New York, New Jersey Set Up Mandatory Quarantine Requirement Amid Ebola Threat
Christie: New Policy Has Already Been Used At Newark Liberty International Airport
October 24, 2014 5:00 PM
NEW YORK (CBSNewYork/AP) — In the wake of the first confirmed Ebola virus case in New York City, the states of New York and New Jersey have set up a new screening system that goes above and beyond the guidelines already set up by federal officials.
As CBS 2’s Alice Gainer reported, no other states have yet set up increased screening procedures for Ebola.
“We believe it’s appropriate to increase the current screening procedures from people coming from affected countries from the current (Centers for Disease Control and Prevention screening procedures),” Gov. Andrew Cuomo said Friday afternoon. “We believe it within the State of New York and the State of New Jersey’s legal rights.”
Under the new rules, state officials will establish a risk level by considering the countries that people have visited and their level of possible exposure to Ebola.
The patients with the highest level of possible exposure will be automatically quarantined for 21 days at a government-regulated facility. Those with a lower risk will be monitored for temperature and symptoms, Cuomo explained.
50 Percent Of American Workers Make Less Than 28,031 Dollars A Year
By Michael Snyder, on October 23rd, 2014
The Social Security Administration has just released wage statistics for 2013, and the numbers are startling. Last year, 50 percent of all American workers made less than $28,031, and 39 percent of all American workers made less than $20,000. If you worked a full-time job at $10 an hour all year long with two weeks off, you would make $20,000. So the fact that 39 percent of all workers made less than that amount is rather telling. This is more evidence of the declining quality of the jobs in this country. In many homes in America today, both parents are working multiple jobs in a desperate attempt to make ends meet. Our paychecks are stagnant while the cost of living just continues to soar. And the jobs that are being added to the economy pay a lot less than the jobs lost in the last recession. In fact, it has been estimated that the jobs that have been created since the last recession pay an average of 23 percent less than the jobs that were lost. We are witnessing the slow-motion destruction of the middle class, and very few of our leaders seem to care.
New York and New Jersey Tighten Ebola Screenings at Airports
By MARC SANTORAOCT. 24, 2014
The governors of New York and New Jersey announced Friday afternoon that they were ordering all people entering the country through two area airports who had direct contact with Ebola patients in Sierra Leone, Liberia and Guinea to be quarantined.
The announcement comes one day after an American doctor, who had worked in Guinea and returned to New York City earlier in October, tested positive for Ebola and became the first New York patient of the deadly virus.
“A voluntary Ebola quarantine is not enough,” said Gov. Andrew M. Cuomo of New York. “This is too serious a public health situation.”
Outlined in a late afternoon news conference, the new protocols raised a host of questions about how, exactly, the screening process would work and who, exactly, it would target. The two airports in question are Kennedy International Airport and Newark Liberty International Airport.
The rapid escalation of screening measures came as a surprise after a day in which public officials had gone to great lengths to ease public anxiety.
First Majestic CEO wants silver miners to form counter-cartel against futures shorters
Submitted by cpowell on 10:14PM ET Thursday, October 23, 2014. Section: Daily Dispatches
12:10a CT Friday, October 24, 2014
Dear Friend of GATA and Gold:
First Majestic Silver CEO Keith Neumeyer, interviewed by Future Money Trends, argues that silver miners should form a counter-cartel to combat the investment houses selling silver short on futures markets. The interview is 16 minutes long and can be heard at Future Money Trends here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Jim Sinclair’s Commentary
China thinks ahead and acts. The West does not think and reacts.
China Scores Cheap Oil 14,000 Miles Away as Glut Deepens
By Bloomberg News Oct 24, 2014 6:43 AM ET
China is finding oil supplies 14,000 miles away, aided by the global rout in prices that’s left producers vying for new markets.
PetroChina Co. said it bought Colombian crude for a northern refinery for the first time because it was good value. The transaction underscores how the world’s second-biggest oil consumer is benefiting as producers from the Middle East to Latin America vie for customers in Asia.
Brent oil futures tumbled to the lowest level since 2010 as the highest U.S. output in almost 30 years cuts its consumption of foreign crude. OPEC’s biggest producers are reducing prices to defend their market share. China consumed the second-biggest amount of crude on record in September and imported the largest volume ever for that time of year, customs data show.
“China will just look to get the cheapest crude possible from whatever source it can,” Virendra Chauhan, a London-based analyst at Energy Aspects Ltd., said by phone Oct. 21. “I expect a lot more volumes flowing to China in particular.”
The country’s crude imports rose 7.8 percent to 27.6 million tons, or 6.74 million barrels a day, in September from last year, the data show. The number of supertankers sailing toward China’s ports surged to a nine-month high last week, according to IHS Fairplay vessel-tracking signals compiled by Bloomberg as of Oct. 17.
New York doctor becomes fourth to be diagnosed with Ebola in US
Doctor who returned to US from West Africa with a fever tests positive for Ebola at a New York City hospital
By Josie Ensor, US Correspondent
1:51AM BST 24 Oct 2014
A doctor who recently returned to the US from treating Ebola patients in West Africa has become the fourth person in the country to be diagnosed with the disease.
