IEA cuts 2020 oil demand estimate to 91.7 mbpd in September

IEA cuts 2020 oil demand estimate to 91.7 mbpd in September

The International Energy Agency on Tuesday cut its forecast for 2020 oil demand growth, citing a “treacherous” path ahead amid weakening market sentiment and an upsurge in the number of coronavirus cases reported across the globe. In a closely-watched monthly report, the IEA trimmed its outlook for worldwide oil demand growth to 91.7 million barrels …

The new coronavirus can infect brain cells, study finds

The new coronavirus can infect brain cells, study finds

The coronavirus that causes COVID-19 can sometimes hijack brain cells, using the cells’ internal machinery to copy itself, according to a new study. The research, posted Sept. 8 to the preprint database bioRxiv, has not yet been published in a peer-reviewed journal, but it provides evidence that SARS-CoV-2 can directly infect brain cells called neurons. …

Biggest Crisis Test Is Still to Come With Insolvencies, BIS Says

Biggest Crisis Test Is Still to Come With Insolvencies, BIS Says

(Bloomberg) — Policy makers are facing the most economically challenging part of the Covid-19 crisis in avoiding the creation of “zombie” companies, according to the Bank for International Settlements  Ultra-easy monetary and fiscal support is helping companies avoid a liquidity crunch after the pandemic closed down businesses and demand collapsed. But that stance bears risks …

As Trump played down virus, health experts’ alarm grew

As Trump played down virus, health experts’ alarm grew

WASHINGTON (AP) — Public health officials were already warning Americans about the need to prepare for the coronavirus threat in early February when President Donald Trump called it “deadly stuff” in a private conversation that has only now has come to light. At the time, the virus was mostly a problem in China, with just …

Beware Trump’s October surprise ahead of November elections

Historically, the closer to the election, the more outrageous it is likely to be, and outrageous is a Trump specialty By DOUGLAS BLOOMFIELD SEPTEMBER 9, 2020 21:25 In a vitriolic Labor Day campaign speech parading as a news conference on the White House North Portico, US President Donald Trump predicted a “very safe and very …

Study Shows that Ozone kills Coronavirus

Study Shows that Ozone kills Coronavirus

As the coronavirus continues to evolve and become more virulent, there are many unanswered questions as there have been no proper clinical or scientific studies that have been conducted on it yet with regards to its properties etc as the 2019-nCoV coronavirus only made its maiden debut in December 2019. There are questions about how …

More evidence smokers are at less risk of COVID-19

More evidence smokers are at less risk of COVID-19

Smokers are less likely to be diagnosed with COVID-19 compared to those who have never touched a cigarette, another study has claimed. An array of research carried out since the pandemic began has shown smokers are at lower risk of getting the coronavirus. Now researchers in Mexico have added more weight to the evidence, which …

The COVID-19 pandemic is about to enter its most treacherous phase

The COVID-19 pandemic is about to enter its most treacherous phase

Washington won’t be there to support the economy this time, as infections inevitably rise as people head back indoors BERKELEY, Calif. (Project Syndicate)—April marked the most dramatic and, some would say, dangerous phase of the COVID-19 crisis in the United States. Deaths were spiking, bodies were piling up in refrigerated trucks outside hospitals in New …

Indoor dining is coming back to NYC politicians bought off by the restaurant lobby

Indoor dining is coming back to NYC politicians bought off by the restaurant lobby

Infectious disease expert Dr. Anthony Fauci says he isn’t eating at indoor or outdoor restaurants. As summer winds down in New York City, restaurant diners who’ve been eating on tables set up in the street will finally be allowed back inside, but health experts say it’s best to proceed with caution. After a six-month ban, …