The global number of cases of coronavirus causing COVID-19 exceeded 5.5 million on Tuesday, as the World Health Organization warned of the possibility of an immediate “second peak” of infections during the current wave, if countries and local governments relax measures to stem spread too soon
“We cannot make assumptions that, just because the disease is going down now, will continue to go down and we have several months to prepare for a second wave,” said Ryan. “We can get a second peak on this wave.”
His warning comes after Memorial Day festivities in the United States saw crowds gather on the beaches and parks of many states (with notable images emerging from the tourist area of the Ozarks Lake in Missouri), not to observe social distancing measures and other guidelines they publish – health experts say they are still essential to control the spread of the virus.
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The media have reported extensively The cultural wars that are brewing in the USA. United States among those who refuse to comply with safety measures, such as wearing face masks, and even claim that the pandemic is not real, and those who comply with the directives. Social media reflected the split in videos of people in some states who were fighting with store workers when asked to wear a mask, while in other states, store associates refused to allow masked people to enter. .
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President Donald Trump visited Arlington National Cemetery in Virginia and Fort McHenry in Baltimore to commemorate the sacrifice of the soldiers, but did not wear a mask for any of the events.
Former Vice President Joe Biden, the alleged Democratic presidential candidate, He wore a mask during a visit to the Delaware Veterans Memorial and took care to distance himself socially from a group of veterans present.
Biden has promised to follow all the measures recommended by health experts, who have repeatedly warned Americans that reopening too soon would cause unnecessary suffering and death.
Dr. Deborah Birx, coordinator of the White House Coronavirus task force, said she was “very concerned” about the scenes of people thronging this weekend.
“We really want to be clear all the time that social distancing is absolutely critical,” he told ABC “This Week”. “And if you can’t get away from it socially and you’re outside, you should wear a mask.”
Meanwhile, a group of public media companies, including the BBC, Deutsche Welle and CBC Radio-Canada, have announced that they will work to combat “the proliferation, especially on social media, of fake news” about of COVID-19.
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The death toll in the United States is growing closer to 100,000 on Tuesday, according to data added by Johns Hopkins University. The United States has the highest number of deaths in the world with 98,294 and the highest number of cases with 1.67 million.
The number of cases worldwide is 5.53 million and at least 347,085 people have died. At least 2.3 million people have recovered.
Brazil has 374,898 cases and 23,473 deaths after a new peak this weekend. The White House said the travel ban to Brazil will be brought forward at 11.50 p.m. Washington time.
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Russia has 362,342 cases and 3,807 deaths. The UK has 266,590 cases and 37,130 deaths, the highest number of deaths in Europe and the second highest in the world after the United States. The death toll in the UK has in fact exceeded 47,000, according to figures provided by its Office for National Statistics, which include deaths in which the virus was administered as a suspected cause.
Spain has 235,400 cases and 26,834 deaths, while Italy 230,230 cases and 32,877 deaths. France has 183,067 cases and 28,460 deaths, while Germany has 180,802 cases and 8,323 deaths.
Turkey has 157,814 cases and 4,369 deaths, and India, 147,144 cases and 4,197 deaths. Iran has 139,511 cases and 7,508 deaths. Peru has 123,979 cases and 3,629 deaths.
Canada has moved to China by number of cases with 87,122 cases and 6,655 deaths. China, where the disease was first reported at the end of last year, has 84,102 cases and 4,638 deaths.
What are the latest medical news?
The WHO said it is temporarily excluding hydroxychloroquine antimalarial treatment from a global study on possible treatments for COVID-19, while its experts are examining the initial evidence, reported the AP.
The organization’s CEO, Tedros Adhanom Ghebreyesus, said that in light of an article published last week in The Lancet, which found that people taking hydroxychloroquine were at greater risk of death and problems than those who did not. , there would be “a temporary pause” in the hydroxychloroquine arm of their global clinical trial.
“This concern relates to the use of hydroxychloroquine and chloroquine in COVID-19,” said Tedros, adding that the drugs remain, as has been the case for decades, accepted treatments for people with malaria or autoimmune diseases.
Biotech Novavax Inc.
NVAX
announced that it had started treating 131 volunteers with its candidate vaccine COVID-19 in a trial in Australia, the first phase to assess the efficacy and safety of the treatment. Called NVX-CoV2373, the vaccine is one of many that are developed against the virus in its early stages or at the preclinical level.
Dr. Gregory Glenn, head of research at Novavax, said the company was also rapidly implementing manageable doses assuming the vaccine was effective. The company has $ 388 million in funds from the Oslo-based Coalition for innovations in epidemic preparedness.
Separately, Merck & Co.
