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Coronavirus Live Updates: The Virus Reaches Into Halls of Power Around the World Coronavirus Live Updates: U.S. Moves to Speed Testing as Fight Against Virus Intensifies
(32 minutes later)
新冠病毒疫情最新消息新冠病毒疫情最新消息
The Trump administration moved on Friday to dramatically speed up coronavirus screening, introducing an emergency hotline for private laboratories and new partnerships with companies developing tests that can detect the virus within an hour.
The unit within the Department of Health and Human Services that does biomedical research will award over a million dollars to two companies, DiaSorin Molecular and Qiagen, to speed up the development of the tests, the department announced on Friday morning.
The Food and Drug Administration said on Friday that a 24-hour emergency hotline would be created to help private-sector and academic labs authorize new tests and process the ones deployed.
Health and Human Services also made drastic changes to the team overseeing the distribution of tests to public and private labs, installing Adm. Brett Giroir, the assistant secretary for the agency, to oversee the efforts.
Dr. Robert R. Redfield, the director of the Centers for Disease Control and Prevention, and Dr. Stephen Hahn, the F.D.A. commissioner, now must report to Adm. Giroir, said Alex M. Azar II, the health and human services secretary.
The move was another indication of tension among top health officials as the Trump administration has struggled to catch up with the demand nationally at public health labs.
Stocks rebounded on Friday from their worst day in more than 30 years, a rally pinned partly to signs of movement in Washington and a declaration by leaders in Germany, which has Europe’s biggest economy, to spend whatever it would take to support businesses there.
The S&P 500 jumped 5 percent at the start of trading in New York.
The buying also swept through markets in Europe, with major indexes rising as much as 10 percent. Oil prices, which have collapsed in recent weeks, rose 7 percent and yields on U.S. government bonds rose.
All of those moves were signals that investors felt a touch better about the outlook for the economy than they did a day ago.
But financial markets have been nothing if not inconsistent for the past three weeks, plunging, and then rising, and then plunging again, as each day brought new measures to try to contain the outbreak and new worries that the economy, workers and businesses would take a hit as a result of them.
On Thursday, stocks on Wall Street and in Europe plunged in their biggest daily drop since the stock market crashed in 1987, as President Trump’s ban on entry from most European countries to the United States disappointed investors who had been waiting for Washington to take stronger steps to bolster the economy.
But late Thursday, Nancy Pelosi, the speaker of the House, said that she and Treasury Secretary Steven Mnuchin had “resolved most of our differences” on a package of economic aid for workers and companies, pledging a vote in the House of Representatives on Friday.
Adding to the positive news for markets, Germany’s government said on Friday that it would not put any limit on fiscal stimulus, and that it would take on debt if needed to bolster its economy.
President Trump said he had not been tested for the coronavirus despite coming into contact with a person who only days later tested positive. Prime Minister Justin Trudeau of Canada is self-isolating after his wife tested positive. The leader of Brazil, Jair Bolsonaro, is awaiting results of his own test after an aide fell ill. And the Australian minister for home affairs, Peter Dutton, tested positive on Friday, days after meeting with Attorney General William P. Barr and Ivanka Trump.President Trump said he had not been tested for the coronavirus despite coming into contact with a person who only days later tested positive. Prime Minister Justin Trudeau of Canada is self-isolating after his wife tested positive. The leader of Brazil, Jair Bolsonaro, is awaiting results of his own test after an aide fell ill. And the Australian minister for home affairs, Peter Dutton, tested positive on Friday, days after meeting with Attorney General William P. Barr and Ivanka Trump.
The reach of the virus into the world’s highest political reaches was a stark reminder — if one was needed — that the pathogen knows no limits and that no corner of daily life was immune.The reach of the virus into the world’s highest political reaches was a stark reminder — if one was needed — that the pathogen knows no limits and that no corner of daily life was immune.
Three weeks ago, Wall Street was trading at record highs. On Thursday, traders suffered their worst losses in decades. On Friday, however, U.S. futures surged and European indexes traded higher, further evidence of the virus’s whipsaw effect on the markets.Three weeks ago, Wall Street was trading at record highs. On Thursday, traders suffered their worst losses in decades. On Friday, however, U.S. futures surged and European indexes traded higher, further evidence of the virus’s whipsaw effect on the markets.
