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Coronavirus, Financial Markets, Emmanuel Macron: Your Wednesday Briefing | Coronavirus, Financial Markets, Emmanuel Macron: Your Wednesday Briefing |
(7 months later) | |
(Want to get this briefing by email? Here’s the sign-up.) | (Want to get this briefing by email? Here’s the sign-up.) |
A Canary Islands hotel is on lockdown. Italy deployed its army to the “red area.” Cases of the coronavirus linked to the Lombardy region have spread to Spain, France, Austria, Croatia and Switzerland. | A Canary Islands hotel is on lockdown. Italy deployed its army to the “red area.” Cases of the coronavirus linked to the Lombardy region have spread to Spain, France, Austria, Croatia and Switzerland. |
In just days, a virus that had been mostly contained to countries surrounding its center in Wuhan, China, went global. European health ministers met on Tuesday to work on a collective strategy, as the rapid spread underscored just how difficult it will be to control the virus. | In just days, a virus that had been mostly contained to countries surrounding its center in Wuhan, China, went global. European health ministers met on Tuesday to work on a collective strategy, as the rapid spread underscored just how difficult it will be to control the virus. |
Outside of Asia, Italy has had the worst outbreak, and its industrial heartland has been hit hard. This has heightened fears about disruptions to the global supply chain and risks of economic damage across the Continent. | Outside of Asia, Italy has had the worst outbreak, and its industrial heartland has been hit hard. This has heightened fears about disruptions to the global supply chain and risks of economic damage across the Continent. |
Countries with commercial ties to Italy, like France, Croatia and the United States, are canceling study-abroad programs, changing train service and installing checkpoints. Places with weaker infrastructure are scrambling to do what they can — Budapest’s airport, for example, is installing thermal cameras. | Countries with commercial ties to Italy, like France, Croatia and the United States, are canceling study-abroad programs, changing train service and installing checkpoints. Places with weaker infrastructure are scrambling to do what they can — Budapest’s airport, for example, is installing thermal cameras. |
Here are the latest updates on the virus and maps of where it has spread. | Here are the latest updates on the virus and maps of where it has spread. |
Details: Italy reported 322 infections through Tuesday, up from 229 a day earlier, and the death toll rose to 10. | Details: Italy reported 322 infections through Tuesday, up from 229 a day earlier, and the death toll rose to 10. |
Go deeper: We spoke to Jason Horowitz, our Rome bureau chief, about the spread of the virus in Europe. See what he said in today’s Back Story. | Go deeper: We spoke to Jason Horowitz, our Rome bureau chief, about the spread of the virus in Europe. See what he said in today’s Back Story. |
The top U.S. health official warned that the coronavirus outbreak, which has already sickened nearly 80,000 people in 37 countries, could hit the country hard, as chaos in the rest of the world drew attention to the need for a global game plan. | The top U.S. health official warned that the coronavirus outbreak, which has already sickened nearly 80,000 people in 37 countries, could hit the country hard, as chaos in the rest of the world drew attention to the need for a global game plan. |
“We cannot hermetically seal off the United States to a virus,” the official, Alex Azar, said. “And we need to be realistic about that.” | “We cannot hermetically seal off the United States to a virus,” the official, Alex Azar, said. “And we need to be realistic about that.” |
The emergence of Italy, Iran and South Korea as new hubs for the virus shifted the focus in many countries from prevention to reaction. A 14-day isolation period has become standard, but that can be difficult to put in place, and its effectiveness has been called into question. | The emergence of Italy, Iran and South Korea as new hubs for the virus shifted the focus in many countries from prevention to reaction. A 14-day isolation period has become standard, but that can be difficult to put in place, and its effectiveness has been called into question. |
Markets: Stocks dropped again on Tuesday, as the outbreak, now in its sixth week, rattled investors who fear that the spread of the virus will push down global demand. | Markets: Stocks dropped again on Tuesday, as the outbreak, now in its sixth week, rattled investors who fear that the spread of the virus will push down global demand. |
Related: Cases in at least eight countries have been traced to Iran, which is emerging as a second focal point after China for the spread of the infection. Even its top health official in charge of fighting the outbreak tested positive. | Related: Cases in at least eight countries have been traced to Iran, which is emerging as a second focal point after China for the spread of the infection. Even its top health official in charge of fighting the outbreak tested positive. |
President Emmanuel Macron has had a deeper effect on France’s economy, society and politics than any other recent leader. And many in France hate him for it. | President Emmanuel Macron has had a deeper effect on France’s economy, society and politics than any other recent leader. And many in France hate him for it. |
