By WSJ Staff
-- The U.S.'s reported coronavirus death toll rose to more than
105,000 while confirmed cases surpassed 1.8 million, according to
data from Johns Hopkins University. Globally, cases passed 6.3
million; deaths stood at more than 376,000. Experts say official
totals likely understate the extent of the pandemic, in part
because of limited testing and reporting standards.
--A survey of U.S. nursing homes found some 26,000 coronavirus
deaths, a figure that likely falls short of the full toll.
--The U.S. economy could take almost a decade to fully recover
from the pandemic and related shutdowns, a U.S. budget agency
reported.
--India reported a near-record rise in new cases, with 8,171 in
24 hours, but the government continues to ease lockdown
measures.
U.S.
National: The first major federal effort to measure the
coronavirus impact at nursing homes found about 26,000 deaths, a
total that likely falls short of the full toll on some of the most
vulnerable Americans. The survey of nursing homes, released Monday
by the Centers for Medicare and Medicaid Services, showed 25,923
resident deaths and 449 deaths among staff. But the CMS rule that
mandated the data collection didn't require nursing homes to report
deaths and cases that occurred before early May.
Economy: The U.S. economy could take the better part of a decade
to fully recover from the coronavirus pandemic and related
shutdowns. The Congressional Budget Office, a nonpartisan
legislative agency, said the sharp contraction triggered by the
coronavirus caused it to mark down its 2020-30 forecast for U.S.
economic output by a cumulative $7.9 trillion, or 3% of gross
domestic product, relative to its January projections. GDP isn't
expected to catch up to the previously forecast level until the
fourth quarter of 2029, the CBO said.
President Trump plans to meet with senior advisers as soon as
this week to discuss policy options for the next coronavirus relief
package as the administration prepares for negotiations with
Congress, according to a senior administration official.
The president's team has assembled proposals meant to encourage
the public to return to work and resume normal life, including
going out to restaurants and taking vacations, in an effort to
jump-start the economy as quickly as possible.
Some theme parks are starting to reopen this week while
requiring masks, temperature checks and social distancing for
guests. In the face of a still spreading pandemic, it remains
uncertain whether enough people will venture out to the parks to
stave off a financial shock for companies such as Six Flags
Entertainment Corp., Comcast Corp.'s Universal Orlando and SeaWorld
Entertainment Inc.
U.S. stocks ticked higher Tuesday as investors weighed myriad
issues, including a protracted economic recovery, tensions between
the U.S. and China and ongoing protests.
Virus Testing: Companies in the U.S. are starting to roll out
tests that can diagnose coronavirus infections at home, offering
people who are seeking to return to work a potentially safer, more
accessible option to check their health. Yet experts worry about
the accuracy of the results generated by the at-home tests, costs
that insurers often don't cover and other factors that could limit
use.
Safety Gear: Health-care workers warned about the quality of
respirator masks being decontaminated by a system made by Battelle
Memorial Institute, a nonprofit research corporation that has built
more than 50 mask-decontamination units after getting more than
$400 million in federal government contracts. Battelle said its
process, in which masks are exposed to vaporized hydrogen peroxide,
allows for N95 respirator masks to be reused 20 times. But
health-care workers have warned of worn seals, broken bands and
stains on masks that have gone through the process.
New York: Following another night of unrest in New York City
over police brutality, Mayor Bill de Blasio said the city needed to
focus on working together to reopen starting June 8, and reiterated
concerns that the protests could lead to a resurgence of the
coronavirus.
"Think about yourself, your family and your elders," he said
Tuesday during a press conference. "If you're not wearing face
coverings, you're endangering yourself and your family."
World
India: Tuesday brought a near-record rise of 8,171 confirmed
coronavirus cases over the past 24 hours -- the third consecutive
day above 8,000. India now has 198,706 confirmed cases, according
to data from the Ministry of Health and Family Welfare, and 5,598
dead.
But despite the steep rise in cases, the federal government has
moved to ease lockdown restrictions by allowing shops, industries
and some public transportation to reopen. As part of its
three-phase reopening plan, shopping malls, hotels, restaurants and
places of worship are to resume operating starting next week. Some
flights and limited rail service have already resumed.
Iran: Lockdown restrictions on mosques, restaurants, gyms and
shopping malls are falling away this week despite a surge in
infections that has brought the daily number of new cases to the
level of the first peak in late March and early April. On Tuesday
the health ministry reported 3,117 new infections, raising the
total caseload to 157,562. Iran has reported 7,942 deaths from
Covid-19. Health officials warn that without proper adherence to
social distancing and hygiene regulations, the coronavirus outbreak
may again spin out control.
South Korea: The country reported 38 more cases, bringing its
total to 11,541. Hundreds of cases emerged last month from Seoul's
nightclubs, but the latest cluster is tied to churches.
Some social-distancing measures in the Seoul metropolitan area
were reinstituted last week to last through this week, including
the closure of museums and parks. But South Korea has prioritized
letting students return to school, and some 1.8 million are
scheduled to do so Wednesday.
Japan: In Tokyo, 34 new cases were confirmed Tuesday, the local
government said, the first time the daily figure has reached 30 or
more since May 14. Tokyo issued an alert encouraging people to stay
home, partly reversing the recent relaxation of voluntary
restrictions.
About 40% of those who were recently identified as positive and
whose infection source couldn't be traced had a connection to
nightlife areas, Gov. Yuriko Koike said. The Shinjuku area, known
for bars, nightclubs and some brothel-like establishments, accounts
for a significant portion, she said.
Since nationwide restrictions began easing in the latter part of
May, fears of second waves have risen. The southern city of
Kitakyushu has reported more than 100 infections over the past
week, some unexplained and others linked to hospital outbreaks.
China: The city of Wuhan, where the virus first appeared late
last year, has tested about 10 million citizens since May 14 and
found 300 asymptomatic carriers, according to the Hubei provincial
government. The city government has spent about 900 million yuan
($126 million) to test all its residents, the provincial government
said in a news conference Tuesday. China reported five new cases
Tuesday, all imported.
Australia and New Zealand: Australia reported eight new cases,
taking the total to 7,204. More than 6,600 have recovered and 103
have died. New South Wales state, home to Sydney, said restrictions
on gyms, yoga studios and indoor pools will be lifted next week,
although class sizes will be capped at 10. Tattoo and massage
parlors will also reopen from June 13, while children's sport
competitions can restart July 1. New Zealand had no new cases for
the 11th day.
Hong Kong: The city's government said Tuesday it would extend
social-distancing measures that forbid more than eight people
gathering until June 18, after a new cluster emerged related to a
residential housing development. Since Sunday, Hong Kong has
recorded nine new locally transmitted infections, breaking a 15-day
stretch of no such cases.
(END) Dow Jones Newswires
June 02, 2020 12:21 ET (16:21 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.