Although the UK curve is starting to flatten, current projections show deaths reaching 10,000 by the weekend.
Studio: Sky News UK Studios
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UK deaths could overtake Italy by Sunday
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Vigilance leading to hopeful signs in U.S. outbreak
With early signs that the coronavirus outbreak is plateauing in New York and other hot spots, and with strict stay-at-home orders still in place, some U.S. health officials say the pandemic may kill..
Studio: Reuters - Politics
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The Italians struggling to feed their families
A month into Italy's strict lockdown, some people are so short of money they can no longer afford food.
Studio: BBC World News - Affiliate
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American in Italy
Penny Lazo joins us to talk about her experience living in Italy during the pandemic.
Studio: KQTV
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Living in Lockdown in Italy (4-7-20)
Living in Lockdown in Italy (4-7-20)
Studio: KQTV
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In New York, coronavirus kills men twice as often as women
Similar trends have been observed in China and Italy, where men were both infected with COVID-19 and succumbed to it at higher rates than women. Possible explanations for the disparity have ranged from differences in behavior — smoking rates among men exceed those among women in much of the world, for example — to biological differences.
Reported by Seattle Times 23 hours ago.
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Italy's mafia aims to seize power after coronavirus crisis, experts say
As officials in Italy fight to curtail the coronavirus pandemic, organized crime groups are taking advantage of the chaotic situation, experts say.
Reported by FOXNews.com 19 hours ago.
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Pope creates another commission to study female diaconate (Vatican Press Office)
Pope Francis has formed a new commission to study the female diaconate. The 12-member commission will be chaired by Cardinal Giuseppe Petrocchi of L’Aquila, Italy, with Father Denis Dupont-Fauville, an official of the Congregation for the Doctrine of the Faith (CDF), serving as secretary.
This is the second time Pope Francis has formed such a commission. In November 2016 a panel chaired by then-Archbishop Luis Ladaria Ferrer (who is now prefect of the CDF) met for the first time. By May 2019, the Pope reported that this commission had been unable to reach any consensus. Reported by Catholic Culture 20 hours ago.
This is the second time Pope Francis has formed such a commission. In November 2016 a panel chaired by then-Archbishop Luis Ladaria Ferrer (who is now prefect of the CDF) met for the first time. By May 2019, the Pope reported that this commission had been unable to reach any consensus. Reported by Catholic Culture 20 hours ago.
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Pope Francis establishes new commission to study women deacons
Vatican City, Apr 8, 2020 / 06:30 am (CNA).- The Vatican announced Wednesday that Pope Francis has created a new commission to study the question of a female diaconate in the Catholic Church, after some members of the 2019 Amazon synod requested the pope re-establish a 2016 commission on the subject.
Among the 10 theologians making up the new study commission are two permanent deacons, three priests, and five lay women. They hail from Europe and the United States.
Pope Francis first created a 12-member commission in 2016 to examine the historic question of the role of deaconesses in the early Church.
In May last year, he said that the commission had not reached any consensus which would soon lead to a plan of action, but would continue its study.
Speaking aboard the papal plane returning from North Macedonia and Bulgaria, the pope said “for the female diaconate, there is a way to imagine it with a different view from the male diaconate,” but added that “fundamentally, there is no certainty that it was an ordination with the same form, in the same purpose as male ordination.”
“Some say there is doubt, let’s go ahead and study,” he said in May 2019.
The institution of the new commission also follows the discussion of the female diaconate during the 2019 Amazon synod.
At the end of the Oct. 6-27 meeting, synod members recommended to Pope Francis that women be considered for certain ministries in the Church, including the permanent diaconate, which is an order within the sacrament of Holy Orders.
Pope Francis said in his closing remarks for the Amazon synod Oct. 26 that he would re-open the 2016 commission, possibly adding new members, based on the synod’s request.
But in his apostolic exhortation on the Amazon, published Feb. 12, Pope Francis called for women in the South American region to be included in new forms of service in the Church, but not within the ordained ministries of the permanent diaconate or priesthood.
Francis wrote in Querida Amazonia that when considering the role of women in the Church, “we do not limit ourselves to a functional approach.”
The subject of women deacons has previously been studied by the Church, including in a 2002 document from the International Theological Commission (ITC), an advisory body to the Congregation for the Doctrine of the Faith (CDF).
