COVID Corruption News Stories

Excerpts of Key COVID Corruption News Stories 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: This comprehensive list of news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.

We have detonated the global economy to pursue a lockdown experiment that may not have worked, according to the latest evidence. World-class studies that suggest lockdown did not alter the pandemic's course are mysteriously vanishing into internet obscurity on first contact with the official narrative. This is a scandal so overwhelming that there is only one good place to start: the evidence as it stands. In accordance with pro-lockdown theory, if stay at home orders worked, you might have expected to see daily deaths spike 3-4 weeks after such measures were implemented. But, in Britain, infections may have peaked a week before lockdown, according to Prof Carl Heneghan of Oxford University, with daily deaths in hospitals plateauing a fortnight after it was introduced. We are not an anomaly: peak dates across Europe also seem to confound the official theory. Don't just take my word for it. A University of the East Anglia study posits that Europe's "stay-at-home policies" were not effective. A JP Morgan investigation suggests the virus "likely has its own dynamics" which are "unrelated to often inconsistent lockdown measures". Nobel prize-winning bio-physicist Michael Levitt ... has claimed, sensationally, that the modelling that justified lockdown made the fatally incorrect assumption that Covid-19's spread is continuously exponential.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

China has imposed restrictions on the publication of academic research on the origins of the novel coronavirus, according to a central government directive and online notices published by two Chinese universities, that have since been removed from the web. Under the new policy, all academic papers on Covid-19 will be subject to extra vetting before being submitted for publication. Studies on the origin of the virus will receive extra scrutiny and must be approved by central government officials. Since late January, Chinese researchers have published a series of Covid-19 studies in influential international medical journals. Some findings about early coronavirus cases - such as when human-to-human transition first appeared - have raised questions over the official government account of the outbreak and sparked controversy on Chinese social media. And now, Chinese authorities appear to be tightening their grip on the publication of Covid-19 research. A Chinese researcher who spoke on condition of anonymity due to fear of retaliation said the move was a worrying development that would likely obstruct important scientific research. "I think it is a coordinated effort from (the) Chinese government to control (the) narrative, and paint it as if the outbreak did not originate in China," the researcher told CNN. Last month, Zhao Lijian, a spokesperson of the Chinese Foreign Ministry, promoted a conspiracy on Twitter that the virus had originated in the US and was brought to China by the US military.

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus from reliable major media sources.

Last week, New York’s governor, Andrew Cuomo, announced that Bill Gates would be responsible for “reimagining” New York’s education system. Cuomo also asked former Google chief executive Eric Schmidt to lead a panel planning New York’s post-Covid tech infrastructure. As Naomi Klein writes, the appointments of Schmidt and Gates represent a “Pandemic Shock Doctrine ... that is being rushed into being as the bodies still pile up [and] treats our past weeks of physical isolation not as a painful necessity to save lives, but as a living laboratory for a permanent – and highly profitable – no-touch future”. Schmidt’s vision of the future is ... mass surveillance plus public investment in companies in which he has a stake. Even if Schmidt and Gates had good policies, Cuomo’s knighting of them is offensive to American self-government. Nobody voted for them and they are accountable to no one. Cuomo ... is simply allowing billionaires to plan our future directly, taking out the middlemen. Cuomo anointed these tsars at the exact same time that he took vast new powers away from the state legislature, which has not been holding regular legislative hearings since 1 April. Coronavirus has created a constitutional crisis of sorts, one where the rules of representation, power and decision-making are up for grabs. Monopolists are seizing power and market share for themselves, setting themselves up as the arbiters of our collective futures.

Note: For more, see this revealing article by Naomi Klein in the Intercept. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

About 1 in 5 adults in England believe the coronavirus is to some extent a hoax, according to research on conspiracy theories by the University of Oxford. In addition, researchers found nearly 3 out of 5 adults in England believe the government is misleading them to some extent about the cause of the virus, and nearly 1 in 10 strongly agree that China developed the coronavirus to destroy the West. The research was based on surveys of 2,500 adults earlier this month and published in the journal, Psychological Medicine. Lead researcher and psychology professor Daniel Freeman said the pandemic has the necessary ingredients to fuel conspiracy theories, including sustained threat and enforced change. He added that those who believe conspiracy theories are less likely to follow government guidance. "Those who believe in conspiracy theories also say that they are less likely to accept a vaccination, take a diagnostic test or wear a face mask," Freeman said. "In the wake of the epidemic, mistrust looks to have become mainstream." In the United Kingdom ... more than 100 cellphone towers have been burned amid unfounded conspiracy theories that the new mobile technology known as fifth generation either spreads the virus or the lockdown is a cover for rolling out 5G.

