This is your September 2, 2020, Daily Update. The big things happening today you need to pay attention to. Follow the daily updates here.
The effects of the pandemic lockdown continue to be realized, and measures across the globe as 2nd quarter economic reports are released. India reported its largest economic contraction on record with a near 24% contraction. Brazil’s economy shrank by 9.7% in the second quarter of 2020 compared to the first quarter. Australia has officially entered its first recession in almost thirty years. Australia’s economy shrank by 7% in the second quarter.
In the US, expect conditions to worsen as no plan for economic recovery has been established. A recent report suggests that 21% of America’s small businesses could close if conditions do not improve in the next six months.
Indonesia’s healthcare workers are taking the brunt of the country’s coronavirus outbreak. Nearly two hundred healthcare workers in the country contracted the virus, the highest rate in the world.
In Nigeria, doctors went on strike, saying the government had not kept its promise to provide hazard pay for their efforts on the frontlines against the pandemic.
US Pandemic – September 2, 2020, Daily Update
The United States said it would not join an international effort to develop a coronavirus vaccine, partially due to the involvement of the World Health Organization (WHO). This decision amplifies the Trump administration’s refusal to cooperate with the WHO but should also be understood through a measured perspective. As described in the recent Intelligence Brief from the End of History, the US is involved in multiple international efforts for the development of a coronavirus vaccine.
The Centers for Disease Control and Prevention (CDC) issued an order to halt evictions for renters across the country affected by the coronavirus. The new order is in effect for the next four months. Renters will have to prove their economic hardship is the result of the coronavirus, and landlords who evict qualified renters could face criminal prosecution. Critics say the order does not go far enough, as it only shifts the economic burden to landlords who also need relief.
The mayor of New York said he would delay the start of school for two weeks after teachers continued to voice concerns about a return to school during the pandemic. The move by Mayor de Blasio seemed to delay an expected strike from the city’s teachers. Critics note the mayor and the teachers’ union had six months to prepare for a return to school amid the pandemic.
At a prison in Tennessee, three-quarters of the inmates tested positive for the coronavirus.
The Pentagon released its annual report on China Tuesday. The report noted that China is building up its nuclear and missile forces. The government of China has said the country aims to have a “world-class military” by 2035.
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