New York Reports Surprising Jump In Deaths As Cuomo Says Capital Region Ready To Reopen: Live Updates

Tuesday, May 12, 2020
By Paul Martin

by Tyler Durden
Tue, 05/12/2020


NY reports surprising jump in deaths
NYC says more children infected with mysterious syndrome
Italy, UK report latest numbers
IMF to cut global outlook again
Russia overtakes UK to become world’s 2nd-biggest outbreak
South Korea uses surveillance tech to confirm 100 cases linked to gay bar outbreak
UK finds 4/10 COVID-19 deaths linked to care homes
Wuhan begins latest mass testing push
China Health Commission says Wuhan cluster shows “prevention and control measures cannot be relaxed”
57k students return to school in Wuhan
Moderna wins approval for expedited testing, review from FDA
Aussie Treasurer tests positive as reopening continues
Treasury releases details on $150 billion fund to reimburse states for ‘rona-related expenses
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Update (1400ET): Here we go.

NY Cuomo as expected bashed the White House during Tuesday’s press briefing, claiming that NY alone will require more than $60 billion in federal aid to help offset the immense cost of the coronavirus outbreak in what has been America’s most hard-hit state.

The White House earlier said it would approve roughly 3x that number in funds to be divided among all 50 states as well as the US territories.

Meanwhile, NY reported a surprising jump in deaths. New York State COVID-19 deaths were +0.9% (+195) to 21,834 (Prev. +0.7% (+161) at 21,640). And while NJ Gov Phil Murphy whined about NJ having the worst outbreak in the US, the data showed deaths per million in NY=1,388. In NJ=1,052. Average for US ex-NY+NJ? 150.

Even still, more parts of the state met more criteria for reopening.

This follows a CDC report claiming deaths in NYC alone might have been undercounted by 5k. Cuomo also said NY lawmakers would proposal a law requiring large companies receiving federal bailout money must rehire the same number of employees they had before the virus arrived.

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