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Monday, March 30, 2020

Daily Digest 3/30 – Mortgage Firms Brace for Wave of Missed Payments, Coronavirus Spread Accelerates In U.S. Jails And Prisons


Economy

How To Tell If We’re Beating COVID-19 (Ben)

This video is a collaboration with Aatish Bhatia about how to see the COVID-19 tipping point – we present a better way to graph COVID-19 coronavirus cases using a logarithmic scale in “phase space” – plotting the growth rate against the cumulative cases, rather than either of these against time.

Coronavirus cases in California ICUs double overnight as manufacturers race to fill shortages (Sparky1)

Newsom said the state needs 10,000 ventilators quickly to treat a surge in COVID-19 patients who need assistance breathing. He said the state has identified 4,250 machines and is working to find more.

‘It’s no different from New York’: Urban centers nationwide gird for catastrophic virus outbreak (Sparky1)

While it ravages New York and metastasizes throughout much of the Northeast, the coronavirus is also quickly bearing down on new hot spots, sending doctors and first responders scrambling to prepare for the onslaught.

Spread of coronavirus accelerates in U.S. jails and prisons (Sparky1)

Across the United States, jails and prisons are reporting an accelerating spread of the new disease, and they are taking a varied approach to protecting the inmates in their charge. Thousands of inmates are being released from detention, in some cases with little or no medical screening to determine if they may be infected by the coronavirus and at risk of spreading it into the community, Reuters found.

Prisoner serving time for drug charge is first U.S. inmate to die from COVID-19 (Sparky1)

A total of 14 inmates and 13 staff in federal prisons across the United States have fallen ill with the virus, according to the BOP’s website. Jones was serving his prison sentence at a low security facility in Oakdale, Louisiana, and first developed symptoms on March 19, the BOP said.

Fact check: Could your December cough actually have been coronavirus? Experts say more research is needed (Martin F.)

Bonnie Powell, of Waynesboro, Georgia, copied the status and received more than 230 shares. She said the post reflects her opinion, not necessarily scientific proof. But she said she had heard from friends about sickness at the end of last year, which makes her suspicious.

FDA authorizes 15-minute coronavirus test (Sparky1)

The US Food and Drug Administration authorized the test for emergency use, signaling that federal regulators were satisfied with the test’s validation data and believe its benefits outweigh any risks, such as false positives or negatives.

The nasty curve shows: The death rate is rising faster in Sweden than in Italy (schwedischdemokratischrepublik)

“Anders Tegnell said yesterday that” Sweden follows a more flat curve than other countries. “” What does he mean? This is what the death rate trend looks like for Sweden, Italy and Spain. We follow a pace of development faster than Italy, “Nauclér writes on Twitter. She continues:

“[The curves] all start at index number 10 dead (y axis). Sweden’s curve goes by date, while Italy and Spain’s data are entered based on the same starting values. This is so that we can assess the rate of development of the epidemic. Just worse than Italy.”

Robert Gehrke: Utah’s official number of coronavirus cases doesn’t count these people (Nathan)

As of Friday morning, the Salt Lake County Health Department had identified more than 70 of these “presumed positive” cases, in addition to the tested cases, according to Nick Rupp, spokesman for the department. At the time, there were 202 lab-confirmed cases. That number has since climbed to 279.

Mortgage Firms Brace for Wave of Missed Payments (Sparky1)

The mortgage firms are on the hook to continue paying principal and interest on the mortgages they service even if homeowners are in arrears. They are lobbying Congress and the Trump administration to establish a lending facility to help finance the billions of dollars of payments they will be obligated to make.

Debt Collection Industry Deems Itself Essential To “Financial Health” Of Consumers, Fights COVID-19 Shutdown (Sparky1)

The momentum has reached the federal government. The Education Department is suspending collections on federal student loans and urging private collection agencies to stop pursuing borrowers. Sen. Sherrod Brown, D-Ohio, has sponsored legislation that prevents debt collectors from engaging in a variety of practices, such as disconnecting utility services or garnishing wages, until 120 days after a major disaster or emergency such as the current coronavirus crisis.

Pneumagen Ltd Leverages its Novel Glycan Approach to Target Coronavirus (COVID-19) Infections (Dialucrii)

Pneumagen’s lead mCBM, Neumifil™, is already being developed for the universal treatment of respiratory tract infections (RTIs) including Influenza Virus (IFV) and Respiratory Syncytial Virus (RSV), and now coronaviruses including COVID-19. Neumifil’s novel mechanism of action, masking glycan receptors in patients’ airways and thereby preventing the entry of the virus, has the potential to revolutionise the treatment of RTIs by providing clinicians with the opportunity to offer patients total protection against all viral strains, thus overcoming current vaccine limitations caused by viruses mutating and allowing the treatment to be stockpiled in advance for pandemic use.

Estimates Show Wuhan Death Toll Far Higher Than Official Figure (Marc D.)

