Trump to Invalidate Obamacare | Texas Pauses its Reopening | Unilever Halts Ads Spending on Facebook and Twitter

Trump to Invalidate Obamacare | Texas Pauses its Reopening | Unilever Halts Ads Spending on Facebook and Twitter

Friday, June 26, 2020 | 12:45 PM EST

US

Texas paused its reopening plan along with Arizona and Florida after the U.S. marked the highest daily record of confirmed coronavirus cases of nearly 40,000 on Thursday (last highest record was 36,426 cases on April 24). Though confirmed cases are increasing, deaths are going down. REUTERS

~ As of Friday, Texas has halted elective surgeries, imposed mask requirements in some counties, limited restaurant capacity to 50%, and put restrictions on outdoor gatherings.

The Trump administration urged the Supreme Court to invalidate the Affordable Care Act (Obamacare) as the Justice Department said the law is invalid because Congress ended the financial penalty for not having health insurance in 2017. WSJ

~ the case is not going to be heard until late fall, with any decision likely coming after Election Day.

Supreme Court rules to allow asylum seekers to be deported without court reviews. In a 7-2 decision, the court rules “expedited removal” process complies with the Constitution in which habeas corpus is not applicable to a foreigner who is not really seeking release, but legal status in the U.S. POLITICO

COVID-19

A more realistic estimate of coronavirus cases in the US could be 10 times higher according to CDC director Robert Redfield. The estimate comes after the agency tracked blood samples collected nationwide from COVID-19 antibodies tests. AXIOS

CDC revamped the list of underlying conditions that increase or may increase risks of severe illness from COVID-19. Revisions added pregnancy and sickle cell disease as risk factors and lowered the threshold of obesity (BMI 30 or higher) ASSOCIATED PRESS

WORLD

As many as 2.4 million Yemeni children could be pushed to ‘the brink of starvation’ and malnutrition due to shortages of humanitarian aid amid the COVID-19 pandemic, according to a new report from the United Nations Children’s Fund (UNICEF)

~ Yemen has been ravaged by a war between a Saudi Arabia–led military coalition and Iran-backed Houthi rebels since 2015. 

White House seeks to bolster Huawei rivals to secure a 5G future. Officials are discussing broad federal intervention includes prodding U.S. tech giants like Cisco to acquire European companies like Ericsson AB or Nokia Corp. WSJ

China warns the U.S. of crossing the “red line” in meddling with Chinese internal affairs could jeopardize the “Phase One” trade deal. In the past two weeks, Congress along with President Trump passed two bills sanctioning Chinese officials in regards to Hongkong and the Uighurs in Xinjiang WSJ

BUSINESS

Unilever said it will halt U.S. advertising on Facebook and Twitter for at least the remainder of the year, citing hate speech and divisive content on the platforms. The consumer good giants Unilever now joins a growing list of companies boycotting Facebook including Verizon, Patagonia, and North Face WSJ

Consumer spendings in the US increased by a sharp 8.2% in May, partly erases the record plunge from the pandemic. However, the gains are not likely to be sustainable. On the other hand, personal income fell 4.2% and is expected to decline further CNBC

RECOMMEND

A 17-year-old teenager built the world’s best pandemic and protest trackers. With a 1.7 GPA in school, he did not go to any college or boot camp. How did he do it? MIT TECH REVIEW

“Our best estimate right now is that for every case that’s reported, there actually are 10 other infections”
Centers for Disease Control and Prevention (CDC)


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