she had begun quarantining immediately after the siege on the Capitol, also said that any member of Congress who did not wear a mask should be removed from the floor by the sergeant-at-arms and fined.

“This is not a joke,” she said in a statement. “Our lives and our livelihoods are at risk, and anyone who refuses to wear a mask should be fully held accountable for endangering our lives because of their selfish idiocy.”

Dustin Johnson teeing off the 17th tee during round two at the Masters golf tournament in Augusta, Ga., in November.Credit…Doug Mills/The New York Times

This year’s Masters tournament in April will be attended by a limited number of spectators, the Augusta National Golf Club announced Tuesday. The club, which prohibited fans from the event two months ago, did not specify how many fans would be allowed in 2021, adding that spectators would be permitted if “it can be done safely.”

The 2020 Masters was postponed from its usual April date to November because of the coronavirus pandemic and was contested with protocols that included virus testing before the event for all players, caddies, club members, staff and other personnel, including a reduced number of media members.

Fred Ridley, the club chairman, said in a statement issued Tuesday that similar health standards would be instituted for this year’s tournament, which is scheduled to be contested from April 8 to 11. The club, based in Augusta, Ga., made the announcement as the state reported 16 new coronavirus deaths and 7,957 new cases on Jan. 11. Over the past week, there has been an average of 9,604 cases per day, an increase of 55 percent from the average two weeks earlier.

“Following the successful conduct of the Masters Tournament last November with only essential personnel, we are confident in our ability to responsibly invite a limited number of patrons to Augusta National in April,” Ridley said. “As with the November Masters, we will implement practices and policies that will protect the health and safety of everyone in attendance.”

The Augusta National statement said the club was in the process of communicating with all ticket holders and that refunds will be issued to those patrons not selected to attend.

Commuters at Shinjuku station in Tokyo last week.Credit…Noriko Hayashi for The New York Times

Another new coronavirus variant has been detected in four people who traveled to Japan from Brazil.

Japan’s health ministry said that the people who arrived this month at Tokyo’s Haneda Airport had tested positive for the coronavirus and that it was a separate variant with similarities to those detected in Britain and South Africa. It is also distinct from another variant recently identified in Brazil, according to experts who have analyzed the data.

Makoto Shimoaraiso, an official with Japan’s Cabinet Secretariat and Office for Covid-19 Preparedness and Response, said on Tuesday that the country was consulting with the World Health Organization.

It is not unusual for viruses to accumulate mutations or for new variants to emerge. But scientists are calling for greater surveillance of variants, particularly after those from Britain and South Africa proved to be more contagious.

Mr. Shimoaraiso said epidemiologists were not sure whether the variant identified in Japan was more infectious or likely to cause more severe illness.

According to Japan’s health ministry, one of the passengers infected with the new variant, a man in his 40s, was admitted to a hospital after having breathing difficulties. Of the other cases, a woman in her 30s and a teenage boy are experiencing sore throats and fever, and a teenage girl is asymptomatic.

London last week. A coronavirus variant that emerged in Britain has been found in about 50 countries.Credit…Andrew Testa for The New York Times

In recent weeks, scientists have raised concerns about a coronavirus variant first detected in December in South Africa, noting that this version of the virus may spread more quickly than its cousins, and perhaps be harder to quash with current vaccines.

Their worries are compounded by skyrocketing Covid-19 cases in the United States and another highly infectious new variant that is driving a surge in Britain.

Scientists still have a lot to learn about these variants, but experts are concerned enough to warn people to be extra-vigilant in masking and social distancing. Here’s what you need to know:

  • The British variant has been found in about 50 countries, including the United States, where dozens of cases have been identified. The South African variant has spread to about 10 countries but has yet to be detected in the United States.

  • Both variants carry genetic changes in the virus’s spike protein — the molecule used to unlock and enter human cells — that could make it easier to establish an infection. Researchers estimate that the British variant is about 50 percent more transmissible than its predecessors. Julian Tang, a virologist at the University of Leicester, said that researchers didn’t yet have a good estimate for how much more contagious the South African variant is.

  • There is no evidence that any of the new variants are more deadly on their own, but an uptick in the spread of any virus creates ripple effects as more people become infected and ill. That can strain already overstretched health care systems and undoubtedly lead to more deaths.

  • It is unlikely that either variant will completely evade the protective effects of the new Covid vaccines. A recent study, not yet published in a scientific journal, found that the Pfizer-BioNTech vaccine is still effective against a virus carrying a mutation common to both new variants.

