Economy
U.K. to begin mass coronavirus vaccinations: Here’s how it will
workLess than a week after becoming the first Western country to
approve a coronavirus vaccine,
the United Kingdom is gearing up to start distributing the first
doses of Pfizer’s
shot on Tuesday.The roll-out of the vaccine, which requires two doses, three
weeks apart, will likely be closely watched from around the world,
as other countries, like Canada, are expecting to receive the first
batch of the shots next week.
China Posts Record Month For Trade Thanks To Homebound, Bored
AmericansChina’s economy is roaring back as Americans gobble up
everything from its cellphones to its health masks, raising the
stakes for trade relations with the United States as
President-elect Joe Biden gets set to take over.Data on Monday showed China notched a record $75.4 billion trade
surplus in November after exports from China to the rest of the
world jumped 21.1% compared to a year ago.
Trump administration officials passed when Pfizer offered in
late summer to sell the U.S. government additional doses of its
Covid-19 vaccine, according to people familiar with the matter. Now
Pfizer may not be able to provide more of its vaccine to the United
States until next June because of its commitments to other
countries, they said.As the administration scrambles to try to purchase more doses of
the vaccine, President Trump plans on Tuesday to sign an executive
order “to ensure that United States government prioritizes
getting the vaccine to American citizens before sending it to other
nations,” according to a draft statement and a White House
official, though it was not immediately clear what force the
president’s executive order would carry.
Eviction looms for struggling US renters as stimulus talks
dragDespite state eviction moratoriums, as well as a national order
from the Centers for Disease Control and Prevention temporarily
halting residential evictions during the COVID-19 crisis, many
renters are still at risk.In the 27 cities tracked by
Princeton University’s Eviction Lab, landlords had filed more
than 151,000 evictions since the pandemic began.
Hundreds hospitalized with mysterious illness in India
(McPherson)At least one person has died and 200 others have been
hospitalized due to an unidentified illness in the southern
Indian state of
Andhra Pradesh, reports said Monday.The illness was detected Saturday evening in Eluru, an ancient
city famous for its hand-woven products. Since then, patients have
experienced symptoms ranging from nausea and anxiety to loss of
consciousness, doctors said.
Nearly two-thirds of Americans are living paycheck to paycheck
during COVID pandemicMoney is not something anyone wants to worry about during
the
holidays. In a year still ravaged by the coronavirus pandemic
and its economic fallout however, it appears many will be
struggling through the most festive part of 2020. A survey finds
over 60 percent of Americans say they’re now living
paycheck-to-paycheck as the year draws to a close.The poll of over 2,000 Americans, commissioned by Highland Solutions, wanted to
see how spending habits and personal finances in the U.S. are
holding up during the pandemic. Their results find 63 percent of
respondents have cut back on their spending due to COVID. Six in 10
say they’re doing it to be more cautious, but 49 percent add
it’s because of losing income at work.
The challenges and perils of transporting millions of COVID-19
vaccines with dry ice across the U.S.When you order a gift from Amazon AMZN, -0.14% the process of getting the
item you purchased to your doorstep is fairly straightforward.But transporting a coronavirus vaccine, if and/or when
emergency-use authorization is granted in the U.S., requires arctic
temperatures.� The government, through Operation Warp Speed, has
begun the laborious process of modeling various distribution plans
for coronavirus vaccines.
U.S. Judge Halts Trump’s TikTok Ban, The 2nd Court To Fully Block
The ActionA federal judge on Monday fully blocked the Trump
administration’s attempt to ban TikTok in the U.S., the latest
defeat in the White House’s legal crusade against the
video-sharing app.U.S. District Judge Carl Nichols in Washington found that Trump
overstepped his authority in using his emergency economic powers to
try to effectively put the wildly popular app out of business. He
was the second judge to rule against the president’s ban.
What you need to know about the Pfizer, Moderna and AstraZeneca
vaccinesThree leading coronavirus
vaccine candidates have dazzled the world with strong evidence they
can prevent illness. The vaccines are made by different companies:
One is being developed by the giant pharmaceutical Pfizer and its
German partner BioNTech; another by the biotechnology firm Moderna,
in partnership with the National Institute of Allergy and
Infectious Diseases, and the third is from the University of Oxford
and its partner AstraZeneca. All three companies will seek
regulatory clearance to offer their vaccines to millions of
people.
Gold & Silver
Click to read the PM Weekly Market Commentary
Provided daily by the Peak Prosperity Gold & Silver
Group
Article suggestions for the Daily Digest can be sent to [email protected].
All suggestions are filtered by the Daily Digest team and
preference is given to those that are in alignment with the message
of the Crash Course and the “3 Es.â€
The post
Daily Digest 12/7 – U.K. to begin mass coronavirus vaccinations,
Hundreds hospitalized with mysterious illness in India appeared
first on Peak
Prosperity.
