Macau starts mass testing again: https://www.usnews.com/news/world/articles/2022-07-17/macau-begins-11th-round-of-mass-testing-in-worst-covid-outbreak . The ridiculousness of Zero COVID is on display every day.
Ditto for Shanghai: https://www.usnews.com/news/world/articles/2022-07-17/shanghai-to-hold-mass-covid-testing-exercise-over-july-19-21 .
India cases, vaccinations rise: https://www.usnews.com/news/world/articles/2022-07-17/indias-covid-vaccinations-hit-2-billion-new-cases-at-four-month-high . Previous estimates were that the government’s death toll understates the actual COVID death toll by 4 to 10 times.
Parechovirus outbreak in US infants: https://www.nbcnews.com/health/health-news/parechovirus-signs-symptoms-risk-factors-virus-infecting-babies-countr-rcna38417 . The virus can lead to severe disease in the youngest infants. The telltale symptom is a rash on the hands and feet.
WSJ: Recession risk increases: https://www.wsj.com/articles/as-fed-tightens-economists-worry-it-will-go-too-far-11658062801 . What the Journal fails to mention here is that a 50% probability is an extremely high measurement for this survey. It virtually guarantees a recession.
WSJ: Fed likely to raise interest rates 75 basis points: https://www.wsj.com/articles/as-fed-tightens-economists-worry-it-will-go-too-far-11658062801 . This matches our long-time prediction.
Zelensky removes top officials over alleged corruption: https://www.wsj.com/articles/russian-strikes-intensify-as-moscow-aims-to-tighten-grip-on-donbas-11658059249 .
WSJ: Thursday prime-time January 6 hearing will focus on Orange Julius’ dereliction of duty: https://www.wsj.com/articles/jan-6-committee-to-focus-on-trumps-actions-during-capitol-attack-11658084726 . The committee originally indicated there would be seven hearings. This is the eighth. The committee says no more hearings are currently planned, but that the investigation is far from over.
WSJ: Investigations of Uvalde police response become increasingly critical: https://www.wsj.com/articles/texas-report-blasts-police-response-to-uvalde-school-shooting-11658088084 . The latest report sees failures in the command structure and failure to follow standard training.