An avalanche of cancellations and closings gathered speed. In the United States, Broadway has gone dark and Disney parks are shutting their doors for the first time since the Sept. 11, 2001, attacks. Nearly every sport has been affected, including soccer, with the English Premier League the latest to announce suspension of play.An avalanche of cancellations and closings gathered speed. In the United States, Broadway has gone dark and Disney parks are shutting their doors for the first time since the Sept. 11, 2001, attacks. Nearly every sport has been affected, including soccer, with the English Premier League the latest to announce suspension of play.
Even Mount Everest was closed to climbers on Friday.Even Mount Everest was closed to climbers on Friday.
In Italy, daily life has ground to a halt. More than 1,000 people have died there and many doctors are facing a choice unthinkable only days ago: who lives and who dies.In Italy, daily life has ground to a halt. More than 1,000 people have died there and many doctors are facing a choice unthinkable only days ago: who lives and who dies.
With the exponential growth of the virus, European countries rolled out a broad array of restrictions. In Spain, which now has around 4,000 cases, the government ordered its first mandatory lockdowns, affecting about 70,000 people in four towns in Catalonia. Belgium on Friday joined the list of nations closing schools. Cafes and restaurants were also ordered to shut their doors at midnight.With the exponential growth of the virus, European countries rolled out a broad array of restrictions. In Spain, which now has around 4,000 cases, the government ordered its first mandatory lockdowns, affecting about 70,000 people in four towns in Catalonia. Belgium on Friday joined the list of nations closing schools. Cafes and restaurants were also ordered to shut their doors at midnight.
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In Britain, the government has so far resisted taking extreme measures. Shops, schools and pubs were open. Mass gatherings have not yet been banned. More stringent measures were being held in reserve.In Britain, the government has so far resisted taking extreme measures. Shops, schools and pubs were open. Mass gatherings have not yet been banned. More stringent measures were being held in reserve.
In the United States, where at least six states have now closed all schools for millions of students, persistent delays in testing for the virus have left public health officials without a clear picture of the crisis. And there was growing concern that the health care system was not ready.In the United States, where at least six states have now closed all schools for millions of students, persistent delays in testing for the virus have left public health officials without a clear picture of the crisis. And there was growing concern that the health care system was not ready.
Australia’s minister for Home Affairs, Peter Dutton, who last week met with Ivanka Trump, President Trump’s daughter and senior adviser, said he had contracted the new coronavirus.Australia’s minister for Home Affairs, Peter Dutton, who last week met with Ivanka Trump, President Trump’s daughter and senior adviser, said he had contracted the new coronavirus.
Mr. Dutton, a hard-line conservative and former police officer who has been relatively quiet in the midst of the outbreak, said on Twitter on Friday that he tested positive for the virus that causes Covid-19.Mr. Dutton, a hard-line conservative and former police officer who has been relatively quiet in the midst of the outbreak, said on Twitter on Friday that he tested positive for the virus that causes Covid-19.
“I feel fine and will provide an update in due course,” he wrote.“I feel fine and will provide an update in due course,” he wrote.
Last week, Mr. Dutton met with Ms. Trump and Attorney General William P. Barr in Washington.Last week, Mr. Dutton met with Ms. Trump and Attorney General William P. Barr in Washington.
Mr. Dutton is the latest in a string of foreign dignitaries who have met with associates of Mr. Trump in recent days, only to later learn they had been infected.Mr. Dutton is the latest in a string of foreign dignitaries who have met with associates of Mr. Trump in recent days, only to later learn they had been infected.
The Australian government announced that starting Monday all events with 500 people or more will effectively be banned. On Thursday, the actor Tom Hanks tested positive for the virus in Australia.The Australian government announced that starting Monday all events with 500 people or more will effectively be banned. On Thursday, the actor Tom Hanks tested positive for the virus in Australia.
The volley of developments suggests Australia may be moving into a more aggressive phase of contagion, even as officials roll out an economic stimulus package and continue to argue that a crisis has not yet arrived.The volley of developments suggests Australia may be moving into a more aggressive phase of contagion, even as officials roll out an economic stimulus package and continue to argue that a crisis has not yet arrived.
