Media ArticlesExcerpts of Key Media Articles in Major Media
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In 2016, famed crime novelist James Patterson and co-authors Tim Malloy and John Connolly published Filthy Rich: A Powerful Billionaire, the Sex Scandal that Undid Him. Patterson had heard about the story of the mysterious billionaire who’d gotten a sweetheart deal after having been charged with sex with underage girls, and he couldn’t believe what he was hearing. Yet after the book came out, laying out the breadth of Epstein’s crimes and how a cadre of enablers and hangers-on enabled him for years, it got relatively little attention. By 2019, of course, that had obviously changed. The Miami Herald had published its bombshell investigation into the 13-month deal then-Florida attorney general Alexander Acosta had offered Epstein, allowing him to serve little hard jail time. A new Netflix series, Filthy Rich, based on Patterson’s book, documents all of the lurid details familiar to those who’ve been following the story — the Trump/Clinton connections, the bizarre relationship with British heiress and alleged procurer Ghislaine Maxwell. But it also includes heartbreaking interviews with the young women who say they were victimized by Epstein, adding humanity to the familiar tabloid story. "Initially, people just didn’t see this is as big a story as I thought it was," [said Patterson]. "I just couldn’t imagine anybody that is involved with news that wouldn’t say, 'Oh my God, this is a story.' This is unbelievable to me. Imagine if somebody out in the middle of the county had been with 50 underage girls. I mean ... are you kidding me?"
Note: Watch the revealing documentary "Who Killed Jeffrey Epstein?" A probing 16-episode program has incredibly revealing interviews with dozens who worked directly with Epstein. Incredibly detailed, it reveals the huge blackmail operation, connections with Israel, and much more. This series goes where others have not dared go. For more along these lines, see concise summaries of deeply revealing news articles on Jeffrey Epstein from reliable major media sources.
Sweden's state epidemiologist Anders Tegnell has hit back at the World Health Organization after it included Sweden in a group of countries facing "a very significance resurgence" of coronavirus infections. Mr Tegnell, who has in recent months become one of the world's most high profile and divisive epidemiologists, said: "That is, unfortunately, a total misinterpretation of the data." "It's very unfortunate that people lump Sweden together with countries that earlier have had no problem at all and are now apparently at the start of their epidemic," he told Sweden's state broadcaster SVT. Hans Kluge, the WHO's Regional Director for Europe, on Thursday named Sweden in a list of eleven problem countries ... which are facing "accelerated transmission" of infection. Sweden has this month seen the daily number of confirmed cases more than triple from 60 on June 1st to 207 on Thursday. But Mr Tegnell argued that this has to do with increased testing rather than a resurgence in infection. "This is growing because we recently started offering tests to everyone with symptoms," he told Sweden's TT newswire. "We are doing twice as many tests as we were a few weeks ago. But the growth we are seeing is in mild cases, not hospital admissions." Mr Tegnell has drawn both admiration and criticism internationally for leading a coronavirus strategy that left schools for 14-16 year olds open throughout the pandemic, as well as bars, restaurants, gyms, and much else, relying instead on the public's willingness to follow social distancing guidelines.
Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
An online group called Distributed Denial of Secrets (DDOSecrets) released a nearly 270-gigabyte data trove called "BlueLeaks." The trove contains more than a decade's worth of "documents, reports, bulletins, guides and more" from "over 200 police departments, fusion centers and other law enforcement training and support resources." BlueLeaks' content ranges from August 1996 through June 19, 2020, and includes sensitive information such as names, suspect photographs, personal contact details and bank account information within its text, video, spreadsheet and compressed files. The BlueLeaks documents (which have been published in a searchable format on the DDOSecrets website) reveal that state and federal law enforcement agencies monitor social media posts and track financial transactions involving the recent protests against police brutality. Emma Best, founder of DDOSecrets, [said] that her group removed 50 gigabytes worth of files from BlueLeaks before releasing it out of "an abundance of caution." Best said DDOSecrets included sensitive financial information in hopes that it might allow the public to expose questionable police behavior in ways that serve the public interest. "It's the largest leak of US law enforcement data, and because of its nature, it lets people look at policing on the local, state and national levels," Best [said]. "It shows how law enforcement has reacted to the protests, it shows government handling of COVID, and it shows a lot of things that are entirely legal and ... horrifying."
Note: This group has now been banned from Twitter. For lots more, read this wired.com article. For more along these lines, see concise summaries of deeply revealing news articles on police corruption from reliable major media sources.