    The South African variant does carry genetic changes that could make vaccines less effective: One mutation appears to make it harder for antibodies produced by the immune system to recognize the coronavirus, which means they may be less effective at stopping the variant. But it is “important to note that doesn’t mean vaccines won’t be functionally protective,” said Angela Rasmussen, a virologist affiliated with Georgetown University.

    Vaccines use multifaceted immune responses, and while some antibodies may be confused by the variant, others probably won’t be. In addition, antibodies are only one sliver of the complex cavalry of immune cells and molecules that battle infectious invaders.

    Also, if the virus accumulates more genetic changes, many of the authorized vaccines, including Pfizer’s and Moderna’s, can be adjusted fairly quickly.

Transportation emissions dropped sharply in 2020 as millions of people stopped driving to work and lockdowns were in place.Credit…Lucy Nicholson/Reuters

America’s greenhouse gas emissions from energy and industry plummeted more than 10 percent last year, reaching their lowest levels in at least three decades as the pandemic slammed the brakes on the nation’s economy, according to an estimate published Tuesday by the Rhodium Group.

The steep drop was the result of extraordinary circumstances, however, and experts say the United States still faces enormous challenges in getting its planet-warming pollution under control.

“The most significant reductions last year were around transportation, which remains heavily dependent on fossil fuels,” said Kate Larsen, a director at Rhodium Group, a research and consulting firm. “But as vaccines become more prevalent, and depending on how quickly people feel comfortable enough to drive and fly again, we’d expect emissions to rebound unless there are major policy changes put in place.”

Transportation, the nation’s largest source of greenhouse gases, saw a 14.7 percent decline in emissions in 2020 as millions of people stopped driving to work and airlines canceled flights. Although travel started picking up again in the second half of the year as states relaxed lockdowns, Americans drove 15 percent fewer miles last year than in 2019.

Over all, the fall in emissions nationwide was the largest one-year decline since at least World War II, the Rhodium Group said. It put the United States within striking distance of one of the major goals of the Paris climate agreement, a global pact by nearly 200 governments to address climate change.

As part of that agreement, President Barack Obama had pledged that U.S. emissions would fall 17 percent below 2005 levels by last year. President Trump withdrew the country from the Paris accord, and before last year, it appeared that the United States would miss the emissions target. But America’s industrial emissions are now roughly 21.5 percent below 2005 levels.

Scientists say that even a big one-year drop is not enough to stop climate change. Until humanity’s emissions are essentially zeroed out and nations are no longer adding greenhouse gases to the atmosphere, the planet will continue to heat up. As if to underscore that warning, European researchers announced last week that 2020 was probably tied with 2016 as the hottest year on record.

Global roundup

Coronavirus testing at a clinic outside Kuala Lumpur, Malaysia, on Monday.Credit…Fazry Ismail/EPA, via Shutterstock

Malaysia’s king declared a national state of emergency on Tuesday to stem a surge in coronavirus cases, suspending Parliament, closing nonessential businesses and locking down several states and territories, including the largest city, Kuala Lumpur.

The emergency declaration could last until Aug. 1, and some critics said the main beneficiary would be the prime minister, Muhyiddin Yassin, the head of an unelected government who for months has barely maintained his hold on power.

Mr. Muhyiddin, who asked the king to issue the declaration, went on television to assert that the emergency measure was necessary to contain the virus — and that it was not about extending his political career.

“Let me assure you, the civilian government will continue to function,” he said. “The emergency proclaimed by the king is not a military coup.”

Mr. Muhyiddin promised to hold a general election after the virus was brought under control.

Malaysia was mostly successful in containing the virus for much of last year, but the number of infections began rising in October and reached a daily peak of more than 3,000 new cases on Thursday. The surge was caused in part by an election campaign in the state of Sabah and by an outbreak among migrant workers. The government reported a total of more than 141,000 cases and 559 deaths as of Tuesday.

Mr. Muhyiddin came to power in March after the previous government collapsed. He formed a new coalition and the king appointed him prime minister without a parliamentary vote. Opponents have since questioned whether he has the support of a majority of Parliament’s 222 members.

Now, the king’s declaration means that no parliamentary vote or general election can be held for more than six months, as long as the virus persists.

James Chin, professor of Asian studies at the University of Tasmania, said the declaration gave Mr. Muhyiddin extraordinary powers, including the authority to pass laws that override existing ones and to use the military for police work.