Note: Just because someone claims a conspiracy doesn't mean there is not truth to it. Though informative, this article is quite dismissive of those who question the official story of the coronavirus. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

The chief scientist brought on to lead the Trump administration's vaccine efforts has spent the last several days trying to disentangle pieces of his stock portfolio and his intricate ties to big pharmaceutical interests. The scientist, Moncef Slaoui, is a venture capitalist and a former longtime executive at GlaxoSmithKline. Most recently, he sat on the board of Moderna, a Cambridge, Mass., biotechnology firm with a $30 billion valuation that is pursuing a coronavirus vaccine. He resigned when President Trump named him last Thursday to the new post as chief adviser for Operation Warp Speed, the federal drive for coronavirus vaccines and treatments. Just days into his job, the extent of Dr. Slaoui's financial interests in drug companies has begun to emerge: The value of his stock holdings in Moderna jumped nearly $2.4 million, to $12.4 million when the company released preliminary, partial data from an early phase of its candidate vaccine trial. Dr. Slaoui did not come on board as a government employee. Instead, he is on a contract ... that leaves him exempt from federal disclosure rules that would require him to list his outside positions, stock holdings and other potential conflicts. And the contract position is not subject to the same conflict-of-interest laws and regulations that executive branch employees must follow. Dr. Slaoui ... is not the first Trump administration official with close relationships to drug and health care companies. Alex M. Azar II, the health and human services secretary, is a former Eli Lilly executive.

Note: If the above link fails, this article is also available here. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in Big Pharma from reliable major media sources.

A third of Americans are showing signs of clinical anxiety or depression, Census Bureau data shows, the most definitive and alarming sign yet of the psychological toll exacted by the coronavirus pandemic. When asked questions normally used to screen patients for mental health problems, 24 percent showed clinically significant symptoms of major depressive disorder and 30 percent showed symptoms of generalized anxiety disorder. The findings suggest a huge jump from before the pandemic. For example, on one question about depressed mood, the percentage reporting such symptoms was double that found in a 2014 national survey. The troubling statistics were released last week in a tranche of data from the Census Bureau. The agency launched an emergency weekly survey of U.S. households at the end of April to measure the pandemic’s effects on employment, housing, finances, education and health. In the most recent data release, 1 million households were contacted between May 7 and 12, and more than 42,000 responded. Buried within that 20-minute survey, U.S. officials included four questions taken nearly word-for-word from a form used by doctors to screen patients for depression and anxiety. Those answers provide a real-time window into the country’s collective mental health after three months of fear, isolation, soaring unemployment and continuing uncertainty. Those results reflect a deepening of existing trends: rising depression, stress and suicide among young adults.

Note: Read also a Washington Post article titled "A massive wave of evictions is coming." For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and health from reliable major media sources.

Indonesia's Government has rolled out what it calls rice ATMs across Jakarta to assist the needy, as the coronavirus pandemic takes a heavy toll on South-East Asia's largest economy. Authorities have so far rolled out 10 machines across greater Jakarta — home to more than 30 million people — to dispense 1.5 kilograms of rice to the poor, as millions have found themselves out of work due to coronavirus social distancing measures. Jakarta resident Agus, who goes by one name, lost his job as a labourer in early March. It is estimated up to 70 per cent of Indonesia's labour force works informally, meaning the impact of enforced business shutdowns and stay-at-home orders have been particularly severe. Agus and his family are one of hundreds who have already registered for rice assistance in his district — a requirement to be eligible to access the rice ATM. Officials say the machines can distribute up to 1.5 tonnes of rice per day to 1,000 people. Indonesia's Ministry of Agriculture said that the rice ATMs will operate for at least the next two months and Agus hopes that the government will consider extending the program. "There's no guarantee that me and other people will get a job next month, of course, it'd be better if we can keep the assistance until we earn money again," he said. "The free rice has greatly helped my family to reduce our monthly spending." A rice ATM has also reportedly been installed at Diponegoro University in the city of Semarang, allowing hungry students to access 2kg of rice per week.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.

