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Coronavirus

Walkout At Fiat Chrysler Windsor Assembly Over Coronavirus Danger

Canada - Workers at the Fiat Chrysler Windsor Assembly Plant walked off the job Thursday over concerns about the spread of coronavirus at their plant and after learning that a worker at the FCA Kokomo Transmission Plant in the United States was diagnosed with the potentially deadly disease. Windsor Assembly is the largest FCA plant in Canada and employs 6,000 workers building the Dodge Caravan and Chrysler Pacifica vans. Plant management confirmed that one worker at Windsor Assembly was on self-quarantine after their possible exposure to the virus. According to the latest reports, management got production restarted Friday afternoon following the intervention of the federal Ministry of Labour and the Unifor union.

Coronavirus, Economic Networks, And Social Fabric

The COVID-19 pandemic offers intriguing insights into how networked our modern world has become, and how we’ve traded resilience for economic efficiency. Case in point: someone gets sick in China in December of 2019, and by March of 2020 the US shale oil industry is teetering on the brink. What set off this unraveling? It was China’s deliberate—and arguably necessary—pull-back from economic connectivity. This tells us something useful about networked systems: unless there is a lot of redundancy built into them, any one node in the network can affect others. If it’s an important node (China has become the center of world manufacturing), it can disrupt the entire system. What would redundancy actually mean? 

Corona Virus And The Digital Divide

It is not lost on some that, all of a sudden, paid sick leave is obviously socially important; understaffed hospitals are an outrage; and, really, shouldn’t the government be paying for this…? I mean, it’s community health we’re talking about!  And all it took was a little pandemic—an outbreak that, as it just happens, doesn’t confine itself to low-income or non-white people. The New York Times‘ Farhad Manjoo (3/11/20) tried wistfully to imagine US companies and politicians taking seriously the coronavirus lesson of the need for a real social safety net and worker protections. Journalists could also themselves keep focus on enduring fissures that a public health crisis throws into relief. For example, as more schools move classes online, we could talk about the minimally 12 million, disproportionately African-American and Latinx students who don’t have internet access at home.

We Need Strong Public Health Care To Contain The Global Corona Pandemic

The corona virus (COVID-19) outbreak has spread from China to over a hundred countries in less than two months. As of March 10th, confirmed cases were above 100.000 and deaths over 4.000. Now is the time to take stock and to assess the responses of different countries to the outbreak so far.

Could Coronavirus Kill A Million Americans?

Soon after I became director of the U.S. Centers for Disease Control and Prevention (CDC) in June of 2009, I was asked to brief President Barack Obama about the emerging pandemic of H1N1 influenza. It was the first time I had briefed the president, there was a blizzard of information from CDC’s experts, and I had a videocall with dozens of CDC professionals—most of whom didn’t know I was about to brief the president...

Coronavirus Exposes The Cracks In Globalization

The coronavirus will eventually pass, but the same cannot be said for the Panglossian phenomenon known as “globalization.” Stripped of the romantic notion of a global village, the ugly process we’ve experienced over the past 40 years has been a case of governmental institutions being eclipsed by multinational corporations, acting to maximize profit in support of shareholders.

Global Financial Asset Deflation Underway: Prelude to Next ‘Great Recession’?

This morning, Monday, March 9, financial asset markets continue to implode: US stocks are further collapsing -6% (Dow down 1650, Nasdaq >500 mid-day). Ditto Asian and Europe stock markets -6%. They were already declining sharply last week due to coronavirus induced supply chain shocks (reducing production) and expanding demand shocks (consumer spending contraction in select industries like travel, hotels, entertainment)...

Financial Meltdown: The Impending Credit Crunch; The Next Shoe To Drop?

Investors perception of the Fed’s role in fueling rallies, micromanaging the markets and providing a safety-net whenever stocks fall, has reached a critical tipping point. For the last decade, the Central Bank’s low rates, endless liquidity and frequent interventions have conditioned investors to ignore fundamentals and, instead, base their decisions on the Fed’s accommodative policy.

Coronavirus – The Hidden Cases – Why We Must Shut Everything Down And Do It Now

There will not even be an attempt to do like China or South Korea which have thrown all resources at stopping the spread of the virus while it was still possible. The 'west' now seem to be beyond that point. The British Prime Minister Boris Johnson floated the idea to "take it on the chin" -  i.e. to do nothing to soften the blow the epidemic will cause. Chancellor Angela Merkel in Germany told her parliamentary group that 60-70% of all Germans will catch the virus.

Amid COVID-19 Outbreak, The Workers Who Need Paid Sick Days The Most Have The Least

The United States is unprepared for the COVID-19 pandemic given that many workers throughout the economy will have financial difficulty in following the CDC’s recommendations to stay home and seek medical care if they think they’ve become infected. Millions of U.S. workers and their families don’t have access to health insurance...

CDC Tested Only 77 People This Week; Coronavirus Testing Slow Around The Nation

WASHINGTON — Despite insistent promises from the Trump administration, coronavirus testing in the United States appears to be proceeding with a marked lack of urgency. An examination of state and federal records by Yahoo News finds that American states are, on average, testing fewer than 100 people per day — while the Centers for Disease Control and Prevention had tested fewer than 100 people total in the first two days of this week.

BigPharma’s Role: U.S. Sanctions Lead To Global Rise In Coronavirus

March 10 – As COVID-19 (coronavirus) spreads, it is a clear reminder that germs and viruses don’t respect national boundaries in an interconnected world. But the mainstream press has certainly not publicized how corporate capitalism and imperialism cross national boundaries to destroy people’s health.

Six Quick—But Very Important—Points About Coronavirus And Poverty In The US

In the United States, tens of millions of people are at a much greater risk of getting sick from the coronavirus than others.  The most vulnerable among us do not have the option to comply with suggestions to stay home from work or work remotely. Most low wage workers do not have any paid sick days and cannot do their work from home. 

Coronavirus: New York Won’t Close Schools Because Homeless Kids Have Nowhere Else To Go

As the number of cases of COVID-19 in the tri-state area rises to over 150, Governor Andrew Cuomo has declared a state of emergency across New York State. Local universities like Hofstra, Columbia and Yeshiva have shut their doors on students today. But the city has no plans to close public k-12 schools – because tens of thousands of homeless children have nowhere else to go.

Why Can’t America Handle The Coronavirus Crisis?

The stock market was down by roughly 8% today, and the Trump administration seems to have no coherent view of what to do in the face of an epidemic. The response has been pretty ugly, everything from the Centers for Disease Control refusing to allow states to test people for coronavirus to White House official Larry Kudlow going on TV saying that the stock market declines are an opportunity to buy stocks.

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