“Politically he will benefit the most from this Covid emergency,” he said. “This will give him what he wants without any scrutiny from Parliament.”

Other global developments:

  • Taiwan on Tuesday reported two locally transmitted coronavirus infections: a doctor and a nurse at a hospital in the northern part of the island that treats coronavirus patients. They are Taiwan’s first locally transmitted cases since Dec. 22, when it reported the first such case since April.

  • The European Union’s top drug regulator said it would assess the coronavirus vaccine developed by AstraZeneca and Oxford University “under an accelerated timeline,” after receiving an application for emergency authorization of the drug.

  • The leader of the German state of Bavaria has urged health care workers to do their “civic duty” by getting vaccinated, and called on the government to consider making coronavirus vaccinations for medical personnel mandatory in some cases. And about half of the staff at Charité, Germany’s largest research hospital, has refused to receive vaccine shots, according to Dr. Andrej Trampuz, a department head at the facility.

  • Because of high infection numbers, Berlin residents will be restricted from traveling more than about 9 miles outside the city, under new rules agreed to by German lawmakers. The distance of travel within Berlin is not being limited.

  • A couple who were out walking on Saturday night in Sherbrooke, Quebec, told the police that they were in compliance with a new overnight curfew because the wife was walking her crawling husband on a leash like a dog, CTV News reported. People walking their dogs are excluded from the province’s curfew, which is in effect from 8 p.m. to 5 a.m., as are essential workers and those seeking medical care. The pair were fined 1,500 Canadian dollars each. The province’s leader, François Legault, said on Monday that 740 people were fined over the weekend for violating the curfew, the first of its kind in Canada.

Dr. Rochelle P. Walensky is President-elect Joseph R. Biden Jr.’s nominee to lead the Centers for Disease Control and Prevention.Credit…Hilary Swift for The New York Times

Dr. Rochelle P. Walensky, chief of the infectious diseases division at Massachusetts General Hospital and a professor at Harvard, has been nominated by President-elect Joseph R. Biden Jr. to be director of the Centers for Disease Control and Prevention. In a column for The New York Times Opinion section, excerpted here, she writes about her plans for the agency.

On Jan. 20, I will begin leading the C.D.C., which was founded in 1946 to meet precisely the kinds of challenges posed by this pandemic. I agreed to serve as C.D.C. director because I believe in the agency’s mission and commitment to knowledge, statistics and guidance. I will do so by leading with facts, science and integrity — and being accountable for them, as the C.D.C. has done since its founding 75 years ago.

I acknowledge that our team of scientists will have to work very hard to restore public trust in the C.D.C., at home and abroad, because it has been undermined over the last year. In that time, numerous reports stated that White House officials interfered with official guidance issued by the C.D.C.

As chief of the infectious diseases division at Massachusetts General Hospital, I and many others found these reports to be extremely disturbing. The C.D.C.’s science — the gold standard for the nation’s public health — has been tarnished. Hospitals, doctors, state health officials and others rely on the guidance of the C.D.C., not just for Covid-19 policies around quarantine, isolation, testing and vaccination, but also for staying healthy while traveling, strategies to prevent obesity, information on food safety and more.

Restoring the public’s trust in the C.D.C. is crucial. Hospitals and health care providers are beyond tired, beyond stretched. I know because I have stood among them, on the front lines of the Covid-19 response in Massachusetts. We also face the need for the largest public health operation in a century, vaccinating the population — twice — to protect ourselves and each other from a surging pandemic. Because the impact of Covid-19 does not fall equally on everyone, we must redouble our efforts to reach every corner of the U.S. population.

The research and guidance provided by the civil servants at the C.D.C. should continue regardless of what political party is in power. Novel scientific breakthroughs do not follow four-year terms. As I start my new duties, I will tell the president, Congress and the public what we know when we know it, and I will do so even when the news is bleak, or when the information may not be what those in the administration want to hear.

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Gorillas Test Positive for Coronavirus at San Diego Zoo

Officials at the zoo’s Safari Park said that several gorillas had tested positive for the virus and that they believed an asymptomatic staff member infected the animals.

