Covid’s New Strain; University Tuitions Freezing Over; Tracking Wealth Threats

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 21 December 2020

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

New strains of the Covid-19 virus have been found in Britain and South Africa and doctors are warning it could be even more contagious than the original strain. Former FDA commissioner Dr. Scott Gottlieb discusses what a mutated strain of coronavirus means for vaccine efforts and a global recovery. The pandemic has prompted higher education institutions to rethink tuition costs, and Purdue University has found a way to freeze its costs for a decade. Purdue President Mitch Daniels explains prioritizing safety and academic integrity throughout the pandemic and beyond. Plus, the wealthy are planning for a prosperous new year amid the threat of taxes and the ongoing coronavirus risks.

Transcript

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0:00.0	This is
0:02.0	This is Squawk Pod. I'm C.N.C. producer Katie Kramer.
0:05.0	Today on our podcast,
0:07.0	a new, more contagious strain of the coronavirus emerges.
0:11.0	The risks ahead with Dr. Scott Gottley.
0:13.6	This probably will not slip past our vaccines very easily, but eventually we'll have to update the vaccines.
0:19.2	And however long the pandemic lasts, students at Big Ten University Purdue are learning.
0:25.0	President Mitch Daniels on what works for health and on campus.
0:29.0	That was a huge undertaking to be able to set up a system where they could move seamlessly from in-person or
0:35.2	partially so to fully online and back again.
0:38.8	Those stories, plus what the wealthy are planning for a prosperous new year and what Joe
0:43.9	Kernan is planning for his own health care.
0:46.1	We are not worthy.
0:47.2	No Joe, I just know how eager you are to get your shot.
0:50.0	I mean I don't know how old you are but I assume you're not over 75.
0:55.0	It's Monday December 21st, 2020, Squawk Pug begins right now.
1:01.5	Good morning everybody. Welcome to Squackbox here on C.
1:04.0	I'm Becky Quick, along with Joe Kernan, and this is Christmas week, but look out below.
1:09.2	We're wearing red this morning.
1:11.1	A new. morning. could be even more contagious than what's already out there.
1:23.6	This new variant is thought to be up to 70% more transmissible
1:28.6	than the original strain.
	...

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