Covid-19 Pandemic
 Here’s the latest news: Singapore may open almost all businesses this month Houston weighs new restrictions amid virus expansionU.K. economy plunged record 20% under lockdown Preparing for the next pandemic Sometime in the months ahead, the U.S. will have to decide how prepare for future infectious threats. The nation will have to choose how to fund and equip public-health agencies, hospital capacity, stockpiles of protective gear and other infrastructure we’ll need in future surges of Covid-19 and pandemics yet unknown. Public health, long neglected, will be competing with every other budget priority for a shrinking stream of tax dollars. Making the case for investing in public health has never been easy in the U.S. It goes against Americans’ libertarian streak—a skepticism of government, belief in individual liberty and distrust of central authority that’s deeply rooted in our history and culture.  The case for investing in public health has never been easy in the U.S. So what happens next? Photographer: Mark Kauzlarich/Bloomberg The debate is further complicated by how much America already spends on health care—at 18% of gross domestic product, more than any other country. That spending has long been a drain on governments, employers, and households, even as the U.S. lags other countries in health measures like life expectancy and infant mortality. Our richly funded medical care didn’t prevent the country from recording the highest number of Covid-19 cases and deaths in the world so far. Just a sliver of our health spending—less than 3 cents on the dollar—goes to public health. Five large health insurers returned more money to shareholders in dividends and stock buybacks than the entire budget for the Centers for Disease Control and Prevention. When it works, public health is invisible. Now the world has seen the consequences when it doesn’t work. The question for Americans is, will that change our minds?—John Tozzi Listen up Latest Podcast: A Threat to Mexican Hospitals The coronavirus is hitting Latin America in ways unseen in the developed world. Nacha Cattan reports on what happens when a crisis hits a system that was unprepared, and underfunded, even in the best of times.  Coming events: Can the world’s medical researchers, scientists and public policy advocates work in tandem to outwit the virus and health challenges that now threaten mankind? Join us on June 16 at 10 a.m. EDT as we discuss how to overcome these crises. See the full lineup and register here. On June 18th, hear from senior leaders including Dame Jayne-Anne Gadhia of Snoop and Johann Butting of Slack on how they bolstered digital offerings and positioned for the pandemic amid a surging need for digital technologies. Get details and register here. What you should read What Happened When the Office Came Home The home office has again become a coveted feature of modern living. England’s Contact Tracers Come Up Short They fail to reach a third of new coronavirus cases in the country. Florida’s Covid Resurgence in Four Charts New inroads seen in a state with one of the highest elderly populations. Trump Asks Rally-Goers to Waive Covid Liability President’s visit to Texas coincides with new surge in coronavirus cases. Formula One Cancels Races on Virus Fears Night race called off in Singapore has been ongoing for last 12 years. Know someone else who would like this newsletter? Have them sign up here. Have any questions, concerns, or news tips on Covid-19 news? Get in touch or help us cover the story. Like this newsletter? Subscribe for unlimited access to trusted, data-based journalism in 120 countries around the world and gain expert analysis from exclusive daily newsletters, The Bloomberg Open and The Bloomberg Close. Follow Us Get the newsletter You received this message because you are subscribed to Bloomberg’s Coronavirus Daily newsletter. Unsubscribe | Bloomberg.com | Contact Us Bloomberg L.P. 731 Lexington, New York, NY, 10022 |
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