They’re doing OK, they’re experiencing some mild symptoms. And we continue to observe them. But they’re drinking, they’re eating and they’re interacting with one another. So we suspect that the gorillas got this virus from an asymptomatic team member. And that’s despite all of the precautions that we take. We follow C.D.C. guidelines. We follow San Diego County health guidelines. The team wears P.P.E. around all of our wildlife. And so even with all those precautions, we still have an exposure that we think happened with that team member. This virus has been very, very tricky. We’ve done everything we can to respond to it and make sure that we’re taking all the precautions and following all the guidelines that we can. But as we see it evolving everywhere around the world right now, we know that it is, it is, it’s evolving. It’s changing. And the best that we can do for humans and wildlife is just to ensure that we stay up to date on any protocols, that we remain nimble so that we can respond accordingly and make sure that we’re doing the very best we can to protect both our team, our guests and wildlife.

Video player loadingOfficials at the zoo’s Safari Park said that several gorillas had tested positive for the virus and that they believed an asymptomatic staff member infected the animals.CreditCredit…Ken Bohn/San Diego Zoo Global/Via Reuters

Several gorillas at the San Diego Zoo Safari Park have tested positive for the coronavirus, becoming what federal officials say are the first known apes in the United States to be infected.

Zoo officials said on Monday that they believed the gorillas were infected by an asymptomatic staff member who had been following safety recommendations, including wearing personal protective equipment when near animals.

Veterinarians are closely monitoring the troop, which is made up of eight western lowland gorillas. The infected animals are expected to make a full recovery, officials said.

“Aside from some congestion and coughing, the gorillas are doing well,” Lisa Peterson, the Safari Park’s executive director, said in a statement.

Three animals are exhibiting symptoms, officials said. And because gorillas live together in troops, “we have to assume,” the zoo said, “that all members of the family group have been exposed.”

The total number of western lowland gorillas, which can be found in central Africa, has declined more than 60 percent over the past two decades, according to the World Wildlife Fund.

Zoo officials learned that at least two gorillas had been infected with the coronavirus after the animals were observed on Wednesday “coughing and showing other mild symptoms,” the zoo said in the statement.

The zoo’s Safari Park has been closed since Dec. 6 amid a lockdown, and the primate habitat where the gorillas are housed poses “no public health risk,” officials said. Last year, as the pandemic spread across the country, the zoo installed additional barriers to ensure that more than six feet of space separated visitors from “susceptible species,” officials said.

The gorillas are among the latest animals in the country to become infected with the coronavirus. In April, the first case of human-to-cat transmission was detected in a tiger at the Bronx Zoo in New York City. In August, minks on two farms in Utah tested positive. In December, a coronavirus infection in a snow leopard was detected at the Louisville Zoo in Kentucky.

VideoVideo player loadingMayor Bill de Blasio of New York City announced on Tuesday that CitiField, the Mets’ home stadium in Queens, will be a “24/7 mega-vaccination site” starting the week of Jan. 25.CreditCredit…Ryan Christopher Jones for The New York Times

Mayor Bill de Blasio of New York City announced on Tuesday that CitiField, the Mets’ home stadium in Queens, will be a mass vaccination site starting the week of Jan. 25. The site will operate around the clock, seven days a week, with the capacity to vaccinate 5,000 to 7,000 people a day, Mr. de Blasio said. The location is ideal, the mayor said, because it is right next to a subway and railroad station and has plenty of parking.

“It’s going to be big, and it’s going to be a game changer,” Mr. de Blasio said at a news conference on Tuesday.

Large sports venues across the country have been used as sites for mass coronavirus testing, and more recently for vaccination, including the home stadiums of the Los Angeles Dodgers and San Diego Padres baseball teams, the Arizona Cardinals of the N.F.L. and the San Antonio Spurs of the N.B.A. Testing and vaccination efforts at Hard Rock Stadium in Miami were temporarily suspended on Monday to allow the college football championship game between Alabama and Ohio State to be played there.

The pool of people eligible for the vaccine in New York has recently expanded to include teachers and a range of other essential workers, as well as any resident who is 65 or older. At first, the vaccine was limited to frontline health care workers and nursing home residents.

The CitiField location is part of New York City’s initiative to establish mass inoculation sites in each of the city’s five boroughs. Vaccination centers opened in Brooklyn and the Bronx this week; locations in Manhattan and Staten Island have not yet been announced.

More than 26,000 vaccine doses were administered in the city on Monday, according to Mr. de Blasio, who is trying step up the pace of inoculations. The mayor has said his goal is to have one million doses administered by the end of January.

