Coronavirus Causes Worry as Markets React

The coronavirus outbreak, linked to the virus now-named COVID-19, has sickened nearly 90,000 worldwide, with most infections occurring in China, the virus’s origin point, though rapidly spreading across the globe, including major outbreaks in Iran and Italy.

The virus, which causes a respiratory disease similar to influenza, spreads through respiratory droplets emitted from the body during sneezing and coughing. Cases can develop into pneumonia and possibly turn fatal. The fatality rate for the disease is estimated at 1-3%.

The prospect of a pandemic, in which the disease infects a significant population in most areas of the world, has sent shockwaves through the global markets, with many indices having their worst week since the financial crisis in 2008. The S&P 500 and the DJIA both fell around 10% this past week, with the DJIA shedding 3500 points.

In addition, concerns over the availability of health supplies, such as face masks, have surfaced as many of these products are made in China, specifically in Hubei Province, the epicenter of the outbreak.

Senate Continues with Impeachment Trial

UPDATE 1/31/20 9:51 PM EST: The Senate voted 51-49 to reject any additional witnesses in Trump's impeachment trial.

The US Senate took up the impeachment case against President Donald Trump this month, and is currently in the question-and-answer phase of the trial. This comes after the president's impeachment (similar to an indictment) by the US House of Representatives last month and the presentations both by the House managers, who argue for the president's removal from office, and the president's defense team.

The House impeachment managers, led by House Intelligence Committee Chairman Adam Schiff (D-CA) argued that Trump's actions on a phone call last year with Ukrainian President Volodymyr Zelensky constituted an impeachable offense after Trump asked Zelensky to open an investigation into the dealings of Hunter Biden, son of former Vice President and Democratic presidential contender Joe Biden. Witnesses allege that Trump planned to hold military aid to Ukraine, previously appropriated by Congress, unless the investigation occurred. The aid was released, though only after a whistleblower reported it. Democrats called such the alleged act an abuse of power in an attempt to hurt a domestic political rival, and also added another article of impeachment alleging obstruction as Trump did not allow key administration figures, such as acting Chief of Staff Mick Mulvaney, to testify.

The president's defense team countered the arguments put forth by House Democrats, saying that the president never threatened the Ukrainian officials directly with withholding aid, and such an act is not even an impeachable offense as no written statute exist outlawing it. Senators will soon vote whether to allow more witnesses, such as former National Security Advisor John Bolton, to testify. Bolton is believed to have first-hand knowledge of the decisions Trump was making in the matter. Republican defenders of the president have countered that they will ask Joe and Hunter Biden to testify and answer questions about alleged profiting from Joe Biden's political office. Joe Biden denies the allegations and had originally said he will not comply with a Senate subpoena, though he has since said he will testify if compelled by a lawful Senate order.

Coronavirus Declared Health Emergency by WHO, US

Both the World Health Organization (WHO) and the United States government this week declared the outbreak of a new strain of coronavirus a health emergency. This virus causes a respiratory illness that has led to 213 deaths, all in China, though its overall mortality rate is relatively low.

The US has limited to the number of airports that in which direct flights from China can land, and the State Department has issued a ‘Do Not Travel’ advisory for the country and encouraged travelers to rethink their plans. The Chinese government has continued its lockdown in Wuhan, the capital of Hubei Province and the city in which the outbreak began, to prevent the virus from spreading further.

While the symptoms from this strain of coronavirus are not as severe as other previous viral outbreaks, such as SARS and MERS, the threat of continued spread, as well as a more severe mutation emerging in the near future, have put pressure on public health officials. The virus has already infected over 10,000 people worldwide.

New York Metro Area Experiences Series of Anti-Jewish Attacks

At least five people were attacked in a Rockland County, New York, home last Saturday, all of them Jewish. The suspect, Grafton E. Thomas, 37, was apprehended afterward. Investigators claim that Thomas had searched online for “Why Did Hitler Hate the Jews,” in addition to finding a journal with references to claims and arguments often put forth by the Black Hebrew Israelites, known for their anti-Semitic beliefs.

This follows an attack earlier this month by two Black Hebrew Israelites which killed four people in a series of attacks in Jersey City, two of them Orthodox Jews.

