Monday, May 18th, 2020
Chair of the Federal Reserve Jerome Powell says U.S. economic recovery from the recession could take until the end of 2021. (Financial Times)
A jet from the Royal Canadian Air Force’s Snowbirds crashes into a house in Kamloops, British Columbia, killing one pilot and injuring another. (CTV News)
India extends its lockdown, which was set to expire today, until May 31. (Al Jazeera)
Chinese ambassador to Israel Du Wei is found dead in his home in Tel Aviv, aged 57. (Haaretz)
Investigators launch a criminal probe into yesterday’s fire and subsequent explosion at a hash oil manufacturing building in downtown Los Angeles, which injured a dozen responding firefighters. (The Associated Press)
Israel’s new unity government is sworn in, after 18 months of rule by a caretaker government. (The Jerusalem Post)
Afghan President Ashraf Ghani and his rival Abdullah Abdullah sign a power-sharing deal to end a months long political turmoil that hampered the peace process. (Reuters)
The United States Space Force successfully launches its X-37B robotic spacecraft on a classified mission from Cape Canaveral Air Force Station via an Atlas V rocket. Though little is known about the classified program, the spacecraft is expected to deploy a satellite into orbit, and test “power-beaming technology”. (BBC)
NASCAR becomes the first major American sports league to resume its season since the start of the COVID-19 pandemic in the United States. (The Washington Post)
Stewart-Haas Racing’s Kevin Harvick wins The Real Heroes 400 at Darlington Raceway, his 50th career Cup series victory. The race took place behind closed doors. (NBC Sports)
Obama criticizes ‘folks in charge’ for coronavirus response Former President Barack Obama offered what was possibly veiled criticism of his successor, President Trump, and the Trump administration Saturday during an online commencement address to graduates of historically black colleges and universities, whose ceremonies could not be held in person because of the coronavirus pandemic. “More than anything, this pandemic has fully, finally torn back the curtain that so many of the folks in charge know what they’re doing,” Obama said. “A lot of them aren’t even pretending to be in charge.” Obama had previously questioned the Trump administration’s response to the pandemic in a private phone call last week. During the commencement speech, Obama also said COVID-19 “spotlights the underlying inequalities and extra burdens that black communities have historically had to deal with in this country.” Source: The Guardian
Spain records fewer than 100 coronavirus deaths for first time in 2 months Spain, one of the world’s hardest-hit nations, recorded 87 coronavirus-related deaths within the last 24 hours Sunday, the first time the daily fatality tally fell below 100 in two months. Since the outbreak began, there have been 27,650 confirmed COVID-19 deaths in Spain. Elsewhere, South Korea recorded just 13 new coronavirus cases, which have continued to decline again since the country experienced a brief uptick in new infections linked to re-opened nightclubs in Seoul. Shanghai announced classes for younger students will re-start June 2, while some restaurants and shops are set to re-open in Italy on Monday, the same day church services are scheduled to resume. In the United States, restaurants in New Orleans will begin allowing limited diners, and California began its second phase of re-opening, which includes more retailers offering curbside pickup. Source: BBC
The End
https://www.businessinsider.com/elon-musk-tweets-take-the-red-pill-what-it-means-2020-5
“You take the blue pill, the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill, you stay in Wonderland and I show you how deep the rabbit-hole goes.”
https://www.bloomberg.com/features/2020-coronavirus-quiz/?srnd=coronavirus