In the document, the ITC concluded that female deacons in the early Church had not been equivalent to male deacons, and had neither a “liturgical function,” nor a sacramental one. It also maintained that even in the 4th century “the way of life of deaconesses was very similar to that of nuns.”
According to the April 8 Vatican announcement, Cardinal Giuseppe Petrocchi, the archbishop of L’Aquila, Italy, has been named president of the study commission. Fr. Denis Dupont-Fauville, a CDF official, was named secretary.
One of the two US-based members is James Keating, a permanent deacon and the director of theological formation at the Institute for Priestly Formation (IPF) based at Creighton University in Omaha, Nebraska.
A theologian, he leads the IPF’s retreats for seminary faculty and seminary formators. Keating is also the author of several books and articles on holy orders and the diaconate.
The second American member of the commission is Dominic Cerrato, a permanent deacon and director of diaconal formation in the Diocese of Joliet, Illinois.
In the past Cerrato has taught theology at the Franciscan University of Steubenville, where he established the Distance Learning Masters in Theology program. In 2014, he published a book on the theology of the diaconate based on the personalist thought of Pope St. John Paul II.
Other members of the commission include Fr. Santiago del Cura Elena from Spain and Fr. Angelo Lameri from Italy.
Barbara Hallensleben is a professor of dogmatic theology at the University of Freiburg in Switzerland and a former member of the International Theological Commission. She is also a member of the Pontifical Ecumenical Council.
Fr. Manfred Hauke is a German priest teaching theology in Lugano, Switzerland. He has published articles on the possibility of female ordination and feminist theology, among other subjects.
Catherine Brown Tkacz is a professor at the Ukrainian Catholic University in Lviv. Her research includes women in the Bible and Christian tradition.
Caroline Farey is a diocesan mission catechist for the Diocese of Shrewsbury in the United Kingdom. In the past she has taught at St. Mary’s College, Oscott. She was also one of three lay women to take part in the Synod of Bishops on the New Evangelization as an expert in 2012. Farey has also worked in the past in the Pontifical Academy for the New Evangelization and Catechesis.
Anne-Marie Pelletier is a French biblical scholar, who was chosen by Pope Francis to write the meditations for the Stations of the Cross at the Colosseum on Good Friday 2017. Pelletier was also a 2014 recipient of the Ratzinger Prize.
Rosalba Manes is also a bible scholar, teaching in Viterbo, Italy. Reported by CNA 1 day ago.
Among the 10 theologians making up the new study commission are two permanent deacons, three priests, and five lay women. They hail from Europe and the United States.
Pope Francis first created a 12-member commission in 2016 to examine the historic question of the role of deaconesses in the early Church.
In May last year, he said that the commission had not reached any consensus which would soon lead to a plan of action, but would continue its study.
Speaking aboard the papal plane returning from North Macedonia and Bulgaria, the pope said “for the female diaconate, there is a way to imagine it with a different view from the male diaconate,” but added that “fundamentally, there is no certainty that it was an ordination with the same form, in the same purpose as male ordination.”
“Some say there is doubt, let’s go ahead and study,” he said in May 2019.
The institution of the new commission also follows the discussion of the female diaconate during the 2019 Amazon synod.
At the end of the Oct. 6-27 meeting, synod members recommended to Pope Francis that women be considered for certain ministries in the Church, including the permanent diaconate, which is an order within the sacrament of Holy Orders.
Pope Francis said in his closing remarks for the Amazon synod Oct. 26 that he would re-open the 2016 commission, possibly adding new members, based on the synod’s request.
But in his apostolic exhortation on the Amazon, published Feb. 12, Pope Francis called for women in the South American region to be included in new forms of service in the Church, but not within the ordained ministries of the permanent diaconate or priesthood.
Francis wrote in Querida Amazonia that when considering the role of women in the Church, “we do not limit ourselves to a functional approach.”
The subject of women deacons has previously been studied by the Church, including in a 2002 document from the International Theological Commission (ITC), an advisory body to the Congregation for the Doctrine of the Faith (CDF).
In the document, the ITC concluded that female deacons in the early Church had not been equivalent to male deacons, and had neither a “liturgical function,” nor a sacramental one. It also maintained that even in the 4th century “the way of life of deaconesses was very similar to that of nuns.”