Trump Impeached by House, Faces Trial in Senate

President Donald Trump this month became the third president in US history to be impeached, with a majority of the House of Representatives voting to impeach him on two charges, one for abuse of power regarding his phone call with Ukrainian President Volodymyr Zelensky and the request to investigate Hunter Biden, and one for obstruction of Congress for not providing documents from the White House in the course of the inquiry.

 The vote was near party line, with nearly all Democrats voting for both charges and no Republicans voting for either. Independent Justin Amash of Michigan, who broke from the Republican Party earlier this year after he came out in favor of impeachment even before the Ukrainian issue came forth, voted to impeach on both counts. Notably, Democratic presidential contender Tulsi Gabbard of Hawaii voted “present” on both counts, saying she favored censure of the president rather than impeachment. Rep. Jeff Van Drew of New Jersey voted against both impeachment charges as a Democrat before switching to the Republican Party days later.

While impeachment articles are usually quickly sent to the Senate to begin the trial phase (two thirds of the Senate must vote to convict the president to remove him, an unlikely scenario given the chamber’s Republican majority), House Speaker Nancy Pelosi (D-CA) has withheld sending them over, claiming concerns that Senate Majority Leader Mitch McConnell (R-KY) will not conduct a fair trial but seek to have Trump exonerated quickly with as little political damage as possible. McConnell has said  he is working with the White House during the process, something that has been opposed by Sen. Lisa Murkowski (R-AK), a leading moderate and potential swing vote.

Wildfires Rage in Australia

Australia’s wildfire season has been exacerbated by intense heat and
abnormally dry conditions

Credit: eyeweed/flickr

Massive wildfires have threatened thousands of acres of Australian brushland and hundreds of homes as winds and dry conditions fan the flames forward. In one seaside city, thousands of residents and tourists took refuge on the beach or even on boats as wildfires approached the city. At least 12 so far have died in this year’s wildfire season.

This year has been the driest on record for the continent, with high, gusty winds and sweltering summer heat exacerbating the problem.

Most of the country is under a firework ban this New Year’s, though the city of Sydney has been exempted to allow for its massive firework display along the shore.

Hong Kong’s Pro-Democracy Candidates Win in Elections

Hong Kong’s pro-democracy activists and protesters scored a major victory this month when the pro-democracy bloc of candidates scored a majority of seats in the local district council elections, winning 388 out of 479 seats total. The pro-Beijing (or pro-establishment bloc), which favors close relations with the Chinese government, won only 62 seats, or just under 13% of the total. To compare, the pro-Beijing bloc held a majority of seats prior to the election.

Because of the first-past-the post system in Hong Kong’s district council elections, in which candidates are elected to represent specific districts, pro-democracy bloc-won seats are over-represented compared to the percentage of those who voted for those candidates; pro-democracy candidates managed to win just under 60% of the vote. While pro-democracy voters outnumbered those candidates who support the Chinese government’s increased role in governing the area, the population still has a large share of the population who may hold unfavorable attitudes towards those who seek to distance Hong Kong from Beijing’s control.

Elizabeth Warren Drops in polls, Pete Buttigieg Rises

Sen. Elizabeth Warren’s (D-MA) standing in the polls has fallen this month with the senator now trailing in Iowa and New Hampshire. In her place, former South Bend, Indiana Mayor Pete Buttigieg has taken her place as the rising star of the Democratic race, polling first place in both states and remaining in fourth place nationally, behind Biden, Sanders, and Warren. They are the only candidates polling in the double digits; Sen. Kamala Harris, the fifth highest polling candidate, is at 3.8% (D-CA) in national polls.

Impeachment Inquiry Testimonies Begin

This month saw the first public testimonies from officials involved in the controversy over President Trump’s phone call with Ukrainian President Volodymyr Zelensky earlier this year, with House Democrats hoping to implicate President Trump in an alleged attempt to pressure the Ukrainian government to investigate Hunter Biden, Joe Biden’s son, in exchange for foreign aid. The alleged request by Trump was to look into Biden’s involvement in a Ukrainian oil company during his father’s vice presidency and the dismissal of a prosecutor supposedly investigating the company. While Hunter Biden had no previous experience in oil and gas, no wrongdoing by Biden has yet been uncovered, and the dismissal of the prosecutor has been linked to the prosecutor’s own previous corruption.

Trump has denied any wrongdoing in making the call, dismissing claims of a quid pro quo in which American aid would only be released if the investigation into Biden’s conduct began. While the foreign aid did go through, it may have only gone through after a complaint was filed by a whistleblower documenting concerns with Trump’s request. It does not prove, however, that the aid would not have been delivered otherwise.

