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Prognosis: Misconception

Prognosis Daily: The Coronavirus Detectives

Prognosis: Misconception

Bloomberg

Health & Fitness, Science

4.1838 Ratings

🗓️ 27 March 2020

⏱️ 13 minutes

🧾️ Download transcript

Summary

A little known geneticist in Seattle has become something of a CSI detective, unraveling the origins of Covid 19 in the U S. Could his research hold secrets to a better understanding of the disease? Some policymakers seem to think so. Plus: today's headlines.

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Transcript

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0:00.0

The forces shaping markets and the economy are often hiding behind a blur of numbers.

0:04.8

So that's why we created The Big Take from Bloomberg Podcasts, to give you the context you need to make sense of it all.

0:11.5

Every day in just 15 minutes, we dive into one global business story that matters.

0:16.1

You'll hear from Bloomberg journalists like Matt Levine.

0:19.1

A lot of this meme stock stuff is, I think, embarrassing to the SEC.

0:23.3

Follow the Big Take podcast on the IHeart Radio app, Apple Podcasts, or wherever you listen.

0:32.4

Welcome to Prognosis. I'm Laura Carlson. It's day 17 since coronavirus was declared a global pandemic. Cases in the United States soared to more than 85,000, making the U.S. the world leader in COVID-19 cases. On today's episode, the coronavirus detectives. But first, here are the top

0:58.6

stories from today. The U.S. Senate passed a historic $2 trillion relief package late on Friday morning,

1:08.7

which promises to deliver payments and benefits

1:11.6

to individuals, businesses, and states affected by the pandemic.

1:16.5

Italy had its deadliest 24 hours, recording almost 1,000 fatalities from the virus in one day.

1:23.3

Spain's death rate also soared. Cases are jumping in the United Kingdom, and the U.S.

1:28.6

raced past China to become the country with the most cases in the world. Meanwhile,

1:34.6

in China, where the outbreak began, virtually all the latest cases came from people arriving

1:39.6

from overseas, prompting the government to temporarily suspend the entry of foreigners with valid visas

1:45.3

and residence permits. In the U.S., a deal to produce life-saving ventilators at a massive scale

1:52.3

faltered as President Donald Trump attacked manufacturers. Carmakers General Motors and Ford,

1:59.3

as well as medical device manufacturer Ventech life systems,

2:02.8

were set to ramp up production of the breathing machines, waiting on the Trump administration to place orders and cut checks.

2:10.2

But then, the president published a series of angry tweets, accusing GM of moving too slowly and charging too much, calling on the company to produce

2:20.3

the machines in an Ohio plant it no longer owns. Later, GM said it would stop waiting on a federal

2:27.5

contract and produce the machines at an Indiana plant. GM says it can eventually ramp up to making as many as

...

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