Tuesday, 3 November 2020

Tuesday Morning Briefing: Americans go to polls after tumultuous campaign

U.S. Elections

Americans head to the polls on Tuesday to conclude a bitter and divisive U.S. election campaign, as Republican President Donald Trump seeks to overcome Democratic rival Joe Biden’s lead in opinion polls to win four more years in the White House. The voting caps a campaign dominated by the coronavirus pandemic that has killed more than 231,000 people in the United States and put millions out of work.

Millions of Americans will cast ballots in an Election Day unlike any other, braving the threat of COVID-19 and the potential for violence and intimidation after one of the most polarizing presidential races in U.S. history. In and around polling places across the country, reminders of a 2020 election year shaped by pandemic, civil unrest and bruising political partisanship will greet voters, although more than 90 million ballots have been already submitted in an unprecedented wave of early voting.

Results in Arizona hinge on Maricopa County, the fourth most-populous county in the nation with 4.5 million residents, including 1.4 million Hispanics. The county voted narrowly for Donald Trump in 2016. But its demographics and politics have shifted the past four years. Arizona’s 11 electoral votes could be key to Biden’s path to victory, and Democratic strategists hope higher Latino turnout will help shift the state in his favor.

A federal judge in Texas denied a bid by Republicans to throw out about 127,000 votes already cast in the presidential election at drive-through voting sites in Houston, a Democratic-leaning area. The plaintiffs had accused Harris County Clerk Chris Hollins, a Democrat, of acting illegally when he allowed drive-through voting as an alternative during the coronavirus pandemic.

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ELECTION DAY: Keep up-to-date with everything you need to know about the presidential contest with our liveblog.

What you need to know about coronavirus

UK to pilot new mass testing approach
Britain will launch a COVID-19 mass testing pilot scheme in Liverpool this week, offering everyone tests whether or not they have symptoms, in an attempt to find a new way to use testing to limit the spread of the virus.

Prime Minister Boris Johnson promised a “world-beating” national test-and-trace system earlier this year, where people with symptoms get tested and the contacts of positive cases are asked to self-isolate. But the scheme has disappointed and the government’s scientific advisory body said last month its impact on transmission was marginal.

A second national lockdown is due to come into force in England on Thursday.

Ukraine close to catastrophe, minister says
The situation in Ukraine is close to catastrophic and the nation must prepare for the worst, health minister Maksym Stepanov said.

Ukraine registered a record 8,899 new COVID-19 cases in the past 24 hours, up from the Oct. 30 high of 8,312. Total infections stood at 411,093 by Tuesday with 7,532 deaths.

The situation quickly turns from difficult to catastrophic. We need to prepare for the inevitable - it is impossible to easily pass the second wave,” Stepanov told parliament.

France considers new Paris curfew
France could reimpose a night curfew on Paris, and possibly the Ile-de-France region around the capital, amid government frustration that too many people are ignoring a new lockdown.

France dramatically slowed the spread of the virus in the spring with one of Europe’s most draconian lockdowns. But 10 months into the epidemic and with winter drawing in, many people are reluctant to endure another period of confinement.

“It’s unbearable for those who respect the rules to see other French people flouting them,” government spokesman Gabriel Attal told BFM TV. “There is an attitude of what will be will be.”

Poland weighs more curbs
Polish authorities are considering tightening restrictions, the prime minister’s chief of staff said, but added any steps would stop short of a severe lockdown.

Michal Dworczyk was speaking ahead of the release of official data showing the total number of infections had passed 400,000 after doubling in less than two weeks.

The government has already closed gyms, swimming pools, and limited restaurants’ activity to selling food for take away only.

T-cell study adds to debate over duration of immunity
A small but key UK study has found that “cellular immunity” to the pandemic SARS-CoV-2 virus is present after six months in people who had mild or asymptomatic COVID-19 - suggesting they might have some level of protection for at least that time.

Scientists presenting the findings, from 100 non-hospitalized COVID-19 patients in Britain, said they were “reassuring” but did not mean people cannot in rare cases be infected twice with the disease.

“While our findings cause us to be cautiously optimistic about the strength and length of immunity generated after SARS-CoV-2 infection, this is just one piece of the puzzle,” said Paul Moss, a professor of haematology at Britain’s Birmingham University who co-led the study.

Track the global spread with our live interactive graphic.

Breakingviews

Catch up on the latest pandemic-related insights, from beer masks to office sharing, in the latest edition of Corona Capital.

Business

Exclusive: Tired of Trump, Deutsche Bank wants out but sees no good options - sources

Deutsche Bank is looking for ways to end its relationship with President Donald Trump after the U.S. elections, as it tires of the negative publicity stemming from the ties, according to three senior bank officials with direct knowledge of the matter.

6 min read

Analysis: Progressive or moderate? How a Biden cabinet could affect U.S. stocks

Should Democratic challenger Joe Biden prevail, as polls suggest, some on Wall Street are looking ahead to his cabinet picks to gauge whether he will govern as a business-friendly moderate or promote progressive legislation that could weigh on sectors such as financials and oil but bolster clean energy.

6 min read

Factbox: A second Trump term could mean fewer regulations, more trade wars and high TV ratings

If President Donald Trump secures a second term in the White House, look for an auto emissions battle with California, a bid to downsize Big Tech and more strong audience ratings for cable news.

8 min read

Analysis: Investors brace for another wild ride on U.S. Election Night

On Tuesday night, James McDonald plans to sit among 19 computer screens in his Los Angeles office, waiting for the right moment to pounce on what he hopes will be one of his most profitable trades of the year.

5 min read

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