Most witnesses, including former acting Ukrainian Ambassador Bill Taylor, have said that they received the impression that a quid pro quo existed, though they based that on information from second-hand sources, not from the president himself. US Ambassador to the EU, Gordon Sondland, said that members of the Trump cabinet knew about the request, including Vice President Mike Pence and acting Chief of Staff Mick Mulvaney.

Nationals Defeats Astros in World Series

The Washington Nationals defeated the Houston Astros in Game 7 of the World Series Wednesday night, clinching their first championship in the franchise’s history. The Astros led 2-0 until the 7th inning, after which the Nationals managed to score 4 runs in the course of the latter part of the game. The Astros never managed to score any further runs, giving the Nationals the game.

Nationals pitcher Stephen Strasburg was named the MVP of this year’s World Series.

Fires Continue to Burn Thousands of Acres in California

Strong winds and abundance vegetation has continued to fuel wildfires throughout California. One fire threatened the Ronald Reagan Presidential Library, which was saved by a change in wind direction and the efforts of some goats, which ate the vegetation around the property and created a fire perimeter.

Other fires have broken out in San Bernardino County and across Southern California, promoting massive evacuations and burning dozens of homes. Other fires in Northern California, including one believed to have been started by an arsonist (put out soon after it began), have threatened homes and property there as well. The largest of those fires, the Kincade Fire, has burned nearly 80,000 acres.

Massive power-shutoffs by California’s main electrical utility, PG&E, were started earlier this month to prevent wildfires. Old, damaged lines can spark wildfires when they fail, sometimes with destructive consequences such as in the 2018 Camp Fire, which led to at least 85 deaths and $16.5 billion in damage. The shutdowns have not been without controversy,  however, as the shutdowns have lefts millions without power periodically and caused massive disruption to those affected.

PG&E, still facing billions in liability claims from the Camp Fire and other outbreaks, is planning on replacing many of those lines going forward.

Center-right Party Wins Most Seats in Austrian Elections

The conservative OVP (Austrian People’s Party), led by  former Chancellor Sebastian Kurz, won the most seats in this past Sunday’s legislative election. While falling short of a majority, the task falls to Kurz to form a government with one or more of the smaller parties.

One of those parties, the FPO (Freedom Party), was the OVP’s coalition partners in his previous government. A scandal involving the party’s leadership in which some of them were recorded discussing deceptive practices and malintents led to its dissolution. The FPO, a right wing populist to far-right party, could conceivably become a partner again, with the center- left SPO (Social Democratic Party) and Greens and the centrist NEOS parties also possible participants.

Britain Continues Its Messy Separation from the EU

UK Prime Minster Boris Johnson’s attempts to remove Britain from the European Union over four years after the country voted to leave the political bloc has continued to hit obstacles. The British Supreme Court, a relatively new institutional body, ruled against Johnson’s suspension of Parliament, itself an attempt to negotiate a deal with the EU without immediate domestic political opposition.

Johnson, a staunch supporter of Brexit who took over from Theresa May a few months ago, is tasked with delivering a Brexit process that has the support of Parliament and preferably that of the European Union. The EU’s support of a Brexit deal will ensure the country has access to the trade bloc following its separation. A “no-deal” Brexit would lead to higher tariffs and obstacles, which will negatively affect the economy. This would leave the UK in need of seeking free trade agreements elsewhere, with one with the US the most cited example.

Some of Johnson’s political opponents have called for his resignation, while Johnson seems inclined to push for a new general election. Polls currently have his Conservative Party in the lead.

House Launches Impeachment Inquiry

fter months of resistance to pleas from vocal members of her caucus, House Speaker Nancy Pelosi (D-CA) announced last week that she would open an impeachment inquiry into President Donald Trump’s conduct. While many Democrats have called for impeachment proceedings in the past (soon after his inauguration), the event that sparked the latest round of calls relates to Trump’s call with Ukrainian President Volodymyr Zelensky and his plea for him to investigate former Vice President Joe Biden’s son Hunter Biden’s business and political actions in the country, a request that is politically salient given Joe Biden’s candidacy for president, in which he hopes to face Trump in November 2020.

