Connect with us

World News

Australia’s Victoria deploying military to curb coronavirus: Live | News

Published

on

  • Australia’s second-most populous state Victoria said on Tuesday that 500 military personnel will be deployed to enforce COVID-19 isolation orders, with anyone caught in breach of those rules facing hefty fines as high as $14,250.
  • Latin America broke through five million confirmed cases of COVID-19, a Reuters tally showed, underscoring the region’s position as the area of the world hardest hit by the pandemic. It has already reported more than 200,000 deaths.
  • Brazil has reported that coronavirus cases in the country rose by 16,641 to 2,750,318 while deaths rose by 561 to 94,665.
  • More than 18.28 million people around the world have been diagnosed with the new coronavirus as of Tuesday, up more than 280,000 in just one day. More than 10.9 million have recovered, and more than 693,000 have died.

Here are the latest updates:

Tuesday, August 4

05:21 GMT – South Korea reports 34 new COVID-19 cases, mostly from abroad

South Korea has reported 34 more cases of the coronavirus, with the number of imported cases almost twice that of local infections, Yonhap news agency reported on Tuesday.

The 21 imported cases and 13 local infections raised country’s total COVID-19 infections to 14,423, according to the Korea Centers for Disease Control and Prevention (KCDC).

The accumulated number of imported cases reached 2,482 in South Korea.

But the country reported no additional deaths, with the death toll remaining at 301, while the number of patients fully cured of the virus reached 13,352, up 72 from the previous day.

05:00 GMT – Trump nursing home plan limits supply of free COVID-19 tests

The Trump administration’s plan to provide every nursing home with a fast COVID-19 testing machine comes with an asterisk: The government won’t supply enough test kits to check staff and residents beyond an initial couple of rounds.

A programme that sounded like a game changer when it was announced last month at the White House is now prompting concerns that it could turn into another unfulfilled promise for nursing homes, whose residents and staff represent a tiny share of the US population but account for as many as 4 in 10 coronavirus deaths, according to some estimates.

“I think the biggest fear is that the instruments may be delivered but it won’t do any good, if you don’t have the test kits,” said George Linial, president of Leading Age of Texas, a group that represents nursing homes.

The weekly cost of testing employees could range from more than $19,000 to nearly $38,000, according to estimates by the national organisation.

The Trump administration said nursing homes could cover the cost of ongoing testing from a $5bn pot provided by Congress, and allocated to the facilities by the White House.

04:30 GMT – UN chief warns world facing ‘generational catastrophe’ on education

UN Secretary-General Antonio Guterres has warned that the world faces a “generational catastrophe” because of school closures amid the coronavirus pandemic and said that getting students safely back to the classroom must be “a top priority”, according to Reuters news agency.

Guterres said that as of mid-July schools were closed in some 160 countries, affecting more than 1 billion students, while at least 40 million children have missed out on pre-school.

This came on top of more than 250 million children already being out of school before the pandemic and only a quarter of secondary school students in developing countries leaving with basic skills, he said in a video statement.

“Now we face a generational catastrophe that could waste untold human potential, undermine decades of progress, and exacerbate entrenched inequalities,” said Guterres as he launched a U.N. “Save our Future” campaign.

Sri Lanka

According to the UN chief, as of mid-July schools were closed in some 160 countries, affecting more than 1 billion students [File: Chamila Karunarathne/EPA]

04:00 GMT – China and Hong Kong report fewer coronavirus cases

Both mainland China and Hong Kong reported fewer new cases of COVID-19 on Tuesday as strict measures to contain new infections appear to be taking effect, according to AP news agency.

Mainland China announced 36 new cases across the country, down from 43 the previous day. Of those, 28 were in the northwestern region of Xinjiang and two in Liaoning province in the northeast.

Another six cases were brought by Chinese arriving from overseas. No new deaths were registered , leaving China’s total at 4,634 among 84,634 cases reported since the virus was first detected in the central Chinese city of Wuhan late last year.

Hong Kong reported 78 new cases over the previous 24 hours, the first time in almost two weeks that new cases had fallen into double-digits.