Although the number of coronavirus cases continues to grow globally, there are places that have managed to successfully control COVID-19. Perhaps the greatest success story is New Zealand, which has stopped local transmission and has a plan to completely eliminate the virus from its territory. "The lesson is that it can be done," says Siouxsie Wiles. Wiles heads up the Bioluminescent Superbugs Lab at the University of Auckland. Much of her work focuses on antibiotic resistance and infectious diseases. When the coronavirus hit, she got involved in communication efforts in New Zealand to help explain the virus, including by using a popular cartoon. But it wasn't just scientists who led the charge. Wiles — and many other New Zealanders — give much of the credit for their country's success to the swift and decisive leadership of Prime Minister Jacinda Ardern. Wiles ... says that the prime minister did something quite interesting, "which was that unlike many other countries, she never put us on a war footing." So Ardern's speeches weren't about attacking an invisible enemy — as many world leaders would say. Instead she called on New Zealanders to confront this crisis by protecting their fellow citizens. "She talked over and over about us being a team of 5 million and that we all do our part to break these chains of transmission and to eliminate the virus," Wiles says. "I think that has been one of the really crucial things — everybody ... behaving for the good of everybody."

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.

When the coronavirus pandemic hit, the future of the Cannard Family Farm—whose organic vegetables supplied a single Berkeley restaurant—was looking stark. Bob Cannard built his 30-year career by rejecting organic certification in favor of his own “better than organic” breed of “natural process agriculture,” enriching the soil on his Green String Farm with crushed rock and compost. He and his son have long sold the fruits of their labor to the famous restaurant Chez Panisse. But in March, the stay-at-home order hit, and the restaurant closed. [Chef Alice] Waters was worried about the vulnerable situation her workers and producers were finding themselves in. She rushed to establish a subscription CSA, which stands for community supported agriculture, offering weekly food boxes that could be picked up at the shuttered restaurant, filled with goodies from her regular producers like Cannard. “I’m trying to connect our network with the people who would like to have that food in their home,” she said. “Farmers are always in an uphill battle, especially ecological farmers,” says Wiig of the Community Alliance with Family Farmers. “We’ve been able to keep farm markets open as essential businesses, but crowds have decreased with people afraid to go out, and sales are down.” Community Alliance was quick to jump in, becoming a “matchmaker” for producers and buyers on its website. They’re also providing all kinds of information for farmers about how to start and run a CSA.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.

Spot is focused on the asphalt path ahead, where a few joggers and bicyclists are out for some socially distanced sunshine. A cyclist in a brimmed hat rides past. Spot pipes up, not with a bark, but with a recorded message. “Let’s keep Singapore healthy,” comes a woman’s voice, polite but firm. “For your own safety, and for those around you, please stand at least one meter apart. Thank you.” Spot [is] an agile, four-legged, arrestingly doglike robot that Singapore has deployed to help enforce distancing measures during the second month of a partial coronavirus lockdown. Developed by Boston Dynamics of Waltham, Mass., Spot is one of the world’s most advanced commercial robots, last seen opening doors, hauling a truck or dancing to Bruno Mars in a slate of mesmerizing promotional videos. Its two-week pilot in a park here is seen as a test of how machines and artificial intelligence could help reduce human contact in public spaces. Singapore officials said the goal of using Spot was “reducing the manpower required for park patrols and minimizing physical contact among staff, volunteer safe distancing ambassadors and park visitors.” Cameras installed on its body will help estimate the number of visitors in the park, but officials said they cannot recognize individuals. If the trial is successful, officials said they would consider deploying Spot ... at other parks. A second Spot robot has also been in use since last month to deliver medicines at an isolation facility housing thousands of COVID-19 patients.

Note: Click on the link above to see this robotic canine. Robot policing raises some serious concerns. CNBC has an article claiming as a result of the virus, we need social robots, robot avatars, and more. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

Public health officials in some states are accused of bungling coronavirus infection statistics or even using a little sleight of hand to deliberately make things look better than they are. In Virginia, Texas and Vermont, for example, officials said they have been combining the results of viral tests, which show an active infection, with antibody tests, which show a past infection. Public health experts say that can make for impressive-looking testing totals but does not give a true picture of how the virus is spreading. In Florida, the data scientist who developed the state’s coronavirus dashboard, Rebekah Jones, said this week that she was fired for refusing to manipulate data “to drum up support for the plan to reopen.” In Georgia, one of the earliest states to ease up on lockdowns and assure the public it was safe to go out again, the Department of Public Health published a graph around May 11 that showed new COVID-19 cases declining over time in the most severely affected counties. The daily entries, however, were not arranged in chronological order but in descending order. Georgia's Department of Public Health also regularly publishes a graph that shows cases over time, except new infections are not listed on the day they came back positive, which is the practice in many other states. Instead, Georgia lists new cases on the day the patient first reported symptoms. That practice can shift the timeline of the outbreak and make it appear as if the state is moving past the peak.