Nearly three years into his presidency, Mr. Macron is deeply unpopular and has governed against a backdrop of constant turmoil, even as his policies have begun to have an impact. France’s unemployment rate, for instance, reached its lowest rate in 12 years, at 8.1 percent. | Nearly three years into his presidency, Mr. Macron is deeply unpopular and has governed against a backdrop of constant turmoil, even as his policies have begun to have an impact. France’s unemployment rate, for instance, reached its lowest rate in 12 years, at 8.1 percent. |
The latest: Mr. Macron is poised to pass a plan that would drastically overhaul France’s generous but convoluted pension system, and it could become law by summer. The plan, which one opponent in Parliament decried as “reactionary,” has already provoked the longest transportation strike in French history. | The latest: Mr. Macron is poised to pass a plan that would drastically overhaul France’s generous but convoluted pension system, and it could become law by summer. The plan, which one opponent in Parliament decried as “reactionary,” has already provoked the longest transportation strike in French history. |
“He’s got contempt for ordinary people, the working class,” said one demonstrator. | “He’s got contempt for ordinary people, the working class,” said one demonstrator. |
As China deals with the vicious epidemic that has sickened nearly 80,000 people and killed more than 2,600, pregnant women say that navigating the country’s already overburdened health care system is lonely and terrifying. | As China deals with the vicious epidemic that has sickened nearly 80,000 people and killed more than 2,600, pregnant women say that navigating the country’s already overburdened health care system is lonely and terrifying. |
Getting access to basic prenatal care is harder, and fear of contracting the virus runs high. “There were 100 times a day that I felt like crying,” said one woman who gave birth in an understaffed hospital in Beijing. Vigor Liu, above, who is five months pregnant with her first child, said “I don’t feel at ease.” | Getting access to basic prenatal care is harder, and fear of contracting the virus runs high. “There were 100 times a day that I felt like crying,” said one woman who gave birth in an understaffed hospital in Beijing. Vigor Liu, above, who is five months pregnant with her first child, said “I don’t feel at ease.” |
Trump and Modi: President Trump reported progress, but no breakthrough, on trade talks with Prime Minister Narendra Modi of India. But he also broke from the mutually sunny tone of the visit to complain that high tariffs on American goods were unfair. | Trump and Modi: President Trump reported progress, but no breakthrough, on trade talks with Prime Minister Narendra Modi of India. But he also broke from the mutually sunny tone of the visit to complain that high tariffs on American goods were unfair. |
New Delhi: Gangs of Hindus and Muslims have been battling since Sunday, killing at least 11 people. The violence is related to the ongoing protests over India’s divisive citizenship law, which favors every South Asian faith other than Islam. | New Delhi: Gangs of Hindus and Muslims have been battling since Sunday, killing at least 11 people. The violence is related to the ongoing protests over India’s divisive citizenship law, which favors every South Asian faith other than Islam. |
Egypt: Hosni Mubarak, the former autocratic president who ruled the country for three decades before he was deposed in 2011 amid the Arab Spring protests, died on Tuesday at 91. | Egypt: Hosni Mubarak, the former autocratic president who ruled the country for three decades before he was deposed in 2011 amid the Arab Spring protests, died on Tuesday at 91. |
Snapshot: Above, the Los Angeles memorial service on Monday for Kobe Bryant and his daughter Gianna, who were killed along with seven others in a helicopter crash last month. Along with performances from superstars, the event featured several heart-rending moments. | Snapshot: Above, the Los Angeles memorial service on Monday for Kobe Bryant and his daughter Gianna, who were killed along with seven others in a helicopter crash last month. Along with performances from superstars, the event featured several heart-rending moments. |
What we’re reading: This essay in Bloomberg News about one editor’s personal struggle with his father’s former prison mate, Bernie Madoff, who has asked to be released so he can die at home. It poses a tough ethical question: Can you support an idea in the abstract, even if the specifics deeply upset you? | What we’re reading: This essay in Bloomberg News about one editor’s personal struggle with his father’s former prison mate, Bernie Madoff, who has asked to be released so he can die at home. It poses a tough ethical question: Can you support an idea in the abstract, even if the specifics deeply upset you? |
Cook: Pasta with chicken and pine nuts is a nourishing midweek meal. | Cook: Pasta with chicken and pine nuts is a nourishing midweek meal. |
Read: In “Every Drop of Blood,” Edward Achorn addresses sweeping issues about the Civil War, and the precarious state of America in 1865, through the narrow lens of the 24 hours around Abraham Lincoln’s second inaugural address. | Read: In “Every Drop of Blood,” Edward Achorn addresses sweeping issues about the Civil War, and the precarious state of America in 1865, through the narrow lens of the 24 hours around Abraham Lincoln’s second inaugural address. |
Listen: Justin Bieber has a new album, and he’s the subject of the latest Popcast. | Listen: Justin Bieber has a new album, and he’s the subject of the latest Popcast. |
