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Red Pill

Fact Check: Trump does not own stake in a hydroxychloroquine drugmaker

John Carney
Breitbart
Tue, 07 Apr 2020 21:29 UTC
Donald Trump
© Olivier Douliery/AFP via Getty Images
Claim: "Donald Trump Has Stake In Hydroxychloroquine Drugmaker: Report"

That's the headline across a HuffPost story that goes on to claim that "President Donald Trump reportedly owns a stake in a company that produces hydroxychloroquine, the anti-malaria drug he has repeatedly touted as a coronavirus treatment even though his experts say there's no strong evidence it works."

Verdict: False.

The report cited by the HuffPost is from a New York Times story that said: "Trump himself has a small personal financial interest in Sanofi, the French drugmaker that makes Plaquenil, the brand-name version of hydroxychloroquine."

Trump's personal financial interest, however, does not include a stake in Sanofi-and the New York Times did not claim it did. Instead, Trump's financial disclosures show that his three family trusts each had investments in a $10.3 billion Dodge & Cox mutual fund that owns shares in Sanofi, the world's fifth-largest drugmaker by prescription sales. As of its latest disclosures, those holdings amount to just 3.3 percent of the fund's holdings.

Trump's most recent financial disclosure forms lists holdings in the Dodge & Cox International Fund valued between $1,001 and $15,000. That means Trump holds a maximum stake in the mutual funds of $45,000, giving him an indirect interest in Sanofi of $1,485 at the most.

His "financial interest" in Sanofi, which has a market capitalization of nearly $58 billion, could be as low as $99.10.
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Bad Guys

Trump threatens Modi over Covid-19 treatment export ban, France says lockdown will last 'as long as it needs to', and other corona-circus news


RT
Tue, 07 Apr 2020 19:49 UTC
lab coronavirus covid
© Reuters / Craig LassigResearchers work with coronavirus samples as a trial begins to see whether malaria treatment hydroxychloroquine can treat Covid-19, at the University of Minnesota in Minneapolis.
US President Donald Trump has warned that Washington may retaliate against New Delhi over a decision to bar exports of an experimental treatment for Covid-19, not long after asking his Indian counterpart to reverse the move.

Though India on Saturday imposed a blanket ban on the export of hydroxychloroquine - an antimalarial drug under clinical trial as a treatment for the coronavirus - Trump told reporters on Monday that New Delhi could face consequences if Prime Minister Narendra Modi fails to drop the restriction, insisting he wasn't aware that a final decision had been made.

"I don't like that decision. I didn't hear if that was his decision. I know he stopped it for other countries," Trump said, referring to the Indian PM. "I would be surprised if he would, because India does very well with the United States, for many years they've been taking advantage of the United States on trade."
If [Modi] doesn't allow it, that would be OK. But of course there may be retaliation. Why wouldn't there be?
Indian producers provide the US with nearly half of its supply of the drug, according to Bloomberg News. It has been repeatedly touted by President Trump as a potential treatment for the deadly virus gripping all 50 states and much of the world. While concrete evidence for its effectiveness against Covid-19 remains thin, testing is already underway in states like New York and Michigan, while US Surgeon General Jerome Adams acknowledged on Sunday that there were early signs the drug was "helping."

Comment: India responded quickly:
New Delhi has agreed to ship Hydroxychloroquine (HCQ) to the nations most impacted by Covid-19 and urged not to "politicize" the issue after US President Donald Trump threatened "retaliation" for its drug export ban.

"In view of the humanitarian aspects of the pandemic, it has been decided that India would license paracetamol and hydroxychloroquine in appropriate quantities to all our neighboring countries... dependent on our capabilities," Foreign Ministry spokesperson Anurag Srivastava said on Tuesday.
We will also be supplying these essential drugs to some nations who have been particularly badly affected by the pandemic.
Srivastava warned against "any speculation in this regard or any attempts to politicize the matter."
France's health minister said this regarding when the country may see the end of its lockdown:
"We are not at the peak of the epidemic yet... We are still at the aggravation phase," Health Minister Olivier Veran said in an interview with BFM TV on Tuesday.

"It is too early to talk about ending the isolation," Veran said. "The isolation [regime] will last as long as it needs to... It's up to each of us in our daily behavior to understand that by staying inside we are saving lives. We have to be patient. Our patience saves lives."
And kills others...

For the first time, China reported no new deaths. Italy's deputy health minister says the corona "tsunami" is "gradually receding" in the country, "but hugs and kisses can only return to Italian life after a vaccine is found." Trump blasted the WHO on Twitter for being pro-China:


The acting US Navy secretary has resigned over the USS Theodore Roosevelt scandal (less than an hour after Pelosi demanded his removal). Rand Paul, who had tested positive for the virus 2 weeks ago, was retested as negative, and is now volunteering at a hospital in Kentucky.


