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Coronavirus replace: Skilled requires "radical transparency" relating to Trump's coronavirus therapy and progress, as extra of the president's circle take a look at is optimistic

The number of confirmed U.S. cases of the coronavirus, which causes COVID-19, rose to over 7.3 million on Saturday. Now President Donald Trump and First Lady Melania as well as at least eight other members belong to their circle. More people are expected to test positive from a white House Rose Garden event last weekend and other gatherings last week.

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"While the President is being treated for his emerging symptoms, the public must receive honest information about the President's condition on a daily basis, not from White House staff but from his medical team."

– Dr. Ashish Jha, dean of Brown University School of Public Health

Dr. Sean Conley, Trump's doctor, wrote in a letter shared by White House officials that he expects the president to continue his duties "while he is recovering." People familiar with the matter told the New York Times that he had a fever, congestion and cough and was expected to stay in the hospital for several days.

Conley held a brief press conference on Saturday but declined to offer details on areas of treatment and Trump's condition.

See: Trump "solve and improve" coronavirus symptoms, says the doctor

Dr. Ashish Jha, dean of Brown University School of Public Health, said it was reasonable to assume that Trump was infected between last Saturday when he announced his candidate for the Supreme Court in the Rose Garden at an event he and many others attended They were not wearing face masks and were contagious to others on Monday when the first presidential debate was held in Cleveland.

Jha called for "radical transparency" about the president's disease course. "While the president is being treated for his emerging symptoms, the public must receive honest information about the president's condition on a daily basis, not from White House staff but from his medical team," Jha said in a statement.

He also said it was crucial that everyone who attended events with Trump over the past week be tested immediately and comprehensively to avoid further transmission of the virus.

"The public also needs to know how and during what time testing and tracing will be carried out and whether all relevant parties will be quarantined," he said. "With elections approaching and a deeply polarized nation increasingly losing confidence in the government, honest updates on the state of the president and measures to control its spread and protect key leaders become a basic level of confidence in the ability of the government Make sure government respond effectively at this critical moment.

“If we are not transparent, the social contract will be further undermined. We need transparency at all levels, ”he wrote.

See now:The weekend reads: What you should know by now if President Trump has the coronavirus

On Friday, many lawmakers expressed hope that Trump's positive diagnosis would change Americans' view of the crisis and improve security compliance.

House spokeswoman Nancy Pelosi told MSNBC she hoped the news would fundamentally change the U.S. approach to tackling the pandemic.

"Perhaps now it could be a learning experience when people see that the President of the United States and all the protection he has and the First Lady who has this revelation". "And more than learning, it has to be something that people respond to."

Pelosi criticized Trump's attitude towards the disease as a gentleman. "Going into the crowd unmasked and everything else was kind of a brazen invitation for something like this to happen," she said. "It's sad that it did, but it's still hopeful that it will be a more sensible transition to what this virus is about."

Chris Coons, Senator from Delaware, a Democrat who was in the audience at Tuesday's presidential debate, echoed that sentiment: “This is a reminder that we are all susceptible to this dangerous virus and public health guidelines on wearing masks , should follow for social distancing. and more, ”Coons said in a statement, reported CNN.

Michigan Democratic Governor Gretchen Whitmer said she hoped the news would serve as a wake-up call for every single American.

"Here's the good news. We can defeat this enemy – but it will take each and every one of us to work together. Right now, the most effective weapon we have is pretty simple: wearing a mask that covers your nose and mouth. It washes your hands with soap and water and kept them six feet apart. "

See: President Trump tested positive for coronavirus – here's everything we know so far

Also read:Trump tests positive for coronavirus, and the effects are far-reaching

World leaders rushed to wish the president and first lady a speedy recovery as markets initially collapsed as experts pondered what that means for the election and management of the pandemic. Dr. Tedros Adhanom Ghebreyesus, director general of the World Health Organization, whom Trump attacked for fighting the pandemic, sent best wishes to the president and his wife.

See now:As Trump says he's positive for coronavirus, a look back at his changing statements about face masks and the threat of COVID-19

According to a New York Times tracker, the US counted another 53,428 new infections and at least 863 deaths on Friday. Last week, the average number of days was 43,274 per day, an increase of 7% over the average of two weeks earlier.

The US has lost 209,042 people to the virus, according to Johns Hopkins University, which is about a fifth of the world's 1.03 million toll. Experts have been lamenting for months that the U.S. has failed to take on the testing, contact tracing, and isolation that has allowed some countries to contain the spread, and has convinced the public that recommended safety measures must be followed in full.

Trump confided in journalist Bob Woodward that he had publicly downplayed the virus. Trump has insisted it would go away, touting unproven and even harmful treatments, and mocking Biden for wearing a face mask. This, in turn, has aroused suspicion among its supporters and led to protests against face masks in many states.

