COVID Corruption Media ArticlesExcerpts of Key COVID Corruption Media Articles in Major Media
Below are key excerpts of revealing news articles on COVID corruption from reliable news media sources. If any link fails to function, a paywall blocks full access, or the article is no longer available, try these digital tools.
For further exploration, delve into our comprehensive Coronavirus Information Center.
Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.
The cost of vaccinating the world against COVID-19 could be at least five times cheaper if pharmaceutical companies weren't profiteering from their monopolies on COVID-19 vaccines, campaigners from The People's Vaccine Alliance said today. New analysis by the Alliance shows that the firms Pfizer/BioNTech and Moderna are charging governments as much as $41 billion above the estimated cost of production. Colombia, for example, has potentially overpaid by as much as $375 million for its doses of the Pfizer/BioNTech and Moderna vaccines, in comparison to the estimated cost price. Despite a rapid rise in COVID cases and deaths across the developing world, Pfizer/BioNTech and Moderna have sold over 90 percent of their vaccines so far to rich countries, charging up to 24 times the potential cost of production. Neither company have agreed to fully transfer vaccine technology and know-how with any capable producers in developing countries, a move that could increase global supply, drive down prices and save millions of lives. Analysis of production techniques for the leading mRNA type vaccines produced by Pfizer/BioNTech and Moderna ―which were only developed thanks to public funding to the tune of $8.3 billion― suggest these vaccines could be made for as little as $1.20 a dose. Yet COVAX, the scheme set up to help countries get access to COVID vaccines, has been paying, on average, nearly five times more.
Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma profiteering and coronavirus vaccines from reliable major media sources.
Strong sales of its COVID-19 vaccine and other medicines helped Pfizer nearly double its second-quarter revenue and boost its profit an impressive 59%, beating Wall Street expectations and leading the drug giant to sharply hike its 2021 sales and profit forecasts. Amid the surging coronavirus pandemic, the COVID-19 vaccine became Pfizer's top seller, bringing in nearly half its revenue – $7.84 billion from direct sales and revenue split with its partner, Germany's BioNTech. Pfizer now anticipates revenue from the two-dose vaccine this year to reach $33.5 billion for the 2.1 billion doses it's contracted to provide by year end. That doesn't include a contract struck last week to provide an additional 200 million doses to the U.S. The New York company on Wednesday disclosed that ongoing testing of a booster shot, given six months after the second vaccine dose, showed it raised antibody levels against the more-transmissible Delta variant to 11 times higher in older people and five times higher in younger people, compared to levels after two doses. Pfizer has delivered more than 1 billion doses of the vaccine globally and expects to make 3 billion doses this year, with many more going to low- and middle-income countries from now through year's end. Most doses of all the COVID-19 vaccines produced in Europe and the U.S. so far have gone to wealthy countries.
Note: When public health is at stake, should private companies be making huge profits like this? Read more in this information article. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma profiteering and coronavirus vaccines from reliable major media sources.
The influential American Postal Workers Union on Wednesday said, at this point, it opposes a coronavirus vaccine mandate from the Biden administration but encouraged workers to voluntarily take the jabs. "While the APWU leadership continues to encourage postal workers to voluntarily get vaccinated, it is not the role of the federal government to mandate vaccinations for the employees we represent," the union said in a statement. The union said ... that the safety of its workers is "of paramount importance" but "at this time the APWU opposes the mandating of COVID-19 vaccinations." The Food and Drug Administration in December approved the Emergency Use Authorization for the Pfizer and Moderna vaccines. But there is a distinction between the EUA and full FDA approval. President Biden said at a recent CNN town hall that he believes the full FDA approval should be granted by the fall. A full FDA approval means that companies and government bodies will have a firmer legal footing to mandate the jabs. Biden said he is considering requiring all federal employees to be vaccinated. "That's under consideration right now," Biden said. Richard Trumka, the president of the AFL-CIO, told C-SPAN that the union supports vaccine mandates. Reuters, citing a source familiar with the matter, reported that Biden is expected Thursday to announce that about two million civilian federal workers "will need to be vaccinated or face testing, social distancing, mask requirements and limits on travel."
Note: Why did no other major media pick up this significant news? For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.