Note: It's quite interesting to note that they made no mention of fudging the figures to make things look worse than they are, like doctors being instructed to list cause of death as COVID-19 even when they aren't certain. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus from reliable major media sources.

The federal government has ramped up security and police-related spending in response to the coronavirus pandemic, including issuing contracts for riot gear, disclosures show. The purchase orders include requests for disposable cuffs, gas masks, ballistic helmets, and riot gloves, along with law enforcement protective equipment for federal police assigned to protect Veterans Affairs facilities. The orders were expedited under a special authorization “in response to Covid-19 outbreak.” “Between 2005 and 2014, VA police departments acquired millions of dollars’ worth of body armor, chemical agents, night vision equipment, and other weapons and tactical gear,” The Intercept reported last year. But an Inspector General report in December 2018 found there was little oversight. The CARES Act, the $2.2 trillion stimulus legislation passed in late March, also authorized $850 million for the Coronavirus Emergency Supplemental Funding program, a federal grant program to prepare law enforcement, correctional officers, and police for the crisis. The funds have been dispensed to local governments to pay for overtime costs, purchase protective supplies, and defray expenses related to emergency policing. The grants may also be used for the purchase of unmanned aerial aircraft and video security cameras for law enforcement. Motorola Solutions, a major supplier of police technology, has encouraged local governments to use the new money to buy a range of command center software and video analytics systems.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and the disappearance of privacy from reliable major media sources.

Fourteen years ago, two federal government doctors, Richard Hatchett and Carter Mecher, met with a colleague at a burger joint in suburban Washington for a final review of a proposal they knew would be treated like a pińata: telling Americans to stay home from work and school the next time the country was hit by a deadly pandemic. How that idea — born out of a request by President George W. Bush to ensure the nation was better prepared for the next contagious disease outbreak — became the heart of the national playbook for responding to a pandemic is one of the untold stories of the coronavirus crisis. “A pandemic is a lot like a forest fire,” Mr. Bush said in a speech at the National Institutes of Health. “If caught early it might be extinguished with limited damage.” To develop ideas, the Bush administration enlisted Dr. Hatchett, who had served as a White House biodefense policy adviser, and Dr. Mecher, who was a Veterans Affairs medical officer. Dr. Mecher heard from Robert J. Glass, a senior scientist at Sandia. “Targeted social distancing strategies can be designed to effectively mitigate the local progression of pandemic influenza without the use of vaccine or antiviral drugs,” concluded a study that Dr. Glass published. The administration ultimately sided with the proponents of social distancing. Then the coronavirus came, and the plan was put to work across the country for the first time. Dr. Markel called it “very gratifying to see our work used to help save lives.” But, he added, “it is also horrifying.”

Note: Read an excellent essay revealing serious questions about the formation of this policy. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

Big Tech companies are aggressively tamping down on COVID-19 “misinformation” — opinions and ideas contrary to official pronouncements. Dr. Knut M. Wittkowski, former head of biostatistics, epidemiology and research design at Rockefeller University, says YouTube removed a video of him talking about the virus that had racked up more than 1.3 million views. Wittkowski, 65, is a ferocious critic of the nation’s current steps to fight the coronavirus. He has derided social distancing, saying it only prolongs the virus’ existence, and has attacked the current lockdown as mostly unnecessary. Wittkowski, who holds two doctorates in computer science and medical biometry, believes the coronavirus should be allowed to create “herd immunity,” and that short of a vaccine, the pandemic will only end after it has sufficiently spread through the population. “I was just explaining what we had,” Wittkowski told The Post of the video, saying he had no idea why it was removed. “They don’t tell you. They just say it violates our community standards. There’s no explanation for what those standards are or what standards it violated.” In articles and interviews across the web, he has likened COVID-19 to a “bad flu.” That likely made him a target for YouTube. “Anything that goes against [World Health Organization] recommendations would be a violation of our policy,” CEO Susan Wojcicki told CNN.

Note: For more along these lines, see concise summaries of deeply revealing news articles on media corruption and the coronavirus from reliable major media sources.