Mr. Cuomo, a third-term Democrat, said on Tuesday that the state intended to set up a series of rapid testing sites in areas where restrictions have closed indoor dining and arts events, and closed offices. Some of these sites would be located in vacant retail spaces or shuttered businesses, he said, promising hundreds of “pop-up” testing sites.

At the same time, Mr. Cuomo wants to reopen office buildings — a major element of New York City’s economy, both for their tenants and developers — saying he had received assurances from their owners that they could ramp up testing for workers. “Bringing workers back safely will boost ridership on our mass transit, bring customers back to restaurants and stores, and return life to our streets,” he said.

A coronavirus testing site in Los Angeles on Monday. The United States was one of the poorest-performing countries in a study of responses to the pandemic.Credit…Alex Welsh for The New York Times

How well a country has responded to Covid-19 is not explained by the country’s economic power or scientific capacity, but by how its people relate to one another and their government, according to preliminary findings of a research study.

“Countries with traditions of acting in concert against social problems, and countries with histories of deference to public authorities, fared better on compliance than countries lacking either or both,” the researchers wrote.

Investigators compared characteristics of 23 countries on six continents, considering outcomes related to disease burden, economic impact and disparities. In the United States, rated as one of the poorest-performing countries, “the virus ‘exploited’ pre-existing weaknesses” in public health, the economy and politics.

Before the pandemic, numerous reports and congressional testimony “recognized vulnerabilities that became apparent during Covid-19,” another study found, including threats of viruses emerging from animals, economic disruption, inadequate stockpiles and vulnerability to global supply shortages. For that study, researchers compiled more than 1,200 pre-pandemic records in an expanding online library that was introduced on Tuesday — Health Security Net — in the hopes that it will “inform future planning and response efforts.”

Another team, studying five countries in Africa, found that national leaders there had quickly recognized the threat from the virus and imposed measures to limit its importation and spread. “That managed to at least curtail the outbreak,” said Wilmot James, a Columbia University research scholar who was one of the study’s principal investigators, “but the impacts on the economies were quite devastating.”

The Africa Centers for Disease Control and Prevention, a four-year-old institution modeled in part on its U.S. counterpart, was unique in providing technical assistance for an entire continent.

The research reports were released Tuesday in conjunction with a two-day symposium, the Futures Forum on Preparedness, supported by Schmidt Futures and the Social Science Research Council.

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World News

Indonesia Boeing Aircraft Crashes Into Sea: The Newest Updates

BANGKOK – A passenger plane carrying more than 60 people crashed into the Java Sea a few minutes after taking off from the Indonesian capital Jakarta on Saturday, Indonesian officials said, again drawing attention to a nation long cursed by air disasters.

The fate of the plane, a Boeing 737-500, also had the potential to drag the troubled American aviation giant into a worse public spot, although the cause of the crash was not yet clear.

The Indonesian Ministry of Transportation announced that the last contact with the plane, Sriwijaya Air Flight 182, was at 2:40 p.m. local time. The plane flew to the city of Pontianak on the island of Borneo. According to the Ministry of Transport, there were 62 people on board. Four minutes after taking off in heavy rain in the monsoon season, the 26-year-old aircraft lost more than 10,000 feet of altitude in less than 60 seconds after a delay in bad weather, according to Flightradar24, the flight tracking service.

The Indonesian National Search and Rescue Agency said it found debris in waters northwest of Jakarta that it believed could have come from the wreckage of the aircraft, but that darkness and bad weather hampered the search. The area where the debris was found is known as the Thousand Islands.

“Tomorrow we will investigate the place,” said Soerjanto Tjahjono, the head of the National Road Safety Committee in Indonesia, on Saturday evening, clouding hopes that survivors could be found.

Boeing confirmed the crash on Saturday and said on Twitter: “Our thoughts are with the crew, passengers and their families. We are in contact with our airline customers and are ready to support them in these difficult times. “

The aviation sector in Indonesia, a developing country with thousands of inhabited islands, has been plagued by crashes and security vulnerabilities for years. As Indonesian airlines, especially low-cost airlines, have grown rapidly to cover a vast archipelago, the domestic aviation industry has been undermined by poor aircraft maintenance and careless adherence to safety standards.

For years, the leading Indonesian air carriers were banned from flying to the US and Europe by the regulators of these countries. Low cost airlines would go into business only to file for bankruptcy after fatal crashes.

However, Sriwijaya Air, Indonesia’s third largest airline, which opened in 2003, has never suffered a fatal crash.