The Center for Countering Digital Hate published "The Disinformation Dozen" – a report on the 12 influencers it claimed were responsible for 65 percent of anti-vaccine falsehoods disseminated on Facebook and other social media platforms. But the story of charlatans peddling fake cures and political conspiracy theories isn't the only part of the Covid misinformation saga. Distrust in public-health messaging is also sown when public-health messengers show themselves to be less than completely trustworthy. The latest set-to in this drama was a July 20 screaming match between Dr. Anthony Fauci and Senator Rand Paul. The Kentucky Republican suggested that Fauci had lied to Congress in claiming that the National Institutes of Health had never funded gain-of-function research at the Wuhan Institute of Virology. Fauci took vehement exception, saying the research that the N.I.H. had funded ... didn't qualify as gain-of-function, a research technique in which a pathogen is made more transmissible. The larger truth – obscured until recently by fervent efforts (including by Fauci) to dismiss the lab-leak theory for the origins of the pandemic – is that the U.S. government's scientific establishment did support gain-of-function research that deserved far more public debate than it got. Beneficiaries of that funding engaged in deceptive tactics and outright mendacity to shield their research from public scrutiny while denouncing their critics as conspiracymongers.
Note: Read what happened when the publisher of "The Real Anthony Fauci" tried to place a full page ad in the New York Times for this #1 best seller. And why have all major media refused to review this book which is rated 4.8 stars on Amazon and has over 2,000 footnotes to back up the claims made? For more along these lines, see concise summaries of deeply revealing news articles on media manipulation and the coronavirus from reliable sources.
Anti-lockdown protesters have marched in major Australian cities, as Covid cases spiked to record numbers in Sydney and authorities warned of a "continuing and growing problem". Thousands of angry, unmasked people marched through the Sydney central business district on Saturday afternoon demanding an end to the city's lockdown, which is entering its fifth week. After protesters were dispersed, the New South Wales police minister, David Elliott, announced the formation of a strike force to identify each of the 3,500 protesters at the "super spreader" event. Elliott said 57 people were arrested and several police officers had been assaulted. In Melbourne, thousands of protesters turned out in the central business district chanting "freedom". An AAP photographer on scene described the rally as initially "eerie" with the crowd maskless and verbally aggressive, but said the atmosphere later mellowed. Some protesters lit flares as they gathered outside Victoria's Parliament House. Protesters held banners, including one that read: "This is not about a virus, it's about total government control of the people." The protest was brought to a violent end by police. An AAP photographer wearing visible press accreditation was pepper sprayed as police cleared the rally, as were other photographers.
Note: Watch a two-minute video on the recent major lockdown protests around the world that received little coverage. More here, here, and here. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
Many adults report that the pandemic has been hard on their mental health. For kids, some experts say, it has become a crisis. Children's hospitals around the country say they have seen a meteoric rise in the number of children who need mental health help. Access to care, which was a problem before the pandemic, particularly for kids of color, has gotten much worse. Several children's hospitals said the supply of inpatient psychiatric beds has been so short, they've had to board kids in their emergency departments - sometimes for weeks. "We really have never seen anything like this rapid growth in kids presenting with mental health problems," said Jenna Glover ... at Children's Hospital Colorado. It got so bad, Children's Hospital Colorado declared a "state of emergency" in May. The number of kids they treated for anxiety doubled - and depression numbers tripled - compared to pre-pandemic levels. In January through April of this year, behavioral health emergency department visits were up 72% over the same time period two years ago, the hospital said. Other hospitals saw even bigger increases. In January, Wolfson Children's Hospital in Jacksonville, Florida, for example, said it saw a 300% increase in the number of behavioral health emergency admissions since April 2020. Nationally, the US Centers for Disease Control and Prevention found emergency department visits for suspected suicide attempts during February and March of 2021 were more than 50% higher for teen girls, compared to 2019.
Note: See more in this Washington Post article and this even deeper article. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
A tremendous number of government and private policies affecting kids are based on one number: 335. That is how many children under 18 have died with a Covid diagnosis code in their medical record, according to the Centers for Disease Control and Prevention. Yet the CDC, which has 21,000 employees, hasn't researched each death to find out whether Covid caused it or if it involved a pre-existing medical condition. Without these data, the CDC Advisory Committee on Immunization Practices decided in May that the benefits of two-dose vaccination outweigh the risks for all kids 12 to 15. I've written hundreds of peer-reviewed medical studies, and I can think of no journal editor who would accept the claim that 335 deaths resulted from a virus without data to indicate if the virus was incidental or causal. Johns Hopkins worked with the nonprofit FAIR Health to analyze approximately 48,000 children under 18 diagnosed with Covid in health-insurance data. Our report found a mortality rate of zero among children without a pre-existing medical condition. The National Education Association has been debating whether to urge schools to require vaccination before returning to school in person. How can they or anyone debate the issue without the right data? Meanwhile ... Alameda County, Calif., reduced its Covid death toll by 25%. after state public-health officials insisted that deaths be attributed to Covid only if the virus was a direct or contributing factor.