Prime Minister Scott Morrison said on Friday that isolation and the tracing of contacts have been shown to slow the spread of the virus. “And that’s why Australia right now is in a position where we have low rates of this virus and the number of cases that have presented. But we’ve always known that the number of cases will rise.”Prime Minister Scott Morrison said on Friday that isolation and the tracing of contacts have been shown to slow the spread of the virus. “And that’s why Australia right now is in a position where we have low rates of this virus and the number of cases that have presented. But we’ve always known that the number of cases will rise.”
The call for large events to be canceled brought an end to the Australia Grand Prix, a Formula One motor race, along with other major cultural and sporting events. The call for large events to be canceled brought an end to the Australia Grand Prix, a Formula One motor race, along with other major cultural and sporting event
At least six states and several large school districts moved on Thursday to close schools for at least two weeks, extreme measures that they hope will stem the spread of the coronavirus, but which come at the cost of upending the daily lives of 6 million schoolchildren and their parents.At least six states and several large school districts moved on Thursday to close schools for at least two weeks, extreme measures that they hope will stem the spread of the coronavirus, but which come at the cost of upending the daily lives of 6 million schoolchildren and their parents.
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All public schools, and many if not all private schools, in Oregon, Ohio, Michigan, Maryland, Kentucky and New Mexico were told to close beginning next week, and the governor of Washington State ordered all schools shut in three counties near Seattle. The Houston Independent School District, the largest school district in Texas, also said it was closing for two weeks.All public schools, and many if not all private schools, in Oregon, Ohio, Michigan, Maryland, Kentucky and New Mexico were told to close beginning next week, and the governor of Washington State ordered all schools shut in three counties near Seattle. The Houston Independent School District, the largest school district in Texas, also said it was closing for two weeks.
The actions came as the number of people who have been infected with the coronavirus in the United States jumped by nearly 400 on Thursday. The virus has been diagnosed in more than 1,650 people in 46 states and has killed at least 41 people, according to a New York Times database. The closings could have a severe effect on parents who will need to find child care, and on the many students who depend on the cafeteria for food and the school for shelter.The actions came as the number of people who have been infected with the coronavirus in the United States jumped by nearly 400 on Thursday. The virus has been diagnosed in more than 1,650 people in 46 states and has killed at least 41 people, according to a New York Times database. The closings could have a severe effect on parents who will need to find child care, and on the many students who depend on the cafeteria for food and the school for shelter.
In Kentucky, for example, 75 percent of public school students are eligible for free or reduced-price meals. In Ohio, there are more than 25,000 students who are defined as homeless.In Kentucky, for example, 75 percent of public school students are eligible for free or reduced-price meals. In Ohio, there are more than 25,000 students who are defined as homeless.
Some of the largest school districts in the country have remained open amid the coronavirus threat. Officials in New York, home to the nation’s largest school district, have said closing its schools would be a last resort. In Los Angeles, the second-largest district, the superintendent said on Thursday night that schools would remain open for the time being, despite the teachers’ union calling on him to close it.Some of the largest school districts in the country have remained open amid the coronavirus threat. Officials in New York, home to the nation’s largest school district, have said closing its schools would be a last resort. In Los Angeles, the second-largest district, the superintendent said on Thursday night that schools would remain open for the time being, despite the teachers’ union calling on him to close it.
Broadway will go dark for at least a month beginning Thursday, after Gov. Andrew M. Cuomo of New York announced restrictions on public gatherings in an extraordinary step to fight the growing outbreak of the coronavirus.
The governor’s decision to limit gatherings of more than 500 people was a blow to the theater industry, a crown jewel of New York City’s tourist trade. Last season, the industry drew 14.8 million patrons and grossed $1.8 billion.
All 41 Broadway theaters have at least 500 seats, and most have more than 1,000.
At a later news conference, Mayor Bill de Blasio declared a state of emergency for New York City, which will empower him to take expedited measures to control the outbreak; he could, for example, implement a curfew, limit traffic to emergency vehicles or suspend certain laws.
Mr. de Blasio said that New Yorkers should prepare themselves for restrictions that could last as long as six months.
Cases in New York State grew to 325, with 95 cases in New York City. Mr. de Blasio suggested that there would be 1,000 positive cases by next week as testing increased.