Coronavirus cases have risen in 33 states and Puerto Rico since August, according to an analysis by the Washington Post. Now hospital stays are picking up again in at least a dozen states, including New Jersey, Delaware, and Texas. Wisconsin saw a record number of cases for 20 consecutive days as of Thursday, adding more than 17,000 cases in one week.

In other news:

• Former White House advisor Kellyanne Conway tested positive for coronavirus after attending the Rose Garden event last weekend. Conway announced the news in a tweet saying her symptoms were mild and she felt fine. "I have started a quarantine process in consultation with doctors," she wrote. Former New Jersey governor Chris Christie also tweeted that he tested positive. The two unite a number of people close to Trump to test positive, joining President and First Lady Melania Trump, advisor Hope Hicks, campaign manager Bill Stepien, RNC chairman Ronna McDaniel, Senator from Utah, Mike Lee, a Republican Senator from North Carolina. Thom Tillis, a Republican, Wisconsin Senator Ron Johnson, also a Republican, and President of the University of Notre Dame, Rev. John Jenkins. Conway stepped down from her role as a consultant in August, saying she wanted to spend more time with her family.

• The Solomon Islands reported their first case of COVID-19 after staying free of the disease during the global pandemic, the Guardian reported. Prime Minister Manasseh Sogavare confirmed the news in a nationally televised address that a Solomon Islands student repatriated from the Philippines tested positive for Covid-19 late last month. "It pains me to say that we have lost our Covid-19 status, despite our joint efforts to keep the pandemic from entering our country," he said. The student is in quarantine and the contact tracing and testing of the medical staff who care for the students is in place, he said.

• New York State officials launched Covid Alert NY, an app that alerts New Yorkers if they've been within 6 feet of other app users for more than 10 minutes, creating a network of “close contacts” who can easily be informed of the exposure if either of them later tests positive for the virus. "This is a technology-based contact tracing app," Governor Andrew Cuomo said in a statement. "Testing is only as good as your contact tracking." Cuomo made the announcement in collaboration with New Jersey Governor Phil Murphy. New York and New Jersey, along with Pennsylvania and Delaware, will now form a regional app network that will work together across state lines to stop the spread. Connecticut is expected to join the network in the coming weeks.

• Australia has announced plans for a limited travel bubble with New Zealand, the BBC reported. New Zealanders are allowed to travel to the Australian regions of New South Wales and Northern Territory without quarantine. "This is the first phase in a trans-Tasman bubble between the two countries, not just this state and territory," said Australian Deputy Prime Minister Michael McCormack. The New Zealanders have yet to be quarantined on the way back, and the Australians will not be granted access to New Zealand for the time being.

• Amazon.com Inc. said more than 19,000 of its employees – of the 1.37 million employees worldwide – tested positive for COVID-19 or suspected of having the virus, MarketWatch's Jon Swartz reported. “We were conservative in this analysis. First, we've built a broad network by including both confirmed and suspected cases in the Amazon numbers, ”said the e-commerce giant in a blog post that published a data analysis. "Second, actual COVID-19 rates in the general population are higher than official figures because not everyone is screened or tested for symptoms in public." Amazon employees are regularly screened for symptoms and increasingly tested at work, whether or not they show symptoms, to identify asymptomatic cases, the company said.

Latest numbers

There are currently 34.7 million confirmed cases of COVID-19 worldwide and at least 24 million people have recovered, according to Johns Hopkins data.

The US leads the world in terms of cases and deaths. Brazil has the second highest death toll after the USA with 145,388 and the third highest number with 4.9 million. I

India ranks second after the US at 6.5 million and has the third highest death toll at 100,842, breaking the grim milestone of 100,000 overnight.

Mexico ranks fourth with 78,492 deaths and ninth with 753,090 cases.

The UK has 42,358 deaths and 469,782 cases, the highest death toll in Europe and the fifth highest in the world.

In China, where the disease was first reported late last year, there were 90,584 cases and 4,739 deaths, according to official figures.

What is the latest medical news?

Promising new clinical data for an experimental COVID-19 treatment suggests a secondary, but potentially more important, consideration for investors: if this neutralizing antibody treatment works in coronavirus patients, the vaccines under development will also be effective, such as MarketWatch's Jaimy Lee reported.

Regeneron Pharmaceuticals Inc.
REGN,
-0.58%
Preliminary data from a Phase 1/2/3 clinical trial for REGN-COV2 was exchanged on Tuesday, which found that investigative therapy reduced viral load and symptoms in some non-hospitalized patients with mild or moderate cases of COVID-19 disappeared earlier. It was most effective in patients with higher viral loads who had not tested positive for antibodies.

"We believe our data will have a positive impact on the likelihood of success of vaccines targeting the same spike protein targeted by REGN-COV2," Regeneron CEO Leonard Schleifer told investors on Tuesday, based on a FactSet protocol of the call.