Note: Alameda County corrected their COVID death figures, but how many other counties throughout the US did not? If you can't access this article on the WSJ website, go to this webpage. For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.
As Covid raged, so did the country's other epidemic. Drug overdose deaths rose nearly 30 percent in 2020 to a record 93,000, according to preliminary statistics released Wednesday by the Centers for Disease Control and Prevention. It's the largest single-year increase recorded. The deaths rose in every state but two, South Dakota and New Hampshire, with pronounced increases in the South and West. Several grim records were set: the most drug overdose deaths in a year; the most deaths from opioid overdoses; the most overdose deaths from stimulants like methamphetamine; the most deaths from the deadly class of synthetic opioids known as fentanyls. In recent years, annual drug overdose deaths had already eclipsed the peak yearly deaths from car crashes, gun violence or the AIDS epidemic. The death toll from Covid-19 surpassed 375,000 last year, the largest American mortality event in a century, but drug deaths were experienced disproportionately among the young. In total, the 93,000 deaths cost Americans about 3.5 million years of life, according to a New York Times analysis. By comparison, coronavirus deaths in 2020 were responsible for about 5.5 million years of life. The pandemic itself undoubtedly contributed to the surge in overdose deaths, with disruption to outreach and treatment facilities and increased social isolation. Overdose deaths reached a peak nationally in the spring of 2020, in the midst of the pandemic's most severe period of shutdowns and economic contraction.
Note: This is one of the many, sad but predictable consequences of the lockdown. Note also that the NY Times blames it on the pandemic never once mentioning it was the consequences of the lockdown much more than the pandemic itself that caused these many deaths. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and health from reliable major media sources.
Worsening inequality, as poorer people and nations lose years of gains in the battle against hunger and poverty, is likely to be one of the lasting legacies of the pandemic. New data released by the United Nations ... illustrates the unequal impact as measured by access to a basic human necessity: Food. Global hunger shot up by an estimated 118 million people worldwide in 2020, according to the U.N. Food and Agriculture Organization, jumping to 768 million people – the most going at least as far back as 2006. The number of people living with food insecurity – or those forced to compromise on food quantity or quality – surged by 318 million, to 2.38 billion. In North America and Europe, formal employment, social safety nets and the widespread availability of remote work cushioned the blow. In those parts of the world, the percentage of people living with food insecurity edged up from 7.7 percent to 8.8 percent. But the developing world, home to billions of informal workers and gaps in government assistance, fared far worse. Latin America and the Caribbean saw the biggest one-year spike in food insecurity: a jump of nine percentage points, to 40.9 percent. "Governments need to open their eyes and adjust their thinking in a crisis, and in some cases, like Peru, they just didn't," said Torero of the U.N. Food and Agriculture Organization. "They had the money available to deal with the problem. But they imposed restrictions on movement blindly and did not find a way to help the people who needed it."
Note: The tragic increase of hunger and starvation worldwide is not a result of the pandemic, but rather of the lockdown in response to the pandemic. Why is that not even mentioned in this article? Many millions have died of starvation and suicide as a result of the lockdowns, yet so few care or are even aware of this. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and income inequality from reliable major media sources.
The cost of vaccinating the world against COVID-19 could be at least five times cheaper if pharmaceutical companies weren't profiteering from their monopolies on COVID-19 vaccines, campaigners from the People's Vaccine Alliance said today. New analysis by the Alliance shows that the firms Pfizer/BioNTech and Moderna are charging governments as much as $41 billion above the estimated cost of production. Colombia, for example, has potentially overpaid by as much as $375 million for its doses of the Pfizer/BioNTech and Moderna vaccines, in comparison to the estimated cost price. Despite a rapid rise in COVID-19 cases and deaths across the developing world, Pfizer/BioNTech and Moderna have sold over 90 percent of their vaccines so far to rich countries, charging up to 24 times the potential cost of production. Last week Pfizer/BioNTech announced it would licence a South African company to fill and package 100 million doses for use in Africa, but this is a drop in the ocean of need. Neither company have agreed to fully transfer vaccine technology and know-how with any capable producers in developing countries, a move that could increase global supply, drive down prices and save millions of lives. Analysis of production techniques for the leading mRNA type vaccines produced by Pfizer/BioNTech and Moderna â₏•which were only developed thanks to public funding to the tune of $8.3 billionâ₏• suggest these vaccines could be made for as little as $1.20 a dose.