03:35 GMT – US adds more the 48,000 new COVID-19 cases, 582 deaths

The United States has added 48,395 new coronavirus cases pushing the total number to 4.73 million, according to a Reuters news agency tally.

Reuters also reported another 582 deaths, adding to the total of almost 156,000.

03:20 GMT – Germany’s confirmed coronavirus cases rise by 879 to 211,281

The number of confirmed coronavirus cases in Germany increased by 879 to 211,281, Reuters reported on Tuesday quoting data from the Robert Koch Institute (RKI) for infectious diseases.

The reported death toll rose by eight to 9,156, the tally showed.

02:45 GMT – Australia’s Victoria deploys military, imposes fine for breach of isolation orders

Australia’s second-most populous state Victoria said on Tuesday that it will deploy its military and that anyone who has contracted COVID-19 and caught outside their home in breach of isolation orders will face fines of as much as A$20,000 ($14,250), according to Reuters news agency.

Victoria state earlier this week imposed a nightly curfew, tightened restrictions on people’s movement and ordered large parts of the local economy to close to slow the spread of coronavirus.

But state Premier Daniel Andrews said nearly a third of those who had contracted COVID-19 were not home when checked on by officials, requiring tough new penalties to stop community transmission.

Andrews also said 500 military personnel will this week deploy to Victoria to bolster enforcement of self-isolation orders.

02:05 GMT – Filipino doctors to Duterte: We never called for revolt

Philippines - lockdown

The Philippine capital, Manila, and four nearby provinces have been placed under a new lockdown starting on Tuesday until August 18 [Eloisa Lopez/Reuters]

A organisation representing thousands of doctors in the Philippines has issued a new statement saying they have not called for a revolution against the administration of President Rodrigo Duterte.

The doctors also said that there was no threat from their group to leave patients “since our oath instructs us to first do no harm to anyone who needs our help.”

This after a furious Duterte, dared medical workers early on Monday to “revolt” against him, after they demanded a new lockdown order to help the spread of the coronavirus.

As of the end of Monday, there were over 106,000 cases reported in the Philippines and more than 2,000 deaths. The Philippine capital, Manila, and four nearby provinces have been placed under a new lockdown starting on Tuesday until August 18.

01:50 GMT – Italy reports 159 new coronavirus cases

The number of new confirmed cases of the coronavirus in Italy has fallen below 200 for the first time in a week, with 159 new cases registered, according to AP news agency quoting the health ministry.

That brings the total number of cases in Italy to 248,229 and deaths to 35,166 as of the end of Monday.

Lazio, the central region that includes Rome, now has the highest number of patients hospitalized for COVID-19 in Italy’s 20 regions. Health officials said nine of the region’s new cases were brought by travelers from abroad.

Two clusters of infections have also been traced to popular seaside areas near Rome. Monday figures tend to be lower since they often don’t include tallies from the weekend.

01:26 GMT – Australia’s Victoria reports 439 new coronavirus cases

Australia’s state of Victoria reported at least 439 new coronavirus cases on Tuesday.

Victoria has declared a state of disaster and imposed strict lockdown following the surge in cases of the disease, also known as COVID-19.

Australia has reported over 18,300 cases and 221 deaths.

01:00 GMT – Mexico reports 4,767 new coronavirus cases, 266 more deaths

Mexico’s health ministry has reported 4,767 new confirmed coronavirus cases and 266 additional fatalities, bringing the total in the country to 443,813 cases and 48,012 deaths, according to Reuters news agency.

The government has said the real number of infected people is likely significantly higher than the confirmed cases.

Mexico - coronavirus

With more than 48,000 confirmed deaths, Mexico is already the third country in the world with the most deaths due to the coronavirus pandemic [Jorge Núñez/EPA]

00:31 GMT – Hong Kong to build temporary hospitals for COVID-19: report

The South China Morning Post has reported that Hong Kong is planning to build at least two temporary hospitals as part of its response to contain the spread of the coronavirus in the semi-autonomous Chinese city.

The report said that the temporary hospitals could accommodate as many as 2,400 beds.