Sophie Grégoire Trudeau, the wife of Prime Minister Justin Trudeau of Canada, has tested positive for the coronavirus, the prime minister’s office said in a statement on Thursday night.
“She is feeling well, is taking all the recommended precautions and her symptoms remain mild,” the statement said.
Earlier in the day, Mr. Trudeau announced that he, Ms. Grégoire Trudeau and their three children had voluntarily isolated themselves at the prime minister’s residence in Ottawa as they awaited the test result.
Mr. Trudeau continues to perform most of his official duties, although his meetings have become conference calls and he was absent from the House of Commons. He spoke with several world leaders during the day, including President Trump.
On the advice of physicians, Mr. Trudeau will continue to work from home for the next 14 days, the statement said, although he shows no symptoms and physicians are not testing him for the virus.
Mr. Trudeau will make a speech to Canadians about the coronavirus pandemic on Friday following a conference call with the country’s provincial leaders
The Spanish authorities have locked down about 70,000 people in four towns in Catalonia to try to slow the spread of the virus, and Germany, which has Europe’s largest economy, announced that it would make over $600 billion available to help companies there.The Spanish authorities have locked down about 70,000 people in four towns in Catalonia to try to slow the spread of the virus, and Germany, which has Europe’s largest economy, announced that it would make over $600 billion available to help companies there.
The coronavirus caseload in Spain has been nearly doubling every two days, and by Friday morning, there were 3,800 confirmed infections and at least 84 deaths. Madrid alone had nearly 2,000 cases.The coronavirus caseload in Spain has been nearly doubling every two days, and by Friday morning, there were 3,800 confirmed infections and at least 84 deaths. Madrid alone had nearly 2,000 cases.
The government has already closed museums and sports centers, and students nationwide were sent home from school this week.The government has already closed museums and sports centers, and students nationwide were sent home from school this week.
As new infections have risen across the Continent, and daily life has ground to a halt in many places, businesses have been left reeling.As new infections have risen across the Continent, and daily life has ground to a halt in many places, businesses have been left reeling.
Olaf Scholz, the German finance minister, said that the government could take further steps, including taking stakes in companies, if deemed necessary. “We can’t forget the lessons of the previous financial crisis,” Mr. Scholz told reporters in Berlin.Olaf Scholz, the German finance minister, said that the government could take further steps, including taking stakes in companies, if deemed necessary. “We can’t forget the lessons of the previous financial crisis,” Mr. Scholz told reporters in Berlin.
Chancellor Angela Merkel of Germany appealed to citizens to reduce their social contacts “wherever possible,” as the number of infections in her country reached more than 3,000, including a lawmaker in Parliament, with six deaths.Chancellor Angela Merkel of Germany appealed to citizens to reduce their social contacts “wherever possible,” as the number of infections in her country reached more than 3,000, including a lawmaker in Parliament, with six deaths.
“Exceptional situations call for exceptional measures,” Ms. Merkel said on Thursday after meeting with state governors. “This is anything but a little blip in the course of history, it is a break that will challenge all of us,” she added.“Exceptional situations call for exceptional measures,” Ms. Merkel said on Thursday after meeting with state governors. “This is anything but a little blip in the course of history, it is a break that will challenge all of us,” she added.
On Thursday night, President Emmanuel Macron of France announced that all day care centers, schools and universities around the country would close until further notice, starting next week. The closing will affect some 62,000 schools and about 12 million students.On Thursday night, President Emmanuel Macron of France announced that all day care centers, schools and universities around the country would close until further notice, starting next week. The closing will affect some 62,000 schools and about 12 million students.
Today, we look at how the places you interact with daily are ensuring they stay safe while still being able to function, including how gyms should be disinfecting their equipment, new guidance for building managers, and how needed changes may affect workers.Today, we look at how the places you interact with daily are ensuring they stay safe while still being able to function, including how gyms should be disinfecting their equipment, new guidance for building managers, and how needed changes may affect workers.
Sophie Grégoire Trudeau, the wife of Prime Minister Justin Trudeau of Canada, has tested positive for the coronavirus, the prime minister’s office said in a statement on Thursday night.
“She is feeling well, is taking all the recommended precautions and her symptoms remain mild,” the statement said.
Earlier in the day, Mr. Trudeau announced that he, Ms. Grégoire Trudeau and their three children had voluntarily isolated themselves at the prime minister’s residence in Ottawa as they awaited the test result.