According to the April 8 Vatican announcement, Cardinal Giuseppe Petrocchi, the archbishop of L’Aquila, Italy, has been named president of the study commission. Fr. Denis Dupont-Fauville, a CDF official, was named secretary.
One of the two US-based members is James Keating, a permanent deacon and the director of theological formation at the Institute for Priestly Formation (IPF) based at Creighton University in Omaha, Nebraska.
A theologian, he leads the IPF’s retreats for seminary faculty and seminary formators. Keating is also the author of several books and articles on holy orders and the diaconate.
The second American member of the commission is Dominic Cerrato, a permanent deacon and director of diaconal formation in the Diocese of Joliet, Illinois.
In the past Cerrato has taught theology at the Franciscan University of Steubenville, where he established the Distance Learning Masters in Theology program. In 2014, he published a book on the theology of the diaconate based on the personalist thought of Pope St. John Paul II.
Other members of the commission include Fr. Santiago del Cura Elena from Spain and Fr. Angelo Lameri from Italy.
Barbara Hallensleben is a professor of dogmatic theology at the University of Freiburg in Switzerland and a former member of the International Theological Commission. She is also a member of the Pontifical Ecumenical Council.
Fr. Manfred Hauke is a German priest teaching theology in Lugano, Switzerland. He has published articles on the possibility of female ordination and feminist theology, among other subjects.
Catherine Brown Tkacz is a professor at the Ukrainian Catholic University in Lviv. Her research includes women in the Bible and Christian tradition.
Caroline Farey is a diocesan mission catechist for the Diocese of Shrewsbury in the United Kingdom. In the past she has taught at St. Mary’s College, Oscott. She was also one of three lay women to take part in the Synod of Bishops on the New Evangelization as an expert in 2012. Farey has also worked in the past in the Pontifical Academy for the New Evangelization and Catechesis.
Anne-Marie Pelletier is a French biblical scholar, who was chosen by Pope Francis to write the meditations for the Stations of the Cross at the Colosseum on Good Friday 2017. Pelletier was also a 2014 recipient of the Ratzinger Prize.
Rosalba Manes is also a bible scholar, teaching in Viterbo, Italy. Reported by CNA 1 day ago.
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Coronavirus is a make-or-break test for the payments industry. Here are the 10 things that will define the new normal.
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· A recent report from McKinsey & Company predicts that payments revenues could drop by as much as $210 billion in 2020.
· But payments companies are well-positioned to help a global economic recovery and play a role in establishing a new normal for how we pay.
· From collaboration to product development, here are 10 things payments companies will need to focus on as they look toward recovery.
· Click here for more BI Prime stories.
The coronavirus is upending global markets and economies, and payments companies in particular could see a revenue hit of up to $210 billion this year.
Businesses and consumers have been spending less, and 80% of the decline in overall payments revenues will be a result of lower transaction volumes, McKinsey & Company said in a recent report on the impact of the coronavirus on the payments industry.
With non-essential businesses shut down and consumers staying at home, foot traffic and in-store spending has fallen. People aren't making big-ticket splurges on travel and live entertainment. And the coronavirus is hitting luxury spending on both the supply and demand side, the report said, with purchases from China slowing dramatically and production of premium brands in Italy halted.
With fewer purchases, payments companies lose out on fees like interchange. And when people are spending, they're rethinking daily habits and switching to digital options, both online and in stores.
The payments landscape is broad, from card giants like Visa and Mastercard to tech players like PayPal and Square. And since the ability to send and receive payments plays a role in any businesses, startups like Finix and Stripe have found a market in payments-as-a-service, selling plug-and-play platforms to other businesses.
But payments companies are also poised to help the global economy recover. There have yet to be any major reported outages, and there continues to be a high level of consumer trust.
So in the long term, payments companies may be well positioned to establish a new normal in how we pay post-coronavirus. But they'll have to prioritize things like collaboration and product development in order to get a piece of any eventual bounceback.
Here are the 10 things payments companies should keep in mind if they want to play a part in changing the way we pay, according to McKinsey's report.