Confidence levels jumped in Sweden as consumers and businesses started to leave the worst of the Covid-19 crisis behind them. The overall economic tendency survey rose to 75.2 in June, from a revised 64.4 in May, the National Institute of Economic Research said Wednesday. Sentiment had plunged to an all-time low in April, and despite June’s jump remains depressed, as values below 90 are equivalent to a much weaker than normal economy. The reading comes as economists and policy makers revise up their forecasts in light of better-than-expected consumer spending and unemployment data. According to Manuel Oliveri, an FX strategist at Credit Agricole, the rebound in confidence levels “continues to keep the risk for additional policy action low, irrespective of Riksbank members leaving all options open.” But Bloomberg economist Johanna Jeansson was less sanguine, while agreeing that “the most acute phase of the crisis has abated.” “Today’s survey is yet another sign that the most acute phase of the crisis has abated. But with both demand and supply below pre-pandemic levels, we expect the Riksbank and the Ministry of Finance will have to do more,” [said] Johanna Jeansson. Unlike its neighbors, Sweden avoided a strict lockdown as the coronavirus spread, keeping shops, schools and restaurants open. The lax strategy appears to have mitigated some of the economic damage caused by the pandemic, but at the cost of a relatively high death toll.
Note: Meanwhile the IMF states that worldwide, economic contraction and soaring debt levels and unemployment are worse than earlier predicted. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
On June 30, the U.S. Senate Banking Committee will hold a virtual hearing titled "The Digitization of Money and Payments." The Senate Banking Committee is chaired by Senator Mike Crapo (R-ID) and the ranking member is Senator Sherrod Brown (D-OH). The hearing can be viewed ... here. J. Christopher Giancarlo, Senior Counsel at Willkie Farr and Gallagher ... has been busy splicing and dicing the technical details of a futuristic â€Digital Dollar,' one that is informed by distributed ledger technology and â€tokenized' so as to represent the physical cash we have today in digital form. Giancarlo's new think tank, the Digital Dollar Project, zooms in on the criticality of holding â€tokenized' or digital bearer instruments, just like cash, vs. account-based systems. This idea crossed paths in the last hearing with a concept called FedAccounts, where Morgan Ricks ... presented the idea that the Federal Reserve should operate as a retail bank and offer digital dollars. The idea presented by Ricks focuses on the idea of â€Bank Accounts for All,' a bill from ... Senator Sherrod Brown. Although the Digital Dollar surfaced in a draft of the CARES Act originally reported by NPR on March 23, the bill that was introduced in the House and the final CARES Act made no mention of a Digital Dollar. However, the next day, Brown introduced S. 3571, the Banking For All Act, where the idea of a Digital Dollar and FedAccounts (seen in the draft of the CARES Act) were included in his legislation.
Note: Some elites and bankers would like to make all money digital so that they can track every transaction, as is already happening in China. This would also give those in power the ability to cut off those who go against their agenda from access to their funds. For more along these lines, see concise summaries of deeply revealing news articles on banking corruption from reliable major media sources.
The Centers for Disease Control and Prevention is conflating the results of two different types of coronavirus tests, distorting several important metrics and providing the country with an inaccurate picture of the state of the pandemic. We’ve learned that the CDC is making, at best, a debilitating mistake: combining test results that diagnose current coronavirus infections with test results that measure whether someone has ever had the virus. The agency confirmed to The Atlantic on Wednesday that it is mixing the results of viral and antibody tests, even though the two tests reveal different information and are used for different reasons. This is not merely a technical error. The upshot is that the government’s disease-fighting agency is overstating the country’s ability to test people who are sick with COVID-19. States have set quantitative guidelines for reopening their economies based on these flawed data points. Several states - including Pennsylvania, the site of one of the country’s largest outbreaks, as well as Texas, Georgia, and Vermont - are blending the data in the same way. Virginia likewise mixed viral and antibody test results until last week, but it reversed course and the governor apologized for the practice. These results damage the public’s ability to understand what is happening in any one state. On a national scale, they call the strength of America’s response to the coronavirus into question. The number of tests conducted nationwide each day has more than doubled in the past month. At the same time, the portion of tests coming back positive has plummeted.
Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus from reliable major media sources.