Mr. Trudeau continues to perform most of his official duties, although his meetings have become conference calls and he was absent from the House of Commons. He spoke with several world leaders during the day, including President Trump.
On the advice of physicians, Mr. Trudeau will continue to work from home for the next 14 days, the statement said, although he shows no symptoms and physicians are not testing him for the virus.
Mr. Trudeau will make a speech to Canadians about the coronavirus pandemic on Friday following a conference call with the country’s provincial leaders
Broadway will go dark for at least a month beginning Thursday, after Gov. Andrew M. Cuomo of New York announced restrictions on public gatherings in an extraordinary step to fight the growing outbreak of the coronavirus.
The governor’s decision to limit gatherings of more than 500 people was a blow to the theater industry, a crown jewel of New York City’s tourist trade. Last season, the industry drew 14.8 million patrons and grossed $1.8 billion.
All 41 Broadway theaters have at least 500 seats, and most have more than 1,000.
At a later news conference, Mayor Bill de Blasio declared a state of emergency for New York City, which will empower him to take expedited measures to control the outbreak; he could, for example, implement a curfew, limit traffic to emergency vehicles or suspend certain laws.
Mr. de Blasio said that New Yorkers should prepare themselves for restrictions that could last as long as six months.
Cases in New York State grew to 325, with 95 cases in New York City. Mr. de Blasio suggested that there would be 1,000 positive cases by next week as testing increased.
China is pushing a new theory about the origins of the coronavirus: It is an American disease that might have been introduced by members of the United States Army who visited Wuhan in October.China is pushing a new theory about the origins of the coronavirus: It is an American disease that might have been introduced by members of the United States Army who visited Wuhan in October.
There is not a shred of evidence to support that, but the notion received an official endorsement from China’s Ministry of Foreign Affairs, whose spokesman accused American officials of not coming clean about what they know about the disease.There is not a shred of evidence to support that, but the notion received an official endorsement from China’s Ministry of Foreign Affairs, whose spokesman accused American officials of not coming clean about what they know about the disease.
China, under diplomatic pressure for the early missteps in handling the outbreak, has sought to deflect attention from those failings at home and abroad and now turned to a well-worn practice of blaming internal problems on foreign actors.China, under diplomatic pressure for the early missteps in handling the outbreak, has sought to deflect attention from those failings at home and abroad and now turned to a well-worn practice of blaming internal problems on foreign actors.
“The conspiracy theories are a new, low front in what they clearly perceive as a global competition over the narrative of this crisis,” Julian B. Gewirtz, a scholar at the Weatherhead Center for International Affairs at Harvard, said of the Chinese.“The conspiracy theories are a new, low front in what they clearly perceive as a global competition over the narrative of this crisis,” Julian B. Gewirtz, a scholar at the Weatherhead Center for International Affairs at Harvard, said of the Chinese.
In the United States, a number of politicians and media personalities have promoted comparably preposterous conspiracy theories.In the United States, a number of politicians and media personalities have promoted comparably preposterous conspiracy theories.
Speaking on Fox News, Senator Tom Cotton, Republican of Arkansas, raised the possibility that the virus was manufactured by the Chinese government in a high-security biochemical lab in Wuhan. Stephen K. Bannon, President Trump’s former chief strategist and Rush Limbaugh, a conservative radio talk show host, have also pushed this theory, which has been dismissed by scientists.Speaking on Fox News, Senator Tom Cotton, Republican of Arkansas, raised the possibility that the virus was manufactured by the Chinese government in a high-security biochemical lab in Wuhan. Stephen K. Bannon, President Trump’s former chief strategist and Rush Limbaugh, a conservative radio talk show host, have also pushed this theory, which has been dismissed by scientists.
China said on Friday there had been eight new officially confirmed infections from the virus in the past 24 hours, and seven deaths from it. It was its lowest official tally since the country imposed emergency measures in January.China said on Friday there had been eight new officially confirmed infections from the virus in the past 24 hours, and seven deaths from it. It was its lowest official tally since the country imposed emergency measures in January.
The Kremlin has asked that journalists who feel sick steer clear of events with the Russian president, Vladimir V. Putin.The Kremlin has asked that journalists who feel sick steer clear of events with the Russian president, Vladimir V. Putin.