Note: For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines and Big Pharma profiteering from reliable major media sources.
New fear-based headlines are popping up every day about the SARS-COV-2 delta variant, now the dominant strain in the U.S., with the focus on evidence of its increased transmissibility, questions about its particular ability to "break through" vaccine protection and the impact that the variant may have on a return to school. The public health emergency of the pandemic as we knew it in California has entered a new stage. We are now in a "control" phase in our state. Vaccines provide a force field of immunity in our communities that leave mainly unvaccinated, high-risk individuals (and those without prior COVID-19 infection) vulnerable to serious disease. That number is getting smaller every day ... and the epidemiology is clear that children are not at high-risk for severe disease. There is no evidence that children have served as vectors for transmission of the virus, have worse long-term outcomes or that the delta variant has led to higher rates of hospitalization in children. In fact, we are seeing exactly what we would expect to see with a successful vaccination campaign: As more adults gain immunity, children are protected, too. This is particularly important as plans for school reopening in the fall reach high gear. The negative health and educational impacts of school closures on children are now abundantly clear. The WHO Europe's guidance should be taken to heart by state and local officials here in California: In-person restrictions and school-closure should be a measure of last resort.
Note: California remains on the only U.S. state which requires children to wear masks in school. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
Santa Clara County health leaders announced a drop in its COVID-19 death toll by nearly a quarter after it refined its approach in reporting the data. The county reported that it had reviewed each COVID-19 fatality and was only counting those whose cause of death was from the virus and not those who tested positive for COVID-19 at the time of death but did not necessarily die from the virus. The new approach meant that the death toll dropped by 22%, specifically from 2,201 to 1,696 deaths. "It is important to go back and do this accounting to see if COVID was actually the cause of death," said ... Infectious Disease expert Dr. Monica Gandhi. "I think that transparent communication is an upside, I mean, in the sense that it's true that if we did this across the nation, it would bring our death rate lower. A downside of that, could be that people will say, â€Well, it wasn't as serious as you said.'" The refined approach in Santa Clara County comes as county officials try to figure out the true impact of the virus on the community. Last month, Alameda County health leaders refined their approach to reporting COVID-19 deaths as well and also registered a drop in that county's death toll by about a quarter. "In the midst of everything COVID people were sort of putting down that cause of death as COVID," Gandhi said. "It is important to go back and do this accounting to see if COVID was actually the cause of death." Gandhi believes the Centers for Disease Control and Prevention may soon ask all counties to do the same.
Note: Read an informative article showing how COVID numbers have been inflated in many ways. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
Sweden broke with most of the rest of the world and never mandated that people wear masks during the coronavirus pandemic. Now its even dropping its loose recommendation to use them. Sweden's Public Health Agency said that its recommendation people wear face masks on rush hour on public transport ends on Thursday. It had advised masking between 7 a.m. and 9 a.m., and 4 p.m. and 6 p.m., but only when people could not easily distance themselves from others. There were no circumstances in which the government said people had to wear masks in other public places. The agency says on its website that "advice on mouth protection in public transport during rush hour is removed" from July 1. The announcement comes as part of a wider easing on the same day, including the axing of restrictions on restaurant opening hours and more people being allowed at events. Jan Albert, an infectious diseases expert at Sweden's Karolinska Institute, [said] that he thought Sweden's new change made sense. He cited the falling number of new coronavirus cases in Sweden ... and the fact that many of the most vulnerable people in Sweden have now been vaccinated. Most of the world's governments have required people to wear face masks in certain situations, and some European countries have made people wear them outside. While other nations implemented lockdowns, Sweden had few rules. But its deaths did stay lower than many other European countries.