The latest development comes as cases continue to rise over the last few days. The city has reported at least 3,589 cases, with 38 related deaths. However, the latest number of cases reported was much lower that previous days, when reported new infections hit over 100 daily.

00:05 GMT – Chief of staff to Brazil’s Bolsonaro tests positive for coronavirus

Brazilian President Jair Bolsonaro’s chief of staff, Army General Walter Souza Braga Netto, has tested positive for COVID-19, his office said on Monday, becoming the seventh Brazilian minister to have contracted the disease.

Braga Netto is doing well and has no symptoms, according to Reuters News Agency quoting a statement from the government.

Netto will remain in isolation until a new examination and medical evaluation is carried out, and will continue to work remotely.

Last week, Bolsonaro’s wife and one of his ministers tested positive for COVID-19. Bolsonaro also contracted the disease, but his latest test showed he was no longer infected.

00:01 GMT – Latin America hits five million COVID-19 cases

Latin America has broken through five million confirmed cases of COVID-19, a Reuters tally showed, underscoring the region’s position as the area of the world hardest hit by the novel coronavirus pandemic.

The more than 10,000 new cases Colombia’s health ministry reported on Monday pushed the region past the 5 million mark, a day after the Andean nation reported a record 11,470 cases.

Mexico has also racked up record numbers of new confirmed infections in recent days, registering more than 9,000 daily cases for the first time on Saturday, a day after Mexico overtook the UK as the country with the third-highest number of deaths caused by the coronavirus pandemic.

The region, which has now topped 200,000 deaths, is struggling to stall the spread of the virus, with infections picking up pace in many countries even as governments look to ease lockdowns and revive economic growth.

_______________________________________________________________

Hello and welcome to Al Jazeera’s continuing coverage of the coronavirus pandemic. I’m Ted Regencia in Kuala Lumpur, Malaysia.

For all the key coronavirus-related developments from yesterday, August 3, click here.

Source link

Continue Reading
Comments

World News

US debt projected to balloon to more than double GDP by 2051 | Debt News

Published

on

The non-partisan Congressional Budget Office warned that by 2051, the United States’ debt will skyrocket to 202 percent of its gross domestic product, up from 102 percent this year.

The U.S. federal debt will grow to more than double the size of the economy in three decades, increasing the risk of a fiscal crisis even though dangers appear low in the near term, the Congressional Budget Office said.

Debt will be equivalent to 202% of gross domestic product by 2051 from 102% this year, the nonpartisan arm of the legislature said Thursday in its long-term budget outlook. Its projection for 195% in 2050 was unchanged from the prior report, whose forecasts ran through that year.

Net interest payments on the debt are expected to remain relatively low for the next decade, then rise rapidly over the following 20 years, the CBO said. The agency projects 10-year Treasury yield, after inflation, at 2.6% in 2050. The nominal yield was at 1.54%, near the highest in more than a year, on Thursday.

The CBO also said that the two Social Security trust funds, for seniors and people with disabilities, will be exhausted later than the agency projected last year.

The report — which doesn’t reflect the $1.9 trillion stimulus plan currently working its way through Congress — follows the selloff in Treasuries over the past week that sent yields spiking. Investors are gaining more confidence that rates will move up, with U.S. growth and the labor market set for a stronger-than-expected uptick as vaccines roll out and states lift restrictions.

The CBO outlook’s debt projections will likely underpin already-firm opposition by Republicans to the relief plan, and could also concern some Democratic lawmakers as President Joe Biden prepares a followup multitrillion-dollar plan to build infrastructure and boost the economy in other ways.

“The risk of a fiscal crisis appears to be low in the short run despite the higher deficits and debt stemming from the pandemic,” the CBO said in the report. “Nonetheless, the much higher debt over time would raise the risk of a fiscal crisis in the years ahead.”

Federal Reserve Chairman Jerome Powell said Thursday that the U.S. economy still has a long way to go before the central bank considers tightening, and underscored that the low-inflation world of the past several decades is unlikely to change.



Source link

Continue Reading
Advertisement

Top Stories