Good evening,
Please find today's Daily COVID-19 Update below and attached. Please let me know if you have any comments or questions.
Thank you,
Ashley Smith
INFORMS Members in the News
Member: Sheldon Jacobson
Member: Sheldon Jacobson
Member: Sheldon Jacobson
U.S. Federal Policy Update
- President Trump unveiled new recommendations for schools to consider as they reopen – ranging from ensuring general knowledge of COVID-19 to requiring some level of social distancing between high-risk individuals. At his press conference announcing the new recommendations, he added that the Trump administration would "provide up to 125 million reusable masks to various school districts around the country."
- The ongoing negotiations for a fourth coronavirus relief package have continued to be in a partisan gridlock, with House Speaker Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) releasing a joint statement that they "are willing to resume negotiations once [the administration] starts to take this process seriously."
- White House National Economic Council Director Larry Kudlow confirmed that the Trump administration is not currently considering an additional executive order geared towards a capital gains tax. Kudlow stated that this was because "structural changes to tax rates likely require legislation."
- The Bureau of Labor Statistics announced that consumer prices increased by 0.6% during the month of July.
Global Response
- Russian President Vladimir Putin announced that the Russia has developed "the world's first coronavirus vaccine," stating that "it works quite effectively, forms strong immunity, and has passed all the needed checks." However, the vaccine was met with doubt from global leaders, including Health and Human Services Secretary Alex Azar – who emphasized that the administration "will require any vaccine in the United States to be safe and effective and meet the FDA's gold standard."
- The United Kingdom government announced that their economic output contracted by 20.4% in their second quarter, which is the deepest recession that the country has faced in recent history.
- Due to an uptick in COVID-19 cases, the Jordanian government announced that they will close the country's mainland border with Syria.
- The Swiss government announced that facial coverings will be mandated in all flights departing in or arriving from Switzerland.
State Update
- Indiana Governor Eric Holcomb confirmed that Indiana is planning to have a "safe and secure and healthy in-person election" in November.
- New Jersey Governor Phil Murphy signed an executive order announcing that schools and universities in the state are officially allowed to remove in-person instruction in the fall. He announced that the state's Department of Education is working individually with some of the state's more at-risk districts on individualized plans to reopen their schools.
- Texas Governor Greg Abbott affirmed that the state is enhancing their distribution of personal protective equipment and is also increasingly encouraging Texans to socially distance and wear facial coverings.
Economic Update
- U.S. stocks were on the rise today, with all three indices closing the day with increases. The Nasdaq Composite rose by 2.13%, the S&P 500 by 1.40%, and the Dow Jones Industrial Average by 1.05%.
Latest Impact Data
- In the United States: Over 5,300,914 cases and 167,472 deaths in 50 states, 4 territories, and Washington, D.C.
- Worldwide: Over 20,785,726 and 751,540 deaths in at least 204 countries and territories.
In the News
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Ashley Smith
Public Relations Specialist
INFORMS
Catonsville MD
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