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New York Sees Hospitalizations Fall To Lowest Level In A Month, Italy Reports Fewest Deaths In 5 Weeks: Live Updates

Courtesy of ZeroHedge View original post here.

Summary:

  • Singapore reports another alarming jump in new cases
  • US death toll tops 50k
  • Tokyo reports ~150 new cases, asks companies to extend "Golden Week" holiday
  • Sydney forced to shutter three newly reopened beaches
  • Florida reports more than 1,000 deaths in a single day
  • China rejects US request to examine Wuhan lab
  • India reports record single-day jump in cases
  • Matt Hancock says 'no set date' for BoJo to return
  • Chinese tests using blood of recovered patients show promising results
  • Global Times continues pushing narrative that US responsible for virus
  • UK deaths jump after two days of declines
  • Some Muslim majority countries ease restrictions as Ramadan begins
  • FDA warns hydroxychloroquine shouldn't be taken outside hospital setting
  • Trump denies telling Kemp he approved of plan to reopen economy
  • Australia to keep borders shut for at least 3 months
  • Indonesia also reports jump in cases
  • Russia reports 5k+ new cases in a day; RenCap projects 'peak' next week

*         *         *

Update (1205ET): Following yesterday's bombshell revelation that a preliminary random testing of 3k New Yorkers for coronavirus antibodies had turned up 21% of test subjects in NYC as positive, NY Gov Cuomo said Friday that the number of hospitalized patients in his state continued to decline.

The state's "total hospitalizations" number hit its lowest level in almost a month.

The governor also expanded on his feud with Mitch McConnell.

Across the Atlantic, Italy reported just 420 deaths over the past 24 hours, down from 460 yesterday.

The death toll reported on Friday was the lowest in 5 weeks, and comes amid intense negotiations between EU leaders over how to set up and finance a massive relief fund to help the bloc's worst-hit nations.

*         *         *

Update (1140ET): Florida just reported its latest batch of daily numbers, and they're more sobering than many expected: Notably, the state reported more than 1,000 deaths.

  • FLORIDA COVID-19 CASES RISE TO 30,174 VS. 28,832 DAY EARLIER
  • FLORIDA RESIDENTS COVID-19 DEATHS 1,012 VS. 960 DAY EARLIER

*         *         *

Update (1040ET): Just as we anticipated, the death toll in the US has finally surpassed 50k. At last count, there were 50,369 deaths in the US, per JHU.

The 50k number represents roughly one-third of confirmed deaths around the world, though the global death toll is widely suspected to be much higher.

About an hour ago, the AP released a recent survey showing that roughly one in four American adults say someone in their household has lost a job. Moreover, 71% of Americans now describe the national economy as poor, up from 60% three weeks ago and 33% in January. At the same time, 64% call their personal financial situation good, a number that's surprisingly unchanged since the beginning of the outbreak.

Deaths in the UK ticked higher over the past 24 hours, snapping a two-day streak of declines.

And in the US, the FDA just issued a warning that hydroxychloroquine shouldn't be given to patients to treat COVID-19 – either alone, or in combination with other medications like the 'Z-Pak' – outside of a hospital, or clinical trial, setting. The agency warned of potential dangers of using the drug without a doctor's supervision.

Meanwhile, the GT continues to push the narrative that the coronavirus was actually spread by American soldiers

And despite giving the green light to some businesses to reopen on Friday, many businesses in Georgia are still closed, or are only seeing a trickle of customers.

Former FDA Director Scott Gottlieb just became the latest 'expert' to warn Americans not to inject cleaning products, as Lysol begs customers not to consume or inject its products.

And before we go – here's President Trump deny reports that he had told Kemp he approved of reopening the state on Friday.

*         *         *

As of 6amET Friday morning, the number of deaths linked to the coronavirus in the US stood at 49,963. You probably don't need to be an 'epidemiological expert' to suspect that the death toll will surpass 50k on Friday – probably before lunchtime, since Gov Cuomo typically releases the latest NY state-wide death count at around 11amET.

But before we get into the big US-focused stories of the day, we believe it's worth noting some new developments in Asia overnight suggesting that despite Singapore's strict new lockdown – and in Japan, despite PM Shinzo Abe's decision to expand a 'state of emergency' countrywide – both countries, big and small, have continued to struggle.

