Global Covid-19 Cases Top 30 Million; Vaccine Push: Virus Update

Global Covid-19 infections exceeded 30 million as the number of cases continued to climb, according to data from Johns Hopkins University. The U.S., India and Brazil remain the countries with the highest number of cases.

U.S. virus cases rose 0.6%, matching the average daily increase over the previous week. In New York City, in-person school classes were delayed for the second time, while Goldman Sachs Group Inc. sent some traders home after at least one employee at its downtown office tested positive for Covid-19, people with knowledge of the matter said.

France reported the most daily cases since its nationwide lockdown, and Argentina posted a daily record. Florida reported an accelerating virus spread, while California’s rate of positive tests declined and Texas eased some restrictions.

Moderna, as well as Pfizer and its partner BioNTech SE, took the unusual step of releasing their plans for analyzing vaccine-trial data, amid concern that the race for a safe and effective product is being politicized.

Key Developments:

  • Global Tracker: Cases pass 30 million; deaths exceed 943,000
  • Tracking the spread of the coronavirus outbreak in the U.S.
  • Trump’s vaccine ambitions contradict his own health experts
  • Londoners slowly return to work after schools reopened
  • Texas relaxes some virus restrictions across most of the state
  • U.K.’s demand for coronavirus tests far outstrips capacity
  • Goldman some traders home after Covid-19 case in Manhattan

Subscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click CVID on the terminal for global data on coronavirus cases and deaths.

Global Virus Cases Top 30 Million (7:50 a.m. HK)

Global coronavirus cases topped 30 million, with infections showing no signs of slowing more than six months after the pandemic was declared. The U.S., India and Brazil continue to make up more than half of the world’s cases, with India emerging as the new epicenter, reporting nearly 100,000 infections a day.

The global death toll from the pandemic is approaching 1 million, with the U.S. topping the list with almost 200,000 fatalities. Many health experts believe the actual number of cases and deaths is much higher than what’s been reported.

The virus is spreading at a rate of 1 million cases every four or five days. From France to South Korea, former hotspots that had brought the virus under control are fighting fresh outbreaks, complicating efforts to reopen economies. Governments, health experts and individuals are keeping a laser focus on the development of an effective vaccine to rein in the pandemic.

Singapore, Switzerland Lead Vaccine-Distribution Push (7:54 a.m. HK)

Singapore and Switzerland are co-chairing the “Friends of the COVAX Facility” to promote vaccine multilateralism for Covid-19, Deputy Prime Minister Heng Swee Keat said in a Facebook post.

“Countries, international organizations and the private sector are joining forces to accelerate vaccine development, maximize manufacturing capacity, and ensure equitable distribution,” Heng wrote. Singapore is an early supporter of the COVID-19 Vaccine Global Access Facility, he said.

Houston Mayor Wary of Easing Restrictions (7:10 a.m. HK)

Houston’s governor expressed hesitation about state Governor Greg Abbott’s decision to ease restrictions on businesses across most of the state. Those plans drew criticism from Democratic officials who warned the Republican governor’s measures are imprudent.

“That is a little bit more aggressive than I would prefer in announcing the next round of reopenings,” Houston Mayor Sylvester Turner said Thursday, the same day Abbott announced the loosening of restrictions. “I would caution anyone from claiming any sort of victory over this virus. We are still not in normal times.”

Argentina Reports Daily Record for Cases (6:55 a.m. HK)

Argentina reported 12,701 new Covid-19 cases and 232 deaths Thursday, according to the government. Total Covid-19 cases now stand at 601,713, with 12,460 fatalities.

Goldman Sachs Sends Traders Home (5:55 a.m. HK)

Goldman Sachs Group Inc. sent some traders home from its Manhattan headquarters after at least one employee tested positive for Covid-19, according to people with knowledge of the matter.

A quarantine was imposed on a select group directly exposed to the infected worker, said people who asked not to be identified because the information isn’t public. The bank is moving forward with plans to start bringing back staffers across most divisions, telling some of them to prepare for week-in, week-out rotational shifts starting in October, the people said.

“Our people’s safety is our first priority, and we are taking appropriate precautions to make sure our workplaces remain safe for those who choose to return,” Leslie Shribman, a spokeswoman for Goldman Sachs, said in a statement Thursday.

Brazil’s Government Sees Pandemic Slowing (5:30 p.m. NY)

New cases and deaths are slowing in all regions of Brazil, according to the Health Ministry.

Confirmed cases increased by 36,303 in the last 24 hours to almost 4.46 million. Deaths rose by 829 to 134,935, Thursday’s data showed.