A project to decentralize the internet that youve never heard of has more capacity than all other blockchain projects put together: 5-10X more, according to its founder. The project is called ThreeFold, and its not your typical blockchain startup. Instead, its a long-term project to rewire the internet in the image of its first incarnation: decentralized, unowned, accessible, free. We have 18,000 CPU cores and 90 million gigabytes, which is a lot of capacity, founder Kristof de Spiegeleer [said]. Less than 20 companies actually own more than 80% of the internet capacity, which is the storage and the compute. It really needs to be something like electricity. It needs to be everywhere and everyone needs to have access to it. It needs to be cost effective, it needs to be reliable, it needs to be independent. That would be a fundamentally different kind of internet: one we all collectively own rather than just one we all just use. It requires a lot of different technology for backups and storage, for which ThreeFold is building a variety of related technologies: peer-to-peer technology to create the grid in the first place; storage, compute, and network technologies to enable distributed applications; and a self-healing layer bridging people and applications. Oh, and yes. There is a blockchain component: smart contracts for utilizing the grid and keeping a record of activities. So ... you have people providing actual tangible services for others in exchange for some degree of cryptocurrency reward.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Prof Matteo Bassetti, head of the infectious diseases clinic at the Policlinico San Martino hospital in Italy, told The Telegraph that Covid-19 has been losing its virulence in the last month and patients who would have previously died are now recovering. The expert in critical care said the plummeting number of cases could mean a vaccine is no longer needed as the virus might never return. "The clinical impression I have is that the virus is changing in severity," said Prof Bassetti. "In March and early April the patterns were completely different. People were coming to the emergency department with a very difficult to manage illness and they needed oxygen and ventilation, some developed pneumonia. "Now, in the past four weeks, the picture has completely changed. There could be a lower viral load in the respiratory tract, probably due to a genetic mutation in the virus which has not yet been demonstrated scientifically. Even elderly patients, aged 80 or 90, are now sitting up in bed and they are breathing without help. The same patients would have died in two or three days before. "I think the virus has mutated because our immune system reacts to the virus and we have a lower viral load now due to the lockdown, mask-wearing, social distancing. "Yes, probably it could go away completely without a vaccine." Prof Karol Sikora ... at Rutherford Health previously said it is likely the British public has more immunity than previously thought and Covid-19 could end up "petering out by itself".
Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
Dr. Richard Bartlett works at various clinics around West Texas, and says he’s found a successful treatment for the coronavirus. “The treatment plan is inhaled, generic budesonide,” Bartlett said. “Using some generic antibiotics to protect from a secondary bacterial infection. Using zinc, which interferes with virus replication. It’s common sense. It’s intuitive.” Budesonide is a steroid, that can be inhaled directly to the lungs using a nebulizer. The drug has been used for decades to treat asthma and is approved by the FDA. However using it to treat COVID-19 is not. “I am not aware of any doctors anywhere that are using this specifically for COVID-19, yet,” Bartlett said. Bartlett said he treats people as soon as they show symptoms. “Early treatment is better with this disease,” he said. “And I’m having a 100% survival rate. I don’t even know how many I’ve treated...dozens. I have 14 that I’m treating right now.” Bartlett said that patients tell him they feel immediate relief. Bartlett said he’s currently writing a paper to submit to medical journals. Additionally, he said the National Institute of Health, as well as the countries of France and Spain will be looking into inhaled budesonide treatments.
Note: Watch a fascinating interview with this doctor. And remember that the biggest sponsor of the major media is big Pharma. The don't want any cheap medicine like hydrochlorequine or budesonide to look good. There are other inexpensive treatments that are not being reported. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
President Donald Trump says he’s heard some interesting things about Roswell, but he’s not sharing even with his eldest child. Trump made the comments Thursday in a Father’s Day-themed interview with his son. Don Jr. wound down his interview by jokingly asking his Dad/President if he would ever divulge more information about Roswell, the New Mexico city known for its proximity to arguably most famous UFO event — “and let us know what’s really going on.” Trump responded, “I won’t talk to you about what I know about it, but it’s very interesting.” In 1947, a rancher discovered unidentifiable debris in his sheep pasture outside Roswell. Air Force officials said it was a crashed weather balloon, but skeptics questioned whether it was in fact an extraterrestrial flying saucer. Decades later the U.S. military acknowledged the debris was related to a top-secret atomic project. Still, the UFO theory has flourished. After his father offered that he heard some “interesting” things about Roswell, Trump Jr. asked [if] the president might declassify that information someday. “Well, I’ll have to think about that one,” the president responded.
