Tuesday, March 31, 2020

Coronavirus Pandemic Infects the World


The United States, according to official numbers, leads the world in coronavirus disease (officially named COVID-19) cases at over 186,000 confirmed infections. China, the origin country of the outbreak, reports just under 82,000 cases, though given the country’s central role in the virus’s original spread and subsequent transmission as well as its much larger population, that number likely significantly underestimates the number of infected.

Countries with a higher per capita rate of infection than the US include Spain and Italy, which also have had higher mortality rates (~10%). The US, in contrast, has had a mortality rate of around 2%. The true mortality rate of those infected is likely lower than these reported numbers, as it only takes into account confirmed cases. Many coronavirus cases are asymptomatic or only show mild symptoms.

Most states in the US have issued “stay-at-home” orders, which only allow limited travel to essential work functions or for shopping. The New York metropolitan area has been especially hit hard, with local morgues running out of room for the dead and refrigerated truck being brought into service as temporary morgues.

China has begun to lift restrictions on Wuhan, the city in which the virus originated (likely at a wet market in which live animals and meat are sold). The country has come under international criticism for its handling of the disease as its government worked to silence the voices of those raising concerns of the virus when it first appeared late last year. The most visible whistleblower, Li Wenliang, died after raising the alarm on the virus. The Chinese government had targeted Li in December 2019, accusing him of “spreading rumors.”


Saturday, February 29, 2020

Sanders Leads Nationally as Biden Triumphs in South Carolina


Vermont Senator Bernie Sanders has captured frontrunner status in the Democratic race, though it may not be enough to win enough delegates before the convention in Milwaukee in a few months.

That may be even more likely after today’s vote, as former Vice President Joe Biden scored a strong victory in the South Carolina primary Saturday. Long touted as his firewall, Biden seemed to be danger just last week of losing the primary to a surging Sanders. Biden, with around 90% of the precincts in, has just under 50% of the vote, with second-place Sanders just under 20%.

Even with Biden’s South Carolina victory and the possibility of momentum heading into Super Tuesday this week, Sanders holds a healthy lead on national polling, which was Biden’s claim just last month. According to the RealClearPolitics poll aggregator, Sanders leads Biden 29.6% to 18.8%, with former New York City Mayor Michael Bloomberg coming in third with 16.4%. Bloomberg, who will only be on state ballots starting on Super Tuesday, surged in polling this past month as he spent hundreds of millions of dollars on television and online advertisements. His momentum has slowed, however, amid a poor first debate performance and a somewhat resurgent Biden, whose disastrous Iowa and New Hampshire results had some wondering if he would leave the race.

While Sanders maintains the lead in national polling and in certain Super Tuesday states, there is a strong chance neither he or any other candidate will reach a majority of delegates on the first ballot. If that happens, delegates can choose who to be their nominee at the convention, possibly setting up a protracted and heated battle to face Trump in November.


Riots in India Kill 42 So Far


Riots have broken out in the city of Delhi as opponents and supporters of a controversial citizenship law passed by the Indian Parliament clashed on the streets.

The Citizenship Amendment Act (CAA) creates a path for citizenship for certain illegal immigrants but notably excludes Muslims from those eligible. The riots in North East Delhi arose after a local politician vowed to clear the streets of protestors opposing the law, most of whom are Muslim. Supporters of the law, mostly Hindu, took to the streets in an attempt to stop the demonstrations of the opponents. At least 600 have been arrested so far.


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.


Friday, January 31, 2020

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.