**Digital options**
Given concerns of the spread of COVID-19, consumers and businesses have moved away from spending with cash and checks. Banks are closing branches and encouraging their customers to bank online and over the phone. Payments players will need to promote and design more digital options for their customers.
**Financial inclusion**
Today, a cashless economy means the underbanked are left behind. And merchants that aren't set up for digital commerce are also at a disadvantage. Payments companies should design inclusive platforms to ensure both consumers and businesses are able to adapt quickly in a digital transformation.
"Limits in the payments infrastructure or prices should not be used as an excuse," the report said.
**Reliable digital currencies**
"With values collapsing and trust eroding, digital currencies have proved incapable of delivering on their promise of a universal payments solution in a time of need," the report said.
The current crisis has highlighted the essential role governments play in keeping the global financial system stable. While digital currencies can provide efficient means of moving money, they'll need to be more reliable in times of crisis.
Both JPMorgan and Wells Fargo have launched their own digital currencies to quickly move money in and out of client accounts. But both banks pegged their digital coins 1:1 to a reserve of US dollars, meaning their values are static.
**Bridging in-store and online spending**
Building omnichannel payments platforms, meaning those that can accommodate different ways of shopping including in-store and online, will be key.
Square, for example, started as an in-store point-of-sale provider, and has since launched a suite of online payments products to support merchants' ecommerce efforts.
Bridging physical payments with digital options will be essential for all payments players, especially as retailers begin to reimagine how they reach consumers. Ecommerce continues to grow, and retailers that have closed their brick-and-mortar stores amid the coronavirus pandemic will likely seek ways to reach shoppers online.
**Touchless payments **
Contactless payments have taken a while to catch on in the US. But in the UK and much of Europe, tap-to-pay technology using both cards and digital wallets is more common.
And today, consumers and merchants are trying to limit the amount of contact required to make day-to-day purchases. By encouraging their customers to use contactless options, merchants can help drive consumer adoption, the report said. So payments companies should embrace and facilitate these contactless technologies.
**Offering more for digital wallets**
Digital wallets are widely available on popular devices like smartphones and watches. But further adoption is still needed. By offering more features, like digital IDs, could boost usage. And by monitoring transactions at merchants, digital wallets could offer features like alerts to users when a store is too crowded or when items ordered for pick up are ready.
"Companies that provide viable options for integrated and contactless payments, to both customers and merchants, will probably have a distinctive edge over competitors," the report said.
**Data protection and fraud prevention**
Fraud prevention and data security for payments players' customers must be a priority as consumers get more comfortable with the use of data for security measures amid the coronavirus pandemic.
And to sustain users' comfort with data sharing, payments companies can preemptively prioritize user-focused fraud prevention measures.
**Market-wide cooperation**
During times of crisis, cooperative mindsets tend to set in. And challenging market conditions will put fintechs in a position where they need to pursue more collaboration with other players.
"We believe this development will lead to a new fintech landscape, geared more to marketwide cooperation and win–wins and less to challenging the incumbents," the report said. As valuations and market outlooks change, industry consolidation through M&A could continue, but partnerships will also play out as payments players look for growth.
In 2019, the payments space had a buzzy year for M&A, from FIS' acquisition of WorldPay to Visa buying Plaid. But more and more, fintechs are seeking partnerships with incumbents. Larger payments players also look for partnerships through their own venture arms.
**Payments-as-a-service partnerships with banks **
Payments are a major cost for most banks. And tech budgets are often used to maintain outdated systems as opposed to building new ones. By embracing tools like automation and cloud-based tech, banks could lower their long term costs for processing payments.
Payments-as-a-service fintechs, which sell payments systems to other companies, could also see a bump, especially as IT budgets get reduced amid tough market conditions.
*The regulatory landscape*
Payments companies should seek partnerships with regulators to establish the new normal. Regulators should support innovation in payments as players in the space find new models that solve real-world problems.
And early indicators are hopeful, the report said, citing the US Federal Reserve, the FDIC, and the OCC's move to delay companies' adoption of regulatory liquidity standards. This frees up more cash and helps boost lending activity amid the coronavirus pandemic.