Smarter Living: Staring down an endless selection of wine, either on a menu or on a shelf, can be a dreadful experience. Here are a few helpful tips to simplify the process. | Smarter Living: Staring down an endless selection of wine, either on a menu or on a shelf, can be a dreadful experience. Here are a few helpful tips to simplify the process. |
Jason Horowitz, our Rome bureau chief, has been reporting from Milan on the stunning spike in Italy’s coronavirus cases, and what it could mean for the rest of Europe. Melina Delkic, one of our briefings writers, chatted with Jason on Tuesday to learn more. | Jason Horowitz, our Rome bureau chief, has been reporting from Milan on the stunning spike in Italy’s coronavirus cases, and what it could mean for the rest of Europe. Melina Delkic, one of our briefings writers, chatted with Jason on Tuesday to learn more. |
What’s the feeling right now in the streets of Milan? | What’s the feeling right now in the streets of Milan? |
It’s this eerie sort of feeling. Milan is an extremely energetic, buzzing town. It’s the creative center of Italy, the economic center of Italy, the cultural center of Italy, I’d argue. It’s like somebody has let the air out of there. | It’s this eerie sort of feeling. Milan is an extremely energetic, buzzing town. It’s the creative center of Italy, the economic center of Italy, the cultural center of Italy, I’d argue. It’s like somebody has let the air out of there. |
But nobody is wearing masks — when I have my mask on, they look at me like I’m out of my mind. They look at masks as showing mass hysteria. | But nobody is wearing masks — when I have my mask on, they look at me like I’m out of my mind. They look at masks as showing mass hysteria. |
Is the virus making this reporting harder? | Is the virus making this reporting harder? |
The place that’s most affected is under quarantine, and the police stop you on the road and tell you that you can’t go places. People are freaked out and don’t want to talk about it a little bit. But also, it’s important not to be foolhardy and go places that put you and your colleagues in danger. | The place that’s most affected is under quarantine, and the police stop you on the road and tell you that you can’t go places. People are freaked out and don’t want to talk about it a little bit. But also, it’s important not to be foolhardy and go places that put you and your colleagues in danger. |
How are public officials handling it? | How are public officials handling it? |
There’s total confusion about the guidelines. There’s confusion between the government in Rome and the local government in Lombardy, the state in which Milan and most of the closed-down towns are. | There’s total confusion about the guidelines. There’s confusion between the government in Rome and the local government in Lombardy, the state in which Milan and most of the closed-down towns are. |
What the head of the region said today was, basically: Do those places that don’t have cases really have no cases, or are they just not testing? Their view of it is that they have a ton of cases because they’ve done a ton of testing, and they’re being whacked for it. But on the other hand, they also have a lot of people who have it. | What the head of the region said today was, basically: Do those places that don’t have cases really have no cases, or are they just not testing? Their view of it is that they have a ton of cases because they’ve done a ton of testing, and they’re being whacked for it. But on the other hand, they also have a lot of people who have it. |
What are you watching for next? | What are you watching for next? |
We’re watching for whether people from Lombardy are being turned away from other countries now when they arrive — as well as people from Lombardy spreading when they go to other countries. | We’re watching for whether people from Lombardy are being turned away from other countries now when they arrive — as well as people from Lombardy spreading when they go to other countries. |
This is a wealthy region with people on the move. This is the economic engine of Italy; they’re not going to stay put, unless they’re told to. | This is a wealthy region with people on the move. This is the economic engine of Italy; they’re not going to stay put, unless they’re told to. |
Thank you | Thank you |
Melina Delkic contributed to today’s briefing and wrote the Back Story. Mark Josephson and Eleanor Stanford wrote the break from the news. You can reach the team at briefing@nytimes.com. | Melina Delkic contributed to today’s briefing and wrote the Back Story. Mark Josephson and Eleanor Stanford wrote the break from the news. You can reach the team at briefing@nytimes.com. |
P.S. | P.S. |
• We’re listening to “The Daily.” Our latest episode is about the verdict in the sexual assault trial of Harvey Weinstein, the former Hollywood producer. | • We’re listening to “The Daily.” Our latest episode is about the verdict in the sexual assault trial of Harvey Weinstein, the former Hollywood producer. |
• Here’s our Mini Crossword, and a clue: Longtime partner of Ernie (four letters). You can find all our puzzles here. | • Here’s our Mini Crossword, and a clue: Longtime partner of Ernie (four letters). You can find all our puzzles here. |
• Erin Schaff and Doug Mills, staff photographers for The Times, won multiple awards from the White House News Photographers Association for their work. | • Erin Schaff and Doug Mills, staff photographers for The Times, won multiple awards from the White House News Photographers Association for their work. |