See now:Seven coronavirus vaccine candidates are being tested in the US – here they are

Moderna Inc.
MRNA,
-1.74%
MarketWatch's Mike Murphy said the potential coronavirus vaccine won't be ready in the US presidential election, the biotech company's executive told the Financial Times.

CEO Stéphane Bancel told the FT in an interview that Moderna – a frontrunner in the COVID-19 vaccine race – will not seek emergency approval from the US Food and Drug Administration until November 25th, and they did not expect it to Obtained approval to distribute the vaccine to the general public by spring 2021.

"I think late [first quarter], early [second quarter] approval is a reasonable timeline based on what we know from our vaccine," Bancel told the FT.

Pfizer Inc.
PFE,
+ 0.02%
CEO Albert Bourla told staff that development of its COVID-19 vaccine was moving "at the speed of science" rather than political pressure, the Associated Press reported. The AP quoted an internal letter. Pfizer and BioNTech
BNTX,
+ 1.36%
have an experimental coronavirus vaccine currently in phase 3 trials. There are three other vaccine candidates in late-stage trials in the US, and Trump has repeatedly stated that a vaccine could be ready by November, with at least two references to Election Day, November 3rd, as a "special date" for a vaccine could be available.

LabCorp.
LH,
+ 0.57%
received emergency approval from the U.S. Food and Drug Administration for a new type of molecular test for COVID-19. The new test uses heat and technology to extract RNA from samples collected for COVID-19 testing and may improve the efficiency of the tests, the company said in a statement.

"The innovative heat extraction process, which is comparable to current extraction methods, captures virus particles and makes RNA extraction reagents for capturing and concentrating viral nucleic acid superfluous," the statement said.

Emergency clearance is not a full FDA approval.

What is the economy saying?

The US created 661,000 new jobs in September and the unemployment rate has fallen again to 7.9%, the pandemic's lowest point. However, the hiring gain was the lowest since the economy reopened and indicated a slowdown in the recovery, MarketWatch's Jeffry Bartash reported.

Last month's employment surge fell short of Wall Street's estimate. Economists surveyed by MarketWatch had forecast that around 800,000 lost jobs would be regained in September.

Private sector recruitment was slightly stronger with 877,000 new jobs, the Bureau of Labor Statistics said on Friday. What weighed on employment in September was a decline in public education jobs in local schools and state colleges. Most have adopted forms of online learning.

The unemployment rate fell from 8.4% to 7.9% for the fifth month in a row, a new pandemic low. The official unemployment rate peaked at 14.7% in April before continuing to decline.

"This underscores that job gains will be tougher from now on, and speaks of the need for further incentives to help the economy and support the 11 million Americans who had jobs in February and are now unemployed," said Robert Frick. Corporate Economist with the Navy Federal Credit Union.

See also: Front workers in the eye of a pandemic storm for months now fending off repo people

Regardless, Americans became more optimistic towards the end of September as consumer sentiment hit a six-month high, reflecting greater confidence in the US economy after a summer break.

The final September consumer sentiment poll rose from 78.9 to 80.4, the University of Michigan said on Friday. It was also higher than August's 74.1 points.

The index is now at its highest level since the pandemic broke out in March and reflects the results of other household surveys. Earlier this week, the Conference Board announced that its consumer confidence index had risen to a high during the pandemic.

What do companies say?

• Activision Blizzard Inc.
ATVI,
-5.29%
is delaying the release of its World of Warcraft: Shadowlands installments in order to continue beta testing the game. The company's Blizzard division had expected to release the update for the massive multiplayer online role-playing game in late October, but has decided to release it "later this year." "Blizzard is expanding beta testing and iteration based on great player input and focusing on endgame-related tuning and polishing efforts, some of which have been slowed down because the team was working from home during the ongoing pandemic," a statement said in a statement by the Company.

• General Motors Co.
GM,
+ 0.26%
Total automobile sales declined 10% in the third quarter, but the company said the auto industry was "showing signs of recovery" and highlighted sales in September. GM shipped 665,192 vehicles in the quarter, down 10% from the year-ago period, but sales improved every month for the three months during the pandemic. Industry and GM sales "rebounded significantly in September, ending the month with year-over-year sales growth," the company said. Retail sales were also a source of optimism, with GM saying its pickups and SUVs "sell extremely quickly". GM “continues to focus on producing the right mix of vehicles to meet demand. Large full-size pickup and SUV systems all work in three shifts and with maximum overtime, ”it says.

• Marathon Oil Corp.
MRO,
+ 4.30%
resumes its dividend despite the pressure caused by the pandemic and falling oil prices. The company recently took debt reduction measures to create a "transparent framework for future capital allocation and free cash flow use to maximize long-term shareholder value." The dividend was 3 cents per share and was paid on December 10th to the shareholders of record on November 18th. "Marathon Oil continues to have a solid record," said the company. "While 2020 has brought a number of challenges, we believe we have successfully repositioned our company to thrive in a lower, more volatile commodity price environment," said Lee Tillman, chief executive, in a statement.

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