Sophie...

Sophie Grégoire Trudeau, wife of Canadian PM Justin Trudeau, has tested positive for coronavirus after returning from a trip to London, a statement from the PM's office says.

"She will remain in isolation for the time being. She is feeling well, is taking all the recommended precautions and her symptoms remain mild," it read.

The couple is now self-isolating.

Mr Trudeau is in good health and has no symptoms, according to his office, but will remain in isolation for 14 days.

There are no plans at present for Mr Trudeau to be tested for coronavirus.

"The prime minister will continue to fully assume his duties and will address Canadians]," his office said.

Cheering...

Many economists have tried to model the economic consequences of a pandemic. The CBO did a study in 2005 and 2006, modeling the impact of a 1918-sized flu pandemic on the economy. They found that a pandemic “could produce a short-run impact on the worldwide economy similar in depth and duration to that of an average postwar recession in the United States.” Specifically, a severe pandemic could reduce U.S. gross domestic product by about 4.5%, followed by a sharp rebound.

The CBO assumed, there would be demand-side effects, with an 80% decline in the arts and entertainment industries and a 67% decline in transportation. Retail and manufacturing would drop 10%.  The U.S. wasn’t prepared for a flu pandemic then, the CBO said, and it isn’t now.

“If a pandemic were to occur in the near term, the options for the United States would be limited to attempts to control the spread of the virus and judicious use of limited medical facilities, personnel, and supplies,” the bipartisan agency concluded. “In the longer term, more tools are potentially available, including an increased treatment capacity, greater use of vaccines and antiviral drug stockpiles, and possible advances in medical technology.”

Other simulations of the U.S. and non-U.S. economies have found similar economic impacts, although that research came at an earlier stage of globalization, when our economy was not quite so reliant on far-flung supply chains.  Just a thought.

Quarantines...

Much of the immediate economic impact of a pandemic can be traced to the efforts to contain it, rather than from the effects of the disease itself. As we attempt to quarantine those who might spread the disease, we shut down a lot of economic activity.

The quarantines might be the only way to slow the spread of COVID-19, but they could also hamper our response. Our health-care system also relies on vital inputs for medicines, supplies and equipment produced all over the world, including China and other hard-hit Asian economies. And of course we rely on the free flow of thousands of other goods and services.

The potential for disaster is sobering. The economies of the world are extraordinarily resilient, yet extraordinarily dependent upon each other in a crisis. Sadly, the things we need most to get us through this — wise leadership, global cooperation and clear thinking — are harder to find than a surgical mask.

Message...

You Care...

Sanitizer...

Don't let a disaster go to waste. Just a thought.

No Hug...

Keep your distance. And don't kiss.

Those are two pieces of advice that could be crucial in reducing the spread of the coronavirus.
Public health officials say the spread has been mainly driven through people spending time indoors with others who have the disease.

"Looks like the main driver is not widespread community infection — looks like it's household-level infection," Dr. Bruce Aylward, a senior adviser to the World Health Organization, said.

Indeed, data from China's cases show that most of the spread is happening among family members who live together.

Perhaps the reason that the virus spreads among family members is the way people become infected. "The main mode of transmission is respiratory droplets" that can be produced by speaking and coughing, says Dr. Adam Lauring, associate professor of microbiology and immunology at the University of Michigan. "These droplets then can find their way into the mouths, noses of other people nearby." 

(Sneezing, another way droplets are spread, is not a common symptom of COVID-19, indicating that it's not usually an upper respiratory infection, Aylward said.)

Threat...

Mr. Schumer was speaking before abortion-rights activists as the Supreme Court considers whether to curtail the ability of abortion providers to sue on behalf of women seeking abortions—a doctrine known as third-party standing. 

Mr. Schumer, still addressing  Gorsuch and Kavanaugh, added: “You won’t know what hit you if you go forward with these awful decisions.”

The “whirlwind”? “What hit you”?

 This is an incitement to violence against a federal agent, and surely was a threat of political reprisal against the Justices if they don’t vote the way Mr. Schumer wants.  

The remarks drew a rare and pointed public rebuke from Chief Justice John Roberts, who said: “Justices know that criticism comes with the territory, but threatening statements of this sort from the highest levels of government are not only inappropriate, they are dangerous. All Members of the Court will continue to do their job, without fear or favor, from whatever quarter.”

Crossing...

Over the years, villagers who live near Greece's border with Turkey got used to seeing small groups of people enter their country illegally. The Greek residents often offered the just-arrived newcomers a bite to eat and directed them to the nearest police or railway station.

But the warm welcomes wore off. When Turkey started channeling thousands of people to Greece, insisting that its ancient regional rival and NATO ally receive them as refugees, the Greek government sealed the border and rushed police and military reinforcements to help hold back the flood.

Greeks in the border region rallied behind the expanding border force, collecting provisions and offering any possible contribution to what is seen as a national effort to stop a Turkish-spurred incursion.

Greek authorities said that out of a the 252 people arrested for illegal entry over the past week as of Friday, 64% were Afghans, 19% Pakistanis, 5% Turks and 4% Syrians, while the others were from Iraq, Iran, Morocco, Ethiopia, Bangladesh and Egypt. They're all illegal migrants and that's why they're trying to get into Europe (this way).”

Rattled...

Markets are in turmoil after the collapse of an alliance between Saudi Arabia and Russia, two of the world's top oil producers, triggered the worst one-day crash in oil prices in nearly 30 years — fanning new fears about a global economy already reeling from the coronavirus pandemic.

Saudi Arabia slashed oil prices after Russia refused to go along with OPEC's proposal to impose deeper cuts to production in the face of slumping demand. The standoff sent Brent crude futures, the global benchmark, down as much as 31% to $31.02 per barrel, as traders brace for Saudi Arabia to flood the market with crude.

The shock has also rattled stock and bond markets, which were already freaking out over the global spread of the coronavirus. On Sunday, Italy put much of its prosperous north — including financial capital Milan  on semi-lockdown, the most dramatic effort yet to contain the virus outside China.

Less money from the oil, will lead to less support for all the Middle East troubles.