Social media users have been doing some basic math to figure out their daily capacity, while the news website Caixin.com reported that 5,000 urns had been delivered by a supplier to the Hankou Funeral Home in one day alone — double the official number of deaths.

Some social media posts have estimated that all seven funeral homes in Wuhan are handing out 3,500 urns every day in total.

Mystery In Wuhan: Recovered Coronavirus Patients Test Negative … Then Positive (Nicole W.)

From March 18-22, the Chinese city of Wuhan reported no new cases of the virus through domestic transmission — that is, infection passed on from one person to another. The achievement was seen as a turning point in efforts to contain the virus, which has infected more than 80,000 people in China. Wuhan was particularly hard-hit, with more than half of all confirmed cases in the country.

Officials warn Africa is at ‘break the glass’ moment (Sparky1)

Moody’s on the weekend cut South Africa’s debt rating to junk, ending the investment-credit rating it had had for 25 years. Tito Mboweni, South Africa’s finance minister, said: “To say we are not concerned and trembling in our boots about what might be in the coming weeks and months is an understatement.”

Strange days indeed: On Friday morning, South Africa will wake up to a different reality (Sparky1)

For most people, there will still be children, bright-eyed and bushy-tailed, ready for the day in the confines of their home. It won’t matter much on Friday, but fast-forward a week, and the small area might well start to feel even smaller. Young children like outings, even to next-door. It gives their days a purpose, and a reason to be tired later. With that absent, parenting could be a real chore.

Rhode Island door knocks in search of fleeing New Yorkers (Sparky1)

“I want to be crystal clear about this: If you’re coming to Rhode Island from New York you are ordered into quarantine. The reason for that is because more than half of the cases of coronavirus in America are in New York,” Raimondo said, adding that it’s not meant to be discriminatory.

New York Gov. Andrew Cuomo called the order “reactionary” and unconstitutional, saying he’d sue Rhode Island if the policy isn’t rescinded but believed they could “work it out.”

Baby who tested positive for COVID-19 dies (Sparky1)

The 13 deaths announced today bring the total number of coronavirus-related fatalities to 47. More than 25,000 people have been tested, and 3,491 have tested positive, an increase of 465 people from yesterday.

Twelve people have died in Chicago. An additional 16 have died in suburban Cook County.

U.S. mayors say they’re running out of supplies to fight coronavirus (Sparky1)

The non-partisan organization of mayors of cities with populations of at least 30,000 reinforced its call earlier this week for additional federal funding with what it called a “very brief, rapid-turnaround survey of cities, sent to mayors late Friday, March 20, with a Tuesday, March 24 response deadline, intended to document the magnitude of the need for vital protective equipment and supplies.” Responses to the survey were received from 213 cities across 41 states and Puerto Rico, representing the home cities of 42 million people.

Jeff Bezos sold $3.4bn of Amazon stock just before Covid-19 collapse (Sparky1)

Bezos, 56, benefited this week from the best three-day stock market rally since 1933 helping Amazon’s share price to recover almost all of its losses this month to trade at about $1,920, though that was slightly down on their peak of $2,170 in February. Bezos owns about 12% of Amazon’s shares.

How Decades of Offshoring Led to a Mask Shortage in a Pandemic (Sparky1)

China’s vast, cheap labor pool and canny government incentives have fostered an extensive ecosystem of manufacturers, suppliers, and workers that is the default place to make everything from disposable face masks to $1,000 smartphones. American consumers have benefited as essentials such as kitchenware and more complex goods like TVs and computers have gotten cheaper. Covid-19 has created a natural experiment in how well the US can manage when demand spikes and China’s rich overseas supply chains are choked or cut off.

Information and FAQs on Performance, Protection, and Sterilization of Masks Against COVID-19 (Johnnymo)

Sterilization using radioactive such as gamma rays has the potential to decompose the PP materials, using alcohol will erase the charges. However, charges are retained by exposing the masks in the hot air at elevated temperatures such as 70C for 30 minutes, which kills the coronavirus according to a report. But be sure to suspend the masks in the hot air without contacting or being too close to a metal surface because the metal temperature is much higher than that of the hot air leading to a severe charge decay or to the damage of the masks.

New Zealand: Personal Protective Equipment (PPE) requirement for essential non-health workers – COVID-19 (Andrew R.)

Basic hygiene measures for everyone include; physical distancing, good hand hygiene, cough etiquette, regular cleaning of surfaces and frequently touched items, avoid touching face, eyes, mouth and nose.

The Flying Dutchman (Robert W.)

Starting March 22, all passengers were confined to their cabins to reduce the risk of infection. Room service fed them, the steward leaving a tray at the door and knocking before moving on; the tray to be left outside when finished. Housekeeping followed the same pattern: a bag of fresh towels and linens left at the door, soiled towels and linens put in the same bag and left out. The seriously ill went to the ship’s infirmary.

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