Note: How is it that Sweden, which was hit hard by the virus in the beginning, has had fewer hospitalizations and deaths per million than the US and 2/3 of the other European countries without a lockdown or requiring masks? For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
The vaccination drive is lagging far behind in many Amish communities. In Ohio's Holmes County, home to the nation's largest concentration of Amish, just 14% of the county's overall population is fully vaccinated. While their religious beliefs don't forbid them to get vaccines, the Amish are generally less likely to be vaccinated for preventable diseases such as measles and whooping cough. Though vaccine acceptance varies by church district, the Amish often rely on family tradition and advice from church leaders, and a core part of their Christian faith is accepting God's will in times of illness or death. Many think they don't need the COVID-19 vaccine now because they've already gotten sick and believe their communities have reached herd immunity, according to health care providers in Ohio, Pennsylvania and Indiana, home to nearly two-thirds of the estimated 345,000 Amish in the U.S.. "That's the No. 1 reason we hear," said Alice Yoder, executive director of community health at Penn Medicine Lancaster General Health, a network of hospitals and clinics. Experts say the low vaccination rates are a reflection of both the nature of the Amish and the general vaccine hesitancy found in many rural parts of the country. Some health clinics that serve the Amish are hesitant to push the issue for fear of driving them away from getting blood pressure checks and routine exams.
Note: This NPR affiliate article states, "Holmes County in northeastern Ohio has the worst vaccination rate in the state – just 17% – and yet, the county has the state's lowest rate of COVID spread." As of Oct. 1, Holmes County had the second lowest COVID case rate in Ohio. Despite having one of the lowest vaccination rates in the US and not observing the lockdown, the number of total per capita deaths in Holmes county is only about 27% more than that of the U.S.. This five-minute video explains why the Amish don't want vaccines.
At least 10 out of 26 Indonesian doctors who have died from Covid-19 this month had been fully vaccinated with Sinovac, prompting health experts to consider whether medics should receive alternative doses to boost immunity. Indonesia, which has relied on the Chinese-made vaccine for its health workers, is struggling with a new surge in coronavirus cases. On Monday the country announced 20,694 new infections. In Kudus, a town in central Java, more than 500 medical workers have tested positive for Covid-19 over the last two weeks, including one doctor who died. All were fully vaccinated. The data, released by the risk mitigation team of the Indonesian Medical Association (IMA), adds to questions about the level of protection that Sinovac provides against new, more infectious variants. The vaccine was approved for emergency use this month by the World Health Organization, which said efficacy results showed it prevented symptomatic disease in 51% of those vaccinated, and prevented severe Covid-19 and hospitalisation in 100% of the studied population. However, several countries that have vaccinated a large proportion of their population and used the Chinese-made Sinovac or Sinopharm vaccines as part of their inoculation campaigns have reported recent outbreaks. These include Mongolia, Seychelles, Bahrain and Chile.
Note: For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.
At the bedside of a single Covid-19 patient who's already received the full official treatment protocol and is failing anyway, the decision to administer a drug like ivermectin, or fluvoxamine, or hydroxychloroquine, or any of a dozen other experimental treatments, seems like a no-brainer. Nothing else has worked, the patient is dying, why not? Telescope out a little further, however, and the ivermectin debate becomes more complicated, reaching into a series of thorny controversies, some ridiculous, some quite serious. The ridiculous side involves ... the censorship of ivermectin news. Anyone running a basic internet search on the topic will get a jumble of confusing results. YouTube's policies are beyond uneven. It's been aggressive in taking down videos ... and doling out strikes to independent media figures. Ivermectin has suffered the same fate as thousands of other news topics since Donald Trump first announced his run for the presidency nearly six years ago, cleaved in two to inhabit separate factual universes for left and right audiences. The drug has become a test case for a controversy that's long been building in health care, about how much input patients should have in their own treatment. Should people on their deathbeds be allowed to try anything to save themselves? That seems like an easy question to answer. Should the entire world be allowed to practice self-care on a grand scale? That's a different issue.
Note: Don't miss the entire article to see just how crazy the medical establishment has become in treating COVID. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
Portions of a military information campaign meant to influence the Canadian public during the COVID-19 pandemic continued to operate months after the chief of the defence staff at the time ordered it shut down in the spring of 2020. The Canadian military recently conducted four reviews of controversial initiatives. A copy of one of those reviews was obtained by CBC News under access to information legislation. That review shows that even after the then-chief of the defence staff, Jonathan Vance, verbally called off the overall influence campaign in April 2020, some influence activities aimed at Canadians carried on for another six months – until Vance issued a written edict in November 2020. The military deployed propaganda techniques in Canada without approval during the pandemic and gathered information about Canadians' online activities without permission from authorities. DND denies it has used psychological warfare techniques, honed during the Afghan war, on Canadians. But the line between psychological warfare and information operation campaigns has become increasingly blurry over the last few years. The review document obtained by CBC News says the Canadian Joint Operations Command (CJOC) ... "liberally interpreted" department policy. The unit decided it had the authority to conduct information operations on Canadians without government approval because it was asked by the government to help with the response to the pandemic.
