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COVID-19 – U.S. States Ponder May Reopening Plans

Published 04/17/2020, 12:16 AM
Updated 04/17/2020, 12:40 PM
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Investing.com - Several U.S. states are looking to end lockdown orders soon, but New York’s governor stressed Friday that even with such moves to reopen the economy, the pandemic isn’t over.

U.S. states including Florida, Michigan, Wisconsin and Idaho are looking to slowly reopen businesses on May 1, but public health experts are warning that testing capacity is still a major concern, the New York Times reported.

New York Governor Andrew Cuomo said hospitalizations for Covid-19 are down again, but are still around 2,000 a day.

“If people tell you the pandemic is ‘over’ -- they're wrong,” Cuomo tweeted.

The state had 630 deaths from the virus yesterday, up from 606 the day before.

Europe:

Germany A coronavirus contact tracing app will be ready for Germans to download and use on their smartphones in three to four weeks, the country’s Health Minister Jens Spahn said on Friday.

U.K. London Mayor Sadiq Khan called on the British government Friday to make face masks compulsory for people traveling around the capital or shopping to help stop the spread of the virus.

Captain Tom Moore, 99, a British war veteran, has raised more than £17 million ($22 million) for his country’s health service by walking 100 laps of his garden. The retired army captain originally aimed to raise 1,000 pounds by completing his challenge before his 100th birthday on April 30.

Denmark will allow certain small businesses, such as hairdressers, beauty salons and driving schools to reopen on April 20, the government said on Friday, following a lockdown ordered last month to rein in the coronavirus.

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Kazakhstan NASA astronauts Andrew Morgan and Jessica Meir will take an unusual - and more exhausting - route home after safely landing in the Kazakh steppe on Friday, because of lockdowns caused by the novel coronavirus.

The U.S. astronauts will have to endure an additional 300km drive before boarding a NASA aircraft, adding hours of exhausting land travel after 205 days in space, 3,280 orbits of Earth and a trip of 86.9 million miles.

Asia:

China's economy shrank for the first time in almost three decades of records in the first quarter, as gross domestic product fell 6.8% in January-March year-on-year.

This was slightly larger than the 6.5% decline forecast by analysts and reversed a 6% expansion in the fourth quarter of last year.

The contraction is also the first in the world's second-largest economy since at least 1992 when official quarterly GDP records started as the coronavirus paralysed production and spending.

China’s authorities in Wuhan, the city at the epicentre of the coronavirus outbreak, have revised up the number of people killed by 1,290, a rise of 50 per cent, citing reporting issues from the start of the outbreak. The revised death toll is now 3,869.

Japan's exports likely slumped the most in over 3-1/2 years in March as the coronavirus pandemic crushed demand in the United States and Europe, a Reuters poll showed, heightening the chance of recession for the world's third-largest economy.

Hong Kong's Cathay Pacific Airways will close its three cabin crew bases in the United States, the airline said on Friday, laying off 286 staff as the coronavirus pandemic has virtually halted global travel.

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Australia’s Prime Minister Scott Morrison warned that social distancing measures, such as people standing 1.5 meters apart, could be in place for another year.

He said in an interview with radio station 3AW that Australians should “get very used to” the measures, adding that “It could be a year, but I’m not speculating about that.”

Meanwhile, the country is pushing to reopen schools, as medical advice received by the government suggested that children are at lower risk of transmission.

Latest comments

An old article by a rag that even thought more intelligently than many of you- tru reading. They've stolen Everything, including a remedy-https://time.com/5782633/covid-19-drug-remdesivir-china/
What am article. Good BUT it shows the alliance the kinds creepy "Son Of Mario" really is when he blames the president for too many beds? He must be a bit "simple" to try this. He, his fossil-like pals Hoyer, who basically gestures as he belches utterances most of us know false, complete the triangle with Fuzzy Joe.
Gilead news is fake
As baseless as the airy post you leave.
Do you pretend?
On this-https://time.com/5782633/covid-19-drug-remdesivir-china/
I bet stocks will be up tomorrow sill
You guessed right
 Shanghai composite index fell in the afternoon.
You reckon the left the first tidbit about GILD to "play" the market today?
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