Note: Astronaut Edgar Mitchell, the sixth man to walk on the moon, stated publicly that UFOs did crash in Roswell, the town where he grew up, and it was all covered up. Dozens of high level military and government officials have gone public about their experience of a huge cover-up around UFOs. Read an excellent analysis of what's going on now with the UFO situation and the new Space Force. For more along these lines, see concise summaries of deeply revealing news articles on a major UFO cover-up from reliable major media sources.
The Vatican urged Catholics on Thursday to disinvest from the armaments and fossil fuel industries and to closely monitor companies in sectors such as mining to check if they are damaging the environment. The calls were contained in a 225-page manual for church leaders and workers to mark the fifth anniversary of Pope Francis’ landmark encyclical “Laudato Si” (Praised Be) on the need to protect nature, life and defenseless people. The compendium suggests practical steps to achieve the goals of the encyclical, which strongly supported agreements to contain global warming and warned against the dangers of climate change. The manual’s section on finance said people “could favor positive changes ... by excluding from their investments companies that do not satisfy certain parameters.” It listed these as respect for human rights, bans on child labor and protection of the environment. Called ‘Journeying Towards Care For Our Common Home’, one action point called on Catholics to “shun companies that are harmful to human or social ecology”. Another section called for the “stringent monitoring” of extraction industries in areas with fragile ecosystems to prevent air, soil and water contamination. Last month, more that 40 faith organizations from around the world, more than half of them Catholic, pledged to divest from fossil fuel companies. The Vatican bank has said it does not invest in fossil fuels and many Catholic dioceses and educational institutions around the world have taken similar positions.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
The Trump administration this month announced that one of its largest pandemic-related contracts would go to a little-known biodefense company named Emergent BioSolutions. The $628 million deal to help manufacture an eventual vaccine cemented Emergent's status as the highest-paid and most important contractor to the HHS office responsible for preparing for public health threats and maintaining the government's stockpile of emergency medical supplies. Emergent has long been the government's sole provider of BioThrax, a vaccine for anthrax poisoning. Emergent's advocacy for biodefense spending over more than a decade was aided by influential allies in Washington and tens of millions of dollars in lobbying campaigns. "It has strategically placed itself to be, let's just say, the company that can't fail," said a former senior government official who worked with Emergent on stockpile operations. The company that would become Emergent began as BioPort Corp., formed in 1998 to buy an aging, state-owned company in Lansing, Mich., that was the only licensed supplier of anthrax vaccine to the Pentagon. The Pentagon ... awarded a $29 million no-bid contract for the anthrax vaccine, BioThrax. Controversy swamped the operation. Hundreds of U.S. troops who received the BioThrax treatment complained of bad reactions, such as headaches and nerve problems. Some troops risked courts-martial by refusing vaccination. Emergent spent nearly $4 million on lobbying last year alone.
Note: To understand the huge influence of lobbying and profits on the development and stockpiling of vaccines, don't miss reading this entire, eye-opening article.
In a major legal setback for President Donald Trump on a high-profile consumer issue, a federal appeals court has ruled that his administration lacks the legal authority to force drug companies to disclose prices in their TV ads. Where most plans to overhaul the cost of drugs are complex, mandating that companies disclose prices is something any consumer can relate to. Separate from the court case, legislation that would lower drug costs for Medicare beneficiaries with high bills is stuck in Congress. There's also a separate bill that would mandate drug companies to disclose their prices in consumer advertising. On TV ads, the unanimous decision by a panel of the U.S. Court of Appeals for the District of Columbia Circuit did not address a core argument of the pharmaceutical industry, that forcing companies to disclose their prices in advertising violates their free speech rights. Instead the three-judge panel ruled that the Department of Health and Human Services overstepped its legal authority by requiring disclosure under the umbrella of its stewardship of Medicare and Medicaid. When the disclosure rule was announced last year, administration officials were confident that it would be in effect by now. Drug pricing details were expected to appear in text toward the end of commercials.
Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and Big Pharma profiteering from reliable major media sources.