*SEE ALSO: People are rethinking daily habits like touching dirty dollar bills as coronavirus spreads. This could be the catalyst that finally triggers the US to tap their phones to pay.*
*SEE ALSO: The boom in online payments has companies like Airbnb, OkCupid, and Nordstrom looking for new ways to fight fraud. Here are 10 startups — and the VCs backing them — helping tackle everything from catfishing to money laundering.*
*SEE ALSO: Companies make hundreds of billions of dollars selling your data — and there's one app that actually lets you enjoy a slice of the profits*
Join the conversation about this story »
NOW WATCH: WeWork went from a $47 billion valuation to a failed IPO. Here's how the company makes money. Reported by Business Insider 23 hours ago.
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Bridge collapses in Italy, newest crumbling infrastructure
ROME (AP) — A huge bridge section has collapsed in Tuscany, the latest case of Italy’s infrastructure crumbling after years of neglect.
Police and fire crews roped off the access road to the bridge over the Magra River in Albiano Magra in the province of Massa Carrara, according to Carabinieri footage of the scene Wednesday.
Given Italy’s nationwide coronavirus lockdown, there were only two trucks on the provincial road at the time. Italian news reports said one of the drivers was hospitalized.
The Anas road agency had sent inspectors to the bridge last year after a crack developed following heavy rains. The section was cleared for further use, Italian agency ANSA said.
The mayor of Aulla, Roberto Vallettini, had written to Anas flagging that heavy trucks were repeatedly using the two-lane bridge because of nearby road closures.
The bridge collapse comes as Italy is still working to rebuild the heavily used Morandi Bridge in Genoa, which collapsed in 2018 during a rainstorm, killing 43 people. Reported by SeattlePI.com 23 hours ago.
Police and fire crews roped off the access road to the bridge over the Magra River in Albiano Magra in the province of Massa Carrara, according to Carabinieri footage of the scene Wednesday.
Given Italy’s nationwide coronavirus lockdown, there were only two trucks on the provincial road at the time. Italian news reports said one of the drivers was hospitalized.
The Anas road agency had sent inspectors to the bridge last year after a crack developed following heavy rains. The section was cleared for further use, Italian agency ANSA said.
The mayor of Aulla, Roberto Vallettini, had written to Anas flagging that heavy trucks were repeatedly using the two-lane bridge because of nearby road closures.
The bridge collapse comes as Italy is still working to rebuild the heavily used Morandi Bridge in Genoa, which collapsed in 2018 during a rainstorm, killing 43 people. Reported by SeattlePI.com 23 hours ago.
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What you need to know today about the virus outbreak
The Chinese city at the heart of the global pandemic, Wuhan, reopened Wednesday after 76 days in lockdown. Elsewhere, the economic, political and psychological toll of fighting the new coronavirus grew increasingly clear and more difficult to bear.
New York endured one of its darkest days so far, with the virus death toll surging past the number killed on 9/11. It recorded 731 new coronavirus deaths, its biggest one-day jump yet, for a statewide toll of nearly 5,500.
British Prime Minister Boris Johnson, the first major world leader confirmed to have COVID-19, spent a second night in intensive care.
Here are some of AP’s top stories Wednesday on the world’s coronavirus pandemic. Follow APNews.com/VirusOutbreak for updates through the day and APNews.com/UnderstandingtheOutbreak for stories explaining some of its complexities.
WHAT’S HAPPENING TODAY:
— The pressures on intensive care units in Italy and Spain may have eased in recent days as new cases decline. But the psychological toll the pandemic has taken on the doctors and nurses who work there is only now beginning to emerge. Already, two nurses in Italy have killed themselves.
— President Donald Trump has lashed out at the World Health Organization while defending his own widely criticized early steps during the crisis. Trump threatened to freeze U.S. funding to the WHO, saying the international group “missed the call” on the pandemic.
— The head of the European Union’s top science organization has resigned in frustration at the height of the coronavirus crisis. The sudden resignation of Mauro Ferrari and his stinging criticism was bound to add pressure on EU institutions, which have been accused of not working together to battle the global pandemic.
— The warmer weather is bringing increased... Reported by SeattlePI.com 23 hours ago.
New York endured one of its darkest days so far, with the virus death toll surging past the number killed on 9/11. It recorded 731 new coronavirus deaths, its biggest one-day jump yet, for a statewide toll of nearly 5,500.
British Prime Minister Boris Johnson, the first major world leader confirmed to have COVID-19, spent a second night in intensive care.
