Circumstances for people in terms of wage replacement across the country. It is clear that the 600 that were added to the weekly unemployment benefit has offered some conflict but heres the reality of it. The reality is, you cant quit your job to get an extra 600 a week. But secondly, knowing that the pandemic with 30 million americans having filed for Unemployment Insurance that the contagion of the Health Care System would make its way into the contagion of the Economic System and people would have trouble paying their rent and mortgages. That was what this was about. The wage replacement issue, along with the extra 600, has gone a long way toward ameliorating some of that pressure. The other side knew this was coming. They knew that eventually, despite the procrastination, the argument that they were waiting to see how this would play out, now brings us to the eve of an economic catastrophe if Unemployment Insurance is not extended. You can see that right now that theres great uncer
It is the 32nd time this year the nasdaq has set a record close again. This morning, we are looking at a negative picture this morning, you are looking at red ar owes. S p indicated down by about 16 points everybody is waiting to see. At least right now, 10year looks like it is narrowing to 2. 5 jobs friday today. Forecasters will expect payroll to climb 1. 48 million after june gains shattered expectations a huge number this time around unemployment is expected to drop 10. 6 from 11. 1 from june well take you through 8 30 a. M. When those numbers actually hit. News breaking this morning for those of us in new york city who woke up and thought what just happened. Con edison investigating widespread outages. As an upper westsider, no power there. You lost power . A true black out. We are in 2020, what could go wrong . I looked around and thought, it is so dark what is going on is the nasdaq going to have power. What am i going to do . Here we are middown. You left connecticut to come to
After covid19 vaccine. We are going to be talking in particular of an Innovative New model to try to address the issues around how to encourage accelerated research and development of important vaccine candidates, but also, how they can produced and distributed in ways that take an International Perspective and a perspective of equity and a Public Healthdriven distribution approach. So, were going to be talking a lot about the covax and theres a slide for the audience to get more grounded in what is covax. Its the vaccine pillar of something called the act accelerator to speed up access to diagnostics, therapeutics and vaccines. There are three elements of the necessary tools for an effective medical and Public Health response. This was launched in april and it was really launched as a collaboration of both government, importantly including the European Union and their president , but also philanthropy and not for profit organizations coming together, recognizing this critical need as
We established the commission in 2018, it is extending its work in the midst of the intimate through the fall of 2022. These issues are central to the work. We are undertaking. Peggy, one of our commissioners, will be presiding. She recently stepped down from the National Academy of medicine, and was the president of the American Association for the advancement of science, and the former fda commissioner, and former Health Commissioner for the city of new york. We published an analysis that is a companion to this event. S it possible to avert chaos in the vaccine scramble . It is available at csis. Org. The proposition is nationalism dominates the scramble for vaccines. And there is a certain highrisk that low Income Countries will be left out, subject to great delay and uncertainty commander this will have destabilizing consequences. Paper have in our examined operation warp speed, what china is up to, and we have put focus on a Promising Initiative that we will hear about in a moment
A social power kc. 2020 has been the last year for south america in particular. The pandemic has been merciless in exposing the weaknesses of the continent. This is the coated 900 section of the cemetery in manali the metropolis of the heart of brazils amazon in may it saw steady flow of relatives coming in they didnt have long to say goodbye to their dead just a few minutes at the coffins before their loved ones are transported to their last resting places 5 coffins at a time they have to be fast. Only 5 relatives are allowed to bid farewell to each of the dead due to the risk of infection the number of mourners is limited lindy ramos his mother in law died aged 71 from the virus why. She died slowly 1st her kidneys failed then the virus attacked her brain but not her lungs finally she died there was no intensive care bad free for her thats why shes dead now. She was buried in a makeshift mass grave with no time for a funeral ceremony 4 times as many people as usual are currently bein