Dmitri S. Peskov, Mr. Putin’s spokesman, said the measure was necessary to protect the president and his staff from the coronavirus.Dmitri S. Peskov, Mr. Putin’s spokesman, said the measure was necessary to protect the president and his staff from the coronavirus.
“If you feel unwell, if you don’t feel 100 percent healthy, please do not come to the Kremlin,” Mr. Peskov told journalists during his regular telephone briefing.“If you feel unwell, if you don’t feel 100 percent healthy, please do not come to the Kremlin,” Mr. Peskov told journalists during his regular telephone briefing.
A Russian lawmaker, who had returned from a recent visit to France, ignored self-isolation rules to attend a parliamentary session on Tuesday where Mr. Putin gave a speech.A Russian lawmaker, who had returned from a recent visit to France, ignored self-isolation rules to attend a parliamentary session on Tuesday where Mr. Putin gave a speech.
Mr. Peskov said he was confident that Mr. Putin had not been in contact with the lawmaker.Mr. Peskov said he was confident that Mr. Putin had not been in contact with the lawmaker.
Russian officials said that they had officially recorded 34 cases of coronavirus in the country with no deaths so far. More than 76,000 tests have been carried out in Russia, officials reported, which they said was many more than in the United States. But some question the reliability of those numbers, even though Russian scientists have a long tradition of expertise in virology.Russian officials said that they had officially recorded 34 cases of coronavirus in the country with no deaths so far. More than 76,000 tests have been carried out in Russia, officials reported, which they said was many more than in the United States. But some question the reliability of those numbers, even though Russian scientists have a long tradition of expertise in virology.
First came a tickle in her throat. Then, a hacking cough. Then, a shortness of breath she had never experienced before. Hillary King, a 32-year-old consultant in Boston, who lives down the street from a hotel where dozens of Biogen executives contracted the new coronavirus, decided she had better get tested.First came a tickle in her throat. Then, a hacking cough. Then, a shortness of breath she had never experienced before. Hillary King, a 32-year-old consultant in Boston, who lives down the street from a hotel where dozens of Biogen executives contracted the new coronavirus, decided she had better get tested.
But getting tested is far easier said than done, even as testing slowly ramps up nationwide. Just days after President Trump announced that anyone who wanted a test could get a test, Ms. King’s experience shows how difficult it can be in the United States to find out if you have the coronavirus. Many who fear they have the virus have faced one roadblock after another as they try to get tested, according to interviews with dozens of people across the country.But getting tested is far easier said than done, even as testing slowly ramps up nationwide. Just days after President Trump announced that anyone who wanted a test could get a test, Ms. King’s experience shows how difficult it can be in the United States to find out if you have the coronavirus. Many who fear they have the virus have faced one roadblock after another as they try to get tested, according to interviews with dozens of people across the country.
Some have been rejected because they had no symptoms, even though they had been in proximity to someone who tested positive. Others were told no because they had not traveled to a hot spot abroad, even though they had fevers and hacking coughs and lived in cities with growing outbreaks. Still others were told a bitter truth: There simply were not enough tests to go around.Some have been rejected because they had no symptoms, even though they had been in proximity to someone who tested positive. Others were told no because they had not traveled to a hot spot abroad, even though they had fevers and hacking coughs and lived in cities with growing outbreaks. Still others were told a bitter truth: There simply were not enough tests to go around.
“The system is not really geared to what we need right now, what you are asking for,” said Dr. Anthony S. Fauci, who leads the National Institute of Allergy and Infectious Diseases, in testimony before the House Committee on Oversight and Reform on Thursday. “It is a failing. I mean, let’s admit it.”“The system is not really geared to what we need right now, what you are asking for,” said Dr. Anthony S. Fauci, who leads the National Institute of Allergy and Infectious Diseases, in testimony before the House Committee on Oversight and Reform on Thursday. “It is a failing. I mean, let’s admit it.”
The inability to test widely in the United States — which is far behind other countries in this regard — has severely hampered efforts to contain the outbreak. An early test rolled out to states by the Centers for Disease Control and Prevention was flawed, and delays have continued ever since. Public health experts have warned that each day people do not know whether they have the virus, they risk spreading it more widely.The inability to test widely in the United States — which is far behind other countries in this regard — has severely hampered efforts to contain the outbreak. An early test rolled out to states by the Centers for Disease Control and Prevention was flawed, and delays have continued ever since. Public health experts have warned that each day people do not know whether they have the virus, they risk spreading it more widely.
