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Cryptocurrencies: 5,987
Markets: 545
Marketcap: $ 584.96 B
24h Vol: $ 131.82 B
BTC Dominance: 60.77%

[ZEROHEDGE] NYC Schools Won’t Close Monday; Austria 2nd European Country To Adopt Mandatory COVID Testing: Live Updates

Zero Hedge

NYC Schools Won’t Close Monday; Austria 2nd European Country To Adopt Mandatory COVID Testing: Live Updates

Tyler Durden

Sun, 11/15/2020 – 10:55

The US exceeded 100k newly confirmed COVID-19 cases for the tenth straight day on Saturday. Although they came in below Friday’s record, new cases exceeded 160k on Saturday, leaving the 7-day average at a record high, while deaths exceeded 1,300, topping 1,000 for the fifth straight day.

One major development in the the US this weekend: All 50 states are officially back in expansionary territory after Vermont saw the virus’s rate of spread climb back above 1. Over the last 24 hours, 38 of 50 states reported more than 1,000 new cases, as the virus outbreak explodes, along with hospitalizations. Even deaths, which had remained surprisingly subdued as infection rates climbed in September and October, are starting to creep upward.

A CNN chyron announcing the news is going viral.

As for the 7-day average of reported deaths, since May, only one day – Aug. 4 – saw a higher 7-day number.

Testing continues to climb, but at a slower rate than the growth in cases.

Perhaps the biggest news in the US Sunday morning was NYC Mayor Bill de Blasio declaring that, contrary to his comments on Friday, when he warned parents to be ready for schools to close as soon as Monday, schools instead will remain open.

However, he continued to urge New Yorkers not to travel for the holidays.

In Europe, Austria just revealed that it’s taking a cue from nearby Slovakia’s mandatory testing programs, one of the most ambitious COVID-19 eradication methods in Europe; Austrian Chancellor Sebastian Kurz announced Sunday that the country would move ahead with plans to test its entire population, which is roughly double the size of Slovakia’s.

A few notable highlights: North Dakota and South Dakota are seeing rates of spread similar to Michigan back in April.

Meanwhile, San Diego has also seen a sudden surge in cases.

In Europe’s biggest economy, Germany,  Economy Minister Peter Altmaier warned that Germans will need to live with “considerable restrictions” against the spread of the virus for at least the next four to five months.

Globally, new cases topped 54 million, the latest global milestone since deaths topped 1.3 million a couple of days ago.

As far as the biggest western countries go, Europe generally continues to outpace the US.

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