Wednesday, 19 August 2020

Wednesday Morning Briefing: House Speaker Pelosi wants COVID-19 deal ‘now’

What you need to know about the coronavirus today

Pelosi wants COVID-19 deal ‘now’
U.S. House of Representatives Speaker Nancy Pelosi said that Democrats in Congress are willing to cut their coronavirus relief bill in half to get an agreement on new legislation.

“We have to try to come to that agreement now,” Pelosi said in an online interview with Politico. “We’re willing to cut our bill in half to meet the needs right now.”

A senior House Democratic aide said Pelosi was reiterating a standing call by Democrats for the White House and Republicans to meet them “half way” on coronavirus relief.

The Democratic-led House passed legislation with more than $3 trillion in relief in May. Democrats offered this month to reduce that sum by $1 trillion, but the White House rejected it.

Mass testing in UK
Britain plans to bring in regular, population-wide testing for the novel coronavirus so it can suppress its spread and limit restrictions that have crippled one of the worst-hit countries in the world.

Health Secretary Matt Hancock said the government was carrying out trials of a range of new, faster tests that can give instant results and hoped to roll them out towards the end of the year.

Prime Minister Boris Johnson’s government has been heavily criticized for its handling of the pandemic, with critics saying it was too slow to go into lockdown and too slow to roll out testing to know how far the virus had spread.

Church outbreaks spread in South Korea
South Korea reported its highest daily rise in novel coronavirus cases since early March as outbreaks from churches around the capital spread, prompting a warning of a nationwide wave of infections.

The 297 new infections mark the sixth straight day of triple-digit increases in a country that has managed to blunt several previous outbreaks.

At least 166 of the new infections are linked to the Sarang Jeil Church, taking the number of cases from it to 623.

Some members of the church, which is run by a radical conservative preacher, are reluctant to come forward and get tested, or to self-isolate, officials have said.

Part of NZ lockdown illegal
A New Zealand court found the first nine days of a hard lockdown put in place by the government this year requiring people to isolate at home was justified, but unlawful, as an order imposing stay-at-home restrictions was not passed until April 3.

“In the end, the measures taken by the government worked to eliminate COVID-19, save lives and minimize damage to our economy,” Attorney General David Parker said after the ruling.

Prime Minister Jacinda Ardern said on Wednesday she would increase the number of defense personnel at quarantine facilities and borders to beat any spread of the virus, as five new cases in the community were reported.

A warning from the Pope
Rich countries should not hoard a coronavirus vaccine and should only give pandemic-related bailouts to companies committed to protecting the environment, helping the most needy and the “common good”, Pope Francis said on Wednesday.

“It would be sad if the rich are given priority for the COVID-19 vaccine. It would be sad if the vaccine becomes property of this or that nation, if it is not universal and for everyone,” Francis said at his weekly general audience.

The World Health Organization said on Tuesday that any nation that hoards possible vaccines while excluding others would deepen the pandemic.

“The pandemic is a crisis and one never exits from a crisis returning to the way it was before,” Francis said.

Track the spread with our U.S-focused and global live graphics.

Breakingviews - Corona Capital: New Zealand, Traveling, Inflation. Read concise views on the pandemic’s financial fallout from Breakingviews columnists across the globe.

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U.S.

Democrats formally nominated Joe Biden for president, vowing his election would repair a pandemic-battered America and put an end to the chaos that has defined Republican President Donald Trump’s administration. The second night of the party’s four-night national convention, under the theme “Leadership Matters,” featured elder statesmen like former presidents Bill Clinton and Jimmy Carter, rising stars of the Democratic Party as well as prominent Republicans.

The re-election campaign of U.S. President Donald Trump has sued New Jersey, following a decision on Friday by its Democratic governor to mail a ballot to every voter in the state for November’s elections, as well as hold in-person voting amid the coronavirus pandemic. Governor Phil Murphy’s announcement came as Trump, a Republican, stepped up his attacks on voting by mail, which is expected to increase dramatically this fall because of the novel coronavirus.

A bipartisan majority of Americans want the government to spend more money on the U.S. Postal Service, and most agree that mail delivery will be a vital part of the November election, a Reuters/Ipsos public opinion poll released on Wednesday found. The Aug. 14-18 poll took place in the middle of an uproar over changes to mail service ordered by Postmaster General Louis DeJoy, a large donor to President Donald Trump.

Business

Exclusive: GM bets on electric Cadillacs and micro-vans to reverse China slide

General Motors is overhauling its Chinese line-up with a greater emphasis on electric cars and smart-driving technology to stem a slide in sales after more than two decades of growth in a country that contributes nearly a fifth of its profit.

8 min read

Target sales growth hits record as faster delivery boosts online demand

Target Corp reported its best quarterly comparable sales growth and online revenue that nearly tripled as shoppers lapped up videogames, kitchenware and clothes during the pandemic using the retailer’s same-day delivery services.

3 min read

Johnson & Johnson to buy Momenta for about $6.5 billion

Johnson & Johnson said on Wednesday it would buy Momenta Pharmaceuticals for about $6.5 billion in cash to bolster its portfolio of treatments for autoimmune diseases.

1 min read

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