| Need to Know |
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| Global Deaths Pass 200,000 |
The global number of reported coronavirus cases neared 3 million over the weekend, with the total number of deaths passing the grim milestone of 200,000. The US now accounts for roughly one-third of the total cases and a quarter of the total deaths. The death toll has passed 54,800 as of this morning, an 10% increase from Friday morning (see stats).
A number of stay-at-home orders expire across the country this week. Many governors look to begin easing restrictions, while others have preemptively extended the orders through mid-May or longer. Crowds flocked as beaches in Southern California reopened (see photos). See the current status in each state here.
Health experts warned a dramatic increase in testing capacity was needed for many locations to safely reopen. Estimates of how many tests are needed vary from 500,000 to many millions. More than 256,000 tests were conducted yesterday, up 50% over the past week. Track the data here.
Many European countries have begun or are expanding efforts to reopen their economies. An exception is the United Kingdom; Prime Minister Boris Johnson returns to work tomorrow under pressure to provide a clear plan for the country to begin easing restrictions. Officials in Wuhan, China, where the virus first emerged, said all remaining coronavirus patients had been discharged from the hospital.
President Trump drew swift criticism for appearing to speculate whether disinfectant could be used to treat coronavirus patients (watch here). The president later said the comments were sarcastic. Separately, the CDC officially recognized six new symptoms of the disease, including loss of taste and smell.
A vaccine candidate in China successfully protected monkeys from the virus and will be moved into human trials. Finally, a new report detailed how the virus is leading to blood clotting complications and strokes in otherwise healthy younger patients.
Have more questions? Check out our coronavirus resource page, where experts have curated nearly one hundred of the most useful data, articles, and more to help you make sense of the crisis. |
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| Deficit Projections |
The federal deficit will rise to $3.7T for fiscal year 2020, according to preliminary estimates from the Congressional Budget Office. The figure is almost four times last year's deficit and would push federal debt held by the public to 101% of gross domestic product by the end of the fiscal year. The rising figure reflects nearly $2.7T in stimulus spending over the past month intended to blunt the economic impact of the coronavirus.
Despite the support, the nonpartisan federal agency projects GDP to shrink by 5.6% compared to the previous year. Unemployment is expected to stay in double digits through 2021, with 8 million people expected to leave the labor force (see 101). The report forecasted GDP growth to rebound to 2.8% in 2021, a number still 6.7% below what was anticipated before the pandemic.
You can read the report here. |
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| Rumors Swirl in North Korea |
Speculation around North Korean leader Kim Jong Un continued to mount over the weekend, with new reports bolstering earlier claims of a health crisis. A Chinese medical team was also said to have been dispatched to the country to advise on Kim's health. He hasn't been seen since April 11, when sources say he underwent some type of heart surgery. He also missed an April 15 ceremony honoring his grandfather, state founder Kim Il Sung.
It isn't unusual for North Korean leaders to disappear from public view, though the country's silence fueled speculation. Analysts spotted Kim's train at a coastal complex positioned for departure, though the imagery provided no clues as to his health. Both US and South Korean officials have emphasized they have noticed no unusual activity.
Take a look at who might succeed Kim in the event of an emergency here. |
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| In the Know |
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| Sports, Entertainment, & Culture |
| > NFL Draft pulls in 15.6 million TV viewers, surpassing any previous draft (More) | See round-by-round picks and grades for every team (More) | Former No. 1 draft pick Jameis Winston signs one-year deal with New Orleans Saints after being displaced in Tampa Bay by Tom Brady; Winston led league in passing yards last year but is likely to be third-string QB in New Orleans (More) |
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| > Rapper Travis Scott performs “Fortnite” concert with 12.3 million viewers, a record for the popular video game (More) | Kanye West joins the Forbes billionaire list, with net worth estimated at more than $1.3B (More) |
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| > AMC Theatres won’t reopen its 630 US locations despite relaxing of stay-at-home rules; will likely wait until July when new studio films return (More) |
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| Science & Technology |
| > Preliminary data suggest the half-life of the coronavirus drops from 18 hours under indoor conditions to less than two minutes at higher temperatures, high humidity, and sunlight; study from the National Biodefense Analysis and Countermeasures Center has not been peer reviewed (More) |
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| > New electronic sensors can be woven into stretchy fabrics; machine-washable devices enable clothing that can monitor vitals signs (More, w/video) |
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| > The most detailed map of the moon released, combines old data from the Apollo era with recent astronomical observations (More) | High-resolution map here (More) |
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| Business & Markets |
| > AT&T CEO Randall Stephenson to step down, COO John Stankey will step in as company continues to ramp its media focus (More) |
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| > Boeing terminates $4.2B joint venture with Brazilian aircraft manufacturer Embraer (More) |
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| > Facebook releases free video call service Messenger Rooms, Zoom shares fall 6% (More) | Fantasy sports giant DraftKings up 10% on first day of trading Friday; company went public via a special purpose acquisition company (More) |
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| Politics & World Affairs |
| > US Navy recommends reinstating fired Capt. Brett Crozier to his prior command of the USS Theodore Roosevelt; Crozier was ousted for sending a plea for help with coronavirus cases leaked to the press (More) |
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| > Last victim of mass shooting in an El Paso, Texas, Walmart dies nine months after attack, raising the final death toll to 23 (More) |
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| > Former ISIS member goes on trial for genocide and the murder of a 5-year-old Yazidi girl; the trial is the first relating to war crimes against the ethnic minority (More) | Who are the Yazidis? (More) |
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