Here are some of AP’s top stories Wednesday on the world’s coronavirus pandemic. Follow APNews.com/VirusOutbreak for updates through the day and APNews.com/UnderstandingtheOutbreak for stories explaining some of its complexities.
WHAT’S HAPPENING TODAY:
— The pressures on intensive care units in Italy and Spain may have eased in recent days as new cases decline. But the psychological toll the pandemic has taken on the doctors and nurses who work there is only now beginning to emerge. Already, two nurses in Italy have killed themselves.
— President Donald Trump has lashed out at the World Health Organization while defending his own widely criticized early steps during the crisis. Trump threatened to freeze U.S. funding to the WHO, saying the international group “missed the call” on the pandemic.
— The head of the European Union’s top science organization has resigned in frustration at the height of the coronavirus crisis. The sudden resignation of Mauro Ferrari and his stinging criticism was bound to add pressure on EU institutions, which have been accused of not working together to battle the global pandemic.
— The warmer weather is bringing increased... Reported by SeattlePI.com 23 hours ago.
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Gmail appears to be down for more than 2,000 users (GOOG)
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As of roughly 10:30 a.m. ET on April 8, the website had received more than 2,000 reports from users who had experienced problems with the email provider. According to Down Detector's live outage map, it looks like most of the outages are occuring on the east coast in the United States. Some outages also appear to have been reported in the United Kingdom, Italy, France, and Spain.
Google's G Suite Dashboard did not show any issues with Gmail, and Google did not immediately respond to Business Insider's request for comment.
This story is developing. Please refresh for the latest.
Join the conversation about this story »
NOW WATCH: Inside the US government's top-secret bioweapons lab Reported by Business Insider 22 hours ago.
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Mazzanti turns to crowdfunding for future hypercars
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Boris Johnson's condition improving from coronavirus
LONDON (AP) — Britain’s Treasury chief says Prime Minister Boris Johnson’s condition is improving in the intensive care unit of a London hospital.
Rishi Sunak says Johnson has been sitting up in bed and engaging with his doctors at St. Thomas’ Hospital.
Johnson was admitted to the hospital on Sunday, 10 days after being diagnosed with COVID-19. He was transferred to the ICU on Monday when his condition deteriorated.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
LONDON (AP) — British Prime Minister Boris Johnson is “responding to treatment” but remains in intensive care with the new coronavirus, his spokesman said Wednesday, as the U.K. saw its biggest spike in deaths from the virus to date.
A shaken U.K. government sought to keep a grip on its response to the outbreak with its leader hospitalized and the number of COVID-19-related deaths approaching the peaks seen in Italy and Spain, the two countries with the greatest number of fatalities.
Britain's confirmed death toll reached 7,097 on Wednesday, an increase of 938 from 24 hours earlier. Italy recorded 969 deaths on March 27 and Spain 950 deaths on April 2.
Not all the deaths reported each day occurred in the preceding 24 hours, and the British total only includes deaths in hospitals.
Johnson was diagnosed with COVID-19 on March 26 and still had a cough and fever 10 days later. He was admitted to St. Thomas' Hospital in London on Sunday and moved to the ICU on Monday after his condition deteriorated. Foreign Secretary Dominic Raab is standing in for Johnson while he is hospitalized.
Johnson spokesman James Slack said the prime minister continues to receive “standard oxygen treatment” and is breathing without any other assistance.
Slack declined to provide further details of... Reported by SeattlePI.com 21 hours ago.
Rishi Sunak says Johnson has been sitting up in bed and engaging with his doctors at St. Thomas’ Hospital.
Johnson was admitted to the hospital on Sunday, 10 days after being diagnosed with COVID-19. He was transferred to the ICU on Monday when his condition deteriorated.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
LONDON (AP) — British Prime Minister Boris Johnson is “responding to treatment” but remains in intensive care with the new coronavirus, his spokesman said Wednesday, as the U.K. saw its biggest spike in deaths from the virus to date.
A shaken U.K. government sought to keep a grip on its response to the outbreak with its leader hospitalized and the number of COVID-19-related deaths approaching the peaks seen in Italy and Spain, the two countries with the greatest number of fatalities.