AstraZeneca Rejects Nerve Ailment Report (4:20 p.m. NY)

AstraZeneca Plc, the drugmaker working with the University of Oxford on a Covid-19 vaccine, contradicted a report that a volunteer in U.K. trials developed a rare nerve disease that might signal severe safety problems.

AstraZeneca was responding Thursday to a CNN report citing documents indicating that the diagnosis of the participant was confirmed as transverse myelitis. The diagnosis was “based on preliminary findings” and is inaccurate, the Cambridge, England-based drugmaker said in an emailed statement.

U.S. Cases Rise 0.6% (4 p.m. NY)

Coronavirus cases in the U.S. increased 0.6% compared with the same time Wednesday, to 6.65 million, according to data collected by Johns Hopkins University and Bloomberg News. The increase matched the average daily gain over the past week. Deaths reached 197,244.

  • Florida reported 674,456 cases, up 0.5% from a day earlier, compared to an average 0.4% increase in the previous seven days. Deaths reached 13,086, an increase of 1.1%, or 147
  • Arizona reported 1,753 new virus cases, the most for a single day since Aug. 1. The surge — a 0.8% increase compared with 0.2% for the prior seven-day period — brought the total number of cases to 211,660
  • California reported 3,238 new cases, a 0.4% increase and slightly less than the 14-day average of 3,502. The average rate of positive tests fell to 3.5% from 3.6%, a new low in state data. Governor Gavin Newsom said Wednesday that California has turned the corner after a summer surge. Deaths increase by 106, bringing the total to 14,721
  • Wyoming cases rose 2.9%, bringing the total to 4,566

Moderna, Pfizer-BioNTech Publish Vaccine Trial Plans (3:20 p.m. NY)

Makers of two of the leading coronavirus candidates disclosed detailed information about their pivotal late-stage clinical trials and how they plan to gauge their shots’ safety and effectiveness.

The moves by Moderna Inc., followed within hours by similar disclosures from Pfizer Inc. and partner BioNTech SE, follow concern that the effort to develop a Covid-19 is becoming politicized and that an inoculation could be rushed to market before it’s proven safe and effective.

University of Tennessee Scraps Spring Break (2:10 p.m. NY)

The University of Tennessee canceled next year’s spring break, Knoxville-based broadcaster WVLT reported. School officials said the change will reduce the potential for travel-related spread of Covid-19 and allow the university to maintain the required number of teaching days, according to the report.

White House Cites $25 Billion for Airlines (1:55 p.m. NY)

President Donald Trump would support narrow legislation to provide more financial aid to airlines, White House Chief of Staff Mark Meadows said Thursday after meeting with industry executives.

Meadows said the industry needs $25 billion, and that as many as 50,000 jobs are at risk. Airlines have warned that they plan mass reductions after an existing federal prohibition on job cuts expires Sept. 30.

U.K. Test Demand Is Outstripping Capacity (1:45 p.m. NY)

Demand for coronavirus tests is “significantly outstripping” the capacity available, the U.K.’s testing chief said.

The number of people calling the Covid-19 phone helpline and visiting the government website totaled three to four times the number of tests, Dido Harding, head of the National Health Service Test and Trace program, told the House of Commons Science and Technology Committee on Thursday.

Harding was giving evidence as the government’s testing program comes under increasing pressure to deal with a surge in demand following the return of children to school and as people head back to work. To compound matters, cases are rising exponentially again after falling off over the summer.

France’s Cases Surge (1:30 p.m. NY)

France reported the most new daily coronavirus cases since the end of the country’s lockdown in May.

Cases rose by 10,593 on Thursday, according to data from the public health agency, the second time in six days that new infections topped 10,000. Deaths linked to the virus increased by 50 to 31,095.

Earlier Thursday, Health Minister Olivier Veran warned Covid-19 is “very active” again in the country, adding that “we are now seeing the number of Covid patients in intensive care go up in a worrying way.”

Hans Kluge, the World Health Organization’s regional director for Europe, said the region is showing “alarming rates of transmission.” The September case numbers “should serve as a wake-up call for all of us,” he added.

Texas Eases Restrictions (1:25 p.m. NY)

Texas Governor Greg Abbott relaxed virus restrictions across most of the state, citing plummeting hospital admissions.

Restaurants, retail stores, office buildings, factories, gyms and museums will be allowed to operate at 75% of capacity starting Sept. 21, Abbott said Thursday. That’s up from the 50% limit in place since late June, when a resurgence in Covid-19 cases prompted him to reverse an earlier opening order.