The story broke earlier this month when a whistleblower released information about the contents of Trump’s call, which led to sharp criticism, mostly form Democrats but with a few Republicans joining in condemning the president’s action. After Pelosi initiated the impeachment inquiry on September 24th, the White House released a transcript of the call (which was not a verbatim copy, but rather a series of notes and recollections from other listeners) with Zelensky, which confirmed Trump cited Biden as an example of corruption in Ukraine.

In addition, Trump withheld $400 million in military aid to Ukraine prior to the call. Democrats have said the aide was withheld to be used as a bargaining chip to force Zelensky’s hand to investigate Biden; the White House says interagency disagreements led to its delay in disbursement.

Going forward, House Democrats will hold hearings on Trump over his conduct, with many Democrats hoping that it will lead to an impeachment vote. If successful, the Senate will decide whether to remove the president.

Democratic Field Narrows, Republican’s Grows by One

The 2020 Presidential field continues to change as several Democrats drop out of the race, while one Republican joins in an attempt to deny President Donald Trump the GOP nomination.

This month, four major candidates have dropped out of the Democratic race: former Colorado Governor John Hickenlooper, Washington Governor Jay Inslee, Massachusetts Congressman Seth Moulton, and New York Senator Kirsten Gillibrand. None of the candidates managed to gain major support during any of the campaign, with Moulton never making the debate stage and Gillibrand (the highest-polling one of the group) only scoring 3% in one poll and usually averaging only 1%.

This still leaves well over a dozen candidates in the mix, though only three, former Vice President Joe Biden, Massachusetts Senator Elizabeth Warrant, and Vermont Senator Bernie Sanders, poll in the double digits. The rest, including relatively high polling candidates California Senator Kamala Harris and South Bend, Indiana, Mayor Pete Buttigieg, are in the single digits.

However, recent polls have indicated that any of those candidates has a polling advantage over Trump in the general, though the election is still over a year away, and the political environment can easily shift more in favor (or even less in favor) of Trump’s reelection prospects.

Meanwhile, former Congressman Joe Walsh of Illinois announced a longshot bid to challenge Trump for the GOP primary this week. Walsh, once a strong Trump supporter and a conservative firebrand, has come under fire for controversial and racially tinged statements made in his past.

Democrats Debate Again, 10 Yesterday and 10 Today

The race for the Democratic nomination for president in 2020 continues after ten Democratic candidates met in Detroit last night for the second primary debate, with ten more to go tonight.

Last night’s debate featured the two highest-polling progressive candidates, Sen. Elizabeth Warren of Massachusetts and Sen. Bernie Sanders of Vermont. Other relatively high-polling candidates (though still in the single digits) were South Bend, Indiana, Mayor Pete Buttigieg and former Texas Rep. Beto O’Rourke.

The debate demonstrated sharp differences between the progressive wing, led by Sanders and Warren, and the relatively more moderate wing, including Ohio Rep. Tim Ryan, former Maryland Rep. John Delaney, Montana Gov. Steve Bullock, and former Colorado Gov. John Hickenlooper. Some of these differences included whether to abolish private health insurance in favor of government-run insurance, providing free health care to those residing in the US illegally, and decriminalizing illegal border crossings. Places of agreement between both camps included providing a government-run insurance program (regardless of whether private insurance would still be allowed), instituting more gun control, and placing higher taxes on wealthy Americans.

Ten more candidates will debate tonight, including two other high-polling candidates, the frontrunner former Vice President Joe Biden and California Sen. Kamala Harris. Biden is considered relatively more moderate than many of the other candidates (though still liberal by national standards), and will likely face progressive criticisms from Harris and other candidates.

Another Heat Wave Strikes Europe

Another heat wave has stricken the European continent, the second major one this year. At least six deaths, five in France and one in Belgium, have been blamed on the phenomenon, which is caused by a meteorological air pressure block that has maintained the hot temperatures for over a week.

Temperatures in France have reached as high as 108.7 °F. (42.6 °C) and 107.2 °F. (41.8 °C) in Belgium. These temperatures have led to the deaths of hundreds of farm animals, whose ventilation systems failed in the heat’s wake. The heat wave has also raised river temperatures, which has led to a decline in their use for cooling systems, wishing to maintain conditions to protect aquatic life.

In the UK, trains have been ordered to maintain slower speeds to protect against buckling railways, and concerns have been raised over the stability of the Notre Dame Cathedral in France. The cathedral, damaged by a major fire earlier this year, has vulnerable structures which could break further because of the heat’s effect on water-logged materials.