Britain's confirmed death toll reached 7,097 on Wednesday, an increase of 938 from 24 hours earlier. Italy recorded 969 deaths on March 27 and Spain 950 deaths on April 2.
Not all the deaths reported each day occurred in the preceding 24 hours, and the British total only includes deaths in hospitals.
Johnson was diagnosed with COVID-19 on March 26 and still had a cough and fever 10 days later. He was admitted to St. Thomas' Hospital in London on Sunday and moved to the ICU on Monday after his condition deteriorated. Foreign Secretary Dominic Raab is standing in for Johnson while he is hospitalized.
Johnson spokesman James Slack said the prime minister continues to receive “standard oxygen treatment” and is breathing without any other assistance.
Slack declined to provide further details of... Reported by SeattlePI.com 21 hours ago.
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Thunder Energies Corp. (TNRG) NACAELI.COM Shareholders Address Regarding the COVID-19 and Business Interruptions
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*LANTANA, FL / ACCESSWIRE / April 8, 2020 /* Thunder Energies Corp. (OTC PINK:TNRG) www.thunder-energies.com & www.nacaeli.com (transfer of new business model / industry and web site in progress). The current management took over the control of the company in January 2020. Several filings were completed visa vie control block purchases, reduction of corporate debt, new classes of preferred shares, new stakeholders and other corporate restructuring unveilings, to name a few. Full and complete filings with all details are available at this shortened redirect link. https://cutt.ly/tnrg-8k.
The new management revealed operational affiliate plans, including a name change to Nacaeli with the new web site www.nacaeli.com. Thunder Energies entered into a certain operational which would allow Thunder Energies to deliver white label solutions as Thunder Energies own brand name, moving forward as Nacaeli brand. This arrangement and one benefit of many, is that this dispenses the need for Thunder Energies to carry costly inventory. This highly developed, evolved and tested business model by all accounts should bring continuous revenue for TNRG / Nacaeli. Moreover, it will provide Thunder Energies with access to more luxurious assets such as private jets and yachts in the future. Thunder Energies has secured an available credit line at prime rate plus 5% for up to $2,000,000.00. Thunder Energies plans to use such funds in the same leisure / entertainment / sports entertainment or related business for potential development and other acquisitions.
On the flip side, the present global circumstance (Covid 19) without questions has an impact on our industry. We believe that this is a short-term overhang which will by all accounts return to normality in the foreseeable future. Thunder Energies new management is of the opinion that as the weaker competitors in our industry are unable to continue this disruption will create a growth and expansion opportunity for Thunder Energy.
In other company news and events, Thunder Energies was recently denoted as a delinquent SEC reporting filer on OTC Markets. This stems from the Company's noncompliance with the filing of the 2019-year end report. We are working closely with the ex-management to obtain their activities as it relates to their previous operations. As the ex-principals and some of old Thunder Energies operations were based in Italy, the Covid 19 pandemic has set them back and caused allot of unnecessary delays in so far as their ability to move around, and obtain the missing information required for the 2019 year end reports. The current management is of the opinion that Thunder Energies should within a reasonable time frame be able to remedy this deficiency. Thunder Energies management is using this opportunity to express its sincere regrets for this inconvenience.
Thunder Energies will release further updates in a timely fashion.
*Safe Harbor Statement:*
Information in this news release may contain statements about future expectations, plans, prospects or performance of Thunder Energies Corp. that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be,""expects,""may affect,""believed,""estimate,""project," and similar words and phrases are intended to identify such forward-looking statements. Thunder Energies Corp. cautions you that any forward-looking information provided by or on behalf of Thunder Energies Corp. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Thunder Energies Corp.'s actual results may differ materially from those anticipated in such forward- looking statements as a result of various important factors, some of which are beyond Thunder Energies Corp.'s control. In addition to those discussed in Thunder Energies Corp.'s press releases, public filings, and statements by Thunder Energies Corp.'s management, including, but not limited to, Thunder Energies Corp.'s estimate of the sufficiency of its existing capital resources, Thunder Energies Corp.'s ability to raise additional capital to fund future operations, Thunder Energies Corp.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Thunder Energies Corp.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Thunder Energies Corp. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
*Contact:*
Thunder Energies Corp.