Note: Learn more in this article titled, "Military leaders saw pandemic as unique opportunity to test propaganda techniques on Canadians, Forces report says." For more along these lines, see concise summaries of deeply revealing news articles on military corruption from reliable major media sources.
A CDC safety group said there's a "likely association" between a rare heart inflammatory condition in adolescents and young adults mostly after they've received their second Covid-19 vaccine shot, citing the most recent data available. There have been more than 1,200 cases of a myocarditis or pericarditis mostly in people 30 and under who received Pfizer's or Moderna's Covid vaccine, according to a series of slide presentations published Wednesday for a meeting of the Centers for Disease Control and Prevention's Advisory Committee on Immunization Practices. Myocarditis is the inflammation of the heart muscle, while pericarditis is the inflammation of the membrane surrounding the heart. The agency said there have been 267 cases of myocarditis or pericarditis reported after receiving one dose of the mRNA vaccines and 827 reported cases after two doses through June 11. Roughly 300 million of the shots had been administered as of June 11. Men under 30 make up the bulk of the cases, the CDC said. Of the 295 people who have developed the condition and have been discharged, 79% of them have fully recovered. Nine people were hospitalized, with two in intensive care as of June 11. The CDC is coordinating its investigation with the Food and Drug Administration, which last month authorized the Pfizer-BioNTech vaccine for adolescents ages 12 to 15. Symptoms, which include chest pain and shortness of breath, typically develop within a week of receiving the shot with most developing within four days, the agency said.
Note: For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.
More than five million people became millionaires across the world in 2020 despite economic damage from the Covid-19 pandemic. While many poor people became poorer, the number of millionaires increased by 5.2 million to 56.1 million globally, Credit Suisse research found. In 2020, more than 1% of adults worldwide were millionaires for the first time. Wealth creation appeared to be "completely detached" from the economic woes of the pandemic. The number of ultra-high net worth individuals, usually defined as those having investable assets of more than $30m, grew by 24% worldwide in 2020, the fastest rate of increase since 2003. Credit Suisse said its total of the number of millionaires might be higher than other organizations' estimates because it included both investable and non-investable assets, such as owner-occupied homes. [Economist] Anthony Shorrocks ... said the pandemic had an "acute short-term impact on global markets", but added this was "largely reversed by the end of June 2020". "Global wealth not only held steady in the face of such turmoil, but in fact rapidly increased in the second half of the year," he said. However, wealth differences between adults widened in 2020, and Mr Shorrocks said if asset price increases, such as house price rises, were removed from the analysis, "then global household wealth may well have fallen". "In the lower wealth bands where financial assets are less prevalent, wealth has tended to stand still, or, in many cases, regressed," he said.
Note: For more along these lines, see concise summaries of deeply revealing news articles on income inequality from reliable major media sources.
At a US border detention centre in the Texan desert, migrant children have been living in alarming conditions - where disease is rampant, food can be dangerous and there are reports of sexual abuse. The tented camp in the Fort Bliss military base in El Paso, Texas, is the temporary home for over 2,000 teenaged children who have crossed the US-Mexico border alone. A number of tents have also been set up just to accommodate the large numbers of sick children - the children have nicknamed it 'Covid city'. In addition to Covid, outbreaks of the flu and strep throat have also been reported since the camp opened in late March. And some children in need of urgent medical attention have been neglected. Photos and video smuggled out of the facility by staff and given to the BBC, show rows of flimsy bunks, set inches from each other, extending in long lines. There are reports of staff sexually abusing children at the Fort Bliss camp. At a camp training session, secretly recorded by a staff member and shared with the BBC, an employee voiced concern. "We have already caught staff with minors inappropriately," she said. Another employee told the BBC that the Department of Homeland Security (DHS) had spoken to staff about a rape. "DHS mentioned there was a rape - they are giving the girls pregnancy tests," she said. "And I heard the other night that another contractor was caught in a boys' tent, you know, doing things with him."
Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and sexual abuse scandals from reliable major media sources.
Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.