President Trump’s enthusiastic embrace of a malaria drug that he now says he takes daily — and the resulting uproar in the news media — appears to be interfering with legitimate scientific research into whether the medicine might work to prevent coronavirus infection or treat the disease. The drug, hydroxychloroquine ... is also widely used to treat lupus and other autoimmune diseases. But specialists — including Dr. Anthony S. Fauci, the government’s top infectious disease expert — say the jury is still out. Mr. Trump’s frequent pronouncements and misstatements — he has praised the drug as a “game changer” and a “miracle” — are only complicating matters. Last week, the National Institute of Allergy and Infectious Diseases, which Dr. Fauci leads, announced a 2,000-patient study to determine whether hydroxychloroquine, when combined with the antibiotic azithromycin, “can prevent hospitalization and death from Covid-19,” joining more than 50 other clinical trials that are continuing in the United States. Researchers around the country said the controversy was depressing enrollment in their clinical trials. The president’s trade adviser, Peter Navarro ... said “hydroxy hysteria” in the news media — not Mr. Trump — was to blame. “Has the media’s war of hysteria on hydroxychloroquine killed people?” Mr. Navarro asked in an interview. “If the scientific evidence does indeed prove that the medicine has both prophylactic and therapeutic value, the answer is yes.”

Note: In a survey reported in this New York Post article, over 2,000 physicians were asked which drug was most effective in treating the coronavirus. Hydroxychloroquine was chosen by the greatest number of those surveyed (37%). Remember that chlorequine has already been proven safe for other illnesses and is very cheap as the patent expired. So big Pharma, who are huge sponsors of the media, don't like this drug. For more along these lines, see concise summaries of deeply revealing news articles on media corruption and the coronavirus from reliable major media sources.

The uncertainty surrounding coronavirus has been a huge source of anxiety throughout this pandemic, as scientists have struggled to uncover not just a treatment for the disease, but also basic facts about its existence. Though many have been concerned about infection through items like groceries or mail deliveries, the Centers for Disease Control and Prevention has recently issued updated guidance saying that coronavirus “does not spread easily” from touching surfaces or objects. “It may be possible that a person can get COVID-19 by touching a surface or object that has the virus on it and then touching their own mouth, nose, or possibly their eyes,” the CDC says. “This is not thought to be the main way the virus spreads, but we are still learning more about this virus.” The CDC still notes, however, that the virus spreads 'very easily and sustainably’ from person to person. As precautions against infection, the organization continues to recommend that people wash their hands often with soap and water and maintain six feet of social distance from others. Despite the update regarding transmission through objects, it still says that Americans should routinely clean and disinfect frequently touched surfaces.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

Maryland Gov. Larry Hogan is ... directing residents to stay home to avoid a larger outbreak of the coronavirus. Authorities have charged at least two people in recent days with violating bans on public gatherings of more than 10 people – an offense that could result in a year in jail, a $5,000 fine, or both. Hogan says arrest for coronavirus offense sends 'great message.' The governor’s declaration mirrors a struggle across the country to enforce a patchwork of new stay-at-home orders, social-distancing directives and quarantines. Some people have found themselves under arrest for violating coronavirus regulations. In Hawaii, violators of the stay-at-home order face some of the stiffest penalties on the books to date: fines of up to $5,000 and a year in jail. Police in Honolulu have issued dozens of citations and made at least two arrests. In Texas, Gov. Greg Abbott has [called] for visitors from heavily-infected states and cities to self-isolate for 14 days or risk 180 days in jail and a $1,000 fine. [In Florida] checkpoints have been set up on interstate highways. Violators could be fined up to $500, jailed up to 60 days, or both. Washington State ... residents are invited to complete online forms detailing suspected violations by local businesses operating when they should be closed. The state threatens violators with citations, suspension notices, revoked business licenses – even criminal charges. Some states that order out-of-staters to quarantine themselves for 14 days have drawn complaints from the American Civil Liberties Union for violating travelers' rights.