After a day of intense negotiations between Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin, Ms. Pelosi told reporters that “we’ve resolved most of our differences” and that the House would vote on Friday on the measure, “one way or another.” It would then go to the Senate, which called off a recess that had been scheduled for next week.After a day of intense negotiations between Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin, Ms. Pelosi told reporters that “we’ve resolved most of our differences” and that the House would vote on Friday on the measure, “one way or another.” It would then go to the Senate, which called off a recess that had been scheduled for next week.
The legislation, Democratic aides said, will include enhanced unemployment benefits, free virus testing and aid for food assistance programs. The package also ensures 14 days of paid sick leave, as well as tax credits to help small and midsize businesses fulfill that mandate.The legislation, Democratic aides said, will include enhanced unemployment benefits, free virus testing and aid for food assistance programs. The package also ensures 14 days of paid sick leave, as well as tax credits to help small and midsize businesses fulfill that mandate.
The fast-moving measure reflects a sense of urgency in Washington to enact a fiscal stimulus in the face of a pandemic that has wreaked havoc on the financial markets.The fast-moving measure reflects a sense of urgency in Washington to enact a fiscal stimulus in the face of a pandemic that has wreaked havoc on the financial markets.
The negotiations hit snags as Republicans balked at the sweeping proposal to provide paid sick leave, something Senate Republicans had already blocked when Democrats sought earlier in the week to bring up a separate bill. Mr. Mnuchin, in a frantic attempt to keep talks on track, spoke by phone at least seven times with Ms. Pelosi, negotiating additional changes to the House legislation so it could have a chance of winning the support of Mr. Trump and Senate Republicans.The negotiations hit snags as Republicans balked at the sweeping proposal to provide paid sick leave, something Senate Republicans had already blocked when Democrats sought earlier in the week to bring up a separate bill. Mr. Mnuchin, in a frantic attempt to keep talks on track, spoke by phone at least seven times with Ms. Pelosi, negotiating additional changes to the House legislation so it could have a chance of winning the support of Mr. Trump and Senate Republicans.
After Wall Street’s worst trading day in more than three decades, U.S. futures surged on Friday and European indexes traded higher, in a sign of returning optimism.
S&P 500 futures jumped over 5 percent, hitting the “limit up” curb, which prevents further price movement until trading begins. Late Thursday, the speaker of the House, Nancy Pelosi, said that she and Treasury Secretary Steven Mnuchin had “resolved most of our differences” on a package of economic aid for workers and companies, pledging a House vote on Friday.
In Europe, the DAX in Frankfurt and the CAC 40 in Paris were up more than 6 percent. The FTSE 100 in London jumped by more than 7 percent.
The price of oil crept up by 7 percent to $35.50 a barrel after getting pummeled in recent days. The yields on the 10-year U.S. Treasury also rose.
The volatility in markets this week reflects the increasing concern that governments and central banks may not be able to meaningfully mitigate the economic fallout from the spreading coronavirus.
On Thursday, Wall Street plunged nearly 10 percent, its biggest daily drop since the stock market crashed in 1987, as President Trump’s ban on the entry from most European countries to the United States disappointed investors who had been waiting for Washington to take stronger steps to bolster the economy.
Asian indexes were hammered on Friday following the U.S. market plunge. Like Wall Street, every major financial market in Asia except for China is now firmly in bear market territory.
The mayor of one town complained that doctors were forced to decide not to treat the very old, leaving them to die. In another town, patients with coronavirus-caused pneumonia were being sent home.The mayor of one town complained that doctors were forced to decide not to treat the very old, leaving them to die. In another town, patients with coronavirus-caused pneumonia were being sent home.
In less than three weeks, the coronavirus has overloaded the heath care system all over northern Italy. It has turned the hard hit Lombardy region into a grim glimpse of what awaits countries if they cannot slow the spread of the virus and “flatten the curve” of new cases — allowing the sick to be treated without swamping the capacity of hospitals.In less than three weeks, the coronavirus has overloaded the heath care system all over northern Italy. It has turned the hard hit Lombardy region into a grim glimpse of what awaits countries if they cannot slow the spread of the virus and “flatten the curve” of new cases — allowing the sick to be treated without swamping the capacity of hospitals.