Also on a lighter note, here's a rhino enforcing lockdown in Nepal:

See also:

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Eye 1

For your 'protection': WhatsApp tightens message forwarding restrictions to combat 'coronavirus misinformation'

Ryan Browne
CNBC
Tue, 07 Apr 2020 20:01 UTC
whatsapp coronavirus
© Rafael Henrique | SOPA Images | LightRocket via Getty ImagesThe WhatsApp logo seen displayed on a smartphone with a computer model of the COVID-19 coronavirus in the background.
WhatsApp is tightening its limits on message forwarding even further, in a bid to stem the spread of misinformation amid the coronavirus pandemic.

The Facebook-owned messaging app is expanding on global measures it put in place last year which restricted the number of times people could pass on frequently forwarded messages to five chats at once.

The company has now reduced the amount of chats to which users can share frequently forwarded content to just one at a time. It announced the new changes in a blog post Tuesday.

Comment: There are better messaging programs out there than a misbegotten child of Facebook and Israel

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Attention

5G and the COVID connection?

Jon Rappoport
Jon Rappoport's Blog
Tue, 07 Apr 2020 20:01 UTC
Covid19 and 5G
© ZME Science
— No blanket assertions here. No claims that 5G technology "activates the virus." No across-the-board answers. Instead, several key questions, and a few possible clues.

I have to set the context. As I've been emphasizing, what is being called COVID-19 is not one disease with one cause. It's not one thing.

Instead, people with VARIOUS traditional diseases are being corralled, clustered, and counted by public health officials under ONE fake umbrella term, "COVID-19."

I've also emphasized that in these fake-cluster situations, some people may be suffering from new conditions. For example, the effects of a vaccination campaign — which, by the way, was apparently carried out in a region of northern Italy prior to "the emergence of COVID."

In this article, I have comments on 5G wireless technology — not as an all-inclusive explanation for "COVID" — but as a possible explanation for what several doctors are observing in some patients in New York and Italy.

What are they observing? Extreme shortness of breath, life threatening, but without the usual indicators of respiratory failure or failure of the lungs to operate. The lungs can operate. The patients are apparently suffering from straight oxygen deprivation. Lack of oxygen. As if they were suddenly thrust into high altitude.

Several doctors are saying these patients must be given oxygen through breathing ventilators — but not at high pressure, because that could damage the lungs and even cause death. Instead, the increase in oxygen must be gently accomplished.
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Bad Guys

Judicial Watch: FBI uses COVID-19 panic as barrier for obtaining anti-Trump dossier records


Judicial Watch
Mon, 23 Mar 2020 19:45 UTC
Judicial Watch
Judicial Watch today released a joint status report in its Freedom of Information Act (FOIA) lawsuit for records about top Justice Department official Bruce Ohr and his wife Nellie Ohr, in which the DOJ states it has suspended electronic FOIA operations. The Ohrs were involved in the anti-Trump dossier authored by former British spy Christopher Steele.

The Justice Department claims it is currently unable to continue searching for documents because the employees who would conduct the search in the FBI Records / Information Dissemination Section (RIDS) are, "non-mission critical" during the COVID-19 pandemic and were ordered to stay at home beginning March 17, 2020.
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Chess

Trump could impose 'very substantial' tariffs on oil imports, but doesn't think he'll need to do so

Kevin Stankiewicz
CNBC
Sun, 05 Apr 2020 19:40 UTC
oil rigs
© Reuters
President Donald Trump on Sunday reiterated his threat to target foreign oil as global producer infighting continues to impact the price of crude, saying he could impose 'very substantial tariffs' to protect the American energy industry but doesn't think he will need to do so.

"I would use tariffs, if I had to. I don't think I'm going to have to," Trump said at a White House briefing on the coronavirus. Trump on Saturday also signaled a willingness to implement tariffs on foreign oil.

The president said he thought there would ultimately be an agreement on production levels between Saudi Arabia and Russia.
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Bad Guys

Taliban breaks off talks with Afghan government on prisoner exchange - efforts deemed 'fruitless'


RFE/RL
Tue, 07 Apr 2020 19:34 UTC
taliban prisoners afghanistan
© Rahmat Gul/Associated PressTaliban prisoners are seen inside the Pul-e Charkhi jail in Kabul.
The Taliban has broken off talks with the Afghan government on a prisoner exchange, a main step in peace talks being brokered by the United States.

Suhail Shaheen, a spokesman for the Taliban's political office in Qatar, tweeted on April 7 that a technical team would not participate in "fruitless meetings."

Shaheen blamed the administration of Afghan President Ashraf Ghani for delaying the prisoner release "under one pretext or another."

Comment:

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Eye 1

Eyes wide open: The masters of the universe...will they notice no one takes them seriously anymore?