Note: Meanwhile in Sweden with no lockdown policies, no one is being arrested and the country has not spiraled out of control as predicted. Is it worth saving thousand of lives with these severe policies at the cost of hundreds of millions being plunged into poverty worldwide? For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

The growing gap between America’s rich and everyone else is hardly new. But the extra-ordinarily rapid economic collapse catalyzed by COVID-19 has made the chasm deeper and wider. Since mid-March, more than 30 million people have filed for unemployment. Meanwhile, after a steep but brief dip in March, the stock market rallied. The richest and most well–connected are seeing their wealth reaccumulate, as if by magic, while middle- and working–class families drown in debt that deepens with every passing week. The contrast isn’t just between low-wage workers and billionaire bosses. Bills are mounting for small restaurants and retailers as their applications for the federal Paycheck Protection Program go unanswered. Small retailers closed to comply with social–distancing orders while e-commerce sales, especially from the biggest online platforms, have spiked. Assistance is most readily available to those with lawyers and lobbyists on the payroll. It’s not an exaggeration to say that inequality has the potential to undermine democratic society and threaten global stability. Only about 1 in 4 adults in lower-income households say they have enough money to cover expenses for three months in the case of an emergency. The majority of people laid off are working–class and disproportionately women and people of color. One lost job or missed rent payment threatens to tip them into an economic abyss. More businesses will fail, creating more unemployment and further diminishing consumer demand. About 12.7 million Americans have likely lost employer–provided health insurance since the pandemic began. The richest are steadily climbing ever higher while workers without stable jobs, incomes or savings are sent plummeting downward.

Note: Note that the financial ruin is not caused by the virus, but by the severe lockdown policies being implemented. These policies have no scientific basis. Meanwhile in Sweden with no lockdown policies, no one is being arrested, the country has not spiraled out of control as predicted, and the economy is fairing well. Is it worth saving thousand of lives with these severe policies at the cost of hundreds of millions being plunged into poverty worldwide? For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

America’s billionaires saw their fortunes soar by $434 billion during the U.S. lockdown between mid-March and mid-May, according to a new report. Amazon’s Jeff Bezos and Facebook’s Mark Zuckerberg had the biggest gains, with Bezos adding $34.6 billion to his wealth and Zuckerberg adding $25 billion. The billionaire gains highlight how the coronavirus pandemic has rewarded the largest and most tech-focused companies, even as the economy and labor force grapples with the worst economic crisis in recent history. According to the report, the net worth of America’s billionaires grew 15% during the two-month period, to $3.382 trillion from $2.948 trillion. The biggest gains were at the top of the billionaire pyramid, with the richest five billionaires -- Bezos, Bill Gates, Zuckerberg, Warren Buffett, and Larry Ellison -- seeing combined wealth gains of $76 billion. Elon Musk had among the largest percentage gain of billionaires during the two months, seeing his net worth jump by 48% in the two months to $36 billion. Zuckerberg was close behind, seeing his wealth surge by 46% in the two months, to $80 billion. Bezos’ wealth increased by 31% to $147 billion. Because the study timeline captures the stock market bottom and quick rebound, it creates a slightly sunnier picture for billionaires than the full year. For the year, Buffett’s wealth has declined by $20 billion, according to the Bloomberg Billionaire’s Index, while Gates is down by $4.3 billion. For the year, Jeff Bezos has gained $35.5 billion while Zuckerberg is up by $9 billion.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

Sweden’s coronavirus choices are unique. The Scandinavian country is the only Western one not to impose a lockdown and will suffer less economic damage as a result. Sweden’s minority government relies on centre-left, centre-right and green parties to pass laws so there’s more political consensus around its pandemic policy than might be the case elsewhere. Public trust in the authorities meant guidelines on social distancing were largely followed without a lockdown. Sweden’s Covid-19 death rate, of around 322 deaths for every million people, is substantially below the UK, Italy and Spain, which imposed full lockdowns. Still, Sweden’s death toll is higher than its Nordic peers or Germany as a result of the trade-off to limit the economic damage. At least the bet paid off. Swedish GDP shrank 0.3% in the first quarter from the previous three months, less than a tenth of the pace at which the euro zone economy contracted. The generous welfare system makes it easy for Swedish workers to self-isolate without suffering financial hardship. Their country spends roughly a quarter of its GDP on social spending ... and compensates workers for the majority of wages if they are furloughed. This applies even to the self-employed. And given public debt amounted to only 35% of GDP in 2019, fiscal policy had plenty of room to help the economy. The government last month announced a 39 billion Swedish crown ($4 billion) scheme to reimburse up to three-quarters of businesses’ fixed costs, based on lost turnover.

Note: Read a balanced, informative New York Times article written by a Swede about her experience there. This graph shows that Sweden is doing well compared to other countries considering that they have not instituted a lockdown. For more, see concise summaries of revealing news articles on the coronavirus from major media sources.

Important Note: Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.