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Coronavirus Update: Fake News, CDC Guidelines, Economic Bond Yields Drop to 1%

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The shuttering and closing of most establishments have been implemented and will soon be implemented by most of the states in the US as per the recommendation of the CDC to slow down the spread of the coronavirus.

The White House Coronavirus Task Force meeting would be done today at the Whitehouse with Vice President Mike Pence and President Donald Trump together with the governors for combating the crisis.

A lot of news has been going on around and here are some of the major changes and headlines which is related to the pandemic coronavirus:

Residents from New Jersey are not allowed to leave their homes from 8 P.M. to 5 A.M. Many of the business restrictions such as restaurants, gyms, and other business establishments were asked to temporarily close down in New York, Connecticut, Indiana, Maryland, and some other states.

Since 1918, there is a postponement of oral arguments in the Supreme Court.

There are now some travel restrictions within the US. Disney World is eventually also closing its doors to its visitors and guests. Not only that but major hotels in Las Vegas have decided to close as well.

The White House also made clear that it is not considering the national curfew and national quarantine as some news reports have been saying. Katie Miller, the spokeswoman for Pence, clarified it and tweeted “This is not correct”.

A National Security Council tweet also made a statement regarding some text messages floating. They finally made a statement and said “Text message rumors of a national #quarantine is FAKE. There is no national lockdown.”

Earlier today, the CDC issued a new guideline and recommended a guideline against a gathering with 50 or more attendees for the next eight weeks to stop the rapid spread of the coronavirus.

Those who have already organized it should cancel or postpone it.

Their statement on their website says ” CDC, following its guidance for large events and mass gatherings, recommends that for the next 8 weeks, organizers (whether groups or individuals) cancel or postpone in-person events that consist of 50 people or more throughout the United States”.

It also clarified “does not apply to the day to day operation of organizations such as schools, institutes of higher learning, or businesses.”

Investors scuffed during the opening of trading on Monday. The president already used the Federal Reserve to cushion the economy that has been shutting all the economy all over the world.

A portfolio manager from CLS Investments said, “Investors aren’t happy because these rate cuts won’t stimulate the economy in the near term. You can’t stimulate demand if everyone is stuck in their house,”

There has been no impact despite the different efforts from the Central Bank but despite these economic anxieties that the pandemic has brought, interest rates are brought down to its lowest and bond yields have dropped below 1%.

Mortgages have also dropped to one of the lowest. This is an advantage to first-time homebuyers and those wanting to do some refinancing. As for mortgages, the bank charges now the lower rate for interests.

Read More: CDC Recommend Social Distancing: Cancel or Postpone Gatherings

Abhishek is associated with PressReels and team for a long time as an Author and has a keen interest in sharing news and leaks related to technology.

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BLACKPINK With a Hat-Trick As They Once Again Retain The #1 Spot In NEW K.ID’s Weekly Chart

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BLACKPINK With a Hat-Trick As They Once Again Retain The #1 Spot In NEW K.ID’s Weekly Chart
[WEEKLY IDOL]

NEW K.ID, the No.1 TV channel for all K-Pop entertainment and source (https://cutt.ly/NEWKID), announced its weekly chart for the 3rd week of August.

BLACKPINK retains its #1 spot in the NEW K.ID’s weekly chart for three consecutive weeks as they tie with WINNER’s previous record. BLACKPINK has announced a new single dropping on August 28th which will be a collaboration with American pop star, Selena Gomez. Selena Gomez also recently teased her collaboration with BLACKPINK on her Instagram post captioned, “SELPINK pulling up soon. 8/28”.

Photo: Instagram @selenagomez

Following their release of the single, BLACKPINK will be releasing their first debut album on October 2nd.

[WEEKLY HOT NEWS]

PENTAGON, SHINee, GWSN, and N.Flying all retained their spots in TOP5. The 6th place, WINNER, celebrated their 6th year debut anniversary. MINO posted a photo of WINNER on his Instagram, celebrating the time and unforgettable memories that they have spent together for the last 6 years. 

Photo: Instagram @realllllmino

Ranked at #9, SF9’s Rowoon has been named as ‘The North Face white label’s F/W’ model and its brand ambassador. With a height over 6’3’’, Rowoon not only has a youthful personality but also has various talents as he can both sing and act in various entertainment fields. The North Face saw that Rowoon’s versatility perfectly matched its brand image and decided to partner with Rowoon.

Coming in at #10, DAY6’s sub-unit, Even of Day, is releasing a new album, ‘The Book of Us: Gluon – Nothing can tear us apart’ on August 31st. All 7 songs in the album are written and produced by the Even of Day members. Young K is expected to play guitar in place of Sungjin and Jae. JYP’s representative commented, “Young K showed his expertise on the bass guitar and will continue to play more instruments.” It was also mentioned that Wonpil’s synthesizer and Dowoon’s electronic drum will be key in this album.

Additionally, in last week’s ‘2020 SORIBADA BEST K-MUSIC AWARDS’, GWSN and LOONA won New Wave New Artist Awards while GFRIEND took the main prize (bonsang) home.

NEW K.ID, the only TV channel that allows viewers to enjoy K-POP Idol-related content programming 24/7 and exclusive episodes curated from 10K+ videos, is available at CH 511 for free on LG Smart TVs and XUMO apps on all Internet-connected devices.

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Death after unmasked arrest – Mexico Floyd

The official reason for the arrest revealed by the police is not known, but the video footage posted on social media at the time of the arrest suggests that the reason is “not wearing a mask.”

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Death after unmasked arrest - Mexico Floyd

Amid a stir across the U.S. over the “George Floyd” incident that killed white police abuses, similar cases of abuse of public power have been revealed in Mexico, sparking public outrage.

The daily El Universal has been protesting against the incident since it was belatedly revealed that construction worker Giovanni Lopez died the next day after being arrested by police in Guadalajara, western Mexico, on April 4.

The official reason for the arrest revealed by the police is not known, but the video footage posted on social media at the time of the arrest suggests that the reason is “not wearing a mask.”

Death of George Floyd

On May 25, 2020, George Floyd, a 46-year-old black man, died in Minneapolis, Minnesota, after Derek Chauvin, a white police officer, knelt on Floyd’s neck for almost nine minutes while Floyd was handcuffed face down in the street

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