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New Deaths and Virus Cases Drop in Spain

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US Should Help Its Manufacturing Firms Move out of China, Kudlow Says

White House economic advisor Larry Kudlow suggested that the administration could lure U.S. companies to move back to the United States from China by paying for the entire cost of capital spending associated with relocation. “Plant, equipment, intellectual property structures, renovations—in other words, if we had 100 percent immediate expensing, we would literary pay the moving costs of American companies from China back to the U.S.,” Kudlow told Fox Business on April 9. His proposal was in response to a question about how the United States could reduce its reliance on manufacturing in China. “I think 100 percent expensing would be a very good thing, and by the way, it would be a very good thing for American companies here at home,” Kudlow said. The pandemic has disrupted global supply…

New Deaths and Virus Cases Drop in Spain

Spain’s daily CCP virus cases and deaths from COVID-19, the disease the virus causes, both dropped on Saturday, the Ministry of Health said.

Spain’s 4,850 new cases represented only a 3 percent increase. The number of new deaths, 510, was the lowest in nearly three weeks. Over 2,000 of the new cases were in Madrid or Catalonia, the two hardest hit regions.

Spanish authorities have said in recent days they believe the peak of the pandemic has arrived in the country, which has one of the highest death tolls from COVID-19 in the world.

While Spain also saw an uptick in hospitalizations, the number of those discharged from hospitals surged to 59,109, an increase of over 3,400.

Despite the fall in cases and deaths, authorities are still maintaining a lockdown and asking people to stay at home.

“Daily cases are falling thanks to everyone’s effort. Now we need the curve to go down and not to go up again. There is still a way to go and we have to walk it together,” the Ministry of Health said in a statement.

New Deaths and Virus Cases Drop in Spain People walk along Triana bridge during the CCP virus outbreak in the Andalusian capital of Seville, Spain, on April 10, 2020. (Marcelo del Pozo/Reuters)

Scores of businesses were shut down last month and people whose work was deemed nonessential were ordered to largely remain at home, with exceptions for essential trips.

Officials have been mulling how to phase out the lockdown.聽Some workers are being allowed to return to work starting Monday, including construction and manufacturing workers, and masks will be handed out at metro and train stations.

At the same time, Congress this week approved an extension of the strict lockdown measures until April 26.

Spanish Prime Minister Pedro S谩nchez told lawmakers he believes he’ll need to ask the legislature for another extension of 15 days before the new deadline arrives, reported El Pais.

“Because by then we will not have put an end to the pandemic,” he said.

S谩nchez’s party is in the minority, so he needs support from other groups to pass bills.

Some workers are being allowed to return to work starting Monday, including construction and manufacturing workers.

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Connecticut Governor Extends Lockdown Until May 20

Connecticut Gov. Ned Lamont signed an executive order Friday extending deadlines mandating people largely stay at home amid the COVID-19 pandemic to May 20. Lamont, a Democrat, left open the possibility of extending the deadlines even longer. “This is no doubt a difficult situation, but I cannot stress enough that these actions are saving lives by staying home,” he said in a statement. “While data is starting to show a flattening of the curve, we’re not out of the woods. Returning to normal too soon will have too many negative consequences.” Lamont told a briefing on Friday that people are “fighting a war” against COVID-19. He’s received texts and emails recently from small business owners wanting to re-open their stores and told them that “this silent enemy doesn’t just surrender.”…