And the Sriwijaya Air plane, which disappeared from radar screens on Saturday, was part of Boeing’s 737 500 series, which is considered a workhorse model with years of safe flying.

Whatever the cause, the crash comes at a terrible time for Boeing, whose reputation and profits were shattered two years ago by two crashes aboard its 737 Max aircraft.

In 2018, Lion Air Flight 610 crashed into the Java Sea with 189 people on board after the anti-stall system of the 737 Max jetliner malfunctioned. Another 737 Max crashed in Ethiopia in March 2019 after a similar faulty activation of the antistall system.

A total of 346 people died in these crashes that led to the creation of the Max fleet worldwide, sparked criminal investigations, scrutinized governments around the world and resulted in the overthrow of the Boeing CEO. In November, the Federal Aviation Administration became the first major aviation authority to lift its flight ban after requiring software updates, rewiring and retraining of pilots. At the end of December, American Airlines became the first US airline to resume scheduled flights on board the 737 Max.

Boeing estimated last year that grounding would cost more than $ 18 billion. But that was before the coronavirus pandemic brought travel to a standstill and messed up the aviation industry. In 2020, Boeing lost more than 1,000 aircraft orders, mostly for the Max, although there are still more than 4,000 left. The share price has fallen by about a third compared to two years ago.

On Thursday, the company announced it would pay more than $ 2.5 billion in an agreement with the Justice Department related to the antistall software used in the 737 Max. This includes $ 500 million for the families of those killed in the accidents and $ 1.77 billion in compensation for customers. In a statement announcing the deal, a senior Justice Department official accused Boeing staff of “choosing the path of gain over openness by hiding essential information from the FAA”.

Whistleblowers have accused Indonesian transportation officials of ignoring danger signs as domestic airlines, including Lion Air, expanded rapidly to cater to a growing middle class in a nation of 270 million people.

The Lion Air Group, which belongs to Indonesia’s largest airline, signed the two largest air transport agreements in history at the time, one with Boeing and one with Airbus. Boeing had targeted airlines in developing countries like Lion Air with its 737 Max model. eager to pack their fleets with new jets designed for short money-making.

However, aviation experts warned that selling aircraft to airlines, which are growing rapidly in unregulated environments, could be a recipe for disaster.

Jefferson Irwin Jauwena, the executive director of Sriwijaya Air, said Saturday night that they are “very concerned about this incident”.

“We hope your prayers will help the search process go well and smoothly,” he added. “We will also offer the families the best possible help.”

Rapin Akbar, the uncle of Rizki Wahyudi, one of the passengers on Flight 182, said his nephew called him on Saturday to tell him the flight from Jakarta to Pontianak was delayed. Mr Rapin reminded his nephew, a national park employee, to keep his face mask at the airport to avoid contracting the coronavirus. Mr. Rizki’s wife, child, mother and cousin were also on the plane.

While waiting for search and rescue boats to report, Mr Rapin said he was hoping for his family members. “There will be a miracle from Allah,” he said.

Indonesian aviation analysts said this crash could jeopardize the viability of Sriwijaya Air, especially as the coronavirus has emptied the Indonesian skies of many planes.

“Sriwijaya is trying hard to survive and the pandemic is making it harder,” said Gerry Soejatman, an Indonesian aviation expert. “This crash could mean the end.”

Indonesian pilots have also complained that the coronavirus has reduced their opportunities to practice their skills and brush up on their training. At one point during the pandemic, Sriwijaya only operated five planes, Soejatman said, which lowered crew morale.

At the Indonesian National Road Safety Committee, investigators were preparing for the very familiar task of finding out what went wrong in the country’s skies.

“Whenever we hear this kind of news, we get ready,” said Ony Suryo Wibowo, a committee investigator, on Saturday. “We collect all the information we can get.”

Niraj Chokshi contributed to the coverage from New York.

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The President of the European Central Bank, Christine Lagarde, speaks at a press conference following the institute’s latest monetary policy decision.

The euro area central bank expanded its massive monetary stimulus program on Thursday by a further 500 billion euros (605 billion US dollars) as a second wave of lockdown measures weighs on the euro area’s economic recovery.

Markets had largely expected the central bank to step up its bond buying. As early as October, the ECB promised to “recalibrate” its instruments in December, as coronavirus cases are on the rise again across the continent.

So far, the ECB has refrained from being too optimistic about introducing vaccine candidates, as vaccinations are expected to start in the EU early next year.

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