Craig Spencer, 33, who returned from Guinea nine days ago, was admitted to Bellevue Hospital in Manhattan with a temperature of 39.4-degrees Celsius, presenting a fever and diarrhea.
Initial tests for the disease returned positive, according to city officials.
Dr Spencer had been working for a month with Doctors without Borders in Guinea – one of three West African nations hardest hit by Ebola.
He arrived back in the US on Oct. 14 on a flight that stopped in Brussels.
He began to feel ill on Tuesday but did not develop a fever until Thursday morning, when he informed the authorities.
The Centers for Disease Control and Prevention (CDC) advises those returning from Ebola-hit countries to monitor their health for a 21-day incubation period, remoting any symptoms to authorities.
Bill de Blasio, the city’s mayor, confirmed Dr Spencer’s positive test at a late-night press conference, but urged residents not to panic, insisting the city was fully prepared to stop the disease in its tracks.
NYPD Stunner: Cops Exit Ebola Victim Apartment, Dump Gloves, Masks In Sidewalk Trash Can
Submitted by Tyler Durden on 10/24/2014 – 09:11
If there was one theme from last night’s Cuomo/De Blasio Ebola press conference it was ‘how everyone has been preparing for months’ for Ebola. We can all be reassured, right? Wrong! As The Daily Mail reports(and these stunning photos show), the police officers involved in securing Dr. Spencer tossed their gloves, masks and the caution tape used to block off access to his apartment in a public trash can.
Ottawa nears deal to become trading hub for yuan
Nathan VanderKlippe and Adrian Morrow
Published Thursday, Oct. 23 2014, 6:44 PM EDT
Last updated Thursday, Oct. 23 2014, 7:39 PM EDT
The Canadian business establishment expects Ottawa to soon consummate a deal with Beijing that would foster far easier trade between the loonie and China’s currency.
“There’s a high likelihood” an agreement toward building a settlement hub for the yuan, also called the renminbi, will be struck in early November, said Neil Tait, a former long-time banking executive in China who is now vice-chair of the Canada-China Business Council.
“If it doesn’t happen, there will be many of us disappointed,” said Mr. Tait, who has been among those most committed to the idea.
Official talks toward creation of a Canadian settlement hub for the yuan have been ongoing for months, and have involved multiple meetings between the department of finance and the People’s Bank of China, Mr. Tait said. The basic structure of a deal, which would likely include initial establishment of a $30-billion swap line, appears to have been worked out, he said.
It’s not clear whether a deal has been formally concluded, and political issues may yet block its completion. But a Bay Street source said Sino-Canadian talks on the matter are going well and there has been no word of anything that would stop a deal being reached.
Ebola patient doctor tracked to New York trains, taxis and the High Line
Epidemiologists use Craig Spencer’s Metrocard and credit card to trace his movements around the city
Nicky Woolf in New York
theguardian.com, Friday 24 October 2014 02.55 EDT
Craig Spencer was halfway through the recommended 21-day self-monitoring period for those at risk from the Ebola virus when he went bowling in Brooklyn.
The 33-year-old physician had been working with Doctors Without Borders on the Ebola outbreak in Guinea, one of the three west African countries worst affected by the virus. He finished his work there on 12 October and left the country on 14 October, flying home to John F Kennedy airport in New York via Europe. He arrived in New York on 17 October.
In the days since returning to his apartment in Harlem, he was careful to check his temperature twice a day as part of his monitoring process.
But at some point between returning home from Guinea and experiencing symptoms, officials said, Spencer took a three-mile jog, despite being on a self-imposed limited-contact regime.
Certainly, it seems likely that he thought he was in the clear by Wednesday evening, when he decided to go with friends to Gutter, a bowling alley in Williamsburg.
He did, authorities confirmed at a press conference on Thursday, bowl.
During the day on Wednesday, he may have walked on the High Line – a popular tourist attraction on the west side of Manhattan built on a former elevated railway – and may have also eaten at a restaurant near there, according to officials.
Foreign central banks cut U.S. bond stakes to lowest since May
NEW YORK, Oct 23 (Reuters) – Foreign central banks slashed their holdings of U.S. Treasuries at the Federal Reserve to their lowest level since May, Fed data released on Thursday showed.
Analysts said the decline in U.S. government bond holdings likely stemmed from a combination of factors including booking profits on the recent rally in Treasuries, and the dollar which hit a four-plus year peak earlier this month.
"Some central banks might be selling dollar to arrest its rise against their currencies. While export-oriented countries typically like a stronger dollar, they don’t want it go up too fast because they could make some imports very expensive," said Christopher Low, chief economist at FTN Financial.
Foreign central banks’ holdings of Treasuries at the Fed fell $20.269 billion, which was the biggest weekly decline in seven months, to $2.961 trillion in the week ended Oct. 22.
Overseas official holdings of Treasuries declined for a fifth straight week, totaling $69 billion.
Their stakes in U.S. agency debt declined $1.442 billion in the latest week to $288.081 billion.
Their combined holdings of U.S. debt at the central bank contracted by $21.908 billion to $3.291 trillion.
The decline in Treasuries holdings in recent weeks suggested a reversal of what happened in August when there was a $11.4 billion in net foreign official inflows in U.S. assets.