MRK
He is working on two possible vaccines and an experimental drug therapy for the virus. The company acquires the private company Themis Bioscience in Vienna, which is expanding clinical trials that could start in a few weeks, as reported by the Wall Street Journal, citing Merck chief R&D officer Roger Perlmutter.
Merck’s second coronavirus vaccine effort will take the form of a partnership with the scientific research organization IAVI, whose experimental vaccine uses the same technology as that behind the Merck Ebola Zaire virus vaccine said Perlmutter.
What are companies saying?
The first quarter earnings season ends with just a few quarterly reports on Tuesday. Hibbett Sports Retailer
HI BB
He surprised on the upside by outperforming estimates, although he plunged into a loss amidst store closings.
Advance Auto Parts
PAA
He also beat estimates and said government stimulus checks had been a catalyst, particularly at the end of the quarter.
Elsewhere, companies continued to issue bonds to increase liquidity and offer updates on their reopening plans.
Here are the latest things companies said about COVID-19:
• 1Life Healthcare Inc.
ONEM
A parent of the primary care platform based on One Medical membership, it offers $ 250 million of first-rate convertible tickets due in 2025 as part of a private offer. The proceeds will be used for general business purposes, including working capital, business development, marketing activities and capital expenditures. The company can also use the product of strategic investments in commercial and technological services.
• AutoZone Inc.
AZO
profits and sales reported during the third fiscal quarter which exceeded expectations, as the distribution of stimulus checks helped boost sales in the latter part of the quarter. Domestic sales in the same store fell 1%, with sales in the single-digit mid-percentage range in the first four weeks of the quarter, then decreasing “significantly” in the second four-week period. because of negative COVID impacts. – 19 pandemics, then became “significantly positive” in the past four weeks when stimulus controls began to circulate in the economy. The company said it was unable to provide financial advice “with a certain degree of confidence” given the uncertainties of the pandemic.
• Cigna Corp.
THIS,
It confirmed its earnings and adjusted earnings outlook for the full year, and supported its earnings per share target for 2021, as the insurer plans to participate in meetings with investors and analysts in the coming weeks . The company expects 2020 adjusted EPS of $ 18.00 to $ 18.60 and revenues of $ 154 billion to $ 156 billion, both around the FactSet EPS consensus of $ 18.43 and revenue consensus $ 154.71 billion. For 2021, Cigna expects adjusted EPS of $ 20.00 to $ 21.00, compared to the FactSet consensus of $ 20.44.
• Hertz Corp.
HTZ,
He filed for bankruptcy on Friday, unable to withstand the pandemic that has crippled travel around the world and, with it, the affairs of the highly-indebted 102-year-old car rental company, reported the Associated Press. Lenders to the Estero, Florida-based company were unwilling to extend his car rental debt payments beyond the Friday deadline, prompting the filing of the loan. complaint to the US bankruptcy court. United States In Delaware. Hertz and its subsidiaries will continue to operate, according to a company statement. As of the end of March, Hertz Global Holdings Inc. had accumulated $ 18.7 billion in debt with only $ 1 billion in cash.
• Hibbett Sports Inc. posted higher than expected first quarter profits and adjusted sales as a strong increase in e-commerce sales helped offset the effect of stores closed during the coronavirus pandemic. Online sales of the Birmingham, Alabama-based sports retailer increased 110.5% to 22.3% of total sales. The Hibbett Sports and City Gear stores reopened in late April. The company ended the quarter with $ 106.2 million in cash. He has $ 50 million in unpaid debt and $ 25 million available on a $ 75.0 million secured line of credit. The company does not provide advice given the uncertainty created by the pandemic.
• Macy’s Inc.
METRE,
It plans to offer $ 1.1 billion of senior secured notes due in 2025 as part of a private placement. The proceeds will be used in conjunction with available cash to repay the company’s revolving line of credit.
• Microchip Technology Inc.
MCHP
He plans to issue bonds worth $ 2.2 billion to raise the funds necessary to pay off a senior secured bridge loan and finance the cash portion of a convertible bond swap. The Chandler, Arizona-based company has announced that it will issue $ 1 billion in senior secured notes and $ 1.2 billion in senior notes.
• Six Flags Entertainment Corp.
SIX,
It will reopen its first park, with limited capacity, on June 5. The company said its Frontier City theme park in Oklahoma City will open in “preview mode” for members and season pass holders from June 5 to 7. “We have developed a comprehensive reopening security plan that includes best practices from experts in the theme park and water park industry, as well as the best destination parks in the world, which will allow customers to experience our parks in theme. As safe as possible, “said CEO Mike Spanos.” This “new standard” will be very different, but we believe these additional measures are appropriate in today’s environment. “Among the security measures, all guests over 2 years old must wear low face masks, the temperatures of guests and employees will be taken before entering the park, guests will be separated by rows or seats at all attractions, and capacity in closed places will be reduced.
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