The easing of restrictions applies to 19 of the Lone Star state’s 22 hospital regions. Abbott said patient tallies were still too high in three regions — the Rio Grande Valley, Laredo and Victoria — to relax the limits just yet.

Ireland Adds 240 Cases, One Death (1:10 p.m. NY)

Ireland reported 240 more coronavirus cases and one death ahead of an expected increase of restrictions in Dublin. The Irish capital accounted for about half the newly diagnosed cases.

The government is expected to sign off Friday on boosting restrictions in Dublin to the next level, including keeping pubs that don’t serve food closed and tightening limits on travel outside the city.

Spain’s Virus Pace Slows (12:45 p.m. NY)

Spain reported 4,541 daily new cases, down from 4,728 a day earlier. Deaths declined for the fourth straight day to 19, according to Health Ministry data. That compares to more than 800 on several days in March, when the pandemic first ravaged Europe.

Mexico Extends Land Travel Restriction at U.S. Border (12:30 p.m. NY)

Mexico will extend land travel restriction at its border with the U.S. through Oct. 21, the Foreign Affairs ministry said in tweet. The extension came after a review of the virus spread.

More Top Brazil Officials Infected (12:30 p.m. NY)

The swearing-in ceremony of Brazil’s chief justice last week is emerging as the potential source of a new cluster of coronavirus infections among the country’s political elite.

Lower house Speaker Rodrigo Maia was diagnosed Wednesday, becoming the fifth senior government official to test positive for Covid-19 after attending the event. Maia is currently experiencing mild symptoms and is being treated at his official residence in Brasilia, where he will remain in isolation respecting medical recommendations, his press office said in a statement.

U.K. Adds Singapore, Thailand to Travel Corridor List (12:05 p.m. NY)

U.K.’s government will no longer be asking people arriving from Singapore and Thailand to quarantine as they enter the country, Transport Secretary Grant Shapps said in a tweet. Slovenia and Guadeloupe were removed from the Travel Corridor list, so travelers arriving from those countries will be asked to self-isolate.

New York Case Trend Stable (11:20 a.m. NY)

New York recorded 896 new virus cases, Governor Andrew Cuomo said on Twitter. It’s a 0.2% increase that matches the previous seven days’ average.


Today’s update on the numbers:
Of the 91,504 tests reported yesterday, 896 were positive (0.98% of total).
Total hospitalizations are at 486.
Sadly, there were 3 COVID fatalities yesterday.
5:18 PM · Sep 17, 2020


See the latest COVID-19 information on Twitter

Portugal’s Cases Soar to April Levels (10:43 a.m. NY)

Portugal reported the most new cases since April, an increase of 770 that brought the total to 66,396. The number of Covid-19 patients in the hospital and ICU care fell.

Portugal reported more than 600 confirmed cases on six of the last nine days. Authorities on Tuesday set a nationwide cap of 10 people for most public gatherings, expanding a rule in place in Lisbon. The previous limit outside the capital was 20.

N.Y. Middle, High School Openings Delayed to Oct. 1 (10:30 a.m. NY)

New York Mayor Bill de Blasio announced a revised schedule for in-person schools that will delay kindergarten through eighth grade openings to Sept. 29 and middle and high schools until Oct. 1.

Learning will begin remotely Sept. 21 for all but pre-kindergarten pupils and those with severe developmental disabilities.

U.S. Jobless Claims Resume Drop (8:39 a.m. NY)

The number of Americans applying for jobless benefits resumed its decline, signaling a gradual improvement in the battered labor market.

Jobless claims in regular state programs decreased by 33,000 to 860,000 in the week ended Sept. 12, which coincides with the reference period for the government’s monthly jobs report, according to Labor Department figures released Thursday. Continuing claims, the total number of Americans on state benefit rolls, fell by almost 1 million, to 12.6 million, in the week ended Sept. 5.

Economists expected initial claims of 850,000 and continuing claims of 13 million, according to median estimates in a Bloomberg survey.

Austria Tightens Virus Measures (8:38 a.m. NY)

Austria is banning indoor meetings of more than 10 people from Monday after bars, clubs and private parties fueled new infections. “We are noticing that we have an exponential increase of infections,” Chancellor Sebastian Kurz told journalists in Vienna. “We have to react now to avoid a second lockdown.”

Mask requirements were also widened to include markets and religious services and face coverings will have to be worn in restaurants while not seated, Kurz said. The 7-day average of daily new infections has risen for 12 straight days and more than doubled in that period to 658 as of Thursday. The number of active virus cases passed 7,000, a level last seen during the lockdown in April.

— With assistance by Michael Arnold

Source: Read Full Article