In Singapore, authorities disclosed 897 new infections. That's a slight decline from Thursday's record 1,037, but still too many for a tiny island city-state with a population of only 5.7 million people. The numbers pushed Singapore's total case count since the beginning of the outbreak past 12,000, with the "vast majority" of them migrant workers, whom Singapore's PM has promised to care for as if they were naturalized Singaporeans, CNA reports.

Overnight, Tokyo confirmed 161 new cases, according to a report from Nikkei. That's up from 134 on Thursday. The governments of Tokyo and the surrounding prefectures of Chiba, Saitama and Kanagawa have asked companies to extend the upcoming "Golden Week" holiday to 12 days.

In India, officials reported 1,684 new coronavirus cases, up from the 1,409 reported Thursday morning. That's the biggest single-day spike yet for the outbreak in India, where the number of confirmed cases has reached 23,077, with 718 deaths, according to the Ministry of Health and Family Welfare, numbers that some epidemiologists fear are well below the true number of active infections. Indonesia reported 436 new cases during the last 24 hours, a new daily record, bringing the total to 8,211, with 689 deaths.

Beijing made a big decision this week by allowing a stream of foreign journalists back into Wuhan after allowing just a handful of 'exclusive' reports from the newly reopened city last week. However, there's one place journalists – and US investigators – won't be allowed to examine: the biolab suspected as the true source of the viral leak.

Russia reported another alarming jump in new cases last night, according to Moscow's Interfax newswire:

More than 5,800 new Covid-19 cases have been identified in Russia in the past 24 hours, bringing the country's coronavirus tally to 68,600, the coronavirus response headquarters said.

"A total of 5,849 new cases of the Covid-19 coronavirus infection have been confirmed in 82 regions of Russia in the past 24 hours, including contacts and patients without clinical symptoms standing at 2,697 (46.1%)," it said on Friday.

"Given the latest increase, Russia currently has 68,622 (+9.3%) cases of the coronavirus infection in 85 regions," the headquarters said.

A total of 2,957 new Covid-19 cases have been recorded in Moscow, which has 36,897 cases as of Friday.

Renaissance Capital

As more governments rapidly expand their surveillance capabilities to aid in 'contact tracing' of people infected with the virus (even though casual contacts have the lowest chance of infection and the people typically infected are in many cases family members and close friends), Australian PM Scott Morrison said he plans to make it illegal for any workers not in the health-care field to access the surveillance data, leaving it 'off limits' to cops and the government – at least in theory.

While the global outcry over expanded governmental surveillance continues, many have gladly welcomed the expansion of the surveillance state, and celebrate stories of spooks turning their attention to tracking close encounters in grocery store aisles and mass transit.

Australia has started the process of reopening though most stores won't reopen until the middle of next month, but local officials in Sydney decided to close three beaches that had been briefly opened because locals broke safety restrictions. PM Morrison has also revealed that the country won't reopen its borders for at least three months.

Moving on to the UK, Health Secretary Matt Hancock told Sky News that there are currently is no set date for PM Boris Johnson to return to work. Following yesterday's failure of the EU to reach a consensus on how to finance a pan-bloc relief program, Germany on Friday reported that its coronavirus reproduction rate had increased to 0.9 according to the country's CDC, the Robert Koch Institute, meaning every 10 people with the virus infect an average of nine others. That’s up from a reproduction rate of 0.7 a week ago.

In the Muslim world, Friday marks the beginning of the holy month of Ramadan. In observance of the holiday, some countries are easing restrictions and others are tightening them. Egypt is set to ease its coronavirus lockdown for the holy fasting month of Ramadan by allowing more businesses to reopen and shortening a night-time curfew. Meanwhile, the UAE has shortened a nationwide coronavirus curfew by two hours to now run daily from 10pm-6am, instead of starting at 8pm, per the Guardian.

Finally, before we go, CNN reported overnight that researchers in China have successfully cloned antibodies from recovered patients, a step toward developing a "new kind of treatment for the virus." In test tubes, the antibodies prevented the binding of the novel coronavirus to its receptor, according to the researchers. Antibodies that block that step, which is critical for infection, could become a promising treatment.

Let's ask Jim Cramer…

….Is this 'fake' trial news or the real kind?


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