How accurate are the coronavirus tests used in the U.S.? Months into the outbreak, no one really knows. When the new virus began spreading, the Food and Drug Administration used its emergency powers to OK scores of quickly devised tests, based mainly on a small number of lab studies showing they could successfully detect the virus. That’s very different from the large patient studies that can take weeks or months, which experts say are needed to provide a true sense of testing accuracy. There have been more than 2 million confirmed coronavirus cases in the U.S. and more than 115,000 deaths. Cases in nearly half of U.S. states are rising. Most COVID-19 tests in the U.S. don’t give data on real-world performance, including how often the tests falsely clear patients of infection or falsely detect the virus. That information is lacking for all but a few of the roughly 80 commercial screening tests available. Last month, the FDA warned doctors of a potential accuracy problem with Abbott Laboratories’ rapid ID Now test, which delivers results in roughly 15 minutes. The test has been lauded by President Donald Trump and used to screen the president, his staff and visitors to the White House. The FDA alert followed a preliminary report by New York University that found Abbott’s test missed between a third to one-half of infections caught by a rival test in patients screened for the virus. Dr. Colin West of the Mayo Clinic worries doctors and patients have put too much confidence in the current crop of tests.
Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
Some 54 scientists have resigned or been fired as a result of an ongoing investigation by the National Institutes of Health into the failure of NIH grantees to disclose financial ties to foreign governments. For 93% of the 189 scientists whom NIH has investigated to date, China was the source of their undisclosed support. The new numbers come from Michael Lauer, NIH’s head of extramural research. Lauer had previously provided some information on the scope of NIH’s investigation, which had targeted 189 scientists at 87 institutions. But his presentation today to a senior advisory panel offered by far the most detailed breakout of an effort NIH launched in August 2018 that has roiled the U.S. biomedical community, and resulted in criminal charges against some prominent researchers, including Charles Lieber, chair of Harvard University’s department of chemistry and chemical biology. In the vast majority of cases, Lauer reported, the person being investigated has been an Asian man in his 50s. Some three-quarters of those under investigation had active NIH grants, and nearly half had at least two grants. The 285 active grants totaled $164 million. Lauer also presented data on the nature of the violations that NIH has uncovered. Some 70% (133) of the researchers had failed to disclose to NIH the receipt of a foreign grant, and 54% had failed to disclose participation in a foreign talent program. In contrast, Lauer said, only 9% hid ties to a foreign company, and only 4% had an undisclosed foreign patent.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in science from reliable major media sources.
Remember the coronavirus? We were told by public health experts ... that we could not go outside for any reason. Roughly two weeks ago, everything changed. We all watched as mass stay-at-home orders and self-isolation gave way to massive street protests, where tens or hundreds of thousands of people gathered together in the U.S. and around the world. Virtually no prominent experts have denounced any of this on the ground that it will spread the coronavirus and ultimately kill more people. To the contrary, many infectious disease experts have done the exact opposite: they have endorsed and encouraged these mass street protests, claiming not that their support for them is grounded in their political values but in their health and scientific judgment. Perhaps the most egregious and illustrative example of the utter manipulation of public health science and expertise for nakedly political ends is found in the open letter that was originally crafted by epidemiologists at the University of Washington and then ultimately signed by 1,300 experts from around the country. These health experts ... decree that support for these protests is mandated as a matter of public health and scientific expertise, while imperiously insisting that other protests should still be scorned and prohibited. How is it remotely within the scope of the expertise of epidemiologists to pick and choose which political protests should be permitted and/or encouraged and which ones banned and/or denounced?
Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and corruption in science from reliable major media sources.
In 1994, Congress enacted the Violent Crime Control and Law Enforcement Act, which ... required the attorney general to “acquire data about the use of excessive force by law enforcement officers” across the nation and to “publish an annual summary of the data acquired.” Congress effectively ordered the Justice Department to document how often police kill unarmed private citizens. Two years later, a Justice Department report raised the white flag: “Systematically collecting information on use of force from the nation's more than 17,000 law enforcement agencies is difficult given ... the sensitivity of the issue.” Instead of requiring local and state law enforcement agencies to comply with the new federal law, the Justice Department expanded its "police-public contact survey". Police killings became a hot topic nationwide after a policeman in Ferguson, Missouri, killed 18-year-old Michael Brown in August 2014. The Washington Post and The Guardian began tracking individual shootings by local police. The Guardian [revealed] that police killed 1,134 people across the nation in 2015. This was 2 1/2 times higher than the death toll the FBI reported the previous year. The Ferguson protests spurred Congress to enact another law in December 2014, the Death in Custody Reporting Act, compelling states and federal agencies to fully report fatalities of people they had sought to arrest or detain. However ... an inspector general report revealed that the agency did not even intend to attempt to garner such data until this year.
Note: For more along these lines, see concise summaries of deeply revealing news articles on police corruption from reliable major media sources.