Alastair Crooke
Strategic Culture Foundation
Mon, 06 Apr 2020 00:00 UTC
Coronavirus
© The Federalist/KJNA viral universe
The intrusion of some wholly extraneous event - like a pandemic - into any given status quo doesn't necessarily break it, in and of itself. But it exposes cruelly the shortcomings and workings of the existing status quo. It shows them, as not just stark naked, but also with its dark backstage of barely legal, dole-outs to business, and Wall Street friends, suddenly spotlighted.

Fyodor Dostoevsky sets out in The Brothers Karamazov an allegory that can be applied to our times, but was set in Seville, in the most terrible time of the Inquisition, when fires were lighted every day to the glory of God (rather than today's 'glory to Mammon'), and in that splendid auto da fé, when wicked 'heretics' were burnt alive. It was published in 1880.

Into this city an entirely extraneous (shall we say non-human) event occurs, that deeply unsettles society: Citizens are suddenly snatched-up from their humdrum daily slog to see the status quo afresh - but now with eyes wide open.

Comment: Are mortality rates from Covid-19, as suggested, rising all over the world at a faster rate? Given the inequality and inconsistency of attributable cases over time, we could merely be at the bump in the curve. Or, all the ambiguity could feed some urgent dictate to prolong mass sequestration and if so, for what and why?

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Arrow Up

Stock markets surge as virus signs are hopeful

Roland Jackson
International Business Times
Tue, 07 Apr 2020 11:44 UTC
Stock watcher
© Unknown
Global stock markets posted strong gains for a second straight session Tuesday as investors seized on signs of a slowdown in the spread of the coronavirus, while some governments began making plans to ease restrictions.

"Investors are betting that the coronavirus outbreak may have peaked and are ignoring the economic slump that we are in," said Fawad Razaqzada, an analyst with Trading Candles. But Razaqzada also said he "wouldn't be surprised if the rally were to end abruptly because the economic impact of COVID-19 is going to be severe".

In the meantime, oil was energised by hopes that key producers will agree to cut output at this week's emergency OPEC+ video meeting, which will address virus-sapped demand and a price war.

Following on from gains in Asian and European equities, Wall Street also posted solid gains in the late New York morning when the Dow was up by more than 600 points.

"Equities are still racing higher, as the news from key countries like Spain and Italy remains positive," said IG analyst Chris Beauchamp. "Stocks continue to rally as investors look for the positives in the current global outlook."

Tokyo, Hong Kong and Shanghai stocks all finished around two percent higher.

Comment: Others are not so excited, warning dire times ahead
The US stock market has rallied for a second day in a row on hopes that the Covid-19 pandemic is slowing and the global economy is getting back to business. Not so fast, CEO of Euro Pacific Capital Peter Schiff tells Boom Bust.

See also:

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USA

Trump issues Executive Order supporting space resources utilization


Space Daily
Mon, 06 Apr 2020 00:00 UTC
Trump and Space guys
© File ImageUS President Trump signing Executive Order reestablishing the National Space Council
President Donald J. Trump has signed an Executive Order on Encouraging International Support for the Recovery and Use of Space Resources. This order addresses U.S. policy regarding the recovery and use of resources in outer space, including the Moon and other celestial bodies. Dr. Scott Pace, Deputy Assistant to the President and Executive Secretary of the National Space Council, released the following statement on behalf of the Administration:
"As America prepares to return humans to the Moon and journey on to Mars, this Executive Order establishes U.S. policy toward the recovery and use of space resources, such as water and certain minerals, in order to encourage the commercial development of space.

"The order reaffirms U.S. support for the 1967 Outer Space Treaty while continuing to reject the 1979 Moon Agreement, which only 17 of the 95 Member States of the United Nations Committee on the Peaceful Uses of Outer Space have ratified in the past four decades. The order further clarifies that the United States does not view outer space as a 'global commons,' and it reinforces the 2015 decision by Congress that Americans should have the right to engage in the commercial exploration, recovery, and use of resources in outer space."
Additional highlights:

+ The President has directed the Secretary of State to object to any attempt to treat the 1979 Moon Agreement as representing customary international law. This Agreement represents a failed attempt at constraining free enterprise and it does not represent the bright future of a growing space economy.

+ The Secretary of State is further directed to lead the U.S. Government's effort to encourage international support for the recovery and use of outer space resources. To this end, the United States will seek to negotiate joint statements, bilateral and multi-lateral agreements and other instruments regarding safe and sustainable use of space resources with like-minded states.

+ As the United States continues towards its goal of placing the first woman and next man on the Moon by 2024 and landing the first human on Mars, the Administration will seek every opportunity to work with commercial, international, and non-government organizations to ensure that American ideals of transparency, partnership, free and fair trade, and private enterprise are part of humanity's expansion in space.

See below for the text of the Executive Order:

Comment: See also: Russia blasts Trump's space grab as an 'aggressive expropriation attempt'

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