111 Moorings Dr.
Lantana, FL 33426
www.thunder-energies.com
(561) 570-4302
ir@otc-tnrg.com
*SOURCE:* Thunder Energies Corp.
View source version on accesswire.com:
https://www.accesswire.com/584244/Thunder-Energies-Corp-TNRG-NACAELICOM-Shareholders-Address-Regarding-the-COVID-19-and-Business-Interruptions Reported by Accesswire 21 hours ago.
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Boris Johnson in ICU with coronavirus, condition improving
LONDON (AP) — British Prime Minister Boris Johnson remains in intensive care with the coronavrus but is “improving,” a senior official said Wednesday, as the U.K. saw its biggest spike in deaths from the virus to date.
Treasury chief Rishi Sunak said Johnson “has been sitting up in bed and engaging positively with the clinical team” at St. Thomas' Hospital in London, three days after he was admitted.
A shaken U.K. government sought to keep a grip on its response to the outbreak with its leader hospitalized and the number of COVID-19-related deaths approaching the peaks seen in Italy and Spain, the two countries with the greatest number of fatalities.
Britain's confirmed death toll reached 7,097 on Wednesday, an increase of 938 from 24 hours earlier. Italy recorded 969 deaths on March 27 and Spain 950 deaths on April 2.
Not all the deaths reported each day occurred in the preceding 24 hours, and the British total only includes deaths in hospitals.
Johnson was diagnosed with COVID-19 on March 26 and still had a cough and fever 10 days later. He was admitted to St. Thomas' Hospital in London on Sunday and moved to the ICU on Monday after his condition deteriorated. Foreign Secretary Dominic Raab is standing in for Johnson while he is hospitalized.
Johnson spokesman James Slack said earlier Wednesday that the prime minister continues to receive “standard oxygen treatment” and is breathing without any other assistance.
Slack declined to provide further details of Johnson’s treatment, saying Wednesday’s update “contains all of the information which the PM’s medical team considers to be clinically relevant.”
The virus has hit people from all walks of life — including Johnson, the first world leader known to have been diagnosed with COVID-19. The... Reported by SeattlePI.com 20 hours ago.
Treasury chief Rishi Sunak said Johnson “has been sitting up in bed and engaging positively with the clinical team” at St. Thomas' Hospital in London, three days after he was admitted.
A shaken U.K. government sought to keep a grip on its response to the outbreak with its leader hospitalized and the number of COVID-19-related deaths approaching the peaks seen in Italy and Spain, the two countries with the greatest number of fatalities.
Britain's confirmed death toll reached 7,097 on Wednesday, an increase of 938 from 24 hours earlier. Italy recorded 969 deaths on March 27 and Spain 950 deaths on April 2.
Not all the deaths reported each day occurred in the preceding 24 hours, and the British total only includes deaths in hospitals.
Johnson was diagnosed with COVID-19 on March 26 and still had a cough and fever 10 days later. He was admitted to St. Thomas' Hospital in London on Sunday and moved to the ICU on Monday after his condition deteriorated. Foreign Secretary Dominic Raab is standing in for Johnson while he is hospitalized.
Johnson spokesman James Slack said earlier Wednesday that the prime minister continues to receive “standard oxygen treatment” and is breathing without any other assistance.
Slack declined to provide further details of Johnson’s treatment, saying Wednesday’s update “contains all of the information which the PM’s medical team considers to be clinically relevant.”
The virus has hit people from all walks of life — including Johnson, the first world leader known to have been diagnosed with COVID-19. The... Reported by SeattlePI.com 20 hours ago.
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Italian nurses describe fight against coronavirus
Two senior nurses on the frontline in Italy's battle to save lives describe what it is like to work in the main hospital of Bergamo, located in the region that has been hit hardest by the outbreak of the new coronavirus. (April 8)
Reported by USATODAY.com 20 hours ago.
Reported by USATODAY.com 20 hours ago.
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When in Rome … stay indoors during the coronavirus pandemic, or else
There are 350 different varieties of pasta. If my coronavirus lockdown in Italy lasts much longer, I may try them all.
Reported by Denver Post 19 hours ago.
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Coronavirus update Italy: Confirmed cases rose by 3,836 to 139,422
Read more on https://www.fxstreet.com
Reported by FXstreet.com 19 hours ago.
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