If not, even hospitals in developed countries with the world’s best health care risk becoming triage wards, forcing ordinary doctors and nurses to make extraordinary decisions about who may live and who may die. Wealthy northern Italy is facing a version of that nightmare already.If not, even hospitals in developed countries with the world’s best health care risk becoming triage wards, forcing ordinary doctors and nurses to make extraordinary decisions about who may live and who may die. Wealthy northern Italy is facing a version of that nightmare already.
“This is a war,” said Massimo Puoti, the head of infectious medicine at the Niguarda hospital in Milan, one of the largest in Lombardy.“This is a war,” said Massimo Puoti, the head of infectious medicine at the Niguarda hospital in Milan, one of the largest in Lombardy.
This week Italy put in place draconian measures — restricting movement and closing all stores except for pharmacies, groceries and other essential services. But they did not come in time to prevent the surge of cases.This week Italy put in place draconian measures — restricting movement and closing all stores except for pharmacies, groceries and other essential services. But they did not come in time to prevent the surge of cases.
As he confronts the most serious crisis of his tenure, President Trump has been assertive in closing borders to outsiders, one of his favorite policies. But within the United States, as the coronavirus spreads from one community to another, he has been more follower than leader, Peter Baker and Maggie Haberman write in their analysis.
Mr. Trump has essentially become a bystander as school superintendents, sports commissioners, college presidents, governors and business owners across the country take it upon themselves to shut down much of American life.
For weeks, he resisted telling Americans to cancel or stay away from large gatherings, reluctant to call off his own campaign rallies even as he grudgingly acknowledged he would probably have to. Instead, it fell to Dr. Anthony S. Fauci, the government’s most famous scientist, to say publicly what the president would not, leading the nation’s sports leagues to suspend play.
Mayors and county executives, hospital executives and factory owners received no further direction from the president on Thursday than they did during his prime-time address to the nation the night before. Beyond travel limits and wash-your-hands reminders, Mr. Trump has left it to others to set the course in combating the pandemic and has indicated he was in no rush to take further action.
Not even Mount Everest, one of the most grueling tests of human conditioning and willpower, is escaping the coronavirus pandemic.
Nepal canceled all expeditions for the spring climbing season and stopped issuing tourist visas because of the virus. And on China’s side of the mountain, several expedition companies said that China had closed one of the two main routes used by climbers, known as the northeast ridge. The pass is the less popular of the two and is in the autonomous region of Tibet.
“It’s a wise decision although some may term it an unpopular move,” said Mira Acharya, the director of Nepal’s Department of Tourism, which issues climbing permits. “Since we are not well equipped to stop the possible outbreak of coronavirus, nothing is more important than saving human lives.”
Reporting was contributed by Melissa Eddy, Aurelien Breeden, Constant Méheut, Elisabetta Povoledo, Ivan Nechepurenko, Raphael Minder, Steven Erlanger, Marc Santora, Megan Specia, Matina Stevis-Gridneff, Steven Lee Myers, Andrew Higgins, Damien Cave, Farah Stockman, Hannah Beech, Heather Murphy, Gillian Wong, Jorge Arangure, Bhadra Sharma, Emily Cochrane, Jeanna Smialek, Jim Tankersley, Nicholas Bogel-Burroughs, Neil Vigdor, Jason Horowitz, Peter Baker, Maggie Haberman and Rick Gladstone.Reporting was contributed by Melissa Eddy, Aurelien Breeden, Constant Méheut, Elisabetta Povoledo, Ivan Nechepurenko, Raphael Minder, Steven Erlanger, Marc Santora, Megan Specia, Matina Stevis-Gridneff, Steven Lee Myers, Andrew Higgins, Damien Cave, Farah Stockman, Hannah Beech, Heather Murphy, Gillian Wong, Jorge Arangure, Bhadra Sharma, Emily Cochrane, Jeanna Smialek, Jim Tankersley, Nicholas Bogel-Burroughs, Neil Vigdor, Jason Horowitz, Peter Baker, Maggie Haberman and Rick Gladstone.