For 139 Years, the American Red Cross has been a helping hand during uncertain times and 2020 has been no exception. Recently the organization has had its hands full, offering relief from natural disasters like wildfires in California and Hurricane Laura, amid the coronavirus pandemic.
"My heart goes out to the people that have been experiencing these back-to-back-to-back disasters," said Gail McGovern, president and CEO of The American Red Cross. "Within the last 30 days we had the derecho in the Midwest, we had wildfires in California, and now, of course, we're dealing with Hurricane Laura."
Hurricane Laura left significant devastation in its path, affecting about 700,000 homes. "It's either they're out of power or the sewage system isn't working. or the water isn't working," said McGovern. "It's very, very difficult out there."
The organization has been distributing about 45,000 meals per day throughout this hurricane relief effort.
While it is not uncommon for the Red Cross to juggle multiple disaster response efforts simultaneously, 2020 has brought the additional challenge of helping large numbers of people with COVID-19 still spreading."We're still delivering our mission despite the pandemic," said McGovern.
In addition to staff members, the aid organization relies heavily on volunteers. "I have to say that I am so proud of our volunteers because they are coming out in the same numbers that they had been pre-COVID, which is remarkable," said McGovern. "These people are humanitarians: they see a need and they just have to jump in and fill it." She noted they could still use more volunteers and there are opportunities for people to volunteer virtually.
"We're still fulfilling our mission, but the way we are doing it is completely different. Wherever possible we are trying to put people in hotels, and we're doing that so that they can social distance so that we're not in large congregate shelters where the disease can spread," said McGovern. "If we have to open up a shelter we're trying to open up multiple shelters so there are fewer people in each."
People using the shelters receive health screenings when they enter and are required to wear masks. Inside, cots are socially distanced and hand sanitizer is readily available, she added. The organization has been able to secure a large number of hotel rooms, though, so people have a safe place to go where they are not surrounded by crowds.
Donations are still needed, however. "We think Hurricane Laura is going to probably cost about $20 million dollars and so far only $2.1 million has come through the door. Any gift would be deeply, deeply appreciated regardless of the size," she noted. Donations can be made at Redcross.org.
"It's a different world and yet we're still out there helping people to the best of our ability."
Although still early in development, blockchain technology, Web3, also known as Web 3.0 has been getting a lot of attention from some top tech names lately. Web3 is based on blockchain technology, which powers NFT’s and cryptocurrencies such as bitcoin. With Web3, users would ideally control their own data, rather than have it be controlled by a few large companies. But, Tesla CEO Elon musk isn't buying into Web3 just yet, tweeting over the weekend that the decentralized iteration of the internet seems more like a marketing "buzzword" right now than reality. Twitter co-founder Jack Dorsey also chiming in to the conversation, expressing doubt over whether or not Web3 would actually be decentralized if ownership still belonged to venture capital firms. Parker McCurley, co-founder & CEO of Decent Labs explains the significance of Web3 catching the eye of the tech giants, and what Web3 could mean for the future of the internet.
Carlo and Baker cover the heartening news on the Covid front ahead of the holiday, plus President Biden punting student loan repayments again, a new space telescope and Love, Hate, Ate: Christmas Eve Eve Edition!
This year's worldwide semiconductor shortage limited the supply of everything from new cars to smartphones; and now, many in the chip industry expect the shortage to continue deep into 2022, and maybe even 2023. Semiconductor senior research analyst for Robert W. Baird & Co., Tristan Gerra, joins Cheddar News' Closing Bell to discuss.
Pavel Bains, the Executive Producer of MixMob and CEO of Bluzelle, joins Cheddar News' Closing Bell to elaborate on an opinion piece he wrote for CoinDesk in which he compares the cultural significance of crypto to hip hop in the 1990s.
Direct health care company Nomi Health recently raised $110 million in a Series A round. Nomi Health lets public and private organizations directly purchase healthcare at reduced costs, and pay providers in real-time. It also delivers healthcare directly to under-served communities via its fleet of mobile care units, which the company says is the largest in the country. Nomi Health says its mission is to improve the health care experience for all Americans. Nomi Health CEO Mark Newman joined Cheddar News' Closing Bell to discuss.
Darby Fox, child and adolescent family therapist, joins Cheddar News to discuss how parents can navigate their child's mental wellness during the holidays.
A new series is looking to advance Black founders who have disruptive ideas and companies. 'Bet on Black' is a new series that allows black entrepreneurs to pitch their businesses in the hopes of securing $200,000 in funding. Revolt TV and Target teamed up to create the show. Detavio Samuels, CEO of Revolt, joins Cheddar News to discuss.
Bitcoin's rise to the mainstream has been a wild ride this year. The cryptocurrency is trading a little under $49,000 Wednesday morning and is set to finish the year sharply higher than where it began earlier this year. Ether prices also soared this year, rising from $730 per coin to nearly $4,000. Ben Armstrong, founder of Bitboy Crypto, joins us to discuss what's in store for crypto in 2022.