You call 911, you generally get the police. It's a one-size-fits-all solution to a broad spectrum of problems from homelessness to mental illness to addiction. Protesters are urging cities to redirect some of their police budget to groups that specialize in treating those kinds of problems. Now we're going to look at one model that's been around for more than 30 years. In Eugene, Ore., a program called CAHOOTS is a collaboration between local police and a community service called the White Bird Clinic. Ben Brubaker is the clinic coordinator, and Ebony Morgan is a crisis worker. "The calls that come in to the police non-emergency number and/or through the 911 system, if they have a strong behavioral health component, if there are calls that do not seem to require law enforcement because they don't involve a legal issue or some kind of extreme threat of violence or risk to the person, the individual or others, then they will route those to our team - comprised of a medic and a crisis worker - that can go out and respond to the call," [said Brubaker]. "I think policing may have a place within this system, but I also think that it's over-utilized as an immediate response because it just comes with a risk," [said Morgan]. "It's a risk that crisis response teams that are unarmed don't come with. In 30 years, we've never had a serious injury or a death that our team was responsible for. Models like this can help people have support in their community and feel safer within their community."
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
It’s an issue that’s been argued about for months: Can people who don’t feel sick spread the coronavirus, and if so should we all be wearing masks to stop it? Even the [WHO] can’t seem to get it straight. On Tuesday the U.N. health agency scrambled to explain seemingly contradictory comments it has made in recent days. On Friday, WHO changed its mask advice, recommending that people wear fabric masks if they could not maintain social distancing, if they were over age 60 or had underlying medical conditions. Part of the reasoning, WHO officials said, was to account for the possibility that transmission could occur from people who had the disease but weren’t yet symptomatic. But when Maria Van Kerkhove, WHO’s technical lead on COVID-19 was asked about the frequency of this kind of transmission this week, she said “It still appears to be rare that asymptomatic individuals actually transmit onward.” The details on how well the coronavirus spreads in different circumstances is not well understood. Can people who don't feel sick spread the disease? We don’t know. WHO has maintained for months that the vast majority of COVID-19 spread is from people with symptoms like a fever or cough, and that transmission from people who don’t feel sick is not thought to be a major driver of the disease. Does wearing a mask help? Probably. Why don't we know for sure? It’s complicated. Truly asymptomatic people are likely not responsible for significant virus spread. Detailed studies ... are needed. Although numerous studies have suggested people can spread the virus before they show symptoms, WHO has largely dismissed those as anecdotal or pointed out that they were based on modelling.
Note: A Jan. 31st CNN article quotes Fauci as saying "There's no doubt after reading this paper that asymptomatic transmission is occurring." Yet it turns out the paper he referenced was based on only five people and made the faulty assumption that the woman in question was asypmtomatic. Why would Fauci jump to this conclusion so early on from one tiny sample? What was his agenda? And this ABC News article states the accuracy of many coronavirus tests is still unknown. For more, see concise summaries of deeply revealing news articles on the coronavirus from major media sources.
The world economy is expected to contract by 5.2 percent this year - the worst recession in 80 years - but the sheer number of countries suffering economic losses means the scale of the downturn is worse than any recession in 150 years, the World Bank said in its latest Global Economic Prospects report. The depth of the crisis will drive 70 to 100 [million] people into extreme poverty - worse than the prior estimate of 60 million. Economists have been struggling to measure the impact of the crisis they have likened to a global natural disaster, but the sheer size of the impact across so many sectors and countries has made it hard to calculate, and made predictions about any recovery highly uncertain. Under the worst-case scenario, the global recession could mean a contraction of eight percent, according to the report. There remain some "exceptionally high" risks to the outlook, particularly if the current outbreaks linger or rebound, causing authorities to re-impose restrictions that could make the downturn as bad as eight percent. "Disruptions to activity would weaken businesses' ability to remain in operation and service their debt," the report cautioned. That, in turn, could raise interest rates for higher-risk borrowers and, "With debt levels already at historic highs, this could lead to cascading defaults and financial crises across many economies." But even if the 4.2 percent global recovery projected for 2021 materializes, "In many countries, deep recessions triggered by COVID-19 will likely weigh on potential output for years to come."
Note: What this article fails to mention is that it is not the pandemic that is driving all this, but rather the questionable lockdown policies developed to address the pandemic. Sweden, which has never instituted a lockdown, did not spiral out of control and has been less impacted economically. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and income inequality from reliable major media sources.
Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.